The Property Couch

Do you recognise this early warning sign!?! Yep. Straight from the studio, we’re unpacking “The Early Warning Sign: Where Most Investors Go Wrong With FOMO!” We’ll be honest with ya folks… this one’s a killer. ☠ And will cost you [...]

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The post (LIVE) The Early Warning Sign: Where Most Investors Go Wrong With FOMO! appeared first on The Property Couch.

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

Do you know the FOUR types of wealth!?!

Yep. Prosperity, or “wealth”, can be narrowed down to four specific categories – and in today’s episode, we’re unpacking each one so you can see where YOUR definition of wealth really sits!

Tune in now to learn all four types of wealth and join us as we deliver the gold straight from the studio (you just might hear Stig drop something in the background… ahhh, it’s great to be back!!!)!

As mentioned in today’s episode… This week only Get 40% off our Start & Build Online Course!

Given current market conditions and the fact that there’s a serious chunk of FOMO (Fear of Missing Out) going on, we’ve decided to discount our premium online course “Start & Build” so folks can get access to the correct education and fundamentals of property investing so they DON’T make any rash decisions they’ll regret later! This only course is now even more affordable to access with a significant 40% discount.

So, take advantage of the decade that’s coming, avoid FOMO, get educated on the proven process to build a property portfolio and create the type of wealth you really want for yourself. 

Free Resources Mentioned:

• Episode 275 | 7 Grades of Financial Wellbeing – Which one are you?
• QUIZ – Which Grade of Financial Wellbeing Are You In?
• INSTA – 7 Grades of Financial Wellbeing
• (Facebook LIVE #1) Top 3 FOMO Mistakes Property Investors Make!
• (Facebook LIVE #2) The Early Warning Sign: Where Most Investors Go Wrong With FOMO!
• QUOTE: Act Your Wage!
• MyWealth Portal – Features Money SMARTS, Money FIT and Money STRETCH
• Haberfield House bought for $32,000 about 50 years ago fetches $3.255m

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

If you listen to just one episode, please make it this one!

Folks, today we are chatting with one of our very own virtual mentors (of all time!)… BERNARD SALT!!

Yep. You’ve probably heard us talking about Bernard on the podcast before – indeed, he has formed a lot of our own views about where the demand for property is heading.

In a nutshell: if there is one person on earth who deeply understands the intricacies of Australians and what drives people 1) to this country, and 2) to make specific property and lifestyle decisions, it is this man!

It obviously goes without saying that over the decades we’ve absolutely read and reread Bernard’s highly-regarded book (just one of many) called “The Big Shift”.

Yep. Big Guest.

Bernard Salt is widely regarded as one of Australia’s leading social commentators by business, the media and the broader community. He draws on a range of data sets to interpret social change now into the future. He argues that social and cultural change are powerful forces that are reshaping the way we live, the way we work and even how we form relationships. He was awarded the Member of the Order of Australia (AM) in the 2017 Australia Day Honours and was a partner of KPMG until his retirement in June 2017, and still acts as a special advisor to the firm. Between 2011 and 2019 he was an adjunct professor at Curtin University Business School.

Now Bernard is the Managing Director of The Demographics Group, and he writes weekly columns for The Australian that deal with social, generational and demographic matters.

Essentially… Bernard is the Go-To Guru on how statistics tell human stories and what the data suggests about key future trends!

Tune in now – ripper episode, folks!

Free Stuff Mentioned

• Episode 314 | The Millennial Movement: How It’s Shifting Property Demand – Chat with Simon Kuestenmacher
• Social Atlases by .idcommunity
• Leave a Review on iTunes for your chance to Win a Start & Build Course!

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

Right. Let’s have the uncomfortable conversation – is The Property Couch just a platform for another couple of Spruikers to push property on you!?!

Look, we get it… this is a fair question to ask. One we recently received recently from a listener! And, who knows, maybe it might even be something weighing on the back of your mind as well.

Listen now, and you’ll hear our answer… we’ll leave it in your court to decide what you believe to be true.

Just a heads up – this is a Q&A episode, folks! So, while we definitely strip down to the bare bones on whether or not we are Spruikers, we’ve also got a couple of other themes in store for you…

• Good vs Bad: How To Navigate Investment Advice
• How Real Estate Agents Get Paid & Why Buyers Should Care About It
• When Property Investing Is NOT A Good Idea…
• What To Do When You Get Gazumped
• The Secret Sauce of Warren Buffet!
• How Can You Reduce Land Tax?
• When Will The Property Market COOL Down?
• How can you justify paying Lenders Mortgage Insurance?
• The Difference Between Investing & Treating Property As A Business…
• … and an Impromptu Data Demonstration from Ben!

Free Stuff Mentioned

• RBA April 2021: The Return of The Roaring 20’s!
• Instagram: The 7 Grades of Financial Wellbeing
• Free Quiz: What Grade of Financial Wellbeing Are You and How To Get To The Next One?
• Episode 275 | 7 Grades of Financial Wellbeing – Which one are you?
• Ask us a question on SpeakPipe

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

So… We’ve got this question for you…

Are we back in the Roaring 20’s?!

This video features Ben’s update on the Reserve Bank of Australia’s cash rate, and as always, he’ll be unpacking the economic and political update around the world and within Australia too.

Plus, Ben also includes his latest news and commentary on…

•  The Three Big Takeaways that RBA intends to keep
•  The World Economy’s growth is being fueled by these three key factors…
•  Australia’s most recent GDP updates!
•  A Return of The Roaring 20’s for the Australian Property Market?!
•  What are the signs to look out for?

Additional free resources:
If you’re looking to buy at the moment, make sure to check out our Mini-Series!

• Episode 325 | The Step-By-Step Process To Win In A HOT Property Market – Part 1
• Episode 326 | How To Win In A HOT Property Market (Part 2) – The Step-By-Step Process!
• Episode 327 | Winning A HOT Property Market (Part 3) – The Step-By-Step Process!

And One Final Word…

If you’re worried about your finances or if you have no clarity on your cash flow position, we strongly recommend you to organise your finances now. It’s more important than ever to have a clear view, down to the exact cent, on how much you’re spending each month and how much surplus you’ve got. If you don’t know it, then log in to your Money SMARTS Platform here and update the numbers.

Don’t have an account yet? Create your free access below and we’ll also send you an e-copy of the instruction manual which is also our best-seller book, Make Money Simple Again. Just 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 >>

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

Rental Reform is here. And with this comes quite the ‘sting’ for landlords. So we want to make sure our community – in particular, those who already own an investment property and also folks who are considering an investment property now or in future – know what to do to prepare for these new laws.

As of March 29th 2021, there have been 132 rental rule changes here in Victoria. And while these laws have NOT made their way into other states and territories across the county, we recommend all our listeners to tune in to this episode.

Here to help us unpack this New Legislation is Hayley Mitchell, Director of Geelong Property Managers and Director and Trainer of Mitchell PT, which provides training and consulting in the property management industry. She is a fully licensed Real Estate Agent and has worked in property management since 1999… and she knows her stuff when it comes to legislation change & how to best prepare landlords for New Policy!

Yep. We spoke with Hayley WAY back in Episode 249 when these proposed changes were on the horizon… but now that they are HERE, what do us property investors need to know???

And, most critically, Are these Rental Rules as “Fair” as they appear to be?

Listen now to find out – VERY important episode folks!

Free Stuff Mentioned

• Rental Rule Changes In Victoria – The Quick Guide
• Prepare for Rental Changes – Resources For Rental Providers
• Episode 248 | Everything You Need to Know About The 138 Changes Landlords Are Facing – Chat with Hayley Mitchell
• Get LocationScore For Less
• Join Property Investors Council of Australia (PICA) For $5
• Yellow Pages Ad – Not Happy Jan (LOL)

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

Did you know we all have a distinct “Money Personality”??

Yep – we do! And in this episode, we’re giving you the complete lowdown so you can identify which one is YOUR personality, as well as practical tips to improve your bank balance, make your Super work harder and build a nest-egg for your retirement that won’t cost you “an arm and a leg” to set up!

Folks, joining us today is our good friend and one of Australia’s leading personal finance commentators, Effie Zahos! Effie is Canstar’s Editor-at-Large and has more than two decades’ experience helping Aussies make the most of their money. As the money expert for The Today Show, Effie offers her insights into current money matters and – get this! – prior to joining Canstar, Effie was the editor of Money magazine for more than 20 years.

EVEN BETTER, Effie gives us some exclusive insights from her new book, “Ditch the Debt and Get Rich” that’ll have you on track to earning a passive income & tweaking your spending habits like a pro!

So. Which Money Personality are you!?! Well, let’s find out….

Psst… bonus points up for grabs if you can guess Ben’s money personality!


Free Stuff Mentioned

• Episode 105 | Insights from the Money Queen – Chat with Effie Zahos, Editor of Money Magazine
• Episode 235 | Money Hacks from the Money Queen – Chat with Effie Zahos
• Episode 250 | Roger Montgomery – Chat with Australia’s Warren Buffett
• Episode 200 | Paul Clitheroe – Timeless Wisdom from the Original “Money” Guru
• Episode 261 | How to Hack Your Habits to Make You a Better Money Manager – Chat with James Clear
• Start Money STARTS today!
• Leave a Review on iTunes for your chance to Win a Start & Build Course!

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

FOMO (Fear Of Missing Out) is certainly here in this hot property market, folks!

Let’s be real… the “Great Australian BBQ Topic” is officially on steroids right now — a combination of low-interest rates, rising property prices and lack of supply in the market is seeing all sorts of people jump in on “the property party” they perceive everyone else is enjoying.

So, we want to be direct with you… there are NO excuses to purchase property because of FOMO! The reality is you should NEVER make huge financial decisions on a whim or forget to “Look Before You Leap”.

A hot market — like the one we’re currently experiencing — is the perfect storm for property buyers to make mistakes and land themselves in hot water by stretching themselves too far, acting without thinking, falling into the “herd” mentality or disregarding that FOMO is a paradise for Spruikers!!

As a follow on to our 3-part mini-series on how to win in a HOT property market, today we’re tackling the Top 10 FOMO mistakes property investors make… because we DON’T want to see you getting burnt out there or Realising Too Late that you fell into the trap of Irrational Exuberance!! 

So, strap yourselves in folks… ‘cos we’re about to give you some TOUGH LOVE! 

Free Stuff Mentioned… 

• Free Learn on Instagram: Will You Fall For FOMO??  
• Leave a Review on iTunes for your chance to Win a Start & Build Course! 
• Become a PICA Member – $5 For A Year or $20 for 5 Years
• Episode 329 | From Sports Star To Successful Investor – Chat with Tom Symonds 
• Episode 123 | What is Owner-Occupier Appeal and How to Use It When Buying Your Next Investment? 
• Episode 310 | Is Property Just A Ponzi Scheme? 
• WOW! Sydney & The 60 Suburbs…  

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

Here to help to hit your passive income goals and explain exactly how this sports star became a successful investor is NRL champion, Tom Symonds!

Yep. Tom Symonds is a 10-year professional footy player (Roosters, anyone!?!) and, although retired from the game, Tom’s currently the Players Operations Manager with Rugby League Players Association. From 2009-2012, Tom played for the Sydney Roosters; from 2013-2016 for Manly Sea Eagles and from 2016-2018 for Huddersfield Giants!!

In other words – Tom is a Pro Athlete turned Pro Investor!!!

… And he has TWO Big Tips he wants to share with you that’ll seriously move the dial on how you create a passive income for life!!

This episode is an absolute “MUST” if you’re in the sporting world… BUT it’s not just for our sporting folks…

… Tom has some great insights into goal-setting (yep!), how to take your ego our of property investing AND – the delayed gratification piece – how to navigate the temptation of “Spend it all now” versus “Save some for later”!!

Tune in now to hear how this Sports Star became a SUCCESSFUL Investor (and the ups and downs along the way!)…

Free Stuff Mentioned… 

• Free Report: 10 Tips Every Landlord Needs To Know To Protect Their Property
• Episode 254 | NRL Star Unpacks His Money and Property Story – Chat with Matt Srama
• Episode 270 | How To Recover When You’ve Lost Everything – Chat with NRL Star Matt Srama and Jaemin Frazer
• Episode 135 | Andrew Bogut – Why is this NBA Superstar Still Adamant on Investing in Property?
• Episode 328 | The #1 Checklist For Landlord Insurance – Chat with Greg Rowe
• FREE BOOK – 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

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

This episode covers everything a landlord needs to know to PROTECT their investment property!

Sure, “Landlord Protection Insurance” probably doesn’t sound like the most exciting topic in the world… but we can assure you it is a VITAL part of a property investor’s Defence Strategy.

Here’s the deal… Building Insurance is NOT enough if you are NOT going to be the one living in your property… you need to make certain you have Third Party Cover and the necessary protection policies in place that are specific to a landlord’s best interests and needs.

So, here to explain The #1 Checklist For Landlord Insurance is an expert in the field – joining us today is Greg Rowe, CEO of Property Insurance Plus (PIP). Greg has extensive knowledge in ALL things Landlord Protection Insurance – like what to do to cover yourself from Loss of Rent, and loss or damage by tenants to your building and contents… on top of the “regular” cover to safeguard yourself from unforeseen events that could occur to your property.

So, what CAN and CAN’T landlords claim if something goes wrong?

Tune in now to find out, folks!

Free Stuff Mentioned…

• FREE Report: 10 Tips Every Landlord Needs To Know To Protect Their Property– Click here to download or simply fill in the form below and we’ll email it to you right away!
• RBA Cash Rate Announcement March 2021: Property Prices Break 17 Year Record!
• Episode 325 | The Step-By-Step Process To Win In A HOT Property Market – Part 1
• Episode 326 | How To Win In A HOT Property Market (Part 2) – The Step-By-Step Process!
• Episode 327 | Winning A HOT Property Market (Part 3) – The Step-By-Step Process!
• Episode 031 (Part 1) | Story of an Investor and Lessons Learnt along the Way – Chat with Carolyn Wright
• Episode 031 (Part 2) | Checklist to Getting A Great Property Manager – Chat with Carolyn Wright

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