The Property Couch

It was mid-2017 when David List and his wife, Lisa, decided to purchase their first investment property. But a few days into the settlement, and feeling a bit of buyer’s remorse, David did a quick Google stalk to see what else he should probably know about investing… and that’s when he stumbled upon these two middle-aged larrikins riffing about property, finance and money management!!

From there, we’d like to think it became an immediate love story with The Property Couch… but, truth be told, that day we completely overwhelmed him, making David feel like there’s way more to “all this” than he first realised.

Thankfully, somewhere along the line, we must’ve said something that made sense because he quickly got all in gold in the first twenty episodes, which got him up to speed on the fundamentals we’re all about. And one of those fundamentals — one of our Four Pillars of Mastery — was, of course, Cash Flow Management.

This set fire to a whole new David and has transformed him into one of the BEST money managers we’ve ever seen!

Free Resources Mentioned:

• Episode 117 | Everything You Need To Know About Depreciation Changes – Chat with Bradley Beer, CEO of BMT Tax Depreciation: https://thepropertycouch.com.au/ep117-depreciation-changes-bradley-beer/
• Episode 257 | The Exception To The Rule When It Comes To Off The Plan Properties & House And Land Packages: https://thepropertycouch.com.au/ep257-off-the-plan-properties/
• Episode 258 | WARNING: The Unconscious Mental Triggers Property Spruikers Use To Trick You: https://thepropertycouch.com.au/ep258-property-spruikers/
• MMMSA (FREE Book): www.MakeMoneySimpleAgain.com.au

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

When he bought his first investment property, Joey D’Agata was too nervous to do his own bidding. But, flash forward four years, and he’s now self-built a high-income producing portfolio consisting of SIX properties. And, even more impressive… he’s only 26!!

So folks… how on earth did Joey make this happen for himself? Especially considering the fact that when he first started saving, he was earning less than $50,000 a year and was seriously concerned that someone in their twenties wouldn’t be able to afford to buy a SINGLE property, let alone go ahead and invest in six of them.

So, the multi-million dollar question is… how’d he do it?

Well, this is where the $4,000 comes in…..

… Keep in mind, there’s a bit more of a back story here, which we’re unpacking in this episode, but here’s the quick overview: Joey “embraced” Lenders Mortgage Insurance (LMI).

Now, when it comes to Lenders Mortgage Insurance, we always say… “Avoid it when you can, but embrace it when you have to.”

Why??? … well, that $4,000 cost went on to put Joey in a position where he could buy another FIVE properties.

Your Free Resources

• FREE BOOK (Physical copy) – The Armchair Guide to Property Investing
• FREE BOOK (PDF version) – Make Money Simple Again
• Episode 242 | Proof That You Can Get on the Property Ladder AND Invest in Property in Your 20s – Chat with Courtney Te’ray
• Episode 097 | Q&A – Mechanics of LMI, Purchasing Foreclosed Property, Stretching Your Investing Budget and more
• TPC Binge Guide – The Best Bits From The First Twenty Episodes

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… Have you ever wondered…

• How do you match-up financially for your age?
• How do you measure-up to other households like yours?
• How are you tracking compared to others?

If you have, that’s great!! We’re thrilled to announce this new update on Money FIT which allows you to…

• Compare household incomes
• Compare household total expenditure
• Compare down to each expense item level i.e Your Grocery spend vs. Others Surveyed

Getting excited (or nervous) about the prospects of finally get a far better idea of where you stand — financially?

Well, what if we told you that you can also filter the data for greater insights… Your household compositions vs. others by:

• Age group
• Location
• Expense item
• Household Income
• Surplus money
• Net worth
• Nest egg

Remember, knowledge is empowering but only if you act on it.

Log in to MyWealth Portal Now and check it out!  https://tpc.moneysmarts.com.au/

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

It turns out a bag of M&Ms has the power to build a passive income…

Sure, there are a few more steps to get from “A bag of M&Ms” to “A passive income”… but you can bet on the fact that it does NOT take away from today’s epic storyline!

And it’s one heck of an epic storyline that involves not JUST a packet of chocolates… but also 50 cents… a half-year-long sabbatical and… wait for it…. a property portfolio consisting of only TWO INVESTMENT PROPERTIES that will deliver $120,000 passive income in retirement!!!

Spoiler alert: today’s guest Keno Diamante is about to tell you exactly why planning ahead WILL change the game for you! And why is he in a position to share this story?? Well folks, he’s walking proof of it!

Before we get to the awesome chat with Keno today, here’s a quick message to all Queensland Property Owners. The Queensland Government has proposed changes to the rental tenancy legislation and you only have until 5pm, Saturday 28 December 2019 to have a say. So it’s imperative to act now and ensure property investors are heard on an issue that will affect your financial security. 

Your Free Resources

• Episode 157 | 7 Reasons Why Investors Should Think Like Ants
• FREE BOOK (Physical copy) – The Armchair Guide to Property Investing
• FREE BOOK (PDF version) – Make Money Simple Again

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

When Gabby first invested in property, she lost her nerve and pulled the pin early … she sold everything. And a very big reason she got rid of the lot was simple and actually pretty common — she didn’t have enough confidence that she could “weather the storms” accordingly.

But then she found Money SMARTS, our simple 7-step money management system… and now Gabby’s life — as well as that of her husband and their 11 and 13-year-old kids — looks a WHOLE lot different!! For one, they have financial peace… and, armed with a strategic Plan to earn a passive income for life, they’re about to embark on investing again… this time with confidence they’ll be able to hold onto the properties for the LONG TERM.

We started our Summer Series with James Clear teaching us How To Hack Your Habits To Make You A Better Money Manager … and now you’re about to hear it from someone who went ahead and actioned it!

AND a Special Announcement to fellow Investors out there…

As Ben mentioned, if you own an investment property in Victoria, the proposed changes to the Victorian Rental Tenancy Act will impact you, so it’s important that you act now. Given the significant changes to the Act, your property could be impacted in terms of:
1. It’s future Value
2. How you manage the property going forward
3. Your tenant selection process

The Property Investors Council of Australia (PICA) is asking you to make a personal submission to the Victorian Government regarding this legislation. You only have until 5pm on Wednesday 18 December 2019 to have your say on the draft regulations. You must act now to ensure property investors are heard.

Free Resources Mentioned:

• FREE BOOK!— The Armchair Guide to Property Investing
• FREE BOOK!— Make Money Simple Again
• Episode 149 | Money Tips to Survive this Christmas

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

Have you ever wanted to create better habits… and have them stick for the long term… even when your willpower is gone??

If you’re like us (and practically every other human on the planet), chances are you probably have! Despite the best of intentions, at some point or other ALL of us have struggled to stick with positive routines or follow through on what we said we’d do!

So, folks, imagine if right now you were about to get an easy and proven way to build good habits AND break bad ones….. well, you can imagine how game-changing it be, right??

Well, we’ve talked this guest up for a while now… and it’s about time we introduce him to you…

Here, all the way from US, with a practical solution to build a system for getting 1% better every day, is none other than…

… JAMES CLEAR!!!

Yes, he IS the guy Bryce has been banging on about since we attended the Australian Real Estate Conference (AREC) back in June… and who made a HUGE impact on the two of us… both professionally and personally. And here’s why…

James Clear is a writer and speaker focused on habits, decision-making and continuous improvement. He is the author of the New York Times’ best seller, Atomic Habits (we highly recommend this one folks!). And his website — https://jamesclear.com/ — receives MILLIONS of visitors each month with hundreds of thousands who subscribe to hear his insights, which bridge the gap between scientific research and practical life. James is a regular speaker at Fortune 500 companies and his work is used by coaches and players in the NFL, NBA and MLB.

Here’s just a tip-of-the-iceberg look at what we’re discussing today…

• Motivation is overrated; environment often matters more
• How to start small consistent habits that will lead to unimaginable results
• Forget about goals, focus on systems instead

Before kicking-off THE FIRST EPISODE OF OUR SUMMER SERIES, here are your resources…

• James’s Book — Atomic Habits
• Email the Premier — RentalReforms.com.au

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

The process of building wealth is like operating an excavator truck.

http://bit.ly/35CWlOX

What do we mean by that? An excavator comes with a few levers that you’ll need to push and pull to make sure that it’s doing what it’s meant to do. So in this Facebook LIVE, Bryce and Ben share four levers that you’ll need to adjust to achieve your own specific and unique end goal. And the faster you can adjust each of these levers, the quicker you’ll get to your goal.

Tune in to this Facebook LIVE to learn more.

And of course… it was our Black Friday Sales folks!!! This is our first sale ever so we’re a bit excited about it AND since you’re part of our community, we’re letting you know that the offer is still up!

Here’s the link to claim your Free Copy of The Armchair Guide to Property Investing >> www.thearmchairguide.com.au

P.S. Interested to learn more about building a property portfolio? Here are our top recommendations!

• Episode 004 | Four Pillars of Mastery – Borrowing Power
• Episode 164 | Q&A – How to Avoid Poor Loan Structure
• Episode 244 | Borrowing Power in 2019: Everything You Need To Know

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

It’s the final cut of the year folks! Did you know… for 34 months between August 2016 and May 2019, the cash rate was on hold at 1.5%? And just this year alone, we’ve got three cuts! More about that in today’s RBA Commentary. 

Now, what’s in store for this month’s RBA Cash Rate Decision? Here’s what Ben will be unpacking in this month’s session:

• What’s forecasted for the Global Economy in 2020
• RBA’s Unconventional Monetary Policy – What they thought of 2019 and what they have in mind for 2020
• Update on equity and housing market – Are we on the rise?
• The newest update from CoreLogic Housing Market Index – Download here
• What’s the unemployment data showing us and is wage growth still stagnant?
• How’s the property story going across the capital cities?
• And more…

DISCLAIMER: This podcast is general information only and is an opinion comment by Ben Kingsley. The information contained in this video is for Australian residents only. The information does not take into account the particular investment objectives or financial situation of any potential viewer. It does not constitute, and should not be relied on as, financial or investment advice or recommendations (expressed or implied) and it should not be used as an invitation to take up any investments or investment services. No investment decision or activity should be undertaken on the basis of this information without first seeking qualified and professional advice.

The Property Couch, its employees or its contractors do not represent or guarantee that the information is accurate or free from errors or omissions and therefore provide no warranties or guarantees. The Property Couch disclaims any and all duty of care in relation to the information and liability for any reliance on investment decisions, claiming the use or guidance of this publication or information contained within 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
- 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

How do you know if you’re following the right investment strategy? Like… how long are you meant to wait until you buy the next property? And how much should you look at spending? OR what about all the variables in the mix — say, you or your partner is about to take maternity leave, or your overall aim is to leave a decent inheritance for the kids? And where do cashflow-positive properties fit in to all this? (And what even are they??)

We get it folks… there’s A LOT to consider when it comes to picking and following the right investment strategy!! Let alone adding on top of that trying to factor in future costs, changes to income, individual needs and capital gains on each property!

So, in this special Q&A on property investment strategies, we’re going to answer a handful of our listeners’ very own questions that dive into the common dilemmas and unique situations folks are facing!

Plus, given the recent news, we’re going to touch on the proposed changes to Queensland’s Residential Tenancy Act as well!! Learn more about the ‘Opening the Doors to Renting’ Reform here.

Oh, and not to mention we have a very, very special gift for you…

(which we hope will even the par on the “Black Friday” discounts happening all over the globe, which let’s be honest, aren’t exactly designed to make your money work HARDER for you!)

 
Yes, really. We’ve got a stack of books ready to go in the office — and until we run out, we’re GIVING THEM AWAY! Here’s our crazy deal…. We pay for the book. You pay for the shipping.

The Black Friday Announcements:

• FREE BOOK – The Armchair Guide to Property Investing
• Suburb Growth – 30% OFF (Strictly expires 29/11/19 at 11:59PM) – Use code “BLACK” at the checkout

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

The cash rate in Australia has never been lower and most mortgage holders are paying a lot less on their loans than they were a year ago. With banks being urged to lend more and consumers and business being urged to borrow, how likely are we to see rapid interest rate rises and will they ever get back to double digits?

That’s exactly what we’re chatting about in our Facebook LIVE with Nerida Conisbee, Chief Economist for REA Group.

Of course, that’s not the ONLY thing we chatted about. Here are some other things we discussed in this month’s Market Wrap:

• Why speculation is a nightmare for housing markets
• Where will interest rate go from here
• Can digital banks disrupt the home loan market
• The start of a price growth in Melbourne and Sydney
• Update on wage growth and unemployment numbers
•  How are things going on the retail side of things and will the festive season brings a bit of positive outlook?

 And much more!

And, of course, our regulars…

• The MOST EXPENSIVE property sold in October
• The most clicked-on property going to AUCTION
• The most clicked-on property for SALE
• The most clicked-on Property SOLD

Want to see these properties? Click here to View the Properties (all are in the Comments section)

 P.S. Interested to learn more about borrowing and loan structure? Here are our top recommendations!

• Episode 004 | Four Pillars of Mastery – Borrowing Power
• Episode 164 | Q&A – How to Avoid Poor Loan Structure
• Episode 244 | Borrowing Power in 2019: Everything You Need To Know

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