Loan Structure Archives - Page 10 of 12

55 | Investment savvy mortgage broker and why interest rate is not king?

By The Property Couch March 17, 2016 in Podcast

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The last time we did a podcast on finding a mortgage broker was in Episode 43. We’ve received a lot of feedback after that episode on what kind of questions the borrower should ask to determine if the broker they are speaking to is investment savvy and if there are any websites that sort of serve as a directory.

So this time around, our hosts will be sharing a framework to help you understand the difference between a banker and an investment savvy mortgage broker. They will also be focusing on the differences between lenders and things to look out for between the lenders. Lastly, they’ll discuss the all time question on, “Why is interest rate NOT king?”.

Free resources:
– Watch Ben on The Today Show here
– Money Magazine’s March 2016 Cover Story
– Money SMARTS System – Listen here

If you like this podcast: “Investment savvy mortgage broker and why interest rate is not king?”, 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/

054 | Q&A – Entry into the property investment market, debt reduction and investing in house and land packages

By The Property Couch March 10, 2016 in Podcast, Q&A

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It’s Q&A time! This week on The Property Couch, Bryce Holdaway and Ben Kingsley will be answering the questions below from our fellow listeners. Thanks again for submitting your questions!

Entry into the property investment market question from Aaron: Hi guys! could you possibly talk about entry into the property investment market? Specifically how much money you need? I have some money sitting in a term deposit but I have heard that you need more like $40,000 before you can even look at starting out. If that’s true, then I need to keep saving. But I keep thinking to myself “what if its better to start investing that money into cheaper property so that you can start investing sooner rather than later”. How much money should people have before starting?

Debt reduction questions from Marty: I have just finished the new book and found the content informative and practical. I do however find myself grasping for answers about debt pay down in the practical section. How does the graph move to a zero debt position on IOnly loans? I would like some more detail on this area as it’s probably the missing link for me in the whole process. In case study three a couple with surplus annual income of 36k Pays 1,000,000 in principle in 10 years with IO loans. The property selections are not high yielding so I’d expect the cash flow to be only just positive even at year 15. Am I missing something?

Debt reduction questions from Mitch: Hey guys. Love your podcasts and your book. Just a quick question about paying down debt to start receiving passive income. In your book you say to set up all loans to interest only, if I want to retire off passive income at the age of 40 how do I pay down debt without selling any properties and without access to my superannuation?

House and land packages question from Rob: Hi Guys, love the podcast – I’m an avid listener and after finding you, went back to Ep 1 and went through them all. I’m just about to place an order on the book… Fundamental Question: Is a house and land package always a bad investment, or are there situations it can work as an investment property?

If you like this Q&A episode (Entry into the property investment market, debt reduction and investing in house and land packages), don’t forget to rate us at our iTunes channel (The Property Couch Podcast) and our Facebook page. Any questions or ideas? Feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/

49 | Possibility of an out-of-cycle rate rise and media commentaries on the Property Market

By The Property Couch February 4, 2016 in Podcast, Q&A

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The Governor and Reserve Bank has decided to keep interest on hold at 2% in the cash rate announcement this month. But will there be another out-of-cycle rate rise by the lenders? We’ve seen it last year where interest rates on residential loans were raised but what are the chances that it’ll happen again this year? Bryce and Ben talks about this in today’s episode. They will also be talking about the recent hype in media commentaries regarding the Australian Property Market.

Not to forget our promise for the Summer Series, these are the Q&As for today’s podcast:

Loan question from Ben on Facebook: Read a book that outlined the kitty loan system. I was wondering what Ben and Bryce’s opinion on using this system was and whether it truly works or not. The book indicated to let the amount accrue over a period of time, but I’m not sure what bank and what type of loan allows you to do this?
Expat investment question from Glenn: I am an Aussie expat living in Dubai and looking to invest back home. I have been told to look at property investments that provide a loss for tax purposes so I can benefit when I return. Any information on how I can invest or what would benefit me from overseas would be interesting to hear about. Is the tax benefits the most important issue for me or should I just be looking for growth that will then outweigh any taxes I have to pay. I hope that makes sense. I have enjoyed your podcasts thus far and have now purchased your book.

RBA has kept the interest rates on hold this month but what are the chances for an out-of-cycle rate rise from the lenders?

If you like this podcast: “Possibility of an out-of-cycle rate rise and media commentaries on the Property Market”, 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/

044 | Q&A – Building cash reserve, Next-door suburbs, Property professionals, Offset accounts, Buying at a premium, How to be a BA & Renovating for Profit

By The Property Couch December 31, 2015 in Podcast, Q&A

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For the last episode of 2015 and as promised for our Summer Series, we will be going through quite a few questions! Bryce Holdaway and Ben Kingsley will be answering the questions below from our fellow listeners. It’s going to a full on one so sit tight! 🙂 :

Building cash reserve question from Maria : Can you please discuss how to build cash reserve buffers into your property investment plan, and the options for funding unexpected large expenses like medical expenses and family needing financial assistance.

Investing on the suburb next-door questions from Peter : Is investing in a lower priced residential suburb surrounded by higher value median suburbs a good investment strategy? With hope that property you’ve invested in will eventually go up in price? Granted that suburb also has all the necessary amenities close by such as public transport, schools, small shops etc.

Property professionals question from Josie : I have been listening to your podcasts which I find really interesting and informative. I am really interested in buying an investment property and am currently looking at the best way for me to do this. I am currently talking with my finance adviser and accountant to establish the best way to do this, ie, through a self managed super fund or using my own home which I own as capital. As you mentioned in your pod cast, are these the right people to get property advice from. Would appreciate your thoughts

Loan structure question from Mark: Love the podcast and have been a loyal listener since the first few episodes. My partner and I have recently purchased our first new home and are considering putting our loan repayments to interest only and banking the money we would be paying off the principal in an offset account. We want to get an investment property and start building a portfolio and see this as a way of saving money quickly. What do you guys think?
Investment strategy question from Rick: Over the years, I have been advised to buy in quality, blue chip and desirable areas with a proven growth history which aligns to Empower Wealth’s strategy. The downside is that it is priced at a premium and the cash flow is usually poor which hampers an investor’s ability to build their asset base until the rental income improves.
Becoming a Buyers Agent question from Daniel: What does one need to do, to become a buyers agent? What schooling/qualifications are needed to become one?
Renovating for profit question from Sylwia: Hi there, I am looking to get into renovating for profit in the nearest future. I am at the stage of educating myself and would love to hear from you Gents about renovating for profit as an investment strategy: renovating to rent vs renovating to sell, buying the right property at the right price, good sources of information, dangers and traps of renovating as a strategy, property “flipping” e.t.c. I look forward to hearing you point of view on this topic.

Free resources mentioned in this podcast:

Episode 17: Who’s your personal banker?
Episode 23: Exit Strategy in Property Investment
Episode 33: Q&A – Investing with Equity, First Home Buyers Tips, Buy-Reconstruct-Sell Strategy and Leasing to Relatives

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. Any questions or ideas? Feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/

043 | How to Choose a Mortgage Broker Wisely?

By The Property Couch December 24, 2015 in Podcast

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Merry Christmas! It’s the first Christmas on The Property Couch and Bryce and Ben is definitely in a festive mood. In this podcast they will be sharing some of their stories on mortgage brokers and what role do they play in building a property portfolio.

We’ve spoken about this before in Episode 17 where we talked about the concept of a Personal Banker. In this episode, we’ll list out the criteria to look for when you are thinking about including a mortgage broker into your property team. Yes, it does need to be an investment savvy broker but what else? Bryce and Ben will also be discussing about why loan structure and a sound finance strategy is crucial.

We will also be answering this question from Andrew:
Hi guys, loving the podcast. You’ve talked in past episodes about what to look out for when choosing to engage a property manager for your investment property. Could you discuss how you would go about selecting a mortgage broker? I have utilised the services of mortgage brokers in the past and have found that many of them are purely transactional and only use the big 4 lenders.

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

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