The Armchair Guide to Property Investing

What a week in the property industry!

It started off with ABC’s Four Corners Monday night segment called Home Truths. This episode focused on housing affordability and negative gearing and they interviewed a few parties for this segment.

Following that, we have the Cash Rate announcement at 2:30 pm on Tuesday. As widely expected, the Reserve Bank of Australia has dropped the cash rate by 25 basis points to 1.75%. A few factors contributed to this decision but one of the main reasons is the deflation recorded in the January – March 2016 CPI data. Although most economists have forecasted this movement, there aren’t many who talked about the changes that lenders would make. Would they pass on the full rate cut? What other changes would they implement following RBA’s decision? How will this affect the current mortgage holders?

Finally, on Tuesday night, we got the 2016 Budget announcement by Scott Morrison. With so many speculations surrounding the negative gearing policy, what would the Government propose? Hence, this week on The Property Couch podcast, Bryce Holdaway and Ben Kingsley will be talking about all these discussions and how will it affect The Great Australian Dream. 

Tune in to start listening now!

Resources mentioned in this episode:

• RBA May 2016 Cash rate announcement – Watch here
• 2016 Budget Announcement – Read here
• ABC Four Corner’s segment on housing affordability – Watch here
• ATO’s Taxation Statistics 2013–14 – Read here

If you like this podcast: “Does the Great Australian Dream still exist?”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts.


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- Make Money Simple Again

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Listeners of The Property Couch would probably know our view on property renovation. If it’s a small project such as fresh paint, we are all over it but if you are looking at renovating for profit, we always ask our listeners to proceed with caution because a renovation project can be quite daunting for the inexperienced. So this time, Bryce Holdaway and Ben Kingsley invite a close friend of theirs and a fellow property expert especially when it comes to renovation,

Jane Slack-Smith from Your Property Success to share some of her views and tips on property education and renovation! 

The three of them will be discussing:

• What are the different types of property education or seminar out there
• How to ensure you are getting independent views from these seminars
• What’s the right mindset when it comes to property renovation
• Characteristics of a successful renovator
• What considerations and risks that you need to look at prior to starting a renovation project
• Property renovation tips for beginners

If you are interested in the 20 Essential Renovating for Profit Tips mentioned in this podcast, just fill in the form below and we’ll send it to you right away:


LISTEN TO THE FIRST 20 EPISODES HERE >>

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- 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:
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-

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

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It’s Episode 60 and we’ve got a special guest on the show today! Bryce and Ben have invited Chris Gray, host of  ‘Your Property Empire’, on Sky News Business Channel and CEO of Empire Property to talk about all things property. Apart from being a property expert, Chris also manages his own property portfolio and is currently a rentvestor. In fact, he has been rentvesting for quite some time. 

So, drawing from his experience, the three of them will be discussing:

• How did he build his property portfolio through rentvesting?
• The considerations that an investor will need to think about if they decide to adopt this investment strategy.
• The required mindset for rentvestors.
• The scenarios where rentvesting is worth implementing.
• What kind of expectations you would get from family and friends?
• How to look at the numbers and ensure your cash flow is taken care of?

They will also be discussing the lessons learned along the way and what they think about the current Australian Property Market. If you are interested in the Capital Growth Break Even Calculator mentioned in this podcast, just fill in the form below and we’ll send it to you right away:

You can also download a copy of Ben’s Money Magazine article here: Download here.
If you like this podcast: “Building a Portfolio through Rentvesting – Chat with Chris Gray”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/.
 

LISTEN TO THE FIRST 20 EPISODES HERE >>

MOORR MONEY MANAGEMENT APP:
👉 Apple: https://apple.co/3ioICGW
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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

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As mentioned in a previous podcast, Bryce Holdaway and Ben Kingsley will be talking about Rentvesting today! It’s not a common property investing strategy but it is gaining some momentum amongst Australian property investors. In fact, Ben was asked to write about this for the March 2016 Cover Story of Money Magazine. If you would like a copy of this article, just fill in the form below and we’ll send it to you right away.

In this episode, our hosts will be explaining what this strategy is all about. The concept is fairly simple but it is important to note that rentvesting is NOT for everyone. You need to look at your numbers and make sure that it works for your cash flow position. There are a few other considerations that you’ll need to think about as well before jumping in such as how it’ll benefit your household’s circumstances and how comfortable are you with the concept of renting. Start listening to the podcast to find out more.

ps: They will also be giving an update on the Negative Gearing debate at the end of this podcast! 

The resources mentioned in this post:

• Ben’s interview with 2GB Radio – Listen more.
• Fill in the form below to start downloading Ben’s article on Rentvesting.

If you like this podcast: “Rentvesting: What is it and who is it for?”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts.


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 >>

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

In recent weeks, a few lenders have begun to tighten their terms and conditions on apartments in certain suburbs across Australia. Needless to say, some commentators are putting a blanket statement on the future of apartments and claim that they are looking rather bleak at the moment. However, how much impact will these changes have on apartment value and if so, will it affect all types of apartments?

Listeners that have followed this podcast since its inception would know about Bryce and Ben’s view on apartments. Whether it is a brand-new one-bedroom apartment in the city centre or an attractive off-the-plan deal, our hosts still prefer established apartments in great locations. As property investment advisors and buyer’s agents, they have advised hundreds of clients to invest in apartments so, are they worried about this lending restriction? Are they expecting a massive drop in apartment value and where are they seeing this happening? Listen to this podcast to find out more.

The article mentioned in this post:

• Apartment lender AMP blacklists more than 140 suburbs – Read more

If you like this podcast: “Will apartments value drop by 50%?”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/.

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:
-

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

The whole idea for this podcast is to help others become successful property investors (or perhaps avoid them becoming unsuccessful property investors). But Bryce and Ben know that the more successful you become, the more likely you are to be criticised. Unfortunately, it is far easier for people to share their thoughts on what you are doing wrong and when something does turn up a little haywire, you would get the usual, “I told you so”.

Now, this is probably very different from the usual topics that we talk about in this podcast but Bryce and Ben have both gone through this journey. In fact, they are still facing these situations occasionally. So in this podcast, they are sharing some of their experiences and also some positive mental attitude tips that helped them along the way. To have a successful property portfolio, you’ll need to make sure you are ready for it and it’s not always about being financially ready. It’s also about having a strong mental attitude. In addition, they will also be sharing what they think are the traits of successful people as opposed to unsuccessful ones.

Some of the motivational speakers mentioned in the podcast:

• Zig Ziglar – more
• Tim Ferris – more
• Tom Panos & John McGrath – more
• Trevor Hendy – more

If you like this podcast: “Investment savvy mortgage broker and why the interest rate is not King?”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/.

LISTEN TO THE FIRST 20 EPISODES HERE >>

MOORR MONEY MANAGEMENT APP:
👉 Apple: https://apple.co/3ioICGW
👉 Google Play: https://bit.l

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

It’s Q&A time! This week on The Property Couch, Bryce Holdaway and Ben Kingsley will be answering the questions below from our fellow listeners. Thanks again for submitting your questions!

• Exiting a contract question from Alex.
• Crowdfunding questions from Carol:  What is “crowdfunding” and how will it work?
• Ownership questions from Rob: What property ownership structure should investors use when buying an investment property? Individual, trust, company etc. Is there a need to balance tax advantages with long-term asset protection on this issue?
• Global events question from Cookie.
• Case study question from Chris: Brief Bio – 33 yrs old. Married with one child, live in Sydney, and work full time. Have three properties. Two in Townsville building one in Melbourne currently. Currently renting in Sydney as units where we want to live sell for $800k to $1 million. However, we can rent and invest. We put all our money into our offset and pay out the credit card at the end of the statement period. 
  • Question 1 – with the house I am building in Melbourne. Will I ever be able to claim back the GST I paid in the building contract?
  • Question 2 – With one of my properties in Townsville I am concerned that our body corporate fees are way too high. How do I compare if this is the going rate in our market?

References:

• Episode 8 – Investment stock vs investment grade
• Episode 48 – Different property investment structures
• Bryce on The Today Show – Double trouble for the property market
• If you are interested in the 2016 Outlook for the Global Economy, do check out our videos here.

If you like this Q&A episode, don’t forget to rate us at our iTunes channel (The Property Couch Podcast) and our Facebook page. Any questions or ideas? Feel free to drop us your thoughts 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:
- 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

The last time we did a podcast on finding a mortgage broker was in Episode 43. We’ve received a lot of feedback after that episode on what kind of questions the borrower should ask to determine if the broker they are speaking to is investment savvy and if there are any websites that sort of serve as a directory.

So this time around, our hosts will be sharing a framework to help you understand the difference between a banker and an investment-savvy mortgage broker. They will also be focusing on the differences between lenders and things to look out for between the lenders. Lastly, they’ll discuss the all-time question on, “Why is interest rate NOT king?”

Free resources:

• Watch Ben on The Today Show here
• Money Magazine’s March 2016 Cover Story
• Money SMARTS System – Listen here

If you like this podcast: “Investment savvy mortgage broker and why the interest rate is not King?”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/.


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:

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

It’s Q&A time! This week on The Property Couch, Bryce Holdaway and Ben Kingsley will be answering the questions below from our fellow listeners. Thanks again for submitting your questions!

• Entry into the property investment market question from Aaron: Hi guys! could you possibly talk about entry into the property investment market? Specifically how much money do you need? I have some money sitting in a term deposit but I have heard that you need more like $40,000 before you can even look at starting out. If that’s true, then I need to keep saving. How much money should people have before starting?
• Debt reduction questions from Marty: I have just finished the new book and found the content informative and practical. How does the graph move to a zero-debt position on IOnly loans? I would like some more detail on this area as it’s probably the missing link for me in the whole process. In case study three a couple with a surplus annual income of 36k Pays 1,000,000 in principle in 10 years with IO loans. The property selections are not high yielding so I’d expect the cash flow to be only just positive even at year 15. Am I missing something?
• Debt reduction questions from Mitch: Hey guys. Love your podcasts and your book. Just have a quick question about paying down debt to start receiving passive income. In your book, you say to set up all loans to interest only, if I want to retire off passive income at the age of 40, how do I pay down debt without selling any properties and without access to my superannuation?
• House and land packages question from Rob: Hi Guys, love the podcast – I’m an avid listener and after finding you, went back to Ep 1 and went through them all. I’m just about to place an order for the book… Fundamental Question: Is a house and land package always a bad investment, or are there situations it can work as an investment property?

If you like this Q&A episode (Entry into the property investment market, debt reduction and investing in house and land packages), don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. Any questions or ideas? Feel free to drop us your thoughts

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:
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- Youtube

By now, our listeners should understand the importance of good money management habits. It is the core of building a successful property investment portfolio and has been reiterated multiple times throughout this podcast.

Since episode 3, as part of the Four Pillars of Mastery, Bryce and Ben have talked on various occasions about Cash Flow Management and the flow of money in your household. This includes where the money comes from, types of spending and types of investments for your surplus. In episode 41, they talked about the moving parts of cash flow management otherwise known as the money and accumulation model. This model looks at variables and assumptions to consider when you’re modelling sophisticated money and wealth outcomes.

On page 58 of the Armchair Guide to Property Investing, they introduced the money SMARTS system. It’s a money management system and the name stands for Surplus, Mindset, Application, Resources, Timelines and Strategy. The book provided an overall summary of each section and also some tips on how you can set up this account structure yourself. But we’ve received some feedback that our readers would like us to explain this a little bit more so that is exactly what Bryce and Ben have done in this podcast.

As an extension of the money SMARTS system, we are also sharing a “cheat sheet” on which account to use for different types of expenses. Just fill in your details below and we’ll send you the link to download 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:
- How to Build a Property Portfolio and Retire on $2,000 a week >>

FREE BEST-SELLING BOOKS:
- The Armchair Guide to Property Investing
-

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