Making Money through UK Property Development

Liam shares his expertise on how to make 500,000 pounds from your first or next residential property development. With over 20 years of experience in the field, Liam emphasises that anyone, regardless of their background or financial situation, can become a property developer and achieve significant financial success. He discusses the high-income generating tasks of finding sites and securing funding, highlighting the abundance of opportunities in the UK's strong property market and stresses the importance of building a team of professionals and leveraging other people's time and experience to de-risk and successfully complete a development project.  KEY TAKEAWAYS Property development can be a lucrative opportunity to make significant profits. The speaker mentions that even half a million pounds can make a huge difference in someone's life, regardless of their financial situation. The UK has a strong property market with a high demand for residential homes. There is a shortage of nearly 400,000 homes per year, creating a need for new developers. Starting small and playing it safe is recommended for beginners in property development. By de-risking the process and assembling a team of professionals, such as builders, surveyors, tax advisors, architects, estate agents, and brokers, individuals can successfully complete their first or next development. The two high-income generating tasks in residential development are finding suitable sites and securing funding. Developing relationships with agents, doing direct-to-vendor deals, and approaching development funders can help in finding sites and obtaining loans for the project. BEST MOMENTS "If I landed half a million pound into your bank account today, what difference would that have in your life?"  "You can become a property developer, you can go and build residential houses that you can sell or keep, and you could make half a million pound from your first ever land development deal." "The opportunity is out there…doing something relatively small at the start, playing it ultra safe, making sure it's completely de-risked." "Surely it's worth giving it a go…I've done 28 million pounds worth of property deals right now." VALUABLE RESOURCES The Dealmaker Podcast - https://omny.fm/shows/the-deal-maker-by-liam-ryan Assets For Life - https://assetsforlife.co.uk Instagram - https://www.instagram.com/liamjryanwealth/ Facebook Page - https://www.facebook.com/LiamJRyan.AFL Facebook Personal - https://www.facebook.com/profile.php?id=100010124928017 You're listening to The Deal Maker podcast with Property Expert, Property Multi Millionaire and Joint World Record Holder Liam J. Ryan. If you want to become a master negotiator, close more property deals, become a great salesperson and live a better life then The Deal Maker podcast is for you. Liam is a property investor, business owner and Entrepreneur helping people make more money and live a happier life Hosted on Acast. See acast.com/privacy for more information.