Are you hearing about hardship in the house and land package or off-the-plan unit markets? #134 1. Reports coming through from main-stream media (Channel 7 - Melbourne story)

2. Lending and Bank Valuations have been tough for the past 2 years, and there is worry in the economy

3. It might get a little easier for some of these people, with potential interest rate and lending changes

Why are relationships key to investing? #133

1. Better deals

2. Work with each other down the track

3. Help with your growth personally & in wealth creation

1. People are likely to feel more confident (no changes to Negative Gearing, Capital Gains Tax, Franking Credits, inheritance taxing). Consumer sentiment likely to improve

2. We still have an issue with Lending - the ability to service a loan - with the tough requirements.

3. Likely to see more listings hitting the market… more supply with limited demand will see prices stagnant or dip.

What do you need to watch out for?

1. Renovators/Flippers are looking to make a quick buck

2. Cheaper, less durable materials (USA - Home Depot example)

3. Do your due diligence when buying - inspections, testimonials from builders clients, research the company and builders history

1. What does Passion for Property mean? Living and breathing property - you would rather go to an open inspection than a footy game

2. The more passionate you are, the more likely you will want - to do, to learn, to grow

3. Passion isn’t a requirement, but ensure your team members are passionate about it

1. Looking for quick wins might result in high risk and financial ruin

2. What is the rush / enjoy the journey / is it about the learning or the money

3. Often people’s financial issues come from holding the wealth rather than growing the wealth

Australian Bureau of Statistics figures are out, what does that mean for Property and our Economy? #125

1. Lending down in March 3.7%, and 26% drop in 12 months

2. Construction of new homes - down 20% from July 2017

3. What will the election bring??

1. Budget Management - Keep a close on your Income & Expenses constantly

2. Look to invest in Low Risk strategies, with the potential for growth

3. Portfolio Management, and avoid risking your entire wealth on 1 investment/business

1. 2 out of 3 businesses are struggling

2. Business not fully aware of their Liabilities - tax, debts, super payments, paying staff

3. Businesses need to have a 12-18 months tax plan in place *Construction industry struggling *Book Keepers getting the numbers wrong *Builders struggling with developments