Real estate development is an exciting and lucrative field with the potential to create long-term wealth through property ownership and development. However, many fledgling, young, or amateur developers make the mistake of tackling too many projects at once, hoping to achieve success quickly and easily. This can be a characteristic trait of being greedy or over-ambitious. The desire for quick profits may drive these developers to prove themselves in the industry. However, this approach can lead [...]
While real estate development can offer high rewards, it is also a high-risk business that requires careful planning and execution. Therefore, it is essential to arm oneself with well-researched information and to follow some basic rules to ensure success. However, even the most experienced developers can make mistakes along the way. Here are the top 10 mistakes that property developers should avoid: Underestimating Costs: When it comes to real estate development, underestimating costs can be fatal. For [...]
The Real estate Development Industry is a lucrative field that offers ample opportunities for those willing to invest time, gain knowledge, and take calculated risks. However, success in this industry does not come to those who act impulsively or make decisions based solely on gut instincts. Although significant profits may be made, relying on luck alone often leads to long-term failure. The industry has high stakes but also has the potential for higher returns. If you're reading this [...]
INTRODUCTION For many, the dream of homeownership is an important goal that signifies financial stability and independence. However, the reality of the current real estate market is that homes often need to be more affordable, especially for first-time buyers or those with lower incomes. In addition, high housing prices, low inventory, and stiff competition from other buyers can make finding a home that fits your budget and financial goals challenging. In this context, it can be easy to [...]
INTRODUCTION Welcome to the real estate development world and its potential rewards. Real estate development involves creating tangible assets that have long-term value and provides an opportunity to transform underutilised or blighted properties into thriving communities. The article highlights that the real estate market tends to be more stable over time, and demand for quality housing, office space, and other properties remains consistently high. In addition, real estate development offers the potential for significant financial returns [...]
Real Estate development is a lucrative investment opportunity that can help you build wealth over time. However, knowing where to start can take time and effort for most people new to this field. If you're interested in real estate development but don't know how to begin, this beginner's guide is for you. In the following sections of this article, we will guide you through the basics of real estate development and provide practical tips and insights [...]
Last week I joined Neil Gibb from PEP Talk, the Perth Entrepreneurs Podcast to talk about real estate and my venture into block chain technology.
I’ve written a three part series about the real estate industry after COVID-19 which you can read and watch the videos over on AYR International. PART 1 – Talks about general predictions about the housing and commercial market PART 2 – Discusses the market opportunities post COVID-19 PART 3 – Talks about the digital revolution. Head over the AYR International and have a read of these articles. And I would like to hear your comments.
f you are contemplating in becoming a property developer, it is important to know why certain real estate developers are successful and why some fail. In fact, over my 40-year career in this industry, I have seen a greater percentage fail. Property development is a high-risk, high reward business. We cannot avoid all mistakes in property development and at times these mistakes are through no cause of the developer and beyond their control. However, by ensuring success in this [...]