The Property Couch

Welcome to Episode 123! We’ve been looking forward to unpacking this one all week!Guess what? The boys are going to walk you through THE perfect textbook investment property. As in the very one that ticks ALL the owner-occupier appeal boxes. The one that’s going to land you the biggest capital growth payday!So from the suburb right down to the shelves to store your stuff… B1 & B2 will explain to you what asset you should definitely be buying.The golden tips discussed (in detail!) are:What—specifically—is owner-occupier appeal?What are the Three Pillars of Mastery that always create owner-occupier appeal?What do you look for in a suburb?What can a quick Google search show you?How do you see the invisible lines showing Buyers’ Agents the best part of a street?Which way should your investment property face? (It matters!)What should be in the garden?What is the perfect floor plan?What do owner-occupiers buy?What’s the best orientation of the block?How wide should the road in your investment-grade suburb be?This is a true ripper, even if we say so ourselves. You’ll get a lot out of this one!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 that time again … a few questions from you and a few answers from the boys!Oh, before we give you a tiny tease about today’s podcast … just a huge shout out for being SO supportive about our technical glitch last week. Our inbox was flooded with all of your emails and concerns—please know that our hearts burst (with love) and we missed you all too! We really did. But we’re back and better than ever this week. (With an epic guest next Thursday we’ve got The Stig running the server like a pro.)Right … to today’s Q&A! It’s the time of a transitioning market. So things are starting to balance out in the property scene. The boys will fill you in on the nitty-gritty; but, guess what? This is an empowering time for buyers!And here are the Free Resources mentioned in today’s podcast:Property Research Site | LocationScore – Register your interest hereMoney Magazine Article – Order an online copy here2016 Census Results – Find out more hereThe Game of Property Investing – Find out more 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 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

Part two with Damien Cooley, Australia’s most respected auctioneer and the face of Cooley Auctions, On top of his Australian record—see part 1— he has an uncountable number of industry trophies tucked under that orange tie—winning the 2015 & 2013 Auctioneer of the Year at the Real Estate Business Awards for example—and has performed auctions on other reality TV series, including The Renovators, Under The Hammer, Hot Auctions and Selling Houses Australia.Oh, and you might have heard this in Part One that just two years ago, Cooley Auctions delivered up to 6000 auctions in the same year. So Damien definitely knows his stuff.What are you waiting for? Get the insider’s guide to:Which avoidable mistakes buyers makeHow to win at auction, just by observing the mood of buyersWhich bidding tactics work and which ones absolutely don’tWhat the Five Second Rule isWhat a Flexible Buyers Strategy looks likeHow the auction process differs between Victoria and NSWIs there a shift in buyers’ sentiment in Sydney’s property market? If you like this podcast: “Does The Guy With The Most Money Always Win At Auction? – Chat with Damien Cooley”, 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 MASTERCLASSLISTEN 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’re pretty chuffed to announce that Damien Cooley, one of Australia’s most respected auctioneers and the face of Cooley Auctions, has landed a spot on the couch! For those not in the know: Damien holds the Australian record for the highest sale of a single dwelling home sold at auction—no easy feat at $23 Million—and is the most booked auctioneer on The Block, having appeared on the show nine times.In fact, we were SO chuffed to have Damien on the couch that Bryce and Ben just didn’t want him to leave. There are golden auction tips pouring out like a long string of confetti in this one guys! (Damien was almost late to the set of The Block, he was so pumped to give you all his insight!)So here is Part One, people.Unpacking his property prowess with us, Damien reveals the importance of keeping lists, debunks some auction myths and explains why he’s more than just “The Guy in the Orange Tie on The Block”.Together, he and the boys will cover:How jotting your dreams on paper will write tomorrow’s realityHow he left high school to become one of the best auctioneers in the countryHow Damien managed to score that impressive $23 million auction record (Hint: it has something to do with $50,000)How to work out if an external auctioneer is right for youThis one’s a big one guys! The take home (out of the many): If you go to work on your plan, your plan will work for you.Disclaimer: But this is in Part 1 only … just wait until you hit PART 2 (!)If you like this podcast: “Does The Guy With The Most Money Always Win At Auction? – Chat with Damien Cooley”, 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/3OTLISTEN 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 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