329 | From Sports Star To Successful Investor – Chat with Tom Symonds

By The Property Couch March 11, 2021 in Podcast

Subscribe On Itunes Subscribe On Android

Here to help to hit your passive income goals and explain exactly how this sports star became a successful investor is NRL champion (and TPC Listener!), Tom Symonds!

Yep. Tom Symonds is a 10-year professional footy player (Roosters, anyone!?!) and, although retired from the game, Tom’s currently the Players Operations Manager with Rugby League Players Association. From 2009-2012, Tom played for the Sydney Roosters; from 2013-2016 for Manly Sea Eagles and from 2016-2018 for Huddersfield Giants!!

In other words – Tom is a Pro Athlete turned Pro Investor!!!

… And he has TWO Big Tips he wants to share with you that’ll seriously move the dial on how you create a passive income for life!!

This episode is an absolute “MUST” if you’re in the sporting world… BUT it’s not just for our sporting folks…

… Tom has some great insights into goal-setting (yep!), how to take your ego our of property investing AND – the delayed gratification piece – how to navigate the temptation of “Spend it all now” versus “Save some for later”!!

Plus, there’s something about “The Wage Myth” and professional athletes that might need clearing up too…

Tune in now to hear how this Sports Star became a SUCCESSFUL Investor (and the ups and downs along the way!)…

Free Stuff Mentioned…

And of course, if you own an investment property in VIC, don’t forget to…

Register For PICA Webinar with Leah Calnan – New Victoria Tenancy Law Update! (Monday 22^ndMarch)
Become a PICA Member – $5 For A Year or $20 for 5 Years

Here’s some of the stuff we cover…

03:32 – 130 New Victoria Tenancy Law Update!
05:50 – Why you should talk about your own mistakes first…
08:38 – How do you get your kids to listen to you!?!
10:34 – The FOMO.
11:01 – Meet Tom Symonds
12:16 – The money backstory…
13:30 – Money messages from parents!
14:32 – Where did his love for property come from?
16:57 – Can you fast track delayed gratification?
17:54 – Trial and Error with property!
19:16 – When you’re priced out of capital cities…
20:39 – The Buyer Decision Quadrantv – what are people compromising on?
23:11 – What was he earning when he first started?
23:24 – What are the incomes of NRL players and The Wage Myth…
24:54 – The property story!
26:45 – The property “presentations” in sports clubs…
29:10 – How did he course-correct property mistakes?
32:46 – Remember this if you are seeking professional advice…
35:30 – Tom’s TOP TWO TIPS!
39:28 – Little-know insights about Exiting the game
40:39 – What would Tom do differently in his property journey?
41:52 – The importance of influencers and mentors in your life…
43:02 – What do the next 5 – 10 years look like for Tom?
44:28 – Goal-setting hacks!!
46:30 – How important is PLANNING in your property investment process?
50:41 – The Three Key Takeaways from the episode!
51:50 – Did you know this about travel pillows!?!
52:58 – What’s Making Property News?
53:26 – How is the current property market in comparison to the peak of 2017?
55:13 – What does the RBA think about the rise in property prices?
56:38 – How long with this market cycle last?
57:27 – CoreLogic’s Home Value Index Results!

Free Report: 10 Tips Every Landlord Needs To Know To Protect Their Property

By The Property Couch March 4, 2021 in Free Resources

We get it, folks… “Landlord Protection Insurance” probably doesn’t sound like the most exciting thing in the world, right!?!

But here’s the deal… it is a CRITICAL element of a property investor’s Defence Strategy to protect themselves and their property portfolio. Our special guest, Greg Rowe unpacked all this and more in Episode 328 – The #1 Checklist For Landlord Insurance!

Now…. sometimes life can get in the way and you might have time to listen to the podcast. We get it! That’s why, we’ve collated all the critical tips and make it a free downloadable! Just to make sure that you don’t miss out on all the gold 😉

Fill in the form below and we’ll email you the Top 10 Tips Every Landlord Needs To Know To Protect Their Property report right away!

328 | The #1 Checklist For Landlord Insurance – Chat with Greg Rowe

By The Property Couch March 4, 2021 in Podcast

Subscribe On Itunes Subscribe On Android

This episode covers everything a landlord needs to know to PROTECT their investment property!

Sure, “Landlord Protection Insurance” probably doesn’t sound like the most exciting topic in the world… but we can assure you it is a VITAL part of a property investor’s Defence Strategy.

Here’s the deal… Building Insurance is NOT enough if you are NOT going to be the one living in your property… you need to make certain you have Third Party Cover and the necessary protection policies in place that are specific to a landlord’s best interests and needs.

So, here to explain The #1 Checklist For Landlord Insurance is an expert in the field – joining us today is Greg Rowe, CEO of Property Insurance Plus (PIP). Greg has extensive knowledge in ALL things Landlord Protection Insurance – like what to do to cover yourself from Loss of Rent, and loss or damage by tenants to your building and contents… on top of the “regular” cover to safeguard yourself from unforeseen events that could occur to your property.

So, what CAN and CAN’T landlords claim if something goes wrong?

What coverage MUST you have in place from the very beginning?

What is the minimum amount of coverage you should be looking at?

Tune in now to find out, folks!

P.S. To recap all of the gold that’s mentioned in today’s episode, here is PDF Report of Greg’s Top 10 Tips For Landlord Insurance – you’ll also get a deeper dive into what some of the legal terms and claims mean… so every landlord can be adequately protected!

Free Stuff Mentioned…

Free resources: 10 Tips for Landlord Insurance

Fill in the form below and we'll email you the PDF right away! 😉

Don’t forget… the affordability chart from Ben’s “What’s Making Property News” segment!

Here’s What We Cover…

04:01 – How to criticise and not be hated for it!
07:05 – Meet Greg Rowe!
07:37 – How did Greg get into Landlord Insurance, anyway?
09:22 – What is Landlord Insurance and what does it cover!?!
10:01 – What is Building Insurance?
10:24 – What will a GOOD Landlord Protection Insurance over you for?
10:57 – How many investors get Landlord Insurance?
11:55 – What is Public Liability and how much should you be covered for?
13:51 – How much should you be covered for Rental Default?
15:13 – Do insurers let you choose your policies?
16:11 – The Difference between “Rent Default” and “Loss of Rent”
16:39 – Bryce’s experience with his recent claim for a burst water pipe…
17:30 – The subtle (but significant!) difference between a burst pipe and the resulting damage from a bust pipe
18:21 – Why you need your OWN Landlord Insurance even if you’re a part of a Body Corporate!
20:00 – How do different insurers treat floating timber floors?
20:58 – Understanding policy wording… (get the “jargon explained” here >>)
21:10 – What are the different ways insurers treat Bonds?
22:19 – How much should you be covered for contents!?!
23:27 – Does cabinetry fall under “Building” or contents?
22:43 – GREAT Rule of Thumb to work out Building Items vs Contents Items!
23:59 – How did insurance policies change during Coronavirus?
26:07 – The Armageddon Panic that stripped Rental Default off the table…
27:01 – What was the spike in claims during the pandemic?
27:54 – How do underwriters work and what are the layers involved behind insurance companies?
29:07 – What does “Embargo” mean?
31:17 – How many landlord insurers are there?
33:14 – The biggest complaint that came through to PICA during the height of the pandemic…
34:15 – What was the reason behind “Lower Protection but Higher Premiums”…
36:55 – The biggest change in the insurance industry since COVID-19!
39:38 – What is the cover for legal costs to evict tenants?
40:26 – How great property managers come in…
42:05 – Are the certain limitations and premiums for specific postcodes?
42:41 – What is THE MOST COMMON Claim?
43:00 – What is THE MOST COMMON “Oh, no, we thought we would be covered for that!” claim that is NOT covered?
44:42 – How often should you replace the flexi house attached to the toilet?
45:58 – Differences in cover for periodic lease agreement (month-to-month) vs fixed term lease agreement
48:00 – What is the quickest way to find out what you are covered for?
49:00 – Levels of cover for Damage Caused by PETS…
50:07 – How much does Property Insurance Plus (PIP) cover for pets?
52:45 – Coverage for Death of a Tenant…
53:47 – Coverage for SQUATTERS…
55:19 – What are the Tenant Hardship clauses…
56:40 – The Difference between “Flood Damage” and “Storm Damage”
57:16 – When should you get Flood cover?
59:46 – Rookie Mistakes for Beginners…

And..

1:00:37 – Why is it NOT enough to just get Building Insurance?
1:04:07 – How to do your due diligence…

RBA March 2021 : Property Prices Break 17 Year Record!

By The Property Couch March 2, 2021 in Podcast, RBA Announcement

Subscribe On Itunes Subscribe On Android

If you’ve been in the news cycle, this shouldn’t come as a surprise but….

Australia Property Prices Break 17 Year Record! 😲

This video features Ben’s update on the Reserve Bank of Australia’s cash rate, and as always, he’ll be unpacking the economic and politic update around the world and within Australia too.

Plus, Ben also includes his latest news and commentary on…

A Quick update on the Pandemic Story
Mixed bag movement in the equity & commodities markets
The TWO big point of discussion in the US
Our Unemployment Story and how’s we’re faring when it comes Job Growth
Are Business Confidence and Conditions going back to pre-COVID levels or better?
The Australia Property Market – Why is it a hot topic at this moment
What’s the real challenge for the property markt

Additional free resources:

If you’re looking to buy at the moment, make sure to check out our Mini Series!

🔥 Episode 325 | The Step-By-Step Process To Win In A HOT Property Market – Part 1

🔥 Episode 326 | How To Win In A HOT Property Market (Part 2) – The Step-By-Step Process!

🔥 Episode 327 | Winning A HOT Property Market (Part 3) – The Step-By-Step Process!

And One Final Word…

If you’re worried about your finances or if you have no clarity on your cash flow position, we strongly recommend you to organise your finances now. It’s more important than ever to have a clear view, down to the exact cent, on how much you’re spending each month and how much surplus you’ve got. If you don’t know it, then log in to your Money SMARTS Platform here and update the numbers.

Don’t have an account yet? Create your free access below and we’ll also send you an e-copy of the instruction manual which is also our best-seller book, Make Money Simple Again. Just fill in the form below and we’ll email it to you right away.

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

327 | Winning A HOT Property Market (Part 3) – The Step-By-Step Process!

By The Property Couch February 25, 2021 in Hot Market Tips, Podcast

The final part of our mini-series: “The Step-By-Step Process To Win In A HOT Property Market” has landed!

Just in case you missed it…

LAST TWO WEEKS ON THE PROPERTY COUCH..

Episode 326 was all about The SEARCH for the property and The DUE-DILIGENCE around the search and the finance (lending) for that property!
Episode 325 was about GETTING STARTED! Nailing the brief, how to get your FINANCE ready,

And this week is all about…..

MAKING AN IRRESISTABLE OFFER!

Doesn’t matter if it’s an offer prior to auction, post auction or even a ZOOM auction…

We’ll be sharing practical, real-life and tested tips and tactics on setting your offer limit, the tone of voice to use, replies to common agent feedback, body language and more!

And of course…. What happens after the offer gets accepted?! If you think that you’ve signed on the dotted line and that’s it, you couldn’t be more wrong.

It’s not over until the keys to the property are in your hands and you can officially walk in without being considered a “trespasser” ….

We’ll be unpacking the mistakes, the last minute paperwork, the forgotten things and the follow-ups that a diligent buyer needs to do after signing the contract because let’s face it…. You’ve done so well to secure a property, you DO NOT want to stuff up the final leg.

Free Stuff Mentioned…

(AUDIOBOOK) The Armchair Guide to Property Investing now available on Audible & other audiobook platforms! And you can also get it at a discount here.
Real Estate Agent Series – Listen here

Here’s What We Cover…

9:42 – The FOUR overarching themes to be in a position of making an offer in this seller’s market
10:31 – One thing that you DO NOT WANT TO COMPROMISE ON at all to get the property
13:43 – In a HOT Market, you may need to make THIS decision before you even inspect the property. But are you in the right headspace to do that?
15:47 – The due diligence that you can do on the property BEFORE the open day
16:49 – How quick should you really go if the property is the one?
18:34 – If 6 months comparables are considered “old data” in this market… how do you even set a price or work out your offer/stretch?
19:05 – The three price levels that you need to know when buying a property
22:10 – What questions can you ask a competing (but friendly) agent who lost that listing?
23:50 – Two professionals in your A-Team that needs to be on standby before you go to an open
25:00 – Critical, Important and Nice-To-Haves in a contract – Which ones are worth taking a risk for?
32:13 – Offer Prior to Auction – How to get one and be ready for it?
32:30 – Boardroom auction – Is it still common these days and what’s the mystery behind it?
36:13 – The real boss during an auction and what role you want to play to make sure you are in their favour?
37:34 – Zoom Auction – Getting the art of body language right! (Yes, even if it’s online!)
40:54 – Ben’s real-life story of losing the auction but still winning the property!
43:23 – Making an Informal vs Formal Offer in current market prices
43:51 – Top 3 questions to ask a RE Agent during an inspection to show that you’re in the game
44:50 – The NUMBER ONE question to ask yourself when it comes to setting a price..
45:47 – Your script to the real estate agent >> “I’m not asking what they’re offering, of course you’re not going to disclose that to me. But ultimately what I am saying here are two things. One, if you ______”
48:32 – The CONDITIONS that you should include in a seller’s market to give you an added advantage 😉
50:15 – The Competitive Tension of NOT being Conservative vs Legitimate.
50:50 – Having THIS productive conversation with your broker and how to explain the nature of a hot market to them
52:26 – The exact questions you should ask your investment savvy broker and understanding the pros and cons of the different buying ranges
54:53 – When is it alright for you to jump up the risk spectrum?
56:55 – THIS is not an escape clause. Don’t dance with the devil thinking you can use it.
58:09 – Tips on taking away the vendor’s pain
1:00:57 – Settlement – how to make sure it does not fall over?
1:00:57 – Bryce’s (or rather Adit’s) Apple Lifehack!
1:08:23 – Ben’s What’s Making Property News on times when the Property Market went “crazy”

326 | How To Win In A HOT Property Market (Part 2) – The Step-By-Step Process!

By The Property Couch February 18, 2021 in Hot Market Tips, Podcast

Part 2 of “The Step-By-Step Process To Win In A HOT Property Market” is HERE…

… and today’s episode is all about two things:

The SEARCH for the property…
The DUE-DILLEGENCE around the search and the finance (lending) for that property!

Folks, as we mentioned last week in Part 1 of this 3-part mini-series… we are in a HOT property market – listings are TIGHT.

Properties are selling in the blink of an eye.

And pretty much every major and secondary market across the country is SMOKIN’…

… so if you’re a property buyer playing in “The Big Wave”, it’s vital you educate yourself so you stay in front of the curb (while NOT getting swept up in FOMO) – this way, you can ultimately enjoy the ride and, yep, the fruits of your smart efforts!

We’ll be unpacking quite a bit in this episode, and you’ll be getting plenty of tips on how to conduct your search to find an investment-grade property (incl. what WE personally and professionally do and look for!)… and let you in on “The Top 3 Deal Does” and “Top 3 Deal Breakers” in a HOT property market… as well as how to be due-diligent with your finances, ESPECIALLY in a market that is moving at a rapid pace.

Remember – stay informed, don’t do anything irrational right now… and ONLY IF you’re in a position to “push play”, move quickly but SMARTLY.

… What a ride we’re in!

P.S. – Part 1 was all about the backdrop of how we got to this HOT property market, how to get your PREP work done and figuring out your brief… this ep’s getting into the nitty gritty of the property and lending story!!

Free Stuff Mentioned

Here’s What We Cover…

The difference between On Market, Off Market and Advanced Listings!
The Investment Property Search Plan 🙂
How to conduct your asset selection
The Top 3 Deal Doers!
The Top 3 Deal Breakers!
What attributes do you need to look for in an investment property?
What “feeling” should the property evoke?
Why SHOULDN’T you be fearful of agents knowing your upper limit (in a hot market)?
Tips for dealing with real estate agents
How did we purchase a property when we were the 2^nd highest price offer!?!
What research sites can you use – and what should you look for in each?
Questions to ask a Property Manager to help you with your search…
… Watch out for FOMO!
How to do your Due-Diligence with the property?
How to do your Due-Diligence with your finance?
What is happening in the lending space during a HOT property market?
How can you fast-track your home loan application?
Settlement mistakes in a HOT market
Red flags certain properties and when to walk away
The relationship between % LVR and the type of property to buy
How many properties are going to auction this weekend!?!

325 | The Step-By-Step Process To Win In A HOT Property Market – Part 1

By The Property Couch February 11, 2021 in Hot Market Tips, Podcast

There’s no doubt about it – the property market is HOT and it’s only getting HOTTER!

Mark our words, folks – we’re in a Seller’s Market right now – and we’re talking Right Across The Country – which means if you’re serious about entering the property market, there are some CRITICAL things you need to know and do in order to make sure your execution is successful and, here’s the biggie…NOT something you’re going to regret further down the track.

This is what we call “The Big Wave” – so today is the very first episode of our new miniseries that will walk you through the ENTIRE Step-By-Step process to buy in a HOT property market.

This is the proven technique WE are currently using as we guide our clients through a hot market – so, we’ll be walking you through…

How to organise your Buying Brief
How to prepare yourself BEFORE entering the market (the team you need, the deposit you need, LVR requirements, the planning process etc)
How to search for an investment grade property (what to look for, where to look for it, tips for handling real estate agents)
How to be due-diligent with your finances
How long it takes for banks to process your loan (especially in a hot market)
Red flags for certain properties and when to walk away
Negotiation and Buying Tips specifically for a hot market
How to work out the difference between Quality Assets vs FOMO
What to Do AFTER Your Purchase
…. pretty much everything property investors need to know as they enter a property market that’s heavily swayed in favour of the seller!

Like we said today is just Part 1 – so please start from the beginning, and tune into the next upcoming episodes to make sure you’re in a position to WIN – because now is NOT the time to be doing anything silly!

Free Stuff Mentioned

The Buyers Decision Quadrant
Top Five Frameworks For Property Investors
Episode 324 | Property Market Outlook 2021 – Chat With Cameron Kusher Executive Manager of Economic Research at REA Group
PICA Webinar 2021 – Investment Property Lending
Free Book – The Armchair Guide To Property Investing
MyWealth Portal – The Hub For Your Financial Peace Don’t have an account? Just fill in the form below and we’ll set a free one up for you!
TPC Instagram
TPC Facebook

Fill in the form below and create your account on our Money SMARTS Platform now!

Already have an account? Log in here.

Here’s some of the gold we cover…

00:15 — 10 MILLION DOWNLOADS!
08:19 — Our proposal stories (LOL.)
10:37 — What has pumped up this property market?
11:41 — What are we seeing NOW?
12:37 — The economic flow on effect from property (did you know this number?!)
14:05 — A true story of how quickly things can change!
15:20 — WHY is the property market so hot?!
16:58 — The first thing you need to do!
17:33 — The Big Wave :0
18:34 — The Buyers Decision Quadrant
19:24 — Quick tips to asses the quality of an asset
21:03 — The 80/20 Rule
22:05 — The “S” word that changes everything!
24:25 — What to do if you’re buying as an OWNER-OCCUPIER
25:49 — What to do if you’re buying as an INVESTOR
26:50 — Why most people fail…
28:17 — How do you work out how much you should spend on a property?
29:05 — Realistic historical capital growth to look for…
32:00 — The biggest killer 🙁
34:11 — The Three Things to focus on to identify what property YOU need to buy
35:09 — Why are you incentivised to cut corners in a hot market?
35:23 — What happened with one of the properties we bought last week?!
36:54 — The property investor mindset
37:37 — Why you should NOT “play it cool” right now!
40:11 — The five-step process to build wealth
41:25 — Three questions to ask yourself before you do ANTHING!
40:54 — HOW TO CLARIFY
40:33 — HOW TO EVALUATE
44:22 — HOW TO PLAN
45:50 — What happens when you buy a higher-priced asset?
47:23 — Capital growth asset OR balanced asset OR yield asset?
49:24 — HOW TO IMPLEMENT (WAAY more coming!)
49:45 — HOW TO MANAGE
54:47 — Who do you need on your team?
55:46 — What do you need to ask a Building & Pest Inspector in a HOT market?
57:51 — If you’re buying “subject to”, what do you need to keep in mind?
58:15 — What to do with a contract!

and…

1:04:26 — What else have we’ve got coming for you in this miniseries?!
1:05:05 — The latest property market stats (AKA proof it’s a hot market right now!!)

324 | Property Market Outlook 2021 – Chat With Cameron Kusher, Executive Manager of Economic Research at REA Group

By The Property Couch February 4, 2021 in Podcast

Subscribe On Itunes Subscribe On Android

The pendulum has swung and Australia’s property market is expected to be very, very different in 2021!

On the back of what we can only describe as “a year we’ll never forget”, property is about to bounce ahead in a direction very few could have predicted during the height of the pandemic panic.

In this episode, you’re about to hear an expert forecast that reveals key market insights into the Property Market Outlook for 2021 (including suburbs set to soar this year and potential challenges up ahead!).

Joining us is Cameron Kusher, Executive Manager – Economic Research at REA Group. Cameron has over 15 years’ experience working as a property market analyst (both residential and commercial). His experience spans valuations, property development, development consulting, commercial property research as well as residential property research. Through his work, Cameron has gained a thorough understanding of property market fundamentals across demographics, trends and economics, making him a widely sought-after commentator and presenter on property market conditions and emerging trends.

Oh, and prior to joining REA Group, Cameron spent more than 11 years at CoreLogic where he was the Head of Research for Australia.

… If you want a realistic look into how property will perform this year and where you can expect to see price growth and high demand, then this episode is for you.

Just a Sample of What We Cover:

Economic Forecast – For Australia and International
Property Demand – Will There Be Unprecedented Demand This Year & What Areas Will Be Most Popular?
Property Supply – Will There Be A “Building Boom” This Year & How Will Supply Contribute To Property Prices In 2021?
Sales – How Do Current Property Sales Compare From This Time Last Year?!
Lending – Why People So Attracted To Debt Right Now… And Will This Will Lead To Increased Regulation? (… Plus, When Will Interest Rates Go Back Up!?!)
Property Prices – What Will Contribute To Price Growth & What Will We See Over The Next 60 – 90 Days?
Property Segments – A Breakdown of Property Markets Within The Country (Incl. Strange News On Regional Properties)
Buyer Behaviour – Is FOMO Coming?
Suburbs To Watch – Specific Suburbs Expected To Soar in 2021!
The Recession’s Hangover – How Long Will We Live With The Repercussions of The Recession? (And What Will We See Continue In The Rental Market?)
Top Tips For Property Buyers and Investors – Especially In The 2021 Property Market!

Resources Mentioned

Come Join The Fun On Socials (We’re Now Sharing WAAY More Free Education For Property Investors) >>
PIPA Webinar: What You Need To Know About Mortgages & Lenders
Summer Series Episodes 2020/2021
Free eBook – Make Money Simple Again
Cameron Kusher’s Twitter
With My Little Eye by Sandra Hogan
And here’s the graph we talked about in the episode 👇

Latest update on how property sales are tracking this year compared to 2019 and 2020 pic.twitter.com/XGPgsnG91P

— Cameron Kusher (@cmkusher) February 3, 2021

RBA February 2021 : “Up, Up & Away” For The Aussie Property Market…?

By The Property Couch February 2, 2021 in Podcast, RBA Announcement

Subscribe On Itunes Subscribe On Android

This video features Ben’s update on the Reserve Bank of Australia’s cash rate, and because it is the FIRST cash rate announcement for 2021 — and a significant amount has happened between his last RBA video until now — he has a lot to share with you.
And one of those things is very, very exciting indeed.
It just might have a bit to do with, well, double digit growth for property prices…

And because a significant amount has happened between the last announcement until now (locally here in Australia AND globally)… Ben has a lot to share with you!

The three big themes covered are:

🔥 Equity Markets – What’s Happening & What’s to Come?

🔥 Has Australia Pulled a Rabbit Out Of The Hat? 🎩🐇

🔥 Is It “Up, Up & Away” For The Aussie Property Market…?

p.s. Click here to read the full IMF report that Ben was referring to in the video.

And One Final Word…

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

323 | Rising From A Decade Of Addiction: The Phenomenal Property Investment Story You Have To Hear To Believe – Chat with Sam

By The Property Couch January 28, 2021 in Podcast, Real life stories, Summer Series

Subscribe On Itunes Subscribe On Android

There are stories you hear about that stay with you for the longest time. Stories of triumph, stories of heartbreak, stories of beating the odds. Personal stories so authentic and transparent that, no matter what, hit your core and you can’t forget.

This episode is THAT story. And today’s remarkable guest is Sam, a Couch Listener who is as inspiring and impactful as they come!

Seriously. This is one of the BIGGEST transformations – both the biggest financial AND life transformations – we’ve heard on the podcast, and indeed will go down as one of our favourites… ever.

Meet Sam .

Over four years ago, life was very different for Sam. For almost a decade she struggled with mental health and substance abuse… to the point where she was caught in a revolving door of psychiatric hospitalisation.

Since high school she has battled with mental health challenges, which continued for 9 years, while her struggles with illicit substances lasted for about 7 years…

Obviously, and quite understandably, you can imagine that financial matters weren’t exactly a priority. Let alone the thought of investing in property!

Fast forward to today, and Sam’s life is “we have no words” different. A PHENOMENAL turnaround you just have to hear to believe, folks!

Oh, and just FYI… Sam is a young single woman on a modest income who has never known ANY other property investors… yep, that’s ON TOP of her incredible backstory.

Just listen to it. You’ll be blown away.

We know we were.

P.S. This is the LAST EPISODE in our 2020 Summer Series… and while we’ve absolutely loved each and every one of our guests, we reckon we might’ve saved the best ‘til last.

For us, this has been the most impactful interview of all time!

Free Stuff Mentioned…

Here’s some of the stuff we talk about…

02:52 — Meet Sam…
03:09 — What was money like growing up?
05:10 — The poem…
06:04 — The incredible backstory
08:11 — What triggered such massive change?
11:00 — Warning signs…
11:45 — Sam’s advice for people who might be going through mental health issues…
12:39 — How can you best help someone who is struggling?
14:29 — How many mental health professionals has Sam likely worked with?
16:59 — The pivot!
17:41 — Wow — the foresight to do this was incredible!
19:10 — The first property…
21:05 — How did she rebuild her habits?
21:40 — Her savings tips!
22:32 — The biggest thing she’s learnt about money management
23:24 — How many bank accounts did she have open?
24:15 — Her money management system (and the infamous Word doc!)
26:39 — How did the podcast come across her radar?
27:53 — The first episode she listened to!
30:45 — When you’re sceptical about professional advice…
33:48 — What made her take advice?
36:20 — How does it feel to have a Property Plan in place?
37:44 — When’s her first investment property scheduled for?!
39:33 — What if you don’t know anyone else who in invests in property?
40:29 — What does Financial Peace look like for Sam?
44:33 — Some wisdom from Sam to you…
45:00 — The power of self-belief!
46:23 — Mindset vs Mechanics – Which is more important?

Note: There are more real-life investor stories like this in our Summer Series! Make sure you check them all out here.

Keen to Get Started with Money SMARTS like Sam?

Fill in the form below and create your account on our Money SMARTS Platform now!

Already have an account? Log in here.

Main Menu

Free resources: 10 Tips for Landlord Insurance

Plus, Ben also includes his latest news and commentary on…

Platform - Create New Account

Platform - Create New Account

Free Stuff Mentioned…

And of course, if you own an investment property in VIC, don’t forget to…

Here’s some of the stuff we cover…

Free Stuff Mentioned…

Free resources: 10 Tips for Landlord Insurance

Here’s What We Cover…

Australia Property Prices Break 17 Year Record! 😲

Plus, Ben also includes his latest news and commentary on…

Additional free resources:

And One Final Word…

Platform - Create New Account

MAKING AN IRRESISTABLE OFFER!

Free Stuff Mentioned…

Here’s What We Cover…

Free Stuff Mentioned

Here’s What We Cover…

Free Stuff Mentioned

Here’s some of the gold we cover…

Just a Sample of What We Cover:

Resources Mentioned

And One Final Word…

Platform - Create New Account

Keen to Get Started with Money SMARTS like Sam?

Instagram

Free Resources

Footer

MONEY SMARTS SYSTEM