In this episode of That Backyard Property Pod, host Michael sits down with Lachlan Andrew, a valuer and expert in the Perth commercial property market. They delve into the intricacies of large transactions, the differences between residential and commercial properties, and the various asset classes within the commercial space. Lachlan shares insights from his journey in property valuation and sales, touching upon the emotional and technical aspects of real estate deals. The episode also covers the impact of economic conditions on property markets, the challenges in apartment development, and the importance of building long-term relationships in the property industry.
General advice only and not personal advice. CRN 485467
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Chapters:
00:00 Introduction and Initial Thoughts
00:51 Guest Introduction and Background
01:36 Family and Personal Values
05:45 Journey into Commercial Real Estate
08:34 Understanding the Commercial Market
10:48 Challenges and Opportunities in Commercial Real Estate
13:07 Current Trends in Perth's Property Market
18:38 Investment Insights and Market Comparisons
22:58 Types of Buyers in Commercial Property
25:05 Importance of Leases in Commercial Real Estate
28:14 Memorable Transactions and Client Relationships
31:21 Residential vs. Commercial Property Investment
35:58 Current Market Trends and Opportunities
39:08 Personal and Professional Achievements
41:06 Conclusion
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Music from #Uppbeat
https://uppbeat.io/t/andrey-rossi/seize-the-day
License code: UVSF5JTJM8QUZNXZ
Produced by Podwave Studios
#Australianproperty #perthproperty #propertyinvestment #MichaelKilliner #MelbourneProperty #PodwaveStudios