Property Pals

There are certain opportunity costs where you could be leaving hundreds of thousands of dollars on the table if you don't buy your property investment in the right location. 

In this episode we discuss the difference between buying as an owner occupier and an investor and what to look for in both scenarios. 

Episode Highlights;

• What makes a good owner occupier location and what makes a good investor location.
  
  
• What you should and should not sacrifice when buying a property.
  
  
• The opportunity costs of buying the wrong investment property or even your owner occupier home.
  
  
• How to choose an owner occupier location based on your future goals
  
  
• How you can get the best of both worlds by being an owner and buying a great investment at the time.

About The Hosts

Sam Powell is a certified property investment advisor and registered property valuer with an illustrious career helping people save and make millions of dollars through property investing.

Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey.

The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios.

Resource Links

➥ Property Pals Website - https://www.propertypals.au/
➥ How To Maximise Your Borrowing Capacity Mini Course - https://www.propertypals.au/resources

Disclaimer:
Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.

See omnystudio.com/listener for privacy information.

Knowing the location you want to buy your property investment is one thing.

Choosing the right property in that location takes another skill. Where there are multiple things to check in that area to ensure your investment is going to get the best ROI. 

You need to look at things like the type of road it's on, proximity to public transport, amenities and a laundry list of things we talk about in this episode. 

Episode Highlights;

• Finding the right property to buy once you’ve found the right location.
  
  
• What amenities are important to be close to or far away from, when buying an investment property.
  
  
• Stories on bad investments versus good investments that Jaryd & Sam  have both seen or been a part of in the property investment market.
  
  
• Assessing what costs you may be liable for as the owner of a  property if you purchase it. 

About The Hosts

Sam Powell is a certified property investment advisor and registered property valuer with an illustrious career helping people save and make millions of dollars through property investing.

Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey.

The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios.

Resource Links

➥ Property Pals Website - https://www.propertypals.au/
➥ How To Maximise Your Borrowing Capacity Mini Course - https://www.propertypals.au/resources

Disclaimer:
Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.

See omnystudio.com/listener for privacy information.

Once you've got your pre-approval for finance, you can start looking at locations on where you want to buy your property investment based on your property portfolio guidelines and your strategy. 

Not all areas are created equal and there are significant opportunity costs of buying the wrong property in the wrong location ant the wrong time. 

In this podcast we will be discussing what goes into choosing a great location to purchase a property in for your property investment portfolio. 

Episode Highlights;

• The importance of finding the right location when buying a property
  
  
• The opportunity cost of getting it wrong, you could be leaving millions of dollars on the table.
  
  
• What data you need to check to find the right location like supply and demand metrics and why they are important, things like vacancy rates, land supply and even gentrification.
  
  
• We listed a bunch of resources for where to check all of this property data to do it yourself  (if you’d like).
  
  
• And lastly why you are responsible for your investment, even if you are using a buyers agent.

About The Hosts

Sam Powell is a certified property investment advisor and registered property valuer with an illustrious career helping people save and make millions of dollars through property investing.

Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey.

The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios.

Resource Links

➥ Property Pals Website - https://www.propertypals.au/
➥ How To Maximise Your Borrowing Capacity Mini Course - https://www.propertypals.au/resources

Disclaimer:
Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.

See omnystudio.com/listener for privacy information.

Property investing is a team sport and the better players you have on your team, not only the faster can you build your property portfolio.

But the more money you'll make, the easier it will be to scale and you'll be able to enjoy the process of investing in property. 

So in this episode we discuss who you need on your property team, why, and when you need them. 


Episode Highlights;

• Buyers Agent - do you need one, how to do your DD when trying to find the right one and what to look out for (lots of rookie buyers agents out there).
  
  
• When you should use a property valuer to make sure you are not overpaying for a deal.
  
  
• How to choose the right building and pest inspector.
  
  
• How a quantity surveyor can save you a lot of money for your investment properties.
  
  
• When and why you should use a town Planner / Engineer to squeeze more ROI out of your investment.
  
  

About The Hosts

Sam Powell is a certified property investment advisor and registered property valuer with an illustrious career helping people save and make millions of dollars through property investing.

Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey.

The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios.

Resource Links

➥ Property Pals Website - https://www.propertypals.au/
➥ How To Maximise Your Borrowing Capacity Mini Course - https://www.propertypals.au/resources

Disclaimer:
Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.

See omnystudio.com/listener for privacy information.

Building a property portfolio is not a single person job. If you want to succeed in anything in life, especially property investing, you need a world class team of property professionals.

In this podcast episode we talk about each step of the journey in investing in property and who the key players you need on your property team to successfully scale a property portfolio to build a passive income and live off your properties. 

Episode Highlights

• Why the accountant is the first person you need on your property investment team 
  
  
• The importance of an experience solicitor prevent you from buying a lemon
  
  
• Why the finance  broker could be the most important person on your property team
  
  
• Why not all property managers are created equal and how to choose the right one
  
  

About The Hosts

Sam Powell is a certified property investment advisor and registered property valuer with an illustrious career helping people save and make millions of dollars through property investing.

Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey.

The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios.

Resource Links

➥ Property Pals Website - https://www.propertypals.au/
➥ How To Maximise Your Borrowing Capacity Mini Course - https://www.propertypals.au/resources

Disclaimer:
Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.

See omnystudio.com/listener for privacy information.

The more finance you can get when buying an investment property the better the asset you can purchase. 

In this episode we talk about some great strategies on how to decrease your liabilities and get a larger amount to finance your property investment. 

Episode Highlights;

- Income stability equals predictability and why banks love this.
- Canceling and paying out debt & how that affects your borrowing capacity
- How to decrease your interest rate on your bad debts
- Ways you can earn more money to increase your borrowing capacity
- The effects gambling has in the eyes of the lenders


About The Hosts

Sam Powell is a certified property investment advisor and registered property valuer with an illustrious career helping people save and make millions of dollars through property investing.

Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey.

The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios.

Resource Links

➥ Property Pals Website - https://www.propertypals.au/
➥ How To Maximise Your Borrowing Capacity Mini Course - https://www.propertypals.au/resources

Disclaimer:
Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.

See omnystudio.com/listener for privacy information.

If you want to buy a property it's best to use OPM (other people's money) like from the bank.

To do so when you are getting a loan or mortgage for a property, prior to getting the loan and purchasing the property you will need to get a few things prepared before you speak to a mortgage broker. 

In this podcast episode we discuss all the things you need to prepare before getting pre-approval of finance to buy a property investment. 

Episode Highlights

- What is pre-approval and the importance of it?
- What paperwork preparation you need to sort out before speaking to a mortgage broker?
- What is a credit score and how it affects your borrowing?
- How to improve your credit score and check it for free?

About The Hosts

Sam Powell is a certified property investment advisor and registered property valuer with an illustrious career helping people save and make millions of dollars through property investing.

Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey.

The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios.

Resource Links
➥ Property Pals Website - https://www.propertypals.au/
➥ How To Maximise Your Borrowing Capacity Mini Course - https://www.propertypals.au/resources

Disclaimer:
Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.

See omnystudio.com/listener for privacy information.

How much does it actually cost to buy an investment property?

In this episode we lay out all the hidden costs of buying a property investment and what amount of money you need for a deposit to buy an investment property.

Episode Highlights

- How much you should spend on your first investment property
- The costs of buying a property and how much capital you need for a deposit
- How to save money to generate enough capital for a deposit
- How to earn more money to generate cash for capital to buy a property investment
- What you should consider when buying an investment property


About The Hosts

Sam Powell is a certified property investment advisor and registered property valuer with an illustrious career helping people save and make millions of dollars through property investing.

Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey.

The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios.

Resource Links
➥ Property Pals Website - https://www.propertypals.au/
➥ How To Maximise Your Borrowing Capacity Mini Course - https://www.propertypals.au/resources

Disclaimer:
Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.

See omnystudio.com/listener for privacy information.

Welcome to the Property Pals Australia Podcast!

Where we share how to build your property portfolio with tips on buying, selling, and scaling your property investment portfolio and selecting a world class team of property professionals to do so.

Episode Highlights

- Who Jaryd Krause & Sam Powell are
- Why they started a Property Investing Podcast 
- Why they are qualified to speak about property investing
- What you'll get from this property podcast
- Juicy stories about them growing up as best mates and more...


About The Hosts

Sam Powell is a certified property investment advisor and registered property valuer with an illustrious career helping people save and make millions of dollars through property investing.

Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey.

The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios.

Resource Links
➥ Property Pals Website - https://www.propertypals.au/
➥ How To Maximise Your Borrowing Capacity Mini Course - https://www.propertypals.au/resources

Disclaimer:
Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.

See omnystudio.com/listener for privacy information.