Ep.21 Property development and renovating for profit
This week, we are joined by Neal Ashworth of White Gorilla Developments. We discuss Neal’s background both in getting property ready for sale, as well as his development work for investors in today’s market.
HERE’S WHAT YOU’LL LEARN FROM TODAY’S EPISODE:
How Neal went from an apprenticeship as a carpenter to opening his own business in 2011;
Starting out renovating with friends and family, and growing the business from there;
Preparation for sale campaigns, and how vital they can be;
Examples of how a bit of preparation can take your property to the next price bracket;
How much to expect to spend, and what your return on that investment can be;
Development application work, and partnering alongside architects, builders etc to get the project completed;
Differences in councils across the country;
Feasibility studies and the role they play in forecasts for a project;
The low rise medium density housing code coming in July;
How various fees can add up in your holding costs; And
Working with neighbours.
SPEAKERS IN TODAY’S EPISODE:
Michelle May - Sydney Buyers Agent
Neal Ashworth - White Gorilla or via 0414 557 466
ASK US ANYTHING!
Have a money question you want us to answer? ask@sydneypropertyinsider.com.au
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