Latest / Property Mastermind Podcast with Bob Andersen & Hilary Saxton
Are You Walking Away From Deals You Could Actually Do? (Joint Ventures Explained) | EP 271
In this episode Bob and Hilary unpack Joint Ventures.
Bob goes back to his first two projects, both joint ventures.
The first was a vendor finance deal with a landowner named Tony, who told him "money's the easiest part" and then showed him how to do a four-lot subdivision with a second mortgage instead of a deposit.
The second was an equity partner deal with his sister's boyfriend, where Bob put in no money at all. Then they walk through three syndicated projects.
Ultra Urban has on the go right now: 16 industrial units at North Harbour, a childcare centre refurb, and 24 industrial units at…
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