X

Episode 334 | Bernard Salt: The BIG Shift In Australian Property!

If you listen to just one episode, please make it this one!

Folks, today we are chatting with one of our very own virtual mentors (of all time!)… BERNARD SALT!!

Yep. You’ve probably heard us talking about Bernard on the podcast before – indeed, he has formed a lot of our own views about where the demand for property is heading.

In a nutshell: if there is one person on earth who deeply understands the intricacies of Australians and what drives people 1) to this country, and 2) to make specific property and lifestyle decisions, it is this man!

(And if you know these insights… you’ll begin to see where the property price increases are likely to occur, right?!!)

It obviously goes without saying that over the decades we’ve absolutely read and reread (and dog-eared the pages) of Bernard’s highly-regarded book (just one of many) called “The Big Shift”.

Yep. Big Guest.

Bernard Salt is widely regarded as one of Australia’s leading social commentators by business, the media and the broader community. He draws on a range of data sets to interpret social change now into the future. He argues that social and cultural change are powerful forces that are reshaping the way we live, the way we work and even how we form relationships. He was awarded the Member of the Order of Australia (AM) in the 2017 Australia Day Honours and was a partner of KPMG until his retirement in June 2017, and still acts as a special advisor to the firm. Between 2011 and 2019 he was an adjunct professor at Curtin University Business School.

Now Bernard is the Managing Director of The Demographics Group, and he writes weekly columns for The Australian that deal with social, generational and demographic matters.

Essentially… Bernard is the Go-To Guru on how statistics tell human stories and what the data suggests about key future trends!

Tune in now – ripper episode, folks! 🤸‍♂️

 

 

Free Stuff Mentioned

 

Here’s What We Cover…

 

 

 

Episode 326 | How To Win In A HOT Property Market (Part 2) – The Step-By-Step Process!

Part 2 of “The Step-By-Step Process To Win In A HOT Property Market” is HERE…

… and today’s episode is all about two things:

  1. The SEARCH for the property…
  2. The DUE-DILLEGENCE around the search and the finance (lending) for that property!

Folks, as we mentioned last week in Part 1 of this 3-part mini-series… we are in a HOT property market – listings are TIGHT.

Properties are selling in the blink of an eye.

And pretty much every major and secondary market across the country is SMOKIN’…

… so if you’re a property buyer playing in “The Big Wave”, it’s vital you educate yourself so you stay in front of the curb (while NOT getting swept up in FOMO) – this way, you can ultimately enjoy the ride and, yep, the fruits of your smart efforts!

We’ll be unpacking quite a bit in this episode, and you’ll be getting plenty of tips on how to conduct your search to find an investment-grade property (incl. what WE personally and professionally do and look for!)… and let you in on “The Top 3 Deal Does” and “Top 3 Deal Breakers” in a HOT property market… as well as how to be due-diligent with your finances, ESPECIALLY in a market that is moving at a rapid pace.

Remember – stay informed, don’t do anything irrational right now… and ONLY IF you’re in a position to “push play”, move quickly but SMARTLY.

… What a ride we’re in!

 

P.S. – Part 1 was all about the backdrop of how we got to this HOT property market, how to get your PREP work done and figuring out your brief… this ep’s getting into the nitty gritty of the property and lending story!!

 

Free Stuff Mentioned

 

Here’s What We Cover…

  • The difference between On Market, Off Market and Advanced Listings!
  • The Investment Property Search Plan 🙂
  • How to conduct your asset selection
  • The Top 3 Deal Doers!
  • The Top 3 Deal Breakers!
  • What attributes do you need to look for in an investment property?
  • What “feeling” should the property evoke?
  • Why SHOULDN’T you be fearful of agents knowing your upper limit (in a hot market)?
  • Tips for dealing with real estate agents
  • How did we purchase a property when we were the 2nd highest price offer!?!
  • What research sites can you use – and what should you look for in each?
  • Questions to ask a Property Manager to help you with your search…
  • … Watch out for FOMO!
  • How to do your Due-Diligence with the property?
  • How to do your Due-Diligence with your finance?
  • What is happening in the lending space during a HOT property market?
  • How can you fast-track your home loan application?
  • Settlement mistakes in a HOT market
  • Red flags certain properties and when to walk away
  • The relationship between % LVR and the type of property to buy
  • How many properties are going to auction this weekend!?!

 

 

Episode 325 | The Step-By-Step Process To Win In A HOT Property Market – Part 1

There’s no doubt about it – the property market is HOT and it’s only getting HOTTER!

Mark our words, folks – we’re in a Seller’s Market right now – and we’re talking Right Across The Country – which means if you’re serious about entering the property market, there are some CRITICAL things you need to know and do in order to make sure your execution is successful and, here’s the biggie…NOT something you’re going to regret further down the track.

This is what we call “The Big Wave” – so today is the very first episode of our new miniseries that will walk you through the ENTIRE Step-By-Step process to buy in a HOT property market.

This is the proven technique WE are currently using as we guide our clients through a hot market – so, we’ll be walking you through…

  • How to organise your Buying Brief
  • How to prepare yourself BEFORE entering the market (the team you need, the deposit you need, LVR requirements, the planning process etc)
  • How to search for an investment grade property (what to look for, where to look for it, tips for handling real estate agents)
  • How to be due-diligent with your finances
  • How long it takes for banks to process your loan (especially in a hot market)
  • Red flags for certain properties and when to walk away
  • Negotiation and Buying Tips specifically for a hot market
  • How to work out the difference between Quality Assets vs FOMO
  • What to Do AFTER Your Purchase
  • …. pretty much everything property investors need to know as they enter a property market that’s heavily swayed in favour of the seller!

 

Like we said today is just Part 1 – so please start from the beginning, and tune into the next upcoming episodes to make sure you’re in a position to WIN – because now is NOT the time to be doing anything silly!

 

Free Stuff Mentioned  

Fill in the form below and create your account on our Money SMARTS Platform now!

Already have an account? Log in here.

 

Here’s some of the gold we cover…

  • 00:15 — 10 MILLION DOWNLOADS!
  • 08:19 — Our proposal stories (LOL.)
  • 10:37 — What has pumped up this property market?
  • 11:41 — What are we seeing NOW?
  • 12:37 — The economic flow on effect from property (did you know this number?!)
  • 14:05 — A true story of how quickly things can change!
  • 15:20 — WHY is the property market so hot?!
  • 16:58 — The first thing you need to do!
  • 17:33 — The Big Wave :0
  • 18:34 — The Buyers Decision Quadrant
  • 19:24 — Quick tips to asses the quality of an asset
  • 21:03 — The 80/20 Rule
  • 22:05 — The “S” word that changes everything!
  • 24:25 — What to do if you’re buying as an OWNER-OCCUPIER
  • 25:49 — What to do if you’re buying as an INVESTOR
  • 26:50 — Why most people fail…
  • 28:17 — How do you work out how much you should spend on a property?
  • 29:05 — Realistic historical capital growth to look for…
  • 32:00 — The biggest killer 🙁
  • 34:11 — The Three Things to focus on to identify what property YOU need to buy
  • 35:09 — Why are you incentivised to cut corners in a hot market?
  • 35:23 — What happened with one of the properties we bought last week?!
  • 36:54 — The property investor mindset
  • 37:37 — Why you should NOT “play it cool” right now!
  • 40:11 — The five-step process to build wealth
  • 41:25 — Three questions to ask yourself before you do ANTHING!
  • 40:54 — HOW TO CLARIFY
  • 40:33 — HOW TO EVALUATE
  • 44:22 — HOW TO PLAN
  • 45:50 — What happens when you buy a higher-priced asset?
  • 47:23 — Capital growth asset OR balanced asset OR yield asset?
  • 49:24 — HOW TO IMPLEMENT (WAAY more coming!)
  • 49:45 — HOW TO MANAGE
  • 54:47 — Who do you need on your team?
  • 55:46 — What do you need to ask a Building & Pest Inspector in a HOT market?
  • 57:51 — If you’re buying “subject to”, what do you need to keep in mind?
  • 58:15 — What to do with a contract!

and…

  • 1:04:26 — What else have we’ve got coming for you in this miniseries?!
  • 1:05:05 — The latest property market stats (AKA proof it’s a hot market right now!!)

Episode 324 | Property Market Outlook 2021 – Chat With Cameron Kusher, Executive Manager of Economic Research at REA Group

The pendulum has swung and Australia’s property market is expected to be very, very different in 2021!

On the back of what we can only describe as “a year we’ll never forget”, property is about to bounce ahead in a direction very few could have predicted during the height of the pandemic panic.

In this episode, you’re about to hear an expert forecast that reveals key market insights into the Property Market Outlook for 2021 (including suburbs set to soar this year and potential challenges up ahead!).

Joining us is Cameron Kusher, Executive Manager – Economic Research at REA Group. Cameron has over 15 years’ experience working as a property market analyst (both residential and commercial). His experience spans valuations, property development, development consulting, commercial property research as well as residential property research. Through his work, Cameron has gained a thorough understanding of property market fundamentals across demographics, trends and economics, making him a widely sought-after commentator and presenter on property market conditions and emerging trends.

Oh, and prior to joining REA Group, Cameron spent more than 11 years at CoreLogic where he was the Head of Research for Australia.

… If you want a realistic look into how property will perform this year and where you can expect to see price growth and high demand, then this episode is for you.

 

Just a Sample of What We Cover:

  • Economic Forecast – For Australia and International
  • Property Demand – Will There Be Unprecedented Demand This Year & What Areas Will Be Most Popular?
  • Property Supply – Will There Be A “Building Boom” This Year & How Will Supply Contribute To Property Prices In 2021?
  • Sales – How Do Current Property Sales Compare From This Time Last Year?!
  • Lending – Why People So Attracted To Debt Right Now… And Will This Will Lead To Increased Regulation? (… Plus, When Will Interest Rates Go Back Up!?!)
  • Property Prices – What Will Contribute To Price Growth & What Will We See Over The Next 60 – 90 Days?
  • Property Segments – A Breakdown of Property Markets Within The Country (Incl. Strange News On Regional Properties)
  • Buyer Behaviour – Is FOMO Coming?
  • Suburbs To Watch – Specific Suburbs Expected To Soar in 2021!
  • The Recession’s Hangover – How Long Will We Live With The Repercussions of The Recession? (And What Will We See Continue In The Rental Market?)
  • Top Tips For Property Buyers and Investors – Especially In The 2021 Property Market!

 

Resources Mentioned

 

 

6 Reasons Why The Property Market Did NOT Collapse During COVID-19! – Bonusisode with Nerida

Folks, wanna know the SIX reasons why Australia’s property market didn’t “plummet” during a global pandemic…. even when so many commentators suggested otherwise!?!👇

We’re checking in with Nerida Conisbee, Chief Economist at REA Group and she’s going to tell you exactly why… and the key risks we still have to keep an eye on as we move into 2021!

 

A Hint on The 6 Reasons… (see if you guess right 😉)

1️⃣ __ are being __ for now

2️⃣ Unemployment primarily impacting __

3️⃣ __ __ have slowed

4️⃣ Some __ __ are faring well

5️⃣ Less overall __

6️⃣ Record level of Govt stimulus, such as __

 

Tune in now to Get ALL 6 Reasons and the latest update on…

🔸 Biggest risks to undermine Australia’s economic recovery

🔸 China /Australia Relations – who’ll blink first?

🔸 When’s the MOST auctions happening!?

🔸 How did so many commentators get it WRONG?

🔸 Where are First Home Buyers going?

🔸 How second homes might drive the post-COVID housing boom

🔸 The star suburb performer in NSW this year in

🔸 Commercial property investment from UK and German funds

🔸 Australian luxury property defies the downturn and global trend

🔸 Property Market Predictions For 2021

 

 

 

Instagram

Free Resources

What to be notified when there are
new updates & free resources?

  • This field is for validation purposes and should be left unchanged.

×

MONEY SMARTS SYSTEM

Plus We Will Also Notify You When We Release New Episodes

  • This field is for validation purposes and should be left unchanged.

We Only Send You Awesome Stuff

×

SUGGEST A GUEST!

We Only Send You Awesome Stuff

×