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Bonusisode with Nerida – RED Rooster & Property Prices?! 🐔🏡

Folks, it’s officially March AND today’s Facebook LIVE with Nerida Conisbee, Chief Economist at realestate.com.au was like no other!!

So… what did we chat about? Here’s a rough list!
👉 COVID-19 and what does it really mean for ordinary Aussies?
👉 Will it cause a recession?
👉 Why strong growth in debt is worrying for economic growth?
👉 Are we looking at a housing undersupply in Australia?
👉 Does dropping rates really have an impact given they are so low already?
👉 Is Perth recovery here yet?
👉 Are the price growth in Melbourne and Sydney sustainable?
👉 What’s the Red Rooster traing line in Syndey?!
 
And of course,let’s take a bit of a “behind the curtain” look into realestate.com.au best performing properties, incl:
✔ Most expensive property sold: https://www.realestate.com.au/sold/property-unitblock-nsw-maroubra-132890482
✔ Most viewed Res Listing: https://www.realestate.com.au/property-acreage+semi-rural-vic-narre+warren+north-133075414
✔ Most viewed Rental listing: https://www.realestate.com.au/property-unit-qld-mermaid+waters-428622226
✔ Most viewed property going to auction: https://www.realestate.com.au/property-house-vic-carlton+north-132966134
 
p.s. Want more of this? Tune in to our episode on >>> http://thepropertycouch.com.au/

 

p.s. And of course, if you’d like more, subscribe to our podcast every Thursday at 3pm on iTunes, Spotify or your favorite podcast app!

 

 

 

Free report: Our Top 5 Frameworks for Property Investors

Over the past 5 years, we’ve shared quite a few frameworks…. To be honest, we don’t know the exact number either and is in the process of compiling all of them!

But in the meantime, we know which are the most important and crucial. So we’ve curated each of our top 5 frameworks for property investors, sketched them all out and include all the links where you can find them as well! Just fill in the form below and we’ll email it to you right away. 😉

Free resources: Top 5 Framework

Fill in the form below and we'll send it to your email straight away!
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p.s. This report is part of our 5 years anniversary episode. If you haven’t listened to it yet, we strongly recommend you check it out here!

p.p.s. And check out Bryce and Ben unpacking this report on Facebook LIVE today!

 

 

 

 

 

 

Episode 273 | Calling out the Bad Guys – How we Found our Voice & Our Top 5 Frameworks to Defend Against Bad Advice

The property industry is unregulated. What this means is that there are more than a few Bad Guys – and not just the sharks in white shoes – out there who slither under the radar and sell dodgy advice that, quite frankly, moves their wealth position and not yours.

This is what keeps us up at night. This is what keeps us showing up every Thursday. This is what started this podcast in the first place. And if you’ve been with us for a while, you’ll already know that The Property Couch is “the people’s podcast” – we’re on a crusade to even the playing field between sly property spruikers and everyday folks who simply want to move the dial on their financial position and create a better life for themselves.

So today – to mark our FIFTH BIRTHDAY! – we’re going out on a limb and doing something a bit different…

Here’s the deal… there’s no doubt that there IS bad advice out there. We wish it wasn’t that way, but it is. There’s no use running from reality.

So in this episode we’re actually diving deep on some experiences we’ve never spoken about before. We’re going to give you a look into what life was like for us BEFORE we started The Property Couch and what pushed us over the edge to start educating folks about how this industry really operates. You’ll get the backstory into how we found our voice, what we did to make sure people heard us and why we care so much about all this property, finance and money management stuff in the first place!

And because our folks have kindly given us the airtime and a reason to show up for the last five years — a quick shout out to ALL of you and a HUGE thank you for your titan-strength support over the years – we’re going to unpack what we’ve learnt from doing the podcast itself… and how all this affects the guests we handpick, the topics we cover and, most importantly, the FRAMEWORKS we share with you! We’re leaving no stone unturned…  and – word of warning! – we’re ripping through this one as we are covering A LOT in this bowel-over ep!! (Ben actually reckoned this one would go for 2 hours if we didn’t get a wriggle on!)

 

Our Five-Year Birthday Episode ALSO includes…

  • Our Top 5 Frameworks to Defend Against Bad Advice
  • Our Top 5 Favourite Episodes… Of All Time!!
  • Our Top 5 Favourite Guests… (Tricky, but we did it!)

 

The Freebies Mentioned…

The most important freebie is probably the Top Five Frameworks for Property Investors! And we’ve compiled them all for you! Just fill in the form below and we’ll email the list… and heaps more!

Free resources: Top 5 Framework

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

04:33 – Bryce’s reasons for wanting to start The Property Couch

06:20 – Ben’s spark…

10:29 – How is property education like the Keto Diet?

13:03 – Why “7 properties in 7 years” is

14:20  – The Debt Servicing Debt Strategy

18:50 – What was the first course Ben decided was worth purchasing?

23:56 – How our Wealth Simulator came into existence…

27:35 – When and Why did Ben reach out to Bryce all those years ago?

30:42 – The Five-Step Process to Property Investing

35:40 – The lessons from the podcast

46:08 – Bryce’s Top Five Favourite Frameworks!!

48:02 – Four Critical Levers to Financial Peace

48:25 – Ben’s Top Five Favourite Frameworks!

51:35 – How do we decide on our guestsv?

51:40 – Bryce’s Top 5 Favourite Guests!

56:06 – Ben’s Top Five Favourite Guests!

57:38 – Honourable mentions – Bryce’s Top 5 Favourite Episodes

58:41 – Ben’s Top Five Favourite Episodes!

1:01:54 – The Most Downloaded Episodes of all time

1:03:24 – Our mistakes…

1:05:36 – NEW FRAMEWORK announcement…!!!!!

 

P.S. Tell us your Top 5 Favourite Money Hacks, Mindset Minute, Did You Know & International Sign Off!!

Let us know here or post a comment on our Facebook Page 😊

 

 

 

 

Episode 272 | Q & A: The Unspoken Truth About Growth Corridors & Picking The Right Property Investment Strategy

How many times have you heard something along these lines…?

“This suburb’s a growth corridor…”

“There’s heaps of development happening here… it’s the next growth corridor.”

“With all the new public transport networks, job opportunities and shops coming in, this place is absolutely a growth corridor… full of investment potential.”

With all this buzzword talk, it’s would appear that all us property investors need to do is hunt down the next “growth corridor”, invest in it before it really kicks off, and then sit pretty for the rest of our lives …

BUT. Folks, there is a massive problem with this! An unspoken truth about growth corridors that trips up a lot of investors out there. Sure, some “growth corridors” might indeed grow in value, but there is a huge misconception out there that we want to clear up today.

So, in our first Q&A of 2020, we’re diving deep on this unspoken truth and we’re also going to answer your questions about how to pick the right investment strategy… ‘cos guess what? While a whole lot of you folks know the fundamentals of property investing, you don’t necessarily know how to apply these to your own situation and goals!

 

Here’s a 30,000-foot view of what we’ll cover … 🚀

 

Resources Mentioned

 

The Questions

03:26 – Question from Jack on Bris vs Melb and differing opinions:

Hi there guys, first up I just want to stay that I’ve just tuned into your podcast and I’m absolutely loving it! I’m going to be buying a couple of your books too they seem to have a lot of great reviews and, yeah, I’m really excited to read them.

Fellas, I’m looking at starting my property investment journey in December 2020. Now, I’m following a couple of investors – one guy’s currently investing up in Brisbane. And this other guy I follow as well stays purely local, mainly Melbourne. He’s explained to me about the growth corridors – how they’re not really growth corridors – Packenham, Windenvale, Tarneit. I’ve gone and had a look and they don’t average as much as I thought they would. Nice places, but yeah. I can’t afford to invest in Melbourne itself and the different to the two is – the one up on Brisbane is getting people starting up around the $500 mark. And the other guy who invests only in Victoria says start out somewhere like Bendigo or Ballarat. He doesn’t think Geelong’s got good growth. Yeah, I’m hesitant to go to Bendigo and Ballarat as they are inland, but I’m hesitant that my judgement’s being clouded. I’ve always grown up in coastal places – always lived near the coast and love the coast. If you guys could give me your opinion that would be fantastic

 

13:18 – Question from Nick on Investing as an Expat:

Hi Bryce and Ben, my name is Nick. I’m calling all the way from Switzerland, although originally from the northern beaches in Sydney. My wife and I are both from the northern beaches, but we have been working here in Europe for the past 3 years and we are looking to buy our first property back in Australia. We’re keeping an open mind and looking all over the country – so not necessarily in Sydney.

We have a general question about what type of strategy we should be looking for being non-residents for tax purposes but Australian nationals, taking into account we can’t take advantage of first home owners grants, or negative gearing as we have no income back in Australia. Originally, we were considering purchasing an apartment with potentially 5-6% rental yield with the idea of having a high yielding property so one that can be potentially positively geared. What are your thoughts on this?

 

20:03 – Question from Nikii on upgrading PPOR now or later based on economic forecast:

Hi it’s currently June 27 2019, currently my husband and I purchased a 3 bed 2.5 bathroom 2 garage, 243sq townhouse, freehold in prime real estate in Hawthorne, Brisbane. We have been provided by market experts that we could get $830 – $850K  from the sale of our property. We’re currently wanting to upgrade to live in a better area. Would we be best with the economic forecast over the next couple of years to keep that property as an IP before upgrading to a property just in the very low millions.

 

26:03 – Question from Craig on selling a property at a loss or wait to recoup loses:

Good afternoon The Property Couch, my name’s Craig and I have a question. My partner and I currently own 3 investment properties between us. 2 of these properties are performing quite well, in terms of growth and low upkeep. The third investment property in Darwin was originally bought as a PPOR and is not performing well as an IP. The market is at the 32% downturn and is unlikely to recover any time soon. My question is… Should we continue selling the Darwin property at a loss and still walk away with about $30,000 to reinvest into a new or existing investment OR should we hang onto this investment long term with the intent of recuperating our losses, even though this property costs us about $8K a year? Thank you for your time.

 

31:40 – Question from Scott on what to do with money in the bank:

Hi guys, Scott* here, I’ve been on board following the podcast at April 2015 and have loved the journey. Almost five years in and I thought it was finally time to hit you guys up for some advice!

My wife Teresa* and I live in regional WA with our two kids aged 7 and 9. Both of us work full time for a state government department and we currently earn $270k gross per year combined. We own two properties in our hometown Perth. Our first home in Bibra Lake (shout out to Bryce!) which is valued at 430k with 350k owing. Our other property is a 1940s weatherboard cottage 5kms from the city with owner-occupier appeal, valued at 630k with 500k owing. So our total LVR is about 80%. Both loans are interest only and both properties have reliable tenants in them, paying $350 and $410 a week respectively.

We aren’t big spenders, and have no personal, car or HELP loans. Due to this, and the fact that our employer has heavily subsidised our rent whilst we’ve lived regionally, we’ve quietly amassed savings of $320k which currently sit in an offset account. We intend on staying in the bush for at least another 2 years before heading back to the big smoke, and in this we anticipate the $320k we have will grow by $75k each year in which we don’t do anything with it. However, I’m sensing there’s a huge opportunity cost here if we leave things any longer! Any advice as to what our next move should be would be very much appreciated. Keep up the stellar work.

 

39:30 – Question from David on Subdividing Parent’s Land:

Hey Ben and Bryce, Really been enjoying the podcast. I’ve got a bit of a unique question. At the moment I live with my parents and I am in my mid-20s, and I’m looking to subdivide a bit of their land as housing pricing are a bit too expensive for a single income. I was wondering if I classify for the First Home Buyers Grant if I build on their land and whether the actual certificate of title transfer needs to come onto my name, or can it remain in their name? Cheers, David.

 

Quote of the Episode

“An informed investor is a smart investor.”

 

Last Week’s Download:

Keen to find out how the state capitals recovered from their previous trough and the current outperformers? Looking for the data they chat of on the show? Just fill in the form below and we’ll send it to you right away.

Free resources: States Capitals Feb 2020

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Free report: State Capitals Outlook 2020

Keen to find out how the state capitals recovered from their previous trough and the current outperformers? You’re in the right spot! Just fill in the form below and we’ll send it to you right away.

Free resources: States Capitals Feb 2020

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Bryce and Ben have unpacked this report in detail in Episode 271 but it is quite hard to visualise it on audio. So we’ve created this report as well as the definition for the terms used.

We’ve also included the hot pockets that Jeremy Sheppard listed in the episode. Hot pockets are clusters of suburbs either neighbouring one another or in close proximity where demand exceeds supply in all of them. Heat in an “isolated” suburb (i.e. not in a cluster) may dissipate into its neighbours, diluting growth. But a cluster means buyers have fewer options. They can’t turn their attention to a cooler market unless they look much further afield. This makes clusters a good choice for investors to start their research.

 

 

 

 

 

Episode 271 | Property Outlook and Hotspots To Watch in 2020

Who wants to know what’s in store for the property market in 2020?

Think Hot Spots. Suburbs to watch. Capital city drive by. Property Predictions!!

Sure, we know all of this property outlook stuff is a bit “crystal-bally” folks… BUT we also have some cool data up our sleeves that’s backed in some serious research! So today we’re gonna give it a solid crack at letting you know what we think is going to happen this year!

And not only are we going to do a “fly around” of the entire country so we can paint a realistic picture for you, we’ve also pulled our Capital Growth King, Jeremy Sheppard, our from the lab to share the outperforming suburbs in each state and territory!!

For our folks who’ve been with us for a while, you’ll know who our mate Jeremy is… and for the folks that don’t — basically Jez is THE guy you want on your side if you want to find the best locations to buy in! He’s the Property Analyst, Research Director and Creator of DSR data, one of the many property research tools of Select Residential Property!

We’re not holding back on today’s episode either folks — you won’t JUST get the property hotspots, you’ll also get the insights into the specific properties we buy in each capital city. and why! Plus, of course, you’ll learn all of the states we’re currently buying in, the “up-and-comers” and the ones we avoid at all costs.

Let’s kick your year off with the CORRECT data-backed information!! (Also, you can get all of the numbers we refer to below. We don’t want your email or anything. You might just want it handy when we’re going through the numbers!)

 

Download All Of The Data We Refer To Here

Free Resources Mentioned:

 

Keen to find out how the state capitals recovered from their previous trough and the current outperformers? Looking for the data they chat of on the show? Just fill in the form below and we’ll send it to you right away.

Free resources: States Capitals Feb 2020

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Key Learnings

  • Typical value versus median values
  • Current value vs. peak and trough in EVERY state & territory
  • How many outperforming suburbs are in each state?
  • The suburbs to watch in Sydney
  • The suburbs to watch in Melbourne
  • The suburbs to watch in Brisbane
  • The suburbs to watch in Adelaide
  • The suburbs to watch in Canberra
  • The suburbs to watch in Perth
  • The suburbs to watch in Hobart
  • The suburbs to watch in Darwin
  • The types of properties we buy in Sydney
  • The types of properties we buy in Melbourne
  • The types of properties we buy in Brisbane
  • The types of properties we buy in Adelaide
  • The types of properties we would buy in Canberra if we were an owner-occupier
  • The types of properties we would aim for in Hobart
  • WHEN we’re thinking of buying in Perth
  • Affordability and Apartments as Investment Properties?
  • The Capital King’s Property Hot Spots and Hot Tips for you!!

 

 

 

 

Episode 270 | How To Recover When You’ve Lost Everything – Chat with NRL Star Matt Srama and Jaemin Frazer

“The aim of the game is to learn how to fill your own cup… to do the adult work.”Jaemin Frazer

Matt Srama lost everything. But then he did something that would turn this loss into a profound learning experience. And his life has dramatically changed as a result.

The question for you is… have you ever wanted to change something in your life, but found yourself getting in your own way? Maybe you keep repeating the same bad habits that are interfering with the result you really want. Or maybe you’re shackled to the same story that’s been running your life for a very long time, keeping you stuck, perhaps without you even realising what’s happening!!

Well folks, today’s exclusive episode is all about how to become the hero in your own story and finally do the “adult work” you need in order to live the life you truly imagined for yourself & recover from ANY set back. And we have not one, but TWO very special guests in with a very candid interview to reveal the framework folks need to create LASTING positive change… and ditch any self-fulfilling prophecies, insecurities or setbacks that could be standing in the way of real success!

Joining us today are two “repeat offenders” on the Couch and names you might already recognise…. retired professional NRL rugby league player for the Gold Coast Titans, Matt Srama (Episode 254) AND one of Australia’s leading Life Coaches and Founder of The Insecurity Project  — and Bryce’s own personal development coach — Jaemin Frazer (Episode 179).

Here’s the deal… Matt’s ridden the cycle of being a professional athlete – the excitement of being drafted, the excitement of earning good money, the excitement of having a huge crowd cheering for him and his teammates… and then felt the complete reverse of this … the shattering disappointment of a promising career cut short due to injury. And so, ‘cos we’re a big fan of the frameworks Jaemin teaches about getting through insecurity, Bryce saw an opportunity to chat to them both today and get a unique perspective that we don’t hear about too often…

 

Bushfire appeal links:

 

 

Free Resources Mentioned:

 

Key Learnings

  • How to Be Self-Sufficient Financially, Physically, Mentally and Relationally
  • What are some of the unique challenges athletes face?
  • What are some numbing strategies we all face?
  • What did Matt miss the most when he retired?
  • Tony Robbins and a false sense of security…
  • The Child Strategy vs The Adult Strategy
  • Better Ways to Meet Your Needs – Distinguishing Between Internal and External
  • What are Healthier Habits To “Fill The Void”
  • Tony Robbin’s 6 Core Needs and how it affects your choices
  • How many of these core needs create addiction?
  • What was it like for Matt once the “shield” came off?
  • The stories we tell ourselves…
  • How to switch your mindset
  • The tipping point…
  • Why do you have to go all the way back to the place the story it started?
  • How can thinking “you’re nothing special” help?
  • Learning your subconscious blueprint
  • The problem with mental health…
  • The Two Things you need to become an “adult”
  • How to recover when you’ve lost everything

 

And this is the last of our Summer Series 2019/20 folks! We hope you’ve enjoyed it! And if you ever want to re-visit some of the other episodes in this series, they are all right below!

 

 

RBA February 2020 – Bushfire Crisis, Coronavirus & Economic Outlook

The start of the decade doesn’t look great at the moment. At the end of last year, we faced with a bushfire crisis domestically and now, internationally, we are looking at coronavirus outbreak. 

So, what’s in store for this month’s RBA Cash Rate Decision? Here’s what Ben will be unpacking in this month’s session:

  • The impact of the bushfire crisis, drought and coronavirus to Australia’s Economy
  • The US-China have sealed Phase One of the deal. What will we be expecting from now onwards?
  • Brexit and what does it mean to us?
  • The inflation rate is currently sitting at 1.8%. Will we be seeing a drop or rise from here?
  • Unemployment and job growth data – How did this affect the RBA’s cash rate decision?
  • Credit and Lending Data Update
  • and more!

 

 

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

Bonusisode with Nerida – What’s the MOST IN-DEMAND suburbs for upsizers?

Our first Monthly Economic Outlook with Nerida Conisbee, Chief Economist of realestate.com.au and we’ll be talking about some serious updates folks! There have been some major events this couple of months so make sure to tune in.

Here are some of the topics we touched on today…

✔ Will rates be cut this week?
✔ Most in-demand suburbs for upsizers
✔ Updates on BREXIT and the US/China Trade War
✔ How will the coronavirus outbreak impact Australia’s Economy
✔ Why are listings hard to predict?
✔ Update on the property market across Australia Make sure to tune for more!

 

p.s. And of course, if you’d like more, subscribe to our podcast every Thursday at 3pm on iTunes, Spotify or your favorite podcast app!

 

 

 

Episode 269 | Gamifying The Race To Retirement: Granny Flats, A Garage Full of Cars, And An Ex-Seller of House & Land Packages – Chat with Athena Anca

Put your hand up if you want to fast-track to the day when you can choose whether to go to work or not? Okay. Hands down. Most folks — probably early morning on a Monday when the alarm goes off — have thought it’d be nice to have the option to roll back over… or simply get out of bed and have the whole day to do whatever you want, without worrying about where the money’s going to come from.

So that’s why today’s guest is gamifying the race to retirement — that is: she’s turning money management into a game… a fun competition where her and her partner are trying to beat how much surplus they can trap… and how fast they can race to retirement!

BUT, as all “real life” stories go, this one’s a bit more layered than that. In fact, it’s WAY more layered….

Because, for one thing, Athena Anca — the FINAL “everyday investor” who has put their knowledge into action and is tying up our 2019-2018 Summer Series — wasn’t always like this.

What’s most interesting is Athena actually used to SELL House & Land Packages! … And she and her partner Jason BOUGHT one as their first property!! Sure, now they’re investing in granny flats and planning for their dream home with a garage full of super cars, BUT…….

Guess what??? This actually is isn’t the first time Athena’s been on The Property Couch! If you circle back to mid-last year (Episode 236), Bryce actually read out an Instagram message from Athena….

 

Our first property decision was a setback in disguise. In 2016 we bought a house and land package based on first home buyer incentives that weren’t in line with our goals. Cue Bryce and Ben….
One episode at a time we learnt the difference between Investment Stock and Investment Grade, became my familiar with the lending landscape and finally channeled our discipline into managing money rather than it managing us. I only mind a little bit that our friends think we’re tight-arses! We became borderless investors and this year added our third property to our portfolio…”
– Athena on Instagram, Read out in Episode 236

 

Free Resources Mentioned:

 

Episode Breakdown

01:53 – The Money Backstory!
07:20 – How did Athena manage her money before she met Jason?
14:50 – The “tight-arse” money moments!
16:28Why invest in property?
16:58 – Gamifying the race to retirement…
18:28 – How had they set up their lending?
19:53 – Why didn’t they buy a house and land package again?
21:42 – Investing for Yield: Is a Granny Flat a Good Strategy?
23:10 – The “Super Car” story!
23:51 – What was it like selling House and Land Properties??
25:18 – The House and Land Sales Spiel…
30:21 – How much are the granny flats? How many beds, etc?
31:25 – … and the rent return for the granny flat?
32:37 Pros and Cons of Granny Flats
33:15 – The Plan
35:20 – Athena’s advice for YOU….
35:44The Mindset Tips: How to overcome analysis paralysis
40:52 – Are they still tracking ever single dollar with Money SMARTS?
41:11 – What do they do differently with their 7 day float?
41:38 – How far ahead are they on their money target?

 

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