The Property Couch

What do McDonald’s and churches have in common?For starters, they understand what underpins property prices! And not only are we about to dive deep on this in today’s Q&A, we’re also going to tell you exactly why property is a different beast to other economic markets across the country!‘Cos here’s the deal folks…… we got some very, ahh, ‘unedited’ feedback from Ryan about eight weeks ago — which was obviously right in the height of COVID-19 fear.  And instead of running away from this stuff, we’re going to tackle it head on. Maybe you might have similar thoughts in the back of your mind too!? So make sure to check it out. And of course, as AFL supporters, we cannot forget about the Big Freeze!Although there are a bit of disruptions in the AFL schedule, Big Freeze 6 is still going ahead! Founded in 2014, FightMND was established with the purpose of finding effective treatments and ultimately a cure for Motor Neurone Disease. Here’s the link to the Big Freeze!! Donate here >. On top of that, we’re also answering a whole bunch of listener questions, like…How to extend or refinance interest-only periodsUnderstanding demographics and median incomeSelling your current property to afford a new (and better) oneRecognising variances in data estimates and actual purchase priceHow the wealth effect affects the economyLISTEN TO THE FIRST 20 EPISODES HERE >> MOORR MONEY MANAGEMENT APP: 👉 Apple: https://apple.co/3ioICGW 👉 Google Play: https://bit.ly/3OT86bW 👉 Web platform: https://www.moorr.com.au/ FREE MASTERCLASS:- How to Build a Property Portfolio and Retire on $2,000 a week >> FREE BEST-SELLING BOOKS: - The Armchair Guide to Property Investing - Make Money Simple Again FIND US HERE: - Website - Instagram - Facebook - Youtube

Most states have now eased their restrictions… so what should we expect in today’s RBA Board meeting?First things first…“Is Australia swaying on an economic and property cliff?”Ben will give you insights into the latest data and address what we’ve seen locally and globally as the world navigates its way through COVID-19.Free Resources mentioned in this Update:Parliament speech on Senate Select Committee on COVID-19: Download transcript here >CPB World Trade Monitor: Find out more here >ABS Business Indicators, Business Impacts of COVID-19, May 2020 – Find out more here >ABS Weekly Payroll Jobs and Wages in Australia, Week ending 2 May 2020 – Find out more here >CoreLogic Monthly Property Index – Find out more here >What’s discussed in this Update?The Australian Government BlunderThe most concerning data coming outAn Update of COVID-19 CasesThe US Economy + Problems For TrumpThe Equity MarketsThe retail spending over the last monthUnemployment LevelsCredit GrowthConsumer confidenceProperty Market NewsLISTEN TO THE FIRST 20 EPISODES HERE >>MOORR MONEY MANAGEMENT APP: 👉 Apple: https://apple.co/3ioICGW 👉 Google Play: https://bit.ly/3OT86bW 👉 Web platform:  https://www.moorr.com.au/     FREE MASTERCLASS: - How to Build a Property Portfolio and Retire on $2,000 a week >>FREE BEST-SELLING BOOKS: - The Armchair Guide to Property Investing - LISTEN TO THE FIRST 20 EPISODES HERE >> MOORR MONEY MANAGEMENT APP: 👉 Apple: https://apple.co/3ioICGW 👉 Google Play: https://bit.ly/3OT86bW 👉 Web platform: https://www.moorr.com.au/ FREE MASTERCLASS:- How to Build a Property Portfolio and Retire on $2,000 a week >> FREE BEST-SELLING BOOKS: - The Armchair Guide to Property Investing - Make Money Simple Again FIND US HERE: - Website - Instagram - Facebook - Youtube

Did you know that “Property Professor” Peter Koulizos INVESTED during multiple Australian recessions? And now, in the wake of COVID-19 he is STILL adamant that property is a safe bet!So, what can we learn from one of Australia’s leading property experts who’s actually lived through The 70’s Recession, The 80’s Recession, The 90’s Recession and The GFC?? What can we take away from someone who invested in almost all of them?!Today, we’re welcoming back Peter K, no stranger to The Couch! As well as being none other than the Property Professor as the Program Director of the Master of Property at The University of Adelaide, he is also the Chair of Property Investment Professionals of Australia and is widely regarded for his insights into Australian property market; including everything from gentrification to property development!Free Stuff…PICA and PIPA – COVID-19 Investor Sentiment Survey: Download hereOptimism and Pessimism by Max Roser and Mohamed Nagdy: Read hereAuction Clearance Rates: Read hereDistressed Selling: Read hereImmigration’s Impact on Australia’s Economy: Read hereFirst Home Buyer Grants: Find out moreEpisode 285 | “Catching a Falling Knife” Is investing in Commercial Real Estate a good idea right now? LISTEN TO THE FIRST 20 EPISODES HERE >> MOORR MONEY MANAGEMENT APP: 👉 Apple: https://apple.co/3ioICGW 👉 Google Play: https://bit.ly/3OT86bW 👉 Web platform: https://www.moorr.com.au/ FREE MASTERCLASS:- How to Build a Property Portfolio and Retire on $2,000 a week >> FREE BEST-SELLING BOOKS: - The Armchair Guide to Property Investing - Make Money Simple Again FIND US HERE: - Website - Instagram - Facebook - Youtube

If we could go back and invest in property all over again, what would we do differently?!Well, for one, Bryce probably wouldn't have bought a Harley Davidson!!Folks, this is exactly the stuff we’re unpacking today – the Top 10 Tips we’d tell our “20-something” year-old selves BEFORE we purchased our first property!To give you an idea… Ben purchased his first property at 23 & Bryce at 24. So, if we fast forward a couple of decades to where we are now – two of Australia’s leading property experts, each with a multimillion-dollar property portfolio — what would we go back in time and tell ourselves? ‘Cos, let’s be real, it was anything but a “walk in the park” – and we both made some really stupid and regretful decisions to get where we are now! And we’re sharing these, ahh, “rookie errors” with you so you can AVOID them yourself… or — if like us, you didn’t know you were doing the wrong thing – help you course-correct quickly!!And folks, we’re NOT proud of how we’ve learnt some of these tips. Sure, some of us have to “learn things the hard way” and, while it’s all “part of our journey”… we really suggest you learn from our “if only we knew this…”!Almost always, wealth creation comes from modelling those who’ve achieved the results you’re after, but here’s another bonus tip… wealth creation comes much easier when you learn about the mistakes SECOND-HAND. Enjoy the Top 10 Tips — we’re super excited to share these with you, even if we feel a bit vulnerable doing it!LISTEN TO THE FIRST 20 EPISODES HERE >> MOORR MONEY MANAGEMENT APP: 👉 Apple: https://apple.co/3ioICGW 👉 Google Play: https://bit.ly/3OT86bW 👉 Web platform: https://www.moorr.com.au/ FREE MASTERCLASS:- How to Build a Property Portfolio and Retire on $2,000 a week >> FREE BEST-SELLING BOOKS: - The Armchair Guide to Property Investing - Make Money Simple Again FIND US HERE: - Website - Instagram - Facebook - Youtube

You’ve probably heard Commbank’s “warning” that property prices could drop by “a third” as a result of the unemployment levels due to COVID-19.You’ve probably ONLY seen this scary number come out of their March Quarter 2020 Trading Update, though right?Probably because it’s the ONLY number being reported in the headlines!!!But what’s really interesting is there’s a whole lot of OTHER scenarios that the Commonwealth Bank of Australia also modeled… and… guess what? Yep, you’re only getting the clickbait answer!So, in today’s Q&A, we’re going to let you in The Best & The Worst-Case scenarios, and what Commbank actually believes is most likely to happen with property prices, according todata.After that, we’re going through a fair few questions that have also come in over the last two weeks!Plus, Ben’s also introduced a BRAND-NEW SEGMENT — “What’s Making Property News” — and you can just imagine how excited he is, right?!We tick off quite a few boxes in this episode folks, so definitely tune in if you’re keen to hear what we can likely expect between now and 2022, and also get some current property, finance, money management and COVID-19answers!Free StuffPICA COVID-19 Sentiment Survey (literally takes 2 mins to do, folks!Free PDF: COVID19 Property Risk Regions – Property markets most at risk due to COVID unemployment ]Leave us your review HERE for your chance to WIN FREE ACCESS to our online course (it doesn’t matter if the review is good or bad, you still get the chance to win )TPC MyWealth Portal – Money SMARTS, Money FIT & Money Stretch (coming soon!)Like Us On Facebook (to see us go through every single chapter of The Armchair Guide To Property Investing – How to retire on $2,000 a week!Get Your Free Book Here – TAGPI (just pay shipping)Get Your Free eBook Here – MMSALISTEN TO THE FIRST 20 ELISTEN TO THE FIRST 20 EPISODES HERE >> MOORR MONEY MANAGEMENT APP: 👉 Apple: https://apple.co/3ioICGW 👉 Google Play: https://bit.ly/3OT86bW 👉 Web platform: https://www.moorr.com.au/ FREE MASTERCLASS:- How to Build a Property Portfolio and Retire on $2,000 a week >> FREE BEST-SELLING BOOKS: - The Armchair Guide to Property Investing - Make Money Simple Again FIND US HERE: - Website - Instagram - Facebook - Youtube

Is the “home office” the future office? Coronavirus has changed the face of many businesses – entire companies are now working from home, retail shops have switched to online selling and others, like cafés and restaurants, have simply “shut up shop”, either temporarily as they wait for the storm to pass, or permanently.So it begs the question… is investing in COMMERCIAL property still a good idea?Well, returning to the Couch is Scott O’Neill, Founder and Director of Rethink Investing, a buyers agency that specialises in both commercial and residential real estate! Yep, we first heard from him back on Episode 230 | From Residential to Commercial Investing: How this guy quit his Day Job at 28 … and today we’re in for a very special treat as Scott walks us through the key themes unfolding in the office, retail and industrial space… PLUS, he gives us his expert opinion on the “new normal” in commercial real estate, so our folks interested in investing in commercial property know what to aim for, what to avoid and how to find the right commercial properties!Oh, and Scott even manages to sprinkle in a few nuggets of gold on residential real estate too!This is a fascinating and knowledge-backed episode that really sinks in a few key messages – and not just for our commercial property investors, but also for the rest of us who simply want to navigate this coronavirus and learn investing best practices!Free StuffEveryone Matters in Real Estate by REINSW >LEGO Masters on 9Now >More info and registration for the Job Keeper Package >Ben’s RBA Cash Rate May 2020 here >A FREE copy of one first best-seller, The Armchair Guide to Property Investing here >LISTEN TO THE FIRST 20 EPISODES HERE >> MOORR MONEY MANAGEMENT APP: 👉 Apple: https://apple.co/3ioICGW 👉 Google Play: https://bit.ly/3OT86bW 👉 Web platform: https://www.moorr.com.au/ FREE MASTERCLASS:- How to Build a Property Portfolio and Retire on $2,000 a week >> FREE BEST-SELLING BOOKS: - The Armchair Guide to Property Investing - Make Money Simple Again FIND US HERE: - Website - Instagram - Facebook - Youtube

It’s the full month after Australia’s social restrictions so… what should we expect in today’s RBA Board meeting?One thing for sure, the cash rate remains at 0.25% and while there isn’t too much of a surprise there, Ben is about to walk you through the THREE CRITICAL THEMES unfolding with regards to the direction, outlook and recovery of the economy; both here in Australia and globally.Free Resources mentioned in this Update:Ben’s Blog on ‘Talking Up’ Property or Subject Matter Knowledge? – Property Prices in the Short Term: Read hereRBA Economic and Financial update: https://www.rba.gov.au/speeches/2020/sp-gov-2020-04-21.htmlIMF Real GDP Growth in 2020: https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLDWhat’s discussed in this Update?Distressed Selling in PropertyWhat Property Type is MOST at Risk Right NowWhen Can The Economy Expect To “Bounce Back”?US Economic NewsChinese Economic ActivityAustralian Politics — And What This Will Mean For Property Investors, Home Owners and First Home BuyersAustralian Economy Update & Future OutlookUnemployment (where’s it sitting & where it’s looking to go…)Retail SalesWhat Australian Banks Are Doing Right NowCredit Growth & Dwelling ApprovalsWhat To Watch Out For In The Coming Months… (especially regarding self-isolation bans and property predictions)This is another BIG RBA ANNOUNCEMENT with everything going on at the moment, but it’s definitely in your BEST interest to watch so you stay up-to-date with what’s currently happening! LISTEN TO THE FIRST 20 EPISODES HERE >>MOORR MONEY MANAGEMENT APP: 👉 Apple: https://apple.co/3ioICGW 👉 Google Play: https://bit.ly/3OT86bW 👉 Web platform:  https://www.moorr.com.au/     FREE MASTERCLASS: - LISTEN TO THE FIRST 20 EPISODES HERE >> MOORR MONEY MANAGEMENT APP: 👉 Apple: https://apple.co/3ioICGW 👉 Google Play: https://bit.ly/3OT86bW 👉 Web platform: https://www.moorr.com.au/ FREE MASTERCLASS:- How to Build a Property Portfolio and Retire on $2,000 a week >> FREE BEST-SELLING BOOKS: - The Armchair Guide to Property Investing - Make Money Simple Again FIND US HERE: - Website - Instagram - Facebook - Youtube

“Kyal & Kara” Demmrich became household names after the humble chippy & physio joined The Block back in early 2014 for their Fan Vs Favs series. And when that popular reality program was over, the courageous renovation-lovers decided to do it ALL again – this time on Reno Rumble in April 2015!And now, with their own successful Design & Construction business, Diverse Design & Build, and tackling their own Renovation Series, Kyal and Kara are a near-perfect example of what it’s like to renovate, raise kids, run a business and not lose your mind in the process!In fact folks, we’ve ‘gotta hand it to them – this couple is remarkably positive, healthy and staying ahead of the game!!And guess what’s even more surprising? We actually interviewed them during “The Week They Never Want to Repeat!!”So. What’s their secret?And what Renovation Tips could the rest of us benefit from?! (Maybe BEFORE you “do a Ben” and challenge your sanity by renovating the family home! Free Stuff MentionedKyal and Kara – The Block Audition VideoBlue Lagoon Build (Kyal & Kara’s Renovation Series)Episode 132 | Josh and Jenna from The Block! New things for this Bickering Couple and their Tiny House Movement in AustraliaFree Report: Top Tips on How To Master the Foundational PIllars in Pandemic Times or just fill in the form below and we’ll email you the PDF right away!LISTEN TO THE FIRST 20 EPISODES HERE >>MOORR MONEY MANAGEMENT APP: 👉 Apple: https://apple.co/3ioICGW 👉 Google Play: https://bit.ly/3OT86bW 👉 Web platform:  LISTEN TO THE FIRST 20 EPISODES HERE >> MOORR MONEY MANAGEMENT APP: 👉 Apple: https://apple.co/3ioICGW 👉 Google Play: https://bit.ly/3OT86bW 👉 Web platform: https://www.moorr.com.au/ FREE MASTERCLASS:- How to Build a Property Portfolio and Retire on $2,000 a week >> FREE BEST-SELLING BOOKS: - The Armchair Guide to Property Investing - Make Money Simple Again FIND US HERE: - Website - Instagram - Facebook - Youtube

As each State Govt rushes to respond to this health crisis, we strive to update our community on the most recent changes relating to residential real estate as well. And this update is no different.This time, we’ll be unpacking the New Residential Rent Relief Grant released by the WA Govt last week on the 23rd of April 2020! The WA State Government is making available $30 million for grants of up to $2,000 for Western Australian residential tenants who lost their jobs on or after 20 March 2020 and are facing financial hardship due to the COVID -19 pandemic.Here to fill us in on the details is Damian Collins, President of REIWA, the Founder and Managing Director of Momentum Wealth and also the Chairman of commercial property funds management business, Mair Property Funds.In this short update, we’ll be covering these questions:How are WA landlords and renters affected by a moratorium on evictions?If there is any Land Tax Relief for Property Owners?Can rent be increased during the emergency period?What is the emergency period?What constitutes Financial Hardship and what documents are needed?Can a renter ask to reduce their rent payments?For more questions relating to WA Rent Relief Grant, please refer to this website: https://www.commerce.wa.gov.au/consumer-protection/residential-tenancies-covid-19-responseAnd of course, if you’re a tenant and are currently facing financial difficulties due to COVID-19, we strongly recommend you to check out the New Residential Rent Relief Grant by the WA Govt here to apply for the grant. Free ResourcesResidential tenancies – Western Australia COVID-19 responseWA Govt. Residential Rent Relief Grant SchemeBecome A PICA MemberLISTEN TO THE FIRST 20 EPISODES HERE >> MOORR MONEY MANAGEMENT APP: 👉 Apple: https://apple.co/3ioICGW 👉 Google Play: https://bit.ly/3OT86bW 👉 Web platform: https://www.moorr.com.au/ FREE MASTERCLASS:- How to Build a Property Portfolio and Retire on $2,000 a week >> FREE BEST-SELLING BOOKS: - The Armchair Guide to Property Investing - Make Money Simple Again FIND US HERE: - Website - Instagram - Facebook - Youtube

And so our theme of chatting with the Presidents of the property markets across the country continues! Here to tell us what’s happening in Bryce’s hometown (Perth ) and the best strategy a property investor should adopt in WA, is… Damian Collins, President of REIWA – the Real Estate Institute of Western Australia! The last time we checked in with Damian was waaay back in Episode 73… and there’s been more than a few changes in the WA property market between then and now… plus, even more news since COVID-19 came on the scene! A bit about today’s guest… Damian has served on the REIWA Council since 2011 and was elected President of the Institute in 2018. He’s been an active investor for over 25 years and is ALSO the Founder and Managing Director of Momentum Wealth  – a Perth-based property investment consultancy. As well as all this, he’s also the Chairman of a commercial property funds management business, Mair Property Funds. We tackle the big question… Should a Buy & Hold Property Investor actually invest in Western Australia? This one is for our WA folks… and those interested in what’s happening on the grounds in the Perth property market… Pre-COVID-19 During COVID-19 Post-COVID-19 Free Stuff Episode 73 | Building a property portfolio in a tough market – Chat with Damian Collins Episode 256 | From Gold Mine To Fool’s Gold: How This Property Investor Nearly Lost It All During The WA Mining Boom! – Chat with Rick Hockey Property Investors Council of Australia (PICA) – Become a Member Today And of course, our Free Report on the Top Tips on How To Master the Foundational PIllars in Pandemic Times! Just fill in the form below and we’ll email it to you right away.LISTEN TO THE FIRST 20 EPISODES HERE >>LISTEN TO THE FIRST 20 EPISODES HERE >> MOORR MONEY MANAGEMENT APP: 👉 Apple: https://apple.co/3ioICGW 👉 Google Play: https://bit.ly/3OT86bW 👉 Web platform: https://www.moorr.com.au/ FREE MASTERCLASS:- How to Build a Property Portfolio and Retire on $2,000 a week >> FREE BEST-SELLING BOOKS: - The Armchair Guide to Property Investing - Make Money Simple Again FIND US HERE: - Website - Instagram - Facebook - Youtube