Property Development is all a numbers game. Ideally, people think it’s best to spend the least amount of money to make the most profit. But in reality, is it a good idea to spend less when it comes to your development site?
Don’t let the fear of money deter you from picking the right site for your development. Sometimes more upfront can be better in the long run for your investment. Learning where to buy and what to look for are key factors to add to your property development tool belt!
In this week’s episode, we talk about where to find development sites that stack up. We dive into where you should and shouldn’t buy, our thoughts on buying in cheaper areas and Bob’s favorite sector to buy. So if finding that perfect development site has been an issue for you, you won’t want to miss this week’s episode!
Episode Highlights:
- Where To Find Development Sites That Stack Up [01:37]
- Where not to buy [03:10]
- Thoughts on buying in a cheaper area [08:24]
- Where to buy [10:17]
- Bob’s favourite sector to buy [17:10]
- Where are these sites at the moment to buy? [19:17]
- How long does it take for townhouses to go up in value? [25:22]
- Property is a numbers game [30:15]
Resources:
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It has been a pleasure! And we look forward to seeing you in the future episodes!
