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Understanding the various ways to finance a property development project, including utilising 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]

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!