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436 | Warning! Don’t Fall For THESE Mortgage Myths

By in Podcast, Property Investment

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Last week we sat down with one of our Mortgage Brokers and well, they shared a client’s story which completely shattered our hearts and became the driver behind today’s show….

You see, this client had fallen for a common but sadly misguided lending myth which resulted in her losing THOUSANDS of dollars…😮🙁   

That’s why, in this episode, we’ve switched things up to become Ben and Bryce, your Mortgage MythBusters!!  

From debunking the 8 most common mortgage myths to unpacking where these misconceptions came from, we’ll be sorting fact from fiction as we determine which myths are tales of caution to heed, and which are just misinformed opinions.  

 And yes, we DO actually share the horror story which was the motivator of today’s show – tune in to 50:03 to hear what happens when bankers dish out the wrong advice  😞😭  

Seriously folks, avoid falling into the same lending mistakes and find out the truth in today’s episode.  

Tune in now or watch the episode below 😊  >>

Free Stuff Mentioned… 

 

Want to work with Bryce & Ben’s Award-Winning Team? 

 

Here’s some of the gold we cover… 

  • 0:00 – What’s in store today 
  • 1:28 – One of us is 100% over the footy talk 😉  
  • 3:54 – The books Ben reckons will become classics!  
  • 4:36 – Mindset Minute: “Your results are largely a by-product of your….”  
  • 6:56 – Are you MoneyFIT? (aka. are you turning your flywheel?)  
  • 10:43 – Myth 1  
  • 11:00 – Ben’s Answer + why!  
  • 13:27 – And THIS is why it’s a myth in the first place.  
  • 16:33 – Myth 2 
  • 15:44 – The truth about businesses 🤯 
  • 20:17 – Consider these factors if you’re thinking of starting a small business…  
  • 24:09 – Myth 3  
  • 24:25 – This comes from an old legacy (and how it’s really done today!)  
  • 27:33 – Myth 4 
  • 27:44 – The Tough Reality (Ben gives you a demo of what brokers hear every day 😉)  
  • 32:46 – Myth 5 
  • 33:00 – Just 3 words folks: Lead. Generation. Tools!!!  
  • 36:39 – Content marketing, digital fingerprints and how to find reliable readings  40:12 – Myth 6 
  • 40:21 – The method traditional lenders use to conduct their assessments!  
  • 41:50 – Is there a way around this?  
  • 44:28 – Myth 7  
  • 45:01 – How a loan becomes polluted!  
  • 50:03 – A true and tragic case study🙁  
  • 54:52 – Myth 8 
  • 56:41 – Private Lenders: Would we recommend it?!  
  • 59:49 – Let’s Recap 

And… 

 

Get Moorr out of your money:
Log in or create your free account via the Moorr web platform, or download the app on Apple and Android and transform the way you view and track your wealth. 

 

TPC Summer Series 2022/23 is HERE!

By in Case Study, Free Resources

It’s finally here folks.

It’s the time of the year we’ve all been waiting for (that’s almost better than Christmas 😉).

Today we’re kickstarting our 2022-23 Summer Series!!!  

And boy do we have a FANTASTIC lineup of guests for our 5th Summer Series, each with their own absolutely amazing, jaw-dropping stories which are all about this year’s theme… 

What Drove You To Act! 

Inspired by the crux in every movie.

The inspirational light bulb moment.

The Penny Drop “A-ha” moment.

These are the pivotal moments that every successful investor has faced on their investing journey.   

From their origin story to their darkest-before-dawn moments to their “rising from the ashes”, this year’s Summer Series is one you DON’T want to miss folks… 

 

Here are all the episodes! (P.S. if the link is not available, that’s because the episode is not out yet 😉) 

 

P.S. And if you’d like to see an accurate snapshot of your money story and financial position, we’ve just released Moorr the App!! Take your great money habits with you wherever you go and stay focused on your Lifestyle By Design.

Check it out in the Apple store here or on Google Play here for Android users. Or, if you’d like to view it in a web browser, log in or create your FREE Moorr account here to get started!

 

414 | How This Couple Is Smashing Procrastination & Retiring Early

By in Case Study, Podcast

One of the biggest derailers for any investor is…

Procrastination. 😱 

So how can you avoid falling into this trap?!   

Folks this week we’re back with another super-exciting, real Case Study about Annabelle & Jamie (Pstt – These are fake names!).  

A couple in their late 30s, they’ve spent the past 5 years procrastinating their life’s dream of building a property portfolio and moving from the bustling city of Sydney to the laidback coast of Byron Bay Hinterland. 

Overwhelmed with the number of options and their lack of knowledge, sadly, they believed that this dream has passed them by. 🙁 

Tune in now to discover the sequencing that Annabelle & Jamie can take to still make this dream a reality, and the frameworks and property plan that’ll stop them from falling into the procrastination trap (or from making more costly mistakes) ever again!  

A crazy-but-true episode that highlights the power of planning, taking action and smashing procrastination!

Listen now to see how this couple can achieve all of this while setting themselves up for a $120K passive income AND an early retirement!  

 

P.S. Keen to find out how you can build your optimal property portfolio too??  
Book a free, no–obligation consultation with our award-winning team of Property Investment Advisors here (and avoid falling into the procrastination trap!)  

 

 

Free Stuff Mentioned… 

 

Want to work with Bryce & Ben’s Award-Winning Team? 

 

Here’s some of the gold we cover… 

  • 0:00 – The gold today! 
  • 1:51 – Next we’ll be seeing a mini-budget… 
  • 3:38 – Have you got a compelling story? Share it with us in our 2022/23 Summer Series! 
  • 5:36 – A lot of financial debates are actually just people with different T_m_ H_ri_o_s!  
  • 8:56 – Today’s Case Study: Annabelle & Jamie 
  • 11:51 – Why this isn’t a “money map” it’s a LIFE map folks!  
  • 12:59 – They decided to get help because… 
  • 15:15 – These are the problems we’re trying to solve!  
  • 16:41 – Folks, time horizons are key!!  
  • 17:57 – Why a plan is important for time-poor professionals! 
  • 19:50 – Why we’ve taken a conservative approach!!  
  • 21:29 – The Big-Ticket Items  
  • 22:08 – This is why it’s CRITICAL to get your sequencing in order!!  
  • 22:41 – Their Low LVR and High Incomes are allowing them to… 
  • 24:01 – The First Asset: Trading out of the Big City to the Country
  • 26:30 – Why we don’t model over 7.5%!  
  • 27:44 – If you’re buying period homes, make sure you have this… 
  • 28:58 – …And this is why we didn’t recommend an asset further out!  
  • 30:49 – One Year Later: An Accelerator Asset (Why is it optional?!?)  
  • 34:15 – Expanding the family & smelling the roses!
  • 36:50 – How they’re retiring 9 years before they get super!  
  • 38:40 – The Hidden Derailer For MANY Investors!! 
  • 40:20 – The real value you get when you have a plan!  
  • 44:42 – This is why they’re a LUCKY couple… 
  • 46:50 – We always think it’ll be different THIS time folks…. 
  • 49:43 – What defence do they have?!  
  • 50:57 – During accumulation phase, this is actually your biggest asset!  
  • 52:40 – The Golden Frameworks  
  • 54:25 – The Outcome Of This Plan (aka. The benefits they’ll be reaping!)  

And… 

  • 57:45 – This is why you should always leave a buffer!  
  • 1:01:04 – An announcement for our Moorr Users!  
  • 1:01:46 – Auction Clearance Rates: Good news on the horizon?? 
  • 1:04:03 – Why we need to stop spending folks… 
  • 1:04:57 – Today’s Buffer Rate = Mortgage Prison!  

 

TPC Summer Series 2021/22 has landed!!

By in Case Study, Free Resources

Do you know what it’s like growing up where money is scarce?
Do you know what it’s like to be stung by a spruiker?
Do you know what it’s like to recover from PTSD?
Do you know what it’s like to be a single parent?
Do you know what it’s like to own up to your mistakes and change? 

 

Maybe you do or you don’t but why does it even matter?  

That’s because…. 

The first episode of our Summer Series is OUT today folks!! 

And that means… we’re showcasing REAL LIFE MONEY TRANFSORMATIONS all throughout this summer season! 

This is our 4th year of Summer Series and we get very very excited each time because not only do we get to chat directly with our listeners, we get to learn so much from their life transformation. From the adversity that life threw at them, the mistakes that they’ve made, the perseverance that they’ve shown, the tenacity to be better and just so much more.  

Their story is so insightful and motivating that we’re certain that you would definitely learn at least one gold from each of them. 

And this year is no different. 

Here are all the episode folks!
(Note: if you click on it and the link is not available, that’s because the episode is not out yet 😉)

 

P.S. And of course, don’t forget to download our free e-book at https://makemoneysimpleagain.com.au/

p.p.s. And if you’re a visual person and like to see a snapshot of your financial position, then make sure to create your free account in our Money SMARTS Platform or fill in the form below and get started now!

Already have an account? Log in here.

 

 

 

 

 

CASE STUDY: How to Break into the Property Market?

By in Case Study, Free Resources

Folks, the last time we unpacked a case study on the podcast was back in Episode 64 on 19th of May 2016. (WHAT?!!!)

So… you can imagine how excited we were with this case study, can’t you?

The answer is…  VERY!!!

 

We’ve been planning for this case study for weeks (whilst recording for the Summer Series too in fact) and there’s just so many moving parts when it comes to the variables and cashflow modelling. It’s simply not possible to explain it in an audio environment.

So we thought…

Let’s make sure we prepare this as a free downloadable for our community! 😊


  • Are you also interested to have a better understanding of your cashflow position via our FREE Money SMARTS Platform?

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p.s. To help you understand it a little bit more, make sure to tune in to Episode 366 | How to Break into the Property Market?. Fast forward to the 46:39 minute mark and you’ll get to play along at home. And of course, if you prefer a written copy instead, we’ve also added a rough transcript in the report. (Stiggy got you covered!)

 

 

 

 

 

 

 

 

 

 

 

 

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