Author(s): Ron Forlee
The all-in-one reference for the new residential real estate investor
Australian Residential Property Development for Investors is the practical, step-by-step guide for beginners and experienced investors in the real estate and construction industries. From site selection to sale, this book walks you through each phase of the property development process to show you how careful planning can considerably enhance returns on your investment. This practical and effective guide features the latest information on development economics, the impact of electronic media, new cost-effective building methods, and a collection of case studies that illustrate these ideas in action. With a focus on practical outcomes, you'll learn how to approach the property from an investor's perspective to minimize risk and maximize returns.
Australians have long had a love affair with residential property. We have one of the highest rates of home ownership in the world, and investing in residential real estate is a popular route to financial security. This book shows you how to make property development feasible within your time and budget constraints, netting you more profit and less headache.
Newcomers are understandably overwhelmed by zoning, financing, construction, marketing, and everything else that goes into property development, frequently resulting in mistakes and missed profit. For the fledgling developer hoping to make the most of a new investment, Australian Residential Property Development for Investors provides all-in-one reference, with proven systems, techniques, and tools.
RON FORLEE is an architect and developer with over 30 years' experience in the property and construction industry. Ron has worked on a diverse range of projects across Australia, Asia and Africa, and is the author of "An Intelligent Guide to Australian Property Development" and "Australian Residential Property Development."
About the author ix Acknowledgements xi Preface xiii 1 An overview of property development 1 2 Characteristics of a successful developer 23 3 The development process and participants 43 4 Development site selection 69 5 Negotiation and purchasing 95 6 Making the numbers work 113 7 Development economics 129 8 Utilising modern technology 153 9 Raising development finance 177 10 Raising equity finance 197 11 The development approval process 217 12 The construction process 235 13 Marketing and selling 251 14 Residential land development 271 15 Villas and townhouses 301 16 Apartment developments 325 Conclusion 349 Index 355