Ross Versteegh – Choose your own Property Development Adventure

Show Notes

Get ready to hear from a bloke who’s a quiet achiever in the development funding space. We’re excited to bring you one of the biggest topics that people talk about for development (how to find and fund them)!

I love that Dan is keen to share a deal [or two] too and he’s so passionate about this he has created a slide or two we’ll go through live!

This session will give insights to help any investor!

Dan ignores the boom or bust headlines and simply focuses on what gives him & his clients the ability to succeed through powerful property developing .

Topics we’ll be talking about include:

  • The top 5 [maybe more] due dilligence items when looking at a development project! This one is bound to be juicy and actionable.
  • Insights gain from 2 development case studies.
  • Unpacking key insights to help the starter to advanced developer.

 


Episode Highlights

1:43 Quote of the Week0:08:11 Introduction of Ross

9:05 First Property investment of Ross

12:20 Why is the corner block so favorable?

14:04 South Australia Building Code

19:16 What are some of the resources and websites off the top of your head?

27:43 What should be my first deal as a beginner property developer?

30:34 How do you find ways to get access to these good deals?

32:08 What is the Process for the first-time developer when doing 1 into 3?

37:30 How did you learn about property development?

40:14 What’s the minimum frontage and land size one should target for?

44:50 What is a medium size development deal?

47:30 What’s my minimum entry into my first development?

52:54 What are some of the more creative strategies that you are seeing around?

59:02 What are some of the more significant and important trees in South Australia that we should be aware of if we see them on-site?

1:04:43 What question should be asking a builder to understand?

1:10:23 The Process of a Development Deal

1:23:34 45 Malone – Case Study

1:26:30 There seems like a lot of work, costs, time and risk in general with so many possible sites to make money from in aus, why spend so much time on this? Is the profit potentially higher with more difficult sites?

1:30:48 What are your thoughts on this – “By the time it’s gone to real estate.com, it’s probably already been picked through by a lot of developers”?

1:32:09 What is your next level kind of development?

1:40:27 How long is the development process for just demo and sell the land

1:41:44 Are there some tactics that you can use to get a fixed price for your land?

1:44:41 Is it hard to do Property Development?

1:45:46 Is there a way for a property investor to get involved into some kind of deal with 50k capital?

1:55:03 Is there a version of sappa for Victoria?

1:58:59 Way to connect with Ross

Episode Resources

Other Guests On Our Lives

Chris Gray, Amanda Farmer, Steve Palise, Nathan Birch, Todd Sloan, Cate Bakos, Mike Mortlock, Lloyd Edge, Karen Baldwin, Rob Flux, Kent Lardner, Charley Valher, Bernadette Janson, Pete Wargent, Melinda Jennison, Bushy Martin, Michelle Lewis, Peter Koulizos, Jane Slack-Smith, Joe Tucker, Jordan De Jong, Scott Aggett, Belinda Smith, Jef Miles and more.

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