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511 | Transform Your Backyard into Profit: A Simple Solution to the Housing Shortage – Chat with Peter Kelly

With property prices continuing to rise and the dream of home ownership drifting further away for many, today’s guest has a ground-breaking solution that could be the antidote for these growing issues… 

Please welcome Peter Kelly, Co-founder and CEO of Little Fish Development, project management specialists in property development!

He also hosts the Little Fish podcast, which shares inspiring stories about human strength and knowledge.   

With more than a decade of experience, his novel solution is:  

Dual Occupancy.  

So, what is this innovative solution, and what are the financial and legal requirements needed to make this dream a reality?     

We cover all of this and more in this week’s episode! Tune in now 😊   

 

Free Stuff Mentioned…

  • FREE WEBINAR: Unpacking the 2024 PIPA Survey – Insights and Implications for our Industry
    12:30 – 1:30 pm AEST, Thursday 19 September 2024   
    Ben is sitting down with Nicola McDougall, Chair of The Property Investment Professionals of Australia (PIPA), to unpack the surprising findings from its 2024 Sentiment Survey. Register now >>  
  • 2025 Summer Series is almost here, and we need YOU!
    Let’s make money talk the norm. Hop on the couch, share your journey to financial freedom, and help inspire others along the way. Got a story? Send it our way now >> 

 

Timestamps

  • 0:00 – Transform Your Backyard into Profit: A Simple Solution to the Housing Shortage – Chat with Peter Kelly 
  • 1:49 – Free PIPA webinar & 2025 Summer Series  
  • 3:33 – Mindset Minute: Reaping belongs to the Planters!! 
  • 6:46 – Welcome, Peter Kelly!  
  • 7:36 – Why champion dual occupancy?  
  • 8:54 – Money Story: “We lived by the sword and died by the sword.” 
  • 11:45 – The family move that transformed his life   
  • 14:05 – How Pete hit the ground running with his first job  
  • 16:47 – Baptism by Fire: From the tools to real estate  
  • 21:05 – The path to property development  
  • 24:04 – How he and his wife bought their nest egg  
  • 26:12 – Defining dual occupancy and its benefits  
  • 29:07 – What you should consider before investing in dual occupancy  
  • 31:34 – TREND ALERT: Owner occupiers and investors 
  • 33:54 – First 3 steps before foraying into dual occupancy 
  • 36:39 – The Resource of Mum and Dad: Could benefit aging parents?  
  • 38:41 – Let’s talk Legalities: Preventing things from going south 
  • 40:56 – A Common Tax Strategy: Avoiding stamp duty while getting into a better suburb!  
  • 44:52 – The Key to Mastering Site Selection 
  • 48:22 – Who does Dual Occupancy suit?  
  • 52:00 – There is no substitute for this…  
  • 56:38 – Fairfield Case Study: Can you turn your backyard into a profit?  

And… 

  • 1:09:50 – Wow, what a fantastic guest. Thank you, Pete!  
  • 1:11:44 – Lifehack: Listening to respond vs. Listening to understand  
  • 1:13:43 – WMPN: VIC’s 7.5% levy introduced & NSW recoups $9M from first home buyers who “gamed the system.” 

 

497 | Why NOT to Invest in Property Until 2036!

 

Seb and Bronnie (Note: Names have been changed for privacy) came to us with plans to invest in property but left with a completely unexpected strategy.  

Our advice: “DON’T invest in property until 2036”?! 😲🏡 

And in our second case study, Adam and Jacinta had a solid investment plan until an unexpected event changed everything.  

Despite Adam’s financial expertise and their three investment properties, he found himself saying, “I can’t work it out like I usually can.” So how did we help them navigate this change, free up cash, and still secure their dream family home?  

In today’s insightful episode, we’re sharing the stories of two real couples grappling with significant life decisions.  

Tune in to learn about the personalised plans we crafted for them, enabling each couple to achieve their dream home and lifestyle with the right strategy and sequencing. 

  

P.S. What’s the common thread in these case studies? The “new-age” misconception of Rentvesting. Listen now to find out if you’ve misunderstood it too! 

 

Free Stuff Mentioned

 

Timestamps

  • 0:00 – Why NOT to Invest in Property Until 2036! 
  • 1:28 – Bryce didn’t watch the game, THIS happened…  
  • 3:58 – Mindset Minute: Your alter ego can change your money story. Here’s how.   
  • 8:12 – Case Study 1: Is Rentvesting Just A Poster Child Strategy?  
  • 11:52 – The Problem: When the job clashes with your dream home!   
  • 13:43 – These folks have a strategic advantage in the property game…  
  • 16:05 – The $1.7M “pennydrop moment” that changed everything  
  • 18:27– The Solution: A Starter home?!  
  • 19:20 – Pure Vs. New-Age Rentvesting  
  • 22:17 – The Counterintuitive Strategy: Don’t buy until 2036!?  
  • 24:00 – Who does the tax system favour most? 
  • 26:43 – The Flow on Effect: 50% LVR on their dream home  
  • 28:40 – Why a Property Plan isn’t just about investment properties!  
  • 34:10 – Their Timeline & Outcome: $2,300 weekly in retirement  
  • 35:45 –  Internal Transformation: “They high-fived Amanda through the screen with excitement”   
  • 41:14 – Are we pro-rentvesting?  
  • 45:10 – Case Study 2: The Plan Curveball  
  • 46:22 – The Problem: “We need a plan we can stick to, but I can’t work it out like I usually can.”  
  • 51:17 – The borrowing capacity surprise  
  • 53:38 – Focus on the simple strategy!  
  • 54:22 – What’s the plan? Family homes, freeing up cash and investing later  
  • 56:28 – The Achievement: “Passive without the pressure”  

And…

  • 58:19 – Lifehack: Going through a tough time? Diary notes it for 30 days’ time.  
  • 1:00:38 – WMPN: CoreLogic’s May Results: Where are house prices across Australia?  

 

492 | The Hidden Cost of Get Rich Quick Schemes

 

What would you do if you worked 16-hour days on the road and were utterly exhausted the few days you were home? With a family to care for and a past of previous divorces, you’d probably want to change your lifestyle. 

But what if it’ll cost you $42,000 A YEAR? 

Or, what if you’d made the #1 biggest investing regret of your life in a get-rich-quick scheme and had lost half a million dollars?! How would you recover and get back on track towards a comfortable retirement  

In this Case Studies episode, we’re mapping out two plans for two couples (names have been changed for privacy 😊) whose stories testify to the fact that there is no one “right” way to invest in property. 

Psst – we bet you’ll be intrigued by the unexpected turn of events in Case Study #2. It’s a reminder that the path to financial freedom often involves tough reality checks to see new opportunities.   

It’s an inspirational episode that holds many cautionary tales, tune in now to avoid falling into the same traps!   

   

Free Stuff Mentioned

Timestamps

  • 0:00 – The Hidden Cost of Get Rich Quick Schemes 
  • 1:22 – Even the sun shines once 😉 and a message from Kurtis  
  • 5:23 – Thank you for all your feedback!  
  • 6:31 – The magic in “Sliding Door” moments  
  • 7:49 – Mindset Minute: Grant Mayo on how to figure out if you should buy it!  
  • 11:01 – Don’t listen to our pod if you love flashy cars 😉  
  • 12:43– Case Study #1: Not All Lifestyle Design Is Measured In Dollars 
  • 15:22 – The Problems: Past divorces and a $42K pay cut?! 
  • 18:43 – The Power of Automobile University  
  • 20:28 – Moorr: Brand-new insights to track the impact of your offset on your total debt levels! 
  • 22:04 – “Investing isn’t just for rich people” 
  • 24:09 – The Plan: How James will get his energy and life back while paying off the mortgage 
  • 29:04 – Buying for $600k in 2028: But why don’t they act NOW?  
  • 31:53 – Risk profiling, recency bias & the perfection solution  
  • 35:09 – The hard work behind the scenes  
  • 40:12 – Results & 5 key takeaways  
  • 43:34 – Case Study #2: The True Price of Get Rich Quick Schemes 
  • 46:07 – His #1 biggest investing regret  
  • 50:20 – They were unclear on THIS important knowledge  
  • 54:04 – The fears & their penny-drop moment 
  • 55:51 – The Plan Pivot: The dream home was not feasible?? 🙁  
  • 1:02:13 – “Sometimes healing comes from bringing the darkness into the light, in a place of trust”  
  • 1:04:02 – The Result: Debt free 2 years before retirement 
  • 1:09:26 – Is it time for your engine check?  
  • 1:11:19 – The Modest & Comfortable budget needed in retirement 

And… 

  • 1:13:32 – Lifehack: How much does it cost a day to blow $10K in a year?!  
  • 1:14:55WMPN:  46% of Commonwealth Bank’s customers in 2023 were from THIS generation 😮  

UNpacked: How to Retire on $2k per Week

Do you know what the number one trap is when it comes to money?

We’re not all playing the same game!

What does this mean?

 

In their 20+ years in the industry, Bryce & Ben often come across a common theme which is… “My friend/family invested in property via that strategy/location and was really successful, so I decided to do the same thing.

We might all have the same destination but bear in mind that how we get to this destination is different for everyone!

In this mini bonus episode, Bryce & Ben discuss our brand-new course “Unpacked: How to Retire on $2k per Week!

(More details on www.thepropertycouch.com.au/casestudy)

 

When it comes to our bestselling 2016 book The Armchair Guide to Property Investing, it is the case study chapter that often received the most feedback. Our readers love it!! The analysis, tables and charts have always been a popular hit. BUT one thing that they often requested for is…

The nitty gritty behind the modelling.

 

After all, there’s only so much you can see from table and charts on black and white printed paper.

And so, in a typical TPC fashion, we’ve taken their feedback to heart and are proud to announce that after months of work, our brand-new online course is now ready!!

This course discusses seven different scenarios (the book only covers six, but we threw in a bonus one for this course!), and how you can plan for a comfortable retirement no matter which “game” you are playing!

Each case study is around the 40-minute mark and covers more than what you can get from the book. And the best bit is… we’ve updated the variables and assumptions in the book to reflect current times!

Find out how everyday Aussies like yourself make $2,000 per week in passive income, whether you are:

  • A Rentvestor (Renter looking to invest in property)
  • DINKS (Double Income No Kids)
  • A Couple with Young Kids
  • An Older Couple with Older Kids
  • Empty Nesters
  • A Single Parent
  • (BONUS!) A Single Millennial with a Thirst for Travel

For only a few more days, this course will be available at a heavily reduced launch price of $97! After this, the price will go up, so you don’t want to miss out!

Get your hands on our brand new online course today at www.thepropertycouch.com.au/casestudy

 

 

 

465 | How This Family Can Afford their Year-Long Holiday While Building Their Portfolio

 

We’ve always said that property investing is a process not an event but…

How does one successfully match this process with ongoing family, life AND travel goals to achieve it all?!? 🏡🌟 

Folks, in today’s episode, we’re revealing how it’s possible through two real-life case studies!   

In our first case study, “Scratching the Itch”, we’re exploring how a young family who is looking to spend a memorable year travelling with their young ones can achieve this while continuing to work towards buying their forever home.  

 In the next case study, “Older Demographics Need Help Too!”, we chart the path that Linda, a 54-year-old Zookeeper can take to achieve her dream retirement without sacrificing her current lifestyle.  

We’ll be deep-diving into the problems and life-changing epiphanies each of these brave investors have had, along with the exact steps and plans we created to help each of them achieve it all.  

From the power of prioritisation to seeing what is possible, we’re highlighting the many advantages of seeking professional advice.  A seriously motivational and practical episode for all, give it a listen now!  

 

Free Stuff Mentioned

  • Scratch your itch! Make the invisible visible and understand your priorities by getting professional advice. Book a free no-obligation with our award-winning team here >> 
  • Sign up for PICA’s newest webinar with Nicola McDougall here >>   

 

Heres some of the gold we cover 

  • 0:00 – How This Family Can Afford their Year-Long Holiday While Building Their Portfolio   
  • 2:34 – PICA is having a new exciting webinar!  
  • 3:23 REVEALED: Our newest Case Study Series launch! 
  • 5:53 – Giveaways 🤗   
  • 9:24 – Calling all potential Summer Series Guests! Share your story here… 
  • 11:44 – Mindset Minute: Never be so foolish as to believe… 
  • 17:35 – Case Study #1: Scratching the Itch 
  • 19:16 – The scary external AND internal problems they were facing… 
  • 23:18 – It’s always better to trade on paper folks!  
  • 26:35 The Lifechanging Epiphanies + Plan 
  • 27:42 – THIS is how they took action!   
  • 34:47 – It’s all about understanding the trade-offs & priorities! 
  • 35:56 – The 2 Fundamental Levers  
  • 40:11 The end result: The achievement + transformation 😊  
  • 44:24 – Case Study #2: Older demographics need help too! 
  • 45:58 – The fears this Zookeeper was facing…  
  • 49:49 – What drove her to act?  
  • 50:32 – The 3 very different solutions she was presented!  
  • 52:35 One of the most important things to remember… 
  • 54:18 – Other factors we considered 😮  
  • 55:26 – The Winning Roadmap to Retirement! 
  • 57:35 – Let’s summarise…  
  • 59:20 – Folks, we’re so lucky (+ THIS is the best time to start)  
  • 1:00:37 – Scratch your itch. Have a conversation with our award-winning team >> 

And… 

  • 1:02:55 – Lifehack: How to finish ANY book!  
  • 1:04:07 – WMPN: Unexpected changes to vacancy rates and shifting markets…😮 

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