Show Notes
YOUR VERY OWN PROPERTY DEVELOPMENT MASTERMIND – LESSONS & PROCESSES FROM THE BEGINNER TO THE ADVANCED – FROM A DEVELOPER WITH 35+ YEARS EXPERIENCE!
Topics we’ll be talking about include:
- The Development Process – We’ll unpack the steps and processes you need to know . This one is bound to be juicy, insightful and actionable!
- How to overcome challenges with developing (will be helpful for investors at all levels)
- The State of the Development Industry (including what is happening with builders]
Episode Highlights
8:15 Introduction of Bob Anderson
9:36 Bob’s First Development
19:45 What do you consider as Development?
21:06 What’s your kind of mindset around property development?
23:07 Who are some of the professionals that you need to have on your team?
32:05 How important is mindset in property development now?
38:31 How are you seeing this current market cycle?
48:40 When you talk about development margins, How do you think about the numbers?
59:52 What do you look at when you are first finding a site due diligence and financial fees?
1:05:53 Do you find that some states are more developer friendly than other states?
1:17:44 What feaso programs does Bob like?
1:19:15 Does staging devel cost more to do?
1:22:30 What are the types of exit opportunities in large lot subdivisions?
1:24:57 What is the benefit to a builder of joint venturing?
1:27:34 How do you deal with objections once going to development site advertising?
1:31:02 Where is the best place to find experienced developers to JV with if you have the capital to invest but no experience?
1:39:02 If you’re fortunate enough to develop a few vacant lots of land is it worth building on to sell/or hold or are you better of selling vacant land to buy established property elsewhere?
Episode Resources
Bob Andersen of Property Mastermind – https://www.propertymastermind.com.au/
Other Guests On Our Lives
Chris Gray, Amanda Farmer, Steve Palise, Nathan Birch, Todd Sloan, Cate Bakos, Mike Mortlock, Lloyd Edge, Karen Baldwin, Rob Flux, Kent Lardner, Charley Valher, Bernadette Janson, Pete Wargent, Melinda Jennison, Bushy Martin, Michelle Lewis, Peter Koulizos, Jane Slack-Smith, Joe Tucker, Jordan De Jong, Scott Aggett, Belinda Smith, Jef Miles and more.