{"id":25344,"date":"2019-03-22T06:28:11","date_gmt":"2019-03-22T04:28:11","guid":{"rendered":"https:\/\/www.getsmarter.com\/blog\/?p=25344"},"modified":"2025-10-21T15:46:42","modified_gmt":"2025-10-21T13:46:42","slug":"how-to-start-and-fund-property-development","status":"publish","type":"post","link":"https:\/\/www.getsmarter.com\/blog\/how-to-start-and-fund-property-development\/","title":{"rendered":"How To Start (And Fund) Property Development"},"content":{"rendered":"\n<p>If you are <a href=\"https:\/\/www.getsmarter.com\/products\/uct-property-development-and-investment-online-short-course\">interested in becoming a property developer<\/a>, you are entering an ever-evolving industry according to PWC\u2019s Global Emerging Trends in Real Estate 2018 report. According to a European investment manager within this report, \u201cReal estate has always evolved. It serves a need in society for people to occupy space, and of course those needs change. In some sectors, the requirements are shrinking and in others they\u2019re growing. Anticipating those changes and staying ahead of them is really what good investors can do.\u201d<sup>1<\/sup><\/p>\n\n\n<div>\n            <!-- Responsive picture tag -->\n        <picture class=\"picture-block\">\n            <source media=\"(min-width: 768px)\" srcset=\"https:\/\/www.getsmarter.com\/blog\/wp-content\/uploads\/2019\/03\/SLOT61-Q4_Infostat_Desktop_970px_28-02-2019.png\" >\n            <img decoding=\"async\" src=\"https:\/\/www.getsmarter.com\/blog\/wp-content\/uploads\/2019\/03\/SLOT61-Q4_Infostat_Desktop_400px_28-02-2019.png\" alt=\"\">\n        <\/picture>\n    <\/div>\n\n\n<p><strong>The good news is that the property development sector is wide open to new entrants to disrupt the industry and steal market share<\/strong>, especially those from the tech field.<sup>3<\/sup><\/p>\n\n\n\n<h2>1. The property development landscape<\/h2>\n\n\n\n<p>South Africa\u2019s position as one of the most developed countries in sub-Saharan Africa<sup>4<\/sup> and a member of BRICS<sup>5<\/sup> (the acronym for the association of five emerging national economies: Brazil, Russia, India, China and South Africa) brings some key factors to light when considering the current landscape of property development:<\/p>\n\n\n<div>\n            <!-- Responsive picture tag -->\n        <picture class=\"picture-block\">\n            <source media=\"(min-width: 768px)\" srcset=\"https:\/\/www.getsmarter.com\/blog\/wp-content\/uploads\/2019\/03\/SLOT61-Q4_Map_Desktop_970px_28-02-2019.png\" >\n            <img decoding=\"async\" src=\"https:\/\/www.getsmarter.com\/blog\/wp-content\/uploads\/2019\/03\/SLOT61-Q4_Map_Mobile_400px_28-02-2019.png\" alt=\"\">\n        <\/picture>\n    <\/div>\n\n\n<ul>\n<li><strong>Positives<\/strong> &#8211; South Africa\u2019s well-developed financial, legal, communications and transport sectors, and open trade policy with a relatively stable domestic market. These factors should provide an environment conducive to growth.<sup>6<\/sup> There is also a strong drive towards the repurposing of inner-city office blocks to develop institutional rental housing stock, into residential units. These range from the most basic \u2013 such as residential development in the Maboneng Precinct, to The Onyx in Cape Town \u2013 which transformed Nedbank\u2019s head office into a residential and hospitality development.<sup>7<\/sup><\/li>\n<li><strong>Challenges<\/strong> &#8211; South Africa still has to overcome the triple challenges of poverty, unemployment and income inequality.<sup>8<\/sup> In the property development market, economic downturns have resulted in a more moderate stance, as developers are more likely to invest in reinventing property, rather than building on new land.<sup>9<\/sup><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-pullquote\"><blockquote><p>Real estate has always evolved. It serves a need in society for people to occupy space, and of course those needs change. In some sectors, the requirements are shrinking and in others they\u2019re growing. Anticipating those changes and staying ahead of them is really what good investors can do.<\/p><\/blockquote><\/figure>\n\n\n\n<p>However, Jason McCormick, Managing Director of McCormick Property Development and CEO of Exemplar REITail, believes that it is worthwhile to focus on student accommodation and low-to-middle income housing in the residential property development market, due to massive demand in both sectors.<sup>10<\/sup> As far as retail development goes, McCormick dismisses market talk that South Africa\u2019s retail landscape is saturated. Stating that it will take at least another five years before rural and peri-urban areas have adequate retail development. \u201cIt\u2019s not a cookie-cutter model. You have to understand the market and build the right size on the right site.&#8221;<sup>11<\/sup><\/p>\n\n\n\n<h2>2. What does a property developer do?<\/h2>\n\n\n\n<p>A property developer manages a host of activities and processes, from drawing up a business plan, to developing facilities. One definition of property development is \u201cthe continual reconfiguration of the built environment to meet society\u2019s needs\u201d.<sup>12<\/sup> As a developer you invest your finances, skills, time, and talents to transform land in its current state to an improved state.<\/p>\n\n\n\n<h2>3.&nbsp;How to start property development<\/h2>\n\n\n\n<p>To become a successful property developer you need more than financial backing \u2013 although that helps. <sup>13<\/sup><\/p>\n\n\n\n<p><strong>It\u2019s highly recommended that you begin by <a href=\"https:\/\/www.getsmarter.com\/subject-matter\/real-estate\" target=\"_blank\" rel=\"noopener\">investing in a formal education in real estate<\/a>.<\/strong> This will help give you an understanding of the obstacles and risks.<sup>14<\/sup> It\u2019s advantageous to learn about property, the markets, economics, finance, town planning, the construction processes and how to market your real estate projects.<sup>15<\/sup><\/p>\n\n\n\n<figure class=\"wp-block-pullquote\"><blockquote><p>As far as retail development goes, McCormick dismisses market talk that South Africa\u2019s retail landscape is saturated. Stating that it will take at least another five years before rural and peri-urban areas have adequate retail development.<\/p><\/blockquote><\/figure>\n\n\n\n<p>Here are other critical factors needed to become a successful property developer:<\/p>\n<ul>\n<li>Build a good team. It takes more than you and your expertise to develop property. Work on your network of professionals across all relevant industries so that you can seek advice from or hire the right people when needed<sup>16<\/sup><\/li>\n<li>Develop a deep understanding of the market,<sup>17<\/sup> and your own vision of that market<\/li>\n<li>Invest time and effort in a well-thought-out business plan, so that you not only have a means of securing financing, but also the blueprint for your business<sup>18<\/sup><\/li>\n<li>Research your potential property thoroughly, considering legal, financial, economic and technological challenges<sup>19<\/sup><\/li>\n<li>Find out what zoning and title conditions of the property you wish to invest in, as they will affect how you can develop it<sup>20<\/sup><\/li>\n<li>Become a member of the building associations in your area for added credibility and support<sup>21<\/sup><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-pullquote\"><blockquote><p>One definition of property development is \u201cthe continual reconfiguration of the built environment to meet society\u2019s needs&#8221;.<\/p><\/blockquote><\/figure>\n\n\n\n<h2>4.\u00a0How to <a href=\"https:\/\/www.getsmarter.com\/products\/uct-financing-and-valuing-commercial-property-online-short-course\" target=\"_blank\" rel=\"noopener\">finance property development<\/a> with no money<\/h2>\n\n\n\n<p>A lack of cash flow can seem like a big hindrance when you start developing property, but it doesn\u2019t have to be. There are several ways to purchase an investment property.<\/p>\n\n\n\n<ol style=\"list-style-type: lower-alpha;\">\n<li><strong>Take out a loan.<\/strong> In the absence of family or friends with extra cash, find a lender who will allow you to finance it with a low-interest rate.<sup>22<\/sup> If you\u2019re new to it, here are suggestions for overcoming the difficulty for borrowing property development money and learning the basics of the development process<sup>23<\/sup><br>\n<ol style=\"list-style-type: lower-roman;\">\n<li><strong>Gain experience.<\/strong> You are more likely to get financial support if you have some building or development history. You could join one of the many non-profits devoted to affordable housing to get the experience you need.<\/li>\n<li><strong>Develop a plan.<\/strong> Work on the project to a point where it&#8217;s attractive to investors before you knock on their door.<\/li>\n<li><strong>Private lenders and angel investors.<\/strong> This is the most likely place to find funding \u2013 with private lenders and &#8220;angels&#8221; \u2013 people with investment capital available who want to support property development. These loans usually come with their own set of criteria, and you may expect higher interest rates.<sup>24<\/sup><\/li>\n<li><strong>Government funding.<\/strong> There are many different national and municipal affordable housing initiatives that may serve as funding sources for small-scale affordable housing projects.<sup>25<\/sup><\/li>\n<\/ol>\n<\/li>\n<li><strong>Your private property.<\/strong> Being a homeowner may give you enough leverage to break into property investment. You could take out a HELOC (home equity line of credit)<sup>26<\/sup> or a second bond against your home to be used as the deposit for the property.<sup>27<\/sup><\/li>\n<li><strong>Take over the existing bond.<\/strong> The current owner of the property might be willing to transfer their bond to you if they need to unload the property quickly.<sup>28<\/sup><\/li>\n<li><strong>Rent to own.<\/strong> Look for sellers who will allow you to rent with the option to buy. Usually, a monthly rental amount is agreed upon in exchange for the use of the property, a portion or all of which is applied to the selling price agreed upon by both the buyer and seller.<sup>29<\/sup><\/li>\n<li><strong>Partner up.<\/strong> It may be worthwhile to reach out to others with the same interests as you. You can pool your funds, share responsibilities, and where one is lacking, the other fills. However, everyone must bring something to the table. First discuss things such as goals, risk, roles, and return before entering into a partnership agreement.<sup>30<\/sup><\/li>\n<li><strong>Offer to take on seller\u2019s debt.<\/strong> If the current owner needs to sell the property in order to settle some of their own debt, perhaps offer to include their debt into the purchase price instead of putting down a deposit.<sup>31<\/sup><\/li>\n<li><strong>Purchase money mortgage or seller financing.<\/strong> Seller financing is when buyers are unable to secure a loan from a financial institution, so seek financing from the seller. This is a switch from the conventional buyer-pays-the-seller scenario, where the seller now finances the buyer, who in turn repays the seller, with agreed terms.<sup>32<\/sup><\/li>\n<\/ol>\n\n\n\n<h2>5. How to invest in property development<\/h2>\n\n\n\n<p>The property development sector is ever-evolving. Here are steps to consider in your future property development investment strategy:<\/p>\n\n\n\n<ol>\n<li><strong>Consider technology and sustainability when you evaluate property.<\/strong> Tenants and buyers want \u2018green\u2019 buildings, and are willing to pay a premium for them.<sup>33<\/sup> Similarly, there\u2019s an insistence on offices and homes being designed with lots of natural light and fresh air. If your prime office and residential buildings have poor sustainability and technology you may suffer a \u2018brown discount\u2019, and possibly a shorter operational life.<sup>34<\/sup><\/li>\n<li><strong>Decide where and how to compete.<\/strong> With the increase in the southern hemisphere\u2019s economies comes an equal rise in competition for assets. To remain competitive, focus on the markets you deeply understand, and concentrate even more on the fundamentals of local knowledge and tenant demand. Be innovative and create projects in line with the needs of the community for faster returns and greater liquidity.<sup>35<\/sup><\/li>\n<li><strong>Take a data-driven approach.<\/strong> A data-driven approach to your property investment can give you clarity into where and how to invest. As an example, data was used to accurately predict the three-year rent per square foot for multifamily buildings in Seattle by more than 90%. They also took into account variables linked to non-traditional data, such as proximity to popular restaurants and retail stores, which explained 60% of the changes in rent.<sup>36<\/sup><\/li>\n<\/ol>\n\n\n\n<p>In spite of the current economic downturn and the rising of interest rates,<sup>37<\/sup> McCormick explains, \u201cProperty development is a long-term game \u2014 one has to be patient. Plan for the long term and try as best you can to mitigate the downside. Established developers and those with prime sites in sectors in demand will continue to roll out developments successfully.\u201d<sup>38<\/sup> Property development has a bright future as increased urbanisation and development occurs, world population growth and increasing GDP per capita will help propel this expansion.<sup>39<\/sup><\/p>\n<p>Learn how to make intelligent investment decisions, conduct property management effectively, and navigate the landscape of property development and entrepreneurship with this online short course.<\/p>\n\n\n\n<div class=\"related-programme-block\">\n<div class=\"related-programme\" onclick=\"window.open('https:\/\/www.getsmarter.com\/products\/uct-property-development-and-investment-online-short-course', '_blank')\">\n    <div class=\"row\">\n        <div class=\"col-12 col-md-11\">\n            <div class=\"related-programme__school-logo-container\">\n            <a href=\"https:\/\/www.getsmarter.com\/universities\/university-of-cape-town\" target=\"_blank\" class=\"related-programme__school-logo-link\">\n                <img decoding=\"async\" src=\"https:\/\/www.getsmarter.com\/blog\/wp-content\/uploads\/2018\/09\/UCT_logo.png\" alt=\"School Logo\" class=\"related-programme__school-logo\">\n            <\/a>\n            <\/div>\n            <div class=\"related-programme__copy\">\n            <a href=\"https:\/\/www.getsmarter.com\/universities\/university-of-cape-town\" target=\"_blank\" class=\"related-programme__school-name\">\n                University of Cape Town (UCT)            <\/a><br>\n            <a href=\"https:\/\/www.getsmarter.com\/products\/uct-property-development-and-investment-online-short-course\" target=\"_blank\" class=\"related-programme__programme-name\">\n                Property Development and Investment online short course            <\/a>\n            <\/div>\n        <\/div>\n        <div class=\"col-md-1 related-programme__chevron-column\">\n            <div class=\"related-programme__icon-container\">\n                <img decoding=\"async\" class=\"add-btn\" src=\"https:\/\/www.getsmarter.com\/blog\/wp-content\/themes\/blog\/assets\/icn_arrow-circle_right.svg\" alt=\"Read More Icon\">\n            <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n<\/div>\n\n\n\n<div id=\"accordion\">\n<div class=\"card\">\n<div id=\"headingOne\" class=\"card-header\">\n<h6 class=\"mb-0\"><button class=\"btn\" style=\"background-color: transparent;\" data-toggle=\"collapse\" data-target=\"#sources\" aria-expanded=\"true\" aria-controls=\"sources\"> <strong>Click here to view sources<\/strong> <\/button><\/h6>\n<\/div>\n<div id=\"sources\" class=\"collapse\" aria-labelledby=\"headingOne\" data-parent=\"#accordion\">\n<div class=\"card-body\">\n<ul class=\"mx-0\" style=\"list-style: none;\">\n\n<li class=\"mb-4\"><sup>1<\/sup> (2018). \u2018Emerging trends in real estate. The global outlook for 2018\u2019. Retrieved from <a href=\"https:\/\/www.pwc.com\/gx\/en\/industries\/financial-services\/assets\/pwc-etre-global-outlook-2018.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"> PWC<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>2<\/sup> (May, 2018). &#8216;United Nations, Department of Economic and Social Affairs, Population Division.&#8217; Retrieved from <a href=\"https:\/\/population.un.org\/wup\/\" target=\"_blank\" rel=\"noopener noreferrer\"> World Urbanisation prospects: The 2018 Revision<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>3<\/sup> (2018). \u2018Emerging trends in real estate. The global outlook for 2018\u2019. Retrieved from <a href=\"https:\/\/www.pwc.com\/gx\/en\/industries\/financial-services\/assets\/pwc-etre-global-outlook-2018.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"> PWC<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>4<\/sup> (2018). \u2018Agility Emerging Markets Logistics Index 2018\u2019. Retrieved from <a href=\"https:\/\/www.agility.com\/wp-content\/uploads\/2018\/01\/AEM-Index-2018-final.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"> Agility Emerging Markets<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>5<\/sup> Mande, S. (Jul, 2018). \u2018SA is a worthy member of BRICS\u2019. Retrieved from <a href=\"https:\/\/www.sanews.gov.za\/features-south-africa\/sa-worthy-member-brics\" target=\"_blank\" rel=\"noopener noreferrer\"> SA News<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>6<\/sup> Beja, P. (Jun, 2017). \u2018The state of property development in South Africa\u2019. Retrieved from <a href=\"https:\/\/mg.co.za\/article\/2017-06-30-00-the-state-of-property-development-in-south-africa\" target=\"_blank\" rel=\"noopener noreferrer\"> Mail &amp; Guardian<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>7<\/sup> Beja, P. (Jun, 2017). \u2018The state of property development in South Africa\u2019. Retrieved from <a href=\"https:\/\/mg.co.za\/article\/2017-06-30-00-the-state-of-property-development-in-south-africa\" target=\"_blank\" rel=\"noopener noreferrer\"> Mail &amp; Guardian<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>8<\/sup> (2018). \u2018The world bank in South Africa\u2019. Retrieved from <a href=\"https:\/\/www.worldbank.org\/en\/country\/southafrica\/overview\" target=\"_blank\" rel=\"noopener noreferrer\"> The World Bank<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>9<\/sup> Beja, P. (Jun, 2017). \u2018The state of property development in South Africa\u2019. Retrieved from <a href=\"https:\/\/mg.co.za\/article\/2017-06-30-00-the-state-of-property-development-in-south-africa\" target=\"_blank\" rel=\"noopener noreferrer\"> Mail &amp; Guardian<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>10<\/sup> Beja, P. (Jun, 2017). \u2018The state of property development in South Africa\u2019. Retrieved from <a href=\"https:\/\/mg.co.za\/article\/2017-06-30-00-the-state-of-property-development-in-south-africa\" target=\"_blank\" rel=\"noopener noreferrer\"> Mail &amp; Guardian<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>11<\/sup> Muller, J. (Jun, 2018). \u2018Township mall developer Jason McCormick\u2019. Retrieved from <a href=\"https:\/\/www.businesslive.co.za\/fm\/fm-fox\/2018-06-21-profile-jason-mccormicks-malls-for-all-mantra-pays-off\/\" target=\"_blank\" rel=\"noopener noreferrer\"> Business Live<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>12<\/sup> Yardney, M. (Dec, 2018). \u2018How to get started in property development.\u2019 Retrieved from <a href=\"https:\/\/propertyupdate.com.au\/how-to-get-started-in-property-development-article\/\" target=\"_blank\" rel=\"noopener noreferrer\"> Property Update<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>13<\/sup> LeMarco, N. (Jun, 2018). \u2018How to become a successful real estate developer\u2019. Retrieved from <a href=\"https:\/\/smallbusiness.chron.com\/become-successful-real-estate-developer-22502.html\" target=\"_blank\" rel=\"noopener noreferrer\"> Small Business<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>14<\/sup> Mansur, N. (Jan, 2018). \u2018Real estate developer: what does it take to become one\u2019. Retrieved from <a href=\"https:\/\/www.mashvisor.com\/blog\/real-estate-developer-become\/\" target=\"_blank\" rel=\"noopener noreferrer\"> Mashivisor<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>15<\/sup> Yardney, M. (Dec, 2018). \u2018How to get started in property development\u2019. Retrieved from <a href=\"https:\/\/propertyupdate.com.au\/how-to-get-started-in-property-development-article\/\" target=\"_blank\" rel=\"noopener noreferrer\"> Property Update<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>16<\/sup> Blanton, B. (Jan, 2017). \u20188 tips on becoming a successful real estate developer\u2019. Retrieved from <a href=\"https:\/\/www.homes.com\/blog\/2017\/01\/8-tips-becoming-successful-real-estate-developer\/\" target=\"_blank\" rel=\"noopener noreferrer\"> Homes<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>17<\/sup> Blanton, B. (Jan, 2017). \u20188 tips on becoming a successful real estate developer\u2019. Retrieved from <a href=\"https:\/\/www.homes.com\/blog\/2017\/01\/8-tips-becoming-successful-real-estate-developer\/\" target=\"_blank\" rel=\"noopener noreferrer\"> Homes<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>18<\/sup> (May, 2018). \u2018How to start a property development business\u2019. Retrieved from <a href=\"https:\/\/www.entrepreneurmag.co.za\/ask-entrepreneur\/start-up-industry-specific-ask-entrepreneur\/how-do-i-start-a-property-development-business\/\" target=\"_blank\" rel=\"noopener noreferrer\"> Entrepreneur Mag<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>19<\/sup> Blanton, B. (Jan, 2017). \u20188 tips on becoming a successful real estate developer\u2019. Retrieved from <a href=\"https:\/\/www.homes.com\/blog\/2017\/01\/8-tips-becoming-successful-real-estate-developer\/\" target=\"_blank\" rel=\"noopener noreferrer\"> Homes<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>20<\/sup> (May, 2018). \u2018How to start a property development business\u2019. Retrieved from <a href=\"https:\/\/www.entrepreneurmag.co.za\/ask-entrepreneur\/start-up-industry-specific-ask-entrepreneur\/how-do-i-start-a-property-development-business\/\" target=\"_blank\" rel=\"noopener noreferrer\"> Entrepreneur Mag<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>21<\/sup> (May, 2018). \u2018How to start a property development business\u2019. Retrieved from <a href=\"https:\/\/www.entrepreneurmag.co.za\/ask-entrepreneur\/start-up-industry-specific-ask-entrepreneur\/how-do-i-start-a-property-development-business\/\" target=\"_blank\" rel=\"noopener noreferrer\"> Entrepreneur Mag<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>22<\/sup> (Feb, 2018). \u2018How to buy investment property with no money down\u2019. Retrieved from <a href=\"https:\/\/svngll.com\/buy-investment-property-no-money\/\" target=\"_blank\" rel=\"noopener noreferrer\"> SVN<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>23<\/sup> Gleeson, P. (Sep, 2017). \u2018How to borrow money to become a property developer\u2019. Retrieved from <a href=\"https:\/\/smallbusiness.chron.com\/borrow-money-become-property-developer-46606.html\" target=\"_blank\" rel=\"noopener noreferrer\"> Small Business<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>24<\/sup> Esajian, J. (Nd). \u2018How to invest in real estate with no money\u2019. Retrieved from <a href=\"https:\/\/www.fortunebuilders.com\/how-to-invest-in-real-estate-with-no-money-down\/\" target=\"_blank\" rel=\"noopener noreferrer\"> Fortune Builders<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>25<\/sup> (Nd). \u2018Government funding\u2019. Retrieved from <a href=\"https:\/\/www.entrepreneurmag.co.za\/category\/advice\/funding\/government-funding-funding\/\" target=\"_blank\" rel=\"noopener noreferrer\"> Entrepreneur Mag<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>26<\/sup> (Feb, 2018). \u2018How to buy investment property with no money down\u2019. Retrieved from <a href=\"https:\/\/svngll.com\/buy-investment-property-no-money\/\" target=\"_blank\" rel=\"noopener noreferrer\"> SVN<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>27<\/sup> Base, D. (Dec, 2018). \u2018Do you have what it takes to be a property developer?\u2019. Retrieved from <a href=\"https:\/\/www.money.co.uk\/guides\/do-you-have-what-it-takes-to-be-a-property-developer.htm\" target=\"_blank\" rel=\"noopener noreferrer\"> Money<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>28<\/sup> (Feb, 2018). \u2018How to buy investment property with no money down\u2019. Retrieved from <a href=\"https:\/\/svngll.com\/buy-investment-property-no-money\/\" target=\"_blank\" rel=\"noopener noreferrer\"> SVN<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>29<\/sup> Santarelli, M. (Apr, 2018). \u20188 proven ways to invest in real estate with no money\u2019. Retrieved from <a href=\"http:\/\/www.noradarealestate.com\/blog\/invest-in-real-estate-with-no-money\/\" target=\"_blank\" rel=\"noopener noreferrer\"> Norada Real Estate Investments<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>30<\/sup> Amolsch, K. (Nov, 2018). \u2018Closing on your deal when the bank says no\u2019. Retrieved from <a href=\"https:\/\/www.forbes.com\/sites\/forbesrealestatecouncil\/2018\/11\/01\/closing-on-your-deal-when-the-bank-says-no\/#32faef2c3559\" target=\"_blank\" rel=\"noopener noreferrer\"> Forbes<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>31<\/sup> (Feb, 2018). \u2018How to buy investment property with no money down\u2019. Retrieved from <a href=\"https:\/\/svngll.com\/buy-investment-property-no-money\/\" target=\"_blank\" rel=\"noopener noreferrer\"> SVN<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>32<\/sup> Santarelli, M. (Apr, 2018). \u20188 proven ways to invest in real estate with no money\u2019. Retrieved from <a href=\"http:\/\/www.noradarealestate.com\/blog\/invest-in-real-estate-with-no-money\/\" target=\"_blank\" rel=\"noopener noreferrer\"> Norada Real Estate Investments<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>33<\/sup> Robinson,R, Spenser, L and Simons, E. (Jan, 2017). \u2018Which green office building features do tenants pay for? A study of observed rental effects\u2019. Retrieved from <a href=\"https:\/\/www.researchgate.net\/publication\/311666753_Which_Green_Office_Building_Features_Do_Tenants_Pay_for_A_Study_of_Observed_Rental_Effects\" target=\"_blank\" rel=\"noopener noreferrer\"> Research Gate<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>34<\/sup> Aholt, H. et al. (2018). \u2018Real estate predictions 2018\u2019. Retrieved from <a href=\"https:\/\/www2.deloitte.com\/mk\/en\/pages\/real-estate\/articles\/gx-real-estate-predictions-2018.html\" target=\"_blank\" rel=\"noopener noreferrer\"> Deloitte<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>35<\/sup> Aholt, H. et al. (2018). \u2018Real estate predictions 2018\u2019. Retrieved from <a href=\"https:\/\/www2.deloitte.com\/mk\/en\/pages\/real-estate\/articles\/gx-real-estate-predictions-2018.html\" target=\"_blank\" rel=\"noopener noreferrer\"> Deloitte<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>36<\/sup> Aseftei, M. (Oct, 2018). \u2018Getting ahead of the market: how big data is transforming real estate\u2019. Retrieved from <a href=\"https:\/\/www.mckinsey.com\/industries\/capital-projects-and-infrastructure\/our-insights\/getting-ahead-of-the-market-how-big-data-is-transforming-real-estate.\" target=\"_blank\" rel=\"noopener noreferrer\"> McKinsey<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>37<\/sup> Lewis, G. and Hughes, C. (2018). \u2018Emerging trends in real estate. The global outlook 2018\u2019. Retrieved from <a href=\"https:\/\/www.pwc.com\/gx\/en\/industries\/financial-services\/asset-management\/emerging-trends-real-estate\/global-outlook-2018.html\" target=\"_blank\" rel=\"noopener noreferrer\"> PWC<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>38<\/sup> Beja, P. (Jun, 2017). \u2018The state of property development in South Africa\u2019. Retrieved from <a href=\"https:\/\/mg.co.za\/article\/2017-06-30-00-the-state-of-property-development-in-south-africa\" target=\"_blank\" rel=\"noopener noreferrer\"> Mail &amp; Guardian<\/a>.<\/li>\n\n<li class=\"mb-4\"><sup>39<\/sup> Lewis, G. and Hughes, C. (2018). \u2018Emerging trends in real estate. The global outlook 2018\u2019. Retrieved from <a href=\"https:\/\/www.pwc.com\/gx\/en\/industries\/financial-services\/asset-management\/emerging-trends-real-estate\/global-outlook-2018.html\" target=\"_blank\" rel=\"noopener noreferrer\"> PWC<\/a>.<\/li>\n\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>If you are interested in becoming a property developer, you are entering an ever-evolving industry according to PWC\u2019s Global Emerging Trends in Real Estate 2018 report. According to a European investment manager within this report, \u201cReal estate has always evolved. It serves a need in society for people to occupy space, and of course those [&hellip;]<\/p>\n","protected":false},"author":74,"featured_media":40231,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[136],"article-format":[],"class_list":["post-25344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-career-advice","tag-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How to Start And Fund Property Development | GetSmarter Blog<\/title>\n<meta name=\"description\" content=\"Interested in becoming a property developer? 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