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Episode 62 | Does the Great Australian Dream still exist?

What a week in the property industry!

It started off with ABC’s Four Corners Monday night segment called Home Truths. This episode focused on housing affordability and negative gearing and they’ve interviewed a few parties for this segment.

Following that, we have the Cash Rate announcement at 2:30 pm on Tuesday. As widely expected, the Reserve Bank of Australia has dropped the cash rate by 25 basis point to 1.75%. A few factors contributed to this decision but one of the main reason is the deflation recorded in the January – March 2016 CPI data. Although most economists have forecasted this movement, there aren’t many who talked about the changes that lenders would make. Would they pass on the full rate cut? What other changes would they implement following RBA’s decision? How will this affect the current mortgage holders?

Finally, on Tuesday night, we’ve got the 2016 Budget announcement by Scott Morrison. With so many speculations surrounding the negative gearing policy, what would the Government propose? Hence, this week on The Property Couch podcast, Bryce Holdaway and Ben Kingsley will be talking about all these discussions and how will it affect The Great Australian Dream. Tune it to start listening now!

Resources mentioned in this episode:

  • RBA May 2016 Cash rate announcement – Watch here
  • 2016 Budget Announcement – Read here
  • ABC Four Corner’s segment on housing affordability – Watch here
  • ATO’s Taxation statistics 2013–14 – Read here

 

If you like this podcast: “Does the Great Australian Dream still exist?”, 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.

Episode 018 | What is a Buyers Agent and Do You Need One?

We’ve all heard about real estate agents before but how much do you know about a Buyers Agent? Although this role is getting increasingly popular in Australia, not many investors are using one and some may not even know why they should use a buyers agent to start with. Ep 18 The Property Couch tips - What is a Buyers Agent and Do You Need OneSo this time on The Property Couch, Bryce Holdaway and Ben Kingsley help our listeners understand what is a Buyers Agent, what do they actually do, how do you find a good one and do you need one when you are buying your investment property?

 

A great analogy that Bryce used in this podcast is an investment property is like a bricks and mortar bank account. It doesn’t need to be pretty and all. It only needs to be investment-grade. And one of they key advantages of using a Buyers Agent is that you leverage on the skills and experience of a professional to help you find the best possible property for you. Both Bryce and Ben are experienced, qualified and licensed buyers agent in multiple states across Australia and in this podcast they share some of their recent stories – the successes and the challenges they and their clients face. They will also be discussing about the role professional bodies such as REBAA and PIPA play in this space.

 

 

If you like this podcast: “What is a Buyers Agent and Do You Need One?”, 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/

Episode 016 (Part 2) | 5 Essential Steps to Property Investing in Australia

Ep 16 The Property Couch - 5 Essential Steps to Property Investing in Australia Part 2In Part 1 of the 5 Essential Steps to Property Investing in Australia, Bryce and Ben talked about the Clarify, Evaluate and part of the Planning stage.

To recap, Clarify is collect information about yourself and to set your goals from the next five years up to retirement. Some of the questions that you need to answer are why invest in property, how much are you spending each month, how much savings do you have, how much do you want to retire with and so on.

Evaluate is to analyse these information and numbers that you’ve collected and pinpoint the shortcomings and identify the opportunities. Think about how you can save more, what is the status of your cash flow management, can you adjust your lifestyle choices to buy an investment property, is it time to refinance your home loan and more.

In this part of the 5 Essential Step to Property Investing in Australia, we move on to Plan, Implement and Manage. We all know that Planning is not easy especially if you are planning 30 years ahead. But if you don’t have a plan, you plan to fail. What’s more, you need to be able to implement your Property Portfolio Plan confidently and make sure you arrange regular review to determine how you are faring.

 

Resources mentioned in this podcast:

 

If you like this podcast: “5 Essential Steps to Property Investing in Australia – Part 2”, 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/

Episode 011 | Property Spruikers

Property Spruikers’ activity in this industry is not a new topic. It has been going on for a while and ASIC is trying its best to find and penalise these parties.  However, despite being a well known issue, there aren’t much else being done about it and at the end of the day, innocent investors are the ones getting hurt. Bryce Holdaway and Ben Kingsley have seen many cases like this in their day-to-day role and unfortunately, they’ve a lot of experience in fixing bad property investment advice. It is an issue that they are very passionate about and it highlights the importance and the crucial needs for more regulation and education in this industry. Hence they are keen to share with our listeners on how you define a spruiker, what’s their classic tactic is when trying to win an investor over and how can you distinguish them. Start listening to the podcast now to find out more.

Also, the RBA has just drop the official cash rate this month! Check out Ben’s commentary on the rate cut here.

 

If you like this podcast, 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/

Episode 009 | Buying Counter Cyclical

Last episode, we mentioned about Investment Stock vs. Investment Grade Properties and following that line of conversation, Bryce and Ben emphasized that some investors are just snatching up investment stocks now because they think that the property market is heating up and hence, are afraid of missing out. So this week, Bryce and Ben talk about understanding the property market trend and buying counter cyclical instead of chasing for properties which is potentially at the peak of their cycle already. This could potentially mean borderless investing for some of us and is especially true in Sydney where the property value seems to have overshoot the fair value.

 

Episode 009 - Buying Counter Cyclical - Core logic RP DataWhat investors also need to remember is that each state has its own cycle but it’s not always easy to determine where the market is currently at. So how do you know if you are buying counter cyclical? A good source of information is the CoreLogic Monthly Housing & Economic Chart Pack where you get to see how the property market in each state had performed for the last 30 years. Click on the image to download the report.

 

It’s all about timing the market and avoid making rash decisions. Start listening the podcast to find out more! If you like this Insider’s Guide to Property Investing, 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/

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