This week on the Development Ready podcast, we have Melbourne Developer and Director of Better Living Group, Dino Mazzei.

We speak to Dino about the changing face of the development industry and discuss topics such as:

• What makes a development project viable
• How to maintain longevity in the development industry
• Building for the consumer
• How to adapt and thrive in an ever-evolving development market

...plus much more.

Remember as always to like and follow us on Facebook and Instagram to see who we have on next week’s episode.

Show notes

• 01:11 - Introduction
• 01:55 - What he does and how he got started
• 03:52 - Their niche and what area(s) they work in
• 05:00 - How they evaluate a potential job and where they search for work
• 07:07 - Funding and what it’s like working with banks
• 08:53 - Obstacles faced when taking over Better Living Group
• 11:25 - What they focused on when starting out and present day
• 12:45 - Shift in market
• 14:25 - Biggest problem facing developers in today's economy
• 15:01 - Alternative lenders and funding sources
• 17:43 - Equity in deals
• 18:31 - De-risking projects with a focus on a recent project
• 22:52 - How being builders and developers gives them an edge over competitors
• 25:21 - Obstacles faced with over a long-term business
• 26:38 - Conservative model
• 28:49 - Development Philosophy
• 32:02 - Transitioning to industrial from residential development
• 32:46 - Retirement living space
• 34:33 - Areas and markets
• 37:31 - Transformative and opportune areas
• 39:11 - Vendor expectations and joint deals
• 41:47 - Opportunity to contract as builders
• 43:11 - Best advice, life or business

Links

• Better Living Group
• Mazzei Homes