Welcome to The Property Couch’s first episode in 2016! Joining us on the podcast today is Paul Baker from Inside Out Property Inspections.

As mentioned in Episode 22 and Bryce’s video on “When to conduct a building and pest inspection“, pre-purchase building inspections are non-negotiable for us. We cannot emphasise enough the consequences of buying a property only to discover later on that a lot more money has to be put in to ensure its livability. Not only will this impact the investor’s cash flow but it will also affect any property plans that have been put in place.

Leveraging Paul’s background as a building inspector and builder, Bryce and Ben will chat about:

• Why a pre-purchase building inspection is so important
• The obvious tell-tale signs of water damage, footing and stumping issues
• How much a buyer should expect to spend on an inspection
• When an inspection should be conducted
• Best way to decipher a building report
• A few horror stories from IPI’s Book of Horror!

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For the last episode of 2015 and as promised for our Summer Series, we will be going through quite a few questions! Bryce Holdaway and Ben Kingsley will be answering the questions below from our fellow listeners. 

It’s going to be a full-on one so sit tight!  :

• Building cash reserve question from Maria: Can you please discuss how to build cash reserve buffers into your property investment plan, and the options for funding unexpected large expenses like medical expenses and family needing financial assistance?
• Investing on the suburb next-door questions from Peter: Is investing in a lower priced residential suburb surrounded by higher-value median suburbs a good investment strategy?
• Property professionals question from Josie: As you mentioned in your podcast, are Financial Adviser and Accountants the right people to get property advice from? 
• Loan structure question from Mark: My partner and I have recently purchased our first home and are considering putting our loan repayments to interest only and banking the money we would be paying off the principal in an offset account. We want to get an investment property and start building a portfolio and see this as a way of saving money quickly. What do you guys think?
• Becoming a Buyers Agent question from Daniel: What does one need to do, to become a buyers agent?
• Renovating for profit question from Sylwia: I am at the stage of educating myself and would love to hear from you Gents about renovating for profit as an investment strategy.

Free resources mentioned in this podcast:

• Episode 17: Who’s your personal banker?
• Episode 23: Exit Strategy in Property Investment
• Episode 33: Q&A – Investing with Equity, First Home Buyers Tips, Buy-Reconstruct-Sell Strategy and Leasing to Relatives

If you like this Q&A episode, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. Any questions or ideas? Feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/.

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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- Youtube

LISTEN TO THE FIRST 20 EPISODES HERE >>

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👉 Google Play: https://bit.ly/3OT86bW
👉 Web platform:  https://www.moorr.com.au/     

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- Make Money Simple Again

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Merry Christmas! It’s the first Christmas on The Property Couch and Bryce and Ben are definitely in a festive mood. In this podcast, they will be sharing some of their stories on mortgage brokers and what role they play in building a property portfolio.

We’ve spoken about this before in Episode 17 where we talked about the concept of a Personal Banker. In this episode, we’ll list out the criteria to look for when you are thinking about including a mortgage broker in your property team. Yes, it does need to be an investment savvy broker but what else? Bryce and Ben will also be discussing why loan structure and a sound financial strategy are crucial.

We will also be answering this question from Andrew: Hi guys, loving the podcast. You’ve talked in past episodes about what to look out for when choosing to engage a property manager for your investment property. Could you discuss how you would go about selecting a mortgage broker? I have utilised the services of mortgage brokers in the past and have found that many of them are purely transactional and only use the Big 4 lenders.

If you like this episode, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. Any questions or ideas? Feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/.


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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- Instagram
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- Youtube

LISTEN TO THE FIRST 20 EPISODES HERE >>

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👉 Web platform:  https://www.moorr.com.au/     

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- How to Build a Property Portfolio and Retire on $2,000 a week >>

FREE BEST-SELLING BOOKS:
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- Make Money Simple Again

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Our next guest on The Property Couch is Steve Waters from Right Property Group! Steve comes from a Buyers Agent background and his company is part of the Property Investment Professionals of Australia (PIPA) association.

With a combined experience of more than 30 years in the property industry, this trio will be chatting about:

• What triggered Steve to start his investment journey and the biggest mistake he had ever made in his own portfolio
• The philosophies and strategies in property investment – Capital growth vs cash flow
• Their thoughts on new developments – the good, the bad and the ugly
• What do they look for in asset selection
• Where do they see the most pain in a market correction
• Why do you need professional advice when investing in property and where to look for them

If you like this podcast: “Investment Strategy, New Developments and Professional Advice – Chat with Steve Waters”, 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 >>

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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 >>

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👉 Google Play: https://bit.ly/3OT86bW
👉 Web platform:  https://www.moorr.com.au/     

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- How to Build a Property Portfolio and Retire on $2,000 a week >>

FREE BEST-SELLING BOOKS:
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- Make Money Simple Again

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This week on The Property Couch, Bryce and Ben discuss the moving parts of a cash flow management strategy. Compared to Episode 3 (Four Pillars of Mastery – Cash Flow Management) where we talked about the flow of money, this podcast is mainly about the Money and Wealth Accumulation Model. It includes the variables and assumptions to consider when modelling sophisticated wealth outcomes. As this topic can be fairly detailed, we strongly recommend our listeners have the diagram open while listening to the podcast.

We will also be answering this question from Bradden: You often refer to paying down debt during your talks as a means of creating passive income. Is there a strategy for paying down debt on your rental properties? Is it just as simple as paying P&I? Do you only start paying down debt once you have finished your accumulation phase? Does this only happen when you start to sell one of your properties? I’m interested in hearing your thoughts on paying down debt.

PS: Ben’s not a bad bloke for a Collingwood supporter.

This topic is also discussed in Part Three (Section 10) of our book: The Armchair Guide to Property Investing. For those who have the book, you can also refer to page 219 for additional reference. 

Free resources mentioned in this podcast:

• Money & Wealth Accumulation Model Fact Sheet – Download here
• Part Three (Section 10) of the Book – Order a copy here

If you like this episode, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. Any questions or ideas? Feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/.


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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- Website
- Instagram
- Facebook
- Youtube

LISTEN TO THE FIRST 20 EPISODES HERE >>

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👉 Google Play: https://bit.ly/3OT86bW
👉 Web platform:  https://www.moorr.com.au/     

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- How to Build a Property Portfolio and Retire on $2,000 a week >>

FREE BEST-SELLING BOOKS:
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- Make Money Simple Again

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Introducing the first episode of our summer series! Let’s kick start with Q&A episodes. If you have a property-related question that you couldn’t solve or needs an opinion on, please do not hesitate to let us know here. 

In this episode, Bryce and Ben will be addressing some topics:

• Line of Credit (LOC) question from Brad: I have a finance-related question, specifically about the intricacies of Lines Of Credit. I understand that you would use your LOC for investing costs, such as a deposit on a new property, or the levies or rates for a property. My uncertainty is whether I am then able to claim the interest charged on the LOC for these expenses. To make things more complicated, what if you were to pay your investment loans off using this LOC? Surely you couldn’t then claim the interest on the LOC as well as the investment mortgage? That would be double-dipping, right? Please do a segment on your show that explains more about how to use the LOC tax effectively and legally.
• NRAS questions from Cesar: What is your view on the NRAS program? 
• Property Portfolio question from Sandy: My suggestion is to discuss the strategy to fix a “broken” portfolio ie a number of underperforming properties that were spruiked.
• Due Diligence and Research from Daniel: What resources do you need and what do you have to look for in conducting due diligence? I wouldn’t know where to begin. Could you please elaborate on how one can achieve this?
• Property Insurance from Daniel: Advice on what’s the best type of insurance to have on your investment property?

Free resources mentioned in this podcast:

• Episode 23: Exit Strategy in Property Investment
• Episode 38: Property Price Research in Australia
• Episode 06: Four Pillars of Mastery – Defence
• Bryce and Ben’s Book – Order them here

If you like this Q&A episode, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. 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

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As mentioned before, getting the right strategy and perfecting the art of asset selection is crucial to any property investor. But what happens once the contract is signed? This time on The Property Couch, Bryce Holdaway and Ben Kingsley talks about the post-purchase process when buying an investment property.

Bryce started off the podcast with an analogy. Imagine you are on board a plane and it’s about to depart. When a plane takes off, from the moment it leaves the tarmac to the point it levels out at 30,000 feet, that’s when it uses most of its fuel. That’s the same with property investors. They use most of their mental fuel when they are going to buy the property but once the deal is done, most often forget that they still have the rest of the journey to complete.

Looking to donate to Ben’s Movember? – Click here

Free resources mentioned in this podcast:

• Property manager checklist – Download here

If you like this episode, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. 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

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- 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

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In their daily role as a Buyer's Agent and Property Investment Advisor, Bryce and Ben often conduct comparable analyses on properties that they are going to buy. This is a crucial part of their due diligence because it demonstrates the suitability of the property for the client’s property plan and also sets a starting point for their negotiation process. So in this episode of The Property Couch, they will be sharing the process that they go through when conducting property price research.

Our hosts will also be sharing their “text-book” floor plan, understanding under quoting in a sales campaign and ways to decipher a more reliable price range using the auction clearance rates as a guideline. Listen to the podcast to find out more!

If you like this episode, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. 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

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Scarcity. It is one of the three filters in our asset selection criteria and you’ve probably heard Bryce and Ben talking about it numerous times in previous podcasts. In this current market condition, it is more important than ever to ensure you nailed the scarcity factor right. But how do you determine if a property is scarce or not? In this episode, our hosts will be breaking the scarcity factor into two parts and will be sharing their very own.

 “Scarcity Scale”. As mentioned previously, location usually does the heavy lifting on the performance of an asset so, Bryce and Ben will be starting with area/location (right side of the scale) and then move on to the property type.

PS: If you would like to check out Ben’s Movember Pledge, click here.

If you like this episode, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. 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

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It’s confirmed! Ben Kingsley is the Property Investment Advisor of the Year 2015 Award! This is the second year we’ve championed the PIA Category of the Reader’s Choice Award organised by Your Investment Property Magazine. But this is not a reflection of an individual’s work. Thanks to all of our team members at Empower Wealth and all of you who voted for us. We wouldn’t have done it without our customers and loyal listeners' ongoing support. 

To celebrate this win, Bryce will be asking Ben to share some of his personal journey on:

• His daily role as a Property Investment Advisor and his thought process when assisting clients in building a wealthier tomorrow
• Some of the lessons he has learned along the way as an investor and an advisor
• How to look for an independent professional and more

 Resources mentioned in this podcast:

• The Armchair Guide to Property Investing (Discount code: TPC) – Pre-order here
• Join Ben’s Movember cause – Join/Donate here

If you like this episode (Journey of the Property Investment Advisor of the Year) , don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. 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