$40k job to Developing $36,000,000 Projects, How he went full time Developing - With Ross Versteegh

Описание: $40k job to Developing $36,000,000 Projects, How he went full time Developing

Transitioning from a full-time job to becoming a property developer - is it possible?

Ross Versteegh, Property Developer and director of Gambit Development Group, joins us today as he shares his remarkable journey from a building designer to managing $36 million in projects. In this episode, Ross recounts his first property deal in 2008, revealing how he turned a modest investment into an $85,000 profit through subdivision.

Discover the keys to successful property development, including the importance of education, networking, and understanding the financial landscape.

Ross dives into the challenges he faced, the lessons learned from his early mistakes, and how he navigated the complexities of the real estate market.

Whether you're a seasoned investor or just starting out, Ross's insights will inspire you to take action and explore the world of property development. Click on this episode now so you don't miss this opportunity to learn from his experiences and gain valuable tips for your own journey!


South Australia Property and Planning Atlas: https://sappa.plan.sa.gov.au/



Get in touch with our amazing episode contributors & sponsors:

Connect with Ross and his team:
https://www.gambit.net.au/

Rob Flux:
https://developernetwork.com.au/events

Steve Ash:
https://www.propertystrats.com.au

InvestorKit:
https://www.investorkit.com.au/

Talk with Dawn Fouhy and her team today:
https://futureproofpropertyadvisory.c...



CHAPTERS:
00:00 - Introduction
00:25 - Early Days and Initial Struggles
00:48 - Learning from Experience
01:42 - The First Deal: A Journey Begins
02:04 - Motivation Behind Buying a Home
03:17 - Influence of Family and Early Education
04:24 - Transitioning to Development
06:19 - Building Confidence in Development
07:25 - Financing the First Subdivision
09:32 - Creative Problem Solving
10:50 - Lessons from Early Mistakes
11:33 - Understanding Possible vs. Profitable
13:01 - Key Tips for Site Selection
16:02 - Scaling Up: Taking on Multiple Projects
18:22 - Managing Doubt and Risk
20:35 - Choosing the Right Builder
21:28 - Owner Builder vs. Project Builder
22:15 - Researching Builders and Projects
29:07 - The Second Deal: When Things Went Wrong
32:06 - Financial Management Lessons
32:46 - Starting Again with Limited Funds
34:06 - Networking and Finding Opportunities
37:11 - Final Words



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