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by Andrew J. Crosby (Author)
Property or Real Estate development is an exciting business. It attracts the most entrepreneurial risk takers and larger than life characters. The reward to those who do it successfully is simple. Profit.
However, to be profitable over the long term it takes a lot of hard work, countless difficult decisions and a balancing act akin to that shown in famous photos of those construction workers walking the steel beam at the top of a 1920s New York skyscraper. This book presents what it takes to create, deliver and profit from house and land development. For first time developers or development managers, this book is your 'how to' user manual to keep as a handy reference. It will give you a competitive advantage as you leverage the established profit-making and risk-mitigating steps described. For the experienced development entrepreneur or professional there are numerous checklists and processes outlined. These will give you a new insight, prompt an idea or reframe your current view to both increase profit and decrease risk on your projects. Real estate investors and home builders will find value by understanding house and land development to add a new source of income. Project managers, architects, engineers, financiers, quantity surveyors, valuers and real estate agents will gain an appreciation for the developer clients they represent - plus this knowledge will be handy if you are considering a career upgrade! Success in house and land development means creating property for profit. This takes dedication, leadership, action, decisiveness, faith, organisation, influencing people, a warrior spirit and many would say a lot of love. The result of profit is that you have more money. House, land, love and money! This is the story of how you can profit in property through house and land development. "I buy almost every property and business book that comes out, and this would be the most on point, practical and useful book about property development that I've read. It was like having access to an experienced mentor discussing the whole process start to finish. Tapping into the author's real life experiences, rather than learning it the hard way, is by far the best way to avoid costly mistakes. This book has given me comfort withhow to proceed with my own developments. I highly recommend it."- Aaron Dando, DANDO HOLDINGS Ltd
Entrepreneur and investor with a growing multimillion dollar portfolio of redevelopment projects.
Author Biography
Andrew Crosby has worked in property development since the late nineties. With degrees in Architecture and Property from the University of Auckland he embarked on a corporate career in real estate consulting with Ernst & Young only to be drawn to a private property development company before his first year was done. He has managed (and still does) projects ranging from residential subdivisions, terrace homes and apartments to mixed use, retail and office developments in New Zealand and the United States. This included a senior management role with Housing New Zealand, where he led the property development team to initiate and deliver hundreds (which will eventually become thousands) of new homes in public-private ventures.
Looking at improving efficiency in the development process, Andrew founded an internet start-up in project collaboration that was used for large construction projects, including private developments, hospitals, wastewater and road networks, train stations, airports and prisons. He also set up the inaugural management office of the Royal Institution of Chartered Surveyors in New Zealand - a general manager role that included co-producing the 'RICS Development Monitoring Guide'.
Exemplifying a willingness to continuously learn, a personal highlight was attending a course in real estate development at Massachusetts Institute of Technology in 2010. As a part-time lecturer at Unitec, Auckland, New Zealand since 2014, Andrew delivers the Bachelor of Construction final year paper in property development.
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