The Property Couch

Folks if there’s one thing a property investor wants… it’s to make sure that their asset is taken care of!And an invaluable way to do this is to make sure you have quality tenants who will respect your property and obviously pay their rent on time. But you also need the assurance that (touch wood) if the worst-case scenario were to play out, you’d have someone on your side to protect you and your asset and, importantly, hold the right person accountable.…. This is where having the right property manager can make all the difference!!So how do you spot the right property manager? And what are the traits that separate the good from the great??Joining us today — for her debut on The Property Couch — is Lauren Robinson, Founder of RentalResults, a specialist property management business based in Brisbane, author of Rented and a successful property investor (commercial and residential) in her own right. With over 15 years of experience in the property management industry, having won Property Manager of the Year in 2017, and buying her first property way back when she was 22, Lauren is quite the guest to cover today’s topic!Before we crack open the lid and dive into the gold, just a quick shout out that our Summer Series starts THIS COMING TUESDAY (18th of December). Yep, that IS a Tuesday!Folks, the festive season just got a whole lot more fun with TWO EPISODES PER WEEK, featuring nothing but the BEST guests… some of which include our very own tribe of #TPC listeners!!!Here’s the deal…From 18th December – 31st January the Couch is coming to you TWICE a week on Tuesday and Thursday!As mentioned on today’s show, don’t forget to pick up your Free Copy of the Golden Highlights. This 80-odd-page document is the vault containing all the foundational tips and insights you need to be a successful investor.You can get it here.LISTEN TO THE FIRST 20 EPISODES HERE >>MOORR MONEY MANAGEMENT APP: 👉 Apple: https://apple.co/3ioICGW 👉 Google Play: 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

Over 2 ½ years ago, waaay back in Episode 66, we warned you that Winter Was Coming…The question is folks… did you prepare?We really hope you did. Because if you caught ABC’s three-part 7:30 Report this week or you read the OECD Housing Report that came out on Monday, then you’ll know that the Australian housing market isn’t the flavour of the month at the moment.We’ve all seen that the property market come off its peak, and this, combined with the credit crunch following APRA’s lending restrictions and the Banking Royal Commission, as well as the proposed changes to Negative Gearing and Capital Gains Tax has spread a ripple right across market sentiment.In other words, you could say… Winter is here.So, today we’re diving into what’s unfolding with housing prices and what we’re likely to see happen in the property market from here. To help with this, we’re revisiting what we discussed 2 ½ years ago — Episode 066 | Winter is coming and the air will be colder up high.And folks, the similarities between what we said then to what we’re seeing now just might shock you! Those who acted early and pulled out the umbrella won’t be surprised.BUT the real question is: what does all this mean for you and the future of investing in property?Or do you simply want a straight answer to “What the heck is going on in the property market right now?”We’ve got you covered.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/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

Today’s show is a special shout-out to our parent-folk out there! Heck, if you just want some foundation money management tips, you’ll find some golden nuggets here too!What we’re about to unpack is a framework-stacked episode featuring THE Money Lessons for Kids — more specifically, how to teach your kids about money! Because, let’s face it, money makes the world go ‘round… so if our young folk aren’t given a proper head start as to how it all works, their futures will be impacted. It really is as simple and as straightforward as that.So, how do you work out when and how to teach them?Well, with 2 young boys each, we’ve asked ourselves the same thing. We get it — trying to run a household, manage your own money AND make sure your kids grow up to be respectable, decent and bright humans is no easy task. Adding to that the necessity of teaching them about money so that they can, not only survive in the big wide world but actually thrive in it… well, even we could do with some insights!That’s what we want to give YOU today!Before plunging into the murky waters of Money & Kids 101, here are a few bits of housekeeping and the free resources we mention in today’s show…ASIC’s MoneySmart Website – Teaching kids about moneyBen’s Cash Rate Video – RBA Dec 2018 Announcement – Trade Wars & Stock Market CorrectionsTim Ferris’ Interview with LeBron James – Tune in hereThe Power of Vulnerability by Brene Brown – Watch hereCoreLogics Housing Report – Click here to check out the Monthly ReportsAustralia’s GDP Report for the September Quarter – Check it out on ABSThe Golden Highlights – CLICK HERE for the gold in our first foundational 20 episodesOh, and because kids learn A LOT just by watching what you do (so the way you manage your own money really matters), 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 first Tuesday of the month Ben… which means the RBA Board has met and announced the official cash rate!Ben’s update today focuses on not only the cash rate but on the biggest story of the last six weeks as well… the stock market corrections!Plus, Ben explains why Scott Morrison’s latest announcement signals the timing of the upcoming election, and how this will impact the economy moving forward.So… for the last Cash Rate announcement of 2018, what will be RBA’s decision on the cash rate?Most namely the biggest story of the last six weeks, and certainly into November, has been the stock market corrections that we’ve seen around the globe on the fears of a slowing global economy. You can also factor in the spike that the US economy and the US share market had through the lower tax rates introduced by Donald Trump. So we’ve got that as a backdrop, but also the share market has also lost confidence because of the trade wars that are going on.Interestingly, over the weekend China and the US met and they’ve put a truce in place — well, it’s short term so it might be a false dawn, but we have a truce in place — which means the US isn’t going to increase their tariff percentages and China has promised to buy a significant amount of US goods.What has that meant? Well, we’ve definitely seen the stock market have a very, very good couple of days and that’s potentially put some confidence back into the broader stock market, and hopefully the broader economies around the world. But it is short term; we need to get through this Christmas period, which is going to see some significant changes.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: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, it’s finally here…… our 200TH EPISODE!!!!!!!!!!Pheeeeeeeeeeuuuuuuuuppppp!!!!(This is as close as we can get to a Party Horn sound.)And, boy, do we have a legendary episode for you!!! To give you an idea folks — when we locked in today’s guest, Ben was cartwheeling and high-fiving all over the joint. And for good reason… because joining us today is none other than THE “Money” man himself, Mr Paul Clitheroe!!!Look, we probably don’t need to tell you that from 1993 – 2002, Paul Clitheroe was indeed a household name — appearing in people’s lounge rooms as he hosted the wildly successful show Money on the Nine Network. Yep. Almost one in two households were watching his show, so if you’re like us, and you’ve got a bit of “salt and pepper” in your hair, chances are you were one of the folks watching!For those Gen Y-ers who might not know Paul, he (along with his uni mates) founded the leading investment research and advisory company ipac, back in 1983. He’s got more than a handful of books to his name — Money, Marriage and Divorce, Making Money, The Road to Wealth, Free Yourself from Debt, Make your Fortune by 40… and this isn’t even all of them! You can stalk all of his books here.To put the cherry on his very successful career, Paul’s gone on to dedicate his professional life to serving others, having been an active advocate of financial literacy for DECADES and championing ASIC’s MoneySmart Schools. To give you an idea, he’s Chairman of the Australian Government Financial Literacy Board and Financial Literacy Australia, as well as the Chairman of InvestSMART. Oh, and he’s also Chairman and chief commentator of Money magazine.Yep. Doesn’t get much better folks!!Well, maybe it does… because we’ve got him for over 1.5 hours of rock-solid gold (Yep. You might need to listen to both ways on your commute!!)The even better bit?… Paul comes with real-life money hacks AND he’s also a ripper storyteller!LISTEN TO THE FIRST 20 EPISODES HERE >>MOORR 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, with State Election around the corner and the Federal Election less than a year away, it’s time to future-proof your portfolio.The market has changed and will continue to change. We’ve also got some challenges in the Macro landscape as well — lending regulations, potential changes to negative gearing and interest rate rises, just to name a few.So you might be asking yourself, “How is it still possible to build a property portfolio and earn $2K per week in passive income with all of this other stuff happening?”And you’ve got a good point. There IS a reason to be concerned, but this does NOT mean you have to abandon the ship altogether. Far from it.So in today’s episode — before our Surprise Superstar Guest joins us next week for our 200TH EPISODE!! — we’re going to answer some of your questions about how to do exactly this.These are just a few of the things we’re discussing:The right time to buy in a changing marketHow should one approach 2019?Picking the bottom of the market (and if this is actually possible!)Strategies to increase your cash flowThe house price dropReleasing equityStarting with ZERO equityThe future of the property marketLISTEN 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: - WebsLISTEN 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’re playing the long-term game in property investing, you’ve got to know how to navigate the credit crunch!And what do we mean by this??… You MUST build financial muscle in order to succeed at the game of lending! Because folks you can NOT save your way to a passive income. You just can’t.What you need is access to credit and the ability to optimise this credit so that it works in your absolute best interest.But of course, there’s an elephant in the room here, isn’t there??The lending landscape has changed, folks! This can be seen from APRA’s lending restrictions all the way to the banks feeling the pressure following the Royal Commission — both of which are just the tip of the iceberg property investors are now facing when it comes to accessing finance.Here we are in the messy middle…… how can YOU cut through these challenges and still get the lending results you need??Well, we’ve got 9 Tips up our sleeve to help you do just this folks!!!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

Normally personal stories about money stay secret…  up until this episode!The truth is folks — it’s not really the “done” thing to have a conversation about money, is it? Almost always, there’s this societal expectation to throw money matters — the real truth of your financial situation— off the table and bury it in the overflowing junk drawer.After all, talking about money is embarrassing, right?Well… not anymore!!Today folks, we’re attempting to lead by example — so we’re simply going for it! We’re going to get real and vulnerable and we’re going to share with you OUR OWN that has shaped our relationship and habits with money.In other words: we’re going to reveal what’s really happened in our life up until now (yep, this includes revealing some childhood influences), which might explain why we’re so obsessed with finance and on a two-man-and-a-couch crusade to help others excel in managing their own money!So, yep. These stories include the good, the bad and plain embarrassing.Ready to start the money conversation?A glimpse into our embarrassing true stories…Why are we so obsessed with money management?What did Ben’s dad teach him that stuck with him for life?What did Bryce learn from working in a casino that you wouldn’t expect?How was our path towards property investing shaped?Who took the biggest risks when investing in property — Ben or Bryce?How can you make money from a side hustle?What did Ben’s parents give him for Christmas that changed everything?Are there any smart money management tips in all this?Who lost, and why did they lose money in property?What are the key money management takeaways from this episode?LISTEN TO THE FIRST 20 EPISODES HERE >>MOORR MONEY MANAGEMENT APP: 👉 Apple: 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

Hello folks, as promised, we’ll be posting Ben’s short commentary on the RBA Cash Rate Decision on a regular basis!Let us know if you like this segment below! So, on this Melbourne Cup Tuesday, what will be RBA’s decision on the cash rate?Let’s start with some positive news! The seasonally adjusted unemployment rate has unexpectedly dropped to 5% in September 2018, the lowest job rate since April 2012 while markets estimated 5.3%. But what about wage growth?Ben will be unpacking how this will be affecting the RBA’s decision to move the cash rate, which had been at 1.5% since August 2016. And of course, a bit of an update on the equity and property market as well!There’s still buying opportunities in that particular market; but you’ve got to be very, very careful in terms of where you’re buying. So stick to the fundamentals and focus in on where you’ll get that good return over time.Looking for the CoreLogic’s Monthly Housing Update? Click here to find out more!If you’d like to check out his previous commentaries, click here.DISCLAIMER: This video is general information only and is an opinion comment by Ben Kingsley. The information contained in this video is for Australian residents only. The information does not take into account the particular investment objectives or financial situation of any potential viewer. It does not constitute, and should not be relied on as, financial or investment advice or recommendations (expressed or implied) and it should not be used as an invitation to take up any investments or investment services. No investment decision or activity should be undertaken on the basis of this information without first seeking qualified and professional advice.The Property Couch, its employees or its contractors do not represent or guarantee that the information is accurate or free from errors or omissions and therefore provide no warranties or guarantees. The Property Couch disclaims any and all duty of care in relation to the information and liability for any reliance on investment decisions, claiming the use or guidance of this publication or information contained within it.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

“Labor risks $12bn housing hit over ending negative gearing” — if you’re like us folks… this headline has us all concerned!!And the concern didn’t stop at the headline.As we read on, the full news article, published by The Australian on the weekend, highlighted that the $32 billion plan to end negative gearing would — quote — lead to a fall in new housing construction of up to 42,000 dwellings over five years and 32,000 fewer jobs across the country, according to independent modelling — end quote.Yep… that’s a drop in a whole lot of new housing construction (ie. supply) AND just a-bit-more-than-a-few losses (up to 32,000) in jobs!!Folks… this is crazy stuff.And those stats aren’t the only ones coming out of recent independent research digging into the numbers of what’s likely to happen if negative gearing’s ditched.So, today we’re looking at a few of the worst-case scenarios from two different reports (the links to both of these are further down in the show notes) and unpacking — with both a short-term and long-term view — how this change to negative gearing might affect the property market and those investing in it.But negative gearing changes — and the possible consequences on housing prices and for first-home buyers — isn’t the only question we’re answering today! We’ve got plenty of gold on how to time your existing strategy, retiring debt and the right asset to invest in!Oh, and if you’d like the Geospatial Heat Notes — the heat map that shows the Compounding Annual Growth in Median Value for Houses from 1974 till the end of 2017 that is sourced from the Valuer General data —  you can get them here.The Articles Ben mentions:The Australian Article — Labor risks $12bn housing hit over ending negative gearingLISTEN 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