How to Do a Property Development When You Don’t Have Enough Money: Joint Ventures Explained
Not enough money for a property development? Bob Andersen’s first two deals were joint ventures with none of his own cash. Vendor finance, equity partners, loan partners and syndicates explained, with three live projects worth up to $19 million.
Ep 271 – Are You Walking Away From Deals You Could Actually Do?
Bob Andersen and Hilary Saxton on why the problem is rarely the deal, it is trying to do it alone. Bob’s first two joint ventures, three live syndicated projects worth up to $19 million, and why the financier is the best JV partner you will ever have.
We Asked ChatGPT to Run a Real Property Development Feasibility. It Was $729,000 Off.
Can AI do your property development feasibility? We gave ChatGPT a real duplex site we had already built and sold. The real profit was $604,000. The AI said a $125,000 loss. Here is why, and how developers should actually use AI.
Ep 270 – Can ChatGPT Do Your Property Development Feasibility? (We Tested It Live!)
Hilary Saxton and Aaron Ralph test the newest ChatGPT model on a real duplex feasibility the team has already built and sold. The real result was a $604,000 profit. The AI said a $125,000 loss. Here is why, and what it means for you.
Ep 269 – Where New Developers Get Stuck: The 5 Big Ones
Bob Andersen and Hilary Saxton unpack the five sticking points that stall new property developers: how much equity you need, development vs retail finance, choosing your patch, why profit is decided at the start, and building the right team.
Ep 268 – Why the Best JV Partner Is Not a Stranger With Money
Bob Andersen and Hilary Saxton on what makes a great joint venture partner, why the wrong money costs more than you think, equity vs loan partners, JVs with a landowner, and where the best partnerships really come from.
Ep 267 – Site Negotiation Secrets Every Property Developer Should Know
Bob and Hilary unpack the negotiating skills every property developer needs, from why conditions can beat price to reading needs versus wants, walking away, and creative deal structures.
Ep 261 – The End-of-Project Funding Trap: What Happens When You Need More Money?
Bob Andersen and Hilary Saxton unpack end-of-project funding: why developers sometimes need a top-up near the end of a project, why it’s normal, and how to structure one. With a real example from their North Harbour industrial build.
Ep 260 – From the Kitchen to Property Development: Ollie’s Story
Hilary interviews Ollie Carruthers, a chef of 30 years who became a full-time property developer through Property Mastermind. His story, his projects, and his advice: just do it.
Ep 259 – What Successful New Property Developers Do Differently
Bob Andersen and Hilary Saxton reveal the six habits that separate new property developers who succeed from those who stall. Episode 259 of the Property Mastermind Podcast.