Eamon Charles Lowe - Effective Property Development Tips

 

With years in the property development industry, Eamon has been helping aspiring property developers from Australia to rise and leverage the billion-dollar industry. Property development is hard to ignore industry considering the potential for huge profits. However, Eamon Charles Lowe believes that it’s imperative to avoid certain pitfalls to get the best of every opportunity. 

Here are a few tips from Eamon to keep you ready for opportunities.

  • Thoroughly analyze the market- Understanding the state of the market helps you succeed in property development. Factors such as growth drivers stimulating the economy, type of people living in the suburb, demand for development in the suburb, and the price people will pay.

  • Spend time in site researching- Find about zoning regulations and also inquire subdivision rules. Check whether or not the site is heritage listed since it’s better not to do anything with the heritage site. 

  • Seek help from tax accountants about any tax obligations you may have. 

  • Find a quality builder considering the fact that there are tons of builders available in the market nowadays. Eamon likes to know the types of projects a builder has worked on, the lead time, and what specialty a builder has like residential, speculative, commercial, etc. 

Use these tips from Eamon Charles Lowe to make the best out of an opportunity.



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