Property Mastermind
Where Investors Become Developers For Bigger Profits!
Are you a property investor ready to take the next step and become a developer? Download my FREE report where I reveal:
HOW TO GET STARTED IN PROPERTY DEVELOPMENT AND AVOID THE 'FIRST-TIMER' MISTAKES THAT COULD THREATEN YOUR INVESTMENT
I'll give you the low-down on what it takes to develop a property to its full potential and how you can do it!
I'm Bob Andersen and in my 28 years experience in property development I've been involved in hundreds of successful property development projects.
(Yes, that's right – hundreds!)
I know what works and what doesn't when it comes to building wealth through property and I also know that there are some serious risks involved in property development.
There are many cowboys around (especially on the Internet...) who will offer to give you their 'expert' opinion on property investment but few who can show real 'runs on the board' and hands-on experience in building a substantial property development portfolio. Keep reading to learn more about how I can help you mitigate the risks and get you on the way to property development profit!
If you've been investing in property for a while, you'll know that the 'natural next step' for many successful investors is to move into development - banks are happy to offer funding up to your 4th, 5th, or even 6th property - after this point you've got to increase your Loan-to-Value Ratio (LVR) to the point where it's worthwhile exploring options that will show a better return on your hard-earned money (especially in this market!).
Property Development is one of those alternatives - you'll still get great property returns and, if you're prudent, a carefully managed (it really pays to 'know the ropes'...) development can net you a serious profit with a relatively low time investment. You'll also be surprised at how little you can start developing with. Property Development isn't just for tycoons - anyone who is thinking about investing in a property should read my FREE report to learn more about the good (and bad...) of developing.
Now, more about my Free Report.
This FREE report is all about giving YOU the information YOU need to make a solid, GROUNDED start in property development.
Here are some of the eye-opening facts you'll discover inside this 'must-read' report:
- Different types of property development and which type is the best for you
- The 8 biggest mistakes made by first-time property developers and how to avoid them
- How becoming a property developer can save you SERIOUS MONEY in fees and taxes
- The risks to keep an eye out for...why an experienced mentor will be able to save you money in the long run
- ...and much more
Simply enter your details to gain Instant FREE Access
How does property development work?
You have searched the web for something to do with property development and located my website. So you have now made your first step.
Firstly let me explain a few concepts.
Property development could be said to require a mix of
- Time
- Money
- Experience
It takes time to find a site and develop it, it takes money (some from you, most from the bank) and it takes experience to know what to do.
TIME
One of the big misconceptions aspiring developers hold is the time it takes to develop a small project (say 2 – 4 townhouses). What you will see me repeat time and time again is that property development is all about 'managing people and managing processes'.
It is the 'people' (architect, engineer, builder etc) who put in the big hours – you just co-ordinate them. Later in this report I will break a typical project into the hours involved in each step – and you will be amazed.
This means that in most cases you can still hold down a full time job and develop a project in your spare time. But beware - after one or two projects the full time job soon loses its appeal. (The profit from a 12 month three townhouse project can often equal a lot more than your current wage, costing you a fraction of the time...)
MONEY
On a typical development loan you would be expected to put in 25% of the costs from your own sources (cash or equity in other property) and the bank will lend the other 75%. A typical 3 townhouse project might require you to put in $250,000 to $300,000 from your own sources.
There are advanced strategies I can teach you where your 'put in' can be a lot less.
EXPERIENCE
Experience comes from doing things – ideally successfully. But you have to start somewhere. That 'somewhere' comes from investing in your education in the subject of property development and getting alongside someone of considerable experience who can advise and guide you and who will let you leverage off their experience. In other words, a mentor. There are many risks that are available when you're developing property. You need someone who has seen all the problems that can occur and knows how to deal with them quickly, efficiently, and with a minimum of time and cost . Read on to learn more...
What are the risks involved for a first-time Property Developer?
Excellent question. There are five key risks you'll need to keep an eye out for if you want to make your first development a roaring success. You'll need to get in contact if you want to know my advanced strategies for dealing with these - but please be aware - you can lose a LOT if you don't have your development managed by someone who knows what they're doing.
Loan Default Risk
Guarantee Risk
If you default on your loan and the bank doesn't make its money back (to the last cent), they'll recover the loss from you and your other preference shareholders.
Delivery Risk
Builder defaulted? Project over budget? Are you running late on delivering the property? You'll be asked to chip in to keep the project on its feet - and I'm not talking lunch money.
Development Risk
I'm sure you've dealt with councils, governments, the taxman, and so on before. If you don't know what you're doing, or haven't done it before, It's a legal nightmare. There's a lot you can do wrong that can delay your project and cost you money.
Market Risk
Simply put, you need to know which properties will show an investment. Is a property noisy? In bad shape? Did you buy sight unseen? Are there upcoming construction projects you weren't aware of that will lower the value of the site? If the end value of the property is less than current market value, you'll be paying the difference.
I've been around the block many, many times when it comes to development, and, yes, I've made mistakes. In this game they can cost you a LOT. Anyone who tells you they haven't is lying. I never make the same mistake twice, though - and if you want to learn from my experience then fill in the form below to gain instant, FREE access to my report on getting started with property development. It's worth the...oh, wait, it's free. Enjoy!
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I respect your privacy and guarantee to never sell, rent, or give your info to a third party (I hate spam as much as you do!)
I know that this report is a critical tool to get
you started on the right track in property
development but don't just take my word for it!
Take a look at what others are saying about How to Get Started in Property Development
I have just finished reading your 41 page e-book on Property Development. I was already convinced that property investment was the vehicle I would specialise in to accumulate wealth, however, I wanted to know more about property development so I could accelerate the process.
There is little or if any literature on property development that takes you through the entire process and helps you start on your journey as a budding developer. The step by step process and the ten year plan in your e-book are an amazing eye opener as to how this industry works and how you can create the wealth I desire for my future.
The fact that you are an expert in your field and have the proven track record of successful project after successful project, I will be calling on you to be a mentor for my first project and would like to challenge anyone to find a better mentor in Australia with the same credentials. I would have no hesitation in recommending this as the "must read" bible for the property development industry.
Dean Dewhurst, Sydney.
Five years ago I decided that my path to financial freedom would be via property investment. I have spent (I like to think invested) over $15,000 during that time on seminars, workshops and a bootcamp. I have also acquired two investment properties.
It wasn't until I read your report "Getting Started in Property Development …", that all my previously scattered thoughts came into alignment. I had become frustrated by the negative financial climate and a lack of growth in the real estate values preventing me from moving forward.
Thanks to your report I have now been able to set realisable goals and have a plan to move forward and readily achieve them, even in the current market. Your logical step by step analysis of using a develop and hold strategy has been enlightening.
I wouldn't say that I have wasted $15,000 on previous 'education' but I would definitely say that it never gave me the clarity of direction and a realisable plan to success that your report has. To that extent the value to me has been greater than $15,000.
I am now undertaking my next step to financial freedom and it's all thanks to your invaluable report.
Mark Crawford. Brisbane.
If you're really ready to move ahead and
dramatically increase your property
investment returns you need to get
your hands on this report.
Just fill in your name and primary email address and you'll be
reading this valuable information in a matter of moments!
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Bob saved my life and made me $400,000 profit when I thought I was going to lose $400,000. In spite of what I had learned I got too gung ho and bought a 'lemon' site – site unseen and interstate. Noisy, bad shape, road widening resumption to name just a few problems. Staring down the barrel of a potential sizable loss I joined Bob's partnership program to give myself the best chance of recovering my money. Using Bob's inner circle of associates (lawyer, architect, planner) and some great negotiation with Council by Bob we achieved an outcome that even shocked the planner. Bob is brilliant. He turned my lemon into lemonaide.
Jack Pyziakos, Melbourne
We were about to give up on our dream. After two years of work, two DA's from two different architectural firms and a not too favourable valuation for our proposed student accommodation project we didn't know where to turn. But a chance meeting with a senior executive from a major financial institution turned everything around. He gave us Bob Andersen's contact details. After an initial meeting Bob declared our scheme unworkable. Two weeks later, after brainstorming with his associates, we had a totally revised, simpler and far superior design. In effect Bob was able to reduce construction costs by 33% ($610,000), increase the on completion net rent by adding 28 bathrooms (up from 4) and thereby increase the end value by $570,000. That's a $1,180,000 turnaround. He's a genius. Learn from the best.
Terence Munro, Brisbane
As head of an investment syndicate I joined Bob's Gold level education and mentoring program prior to commencing a substantial development project. Armed with a huge increase of knowledge I joined Bob's partnership program when it came time to undertake the project. The way he taught me to deal with financiers, consultants etc was awe inspiring. His connections within the industry are at the highest level and I can attest to the fact that his guidance and skill made us tens if not hundreds of thousands of dollars in extra profit.
Colin Minter, Sydney.
"I think many people do not take on property development because they think it is just too hard; some say it's only for people with specific talents or experience. This ebook lays out the principles and the foundations that quickly demystify the 'how to' of property development and removes much of the associated fears that stop people from getting started.. I have read just about every book and property magazine in Australia since I arrived over two years ago and frankly nothing distils all the fundamentals quite like this ebook. I think Bob has a talent for the written word which combined with his hands on experience merges very well to create the platform for a smooth transition into property development for the reader. Acquiring knowledge starts with asking an intelligent sequence of questions. Bob's ebook provides these questions which begin to dispel many of the myths associated with property development. Likewise the more you know the less risk you take on. Bob has a knack of then converting knowledge into an action plan with a clear end state (wealth, retirement, holidays, new career ??) in mind. Bobs material leaves all the sales patter to the numerous wealth spruikers selling you their 'knowledge to riches'; instead providing commonsense and the ability to see a path to realising a greater purpose using property as a mechanism to do so.
Michael Fuller, Sydney.