X
The Property Couch Logo

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

By 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  

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 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

 

 

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

By 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.

 

 

 

322 | When Wild Money Management Finally Gets Tamed! – Chat with Kellie

By in Podcast, Real life stories, Summer Series

Subscribe On Itunes Subscribe On Android

Three Words… Wild. Money. Management.

Three more words… But. not. anymore!!!

 

Our Summer Series continues and today we are interviewing listener Kellie…

We’ve gotta hand it to her… not only did Kellie USED TO have some seriously wild money management going on…

Eg… Did someone say SEVENTEEN BANK ACCOUNTS OPEN!!??!!

… Kellie is an absolute free spirit in her own right, and her energy & enthusiasm is ABSOLUTELY CONTAGIOUS!!

Seriously. You’ll wish the podcast wasn’t audio just so you could be in the same room as her to get a dose of that amazing energy!! Don’t worry though, it’ll totally come through your headphones and we promise you this…you’ll be smiling from ear to ear!

To give you an idea… she had us laughing our heads off…so whoever said money management and financial transformation wasn’t fun, clearly had NOT heard this episode!

Strap yourself in folks, ‘cos you’re about to meet Kellie…

… and she’s going to deliver the hard and fast facts of her life that’ll have you giggling…

… if only ‘cos she says aloud what a lot of us are secretly thinking about our money habits…

You’ll enjoy this one.. we know we certainly did!

Tune in now to hear just how wild Kellie’s money management used to be… and what she did to tame it 😉

 

Free Stuff Mentioned…

 

What We Talk About…

  • 01:44 – Meet Kellie!
  • 02:01 – What was money like when Kellie grew up?
  • 02:58 – What a pair of runners taught her about money!
  • 04:29 – Was money spoken about at home?
  • 05:54 – “Mum’s Tip” to get kids out of home and into their own!
  • 06:41 – How to furnish an entire house for less than $200!
  • 07:43 – The Potato Farmer who changed everything!
  • 09:10 – What did she first do with her money?
  • 09:38 – Managing money while living a Gypsy Life…!
  • 10:24 – Living pay check to pay check
  • 10:54 – The secret to getting everything you want in life!
  • 12:55 – The bank account story (there was “at least” seventeen!)
  • 13:25 – What did Money SMARTS drastically change?
  • 15:08 – Whoops! The credit card…
  • 16:23 – How did she pay off the debt?
  • 18:48 – Tip for your kid’s bank accounts!
  • 20:58 – What was the catalyst for change?
  • 21:59 – Flipping their investment property…
  • 22:22 – Getting a Plan done… (And a QPIA’s reaction to flipping property!)
  • 24:39 – What did she think of Make Money Simple Again?
  • 25:25 – When seventeen accounts becomes ONE…
  • 27:34 – How long did it take to work out the “right” 7-day float?
  • 29:00 – How much time has she saved since using Money SMARTS?
  • 30:41 – How an investment-savvy mortgage broker helped!
  • 31:03 – Why is Kellie wanting to FLIP property?
  • 31:49 – The difference between advice and lending a hand…
  • 33:09 – A VERY IMPORTANT reminder about flipping property…
  • 33:50 – Horror flip stories ☹
  • 36:03 –  What’s the best way to empower people on their own money journey?
  • 38:13 – How to use Money SMARTS without a Credit Card
  • 40:44 – Why don’t they do the monthly check up?
  • 41:09 – How does she work out her irregular spend then?s
  • 42:07 – What’s life like when you have Financial Peace?
  • 43:20 – Monopoly in Real Life: How Kellie is now teaching her kids about money
  • 44:40 – Wild money management & 30-Page Statements!

 

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 Kellie?

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

Already have an account? Log in here.

 

 

 

320 | Are those Qantas Points Really Worth It?! The True Cost of Your Money Habits – Chat with Megan

By in Podcast, Real life stories, Summer Series

Subscribe On Itunes Subscribe On Android

Using a credit card to earn Qantas Points… is it even worth it?!

Folks, joining us today is listener Megan – and not only is she going to help us answer this exact question (… just wait ‘til you hear the reason it came up in the first place!), she is also living proof that your money backstory does NOT have to be your financial destiny!

This is a financial transformation no one should miss – we cover a LOT of ground, including… a backstory of Financial Hardship, learning the hard way about bad debt, setting new money habits, investing as a parent… you name it!

Megan was an absolute joy to interview and is extremely generous and transparent when it comes to sharing the truth of her story so others can benefit from it.

Highly recommend this one, folks!

And, yep, it might make you think twice about how you use a credit card!

 

Free Stuff Mentioned…

 

Here’s What We Cover…

  • 03:12 – Megan’s Money backstory!
  • 04:54 – Was it simply inferred that money was “tight” growing up?
  • 06:53 – Money differences between siblings…
  • 08:04 – Money differences between partners…
  • 10:52 – Using the same bank account from the age of 6!
  • 12:41 – How to have separate living and lifestyle accounts for each partner
  • 14:45 – Things to remember when comparing yourself to your friends
  • 15:56 – Who takes the lead on the finances?
  • 16:27 – Where does the “Why” come from?
  • 17:41 – When credit card debt spirals out of control…
  • 19:07 – How did she pay off all that debt so quickly
  • 20:15 – Techniques and tips to remove bad debt
  • 20:35 – Before Money SMARTS!
  • 20:44 – How much did they spend on going out for dinner?!
  • 20:50 – After Money SMARTS!
  • 25:25 – #1 Tip so you DON’T have to keep transferring money back and forth!
  • 26:11 – Are those Qantas points really worth it?
  • 28:33 – How is Megan running her provisionings?
  • 29:32 – Why was Money STRETCH so important for Megan and her partner?
  • 34:07 – When the mindset goes backwards…
  • 39:07 – The benefits of the MyWealth Portal
  • 41:27 – How many icy poles is too many icy poles? 🤣
  • 43:30 – The power of setting a long term goal/s for yourself…
  • 44:33 – How did they upgrade their home?
  • 46:43 – Considerations for a PPOR that will eventually be turned into an investment property
  • 50:05 – The importance of diversifying your portfolio!
  • 51:14 – Understanding the timing of our ABCD pillars of Mastery
  • 50:54 – What does Megan want you to know about Money SMARTS?
  • 58:28 – GREAT take home message!

 

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 Megan?

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

Already have an account? Log in here.

 

 

 

Instagram

Free Resources

What to be notified when there are
new updates & free resources?

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

© The Property Couch. All Rights Reserved | Terms & Conditions | Privacy | Who Designed This Website?

×

MONEY SMARTS SYSTEM

  • The Best Money Management System Ever!
  • Worrying About Money is a Thing of the Past
  • Don’t “Unconsciously” Overspend Ever Again

Plus We Will Also Notify You When We Release New Episodes

We Only Send You Awesome Stuff

×

SUGGEST A GUEST!

We Only Send You Awesome Stuff

×