I’m often asked the question, particularly from non-property people, how profitable is property development? Well, it largely comes down to risk versus reward. This risk and return paradigm is well understood by many investors – if you want a higher level of return, you need to accept a higher level of risk, and vice versa. It’s…
Whether we realise it or not, managing risk is something we deal with every day. For example, the simple process of crossing a street involves a certain degree of risk that we manage without even blinking an eyelid. But what about managing the risks of something as complex as a property development project? Let’s take…
On the brink of launching our new online course, Small Developments For Profit, I’d like to tackle some of the myths around property development. It’s neither scary nor overly risky – as long as you’re armed with the right knowledge, tools and skills. And the profits can be staggering. We’ve engaged one of the foremost…