Asset Selection Archives - Page 6 of 39

382 | “Property Investors are Tired of Being the ATMs for the State!” – Chat with Antonia Mercorella

By The Property Couch March 17, 2022 in Podcast

Subscribe On Itunes Subscribe On Android

Queensland has been through A LOT folks.

With the 2022 floods estimated to cost $2.5B in damage and more than 5,000 homes inhabitable, in the words of today’s podcast guest Antonia Mercorella:

“We are facing a humanitarian crisis in Queensland”

Together, we’ll be unpacking the housing crisis that Queenslanders are waking up to every day, how this added demand will impact the states ALREADY struggling rental system…

AND how REIQ and Q Shelter’s “Help House a Queenslander” campaign can help with the ongoing housing crisis!

And if the name Antonia Mercorella sounds familiar to you – we’re proud to say it’s because she’s a returning guest from Episode 280!!

Antonia is not only the Chief Executive Officer at the Real Estate Institute of Queensland (REIQ), but she’s an accomplished CEO and solicitor with more than 20 years of experience across the real estate and property sectors!

But don’t get us wrong – when we say Queensland’s been through a lot, it’s not all bad!

We’ll be unpacking it from the top, starting with the pandemic when Brisbane’s property market was HOT, and exploring what lifestyle drivers push people to move interstate!

And let’s just say that Antonia makes a very convincing case to move to the Sunshine State 😉 (Hey, we’re halfway to packing our bags).

We’ll also be looking at the State Government’s announcement to potentially introduce land taxes and why it’s a terrible idea!!!

So if you’re interested in what this all means for the future of Queensland’s property market (and the wider Australian market), tune in now!!

Free Stuff Mentioned

Here’s what we cover…

2:18 – Life is all about choices folks!
3:24 – A quick update on what we’re watching…
7:10 – Welcome back Antonia!!
8:23 – Antonia’s money story: From immigrants to property investors
12:40 – The Italian culture and its impact on money values
20:45 – Why is Queensland’s market so heated?!
28:45 – How gentrification affects the future of a city!
30:22 – What is the future of Brisbane’s rental vacancies?
36:30 – “Property Investors are tired of being the ATMs for the State”: Why Antonia is against Queensland’s Land Tax!
43:56 – Why Ben is also against Queensland’s Land Tax!!
47:09 – When Victoria tried to introduce Land Tax (and how that ended up!)
50:38 – What life is like for flood-affected Queenslanders
54:10 – What does this mean for an ALREADY struggling rental system…
55:45 – REIQ and Q Shelter’s “Help House a Queenslander” campaign
58:59 – What does the Queensland market need to get out of this crisis?
1:01:03 – How will Queensland’s 2022 floods affect its future property market?
1:02:47 – Antonia’s predictions for housing demand in QLD
1:05:55 – How climate change is changing asset selection!

And…

1:10:45 – Bryce’s lifehack for greater productivity!!
1:12:19 – Is 2022 the Year of the Unit?
1:14:23 – All the single ladies (…are getting onto the property market!)

381 | Should I Continue Investing After 40?

By The Property Couch March 10, 2022 in Podcast, Q&A

Subscribe On Itunes Subscribe On Android

Do you know how to make your invisible finances….visible? Or what we mean by “the big rocks in the jar”?!

It’s been a while since we’ve done a Q&A Day folks, and boy we’re covering a lot of ground! We’re answering the questions above, and more, including…

Debunking the “too old to invest” mentality that many people fall into, WHY it doesn’t work…

AND how it leads to unfortunate statics, like how

73% of all Aussie property investors stop at one property, and 91% stop at 2!

Folks, we need to change this statistic which is why we’re exploring what our question-asker (and you) can do to avoid self-limiting action.

Bryce also lists some great examples of people who’ve only found success later in life; listen in if you need some inspiration.

PLUS, how you can use Capital Gains Tax (CGT) to best benefit you!

Yep. We’ve got 2 listeners interested in CGT in 2 VERY different ways…

We’re explaining what CGT is, clarifying whether it affects borrowed money and asset appreciation AND if it’s possible to dodge THE 6-year rule!!! (Don’t know what that is? Tune in to find out 😉)

We’re also hitting a huge pain point of Ben’s, related to why banks treat investors (over owner-occupiers) like second class citizens, and why it doesn’t make a lick of sense to us!

PLUS we discuss the floods on Australia’s east coast and its impacts on the property market. Our thoughts go out to all the people affected by this disaster ❤️.

Of course, since it’s a Q&A day there are tons more good stuff crammed in as well.

All questions are listed below folks – so tune in and enjoy!

p.s Remember to send us your tax questions BEFORE the season starts through the Speak Pipe widget found on The Property Couch website. (You’ll find it on the bottom right side!)

p.s.s Did we also mention if we answer your question in the upcoming podcast, you’ll get a free Start & Build course? 😉

Free Stuff Mentioned

Episode 379 | Why Time is the Secret Sauce?
Leave a Review on iTunes for your chance to Win a Start & Build Course!

The Questions We Answer

Anonymous on Regional Investing

“Hi Ben and Bryce,

Love your show and have finally hooked hubby into listening too! Question – We are both 41 years old, have a young family, and work full time. We have a mortgage on our principal place of residence in Sydney and have used our equity to purchase 2 properties in regional NSW over the last 2 years (in the same town of 65000 people).

Given we are early 40s and are keen to continue investing in regional NSW (needs to be somewhere hubby can get to and run repairs as he is handy) are we getting too old to have over two investments? Thanks!”

Riley on Loan Security/Captial Gains Tax on Principle Place of Residence

“G’day team,

I’m a rent-vestor that’s looking to purchase a home for myself in the next 6-12 months. I have enough equity in my investment property that I could feasibly loan against in order to generate a deposit.

My question relates to Capital Gains Tax. I understand that I can loan against equity to purchase another investment, however, am I able to loan against equity to purchase a home?

Will there be any capital gain associated with using the loaned money to purchase a PPR as opposed to another investment property?

I’ve been led to believe this is the case but haven’t been able to substantiate the claim through my own research. Any thoughts?”

Anonimous on Capital Gains Tax and the 6 Year Rule

“Can you tell me more about the 6-year rule?

I understand that if you rent out your primary residence for less than 6 years and move back into it then you don’t have to pay CGT when you sell.

Let’s say I buy a new house and rent out my current primary residence, can I move back and forth every 5 years between the two properties to avoid CGT when I want to sell one of them?

Sorry if you covered this in a past episode, I’m getting my way through the 400 or so episodes!”

Tomasz on Split Owner Occ loan to fund investment:

“Hi Guys,

Love the show, I wish I had found out about it from Day 1 as it would have lead me to follow the knowledge you have shared. Thanks in advance for answering this question.

I have a $400K Owner Occ loan with $200k available for redraw. I am planning to use approximately $150k of the redraw funds to purchase an investment property. My bank allows me to easily split this $400k loan into $250k/$150k splits. Do I have to change the $150k loan to an “investment loan”? Or can it stay as an Owner Occ loan?

I am confused as the interest for the $150K loan will be tax deductible but the security for this loan is still the house I live in. Further to this can you share any information relating to why Investment interests rates are higher than Owner Occ rates?”

Here’s some of the gold we cover…

0:48 – A catch up on Ben and Bryce’s social life since last week…
3:32 – Rob (Aka. Buggerlugs the boy) and family of Frank, Tracy, Layla & Elke [Kenny] cheers for the great reviews.
12:17 – How this lesson from the meat-packing industry can apply to…property?!
15:50 – Anonymous’ Question
16:06 – How old is too old??
17:08 – Don’t fall for these negative mentalities (Be more like Julia Child, Stan Lee and these other greats!)
22:23 – How can you make the “Invisible, visible” and stop limiting your portfolio to 2 properties!
27:26 – What do we mean by “the big rocks in the jar”??
28: 35 – Riley’s Question
29:22 – What is Capital Gains Tax?
30:22 – Why ______ does NOT affect asset appreciation or capital gains!
31:10 – Purpose NOT security folks
32:10 – The rule of thumb for deductibles…
33:18 – How you can ask us (and returning podcast guest Julia Hartman) your questions BEFORE tax season!
34:46 – Anonimous’ Question
35:15 – Why can you only have 1 current primary residence?
36:54 – Tomasz’s Question
37:59 – Why do banks treat investors like second class citizens?!
42:00 – When should you change your loan?
44:22 – Why Ben was called “That mortgage broker” by a politician…
46:20 – Bryce’s house reno lifehack!
48:30 – How will the floods affect Australia’s property market?
52:15 – Our future predictions for supply and demand in flood-affected areas
54:00 – Will insurance premiums go up?

380 | Is the Property Market Past its Peak?

By The Property Couch March 3, 2022 in Podcast

Subscribe On Itunes Subscribe On Android

With Australia’s housing boom slowing and interest rates on the horizon, folks it’s finally time to ask…

Is the property market past its peak?!

To help us answer this question we’re doing a deep data dive into CoreLogic’s Hedonic Home Value Index February report!

We’ll be unpacking the cycle just passed, its monthly and annual data, and what it means for our future…

But remember folks: We’re talking about the peak rate of growth!

While this means we probably won’t see the same level of growth in 2021, it does NOT mean you shouldn’t invest for the rest of the year!!

We’re also making some projections into 2022’s capital growth, breaking it down to the positives and negatives we expect to see in demand and supply.

You can expect us to cover everything from population movement to immigration, commuting to climate change and more!!

But before you go check out the podcast, we’ve got a special announcement…

IT’s OUR 7^th BIRTHDAY!

(Well, it was last week but time flies when you’re having fun 😉). A huge thank you to the Stig, our team, and all our listeners and contributors who make us what we are!

But back to the good stuff… this episode has loads of future predictions that could help you make the best decisions in 2022, so tune in now!

Free Stuff Mentioned

Read CoreLogic’s Hedonic Home Value Index February report here.
Episode 379 | Why Time is the Secret Sauce?

Here’s what we cover…

2:28 – It’s our birthday! (Well belated 😉) A big THANK YOU to all our listeners!
4:40 – Oldrentvestor aka. Jane, contact us for a free “Start & Build” course! You’ve warmed our hearts.
7:10 – Break the Cycle. Be the Change.
9:30 – What we saw over the past cycle (and what caused it!)
12:00 – 2 important indicators that investors should research
14:14 – Data diving into the numbers!
15:54 – Median house values have tipped over THIS mark in Sydney, Melbourne and Brisbane
17:05 – We’re seeing the ___ of the cycle! (In terms of RATE OF GROWTH)
18:15 – The Australian property market through the pandemic till now.
21:00 – What do we mean by markets within markets?
23:38 – Why Perth is in for an interesting ride…
24:50 – The ____ quartile has seen the greatest growth (And what this means!)
26:40 – What is Hobart’s income story?
28:00 – Just remember THIS when people are talking about debt!
28:55 – Looking forward to 2022 (In terms of future capital growth!)
29:46 – Demand negatives: The who, what, why and when of Population Movement
32:28 – The Affordability Story
35:00 – How Queensland’s floods are impacting property markets
36:40 – Demand positives: Immigration and home ownership
37:40 – The Government’s forecast for incoming travellers!
41:17 – As property prices slow, ____ will go higher
42:20 – Supply Positives: Cost to build, normalisation of markets and more!
44:55 – Why is Nimbyism good for capital growth?
46:35 – Supply Negatives: Commutable markets
51:00 – Remember it’s the long-term game folks!
51:33 – Our 2022 predictions
54:05 – Have you thought to use THIS as a portable phone stand?

379 | Why Time is the Secret Sauce?

By The Property Couch February 24, 2022 in Podcast

Subscribe On Itunes Subscribe On Android

FOLKS if you take away one thing, let it be that the secret sauce to investing is…

⏱⏰ TIME! ⏰⏱

That’s right! While playing the long game may be boring to some, we dive into why time is exactly what you need to achieve amazing returns. Don’t believe us?

Did you know that investing legend Warren Buffet accumulated 99% of his wealth after he turned 50?!

Yep. And to build on that, we’ll be unpacking some case studies that have achieved an 84% growth in their third decade and exploring the TRUE power of compounding.

In fact…

This ingredient is so important to property investing that we also did a Facebook LIVE session on this too, and today, we’ll also be uncovering some of the questions that YOU asked!

Here are the questions we answered…

From Julian Bradley
Pros v cons. Investing in $600k in an investment grade property vs. 2x $300 investment grade properties. What is the better strategy if looking to source BA’s?

From Brodiee Brodiee
When the property cycle is at the peak of the cycle and properties are generally overpriced, Is there another investment type/area that you recommend?

From Pete Fairley
Hey fellas. Pete from the Adelaide Hills here. Im a carpenter and just starting up my property portfolio. Thoughts on if I should look closer to home within half an hour so I can do maintenance/ renovations myself, or would something further away with a little more growth and set and forget it?

From Doug Slater
Love your work gents. Is it realistic to assume that property values could continue to rise 7% (on avg), over the long-long-term? I know past performance demonstrates this, but looking to the future, can wages continue to grow to enable this?!

From Patrick A.
I purchased an investment property (2br apartment) 10 years ago but has only achieved 5% annual growth with flat rental growth. Is it time to sell & reinvest into property with land, or continue to hold the apartment?

From Emanuel Bulli Camaj
Do you guys have a list of recommended brokers? Western Sydney if that helps.

Before we get to the best bits though, we’ve got a big announcement folks…

The Start & Build Course is 40% OFF this week!!

You’ve heard us talking about it for weeks and now it’s finally here! Our multimillion-dollar property portfolio building course that is designed for ANYONE at ANY stage in their investing journey!

Make sure to sign up to get lifetime access to:

👉 14 easy-to-understand training lessons
👉 12+ hours of learning
👉 40+ years of investing expertise
👉 9 bonuses including case studies, lifetime access to MyWealth Portal, a copy of our BEST-SELLING book “Make Money Simple Again”, AND MORE!

Still having doubts?

We’ve got a 365-Money-Back-Guarentee, so folks, you are risking nothing! You are, however, missing out on 40% off if you don’t sign up by 28/2/2022.

Claim your offer today at www.thepropertycouch.com.au/startandbuild!

Anyway, back to today’s episode….

Be sure to tune in folks, this one is FULL of wisdom bombs. 😉

Free Stuff Mentioned

Watch our FIRST 2022 Facebook LIVE session!!
Well folks, we’ve SOLD out for this MoneySMARTS Set Up session (Thank you everyone!) but for those who missed out, register your interest for our next session at thepropertycouch.com.au/moneysmartshelp

Here’s what we cover…

2:50 – Thanks for all the support on our MoneySMARTS Set up session! Click here to join the waitlist >
4:20 – How to start and build your portfolio right in 2022! (With 40% off for THIS week only!)
6:18 – Craig Fairbairn, Ariena Mac and Wilko91, contact us for a free Start & Build course! Cheers for leaving us a review folks
9:58 – Our first Facebook LIVE in 2022!
10:40 – Why THIS is the Secret Sauce to Property Investing (PLUS words of wisdom from industry greats!)
13:21- Which asset has made Ben the most money!
16:45 – TPC Exclusive 😉: When Ben plans to sell his assets
18:05 – Case Study #1 (How this property went from 600K to 4.5M!)
22:20 – Why you should hold for the long-term
23:10 – Bank the dollars not the _____!
23:30 – MORE factors which affect growth
27:55 – Q&A #1: Is it better to invest in more properties for less?
36:58 – A viewer’s response to this question
38:09 – Q&A #2: Dealing with peak property cycles and overpriced properties!
40:30 – The Probability Story
43:30 – Q&A #3 – Maintenance and Renovation vs. Setting and Forgetting
46:08 – Q&A #4 – Is 7% long-term growth realistic in the future?
48:50 – So..what’s driving demand in Australia?
51:05 – Where we predict “safe bet” property investments will be
51:23 – We need to remove THIS myth about wage growth
55:05 – The consequences of Government intervention…
57:09 – Q&A #5 – A list of recommended brokers
58:10 – The digitalisation of property investing
59:40 – Yep, we’re tooting our own horn – Empower Wealth had $1.1B worth of submissions?!

And

1:02:15 – A special discount to help YOU achieve a $2K passive income
1:03:39 – What is really relevant for buying in the future property market

360 | The XYZ of Property Pricing: Getting The Rules of Engagement Right

By The Property Couch October 14, 2021 in Podcast, Q&A

Subscribe On Itunes Subscribe On Android

Imagine this…

You found your ideal property in the perfect location. You’ve inspected it, you know exactly what the purchase price is going to be AND you’re pre-approved for that budget. You’ve spoken to the selling agent and is crystal clear with the vendor’s motivation. You negotiated some terms and put your best offer forward and BAM!! it got accepted right away. Happy days!

Unfortunately, it’s probably NOT going to happen in the current market.

When it comes to property prices, getting it exactly right would be perfect for buyers. But in a hot market, it’s very very hard for most buyers to nail it right away. Unless of course you’ve got a lot of spare time in your hand or you’ve engaged a professional to help you out. In today’s episode, we will share the XYZ of property pricing that our own buyer’s agent team are practicing and some of the tips that you can implement right away to get as close to the selling price as possible.

But… are you wondering if it’ll work in the current market and with all these new ways of transacting?

On top of that, with lockdown restrictions, how are you going to inspect properties and if you can’t, should you buy sight unseen?

That’s exactly what we are going to unpack today.

PLUS Bryce and Ben will also be addressing the big old Fixed Rate vs Variable Rate question. With the impending lending requirement changes (check it out in Ben’s RBA update), it’s probably best that you get your loan questions answered sooner rather than later!

Tune in now for the gold!

Q’s we answer further below 👇

Free Stuff Mentioned

Summer Series is around the corner and we’d like to hear from you! If you’ve gone through (or even going through) a financial transformation journey, let us know. We’d love to listen to your story! Simply fill in the form below or go to thepropertycouch.com.au/mystory
We are also looking for a few talented individuals to join our team! From a Journalist/Copywriter to an Associate Property Investment Advisor and more. If you’re interested, head to our Career Page here to learn more.

The Questions We Answer

Question from Mark about Buying in Covid Lockdowns

I’m currently looking for a home in Melbourne to live in.
Over the last month because of COVID you haven’t been able to inspect any properties however in the last month there’s been about four properties in the same suburb that have sold sight unseen for about $50 to $100,000 above asking price.
Is there any way you can explain this behaviour and give me any advice on how to could compete against these people.

Recommended episodes for Mark:

Question from Tracey about Best Questions to ask a Real Estate Agent

Hi Property Couch Team!
Thanks for the podcasts it’s really driven myself and hubby and has given us the confidence to buy investment property, so much now that we’re looking to buy a second one and this one I’m looking at the Gold Coast.
My question is I have a good handful of properties that I’m looking and interested in but they’re nearly all at auction and I live in northern New South Wales.
When contacting a real estate what are the the first best questions to ask when you can’t go to view the property and you wanna see if it’s in your price range.

Recommended episode for Tracey:

Question about Interest Rates – Fixing Your Loan before buying an IP

Hi guys, first of all thanks for the great podcasts. I’ve been listening for a little while and super inspired with all the informative information.
Just a quick question about interest rates and whether or not I should lock in an interest rate before planning to buy an investment property.
So I’m about to buy an investment property within three months. What are your thoughts on locking in a fixed interest rate today rather than waiting for three months?

Related episodes:

Question from Rhys about Buying Off the Plan and Co-Living Spaces

Good day Bryce and Benji, Rhys here I just want to ask two questions if that’s OK?
First question relates to property advisors/buyers agents. The guy who I’ve been recommended by a friend I’m a bit skeptical of because he doesn’t charge outright and so he takes Commission from the sale of properties and these properties tend to be building like off the plan from developers or builders.
Second question relates to this, he’s really big on co-living spaces, you know for young professionals or whatever, who are seeking out shared living space just because of the rental yield.
I’d love to hear your thoughts on this. I love your show guys thanks for that

Related episodes:

Main Menu

IT’s OUR 7^th BIRTHDAY!

And a quick summary on your Money Story!

Free Stuff Mentioned

Here’s what we cover…

Free Stuff Mentioned

The Questions We Answer

Here’s some of the gold we cover…

IT’s OUR 7th BIRTHDAY!

Free Stuff Mentioned

Here’s what we cover…

⏱⏰ TIME! ⏰⏱

Here are the questions we answered…

The Start & Build Course is 40% OFF this week!!

Free Stuff Mentioned

Here’s what we cover…

Free Stuff Mentioned

And a quick summary on your Money Story!

The Questions We Answer

Instagram

Free Resources

Footer

MONEY SMARTS SYSTEM

IT’s OUR 7^th BIRTHDAY!