Show Notes
Daniel is an active property developer and directly involved in over $40m worth of property deals including small to medium-sized residential developments across Australia over the last 13 years.
He will discuss the RBA’s recent pause on the cash rate and its effect on the property market, as well as how to do due diligence properly and effectively. The conversation serves as a great opportunity for listeners to gain knowledge and insight on proper property development and investing.
Topics we’ll be talking about include:
- The top 5 [maybe more] due diligence 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
3:48 Quote of the Week
9:01 Introduction of Daniel
12:16 Daniel’s Property Journey
15:42 Key Lessons From Daniel’s First Property
21:04 How did you turn into a property developer?
22:40 Daniel’s Project
24:50 What was the reason you choose Adelaide for your project?
31:19 Difference Between a Project Manager and a Development Manager
35:06 How you learned and decided on what the demographics was in your area?
41:37 Did these require a private planner, or was it complying?
43:52 Top 5 categories of due diligence
46:58 Due Diligence – Market Data
48:26 Due Diligence – 3rd party references
48:59 Due Diligence – Valuation and Validation
50:41 Due Diligence – Borrower
52:21 Exit Strategy Consultation
53:59 Due Diligence – DigiMap
57:09 Due Diligence – Resilience Data
1:06:32 What is Capital Stack & Why the Capital Stack Matter to Investors?
1:13:02 What Crowd Property is and how it works?
1:18:01 How long does it take for a typical fairly standard development to get approved if it stacks up on your platform?
1:22:33 What are some of the key things that a lot of people tend to overlook with property developments?
1:25:05 Wholesale vs retail investors
1:29:20 What needs to change in greater Sydney / Melb for a simple demo and build 1 into 2 work?
1:33:17 Where are you typically seeing some good value developments around?
1:36:53 How can people learn more about crowd property?
Episode Resources
Connect Daniel He: https://www.crowdproperty.com.au/about
Connect Joe Tucker: https://propertyprinciples.com.au/
Join Aus Property Facebook Group: https://www.facebook.com/groups/Auspr…
Join the Newsletter: https://propertyinvesting.substack.com/
SUBSCRIBE: https://www.youtube.com/channel/UC2Hq…
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.
