FIRE - Females in Real Estate

EP 11 - Property Development: From Novice to Pro

β€’ Cynthia Nerih β€’ Season 1 β€’ Episode 11

In this episode, I sit down with Kelly, a property developer who is based between UK and South Africa and runs her property business in both countries. Kelly shares her journey into the property industry, including the challenges she encountered when purchasing her first development site and how she overcame them.

We delve into various topics, including the complexities of the BRRR strategy, the impact of Covid on the property market, navigating relationships with project managers and developers, venturing into the hospitality sector of real estate, managing personnel, securing development finance from lenders, and implementing diverse strategies for her UK property business and Airbnb ventures in South Africa.

This episode is a treasure trove of insights on financing properties as a novice developer, obtaining development loans, evaluating freehold versus leasehold properties, collaborating with solicitors, overseeing property investments, and exploring different investment strategies.

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