With anything in life there are always pros and cons to weigh out when you’re making a decision, especially when it comes to property development. Property development is one thing but when you start to wonder outside the lines and look into developing outside of your area you want to make sure you know what works and what doesn’t. 

Though it might seem a little scary at first, developing remotely can be a lucrative and rewarding venture for property developers but it requires a strong team to ensure its success. Communication is also critical in remote development, you must be able to effectively communicate with your team on the ground to ensure that the projects are progressing as planned. 

In this week's episode, Bob and Hilary discuss the pros and cons of developing property remotely. They emphasise the importance of having a good team on the ground in the remote location, reductions in stamp duty and council contributions and the potential of tax benefits. So if you have been thinking about expanding your property development but are not sure if it is the right move, you won’t want to miss this week’s episode! 

_______________________________________________

If you’d like to download Hilary’s new ebook, 30 Day Consistency Plan, click here: https://www.propertymastermind.com.au/webdev/wp-content/uploads/2023/05/Property-Mastermind-30-Days-Of-Productivity.pdf

_______________________________________________

 

Episode Highlights:

• Hilary’s new book  [01:06]
• Diversification  [03:11]
• Tax benefits  [04:05]
• Spreading risk   [06:48]
• Investing in WA [10:32]
• The expansion of your network  [11:50]
• Choosing areas with higher rentals  [15:09]
• What about the negatives? [16:24]
• Reminder Ep 101 was skipped [25:13]
• New program, course [25:40]

 

About Hilary Saxton:

Hilary Saxton is a performance and mindset strategist who motivates, trains, and coaches people who crave knowledge and success in their property and business life. Hilary has had a varied career in property and business spanning at around more than 25 years now. She takes an honest, upfront approach towards both people and process issues. Hilary provides solutions through incremental and transformational change that delivers the success her clients both want and need.

 

About Bob Andersen: 

Bob Andersen (known in the property industry as “The Deal Maker”) is a Property enigma. When it comes to creating financial freedom for his followers, his “thinking” is refreshingly simple. He has the ability to make the seemingly complicated, uncomplicated. Bob has changed the lives of so many people by training them to use property development as a vehicle to build substantial cashflow and long term wealth. This in turn, has given them control over their lives and a lifestyle they could previously only dream about. It has been said that Bob has created more property millionaires in Australia than any other educator / mentee out there through his highly acclaimed property development courses. Thank goodness for Bob! Because there are way too many so-called Property education experts out there. Several, even past students, have ‘borrowed’ Bob’s material in an attempt to ‘be Bob’. As Bob says, “I must have done something right, but you can’t ‘borrow’ over 35 years of experience and over $1 billion worth of projects spread across all states of Australia and in all stages of the property cycle”. 

 

Resources:

• To contact us about our investment opportunity, please email [email protected] or phone 1300 729 550
• If you’re interested in winning a free copy of the book “Secrets of Property Millionaires Exposed”, go ahead and leave a comment or send me an email. We’d love to hear from you!
• If you liked this episode, or have any comments and/or suggestions on how we can make this better, don’t hesitate to send us an email. For questions/things you’d like us to cover and discuss in this podcast, again, you can send an email at [email protected]
• If you’re interested in receiving a free copy of the book “Secrets of Property Millionaires Exposed”, send an email to [email protected]! 
• Or Subscribe and give us some great feedback on YouTube: https://www.youtube.com/channel/UCt31KlQu9azoojEHPLvXgmA

 

Connect with Hilary Saxton:

• Property Mastermind Facebook: https://www.facebook.com/PropertyMastermind
• Property Developer Secrets and Hacks Facebook group: https://www.facebook.com/groups/2581187315284341
• Hilary Saxton Facebook: https://www.facebook.com/HilarySaxtonCoach

• Instagram: https://www.instagram.com/hilarysaxtonproperty/
• LinkedIn: https://www.linkedin.com/in/hilary-saxton/
• YouTube: https://www.youtube.com/channel/UCt31KlQu9azoojEHPLvXgmA
• Property Mastermind Website: https://www.propertymastermind.com.au/

 

It has been a pleasure and we look forward to seeing you in the future episodes!

See omnystudio.com/listener for privacy information.