Myths Surrounding Property Development
Like many things in life, when you’re on the outside looking in it can be quite different from the inside looking out. The words ‘property development’ conjure up many myths for many people, particularly for those on the outside.
People might say things like it’s too complex, you need lots of money, you need to be a builder, I’m too young or too old, I’m not a builder or I’m a female and it’s a male bastion. The truth is that these are all misconceptions or what I like to call myths. After 32 years as a developer and having taught over 2,000 people through my property development course, I know plenty about myths and facts. I’m in the mood for dispelling some myths.
Money
You don’t personally need lots of money, you just need to know how to access it from others. I teach a range of creative strategies that teach you how to make great property development profits with little or no money of your own.
Builder
You don’t need to be a builder you just need to engage one. In fact, property development is easier to organise than a renovation. You just deal with one person – the developer. The builder organises all the trades and suppliers.
Age
My developer students range from nineteen to mid-seventies. Age has nothing to do with it. You just need to have the desire and willingness to learn and apply it.
Experience
You don’t need years of experience – you just need a proven system to follow.
Day Job
You don’t have to give up your job to start in property development. In fact, it can be quite handy to have a job to get finance approval on your first project. Some of my students do two projects while holding down a full-time job.
Education
It doesn’t matter what your grades were at school. Maybe you didn’t even pass year 10. You just need to have the desire to knuckle down and follow a proven system
Ethnic Background
It doesn’t matter if you’re sixth generation Australian of just received your citizenship. My developer community looks like the United Nations.
Gender
At least 30% of my students are female. Four of my top six students based on dollar value of projects are female. Women make great developers because of their ability to communicate, organise and multi-task.
Kind Words From Our Students
![Robyn Wawn](https://www.propertymastermind.com.au/nov/wp-content/themes/novel/img/noprofile.jpg)
Robyn Wawn
"From Bob’s training, I learned there is more than one way to skin the property development cat."
From Bob’s training, I learned there is more than one way to skin the property development cat. I purchased my property with no money and leveraged off creative ways to finance its development and to take it in stages to reach its full potential. I am also team-building with the right professionals to delegate to who provide value for money to get the project underway and stay on track.
![Matthew Leeworthy](https://www.propertymastermind.com.au/nov/wp-content/themes/novel/img/noprofile.jpg)
Matthew Leeworthy
"Through Bob’s teaching I have gained so much knowledge and I feel so much more confident in myself."
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 in myself.
![John Comninos](https://www.propertymastermind.com.au/nov/wp-content/themes/novel/img/noprofile.jpg)
John Comninos
"I feel more confident going forward with developing now."
Your course has really gelled the bits and pieces… It’s managed to fill in the gaps in my knowledge and the support manual has been a great help …I feel more confident going forward with developing now.
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