https://www.youtube.com/watch?v=XduzJWKv_Fs

Do you need a rental guarantee when investing in property? Why can a rental guarantee actually be a really bad sign and what can you do to make sure your investment property is going to be rented?

0:00 - Introduction0:38 - Always look a rental vacancy rates - https://onproperty.com.au/vacancy1:19 - Why a rental guarantee is generally a red flag2:32 - What you should do when you see a rental guarantee

Transcription:

Ryan 0:00here i am today in brisbane about 12 kilometres from the cbd inspecting another property with granny flat potential as you can see room in the backyard there potentially for a granny flat so this is a really interesting one with already has car accommodation off to the side for a granny flat so all you need to do is add in a path which is what we absolutely love but in today's episode i want to talk about whether or not you need rental guarantees when investing in property and why if you see a property with a rental guarantee you should actually be really wary of that property and that should raise a massive red flag with you so when investing in property a really important thing to look at is the rental vacancy rate of an area this is really easy to find if you go to onproperty com au forward slash vacancy that will actually redirect you through to sqn researchers page where you can search the vacancy rates are different postcodes so you can find out how many properties are vacant in an area you can find out what percentage of the market is vacant myself as well as the team over pumped on property like to use 2% as a benchmark so you want a vacancy rate that is going to be under 2% which indicates that an area is chronically oversupplied so obviously a lot of people get really nervous when investing in property is my property going to be rented so they want to go with something that has a rental guarantee or there's a big illuma when there is a rental guarantee but i want to talk about why this can be a fool's errand and why this can be a red flag there's two general generally two types of properties you see with a rental guarantee the first one is defense housing australia so defense housing australia obviously can offer full rental guarantee basically the government will pay for your property to be rented the downside of defense housing australia is that sometimes the rental yields may not be up to market rate and also the property manager fees can be quite high on that compared to what you would generally find in the market the second and what i consider i guess the more risky rental guarantee is when you see it on a new build property or a house and land package property so when you're seeing one of them advertised and they're saying rental guarantee of 7% rental yield or however much per week they're the ones where you really want to double check your figures massively because that can be a red flag because if someone's selling you a development project with a rental guarantee that money has to come from somewhere they're not doing it out of the goodness of their heart and generally that money comes from the sales price so it comes from you actually purchasing the property so when you see those rental guarantees what you should be doing is a looking at the vacancy rates in the area which we've already talked about but be looking at comparable properties in the area so go on to realestate.com.au and look for properties for rent in the area and try and find a property similar to what the property would be once it's been built and see what they're listed for on realestate.com.au and what they're actually renting for because what you'll often find is that the rental guarantees that are provided are significantly higher than what you would actually get at current market rate so there might be a rental guarantee for one year or two years but after which that your rental income will drop significantly to what the actual market rate is and then i...

https://www.youtube.com/watch?v=M9qPG4FDbQA

Today I want to show you through a small dual occupancy property built on land just over 400 metres squared. One side is a 3 bedroom 2 bathroom home and the other side is a 1 bedroom 1 bathroom granny flat.

Book a Free Property Strategy Session

0:00 - Introduction + property details1:19 - Walkthrough of the 3 bedroom side1:37 - Single car garage + laundry space2:01 - First bedroom + bathroom2:22 - Second bedroom2:47 - Master bedroom3:22 - Kitchen, dining and lounge space4:25 - Alfresco area + backyard5:33 - Walkthrough of the 1 bedroom side6:14 - Lounge and kitchen area6:46 - Bathroom6:55 - Main bedroom7:25 - Who is this property suitable for?

Transcription:

Ryan 0:00hi ryan here from on property and today we are going to do a walkthrough of a small jewel occupancy property so this is a property that the team on pumped on property help picked up for a client actually super interesting opportunity because the client actually got two pieces of land next door to each other in a suburb that is already established so as you can see as we look around ben's filming out there he's gonna film in the other place you can see the existing houses even next door you can see they've raised that up we're gonna do a renovation underneath there probably fill that in we've got nice houses next door so i think coming area here small blocks of land purchase for a round about the 300 and i think one was purchased for 361 was around 312 or 315,000 they got the build for around 240,000 which i think is much cheaper than what you would get at market value which i guess is one of the benefits of working with pumped on property is to have relationships with builders and so they're able to do that but all up you're looking at each property around about that $550,000 mark to get to income so this clients got four incomes from the two properties we're actually the first people here so it's just been finished she's the keys have just been handed over and so we're going to do a walkthrough so what we'll do is we'll start with the three bedroom i'll walk you through and see if we have done a full walkthrough of the other property talking about the numbers and everything but i just thought you might want to see what a dual income property looks like for people who haven't watched that video so as we walk in we walk into the single single car garage here and something about this is that they wanted to maximize space so we've got our laundry here tucked away in the garage so still able to have a laundry but it doesn't really impede on much of the rest of the house as we went through here we've got our linen press and storage and then we come through this hallway into one of the bedrooms as well as the main bathroom for the house so we've got a separate toilet as well as shower vanity and a bath in there so families obviously love having a bath in the property and so we've got that in there novak in the en suite which you'll see we then come into the second bedroom here and something that ben was saying in the previous video is when you're doing these new builds you really do want to have the bedrooms be over three by three meters squares i think this one's slightly bigger than three by three and then all these bedrooms have built ins as well so there's the first bedroom second major was still coming down the hallway towards the kitchen and the lounge area but that's when we come into our master suite here now this is nothing extravagant as we said this is a small block of land 400 square meters there are limitations on how much of the land you can actually build on that as you can see it's just quite a reasonable size main bedroom enough room for a queen size bed in there but not a lot else and then we have a walk in row as well which is very desirable and then we have a really nice own suite here with a shower vanity and the toilet there and so that's the three bedrooms then we come through to t...

https://www.youtube.com/watch?v=py5RvAHu91c

Welcome to my Australian property market update for June of 2019 where we dive into the housing data as well as look at the news and things that may have an effect on the property market.

2 Properties to Financial Freedom Strategy

0:00 - Introduction0:53 - Major changes that have happened4:00 - Looking globally4:46 - Potential global recession looming6:33 - Let's jump into the data. Dwelling values down 0.5% last month8:03 - Sydney is declining faster than Melbourne - -0.5% vs -0.3%8:34 - Monthly changes of the capital cities9:53 - Changes from peak of the capital cities11:00 - It's been 19 months of national decline11:43 - Transaction numbers remain lower than average12:46 - Rental growth continues to slow14:15 - Rental yields are growing significantly15:16 - Day on market are currently dropping15:57 - Monthly value or new finance commitments are trending downways16:40 - Lowest cash rate since the 1960's17:15 - Percentage of interest only loans has plummeted since 201718:02 - Sydney housing data20:22 - Melbourne housing data21:08 - Brisbane housing data23:05 - Adelaide housing data23:58 - Perth housing data25:48 - Hobart housing data27:25 - Darwin housing data28:43 - Canberra housing data29:54 - Do I think the bottom has hit?

2 Properties to Financial Freedom Strategy

Martin North + John Adams YouTube

Martin North's YouTube

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Australian Property Market Update: May 2019

2 Properties to Financial Freedom

Transcription:

Ryan 0:00hey you amazing humans and welcome to my australian property market update for june of 2019 where we're gonna dive into some of the data behind the australian housing market look at what's happening in the current market as well as what are some of the changes that have taken place which could affect the property market and property prices so if you're looking at investing in property or if you've already invested in property it's very important to keep your finger on the pulse and this will help you do that obviously i don't have a crystal ball i'm looking at the data just like you are not a fancy economist or anything like that but i'll look at it see what i can learn from it see what trends we'll be watching you can follow along and obviously make your own assumptions from the data this isn't financial advice but this is something that i love to do each and every month to keep on top of things so without further ado let's talk about some of the recent changes that have happened in australia which could affect the property market it's pretty rare that we have this much news and one monthly update but we did just have the federal election and obviously liberal got in or liberals stayed in labor did have some proposed changes to negative gearing for purchases of existing properties or new purchases of existing properties to basically remove the negative gearing benefits in that as well as reduce the capital gains tax discounts for investors as well so this was seen to likely have a negative impact on the australian housing market and so given that liberals got in that is now out the window and not going to happen at least for this term of government so that has definitely put confidence back into the market in terms of investors just not having that potential negative coming through liberal have also offered a new first homebuyers scheme where first homebuyers can purchase a property with just a 5% deposit but how much this is going to affect the market is pretty unclear because it is limited to just 10,000 people per year i believe and those borrowers still need to actually be able to qualify for a loan so not sure exactly whether or not this is going to have a positive impact of that definitely doesn't seem to be like a negative we've also got some changes with apa and how the banks assess people for loans so previously banks would look at people at a 7.25% interest rate i think it was and to say can ...

https://www.youtube.com/watch?v=tsljqkidG9g

When you're passionate about something you will take the time to learn about it which will make you a better investor. If you're not investing with passion you're wasting an incredibly valuable resource.

0:00 - Introduction0:34 - What makes you passionate when it comes to investing?1:30 - Brandon's passion for stocks vs my lack of passion for stocks3:10 - Investing in a lifetime game and passion will drive amazing results6:44 - Why passion can be more important than logic

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A buyer's agent can help you secure a better property than you could invest in on your own. But should you get a buyer's agent or are you better off saving your money and investing on your own?

Free Property Strategy Session - https://onproperty.com.au/session

0:00 - Introduction

1:26 - I used to be anti-buyer's agents. Here's why I now believe buyer's agents are worth the investment

3:36 - Do you want to do it all yourself?

4:22 - Do you need someone to hold your hand and point you in the right direction?

5:44 - A buyer's agent can also act as a coach

6:26 - Can you actually afford it?

7:49 - What is their strategy and does it line up with your goals?

10:00 - Ultimately the decision is up to you

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What Is a Buyer's Agent? - https://www.youtube.com/watch?v=eh3ytqa1hyc

https://www.youtube.com/watch?v=Czn1AUdWNQw

When investing in property, especially during turbulent times, it's really important that you look to minimise your downside risk. Here's 10 ways to reduce your risk when investing in property.

2 Properties To Financial Freedom - https://onproperty.com.au/2properties

0:00 - Introduction

1:19 - #1: Time the market

2:27 - #2: Don't rely on capital growth alone

3:43 - #3: Have a clearly defined strategy

4:57 - #4: Buy under market value

6:05 - #5: Manufacture growth

7:32 - #6: Positive cash flow properties

8:35 - #7: Know how you're going to make money

9:56 - #8: Have buffers in place

11:07 - #9: Buy in stable metro markets

13:00 - #10: Own your properties outright

Advanced Suburb Research Course - https://onproperty.com.au/suburb

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The Secret to Buying Property Under Market Value - https://www.youtube.com/watch?v=W0K7f38q0dE

Jen and Brad's Renovation Story - https://www.youtube.com/watch?v=DtQA5ogIEPc

2 Properties to Financial Freedom - https://www.youtube.com/watch?v=Pj8gLiDEz8Y

https://www.youtube.com/watch?v=x0ikf6vtXPQ

A recent article by CoreLogic suggests that in most cases you shouldn't pay the asking price for a property as over 75% of properties sold in Australia sold for below their asking price.

0:00 - Introduction

0:30 - 75.6% of properties sold for less than their asking price in the last 3 months

1:45 - What about in individual capital cities?

4:24 - Market value is much more important than asking price

5:24 - How to find the exact vendor discount for individual suburbs

7:44 - Look at the average vendor discount as well as the trend in the discount

Location Score - https://onproperty.com.au/score

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Australian Property Market Update: May 2019 - https://www.youtube.com/watch?v=OgMPANEXz8o

Is Brisbane Cheaper Now Than It Was 10 Years Ago? - https://www.youtube.com/watch?v=U_dJqIADBJ8

https://www.youtube.com/watch?v=OgMPANEXz8o

In this Australian property market update we see Australia is still in wide spread decline but there are surprisingly positive signs that I didn't expect. We also talk about some of the larger economic factors at play.

0:00 - Introduction

0:37 - The rate of decline continues to slow

1:55 - Monthly value of new housing finance commitments increased

2:40 - Every capital city reported a decline with the exception of Canberra

5:05 - Sydney market update

6:35 - Melbourne market update

7:54 - Brisbane market update

9:45 - Adelaide market update

10:25 - Perth market update

11:14 - Hobart market update

12:41 - Darwin market update

13:55 - Canberra market update

14:30 - Rents have grown 0.3% nationally over the past 3 months

15:38 - Total listings remains high, but new listings are down significantly

16:32 - Other economic factors - Mortgage rates, loan approval process, election + economy

18:17 - Australia's private housing debt bubble and a bleaker view of the future

20:10 - Still a turbulent time in the Australian property market

Is Brisbane cheaper than it was 10 years ago? - https://www.youtube.com/watch?v=U_dJqIADBJ8

In The Interest of the People YouTube Channel - https://www.youtube.com/channel/UCzwmB2wn8Slp3hko2Gpj2iA

Switzer Interview with Steve Keen - https://www.youtube.com/watch?v=uU2jwUihIcs

My Interview with Steve Keen (2015) - https://www.youtube.com/watch?v=brX18YrTPTY

https://www.youtube.com/watch?v=wZFdA0IkfQU

My focus for May continues to be debt reduction. In this episode I talk in more detail about my debt reduction, my travel plans for May as well as how to minimise risk when investing in property in the current market.

0:00 - Introduction

2:06 - Where I'm Living and Debt Reduction

7:01 - My May travel plans

10:33 - I'm excited to go back up to the Sunshine Coast

11:50 - Still redlining in terms of cash flow, trying to build up a buffer

13:21 - The upcoming recession and how we can profit from it

23:48 - The Cash Flow Quadrant and improving my businesses

30:41 - Property market update and investing ideas for the current market

Walk The World YouTube Channel - https://www.youtube.com/channel/UCKWDscRjYFTD1KHsmow4-bQ

CashFlow Quadrant Book - https://onproperty.com.au/cashflowquadrant

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Last week I talked about things I don't spend money on, this week we are flipping it and looking at things I do spend money on that maybe I shouldn't

0:00 - Introduction

0:55 - #1: Coffee

1:47 - #2: Alcohol

2:42 - #3: Private Schooling

3:47 - #4: Interest on Debt

4:21 - #5: Child Support

5:01 - #6: Take Out

6:11 - #7: Books and Audiobooks

7:25 - #8: Going Out

8:05 - #9: Travel

9:30 - #10: Kids Clothes

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15 Things I Don't Spend Money On - https://www.youtube.com/watch?v=-dLyOONIZHs