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What do I need to consider when looking for the right site or opportunity?

These are some of the key factors to consider when searching for the right site.

Location/Area:

  • Is it close to you?
  • Is it a good area or bad area?
  • What are the average values in this area?

Who is your target market?

  • Buy to Let
  • First time buyers
  • Social Housing
  • Executives
  • Families
  • Build to rent

Purchase Price

Can you afford what you are looking at?

Joint venture, private funding, crowd funing?

Are you looking at greenfield or brownfield sites?

  • Greenfield - Undeveloped land areas that have never been used for construction, typically natural and often covered with grass
  • Brownfield - Previously developed land that is now vacant or in need of redevelopment

What is your exit strategy?

"Always start with the end in mind" - Stephen R. Covey

Knowing your exit will be will help you plan moving forward and at scale.

Retain, refinance and rent out?

Completely sell?

Planning uplift?