546 | The Frankenstein Portfolio That Lost $159K—And How to Avoid It

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• Guests & Episodes Mentioned:  
  • 543 | How to Fix a Frankenstein Portfolio Before It’s Too Late

• Article from Ben’s “What’s Making Property News?
  • The average sum Australians will inherit and what to do with it

Timestamps  

• 0:00 – The Frankenstein Portfolio That Lost $159K—And How to Avoid It   
• 1:25 – More than 5,000 aspiring Australian households helped!  
• 7:54 – Want a free copy of How to Retire on $3,000 a Week?  
• 9:58 – Mindset Minute:  The gold in your cracks  
• 13:51 – Welcome, Dave!  
• 14:22 – Refresher: What is a Frankenstein Portfolio?  
• 17:37 – Case Study 1: Ryan & Claire (The Frankenstein Portfolio)  
• 18:28 – Why most folks do well selecting their PPORs  
• 20:41 – Property #1: Over a decade yet a decline of $150K? 🙁  
• 24:16 – Why Rental Guarantees are one of the biggest red flags to run from   
• 26:24 – Property #2: A repeat unit offender 
• 29:22 – Property #3: The market they jumped into too late  
• 31:25 – The development block project: Interest rates & reno plans  
• 36:01 – Why did they seek help?  
• 37:04 – Fixing their Frankenstein portfolio  
• 41:45 – Boring vs. “Exciting” property plans  
• 44:49 – Case Study 2: Steve & Elisa (The “Needs Work” Portfolio)  
• 45:48 – Property #1: The high volume game  
• 48:22– Property #2: No science in the asset selection 
• 49:49 – Property #3: The Tassie house they bought at the peak of the cycle  
• 51:55 – Growing the family home: What properties should they keep or sell?  
• 54:35 – Should they buy a new home or redevelop their PPOR?  
• 56:40 – “Planning is not just about your next investment property”  
• 59:04 – Case Study 3: Mark & Tracey (The Successful Portfolio) 
• 1:02:03 – What a calm, strategic plan looks like!  
• 1:04:05 – “If you want adrenaline, go bungee jumping. If you’re investing, it should be boring.”  
• 1:06:37 – Wrap up: Similarities & Red Flags (And how to avoid them!

And… 

• 1:09:35 – Why boring is the goal!  
• 1:11:03 – Dedicated to Ben’s father-in-law  
• 1:12:38 – Life By Design hack: The #1 parenting skill we forget: Listening. 
• 1:17:09 – WMPN: The average Aussie inheritance