In this episode of That Backyard Property Pod, host Michael sits down with Lachlan Andrew, a valuer and expert in the Perth commercial property market. They delve into the intricacies of large transactions, the differences between residential and commercial properties, and the various asset classes within the commercial space. Lachlan shares insights from his journey in property valuation and sales, touching upon the emotional and technical aspects of real estate deals. The episode also covers the impact of economic conditions on property markets, the challenges in apartment development, and the importance of building long-term relationships in the property industry.

General advice only and not personal advice. CRN 485467

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Chapters:

00:00 Introduction and Initial Thoughts

00:51 Guest Introduction and Background

01:36 Family and Personal Values

05:45 Journey into Commercial Real Estate

08:34 Understanding the Commercial Market

10:48 Challenges and Opportunities in Commercial Real Estate

13:07 Current Trends in Perth's Property Market

18:38 Investment Insights and Market Comparisons

22:58 Types of Buyers in Commercial Property

25:05 Importance of Leases in Commercial Real Estate

28:14 Memorable Transactions and Client Relationships

31:21 Residential vs. Commercial Property Investment

35:58 Current Market Trends and Opportunities

39:08 Personal and Professional Achievements

41:06 Conclusion

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Music from #Uppbeat

https://uppbeat.io/t/andrey-rossi/seize-the-day

License code: UVSF5JTJM8QUZNXZ

Produced by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Podwave Studios⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

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