Over the last decade, Property Development has become a wealth strategy that anybody can achieve. That’s no different when it comes to mentoring student Alex Kempson. During the pandemic, he noticed the abundance of development projects in his area and began to explore property development as an option for him.
At first Alex took the traditional approach and invested in real estate by purchasing properties and holding onto them long-term. However, witnessing the rapid pace of development and the potential for significant returns, he became intrigued by the idea of becoming a property developer and that’s where his development journey began!
On this week’s episode, Bob sits down with Alex Kempson, a current mentoring student who is embarking on his first property development project. Alex shares his experience and insights into the world of property development, highlighting the importance of location and discussing the unique features of his upmarket duplex project. Tune in to learn more about Alex’s journey and gain valuable knowledge about what it takes to be a successful property developer.
Episode Highlights:
What type of project is Alex working on? [01:42]
What makes this a special duplex? [02:06]
Who’s your likely buyer to be? [03:02]
What stage is your project in at the moment? [03:33]
How is communication? [04:19]
What made you want to be a property developer? [05:14]
How did you get involved with Property Mastermind? [06:30]
Alex’s family background [07:05]
How supportive is your wife? [07:42]
What skills do you think you brought with you to property development? [09:17]
The importance of organization [11:11]
Are you looking for future projects? [12:32]
How has it been developing in a different area than where you live? [17:49]
Was there competition with your current project? [21:37]
What is your business name? [29:40]
To learn more about Alex, check out his website here: https://hillsidepropertygroup.com.au/
To learn more about the Property Mastermind Mentoring Program, click here: https://www.propertymastermind.com.au/schedule-an-appointment/
