How To Be A Property Developer

Recession or not, everyone thinks they could make a fortune wheeling and dealing in the property market – if only they had the cash to start. But is it really that easy? Would you have the skills and the judgment to make a profit from buying and selling houses?

In this second series of How To Be A Property Developer (starting tonight at 7.30pm on TV ONE), two-person teams are each given $700,000 to find out as they become property traders – with the sole aim of making as much money as they can. No-nonsense, straight-talking property developer Gary McCausland oversees the exercise, which gives the couples just nine months to buy and sell a minimum of three properties and make bricks and mortar their bread and butter.

See how successful they are at increasing the value of the properties, watch them as they negotiate with builders, try their hand at stripping floors, seek out bargains at salvage yards and chance their luck at auction. Will it be as easy as they think to make a quick profit, or will they make some horrible and costly mistakes along the way? There’s a lot to be gained: if they’re successful, they keep the profits.

Tonight, the contestants rush to buy their first properties. Best mates Jem and Dave from Bristol discover an elegant period home that needs minimal work, but have allocated only four weeks to complete it. Liverpool residents Amanda and Tracey consider a fire-damaged Victorian house as their first project, but both Gary and a surveyor think they’re making a big mistake.

Photo: Presenter and property developer, Gary McCausland.

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