August 23, 2018

186 | Q&A - Should You Pay Down the Principal Loan When Interest Rates are Low? Are Multiple Offset Accounts a Good Idea? PLUS The Step-by-Step Process to Buying an Investment Property!

Listen Later

51 minutes

“The People’s podcast” is EXACTLY that today folks! Because here’s the deal… it’s full-on, gold-packed Q & A Day!!

And we’re diving headfirst into…

Offset accounts —is it a good idea to have multiple offset accounts? And should you offset your highest loan or the oldest loan?
Investing in outer suburbs versus inner suburbs
The step-by-step process of buying an investment property
Buying a home (PPOR) versus an investment property (IP)
Lending — should you pay down the principal of an investment property when interest rates are low?
Why should you join PICA?
TWO amazing Life Hacks from our community!

Oh, folks, we don’t want to pick favourites but even we’ll admit it these are some solid questions from our listeners!

From start to “Knowledge is empowering, but only if you act on it”… this episode is ALL YOURS!

Before we jump into the questions, click here to download Ben’s Data Dive on Better Price Point, Better Location and Better Returns.

Questions from Kyrillos:

If you’re purchasing more than one property, can you get more than one offset account? And if so do you split all the cash between them, or is it wiser to pour in all the cash in the offset against a larger loan?
To do with LocationScore — I’ve gone through and created a Spreadsheet of all of the suburbs within 50km of Brisbane’s CBD and found that most of the better-scored suburbs are actually quite far, in terms of the asset selection criteria you guys talk about. I understand that LocationScore is more of a demand versus supply score, so if you’re a Buy and Hold investor, at a suburb level, is buying in a better location still the better option?
Would you be able to run through the process of buying a property? Could you run through a quick, step-by-step process of what happens when?

LISTEN TO THE FIRST 20 EPISODES HERE >>

MOORR MONEY MANAGEMENT APP:
👉 Apple: https://apple.co/3ioICGW
👉 Google Play: https://bit.ly/3OT86bW
👉 Web platform: https://www.moorr.com.au/

FREE MASTERCLASS:
- How to Build a Property Portfolio and Retire on $2,000 a week >>

FREE BEST-SELLING BOOKS:
- The Armchair Guide to Property Investing
- Make Money Simple Again

FIND US HERE:
- Website
- Instagram
- Facebook
- Youtube

...more

View all episodes

View all episodes

Download on the App Store

Download on the App Store

Get it on Google Play

The Property Couch

By Bryce Holdaway & Ben Kingsley

4.4

1818 ratings

August 23, 2018

186 | Q&A - Should You Pay Down the Principal Loan When Interest Rates are Low? Are Multiple Offset Accounts a Good Idea? PLUS The Step-by-Step Process to Buying an Investment Property!

Listen Later

51 minutes

“The People’s podcast” is EXACTLY that today folks! Because here’s the deal… it’s full-on, gold-packed Q & A Day!!

And we’re diving headfirst into…

Offset accounts —is it a good idea to have multiple offset accounts? And should you offset your highest loan or the oldest loan?
Investing in outer suburbs versus inner suburbs
The step-by-step process of buying an investment property
Buying a home (PPOR) versus an investment property (IP)
Lending — should you pay down the principal of an investment property when interest rates are low?
Why should you join PICA?
TWO amazing Life Hacks from our community!

Oh, folks, we don’t want to pick favourites but even we’ll admit it these are some solid questions from our listeners!

From start to “Knowledge is empowering, but only if you act on it”… this episode is ALL YOURS!

Before we jump into the questions, click here to download Ben’s Data Dive on Better Price Point, Better Location and Better Returns.

Questions from Kyrillos:

If you’re purchasing more than one property, can you get more than one offset account? And if so do you split all the cash between them, or is it wiser to pour in all the cash in the offset against a larger loan?
To do with LocationScore — I’ve gone through and created a Spreadsheet of all of the suburbs within 50km of Brisbane’s CBD and found that most of the better-scored suburbs are actually quite far, in terms of the asset selection criteria you guys talk about. I understand that LocationScore is more of a demand versus supply score, so if you’re a Buy and Hold investor, at a suburb level, is buying in a better location still the better option?
Would you be able to run through the process of buying a property? Could you run through a quick, step-by-step process of what happens when?

LISTEN TO THE FIRST 20 EPISODES HERE >>

MOORR MONEY MANAGEMENT APP:
👉 Apple: https://apple.co/3ioICGW
👉 Google Play: https://bit.ly/3OT86bW
👉 Web platform: https://www.moorr.com.au/

FREE MASTERCLASS:
- How to Build a Property Portfolio and Retire on $2,000 a week >>

FREE BEST-SELLING BOOKS:
- The Armchair Guide to Property Investing
- Make Money Simple Again

FIND US HERE:
- Website
- Instagram
- Facebook
- Youtube

...more

More shows like The Property Couch

Property Investment Podcast Network by Momentum Media

Property Investment Podcast Network

25 Listeners

The Money Puzzle, with James Kirby by The Australian

The Money Puzzle, with James Kirby

45 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

63 Listeners

Property Investment, Success & Money | The Michael Yardney Podcast by Michael Yardney; Australia's authority in wealth creation through property

Property Investment, Success & Money | The Michael Yardney Podcast

28 Listeners

Investopoly by Stuart Wemyss

Investopoly

15 Listeners

money money money by Glen James

money money money

49 Listeners

The Elephant In The Room Property Podcast | Inside Australian Real Estate by Veronica Morgan & Chris Bates

The Elephant In The Room Property Podcast | Inside Australian Real Estate

12 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

17 Listeners

Australian Finance Podcast by Rask

Australian Finance Podcast

29 Listeners

Pizza and Property by P&P Media

Pizza and Property

14 Listeners

this is property by John Pidgeon & Rachelle Kroon

this is property

8 Listeners

Inside Commercial Property by Rethink Investing

Inside Commercial Property

5 Listeners

Scouting Australia Podcast by Australian Property Scout

Scouting Australia Podcast

6 Listeners

Australian Property Podcast by Rask

Australian Property Podcast

13 Listeners

by Hayden Smith & Dave Gow

2 Listeners