The Property Couch

Peter Koulizos is back on The Property Couch podcast! The last time Peter joined our podcast, Bryce and Ben couldn’t stop discussing his thesis on Gentrification. This time, with his thesis almost at its completion stage we are more than keen to invite him over and discuss in detail the findings his thesis has uncovered.

On top of that, as a bonus, they will also be revealing their 2016 Property Outlook for the Australian Market. With the dropping auction clearance rates in Sydney and Melbourne markets, the increasingly high-density apartments in the Gold Coast area and the up-and-coming investment spots in Brisbane, this segment is a must-hear for all those who are serious about property investing. Some of the issues that they’ve touched on in this episode are:

• Which part of the cycle is each state currently in
• Things to look for when selecting an investment-grade suburb and property
• Type of properties to stay away from
• Development or changes affecting the economic activities in each state

Resources mentioned in this podcast:

• Peter’s Book: Top Australian Suburbs: A Guide for Investors and Homebuyers – Click here
• Peter’s Book: Property vs Shares: Discover your knockout investment strategy – Click here
• The Property Couch’s Book: The Armchair Guide to Property Investing – Click here
• If you are interested in joining Peter’s course, please email him at: [email protected]

If you like this podcast: “2016 Property Outlook and Findings on Gentrification”, 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/.

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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

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LISTEN TO THE FIRST 20 EPISODES HERE >>

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

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- The Armchair Guide to Property Investing
- Make Money Simple Again

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We are back on with the Questions and Answer time for our Summer Series. This week, Bryce Holdaway and Ben Kingsley will be answering the questions below from our fellow listeners. Thanks again for submitting your questions!

• Question from Alex: Knowing what you know now, what 5 things would you both have done differently?
• Buying sight-unseen questions from Lewis : 

1. Best advice for buying property without being able to walk through the property.
2. The best area to buy in Australia if you don’t know where in Oz you want to move back too!

• Question on tax implications on property from Chris: My partner and I just completed the construction of a home that was intended to be an investment property for 5-7 years after which time we were going to move in and make our family home. Situations have changed and we will be able to completely pay off and move into the new house within the next 12 months. Will there be any issues arising from all the tax deductions since we will be changing the purpose of the house?
• Investment grade for regional properties question from Lou: I’m currently saving for my first investment property and I have a couple of questions. I am considering regional Victoria (as I grew up there) and was wondering how ‘Investment Grade‘ properties are, particularly along the Vic/NSW border. Should I be looking here or become more ‘borderless’?

Joint venture question from Christopher:  Are joint ventures worth it and will this be a silly strategy for such an old house as depreciation will have been used up already and these older houses can be Pandora’s box once opened up and end up costing way over budget?

Free resources mentioned in this podcast:

• Episode 29: Common mistakes when investing in property

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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👉 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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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

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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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- Make Money Simple Again

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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
FIND US HERE:
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- Instagram
- Facebook
- Youtube

LISTEN TO THE FIRST 20 EPISODES HERE >>

MOORR MONEY MANAGEMENT APP:
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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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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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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:
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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 >>

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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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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👉 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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LISTEN TO THE FIRST 20 EPISODES HERE >>

MOORR MONEY MANAGEMENT APP:
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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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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 >>

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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

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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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:
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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

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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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

FIND US HERE:
- Website
- Instagram
- Facebook
- Youtube