Are you walking away from deals you could actu

Good morning Bob, cruises and the road to epis

Book winner: Jared Beckett

The October workshop: property development AND

"My first two deals were joint ventures"

Deal one: vendor finance with Tony, "money's t

Some money but not enough: the tripping point

Make your own luck: selling land to become a d

Deal two: a joint venture with an equity partn

Why people want to do deals with you once you'

Project one: 16 industrial units at North Harb

Finding a lot nobody was selling

An option, a DA before settlement, then the sy

Investors on site at the open day

It's all just paperwork on the side of a norma

Project two: the childcare refurb

A 32-year-old centre, a tenant first, then the

Vandals, flooding, mould, and the silver linin

Higher rent, higher value: the cap rate win

Project three: 24 industrial units at Bundamba

Top-ups: $120k and $350k from investors at int

Why waiting to save up costs you years

The financier is the best JV partner you'll ev

The many ways to cut a joint venture

Wrap up: this is your first duck aligning

How to reach us and the workshop

In this episode Bob and Hilary unpack Joint Ventures.

Bob goes back to his first two projects, both joint ventures. 

The first was a vendor finance deal with a landowner named Tony, who told him "money's the easiest part" and then showed him how to do a four-lot subdivision with a second mortgage instead of a deposit. 

The second was an equity partner deal with his sister's boyfriend, where Bob put in no money at all. Then they walk through three syndicated projects.

Ultra Urban has on the go right now: 16 industrial units at North Harbour, a childcare centre refurb, and 24 industrial units at Bundamba, including the vandalism, the mould, the $120,000 and $350,000 top-ups, and why none of it was a problem. 

The takeaway: the financier already puts in at least four times what you do and only wants an interest return. 

If you are short on the rest, there is a joint venture structure for that, and waiting five or ten years to save it up is the expensive option. 

Learn more about our workshop here: https://www.propertymastermind.com.au/events/property-development-and-joint-ventures-workshop/


Hosted by Bob Andersen and Hilary Saxton of Property Mastermind.

In this episode Bob and Hilary unpack Joint Ventures. Bob goes back to his first two projects, both joint ventures. The first was a vendor finance deal with a landowner named Tony, who told him "money's the easiest part" and then showed him how to do a four-lot subdivision with a second mortgage instead of a deposit. The second was an equity partner deal with his sister's boyfriend, where Bob put in no money at all. Then they walk through three syndicated projects. Ultra Urban has on the go right now: 16 industrial units at North Harbour, a childcare centre refurb, and 24 industrial units at Bundamba, including the vandalism, the mould, the $120,000 and $350,000 top-ups, and why none of it was a problem. The takeaway: the financier already puts in at least four times what you do and only wants an interest return. If you are short on the rest, there is a joint venture structure for that, and waiting five or ten years to save it up is the expensive option. Learn more about our workshop here: <a href="https://www.propertymastermind.com.au/events/property-development-and-joint-ventures-workshop/">https://www.propertymastermind.com.au/events/property-development-and-joint-ventures-workshop/</a> Hosted by Bob Andersen and Hilary Saxton of Property Mastermind.

Want to sky-rocket your property development career? Bob Andersen & Hilary Saxton are here to add value to your property journey, whether it be through high-quality education, guidance, and accountability. Stay tuned for weekly episodes!

Want to sky-rocket your property development career? Bob Andersen &amp; Hilary Saxton are here to add value to your property journey, whether it be through high-quality education, guidance, and accountability. Stay tuned for weekly episodes!

Property Mastermind - All Things Property Development

Property Mastermind Podcast with Bob Andersen & Hilary Saxton

Are You Walking Away From Deals You Could Actually Do? (Joint Ventures Explained) | EP 271