professional advice Archives - Page 12 of 20

154 | The Do’s and Don’ts: The Discoveries We’ve Learnt in Property Investing (PART 2)

By The Property Couch January 11, 2018 in Podcast

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Alright, folks! It’s that time again… Podcast Day!

And today we’re bringing you PART 2 of our Summer Series on the Foundational Principles of Property Investing, featuring THE best bits of gold from our guests!

So if you’re interested in building a property portfolio in a tough market, learning the key elements of property investing or wouldn’t mind a handful of renovating tips to increase that capital growth……. then this episode’s got it all!

But before we jump in and tell you which FIVE GUESTS are featuring today, we thought we’d slap on a sticky note here that reads:

Remember: $5 is all you need to become a PICA Member!

At the end of the day, it’s important we come together and join forces in protecting our investments, livelihood and ability to determine our own future.

That said, let’s get on with today show!

Featuring in today’s episode include the following guests…

Jane Slack Smith – from Episode 61
Damian Collins – from Episode 73
Veronica Morgan – from Episode 76
Stuart Wemyss – from Episode 81
Dr. Andrew Wilson – from Episode 87

Answering these questions:

What is the Trident Strategy, and how can you use it to build your wealth?
Why does investing for the long term matter?
What do you need to consider when picking an investment grade location?
Where are people incorrectly spending their money on when renovating?
What is the “rule of thumb” to spend on a cosmetic renovation?
Who is your target market if you’re “flipping” properties?
How can you build a property portfolio after a boom?
Why is it crucial to have the right strategy first?
What is the one thing you need to do when structuring your loan?
Why does a mortgage broker need to be a cash flow manager?
What do you need to keep in mind if you’re buying in a rural area?
What is the best predictor of the future?
Why be positive about the property market/ investing in property?
Is interest rate the only thing that matters?
What will we see with the market correction?
How do you know if you’re getting good advice?
What property will always have demand, despite market conditions?
What’s the Future of the Australian Property Market?

153 | The Do’s and Don’ts: The Discoveries We’ve Learnt in Property Investing (PART 1)

By The Property Couch January 4, 2018 in Podcast

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Happy New Year, folks!!! We hope you celebrated this new beginning in style — and also gave yourself a pat on the back for the great things you made happen in 2017!!

Indeed, 2018 is now with us……. and we are SO excited to share this new chapter with you. We also have a few surprises up our sleeve this year, with more than a handful of epic guests lined up!!

** If you’re super keen on hearing from someone in particular, or about a topic you’ve been dying to learn about, simply head to our Contact Us page or feel free to drop us a line at [email protected]**

And remember: $5 is all you need to become a PICA Member!

But back to today’s episode…. The Summer Series (Part 1 of 2) on the Foundational Principles of Property Investing, featuring THE best bits of gold from our guests.

In plain English, please?

You’ll hear The Do’s and The Absolutely-Don’ts of Property Investing from the people who have been there, done that, and have an enviable property portfolio to prove it.

(In a nutshell: all of the gold, snipped and trimmed, to fit into 2 episodes).

Featuring in today’s episode include the following guests:

Peter Koulizos – from Episode 30
Carolyn Wright – from Episode 31
Steve Waters – from Episode 42
Paul Baker – from Episode 45
Chris Gray – from Episode 60

Filling in the gold mine includes:

The Five Golden Rules of Property Investment
What is Gentrification and what signs do you need to look for?
Why type of car (yep) can influence the future price of a market?
The Checklist to getting a great Property Manager
If you’re a first time investor, what things MUST you know?
What do you need to be aware of when getting advice?
What property type is most risky? Why?
What role does the media play?
How to determine if you need a building inspection for the particular property?
What can go wrong?
How can you build a portfolio through rentvesting?
Asset selection tips and why is location research crucial?

Resources mentioned in the podcast:

Get your Break Even Calculator here

Become a PICA Member here

See the infographics Ben was talking about here

152 | Bad News for The Australian Property Market

By The Property Couch December 28, 2017 in Podcast

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We’re sorry to bring you Bad News while you’re on holidays.

Unfortunately, we have heard some negative talk out there and, well, we think it’s best you know. So, today’s podcast is a little on the “doom and gloom” side, we’re afraid.

We’re talking about the correction in the market. We’ve all seen the property prices in Sydney come down a bit, and we’ve all heard (perhaps too much) about the Bubble…. Is today the day it finally burst?

A longtime listener from Singapore, Saxton, left us a rather distressing voicemail message:

“I want to ask you about the article that was published by Matt Barrie the CEO of freelancer in Australia where he painted a very negative and bleak future about Australia’s future prospects and described the Australian property market as a bubble built upon a bubble, built upon a bubble; namely mining and commodities. Anyway, it’s a long article and I would love to hear your negation on some of his gloomy outlook and why property is still a good bet moving forward.”

If you’ve read the article… you’ll know it’s pretty bleak. Also what’s interesting is that Matt Barrie isn’t a property expert — note that his business has nothing to do with property — and on social media channels he is, which makes sense, an “influencer”. And influencers are good at doing just that.

But, at the end of the day everyone is entitled to an opinion.

More importantly, who is right?

What’s about to unfold:

Are the conditions that precede a bubble “popping” finally here?
What happens if the market drops 30%?
What is money and wealth built on?
What are the biggest banks LVR and why does this matter?
How is Australia’s lending system differ from the rest of the world?
Is Australia’s economic climate stable?
What is “short selling”?
How can you tell when an agenda is influencing an opinion?
Why do we keep going on about supply and demand?
What is “irrational exuberance” and why is contributing to the bad news?
Why is now (perhaps more than ever) time to look back at your property fundamentals?
Is interest rate the King in all of this?
What’s the future of the Australian Property Market?
What do you need to start telling people today?

Full disclosure: Here’s the link to the article. Please decide for yourself 🙂

P.S. Should Ben do the Life Hack from now???

149 | Money Tips to Survive this Christmas

By The Property Couch December 7, 2017 in Podcast

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It’s beginning to look a lot like…… Spending!

That’s right, folks. Christmas is just around the corner, and let’s face it: it’s an expensive time of the year for all of us.

So we thought we’d share some money management tips so you avoid filling the stocking with all your hard earned cash. We’ve also taken apart the latest CBA Report, which explains some alarming spending habits that you and a whole lot of Australian’s are doing in December.

Plus, we’ve got a ripper SURPRISE FOR OUR 150^TH EPISODE next week. Yep — not only is The Stig opening, closing and Life Hack-ing the show (thanks to your Movember donations, woot woot) — but also, we have a SERIOUSLY EXCITING GUEST ON!!! It’s someone we’ve been trying to get on for a loooooong time.

Want to find out who it is?

You’ll find out in today’s episode!!! (After all, we’re in the festive spirit.)

*****Also, stay tuned to the end and you’ll bear witness to Ben’s truly ridiculous Did You Know?*****

So, what are we on about today?

How can you use our Money Management System in the lead up to Christmas?
What date in December do Aussie’s spend the most? (Hint: it’s not Christmas Eve.)
Seriously, how much is it costing you?
What is the Number One thing that we ALWAYS do with our credit card?
How should you be managing your credit card?
What should the limit be on your credit card?
Should you buy in-store or online?
Can you MAKE money at Christmas?
How should you be managing your money this time of the year?
What can you do to avoid stretching your investing budget?
Could you do Ben’s Savings Tip……………..?

Final Movember Tally: $11,533

If you donated and haven’t given us your address yet, please email us at [email protected]

P.S. Don’t forget: next week’s 150^th Episode!!!!!!!!!!!!!

P.P.S. And here’s the link to the Dirty Santa’s Rules!

146 | 10 Reasons Why You’re NOT Rich Yet

By The Property Couch November 16, 2017 in Podcast

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Happy Podcast Day folks! Aside from growing our moustaches for Movember, this week we’ve also been growing a ripper episode for you **drum roll please** …

Today, we’re giving you the 10 Reasons Why You’re Not Rich Yet!!!

(Now, we’ll be honest, we’re not huge fans of the word “rich” — we prefer the term ‘financially free’, but you get the gist.)

So why haven’t you got the money you thought you’d have by now? When is the suitcase of cash finally going to land at your feet? Is it something you might be doing/not doing?

Yep, this one just might make you have a long, hard look at yourself (in a nurturing way, of course). Because there are TEN reasons — a few of which you might be doing now — that are blocking your shot at financial freedom.

Speaking of finances, if you help us donate to Movember with a $25 donation or more we will give you a FREE SIGNED COPY OF OUR BEST SELLER BOOK! Yep, we’ll cover the cost of the postage and, guess what … The book’s worth more than $25. AND donations above $2 are tax deductible! 3 wins. You, a good cause and us MoBros!!

How do you do it?

Go to our Mo’s Team Page here and donate $25 or more.
Once you’ve done it, let us know by commenting on this Facebook Post here.
We’ll send you the book. Easy!

AND if we hit our target of raising $5,000 for Movember, Ben has promised to create a FREE WEBINAR on Working Out Your Retirement Gap! But we need to hit the $5,000 mark to make him prioritise this. Remember, it’s for a great cause (and you get to see the guys look ridiculous for another 2 weeks)!

Alright, where’s the money at? (What you can expect in today’s show.)

The mistake Bryce made in his twenties, which you might be making now
Is there more to wealth than never spending?
The power of compounding right now
Why you shouldn’t just budget for it.
How to get the best out of a Buyers Agent so they make you more money
The choices rich people make that you can make too
Why the moving parts of your cash flow have a lot to do with it
How long will it take until you’re rich?
What can you learn from Roger Federer and Qantas?
Can you get rich just by thinking about it?
The balancing act you need to master
The bad advice you’re listening to that’s stealing your money!
How do wealthy people think about debt?

Remember: Money’s not everything. And you can experience huge wealth in helping others! Donate to Movember here.

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