EP 134: Bob Andersen’s Biggest Property Development Regrets

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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/134

Ep. 175: How Assumptions Can Cost You Money In Property Development

In this week’s episode, Hilary and Bob discuss how assumptions can cost you money in property development. They dive into the potential pitfalls of making assumptions and how it can lead to significant problems if due diligence is overlooked. They also emphasise the importance of thorough follow-up and critical thinking in property dealings and interpersonal interactions. Tune in and learn from real-life mistakes and how to avoid those costly pitfalls!

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Ep. 174 – How Much Money Can You Realistically Make In Property Development

In this week’s episode, Hilary and Bob dive into the question: how much money can you realistically make in property development. They discuss various types of projects, the impact of location, and the importance of understanding profit margins. They also highlight the differences between duplexes, townhouses, and larger developments, as well as strategies for maximising profits through effective financing and investment approaches.

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Ep. 173: From the NRL To Property Developer (with Gary Martine)

In this week’s episode, Hilary and Bob talk with a previous mentoring student Gary Martine. Gary shared insights from his diverse journey and emphasised the importance of relationships in achieving success. Also highlighting how these connections have played a crucial role in both Bob and Gary’s life.

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Kind Words From Our Students

Danny Mourani, NSW

"I loved the course."

I loved the course. It had all the info and more to put myself into a position to look at developing property full time.

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!

Greg Bohlsen

"We were so impressed with the quality of the education that we also signed up for to become one of Bob’s Mentoring Students"

18 months ago we attended Bob’s Development Course knowing absolutely nothing about property development. We were so impressed with the quality of the education that we also signed up for to become one of Bob’s Mentoring Students. Within 6 months we were DA approved; within 18 months we are building 5 x two-storey townhouse on a block of land less than 5kms from the Brisbane CBD, and within 24 months we are looking at a profit of $600K!

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