Managing director of Property Mastermind, Bob Andersen, will divulge the strategy he has used to develop property, no money down and how to attract money like a magnet through joint ventures.
Also discover how Andersen educated himself on property developments when there were no TAFE or university courses on the subject and how he honed the millionaire’s mindset while sustaining his lifestyle as a project manager and real estate agent.

In this episode, here’s what you’ll learn:

01:24
Andersen explains how having no equity was the main issue that held him back before realising he did not need equity at all.

03:30
With no courses focusing on property during his time, Andersen sought out town planners and professional developers as guidance to his decision when investing.

05:18
Andersen shares how he gained the equity to venture into subdivisions, reflecting on books that helped him decide and how an experienced investor taught him how he could never be broke.

12:13
Andersen defines that property has ‘three types’ as he shares the importance of knowing your market.
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16:30
How did Andersen start developing in property with money down, explaining how prioritising your day is key to his success and as he shares some advice he would give himself ten years ago.
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23:03
Andersen expresses the importance of cash flow, explaining why you shouldn’t sell your long term properties as he shares his plans for his future investments.

Show Notes and Credits:
Thanks a million for checking out this episode! Below are the websites and other tidbits that were mentioned in today’s podcast with Bob Andersen. If you have any questions, feel free to leave a comment below and I’ll respond right away!
Show Notes:

Paul Bragg 
Think and Grow Rich
Rich Dad Poor Dad
Gold Coast
Secrets of the Millionaire Mind – T. Harv Eker
Harry Triguboff
Mirvac
Lendlease
Property Mastermind
* Bob Andersen LinkedIn
* Residential Real Estate Development: A Practical Guide for Beginners to Experts.

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Mentionable Quote

This episode was produced by Alex Cooper with narrations and interviews conducted by Tyrone Shum.