Episode 008: Pathways to Profit in Property Development Part 1

In this special two-part series of Property Banter, host Michael Lezeja sits down with Peter Baumann from Freedom Road Developments to dive into the strategies behind successful property sub-division. Peter candidly shares his journey, illustrating why starting with smaller, manageable projects can build both confidence and valuable experience for aspiring developers. On this episode, Peter highlights his “think big, start small” approach, sharing insights on keeping costs low, maximising returns, and focusing on practical, value-driven renovations. He also unpacks the real challenges of development, from navigating council regulations to dealing with surprise site issues. This conversation is packed with practical wisdom for new and seasoned investors alike. Don’t miss Part 2, where Michael and Peter continue to explore the keys to profitable property development—stay tuned! Episode Highlights: Welcome [00:00] Starting Small in Subdivisions [01:03] Challenges in Subdivisions [04:43] Detailed Project Example [06:18] Feasibility and Profit Calculation [15:09] Importance of Team and Experience [16:51] Back-of-the-Envelope Calculations [19:36] Real Estate.com and Agent Fees [20:25] About the Guest: Peter Baumann is a prominent figure in the real estate development sector, currently serving as the Director of Freedom Road Developments, based in the Greater Brisbane Area, Australia. With over 500 connections on LinkedIn, he has established a significant professional network. Baumann's experience encompasses various roles within the industry, contributing to his expertise in property development and management. His leadership at Freedom Road Developments highlights his commitment to advancing residential projects in the region Connect with Peter: Company Website: https://www.freedomroaddevelopments.com/?loaded Connect with me on LinkedIn: linkedin.com/in/peter-baumann-85b54040 Follow me on Facebook: https://www.facebook.com/p.baumann.85/ Follow me on Instagram: https://www.instagram.com/peterbaumannyourwealth/ Resources: Website: https://www.pinnaclebuyersagents.com.au/ Connect with us on LinkedIn: https://www.linkedin.com/company/pinnacle-buyers-agents/ Follow us on Facebook: https://www.facebook.com/PinnacleBuyersAgents Follow us on Instagram: https://www.instagram.com/pinnaclebuyersagents/ Subscribe to my Youtube Channel: https://www.youtube.com/@pinnaclebuyersagents