Understand if your Deal’s Profitable Fast!– With Ross Versteegh & Todd Sloan

Finding Profitable Deals


What makes a property development deal truly profitable—and how do you know if it’s the right one for you? In this episode, host Ross Versteegh sits down with Todd to explore the "Goldilocks" approach to property development, where finding deals that are too big, too small, or just right can make all the difference to your success.

They discuss real-world examples of development sites, the risks of overcommitting, and why some properties that look promising on paper may not actually stack up. Sharing insights on avoiding emotional purchases, understanding the full cost of development, and how to approach deals with the right level of experience and resources.

If you’re a beginner looking to start your journey or an experienced investor aiming to scale up wisely, this episode is packed with practical lessons. Tune in now and discover how to buy problems, create solutions, and leverage opportunities without overexposing yourself.



Get in touch with our amazing episode contributors & sponsors:

Connect with Ross and his team:
👉👉https://www.gambit.net.au/

InvestorKit:
https://www.investorkit.com.au/

Get in touch with Steve Ash:
https://www.propertystrats.com.au

Come visit Suburbs Finder to use their wide range of tools:
https://www.suburbsfinder.com.au/

Rob Flux:
https://developernetwork.com.au/events

Talk with Dawn Fouhy and her team today:
https://futureproofpropertyadvisory.c...



CHAPTERS:
00:00 - Introduction
01:31 - Finding the Right Deal at the Right Time
02:28 - Example of a Deal Too Big for Beginners
02:51 - Analysis of a 2,500 sqm Site in Modbury
03:35 - Potential Overpayment for Large Sites
04:36 - Risks of Large Development Projects
04:47 - Example of a Deal Too Small
05:56 - Challenges with Small, High-Quality Homes
06:45 - Market Demographics and Development Suitability
07:46 - Finding the Goldilocks Site
08:01 - Negotiating for Slightly Non-Compliant Sites
08:47 - Importance of Due Diligence
09:03 - Leverage as a Double-Edged Sword
10:24 - Characteristics of an Ideal Development Site
11:36 - Key Takeaways for Property Development
12:37 - Importance of Affording the Entire Development
13:02 - Risks of Misestimating Costs and Sales
14:01 - Summary



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Want more help understanding how to buy property faster and for less? Get your copy of Todd Sloan’s book today:




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https://www.booktopia.com.au/australi...




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https://www.dymocks.com.au/book/austr...




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