The Property Couch

It has been some time since our last episode on investing and mindset framework so this time, Bryce and Ben will be unpacking the common complaints they hear from property investors. Here are the top 9!Wrong assetNo buffer in placeMentoring was actually salesmanshipNot maximising tax depreciation with Quantity SurveyorSolo sportSelf-property management (Check out Episode 31)Poor cash flow management (Check out Episode 3)Not starting early enoughSellingApart from that, they will also be sharing some insider information on ‘offers’ they’ve received from property spruikers out there, Labor’s debate on negative gearing and the changes on foreign buyer stamp duty. Also, if you are interested in the BMT Tax Depreciation Application Form mentioned in this podcast, just fill in the form below and we’ll send it to you right away: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

We have a guest on the show today! Kieran Clair, Editor of Australian Property Investor Magazine joined Bryce and Ben to talk about his role in the media and publication industry specialising in property investing. Prior to journalism, Kieran was an experienced property valuer and has more than 20 years of experience valuing properties for owner-occupiers and property investors. So for today’s show, the three of them will be discussing:Kieran’s experience as an investor and what motivated him to build his portfolio.The mistakes, lessons, and investing tips he learned as an investor.His role as the editor of API Magazine.How the property valuation industry has changed over the years.What’s the property valuation process like?The types of properties that tend to be valued below market price.Factors and considerations that would affect a property’s value from a valuer’s point of view.Other links:Herron Todd White’s Monthly – Find out moreAny feedback for API Magazine? Email them here: editor@apimagazine.com.auP.S.: You may have noticed that the audio quality for today’s podcast is not as clear as it usually is. We experienced a few technical difficulties while recording and we do apologise for this hiccup.If you enjoyed this episode of “Property Valuation Process and the Journey of a Property Investor – Chat with Kieran Clair”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) or our Facebook page. If you have 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

Well, technically winter is already here. However, we will be talking about the Property Market in this episode and for all of you who are a fan of Game of Thrones, you’ve guessed it right. It’s not going to be a good news story.Now, you’ve heard us talking about the danger of high-density developments before but this time, we are hoping to solidify our message by sharing some numbers with you. It is not a secret that we’ve seen a whole lot higher to medium-density apartments coming into the market in the last 24 months and a lot more will be completed in the next 18 months. Below is the table that Bryce and Ben were talking about in the podcast.This data is an extract from CoreLogic’s article dated 16 May 2016 called ‘Record high unit construction increases settlement risk’. To read CoreLogic’s commentary, please click here.So how will this affect the Australian Property Market and its existing properties? Will there be a significant market correction and if so, should buyers stay off until this happens? Bryce and Ben will also be answering a question from Vlad:John Symond on 3AW predicted a 10-20% fall in property prices if Labour’s policy on negative gearing were to be implemented. Given the uncertainty, is it prudent to wait until after the election to make decisions about investing in property and to see, should labour win, what their sledgehammer will do to the market?PS: We’ll also be holding a Live Q&A Event on Wednesday, 29th of June at 8:30 pm. Check out our Facebook page for more information!If you like this episode (Winter is coming and the air will be colder up high), 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 MANAGEMELISTEN 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 episode starts with a recap on the AREC16 Conference (ps: Bryce refused to talk about AFL). Bryce and Ben also discussed the possible impact of technology on the property market for example, what would happen if we don’t need to drive a car in the future anymore? Would car spots still be a consideration in asset selection?They then moved on to answering a couple of the listeners’ questions below;Asset selection question from James.Next step question from Mat.Question on strata properties from Sarah.Question on timing the market from Leighton.If you like this Q&A episode (How will technology impacts the property market, investing in strata properties 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

It has been quite some time since our last case study so this time on The Property Couch, Bryce and Ben will be discussing one of the case studies that we’ve received from our fellow listeners! Here’s what Tom wrote to us:After listening to Episode 56 where you discussed various other case studies I thought I might write in to see if you were interested in discussing our situation. I’ll try and keep it short!About 18 months ago we signed another contract, this time on a 4-bed H & L in Doolandella, 18kms out of Brisbane for circa $400k. After a long land settlement, this was completed yesterday and will be advertised for rent tomorrow. Looking at about a 4.9% yield. Again, this is on an interest-only loan at 90%. Deposit and costs were paid from our savings – I know, huge mistake!We have just had our first child and Kirby is now off work. We have a ~$45k buffer in our PPOR offset and somehow are still managing to save, even though Kirby is off work, although receiving maternity leave payments.We use a credit card to pay for 95% of our spending and repay at the end of every month to ensure no interest payments.So, we are still very keen to use the property as our investment vehicle and have learned so much in the last year but are now stuck as to our next step. We doubt we would have enough equity to purchase again now and the fact Kirby is off work will severely hamper our serviceability. She will return to work at the start of 2017.Questions:Do we sell both/one of our current properties? We’d like to keep it if possible as I am a firm believer in buy and hold, although will they hamper us moving forward?Where to from here?Any information from you would be extremely appreciated. I’m sure there are a number of people who have used ‘property spruikers’ such as these to purchase less-than-ideal investments.If you like this case study episode, 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 thoughtsLISTEN 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 again! This week on The Property Couch, Bryce Holdaway and Ben Kingsley will be answering the questions below from our fellow listeners. Thanks again for submitting your questions!Next step to building a portfolio question from Derrick: Size of portfolio question from Jason: Question on leverage from James: IP or PPOR question from Karla: Case study question from Deanna:  I am 22 yrs old and am convinced of the benefits of property as a long-term wealth-building strategy, for now, I am trying to develop as much understanding as I can. My questions are as follows:Do you recommend that the first property that someone buys is for PPOR or can it sometimes be an IP?What is your opinion of young people utilising the first home buyers grant? What is your opinion on diversifying wealth-building strategies? For example, do you observe in your successful clients that they are involved in property investment only or do they often also include other investments such as a share portfolio in their strategy?References:Money magazine – Special Real Estate Edition – Buy hereABC News article: Who uses negative gearing in Australia? – Read hereRP Data: Weekly rents have continued to fall over the past year – Read here2GB Ross Greenwood chat with Roger Montgomery – Listen hereQantas in-flight radio: Alan Kohler chat with Bryce Holdaway – Listen HereIf you like this Q&A episode (Exiting a contract, crowdfunding, what’s the impact of global events on the Australia Property Market 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: 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 in the property industry!It started off with ABC’s Four Corners Monday night segment called Home Truths. This episode focused on housing affordability and negative gearing and they interviewed a few parties for this segment.Following that, we have the Cash Rate announcement at 2:30 pm on Tuesday. As widely expected, the Reserve Bank of Australia has dropped the cash rate by 25 basis points to 1.75%. A few factors contributed to this decision but one of the main reasons is the deflation recorded in the January – March 2016 CPI data. Although most economists have forecasted this movement, there aren’t many who talked about the changes that lenders would make. Would they pass on the full rate cut? What other changes would they implement following RBA’s decision? How will this affect the current mortgage holders?Finally, on Tuesday night, we got the 2016 Budget announcement by Scott Morrison. With so many speculations surrounding the negative gearing policy, what would the Government propose? Hence, this week on The Property Couch podcast, Bryce Holdaway and Ben Kingsley will be talking about all these discussions and how will it affect The Great Australian Dream. Tune in to start listening now!Resources mentioned in this episode:RBA May 2016 Cash rate announcement – Watch here2016 Budget Announcement – Read hereABC Four Corner’s segment on housing affordability – Watch hereATO’s Taxation Statistics 2013–14 – Read hereIf you like this podcast: “Does the Great Australian Dream still exist?”, 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.LISTEN TO THE FIRST 20 EPISODES HERE >>MOORR MONEY MANAGEMENT APP: 👉 Apple: https://apple.co/3LISTEN 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

Listeners of The Property Couch will probably know our views on property renovation. If it’s a small project such as fresh paint, we are all over it but if you are looking at renovating for profit, we always ask our listeners to proceed with caution because a renovation project can be quite daunting for the inexperienced. In this episode, Bryce and Ben invite a close friend and fellow property expert (especially when it comes to renovation!), Jane Slack-Smith from Your Property Success to share some of her views and tips on property education and renovation! The three of them talk all things property & renovation including:The different types of property education seminars in the marketHow to ensure you are getting your own independent viewsThe right mindset when it comes to property renovationCharacteristics of a successful renovatorConsiderations and risks that you need to weigh up prior to starting a renovation projectProperty renovation tips for beginnersIf you are interested in the 20 Essential Renovating for Profit Tips report mentioned in this episode, head 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

It’s Episode 60 and we’ve got a special guest on the show today! Bryce and Ben have invited Chris Gray, host of  ‘Your Property Empire’, on Sky News Business Channel and CEO of Empire Property to talk about all things property. Apart from being a property expert, Chris also manages his own property portfolio and is currently a rentvestor. In fact, he has been rentvesting for quite some time. So, drawing from his experience, the three of them will be discussing:How he built his property portfolio through rentvestingThe considerations for investors if they decide to adopt this investment strategyThe required mindset for rentvestorsThe scenarios where rentvesting is worth implementingWhat kind of expectations you would get from family and friendsHow to look at the numbers and ensure your cash flow is taken care ofThey will also be discussing the lessons learned along the way and what they think about the current Australian Property Market. 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

As mentioned in a previous podcast, Bryce Holdaway and Ben Kingsley will be talking about Rentvesting today! It’s not a common property investing strategy but it is gaining some momentum amongst Australian property investors. In fact, Ben was asked to write about this for the March 2016 Cover Story of Money Magazine. If you would like a copy of this article, just fill in the form below and we’ll send it to you right away.In this episode, our hosts will be explaining what this strategy is all about. The concept is fairly simple but it is important to note that rentvesting is NOT for everyone. You need to look at your numbers and make sure that it works for your cash flow position. There are a few other considerations that you’ll need to think about as well before jumping in such as how it’ll benefit your household’s circumstances and how comfortable are you with the concept of renting. Start listening to the podcast to find out more.ps: They will also be giving an update on the Negative Gearing debate at the end of this podcast! The resources mentioned in this post:Ben’s interview with 2GB Radio – Listen more.Fill in the form below to start downloading Ben’s article on Rentvesting.If you like this podcast: “Rentvesting: What is it and who is it for?”, 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.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 >>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