In this week’s episode, Hilary and Bob discuss how assumptions can cost you money in property development. They dive into the potential pitfalls of making assumptions and how it can lead to significant problems if due diligence is overlooked. They also emphasise the importance of thorough follow-up and critical thinking in property dealings and interpersonal interactions. So don’t let assumptions cost you thousands! Tune into this week’s episode and learn from real-life mistakes and how to avoid those costly pitfalls!
Episode Highlights:
Introduction to Assumptions in Property Development [03:15]
Assumption Story: Broker and Development Application [03:26]
Assumption Story: Real Estate Agent and Offer [07:30]
Assumption Story: Townhouse Development [11:05]
Gary Martini’s Email and Assumptions [15:30]
Purpose and Passion in Property Development [18:15]
Dan King’s Development Pride [23:08]
Assumption in Industrial Development [27:00]
Summary and Key Takeaways [31:36]
Upcoming Free Training Session Announcement [33:51]
