Understanding the Property Developers Mindset with Justin Gehde – Ep. 30 - a podcast by Matthew Loos, P.E.

placemakingpodcast@gmail.comFacebook-fTwitterLinkedinInstagramUnderstanding the Property Developers Mindset with Justin Gehde – Ep. 030About the Guest
I am really excited to share this next conversation with all of you. Justin is a real estate developer with Gehde and host of the Property Developer Podcast located in Melbourne, Australia. Justin brings with him almost five years of experience in the real estate development industry. He has been sharing his discussions with other developers on the Property Developer podcast for over four years now.Originally started in 2015, the Property Developer Podcast was created by Justin because he saw a gap in podcasts geared towards property development. In his hunger to learn about developing and find out how to become a really good developer, he was going out and talking to people involved in property developing. He loved listening to their stories, and they all had such different views on developing. He thought it would be so great to share this with people. He also found that sometimes being a developer can be a lonely game, your family or partner doesn’t necessarily understand what is involved or what you are working on, and most people have a pre-conceived idea of what property developers are like. Hence, the genesis of the Property Developer Podcast.
In this episode, we are going to discuss some of the greatest lessons learned he has heard on his show, how he got started in real estate development himself, and the path to understanding the mindset of real estate developers. As you will hear on the show, he brings tons of experience on the subject of real estate development and the various hardships that real estate developers see today. I think you will enjoy his take on real estate development after speaking with over 70 guests on his own podcast.Main Take-Away’s From This Show
It’s always nice to have a fellow podcaster on the show! Justin did not disappoint. His passion for real estate development was evident when discussing his own podcast as well as the projects he is undertaking right now. With over 70 of his own guest interviews under his belt, he has been able to draw on the wisdom of these guests when pursuing his personal property development projects. From our discussion, I was able to pull out some big take-away’s or nuggets of knowledge to pass on to you all. The following list is not an exhaustive one, but it highlights the major points gathered.  As you will see after jumping into the topics listed below, the central theme of the property developer’s mindset is inherent in all of these topics.Real Estate Development in its essence is the same no matter where you live on the globe.
As a real estate developer, you are the conductor of the orchestra, not the violinist.You need equity to join the real estate development game, but it isn’t just a rich man’s game.

As always, I will dig into each of these “take-away’s” every week on the blog. So, without further a due, here we go!Real Estate Development in its essence is the same no matter where you live on the globe.
It’s incredible to me that I can be talking to someone across the globe and be able to discuss common issues that we see in such a particular subject as real estate development. We were able to do just that though. Justin develops property near Melbourne Australia, and I work on projects throughout Texas and yet we still run into similar roadblocks.Justin put it very nicely when he said that property development is really just a process, a set of steps to follow. It doesn’t really matter where the project occurs, it will involve a set (sometimes seemingly infinite) number of steps. Although some of the particulars of financing, construction, and leasing are different, the overall process is largely the same no matter where you go in the world.

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