3 minute read
Property Development Matters
Property Development
Matters
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SUSAN LINDEQUE Linzen Group
PROPERTY DEVELOPMENT - WHAT YOU NEED TO KNOW
With interest rates at a record low, there is experience. Sometimes you won’t have the answer definitely a sense of optimism in the real estate so you need to build a strong team around you. market across the Sunshine Coast and South East Queensland Region. Lots of people are considering capitalising on market conditions and either develop, or invest in the property market. Coordinate and Organiser – Property development is all about managing people and processes. Having good project management skills will definitely be one of your biggest assets. We live in a world of instant gratification with quick fix and get rich quick schemes. Development Time Management – Time Management is is really about having a long term strategy and crucial for any project, as time is money. You having persistence and perseverance to the end. need to be organised and proactive and Property development is a multifaceted business always be on top of what is happening. encompassing activities that can range from Financial Skills - You need to create a detailed a complex renovation, splitter, and subdivision financial model for each development to ensure or developing master communities. you will end up with a profit. Most developments Developers are the coordinators of these can encounter unforeseeable problems, costing activities and really orchestrate the process money, and you have to ensure from the beginning from the inception to the end. that you have enough profit in the deal. To be a successful developer you Development is normally perceived as high need to have these skills: risk activities and financial institutions Successful Negotiator – You have to be a good listener, a good communicator and, above all, a today have stringent financial models to ensure that they minimise their risk. good negotiator to reach the best price and terms Therefore it is vital that you develop all the skills for the purchase of the land or property. Your above but more important that you perform profit depends on how much you purchase it for. stringent due diligence processes and negotiate Team Player – You need to lead the team good terms and conditions when you acquire any property or land for development. and understand how to communicate and get the best out of your team. Remember that nothing is achieved without effort and sacrifice. If you believe you have the persistence, Problem Solver – Life doesn’t always go perfectly perseverance and take a long term view, property to plan and property development is no exception. development will give you some of the greatest Solving problems will rely on knowledge and financial rewards in real estate investing. ABOUT THE AUTHOR Susan is the CEO and Co-founder of Linzen Group which is a multi-faceted and diverse property development group offering a one stop real estate shop. Susan has more than 25 years of successful commercial and financial experience with a background as a registered Chartered Accountant and Real Estate Agent. Her extensive expertise allows her to recognise market trends, demands and conditions to accurately predict project outcomes.
OUR PURPOSE IS TO BRING YOUR PROPERTY DEVELOPMENT VISION TO LIFE!
Our services are tailored to suit your individual or business needs and our delivery approach is guided by our expertise and your requirements.
Property investment advise and strategy Set up appropriate structures for asset protection Specialised tax advice on income tax, GST and Capital Gains Tax Land development and Construction Dealing with Council, townplanners, engineers and other consultants Due Diligence and Financial Feasibility for all projects Project management to ensure projects are on track Joint Venture Partnerships with investors or land owners Seek funding for projects
1 HOUR FREE CONSULTATION
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Linzen is also offering exclusive workshops every Saturday for groups of 10 – 15 who are serious about seeking expert advice and consultation on property investment and development.