The Property Couch

We’ve finally got Tom Panos on the show! For those who are unfamiliar with Tom, he’s the founder of the Real Estate Gym, 5 am Club, co-host of the Million Dollar Agent podcast, a weekly commentator on SKY News Business, Channel 602, Real Estate Advertising Director for News Corp and is one of Sydney’s leading Real Estate Auctioneers as well as being a sought-after keynote for the Real Estate industry. On top of that, he’s also an active property investor and has been investing for the past 25 years.So what will the three of them be chatting about today? Here are some bullet points!How will having a regime in your daily life help you?What are Tom’s drives to success and how they’ve changed over time?Why playing the long game matters in property investing.How did Tom start his portfolio and what tips for investors who are looking to do the same?The formula for a successful renovation project.Tom’s response to those who are concerned with the media’s property boom and bust stories.His mentors in life and relationship with Jon McGrath.Top 3 tips for buyers looking to bid at auction.If you like this podcast: “Secret To Making Money While You Sleep – Chat with Tom Panos”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/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 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

That is basically what we are talking about in today’s podcast as inspired by two of our listeners who wrote in. Now, rewind a few episodes, and you’ll find the boys quoting Albert Einstein's famous words, “Compound interest is the eighth wonder of the world. He who understands it earns it… he who doesn’t… pays it.” And today’s focus is all about getting the foundation RIGHT, finding the SWEET spot for your money management habits and understanding WHAT delayed gratification is all about.One of the questions that we asked the listeners today is,Would you take a million today or take a cent now and double the amount every day for the next 30 days?Tune in to find out the numbers behind this question and here are the Free Resources mentioned in today’s podcast:LocationScore Webinar – Register your interest hereVideo on RealEstate.com.au |  The ‘flour jar’ method of saving for a house – Watch the video hereVideo on RealEstate.com.au |  How debt helps you build a property portfolio – Watch the video hereThe Life-Changing Magic of Tidying Up by Marie Kondo on Blinkist – Read hereLISTEN 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 USLISTEN 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 podcast title is a direct quote from our special guest, Craig Stephens! As the Managing Director of Jas Stephens, with a history spanning over 90 years and four generations and the leading real estate agency in Melbourne’s Inner West, Craig is also an active investor himself who started building his portfolio back in the late 1980s. He started off as a bond trader and worked with Merrill Lynch in London before coming back to Melbourne to take over the family’s business. With his experience, both in the financial and property market, the three of them discuss:What are the critical elements of a successful business and how similar they are to property portfoliosWho motivated him to buy his first property and his investment strategy ever sinceThe market trend for the past 20 years in Melbourne’s inner westWhat is the Rule of 72 and does property doubles every ten yearsWho should be on your panel of experts and why only meeting your accountant at tax times isn’t good enoughUnderstanding the risk of buying a propertyTips for buyers when dealing with real estate agents and when to get in touch Resources mentioned in today’s podcast:REA Video | Having trouble saving? Time to forecast your finances >> Watch hereRecommended Book | Think and Grow Rich by Napolean Hill >> Learn moreBryce’s Life Hack | How I organise Evernote by Michael Hyatt >> Read hereCoreLogic | Quarterly Housing & Economic Review – April 2017 Release >> Download hereCoreLogic | May Home Value Index >> Read hereLISTEN TO THE FIRST 20 EPISODES HERE >>MOORR MONEY MANAGEMENT APP: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

We’ve got Bradley Beer, CEO of BMT Tax Depreciation on the podcast today! Now, some of you might remember Bradley back in Episode 10 where we talked about what is a tax depreciation schedule, how it works and if all property investors should have one done.For today’s episode, however, we will be relating back to Episode 115 where we chat about the impact of the recently released Federal Budget on property investors, focusing specifically on the depreciation changes. So here are the topics that they touched on today:Exactly what part of the depreciation deductions are affected by the proposed changes?Are capital works deductions still available to be claimed at 2.5% for 40 years?What is the significance of 7:30 pm AEST on the 9th of May 2017?Will they be looking at the contract date or settlement date?Do the proposed changes affect the tax depreciation schedule that was previously submitted?How will this impact investors’ cash flows and is there a difference between new vs old property?What is the logic behind the changes in investors’ travel expenses?Free Resources:Here’s our video and article on realestate.com.au – Click here to watch How to Use Flour Jar Method of Saving for a HouseBMT Tax Depreciation Application Form – Fill in the form below to download or click hereLISTEN 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

It’s Q&A Time!Now, we answered a few questions in the last episode but realised we wouldn’t be able to respond to all of your questions at this rate, so we’ll be doing a Facebook Live very soon. Stay tuned for that!On another note, there’s an exciting announcement at the end of this episode so make sure you stick around. And here are the Free Resources mentioned in today’s podcast:Property Research Site | LocationScore – Register your interest hereKids Savings Calculator – Download hereVideo on Buying a Property with Someone Else – Watch hereFact Sheet on Guarantor Loan – Download hereIf you liked this Q&A episode, don’t forget to rate us on Apple, Spotify or our Facebook page.Any questions or ideas? Feel free to drop us your thoughts here: http://thepropertycouch.com.au/topics/ and it could be featured in one of our future episodes!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

What a week! Apologies for the podcast’s downtown earlier this week and thank you to those of you who wrote in to us. We had a system update and things didn’t quite work out as we wanted them to be. That aside, the 2017 Federal Budget has been released just a couple of days ago. So let’s talk about that.There were a few proposals relating to the affordability issue and a couple more that aims at the property investors pool. But overall, this was not an overly exciting budget. It was a conservative one. Nonetheless, what impact will if have on property owners and the Australian Property Market in general. Some of the issues that Bryce and Ben discussed in today’s episode are:The proposed changes to depreciation deductions for plant and equipmentCapital Gains Tax exemption for foreign and temporary tax residentsInvestors’ travel expenses claimsThe implementation of First Home Super Saver Scheme and is it a good ideaThe expanded audit on overseas investorsIf you would like to understand more about the 2017 Federal Budget, please check out this link.If you like this episode (What Does The 2017 Federal Budget Mean To The Property Market?), don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. Any questions or ideas? Feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/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 PropertLISTEN 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

Following on from Part One, the second part with Brad Teal focused on Victoria’s new underquoting laws that came into effect on the 1st of May 2017. For those new to the real estate industry, underquoting as defined by the Consumer Affairs of Victoria is: Underquoting can occur when a property is advertised at a price that is less than the estimated selling price, the seller’s asking price, or at a price already rejected by the seller. You can learn more about this new regulation here.So for this part, the three of them discussed:How was this new underquoting law introduced and the logic behind it?What changes will the new regulation impose on the real estate industry and will it be introduced to the other states?Traits of a good selling agent and the research that a vendor can conduct.The different demands on certain property types in different markets.What does he think about the buy-and-hold strategy?What does success mean to him?ps: And if you are interested in Ben’s “Did You Know” Facts, click here.If you like this podcast: “How One Punch Turned Into A Property Empire – Chat with Brad Teal, Director of Brad Teal Real Estate”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/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

The last episode of our Elite Agent Series is with Brad Teal, Director and Founder of Brad Teal Real Estate! Born and raised in Melbourne’s northwest coupled with more than 40 years of experience in the real estate industry, Brad’s understanding of the real estate market, property trends in the area and local facilities and amenities are second to none. And how did he build up his property empire? It all started with a punch in the face! Find out more on today’s podcast.For the first part of this episode, Bryce, Ben and Brad also chat about:How Melbourne’s northwest has changed over the years and the gentrification that had happened?What are considered investment-grade assets and why he’s interested in ‘bullet-proof’ properties?Setting the right expectation on rental returns and tips to increase yield.Is there any investment potential in one-bedroom apartments?New vs old apartments and the impact of high-density development on the Suburbs.Mistakes buyers make at auction.Transparency in the buying process.Understanding the auction system.If you like this podcast: “How One Punch Turned Into A Property Empire – Chat with Brad Teal, Director of Brad Teal Real Estate”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/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

Another exciting episode of the podcast this week! Joining Bryce and Ben on the couch is a certified practitioner of Neuro-Linguistic Programming, Public Speaker, and author of The Ultimate Book of Influence and Useful Belief, Chris Helder. After moving to Melbourne 21 years ago from the USA, Chris has become one of Australia’s leading keynote speakers who explains mastering the power of the mindset. With this in mind, Bryce, Ben and Chris provide some absolute gold nuggets in this episode by discussing some of the following areas:Chris’ professional background and what led him to Australia.His book, Useful Belief and how effective this concept is.How to apply the concept of Useful Belief in the current property market.Does an ideal week really works and a more efficient time management skill?The idea of ‘10 Seconds of Guilt then moves on.How to filter the distraction and noises out there.Mastering and owning your own story.Understanding perfection and not letting it take over.What do we need to do to take action and stop avoiding what we need to do?Seven Ways to successfully implement Useful Belief.Make sure you tune into this episode to find out the above and more. This an advice-packed episode not to be missed! And if you would like to get a copy of his book, Useful Belief, get a copy here!If you like this podcast: “Why Positive Thinking Doesn’t Work! – Chat with Chris Helder”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/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

Carrying on with our real estate agent season, today we have another special guest star Tim Heavyside on the show with Bryce and Ben. An award-winning Real Estate Agent, Director and Auctioneer for Fletchers Real Estate, Tim has an impressive professional history in this industry dating back 15 years. As a very knowledgeable and personable star on the show, there is no doubt that you will receive some interesting advice and will be listening to some absolute gold in today’s episode.In this episode Bryce, Ben and Tim talk about the following topics:Tim’s professional background and how he moved on from being a travel agent to Real EstateWhat motivated him to excel in the industry and his motto in lifeThe skills and traits a vendor should look for when engaging a real estate agentWhat are the four different scenarios when selling your propertyPre-auction offer and which is the best week (or which day of the week!) to offer themBehavioural techniques to employ when buying at an auctionThe best property advice he’s been givenThe best property deal he made and why If you like this podcast: “Inside The Mind Of An Elite Agent – Chat with Tim Heavyside, Director of Fletchers”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/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