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182 | Everything You Need To Know About How To Value Your Property – Chat with Greville Pabst

Folks, we’re LIVE from the Melbourne Property Buyer Expo this episode!
AND we’re with very special guest, Greville Pabst, licensed property valuer, and Executive Chairman of WBP Group (One of the biggest property valuation companies in Australia) — and yep, he was also a guest judge on The Block!)

Not only that, Greville’s also purchased and valued thousands of properties on behalf of his clients, at auction or by private treaty, and (the best bit!)… his team inspects  800 properties per day … so he knows EXACTLY how much you should pay for your property!

AND guess what? He dishes out the nuggets for you today! So much so, this episode just flew and we ran out of time to ask Greville everything we wanted to ask… (We’ll get him back on though. Too much gold there not to share! So if you’ve got anything you want us to ask him, let us know here.)

 

So… what do you need to know about how to value your property?

 

 

 

180 | Building A Portfolio in a Changing Market – LIVE Q & A in Melbourne

The Australian property market collapsing. Housing market under the pump. Melbourne’s property downfall. House sales hit new low…

… folks, with headlines like these, we may as well call it a day, bid you farewell in a foreign language like old times, and exchange the ol’ investor returns for an earlier-than-planned retirement!

Wait, why would we say such a thing?

Well, you might’ve noticed — the market’s corrected and it’s making a LOT of folks out there nervous! And why shouldn’t it?

You don’t want to fork out the big bucks (probably the most you’ve ever spent) on a property that’s going to end in little-to-no return come market crash, right? Not to mention, you don’t want this said “investment” to wind up in an economic tsunami, which by the way, WILL happen when life follows the fate of a catchy news headline.

So… is that what’s really what’s happening here? Is the market seriously “bottoming out”… because, as far as we see it folks, we’re sitting pretty happy where we are!

BUT for the record folks, there ARE things you need to keep in mind come a market correction (whether you’re a current investor or just getting started)… so, what do you need to know?

We shared all of the exclusive hacks and current market news in our Melbourne LIVE Podcast last week… and we’re bringing the love to you right now!

 

Before we get into what you can expect out of today’s show, just a few quick shout-outs…

Are you coming to see us at the Melbourne Property Buyer’s Expo??

GET YOUR FREE TICKET NOW – Listener Discount Code: COUCH

Yep, if you want to learn heaps more about property investing, meet us and leave your wallet at home (in other words: spend ZERO money)… you should come and see us at the Melbourne Property Buyers Expo!

  • Saturday, 12:30 PM – Ben on How to achieve financial peace with five properties or less!
  • Saturday, 2:30 PM – The Property Couch with Greville Prabst, Executive Chairman of WBP Property Group and Judge on Nine Network’s The Block.
  • Sunday, 10:00 AM – Special Length Masterclass – Ben and Bryce with Special Guest to talk about Buying your First Home / Investment Property
  • Sunday, 12:30 PM – Bryce on 7 Ways to Build a Property Portfolio in a Changing Market
  • >> Learn more about each of the session here!

And…

 

Property Investors Council of Australia (PICA) is COMING TO YOU. Well, provided you live in Melbourne or Sydney! Meet and Greet includes a Q&A Session followed by a brief networking session. And old mate (and Chair of PICA) Ben Kingsley will be hosting!

Meet and Greet Sydney
Thursday 12 July 6:45PM – 8:30PM
GET FREE SYDNEY TICKET: PICA’s Meet and Greet

Meet and Greet Melbourne
Thursday 19 July 6:00PM – 8:00PM
GET FREE MELBOURNE TICKET: PICA’s Meet and Greet

 

BACK TO TODAY’S SHOW… What’s behind the headlines??

 

 

 

Property Buyer Expo Melbourne – July 2018

And it’s that time of the year again for the Property Buyer Expo! We’ll be presenting four different session next weekend, July 20 – July 22 at the Melbourne Convention and Exhibition Centre :

    • Saturday, 12:30 PM – Ben on How to achieve financial peace with five properties or less!
    • Saturday, 2:30 PM – The Property Couch with Greville Prabst, Executive Chairman of WBP Property Group
    • Sunday, 10:00 AM – Special Length Masterclass – Ben and Bryce with Special Guest to talk about Buying your First Home
    • Sunday, 12:30 PM – Bryce on 7 Ways to Build a Property Portfolio in a Changing Market

 

Missed our TPC LIVE in Melbourne last week? Then, you don’t want to sit out on this one!

We’ve secured a Free 3-day pass to the Melbourne Property Buyers EXPO for our listeners as well (normally valued at$50)! And aside from us, there are many other reputable and experienced property experts there who will be giving away heaps of tips and advice on finance and property too.

So what are you waiting for? Register here: https://mayhem.eventsair.com/pbemelbourne18/tickets/Site/Register (Please use this Promo code: COUCH)

 

You can learn more about what goes on at the Expo here too: http://www.propertybuyerexpo.com.au/melbourne/

 

 

 

 

TPC LIVE in Melbourne! July 2018

Sorry, this event is now over. But if you’re interested in our future events, just fill in the form below and you’ll be the first to be notified when we are organising one! 

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We usually have 2 segments in our LIVE event, one is the podcast section (and we will have a video for you below!) and the other is a LIVE only segment (case studies, data dives, property market updates and more) so make sure to come to our next LIVE event when possible! 🙂

 

 

Are you ready to watch us LIVE IN Melbourne? 😉
So here’s the low-down
Date: Thursday July 5th 2018
Location: ACMI on Federation Square
Address: Corner of Swanston St & Flinders St, Melbourne VIC 3000
Time: 6:30pm SHARP — 9.30pm

Cost: Free. Zilch. Zero. Nada.
If you’re wondering why we’re putting the feelers out now, it’s because we want to make sure you put aside the date nice and early, so you don’t miss out!
That, and we’ve only got a limited number of folks who can actually fit in the venue…
… so, if you’re keen on meeting us in the flesh, are serious about witnessing a special LIVE show and want the chance you deserve to ask us anything you want about property investing…
Reserve NOW – Limited Seats Available

(You might be able to meet The Stig too!)

And if you’ve noticed that this Live Podcast is happening on a “school night”, we’ve made the effort to finish up at a reasonable hour so you can still get adequate zzz’s in.
But you’ll have enough time to:
Meet us
Witness a LIVE episode
Hang out with cool, like-minded property investors
Get tips from investors in all stages of building a portfolio
Learn more about property investing
Get a SPECIAL LIVE-ONLY Segment!
See The Stig in action
… and have fun!

Reserve your Seat Now: The Property Couch LIVE in Melbourne

Come as you are (Smart casual).
Hope to see you there!

Cheers,
Bryce and Ben.

P.P.S. If you get hangry easily, or wouldn’t mind a drink before the Live Episode, no biggie… There are drinks and food available at bar prices!
If you’ve got any questions, feel free to contact us at [email protected].

164 | Q&A – How to Avoid Poor Loan Structure

It’s Q & A Day, folks!!

Off the back of last night’s webinar, “7 Deadly Sins of Building a Property Portfolio” we’ve got plenty of questions leftover that we reckon are going to help you with ALL THINGS LOANS and INVESTMENT LENDING!!!

Before it kicks off though … we’ve got a BIG announcement (well, big news for Bryce!!)… so make sure you keep an ear out!

So, we’ve got SIX questions to get through, which will help you in avoiding poor loan structure and more importantly, your planning stage of building a property portfolio!

 

Question from Mark:

I have a PPR mortgaged at the moment, as does my girlfriend. We wish in the future to turn both into investment properties and buy a further property to live in long term. Should we be spending money doing any works to the properties that we currently live in? Or should we spend the bare minimum and save every cent for our “together” house?

 

Question from Laudy:

I thought they’d changed the PPR loans and didn’t allow interest only loans anymore — how can this be done?

 

Question from Dean

Can you use equity in your investment properties to wipe out your PPR mortgage?

 

Question from Chris:

I understand the concept of “tapping into property 1’s equity” but HOW do we do it? Is a Line of Credit an appropriate method? Is this with the same bank or a different bank? Thanks guys, appreciate the help!

 

Question from Matt:

In the case studies it shows the debt on investment properties being paid off over time. When do you switch from IO to P&I? Should you refinance after 5 years to extend IO period as long as possible or switch to P&I when your cash flow allows?

 

Question from Shanki:

Regarding loan structure, can I use the equity from 1 property to pay the deposit for 2 separate investment properties? Is it similar to collateral?

 

 

p.s. Here are all the links for today’s podcast!

 

 

 

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