5 Types of Risk in Property Development You MUST Know Before Starting a Project |
|
Types of risk in property development. Peter Kelly shares 5 types of risk in property development that you must know. He also shares exactly what you need to do to minimise those risks.
SUBSCRIBE: https://www.youtube.com/@peterkellyofficial SUBSCRIBE: https://www.youtube.com/@littlefishproperties Little Fish Property Developments: https://www.linktr.ee/little.fish Little Fish Real Estate: https://www.linktr.ee/littlefishre Little Fish Podcast: https://www.linktr.ee/littlefishpod Need Help? 👉 Book a Free Consultation: https://www.littlefishproperties.com.au/strategy-session 00:00 Introduction 00:54 Property development risk one: time overruns 01:18 Liquidated damages definition 01:53 Little Fish liquidated damages formula 02:24 Property development risk two: cost overruns 02:44 Construction documentation tips 03:58 Property development risk three: builder going bust 04:18 Tips for selecting your dual occupancy builder 04:35 Property development risk four: trusting third parties 05:28 Property development risk five: working with rubbery numbers 06:10 Wrapping up #typesofrisk #property #development |