Property Development As An Investment Strategy
Property development encompasses a range of activities from renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land.
Property development is arguably the most lucrative active investment strategy in the current market, and is in high demand across most parts of Australia. But with great reward often comes great risk, which is why you need to be equipped with the right knowledge and tools to be a successful property developer. To do that, you need mentors and educators with on-the-ground experience to guide you when you are starting out as a developer.
Australia’s Misconception With Property Development
“Many people think that to be a successful property developer you need lots of funding, experience and technical knowledge!”
The beauty of property development is that no physical skills are required to be effective. Property development is about delegation and project management.
The beauty of property development is your hard work in the research phase is then leveraged through the professionals you hire to execute your investment strategy.
How Can I Become A Successful Property Developer?
There is no specific credential required or license necessary for a person or company to become a property developer a property developer. Whilst some educational organisations offer courses in property development, many developers who are active in the market are property entrepreneurs who have taken the time to learn the process from mentors.
No single path leads automatically to success in property development. Developers come from a variety of backgrounds – some start with small renovations while others have no experience at all.
Why Almost Everyone Can Start A Property Development Project
Property development is a great strategy for active investors who wish to choose the scale of their developments. For higher rewards, developers can embark on larger projects such as multi-level blocks of units, and for developers who are starting out and wanting to gain experience in the process, a simple subdivision or duplex development is a great option.
Regardless of your experience, our expert’s specific strategy for profitable property development caters to the broad range of Australians looking to make money in the industry.
Would you like to gain more insights into our strategy for Profitable Property Development?