There are different ways an Armchair Developer can invest in a project. One of the most common is as a Loan Partner.
A Loan Partner supplies the required equity, usually by way of cash in the form of a loan to the developer. They are not on title and not on the loan of the project financier. They take no financial risk in the project. Their reward is by way of an interest rate on the funds loaned.
The attainment of true wealth requires the establishment of passive income streams by making your money work for you. Your money to become a loan partner could come from savings, accessing equity in a property usually via a line of credit or accessing funds from a SMSF (Self Managed Superannuation Fund).
Thank you for the opportunity to do business with you.Investing in your project was straight forward, easy to do & although it took a little longer than expected, the returns were good.Your personal expertise allowed the project to go forward at times when others would have faltered.We would consider doing it again.
I have known Bob for six years, I attended Bob’s course, then invested in multiple projects with Bob. Bob is genuine, trustworthy, and pleasant to do business with. Bob always provides timely updates of the project (a great learning opportunity), he also goes extra mile to look after the investors’ interests.Bob’s over 30 years developer experience is invaluable. Bob also has a group of reputable consultants working with him, I am looking forward to investing in Bob’s future projects.
I have known Bob for nearly 5 years and initially had the pleasure of learning from him before an opportunity to invest in a project came up. Apart from providing a healthy return on my investment, the project itself was an invaluable learning opportunity.I have found Bob to be direct, detailed and disciplined in terms of regular and periodic communication, all of which gave me tremendous comfort as an investor. I would welcome the opportunity to participate in future projects if they were to come up.
I have known Bob Andersen for more than 5 years. Over these years I have invested with Bob in several of his projects.The most recent was in Tamworth NSW, where he is developing a retirement village in the beautiful setting along the Longyard Golf course.Bob is good to do business with, is totally trustworthy, implicitly honest, and has always performed and delivered promises made in the agreements.He is excellent in property matters and I am looking forward to my next property project investment with him.
The course has been a game changer. I did some small projects prior to the course and while I made a profit, I left lots of money on the table and wanted to learn how to do better. The skills I have learnt has added value to myself and other people that I work with. Plus I'm having fun meeting and working with many interesting people. I'm very grateful – thanks Bob!
As Bob says, you can't be a shrinking violet. This project is about me having a go at the simplest/entry level of development. I have forged an awesome relationship with JV partners (also Bob's students). The course has helped me to take the first step in property development starting with what my own servicing/capital allows. Bob's course covers the fundamentals of development and guides one through the stages systematically.
Bob's course gave me the confidence in myself to ask investors for money. In the past I have only done projects myself with my own money and banks but now I have built my own investment base. Through Bob's teaching I have gained so much knowledge and I feel so much more confident it myself.
Bob’s property development course helped us to see the possibilities with property development and helped us understand costs associated with building on a challenging site. It gave us confidence in the ability to proceed with builder for this project and how to set ourselves up to become full time property developers.
The Property Mastermind training has given us the confidence and knowledge to positively progress property development. We are able to develop creative strategies and limit our risk, using our heads instead of our hearts. We look forward to the next project after this too, one we have cooking is a JV townhouse development.
I completed Bob’s bootcamp in May 2015 and at the time we had one investment property. In the space of 18 months the portofolio has increased to 22 properties through using Bob’s property development methodologies, systems and strategies. Our portfolio’s value is now over $9,000,000 (and growing!) and all properties have positive cash flow. I am so grateful for Bob’s education, guidance and support. We have successfully applied Bob’s 30+ years of experience with spectacular results.
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 CBD, and within 24 months we are looking at a profit of $600K!
When we first met Bob, we had no capital to do our own projects nor much previous knowledge about property. With Bob's teaching and guidance, we are now well into our first project in a no money down deal which was crafted from Bob's amazing creative strategies playbook. We are now developing property for profit without ever having owned property prior to this. Now that's what you call accelerated learning!
Property Mastermind mentorship program has not only given us the fundamental technical and systematic knowledge to find and develop a 120 unit storage facility project, the personal contact with the mentors has given us the confidence, guidance and support we needed at critical moments to continue to improve ourselves and ultimately make this project happen. The mentors always made us feel welcome and no question was too big or small to ask. This course has accelerated our progress towards having financial freedom. We highly recommend it to anyone who is serious about becoming a developer.