The Property Couch

There are many myths about buying property, but... it is important to avoid the hype of the headlines folks! 

In this week’s episode, we tackle some of the biggest property-buying myths going around – and bust them right open with facts and real-life examples from our team on the ground.  

This is Part 2 of our series on myths and misconceptions and today we unpack some of the big ones; 

🔎 Are property prices dropping?? 

🔎 The Time it takes to transact   

🔎 What is a Bargain Property? 

🔎 Unpacking the perfect property myth   

🔎 Set and forget strategies are non-existent…  

🔎 What is the Growth Corridor and what is the corridor measuring???   

🔎 How to avoid the hype!! 

Another jam-packed episode for you as we separate fact from fiction when it comes to buying property! 

Tune in now or watch it here >> 

LISTEN TO THE FIRST 20 EPISODES HERE >>

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- Make Money Simple Again

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LISTEN TO THE FIRST 20 EPISODES HERE >>

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

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- The Armchair Guide to Property Investing
- Make Money Simple Again

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When it comes to property investment, data is a very valuable tool for making informed decisions. 

However, looking at single data measures can be dangerous, especially when it comes to something as complex as the housing market. To truly understand affordability and sustainability, we need to consider a range of factors and look at the bigger picture.  

Take median house prices, for example. This is a commonly used statistic that can give us a general idea of the state of the housing market. However, by itself, it can be misleading.  

Folks, in episode 437, we have the perfect guest to help us unpack all things property data, what to look for and the dangers of looking at single data measures. We sat down with Kent Lardner, one of Australia’s best and most respected property data analysts. Kent has over 30 years’ experience in the industry focusing on property data and analytics. 

We will be diving deep into:  

🔣 The dangers of looking at single data measures
🔣 Looking at median house prices as a descriptive statistic
🔣 Affordability – what to look for
🔣 Are rent rises sustainable?
🔣 Kent’s craft and how it influences his decisions
🔣 And of course, unpacking everything going on in the market today  

You’re in for a massive episode today that’s full of knowledge and insights into what to look for when analysing property data! 

Tune in now or watch it here >> 

LISTEN TO THE FIRST 20 EPISODES HERE >>

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- Make Money Simple Again

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Welcome back to Ben’s RBA and Economic Update where this month's announcement could mark a “turning point” for Australia... 

Will the Reserve Bank of Australia finally end the country’s 11-month rate hike or is the inflation genie still out of the bottle?!  

Ben unpacks this momentous decision and what it means for Australia’s future (can we expect more rate rises?!). Plus, we’re diving into the latest market data which sees the country recording its largest drop in retail spending – ever (outside of COVID).   

Zooming out, Ben explores the latest news globally including the big headlines: Global Banks Are Failing Today. Tune in to understand why this happening and how the system works.

Here are the three other key themes for this month’s economic update: 

• US & Swiss Banking Failures - it’s time we learn more about the global banking system   
• The RBA cash rate decision – it was such a close call.  
• Property values are growing? Yes, that’s right, but is this sustainable, or will it turn out to be a dead cat bounce? More on that topic later in this update….    

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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LISTEN TO THE FIRST 20 EPISODES HERE >>

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👉 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

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Last week we sat down with one of our Mortgage Brokers and well, they shared a client’s story which completely shattered our hearts and became the driver behind today’s show….

You see, this client had fallen for a common but sadly misguided lending myth which resulted in her losing THOUSANDS of dollars…😮🙁   

That’s why, in this episode, we’ve switched things up to become Ben and Bryce, your Mortgage MythBusters!!  

From debunking the 8 most common mortgage myths to unpacking where these misconceptions came from, we’ll be sorting fact from fiction as we determine which myths are tales of caution to heed, and which are just misinformed opinions.  

And yes, we DO actually share the horror story which was the motivator of today’s show – tune in to 50:03 to hear what happens when bankers dish out the wrong advice  😞😭  

Seriously folks, avoid falling into the same lending mistakes and find out the truth in today’s episode. 

Tune in now or watch the episode here >>

Free Stuff Mentioned...

• Looking for an investment-savvy mortgage broker? Book in a free, no obligation consultation with our team who’ll steer you away from any myths towards financial freedom. Book your free appointment here >>  
• Are you MoneyFIT? Find out in Moorr, your next-generation money management platform. Sign up online, or download the Apple or Google Play app now!  
• What’s Making Property News: 
  • Green shoots in Perth? Walk-in buyer interrupts auction, takes house sight unseen
  • ‘To call me a greedy landlord is far from the truth. I’d rather be a tenant‘

LISTEN TO THE FIRST 20 EPISODES HERE >>

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👉 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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In our first Bonus Episode for 2023, (that’s also the fourth episode from the Talking Property Tax with Julia series), Ben is deep diving into the latest tax updates from across Australia!  

To help him, we’ve got Julia Hartman, Empower Wealth Chief Technical Advisor and Bantacs’ Founder 🧾👔📅 . Together they'll be unpacking...

• Changes to working from home Expense claims 
• CGT affects most of your assets – even gifting jewellery! 
• Renting a room out to an international students
• 2 Hectares & changes to what's considered your main residence, and 
• The New Windfall Tax in Victoria

Tune in now for an essential episode on the latest tax updates to help you maximise your 2023 returns.


Free Stuff Mentioned...

• Are you on the hunt for an expert tax accountant? Book a FREE consultation with one of our qualified tax accountants here >>
• For more excellent resources, check out Julia's Blog >> or read the full articles below:
  • Warning: Start a Diary of Your Home Office Use Now!
  • CGT Now Affects Most of Your Assets, Even Gifting Jewellery...
  • Mapping Out Your Property to Make the Most of CGT Concessions
• See the previous Episodes here: 
  • Ep 1: The Top 5 Tax Rules Every Property Investor Must Understand
  • Ep 2: (Part 1) Tax Planning Tips to Maximise your Returns
  • Ep 2: (Part 2) Tax Planning Tips to Maximise your Returns
  • Ep 3: Your Ultimate Guide To Reducing Tax on Vehicles, Private Insurance & Land
• Check out Julia's Home Office 2023 Spreadsheets here >> (Please note: These are only free for  Empower Wealth clients. If you are a client, please reach out to the Empower Wealth Tax Advisory Team, and they will be able to share that spreadsheet with you. For non-clients, please purchase it through the Bantacs website 😊 

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

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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Given today’s unique and nail-biting economic environment, it’s no surprise that so many people are asking,

“What is the next best move for me?!” 

And the sad truth is...there is no ‘one size fits all’! 

What we can give you contact~first.name, however, is the next best thing...

Our insider's knowledge, skills, tips and tactics that we (and our advisors) use for our clients that helps them to optimise their journeys!

Using real case studies from real clients, we’re unpacking everything from escaping debt burden to staying in the property game long term, to deciding whether to buy and investment property or home first.

Another episode stuffed full of knowledge, tune in now. 😊😊😊

Watch this episode here >>
 

• Work with our team of friendly and experienced advisors: Explore your options and opportunities and carve out your optimal investing journey (especially given today's turbulent market). Book in your free, absolutely no-obligation consultation with us today >> 
• Ben’s “What’s Making Property News?” articles:  
  • NSW’s Proposed Stamp Duty Reform Changes  & First home buyer grants and assistance
  • Kids Future Fund: A smart move!  
  • Labor’s Housing Affordability Plan  

 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

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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The ONE tax question we get asked all the time is... What name should I put my tax structure in?!?

And, as Ben says, “It is a minefield.”  To help you avoid getting into any tricky situations we’re unpacking everything you need to know about tax structures in 2023.

Did we mention...We’ve got help from one of the best!

Re-joining us in the studio (For the FIRST time in 2023 – which we’re BEYOND pumped!!) is Julia Hartman: Founder of BanTACS, Leading Tax Consultant at Empower Wealth and Tax structure extraordinaire!!

Basically, this is the ONLY episode you need to listen to understand tax structures.

And because we recorded this in the studio, you can also WATCH this episode on our YouTube Channel! Click here to check it out or tune in now!

• Free suburb reports end tonight! Our 8th Birthday surprise to you (5x Free suburb reports, usually $39) ends tonight, 16 March 11:59pm AEDT!!
  How To Claim Yours: Click here and enter the Coupon Code: TPCBIRTHDAY. Limit 5 per person. To ensure you are not charged, please purchase a single Suburb Report x 5 times. 
• New PICA Webinar: Watch  Ben’s latest PICA webinar on WA’s Tenancy Reform Strategy. Become a member to watch the replay >>  
• NEW MOORR FEATURE!  Check out your IncomeSPEED today! Create or log in to your free account in our online platform or download the app on Apple or Google Play today! 
• For those who left us a 5-star written review in our Moorr app – Thank you! Email us to claim a FREE Start & Build course today 
• Ben’s “What’s Making Property News?” articles:  
  • #1: An investor with 12 properties who’s struggling. Read it now >>  
  • #2 – Is Australia’s market balancing? See the graph Ben talks about 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

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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Humans are not rational creatures - especially when it comes to our finances.

So how can we identify and navigate our natural human biases and emotions around investing and risk?!

Folks, in Episode 433 we’re exploring all of this and more as we dive into the fascinating topic of behavioural finances with the help of returning podcast guest and ultimate money mindset guru, Evan Lucas!

Author of the best-selling book Mind Over Money: Why understanding your money behaviour will improve your financial freedom, he is also an experienced market strategist and super passionate investor! 

From exploring the most common human biases in the finance world to how you can conquer and embrace risk and scary emotions when investing,  we'll also be deep diving into everything going on in the market today from Super to rising rates.  

• 6,000 reports generated?! Our 8th Birthday surprise to you (We gave away our Suburb Report for FREE (RRP $39) was so popular we’ve decided to extend it by 1 more week!
  How To Claim Yours: Click here and enter the Coupon Code: TPCBIRTHDAY. Limit 5 per person. To ensure you are not charged, please purchase a single Suburb Report x 5 times. If you add 5 Suburb Reports into one cart purchase, you will only receive a $39.00 discount. Hence purchase one report at a time please 🙂 This offer expires on 16th March 2023.
• Worried about rising rates? Stress-test your finances with Moorr. Create or log in to your free account on our online platform or download the app on Apple or Google Play today!
• Ben’s newest Moorr tutorial video here >> 
• For those who left us a 5-star written review in our Moorr app – Thank you! Email us to claim a FREE Start & Build course today 😊
• Check out Evan’s awesome new book, Mind Over Money here >> 
• Ben’s latest RBA update here >> 
• RBA Gov. Phillip Lowes’ speech here >> 
• Read the article from Ben’s “What’s Making Property News?” here:  
  • ‘As strong as it’s ever been’: Toorak mansion sells for $30 million 
  • This CEO picked the top of the property market, now he’s spending up 

LISTEN TO THE FIRST 20 EPISODES HERE >>

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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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Welcome back to another monthly RBA update and yet another cash rate hike. (No surprises here folks!).

Tune in now to find out whether we’ve crept up another 25 basis points bringing the rate to 3.60%, or if the Reserve Bank of Australia has decided to jawbone consumers this month to curb spending.

Overarching all this is the goliath question...

If the economy is slowing (tick), unemployment is rising (tick), and wages are contained (tick), then why haven’t we seen interest rates pause!?! 

Listen now to hear Ben dive into this question and unpack Australia’s data from the last month reflecting disconnected sentiment, disinflation and a domestic market still finding its footing. 

Plus, Ben also includes his latest news and commentary on…
👉 The US’ data shows a story of resilience – but the Fed isn’t happy
👉 The key to China’s economic rebound
👉 Europe raises interest rates to its highest levels since the GFC
👉 The RBA is taming our inflation beast with a blunt sword
👉 “It gets worse before it gets better”:  Unpacking Housing Supply Levels
👉 Is now the time to invest? and Ben’s predictions for when investors will return to the table
👉 CoreLogic’s Home Value Index – 1 March 2023, and lots more!

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/     

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

BEST-SELLING BOOKS:
- The Armchair Guide to Property Investing
- [Free] Make Money Simple Again

FIND US HERE:
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- Youtube

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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It’s sad but true, we’re back covering yet ANOTHER tax grab that’s set to take 62.5% of your earnings...The Windfall Gains Tax. 🤯

Welcome back to our first Q&A session for 2023 where we’re tackling this shocking tax grab, along with a line-up of fantastic questions like…

👉 Should I renovate and rent now or rent then renovate later?!
👉 Why buy Established over new housing?! (How much do you really benefit?)
👉 And if diversification is the key to growth, should one expand their investments beyond property?!  

Another jam-packed episode that sees Ben more fired up than ever (and not just because he gets called Benjy 😉 ). Tune in now!  

 
FREE STUFF  MENTIONED...

• Happy 8th Birthday on The Property Couch! To celebrate we’re giving away 1-week FREE access to our Suburb Report (Usually costs $39). Click here and enter the Coupon Code: TPCBIRTHDAY. Limit 5 per person. Note: To ensure you are not charged, please purchase a single Suburb Report x 5 times. If you add 5 Suburb Reports into one cart purchase, you will only receive a $39.00 discount. Hence purchase one report at a time please   This offer expires 9 March 2023.  
• Learn how to make your WealthSPEED go faster! Check out Ben’s newest video >> 
• Read the article from Ben’s “What’s Making Property News?” here >> 
• Send us your questions!  (and if it appears on the podcast, we’ll send you a Start & Build course for free!) 
• For our Moorr users, if you’ve gained value from our money management platform, we’d seriously appreciate it if you left us a 5-star review on Apple or Google Play! 
• Episode 418 | The Hidden Forces Driving Property Values 

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

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