The Armchair Guide to Property Investing

APRA has recently made changes that affect a lender’s borrowing power — what does this mean for property investors and homeowners… and their interest rates?

Well, folks… we’re deep diving on this today (and getting a little bit technical), because, in July 2019, the Australian Prudential Regulation Authority (APRA) came out with their revisions to the “buffer” and “floor rates” of their Prudential Practice Guide APG 223.

And why are we telling you this? In a nutshell: this results in a change, potentially an increase, in a lender’s borrowing power… which means YOU can potentially borrow more money!!! (Not sure why this is a good thing. Listen to this episode on the basics of borrowing power first).

Now, if you’re wondering what on earth we mean by “buffer, “floor rates” and “potentially”… take it easy… we’ve totally got you covered here — we explain all this, incl. examples of a single person AND a couple, so you can get a “real life” angle on all this. Plus, Ben’s obviously in his element so he drops a lot of new gold and mortgage-broking insights!

Oh, and did we mention that we’ve also sneaked in a little Finance Q&A as well?? Yep, true story. You can find the exact questions a little further down in these show notes 

Free Resources

• RBA Cash Rate Announced — August 2019
• Not receiving our emails with exclusive offers and announcements? Become a Member of Our TPC Tribe
• Episode 004 | Four Pillars of Mastery – Borrowing Power
• Episode 043 | How to Choose a Mortgage Broker Wisely?
• Episode 55 | Investment savvy mortgage broker and why the interest rate is not king?

 LISTEN TO THE FIRST 20 EPISODES HERE >>

MOORR MONEY M

LISTEN TO THE FIRST 20 EPISODES HERE >>

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👉 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

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It’s odd, isn’t it? The cash rate is at an all-time low and the lenders have been cutting their rates, both fixed and variable. So why is it not the time to go for a fixed loan?

We know it’s a big statement and that’s why Ben will be explaining all that in today’s RBA commentary folks! Apart from that, he’ll also be covering a variety of topics such as:

• What’s happening with the US-China Trade Deal and how did the US Chair of the Federal Reserve, Jerome Powell react to it?
• What’s the main focus for the RBA at the moment?
• How will the slight improvement in inflation impact the economy?
• Is retail spending moving in the right trend?
• Have we finally bottomed out in the Property Market or are there a couple more months to go?

Now, let’s dive into RBA August 2019 Cash Rate Announcement!

DISCLAIMER: This podcast is general information only and is an opinion comment by Ben Kingsley. The information contained in this video is for Australian residents only. The information does not take into account the particular investment objectives or financial situation of any potential viewer. It does not constitute, and should not be relied on as, financial or investment advice or recommendations (expressed or implied) and it should not be used as an invitation to take up any investments or investment services. No investment decision or activity should be undertaken on the basis of this information without first seeking qualified and professional advice.

The Property Couch, its employees or its contractors do not represent or guarantee that the information is accurate or free from errors or omissions and therefore provide no warranties or guarantees. The Property Couch disclaims any and all duty of care in relation to the information and liability for any reliance on investment decisions, claiming the use or guidance of this publication or information contained within it.

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:
-

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

Want to know EXACTLY HOW you’ll be buying property in the (not too distant!) future??

We know we sure do!

So folks, here to tell us what the future in real estate is with augmented reality, virtual reality and a whole lot of jaw-dropping new tech is Steve Kounnas and Trent Clews-de Castella from Phoria, a world-leading immersive tech studio that specialises in just this! Not to mention the fact that Phoria’s good mates with the likes of some “kinda known” brands like Google, REA Group and News Corp — oh, and they also happen to be neck deep in their mission to transform human experiences!

And, yep, the reason we’ve got them on isn’t just because Steve and Trent have ALREADY changed the game in the “extended reality” space… but also, they’re about to clue you in on what’s to come!!

Sure, you might think this stuff is like something straight out of a sci-fi film … but we kid you not folks… it’s anything but! Yep… it IS coming (in fact… it’s already here)… so you can only imagine how fast some of these changes are going to land in the real estate industry!!

Picture this… buying property in a VIRTUAL world!

And before you get all weirded out… just remember… not too long ago the thought of an iPhone seemed impossible/ridiculous/the brainchild of someone completely nuts… but NOW??  Well… we’ve all got one in our back pockets, don’t we?

Stay ahead of the curb and you’ll always be ahead folks!  

Resources Mentioned:

• Nerida Conisbee Facebook Live
• Like us on Facebook HERE
• Ben’s Did You Know – Corelogic Media Release HERE

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:
-

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
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- Youtube

It’s that time again for our Monthly Wrap-Up with Nerida Conisbee, Chief Economist for REA Group!

And we’ve introduced a new style to our monthly catch up too! Nerida has generously agreed to use the whiteboard to explain this whole US-China Trade War thing because let’s face it, not all of us are across it. So… what to expect in this Bonusisode

The Top Insights in this Bonusisode:

• Exactly what impact does the US-China Trade Wars has on Australia?
• The Cash Rate Outlook – where is it heading?
• How will that affect the Property Market Outlook in each of the major cities?
• And of course, the usual most viewed and most expensive listings!

Plus, The Top Performing Properties from the month:

• The Most Viewed Rental Property
• The Most Viewed Residential
• The Most Expensive Property Sold
• The Most Viewed Property Going To Auction This Weekend

Want to see these properties? Click here to View the Properties (all are in the Comments section)

P.S. Want more from Nerida?

• Episode 206 | Nerida Conisbee – What’s Happening Around the Grounds in the Australian Property Market?
• Episode 127 | What’s Happening In The Property Market? – Chat with Nerida Conisbee, Chief Economist at REA Group
• Episode 094 | Which Market to Invest in for 2017? – Chat with Nerida Conisbee, Chief Economist for the REA Group

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 BOO

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

Let’s face it. There are a lot of millennials and first-home buyers among us who are frustrated and struggling to get onto the property ladder. And we don’t blame them!

It’s hard work hauling yourself up on that first rung… and it can seriously knock you around, especially if your friends are out “brunching” and you’re choosing to stay home again and… save more money.

Are we right? Believe us… we feel ya, folks! If you’re just starting out, oftentimes it can seem like you’re making snail-pace progress, so much so that it becomes all-too-easy to believe there’s zero point to your efforts at all. So, guess what?? We’ve got your back… ‘cos you’re actually NOT alone and, as a matter of fact, it pays to check in with someone you can relate to who has been exactly where you are, has seen success and can help you get over the line.

That’s why we’ve got Courtney Te’ray on The Couch today!!

She and her partner Aaron have been slowly chipping at their own property portfolio and putting it into practice

“If it’s meant to be… it’s up to be”. And the thing you might find a lot of comfort in, is they’ve invested in property on ordinary incomes — to give you an idea, Courtney has NEVER earned more than $60K while building up this Property Portfolio… Impressive, right?! Want to know how she did it? And how thinking  differently can ultimately set up your future for life?? And if you’d like to learn more about her backstory, check out her video here!

Psst… you DON’T need to be in your twenties to take some #inspo from this episode!!

Resources mentioned…

• ENCORE MASTERCLASS — How to Build a Property Portfolio in a Recovering Property Market and Retire on $2,000 per week WITHOUT renovating, re-developing or sacrificing your weekends!

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

Raise your hand if you’re curious to hear about the profitable, 12-Step Process to Property Development…?

Now, keep it there if you’re already a developer, or you’re keen to give property development a crack yourself or, hey, maybe you just wanna build on your property investment knowledge before you lock yourself into anything.

Right then folks, if your hand’s UP, then this episode was tailor-made for you!!

‘cos today we’ve dragged the big boss back into the studio — Mr Peter Koulizos!! And he’s about to unpack some of his best stuff on property development!

Sure, he’s got all the qualifications and skillset, but he’s also got invaluable, in-the-trench experience, ESPECIALLY when it comes to property development… and not just a little bit, mind you folks… a WHOLE LOT of it!

So… let’s just pick the Property Professor’s brain, yeah?

He was in town, so we’ve dragged him back into the studio!

Resources mentioned…

• Five Things You Need To Know Before You Buy An Investment Property
• Property Investment Professionals of Australia (PIPA)
• Property Investors Council of Australia (PICA)
• Ron Forlee’s three books on property development
• Peter’s Property Development 101 – 10 Videos
• 196 Esplanade, Port Noarlunga South, SA  – Video 1
• 196 Esplanade, Port Noarlunga South, SA – Video 2
• VIC Government $600m combustible cladding fix
• NSW Residential Tenancies Regulation Update
• Our recent Facebook LIVE videos
• Make Money Simple Again Facebook Group

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

Folks, things sure have been heating up in the high-rise apartment space recently and we MUST address a seriously important question, for property investors and homeowners alike…

Should you be considering buying high-rise apartments in the wake of some very high-profile cases revealing significant issues??

We’re talking about the high-rise apartment evacuations that’s been happening in our main centres due to building defects — Opal Tower, Mascot Tower, LaCrosse apartments and Neo 200 —which have resulted in cracks to main structures, severe and unsafe water damage, FIRE… all things that we can all agree are very problematic. Not to mention are also leaving a fair few folks homeless, out of pocket and fed up!

So, not only are you likely to struggle to get a return from high-rise apartments, it’s evident that some may pose a safety risk as well.

But if 1 in 5 wanting people are actually WANTING to live in apartments, it can definitely be argued that there IS a growing demand for one/two bedroom living… the question is… What should you be considering if you are wanting to invest in apartments?

And when it comes to high-rise buildings, has the landscape well and truly changed?

… We’ve thrown in a Bonus Q & A to answer your specific apartment Q’s too, folks!!

Resources Mentioned…

• New Facebook “Lives”
  • How to Get The Kids On The Property Ladder
  • Framework on Property Mentoring and who will and won’t take action – with  Jane Slack-Smith
  • Monthly Market Wrap with REA’s Chief Economist, Nerida Conisbee
• BEN ON STUDIO 10 Discussing Apartments
• WIN SUSAN’S BOOK – The Trailblazing Story of Susan Alberti – The Footy Lady

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

What’s a footy oval and a VERY successful investor got in common?

… none other than one gutsy, 72-year-old woman… Susan Alberti!

For the folks who aren’t quite into AFL like we are, Susan is not only Football Royalty down here in Melbourne — particularly when it comes to the AFL Western Bulldogs Football Club and opening up the sport to women players… but also, Susan has lived an EXTREMELY incredible life… she’s experienced everything from very humble beginnings, unspeakable tragedies, not being able to get a loan as a woman, the heights of true accomplishment and giving back in a way that is profound and unbelievably inspiring — all of which has been documented in The Trailblazing Story of Susan Alberti – The Footy Lady.

She is living proof that hard work, investing and delayed gratification pays off and is, of course, as respected as they come.

Basically… this woman has stared down adversity of all kinds and prevailed beyond doubt.

So, if you’re like us and are very excited to hear what this wise and wonderful woman has to say about investing and, indeed, life… then you MUST check this episode out, folks!

As usual, there are a few resources today folks! So here goes…

• Escape from the City on iView: https://iview.abc.net.au/show/escape-from-the-city
• Ep. 55 – Investment savvy mortgage broker and why the interest rate is not king?: Listen here
• Money Hacks series: Join here
• Ep. 238 – Money & Mental Health: Why there’s more to it than you think… Chat with John Mendoza Director of ConNetica: Listen here
• Australia’s New Banking Code: https://www.ausbanking.org.au/campaigns/new-banking-code/

LISTEN TO THE FIRST 20 EPISODES HERE >>

MOORR MONEY MANAGEMENT

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

75% of economists predicted another rate drop… Are they right?… or wrong?

As mentioned previously, unemployment and wage growth is a priority for the RBA and despite last month’s cut, there wasn’t a lot of movement found in these two economic indicators.

So the RBA Board has decided to drop another 25 basis points bringing the cash rate to 1%. Find out what other factors have triggered this decision including if the US-China Trade Deals has anything to do with it!

AND if you’d like more data on Ben’s commentary today, here are a few resources:

• World Bank’s Document on the US-China Trade Deal
• NAB Monthly Business Survey
• Westpac-Melbourne Institute Index
• CoreLogic Hedonic Home Value Index Results

DISCLAIMER: This podcast is general information only and is an opinion comment by Ben Kingsley. The information contained in this video is for Australian residents only. The information does not take into account the particular investment objectives or financial situation of any potential viewer. It does not constitute, and should not be relied on as, financial or investment advice or recommendations (expressed or implied) and it should not be used as an invitation to take up any investments or investment services. No investment decision or activity should be undertaken on the basis of this information without first seeking qualified and professional advice.

The Property Couch, its employees or contractors do not represent or guarantee that the information is accurate or free from errors or omissions and therefore provide no warranties or guarantees. The Property Couch disclaims any and all duty of care in relation to the information and liability for any reliance on investment decisions, claiming the use or guidance of this publication or information contained within it.

LISTEN TO THE FIRST 20 EPISODES HERE >>

MOORR MO

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

Folks, this Bonusisode features Bryce’s Live chat with REA Group’s Chief Economist Nerida Conisbee on today’s Monthly Market Wrap… which they kicked off on Facebook Live!

So, what shape is the market in? Tune in to find out!

The Top Insights in this Bonusisode:

• Nerida’s guess at tomorrow’s cash rate – will there be another drop?
• Economic Insights
• Auction Clearance Rates
• The locations with house price growth
• Market Wrap around the States – Melbourne, Sydney, Brisbane, Adelaide, Perth, Hobart

Plus, The Top Performing Properties from the month:

• The Most Viewed Rental Property
• The Most Viewed Residential
• The Most Expensive Property Sold
• The Most Viewed Property Going To Auction This Weekend

Want to see these properties? Click here to View the Properties (all are in the Comments section)

P.S. Want more from Nerida?

• Episode 206 | Nerida Conisbee – What’s Happening Around the Grounds in the Australian Property Market?
• Episode 127 | What’s Happening In The Property Market? – Chat with Nerida Conisbee, Chief Economist at REA Group
• Episode 094 | Which Market to Invest in for 2017? – Chat with Nerida Conisbee, Chief Economist for the REA Group

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

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