This bestselling book is a practical, step-by-step guide for beginners and experienced investors in the real estate and construction industries. From site selection to sale, this book walks you through each phase of the property development process to show you how careful planning can considerably enhance returns on your investment. This practical and effective guide features the latest information on development economics, the impact of electronic media, new cost-effective building methods, and a collection of case studies that illustrate these ideas in action. With a focus on practical outcomes, you’ll learn how to approach the property from an investor’s perspective to minimise risk and maximise returns.
Australians have long had a love affair with residential property. We have one of the highest rates of home ownership in the world and investing in residential real estate is a popular route to financial security. This book shows you how to make property development feasible within your time and budget constraints, netting you more profit and less headache.
- Select the site with the most profit potential, and find dependable financing
- Work more effectively with contractors, councils, consultants, and solicitors
- Apply standard monitoring and risk management techniques to your investment
- Cost and market the improved property appropriately to target the right buyers
Newcomers are understandably overwhelmed by zoning, financing, construction, marketing, and everything else that goes into property development, frequently resulting in mistakes and missed profit. For the fledgling developer hoping to make the most of new investment, Australian Residential Property Development for Investors provides an all-in-one reference, with proven systems, techniques, and tools.
This book is a prequel to my new book “Real Estate Development Strategy for Investors “which covers various strategies, including forming syndicates and joint ventures, developing with minimal cash, creative financing, securing low-cost development sites and creating your real estate portfolio with passive income. It also covers the new technology movements of Proptech, Fintech and Contech and how Blockchain Technology is disrupting the real estate industry. If you want to advance your career in property development, it is worthwhile reading this new book.