http://www.westloh.com for more millionaire interviews, plus your free report worth !
In this interview you will discover:
– Different types of property development and which type is the best for you
– The biggest mistakes made by first-time property developers and how to avoid them
– How becoming a property developer can save you thousands in fees and taxes
– How to build your property development portfolio in just a few hours a day
– The Mindset of a successful property developer as compared to a hobbyist property investor
Transcript (extract only – get the full transcript at http://www.westloh.com )
West: Welcome, folks, to today’s interview. And today, I’m very privileged to have with us Mr. Bob Andersen. Now Bob has been involved in property development for a very long time, over thirty years. And he’s in a conglomerate of people who control over billion worth of property. And that’s a super, super impressive stat.
What’s more impressive is Bob not only has a personal portfolio but he’s also doing it day to day and he’s also teaching people how to do it. So we’re very lucky to have Bob with us today. And I want to welcome you to today’s interview, Bob.
Bob: Thanks, West. Great to be here.
West: Absolutely. Now tell us, Bob, when you speak to people and they ask you what it is that you do—because I know you’ve got such a range of skill set—what is it essentially that people need to know about you?
Bob: Well West, primarily, I’m in the property investment, property development area. But ultimately, what I do is I use property development more as a vehicle for getting property investment at cost price whether it’s for myself or for investor clients. Property development is really a vehicle to accumulate the asset class of property, primarily residential property. So yup, I’m a developer but there’s a reason for being a developer.
So what do I do? I’m a developer and I’m an investor and my clients are all investors.
West: So a lot of people who are kind of thinking of getting into development but maybe they’ve only done a couple of residential or maybe they haven’t done any property and they’re looking at getting into something on a small level, is that something that you help people primarily and teach people how to do as well?
Bob: Yeah. I heard Mal saying, “Never pay retail.” So myself, that’s part of the reason I got involved in property development, really. It was a vehicle for getting property investments at a—well, not wholesale price—but absolute cost price.
So people, sometimes they haven’t done a development at all and they’re investors with one or two investments of their own and they see that potentially property development could be a great way of accumulating property investments fast and at cost. So with those people, I have a whole property development education program for those people who want to make the next step up from property investor to just more property developer.
If you enjoyed this interview, please share, rate and comment. Thanks for visiting!
http://www.westloh.com for more millionaire interviews, plus your free report “The Money Mindset” worth !
Video Rating: / 5