Success
The tool you need for success
The success of a real estate development project depends heavily on early financial planning, specifically your pro forma. Without a crystal ball, the best tool for ensuring success is one that allows you to break down expenses and revenues, create a cash flow statement, and perform sensitivity analysis. This tool is essential throughout the lifecycle of your project.
- During land acquisition: to determine the land value
- During the development phase: to negotiate with the municipality, navigate government requirements, and assess the cost of community demands
- During the construction: to report to investors, cost control, and manage risk
Conqure
Pro-Forma Challenges
Do you know the unit cost for each cost item? If you have more than one components (e.g. residential rental, residential strata, commercial-office, etc.), how much profit or loss each component is contributing to yoru project? Do you need a tool to manage risk at every step of your project? Subscribe to have control over your project without needing any prior training and to take the stress out of project management
Fund
Create Credible Pro-Forma
Investors and lenders are trusting your expertise and judgement. Your credibility cannot hinge on back-of-the-envelope analysis or error-prone spreadsheets. You don't need to be a financial analyst to build a building, large or small. With our tool, you should be able to run a financial pro forma in minutes. You don't need an MBA, six weeks of training, two degrees, or loads of financial jargon. All you need is a simple, fast, and reliable tool to bring your vision to life. We've created Develuppers.com to produce reports, graphs, tables, and charts that showcase your project to banks, LP investors, and other financiers.
Negotiate
Navigate the negotiation
Whether you are negotiating with the seller, the neighbors, or the municipality, a successful negotiation is not about getting your way, bargaining to the last penny, or playing hardball. It's about coming up with a scenario that works for everyone, a win-win situation. So, pick your battles. By knowing your risk factors, budget, KPIs, and market, you'll be able to navigate the negotiation. That's the concept. And we've created the right tool to help you do just that in your real estate development journey.
Control
Be In Control of Your Project
Orchestrating a group of people and multiple stakeholders can be a daunting task. By updating your budget to reflect the changing dynamics of the market, you can control where to spend, how late performance could hurt your project, when to intervene, and how to deliver a successful project. Our tool gives you the ability to run multiple pro formas and budgets for the same project to compare and make changes based on dynamic market conditions.