Property Developer Podcast

Understanding the rhythm and cycle of the property market is obviously extremely beneficial to property developers so you can plan the best time to deliver projects and maximise profits. Being aware of when the market is likely to boom or go bust can help you ride out the cycles and endure over the long term.

Today’s guest is Phillip Anderson from Property Sharemarket Economics. Phil is the author of the book The Secret Life of Real Estate and Banking, an investment analyst and an investor. Phil’s book outlines a seemingly recurring economic cycle that takes around 18 years to complete and has a major impact on the property market.

Understanding the rhythm and cycle of the market is obviously extremely beneficial to property developers so I wanted to have this conversation to help you with your investing and developing. I think there are some great insights from Phil’s work and I wanted to have this conversation to help you with your investing and developing.

We discuss:

- the 18 year real estate cycle and how it affects property developers

- Phil’s thoughts on where we are in the cycle and what’s coming in the next few years; and

- how to get set to maximise the potential opportunities that may be on the horizon.

I really enjoyed speaking with Phil and I hope it sparks some interest and curiosity. I will preface it by saying nothing in this conversation is financial advice, you need to do your own research and investigation before making any investment decisions.

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 bonus programs called Raising Capital (learn the essentials around raising cash) and Taking it to the Next Level for people who may want to go into developing full-time.

So head over to propertydevelopertraining.com and take a look... I would love to see you on the inside...

Take the 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…

Discover the secrets of 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

Youtube - catch up on all the episodes and my property project updates - https://www.youtube.com/@propertydeveloperpodcast196

Facebook - see what's happening on site, what I'm up to and more on Facebook – https://www.facebook.com/propertydeveloperpodcast

Instagram - check out my short videos about developing and my latest site updates on Instagram – https://www.instagram.com/property_developer_podcast/

LinkedIn - connect with me on LinkedIn – https://www.linkedin.com/company/property-developer-podcast

Link

Property Sharemarket Economics - https://propertysharemarketeconomics.com

The impact of rising construction costs and increasing interest rates has been acutely felt across the development industry and economy more broadly. Managing these costs has been top of the list for many property developers.

In this episode we speak with regular guest Dan Holden from Holden Capital about the state of the lending market and what's ahead for the next 12 months. We cover how construction delays have been affecting projects, the impact of rising costs and how lenders are responding.

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 bonus programs called Raising Capital (learn the essentials around raising cash) and Taking it to the Next Level for people who may want to go into developing full-time.

So head over to propertydevelopertraining.com and take a look... I would love to see you on the inside...

Take the 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…

Discover the secrets of 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

Catch up on all the episodes and my property project updates on Youtube - https://www.youtube.com/@propertydeveloperpodcast196

See what's happening on site, what I'm up to and more on Facebook – https://www.facebook.com/propertydeveloperpodcast

Check out my short videos about developing and my latest site updates on Instagram – https://www.instagram.com/property_developer_podcast/

Connect with me on LinkedIn – https://www.linkedin.com/company/property-developer-podcast

Link

Holden Capital - https://www.holdencapital.com.au

Does working in a property-related trade mean you can easily transition into the world of property developer? Just because you understand one small part of a development project doesn’t automatically mean you can run a development project, but it can certainly help.

My guest on this episode is Mark Lovett from Liquid Silver Developments. Mark has a long and storied career doing small to medium scale development projects, starting out as a plasterer before moving into property investing. He then decided to try his hand at property developing and purchased his first site with absolutely no idea of what he was doing, and later found out there was an underground stream running through the site.

We have a great conversation covering things like:

- Understanding your risk appetite and how that will effect your decision making

- How his initial due diligence evolved from doing nothing

- What he has done throughout his career that has helped him succeed.

Link - Liquid Silver Developments - https://www.liquidsilverdevelopments.com.au/

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 bonus programs called Raising Capital (learn the essentials around raising cash) and Taking it to the Next Level for people who may want to go into developing full-time.

So head over to propertydevelopertraining.com and take a look... I would love to see you on the inside...

Take the 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…

Discover the secrets of 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

Catch up on all the episodes and my property project updates on Youtube - https://www.youtube.com/@propertydeveloperpodcast196

See what's happening on site, what I'm up to and more on Facebook – https://www.facebook.com/propertydeveloperpodcast

Check out my short videos about developing and my latest site updates on Instagram – https://www.instagram.com/property_developer_podcast/

Connect with me on LinkedIn – https://www.linkedin.com/company/property-developer-podcast

Working on luxury projects is often a dream for many people who get involved with property developing, moving from renovations and entry level projects to something more challenging and high-end.

Justin O'Donnell from Cielo Property Group has followed this path and started out with small projects before evolving into luxury townhouses and apartment projects.

Along the way he has faced many challenges, and he shares how he overcame them and some of lessons learned including the benefits of growing slowly, responding to the challenges of construction by taking on the building risk, and the perennial issue of obtaining permits from councils.

Listen in for why Justin decided to target the luxury end of the residential market and how it differs from other parts of the property sector.

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 bonus programs called Raising Capital (learn the essentials around raising cash) and Taking it to the Next Level for people who may want to go into developing full-time.

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 Youtube - https://www.youtube.com/@propertydeveloperpodcast196

Property Developer Podcast Facebook – https://www.facebook.com/propertydeveloperpodcast

Property Developer Podcast Instagram – https://www.instagram.com/property_developer_podcast/

Property Developer Podcast LinkedIn – https://www.linkedin.com/company/property-developer-podcast

Link

Cielo Property Group - https://www.cielogroup.com.au

There are many skills from other industries and careers that can translate well to property development. After all, delivering a property development project is really about working with people, solving problems and managing a budget, so making the move from management consultant to property developer might not be as crazy as it sounds.

Leonie Akhidenor from View Bank Homes did make the switch from being a successful management consultant to taking up a role in the family property business, something she swore would never happen. Leonie is now a second generation property developer who has stepped into the family’s building and developing business. She is deeply involved with all aspects of projects and brings her strategy and processes training to the table to ensure efficiency and effectiveness in all aspects of the business.

In this discussion we cover:

- how Leonie went from management consultant to property developer

- the challenges their projects have faced over the past few years

- and how more women can get involved with property developing

Keep a close ear out for how Leonie transformed the family business using her management consulting skills to provide greater insights and control over projects.

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 bonus programs called Raising Capital (learn the essentials around raising cash) and Taking it to the Next Level for people who may want to go into developing full-time.

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 Youtube - https://www.youtube.com/@propertydeveloperpodcast196

Property Developer Podcast Facebook – https://www.facebook.com/propertydeveloperpodcast

Property Developer Podcast Instagram – https://www.instagram.com/property_developer_podcast/

Property Developer Podcast LinkedIn – https://www.linkedin.com/company/property-developer-podcast

Link

Viewbank Homes - https://viewbankhomes.com.au/

Success in property developing is about supplying the right product in the right place at the right time. But how do you figure all that out? Legendary market analyst John Lindeman has been helping property investors make informed decisions about where to find the next hot spot and what stock is in demand.

John’s accuracy in predicting the nature and direction of housing markets is legendary. So it is awesome to have him with us today. In this discussion we cover:

- What's happening across the major Australian property markets

- where are the opportunities for property developers

- and what John has learned from observing Australia's property markets for many decades

Keep a close ear out for the type of properties that John thinks has the greatest demand and presents immediate opportunity for smart developers.

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 bonus programs called Raising Capital (learn the essentials around raising cash) and Taking it to the Next Level for people who may want to go into developing full-time.

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 Youtube - https://www.youtube.com/@propertydeveloperpodcast196

Property Developer Podcast Facebook – https://www.facebook.com/propertydeveloperpodcast

Property Developer Podcast Instagram – https://www.instagram.com/property_developer_podcast/

Property Developer Podcast LinkedIn – https://www.linkedin.com/company/property-developer-podcastLinks

Link

Lindeman Reports - https://lindemanreports.com.au

Episode Summary

Get ready to dive into the fascinating world of the Australian property market with none other than property expert John Lindeman! In this engaging conversation, Lindeman shares his valuable insights, tips, and experiences that will leave you buzzing with excitement. From predicting market trends with an impressive track record to debunking common myths, Lindeman's expertise shines through. Discover the potential for growth and investment opportunities, particularly in the booming downsizing sector. So, grab a cuppa, sit back, and get ready for a casual and enlightening chat about all things property!

Top 5 Topics Discussed:

The Power of Data-Driven Predictions

Busting Property Investment Myths

Successful Predictions and Growth Opportunities

The Downsizing Trend and Development Opportunities

Overcoming Challenges and Maximizing Returns

In a lively conversation with property expert John Lindeman, we delve into the intricacies of the Australian property market. From predictability to investment strategies, John shares valuable insights for investors and developers alike.

The Power of Data-Driven Predictions

Lindeman's company has developed a robust database that accurately tracks property market trends. With over 12 years of data, their predictions boast an impressive 90% accuracy rate in both price growth direction and intensity. By analyzing market indicators, they can identify the demand for specific property types, such as downsizing options, allowing investors to make informed decisions.

Busting Property Investment Myths

One prevailing myth Lindeman challenges is the "buy and hold" strategy. Instead, he advocates for timing the market, capitalizing on short periods of high growth. By buying just before a boom and selling when growth plateaus, investors can outperform the average market growth. Another common misconception is the notion of emotional decision-making. Lindeman advises investors to use their heads, not their hearts, ensuring properties are chosen based on objective criteria rather than personal attachment.

Successful Predictions and Growth Opportunities

Lindeman shares real-life examples of his accurate predictions, including the property boom in Hobart and Perth. His analysis helped investors seize timely opportunities and achieve significant returns on investment. To further assist investors, Lindeman's company provides comprehensive reports that highlight growth potential and recommend property types for development. Their "What to Build or Renovate To" report helps developers identify the most lucrative opportunities in specific areas.

The Downsizing Trend and Development Opportunities

A prominent trend in the Australian property market is downsizing. Lindeman points out that as retirees seek to minimize expenses and manage their budgets, the demand for smaller properties increases. Developers can tap into this market by focusing on creating downsizing options that cater to retirees' needs. One approach is designing townhouses with a ground-floor bedroom and living areas, allowing older residents to navigate the space with ease.

Overcoming Challenges and Maximizing Returns

While downsizing presents lucrative opportunities, developers face challenges due to zoning regulations and planning constraints. Lindeman highlights the need for local governments to adapt to the growing demand and facilitate suitable options for retirees. As developers seek innovative solutions, the potential for micro units and tailored downsizing communities emerges. These developments can not only meet the market demand but also create a sense of community for retirees.

Building wealth through property is a tried and tested method, with some investors succeeding in creating portfolios of strong assets that generate substantial cashflows. Julian Carlo-Stella shares how he is going about generating wealth through property development.

Property in Australia has broadly performed well over time and has enabled some people to generate wealth and income. Developing new properties can be a great way of leveraging skills and creating assets at cost price rather than buying at retail and really help to accelerate wealth accumulation.

Julian Carlo- Stella is implementing a strategy to create wealth through a number of colourful commercial property development projects that have yielded great lessons beyond financial results. Listen as he tells the story about he planned on going to court to get a permit on his very first project.

In this discussion we cover:

- how Julian started out wanting to be an architect before moving into construction management

- when he realised he wanted to be a property developer

- how he is creating wealth through asset accumulation

- why he focuses on commercial assets

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 bonus programs called Raising Capital (learn the essentials around raising cash) and Taking it to the Next Level for people who may want to go into developing full-time.

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 Youtube - https://www.youtube.com/@propertydeveloperpodcast196

Property Developer Podcast Facebook – https://www.facebook.com/propertydeveloperpodcast

Property Developer Podcast Instagram – https://www.instagram.com/property_developer_podcast/

Property Developer Podcast LinkedIn – https://www.linkedin.com/company/property-developer-podcast

Link

Whitestone - https://whitestoneaustralia.com.au/

Episode Summary

In this episode of the Property Developer Podcast, we explore the topic of leveraging property development for wealth creation and cashflow. Our guest, Julian Carlo-Stella is an experienced property developer who shares his insights and strategies for maximizing returns on investment in the property development industry.

Introduction to Wealth Creation and Cashflow in Property Development

The episode kicks off by emphasizing the importance of having a clear vision and long-term strategy when it comes to property development. Successful property developers approach their projects with a big-picture mindset and a deep understanding of market dynamics. Thorough research and due diligence are crucial for identifying profitable opportunities and minimizing risks.

Strategies for Wealth Creation

We delve into various strategies that property developers can employ to create wealth. It explores subdivision, renovation, and property flipping as popular approaches in the industry. Through real-world examples and case studies, listeners gain insights into the benefits and risks associated with each strategy. The episode highlights the importance of adapting strategies to market trends and maximizing returns on investment.

Financial Considerations

Financing plays a vital role in property development, and the episode explores different financing options available to property developers. It discusses traditional bank loans, private funding, and joint ventures as potential avenues for obtaining capital. Listeners gain valuable insights into creating a strong financial plan, managing risks effectively, and understanding the potential returns and costs involved in a development project. Evaluating the financial feasibility of a project and ensuring its long-term profitability are essential aspects covered in this segment.

Building a Reliable Team

The episode emphasizes the significance of building a reliable team in property development. Collaboration and delegation are crucial for success in this industry. Property developers need to surround themselves with professionals who possess the necessary expertise, such as architects, builders, and financiers. Establishing strong relationships and effective communication with team members are key factors in driving successful projects and maximizing wealth creation.

Mindset and Personal Growth

The episode concludes by highlighting the importance of mindset and personal growth in the property development journey. Property developers need to cultivate a growth mindset, adapt to changes, and continuously learn and improve. The industry is dynamic, and staying informed about market trends and industry developments is essential for long-term success. By investing in personal growth and staying open to new opportunities, property developers can leverage property development as a pathway to wealth creation and financial stability.

Making the transition to full time property developer is an aspiration for many people that get involved with small scale developments, but how do you make the leap across the chasm? We find out from developer Nolan Keenan about how he did it.

Nolan is from Aveline Property and has gone from starting out as a real estate agent before working in IT and then recently becoming a full time property developer. Nolan shares his story of progressing from a simple splitter project to now managing multiple medium density projects and setting his sights on going to even higher levels.

In this conversation we cover why he decided to do his first project in another state, how planning and COVID delayed his next project, and a great discussion about how you can transition into becoming a full time property developer.

Be sure to listen out for Nolan’s one key thing to understand before you jump into developing full time.

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 bonus programs called Raising Capital (learn the essentials around raising cash) and Taking it to the Next Level for people who may want to go into developing full-time.

So head over to propertydevelopertraining.com and take a look... I would love to see you on the inside...

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.

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…

Social Connection

Property Developer Podcast Facebook – https://www.facebook.com/propertydeveloperpodcast

Property Developer Podcast Instagram – https://www.instagram.com/property_developer_podcast/

Property Developer Podcast LinkedIn – https://www.linkedin.com/company/property-developer-podcastLinks

Links

Aveline Property - https://avelineproperty.com

Show Summary

In the 101st episode of the Property Developer Podcast, host Justin Gehde explores the journey of transitioning from a small-scale property development project to becoming a full-time property developer. The episode features an insightful interview with a successful property developer Nolan Keenan who shares his personal experience, challenges, and strategies for making the leap from part-time to full-time property development.

Building a Solid Foundation

Understand the Market: Gain a deep understanding of the property market, including trends, demand, and opportunities.

Master Regulations: Familiarize yourself with the legal and regulatory frameworks governing property development.

Start with Small Projects: Begin with smaller-scale projects to gain experience and learn essential skills.

Strategic Planning and Goal-Setting

Set Clear Objectives: Define your short-term and long-term goals to stay focused and make informed decisions.

Create a Business Plan: Develop a comprehensive plan that outlines your target market, funding sources, and growth strategies.

Plan for Growth: Identify new markets, diversify your project types, and consider partnerships to expand your portfolio.

Financial Readiness

Build a Financial Buffer: Ensure you have enough savings to cover living expenses during the initial stages.

Cultivate Relationships: Connect with lenders, investors, and financial institutions to access capital for future projects.

Building a Strong Network

Network with Professionals: Establish connections with architects, contractors, agents, and property managers for collaboration and opportunities.

Seek Mentors and Peers: Learn from experienced mentors and engage with fellow developers to gain guidance and support.

Managing Risks and Embracing Challenges

Conduct Thorough Due Diligence: Research the market, assess feasibility, evaluate financial risks, and make informed decisions.

Prepare Contingency Plans: Have backup strategies in place to mitigate unforeseen challenges and adapt to changing circumstances.

By following these simplified points, aspiring property developers can lay a solid foundation, strategically plan their growth, ensure financial readiness, build a strong network, and effectively manage risks and challenges in their journey towards becoming full-time property developers.

Property development has some inherent risks, like any business venture, and understanding what they are and how they can be mitigated is crucial to ensuring the success of any project.

Ron Forlee is a real legend in Australian property development circles. Ron will be a name known to many listeners of the show having written a number of books on developing property in Australia including Australian Residential Property Development, An intelligent guide to Australian Property Development and Australian Residential Property Development for Investors. No doubt you have some of those books in your collection. So I was very excited to be able to speak with Ron for my 100th episode.

Ron is a trained architect who applied his training to tackle property development projects first in South Africa and then in Australia. Following his decades of experience he then transferred his lessons and knowledge into books.

I am sure you will enjoy getting to know the man behind the name as we discuss his favorite projects, what he learned from his very first development and the many lessons he has picked up along the way.

 

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.

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/propertydeveloperpodcast

Property Developer Podcast Instagram – https://www.instagram.com/property_developer_podcast/

Property Developer Podcast LinkedIn – https://www.linkedin.com/company/property-developer-podcastLinks

Links

AYR International - www.ayr.international

Episode Summary

In this episode of the Property Developer Podcast, host Justin Gehde speaks with Ron Forlee, a property developer and founder of AYR International. The episode focuses on understanding risk and opportunity in property development, and how to effectively manage both aspects to maximize profitability.

The conversation begins with Ron sharing his background in property development and how he got started in the industry. He explains that his approach to development has always been centered around mitigating risk and finding opportunities, which has allowed him to successfully navigate the ups and downs of the market over the years.

Risk in property development

Justin and Ron then discuss the concept of risk in property development, and how it can be managed to minimize potential losses. Ron emphasizes the importance of doing thorough due diligence before making any investment decisions, including researching market trends, analyzing financials, and conducting feasibility studies.

Capitalise on opportunities

The conversation then shifts to the topic of opportunity, and how developers can identify and capitalize on potential opportunities in the market. Ron stresses the importance of being flexible and adaptable, and not being afraid to pivot when the market changes. He also emphasizes the importance of being proactive and always looking for ways to add value to a project, such as through innovative design or strategic partnerships.

Development risk with different asset classes

The conversation then delves into the specific risks and opportunities associated with different types of property development, including residential, commercial, and mixed-use projects. Ron explains that residential development tends to be more stable and predictable, with less risk but also less potential for high returns. On the other hand, commercial development can offer higher returns but comes with higher risk due to factors such as market fluctuations and tenant turnover. Mixed-use development, which combines both residential and commercial components, can offer a balance between stability and potential for high returns, but requires a more complex management approach.

Benefit of a strong team 

Justin and Ron also discuss the importance of building a strong team to help manage risk and identify opportunities in property development. Ron stresses the importance of hiring experienced professionals, such as architects, engineers, and contractors, who can provide valuable insights and help mitigate potential risks. He also emphasizes the importance of building strong relationships with lenders, investors, and other stakeholders, who can provide support and help identify potential opportunities.

Managing financial risk

The conversation then turns to the topic of financing, and how developers can effectively manage financial risk. Ron explains that developers should always have a solid understanding of their financial position, including their cash flow and debt obligations, and should have a plan in place for managing any potential financial setbacks. He also stresses the importance of building strong relationships with lenders and investors, and being transparent and proactive in communicating any potential financial risks.

Finally, the conversation ends with Ron sharing some of his top tips for effectively managing risk and identifying opportunities in property development. He emphasizes the importance of staying informed and up-to-date on market trends and regulations, building strong relationships with professionals and stakeholders, and always being willing to pivot and adapt when necessary.

Joint ventures are a great way to do more projects and reduce risk. Property development can at times be a lonely game so if you have other people to talk with about issues and solve problems it can really help take your developing to another level.

Valerie Smith from Valsco Property Group has harnessed the power of joint ventures to enable her to take on bigger projects. Valerie and her husband have travelled the well worn path from property investors and renovators to property developers. They are now focusing on some niche disability accommodation projects to provide much needed dwellings for many Australians.

In this discussion with Valerie we cover:

- How more women can get into property development

- the power of joint ventures to accelerate growth and reduce risk

- the value of focusing on a niche product for a specific group

Keep an ear out for how a shift in Valerie’s thinking around money and skills helped take her to the next level. 

Link - Valsco Property Group - http://valscopg.com.au

 

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.

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.

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Episode Summary

In this episode of the Property Developer Podcast, host Justin Gehde speaks with property developer and joint venture expert, Valerie Smith. The episode focuses on the power of joint ventures to accelerate your property development projects.

The conversation begins with Valerie sharing her background in property development and how she became involved in joint ventures. Valerie explains that joint ventures are a powerful tool for developers, allowing them to access funding, expertise, and resources that they might not have otherwise. She also stresses the importance of building strong relationships with potential joint venture partners, and being transparent and honest in all dealings.

Spread risk and maximise returns

Justin and Valerie then delve into the specific benefits of joint ventures, including the ability to spread risk and maximize returns. Valerie explains that joint ventures allow developers to pool resources and share the risk of a project, while also sharing in the potential rewards. She also emphasizes the importance of selecting the right partner for a joint venture, and ensuring that both parties have a clear understanding of their roles and responsibilities.

Managing financials risks

The conversation then turns to the topic of financing joint ventures, and how developers can effectively manage financial risk. Valerie explains that developers should have a solid understanding of their financial position and be transparent and proactive in communicating any potential financial risks to their joint venture partners. She also stresses the importance of building strong relationships with lenders and investors, and being creative in sourcing funding.

Building trust in joint ventures

Justin and Valerie also discuss the importance of trust in joint venture partnerships, and how developers can build trust with their partners. Valerie emphasizes the importance of being honest and transparent in all dealings, and building a track record of successful projects. She also stresses the importance of communication and being proactive in addressing any issues that may arise during the course of a project.

The conversation then delves into the specific challenges and opportunities associated with joint ventures in different types of property development, including residential, commercial, and mixed-use projects. Valerie explains that joint ventures can be particularly effective in mixed-use development, where partners with complementary expertise can work together to create a successful project. She also emphasizes the importance of selecting the right partner for a joint venture, and ensuring that both parties have a shared vision for the project.

The conversation ends with Valerie sharing some of her top tips for successful joint ventures in property development. She emphasizes the importance of being honest and transparent in all dealings, building strong relationships with potential partners, and always focusing on the end goal of creating a successful project.

Overall, the episode provides valuable insights into the world of joint ventures in property development, and offers practical advice for developers looking to accelerate their projects and maximize returns.