Everything Property

HECS Debt.Alot of us have one, but do you actually know how much you pay every year, how it affects your borrowing capacity and how the banks see it?Today's chat comes after a series of polls from our online audience revealed only 24-40% of viewers knew the correct answer regarding their HECS Debt. In todays episode, we discuss:- What is HECS debt, why do we have it and what it stands for- The criteria for having to pay it back- How much HECS you pay compared to your salary (as a % and $)- What is indexation, how it is applied and how it affects you- The 11 month rule- How much your HECS debt AFFECTS your borrowing capacity!!!!!!! (Hint - it's more than the HECS debt amount)- Rule of thumb to calculate how much its affecting how much you can borrow- I share my thoughts around what to consider before you pay it off- Plus much more!Don't forget to check out the summary post on our Instagram.We just launched Youtube!YOUTUBE: https://www.youtube.com/@everythingproperty_auFacebook: facebook.com/everythingproperty.auInstagram: www.instagram.com/everythingpropertyLinkedIn: linkedin.com/everythingpropertyWebsite (Coming soon)Disclaimer: The topics, conversation, opinions and discussion provided in this episode  are general in nature. As a listener you should not take or use the information discussed as financial advice. Everything Property and its associates recommend that you always engage in independent financial advice before making any investment or purchasing decision. 

Guarantor - it's not a dirty word.Today's chat with Mortgage Broker Stu Patterson from Cloud Canyon we discuss the intricacies of being a Guarantor and it turns out information is all you need in order to make in informed decision. What we discuss includes:- Who can be a guarantor- When is one needed- What are the terms and conditions around your guarantors home and financial situation- Is a guarantor for life? When does it stop?- How much money can it save you?- Plus much more!To connect with Stu, reach out to him on Instagram:https://www.instagram.com/cloudcanyonau/?hl=en Don't forget to check out the summary post on our Instagram.We just launched Youtube!YOUTUBE: https://www.youtube.com/@everythingproperty_auFacebook: facebook.com/everythingproperty.auInstagram: www.instagram.com/everythingpropertyLinkedIn: linkedin.com/everythingpropertyWebsite (Coming soon)Disclaimer: The topics, conversation, opinions and discussion provided in this episode  are general in nature. As a listener you should not take or use the information discussed as financial advice. Everything Property and its associates recommend that you always engage in independent financial advice before making any investment or purchasing decision. 

This week is an exciting episode, we interview Redom Syed from Confidence Finance on how to increase your borrowing capacity. Let's face it - every dollar counts these days and if you can increase your borrowing capacity by as little as $10-50k, then that just might mean you don't miss out on your next property purchase. I gained so much insight from this episode and I hope you do to. Redom has been consistently in the top 100 mortgage brokers Australia wide, and in this episode he shares his thoughts and opinions on:- Why he HATES having cash- How Banks calculate borrowing capacity- The minimum expenses banks use top calculate your borrowing capacity- The impact a $10k salary increase has on your borrowing capacity- How HECS can hurt you- Bad debt like credit cards, car loans and personal loans affect your borrowing capacity more than you think.- PPR vs Renting and the implications of each.- Why 125 is the magic number- Plus much more!To connect with Redom, search him up on linkedin or check out his website at:https://www.confidencefinance.com.au/Don't forget to check out the summary post on our Instagram.We just launched Youtube!YOUTUBE: https://www.youtube.com/@everythingproperty_auFacebook: facebook.com/everythingproperty.auInstagram: www.instagram.com/everythingpropertyLinkedIn: linkedin.com/everythingpropertyWebsite (Coming soon)Disclaimer: This episode is not financial advice. 

On this weeks episode we speak to young gun and ELITE performer Zac Rabin, Associate Director at The Rubinstein Group (TRG). Zac shares his story that started with consistent suspensions at school and has lead him to working with one of the best real estate groups in the country.We cover a bunch of topics which include:- How Zac transitioned from school and into one of the most competitive real estate markets in the country.- The do's and don't of prospecting- What made him join TRG- How he got to be a Ray White Elite performer within months- Difference between good and great agents- Dealing with burn out- Key ingredients to success and his top tips for other young agents- Plus much more!To connect with Zac or anyone from the TRG team - head over to https://therubinsteingroup.com/ Don't forget to check out the summary post on our Instagram.YOUTUBE: https://www.youtube.com/@everythingproperty_auFacebook: facebook.com/everythingproperty.auInstagram: www.instagram.com/everythingpropertyLinkedIn: linkedin.com/everythingpropertyWebsite (Coming soon)Disclaimer: The topics, conversation, opinions and discussion provided in this episode  are general in nature. As a listener you should not take or use the information discussed as financial advice. Everything Property and its associates recommend that you always engage in independent financial advice before making any investment or purchasing decision. 

WELCOME BACK!Todays episode marks one quarter of the way to the big hundred episode - boy oh boy I can't wait...For this episode I'm pleased to announce that it is now live on Youtube for you to be able to watch my theatrics as I interview the recently awarded #1 Buyers Agency owner in the country - Arjun Paliwal.In this episode we cover a multitude of topics including:- Arjuns early years working a 9-5 job- The passive income amount he had from his portfolio that allowed him to quit his job- Starting Investorkit and the 5 year journey to becoming the #1 Buyers Agent in Australia- Building a company and the importance of teamwork- Why use a buyers agent- Why you shouldn't use a buyers agent- Common mistakes investors make- When to get into Commercial property- Current size of Arjun's portfolio- Plenty more tips and tricks from his time investing! Be sure to check out Arjun and his teams work over on https://www.investorkit.com.au/ for whitepapers, research and great property related content.Don't forget to check out the summary post on our Instagram.YOUTUBE: https://www.youtube.com/@everythingproperty_auFacebook: facebook.com/everythingproperty.auInstagram: www.instagram.com/everythingpropertyLinkedIn: linkedin.com/everythingpropertyWebsite (Coming soon)Disclaimer: The topics, conversation, opinions and discussion provided in this episode  are general in nature. As a listener you should not take or use the information discussed as financial advice. Everything Property and its associates recommend that you always engage in independent financial advice before making any investment or purchasing decision. 

First Home Guarantee  (FHBG) Explained.Did you know that you can get into the market with as little as 5% deposit without needing your mum or dad to go guarantor? Instead, the National Housing Finance and Investment Corporation (NHFIC) will guarantee the rest of the loan for you to the bank.There is a price cap on this guarantee though, to check the eligibility of the postcode you're looking in - checkout the postcode search tool below:https://www.nhfic.gov.au/support-buy-home/property-price-capsIn just over 10  minutes, you'll learn the following from this episode.- What is the First Home Guarantee and how does it work- Which type of assets can you buy under this guarantee- Implications buying with a partner- Eligibility criteria- How/where to apply- The income threshold applicable to this grant- Plenty of other sneaky little points to make sure you qualify!Don't forget to check out the summary post on our Instagram.Facebook: facebook.com/everythingproperty.auInstagram: www.instagram.com/everythingpropertyLinkedIn: linkedin.com/everythingpropertyWebsite (Coming soon)Disclaimer: The topics, conversation, opinions and discussion provided in this episode  are general in nature. As a listener you should not take or use the information discussed as financial advice. Everything Property and its associates recommend that you always engage in independent financial advice before making any investment or purchasing decision. 

File this weeks podcast under - 'Episodes made for friends who ask my property related questions' as todays episode dives into:The NSW Government Scheme - First Home Owner GrantIn 10 short minutes, you'll learn the following:- What it is and how much you can potentially received- Which assets classes the grant is related too- Implications buying with a partner- Eligibility criteria- How you could STILL be eligible if you're owned a property!- How/where to apply- The income threshold applicable to this grant- Plenty of other sneaky little points to make sure you qualify.To check if you're eligible for this (or other grants) click the link below and go through the questionnaire:https://www.nsw.gov.au/housing-and-construction/home-buying-assistance/eligibility-assessmentDon't forget to check out the summary post on our Instagram.Facebook: facebook.com/everythingproperty.auInstagram: www.instagram.com/everythingpropertyLinkedIn: linkedin.com/everythingpropertyWebsite (Coming soon)Disclaimer: The topics, conversation, opinions and discussion provided in this episode  are general in nature. As a listener you should not take or use the information discussed as financial advice. Everything Property and its associates recommend that you always engage in independent financial advice before making any investment or purchasing decision. 

I've said it before and I'll say it again, if you're in the property game without a mortgage broker, you're losing time and money!On this episode Stu joins me to chat about the main reasons why you need to use a mortgage broker not to mention that their service is 100% FREE, there's also a bunch of other reasons that will save you as a home owner or investor time and money.If you'd like to connect with Stu, head over to his business instagram page below:https://www.instagram.com/cloudcanyonau/Don't forget to check out the summary post on our Instagram.Facebook: facebook.com/everythingproperty.auInstagram: www.instagram.com/everythingpropertyLinkedIn: linkedin.com/everythingpropertyWebsite (Coming soon)Disclaimer: The topics, conversation, opinions and discussion provided in this episode  are general in nature. As a listener you should not take or use the information discussed as financial advice. Everything Property and its associates recommend that you always engage in independent financial advice before making any investment or purchasing decision. 

If you're wondering how much it costs to own an investment property OR you already own one and want something to compare your expenses too, then this is the podcast for you.In this episode, I breakdown the income and expenses of an investment property I bought back in 2019 in South West Sydney, the reason for each expense and when/how it is paid, including but not limited to:Maintenance, professional photos, management fees, rates, utilities, interest and insurance.Don't forget to check out the summary post on our Instagram.Facebook: facebook.com/everythingproperty.auInstagram: www.instagram.com/everythingpropertyLinkedIn: linkedin.com/everythingpropertyWebsite (Coming soon)Disclaimer: The topics, conversation, opinions and discussion provided in this episode  are general in nature. As a listener you should not take or use the information discussed as financial advice. Everything Property and its associates recommend that you always engage in independent financial advice before making any investment or purchasing decision. 

You've probably heard it once or twice before..."Property is a game of finance"It's true, so what better way to dig a little deeper than to talk to Mortgage Broker Stu Patterson from CloudCanyon about how and why he got into the mortgage broking game and the roll they play for first home buyers and property investors. There are some gems in this episode, especially around the guarantor for first home buyers that I personally wasn't aware of. If you took some value, let me know aswell!If you'd like to connect with Stu, head over to his business instagram page below:https://www.instagram.com/cloudcanyonau/Don't forget to check out the summary post on our Instagram.Facebook: facebook.com/everythingproperty.auInstagram: www.instagram.com/everythingpropertyLinkedIn: linkedin.com/everythingpropertyWebsite (Coming soon)Disclaimer: The topics, conversation, opinions and discussion provided in this episode  are general in nature. As a listener you should not take or use the information discussed as financial advice. Everything Property and its associates recommend that you always engage in independent financial advice before making any investment or purchasing decision.