The Property Couch

Alright, folks, it’s that time again … you ask, and the boys answer!

After receiving a tabletop full of new topics, we’ve taken our que this week behind an anonymously-sent testimonial. Turns out an earlier podcast Why You Shouldn’t Invest in Property saved our listener from being “sold a lemon by a spruiker”! Yep. Unfortunately, guys, the property spruikers are still out there, so Bryce & Ben will be answering similar questions on the red flags to look out for, like:

• How to sniff out the so-called “educators” and get your trust back?
• What your next move should be to fix bad property advice?
• How did 20 minutes stopped 20 years of regret?
• What are the consequences of ‘fee for service’ and ‘working for commission?
• Why the right asset selection can flip the spruikers on their heads?
• What the finance in the first two stages of property investing are?
• Why negative gearing is really only a moment in time? 
• How long and how many properties do you need in the accumulation phase?
• What ‘buying only for cash flow’ is, and its risks and rewards.
• Investing in regional areas and factors to consider.
• How to spot the difference between a genuine property educator and a spruiker? and (SUPER TOPICAL)
• Airbnb Investment: Is it worth considering them?

This is a goodie, especially for those who don’t want to feel the sting of bad investing

(For those who want to know the website Ben talks about, it’s PIPA.)

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 HERE:
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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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Welcome to Episode 123! We’ve been looking forward to unpacking this one all week!

Guess what? The boys are going to walk you through THE perfect textbook investment property. As in the very one that ticks ALL the owner-occupier appeal boxes. The one that’s going to land you the biggest capital growth payday!

So from the suburb right down to the shelves to store your stuff… B1 & B2 will explain to you what asset you should definitely be buying.

The golden tips discussed (in detail!) are:

• What—specifically—is owner-occupier appeal?
• What are the Three Pillars of Mastery that always create owner-occupier appeal?
• What do you look for in a suburb?
• What can a quick Google search show you?
• How do you see the invisible lines showing Buyers’ Agents the best part of a street?
• Which way should your investment property face? (It matters!)
• What should be in the garden?
• What is the perfect floor plan?
• What do owner-occupiers buy?
• What’s the best orientation of the block?
• How wide should the road in your investment-grade suburb be?

This is a true ripper, even if we say so ourselves. You’ll get a lot out of this one!

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 HERE:
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It’s that time again … a few questions from you and a few answers from the boys!

Oh, before we give you a tiny tease about today’s podcast … just a huge shout out for being SO supportive about our technical glitch last week. Our inbox was flooded with all of your emails and concerns—please know that our hearts burst (with love) and we missed you all too! We really did. But we’re back and better than ever this week. (With an epic guest next Thursday we’ve got The Stig running the server like a pro.)

Right … to today’s Q&A! It’s the time of a transitioning market. So things are starting to balance out in the property scene. The boys will fill you in on the nitty-gritty; but, guess what? This is an empowering time for buyers!

And here are the Free Resources mentioned in today’s podcast:

• Property Research Site | LocationScore – Register your interest here
• Money Magazine Article – Order an online copy here
• 2016 Census Results – Find out more here
• The Game of Property Investing – Find out more here

LISTEN TO THE FIRST 20 EPISODES HERE >>

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👉 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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- Youtube

Part two with Damien Cooley, Australia’s most respected auctioneer and the face of Cooley Auctions, On top of his Australian record—see part 1— he has an uncountable number of industry trophies tucked under that orange tie—winning the 2015 & 2013 Auctioneer of the Year at the Real Estate Business Awards for example—and has performed auctions on other reality TV series, including The Renovators, Under The Hammer, Hot Auctions and Selling Houses Australia.

Oh, and you might have heard this in Part One that just two years ago, Cooley Auctions delivered up to 6000 auctions in the same year. So Damien definitely knows his stuff.

What are you waiting for? Get the insider’s guide to:

• Which avoidable mistakes buyers make
• How to win at auction, just by observing the mood of buyers
• Which bidding tactics work and which ones absolutely don’t
• What the Five Second Rule is
• What a Flexible Buyers Strategy looks like
• How the auction process differs between Victoria and NSW
• Is there a shift in buyers’ sentiment in Sydney’s property market?

 If you like this podcast: “Does The Guy With The Most Money Always Win At Auction? – Chat with Damien Cooley”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/


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 pretty chuffed to announce that Damien Cooley, one of Australia’s most respected auctioneers and the face of Cooley Auctions, has landed a spot on the couch! For those not in the know: Damien holds the Australian record for the highest sale of a single dwelling home sold at auction—no easy feat at $23 Million—and is the most booked auctioneer on The Block, having appeared on the show nine times.

In fact, we were SO chuffed to have Damien on the couch that Bryce and Ben just didn’t want him to leave. There are golden auction tips pouring out like a long string of confetti in this one guys! (Damien was almost late to the set of The Block, he was so pumped to give you all his insight!)

So here is Part One, people.

Unpacking his property prowess with us, Damien reveals the importance of keeping lists, debunks some auction myths and explains why he’s more than just “The Guy in the Orange Tie on The Block”.

Together, he and the boys will cover:

• How jotting your dreams on paper will write tomorrow’s reality
• How he left high school to become one of the best auctioneers in the country
• How Damien managed to score that impressive $23 million auction record (Hint: it has something to do with $50,000)
• How to work out if an external auctioneer is right for you

This one’s a big one guys! The take home (out of the many): If you go to work on your plan, your plan will work for you.

Disclaimer: But this is in Part 1 only … just wait until you hit PART 2 (!)

If you like this podcast: “Does The Guy With The Most Money Always Win At Auction? – Chat with Damien Cooley”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/

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
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- Youtube

We’ve finally got Tom Panos on the show! For those who are unfamiliar with Tom, he’s the founder of the Real Estate Gym, 5 am Club, co-host of the Million Dollar Agent podcast, a weekly commentator on SKY News Business, Channel 602, Real Estate Advertising Director for News Corp and is one of Sydney’s leading Real Estate Auctioneers as well as being a sought-after keynote for the Real Estate industry. On top of that, he’s also an active property investor and has been investing for the past 25 years.

So what will the three of them be chatting about today? Here are some bullet points!

• How will having a regime in your daily life help you?
• What are Tom’s drives to success and how they’ve changed over time?
• Why playing the long game matters in property investing.
• How did Tom start his portfolio and what tips for investors who are looking to do the same?
• The formula for a successful renovation project.
• Tom’s response to those who are concerned with the media’s property boom and bust stories.
• His mentors in life and relationship with Jon McGrath.
• Top 3 tips for buyers looking to bid at auction.

If you like this podcast: “Secret To Making Money While You Sleep – Chat with Tom Panos”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/

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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That is basically what we are talking about in today’s podcast as inspired by two of our listeners who wrote in. Now, rewind a few episodes, and you’ll find the boys quoting Albert Einstein's famous words, “Compound interest is the eighth wonder of the world. He who understands it earns it… he who doesn’t… pays it.” And today’s focus is all about getting the foundation RIGHT, finding the SWEET spot for your money management habits and understanding WHAT delayed gratification is all about.

One of the questions that we asked the listeners today is,

Tune in to find out the numbers behind this question and here are the Free Resources mentioned in today’s podcast:

• LocationScore Webinar – Register your interest here
• Video on RealEstate.com.au |  The ‘flour jar’ method of saving for a house – Watch the video here
• Video on RealEstate.com.au |  How debt helps you build a property portfolio – Watch the video here
• The Life-Changing Magic of Tidying Up by Marie Kondo on Blinkist – Read 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

Today’s podcast title is a direct quote from our special guest, Craig Stephens! As the Managing Director of Jas Stephens, with a history spanning over 90 years and four generations and the leading real estate agency in Melbourne’s Inner West, Craig is also an active investor himself who started building his portfolio back in the late 1980s. He started off as a bond trader and worked with Merrill Lynch in London before coming back to Melbourne to take over the family’s business. With his experience, both in the financial and property market, the three of them discuss:

• What are the critical elements of a successful business and how similar they are to property portfolios
• Who motivated him to buy his first property and his investment strategy ever since
• The market trend for the past 20 years in Melbourne’s inner west
• What is the Rule of 72 and does property doubles every ten years
• Who should be on your panel of experts and why only meeting your accountant at tax times isn’t good enough
• Understanding the risk of buying a property
• Tips for buyers when dealing with real estate agents and when to get in touch

 Resources mentioned in today’s podcast:

• REA Video | Having trouble saving? Time to forecast your finances >> Watch here
• Recommended Book | Think and Grow Rich by Napolean Hill >> Learn more
• Bryce’s Life Hack | How I organise Evernote by Michael Hyatt >> Read here
• CoreLogic | Quarterly Housing & Economic Review – April 2017 Release >> Download here
• CoreLogic | May Home Value Index >> Read 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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We’ve got Bradley Beer, CEO of BMT Tax Depreciation on the podcast today! Now, some of you might remember Bradley back in Episode 10 where we talked about what is a tax depreciation schedule, how it works and if all property investors should have one done.

For today’s episode, however, we will be relating back to Episode 115 where we chat about the impact of the recently released Federal Budget on property investors, focusing specifically on the depreciation changes. So here are the topics that they touched on today:

• Exactly what part of the depreciation deductions are affected by the proposed changes?
• Are capital works deductions still available to be claimed at 2.5% for 40 years?
• What is the significance of 7:30 pm AEST on the 9th of May 2017?
• Will they be looking at the contract date or settlement date?
• Do the proposed changes affect the tax depreciation schedule that was previously submitted?
• How will this impact investors’ cash flows and is there a difference between new vs old property?
• What is the logic behind the changes in investors’ travel expenses?

Free Resources:

• Here’s our video and article on realestate.com.au – Click here to watch How to Use Flour Jar Method of Saving for a House
• BMT Tax Depreciation Application Form – Fill in the form below to download or click 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