Investor mindset Archives - Page 40 of 48

152 | Bad News for The Australian Property Market

By The Property Couch December 28, 2017 in Podcast

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We’re sorry to bring you Bad News while you’re on holidays.

Unfortunately, we have heard some negative talk out there and, well, we think it’s best you know. So, today’s podcast is a little on the “doom and gloom” side, we’re afraid.

We’re talking about the correction in the market. We’ve all seen the property prices in Sydney come down a bit, and we’ve all heard (perhaps too much) about the Bubble…. Is today the day it finally burst?

A longtime listener from Singapore, Saxton, left us a rather distressing voicemail message:

“I want to ask you about the article that was published by Matt Barrie the CEO of freelancer in Australia where he painted a very negative and bleak future about Australia’s future prospects and described the Australian property market as a bubble built upon a bubble, built upon a bubble; namely mining and commodities. Anyway, it’s a long article and I would love to hear your negation on some of his gloomy outlook and why property is still a good bet moving forward.”

If you’ve read the article… you’ll know it’s pretty bleak. Also what’s interesting is that Matt Barrie isn’t a property expert — note that his business has nothing to do with property — and on social media channels he is, which makes sense, an “influencer”. And influencers are good at doing just that.

But, at the end of the day everyone is entitled to an opinion.

More importantly, who is right?

What’s about to unfold:

Are the conditions that precede a bubble “popping” finally here?
What happens if the market drops 30%?
What is money and wealth built on?
What are the biggest banks LVR and why does this matter?
How is Australia’s lending system differ from the rest of the world?
Is Australia’s economic climate stable?
What is “short selling”?
How can you tell when an agenda is influencing an opinion?
Why do we keep going on about supply and demand?
What is “irrational exuberance” and why is contributing to the bad news?
Why is now (perhaps more than ever) time to look back at your property fundamentals?
Is interest rate the King in all of this?
What’s the future of the Australian Property Market?
What do you need to start telling people today?

Full disclosure: Here’s the link to the article. Please decide for yourself 🙂

P.S. Should Ben do the Life Hack from now???

149 | Money Tips to Survive this Christmas

By The Property Couch December 7, 2017 in Podcast

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It’s beginning to look a lot like…… Spending!

That’s right, folks. Christmas is just around the corner, and let’s face it: it’s an expensive time of the year for all of us.

So we thought we’d share some money management tips so you avoid filling the stocking with all your hard earned cash. We’ve also taken apart the latest CBA Report, which explains some alarming spending habits that you and a whole lot of Australian’s are doing in December.

Plus, we’ve got a ripper SURPRISE FOR OUR 150^TH EPISODE next week. Yep — not only is The Stig opening, closing and Life Hack-ing the show (thanks to your Movember donations, woot woot) — but also, we have a SERIOUSLY EXCITING GUEST ON!!! It’s someone we’ve been trying to get on for a loooooong time.

Want to find out who it is?

You’ll find out in today’s episode!!! (After all, we’re in the festive spirit.)

*****Also, stay tuned to the end and you’ll bear witness to Ben’s truly ridiculous Did You Know?*****

So, what are we on about today?

How can you use our Money Management System in the lead up to Christmas?
What date in December do Aussie’s spend the most? (Hint: it’s not Christmas Eve.)
Seriously, how much is it costing you?
What is the Number One thing that we ALWAYS do with our credit card?
How should you be managing your credit card?
What should the limit be on your credit card?
Should you buy in-store or online?
Can you MAKE money at Christmas?
How should you be managing your money this time of the year?
What can you do to avoid stretching your investing budget?
Could you do Ben’s Savings Tip……………..?

Final Movember Tally: $11,533

If you donated and haven’t given us your address yet, please email us at [email protected]

P.S. Don’t forget: next week’s 150^th Episode!!!!!!!!!!!!!

P.P.S. And here’s the link to the Dirty Santa’s Rules!

146 | 10 Reasons Why You’re NOT Rich Yet

By The Property Couch November 16, 2017 in Podcast

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Happy Podcast Day folks! Aside from growing our moustaches for Movember, this week we’ve also been growing a ripper episode for you **drum roll please** …

Today, we’re giving you the 10 Reasons Why You’re Not Rich Yet!!!

(Now, we’ll be honest, we’re not huge fans of the word “rich” — we prefer the term ‘financially free’, but you get the gist.)

So why haven’t you got the money you thought you’d have by now? When is the suitcase of cash finally going to land at your feet? Is it something you might be doing/not doing?

Yep, this one just might make you have a long, hard look at yourself (in a nurturing way, of course). Because there are TEN reasons — a few of which you might be doing now — that are blocking your shot at financial freedom.

Speaking of finances, if you help us donate to Movember with a $25 donation or more we will give you a FREE SIGNED COPY OF OUR BEST SELLER BOOK! Yep, we’ll cover the cost of the postage and, guess what … The book’s worth more than $25. AND donations above $2 are tax deductible! 3 wins. You, a good cause and us MoBros!!

How do you do it?

Go to our Mo’s Team Page here and donate $25 or more.
Once you’ve done it, let us know by commenting on this Facebook Post here.
We’ll send you the book. Easy!

AND if we hit our target of raising $5,000 for Movember, Ben has promised to create a FREE WEBINAR on Working Out Your Retirement Gap! But we need to hit the $5,000 mark to make him prioritise this. Remember, it’s for a great cause (and you get to see the guys look ridiculous for another 2 weeks)!

Alright, where’s the money at? (What you can expect in today’s show.)

The mistake Bryce made in his twenties, which you might be making now
Is there more to wealth than never spending?
The power of compounding right now
Why you shouldn’t just budget for it.
How to get the best out of a Buyers Agent so they make you more money
The choices rich people make that you can make too
Why the moving parts of your cash flow have a lot to do with it
How long will it take until you’re rich?
What can you learn from Roger Federer and Qantas?
Can you get rich just by thinking about it?
The balancing act you need to master
The bad advice you’re listening to that’s stealing your money!
How do wealthy people think about debt?

Remember: Money’s not everything. And you can experience huge wealth in helping others! Donate to Movember here.

141 | Success Leaves Clues: How Do You Compare to Australia’s Most Sophisticated Investors?

By The Property Couch October 12, 2017 in Podcast

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Alright folks, Episode 141 has landed! And today Ben is sliding on his “PIPA” Chairman top hat. Why?

Because PIPA’s Annual Investor Sentiment Survey is out! And the boys are going through these factual insights so you can see what the most successful investors are doing, thinking and learning, right now!!

So what’s PIPA?

If you’re a recent Coucher, you might not know that the Property Investment Professionals of Australia (PIPA) is the peak association for businesses that operate in the property investment space. In other words: PIPA makes sure that professionals in the industry are, well, professional.

PIPA has developed a Code of Conduct (read it here) that their members MUST operate under. It’s a framework that, ultimately, makes sure clients come first — and aren’t misled from unsuspecting property spruikers!

What can you expect to learn from Australia’s sophisticated investors?

Is now a good time to invest in residential property?
What type of property are the majority of investor’s buying?
What state capital currently offers the best investment prospects?
What is the exit strategy should you consider adopting?
Should you be worried about the banks raising their interest rates?
Where is the most appealing place to buy right now?
How long should you expect your property to be negatively geared for?
Should the “bubble” stop you from investing?
Is there a need for regulation?
Is it possible to become a sophisticated investor on your own?

And of course, if you are interested in the report, here are the links!

Summary | PIPA Sentiment Survey Results – Download here
Full Details | PIPA Sentiment Survey Results – Download here

For Bryce’s cover story on the Money Magazine? Get a copy here or at a newsagent/supermarket near you.

Just joined the podcast, here’s the Money SMARTS Checklist that Bryce mentioned on the show! Download here.

140 | Everything you need to know about Styling for Profit – Chat with Sara and Amy Chamberlain from The Real Estate Stylist

By The Property Couch October 5, 2017 in Podcast

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It’s about time we talk about selling a property! So today, we lift the standard with not only one, but two Property Stylists extraordinaire to share with us everything we need to know about styling for profit.

Want to add $50,000 – $300,000 to your property? Sara and Amy Chamberlain, owners of the successful styling company The Real Estate Stylist (TRES), are here to explain how it’s done.

Originally from Wagga Wagga, these sisters are making a serious return on investment for their clients, transforming an empty property into a buyer’s oasis in five weeks. Styling 300+ properties every year (1300 since TRES’s inception), these women are specialists in styling a space to make a killing at auction, focusing on buyer demographics, market specifics and a super-human level of detail. Sara and Amy have styled the properties of Rebecca Judd and previous TPC guests, Josh and Jenna from The Block and regularly feature on realestate.com.au as well.

Passionate about real estate, style and business, Sara and Amy chat with the boys about:

How did they get into the world of property styling?
What is a property stylist (and how is it different from an interior designer)?
Why a professionally styled property make such a difference to its value?
What happens behind the scenes in property styling? (Is it all glamour?)
What’s the process of engaging a property stylist and things to consider.
Styling 101 — what can you do yourself?
What does owner-occupier appeal and styling have in common?
What time frame should you be looking at if you want to get a property stylist in?
Who should view the property first: a stylist or a real estate agent?
Do they style for the market audience? How?
What is the “Cuppa Tea Test”?
Does property styling works better in an auction or private sale environment?
What are the smells you never thought mattered?
Should you get rid of those family photos?
What should you do with great tenants before you get a stylist in?
When will a stylist not make a difference?
What happens post-purchase?
What are the business (entrepreneurial) tips you need to know?

Click here for Tres’s Instagram (it’s pretty great!)

And here’s the case studies mentioned on the show: TRES’s Statistics

So what’s PIPA?

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