Property Developer Podcast

23 – How a building surveyor adds value to a property development project


Listen Later

A good building surveyor will play an important role in the construction of your property development project. While they do play an important compliance and certification role, they can also add value along the way that can help reduce costs, avoid delays and deliver a better quality product.
So I speak with experienced building surveyor Peter Eyers from Reddo Building Surveyors about their role in a development project.
I haven’t had much direct contact with the Building Surveyor on our project, however I know the builder and architect have had regular dealings with him. And I have come to understand that the building surveyor doesn’t just have to play a compliance and certification role but can help solve problems.
In this conversation with Peter, we talk about why a building surveyor is important, what role they play in a development project and how you can get the most from your building surveyor.
Property Development Training
If you are interested in learning the fundamentals of property development, in your own time and at your own pace, then be sure to head over to www.propertydevelopertraining.com and take a look. I take you step by step through the development process so you know exactly what is needed to find a site, run a feasibility and complete a small scale property development, be that a duplex or 3 or 4 unit site. The training includes a bonus program called Taking It To The Next Level for people who may want to go into developing full-time, along with another bonus course called Raising Capital which covers how to raise money for your projects.
So head over to propertydevelopertraining.com and take a look... I would love to see you on the inside...
Property Developer Quiz
Keen to find out how ready you might be to become a developer? Then take the Property Developer Quiz (https://www.propertydevelopertraining.com/quiz) and get a sense of where you are at…
Become a Million Dollar Property Developer
Grab my book Become a Million Dollar Property Developer about my journey into property development. This book is ideal for anyone who intends to get into small-scale property development and wants an insider’s guide to successfully obtaining wealth, fulfilment, and glory.
In this book, Justin will share how he succeeded in delivering a 20-townhouse project on his first property development project and what he learned along the way.
Many people have a dream of becoming a property developer. They aspire to build properties, grow portfolios, and amass great wealth. However, many people often struggle with making the leap into property development.
This book has the answers for how you can make the leap into property development. Grab your copy now.
Social Connection
Property Developer Podcast Facebook – https://www.facebook.com/propertydeveloperpodcastProperty Developer Podcast Instagram – https://www.instagram.com/property_developer_podcast/Property Developer Podcast LinkedIn – https://www.linkedin.com/company/property-developer-podcast
Tips for Real Estate Developers
I certainly learnt that the building surveyor has quite an important role to play in your development project, and here’s the lessons I took from my conversation with Peter:
1. Talk to your building surveyor about ways they may be able to help you
This is something I didn’t do at the start of the project, but next time I will be having a conversation early about how the building surveyor can add value to the project, or ways they can be involved in the development process. I think a good surveyor will be able to add suggestions along the way that will help reduce cost and improve the result you get.
2. Make sure to use the right surveyor 
As Peter said, ensure you engage a building surveyor who has experience in your type of project. You want someone who has lots of experience looking over the types of product or construction techniques that you are using for your build, so that they know what to look out for or be able to provide advice and ideas on ways to improve things or problems to avoid.
3. Don’t skimp on your consultants
Always try and hire the best people you can for the job, it can be tempting to go for the lowest cost option, especially for something that you may not perceive as directly adding value to your product, but the wrong hydraulic option or structural solution can easily increase cost and complexity to a build.
Okay, so that’s it for this episode. Thanks again to Peter Eyers from Reddo Building Surveyors for sharing his knowledge and insights into the role of the building surveyor. I certainly enjoyed speaking with him.
You can catch me on Instagram @propertydeveloperpodcast (https://www.instagram.com/property_developer_podcast/) for my development pictures and videos, otherwise I am occasionally on Facebook (https://www.facebook.com/propertydeveloperpodcast) and Twitter (https://twitter.com/@PropDevPodcast).
So, until next time, may all your building inspections get signed off…
Links
Redo Building Surveyors - http://reddo.com.au
Justin's latest project pics
...more
View all episodesView all episodes
Download on the App Store

Property Developer PodcastBy Justin Gehde

  • 4.4
  • 4.4
  • 4.4
  • 4.4
  • 4.4

4.4

7 ratings


More shows like Property Developer Podcast

View all
The Mentor with Mark Bouris by Mentored.com.au

The Mentor with Mark Bouris

33 Listeners

The Property Couch by Bryce Holdaway & Ben Kingsley

The Property Couch

63 Listeners

Property Investment Podcast Network by Momentum Media

Property Investment Podcast Network

22 Listeners

Founders by David Senra

Founders

2,171 Listeners

Property Development Podcast Show by Chris Reed: Certified Practicing Accountant (CPA), FPS and SMSF Specialist Advisor, Director of Business Concepts Group

Property Development Podcast Show

1 Listeners

Investopoly by Stuart Wemyss & Campbell Wallace

Investopoly

17 Listeners

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast by Michael Yardney; Australia's authority in wealth creation thru property

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

27 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

65 Listeners

The Elephant In The Room Property Podcast | Inside Australian Real Estate by Chris Bates

The Elephant In The Room Property Podcast | Inside Australian Real Estate

12 Listeners

My First Million by Hubspot Media

My First Million

2,680 Listeners

The Iced Coffee Hour by Graham Stephan/Jack Selby

The Iced Coffee Hour

805 Listeners

Straight Talk with Mark Bouris by Mentored.com.au

Straight Talk with Mark Bouris

242 Listeners

How I Made It by The Australian Financial Review

How I Made It

7 Listeners

Scouting Australia Podcast by Australian Property Scout

Scouting Australia Podcast

9 Listeners

UNEMPLOYABLE by Unemployable Media

UNEMPLOYABLE

16 Listeners