Property Investment Advice Archives - Page 6 of 10

091 | Q&A – Affordability for First Home Buyers, Overseas Investment, Is it ever too Late to Invest and more

By The Property Couch November 24, 2016 in Podcast, Q&A

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After two weeks of Donald Trump-related episode, we think it’s time to get back to our listeners and answer some questions! But before that, Bryce and Ben kickstarted today’s episode with a quick update on interest rates and which directions we might be heading to in the next few months. And for today’s episode, they will be answering questions from:

Cody on First home buyers – I recently listened to episode 87. Listening to the content of first home buyers not being able to get into the market unless prices fell 30%. What is your moral standing on this? Are you okay with our kids getting locked out? Do you consider yourselves and like-minded people responsible for aiding in driving competition and prices? Do you think there should be any assistant to our kids from a government policy standpoint to own their homes? Look forward to hearing your thoughts.

Tom on Overseas Investing – Hi guys, just listened to the latest podcast…thanks for the shout out to London, where I have just moved to from Australia. I have 2 IPs in Inner West Sydney and thinking I will be sitting on them to let them grow for a few years until I get back…London property is just ridiculously unaffordable! Would be interested in your thoughts on investing in overseas properties in countries such as NZ or the UK, from Australia, or vice versa and the process involved to purchase and manage. Enjoy what you guys are doing, and I think it’s the best podcast on IP in Australia. Thanks, Tom.

Steve on Overseas Investing – Hi Guys, loving the podcast. In footy terms, you’re both ‘up and about.’ Question for Podcast: Investing in Property Overseas. You talk of ‘borderless investing‘, but that’s only Australia. Is it a bit un-diversified to put all one’s eggs in the ‘Australian Property Market’, just like a Pommy would be putting all of theirs in the UK market, or a Yankee putting them all in the U.S of A? You guys have read Kiyosaki, you must have dreamed of following the world’s market cycles like a real ‘world’ investor. My question is ‘Where can Aussies buy overseas?’ I know an Aussie buyers agent buying in the US for clients at the moment, and you hear of the Chinese buying here. Why aren’t we buying China? Thanks, Boys!

Brett on Setting up an Offset Account – Hi guys, love the podcast, after meeting with a very respected investment mortgage broker, they suggested switching my PPR loan to interest only to help build savings for an investment deposit in an offset account. I couldn’t work out why this would be better than putting my money into the PPR loan to increase equity then drawing it out when there is enough. The money I draw out would be tax deductible on the interest, whereas the money I save in an offset, if I draw this out for an investment, this would keep my PPR loan higher and thus not tax deductible on the interest. Can you guys please discuss this as I am starting to lose respect for this particular broker. Thanks

Nicole on Canberra as the next Investment Spot – Hi guys. Love the show particularly being a Victorian, I love the sports chat at the start 🙂 However, I am now in Canberra and would love it if you could incorporate a bit more of our ‘different’ city into your commentary. It does not fit the usual capital city, but it is nonetheless. Also, can you tell me where you got Bernard Salt’s population predictions? I would love to see them in more detail. Many thanks and I look forward to the next show.

Question 6 from Kieran on whether it’s ever too late to invest – Hi guys, I’m loving the wealth of knowledge you guys put out each week. As a 31-year-old who never really considered what I could be doing now to build for their future it is inspiring to see how accumulative action over time can have such a great impact and how accessible it is to anyone with the right knowledge, advisors and drive to succeed.

My wife and I recently met with your team at Empower Wealth and are now on savings track to secure our first investment property. Bring on the Rentvesting! My question, however, is related to my parent’s situation. I am wondering if it is every too late to help fund your retirement?

My parents are 63 and while they have worked hard all their life, they’ve had a couple of investments turn bad which has them worried about how they will fund their retirement. They currently pay P+I monthly with approx $220k left to pay off on a property valued at approx $550K. As I understand it, they have calculated that if they work for another 5 years they will be able to pay off the balance of their PPR using the superannuation they have accumulated. That will leave them with the house owned outright but only the pension to live on.

I am sure there any many approaching retirements and facing the prospect of having to keep working longer than they hoped or unsure what kind of lifestyle they will have when the do retire. What options are there for someone in their position when it becomes harder to get approved for a mortgage due to their age? Is it ever too late to get involved in property investing to create a passive income?

NOTE: Here’s the video that Bryce mentioned in the podcast > Investing in A Granny Flat

If you like this Q&A episode (Affordability for First Home Buyers, Overseas Investment, Is it ever too Late to Invest and more), 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/

084 | Why you Shouldn’t Invest in Property?

By The Property Couch October 6, 2016 in Podcast

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Yes, we know it can sound a bit contradictory. This is a property podcast with two of Australia’s top property experts and we even did an episode on why invest in property! So why would we talk about not investing in property?

Well, the fact is, investing in property is not the perfect type of investment for everyone. There are certain times in an investor’s journey where it is simply a bad time to start investing. There are also times when investors need to first reflect on their mindset before they start. Property investing is a high-value investment, and you’ve heard us repeatedly saying that it is for the long-term. It’s like following a recipe. If you don’t have all the essential ingredients in place, it’s best if you don’t cook the dish. So if you don’t have everything in line, it may be better for you to stay away from it for the time being.

So in today’s episode, Bryce and Ben will be sharing a few reasons on why you shouldn’t invest in property. The first is when you decide to invest purely for tax purposes.

Free resources mentioned in this podcast:

CoreLogic Pain and Gain report – Read here
Money SMART Report – Download here
Webinar with Bryce Holdaway and Jane Slack-Smith on Renovating an Ugly Duckling – Register here
FREE Tickets to the Sydney Property Buyer Expo (Coupon code: PBE16BRYHOL) – Get them here

If you like this podcast: “Why you Shouldn’t Invest in Property?”, 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/

083 | Do you think like a sophisticated Property Investor?

By The Property Couch September 29, 2016 in Podcast

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If you are new to property investment, don’t you want to know what the sophisticated property investors are doing? Why would you want to reinvent the wheels? It will certainly save you more time and money if you understand the norms and fundamentals from those who have already experienced the journey. So this time on The Property Couch podcast, our hosts will be discussing the practices of a sophisticated property investor.

Their discussion will be based on the recently released PIPA Annual Investor Sentiment Survey. It’s the only sentiment survey for property investors in Australia and has a unique sample of Australia’s property investment community. Distributed via PIPA’s extensive investor networks, it provides a rich insight into the views of Australia’s investors.

Some of the key findings discussed in this episode are:

What do investors feel about the long-term merits of real estate?
Does negative gearing really matter?
What kind of dwellings are the sophisticated property investor going for?
How much attention are they giving to the property market cycle?
Where do they get their advice from?

Tune in to start listening!

Free resources mentioned in this podcast:

2016 Annual Investor Sentiment Survey – Download here
Webinar with Bryce Holdaway and Jane Slack-Smith on Renovating an Ugly Duckling – Register here
FREE Tickets to the Sydney Property Buyer Expo (Coupon code: PBE16BRYHOL) – Get them here

If you like this podcast: “Do you think like a sophisticated Property Investor?”, 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/

Facebook Live Bonus Episode – Q&A

By The Property Couch September 16, 2016 in Free Resources, Podcast, Q&A

Thank you for coming to our Facebook Live event on 13th of Sept! We received a lot of great questions that night but unfortunately, time ran out and we couldn’t answer all of your questions. We really do appreciate you taking some time away from your busy life to listen to us so that is why we are recording a bonus episode (or as Ben called it Bonusisode) today to answer all the remaining questions!

And for your convenience, here’s the list of questions that we answered in this episode along with the order they are in. 🙂

ps: if you aren’t sure what we are talking about, check out our Facebook page! If you don’t have the book, you can get a copy here.

From	Order	Message
Chris Topher	1 (Time: 01:00)	Assuming one has a portfolio of 5 investment properties and has entered the debt retirement phase, what does this actually look like? Is it a matter of spreading all excess cash flow evenly across the offset accounts against each loan until they are all cash flow positive or do you target the biggest loan and pay that out first (by matching the outstanding loan amount in the offset account) and move on to the next biggest loan? If these are all interest-only loans with the interest-only period ending for all 5 loans over the next 18-24 months how do you manage this, as it wouldn’t be affordable to any family budget for multiple loans to become principal and interest, so is it a case of constantly refinancing these loans and staggering the when they come out of their interest only period?
Adeline Teo	2 (Time: 03:17)	What are your thoughts about having a property portfolio with a mixture of properties, some with good rental income and some with good growth potential but negative net income?
Ashish Isaac	3 (Time: 04:10)	Hey guys love the podcast, and the book. I have a financial question to ask. I currently have a principal place of interest (paying P&I for the next 3 years, and I can’t change that as I have just fixed it unfortunately), now for example and using round figures, say if I have a saving of $25k, with a current monthly surplus of only $500 would I be better off to use my savings to pay of any agent fees (e.g. buyers agent, financial planners etc.) and with what’s left over use that as part of the surplus for the next 3 years until I can release more funds from my principle place of interest, or use all the savings to put it towards the deposit for my first investment property, this is to achieve retiring with $2000 per week hope this makes sense. thank you for all the information you have provided us this far, really appreciate it. cheers Ash
David-Anthony Gunter	4 (Time: 06:05)	Love the podcast and book! A massive fan! I have a question about inconsistent bank valuations. I purchased a two (2) bedroom unit in Rosanna in Melbourne last year in November for $275,000. I purchased this through a Buyers Agent (not you guys….SORRY!!!….but I followed the principals I have learned in the podcast) The settlement was Feb 29 2016 and I had the property re-valued a week later by several banks. I had a valuation for $480,000….$330,000….$400,000 and $295,000!!!! Is this common???
Ryan Price	5 (Time: 08:27)	Hi Guys.. 26 years old and Looking at purchasing my first property. Is it better to buy a 1st home (owner/occupy) or would it be better to buy an investment property first and continue renting (minimal rent as it’s the family home so handy for saving)
Samantha Rackley	6 (Time: 08:53)	Thanks so much for your time tonight – great job! I am confused about the difference between capital growth and income (yield) returns? Is one more important than the other or should you look for a property that is high in both returns?
Evon Fung	7 (Time: 10:27)	Hi guys, love the podcast and found the book really helpful. I’ve been using a great budgeting software for the last 10 years but I recall you mentioned something in one of your podcasts that you may have a software which can track budgeting. Is this available? (ps, will you be at the Property Buyer Expo in Sydney?)
Graeme Ash	8 (Time: 12:14)	Big thanks to Jake and co recently for their help! Quick Q:, With investment properties, is it work getting a regular valuation say every 2 years to check available equity for next property or rely on market comparable?
Jack Cole	9 (Time: 13:56)	Love ya work boys! I’m 25, if I could change one thing in the world we live in, my very long term goal is to introduce property investing as a school subject in years 11 and 12. I’ve been lucky enough to have family who invest but not all kids are. What are your thoughts?
Jag Randhawa	10 (Time: 15:52)	I am a passionate and always ready to learn individual. I have recently developed a keen interest in property market. Where do I start if I want to make a career out of it?? What sort of options do I have and what courses are must before I even think about stepping my foot in the market?? Really appreciate all the info u guys give out for free. It’s GOLD.
Jag Randhawa	11 (Time: 16:32)	I am thinking about engaging a Buyers Agent once my strategy plan is build, but how can I make sure that my BA is not getting me into something that favors him more than me. By that I mean how can I make sure that he is choosing the right property for me only and not looking just to sell one??
Jaye Kershler	12 (Time: 18:11)	On a high income for next 2 years would you buy a more expensive eg 600k property or a 450k property
Johnny Rambo Azzopardi	13 (Time: 19:13)	Hello guys, do you think the Gold Coast will bring capital growth as the media and buyers agents would have you to believe in the mid to long term.
Leisa Caines	14 (Time: 20:53)	If I had access to equity to buy a ‘cheap’ investment property now should I buy one now or wait 12mths to when I have more equity to buy a more expensive Investment property?
Maria Austin	15 (Time: 21:38)	Hi Ben and Bryce, I can’t get my head around how you can keep leveraging equity out to purchase more properties without running out of borrowing capacity, assuming that you are only purchasing only blue chip properties that don’t quickly become positively geared. Surely at some point the banks will stop lending to you, even if you have the equity. p.S. Hi Ivise 🙂
Matt Bray	16 (Time: 24:14)	Hi, my question is based on a first home buyer, how much would you recommend is needed for a first investment property and would i be better buying when i reach this sum or saving for a bigger deposit and buying a bigger investment ? thanks!
Micky Marafioti	17 (Time: 25:15)	Do you have any thoughts on investment in Port Adelaide, in Adelaide. Recent times has seen it to be a semi low social economic area, but there is enormous residential and commercial developments occurring there at the moment.
Nat Bowden	18 (Time: 27:21)	Gents what to do next? Own a townhouse as a ppor and will keep it as an investment going forward. Looking to buy a family home in 1-2 years. What to do? Save cash for this or buy an investment to leverage into the family ppor home?
Robert Thomas	19 (Time: 28:31)	Hey guys – made it through the first 35 podcasts – great stuff. Where would you buy in Melbourne right now if you’re trying to stay under the first owner grant limit (<$600k)?
Chris	20 (Time: 29:45)	Hi guys. i’m looking forward to the Facebook event. I have another question for you (number 4) Is there any chance you can discuss in depth the process of buying a property through SMSF. ie the associated costs, required structure and minimum LVR. Thanks Chris
Maria Li	21 (Time: 31:00)	Hi Ben and Bryce I understand that the process of building a portfolio involves repeatedly taking equity out of existing properties to purchase more properties. I’ve heard multiple stories of investors being able to repeat this process every 1-2 years. What I can’t wrap my head around is how an investor can take equity out of their properties every 1-2 years without falling short of lenders’ serviceability requirements. Each time you take out equity, you are essentially taking out another loan, and the lender needs to know you have the income to service that loan. Unless you are buying only positive-geared properties (which most of us aren’t), surely at some point a lender would tell you that you’ve run out of income to service another equity release loan… I understand that part of the answer is that properties become positively geared over time, but that can take 5-10 years. Some of us would like to buy more than once every 5-10 years. This is assuming all the loans in the portfolio are structured as interest-only loans with offset accounts, and that all spare cash is put into the offset accounts rather than paying off the loans. In the eyes of the lender, this means that all your loans are still at their maximum/initial balance. Theoretically a lender shouldn’t be willing to keep lending to someone who (on surface) never pays off their loans, and yet keeps taking out more loans…and yet that’s what is done by investors all the time! What is the piece of the puzzle I’m missing? Ben and Bryce – how does it work? As you know I’m a big fan of the podcast, keep up the great work!

52 | A property investor’s journey and confidence in the Australian residential property market – Chat with Phillip Tarrant

By The Property Couch February 25, 2016 in Podcast, Real life stories

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It’s our One Year Anniversary!! 🙂

Time does pass rather quickly and if you’ve found this podcast from Episode 30 or something, we strongly recommend you to rewind a few episodes and start with Episode One. It used to be 15 minutes, so it wouldn’t take long to catch up.

For today’s episode, we are bringing in Phillip Tarrant, Director and Managing Editor of Sterling Publishing and host for the Smart Property Investment Show Podcast. Apart from his daily job, Phillip is also on the board of Property Investment Professional of Australia (PIPA) with Ben. But Bryce and Ben is not talking about his role in the media industry today. Instead, they are focusing on his journey as a property investor, what triggered him to invest in property, how did he purchase his first investment property and how confident he is with the Australian residential property market. The three of them will also be discussing about the recent 60 Minutes investigation, which air on Channel 9 last Sunday (21/02/2016).

If you like this podcast: “A property investor’s journey and confidence in the Australian residential property market – Chat with Phillip Tarrant”, don’t forget to rate us at 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/

It’s our One Year Anniversary!! 🙂

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