Property Mastermind Podcast with Bob Andersen & Hilary Saxton

Understanding the various ways to finance a property development project, including utilizing joint ventures and creative strategies, is essential for individuals entering the real estate market. It’s possible to make your property development journey a reality; you just have to know and understand all the factors that play a role.   One key strategy is the use of joint ventures, where individuals partner with others to pool resources and share the risks and rewards of a property development project. Joint ventures can involve equity partners, where each party contributes funds and shares in the profits proportionately. This strategy allows individuals to leverage the resources of others to fund their projects and mitigate financial risks.   In this week’s episode, Hilary and Bob discuss how much money you need to do a property development. They delve into essential financial considerations and share a handy thumb rule for beginners. So if you are looking to learn more about creative strategies for property development funding, you won’t want to miss this week’s episode!    Resources:    To learn more about our Joint Ventures Workshop we have coming up, please click here: https://www.propertymastermind.com.au/joint-ventures-workshop/   Or to speak with us directly, click here: https://www.propertymastermind.com.au/schedule-an-appointment/ Episode Highlights:   Fun Question for Bob: Island Essentials  [01:40] How Much Money is Needed for Property Development [03:19] Financing and Equity in Property Development [06:13]   Thumb Rule for Estimating Required Equity [10:56]   Case Study 1: Queensland Couple - Three Lot Subdivision [17:01] Case Study 2: Victoria Male - Duplex with Dad [18:38]  Case Study 3: New South Wales Couple - Subdivision and Upmarket Houses [20:16] Case Study 4: South Australia Couple - Subdivisions and House Builds [22:31] Case Study 5: Western Australia Female - NDIS Apartments [24:10] Case Study 6: Queensland Male - Upmarket Duplex with SMSF Investors [26:08] Case Study 7: Victoria Female - Subdivision and Townhouses with Multiple Investors [28:08] Case Study 8: New South Wales Female - Five Townhouses with Equity Partners [30:34] Case Study 9: Victoria Male - Duplex with Residential Finance [33:25] Case Study 10: Queensland Couple - 13 Lot Subdivision [34:37] Summary and Upcoming Joint Venture Workshop Announcement [36:45]  See omnystudio.com/listener for privacy information.

In this week’s episode, Hilary and Bob discuss when due diligence goes wrong. They share case studies where due diligence went wrong and unpack the importance of thorough due diligence in property development. So join us in this week’s episode where you will learn from one of the most experienced property developers, helping you avoid costly mistakes!  Resources: To register for our free upcoming Masterclass, click here: https://www.propertymastermind.com.au/property-development-foundations-masterclass/ To learn more about our Joint Ventures Workshop we have coming up, please click here: https://www.propertymastermind.com.au/joint-ventures-workshop/ More Episode Info:  Due diligence is a crucial step in any property investment or development process. It involves thoroughly researching and analysing all aspects of a potential development to ensure that it is a sound and profitable opportunity. Before diving into property development it is extremely important to know the significance of due diligence and the consequences that can occur when it goes wrong. There are several key points for thorough due diligence to avoid potential pitfalls and risks. This includes researching the property market, conducting property inspections, reviewing financial documents, and assessing potential risks and challenges. By taking the time to thoroughly investigate all aspects of a potential investment, investors and developers can make informed decisions and mitigate potential risks.   Episode Highlights: Explanation of Due Diligence [05:03] Case Study: Mining Subsidence [07:00] Case Study: Real Estate Agent and Flooding [10:55]   Importance of Checking Zoning [15:02]   Case Study: Stormwater Issues in Large Developments [21:02] Case Study: Competitor's Due Diligence Failure [25:29]  Lessons from Due Diligence Case Studies [27:06] Importance of Feasibility for Financing [31:14] Conclusion and Final Thoughts on Due Diligence [33:03]   About Hilary Saxton: Hilary Saxton is a performance and mindset strategist who motivates, trains, and coaches people who crave knowledge and success in their property and business life. Hilary has had a varied career in property and business spanning at around more than 25 years now. She takes an honest, upfront approach towards both people and process issues. Hilary provides solutions through incremental and transformational change that delivers the success her clients both want and need.   About Bob Andersen:  Bob Andersen (known in the property industry as “The Deal Maker”) is a Property enigma. When it comes to creating financial freedom for his followers, his “thinking” is refreshingly simple. He has the ability to make the seemingly complicated, uncomplicated. Bob has changed the lives of so many people by training them to use property development as a vehicle to build substantial cashflow and long term wealth. This in turn, has given them control over their lives and a lifestyle they could previously only dream about. It has been said that Bob has created more property millionaires in Australia than any other educator / mentee out there through his highly acclaimed property development courses. Thank goodness for Bob! Because there are way too many so-called Property education experts out there. Several, even past students, have ‘borrowed’ Bob’s material in an attempt to ‘be Bob’. As Bob says, “I must have done something right, but you can’t ‘borrow’ over 35 years of experience and over $1 billion worth of projects spread across all states of Australia and in all stages of the property cycle”.      More Resources: To contact us about our investment opportunity, please email admin@propertymastermind.com.au or phone 1300 729 550 If you’re interested in winning a free copy of the book “Secrets of Property Millionaires Exposed”, go ahead and leave a comment or send me an email. We’d love to hear from you! If you liked this episode, or have any comments and/or suggestions on how we can make this better, don’t hesitate to send us an email. For questions/things you’d like us to cover and discuss in this podcast, again, you can send an email at hilary@propertymastermind.com.au If you’re interested in receiving a free copy of the book “Secrets of Property Millionaires Exposed”, send an email to hilary@propertymastermind.com.au!  Or Subscribe and give us some great feedback on YouTube: https://www.youtube.com/channel/UCt31KlQu9azoojEHPLvXgmA   Connect with Property Mastermind:  Property Mastermind Facebook: https://www.facebook.com/PropertyMastermind Property Developer Secrets and Hacks Facebook group: https://www.facebook.com/groups/2581187315284341 Hilary Saxton Facebook: https://www.facebook.com/HilarySaxtonCoach Instagram: https://www.instagram.com/propertymastermind/ YouTube: https://www.youtube.com/channel/UCt31KlQu9azoojEHPLvXgmA Property Mastermind Website: https://www.propertymastermind.com.au/   It has been a pleasure and we look forward to seeing you in the future episodes!See omnystudio.com/listener for privacy information.

In this week’s episode, Hilary interviews Dan King, a successful property developer who transitioned from working full-time to full-time developing. Dan shares his journey, from starting as a spray painter to becoming a thriving property developer. He discusses the importance of tenacity, education, and starting early in the property development industry. Dan's story is a testament to the fact that anyone can achieve success in property development with hard work and the right mindset!    More about the episode: Dan King, a property developer who transitioned from full-time work to full-time development. He provides a fascinating insight into the journey of a determined individual who pursued his passion for property despite not having any family background in the field. Dan's story is not only inspirational but also serves as a valuable lesson for those looking to make a similar transition.   Dan's interest in property dates back to his teenage years, where he found himself drawn to real estate magazines and the potential opportunities that property development offered. Despite not having any direct influence or guidance from family members, Dan's passion for property remained strong, leading him to save up $13,000 from his job as a spray painter to kickstart his journey into property developing.   Resources:  To learn more about our Joint Ventures Workshop we have coming up, please click here: https://www.propertymastermind.com.au/joint-ventures-workshop/ Or to speak with us directly, click here: https://www.propertymastermind.com.au/schedule-an-appointment/ Episode Highlights: Dan King's Background and Transition to Property Development  [02:02] First Property Investment [03:18] Early Work Ethic and Persistence [05:30]   Transitioning to Full-Time Property Development  [06:10]   Lessons Learned from Trading Losses  [09:36] Sacrifices and Fast Progress in Property Development [11:54]  Most Proud Achievement in Property [16:19] Advice to Younger Self  [18:01] Final Thoughts and Summary  [20:22]   About Hilary Saxton: Hilary Saxton is a performance and mindset strategist who motivates, trains, and coaches people who crave knowledge and success in their property and business life. Hilary has had a varied career in property and business spanning at around more than 25 years now. She takes an honest, upfront approach towards both people and process issues. Hilary provides solutions through incremental and transformational change that delivers the success her clients both want and need.   About Bob Andersen:  Bob Andersen (known in the property industry as “The Deal Maker”) is a Property enigma. When it comes to creating financial freedom for his followers, his “thinking” is refreshingly simple. He has the ability to make the seemingly complicated, uncomplicated. Bob has changed the lives of so many people by training them to use property development as a vehicle to build substantial cashflow and long term wealth. This in turn, has given them control over their lives and a lifestyle they could previously only dream about. It has been said that Bob has created more property millionaires in Australia than any other educator / mentee out there through his highly acclaimed property development courses. Thank goodness for Bob! Because there are way too many so-called Property education experts out there. Several, even past students, have ‘borrowed’ Bob’s material in an attempt to ‘be Bob’. As Bob says, “I must have done something right, but you can’t ‘borrow’ over 35 years of experience and over $1 billion worth of projects spread across all states of Australia and in all stages of the property cycle”.    More Resources: To contact us about our investment opportunity, please email admin@propertymastermind.com.au or phone 1300 729 550 If you’re interested in winning a free copy of the book “Secrets of Property Millionaires Exposed”, go ahead and leave a comment or send me an email. We’d love to hear from you! If you liked this episode, or have any comments and/or suggestions on how we can make this better, don’t hesitate to send us an email. For questions/things you’d like us to cover and discuss in this podcast, again, you can send an email at hilary@propertymastermind.com.au If you’re interested in receiving a free copy of the book “Secrets of Property Millionaires Exposed”, send an email to hilary@propertymastermind.com.au!  Or Subscribe and give us some great feedback on YouTube: https://www.youtube.com/channel/UCt31KlQu9azoojEHPLvXgmA   Connect with Property Mastermind: Property Mastermind Facebook: https://www.facebook.com/PropertyMastermind Property Developer Secrets and Hacks Facebook group: https://www.facebook.com/groups/2581187315284341 Hilary Saxton Facebook: https://www.facebook.com/HilarySaxtonCoach Instagram: https://www.instagram.com/propertymastermind/ YouTube: https://www.youtube.com/channel/UCt31KlQu9azoojEHPLvXgmA Property Mastermind Website: https://www.propertymastermind.com.au/   It has been a pleasure and we look forward to seeing you in the future episodes!See omnystudio.com/listener for privacy information.

Clarifying financial goals and assessing risk are crucial steps in the process of investing in property development. These steps help individuals determine what they want to achieve with their investments and understand the level of risk they are willing to take on.   When it comes to clarifying financial goals, individuals should ask themselves questions such as: What am I looking to achieve with my investments? Do I have short-term or long-term financial goals? Am I looking to generate passive income or build wealth over time? By answering these questions, individuals can establish clear objectives for their investments and create a roadmap for achieving their financial goals.   In this week’s episode, Hilary and Bob talk about what to do if you have money to invest but don’t know where to put it. They dive into the important considerations for investing in property development projects. They cover topics such as clarifying financial goals, assessing risk tolerance, and the significance of conducting due diligence before investing. So if you’re curious about joint ventures and creative strategies in property development you won’t want to miss this week’s episode!  Episode Highlights:   Have money to invest but don’t know where to put it?  [01:23] Upcoming Joint Ventures Workshop [03:36] Understanding Investment Goals and Objectives[05:02]   Joint Ventures and Profit Sharing  [06:25]   Types of Investment Structures and Returns  [09:35] Impact of Past Experiences on Risk Tolerance [14:01]  Importance of Asking the Right Questions [19:42] Tips for Creating Effective Information Memorandums  [24:34] Recap of Joint Ventures Workshop and Key Points [28:44] Listener Question: Estimating Costs for Underground Car [30:08] Types of Underground Parking and Costs [33:10] Advice for New Property Developers [36:56] Wrap-Up and Farewell [38:23] If you would like to learn more about our upcoming Joint Ventures Workshop please click here https://www.propertymastermind.com.au/joint-ventures-workshop/See omnystudio.com/listener for privacy information.

In this week's episode, Bob and Hilary discuss Joint Ventures, the good, the bad and the ugly! They break down the things you need to know to ensure you have a great outcome, things to look out for to ensure things don't go bad and of course, how to stay away from 'the ugly joint ventures'. This episode is very useful and we hope you enjoy the listen.  To learn more about our upcoming Joint Ventures Workshop, click here: https://www.propertymastermind.com.au/joint-ventures-workshop/ To access our Property Development Masterclass, email admin@propertymastermind.com.au  To learn more about Hilary Saxton and her book, 3 Wines In, click here: https://hilarysaxton.com/3-wines-in/See omnystudio.com/listener for privacy information.

In this week’s episode, Hilary talks about how your relationship with money will impact your life. Hilary shares personal insights and experiences, highlighting how our subconscious beliefs about money can influence our behaviour. She unpacks the common misconceptions about money and its role in our lives. So if you are stuck in a negative money mindset you won’t want to miss this week’s episode! Join us to gain valuable insights and practical tips for a healthier financial future!   To register for our upcoming Joint Ventures Workshop in Sydney, click here: https://propertymastermind.activehosted.com/f/134   More Podcast Info From Property Mastermind: So, you know how our attitude towards money can totally shape our future success, right? It's a deep-seated thing in our brains that affects how we deal with cash and make financial choices. Our upbringing, what society tells us, and even our own habits can play into this whole money mindset thing. Basically, if we're stuck in a negative money mindset, like constantly splurging or holding onto every cent like it's the last, it can seriously mess with our financial game. But here's the kicker: we have to be aware of our mindset towards money. Once we clock where our money beliefs are coming from, whether they're helping us or hurting us, we can start making changes. There are strategies, like being thankful for what we've got, flipping negative thoughts, and surrounding ourselves with positive money vibes to level up our mindset that can help us break the cycle of our money mindset. This episode is also available on Youtube, Apple and Spotify. Search "Property Mastermind Podcast with Bob and Hilary" to learn more.See omnystudio.com/listener for privacy information.

Property development is a lucrative investment strategy. One way to accelerate your property development success is through Joint Ventures. Joint Ventures involve partnering with other investors or developers to pool resources, access additional capital, share risks, and leverage each other's expertise and networks. This can help take on larger projects, move faster, and achieve greater success in a shorter amount of time. In this week’s episode, Hilary and Bob discuss how to use joint ventures in property development. They share insights on why joint ventures can be a game-changer in the property industry and provide tips on how to leverage them effectively. So if you’re ready to take your property development to the next level, you won’t want to miss this week’s episode! Learn from the industry's best and discover the secrets to being a successful property developer.   Resources: To register for the Joint Ventures event, please click here: https://propertymastermind.activehosted.com/f/134   Episode Highlights: Bob’s tip of the week [02:28] Using joint ventures for development [06:26] Joint venture partnership models [12:11] Creative property development strategies [20:39] Equity partnership dynamics [33:14] Impact of communications in partnerships [35:57] Having investors lined up [41:45] Setting up property structures [45:16]See omnystudio.com/listener for privacy information.

In this week’s episode Hilary and Bob discuss the impact council can have on your property development. They dive into the positives, negatives, and ways to ensure a positive outcome with councils. They also share personal experiences and tips for dealing with councils effectively. So join us in this week’s episode to uncover the secrets to navigating council approvals and maximising your property development success in this insightful podcast episode!    Episode Highlights: Bob’s tip of the week  [02:36] The impact of council on property development  [05:30] Bob’s experience with a challenging council approval process  [16:00]   Positive experiences with councils and the importance of good relationships [23:00]   Overview of the council approval process and the benefits of fast-track options [30:00] Highlighting the use of splitters for property development without council involvement [36:50]   To contact us, email admin@propertymastermind.com.auSee omnystudio.com/listener for privacy information.

In this week’s episode Hilary and Bob discuss overcoming hidden property development hurdles. They discuss key insights that can help you navigate the challenges and succeed in your property development journey. Things like overcoming financial barriers, navigating regulatory hurdles, and overcoming the fear of failure. So if these things are getting in the way of your property development journey, join us in this week’s episode and learn how to overcome the fear of failure and take action in property development!See omnystudio.com/listener for privacy information.

In this week’s episode Hilary and Bob discuss important considerations for your property development success. From risk management to diversification and strategic planning, they cover it all! These takeaways serve as guiding principles to help you make informed decisions, mitigate risks, and achieve your long-term goals. So don’t miss this week’s episode where you will learn valuable insights and tips on navigating the world of property development.   Episode Highlights: Bob’s tip of the week [01:29] Risk Management in Property Development  [03:21] Market Risks and Interest Rates  [07:04]   Dealing with Councils and Pre-lodgements [08:01]   Mitigating Market Risks  [10:01] The Importance of Diversification [14:02]  Long-Term Strategic Planning in Property Development [18:11] The Significance of Having a Strategic Plan [24:35] Reviewing and Adapting Strategic Plans [27:10] Recap [34:17] See omnystudio.com/listener for privacy information.

In this week’s episode Hilary and Bob discuss why 2024 is a fantastic time to get into property development. They discuss why 2024 is an ideal year to start property development, covering economic and population factors emphasising on the impact of interest rates and inflation.  So if you are curious whether or not you should jump into the property development pool in 2024, you won’t want to miss this week’s episode where Hilary and Bob will ease your mind into saying yes to property development!   Episode Highlights: Bob’s tip of the week [03:37] How will the economy affect development for 2024?  [06:58] Why is it good for interest rates to increase?  [13:50]  How is the cost of borrowing money affecting the market?  [26:44]  How does replacement value play into development?  [33:02] Do you think investors and people buying houses are back into buying?  [35:50] Upcoming Masterclass [39:28] To learn more about our free property development event we are hosting on April 6th, please click here: https://www.propertymastermind.com.au/online-property-development-masterclass/See omnystudio.com/listener for privacy information.

Investing in quality commercial developments is crucial for long-term success and profitability in the real estate industry. Commercial properties, such as office buildings, retail spaces, and industrial facilities, offer unique opportunities for investors to diversify their portfolios and generate consistent income streams.   In this episode, we will discuss the importance of investing in quality commercial developments and the benefits they can provide to investors. One of the key advantages of investing in quality commercial developments is the potential for higher returns on investment. Commercial properties often have longer lease terms and higher rental rates, which can result in greater cash flow for investors. Additionally, well-maintained and well-located commercial properties tend to appreciate in value over time, providing investors with capital appreciation opportunities.   In this week’s episode Bob and Property Mastermind Mentor Aaron Ralph discuss how to develop commercial projects. They delve into the world of commercial development, offering insights and tips for listeners. They also discuss the importance of investing in a good quality umbrella after Bob’s mishap with a cheap one. So if you are curious about industrial properties and ready to discover the ins and outs of commercial development, you won’t want to miss this week’s episode!      Episode Highlights:  Bob’s tip of the week [02:18]  How to develop commercial projects [03:13]  Who is Aaron Ralph? [03:28]  What type of commercial properties or developments are out there? [04:40]  What is an anchor tenant? [07:10]  Why industrial? [17:34]  Once you start the project, how long does it take to get the project completed? [23:52]  Return on cost [26:57]  What's the profit running on a very conservative feasibility? [29:30]    Resources: To learn more about our property development event we are hosting on April 6th, please click here: https://www.propertymastermind.com.au/online-property-development-masterclass/    If you’d like to contact us about investing opportunities, please email us at admin@propertymastermind.com.au or click here: https://www.propertymastermind.com.au/schedule-an-appointment/See omnystudio.com/listener for privacy information.

Having a plan for your future is vital no matter what your age. This week in episode 141, Hilary and Bob discuss retiring at any age using property development. They offer a fresh take on retirement, advocating for semi-retirement and the impact of passive income. The conversation unfolds, positioning property development as more than just an investment route, it's a quest for financial liberty where flexibility is the compass. They lay out the roadmap for earning substantial profits by buying under market value and caution against the temptation of short-term wins, instead endorsing the enduring rise in property values. The episode concludes with an open invitation to their commercial development webinar which is held this Thursday March 21st that promises to expand on these dialogues, serving as a beacon for listeners to act promptly, sculpting their retirement dreams into reality.   Click here to register for our upcoming webinar on How To Develop Commercial Projects:  https://www.propertymastermind.com.au/how-to-develop-commercial-projects/See omnystudio.com/listener for privacy information.

Return on cost (ROC) is a crucial metric in property development that measures the profit of a project as a percentage of the total cost. It is essential for both investors and developers to understand and calculate ROC accurately to assess the financial viability of a property development venture. The importance of annualising return on investment (ROI) is a key factor that is often overlooked or misunderstood by stakeholders in the industry.   Annualising ROI is crucial for accurately evaluating the profit of a project over a specific time period, typically one year. This is important because it allows investors and developers to compare the return on their investment to other investment opportunities or benchmarks, such as the interest rate offered by banks. By annualising ROI, stakeholders can make more informed decisions about the potential returns and risks associated with a project.   In this week’s episode Hilary and Bob discuss how to understand profit in property development. They share insightful tips and insights on the topic, including a reminder not to judge a person by their car! So stay tuned to learn from the legendary Bob Anderson, gaining valuable knowledge about maximising profit in property development.     Episode Highlights: Bob’s tip of the day [01:10] How to understand profit in property development [03:38] Clarifying the email offer [04:59] Explaining return on cost (ROC) [08:02] Return on equity vs. return on investment [09:44] The significance of ROC in property development [13:07] Differentiating between loan and equity partners [13:51] The structure of equity partnerships in development [17:32] Final thoughts and upcoming webinar [26:11]   Resources: To learn more about our upcoming webinar; How To Develop Commercial Projects please click here: https://www.propertymastermind.com.au/how-to-develop-commercial-projects/ For more information about Hilarys book 3 Wines In, how to increase your self confidence today without the hangover tomorrow, please click here: https://hilarysaxton.com/3-wines-in/ To get inspired and to start taking action, listen to Hilarys podcast: Bounce Back Better. Available on Apple, Spotify or wherever you get your podcasts.See omnystudio.com/listener for privacy information.

Sorry to this weeks listeners, our audio quality isn't up to its usual standard. If you lower the volume in your ears, it's not too bad! Town planners play a crucial role in navigating planning schemes for property developers. Planning schemes are put in place to provide order and structure to the development process, ensuring that developments comply with regulations and guidelines set by local councils. Town planners, both those working for councils and those in private practice, help developers understand and navigate these planning schemes to ensure their projects are successful. Town planners also play a critical role in helping developers understand the boundaries of the planning scheme and identify potential opportunities to deviate from the plan while still meeting regulatory requirements. They can provide valuable insights and guidance on how to navigate these gray areas and work with councils to achieve the desired outcomes for a development project.   In this week’s episode Hilary and Bob discuss are all town planners created equally. They explore the differences between council town planners and private town planners as well as the roles, responsibility and interactions with both types of town planners, shedding light on the importance of understanding their functions in property development. So don’t miss this week’s episode where you can get the inside scoop on town planners and their role in property development.  Episode Highlights: Bob’s tip of the week [01:16] What do town planners do? [01:58] What is the reason for vague plan scheme?  [04:48]   Do all town planners do the same things or do they have their own specialties?  [07:40]  Does experience matter when choosing a town planner?  [11:09] Does their experience reflect in their pricing?  [15:01] How do you know if you are getting the right town planner?  [19:28] Have their roles changed?  [23:06] Are town planners a certain type of person? [25:10]  See omnystudio.com/listener for privacy information.

In property development there is such a diverse range of professionals who all are on the road to achieving the same goal, seeking financial freedom through property development. These professionals come from various backgrounds, including the medical profession, IT, education, construction, and more. Despite their different career paths, they all share a common goal of increasing their income, improving their lifestyle, and achieving a better work-life balance.   One notable aspect of the diverse group of professionals on the path to property development is the increasing presence of women in the property development industry. Initially, the Property Mastermind Mentoring group was predominantly male, but Bob made a conscious effort in his program to encourage more women to join.    In this week’s episode Hilary and Bob discuss who is property developing. They delve into the diverse world of property development and discuss the evolving demographics of property developers. This is a great episode and you won't want to miss out!    Episode Highlights: Bob’s tip of the week [01:30] Who has been your biggest demographic? [03:41] Why do you think this was the biggest demographic during this time? [05:26]  What jobs were this demographic doing?  [06:34] Women traditionally are in the renovation scene [10:39] Property investment demographic  [14:16] Joint ventures workshop [28:13] Be a doer, not a talker [28:58]   In this episode, Hilary touches on our Joint Ventures Workshop we have coming up. Tickets are not yet released, however if you would like to pre-register, please click the link below: https://propertymastermind.activehosted.com/f/134   To learn more about us, check out our website: www.propertymastermind.com.auSee omnystudio.com/listener for privacy information.

Listen and Subscribe: Spotify | Apple Podcasts | YouTube On this week's episode, Hilary talks about what stops you from property developing. With years of experience she provides valuable insights and thought-provoking questions to help listeners uncover the reasons behind their hesitations. Whether it’s fear, self-sabotage, lack of knowledge or other factors, Hilary offers practical solutions and encourages listeners to take small steps towards their property development goals.    In today's fast-paced and often impersonal world, it can be easy to put up walls and protect ourselves from vulnerability. We may fear being judged, rejected, or hurt if we show our true selves to others. However, it’s important to let down our guard and allow ourselves to be vulnerable.   This is also true when it comes to pursuing property development. The fear of the unknown can stop you in your tracks when you are looking to pursue more in life, but why let that stop you? If we take small steps towards our goals and the things we want we can break away from the vulnerabilities and pursue the things we love in life.   So tune into this week’s episode where you will gain clarity, challenge limiting beliefs and discover why you should believe in yourself and your ability to become a successful property developer.    Episode Highlights: What stops you from property developing  [02:02] People believe they need a certain amount of money  [05:41] The fear of making a mistake or taking action [10:56]   Make sure you start with a plan  [13:32]  Someone who doesn’t like change  [19:21] Takeaways  [23:55]   In this episode, Hilary mentions Atelaite & Sione Kepu. You can learn more about these 2 here: https://www.propertymastermind.com.au/podcast/ep-122-a-property-developers-journey-an-interview-with-mentoring-students-atelaite-and-sione-kepu/   To book in for a free clarity call with Hilary, please click here:  https://www.propertymastermind.com.au/schedule-an-appointment/   Thanks for listening. We look forward to seeing you in future episodes!See omnystudio.com/listener for privacy information.

Over the last decade, Property Development has become a wealth strategy that anybody can achieve. That’s no different when it comes to mentoring student Alex Kempson. During the pandemic, he noticed the abundance of development projects in his area and began to explore property development as an option for him. At first Alex took the traditional approach and invested in real estate by purchasing properties and holding onto them long-term. However, witnessing the rapid pace of development and the potential for significant returns, he became intrigued by the idea of becoming a property developer and that’s where his development journey began! On this week's episode, Bob sits down with Alex Kempson, a current mentoring student who is embarking on his first property development project. Alex shares his experience and insights into the world of property development, highlighting the importance of location and discussing the unique features of his upmarket duplex project. Tune in to learn more about Alex's journey and gain valuable knowledge about what it takes to be a successful property developer. Episode Highlights: What type of project is Alex working on? [01:42] What makes this a special duplex? [02:06] Who’s your likely buyer to be? [03:02] What stage is your project in at the moment? [03:33] How is communication? [04:19] What made you want to be a property developer? [05:14] How did you get involved with Property Mastermind? [06:30] Alex’s family background [07:05] How supportive is your wife? [07:42] What skills do you think you brought with you to property development? [09:17] The importance of organization [11:11] Are you looking for future projects? [12:32] How has it been developing in a different area than where you live? [17:49] Was there competition with your current project? [21:37] What is your business name? [29:40]   To learn more about Alex, check out his website here: https://hillsidepropertygroup.com.au/ To learn more about the Property Mastermind Mentoring Program, click here: https://www.propertymastermind.com.au/schedule-an-appointment/See omnystudio.com/listener for privacy information.

Calling all property enthusiasts! The Property Mastermind podcast is here and it’s packed with valuable insights! Bob and Hilary share their experiences, discuss the power of self-belief and offer advice for aspiring property developers. We all know how much time and effort has to go into property development. And with anything in life, there will always be ups and downs along the way. But why fall into these pitfalls when you can gain valuable insights from some of the best in the business! In this week's episode, Bob and Hilary dive into their current projects they’re developing and more importantly why. They provide updates on a duplex project in the Sunshine Coast, an Industrial Project, and an Over-50s Lifestyle Resort. They share insights into the challenges and successes they have experienced throughout the development process and they also mention their involvement in mentoring students and the opportunity for listeners to invest in their projects. So join us in this week’s episode where you will get an exclusive look into their property development journey! Episode Highlights: Bob’s tip of the week  [02:21] How they found their duplex project  [05:52] How did they find the deal?  [07:13] What's the build time?  [09:01]  Why did they choose that location?  [09:22] Why does an industrial project have a higher margin?   [15:09] Why are industrial properties in high demand?  [19:52] Where are they at with the retirement village?  [22:52] How did you come by the retirement village?  [31:20] Working with Bob & Hillary and their education programs [37:48] To learn more about our upcoming Joint Ventures Workshop, please click here: https://propertymastermind.activehosted.com/f/134 To check our Hilarys Bounce Back Better podcast click: here for Spotify and here for Apple Throughout the episode, we also touched on Hilary’s new book, 3 Wines In. To learn more click here: www.hilarysaxton.com About Hilary Saxton: Hilary Saxton is a performance and mindset strategist who motivates, trains, and coaches people who crave knowledge and success in their property and business life. Hilary has had a varied career in property and business spanning at around more than 25 years now. She takes an honest, upfront approach towards both people and process issues. Hilary provides solutions through incremental and transformational change that delivers the success her clients both want and need. About Bob Andersen: Bob Andersen (known in the property industry as “The Deal Maker”) is a Property enigma. When it comes to creating financial freedom for his followers, his “thinking” is refreshingly simple. He has the ability to make the seemingly complicated, uncomplicated. Bob has changed the lives of so many people by training them to use property development as a vehicle to build substantial cashflow and long-term wealth. This in turn, has given them control over their lives and a lifestyle they could previously only dream about. It has been said that Bob has created more property millionaires in Australia than any other educator / mentee out there through his highly acclaimed property development courses. Thank goodness for Bob! Because there are way too many so-called Property education experts out there. Several, even past students, have ‘borrowed’ Bob’s material in an attempt to ‘be Bob’. As Bob says, “I must have done something right, but you can’t ‘borrow’ over 35 years of experience and over $1 billion worth of projects spread across all states of Australia and in all stages of the property cycle”. Resources: To contact us about our investment opportunity, please email admin@propertymastermind.com.au or phone 1300 729 550 If you’re interested in winning a free copy of the book “Secrets of Property Millionaires Exposed”, go ahead and leave a comment or send me an email. We’d love to hear from you! If you liked this episode, or have any comments and/or suggestions on how we can make this better, don’t hesitate to send us an email. For questions/things you’d like us to cover and discuss in this podcast, again, you can send an email at hilary@propertymastermind.com.au If you’re interested in receiving a free copy of the book “Secrets of Property Millionaires Exposed”, send an email to hilary@propertymastermind.com.au! Or Subscribe and give us some great feedback on YouTube: https://www.youtube.com/channel/UCt31KlQu9azoojEHPLvXgmA Connect with Hilary Saxton: Property Mastermind Facebook: https://www.facebook.com/PropertyMastermind Property Developer Secrets and Hacks Facebook group: https://www.facebook.com/groups/2581187315284341 Hilary Saxton Facebook: https://www.facebook.com/HilarySaxtonCoach Instagram: https://www.instagram.com/hilarysaxtonproperty/ LinkedIn: https://www.linkedin.com/in/hilary-saxton/ YouTube: https://www.youtube.com/channel/UCt31KlQu9azoojEHPLvXgmA Property Mastermind Website: https://www.propertymastermind.com.au/ It has been a pleasure and we look forward to seeing you in future episodes!See omnystudio.com/listener for privacy information.

Life often includes journeys into the unknown and we’ve all been through moments where we wish we could hit the rewind button. But what if we could shift the perspective a bit and focus on avoiding moments of “opps” and “oh nos”?    Here’s a vital piece of advice: dive into conversations with people who’ve danced the same life beats. Learn from their stories of trial and error, so you can navigate your own journey with a touch of more expertise. Think of it as getting insider tips for the grand adventure of life!    In this week's episode, Bob and Hilary discuss Bob’s biggest property development regrets. Bob reflects on the lack of available education when he started and expresses a desire for seeking more advice in the early days. The discussion extends to the importance of selecting consultants never based on price and more on the quality of their work. These are just a glimpse of the insightful topics covered by Bob in this week's episode. Listen now and learn from his regrets and pave your own path!   Episode Highlights: Bob’s tip of the week  [01:46] Free goal setting session [02:56] Developing for replacement value, what does that mean? [04:41] The impact of market conditions on feasibilities and financing  [12:13]   The role of financiers in adjusting margins [18:06]  The increase in housing demand and its effect on prices  [22:31] The importance of replacement value in property sales  [25:43] Generalising the market conditions and looking ahead to 2024  [28:23] Recap [29:16]  To learn more about our upcoming Joint Ventures Workshop, please click here: https://propertymastermind.activehosted.com/f/134See omnystudio.com/listener for privacy information.