Exploring wealth growth: Tim Graham and Michael Pell discuss the benefits of small-scale property developments on The Property Playbook
In today’s market, is the fastest path to growing your wealth through buying and holding—or building and creating it yourself? In this episode of The Property Playbook, host Tim Graham is joined by Michael Pell, Managing Director of Propell Property, to discuss what is the best option.
Pell discusses the appeal of small-scale developments for investors and the factors to consider when selecting sites. He also notes how returns on these projects can often surpass those of standard buy-and-hold investments. Common mistakes made by investors in smaller projects are highlighted, along with advice for those considering their first development to enhance their success.
Investment Insights
Pell emphasises the importance of thorough research and planning in achieving optimal outcomes in small-scale development projects.
