If we could go back and invest in property all over again, what would we do differently?!

Well, for one, Bryce probably wouldn't have bought a Harley Davidson!!

Folks, this is exactly the stuff we’re unpacking today – the Top 10 Tips we’d tell our “20-something” year-old selves BEFORE we purchased our first property!

To give you an idea… Ben purchased his first property at 23 & Bryce at 24. So, if we fast forward a couple of decades to where we are now – two of Australia’s leading property experts, each with a multimillion-dollar property portfolio — what would we go back in time and tell ourselves? 

‘Cos, let’s be real, it was anything but a “walk in the park” – and we both made some really stupid and regretful decisions to get where we are now! And we’re sharing these, ahh, “rookie errors” with you so you can AVOID them yourself… or — if like us, you didn’t know you were doing the wrong thing – help you course-correct quickly!!

And folks, we’re NOT proud of how we’ve learnt some of these tips. Sure, some of us have to “learn things the hard way” and, while it’s all “part of our journey”… we really suggest you learn from our “if only we knew this…”!

Almost always, wealth creation comes from modelling those who’ve achieved the results you’re after, but here’s another bonus tip… wealth creation comes much easier when you learn about the mistakes SECOND-HAND. 

Enjoy the Top 10 Tips — we’re super excited to share these with you, even if we feel a bit vulnerable doing it!

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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You’ve probably heard Commbank’s “warning” that property prices could drop by “a third” as a result of the unemployment levels due to COVID-19.

You’ve probably ONLY seen this scary number come out of their March Quarter 2020 Trading Update, though right?

Probably because it’s the ONLY number being reported in the headlines!!!

But what’s really interesting is there’s a whole lot of OTHER scenarios that the Commonwealth Bank of Australia also modeled… and… guess what? Yep, you’re only getting the clickbait answer!

So, in today’s Q&A, we’re going to let you in The Best & The Worst-Case scenarios, and what Commbank actually believes is most likely to happen with property prices, according todata.

After that, we’re going through a fair few questions that have also come in over the last two weeks!

Plus, Ben’s also introduced a BRAND-NEW SEGMENT — “What’s Making Property News” — and you can just imagine how excited he is, right?!

We tick off quite a few boxes in this episode folks, so definitely tune in if you’re keen to hear what we can likely expect between now and 2022, and also get some current property, finance, money management and COVID-19answers!

Free Stuff

• PICA COVID-19 Sentiment Survey (literally takes 2 mins to do, folks!
• Free PDF: COVID19 Property Risk Regions – Property markets most at risk due to COVID unemployment ]
• Leave us your review HERE for your chance to WIN FREE ACCESS to our online course (it doesn’t matter if the review is good or bad, you still get the chance to win )
• TPC MyWealth Portal – Money SMARTS, Money FIT & Money Stretch (coming soon!)
• Like Us On Facebook (to see us go through every single chapter of The Armchair Guide To Property Investing – How to retire on $2,000 a week!
• Get Your Free Book Here – TAGPI (just pay shipping)
• Get Your Free eBook Here – MMSA

LISTEN TO THE FIRST 20 E

LISTEN TO THE FIRST 20 EPISODES HERE >>

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FREE MASTERCLASS:
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FREE BEST-SELLING BOOKS:
- The Armchair Guide to Property Investing
- Make Money Simple Again

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Is the “home office” the future office? Coronavirus has changed the face of many businesses – entire companies are now working from home, retail shops have switched to online selling and others, like cafés and restaurants, have simply “shut up shop”, either temporarily as they wait for the storm to pass, or permanently.

So it begs the question… is investing in COMMERCIAL property still a good idea?

Well, returning to the Couch is Scott O’Neill, Founder and Director of Rethink Investing, a buyers agency that specialises in both commercial and residential real estate! Yep, we first heard from him back on Episode 230 | From Residential to Commercial Investing: How this guy quit his Day Job at 28 … and today we’re in for a very special treat as Scott walks us through the key themes unfolding in the office, retail and industrial space… PLUS, he gives us his expert opinion on the “new normal” in commercial real estate, so our folks interested in investing in commercial property know what to aim for, what to avoid and how to find the right commercial properties!

Oh, and Scott even manages to sprinkle in a few nuggets of gold on residential real estate too!

This is a fascinating and knowledge-backed episode that really sinks in a few key messages – and not just for our commercial property investors, but also for the rest of us who simply want to navigate this coronavirus and learn investing best practices!

Free Stuff

• Everyone Matters in Real Estate by REINSW >
• LEGO Masters on 9Now >
• More info and registration for the Job Keeper Package >
• Ben’s RBA Cash Rate May 2020 here >
• A FREE copy of one first best-seller, The Armchair Guide to Property Investing here >

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- Make Money Simple Again

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It’s the full month after Australia’s social restrictions so… what should we expect in today’s RBA Board meeting?

One thing for sure, the cash rate remains at 0.25% and while there isn’t too much of a surprise there, Ben is about to walk you through the THREE CRITICAL THEMES unfolding with regards to the direction, outlook and recovery of the economy; both here in Australia and globally.

Free Resources mentioned in this Update:

• Ben’s Blog on ‘Talking Up’ Property or Subject Matter Knowledge? – Property Prices in the Short Term: Read here
• RBA Economic and Financial update: https://www.rba.gov.au/speeches/2020/sp-gov-2020-04-21.html
• IMF Real GDP Growth in 2020: https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD

What’s discussed in this Update?

• Distressed Selling in Property
• What Property Type is MOST at Risk Right Now
• When Can The Economy Expect To “Bounce Back”?
• US Economic News
• Chinese Economic Activity
• Australian Politics — And What This Will Mean For Property Investors, Home Owners and First Home Buyers
• Australian Economy Update & Future Outlook
• Unemployment (where’s it sitting & where it’s looking to go…)
• Retail Sales
• What Australian Banks Are Doing Right Now
• Credit Growth & Dwelling Approvals
• What To Watch Out For In The Coming Months… (especially regarding self-isolation bans and property predictions)

This is another BIG RBA ANNOUNCEMENT with everything going on at the moment, but it’s definitely in your BEST interest to watch so you stay up-to-date with what’s currently happening!

LISTEN TO THE FIRST 20 EPISODES HERE >>

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FREE MASTERCLASS:
-

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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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“Kyal & Kara” Demmrich became household names after the humble chippy & physio joined The Block back in early 2014 for their Fan Vs Favs series. And when that popular reality program was over, the courageous renovation-lovers decided to do it ALL again – this time on Reno Rumble in April 2015!

And now, with their own successful Design & Construction business, Diverse Design & Build, and tackling their own Renovation Series, Kyal and Kara are a near-perfect example of what it’s like to renovate, raise kids, run a business and not lose your mind in the process!

In fact folks, we’ve ‘gotta hand it to them – this couple is remarkably positive, healthy and staying ahead of the game!!

And guess what’s even more surprising? We actually interviewed them during “The Week They Never Want to Repeat!!”

So. What’s their secret?

And what Renovation Tips could the rest of us benefit from?! (Maybe BEFORE you “do a Ben” and challenge your sanity by renovating the family home!

Free Stuff Mentioned

• Kyal and Kara – The Block Audition Video
• Blue Lagoon Build (Kyal & Kara’s Renovation Series)
• Episode 132 | Josh and Jenna from The Block! New things for this Bickering Couple and their Tiny House Movement in Australia
• Free Report: Top Tips on How To Master the Foundational PIllars in Pandemic Times or just fill in the form below and we’ll email you the PDF right away!

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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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As each State Govt rushes to respond to this health crisis, we strive to update our community on the most recent changes relating to residential real estate as well. And this update is no different.

This time, we’ll be unpacking the New Residential Rent Relief Grant released by the WA Govt last week on the 23rd of April 2020! The WA State Government is making available $30 million for grants of up to $2,000 for Western Australian residential tenants who lost their jobs on or after 20 March 2020 and are facing financial hardship due to the COVID -19 pandemic.

Here to fill us in on the details is Damian Collins, President of REIWA, the Founder and Managing Director of Momentum Wealth and also the Chairman of commercial property funds management business, Mair Property Funds.

In this short update, we’ll be covering these questions:

• How are WA landlords and renters affected by a moratorium on evictions?
• If there is any Land Tax Relief for Property Owners?
• Can rent be increased during the emergency period?
• What is the emergency period?
• What constitutes Financial Hardship and what documents are needed?
• Can a renter ask to reduce their rent payments?

For more questions relating to WA Rent Relief Grant, please refer to this website: https://www.commerce.wa.gov.au/consumer-protection/residential-tenancies-covid-19-response

And of course, if you’re a tenant and are currently facing financial difficulties due to COVID-19, we strongly recommend you to check out the New Residential Rent Relief Grant by the WA Govt here to apply for the grant. 

Free Resources

• Residential tenancies – Western Australia COVID-19 response
• WA Govt. Residential Rent Relief Grant Scheme
• Become A PICA Member

LISTEN TO THE FIRST 20 EPISODES HERE >>

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FREE MASTERCLASS:
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FREE BEST-SELLING BOOKS:
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- Make Money Simple Again

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And so our theme of chatting with the Presidents of the property markets across the country continues!

Here to tell us what’s happening in Bryce’s hometown (Perth ) and the best strategy a property investor should adopt in WA, is… Damian Collins, President of REIWA – the Real Estate Institute of Western Australia!

The last time we checked in with Damian was waaay back in Episode 73… and there’s been more than a few changes in the WA property market between then and now… plus, even more news since COVID-19 came on the scene!

A bit about today’s guest… Damian has served on the REIWA Council since 2011 and was elected President of the Institute in 2018. He’s been an active investor for over 25 years and is ALSO the Founder and Managing Director of Momentum Wealth  – a Perth-based property investment consultancy. As well as all this, he’s also the Chairman of a commercial property funds management business, Mair Property Funds.

We tackle the big question… Should a Buy & Hold Property Investor actually invest in Western Australia?

This one is for our WA folks… and those interested in what’s happening on the grounds in the Perth property market… 

• Pre-COVID-19 
• During COVID-19 
• Post-COVID-19 

Free Stuff 

• Episode 73 | Building a property portfolio in a tough market – Chat with Damian Collins 
• Episode 256 | From Gold Mine To Fool’s Gold: How This Property Investor Nearly Lost It All During The WA Mining Boom! – Chat with Rick Hockey 
• Property Investors Council of Australia (PICA) – Become a Member Today 
• And of course, our Free Report on the Top Tips on How To Master the Foundational PIllars in Pandemic Times! Just 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 >>

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FREE MASTERCLASS:
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FREE BEST-SELLING BOOKS:
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- Make Money Simple Again

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Time for our monthly catchup with Nerida Conisbee, Chief Economist at realestate.com.au! It’s a long one today but we promise you it’s jam-packed with absolute gold!

So here are some of the discussions we had today:

•  What’s been happening in the rental market and AirBnB listings?
•  How did the Job Seeker and Job Keeper payments impact the real estate industry?
•  Which Australian markets are showing strong rental demand?
•  What’s the ideal strategy during these uncertain times?
•  When is a good time to sell your property?
•  What conditions have to be met to cause a 40% drop in the Australian Property Market as a whole?
•  How does the Australian Property Market compare to Japan’s?
•  What’s likely to happen on the other side of this pandemic?
•  How are home buyers and investors’ activity looking like at the moment compared to previous months?
•  What are online auctions and are they efficient enough to replace offline auctions?
•  Tips on how to research and inspect a property online.

Hope this helps folks and don’t forget to check out last week’s episode on Coronavirus and Property FAQ here.

p.s. Want more of this? Subscribe to our podcast every Thursday at 3pm on iTunes, Spotify or your favorite podcast app!

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

FIND US

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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What a difference a couple of days makes, huh?!!

Back on the couch is Antonia Mercorella, CEO of REIQ… with some GREAT NEWS!!!!

In light of last week’s episode, the Queensland Government has reached out to The Real Estate Insitute of Queensland (REIQ) to collaborate on a package that ensures protection for EVERYONE… ie. tenants AND landlords!!

Antonia will fill you in on all the amendments to the proposed Rental Relief Package, what this means for landlords and tenants, and exactly HOW the reversal of this initial “Shocker” of a policy came about!

You can learn more about QLD Rental Relief Package here: https://www.covid19.qld.gov.au/the-hub

The amendments to the proposed Rental Relief Package include: 

• Rent payments and unpaid rent: Property owners and tenants can now agree on the terms of reduced rent and deferred repayment requirements. 
• Financial hardship requirements: The combined income of tenant/s must have reduced by more than 25% as a direct result of COVID-19 or where the rent amount exceeds 30% of income/s and tenant/s cannot afford to pay the rent. 
• Substantiation of financial hardship: Tenants must provide the same level of proof of income as is required at the start of the tenancy to seek a rent reduction. 
• Entry requirements: The Government will provide clear guidance to ensure access for essential repairs and maintenance, the sale of a property and virtual inspections. 
• Break lease: To qualify for the Government’s break lease provisions, tenant/s must be in severe financial hardship which is defined as a 75% reduction in combined tenant/s income and have less than $5,000 in savings. 
• Extension of a tenancy: A fixed term tenancy will be automatically extended to 30 September 2020 unless agreed otherwise. 

You can learn more about QLD Rental Relief Package here: https://www.covid19.qld.gov.au/the-hub

Free Resources

• Support REIQ Here (it’ll literally take you 1 minute)

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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Leanne Pilkington is no stranger to real estate. When she first started in the property industry almost four decades ago, things looked a bit different from what they do now…

For one, she was literally fired from her job every Friday afternoon! And now? Well, today’s guest is the PRESIDENT of Real Estate Institute of New South Wales (REINSW) — the largest and most influential association of real estate professionals in the country’s biggest property market!

Sure, Leanne Pilkinton is one of the most respected and sought-after commentators in real estate and a strong advocate for women in the profession, lobbying for improved education and training across the entire industry… but she’s also the Managing Director of leading NSW boutique real estate group Laing+Simmons.

And she knows the market inside and out!

Obviously, with everything COVID-19 going on, it’s safe to say that Leanne is VERY MUCH in the trenches, lobbying the government and looking at new ways the real estate industry can adapt to this climate while also being really honest about the fact that quickly formed legislation can have a disastrous impact on real estate agents, property managers and landlords.

This is a passionate and knowledge-sponge of an episode, folks!!

The Free Stuff

• DOWNLOAD PDF: Claiming Tenancy Hardship
• JOIN PICA: $5 for 1 Year or $20 for 5 Years

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 >>

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