The Property Couch

Well, folks — Australia’s officially had their say after Saturday’s voting spree… and The Coalition are holding tight on its power for another term! Which surprised a lot of us. BUT there is a silver lining…… Negative Gearing has survived another day!!Which basically means… NO dumb policy is about to cripple the property market any time soon!!But the question remains… what are we in for now??Joining us today is Angie Zigomanis, Senior Manager at BIS Oxford Economics and he’s got his binoculars pointing to the horizon… because the data he’s been scrutinising is exposing a LOT about what we’re about the see unfold in the property market!The big picture??Off the Plan properties…. !!!Resources mentioned in today’s show:The Perils of Buying Off the Plan articleQBE Australian Housing Outlook forecast report from Angie and his teamOh, and if you’re around tonight folks, tune in to Escape From the City — Bryce is on ABC TV TONIGHT at 8:00PM!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 AgainFIND US HERE: - Website - 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

Have you ever thought about WHO will be living in your investment propertyChances 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 GearingBen’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 MemberLoved the episode? You might also like:Episode 082 | Q&A – Great tenants vs higher rents, Investing in property overseas, Managing leverage and moreEpisode 189 | Q & A – Vic Residential Tenancy Changes and “Legoland” in a Good LocationEpisode 227 | Exposed: “Dodgy Data” Driving Labor’s Negative Gearing PolicyLISTEN 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

Have you ever wanted to know how the changes to negative gearing will affect YOU???Because folks, let’s face it… Labor’s policy to turn the lights out on negative gearing isn’t just going to affect the property market and potentially the ENTIRE Australian economy… the policy IS going to impact property investors, whether we like it or not.So we want you to be prepared and know what’s coming our way! And that’s why earlier in the week, we asked our Facebook Tribe, “What’s your #1 Question on Negative Gearing?”And, as you can imagine, today we’re going to be answering as many of these questions (there were LOTS) as humanly possible (well, without having this episode drag on for a day and a half!)We’ll also be covering WHAT EXACTLY Labor is proposing to change, when these changes are officially kicking in, how it impacts the losses you can claim etc. etc. etc….. And PICA is also throwing a webinar TONIGHT at 7:00PM Thursday 9th May including a Market Update from Tim Lawless, Director of Research at CoreLogic as well as a deep dive into Negative Gearing and Labor’s policy. To watch, you need to be a PICA Member (or become a member for $5) — If you want to watch, you can find out more about the PICA webinar HERE.FREE RESOURCES MENTIONED:To Access Ben’s Negative Gearing Series CLICK HERETo Get Ben’s Latest RBA Cash Rate Announcement CLICK HEREWe’ve announced the winner for our Denise Book Giveaway! Brook Lyn, if you’re reading this, please get in touch with us on Facebook or info@thepropertycouch.com.au. And for the rest of you who participated, thank you so much as well! We’d love to give you a copy of our newest best-seller, Make Money Simple Again. Just get in touch with us with your name and best postal address and we’ll send it to you!LISTEN TOLISTEN 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

With zero inflation for the quarter and an upcoming election, this month’s RBA Cash Rate is probably one the most interesting ones we’ve had for a while!It’s that time of the month again which means the RBA Board has met and announced the official cash rate.And wow! There must be an intense discussion going on within the board. Here’s a quick update on what’s been happening:The inflation numbers for the March quarter are out and yes, we’ve got zero inflation which brings the annualised inflation rate to 1.3%.The 2019 Federal Election is less than a fortnight away – May 18th!CoreLogic has just released Australia’s Dwelling Values for Apriland more! Tune in to the podcast to find out 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 AgainFIND US HERE: - Website - Instagram - Facebook - YoutubeLISTEN 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

Folks, if you’ve sussed out the title, you’ll know that today we’re visiting a space we don’t normally explore — and that’s investing in COMMERCIAL property!If you’re a regular listener, you’ve definitely cottoned on to the fact that we obviously have an agenda towards residential investing but our bias doesn’t necessarily mean that you can’t reach success by other means of investing.And walking proof of this is Scott O’Neill, Founder and Director of Rethink Investing who is an experienced and active investor who was able to RETIRE FROM HIS DAY JOB AT 28! Yep, VERY impressive. And he did it by investing in both residential property AND commercial property — mostly including well-selected unit blocks and small businesses that’ll likely be around for years to come.With a portfolio of 28 properties, Scott’s passion and commitment have paid off in spades — he and his wife were able to take a 6 month sabbatical from working life and do nothing but travel Europe until, as it so happened, they grew bored of it and decided to teach others how to reach the same success instead!So today we’re traversing Scott’s journey from residential to commercial property and picking up some pebbles of gold for you along the way:-)Free Resources Mentioned: FREE BOOK COMPETITION: If you want a chance to win Denise’s book, Get Rich Lucky Bitch, Tell us Your #1 Money Block HERE. Haven’t watched her episode yet? Click here to Listen to Episode 229MONDAY’S “MONTLY PROPERTY WRAP” with Nerida Conisbee:  If you want the most recent market update, including the most “clicked on” property listings and the most expensive property on the market, Watch the Facebook Live HEREPICA’S WEBINAR on Negative Gearing – PICA is holding a Webinar on Thursday 9th May at 7:00PM including a Market Update from Tim Lawless, Director of Research at CoreLogic as well as a deep dive into Negative Gearing and Labor poliLISTEN 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

Folks, did you know that almost all of us have buried “bad feels” about money lurking somewhere inside us?? And this contributes — rather significantly — to how we spend and earn our hard-earned money… whether we’re aware of it or not!That long-forgotten moment you witnessed when you were five?? … Still remembered it! The way your parents spoke about money?? Basically, your psych has stored all your money stories somewhere… and these little tell-tales resurface at the best and worst of times. Say, when you’re putting yet another thing on credit or refusing to spend a single dollar more than simply surviving.And if there’s one woman who knows ALL about this, it’s a certain someone who wrote a book called —let’s be honest, you’ve probably heard about it — Get Rich Lucky Bitch.Joining us today is Money Mindset Mentor Denise Duffield-Thomas of LuckyBitch.com — aka the woman inspiring, mostly but not exclusively, other women on their very real “money blocks” and how to ditch their fears and simply get on with creating true wealth!! She’s a savvy entrepreneur and the well-respected author of, yes, Get Rich Lucky Bitch as well as Lucky Bitch.Now… as two middle-aged fellas who are quick to admit we don’t have all the answers, we’ve gotta hand it to Denise — she, quite literally, is on the money here!! Obviously, we see A LOT of bad money managers and, sure, we’ve got our Money SMARTS Platform to solve this….. but today’s episode is a real eye-opener into WHY people are bad managers and how we can reach our absolute potential without lingering on the jitter-bugs from our past!And folks … you can’t beat an expert in their field who’s “smoking what they’re selling”!!! So, let’s just say… Denise is CLEAR proof of this! Soon you’ll hear just how well her money story’s working out for her … and how you can steal her secrets to success!Before we crack open the gold, if you’re looking for Julia Hartman’s “Property Tax Pack” that we released last week, you can DOWNLOAD 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

Folks, if you haven’t noticed the level of activities that had been happening on our show recently, there were heaps of things going on regarding Labor’s Proposed Negative Gearing policies.Long story short.. Two weeks ago, Ben as the Chair of Property Investors Council of Australia (PICA), discovered that Labor and the Parliamentary Budgeting Office (PBO) had been using incorrect data in their costing for the proposed Negative Gearing Policy.Since then, Ben had been speaking to researchers, aggregators, politicians, lenders and real estate agents to find out what’s the actual rate of investors that are buying brand new properties vs existing ones. So far, it’s been found that the proposed Negative gearing savings could be overstated by up to $8 billion. This again highlights the importance of having the right data.So last week, Ben was on the Money News Show with Ross Greenwood to discuss further about this discovery and he was also invited to the Housing Industry Forum to share his point of view as Chair of PICA.And it looks like, he’s finally made an impact because now, you couldn’t find much information on the policy on ALP’s website!We’re very excited that Labor and the PBO are updating their costing with good data now but the work’s not done. It’s important to include subject matter experts like the Master Builders Australia, Housing Industry Association, Real Estate Institute of Australia (REIA), Property Council, Property Investment Professionals of Australia (PIPA), PICA and others to craft this policy together.Again, as we mentioned before, we’re NOT against Labor.We are NOT saying that we should leave Negative Gearing unchanged.We are against the ill-prepared policy here. And if you agree with us, please share this with your network and hopefully, common sensLISTEN 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

Here we go, folks…. Property Tax PART 2 is finally here!!So, let’s get down to the Ownership Structure, Trusts and SMSF insights you need! If you tuned into Episode 226, then you’ll know we have none other than The #1 [...] CONTINUE READINGThe post Episode 228 |Ownership Structure & Trusts with Julia Hartman – Everything You Need to Know About Property Tax (PART 2) appeared first on The Property Couch.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

Yes you’ve heard it right yesterday! Ben was on the Money News with Ross Greenwood! Folks, if you haven’t tune in to the Money News yet, do yourself a favor and check out their podcast. We tune in to the [...] CONTINUE READINGThe post Bonusisode with Ross Greenwood on the Money News! appeared first on The Property Couch.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

Folks, let’s just say… it’s been a week!!!You know that exclusive story we shared with you in last week episode?? Well, it’s, ahh, hit the headlines… BIG TIME!Don’t know what we’re talking about? Here’s a Quick Recap…Ben was listening to Chris Bowen (Shadow Treasurer of the Labor Party) on ABC’s Insiders: The Interview. Bold Statement made. Rather bold in fact (Listen to ABC’s audio here). Chris Bowen quotes that 96% of properties negatively geared are Established Properties. Ben nearly “loses his cornflakes”. Where had Labor got their data from???Fast forward to today and not only do we know that the ABS data Labor used to model their negative gearing policy is, in fact, WRONG… but also Ben’s done a bit of behind-the-scenes leg work to expose the real data.The result? You’ll find out EVERYTHING in today’s episode! But we WILL say this… our world exclusive has made front page news on the Financial Review and Chris Bowen himself has mentioned a certain “mortgage broker” (aka ol’ mate Kingsley) in an address yesterday.Watch the National Press Club clip here on ABC iview here.Hence, we’ve decided to push Julia’s “Part 2” property tax episode back a week because we think this breaking news is SERIOUSLY IMPORTANT for you folks!Before we get into it, we do want to add that we are NOT questioning the methodology of the PBO and other expert economists responsible for the modelling work here — far from it. What we’re saying is the data they had access to was simply wrong. And without Labor approaching any of our industry experts prior to pushing the pedal on their modelling, the figures they’ve been telling the general public are and have always been, misinformed. And this, to be frank, can have quite dangerous consequences for the property market.LISTEN TO THE FIRST 20 EPISODES HERE >>MOORR MONEY MANAGEMLISTEN 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