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Biggest Legal Mistakes When Buying Property In Australia!
❓ WHAT are they and HOW can you avoid them?
In this episode Ritchie Muir from Lawlab Conveyancing breaks down:
👉 Best special clauses to insert into your contract for sale
👉 Differences in "get out of jail" cards (exiting contracts) across different states & territories
👉 Biggest fails he has seen across thousands of property purchases
👉 Essential due diligence searches to be completed by house buyers
👉 RED FLAGS to look out for when buying a Unit or Townhouse
It's a fairly unique episode - not a subject we've covered in depth before.
Reach out to Ritchie's LawLab Conveyancing through this link:
https://www.lawlab.com.au/refer/j05p8xkj https://www.youtube.com/watch?v=Y6DNrR4dWn8
Discussion Points:
About The Host:
Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.
PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
Resources:
Disclaimer: No Legal, Financial & Taxation Advice
The Listener, Reader or Viewer acknowledges and agrees that:
See omnystudio.com/listener for privacy information.
Sydney Man Buys SIX Investment Properties in 18 MONTHS! His Strategy Case Study!
❤️ Congratulations to Richard Bharata who has bought SIX properties in 18 months!
😂 The best part? He started just as interest rates began rising, yet has already made $500,000 Equity!
In this episode we discuss:
👉WHY he decided to buy Interstate & WHAT he bought - property by property
👉HOW he's consistently bought under-market-value with huge 6-8% yields
👉WHAT Richard recommends new investors do RIGHT NOW to achieve his results
👉WHY most investors won't achieve Richard's results if using big name Buyers Agents
💰Richard has now turned PRO and I'm super proud of him!
👨🎓 I think anyone who wants to live a life of financial happiness will get immense value from Richard's fast yet calculated journey.
Discussion Points:
00:00: Introduction
02:17: The first property
11:52: The second property
14:46: The third property
16:57: Advice for first property
22:29: The fourth property
24:30: Investing fast
28:43: The fifth property
36:52: The last property
43:49: Long-term goals
47:25: Final advice
52:21: Conclusion
About The Host:
Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.
PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
Resources:
Disclaimer: No Legal, Financial & Taxation Advice
The Listener, Reader or Viewer acknowledges and agrees that:
See omnystudio.com/listener for privacy information.
The best loan is not just about the cheapest interest rate!
Setting up your lending strategy so that you won't be capped by the banks after just one or two properties is critical.
Finding a broker who is the best at this is essential.
We'll also discuss the nine essential traits you need to cultivate to become a successful property investor.
Discussion Points:
00:00: Introduction
01:30: Key investor traits
07:28: A mortgage broker: what and why
08:09: Experience as an investor
09:01: Property cycle exposure
09:39: Multiple lending options
10:37: In touch with the market
12:08: Lowest interest rate?
13:18: Don’t cross-collateralize
14:14: Good negotiation skills
15:40: Conclusion
About The Host:
Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.
PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
Resources:
Disclaimer: No Legal, Financial & Taxation Advice
The Listener, Reader or Viewer acknowledges and agrees that:
See omnystudio.com/listener for privacy information.
This interview may completely change your Property Strategy.
😱I was hosted by a big established Buyers Agent & Mortgage Broker who challenged my entire Investing Strategy.
🛑WHAT to buy 🛑 WHERE to BUY 🛑 HOW to buy 🛑 WHY to BUY
Veronica Morgan & Chris Bates from The Elephant In The Room Podcast discuss with me:
👉Are Buyers Agents worth it & how to buy WITHOUT one?
👉What factors truly drive capital growth - FACT vs FICTION?
👉 Should property investors prioritise QUANTITY or QUALITY?
👉 Key MYTHS that "professionals" tell you and the truth behind the data?
👉Why Property Managers can replace a lot of Buyers Agent work, for free?
But the BIGGEST TAKEAWAYS - for those of you building your property strategy and deciding whether to use a Buyers Agent - could be what was said 'between the lines'.
Discussion Points:
00:00: Introduction
04:47: Do you need a buyers agent?
12:50: Off-market deals?
20:29: Using true data
24:50: A property strategy
27:13: Quantity versus quality
30:56: Income growth driving prices?
48:12: Property management
1:02:56: Suburb speculation
1:18:12: Conclusion
About The Host:
Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.
PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
Resources:
Disclaimer: No Legal, Financial & Taxation Advice
The Listener, Reader or Viewer acknowledges and agrees that:
See omnystudio.com/listener for privacy information.
🫤 Everyone always says, “start with a strategy!” - what does that really mean?
💰Let's discuss how to build a property investment strategy to build serious wealth & passive income.
🧮 PLUS, don’t jump onto realestate.com.au or domain.com.au immediately, here's how to strategically conduct suburb research!
Discussion Points:
About The Host:
Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.
PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
Resources:
Disclaimer: No Legal, Financial & Taxation Advice
The Listener, Reader or Viewer acknowledges and agrees that:
See omnystudio.com/listener for privacy information.
😬 I'm still seeing new and experienced investors make this mistake which is costing them both time and money!
❌ Before you half-heartedly invest in your next property please understand this critical error.
🤞 Also, let's talk about TRUST.
👍 TRUST is a huge issue in the property industry. Here’s how to find someone that will sincerely help you, not scam you.
Discussion Points:
About The Host:
Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.
PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
Resources:
Disclaimer: No Legal, Financial & Taxation Advice
The Listener, Reader or Viewer acknowledges and agrees that:
See omnystudio.com/listener for privacy information.
The right exit strategy can accelerate your retirement passive income. But it needs to be considered BEFORE you invest!
In this episode we cover the pros and cons of different property investing exit strategies.
We also discuss how to review an existing property portfolio.
What you should do if you were an accidental property investor and hold properties but don’t know if they are good or bad!
Discussion Points:
About The Host:
Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.
PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
Resources:
Disclaimer: No Legal, Financial & Taxation Advice
The Listener, Reader or Viewer acknowledges and agrees that:
See omnystudio.com/listener for privacy information.
Should you rent out your property through AirBnb for Short Term Rental?
Is this a BETTER property investment STRATEGY than standard Long Term Rentals in Australia?
⚖️ In this episode we discuss TWO PROS & SIX CONS of the AirBnb Property Investment Strategy
✅ Positives:
👉High Yield
👉Flexibility
❌Negatives:
👉Lending Challenges
👉Law Changes
👉Additional Ongoing Costs
👉Additional Upfront Costs
👉Property Manager Fees & Headaches
👉 Difficult Location Selection
💰At the end I give you my conclusion: YES or NO!
Discussion Points:
About The Host:
Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.
PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
Resources:
Disclaimer: No Legal, Financial & Taxation Advice
The Listener, Reader or Viewer acknowledges and agrees that:
See omnystudio.com/listener for privacy information.
Should you invest in a WHOLE Block of Units?
Is this a BETTER property investment STRATEGY than standard houses in Australia?
In this episode we discuss FOUR PROS & SIX CONS of Unit Blocks
Positives:
Negatives:
At the end I give you my conclusion: YES or NO
Discussion Points:
00:00: Introduction
02:16: Higher yield than normal houses
03:24: Manufacturing profit
05:01: Low vacancy rates
05:59: Less land tax
07:10: Care in the construction type
08:11: 8-10% yield needed
10:02: Lending difficulties
13:20: Selling difficulties
14:06: Managing tenants trouble
17:06: Conclusion
About The Host:
Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.
PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
Resources:
Disclaimer: No Legal, Financial & Taxation Advice
The Listener, Reader or Viewer acknowledges and agrees that:
See omnystudio.com/listener for privacy information.
What will the Australian Property Market look like in 10-20 Years?
In this episode we share pay-walled CBA Private Banking Client only insights from Demographer, Bernard Salt:
Australian city by city 2040 population forecasts & the location to BOOM the most!
Types of people who will mostly demand real estate demand in the future
Why home ownership could be a thing of the past
Whether work from home will shift dwelling demand
What types of property to buy now to ensure profits from future dwelling layout
Why inequality is rising and how to be on the right side of the equation
To see the charts check out the YouTube video here: https://bit.ly/3oiHXdK
Discussion Points:
00:00: Introduction
01:24: Big cities grow the most?
04:41: Who will be buying in 10 years?
08:31: Inequality in property
12:49: Why land matters
15:17: A demand for authenticity
18:03: Conclusion
About The Host:
Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.
PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
Resources:
Disclaimer: No Legal, Financial & Taxation Advice
The Listener, Reader or Viewer acknowledges and agrees that:
See omnystudio.com/listener for privacy information.
From the publisher's feed
PK Gupta, a father, husband & property investor, shares his knowledge on building PASSIVE INCOME through property investing.
Learn FREE Strategies and Market Insights backed by data and experience. Each episode provides essential tactics on buying Top 5% Growth & High Cashflow Property and growing your portfolio WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
This podcast is for people who want to remove financial stress so they can do the things they LOVE, with the people they LOVE.
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