The Property Couch

It’s the first day of Spring and a perfect time for a Question and Answer episode! Bryce and Ben started off with some of their auction stories on underquoting and a general market update. The property market had been rather cold this winter but with that over, what will we be expecting these coming months?Here are the questions for today’s podcast:Question on new developments next door from Jesse: Question on cash flow from Sonia: Question on property portfolio from Khai:Question on developing or buying from Adam: If you like this Q&A episode (Underquoting, New Developments Next Door, Fixing an Overly Negatively Geared Portfolio and more), 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 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

Investing in property is considered a relatively safe investment class but as with other types of investments, there are some downfalls that you need to be aware of. So in this week’s podcast, Bryce Holdaway and Ben Kingsley will be sharing their ten biggest property investment risks.They will be unpacking this list from a macro point of view such as factors that are beyond an investor’s control down to a micro level. Bryce and Ben will also be discussing some risk mitigation strategies that investors can apply when building their property portfolio.The first macro risk is General Market and Economic Risks. Although each one of us contributes to the country’s performance as a whole, individually, we still can’t influence it much (unless of course, you are a multi-billionaire). So, if a country is performing poorly for example, during the GFC period, some property markets would be affected, and this would impose some degree of risk if you are a property investor. Economic activities at a state level also could be a risk because this affects the employment rate in the area and hence, your potential tenants as well the value of the investment property.Listen to the podcast to find out the other 9 property investment risks.Some of the resources mentioned in this podcast:Webinar Replay with Jane Slack-Smith and Peter Koulizos – Register hereFacebook Live Chat (September 13) – Join hereVote for us for the Reader’s Choice Award – Vote hereEpisode 5 – Asset selection – Listen hereEpisode 31 – Checklist to Getting a great property manager – Listen hereEpisode 53 – The Money SMARTS System – Listen hereLISTEN 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

What is the possibility of investing in property with the right strategy, in the right market, and at the right time? Well, that depends. Now, we know this sounds really vague but in order to determine that, one needs to ask if they have the right understanding in the first place? Because it is very dangerous if the perception of the right strategy or the right market is wrong and you go ahead and build a property portfolio based on your assumptions. For example, if Alex believes that capital growth is the right strategy and buying within a 5km radius of Melbourne CBD is the right market, then he would be in a very tricky situation because the supply at the moment is quite low (unless he has a very deep pocket).So in this episode of The Property Couch podcast, Bryce Holdaway and Ben Kingsley focus on understanding what is considered “the right market” and why it is important that you take a long view of where the market is going before committing to anything. Bryce and Ben will also be answering Maria’s question on cash flow management and an investor’s mindset. Some of the resources mentioned in this podcast:Webinar with Jane Slack-Smith and Peter Koulizos – Register hereGame of Property Investing – Find out more hereFacebook Live Chat (September 13) – Join hereProperty Investor Sentiment Survey by PIPA – Find out more hereEpisode 53 – The Money SMARTS System – Listen herePS: And we’ve just achieved half a million downloads on the podcast! Thank you so much for all of your support and feedback. We will continue to provide good quality content, ‘unpack’ more frameworks and case studies and answer your questions on all things property. If you are wondering what are the boys doing in this picture, this is what happens when Bryce Holdaway and Ben Kingsley heard that we’ve got half a million downloads on the podcast!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

This time on our Special Guest Episode, we’ve got Veronica Morgan on the Couch! Most of you would have known her as the co-host of Location Location Location Australia on Foxtel Lifestyle Channel with Bryce but when they aren’t filming, Veronica is the Founder and Principal of Good Deeds Property Buyers. She is also the Vice President of the Real Estate Buyers Agents Association of Australia (REBAA) and an active property investor herself.So for today’s episode, the three of them will be talking about:What does REBAA do and why did she join it?Her transition from a selling agent to a buyers agent – why did she switch sides?How is the regulation in Sydney differs from other states such as the gazumping law?Her journey as a property investor – what motivated her to start investing?How did the recent market boom in Sydney affect her role as a buyer's agent?What are some of the principles and strategies when it comes to building a property portfolio after the boom?Her asset selection tips for finding an investment-grade property.Some of the mistakes and lessons learned in her property investment journey.PS: We hope you enjoy watching the video and we would really like to hear what you think about it! If you like it, let us know and we will produce this more regularly. If you like this podcast: “Building a property portfolio after the boom – Chat with Veronica Morgan”, 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.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

This week on The Property Couch Podcast, we are going through some of our listeners’ questions. But before that, Bryce and Ben will be discussing the 25 basis point cut passed on by the Reserve Bank of Australia early this week. How will this impact the Australian Economy, how much have the banks passed on and will there be any flow-on effect on the Australian household?Here are the questions for today’s podcast:Question on planning for a reduction in income from Matt: How do you plan for a reduction in income when you are still a reasonable distance from retirement and would it be wiser to maintain current income for long-term potential or is there a process that could be applied?Question on bidding tactics at auction from Adam: I was hoping in your next Q&A perhaps Bryce might be able to address the topic of bidding tactics at auction. Most of the tips and strategies you read amongst the property press propaganda are ridiculous things like dressing in a suit and pulling up in a sports car out the front. In your experience is there any value in these sorts of image approaches? or concepts such as ‘knockout bids’ and bidding late, or are auctions pre-determined events going to whoever was always going to pay the most. I know you will say the gold standard is to employ a buyers agent but I’d be interested in your tips for someone keen to DIY.Some of the resources mentioned in this podcast:Episode 53 | The Money SMARTS System – Listen hereAuction Tips video series – Watch hereIf you like this Q&A episode (RBA Rate Cut, Planning for Reduction in Income and Bidding Tactics at Auction), 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://appleLISTEN 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 is Special Guest Day and we’ve got Damian Collins from Momentum Wealth with us on our very first Vodcast!Just a bit of a background on Damian, he is an established property investor, the founder and managing director of Momentum Wealth, a Perth-based property investment and buyers advocacy firm and is also on the board of PIPA which means he is very well qualified to talk about the art of investing in property and building a portfolio.So for today’s episode, the three of them will be talking about:Damian’s experience as an investor and what motivated him to build his portfolioThe mistakes, lessons and investing tips he learned as an investorHow is Perth’s property market doing and where is it on the cycleWas there a sentiment shift considering the recent economic changesHow does he conduct his property research when it comes to asset selectionWhat are his principles and investment strategy when it comes to building a property portfolio in a tough marketSome of the horror stories that he has seen in his seatPS: We hope you enjoy watching the video and we would really like to hear what you think about it! If you like it, let us know and we will produce this more regularly. If you like this podcast: “Building a property portfolio in a tough market – Chat with Damian Collins”, 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 platforLISTEN 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 received a lot of great feedback regarding our MoneySMARTS system and quite a number of our listeners have requested we unpack it a little bit more. So for today’s episode, we'll be talking about some of the dumb things people do with their money!If you’ve listened to our previous episodes, by now you would have understood that good money management is crucial to building a successful property portfolio. But this is easier said than done. What we would like to highlight in this episode is that small things lead to big things. A tiny expense here and there will eventually sum up to a significant amount if not monitored properly. So Bryce and Ben list12 bad habits they’ve seen and here are the top 5!Having too many separate individual bank accounts.Not changing your lenders simply because you are familiar with the facilities and online banking arrangements.Thinking credit card money is your money.Not paying yourself first.Not having an offset account.Tune in to find out the rest!  Other resources mentioned in this episode:Episode 53: The MoneySMARTS system – Listen hereEpisode 3: Four Pillars of Mastery - Cash Flow Management – Listen hereIf you enjoyed this episode (Dumb Things People Do with Their Money!), 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: https://thepropertycouch.com.au/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 Property Investing - Make Money Simple Again FIND US HERE: - Website - Instagram - Facebook - Youtube

Before you go on, let’s make this very clear: We have full respect for real estate agents out there. This episode is not about highlighting the differences between us and them. Instead, what we are focusing on today is the full role of a real estate agent. As insiders of the industry, we noticed that a lot of buyers out there do not seem to realise that the real estate agent is not working for them. Real estate agents work on behalf of the vendor and hence, at the end of the day, the role of the agent is to sell the vendor’s property to the highest bidder so buyers should not be expecting the real estate agent to be offering them any discounted price.So today’s episode is about understanding the process the agents have to go through, and the decisions they have to make and from there, suggest a few ways that buyers can implement to outsmart a real estate agent. Bryce and Ben will be sharing their tips on reading an agent’s body language, picking up the subtle messages, what the property price guides actually mean and more! Tune in and let us know what you think! Other resources mentioned in this episode:Replay for our Facebook Live Q&A Chat – Watch hereBen’s RBA Cash Rate June 2016 Announcement – Watch hereIf you like this episode (How To Outsmart A Real Estate Agent?), 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 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

Back-to-back Questions and Answers episode! We’ve had a great time yesterday on our Facebook Live and hence we thought we should answer some of our other listeners’ questions. This week, Bryce and Ben look at the questions below. Thanks again for submitting your questions!:Question on entering the property market from Glenn.Question on buying a property with another person from Stevie.Question on Buying a property with another person from Michael.Question on rentvesting from Samuel.Some of the resources mentioned in this podcast:Episode 54 | Entry into the property investment market, debt reduction and investing in house and land packages – Listen hereEpisode 59 | Rentvesting: What is it and who is it for? – Listen hereFacebook Q&A Replay Video – Watch hereIf you like this Q&A episode (Buying a property with another person, security guarantee and rentvesting in Gold Coast), 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 Property Investing - Make Money Simple AgainLISTEN 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 Questions and Answers time! This week, Bryce and Ben look at the questions below. Thanks again for submitting your questions!:Question on Growth and Yield from Steve: Question on Metro or Regional from James:Question on forecasting capital growth from Kayne: Question on active investing from Brian: Some of the resources mentioned in this podcast:Report from CoreLogic: A Profile of the Australian Investor – Who, Where and What? – Download hereEpisode 37 | Understanding the Scarcity Factor in Property Investment – Listen hereCase Demonstration: 4% Growth and 6% Yield vs. 6% Growth and 4% Yield – Watch hereEpisode 51 | Will Labor’s proposed changes to the Negative Gearing policy be good or bad for ordinary Australians? – Listen hereIf you like this Q&A episode (Where is that sweet spot between Growth and Yield, investing in metro or regional and more), 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 Property InveLISTEN 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