041 | The Moving Parts of Cash Flow Management (Money & Wealth Accumulation Model)

By The Property Couch December 10, 2015 in Podcast

Subscribe On Itunes Subscribe On Android

This week on The Property Couch, Bryce and Ben discuss the moving parts of a cash flow management strategy.

As compared to Episode 3 (Four Pillars of Mastery – Cash Flow Management) where we talked about the flow of money, this episode is mainly about the Money and Wealth Accumulation Model. It includes the variables and assumptions to consider when modelling sophisticated wealth outcomes.

As this topic can be fairly detailed, we strongly recommend you have the diagram open while listening to this episode.

We will also be answering this question from Bradden:

You often refer to paying down debt during your talks as a means of creating passive income. Is there a strategy of paying down debt on your rental properties? Is it just as simple as paying P&I? Do you only start paying down debt once you have finished your accumulation phase? Does this only happen when you start to sell one of your properties? I’m interested in hearing your thoughts on paying down debt. P.S. Ben’s not a bad bloke for a Collingwood supporter.

This topic is also discussed in Part Three (Section 10) of our book The Armchair Guide to Property Investing. For those who have the book, you can also refer to page 219 for additional reference.

Free resources mentioned in this episode

Money & Wealth Accumulation Model Fact Sheet – Download here
Part Three (Section 10) of the book – Order a copy here

If you enjoyed this episode, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. Any questions or ideas? Feel free to drop us your thoughts here: https://thepropertycouch.com.au/topics/

Money Magazine: Earn $55k a year in rental income

By The Property Couch September 17, 2015 in Free Resources, Property Investment

The highly anticipated Money Magazine cover story is here! Thanks to all you who have expressed their interests to download this article. As mentioned in previous podcasts, Bryce and the team at Empower Wealth are thrilled to contribute to this article. As the title “Earn $55k a year in rental income” suggested, this article explains how you can retire on a passive income from a well-designed property portfolio. There are three scenarios mentioned in this article:

Early 30s, single, renting and doesn’t own any properties
Early 40s couple with two young children and their own home
Late 40s, divorcee with a working teenager and her own home

Click on the image to download now. Once you’ve read it, let us know what you think or if you have any questions!

022 | Q&A – Building & Pest Inspection, Rentvesting and Next Wage Growth Hotspot

By The Property Couch July 31, 2015 in Hot Market Tips, Podcast, Q&A

Its Questions and Answers time! Thanks for all the suggestions on new topics to cover in this podcast. For today’s episode, Bryce Holdaway and Ben Kingsley will be addressing questions from:

Building and Pest Inspection question from Mark : How do I find a good quality building and pest inspector and with the property market being so hot with auctions at the moment, how do I ensure I don’t burn through my deposit money when constantly missing out at auctions? I could end up wasting thousands on inspections until I actually win at auction! Should I try doing it myself and find a friend or family member with some building knowledge or use one of the smartphone apps?
Rentvesting question from Ryan : What are your thoughts on the property investor him or herself to buy and live in their own PPR or to rent? Obviously both have advantages, a place to call home or the ability to keep investing with out loosing potential borrowing capacity.
Next Wage Growth Hotspot from David : As mentioned on previous podcasts, investors will want to avoid “glass ceilings” in terms of capped wage growth in certain areas. Given the changing Australian economy (more knowledge-based), are there particular areas of Australia in which you expect to see wage growth occurring?

If you would like to access The Property Couch’s media kit, please email us here: [email protected].

Resources mentioned in this podcast:

If you like this Q&A episode, don’t forget to rate us at our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/

016 (Part 1) | The 5 Essential Steps to Property Investing in Australia

By The Property Couch June 19, 2015 in Podcast, Property Investment

Subscribe On Itunes Subscribe On Android

Folks, we think Australia’s school curriculum should include money management and smart investing…

In fact, we believe so strongly that Aussies need MORE property education, that we’re expanding from our “Four Pillars of Mastery” series…

(Haven’t listened? You can check it out here!)

…into the first part of our “5 Essential Steps to Property Investing in Australia” framework!!

Yep, that’s right folks, we’re giving you yet another free framework that’ll guide you on your professional investing journey!

Today we’re covering the first 3 steps…

Clarify (Understanding your personal financial story, and your properties’ potential)
Evaluate (This is the art of understanding your cash flow – basically, crunching those numbers)
Plan (Putting a written plan into place)

We’re breaking down each section and explaining how you can achieve it, with insider tips that we’ve learned over the past 40 years!

We’ll also be unpacking the Microscope Challenge and listing some real-life examples in action. Tune in now to upgrade your knowledge! 💃

P.S Make sure you check out the simulator that Ben mentions in this podcast, it’ll seriously help you to achieve these three steps!

P.P.S Continue to >> Part 2 of 5 Essential Steps to Property Investing in Australia

Free Stuff Mentioned

Just starting your property investing journey? Check out our FREE Binge Guide to the Foundations of Property, Finance and Money Management, which show you which episodes you need to understand the basics!

Here’s what it looks like inside!!

What to expect in this 90-page cheat sheet?

The foundational knowledge from each of the first 20 episodes
The absolute GOLD that you should not miss out on!
Quotes from Bryce and Ben that will make all the difference
Links to all the free resources that they mention in the episodes
Additional bonuses that will help you in further understanding the fundamentals
And of course…charts and graphs that you can’t find on the podcast!

Interested? Fill in the form below and we’ll email it to you right away.

Here’s some of the gold we cover…

0:55 – This 80-year-old has an interesting story….
3:50 – Why you should start listening to The Property Couch from the start!
5:12 – What we aim to do through this podcast…
7:00 – People spend THOUSANDS on this (and we’re giving it to you for free!!)
7:52 – The Microscope Challenge property investors face
8:57 – The smart ones know THIS
10:00 – Lesson #1: CLARIFY
12:00 – Begin with the _____ in mind!
13:35 – Lesson #2: EVALUATE
14:00 – The art of understanding…
15:45 – Why our simulator is so beneficial
16:27 – The 3 areas your money MUST cover…
16:57 – Real life case study: Should we invest or buy a family home?
18:11 – Lesson #3: PLAN
19:00 – Why you should RUN if a property investment advisor asks you “Have you set up a self-managed super fund?”
19:35 – An interesting commentary on “solving” property spruikers…

Special Note:

Looking for a Qualified Property Investment Advisor (QPIA)? Use the Search Function on the PIPA Website here or get in touch with us!

Our parent company Empower Wealth is a PIPA Member, and all our advisors are QPIAs who are very capable of building a unique and tailored Property Portfolio Plan just for you. You can learn more about our free and no-obligations initial consultation here.

013 | Q&A – Buy an Investment Property and Continue Renting OR Buy a Home?

By The Property Couch May 29, 2015 in Podcast, Q&A

Subscribe On Itunes Subscribe On Android

Right off the bat folks, a big THANK YOU to our listeners for all the questions they’ve sent in!

We’re excited to be answering a BUNCH of great questions in our FIRST EVER Q&A session!

We’ll be covering a lot of ground; from the crucial conversations you should be having before making ANY decisions to the type of research and data that’ll help you determine the best options for you. 📈

We’re also sharing our thoughts on the Government’s policies when it comes to negative and positive gearing, and explaining why removing negative gearing is a terrible idea!

Once again thank you to everyone who has submitted a question! We’re glad this podcast has inspired you and we had tons of fun recording this episode.

Listen in now folks; plenty of gold to help you make the right decisions…

P.S. In the future we are hoping to answer ALL of your questions, so please keep sending them in!

The Questions

Dan and Ryan:

“Should we buy an investment property in a high growth location and keep renting, or move a bit further out and get something we can afford?”

Leah:

“Do you think the tax rules around negative gearing will change in the future, so as not to benefit those investing in multiple properties and how do you diversify your portfolio?”

Mark:

“How do you identify high disposable income suburbs and if you’re buying in a block of units, how do you work out if there are more owner-occupiers than renters in the building and area? Also, what do you think about dual living homes i.e. granny flats?”

Free Stuff Mentioned

Just starting your property investing journey? Check out our FREE Binge Guide to the Foundations of Property, Finance and Money Management, which covers all the episodes you need to understand the basics! Or fill in the form below and we’ll email it to you right away!

First Name *

Last Name *

Email *

Tick this box to sign up for marketing and other free materials such as videos, calculators, reports and more – you can unsubscribe at any time.

Here’s some of the gold we cover…

0:37 – Dan and Ryan’s question
2:15 – What you need to analyse first!
4:00 – Why you SHOULD consider renting in a lifestyle location
5:25 – The conversation you need to have…
6:21 – Leah’s question
7:07 – The fundamentals of gearing
8:35 – What we predict for the future of negative gearing policy…
9:10 – How the Government gets its revenue
9:42 – Our questions to the Government on positive gearing tax
10:35 – Why removing negative gearing doesn’t work!
12:50 – How do you diversify your portfolio?
15:03 – Mark’s question
15:45 – Where and how you can find the income story!
17:00 – Why you should focus on small blocks
18:29 – ALL the data we use
20:00 – When is it best to have a granny flat?
21:23 – Some gold from Bryce!

Free resources mentioned in this episode

Free Stuff Mentioned

Here’s what it looks like inside!!

What to expect in this 90-page cheat sheet?

Here’s some of the gold we cover…

The Questions

Free Stuff Mentioned

Here’s some of the gold we cover…

Instagram

Free Resources

Footer

MONEY SMARTS SYSTEM