The second episode of Property Forum's Chat Show Podcast is a Property Development Special, covering auction property, land development, and conversion projects.
Property Developers are used to making decisions based on a calculated risk. But in the current Covid-19 crisis, how should you proceed when buying a property at auction, or if you are part-way through a land purchase, or if you’ve spotted a great property development opportunity? Is now the time to hold back, take more precautions, or to drive forward with new opportunities? This podcast episode offers help, advice, and guidance from two seasoned developers, Nicholas Wallwork (Property Forum's CEO, International 'For Dummies' book author and multi-millionaire property developer) and John Howard (accomplished property developer with 4 decades experience, Director of numerous successful property companies, author, event speaker, and mentor).
This episode covers the following topics:
• What property development strategies are more robust in today’s uncertain market?
• What development opportunities are likely to be available in the next 6-12 months?
• How do you spot a solid commercial investment at this time?
• If you are considering buying a plot of land to develop, should you continue with that purchase?
• If you’ve already purchased land or a building, should you start development work now, or should you wait? Equally, if you’ve already started development, should you hold off finishing the project?
• Is now the time to buy an auction property? What will the auction property market look like in the next 6-12 months?
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