Mastering Risk in Prefab Construction! (Kreisson) + 44 Studio Apt (Nigel Archer)

***RSVP PROCESS - CRITICAL INFO***
Please be aware, we don't use the Meetup website to take RSVPs, so you will need to register on this link to lock in your place (bookings essential) - https://propdev.info/uMvs

We run events most weekends around Australia so you can attend either physically in your local area, or live-stream to any event around the country.

In-Person: 1:30pm (Sydney time) to 'Mingle With The Expert'
Virtual: 2pm (Sydney time)

INTRODUCING THE INDUSTRY EXPERT:
Mastering Risk in Prefab Construction! Kreisson (David Glinnatsis)

You’ve found a great development opportunity. The numbers stack. You’re ready to get building…

Then something goes wrong.

A prefabricated component doesn’t fit.

A defect appears.

The builder says it’s the manufacturer’s problem. The manufacturer says it’s the builder’s problem.

And suddenly, you’re caught in the middle.

What looked like a faster, more efficient way to build can quickly turn into delays, disputes, unexpected costs and questions about who is actually responsible.

Here’s the truth:

Prefabrication and modular construction can change the risk profile of your development

And when something goes wrong, the traditional assumptions about defects, liability, insurance and recovery may not work the way you expect.

That’s why you need to hear from David Glinatsis from Kreisson.

In this session, you’ll discover:

• How prefabrication and modular construction changes risk and liability
• Who is responsible when defects occur
• How manufacturer liability can impact your ability to recover losses
• What developers need to know about decennial insurance
• How disputes can arise between developers, builders and manufacturers
• What the new NSW building reforms mean for developers

And most importantly…

How to understand where the risk ultimately settles when things don’t go to plan.

Because it’s not just about building differently…

It’s about understanding your risk before you commit to it.

Don’t miss this session! It could save you from discovering too late that the problem you thought belonged to someone else… ends up on your balance sheet.

INTRODUCING THE REAL DEAL:
From Vacant Car Lot to 44-Room Boarding House: A Buy-and-Hold Blueprint (Nigel Archer)
44-Room New Generation Boarding House | 1,290sqm Commercial site | Beresfield, Newcastle NSW | Purchased for $360,000

Spotted it driving past — turning a derelict used car lot into a 44-room income asset

Built to hold, not flip — a long-term buy-and-hold strategy designed for sustainable cash flow

Weathered the storm — navigating rain delays, soil issues and variations to deliver a fully-leased, income-generating property

Ever driven past a run-down site and thought "there's something in this"? That's exactly how Nigel Archer's journey with this deal began — a vacant used car lot in Beresfield, Newcastle that most people would have driven straight past.

Nigel turned that instinct into a 44-room New Generation Boarding House, purchased for just $360,000 on a 1,290sqm commercial block. But this wasn't a quick flip — from day one, the strategy was to build a long-term, income-producing asset: complete the construction, secure full occupancy, and use the rental cash flow to progressively pay down debt.

Of course, it wasn't all smooth sailing. Rain delays, soil issues and variations tested the project along the way — but Nigel pushed through to Occupation Certificate, full leasing, and a genuinely income-generating asset.

Come hear how Nigel identified the opportunity, executed the build, and transitioned it into an operating asset — plus what he's doing next with a DA-approved 32-room project and a 50+ room co-living site in the pipeline.

What the Session Will Cover:
-How Nigel identified an on-market opportunity simply by driving past
Assessing a commercial-zoned site for a boarding house conversion/development
-Navigating construction hurdles: weather delays, soil issues and variations
The path from Occupation Certificate to full leasing and stabilised income
-Why Nigel chose a buy-and-hold strategy over a resale, and how that shaped his decisions

What's next: scaling from a 44-room project to a 50+ room co-living development

Join us for this event and progress your property journey forward in our very unique Mastermind process!

See you all soon!