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Episode 144 | The American Property Market: Tax Liens, Tax Deeds, Texas and Investing in Opportunity – Chat with Jeff Goins

We’ve spent the week in America, folks — so we thought we’d better bring you back a bit of gold!

Sitting by a pool in Dellas (yep), we scored some local intel on the American Property Market —like what’s making Texas a HOT place for investing — with today’s guest, Jeff Goins.

So who’s Jeff? A full-time investor of “Tax Deeds” in Texas which includes house “flipping”, he has a builder’s license and a sponge of property knowledge. What’s most eye-opening though, is his local insight into how Americans invest in residential property, including their lending rules and regulations, and their penalties for (and opportunities in) unpaid property taxes, which is VASTLY different from the way us Aussies do it!

Oh, and a couple of Texan “translations” before we start:

“Inventory” = Supply and Demand
“Rehab” = Renovate

 

So, what are we discussing?

  • What’s the appeal of investing in the American market; particularly Texas?
  • The US Government involvement in their lending and how it triggered the global financial crisis (GFC)?
  • Aftermaths of the GFC and how they recover their confidence in the real estate market?
  • The differences in Australia’s and America’s lending regulation
  • What are the interest rates like?
  • How to research investment grade locations
  • Understanding the geo-economic difference between both countries and how will it impact investors’ decisions
  • Why do they have such a volatile property market?
  • Why is the average property price in America SO much cheaper?
  • Are there offset accounts and are they able to leverage off equity?
  • What happens if you don’t pay tax on your property?
  • What does “Tax Liens” and Tax Deeds” mean?
  • How can investors benefit from Tax Liens and Tax Deeds?
  • Is there such a thing as residential property advice in America?
  • Where are the auctions held in Texas? (!)

 

ALSO, we’re doing Movember this month! We’ve been supporting this cause for years but this time, we plan to expand the awareness on men’s health and help the support the cause to our community. Our target is $5,000. Now, our show is free but if you think we are doing a good job, please donate here.

Every dollar counts! (Bucket loads of good karma awaits you.)

Here’s the link again: https://moteam.co/the-property-couch

 

 

 

Episode 143 | When will the Power of Big Data and AI decide the Real Value of your Property? Chat with Greg Dickason, Chief Technology Officer at CoreLogic

Big Data. Artificial Intelligence. When will it start calling the shots?

As promised, here’s our LIVE PODCAST from the Sydney Property Buyers Expo on the weekend! So if you missed our nail-biting chat with Greg Dickason, Chief Technology Officer at Corelogic, we have you covered!

First things first: CoreLogic is THE number 1 data provider in the world for property-related insights. Interested in learning the latest from a mouth that’s had a taste of what’s in store? Us too.

What can you expect?

  • Who is CoreLogic providing its data to? (and why it REALLY matters!)
  • What does Greg do in his role that will surprise you?
  • How and where does CoreLogic collects its data and how are they analysed?
  • When will this data transform the property industry?
  • How will you make property decisions in the future?
  • Is it possible for data to choose a property for you?
  • Top tips from Greg on how to use data to help you in buying your next property.
  • Can you buy this data yourself? How much is it?
  • BEN ANNOUNCES PICA (Property Investors Council of Australia)!!
  • Where can you access this data, right now?

Listen to the episode now.

Episode 134 | From The Screaming Jets to Rock-tioneer! How this 90’s Music Icon went from Playing the Drums to Building a Property Portfolio – Chat with Craig “Rosie” Rosevear

Alright folks: what does the drummer from The Screaming Jets and property investment have in common?

Craig “Rosie” Rosevear!

That’s right—on The Couch today, the man behind the drums of one of Australia’ legendary bands explains how he used his royalties to break into the property market and transformed his touring days into a growing property portfolio and now, a charismatic, auctioning career! Yep. Aside from being the Founder of Rock Your Future and the owner of Rosie’s School of Rock—where he and his wife, Belinda, motivate and educate young people to be confident in both music and life—Craig is also an auctioneer at Cooley Auctions, winner of the Newcastle Heat of the Real Estate Institute of NSW Auctioneering Competition and a property investor with a knack for DIY renovating!

 

No stranger to hard work, Craig explains:

  • Firstly, what life is really like as a rock star!
  • How invaluable a good work ethic is, and how he managed to maintain it, despite fame and, well, being a rock star
  • Why he used his royalties to buy his first investment property
  • What he discovered about investing with equity that changed his way of thinking
  • How he became a borderless investor in Melbourne, Brisbane and Sydney
  • Ways to get around Sydney’s Housing Affordability
  • First Home Buyer mistakes and DIY renovation tips
  • How he got into auctioneering (it has something to do with Episode 121 with Damien Cooley)
  • The similarities between being a rock star & an auctioneer (“Rocktioneer”)
  • Investing in Newcastle, NSW
  • Things buyers should do at an auction
  • Business acumen tips from rock band KISS (!)

 

And (we had to ask), what is Craig’s “go to” rock star story? The unexpected, sneak peek into what Muso life was like …

He tells us right at the end—of course he did.

What an absolute pleasure!

 

 

Episode 132 | Josh and Jenna from The Block! New things for this Bickering Couple and their Tiny House Movement in Australia

We’re very excited to announce that Josh & Jenna—who, let’s face it, ditched their surnames after becoming household names on the 2011 series of The Block—have landed, with their 8 week old bubba, Freddie, on the Couch!

The husband and wife duo, also featuring on The Block’s All-Star Series and Reno Rumble, are founders of Melbourne-based interior bicker design. With Josh a qualified plumber and Jenna currently sharing her knowledge and passion at Design School, they are here to chat about all things renovation—and how to make a profit out of it!

We’ll cover quite a few things, folks:

  • What being “the bickering couple on The Block” was really like
  • How it felt to lose at auction
  • The most important tips for renovating
  • How they used the equity in their first home to buy in Melbourne (a city they hadn’t been able to afford until then)
  • What is the end game of buying and renovating in today’s market?
  • Their budget formula for renovations
  • How to invest in Blue Chip areas when you can’t afford it yet
  • The financial benefits of paying a Stylist to “stage your house” before selling
  • Tiny House Movement in Australia: What is it and how will it impact asset selection
  • The future of renovating and what need to know
  • Investing for Airbnb

 

Happy listening (you can hear Freddie in this podcast too, naaw)!

 

Episode 131 | How Did He Turn $4,500 Into A Multi-Million Dollar Property Portfolio?- Chat with Victor Kumar, Partner at Right Property Group

What would you do if you arrived from Fiji to Australia with only $4,500 to your name and little else? Well, that’s exactly what today’s guest, Victor Kumar, Partner at Right Property Group, and his wife did in 1997. And their story is truly extraordinary! Within 1 and a half years in Australia, the radiographers—thanks to reading The Wealthy Barber and Building Wealth Through Investment Property, learning as much as they could about property investment, lots of hard work coupled with a steel determination —had secured their own PPOR as well as 11 investment properties!

Here to explain how he did it, the co-host of Investing Insights with Right Property Group podcast, Victor Kumar, explains:

  • How he chose a mortgage broker to get the loan he was first rejected for
  • Who to take your advice from (aside from Jan Somers and David Chilton)
  • The difference between money and mindset, and why goal setting is crucial:

“The very first thing is: you’ve got to sort out your goals—why you’re doing it and what are you aiming for—before you start the journey. Most people start the journey and then try and get the GPS up-and-running to say we’re they’re going.”

  • Victor’s reason “why” he invests in property—and why it is crucial to know your “why”
  • A simple, easy habit anyone can do to outsmart a spruiker and determine if the property seminar is genuine
  • His investment strategy, how he accumulated such a ginormous portfolio and if he would do it again
  • A few of the mistakes and lessons learnt while building his portfolio (and they’re hilarious!)
  • When to DIY and when to always pay for professional services
  • What factors to consider if you are investing in the outer suburbs?
  • His renovation “Life Hack” and why it’s the most important renovation tip to add value
  • What are the three things that can ruin a property portfolio?
  • How to manage multiple investment properties and the problems with investing in too many properties
  • Special: Victor unpacked an amazing tip at the 55-minute mark. So make sure you don’t miss that!

 

Note: Victor brought enough gold to the couch to create a mining town … let us know if you agree! What to do and what never, ever to do … wooooaaaah, thanks Victor!

 

Some other resources for our fellow listeners:

  • Our chat with Steve Waters back in Episode 42 – Listen here
  • LocationScore’s Launch Offer is expiring this Sunday, 20th August 2017! (Code: TPC20)Check it out here

 

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