The Armchair Guide to Property Investing

Drawing from Stephen Covey’s book and as promised in the previous episode (Exit Strategy in Property Investment), this week our hosts talk about the Seven Habits of Highly Effective Property Investors. Some of our listeners have asked us before about having the right mindset when investing in property and this episode sort of ties in with that. Bryce and Ben list out the seven habits that Dr. Covey talks about and explain how we can use them in property investment.

The first habit is to be proactive. As Bryce mentioned in the podcast, you won’t achieve Financial Freedom unless you take a step forward to make it happen. It is not going to happen by osmosis or by default. You need to get off your chair, overcome some conditioning and take action. Bryce and Ben will also be sharing some of the stories from their own personal journey as an investor and an advisor. Listen to the podcast to find out more.

Free Resources mentioned in this podcast:

• Bryce’s appearance on The Today Show – Hot Property
• Ben’s appearance on ABC News 24 – Australia’s Housing Boom

If you like this podcast: “Seven Habits of Highly Effective Property Investors”, 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 >>

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FREE MASTERCLASS:
- How to Build a Property Portfolio and Retire on $2,000 a week >>

FREE BEST-SELLING BOOKS:
-

LISTEN TO THE FIRST 20 EPISODES HERE >>

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👉 Apple: https://apple.co/3ioICGW
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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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This week on The Property Couch podcast, Bryce and Ben talk about planning ahead and having an Exit Strategy when investing in property. As Stephen Covey once said, “Begin with the End in Mind”. We think this concept can be applied to property investors as well. Now, there are a few exit strategies out there and as we’ve always emphasized, each household is unique and hence each investor’s exit strategy would be different. But generally, there are two main categories; either you buy and sell or you buy and hold. Under these categories, there are sub-categories and different scenarios where it’ll suit you better. Bryce and Ben will be discussing these exit strategies today so make sure you tune in!

Also, the Money Magazine Cover Story that we have been talking about is out. Grab one off the Newsstand today and let us know what you think!

If you like this podcast: “Exit Strategy in Property Investment”, 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 >>

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👉 Apple: https://apple.co/3ioICGW
👉 Google Play: https://bit.ly/3OT86bW
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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 >>

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👉 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 Questions and Answers time! Thanks for all the suggestions on new topics to cover in this podcast. For today’s episode, Bryce Holdaway and Ben Kingsley will be addressing questions from:

• Building and Pest Inspection question from Mark: How do I find a good quality building and pest inspector with the property market being so hot with auctions at the moment, how do I ensure I don’t burn through my deposit money when constantly missing out on auctions?  I could end up wasting thousands on inspections until I actually win at auction! Should I try doing it myself and find a friend or family member with some building knowledge or use one of the smartphone apps?
• Rentvesting question from Ryan: What are your thoughts on the property investor or herself buying and living in their own PPR or renting? Obviously, both have advantages, a place to call home or the ability to keep investing without losing potential borrowing capacity.
• Next Wage Growth Hotspot from David: As mentioned on previous podcasts, investors will want to avoid “glass ceilings” in terms of capped wage growth in certain areas.  Given the changing Australian economy (more knowledge-based), are there particular areas of Australia in which you expect to see wage growth occurring?

If you would like to access The Property Couch’s media kit, please email us here: [email protected].

Resources mentioned in this podcast:

• When should you Conduct A Building and Pest Inspection?
• What is Rentvesting and Is It For You?

If you like this Q&A episode, 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 >>

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👉 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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The debate on negative gearing and how it impacts the Australian Property Market is ongoing but when the RBA suggested that negative gearing might be up for a review last week, the debate got hotter. This is further fueled by the controversy about property bubble in Sydney and how property investors play a role in it. So this week on The Property Couch, Bryce Holdaway and Ben Kingsley decide to tackle this debate head-on and discuss the history of negative gearing, why some people are against negative gearing and how will it impact our economy if it’s scrapped off. Start listening to this podcast to learn more.

Also, The Property Couch is hoping to get nominated for the Investor’s Choice Award 2015 for the category: Property Educator/Mentor. We would like to spread the word on the podcast so that we can help more people avoid making bad investment choices and avoid buying the wrong asset. So if you think we are doing a good job, please do nominate us here.

Our details for nomination:

Name of the Organisation: The Property Couch
Name of the Person you deal with: Bryce Holdaway and Ben Kingsley
Suburb: North Melbourne
State: VIC
Phone number: 03 9326 8900
Email address: [email protected]

If you would like to access The Property Couch’s media kit, please email us here: [email protected].

Resources mentioned in this podcast:

• Negative Gearing vs. Positive Gearing – Which is Better?
• Victoria shoulder the biggest tax burden in the Nation (Article on The Age)

If you like this podcast: “The Negative Gearing Debate in Australia”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook pa

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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There are many factors at play when looking for an investment property, but did you know there’s actually a science behind selecting assets? 

Yep, that’s right folks! This science is called: The Buyers Decision Quadrant!   

It’s made up of… 

1. Price
2. Location  
3. Land proportion  
4. Quality of Dwelling 

We’ll explain what each one means, and while the concept is quite simple, the real achievement is understanding which part of the quadrant you are willing to compromise on and which is non-negotiable. 

We’re also looking at some great case studies  and comparing 1970s and 1990s apartments, and which one has fared better over time! 

Folks, it is rare for an investment property to tick all the boxes, and most of the time, you will need to journey through the Buyer's Decision Quadrant to make the right decision for you!  

So keep this episode on repeat 'cause we think this one will help with making those hard decisions again and again! 

Also, The Property Couch is hoping to get nominated for the Investor’s Choice Award 2015 for the category: Property Educator/Mentor. We would like to spread the word on the podcast so that we can help more people avoid making bad investment choices and avoid buying the wrong asset. So if you think we are doing a good job, please do nominate us here.

Our details for nomination:

Name of the Organisation: The Property Couch
Name of the Person you deal with: Bryce Holdaway and Ben Kingsley
Suburb: North Melbourne
State: VIC
Phone number: 03 9326 8900
Email address: [email protected]

Free Stuff Mentioned:  

• Just starting your property investing journey? Check out our FREE Binge Guide to the Foundations of Property, Finance and Money Management, which show you which episodes you need to understand the basics! Or fill in the form below and we’ll email it to you right away.  
• Check out Bryce’s article “Earn $2500 A Week at Retirement” which w

LISTEN TO THE FIRST 20 EPISODES HERE >>

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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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So we’re saying…. swimming pools are bad?!  

Building off last week’s episode on the advantages of using a Buyers Agent, we’re looking at the 4 ways an investor will pay… 

1. Buying the wrong _____  
2. By falling into THIS habit  
3. By ____too much  
4. By acquiring THIS information  

We’ll be explaining why swimming pools can mean trouble for investors… 
Sharing personal experiences and client stories AND delving more into how the Property Investment Professionals of Australia (PIPA) can help provide credible advice! Now, it’s up to you which way you pay but we’re unpacking what each method will mean over the long term.

PLUS we’re highlighting WHERE you should avoid having an ego explosion and linking it to lessons learned in previous episodes.

Is this the first episode you’re listening to? We recommend going back to the start and listening at 1.2x speed – we promise it’ll help you build your knowledge way faster!

But if you’re up to date – congrats! Tune in now to best understand your options when buying a property!

Also, The Property Couch is hoping to get nominated for the Investor’s Choice Award 2015 for the category: Property Educator/Mentor. We would like to spread the word on the podcast so that we can help more people avoid making bad investment choices and avoid buying the wrong asset!!

Free Stuff Mentioned:  

• Summary Video – Four Ways a Property Investor Will Pay
• RBA July 2015 Announcement
• Check out the Property Investment Professionals of Australia (PIPA) to verify the professionals you’re working with!
• Just starting your property investing journey? Check out our FREE Binge Guide to the Foundations of Property, Finance and Money Management, which show you which episodes you need to understand the basics! Or fill in the form below and we’ll email it to you right away.

LISTEN TO THE FIRST 20 EPISODES 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
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Folks, a good investment property is just like bricks and mortar bank account!! 

 (Yep, that’s another great analogy from Bryce – just wait till you hear the cow one too!)  

This means – it doesn’t need to have all the looks; it just needs to be investment grade. 

And this is exactly where Buyer's Agents come in!!

In today’s episode, we’ll be taking a looking under the bonnet and hearing what a Buyers Agents life is like, unpacking their role in the property market and discussing what the KEY advantages of using them are!

Of course, since we’re sharing WHY you need Buyers Agents, we’ll also be revealing WHERE you can find some great ones!

And we think we’re both in pretty good spots to be explaining it…We’re both experienced, qualified and licensed Buyers agents in multiple states across Australia!

We’ll be sharing some stories from our past… PLUS discussing the role that professional bodies such as the Real Estate Buyers Agents Association of Australia (REBAA) and the Property Investment Professionals of Australia (PIPA) play in the property market.  

Loads of good stuff in today’s episode, tune in now folks!  

• Just starting your property investing journey? Check out our FREE Binge Guide to the Foundations of Property, Finance and Money Management, which show you which episodes you need to understand the basics! Or fill in the form below and we’ll email it to you right away.  

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

Did you know, to be a great Property Investor… you need to be great in Finance!

This means you need to understand how to access money, and most importantly, understand how to use Leverage.

Yep, that’s right! And to better understand this concept, we’re drilling down into the Borrowing Power pillar, found in our Four Pillars of Mastery framework.

In theory, investors are supposed to be thinking of 2 properties or loans in advance, whilst setting up their current property.

Of course, the reason we said this, in theory, is because most investors simply don’t know how to achieve this as they lack the knowledge and experience.

So, what happens next?

Well, unfortunately, they go to the bank hoping that the bank or lender will sort it out for them, but what folks forget is…the banker works for the bank!

Bankers typically don’t have the capacity to conduct a thorough analysis of all investors’ loan strategies and structures. It’s kinda like going to the GP and asking them to perform knee surgery (not safe or practical!)

That’s why in today’s episode we’re discussing how to maximise your leverage, the difference between cross-securitisation to stand-alone lending (Hint: you should definitely avoid 1 of them)…

AND why you should choose a specialist over a generalist EVERY TIME.

We’re also looking at the strategy and structure behind good lending and who your personal banker should be!   

Tune in now folks   

• Just starting your property investing journey? Check out our FREE Binge Guide to the Foundations of Property, Finance and Money Management, which show you which episodes you need to understand the basics! Or fill in the form below and we’ll email it to you right away.  
• Free Report: 7 Common Mistakes when selecting a Property Loan
• Beginner’s Guide to Property Investment Webinar

LISTEN TO THE FIRST 20 EPISODES HERE >>

MOORR

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

Aaand we’re back at it folks!! Our first double-part episode…ALL IN THE SPACE OF ONE WEEK!

Yep. That’s how important we believe these two lessons are!!

So today we’re finishing our “5 Essential Steps to Property Investing in Australia” framework (Of course, if you haven’t already listened to the first part, tune in here) covering the last TWO steps of the process:  

4. Implement (The researching and buying – often what too many people do FIRST in the framework)  

5. Manage (The checking and monitoring of the property each year)  

Combined, these 5 steps will guide you to effectively and successfully plan and achieve your life goals! 

AND (in the wise words of Bryce) if you’d like to turn your dream into a goal, our business – Empower Wealth – offers tailored Property Wealth Planning strategies based on YOUR financial and life goals.

We discuss how these plans work and why they’re important…

Plus we define the 2 key metrics that Empower Wealth uses to create these insanely accurate financial plans!

(Did we mention these advanced calculations have been designed by Ben himself??)

If you’re interested in getting us to help you out with your property journey, check us out here!

There’s so much gold in this framework finale episode, tune in now folks! 

Free Stuff Mentioned:  

• Ep 3: Cash Flow Management
• Ep 4: Borrowing Power
• Ep 5: Asset Selection
• Ep 6: Defence
• Episode 016 | (Part 1) The 5 Essential Steps to Property Investing in Australia
• Check our Empower Wealth’s Property Portfolio Plan
• Just starting your property investing journey? Check out our FREE

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, we think Australia’s school curriculum should include money management and smart investing…

In fact, we believe so strongly that Aussies need MORE property education, that we’re expanding from our “Four Pillars of Mastery” series…

(Haven’t listened? You can check it out here!)

…into the first part of our “5 Essential Steps to Property Investing in Australia” framework!!

Yep, that’s right folks, we’re giving you yet another free framework that’ll guide you on your professional investing journey!

Today we’re covering the first 3 steps… 

1. Clarify (Understanding your financial and personal story, and your properties’ potential)  
2. Evaluate (This is the art of understanding your cash flow – basically, crunching those numbers)  
3. Plan (Putting a written plan into place)  

We’re breaking down each section and explaining how you can achieve it, with insider tips that we’ve learned over the past 40 years!

We’ll also be unpacking the Microscope challenge and listing some real-life examples in action. Tune in now to upgrade your knowledge!

p.s Make sure you check out the simulator that Ben mentions in this podcast, it’ll seriously help you to achieve these three steps!

p.p.s  Continue to >> Part 2 of 5 Essential Steps to Property Investing in Australia

Free Stuff Mentioned:  

• Ep 3: Cash Flow Management
• Ep 4: Borrowing Power
• Ep 5: Asset Selection
• Ep 6: Defence
• Just starting your property investing journey? Check out our FREE Binge Guide to the Foundations of Property, Finance and Money Management, which show you which

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