The Property Couch

It’s our favourite day of the month folks… Q & A Day!!!

And we’re covering quite a bit in a short & sweet amount of time today— including AN EXCLUSIVE ANNOUNCEMENT for our Couch listeners!!! (As it so happens, this was dropped with, “Yeah, go on, let’s tell ‘em” and a nod of the head… so an absolute scoop.)

Not only that but also we answer 3 solid questions, thanks to the legends who leave us a SpeakPipe voicemail message (remember: we prioritise your Q if you do this too)!

But back to today’s episode — if you want to know what we think of investing in Hobart, and down in good ol’ Tassy in general (it’s been getting a bit of attention from a fair few property investors), OR you want to find out if now’s the time to invest in Perth … tune in.

But 100% TUNE IN if you’re keen to get on top of your Money SMARTS — we give you a rough rule of thumb for the amount of income you should allocate to your spending habits ie. How much you should spend on Bills, Living and Lifestyle and your Loan/s!!

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

Alright, folks! Let’s bring on Episode 167!!

Today is all about Buyers' Agents… and when you SHOULDN’T use one!

Yep — it might seem a bit strange considering Bryce is one… but we’re going there! And why? Well, we’ve received a couple of questions recently about the cost of a Buyers Agent, and whether or not this represents value for money…

So, how much (in $$) is a reasonable Buyers Agent fee? — and WHY exactly do they charge what they do?

More importantly, how can you tell if you’re dealing with a Spruiker?

… just a heads up before we jot down the 2 questions we’ll be answering Folks, the 2nd question is particularly long, so if you can’t catch everything Bryce says on the podcast, we’ve got you covered below

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

We heard from today’s guest back on Episode 107, and joining us again is none other than Nicole Faid, Principal and Founder of Accord Conveyancing, who has handed out accurate legal advice for over 25 years! 

Just a heads up — we covered her awesome back story in that previous episode, so if you want to hear it (and it’s well worth the listen), go back and check it out!

And we jump straight into it, folks! So get pumped for the 7 common & COSTLY mistakes you really DON’T want to make…

• In a nutshell, what does a conveyancer do?
• What is the most important document that underpins a contract?
• How many people don’t get the amount of land they thought they would when purchasing a property?
• What happens if the discrepancy of this land is less than 5%?
• What REAL LIFE EXAMPLE happened in Brunswick? (And how much did this mistake cost the buyer?!)
• Why shouldn’t you rely on your own interpretation of “wear and tear”?
• Are “back-to-back settlements” a bad idea?
• What happens with the conveyancing rules if you’re a borderless investor?
• What is a caveat?
• If you’re purchasing through an SMSF, what title requirements do you need to be aware of?
• What can happen in the settlement period that will seriously shock you?
• Why is it important to distinguish between major and minor issues with the settlement process?
• When should you conduct a Building and Pest Inspection?
• How does the art of negotiation fit into all this?
• What is the best risk management?
• What do you need to keep in mind with the final inspection?
• What is the legal requirement about having a granny flat?!

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

Just a heads up, folks: we’re tackling a couple of serious topics today!

Because, not only are we diving into the world of the Banking Royal Commission (and what they do), but we’re also answering a few voicemail messages about how to best service your loan, what to look out for if you considering investing in shares and having a crack at the million dollar question: should you sell or hold??

Yep, Ben will be donning his Chair of PICA hat to address some of these topics, especially when it comes to choosing your mortgage broker wisely and making sure, as property investors our assets and financial well-being are well protected!

As part of this, we will be dropping the “F” word… Fraud.

It should go without saying, DON’T go there… but if you find yourself taking dodgy advice, you could find yourself in boiling water too. And remember — for the folks that haven’t signed up yet — you can get an individual Membership of PICA for as little as $5 to lobby government regulations and help us get rid of the “bad eggs” and spruikers responsible!

So, let’s jump into the SpeakPipe Q’s:

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 Q&A Day, folks!!

Off the back of last night’s webinar, “7 Deadly Sins of Building a Property Portfolio” we’ve got plenty of questions left over that we reckon are going to help you with ALL THINGS LOANS and INVESTMENT LENDING!

Before it kicks off though… we’ve got a BIG announcement (well, big news for Bryce!!)… so make sure you keep an ear out!

So, we’ve got SIX questions to get through, which will help you in avoiding poor loan structure and more importantly, assist in your planning stage of building a property portfolio!

P.S. Here are all the links for today’s episode:

• Want to join Bryce in his new TV show, Escape from the City? Click here to apply for the spot!
• Here’s the link to Bryce’s Mindset Minute article: Why You Should Spend Your Money on Experiences, Not Things
• Interested in Ben’s webinar on the Impact of Interest Only Lending? Watch it 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

We’re going off the cuff today, folks! Yep, there’s been no prep behind this podcast… BUT we guarantee it’s still going to be golden!

Why?? It all started (yesterday) when Ben created a little pop quiz for the staff at our company… and his question is:

Based on the banter that spread through our office, the answer might also surprise you!!

So, let’s drill it down to these two points:

1. How are megacities built?
2. What’s the connection between infrastructure and property prices?

Here’s the deal:

• What drives people to a location?
• What’s the Wild West got to do with it?
• How does infrastructure relate to immigration and population?
• If you don’t have THIS infrastructure, realistically, can you have a city?
• How does politics influence a property investor and shape a city’s plan?
• How did Melbourne become known for its culture — fashion /arts?
• Why can’t a city run on “just one thing”?
• Are property prices going to keep growing?
• Why is Sydney the Financial City?
• How can you tell a difference between a planned city and an “accidental” city?
• Why do areas outside of Sydney do well?
• Is it all bad news for the property market?
• Why does Ben keep harping on about the East-West Link?
• Why does the land get expensive in a location?
• What will Sydney have to do to take the stress of the population?
• Why can’t you replicate a city in the suburbs?
• Does Hobart have a good outlook for property investing?
• What is a self-perpetuating city?
• Why do we need to pivot to niche manufacturing?
• With all this in mind, should you invest in regional centres?

Stick around for Ben’s Did You Know … you’ll find out the projected population growth for Australia’s cities (this might influence where you invest!)


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

We have a couple of treats in store for you today, folks!!

Not only is it Q & A Day — we know: it seems like forever since we had one, and we love ‘em!! — we’ve also created A BRAND NEW SEGMENT, which is kicking off on the Couch TODAY.

Yep. Think property markets. Think sneak peak. Think data!

Actually, speaking of data, joining us for a portion of today’s episode (hint, hint) is Jeremy Sheppard! He’s our other third of LocationScore.com.au and the pioneer of the DSR Formula, which collects, analyses and researches the level of supply and demand across every market and 15,000 suburbs in Australia!

(You would have heard his insights back on Episode 125 | Everything You Need to Know about Picking the Next Hotspot — Chat with Jeremy Sheppard or on our last Facebook Live!)

…. What will be covered in today’s questions?

• Should you invest in a Brisbane unit?
• What are the pros and cons of second-tier lenders?
• Are the assumptions about property investing making you confused?

Alright folks, before we kick off the questions, you’ll notice soon that all of them are voice-recorded messages! Yep, we’re officially prioritising all of our questions that come in through our SpeakPipe widget! So leave us a quick, 60-second voicemail here!

And our chat with Jeremy Sheppard?

• Why there’s not much data in January?
• Recapping what is Online Search Interest and whether should investors be worried about the impact the season would have on the property market.
• What’s the BIG NEWS on Perth??
• Auction Clearance Rates and who are the outperformers and underperformers in this cycle?
• What’s the month-to-month trend for each state?
• What does Adelaide and Gold Coast’s property market trend have in common?
• How about Days on Market data for February 2018? 

P.S. Leave us a Voicemail Message 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:
- Website
- Instagram
- Facebook
- Youtube

Want to know how to bag an A-grade asset? How about scoring the inside tips Buyers Agents use? If you’re keen to buy property like a pro, today is the show for you!

That’s right, folks! We’re getting down to the nitty-gritty of buying… how to nail an auction sale, how not to overspend and how to think like you’ve been in the game for decades.

Joining us is Veronica Morgan — you might recognise her from Foxtel’s Lifestyle Channel, Location Location Location Australia in the days of co-hosting with Bryce — who is the Founder and Principal of Good Deeds Property Buyers, a property buying service specialising in the Sydney market. To boot, Veronica is also a QPIA, a clever property investor and keynote speaker, an industry writer and a repeat guest on the Couch!

So, let’s get take a microscopic view of what a reputed Buyers Agent sees every single day:

• What drove the Sydney property market over the last 5 years?
• Why does the split between owner-occupiers and investors matter, and what does it say about the Sydney market?
• Are FOMO still impacting the Sydney market and why parents are dangerous in an auction
• What trends were happening with Sydney auctions?
• What strategies can you use at auction?
• How can you “throw the agent” and also escape the control of an auctioneer?
• What’s an expensive risk for a buyer?
• Why do different types of real estate agents affect buyers?
• What’s the problem with not being financed before the auction?
• What’s the number one thing to look for in a Buyers Agent?
• Is it possible to have too many properties in your portfolio?
• What is a Buyers Agent and do you need one?
• What’s an s66W Certificate?
• How do apartments fare in Sydney?
• What’s next for the Sydney property market?

Want to hear more from Veronica? Check out Episode 76 | Building a property portfolio after the boom!

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

We’re getting real on the Couch today, folks. So if you’re in the mood for some solid learning, serious authenticity and a powerful view into what it’s like to be on the chair opposite us, today is YOUR Day!

Because in this episode we are introducing a very, very special guest... someone who has personally reached out, sat down and met with one of our advisors…. Karla C.

Why? Well, this is where the power of vulnerability comes in………

Full disclosure: We normally avoid mentioning our company, folks….. but we’re huge believers in Karla’s story and its benefit to you is too great for us to hold back! Plus, Karla’s “tell all” is a gift needed for life, not just property investment.

So tune in and listen to what she has to share! 

You’re going to hear:

• An honest, vulnerable and authentic view from a client’s eyes (and mind)
• The difference between expectation and reality
• How to pivot your mindset to create profound change
• Why being told “what you want to hear” can be more harmful than helpful
• If we get advice on our own portfolios……..
• The Dos and Don’ts of Property Investing
• How to know if you’re ready for professional advice?
• The fine line between a dream and a reality check!
• What’s worse: procrastination or a bad property investment decision?
• How to make a mental decision to move forward
• Bryce and Ben’s “light globe moments” in their own journey!
• Why a wrong decision(s) can set you back 10 years!
• The importance of timing the market and doing the research
• Powerful, powerful bullet point — Karla’s key learnings
• Some education tips you can try at home
• How to choose an advisor wisely
• What are the tangible benefits of changing your thinking?

p.s. Really want to learn more about the service that the guys were chatting about? Click here to learn more about Empower Wealth’s Property Investment Advice services.

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