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130 | Stage to Savvy: How this Singer/Actor Built her Own Impressive Portfolio Without Guaranteed Work – Chat with Rachel Cole

Awe-Guest, for us, is about bringing in experts from all walks of life and we are proud to say that we’ve finally got Rachel Cole on the show! Welcome Rach!!

Rach is an accomplished performer, singer and actor and is currently understudying Miss Honey, Mrs Wormwood and Mrs Phelps on Matilda The Musical (yes, that one), after understudying Nessa Rose in the Australasian tour of WICKED. A young property investor, Rach loves property research, spreadsheet and is very savvy with her spending. Rach also has a Bachelor Degree in Psychology, a quick-witted blog, Stage Door Shrink, and a passion for sharing what she knows about property investing, even when her creative work (read: money) isn’t always guaranteed.

In today’s podcast, she and the boys unfold:

  • How to invest as a young, single woman with intermittent paychecks
  • How a conservative upbringing and 25 cents in pocket money for every year old she was, paid off
  • What things you should never to get a loan for
  • Money SMARTS, how to implement a budget for everything and other ways to save money
  • Why investing in a $100 bike can land you a house deposit
  • The necessity of sacrifice
  • Getting her first investment property without a fixed income
  • How to be a borderless investor and things you need to consider
  • The costs of renovating and how much is too much
  • What you should always ask the “the locals” before you buy in their suburb
  • What research do you need to do to get the best possible returns?
  • When is the only time to buy off the plan?
  • How to act now when you’re circumstances “aren’t right”

 

PLUS you’ll also get to hear an exclusive performance from Rach! Don’t miss out!

 

128 | How a Country Boy Went From a Butcher to Property Success – Chat with Duncan McPherson, Director of Nelson Alexander

That’s right guys. Duncan McPherson, Director at Nelson Alexander (also a successful property consultant, auctioneer, founder of Nelson Alexander Charitable Foundation and a property investor himself) started his roots in a small country town as, well, a butcher. Yep—his story is absolutely a white-butcher’s-coat to wealth-building-creation!

Duncan is a family man, centred on honest and committed customer service, who has built his riches on sharing what he knows and paying it forward, giving almost $2.5 million dollars to local charities in the process.

On the couch to share his wisdom, humbleness and good humour with the boys, Duncan explains:

  • How he came to Melbourne as a butcher and ended up as highly-successful real estate figure
  • Why one man in a black BMW, a shiny suit and a bad attitude was likely the catalysis for his career change
  • How Nelson Alexander, since 1971, has transformed the face of real estate services, especially in the Northern suburbs
  • How he approaches property investment with 20+ years’ experience
  • What are his criteria for a successful asset selection?
  • Which one is a “better” investment: a house or a townhouse?
  • What “buying land and airspace” means and how you can value from it
  • What is “The Beef Wellington” to add value to your property?
  • What to look for in a quality real estate agent and how to outsmart them
  • How many off-market properties exist without you even knowing they’re For Sale? (Hint: it’s more than you think!)
  • The inevitability of housing affordability—has it always been tough breaking into the market?
  • When will he consider buying a property with someone else?
  • What he looks for in an investment property and what always impresses him
  • The mentors who have changed and continue to change his life.

 

We really, really think you’ll benefit from this one guys. It’s one thing to hear tips from the best in the business; but another thing entirely to hear it from someone who made it there from the humblest of beginnings!

 

PS: Hear your own voice on the podcast by dropping us a Voicemail! Simply click on the long orange button on the right-hand-side of your screen J

LocationScore: You can access it here. (And don’t forget to use this code: TPC20. Valid till 19th August 2017)

 

125 (Part 2) | Everything You Need To Know About Picking The Next Hotspot – Chat with Jeremy Sheppard

Did we deliver on the gold in PART ONE?

Jeremy Sheppard, also the Director of Research at Select Residential Property, definitely has a serious knack for data collection and analysis, doesn’t he? (Side note: he actually calls himself the “property-data Nutcase”. Yep.)

Chasing the tail of Part One, PART TWO unpacks the remaining 3 of the 8 fundamental indicators that affect demand and supply.

The last 3 are:

  1. Vendor Discount
  2. Rental Yield
  3. Renters versus owner-occupiers

 

Yep. Did we warn you that this episode could be quite overwhelming? Stay with us.

It’s been no secret that we’ve been waiting A LONG TIME to share this episode with you because … LocationScore is finally live!!

 

So, what is LocationScore?

Jeremy met with The Property Couch’s Bryce and Ben back in 2016 and that led to their creation of this online property research tool.

All of the indicators you hear mentioned in this episode are exactly what LocationScore’s algorithm measures! They are the tools that sniff out supply and demand levels of all across the country, changing the face of Capital Growth, and investing, forever!

So, what if we could tell you the suburbs—right down to the specifics of houses and units—that are saturated in scarcity, landing you the BETTER LOCATIONS to increase your chances of making real returns in the long term?

This is what LocationScore, pioneered by Jeremy, Ben and Bryce, has been designed to do for you.

These indicators are the wires that power LocationScore. And with over 15,000 suburbs in the Australian market, Jeremy, Ben and Bryce continue to untangle them for you, hoping to fix the headache of finding investment grade suburbs and, in turn, crucial asset selection.

Let’s be honest: there’s obviously a lot to tell you.

We hope you like this one guys!

 

Resources mentioned in this podcast:

If you like this podcast: “Everything You Need To Know About Picking The Next Hotspot – Chat with Jeremy Sheppard”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: New Topics

25 (Part 1) | Everything You Need To Know About Picking The Next Hotspot – Chat with Jeremy Sheppard

We’ve been building this one up a bit haven’t we? But TODAY is the day we’ve got Jeremy Sheppard on the couch! Jeremy—himself an investor with 16 properties in his own portfolio—explains his years of passion in data collection, analysis and research into the levels of supply and demand (across every market and 15,000 suburbs in Australia). This passion pioneered the DSR Formula and the inception of DSRData.com.au.

 

How it works (nutshell):

Supply and demand are the only things that affect the future price of any good. If you know the exact level of supply and demand in a market, you can roughly predict its capital growth direction—up or down/making you money, or not.

But how do you identify the level, and how can specific variables influence the market’s movement?

 

There are 8 proven indicators that measures EXACTLY WHERE demand exceeds supply, honing in on where the capital growth lives.

And in PART ONE, 5 of the 8 key indicators will be explained by the boys. They are:

  1. Stock on Market
  2. Auction Clearance Rates
  3. Online Search Interest
  4. Days on Market
  5. Vacancy Rate (and how to calculate your own vacancy rate)

 

Just listen. We promise more gold than ever.

 

If you like this podcast: “Everything You Need To Know About Picking The Next Hotspot – Chat with Jeremy Sheppard”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: New Topics

124 | Q&A – 20 minutes Saved 20 Years of Regret, Investing in Airbnb, Property Spruikers, Buying Cash Flow Only and the Cost of Commission

Alright folks, it’s that time again … you ask, the boys answer!

After receiving a tabletop full of new topics, we’ve taken our que this week behind an anonymously-sent testimonial. Turns out an earlier podcast Why You Shouldn’t Invest in Property saved our listener from being “sold a lemon by a spruiker”! Yep. Unfortunately guys, the property spruikers are still out there, so Bryce & Ben will be answering similar questions on the red flags to look out for, like:

  • How to sniff out the so called “educators” and get your trust back
  • What your next move should be to fix bad property advice
  • How 20 minutes stopped 20 years of regret
  • What the consequences are with ‘fee for service’ and ‘working for commission’
  • Why the right asset selection can flip the spruikers on their heads
  • What the finance in the first two stages of property investing are
  • Why negative gearing is really only a moment in time
  • How long and how many properties do you need in the accumulation phase
  • What ‘buying only for cash flow’ is, and its risks and rewards
  • Investing in regional area and factors to consider
  • How to spot the difference between a genuine property educator vs a spruiker

and (SUPER TOPICAL)

  • Airbnb Investment: Is it worth considering them?

This is a goodie, especially for those who don’t want to feel the sting of bad investing!

(For those who want to know the website Ben talks about, it’s PIPA.)

 

The questions we’ve handpicked are from:

 

Listener Anonymous (as continued from their nightmare situation, which the boys will read out):

… We have about $200,000 of available equity, but we are now not sure what our borrowing power is as our previous broker was also linked to the spruikers and we don’t trust what they’ve told us. In your opinion, what should our next move be? Ideally we’d like to invest in Melbourne or Sydney but are not sure if it’s the right time to get into these markets.

 

Andy:

Can you guys talk about the finance in the first two stages of property investing? How do we go about understanding the numbers eg loans, consolidation and what is involved how everything works with the finance and loans, what to do with the loans from accumulation stages to consideration stages and onwards?

 

Jonathan:

Hi guys. I’ve recently started listening to your podcast and think it’s great. I’ve recently attended a seminar with ‘XYZ’ company, ‘XYZ’ Education they call themselves. Just wanted to know if you had heard anything about them? I understand there are many of these ‘mentors’ out there—those that are ‘fee for service’ and those that work off commission. These guys are the later. Any thoughts, comments would be greatly appreciated. Thanks in advance.

 

Kate:

What do you think about the idea of buying for cash flow only? I live in Adelaide and there are many areas within 60 – 90mins of Adelaide where you can buy quality character properties for less than $250,000. If only earning an average income, and planning to buy and hold for 15 – 20 years, do you think a larger portfolio of properties like this may be less risky than one or two closer to the CBD, which will have substantial holding costs?

 

Eddie Airbnb:

Hi. I am an avid listener to your podcasts and I started listening to them since 2015, but I have stopped for a year. I have recently bought another investment unit and have started listening to them again. I am currently at episode 51 and it is great because I can listen to them nonstop without having to wait for the next one to arrive in my podcast. Great work, I really enjoy your shows.
I have a question regarding Airbnb. I know it is not aligned with your property investing strategy and overall investing mantra. But recently, it has taken the property market by storm and there are many investors who are doing this to become positive cash flow. It is sort of the elephant in the room and there is a lot of talk about it out there, whether it is in high-rise holiday resort, or brick and mortar family homes. People are doing it. I have recently bought an apartment (yes: high rise, high density, tourist destination, lifts and caretaker) and so far I am cash flow positive, after netting all costs including cleaning, rates and body corporate. I only manage the bookings of the apartment and outsource everything to a cleaner who doubles up as my meet-and-greet host. I also have insurances to cover those times when needed, and I do everything above board.
I would like your views on how your look at Airbnb investment as part of an investment strategy—if it is something that you are interested at discussing.
Thanks.
If you like this Q&A episode (A Transitioning Market, Money, Habits, Tax Deductions and What It’s Really Costing You), don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. Any questions or ideas? Feel free to drop us your thoughts here: http://thepropertycouch.com.au/topics/

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