EP 119: Student Interview with Tony Crichton
Property development can be daunting, especially when considering involvement from a family member.
However, having a mentor offers guidance and support, helping you navigate challenges and make informed decisions. Involving a family member can strengthen your partnership and enhance your journey so embrace mentorship and family collaboration to boost your confidence in property development!
Having a mentor by your side not only provides you with valuable insights and advice but also offers a sense of security in the often unpredictable world of property development. With their wealth of experience, mentors can help you navigate through potential challenges, identify lucrative opportunities, and make informed decisions.
In this week’s episode, Bob and Hilary interview their student Tony Crichton. Tony talks about his joint venture project with his daughter and how they were put onto the project by an agent, initially thinking it wouldn’t stack up financially. However, after adjusting the retail value of townhouses, they realised it could work!
So if you’re looking for inspiration to take on a property development project, you won’t want to miss this week’s episode!
Episode Highlights:
Student interview with Tony Crichton [01:01]
How did you get on with this site? [02:13]
Reworking the design [07:10]
Retention in a building contract [09:03]
Getting the agent involved [12:56]
What was it like getting started? [14:40]
Was it always supposed to be a joint venture with your daughter? [15:29]
How has it been working with family? [16:03]
What is your biggest takeaway? [16:31]
How is marketing going? [21:11]
Join the mentoring program [22:33]
Upcoming workshop [22:42]
If you would like to get in touch with us, email admin@propertymastermind.com.au or phone 1300 729 550
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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
Jason John Byron
"I know that you have changed my life"
Just wanted to say a huge thanks to the team. They guided me to where I am today launching my 6th development. I know that you have changed my life. It launches today and I am grateful to all that have helped me get there.
Michael Carbone
"WOW"
WOW! Your work has been extremely impressive.
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.
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