Investor mindset Archives - Page 34 of 48

208 | Tom Panos – Making MORE Money While You Sleep in 2019

By The Property Couch January 1, 2019 in Podcast, Summer Series

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Happy New Year Folks!!

And what better way to kick off the FIRST DAY of 2019 than with a brand new episode on our Summer Series??!! Not to mention, we’re also dropping the secret of how YOU can make more money in this year!

To help us welcome in your year of wealth is Tom Panos, Real estate coach, trainer and Founder of Real Esta te Gym who has been an active property investor for the past 25 years!

If you missed his earlier episode on the Couch — Episode 120 | Secret to Making Money While You Sleep —then it might pay to know that Tom’s also the co-host of the Million Dollar Agent podcast, Real Estate Advertising Director for News Corp and is one of Sydney’s leading Real Estate Auctioneers, as well as being a sought-after keynote for the Real Estate industry.

Oh, and just to add a bit more icing to the cake, Tom wakes up at 5am just so he can bring his best to life every single day. (With the shadow of New Year’s Eve still under most of our eyes, the discipline of this might feel MUCH more real, huh??)

In a nutshell: Tom knows his stuff. And he knows how to be the best at it.

So if you’re feeling a bit fragile today, all good, chuck in your headphones (maybe grab a glass of water on your way through), and just chill out. We’ve done the hard work for you 😉

What can you expect to learn?

What’s Tom’s conclusion of the property market in 2018?
What happened to property investors during this time?
And what happened to the prized, investment grade assets? Why?
How much of a price correction in house prices have we seen in Sydney?
Why have we seen a ‘manufactured correction’?
What makes up the “5 ticks” of recognising a good property?
What is highlighted perhaps now more than ever?
What takes a property from “average” to “red hot”?
What will buyers ALWAYS compete for?
Where are the opportunities to invest in 2019?
What opportunities exist in Sydney?
Have we hit the bottom of the Sydney market?
Why is this a GREAT TIME if you’re a first home buyer, upgrader or investor?
How can you maximise these opportunities?
Why can understanding human behaviour help an investor?
How can you understand scarcity in property investment?
What does Tom look for in houses?
Are there benefits to investing in a block of units, instead of just one?
What do you need to keep in mind about the unit market?
What happens in the property market when there’s an election period?
Why shouldn’t you hold off buying?
Is it a good idea to buy after Australia Day?
When should you buy?
Realistically, how can you find the bottom of the market???
What’s Tom’s advice to family and friends during this time?
What does he think of negative gearing?

Missed our earlier episodes in The Summer Series?

DOWNLOAD our Free Binge Guide Here – The First 20 Episodes

This 80-odd page document is the vault containing all the foundational tips and insights you need to be a successful investor.
Want a Free Copy of The Golden Highlights? You can get it here.

205 | Jack Henderson – Expelled at 15 and 3 Properties by 22

By The Property Couch December 20, 2018 in Podcast, Real life stories, Summer Series

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As part of our brand new Summer Series, we put a request out there to see if any of our Couch Tribe were interested in sharing their story… the result? Today’s guest!!!

Folks, our very own listener, Jack Henderson, is here to explain his own property investment journey and how he’s managed to go — yep! — from being expelled at 15 to owning THREE properties by the impressive age of 22!!

The million dollar question is… how did he do it?

Let’s here the story straight from our star guest, shall we?

Before we get into the ripper of a story, just a quick shout out to say…

“Good on ya’ Jack! Thank you for sharing your incredible journey and your numbers with us!”

Seriously folks, it’s awesome that many of our listeners were quick to put their hand up and pass their knowledge on to help other folks out there!! So just a heads up… You can expect a few more guest listeners coming up in the Summer Series 😉

Also, if you’re keen to be an “everyday investor” and haven’t listened to our fundamental episodes yet (these episodes are CRUCIAL), or you simply want to have them at your fingertips in written form, make sure you Download the Golden Highlights.

DOWNLOAD our Free Binge Guide Here – The First 20 Episodes

This 80-odd page document is the vault containing all the foundational tips and insights you need to be a successful investor.
Want a Free Copy of The Golden Highlights? You can get it here.

Here’s Jack’s Story & the lessons and the takeaways…

Okay, so why did he get expelled??
What did he do once he left school?
What started the property journey so young?
Where his parents financially successful?
Why property over shares?
Was it hard to part with his deposit for his first property?
How old was he when he purchased his first property?
How much is that property worth now?
Is the gap between the rent and paying off the mortgage worth it?
Why invest in a blue-chip investment grade asset?
Who did he get his mentorship from? (Hint: You can listen to his interview here)
How long did it take to buy property #2?
And how much was it?
How did the scarcity factor play a role in his selection?
How long has his property in Coogee been unlet?
What’s the end game?
What do we think about “debt servicing debt” as a strategy?
Does Jack use our Money SMARTS system
What are some tips to trap even more surplus cash?
How many hours per year does it take Jack to manage his portfolio?

AND…

What is Jack’s #1 tip???

Pssst… missed the first episode of our Summer Series? Check out our interview with Peter Koulizos here.

204 | Peter Koulizos – What he’d like to do about Negative Gearing?

By The Property Couch December 18, 2018 in Podcast, Summer Series

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Folks it’s time to rip out the straw hat, grab your sunnies and chuck on your thongs… because TODAY IS THE FIRST DAY OF OUR SUMMER SERIES!!

Which means this: 2 Episodes of The Property Couch each week — Tuesday and Thursday — kicking off RIGHT NOW all the way until Thursday 31^st January! Yep. That’s 7 unstoppable weeks of nothing but the best guests, double time!

And joining us for our first ever episode of the season to dive into the implications of the proposed changes to Negative gearing is none other than the Property Professor himself… Peter Koulizos! If you recognise the name, that’s not only because Peter is an industry expert who has been in the property education space for a very, very long time, he’s also sat on the Couch a couple times already!! We spoke to him about gentrification way back in Episode 30 and then again in Episode 47!!

Although he likely doesn’t need an introduction, we’ll clear up that, yes, aside from being a hands-on property investor himself, Peter specialises in property valuation and economics and holds a teaching degree, a Graduate Diploma in Property and a Masters of Business (Property). He lectures in Property Investment for Tafe SA, Uni SA and other property education courses all over the country. And he’s done all this for over a decade. Not to mention, the Property Professor also took over the reins from Ben as Chairman of Property Investment Professionals of Australia (PIPA)!

So, let’s bring out the Summer cocktail and kick off the conversation shall we?!

Before we throw down the beach towel, don’t forget…

DOWNLOAD our Free Binge Guide Here – The First 20 Episodes

This 80-odd page document is the vault containing all the foundational tips and insights you need to be a successful investor.
Want a Free Copy of The Golden Highlights? You can get it here.

Here’s the lowdown on Negative Gearing…

What are the biggest observations that have come out of 2018?
What are the ramifications of these observations?
What are the common questions people are asking Peter Koulizos?
Let’s talk about it… Negative Gearing and why it won’t work!!
What happens if you discourage people from buying property?
Should you still invest in property if the Negative Gearing Changes happen?
How are Off the Plan properties going to fare if Negative Gearing is introduced?
And how much of these properties make up the total market? (Spoiler: it’s not much!)
And why will rents likely rise?
How did the Negative Gearing Policy come about in the first place? And why is it no longer needed?
What can we do instead of changing Negative Gearing laws?
How can the Shared Equity Scheme help? What is it?
Why is Adelaide a great city to invest?
What do you need to consider when investing in Adelaide? How’s this different to investing in Melbourne?
Why is it important for a property investor to remain unemotional?
How long can we expect the credit crunch to last?
And how can you navigate the Credit Crunch?
Which loans are easier to get?
Are you affected by the bad property market news or the good news? (“You’ll be laughing” if you do this)
Why is Peter seeing an increase in seminar attendees now?
What’s the #1 thing property investors don’t realise, but should??
Why doesn’t developing 1 property into 2 always end in profit?
What do Mum and Dad Developers need to know?
What’s the biggest hurdle in property development?
Why might the council reject your development?
How is Peter helping kids get onto the property ladder?
How can you help stop negative gearing changes?
What’s the “top down approach” when researching property?

AND….

What’s Peter’s final word for property investors for 2019???

Quote of The Show…

No one ever said, “My Great Australian Dream is to make the banks more money.”
– Ben

203 | How to Choose the Right Property Manager – Chat with Lauren Robinson

By The Property Couch December 14, 2018 in Podcast

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Folks if there’s one thing a property investor wants… it’s to make sure that their asset is taken care of!

And an invaluable way to do this is to make sure you have quality tenants who will respect your property and obviously pay their rent on time. But you also need the assurance that (touch wood) if the worst case scenario were to play out, you’d have someone on your side to protect you and your asset and, importantly, hold the right person accountable.

…. This is where having the right property manager can make all the difference!!

So how do you spot the right property manager? And what are the traits that separate the good from great??

Joining us today — for her debut on The Property Couch — is Lauren Robinson, Founder of RentalResults, a specialist property management business based in Brisbane, author of Rented and a successful property investor (commercial and residential) in her own right. With over 15 years’ experience in the property management industry, having won Property Manager of the Year in 2017, and buying her first property way back when she was 22, Lauren is quite the guest to cover today’s topic!

Before we crack open the lid and dive into the gold, just a quick shout out that our Summer Series starts THIS COMING TUESDAY (18^th of December). Yep, that IS a Tuesday!

What’s our Summer Series??

Folks, the festive season just got a whole lot more fun with TWO EPISODES PER WEEK, featuring nothing but the BEST guests… some of which include our very own tribe of #TPC listeners!!!

Here’s the deal…

From 18^th December – 31^st January the Couch is coming to you TWICE a week on Tuesday and Thursday!

DOWNLOAD our Free Binge Guide Here – The First 20 Episodes

As mentioned on today’s show, don’t forget to pick up your Free Copy of the Golden Highlights. This 80-odd page document is the vault containing all the foundational tips and insights you need to be a successful investor.
You can get it here.

Also, we’ll be featuring on the Today Show on Channel 9 THIS Saturday 15^th December @ approx. 8:30am, so make sure you turn on the telly on if you’re up and about 🙂

What will you learn today?

Why did Lauren start investing in property?
What was it like being a first home buyer at 22?
How did she narrowly avoid investing in Off the Plan?
How much has she made on that first property?
What are the considerations of investing in Brisbane?
What’s the “North vs the South” view in Brisbane?
How did she get into Property Management?
Why go with a specialist property manager instead of just a listing agent?
What do property managers pass on to landlords?
How does Lauren run her internal work flows?
How can a landlord maximise chances at getting a good tenant?
Does Lauren manage her own property? Why/Why not?
How important is landlord insurance?
What’s the most common claim?
What are the major issues you see with a tenancy?
What does Lauren think about the Victorian Tenancy Changes?
What are the problems that Lauren has seen with pets?
When does the vacating period start?
What are some of the costs that could come out of a tenants bond?
If you buy an investment property that already has tenants living in it, what are the contractual agreements?

Want more episodes on this topic? Check out these….

Episode 031 (Part 1) | Story of an Investor and Lessons Learnt along the Way – Chat with Carolyn Wright

Episode 082 | Q&A – Great tenants vs higher rents, Investing in property overseas, Managing leverage and more

Episode 189 | Q & A – Vic Residential Tenancy Changes and “Legoland” in a Good Location

201 | Money Lessons for Kids

By The Property Couch December 6, 2018 in Podcast

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Today’s show is a special shout out to our parent-folk out there (and for those who might one day be one)! Heck, if you just want some foundation money management tips, you’ll find some golden nuggets here too!

What we’re about to unpacked is a framework-stacked episode featuring THE Money Lessons for Kids — more specifically, how to teach your kids about money! Because, let’s face it, money makes the world go ‘round… so if our young folk aren’t given a proper head start as to how it all works, their futures will be impacted. It really is as simple and as straightforward as that.

So, how do you work out when and how to teach them?

Well, with 2 young boys each, we’ve asked ourselves the same thing. We get it — trying to run a household, manage your own money AND make sure your kids grow up to be respectable, decent and bright humans is no easy task. Adding to that the necessity of teaching them about money so that they can, not only survive in the big wide world but actually thrive in it… well, even we could do with some insights!

That’s what we want to give YOU today (if you’ve got more tips to teach our own kids too, we’d love to know!)…

Before plunge into the murky waters of Money & Kids 101, here are a few bits of housekeeping and the free resources we mention in today’s show…

Upcoming Facebook LIVE, 12 PM (AEDT), Monday, 10th December – Join here
ASIC’s MoneySmart Website – Teaching kids about money
Ben’s Cash Rate Video – RBA Dec 2018 Announcement – Trade Wars & Stock Market Corrections
Tim Ferris’ Interview with LeBron James – Tune in here
The Power of Vulnerability by Brene Brown – Watch here
CoreLogics Housing Report – Click here to check out the Monthly Reports
Australia’s GDP Report for the September Quarter – Check it out on ABS
The Golden Highlights – CLICK HERE for the gold in our first foundational 20 episodes

Oh, and because kids learn A LOT just by watching what you do (so the way you manage your own money really matters), here’s a shameless plug for our new book, Make Money Simple Again!

As Bryce mentioned, his TV show Escape from the City premiers on the 3^rd of January 2018! So make sure you spare some time between the cricket to check it out! Just a heads up, he’ll personally be appearing on the show a few weeks later on the 31^st January 😉

Here’s what you’ll learn from today’s episode…

How’s the economy right now?
Will we have a recession (seriously)?
How is Donald Trump influencing the broader economy?
Why will the results of the Christmas period have an impact on the economy?
Is pocket money a good idea for kids?
If so, what is a good age to introduce this?
How do Ben and Jane teach their kids about Money?
How do Bryce and Andrea teach their kids about Money?
What’s likely to happen with money in the future?
In “cashless” society, how do you navigate the real value of money?
And how will this influence what you teach your kids?
What age could you start talking about investing in property?
Are “school banks” a good idea?
How can you influence long term behaviour?
What should you introduce kids to when they’re in preschool?
What are some ideas you can do at primary school age?
When do you start talking about opportunity cost?
At what age can you start to introduce the concept of “shopping around”?
What happens if you and your partner don’t agree?
What’s a tip to compare prices?
What are some money tips to survive Christmas?
How can you introduce good money habits in high school?
When do you start talking about the power of compounding?
How old was Ben when he bought his first shares?
Money Management Tips!
How can you explain delayed gratification to kids?

Happy New Year Folks!!

Missed our earlier episodes in The Summer Series?

As part of our brand new Summer Series, we put a request out there to see if any of our Couch Tribe were interested in sharing their story… the result? Today’s guest!!!

Here’s Jack’s Story & the lessons and the takeaways…

What is Jack’s #1 tip???

Folks it’s time to rip out the straw hat, grab your sunnies and chuck on your thongs… because TODAY IS THE FIRST DAY OF OUR SUMMER SERIES!!

Here’s the lowdown on Negative Gearing…

What’s Peter’s final word for property investors for 2019???

Quote of The Show…

What’s our Summer Series??

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