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499 | Why Choose an Investment Savvy Broker? – Chat with Brad Fraser

 

To give you an inside look at the real workings of mortgage broking, we’ve brought in an incredible broker from our investment savvy team…  

Please welcome Brad Fraser! 🙌  

We’re delving deep into the heart of this industry with two compelling real-life scenarios:     

🏡 First homebuyers: This young couple doesn’t want to compromise on their dream home yet are limited in borrowing capacity. How do we solve this with no net loss?   

💼 Aspiring Property investor: A young investor wants to buy his first investment property. Why did we initially say no, and how do we solve this problem amidst rising rates?   

Plus, we unpack Brad’s money story, which follows him as he pivots from spending it all to becoming the financial guru he is today.   

It’s an episode highlighting the importance of using an investment savvy broker who takes a holistic approach to your investment journey. Tune in now! 😊   

 

P.S. It’s our 500th episode next week! 🎉 Tune in for an exclusive guest appearance by a world-renowned sports psychologist and get the chance to win his $499 course for free.  Be among the first to know when it goes live 👉 https://bit.ly/3Xzvots 

 

Free Stuff Mentioned

  • This is the last week to help property investors across Australia:  
    • NSW’s No-Grounds Evictions:
      • Action 1 – Complete the consumer survey against the No Grounds Termination of Residential Tenancy Agreements  
      • Action 2 – Complete PICA’s Survey on why would you evict a tenant  
    • Victoria’s changes to minimum standards:   

 

Timestamps

  • 0:00 – Why Choose an Investment Savvy Broker?    
  • 2:15 – PICA webinar replay & have your say in legislative changes  
  • 3:51 – Mindset Minute: “Courage is not the absence of FEAR, but the triumph over it…” 
  • 4:46 – Welcome, Brad! 
  • 5:20 – Money Story: From scarcity mindsets to surf brands  
  • 11:58 – His life-changing shock at 18 years old  
  • 16:44 – Stepping stones to becoming a better saver  
  • 18:48 – The power of shared goals  
  • 19:46 – “How does money work?”  
  • 20:55 – What does the investment-savvy broker look like?  
  • 23:43 – Holistic Views vs. Product Selection  
  • 27:07 – Case Study #1: First Homebuyers   
  • 29:01 – The Problem: Reserved debts, smaller deposits & disappointments  
  • 33:55 – How we increased their borrowing capacity 
  • 37:24 – The genius behind Brad’s plan: No net loss?!  
  • 40:15 – Why it’s also about educating the client 
  • 41:05 – We didn’t use third-tier lenders; this is why. 
  • 43:04 – Case Study #2: Aspiring Property Investor  
  • 45:55 – The Problem: It wasn’t the right time to buy a property?  
  • 49:15 – Rising rates & the role of Buyers Agents 
  • 52:07 – The first lender isn’t your forever lender! 
  • 56:38 Why does Brad do mortgage broking?  
  • 57:16 – Ben’s meaningful moment in his broking career  
  • 59:19 – Book a free initial consultation with our team of investment savvy brokers!  

And…

  • 59:44 – Lifehack: Turn your phone into a Nokia 3315!  
  • 1:01:52 – WMPN: NSW Gov increases taxes for property investors and RBA correction 
  • 1:04:05 – 500th episode next week! 😮  

 

Exit Strategy

Please Note: This episode is a re-run. The original air-date was on August 6, 2015. 😊   

“Begin with the end in mind.”
Stephen Covey  

In this week’s bonus episode, we’re rewinding the clocks and revisiting a past episode that covers a core strategy every investor should have…    

Your Exit Strategy  

From the “Buying and Holding” to the “Buying and Selling” strategy, we’re exploring the many ways an investor can leave the property market and which approach works best under certain conditions.    

Plus, tune in to hear how you can easily calculate the cost of your lifestyle (thereby how much you need to retire), understand the math behind reverse mortgages and learn: How realistic is the living off equity strategy?   

An old episode that covers an evergreen concept, tune in now folks!   

 

Free Stuff Mentioned

 

Timestamps

  • 0:00 – Exit Strategy  
  • 1:58 – Where this episode came from  
  • 5:21 – Living off Equity   
  • 8:03 – “A goal without a date is just a dream”  
  • 9:57 – What fulfils you?    
  • 12:07 – How to calculate the cost of your lifestyle  
  • 14:22 – Buying & Holding   
  • 16:05 – Buying & Selling  
  • 19:40 – How realistic is living off equity?   
  • 20:18 – Reverse Mortgages   
  • 23:29 – This is Nirvana for Bryce   
  • 25:38 – Why most investors only need 3-5 investment properties    
  • 27:05 – Is Fractional Selling the Future?   

 

460 | How To Navigate Cash Flow Challenges During Rate Rises: Real Life Case Studies

With today’s tightening rate cycle, it’s no surprise that many folks are refocusing and replanning their lending strategies to secure their cash flows. 

 That’s why, in this week’s episode we’re honouring those folks who are focusing on “prevention rather than a cure” (and encouraging others to get on board!) by unpacking 4 REAL mortgage stories from our own brokers covering:  

👉 Refinancing before maternity leave when she’s the main breadwinner and there’s a history of health complications,  

👉 Navigating cash flow challenges as a single parent (The solution this parent decides to go with is downright inspirational and represents the choices MANY parents are facing!), 

👉 Relocating across states with jobs that CAN’T be done remotely, and… 

👉 Exactly why you need good lending advice from a qualified, experienced broker!  

If you can’t tell folks, this episode is packed full of evergreen wisdom that’ll reveal how to navigate cash flow challenges and optimise your lending strategy today.

Tune in now!  

 

Free Stuff Mentioned

  • Need help making your money last? Check out Moorr’s MoneySTRETCH to gain a clear line of sight into your finances! Watch Ben’s video to find out more here.  
  • Keen to talk to an experienced and investment savvy Mortgage Broker? Check out the Free Initial Consultation with our sister company, Empower Wealth here or fill in the form below:
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Timestamps

  • 0:00 – The Incoming Gold Today!  
  • 4:12 Mindset Minute: Spending can be a representation of… 
  • 9:54 – SUMMARY: Morgan Housel’s The Art of Spending  
  • 12:58 – Context for today’s episode  
  • 15:07 – Case Study #1: Maternity Leave & Health Complications  
  • 21:28 – The “a-ha” moment!  
  • 24:22 – Our Solution  
  • 29:55 – Case Study #2: Single Mother with a 12-Year-Old Son 
  • 35:27 – The 2 critical options they had!  
  • 37:03 – She was having THESE conversations over the dinner table… 
  • 40:07 – Is it really essential?  
  • 45:32 – Case Study #3: Married Couple with 2 Kids relocating to WA!  
  • 48:12 – THIS is always critical for Lending 😮  
  • 48:33 – The Perfect Blueprint: How they achieved their dream  
  • 53:19 Case Study #4: The Importance of Good Advice  
  • 56:09 – This happened during the GFC (+ why it’s like this cycle) 🙁  
  • 1:00:35 – Beware: Conflict of Interest!  
  • 1:03:05 – The Solution: Tiered Lending!  
  • 1:05:24 – Why the relationship should ALWAYS be the most important thing… 
  • 1:08:58 – What you should (and shouldn’t) be looking for in a broker!  
  • 1:12:50 – Need help making your money last? Check out MoneySTRETCH in Moorr!  

And… 

  • 1:16:27  Lifehack: How to BUY time?!  
  • 1:18:47 – Choose a brokerage that sharpens iron on iron. (Check out our awesome team if you need one!)  
  • 1:20:57 – What’s Making Property News: Thank you to all the folks who participated in the 9th PIPA survey! Interesting findings + what they mean… 

436 | Warning! Don’t Fall For THESE Mortgage Myths


Last week we sat down with one of our Mortgage Brokers and well, they shared a client’s story which completely shattered our hearts and became the driver behind today’s show….

You see, this client had fallen for a common but sadly misguided lending myth which resulted in her losing THOUSANDS of dollars…😮🙁   

That’s why, in this episode, we’ve switched things up to become Ben and Bryce, your Mortgage MythBusters!!  

From debunking the 8 most common mortgage myths to unpacking where these misconceptions came from, we’ll be sorting fact from fiction as we determine which myths are tales of caution to heed, and which are just misinformed opinions.  

 And yes, we DO actually share the horror story which was the motivator of today’s show – tune in to 50:03 to hear what happens when bankers dish out the wrong advice  😞😭  

Seriously folks, avoid falling into the same lending mistakes and find out the truth in today’s episode.  

Tune in now or watch the episode below 😊  >>

Free Stuff Mentioned… 

 

Want to work with Bryce & Ben’s Award-Winning Team? 

 

Here’s some of the gold we cover… 

  • 0:00 – What’s in store today 
  • 1:28 – One of us is 100% over the footy talk 😉  
  • 3:54 – The books Ben reckons will become classics!  
  • 4:36 – Mindset Minute: “Your results are largely a by-product of your….”  
  • 6:56 – Are you MoneyFIT? (aka. are you turning your flywheel?)  
  • 10:43 – Myth 1  
  • 11:00 – Ben’s Answer + why!  
  • 13:27 – And THIS is why it’s a myth in the first place.  
  • 16:33 – Myth 2 
  • 15:44 – The truth about businesses 🤯 
  • 20:17 – Consider these factors if you’re thinking of starting a small business…  
  • 24:09 – Myth 3  
  • 24:25 – This comes from an old legacy (and how it’s really done today!)  
  • 27:33 – Myth 4 
  • 27:44 – The Tough Reality (Ben gives you a demo of what brokers hear every day 😉)  
  • 32:46 – Myth 5 
  • 33:00 – Just 3 words folks: Lead. Generation. Tools!!!  
  • 36:39 – Content marketing, digital fingerprints and how to find reliable readings  40:12 – Myth 6 
  • 40:21 – The method traditional lenders use to conduct their assessments!  
  • 41:50 – Is there a way around this?  
  • 44:28 – Myth 7  
  • 45:01 – How a loan becomes polluted!  
  • 50:03 – A true and tragic case study🙁  
  • 54:52 – Myth 8 
  • 56:41 – Private Lenders: Would we recommend it?!  
  • 59:49 – Let’s Recap 

And… 

 

Get Moorr out of your money:
Log in or create your free account via the
Moorr web platform, or download the app on Apple and Android and transform the way you view and track your wealth. 

 

434 | “It Is A Minefield”: Unboxing Tax Structures and Myths – Chat with Julia Hartman

One of the most common questions we receive in the world of tax is… 

What name should I put my tax structure in?!?  

 And while it may seem like a simple question on the surface, lurking below is a mix of confusing super contribution laws and tricky tax loopholes that requires the greatest of tax minds to debunk….which is exactly what we’ve got sitting down with us today😉  

Re-joining in the studio (For the FIRST time in 2023 – which we’re BEYOND pumped about!!) is one of the greatest tax experts in Australia, Julia Hartman: Founder of BanTACS, Chief Technical Tax Advisor at Empower Wealth and Tax structure extraordinaire!!   

As Ben says today, tax structures are like stepping onto a minefield, and to help you avoid running into any explosive situations, we’re doing a quickfire round of WWJD: What would Julia do!  

From SMSFs and Super to the 99 to 1% strategy we’re presenting you with the consolidated and ultimate guide to tax structures in 2023!  

PLUS tune in to hear Julia’s novel and niche tax structure strategy which has Ben and Bryce very intrigued….  

Yep. It’s another GIGANTIC episode that has us all giddy (which might have something to do with us all being in the studio again 😉) Listen in now folks!  

 

Free Stuff Mentioned… 

  • Watch this episode! Check out The Property Couch’s YouTube Channel to see our fireside chat in the studio with Julia 😊  
  • Free suburb reports end tonight! Our 8th Birthday surprise to you (5x Free suburb reports, usually $39) ends tonight, 16 March 11:59pm AEDT!!
    How To Claim Yours: Click here and enter the Coupon Code: TPCBIRTHDAY. Limit 5 per person. To ensure you are not charged, please purchase a single Suburb Report x 5 times. If you add 5 Suburb Reports into one cart purchase, you will only receive a $39.00 discount. Hence purchase one report at a time please 🙂 Don’t miss out!  
  • New PICA Webinar: Watch Ben’s latest PICA webinar on WA’s Tenancy Reform Strategy. Become a member today to watch the replay >>  
  • NEW MOORR FEATURE! Ready to take your wealth-building to the next level? Check out your IncomeSPEED today! Create or log in to your free account in our online platform or download the app on Apple or Google Play today! 
  • For those who left us a 5-star written review in our Moorr app – Thank you! Email us to claim a FREE Start & Build course today 
  • Ben’s “What’s Making Property News?” articles:  
  • Last Week’s Episode: Thanks to everyone who left us such positive feedback on the previous episode with Evan Lucas. Listen to it now >>  
  • Previous Episodes with Julia Hartman:  
    • Episode 417 | Home Deposits Made Simple – Chat with Julia Hartman, Michael Ragavan & James Bowe! 
    • Episode 386 | BEWARE Tax Traps! How to rebuild or repair after a natural disaster – Chat with Julia Hartman 
    • Episode 349 | How To Avoid Paying Tax Without Going To Prison! – Chat with Julia Hartman 
    • Episode 228 |Ownership Structure & Trusts with Julia Hartman – Everything You Need to Know About Property Tax (PART 2) 
    • Episode 226 | Capital Gains Tax 101 with Julia Hartman – Everything You Need to Know About Property Tax (PART 1) 

 

Want to work with Bryce & Ben’s Award-Winning Team? 

 

Here’s some of the gold we cover… 

  • 0:00 – The gold that’s coming at you today!  
  • 2:12 – Free resources!! PICA Webinar Replay, Free Suburb reports, and more… 
  • 5:03 – Watch this episode! 😮  
  • 6:03 – Mindset Minute: FOMO and… sheep?!? 🐑🐑🐑 
  • 8:17 Welcome back, tax expert Julia Hartman!  
  • 9:06 – The Myths of Asset Protection  
  • 13:24 – Top Trends in Tax structures  
  • 16:40 Your complete guide to tax structures (The Big Pros + Cons!)  
  • 18:49 – Scenario 1: “I want to put this property in my company name!”  
  • 21:38 – Folks, here are the biggest considerations.  
  • 25:11– Scenario 2: “Is it a good idea to purchase a new company premise in my company name?”  
  • 27:30 Scenario 3: SMSFs  
  • 30:57 – “It is a minefield…”  
  • 34:46 – The alternatives, risks & big benefits.  
  • 40:41 – Scenario 5:I want to put into a trust!” 
  • 44:33 – Scenario 6: What if I’m an Income Earner or Business?  
  • 47:07 – Are Hybrid Trusts too good to be true?  
  • 55:04 – Ownership Types & Ratios: Joint Tenants Vs. Tenants In Common   
  • 58:11 – The 99-1% trend: Is it still the best strategy today?  
  • 1:03:24 – Can you contribute it to a Super fund?  
  • 1:04:44 – The Fed Budget, Wages, Interest Rates & Super: The future according to Ben 
  • 1:07:29 – The Mortgage Trust: A No-way or Niche idea?!  
  • 1:11:11 – It boils down to C_m_le_I_y vs. R_s_!  

And… 

 

Get Moorr out of your money:
Log in or create your free account via the
Moorr web platform, or download the app on Apple and Android and transform the way you view and track your wealth. 

 

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