Property Investing Insights with Right Property Group

In Episode 61 of the Investing Insights podcast, our hosts Victor Kumar and Steve Waters from Right Property Group along with special guest Sze Chuah from MLS Finance discuss the five absolute finance musts to protect and enhance your borrowing capacity : 7.30 - Welcome to special guest Sze Chuah, MLS Finance. 8.30 - Changeover from responsible lending to responsible borrowing and what specific changes are looking to be made. 9.50 - Buyer confidence is high, preapprovals are high so longer application times. 12.09 - Many investors are deemed complex so they go to a separate queue as opposed to a first home owner. 13.44- Every finance application is in effect a business proposal. 16.35 - Really important to understand the type of finance you are getting . By working in with property partners you can get a better outcome. E.g. having the insights of the lenders and close collaboration is more so today in this market. 18.20 - Product Selection – don’t be soley rate orientated. The best rate isn’t necessarily the best for you and your portfolio. Rates are important though as they drive serviceability and repayments. 20.25 - People are under the impression that if they have equity they can uses it. No longer is it a foregone conclusion. Post APRA and Royal Commission lenders are scrutinizing the purpose for the equity releases. 21.05 More solution base lending. Many more considerations other than the rate. 22.07 - Offset – a super handy facility. A bank account linked to the home loan with a balance that reduces your interest. Instead of putting money in a high interest account you are saving what the interest rate is that your are paying. One of the best products in the finance eco system. Gives us the ability to dump money in and to be liquid. 27.48 – Lenders Mortgage Insurance (LMI) – 88% plus LMI sweet spot. 29.47 – reducing NON-DEDUCTIBLE DEBT. Minimizing credit cards, car loans, car leases etc as this affects serviceability. Investment debt is calculated more favourably. 32.20 Control the cash flow control the opportunity 33.01 a 60k car lease looking at about $1500per month approx taking around 300-400k of a mortgage – buy the car or buy a property. There are other options to car leases to maximise your borrowing capacity. You need to be tactical and methodical, what steps are you going to take today to enable to be in x position tomorrow. 37.36 REPAYMENT STRUCTURE from a property perspective with intent of a potential reno and flip needs to weigh up heavily with cash flow plan of the property must be considered – equity harvest etc, 39.56 Fixed / variable/ IO/ PI comes down to the plan for the property and also the banks policy / rues on for example harvesting equity 40.35 EQUITY HARVESTING and how it can benefit. Banks are deprioritizing those wishing to extract equity. Its about creating buffers and mitigation for the future. You have the money before you need it. Liquidity is such an essential part of any investment platform. Being ready, being opportunistic. Protecting your position 46.40 INCOME – Disposable income. Some lenders are good some not so good at different types of income eg with commissions. Brokers will understand the lenders products and policies and match what you are trying to achieve. Income is also about expenditure. Expenditure is the easiest way to increase income. Review of rents, adjust interest rates and the combination may allow for increased borrowing capacity. 52.59 LENDER SELECTION –ties everything together. The right lender will give you the element of all of the above right product for right rates. We hope you have enjoyed listening to this episode of the Investing Insights Podcast. Do you have a question? email questions@rightpropertygroup.com.au Book a blueprint session with us here- https://rightpropertygroup.com.au/blueprintsession/ For more information on how MLS Finance can assist you go to https://www.mlsfinance.com.au

On the resumption of the fifth season of Investing Insights with Right Property Group, Australians are being urged to ride through the ups and downs of the property game, with patient long-term investors likely to be rewarded over those vying for ‘overnight success’. In this episode, hosts Phil Tarrant, Steve Waters and Victor Kumar discuss how they first met a decade ago, why the property market is eerily similar today to what it was in 2011, and the lessons learnt over their journey together. The trio explore the growth in property over the last decade and how investors can use their previous success to take advantage of the current bull market.

In Episode 59 of the Investing Insights podcast, our hosts Victor Kumar and Steve Waters from Right Property Group discuss: The balance of Growth and Cash Flow, these are both very important in a property portfolio. They need to be balanced both for today and the future What you do now will set yourself up for the future. Market updates from Sydney and surrounds, Queensland, Victoria and Perth including lack of listings across the board and vacancy rates. Developing a portfolio that can pivot as your life changes. The planning process never stops! Regular portfolio reviews are key. The true investor invests during the good times and the bad. Make the best of the market as it is. Flexibility within your strategy is important. Cash flow is not all about income but also expenses. Cash flow management is key. You will hear all of this and much, much more in this episode of Investing Insights!

In Episode 58 of the Investing Insights podcast, our hosts Victor Kumar & Steve Waters from Right Property Group discuss the importance of laying the foundations, committing to fundamentals and understanding your finances is key to your success in property investing. - Agile not fragile investment - Number 1 rule in investing is - its very easy to to get into property however, its substantially harder and often more costly to get out. - Each property you purchase needs to have longevity and perform as though COVID didn't exist. - you never want to find yourself in an investment where you are stuck - Fundamentals are so important. Always consider your own situation and circumstances. What is good for another isn't necessarily good for you. - Beware of the media. There are so many factors at play that the headlines and narrative that is created. - Victor's quote of the day "You can't outsource your pushups". You can't pay someone to do your pushups for you to get you fit, you need to do them yourself. The same applies to due diligence. - Cash flow is the expansion joint which is needed to absorb the different movements in your portfolio. - Do you have your "get out of jail free" card? Things will go wrong. You need to be comfortable that your portfolio is able to weather the storms. - Regional areas- be aware of the sub par regionals and holiday areas. Are they a flash in the pan? You will hear all of this and much, much more in this episode of Investing Insights!

In this episode of Investing Insights with Right Property Group, Steve Waters, Victor Kumar and Phil Tarrant round up 2020 and reflect on events that impacted investing. The trio reflect on the onset of the COVID-19 crisis, opportunities in an uncertain market and the attitude shared by the best investors in the market. They also touch on the most recent federal election and how it left an imprint on property, comparing that with the COVID impact.

In Episode 56 of the Investing Insights podcast, our hosts Victor Kumar & Steve Waters from Right Property Group discuss how to use the festive season break to evaluate 2020 and prepare and plan for 2021. Key messages include: -The world as we know it has changed in 2020 with the shape of investing changing too. What has not changed are the fundamentals when it comes to property investing. - Its not just about buying a property, its also managing the property. rather than the popular term "Buy and hold", it is more a case of "Buy and manage" - Investing in property isn't a passive income generator as there is still an element of work required. - What we do now to manage our position will put us in good stead at the start of 2021. More so than previous years, the festive break is the time to pre-plan for 2021 and learn from the lessons of 2020 - work, finances and lifestyle. - Rolling decade - move and tack. Now, 3,5 and 10 years time. There are always adjustments you need to make . - Investors need to careful that their strategy doesn't pigeon hole them preventing further progress. - Its important to know what your position is at any given time. Get your baseline. - Depending on where you are be it acquiring, managing or the consolidation phase its a lonely journey when you are doing it yourself. - Being supported as part of a tight network will minimise giving up when hurdles come along. You will hear all of this and much, much more in this episode of Investing Insights! Are you ready to take the next step in your property investment journey, or simply need guidance on where to next, then book a blueprint meeting with Victor or Steve. Click here https://rightpropertygroup.com.au/blueprintsession/ Did you like this episode? Show your support by rating us on iTunes (Investing Insights) and by liking and following Right Property Group on social media: Facebook, Instagram, and LinkedIn. If you have any questions about what you heard today or any topics of interest you have in mind, feel free to email questions@rightpropertygroup.com.au

In this episode of Investing Insights with Right Property Group, Steve Waters, Victor Kumar and Phil Tarrant discuss buying in the GFC, property lessons, emotional investing and strategy. They also dive into predictability, finance and opportunities. They explore the history of Right Property Group and property investment, including strategies and opportunities now and in the future.

In Episode 54 of the Investing Insights podcast, our hosts Victor Kumar & Steve Waters from Right Property Group discuss the recent rate cut, US President elect and the trickle down affect to Australia, and how believe the truth or believe the data can impact your investment decisions. Tune in to hear them unpack: - Consumer sentiment shift - Now v GFC and the key similarities between the two - The Worlds reaction to a COVID-19 vaccine announcement by Pfizer, the impact on Australia and most importantly property. What does the future look like once the borders open globally? - President elect and the trickle down affect on Australia - Data in a dynamic market. Avoid being caught out using old data. - You can have all the data in the world, however for it to be truly useful you need to drill down further to ensure that even though the boxes may be ticked, does the property suit YOU and your circumstances. - NOW is the time to be prepared. Do your housekeeping including review your loans, assess your household budget and simply spending time reviewing where you are at. You will hear all of this and much, much more in this episode of Investing Insights! Are you ready to take the next step in your property investment journey, or simply need guidance on where to next, then book a complimentary blueprint meeting with Victor or Steve. https://rightpropertygroup.com.au/blueprintsession/ Did you like this episode? Show your support by rating us on iTunes (Investing Insights) and by liking and following Right Property Group on social media: Facebook, Instagram, and LinkedIn. If you have any questions about what you heard today or any topics of interest you have in mind, feel free to email questions@rightpropertygroup.com.au

The knock-on effects of the COVID-19 pandemic on Australia’s property market are comparable to the Global Financial Crisis (GFC), but are investors actually better off than ever? In this episode of Investing Insights with Right Property Group, Steve Waters, Victor Kumar and Phil Tarrant discuss the tangible outcomes they’ve witnessed since the pandemic was declared earlier this year, and compare this to the aftermath of the GFC and its impact on Australian property. Steve and Victor share why now is the time to buy for many investors, the information overload that puts buyers in a better position than ever and how to spot the dangers of a “would-be expert” when designing your investment strategy.

In this episode, our hosts Victor Kumar & Steve Waters from Right Property Group share their views on the recent media shift on the property market from doom to boom the federal budget, , and more! Tune in to hear them unpack: - key ingredients of the property pie in place for the first time since 2001/04 that piece together for strong growth surges in select markets - how speculation can end in "tragedy" as opposed to operating from a place of foundations and good strategy. - the responsible borrower and managing cashflow - the market between now and Chriustmas - vacancy rates and predictions over the next 18 months. You will hear all of this and much, much more in this episode of Investing Insights!