The Property by Kazy Podcast EP 48 | The Unspoken Truths Of Property Development - Anthony Laville
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Jun 9, 2024 Anthony Laville, founder of Volume Property, shares his inspiring journey from a lettings business to overseeing £50M-£100M development projects. He discusses the emotional rollercoaster of securing site access and transforming an industrial building into impressive student accommodations. Laville delves into the intricacies of property agreements and the importance of choosing the right partners. He emphasizes the critical role of networking, social media, and mentorship, as well as the lessons learned from navigating the challenges of modern property development.
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Partner Selection Tips
- When choosing partners, consider their personality, financial stability, and working style.
- Ensure they are amenable, have liquid funds, and won't be overly involved in day-to-day operations.
Strategic Partnerships
- Partnerships enable individuals without large capital reserves to undertake multi-million pound projects.
- Laville prioritizes control in his core business but partners on individual projects for diversification and risk mitigation.
Contractor Troubles
- Anthony Laville recounts a stressful project where the contractor went bust, leading to on-site management and health and safety issues.
- Despite the challenges, the project eventually succeeded, providing valuable learning experiences.