With another building firm going into administration yesterday, affecting a further 120 projects, it wasn’t a great surprise to see that home-building activity was falling sharply in late 2023 as the pipeline shrunk. Apartment construction held up better. I’ve been of the opinion that anti-landlord legislation and new land taxes will stifle the supply of…
Want to get started in Property Development?
IN PROPERTY DEVELOPMENT
- The 7-Step Property Development Process
- 4 property development mistakes you must avoid
- Is now the right time to get started?
- Don’t buy or develop an investment property until you read this special report!
In this continuing series of articles, I’ll take readers on a step-by-step journey through the property development process. Today Part 19 brings us to the final instalment as I walk you through what to do with your completed project and the next steps as a property developer. For those who do choose to sell, obviously,…
Finally, your development project is finished and ready to market. You’ve done it! You pulled together an A team, secured your construction finance, found a reliable builder, navigated the local council maze to obtain development approval and finally your project is nearing completion. While some developers undertake this sometimes frustrating and undeniably challenging process to gain…
In this continuing series of articles, I’ll take readers on a step-by-step journey through the property development process. You’ve selected your site, conducted your feasibility studies, gathered a team of professional industry experts to help you navigate the sometimes rocky road of property development, made your way through the council’s bureaucratic maze of red tape…
When you buy real estate for the first time, you sometimes come across a bunch of unfamiliar terms. What’s conveyancing? What’s a pre-settlement inspection? What’s a trust account? And another term that is probably relatively unusual to new developers or investors is “easement”. So, in this article, we’ll outline what an easement on a…
The cost of building a new house in Australia has surged over the past few years as supply and trade shortages continue to weigh on the market. And at the same time, the construction industry has seen a surge in insolvencies as rising labour costs, extreme weather, high material costs and shortages and global supply…
In his continuing series of articles, I’ll explain the role of a project manager and helps you decide whether or not it is the right choice for your development project. If you are a beginning property developer I would definitely suggest that you recruit a good development/project manager as a part of your team. Even…
Have you considered getting involved in property renovations? Making a tidy profit renovating a property seems like a very attractive proposition, doesn’t it? And that’s why more real estate investors are turning their aim to renovations. You know… buying low, renovating cheaply and adding substantial value is the aim of the game. It sounds simple…
Are you interested in property development? While many properties make good homes, fewer are “investment grade” properties and even fewer are potentially profitable development sites. In a recent blog, I outlined why I choose the suburbs where I undertake developments very carefully. Now it’s time to find the “right” property in that suburb – one that could…
In this instalment of the Property Development Series, I’ll walk us through the role of the engineers and which ones you’ll need for your next project. Astute property investors and developers know that in order to be successful they can’t do it all on their own. They surround themselves with qualified and experienced professionals who…