X

Episode 247 | How to Invest in Property When You’re Busy Raising a Family, Holding Down a Career, Have No Time or are an Investor Already

No time? But still wanting to invest in property? Keen to find out what strategic step you should take next?

Attention! Busy folks and experienced investors…

…. yes, that’s you lot down there at the back who are raising a family, holding down a career, investing in property already AND/OR simply have a lot on the go….

… this is YOUR episode!

 

‘Cos today is PART 2 of our tips and tailored Q&A session for each investor demographic… and today we’re tackling…

  1. Busy folks
  2. Experienced investors

So, if you’re a curious to learn how to invest in property WITHOUT sacrificing your life, lifestyle or livelihood… or you wanna hear how to review your current portfolio, or what to do when you’ve ALREADY got one or two investment properties under your belt…. then you’ve come to the right place!!!

Today we’re answering the common questions folks in either/both of these demographics ask us, so that you’ll be educated, efficient AND effective at building out your property portfolio.

 

Your Free Reports Tailored to This Episode:

Fill in the form below and we'll send it to your email straight away!

  • Which report are you interested in?
  • This field is for validation purposes and should be left unchanged.

 

Other Resources Mentioned on the Show:

 

So… THE QUESTIONS — 

For Busy Couple and Families:

  • Q1: How do we afford to invest in property when we’re busy raising a family and still keep money for holidays, schooling, being home and other important lifestyle needs?
  • Q2: How much does it really cost and how long will it take to build a stress-free property portfolio that we can live off?
  • Q3: Is passive income through property a possibility or a pipe dream? Will we really have enough to retire comfortably?
  • Q4: Who can we trust to set us on the right path?
  • Q5: What’s happening with property now? Where are we in the property cycle and what locations should we invest in?
  • Q6: What type of properties should we be looking at if we are in this particular demographic?
  • Q7: What’s the best loan structure and strategy for my situation before I’m in this particular demographic?
  • Q8: When should we buy the next one? After the kids are in high school?
  • Q9: How can we find the best way to get started at this stage of our life?

 

Experienced Property Investors:

  • Q1: Is your current portfolio correctly structured for optimal growth and will new property strategies actually work for you?
  • Q2: How many do I actually need?
  • Q3: How do I review my portfolio?
  • Q4: How can you grow your portfolio quickly without risking all you’ve worked so hard to achieve?
  • Q5: How can you invest in property when you’re nearing retirement and concerned about conserving your current nest egg.
  • Q6: What’s the truth about self-managed super funds? Should you have one? Us it set up for ultimate performance and is your current structure in danger of noncompliance?
  • Q7: How do I diversify my portfolio?

 

Today’s Links…

If you’re not keen to download the booklets, no worries! Here is the list of resources that were mentioned today:

 


 

Report: Is My Property Portfolio Enough?

Are you already an experienced property investor? If so, maybe you’re wondering if you need to buy more properties to build up your portfolio and create the passive income you’re chasing? Or maybe you have one or two investment properties under your belt, but aren’t sure what strategic step to take next? Or perhaps you’re even floating the idea of investing through a self-managed superfund, but aren’t sure if it’s a suitable option for you?

Wherever you’re at, as an experienced investor it can be challenging to way up how your current portfolio is performing, how often to review your properties or even to know if you need to continue investing, especially given the fact that you don’t want to risk all of the hard work and effort you’ve already put in.

And as experienced investors ourselves, we get it.

So we want to help you out… Fill in the form below and we’ll send you the free report!

Fill in the form below and we'll send it to your email straight away!

  • Which report are you interested in?
  • This field is for validation purposes and should be left unchanged.

 

 

 

What’s included in this Free Report: Is My Property Portfolio Enough?

 

 

Report: I Have A Property, What’s Next?

Time poor? Curious to learn how to invest in property without it taking up too much of your precious hours? Wondering when and what your next property should be? Keen to get answers to your property investment questions right now without the fluff so you can get an honest, professional opinion on how you might be able to make this happen for you and your family?

Good news. Inside these pages, you’ll find exactly that — common questions that time-poor folk and parents with kids ask us.

And as property investors who happen to have a couple of kids of our own and work fulltime (most weeks “it’s fulltime… and then some”), we get that you’re already juggling it all — taking care of your family, holding down a demanding job, dealing with the stressors of everyday life, trying to remain sane throughout it all, etc. etc. — we know that adding “investing in property” into that mix might seem like an incredulous and perhaps impossible feat.

The truth? It doesn’t have to be.

So we want to help you out… Fill in the form below and we’ll send you the free report!

Fill in the form below and we'll send it to your email straight away!

  • Which report are you interested in?
  • This field is for validation purposes and should be left unchanged.

 

 

 

What’s included in this Free Report: I Have A Property, What’s Next?

 

 

Report: How to Start Investing In Property?

So you’re interested to start investing in property, huh? Good on you!! (So are we!)

To give you an idea, property investing is our greatest passion and something we do both personally AND professionally… so you’re in safe hands here and we’ve DEFINITELY got some insights to share with you!

We’re going to help you out. We’re just going to tell it like it is, answer some of the most common questions that a lot of beginner investors have, without the fluff and confusing-jargon, and give you a whole heap of free resources that you can poke around with and take a look at in your own time and at your own pace, okay?

So if you’ve already saved up a deposit or if you’re halfway there, then this free report is for you!

We talked about this in detail on Episode 246, Real Estate 101! But if you’re keen to get your hands on the transcripts, all the links mentioned in the episode AND additional resources that will help you escalate your journey, then this free report is for you!

 

Fill in the form below and we'll send it to your email straight away!

  • Which report are you interested in?
  • This field is for validation purposes and should be left unchanged.

 

 

 

What’s included in this Free Report: How to Start Investing In Property?

  • Full Transcript for this section on Episode 246, Real Estate 101
  • Free download of our best-seller book, Make Money Simple Again
  • Four additional videos that are related to this topic
  • Access to TPC MyWealth Portal to trap your surplus
  • Free download of our Money Magazine Cover Story

 

 

Report: Are You Saving For A Deposit?

Are you madly trying to save up a deposit, wondering how long it’s going to take for your savings to “magically” transfer into bricks and mortar? Maybe you’re a first home buyer and you’re desperate to haul yourself up onto the property ladder, but you’re not sure of the exact process involved in buying a home, or you wanna make sure your hard work and effort goes into a great asset or, hey, maybe you simply want your deposit to hurry up and be enough already?!

We talked about this in detail on Episode 246, Real Estate 101! But if you’re keen to get your hands on the transcripts, all the links mentioned in the episode AND additional resources that will help you escalate your journey, then this free report is for you!

 

Fill in the form below and we'll send it to your email straight away!

  • Which report are you interested in?
  • This field is for validation purposes and should be left unchanged.

 

 

 

What’s included in this Free Report: Are You Saving For A Deposit?

  • Full Transcript for this section on Episode 246, Real Estate 101
  • Free download of our best-seller book, Make Money Simple Again
  • Three additional videos that are related to this topic
  • Access to TPC MyWealth Portal to trap your surplus

 

 

Episode 246 | Real Estate 101: Everything from Buying Your First Home to Beginner Investor Tips

Attention! First-time investors, first home buyers and property investors needing a refresher!

This episode is your official “How To Guide” — including everything you need to know about buying property… AND investing in it! We answer your questions, we tell you exactly what you need to know to avoid the mistakes from the get go, what investment makes for a good investment AND how to get onto the property ladder quicker and without the hassle!

This is Episode #1 of TWO EPISODES that cover the types of property investor demographics out there… our beginner folks all the way to our astute listeners who already have a property portfolio to their name. And guess what? Today is ALL about our “first time-ers”… first time investors… first home buyers…. and those who wish they’d had access to this info when they FIRST started!

We’re also throwing in Free Report for EACH of the profile including a transcript, commonly asked questions, links mentioned in each of the section and Additional Bonuses to help you in your journey. So between these two episodes, make sure you pick up the Demographic Booklet that’s designed for you!!

 

Today’s Freebies…

Fill in the form below and we'll send it to your email straight away!

  • Which report are you interested in?
  • This field is for validation purposes and should be left unchanged.

 

 

So… Today’s Questions are…

For First Home Buyers:

 

For First Time Investors:

 

Today’s Links…

If you’re not keen to download the booklets, no worries! Here are the list of resources that were mentioned today:

 

 

 

 

 

 

Episode 245 | From Motor Mechanic to Selling James Packer’s House! – Chat with Michael Pallier

Some stories need to be heard to be believed! And the story we’re about to share with you is indeed one of these… ‘cos today’s guest went from being a motor mechanic to selling some of the most expensive properties across the country… yes, including… the home of Australian billionaire businessman and investor James Packer!

Joining us on the Couch today is Michael Pallier, Managing Director of Sydney Sotheby’s International Realty — an elite agency that handles the sale of luxury residential homes and rural properties throughout NSW and the ACT!

To give you an idea of the calibre of the properties Michael sells… well, folks… he’s just sold his EIGHTY-SECOND property valued OVER $9 MILLION (oh, and Packer’s property went for a cheeky $70 mill)!!

His sales history has included…

  • The most expensive home ever sold in Australia
  • The most expensive home ever sold at auction in Australia
  • The most expensive residential land ever sold

So. Pretty impressive stuff, right? But what we really wanna know is… … how???

How on earth did a motor mechanic all of a sudden start selling luxury homes? And who are the people who are forking out some serious cash for these properties?

And, of course, what can we learn from Michael’s secret to success?

Psst… as mentioned in today’s ep, here’s the house he’s currently selling: https://www.realestate.com.au/property-house-nsw-vaucluse-131386806

And here’s Bryce’s mindset minute from Simon Sinek! Watch his video here. 

 

THE INTERESTING STUFF

 

P.S. If you’re interested in learning more about property, finance and money management — and you also wouldn’t mind having VISUAL demonstrations to help cement your learning, check out our Facebook Live Videos.

 

 

 

Episode 244 | Borrowing Power in 2019: Everything You Need To Know

APRA has recently made changes that affect a lender’s borrowing power — what does this mean for property investors and home owners… and their interest rate?

Well, folks… we’re deep diving on this today (and getting a little bit technical), because in July 2019, the Australian Prudential Regulation Authority (APRA) came out with their revisions to the “buffer” and “floor rates” of their Prudential Practice Guide APG 223.

And why are we telling you this? In a nutshell: this results in a change, potentially an increase, in a lender’s borrowing power… which means YOU can potentially borrow more money!!! (Not sure why this is a good thing? Listen to this episode on the basics of borrowing power first).

Now, if you’re wondering what on earth we mean by “buffer, “floor rates” and “potentially”… take it easy… we’ve totally got you covered here — we explain all this, incl. examples of a single person AND a couple, so you can get a “real life” angle on all this. Plus, Ben’s obviously in his element so he drops a lot of new gold and mortgage broking insights!

Oh, and did we mention that we’ve also sneaked in a little Finance Q&A as well?? Yep, true story. You can find the exact questions a little further down in these show notes 🙂

 

Free Resources

 

Key Learning Points

  • Debrief: How do APRA’s changes affect borrowing power?
  • Why is Ben describing lending in 2020 with the world throttle?
  • What is the variance in borrowing power of Principle and Interest vs. Interest Only Home Loans now? What does that mean for an investor?
  • Quickstart History Guide on Lending
  • What has happened to the Floor Rate?
  • What is each of the “big four” bank’s NEW floor rate?
  • What is a Sensitivity Margin?
  • How did poor regulation contribute to the Global Financial Crisis?
  • What’s a gig economy?
  • How much is the Commonwealth Bank of Australia (CBA) now spending per year to rectify and enforce new changes following the Royal Commission?
  • Example: A Single Person’s Borrowing Power
  • Example: A Couple’s Borrowing Power

 

The Questions

Question from Bella

We just bought a house and are setting up our loan. Should we get our wages put directly into our offset account and then pull money into our everyday account for expenses and keep a minimum amount in there, say $2,000? My husband wants to do it the opposite way. And just pay our offset with leftovers after expenses. What should we do?! HELP! 

 

Question from Todd

Hi Ben and Bryce, Love your podcast! Have learnt so much since I found it 6 months ago. My question is loan structure related, with tighter lending these days is it an optimal strategy to split my PPOR Loan into 3 or more splits so I can pay them off quicker and then re-borrow once payed off to invest? Or is it better to build up a large sum in my offset account? Thanks in advance guys and go Eagles Stig!

 

Question from James

With the RBA’s drop in interest rates to 1%, I (like most people) are considering refinancing away from my current mortgage provider. We have been looking into a few options, but keep hitting a hurdle due to being on one wage and having 2 properties (our owner occupied and one investment) as I am currently on a non-permanent workers compensation payment through DVA, the banks will not recognise my wage as a salary.
So, my question is, with APRA’s change and loosening the reigns on lending, has this already came into effect? If not, when is this due to be implemented by the banks? Thank you

Question from Stuart

Hi Bryce and Ben, long time listener, first-time caller from NZ. Love listening to all your podcasts every week. Quick question regarding my PPR and mortgage offset. I have received a windfall, which I am wondering the best use of. I could put it all into my offset account against my mortgage and with my current offset savings this would 100% offset my mortgage and I continue to pay it down over the next 10 years. Or am I better off paying down a large portion off it immediately leaving the balance fully offset to pay off over just a few years. I guess it’s a matter of keeping the offset bucket full against the mortgage, or paying down the mortgage ASAP. I also have 1 investment property, which I’ll need to reorganise to start offsetting ASAP. Hope that makes sense, thanks.

 

And here’s the table that Ben promised on the show! 😉

 

 

RBA August 2019 – Should you be FIXING your Rate?

This is NOT the time to fix your mortgage.

It’s odd, isn’t it? The cash rate is on an all-time low and the lenders have been cutting their rates, both fixed and variable. So why is it not the time to go for a fixed loan?

We know it’s a big statement and that’s why Ben will be explaining all that in today’s RBA commentary folks! Apart from that, he’ll also be covering a variety of topics such as:

  • What’s happening with the US-China Trade Deal and how did the US Chair of Federal Reserve, Jerome Powell reacted to it?
  • What’s the main focus for the RBA at the moment?
  • How will the slight improvement in inflation impact the economy?
  • Is retail spending moving in the right trend?
  • Have we finally bottomed out in the Property Market or are there a couple more months to go?

Now, let’s dive into RBA August 2019 Cash Rate Announcement!

 

DISCLAIMER: This podcast is general information only and is an opinion comment by Ben Kingsley. The information contained in this video is for Australian residents only. The information does not take into account the particular investment objectives or financial situation of any potential viewer. It does not constitute, and should not be relied on as, financial or investment advice or recommendations (expressed or implied) and it should not be used as an invitation to take up any investments or investment services. No investment decision or activity should be undertaken on the basis of this information without first seeking qualified and professional advice.

The Property Couch, its employees or contractors do not represent or guarantee that the information is accurate or free from errors or omissions and therefore provide no warranties or guarantees. The Property Couch disclaims any and all duty of care in relation to the information and liability for any reliance on investment decisions, claiming the use or guidance of this publication or information contained within it.

For more information, please visit: http://thepropertycouch.com.au

Episode 243 | This is How You’ll Be Buying Property in the Future… Steve & Trent from Phoria

Want to know EXACTLY HOW you’ll be buying property in the (not too distant!) future??

We know we sure do!

So folks, here to tell us what the future in real estate is with augmented reality, virtual reality and a whole lot of jaw-dropping new tech is Steve Kounnas and Trent Clews-de Castella from Phoria, a world leading immersive tech studio that specialises in just this! Not to mention the fact that Phoria’s good mates with the likes of some “kinda known” brands like Google, REA Group and News Corp — oh, and they also happen to be neck deep in their mission to transform human experiences!

And, yep, the reason we’ve got them on isn’t just because Steve and Trent have ALREADY changed the game in the “extended reality” space… but also, they’re about to clue you in on what’s to come!!

Sure, you might think this stuff is like something straight out of a sci-fi film … but we kid you not folks… it’s anything but! Yep… it IS coming (in fact… it’s already here)… so you can only imagine how fast some of these changes are going to land in the real estate industry!!

Picture this… buying property in a VIRTUAL world!

And before you get all weirded out… just remember… not too long ago the thought of an iPhone seemed impossible/ridiculous/the brain child of someone completely nuts… but NOW??  Well… we’ve all got one in our back pockets, don’t we?

Stay ahead of the curb and you’ll always be ahead folks!  😉

 

Resources Mentioned:

 

The Top Highlights…

  • What’s virtual reality going to do to property?
  • What’s a Matterport camera and how’s it going to change the way you SEE property?
  • What will you eventually be able to scan and create in your own home?
  • WHEN will this tech be in 80% of the property market?
  • How are real estate agents going to deal with you when these changes roll in?

 

Plus These Gold Nuggets…

  • What’s the difference between virtual reality and augmented reality?
  • How will this tech transform the way you maintain your property ie. construction, water pipes etc? (well, the entire building and trade industry really!)
  • How did Steve and Trent get interested in augmented reality?
  • When did they realise they were seriously onto something?
  • How’d the first ever “virtual inspection” of a property come about?
  • Who’s investing in these types of companies? And what does that tell us?
  • What industries are also being lead and transformed by this tech?
  • Is this stuff super expensive?
  • 10 years from now… what are you looking at? How are you buying property?

 

 

Instagram

×

MONEY SMARTS SYSTEM

Plus We Will Also Notify You
When We Release New Episodes

  • This field is for validation purposes and should be left unchanged.

We Only Send You Awesome Stuff

×

SUGGEST A GUEST!

We Only Send You Awesome Stuff

×