this is property

John and Emily chat about more things to consider when you’re on the house hunt. Big thanks to the m3 community for sharing their hindsight for others to learn from! This is part 2 in the mini-series so make sure to check out part 1 here. Shoutout to the legendary James for give us a space to record!

A few tickets left to the Melbourne live recording, grab tix here: https://www.mymillennial.money/tour

🛑 Please read our disclaimer + warnings before listening to this episode

🏡 Join the m3 facebook group
🏡 Quick links to John and Emily’s online courses and $20 off The Glen James Spending Plan

my millennial property is produced by SYMO interactive, home of my millennial money.

Hosted on Acast. See acast.com/privacy for more information.

What do you wish you knew before you bought? Here's what you said! There were so many responses that we’ll be doing another episode on this. If you're not part of our community, we'd love you in our facebook group!

RLB Crane Index

🏡 Quick links to John and Emily’s online courses and $20 off The Glen James Spending Plan

my millennial property is produced by SYMO interactive, home of my millennial money.

Hosted on Acast. See acast.com/privacy for more information.

John and Emily chat through some interesting census data and questions from the community that touch on:

👉🏾 the pros and cons of buying near powerlines
👉🏿 factors to consider when flipping houses, should I hold or sell?
👉 unit trusts
👉🏻 considerations around building & pest inspections
👉 a 21 year old listener who is navigating an inheritance of multiple properties!

🛑 Please read our disclaimer + warnings before listening to this episode

🏡 Join the m3 facebook group
🏡 Quick links to John and Emily’s online courses and $20 off The Glen James Spending Plan

my millennial property is produced by SYMO interactive, home of my millennial money.

Hosted on Acast. See acast.com/privacy for more information.

Miranda is a listener of the show and bought her first home in Melbourne early this year. She talks about how her property goals changed, why she chose not to involve family in the process, what she'd do differently looking back and more. Big thanks to Miranda for sharing her buying experience!

✈️ Check out John's property masterclass at a city near you! Grab tickets at: mymillennial.money/tour

🛑 Please read our disclaimer + warnings before listening to this episode

🏡 Join the m3 facebook group
🏡 Quick links to John and Emily’s online courses and $20 off The Glen James Spending Plan

my millennial property is produced by SYMO interactive, home of my millennial money.

Hosted on Acast. See acast.com/privacy for more information.

Soooo many of you have been asking whether to get into the market now or wait and whether there will be a crash in the near future. Emily & John share their thoughts on this and what the future of housing might look like as Australia's population increases.

Listening on Apple Podcasts? Leave us a review!

🛑 Please read our disclaimer + warnings before listening to this episode

🏡 Join the m3 facebook group
🏡 Quick links to John and Emily’s online courses and $20 off The Glen James Spending Plan

my millennial property is produced by SYMO interactive, home of my millennial money.

Hosted on Acast. See acast.com/privacy for more information.

Today's Q&A features these great questions from the community:

👉🏻 costs are going up, what repayment buffers should I have in place?
👉 what are the pros and cons of having my whole portfolio as a joint venture?
👉🏼 how to know when you’re ready for your 2nd property?
👉🏾 hidden costs of buying unregistered land?
👉🏿 what are a tenant's rights when the owners are selling?

🛑 Please read our disclaimer + warnings before listening to this episode

🏡 Join the m3 facebook group
🏡 Quick links to John and Emily’s online courses and $20 off The Glen James Spending Plan

my millennial property is produced by SYMO interactive, home of my millennial money.

Hosted on Acast. See acast.com/privacy for more information.

Record keeping, CGT, selling your property and more. Scott Young from Altus Financial is back on the show to answer a bunch of the questions you wanted to ask an accountant around:

👉 best practice for keeping records on your investment
👉🏼 the ins and outs of capital gains tax (CGT) and the 6 year rule
👉🏿 what factors should I consider when timing the sale of my property?
👉🏽 how do tax deductions work when drawing equity from my investment?
👉 when is using a trust a good strategy to buy or sell?
👉🏿 how does claiming expenses for negative gearing work?

Looking for an accountant? Click here to get in touch with Scott and his team.

🛑 Please read our disclaimer + warnings before listening to this episode

🏡 Join the m3 facebook group
🏡 Quick links to John and Emily’s online courses and $20 off The Glen James Spending Plan

my millennial property is produced by SYMO interactive, home of my millennial money.

Hosted on Acast. See acast.com/privacy for more information.

If you're aspiring to get into the real estate industry, listen up! Jayson Watts shares his tips and learnings from 20 years experience as an agent. The episode touches on:

👉🏾 a bit about Jayson's background
👉 dos and don'ts of being a good real estate agent
👉🏿 the perception surrounding the industry vs the reality
👉🏼 what's happening in the Melbourne property market
👉🏾 and John and Emily ask Jayson's thoughts on a topic that comes up heaaaps in the Facebook group to do with the lack of transparency from agents surrounding best and final offers

🛑 Please read our disclaimer + warnings before listening to this episode
Connect with Jayson on LinkedIn
🏡 Join the m3 facebook group
🏡 Quick links to John and Emily’s online courses and $20 off The Glen James Spending Plan

my millennial property is produced by SYMO interactive, home of my millennial money.

Hosted on Acast. See acast.com/privacy for more information.

We rarely expect the worst to happen which is why it's always good to be prepared! John and Emily discuss some of the things that can go wrong when it comes to:

👉🏻 buying unregistered land
👉 buying or selling a property
👉🏼 cross-collaterisation
👉🏽 bidding at auction
👉🏾 buying a tenanted property
👉🏿 working with a builder

Have some horror stories of your own? Tell us in the Facebook group!

🛑 Please read our disclaimer + warnings before listening to this episode

🏡 Join the m3 facebook group
🏡 Quick links to John and Emily’s online courses and $20 off The Glen James Spending Plan

Hosted on Acast. See acast.com/privacy for more information.

You might consider renting out your home if you decide to upsize, downsize or rentvest. John and Emily chat through some steps to take and things to think about when it comes to:

👉🏾 working out your lending and cashflow
👉🏿 engaging the right professionals for your situation e.g. accountant, mortgage broker, property manager, financial planner
👉🏻 the logistics of owning a rental property
👉 vacancy rates, supply & demand
👉🏼 choosing between rentvesting and buying another PPOR
👉🏽 lifestyle factors you might think about when looking to buy another PPOR
👉🏿 and tackling the fear of having 2 mortgages

Book a clarity call with John

🛑 Please read our disclaimer + warnings before listening to this episode

Book a clarity call with John: https://bit.ly/M3JohnClarityCall
🏡 Join the m3 facebook group
🏡 Quick links to John and Emily’s online courses and $20 off The Glen James Spending Plan

my millennial property is produced by SYMO interactive, home of my millennial money.

Hosted on Acast. See acast.com/privacy for more information.