CDM Regulations: What You Need to Know with Darren Burrows
Description
Darren and Kev talk about a frequently forgotten topic in property, CDM regulations. Darren shares his experience in property and CDM regulations and talks about why he is so passionate about teaching others the importance of understanding how to protect themselves. Kev and Darren also outline the scenarios where CDM regulations matter and how to protect yourself as a property investor.
KEY TAKEAWAYS
- CDM regulations stand for construction, design and management regulations. This is essentially about running construction projects in the right way.
- CDM regs apply to you in any non-domestic construction.
- As the client, as the investor, understanding or having someone who understands the CDM regulations is essential to protect yourself.
- On a large project, it can be worth paying for one contractor to deal with all sub-contractors, to save you time and derisk the project.
- When choosing a contractor ask for recommendations and ask them if they will work to CDM regs.
BEST MOMENTS
"CDM regs are in place regardless of what project you’re in, so anything to do with construction”
“People get scared by it (CDM Regulations) because they think it’s a big thing”
“Always ask contractors if they’ll work to CDM regs”
VALUABLE RESOURCES
https://linktr.ee/darrenburrows Taurus Project Solutions - https://www.taurus-property.com/projects?r_done=1 Facebook - https://www.facebook.com/darren.burrows1/?locale=en_GB LinkedIn - https://www.linkedin.com/in/darrenburrows1/ YouTube - https://www.youtube.com/channel/UCuGLmCrylHRvjsovzotwuQQ
MSOPI – Multiple Streams of Income:
https://www.progressiveproperty.co.uk
ABOUT THE HOST
Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.
CONTACT METHOD
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