Property Developer Podcast
99 – The power of joint ventures to accelerate your property developing
Joint ventures are a great way to do more projects and reduce risk. Property development can at times be a lonely game so if you have other people to talk with about issues and solve problems it can really help take your developing to another level.
Valerie Smith from Valsco Property Group has harnessed the power of joint ventures to enable her to take on bigger projects. Valerie and her husband have travelled the well worn path from property investors and renovators to property developers. They are now focusing on some niche disability accommodation projects to provide much needed dwellings for many Australians.
In this discussion with Valerie we cover:
- How more women can get into property development
- the power of joint ventures to accelerate growth and reduce risk
- the value of focusing on a niche product for a specific group
Keep an ear out for how a shift in Valerie’s thinking around money and skills helped take her to the next level.
Link - Valsco Property Group - http://valscopg.com.au
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In this book, Justin will share how he succeeded in delivering a 20-townhouse project on his first property development project and what he learned along the way.
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Episode Summary
In this episode of the Property Developer Podcast, host Justin Gehde speaks with property developer and joint venture expert, Valerie Smith. The episode focuses on the power of joint ventures to accelerate your property development projects.
The conversation begins with Valerie sharing her background in property development and how she became involved in joint ventures. Valerie explains that joint ventures are a powerful tool for developers, allowing them to access funding, expertise, and resources that they might not have otherwise. She also stresses the importance of building strong relationships with potential joint venture partners, and being transparent and honest in all dealings.
Spread risk and maximise returns
Justin and Valerie then delve into the specific benefits of joint ventures, including the ability to spread risk and maximize returns. Valerie explains that joint ventures allow developers to pool r...