In this episode, Rob speaks to Ian Rogers. Over the past 40 years, Ian has been involved in over $200 million worth of construction and over $5.5 billion in capital projects. Currently, he is working on government projects in Barbados, while also working internationally as a consultant.
Ian and Rob look at the costliest mistakes made when managing construction projects. Errors that cause untold damage whether it is a single dwelling, a hotel, an HMO, or a piece of infrastructure that is being built. Mistakes that regularly derail otherwise viable projects. Ian highlights each issue and shares some effective ways to avoid them being a problem for your construction project.
KEY TAKEAWAYS
BEST MOMENTS
‘On average, 80% of construction projects fail.’
‘Excessive change orders come primarily from not thinking the project through.’
‘At the very beginning of any project, look at the viability of what you’re trying to achieve.’
‘The contractor needs to be told that we need to know everything, Bad news, good news, everything.’
‘When property is done properly – everyone wins.’
EPISODE RESOURCES
Website: https://www.ianjrogers.com/
Property Done Properly Podcast: https://www.podchaser.com/podcasts/property-done-properly-4237740
ABOUT THE HOST
Rob Smallbone, the host of The Property Nomads Podcast, is on a global mission to guide your success. Success can happen in many ways, shapes, and forms. Think about what success means to you. More properties? More clients? Financial freedom? Time freedom?
Rob wants to make a huge difference to people around the world. He is here to guide your success in property, business, and life and to inspire you to achieve your goals, dreams, and visions. He's travelled, explored, and invested. And he's not planning on stopping these activities anytime soon.
Buckle up, sit tight, and enjoy the ride that is life.
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101 Top Property Tips = https://amzn.to/2NxuAQL
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