Property Development JV's

Last weekend I went to one of Dymphna Boholts Real estate seminars and met Bob Anderson, a Property Development Guru from Queensland. He did share a wealth of knowledge and made a very good impression on me, so I did a bit more research about his reputation and it is excellent. His has contributed to the June 2012 edition of Your Investment Property Magazine.

What makes Bob unique is that he is a wholesale property developer and investor and he coaches others to do the same. The advantage of developing town houses for a strategy mix of sell and hold (in part) is very effective and rather unique.

He has done one billion dollars worth of projects and has continually  between $60 million and $100 million worth of projects in development.
And he is mentoring other developers at the same time and has written
a book about property development with Luke Anderson. He was featured in Australian Property Investor Magazine (API) as their resident property
development expert. The most successful API article ever published was the 2007 ‘Small Development Guide’.

LEARN FROM PROPERTY DEVELOPER Bob Anderson

Learn from Bob Anderson's vast experience. If you have a few thousand dollars to spare then Bob can offer you a great course, boot camp and some coaching on how to become a small scale property developer and investor yourself. More info at Bob Andersen's website

http://www.propertymastermind.com.au/

PARTNER WITH PROPERTY DEVELOPER Bob Anderson

On the other hand if you don't want to study a lot and don't want to run the risk of chasing your own development project you can become a partner developer with him. The outlay is project dependent. Example: Invest $150k+ with a commitment to buy a developed property at a 10..15% discount for about $ 350k . . 370k in a years time.
This entrepreneurial model allows you to buy a brand new property at discount pricing. Probably the biggest risk compared to developing your own property is that you don't hold title to your land in the first year and that banks are involved and they will hold title while your money sits in a trust fund. Sales price movements will not be an issue if you have a buy and hold strategy. Those who have a mixed strategy of buying two and selling at least one upon settlement could find themselves over exposed if another recession or flood strikes.

Another downside of this otherwise quite attractive investment proposal is that the involvement of banks closes the door on developing a property with your SMSF.

More info at    http://www.propertystrategies.net/portfolio-turbocharger

Copy of an investor's e-mail received from Bob Andersen's mailing list (28 January 2012)

Hi Walter,

Bob Andersen here from Property Mastermind. Here's how you can get involved in a real project and access the benefits of property development without having to do the leg work yourself. Even better, would you like to be looking over my shoulder each step of the way so you can see exactly how its done? If the answer is "yes" or "maybe" then my development program, the Portfolio Turbochargercould be just the thing for you...Six Easy Steps:

• Step 1: We Find a profitable development site

• Step 2: We Do all the feasibilities and due diligence, and present the data to you in an easy-to-understand format

• Step 3: We Source the development finance, leveraging my 30 years of development experience to secure the best deal

• Step 4: The site is purchased and your property is developed in your name; giving you total security of ownership

• Step 5: We Manage the whole development process from start to finish

• Step 6: At completion, you can opt to retain your property as a long-term investment at near to developer's cost price, or sell it for a cash profit

We charge a flat fee for our service, equal to approximately 25% of the development profits, while You retain 75% of the profits.

The key is that YOU are leveraging my 30 years of development experience and my inner circle of contacts built up during that time. You are watching it all unfold right in front of you for the ultimate learning experience. The other huge advantage of this program is that you can be involved with as little as a single townhouse or unit, or you can take multiples or a whole project. This allows many people to access the benefits of property development where they could not afford to do so otherwise. 
On all Portfolio Turbocharger projects I use my personally hand-picked team of consultants; some of the best architects, engineers, and professionals in the market today, and of course at very reasonable prices due to my long-standing relationships with them. The same applies with the builder, financier, solicitors... the list goes on. As the old saying goes, "It's not what you know, it's who you know..." and you will have all my personal contacts working on Your project!

Coorparoo Project Opportunity

This boutique project of 5 townhouses is situated in Rutland Street Coorparoo, less than 4km to the Brisbane CBD, and in very close proximity to rail, schools, supermarkets, and cafe's

Here's what you need to know;KEY NUMBERS (The full Information Memorandum must be read for further explanation)

• $150,000-$170,000 - Investment Required per townhouse. 
• $61,000 - $70,000 - Estimated surplus per townhouse 
  
• $364,000 - $420,000 - Estimated final cost price of new townhouse 
• 12 months - Approx project length

Note: The recent extension of the QLD Governments Builders boost grant of $10,000 per townhouse till 30 April means this project may now apply for the grant and add $10,000 to the bottom line of each townhouse.

Call my associate Ben Smith NOW on 0423 255 461 if you would like a copy of the Information Memorandum and plans etc. He will be taking calls all weekend.

With only 5 opportunities available this project will be allocated quickly.

Kind Regards,  Bob Andersen 

http://www.propertystrategies.net/portfolio-turbocharger

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