EP 114: Cutting Corners on Your Property Development – Is it Worth The Risk?
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In life, you often find yourself considering whether it’s beneficial or necessary to cut corners to reach your end goal. This mindset can extend to property development as well. But you might be wondering, is it truly beneficial to cut corners in the long run?
When you’re embarking on a journey like property development, the allure of taking shortcuts can be tempting. The idea of saving time and resources might seem like a smart move, but as you’ll discover, there’s more to it than meets the eye.
In this week’s episode, Bob and Hilary discuss the topic of cutting corners in property development and whether it is worth the risk. They unpack different areas where corners can be cut, the potential consequences and leave it up to the listeners to decide if it’s worth the risk or not. So stay tuned, you won’t want to miss out on these valuable insights into property development!
Episode Highlights:
- Bob’s tip of the week [01:22]
- Bob’s achievements [03:09]
- What if you were to cut concerns on materials? [08:00]
- What if you use people with less experience? [13:50]
- Does it matter what the particular job is? [19:15]
- Saving money on soil testing [20:23]
- Should you cut corners on education? [31:25]
- Upcoming workshop [35:37]
- Wrap up [36:19]
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 the future episodes!
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EP 164: How To Pick The Right Builder Part – Two
EP 163: How To Pick The Right Builder Part One
EP 162: Why Effective Time Management Will Make or Break Your Property Development Profits
Kind Words From Our Students
Robyn Wawn
"From Bob’s training, I learned there is more than one way to skin the property development cat."
From Bob’s training, I learned there is more than one way to skin the property development cat. I purchased my property with no money and leveraged off creative ways to finance its development and to take it in stages to reach its full potential. I am also team-building with the right professionals to delegate to who provide value for money to get the project underway and stay on track.
Alistaire Baker
"Thank you, Bob!"
I have enjoyed going through the content and in particular the bits about creative finance and structuring deals. Thank you, Bob!
Matthew Leeworthy
"Through Bob’s teaching I have gained so much knowledge and I feel so much more confident in myself."
Bob’s course gave me the confidence in myself to ask investors for money. In the past I have only done projects myself with my own money and banks but now I have built my own investment base. Through Bob’s teaching I have gained so much knowledge and I feel so much more confident in myself.
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