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017 | Who’s Your Personal Banker?

TPC Ep 17 - Tips

Did you know, to be a great Property Investor… 

you need to be great in Finance!  

This means you need to understand how to access money, and most importantly, understand how to use Leverage. 

Yep that’s right! And to better understand this concept, we’re drilling down into the Borrowing Power pillar, found in our Four Pillars of Mastery framework 

In theory, investors are supposed to be thinking 2 properties or loans in advance, whilst setting up their current property.  

Of course, the reason we said, in theory, is because most investors simply don’t know how to achieve this as they lack the knowledge and experience.   

So, what happens next?  

Well, unfortunately, they go to the bank hoping that the bank or lender will sort it out for them, but what folks forget is…the banker works for the bank!  

Bankers typically don’t have the capacity to conduct a thorough analysis of all investors’ loan strategies and structures. It’s kinda like going to the GP and asking them to perform knee surgery (not safe or practical!)  

That’s why in today’s episode we’re discussing how to maximise your leverage, the difference between cross-securitisation to stand alone lending (Hint: you should definitely avoid 1 of them)… 

AND why you should choose a specialist over generalist EVERY TIME.  

We’re also looking at the strategy and structure behind good lending and who your personal banker should be!   

Tune in now folks 😊  

 

Free Stuff Mentioned:  

  • Just starting your property investing journey? Check out our FREE Binge Guide to the Foundations of Property, Finance and Money Management, which show you which episodes you need to understand the basics! Or fill in the form below and we’ll email it to you right away.  

    • Are you also interested to have a better understanding of your cashflow position via our FREE Money SMARTS Platform?
    • This field is for validation purposes and should be left unchanged.
  • Free Report: 7 Common Mistakes when selecting a Property Loan
  • Beginner’s Guide to Property Investment Webinar

 

Here’s some of the gold we cover…

  • 3:30 – Why property is all about finance!  
  • 4:33 – Why and how Ben started Empower Wealth 
  • 7:44 – Great lending is based on _____ and ______  
  • 9:05 – The motto for using Lenders Mortgage Insurance… 
  • 9:50 – Why “drilling the dream down into a goal” is so important?  
  • 13:30 – The types of plans we build  
  • 14:30 – Cross- collateralisation vs. Standalone lending  
  • 16:10 – Examples of both 
  • 17:53 – Who is the Personal Banker?  
  • 18:35 – Specialist NOT a generalist folks!  
  • 20:05 – What your mortgage broker should look like  
  • 23:00 – What you can achieve if you get this right!  
  • 24:30 – Check out this free report on 7 Common Mistakes When Selecting a Loan!  

 

Beginner’s Guide to Property Investment in Australia – WEBINAR

Apart from Property Investing Podcast, we want to be able to provide you with some visual demonstration on the theories and concept of property investment in Australia. That is why we’ve prepared this Free Webinar: Beginner’s Guide to Property Investment. Investing in Property is a high value transaction and mistakes can be quite costly so make sure you are fully prepared before making any decisions. Register today to learn more.

 

Register for webinar now 2

 

 

 

What will this Webinar cover?

 

Have you ever read an article that says, “We’ve build a $2 million property portfolio in under 5 years!” and thought to yourself, “How did they do it?!”. Well, you are not alone.

Property Investment is a popular choice of building wealth for a number of reasons. But to start building your portfolio is not easy. You need to know a few things:

  • How to start investing?
  • Where should you buy the first one?
  • Apartment or House? New or old?
  • How should you structure your loan?
  • Do you have enough?

Since it is your first time, you need to make sure everything is right. As we always say at Empower Wealth, property is a high value transaction and to screw it up will result in very unfortunate damage and they are often irreversible. So join this free webinar today and make sure you are on the right path!

If you register today, we’ll send you our Money Magazine Cover story: How to Earn $2,500 a week by Building a Property Portfolio.

 

What are the Attendees’ Saying?

Essential viewing for any aspiring property investors, ticks off all the basic requirements prior to entry. – Nick S.

That was great! The webinar and website info is really helping me build my knowledge bank before getting out there! – Michael M.

Really well explained especially for first timers. Great pieces of information provided. – M

 

Register for webinar now 2

 

 

 

 

016 (Part 2) | The 5 Essential Steps to Property Investing in Australia

Aaand we’re back at it folks!!   

Our first double part episode…ALL IN THE SPACE OF ONE WEEK!  

Yep. That’s how important we believe these two lessons are!!  

So today we’re finishing our “5 Essential Steps to Property Investing in Australia” framework (Of course, if you haven’t already listened to the first part, tune in here) covering the last TWO steps of the process:  

4. Implement (The researching and buying – often what too many people do FIRST in the framework)  

5. Manage (The checking and monitoring of the property each year)  

Ep 16 The Property Couch - 5 Essential Steps to Property Investing in Australia Part 2

Combined, these 5 steps will guide you to effectively and successfully plan and achieve your life goals!  

 AND (in the wise words of Bryce) if you’d like to turn your dream into a goal, our business – Empower Wealth – offers tailored Property Wealth Planning strategies based on YOUR financial and life goals.   

We discuss how these plans work and why they’re important… 

Plus we define the 2 key metrics that Empower Wealth uses to create these insanely accurate financial plans!  

(Did we mention these advanced calculations have been designed by Ben himself??)  

If you’re interested in getting us to help you out with your property journey, check us out here!  

There’s so much gold in this framework finale episode, tune in now folks!  

 

Free Stuff Mentioned:  

  • Ep 3: Cash Flow Management
  • Ep 4: Borrowing Power
  • Ep 5: Asset Selection
  • Ep 6: Defence
  • Episode 016 | (Part 1) The 5 Essential Steps to Property Investing in Australia
  • Check our Empower Wealth’s Property Portfolio Plan
  • Just starting your property investing journey? Check out our FREE Binge Guide to the Foundations of Property, Finance and Money Management, which show you which episodes you need to understand the basics!
  • Here’s what it looks like inside!!

    What to expect in this 90-pages long Cheatsheet? 

    • The Foundational Knowledge in each of the First 20 Episodes
    • The Absolute GOLD that you should not miss out on!
    • Short snippets of quotes from Bryce and Ben that makes all the difference
    • Links to all the Free Resources that they mention in those episodes
    • Additional bonuses that will help you in understanding the Fundamentals more!
    • And of course… Charts and graphs that you can’t find on the podcast!

     

    Interested? Fill in the form below and we’ll email it to you right away.


    • Are you also interested to have a better understanding of your cashflow position via our FREE Money SMARTS Platform?
    • This field is for validation purposes and should be left unchanged.

 

Here’s some of the gold we cover…

  • 0:40 – It’s all strategy and tactics folks… 
  • 1:01 – How can you develop the best investment strategy for you? (And how we can help you!)  
  • 2:48 – The footy equivalent of what we’re teaching  
  • 3:41 – Plan to become, what you plan to become! 
  • 5:39 – What you need to factor into your plans… 
  • 6:38 – This part’s for those folks who want to do their own plan! (How we do it)  
  • 7:50 – Why Ben created Empower Wealth’s simulation software  
  • 9:39 – The #1st Key Metric in Ben’s software 
  • 10:26 – The #2nd Key Metric in Ben’s software (And why it’s so important!)  
  • 12:34 – Step 4 in our framework  
  • 15:50 – Step 5! (What often happens without a plan…)  
  • 17:38 – What happens when you DO have a plan!  
  • 18:18 – Great property investments only require HOW much time?!  
  • 20:31 – We’ve done a…webinar?! Plus a bonus you can get!  

 

ABC News 24 – Property Bubble in Sydney and Melbourne?

Ben Kingsley has recently appeared as a guest on ABC News 24 – The Weekend Breakfast show. He has appeared on this show a couple of times but this time the main focus is on the Property Bubble in Sydney and Melbourne. First of all, is there a bubble? Ben has mentioned in Episode 14 that it’s not a bubble but more like a balloon. Also, he has created a free report and presentation on the Top 10 Suburbs in Sydney in 2003 and what happened to them in 2007 to help our listeners understand what he meant. In this show, he discuss further on our Treasury Secretary, John Fraser’s remark that Sydney is “unequivocally” in a property bubble, impact of the interest rate movement on Australia’s household borrowing power and loan servicing in the future. He also mentioned that the historically low interest rate at the moment will not last forever and will the Property Market crash as the interest rate starts to rise? Watch this video to find out more now.

 

 

We’ve just created a Free Resources section where we share some other advice and tips on top of the property investing podcast. Make sure to check it out regularly! And if you are liking this property investing podcast, please do leave us a review on our iTunes store or our Facebook.

 

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