The Property Couch

Bryce Holdaway & Ben Kingsley
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5 snips
Apr 5, 2018 • 1h 3min

166 | How to Avoid 7 Common and Costly Settlement Mistakes when Buying a Property – Chat with Nicole Faid

We heard from today’s guest back on Episode 107, and joining us again is none other than Nicole Faid, Principal and Founder of Accord Conveyancing, who has handed out accurate legal advice for over 25 years! Just a heads up — we covered her awesome back story in that previous episode, so if you want to hear it (and it’s well worth the listen), go back and check it out!And we jump straight into it, folks! So get pumped for the 7 common & COSTLY mistakes you really DON’T want to make…In a nutshell, what does a conveyancer do?What is the most important document that underpins a contract?How many people don’t get the amount of land they thought they would when purchasing a property?What happens if the discrepancy of this land is less than 5%?What REAL LIFE EXAMPLE happened in Brunswick? (And how much did this mistake cost the buyer?!)Why shouldn’t you rely on your own interpretation of “wear and tear”?Are “back-to-back settlements” a bad idea?What happens with the conveyancing rules if you’re a borderless investor?What is a caveat?If you’re purchasing through an SMSF, what title requirements do you need to be aware of?What can happen in the settlement period that will seriously shock you?Why is it important to distinguish between major and minor issues with the settlement process?When should you conduct a Building and Pest Inspection?How does the art of negotiation fit into all this?What is the best risk management?What do you need to keep in mind with the final inspection?What is the legal requirement about having a granny flat?!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
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Mar 29, 2018 • 48min

165 | Royal Commission's Role in the Lending Sector and Q&A on Improving Loan Serviceability, Sell v Hold Strategy and Investing in Shares

Just a heads up, folks: we’re tackling a couple of serious topics today!Because, not only are we diving into the world of the Banking Royal Commission (and what they do), but we’re also answering a few voicemail messages about how to best service your loan, what to look out for if you considering investing in shares and having a crack at the million dollar question: should you sell or hold??Yep, Ben will be donning his Chair of PICA hat to address some of these topics, especially when it comes to choosing your mortgage broker wisely and making sure, as property investors our assets and financial well-being are well protected!As part of this, we will be dropping the “F” word… Fraud.It should go without saying, DON’T go there… but if you find yourself taking dodgy advice, you could find yourself in boiling water too. And remember — for the folks that haven’t signed up yet — you can get an individual Membership of PICA for as little as $5 to lobby government regulations and help us get rid of the “bad eggs” and spruikers responsible!So, let’s jump into the SpeakPipe Q’s: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
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Mar 22, 2018 • 45min

164 | Q&A - How to Avoid Poor Loan Structure

It’s Q&A Day, folks!!Off the back of last night’s webinar, “7 Deadly Sins of Building a Property Portfolio” we’ve got plenty of questions left over that we reckon are going to help you with ALL THINGS LOANS and INVESTMENT LENDING!Before it kicks off though… we’ve got a BIG announcement (well, big news for Bryce!!)… so make sure you keep an ear out!So, we’ve got SIX questions to get through, which will help you in avoiding poor loan structure and more importantly, assist in your planning stage of building a property portfolio!P.S. Here are all the links for today’s episode:Want to join Bryce in his new TV show, Escape from the City? Click here to apply for the spot!Here’s the link to Bryce’s Mindset Minute article: Why You Should Spend Your Money on Experiences, Not ThingsInterested in Ben’s webinar on the Impact of Interest Only Lending? Watch it 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
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Mar 15, 2018 • 50min

163 | Infrastructure: What’s the Game Changer for Property?

We’re going off the cuff today, folks! Yep, there’s been no prep behind this podcast… BUT we guarantee it’s still going to be golden!Why?? It all started (yesterday) when Ben created a little pop quiz for the staff at our company… and his question is:What is the No.1 infrastructure needed to grow property prices?Based on the banter that spread through our office, the answer might also surprise you!!So, let’s drill it down to these two points:How are megacities built?What’s the connection between infrastructure and property prices?Here’s the deal:What drives people to a location?What’s the Wild West got to do with it?How does infrastructure relate to immigration and population?If you don’t have THIS infrastructure, realistically, can you have a city?How does politics influence a property investor and shape a city’s plan?How did Melbourne become known for its culture — fashion /arts?Why can’t a city run on “just one thing”?Are property prices going to keep growing?Why is Sydney the Financial City?How can you tell a difference between a planned city and an “accidental” city?Why do areas outside of Sydney do well?Is it all bad news for the property market?Why does Ben keep harping on about the East-West Link?Why does the land get expensive in a location?What will Sydney have to do to take the stress of the population?Why can’t you replicate a city in the suburbs?Does Hobart have a good outlook for property investing?What is a self-perpetuating city?Why do we need to pivot to niche manufacturing?With all this in mind, should you invest in regional centres?Stick around for Ben’s Did You Know … you’ll find out the projected population growth for Australia’s cities (this might influence where you invest!)LISTEN 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
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Mar 8, 2018 • 57min

162 | Q&A - Second-tier Lenders, Brisbane’s units market and the order in Investment Assumptions (PLUS a special appearance from Jeremy Sheppard)

We have a couple of treats in store for you today, folks!!Not only is it Q & A Day — we know: it seems like forever since we had one, and we love ‘em!! — we’ve also created A BRAND NEW SEGMENT, which is kicking off on the Couch TODAY.Yep. Think property markets. Think sneak peak. Think data!Actually, speaking of data, joining us for a portion of today’s episode (hint, hint) is Jeremy Sheppard! He’s our other third of LocationScore.com.au and the pioneer of the DSR Formula, which collects, analyses and researches the level of supply and demand across every market and 15,000 suburbs in Australia!(You would have heard his insights back on Episode 125 | Everything You Need to Know about Picking the Next Hotspot — Chat with Jeremy Sheppard or on our last Facebook Live!)…. What will be covered in today’s questions?Should you invest in a Brisbane unit?What are the pros and cons of second-tier lenders?Are the assumptions about property investing making you confused?Alright folks, before we kick off the questions, you’ll notice soon that all of them are voice-recorded messages! Yep, we’re officially prioritising all of our questions that come in through our SpeakPipe widget! So leave us a quick, 60-second voicemail here!And our chat with Jeremy Sheppard?Why there’s not much data in January?Recapping what is Online Search Interest and whether should investors be worried about the impact the season would have on the property market.What’s the BIG NEWS on Perth??Auction Clearance Rates and who are the outperformers and underperformers in this cycle?What’s the month-to-month trend for each state?What does Adelaide and Gold Coast’s property market trend have in common?How about Days on Market data for February 2018? P.S. Leave us a Voicemail Message 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
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Mar 1, 2018 • 58min

161 | How to Buy Property Like a Pro - Chat with Veronica Morgan

Want to know how to bag an A-grade asset? How about scoring the inside tips Buyers Agents use? If you’re keen to buy property like a pro, today is the show for you!That’s right, folks! We’re getting down to the nitty-gritty of buying… how to nail an auction sale, how not to overspend and how to think like you’ve been in the game for decades.Joining us is Veronica Morgan — you might recognise her from Foxtel’s Lifestyle Channel, Location Location Location Australia in the days of co-hosting with Bryce — who is the Founder and Principal of Good Deeds Property Buyers, a property buying service specialising in the Sydney market. To boot, Veronica is also a QPIA, a clever property investor and keynote speaker, an industry writer and a repeat guest on the Couch!So, let’s get take a microscopic view of what a reputed Buyers Agent sees every single day:What drove the Sydney property market over the last 5 years?Why does the split between owner-occupiers and investors matter, and what does it say about the Sydney market?Are FOMO still impacting the Sydney market and why parents are dangerous in an auctionWhat trends were happening with Sydney auctions?What strategies can you use at auction?How can you “throw the agent” and also escape the control of an auctioneer?What’s an expensive risk for a buyer?Why do different types of real estate agents affect buyers?What’s the problem with not being financed before the auction?What’s the number one thing to look for in a Buyers Agent?Is it possible to have too many properties in your portfolio?What is a Buyers Agent and do you need one?What’s an s66W Certificate?How do apartments fare in Sydney?What’s next for the Sydney property market?WantLISTEN 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
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Feb 22, 2018 • 1h 6min

160 | The Power of Vulnerability - Chat with Karla

We’re getting real on the Couch today, folks. So if you’re in the mood for some solid learning, serious authenticity and a powerful view into what it’s like to be on the chair opposite us, today is YOUR Day!Because in this episode we are introducing a very, very special guest... someone who has personally reached out, sat down and met with one of our advisors…. Karla C.Why? Well, this is where the power of vulnerability comes in………Full disclosure: We normally avoid mentioning our company, folks….. but we’re huge believers in Karla’s story and its benefit to you is too great for us to hold back! Plus, Karla’s “tell all” is a gift needed for life, not just property investment.So tune in and listen to what she has to share! You’re going to hear:An honest, vulnerable and authentic view from a client’s eyes (and mind)The difference between expectation and realityHow to pivot your mindset to create profound changeWhy being told “what you want to hear” can be more harmful than helpfulIf we get advice on our own portfolios……..The Dos and Don’ts of Property InvestingHow to know if you’re ready for professional advice?The fine line between a dream and a reality check!What’s worse: procrastination or a bad property investment decision?How to make a mental decision to move forwardBryce and Ben’s “light globe moments” in their own journey!Why a wrong decision(s) can set you back 10 years!The importance of timing the market and doing the researchPowerful, powerful bullet point — Karla’s key learningsSome education tips you can try at homeHow to choose an advisor wiselyWhat are the tangible benefits of changing your thinking?p.s. Really want to learn more about the service that the guys were chatting about? Click here to learn more about Empower Wealth’s Property InvestmenLISTEN 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
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Feb 15, 2018 • 60min

159 | From Anti-depressants to Airbnb – Chat with Emily Hazell, Founder of Serotonin Eatery

Feel Good February is even better with a Feel Good Podcast, folks! So, that’s exactly what we’ve got in store for you today: The episode to get rid of the “mood funk” In other words: it’s a mindset, business success and property story all rolled into one holistic show!If that doesn’t make you feel good, our guest, Emily Hazell of Serotonin Eatery, Exercise and Education will give you fresh tips to get there!To clear any confusion: Serotonin is often referred to as “The Happiness Hormone.”Emily, with a Double Degree in Architecture and Graphic Design behind her, is the founder of the world’s first Happiness Centre — an eatery with an entire menu and physical space designed to increase your serotonin levels! … but Emily didn’t get this idea from being happy — she’d struggled with mood swings, depression and anxiety in her earlier years, and sourced a natural solution that wouldn’t require a prescription.How does the property investment stuff fit in? Listen to find out. So, what can you learn from today’s show?How can you stabilise your health and mood with serotonin and increase overall happiness?What are the challenges and lessons learnt along the way when starting a business?How did the power of investing fund her business?Why are your habits that are stopping you from “getting things done”?How did Emily nail asset selection and apply it to her business?What little things can you do to increase your serotonin levels?Why is knowing your “personal mission” important for mastering your mindset?The power of turning a negative into a positive!Lifestyle drivers and how they relate to suburb gentrificationHow can investing in a financial planner grow your money?Is investing in Airbnb a good investment?What are the challenges and innovations of investing in AirbnbWhat do you need to know about goal-setting and planning?Are you doing something now thatLISTEN 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
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Feb 8, 2018 • 59min

158 | Cut The Noise: How to Master Your Mindset with Chris Helder

That’s right, folks!Back by popular demand, we have Chris Helder on The Couch … with his brand-new book, Cut The Noise!!We first heard Chris’s power of mindset and “Useful Belief” in Episode 113 | Why Positive Thinking Doesn’t Work … and, in Bryce’s email shout-out, you mentioned you’d benefit from having Chris back on…Boy, are we glad you did!For those who missed the episode or need a refresher, Chris Helder is a certified practitioner of Neuro-Linguistic Programming, Public Speaker and author of Cut The Noise, Useful Belief and The Ultimate Book of Influence. He’s one of the highest-booked speakers and his message is seriously impactful.Today, he’s talking about Better Results, Less Guilt.Media. Social Media. Marketing. Almost everywhere we look.So, how do we cut the noise?You’ll get answers to:How do you filter out distractions to achieve better results?What is “10 Seconds of Guilt” and how can it help you?Why do you need an “exit” strategy?Can you use the power of presence to become more effective?What are The 6 Important Things in Life, and what do you need to remember about them?Is multitasking a good thing?Why is it important to ask for advice?What happened in Disneyland that taught Chris A LOT?Why should you quit being a perfectionist?What are the 3 questions you should ask yourself if you’re feeling guilty?Why do you need a “win strategy” and how do you get it?What are the 3 distinct categories to frame what you do?What are the 3 words you need to remember to action success in 2018?What’s wrong with living in “The Ribbon World”?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
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Feb 1, 2018 • 49min

157 | 7 Reasons Why Investors Should Think Like Ants

Folks … we’ve gone a bit creative on today’s episode!!We want you to think, act and do like …. ants!Yep. We really do mean those teeny tiny insects…. who would have thought ants would come up in a property investing podcast? But before you ask yourself, “Have we left our marbles somewhere?”, we solemnly swear we’ve got a reason!Well, 7 actually.And we reckon you can take something away from today’s crafty, critter-fueled episode … especially if you’re in need of a bit of a pick-me-up in the mindset department!So, before we give you the low down on today’s episode, let’s get to the real talk: The proposed changes to the Residential Tenancies Act.Yep, it’s causing a bit of a stir after a few disgruntled tenants have had their say ….but it’s now time to have ours. Because these reforms WILL have negative impacts on landlords. Some of the proposed changes include:Allowing tenants to make non-structural modifications to rental properties, which may include repainting an entire property, installing hooks for picture frames, concreting the backyard or reconfiguring built-in robesRemoval of the landlord’s rights to consent to, or refuse, petsChanges to notice periods around ending a lease, removing the ability for a landlord to serve a 120 Day Notice to Vacate for ‘No Specified Reason’, and removing the option to serve a 60 or 90 Day Notice to Vacate for ‘End of Fixed-term tenancy’ after the initial first termCapping bonds at one month’s rent where the rent is less than $760 per week. This reform will also apply to rent that is paid in advance.We get that a hook in the wall is one thing... but concreting a backyard, or painting the walls in lime green, is an entirely different thing. These are our assets, and shouldn’t we have a voice to protect them?So, The Real Estate Institute of Victoria (REIV) released an online petition calling on the Andrews Government to change these proposed reforms to Victoria’s rental laws. We want fairness for both sides.So, if you feel passionate about this and want to make sure your landlord rights remain, you can 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

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