Property Development Explained To Help You Get The Best Return On Your Investment
Real estate development, or property development, is a multifaceted business process encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land. While some educational organisations offer courses in property development, many developers who are active in the market are property entrepreneurs who have learnt the process from mentors like Bob Andersen. Enjoy his latest tips.
What property development project types do you need to know? Mr. Billion Dollar Property Developer Bob Andersen discusses.
Usually new developers start off with residential developments. Some may later move into commercial, industrial, or retail developments.
Let’s discuss some of the types of residential developments you could undertake starting from the simplest. To be clear, I don’t consider buying a block of land and building a house on it to be a property development.
How do you find a trusted builder? Bob Andersen shares his expertise when it comes to the process of tendering for a builder.
Hi, Bob Andersen back again.
In our last video, we talked about getting the building approvals, the construction certificate, and the possibility then of tendering the construction. In other words, finding a builder—that’s what we’ve got to do. There’s a couple of ways of tendering.
How does property development work exactly? Bringing in a case to study, Bob Andersen talks about the property development stages.
Hi, Bob Andersen back again. When I was pondering what I wanted to bring you in this series of videos, I thought, there’s no better way of seeing how a property development works, how to have a look at all the different stages of a property development, than to look at a real life case study. So, that’s what we’re going to do.
What’s a joint property development venture with a money owner? Australia’s Billion Dollar Property Developer, Bob Andersen discusses.
Hi! Bob Andersen here.
When it comes to creative strategies, by far the most popular with all my students, is what we call a joint venture with a money partner. And just by way of recap – remember, when we are financing a development, the good news is the bank puts in most of the money.
What’s a joint property development venture with a land owner? Australia’s Billion Dollar Property Developer, Bob Andersen discusses.
Hi, Bob Andersen. Welcome back.
Now when it comes to making great amounts of money, there’s no property strategy that comes anywhere near property development. The good news is – when it comes to financing property development projects, the bank puts in most of the money.