AI is quickly becoming the new electricity, and the property developers who learn to use it are pulling ahead of the ones who do not.

In episode 264, Hilary sits down with our business partner and resident AI expert, Aaron Ralph, to unpack how developers can use AI to build a real competitive advantage.

Aaron's tip sets the tone: do not be scared of AI. It is not coming for your job, but learning to use it will keep you ahead. From there they cover why AI is for everyone (not just the tech savvy), where it helps a developer most (research, feasibilities and planning, and cutting through the mountain of information every project demands), and how to actually get started, because the real barrier is not the technology, it is knowing what to ask.

Aaron shares the simplest way in: stop and ask yourself 'can I get AI to do this for me?', then work backwards from what you are trying to achieve. Learn a little basic prompting and you will be surprised how far you can take it. And the team practice what they preach, each working alongside their own AI Agent every day.

A good reminder to finish on: AI can shortcut the research and the busywork, but the mindset and the human decisions are still yours. Have a listen.

Plus Aaron's tip of the week: do not be scared of AI, learn to use it to make your life easier.

 

General education only, not financial, legal or tax advice.

AI is quickly becoming the new electricity, and the property developers who learn to use it are pulling ahead of the ones who do not.
In episode 264, Hilary sits down with our business partner and resident AI expert, Aaron Ralph, to unpack how developers can use AI to build a real competitive advantage.
Aaron's tip sets the tone: do not be scared of AI. It is not coming for your job, but learning to use it will keep you ahead. From there they cover why AI is for everyone (not just the tech savvy), where it helps a developer most (research, feasibilities and planning, and cutting through the mountain of information every project demands), and how to actually get started, because the real barrier is not the technology, it is knowing what to ask.
Aaron shares the simplest way in: stop and ask yourself 'can I get AI to do this for me?', then work backwards from what you are trying to achieve. Learn a little basic prompting and you will be surprised how far you can take it. And the team practice what they preach, each working alongside their own AI Agent every day.
A good reminder to finish on: AI can shortcut the research and the busywork, but the mindset and the human decisions are still yours. Have a listen.
Plus Aaron's tip of the week: do not be scared of AI, learn to use it to make your life easier.
&nbsp;
General education only, not financial, legal or tax advice.

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

How AI Is Giving Property Developers A Competitive Advantage (EP264)

In this episode, Bob and Hilary unpack the million-dollar decisions every developer makes, and how to get them right. Not multi-million-dollar projects, but the aggregation of marginal gains: the compiled decisions that quietly determine whether you succeed.

They walk through buying the wrong site (and why fast is not the same as rushed), buying too early, paying too much, choosing the wrong builder, why the cheapest quote is rarely the best, the wrong joint venture partner, picking your selling agent, and locking in your exit strategy at the beginning instead of the end. Plus the two decisions that bookend it all: knowing when to walk away, and backing yourself to begin.

Bob shares some hard-won lessons along the way, including the 90-day sales agent he could not get rid of, and the rookie subdivision he built his way out of.

It comes down to one thing: you just have to know what you need to know.

Have a listen.

Plus Bob's tip of the week: do not get too cocky picking your State of Origin winners, haha! 

In this episode, Bob and Hilary unpack the million-dollar decisions every developer makes, and how to get them right. Not multi-million-dollar projects, but the aggregation of marginal gains: the compiled decisions that quietly determine whether you succeed.
They walk through buying the wrong site (and why fast is not the same as rushed), buying too early, paying too much, choosing the wrong builder, why the cheapest quote is rarely the best, the wrong joint venture partner, picking your selling agent, and locking in your exit strategy at the beginning instead of the end. Plus the two decisions that bookend it all: knowing when to walk away, and backing yourself to begin.
Bob shares some hard-won lessons along the way, including the 90-day sales agent he could not get rid of, and the rookie subdivision he built his way out of.
It comes down to one thing: you just have to know what you need to know.
Have a listen.
Plus Bob's tip of the week: do not get too cocky picking your State of Origin winners, haha!&nbsp;

In this episode, Bob and Hilary unpack the million-dollar decisions every developer makes, and how to get them right. Not multi-million-dollar projects, but the aggregation of marginal gains: the compiled decisions that quietly determine whether you succeed.

The Million Dollar Decisions Property Developers Make (Ep 263)

Escalation clauses can look like a simple way to keep a builder happy or manage uncertainty. Get one wrong and it can quietly eat your development profit.

In episode 262, Bob and Hilary break down escalation clauses from a developer's point of view: what they actually are, where you will bump into them (usually the building contract), and why builders push for them when material and labour prices feel unpredictable.

Bob shares how he has used escalation on large, staged land purchases, why they rarely suit smaller old-house-on-land projects, and how you can isolate an escalation to specific items like steel and concrete instead of the whole contract.

You will also hear why lenders and valuers love a lump sum fixed price and time contract, and the one feasibility mistake that catches people out: escalating your costs but forgetting to escalate your sale prices. As Bob puts it, a 5% lift on your build is only 5% of 40%, but 5% on your sale price is 5% of 100%.

Plus Bob's tip of the week on procrastination, and why sitting on the fence is the most painful decision of all.

Take the fear out of the fine print. Have a listen, and enjoy. 

Keen to attend out Masterclass on August 15th? Click here to register: https://link.propertymastermind.com.au/propertymastermind-profit-with-property-development-masterclass

Escalation clauses can look like a simple way to keep a builder happy or manage uncertainty. Get one wrong and it can quietly eat your development profit.
In episode 262, Bob and Hilary break down escalation clauses from a developer's point of view: what they actually are, where you will bump into them (usually the building contract), and why builders push for them when material and labour prices feel unpredictable.
Bob shares how he has used escalation on large, staged land purchases, why they rarely suit smaller old-house-on-land projects, and how you can isolate an escalation to specific items like steel and concrete instead of the whole contract.
You will also hear why lenders and valuers love a lump sum fixed price and time contract, and the one feasibility mistake that catches people out: escalating your costs but forgetting to escalate your sale prices. As Bob puts it, a 5% lift on your build is only 5% of 40%, but 5% on your sale price is 5% of 100%.
Plus Bob's tip of the week on procrastination, and why sitting on the fence is the most painful decision of all.
Take the fear out of the fine print. Have a listen, and enjoy.&nbsp;
Keen to attend out Masterclass on August 15th? Click here to register: https://link.propertymastermind.com.au/propertymastermind-profit-with-property-development-masterclass

The Contract Clause That Could Wipe Out Your Profit (Ep - 262)

Most developers think that once the loan is approved, the finance side is done. Bob Andersen and Hilary Saxton explain why that is not always true. Toward the end of a project things can shift: the build runs longer, interest eats into the cap, a variation creeps in beyond your contingency, or sales take longer to settle. Sometimes you need a top up.

In this episode Bob and Hilary break down why end of project funding happens, why it is more normal than people think and rarely fatal, and how to structure a top up through a loan partner. They open the books on their own North Harbour industrial project, where they were $120,000 dollars short near completion, and cover second mortgages, deeds of priority, residual stock loans, and why an industrial development can be a smart home for self managed super.

Free masterclass with Bob and Hilary, Saturday 15 August, register here: https://link.propertymastermind.com.au/propertymastermind-profit-with-property-development-masterclass

Learn more about Mentoring: https://www.propertymastermind.com.au/mentoring-clone/

Chat with us directly: https://link.propertymastermind.com.au/book-a-call

Most developers think that once the loan is approved, the finance side is done. Bob Andersen and Hilary Saxton explain why that is not always true. Toward the end of a project things can shift: the build runs longer, interest eats into the cap, a variation creeps in beyond your contingency, or sales take longer to settle. Sometimes you need a top up.
In this episode Bob and Hilary break down why end of project funding happens, why it is more normal than people think and rarely fatal, and how to structure a top up through a loan partner. They open the books on their own North Harbour industrial project, where they were $120,000 dollars short near completion, and cover second mortgages, deeds of priority, residual stock loans, and why an industrial development can be a smart home for self managed super.
Free masterclass with Bob and Hilary, Saturday 15 August, register here: <a href="https://link.propertymastermind.com.au/propertymastermind-profit-with-property-development-masterclass">https://link.propertymastermind.com.au/propertymastermind-profit-with-property-development-masterclass</a>
Learn more about Mentoring: <a href="https://www.propertymastermind.com.au/mentoring-clone/">https://www.propertymastermind.com.au/mentoring-clone/</a>
Chat with us directly: <a href="https://link.propertymastermind.com.au/book-a-call">https://link.propertymastermind.com.au/book-a-call</a>

How AI Is Giving Property Developers A Competitive Advantage (EP264)

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