In this week’s episode, Hilary and Bob continue to discuss how to pick the right builder for your property development. They dive into things to consider such as good communication, timeframes and more. So if you’re interested in property development but not sure where to start, you won’t want to miss this week’s episode! 

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More info about the episode: 

Continuing the conversation from last week, choosing the right builder for your property development project is crucial for success. There are so many things to consider such as timeframes, getting references and even uncovering the maximum revenue limit on builders. That’s why it’s so important to understand the things to look out for when choosing the right builder. 

Other things to consider when getting involved with property development is that there is more than one way to be involved with property development and still make a big profit. Beside becoming a property developer you can always take the path of being an investor.

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Extra Resources: 

To speak with us directly, click here: https://www.propertymastermind.com.au/schedule-an-appointment/

Episode Highlights:

• Continuation from last episode  [03:42]

• Importance of Accurate Documentation [09:05]

• Builder Communication and Reporting [11:42]  

• Inclusions in Builder Contracts [16:10]  

• Tenant Considerations  [21:10]

• Market Conditions and Timing [22:16] 

• Getting Builder References  [25:11]

• Credit Checks and Financial Stability [29:34]

• Communication with Builders [32:26]

• Recap and next steps  [36:33]

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.

Bounce Back Better Podcast: https://episodes.fm/1707096100

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”. 

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It has been a pleasure and we look forward to seeing you in the future episodes!