232 | Are All Tenants the Same?

By Ivise May 16, 2019 in Podcast

Subscribe On Itunes Subscribe On Android

Have you ever thought about WHO will be living in your investment property?

Chances are, you have! Because folks… an investment property is pretty useless without a tenant/s in it!! After all, you need these guys to help pay off your mortgage!

So. Are they all the same??

What TYPES of tenants are out there and what can you expect from each one?

Well, here’s the deal… we think there are FOUR tiers of tenants.

Let’s meet them, shall we?

Oh and FYI: Ben’s “Did You Know” is off the charts… we don’t think we’ve ever seen him this prepared in our podcast history — so make sure you stick around for that!!!

Resources mentioned in today’s show:

Ben’s History Lesson on Negative Gearing
Ben’s Article in the Financial Review (may be subscriber access only, sorry folks)
Ben’s Money Magazine Cover Story – Pay off Your Mortgage or Invest? (Subscribe to Money HERE)
PICA’s Webinar — Get the Replay — Sign up as a Member

Here’s what you’re in for…

How many rental dwellings existing in Australia?
What are the FOUR TYPES OF TENANTS??
Why are rents predicted to increase if Negative Gearing changes are implemented?
How much did rents increase in Sydney’s property market when the law was first changed?
What vacancy rate will give you an “exceptional” rent increase?
How long does it take to build a new dwelling?
Why does negative gearing impact supply and demand?
How long will the absorption of rental prices likely take?
What’s a “needs” renter versus a “choice” renter?
How many people divorce per year? (And what does this have to do with property investing?)
Why don’t tenants buy their own home?
What does the data suggest about who is migrating to our country?
What type of tenant is often overlooked?
Is the “Secret Subletter” ripping you off?

Loved the episode? You might also like:

033 | Q&A – Investing with Equity, First Home Buyers Tips, Buy-Reconstruct-Sell Strategy and Leasing to Relatives

By The Property Couch October 15, 2015 in Podcast, Q&A

Subscribe On Itunes Subscribe On Android

It’s Q&A time! In this episode, Bryce Holdaway and Ben Kingsley will be addressing some topics on:

Finance related question from Kat : Would you please explain more about using equity? E.g. I heard from a broker that one needs to refinance the loan on the existing property (PPOR or investment) – does this mean the old property and the new one to be purchased are tied together? Some suggest using Line of Credit to get equity out. To assess the equity available, does one first need to pay for a valuation report on the existing property?

Leverage question from Naomi : I am considering selling my investment property in order to pay off the mortgage on my family home leaving me debt free and with the ability to then use all the money I currently pay on the family home mortgage for investment purposes with tax deductible debt. Is this a good strategy? Is there a better alternative you would recommend?

Investing strategy questions from Andy : Investing for demolition and reconstruction vs capital gain. Is it worth buying an older property close to the coast however a little further out from the city to sit on with the view to demolish with a larger land size or to invest in a more expensive smaller property which could be a little closer to the city.

Buying a Home question from Tom : I’d love to hear a podcast on your advice to first home buyers – whether that be best ways to save for the deposit, traps to avoid, or some type of plan for young home buyers – for example I’ve just start work as a property valuer in Melbourne for the last 5 months, and my girlfriend of a few years finishes studies later this year and we have the hopes of buying our first home together in 18 months or so.

Investing question from Andrew : Guys, just wondering what your thoughts are on buying an investment property that is potentially going to be tenanted by a relative? A relative has their lease ending in a few months, and i see this as an opportunity to buy an investment with a secured tenant (all through the proper rental channels i.e REIQ rental agreement). I think the opportunity definitely outweighs the risks. What’s your thoughts?

Other episodes mentioned in this podcast:

Episode 20: Science of Asset Selection – The Buyer’s Decision Quadrant
Episode 23: Exit Strategy in Property Investment
Bryce and Ben’s Book – Pre-order here

If you like this Q&A episode, don’t forget to rate us at our iTunes channel (The Property Couch Podcast) and our Facebook page. Any questions or ideas? Feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/

031 (Part 2) | Checklist to Getting A Great Property Manager – Chat with Carolyn Wright

By The Property Couch October 1, 2015 in Podcast

Subscribe On Itunes Subscribe On Android

In this second part of Episode 31 with Carolyn Wright from Your Property Manager, we look at one of our listeners’ question on managing rental through the property manager, what to expect and how to deal with queries for maintenance.

As mentioned in Part 1, getting a good or bad property manager can make a big impact on your wealth position but what are the characteristics of a good property manager? Our hosts and Carolyn list out some of the key roles that a property manager should be doing and what kind of expectations investor should have when finding one. The first tip on this part is setting up the right rental rates. Property managers are in the market all the time, meeting both investors and tenants and having access to tools that provide those data. A good property manager will know what rate to list your property at that would make sure you get a fair market value and minimise your vacancy rate. Listen to this podcast to find out the rest of the checklist.

Free resources mentioned in this podcast:

Reasons why you should hire a Property Manager – Download here
Fear/Procrastination vs. Greed – The Balancing Act

If you like this podcast: “Checklist to Getting A Great Property Manager – Chat with Carolyn Wright”, don’t forget to rate us at 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: http://tpcaustralia.wpengine.com/topics/

What is Rentvesting and Is it for You?

By Ben Kingsley July 30, 2015 in Free Resources, Videos

In Episode 22 of this podcast, Bryce and Ben answers some of our listeners’ questions. One of the question is on Rentvesting and if it is a good option for property investors. There are a lot of investors out there who would like to continue renting in an area because they couldn’t afford the properties in that area. But at the same time, that shouldn’t stop their desire to invest their surplus money. How will it work?

Ben Kingsley – CEO & Founder; Property Investment Analyst and Advisor and current Chair of PIPA

Ben Kingsley is the Founding Director of Empower Wealth and Chair of Property Investment Professionals of Australia (PIPA). A qualified Property Investment Advisor (QPIA), Ben holds a Real Estate Agency License (QLD), a Diploma of Finance and Mortgage Broking Management, a Diploma of Business and has become one of Australia’s leading experts in property investing for wealth creation.

013 | Buy an investment property and continue renting or buy a home – Q&A Day!

By The Property Couch May 29, 2015 in Podcast, Q&A

Subscribe On Itunes Subscribe On Android

Right off the bat folks, a big THANK YOU to our listeners for all the questions they’ve sent in!

We’re excited to be answering a BUNCH of great questions in our FIRST EVER Q&A session!

We’ll be covering a lot of ground, from the crucial conversations you should be having before making ANY decisions to the type of research and data that’ll help you determine the best option for you. 📈

We’re also sharing our thoughts on the Government’s policies on negative and positive gearing, and explaining why removing negative gearing is actually a terrible idea!

Once again thank you to all our question submitters, we’re glad that this podcast has inspired you and we had tons of fun recording this one!

Listen in now folks, plenty of gold to help you make the right decisions.

P.s. In the future we are hoping to answer ALL of your questions, so please keep sending them in!

The Questions…

Dan and Ryan:

“Should we buy an investment property in a high growth location and keep renting, or move a bit further out and get something we can afford?”

Leah:

“Do you think the tax rules around negative gearing will change in the future, so as not to benefit those investing in multiple properties and how do you diversify your portfolio?”

Mark:

“How do you identify high disposable income suburbs and if you’re buying in a block of units, how do you work out if there are more owner-occupiers than renters in the building and area? Also, what do you think about dual living homes ie: granny flats?”

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 shows you which episodes you need to understand the basics! Or fill in the form below and we’ll email it to you right away!
- First Name
- Email
- Are you also interested to have a better understanding of your cashflow position via our FREE Money SMARTS Platform?
- Yes, I do! Send me my free access to Money SMARTS Platform too.
- Email
  This field is for validation purposes and should be left unchanged.
71291

Here’s some of the gold we cover…

0:37 – Dan and Ryan’s Question
2:15 – What you need to analyse first!
4:00 – Why you SHOULD consider renting in a lifestyle location
5:25 – The conversation you need to have…
6:21 – Leah’s Question
7:07 – The fundamentals of gearing
8:35 – What we predict for the future of negative gearing policy…
9:10 – How the Government gets its revenue
9:42 – Our questions to the Government on positive gearing tax
10:35 – Why removing negative gearing doesn’t work!
12:50 – How do you diversify your portfolio?
15:03 – Mark’s Question
15:45 – Where and how you can find the income story!
17:00 – Why you should focus on small blocks
18:29 – ALL the data we use
20:00 – When is it best to have a granny flat?
21:23 – Some gold from Bryce!

The Questions…

Free Stuff Mentioned:

Here’s some of the gold we cover…

Instagram

Free Resources

Footer

MONEY SMARTS SYSTEM