Many people see property development as an exclusive club, open only to millionaires and licensed builders. They think, "I don't have millions in the bank," or "I've never swung a hammer," and they walk away from their financial goals before they even start.

But what if these are just myths? What if the real barrier isn't your bank account or your trade skills, but simply the beliefs holding you back?

In this episode of the Property Mastermind Podcast, Bob and Hilary dive deep to bust the biggest myths in property development. You'll learn the crucial difference between a standard home loan and development finance, why the money you need doesn't have to be yours, and how Bob calls "capitalized interest" the 8th Wonder of the World. This episode is a must-listen for anyone who feels stuck, proving that you don't need to be a builder—you just need the right knowledge and mindset.

Links
Attend the 3 Day Workshop on the Gold Coast: https://bit.ly/3UmDhjo 
Chat to Hilary about the current investment opportunity we have: https://link.propertymastermind.com.au/book-a-call
Join the Ultra-Urban Database for upcoming investment opportunities: https://bit.ly/45sqO2F
Head on over to our website to find out more about our workshop and education options: Our Website
Connect with handovers.com: https://handovers.com/

 

Episode Highlights
01:27 - The high-achiever mindset: A story about a 100km ultramarathon and how it relates to the determination needed in property development. 
08:49 - Myth #1 Busted: "You need millions of dollars." 
09:51 - Why development finance is completely different from a standard home loan. 
11:32 - The power of joint ventures: Why the money you use doesn't have to be yours. 
12:14 - Bob's "8th Wonder of the World": A clear explanation of capitalized interest and why you don't need to service the debt monthly. 
13:17 - Myth #2 Busted: "You have to be a builder." 
26:00 - Why many builders join the program—to learn the developer side (finance, acquisition, and management) that they were never taught. 
26:50 - The danger of "theory only": Why many people do courses but fail to take action (and how to overcome it). 
29:36 - What is the real cost of believing these myths and shrinking your dreams into "adult routines"? 

Many people see property development as an exclusive club, open only to millionaires and licensed builders. They think, "I don't have millions in the bank," or "I've never swung a hammer," and they walk away from their financial goals before they even start.
But what if these are just myths? What if the real barrier isn't your bank account or your trade skills, but simply the beliefs holding you back?
In this episode of the Property Mastermind Podcast, Bob and Hilary dive deep to bust the biggest myths in property development. You'll learn the crucial difference between a standard home loan and development finance, why the money you need doesn't have to be yours, and how Bob calls "capitalized interest" the 8th Wonder of the World. This episode is a must-listen for anyone who feels stuck, proving that you don't need to be a builder&mdash;you just need the right knowledge and mindset.
Links
<ul>
<li data-start="333" data-end="613">Attend the 3 Day Workshop on the Gold Coast: <a href="https://bit.ly/3UmDhjo">https://bit.ly/3UmDhjo</a>&nbsp;<a href="https://bit.ly/3UmDhjo"></a></li>
<li data-start="333" data-end="613">Chat to Hilary about the current investment opportunity we have:&nbsp;<a href="https://link.propertymastermind.com.au/book-a-call">https://link.propertymastermind.com.au/book-a-call</a></li>
<li data-start="333" data-end="613">Join the Ultra-Urban Database for upcoming investment opportunities: <a href="https://bit.ly/45sqO2F">https://bit.ly/45sqO2F</a></li>
<li data-start="333" data-end="613">Head on over to our website to find out more about our workshop and education options: <a href="https://www.propertymastermind.com.au/">Our Website</a></li>
<li data-start="333" data-end="613">Connect with handovers.com: <a href="https://handovers.com/">https://handovers.com/</a></li>
</ul>
&nbsp;
Episode Highlights 01:27 - The high-achiever mindset: A story about a 100km ultramarathon and how it relates to the determination needed in property development. 08:49 - Myth #1 Busted: "You need millions of dollars." 09:51 - Why development finance is completely different from a standard home loan. 11:32 - The power of joint ventures: Why the money you use doesn't have to be yours. 12:14 - Bob's "8th Wonder of the World": A clear explanation of capitalized interest and why you don't need to service the debt monthly. 13:17 - Myth #2 Busted: "You have to be a builder." 26:00 - Why many builders join the program&mdash;to learn the developer side (finance, acquisition, and management) that they were never taught. 26:50 - The danger of "theory only": Why many people do courses but fail to take action (and how to overcome it). 29:36 - What is the real cost of believing these myths and shrinking your dreams into "adult routines"?&nbsp;

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

Advertisement