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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 do due diligence 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 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  

 

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 assess 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 (WAY 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 got coming for you in this mini series?!
  • 1:05:05 — The latest property market stats (AKA proof it’s a hot market right now!!)

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

 

 

 

314 | The Millennial Movement: How It’s Shifting Property Demand – Chat with Simon Kuestenmacher

Did you know there’s a “Millennial Movement” currently happening? What if we told you this is shifting the property type set for high demand? What if we told you it might not be what you think it is?!

Folks, we’re about to dive inside the mind of an expert Demographer – someone who studies the changing structure of human populations and how this is going to play out in the future. And someone we’re VERY excited to have on!

Today’s guest is Simon Kuestenmacher – Co-Founder of and Director of Research at The Demographics Group!

Yes, The Demographics Group is, of course, headed by Managing Director Bernard Salt, one of Australia’s most sought-after social commentators…. and Simon not only works alongside him, he is himself a rising star in the world of demography – particularly when it comes to data animation and interpretation.

Even better, he has a rare talent of explaining these insights in a way that’s both super engaging (you’ll soon see!) so we can ALL understand and benefit from. He holds degrees in geography from leading universities in both Berlin and Melbourne and has also worked for several years as a business consultant with KPMG Australia. Basically, he absolutely knows his stuff!

Key Message Before You Listen…. As you likely know already – Australia’s population has a HUGE flow on effect to the demand (and hence the price) of property. At the end of the day, “population” is really “people”… and people, of course, live in and set the demand for properties… So when someone tells you little-known insights about who these people are and what they’re up to – i.e. key demographic trends, consumer insights and cultural changes – if you’re someone who’s interested in INVESTING in property… well, it’s extremely wise to pay attention.

You’ll get huge value out of this ep, folks!

Tune in now to hear what’s coming next for Australian Property!

 

Stuff Mentioned…

 

Here’s What We Cover..

  • Demographics 101 – What’s the #1 you must know when it comes to understanding demographics data?
  • What’s The Millennial Movement that’s shifting property demand?
  • The property type set to boom this decade…
  • The New COVID-norm analysis – what does it mean for property?
  • Are City Properties A Thing Of The Past?
  • Will the shift to regional locations be PERMANENT?
  • Who are the type of people who DISLIKE working from home?
  • What country or location most compares to Australia?
  • Where does Australia fit in the global landscape?
  • Why is the fastest growing economy not always the best economy?
  • Property Through The Generations – What It Says About Future Demand
  • What are “Launch Pad Suburbs”?
  • The major difference between Australian and European countries
  • Will immigration levels pick back up?
  • How many international students become permanent residents here?
  • The 1954 Melbourne map…
  • Which Australian capital city spends the most on wrist watches?! (And what does this tell us?)
  • What are the key trends that shape the way we live?
  • Upcoming Trends Property Investors Need To Be Aware of

 

 

 

 

313 | Investing Since 1967: How This Legend Outperformed The Marketplace By A Whopping 7.1%! – Chat with Jock Bing

Want to hear a property masterclass from one of the best of the best in the industry?! And what if we told you this guest has not only been investing since 1967… but also OUTPERFORMED the marketplace by a whopping 7.1% during this time?

That’s right… today’s guest is one of the LEGENDS in property investing – one of the first EVER Buyers Agents in the country, in fact – and all of the properties he’s purchased for his clients have been scrutinised over a 47-Year Review… and their growth performance EXCEEDED the entire marketplace!

So how did he do it?! And, crucially, where and what properties did he buy to get such a phenomenal return on investment?!

Introducing Jock Bing, Executive Director and CEO of Portfolio Property Management Services – a property investment, buyers advocacy and management firm that Jock founded back in 1967!! Yes, he is one of the trailblazers who invested in property WAAY before it was ever a “thing”… and guided others to do the same; getting them a ripper of a return in the process!

With over fifty years of in-the-trenches experiences, Jock has an enormous amount of wisdom to share… and we feel very fortunate to speak with someone who doesn’t just have longevity in the game, but is one the great pioneers and thought leaders in the property investment industry!

Fun Fact: Jock has actually been one of Ben’s personal mentors throughout his own investment journey… and we’ve been trying to convince Jock to come on to The Couch for some time 🤣… ‘cos the insights this man has is Nothing But Pure Gold.

Boy, oh boy, oh boy… strap yourselves in for a Property Investment Masterclass, folks… you’re about to have your mind blown!

Also – if you wanted to get more information on our Start & Build course, you can get the Limited-Time Discount on Start & Build here. (Discount ends on 22/11/20)

 

Stuff Mentioned…

 

Here’s What We Cover…

  • Who is Jock Bing?!
  • What was the property market like back in 1967?
  • How did he come up of the idea of investing in property?
  • Who lent money to property investors in the beginning?
  • How much were properties back then?
  • How did he get people to invest in property when it wasn’t really “a thing” yet?
  • What did this process look like?
  • Why did he NOT go for the new properties?
  • What suburbs were they buying in and why?!
  • The Why and How of attracting university students
  • What does Jock see happening to the future of the property marketv?
  • What does “investing in an apartment” really mean?
  • Why did Jock say NO to Spruikers?
  • The Sydney and Melbourne Market shift…
  • The rationale behind investing in existing properties…
  • What was the appeal of artisan/workers cottages?
  • How do you attract a higher quality tenant in a suburb that’s in the process of gentrification?
  • The FOUR Things You Need To Consider In An Investment Property
  • When did it pivot from 60 – 66% deposits with solicitors to 80% funding with banks and then using existing equity to get 105%?
  • How did the introduction Capital Gains Tax affect property investors?
  • Why did he take the long term approach to property investing?
  • How many properties was he purchasing for each client?
  • What would Jock do differently? Would he do anything differently?
  • The implications of investing in property on main roads and compromised areas…
  • … Did someone say “NSW reform to Stamp Duty”?!

 

 

 

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