EP 125: How to get started in Property Development

Embarking on your property development journey is a thrilling endeavor and as with anything new, apprehensions often loom large. But why let the fear of the unknown hinder your plunge into an adventure that could redefine your future?  Starting out involves multiple considerations - establishing goals, fostering confidence, getting educated and tackling obstacles head-on. Armed with the right tools and knowledge, success can be within reach even before your journey beginnings!  In this week's episode, Bob and Hilary dive into how to get started in property development. They shed light on the significance of finances, emphasising the impactful role of mindset and the vital role of due diligence plus guarantee that anyone can do it with the right approach and determination. So if you’re eyeing the realm of property development and are feeling a bit uncertain about where to begin, tune in to this week’s episode and discover valuable tips and insights that can pave the way for your development journey!    Resources:  To purchase Hilary's book, click here: www.hilarysaxton.com/3-wines-in To learn more about Bob's experience, click here: https://www.propertymastermind.com.au/bob-vs-others/ To learn more about our $1 Membership Program, click here: https://www.propertymastermind.com.au/the-property-accelerator/ To learn more about our full course, click here: https://www.propertymastermind.com.au/the-bundle/ To chat with Bob or Hilary, click here: https://www.propertymastermind.com.au/schedule-an-appointment/   Episode Highlights: How to get started in property development  [01:46] Property Development updates  [04:26] The first thing to do to get started with property development  [08:57] The second thing you need when starting property development   [16:14]   Finding what your day looks like  [21:39] Why Bob thinks it’s good to start with a duplex [22:58] If you have good experience, should you try something new with your next development? [25:43] What about commercial properties? [29:31] What is one thing you would tell someone to watch out for? [33:56] New masterclass lunching soon [35:11] Bob’s parting comment [37:28]   It has been a pleasure and we look forward to seeing you in the future episodes!See omnystudio.com/listener for privacy information.