The Property Couch

Folks, we’ve got another real life investor story joining the Summer Series! And this time, our listener Jill Stewart has swapped her headphones for the microphone to share her own investment journey!! Unlike the 8-person town she grew up in — “Come By Chance” — Jill’s impressive 10+ property portfolio has been the result of working hard, putting money aside for the future, consistently educating herself and doing things differently… And she’s here to explain how it’s possible build a portfolio OUTSIDE the capital cities and why a focus on yield and holding property for the long term has been the right strategy for her and her family’s needs.   Get the gold on… * Why does Jill focus on yield? * What was money like when she grew up? * What did her dad teach her about investing in shares? * How has that influenced her money management habits? * Does her brother invest too? * How has this influenced their separate wealth? * What do you need to do to be financially stable? * Should you rent out a house you’ve lived in? * Is it a good idea to self-manage your property? * What are some money lessons for kids that Jill teaches her own children? * What habits of highly effective property investors does Jill practice? * Is there anything Jill would have done different? * What did Jill think was a “waste of money”? * Why does Jill prefer to pay principal and interest over interest-only? Is this wise? * How old will Jill and her husband be when they retire? * What is the correlation between capital growth and rental increase? * How does Jill keep track of the costs on so many properties?     Missed our earlier episodes in The Summer Series? Check them out below

Folks, our Summer Series continues with ANOTHER ripper guest! And not only is today’s guest a very special TPC listener (!!) but also…. he is a REAL LIFE INVESTOR! But there’s a problem… John Hartill has learnt a lot of things the hard way. Unfortunately, he made mistakes along the way that, if we’re being completely honest, have cost him a small fortune. Over his property investment journey (expanding a couple of decades now) John has been spruiked to, sold to and, sadly, bought really bad properties. The fact is… He’s tried every property investment strategy under the sun — buying house and land packages, developing property, renovating, investing in positively geared property — you name it folks! And as a result, John’s had to learn the true cost of holding property and what’s at stake if you get your advice for free, buy Off the Plan or jump in without the correct education to support you. And he’s here to share his personal story so that YOU can avoid making the same mistakes.   Here’s the gold… * How did John get into property in the first place? * What was the first mistake he made? * And how much is that property worth now? * What interest was John paying on his loan for his first property? * How was his cash flow management affected? * Could he continue investing while also being self-employed? * Why is location so important in investing in property? * What were the costs of selling property? * What were to costs of holding onto poor performing property? * What Spruiker tactics were used on John? * What would John do differently? * How is his portfolio performing now? * Is he using the Money SMARTS system? * When does he want to retire? * In all likelihood, was John’s profit a real one or a “paper profit”? Why? * What were the other property investment mistakes John made? * How can you fix bad property investment decisions? * Why isn’t free advice a good idea??   Missed our earlier episodes in The Summer Series? * Episode 204 |Peter Koulizos – What he’d like to do about Negative Gearing * Episode 205 | Expelled at 15 and 3 properties by 22 – Chat with Jack Henderson * Episode 206 | Nerida Conisbee – What’s Happening Around the Ground in the Australian Property Market? * Episode 207 | Pete Wargent – The Real Story Behind the Charts * Episode 208 | Tom Panos – Making MORE Money While You Sleep in 2019 * Episode 209 | Veronica Morgan – From the coalface of the Sydney Property Mar...

With 2019 officially off the ground, we thought we’d organise a reunion with our good friend “Ronnie”…  A.K.A the one and only Veronica Morgan, who is ABSOLUTELY qualified to give you the heads up on how to find an investment grade asset in this Buyer’s Market! ( Shhhh… don’t tell her we called her “Ronnie” here

Happy New Year Folks!! And what better way to kick off the FIRST DAY of 2019 than with a brand new episode on our Summer Series??!! Not to mention, we’re also dropping the secret of how YOU can make more money in this year! To help us welcome in your year of wealth is Tom Panos, Real estate coach, trainer and Founder of Real Estate Gym who has been an active property investor for the past 25 years! If you missed his earlier episode on the Couch — Episode 120 | Secret to Making Money While You Sleep —then it might pay to know that Tom’s also the co-host of the Million Dollar Agent podcast, 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. Oh, and just to add a bit more icing to the cake, Tom wakes up at 5am just so he can bring his best to life every single day. (With the shadow of New Year’s Eve still under most of our eyes, the discipline of this might feel MUCH more real, huh??) In a nutshell: Tom knows his stuff. And he knows how to be the best at it. So if you’re feeling a bit fragile today, all good, chuck in your headphones (maybe grab a glass of water on your way through), and just chill out. We’ve done the hard work for you

Folks, The Summer Series continues, this time in the shadow of Christmas… BUT that doesn’t mean we’ve stopped gifting very special guests!! Joining us today is no stranger to property investment or The Property Couch… Pete Wargent!! You might remember him back on Episode 139 | Pete Wargent, Multimillionaire at Age 33: How did he do it? And that title explains a lot of what Pete’s about — achieving financial independence. And, yep, he personally did it for himself at the ripe age of 33 too. To give you an idea of Pete’s background: during his professional career, he qualified as a Chartered Accountant in London and was previously a Director at the ‘Big 4’ accounting firm, Deloitte. He indeed walks the talk when it comes to investing and he gratefully parked his career in accountancy, having achieved early financial freedom, as detailed in his first best-selling book, Get a Financial Grip: a simple plan for financial freedom. And he’s here to talk all things data, the future of the Australian property market and the impacts of Labor’s proposed changes to Negative Gearing, as outlined in his recent report.   Here’s what you can expect… * How many hours per day is Pete looking at the data? * What were the biggest themes coming through 2018? * Will the Australian economy slow? * What are some themes that might start occurring in the economy? * What are the charts showing about job vacancies? * Is Melbourne looking like a strong economy from an employment point of view? * What might happen if the lending restrictions continue? * What’s pushing down inflation? * What does Pete predict we’ll see in 2019? * If you’re investing for the long term, what do you need to keep in mind? * Why is it not the best to invest in property for the short term? * When does property outperform shares? * What happened in Britain that was similar to the Banking Royal Commission? * When are we likely to see a loosening in lending? * Why is the lending environment like a “pendulum”? * What does Pete think about the proposed changes to Negative Gearing? * What did Pete’s co-written report show might happen if this policy is introduced? * Will changes to negative gearing work? * Why might the change to negative gearing create a two-tiered market? * What can investors do if negative gearing is changed? * Why will yields increase? * Is it wise to think construction will increase if house prices fall? * What’s Pete advice to his clients right now? * What are the unintended consequences of Labor’s policy? * What are the politics of the policy * Will it affect stamp duty?

What’s better than Christmas day…..???? A brand new episode on Christmas day!!!   HO, HO, HO, Merry Christmas, folks!!! We spotted a little something under the tree… and it looks like… a perfectly-wrapped PROPERTY MARKET SPECIAL!!!!! And here to unwrap this gold is none other than the Chief Economist of REA, Nerida Conisbee!!! And she’s absolutely nothing less than one of Australia’s leading property market experts!! Yep, this will be Nerida’s third time on the Couch…. We spoke to her back on Episode 094 and Episode 127… and every time we’ve been in her company, she’s well-and-truly delivered on the Gold!! So, let’s take a trip across the country as a special Christmas-treat, shall we? … Let’s dive into the good and, ahh, not-so-good places to invest across Australia, especially our capital cities!!   Here’s the Christmas gift, unwrapped… * What’s happening around the ground in the Australian property market? * What are the best performing cities now? * Is Hobart’s growth expected to continue on into 2019? * Why is the confidence in Adelaide quite high? * Is it the right time to invest in Adelaide? * Which areas of Perth are performing? * Is Perth a dependable place to invest? * What’s the Vacancy Rates like in Cairns? * Should you invest on Gold Coast? * What movement is happening in regional QLD? * How can you find investment grade properties in regional centres? * Will Brisbane remain a two-tiered market? * What should we be keeping an eye out for in South East Qld? * How often is Nerida in each individual state? * What’s likely to happen in 2019 across the property market? * Will the lending restrictions loosen? * What was the aim of the Royal Commission? * What are the two risks of Negative Gearing Changes? * What price impact will negative gearing have on properties, according to research? * Why are renters also vulnerable to the proposed Negative Gearing policy? * When is it likely that we’ll start seeing stability in the market? * What’s most likely to cause a drop in RBA’s cash rate? * Why might the Trade Wars between US and China have such a huge impact on our economic growth? * Is it “Bricks and Slaughter” or “Clicks and Slaughter” AND * Exclusive news dropped on The Property Couch! * What’s new with REA Group? * What will they be launching next year???   P.S. DOWNLOAD our Free Binge Guide Here – The First 20 Episodes This 80-odd page document is the vault containing all the foundat...

As part of our brand new Summer Series, we put a request out there to see if any of our Couch Tribe were interested in sharing their story… the result? Today’s guest!!!   Folks, our very own listener, Jack Henderson, is here to explain his own property investment journey and how he’s managed to go — yep! — from being expelled at 15 to owning THREE properties by the impressive age of 22!! The million dollar question is… how did he do it? Let’s here the story straight from our star guest, shall we?   Before we get into the ripper of a story, just a quick shout out to say… “Good on ya’ Jack! Thank you for sharing your incredible journey and your numbers with us!” Seriously folks, it’s awesome that many of our listeners were quick to put their hand up and pass their knowledge on to help other folks out there!! So just a heads up… You can expect a few more guest listeners coming up in the Summer Series

Folks it’s time to rip out the straw hat, grab your sunnies and chuck on your thongs… because TODAY IS THE FIRST DAY OF OUR SUMMER SERIES!! Which means this: 2 Episodes of The Property Couch each week — Tuesday and Thursday — kicking off RIGHT NOW all the way until Thursday 31st January! Yep. That’s 7 unstoppable weeks of nothing but the best guests, double time! And joining us for our first ever episode of the season to dive into the implications of the proposed changes to Negative gearing is none other than the Property Professor himself… Peter Koulizos! If you recognise the name, that’s not only because Peter is an industry expert who has been in the property education space for a very, very long time, he’s also sat on the Couch a couple times already!! We spoke to him about gentrification way back in Episode 30 and then again in Episode 47!! Although he likely doesn’t need an introduction, we’ll clear up that, yes, aside from being a hands-on property investor himself, Peter specialises in property valuation and economics and holds a teaching degree, a Graduate Diploma in Property and a Masters of Business (Property). He lectures in Property Investment for Tafe SA, Uni SA and other property education courses all over the country. And he’s done all this for over a decade. Not to mention, the Property Professor also took over the reins from Ben as Chairman of Property Investment Professionals of Australia (PIPA)! So, let’s bring out the Summer cocktail and kick off the conversation shall we?!   Before we throw down the beach towel, don’t forget… DOWNLOAD our Free Binge Guide Here – The First 20 Episodes This 80-odd page document is the vault containing all the foundational tips and insights you need to be a successful investor. Want a Free Copy of The Golden Highlights? You can get it here.   Here’s the lowdown on Negative Gearing… * What are the biggest observations that have come out of 2018? * What are the ramifications of these observations? * What are the common questions people are asking Peter Koulizos? * Let’s talk about it… Negative Gearing and why it won’t work!! * What happens if you discourage people from buying property? * Should you still invest in property if the Negative Gearing Changes happen? * How are Off the Plan properties going to fare if Negative Gearing is introduced? * And how much of these properties make up the total market? (Spoiler: it’s not much!) * And why will rents likely rise? * How did the Negative Gearing Policy come about in the first place? And why is it no longer needed? * What can we do instead of changing Negative Gearing laws? * How can the Shared Equity Scheme help? What is it? * Why is Adelaide a great city to invest? * What do you need to consider when investing in Adelaide? How’s this different to investing in Melbourne? * Why is it important for a property investor to remain unemotional? * How long can we expect the credit crunch to last? * And

Folks if there’s one thing a property investor wants… it’s to make sure that their asset is taken care of! And an invaluable way to do this is to make sure you have quality tenants who will respect your property and obviously pay their rent on time. But you also need the assurance that (touch wood) if the worst case scenario were to play out, you’d have someone on your side to protect you and your asset and, importantly, hold the right person accountable. …. This is where having the right property manager can make all the difference!! So how do you spot the right property manager? And what are the traits that separate the good from great?? Joining us today — for her debut on The Property Couch — is Lauren Robinson, Founder of RentalResults, a specialist property management business based in Brisbane, author of Rented and a successful property investor (commercial and residential) in her own right. With over 15 years’ experience in the property management industry, having won Property Manager of the Year in 2017, and buying her first property way back when she was 22, Lauren is quite the guest to cover today’s topic! Before we crack open the lid and dive into the gold, just a quick shout out that our Summer Series starts THIS COMING TUESDAY (18th of December). Yep, that IS a Tuesday!   What’s our Summer Series?? Folks, the festive season just got a whole lot more fun with TWO EPISODES PER WEEK, featuring nothing but the BEST guests… some of which include our very own tribe of #TPC listeners!!! Here’s the deal… From 18th December – 31st January the Couch is coming to you TWICE a week on Tuesday and Thursday!   DOWNLOAD our Free Binge Guide Here – The First 20 Episodes As mentioned on today’s show, don’t forget to pick up your Free Copy of the Golden Highlights. This 80-odd page document is the vault containing all the foundational tips and insights you need to be a successful investor. You can get it here.   Also, we’ll be featuring on the Today Show on Channel 9 THIS Saturday 15th December @ approx. 8:30am, so make sure you turn on the telly on if you’re up and about

Over 2 ½ years ago, waaay back on Episode 66, we warned you that Winter Was Coming… The question is folks… did you prepare? We really hope you did. Because if you caught ABC’s three-part 7:30 Report this week or you read the OECD Housing Report that came out on Monday, then you’ll know that the Australian housing market isn’t the flavour of the month at the moment. We’ve all seen that the property market come off its peak, and this, combined with the credit crunch following APRA’s lending restrictions and the Banking Royal Commission, as well as the proposed changes to Negative Gearing and Capital Gains Tax has spread a ripple right across market sentiment. In other words, you could say… Winter is here. So, today we’re diving into what’s unfolding with housing prices and what we’re likely to see happen in the property market from here. To help with this, we’re revisiting what we discussed 2 ½ years ago — Episode 066 | Winter is coming and the air will be colder up high. And folks, the similarities between what we said then to what we’re seeing now just might shock you! Those who acted early and pulled out the umbrella won’t be surprised. BUT the real question is: what does all this mean for you and the future of investing in property? Or do you simply want a straight answer to “What the heck is going on in the property market right now?” We’ve got you covered.   Here’s the wild ride you’re in for… * What exactly was portrayed in these reports? * What’s the catalyst behind the downturn? * What property type is most affected? * What did Ben say back in 2016 in Episode 66 in about this? * Who will be affected now that Winter is here? * What is the mean property price in relation to the average income? * What did we say would like happen to sentiment two and a half years ago? * What had we predicted about the “paper wins” of Off the Plan properties? * Will this spread to the broader economy? * How can you navigate the credit crunch? * How long can we expect this to last? * What’re the ramifications of a “building boom”? * Will we see the “longest housing downturn?” in Australian history? * Why is Negative Gearing NOT a good idea right now? * What about the “R” word — Recession? Why is this a real possibility? * What creates a technical recession? * What’s generational wealth? * Is The Great Australian Dream just that… a dream?

Today’s show is a special shout out to our parent-folk out there (and for those who might one day be one)! Heck, if you just want some foundation money management tips, you’ll find some golden nuggets here too! What we’re about to unpacked is a framework-stacked episode featuring THE Money Lessons for Kids — more specifically, how to teach your kids about money! Because, let’s face it, money makes the world go ‘round… so if our young folk aren’t given a proper head start as to how it all works, their futures will be impacted. It really is as simple and as straightforward as that. So, how do you work out when and how to teach them? Well, with 2 young boys each, we’ve asked ourselves the same thing. We get it — trying to run a household, manage your own money AND make sure your kids grow up to be respectable, decent and bright humans is no easy task. Adding to that the necessity of teaching them about money so that they can, not only survive in the big wide world but actually thrive in it… well, even we could do with some insights! That’s what we want to give YOU today (if you’ve got more tips to teach our own kids too, we’d love to know!)…   Before plunge into the murky waters of Money & Kids 101, here are a few bits of housekeeping and the free resources we mention in today’s show… * Upcoming Facebook LIVE, 12 PM (AEDT), Monday, 10th December – Join here * ASIC’s MoneySmart Website – Teaching kids about money * Ben’s Cash Rate Video – RBA Dec 2018 Announcement – Trade Wars & Stock Market Corrections * Tim Ferris’ Interview with LeBron James – Tune in here * The Power of Vulnerability by Brene Brown – Watch here * CoreLogics Housing Report – Click here to check out the Monthly Reports * Australia’s GDP Report for the September Quarter – Check it out on ABS * The Golden Highlights – CLICK HERE for the gold in our first foundational 20 episodes Oh, and because kids learn A LOT just by watching what you do (so the way you manage your own money really matters), here’s a shameless plug for our new book, Make Money Simple Again! As Bryce mentioned, his TV show Escape from the City premiers on the 3rd of January 2018! So make sure you spare some time between the cricket to check it out! Just a heads up, he’ll personally be appearing on the show a few weeks later on the 31st January

It’s the first Tuesday of the month Ben… which means the RBA Board has met and announced the official cash rate! Ben’s update today focuses on not only the cash rate, but on the biggest story of the last six weeks as well… the stock market corrections! Plus, Ben explains why Scott Morrison’s latest announcement signals the timing of the upcoming election, and how this will impact the economy moving forward. So… for the last Cash Rate announcement of 2018, what will be RBA’s decision on the cash rate? Most namely the biggest story of the last six weeks, and certainly into November, has been the stock market corrections that we’ve seen around the globe on the fears of a slowing global economy. You can also factor in the spike that the US economy had and the US share market had through the lower tax rates introduced by Donald Trump. So we’ve got that as a backdrop, but also the share market has also lost confidence because of the trade wars that are going on. Interestingly, over the weekend China and the US met and they’ve put a truce in place — well, it’s short term so it might be a false dawn, but we have a truce in place — which means the US aren’t going to increase their tariff percentages and China has promised to buy a significant amount of US goods. What has that meant? Well, we’ve definitely seen the stock market have a very, very good couple of days and that’s potentially put some confidence back into the broader stock market, and hopefully the broader economies around the world. But it is short term; we need to get through this Christmas period, which is going to see some significant changes. If you’d like to check out his previous commentaries, click here.         DISCLAIMER: This video is general information only and is an opinion comment by Ben Kingsley. The information contained in this video is for Australian residents only. The information does not take into account the particular investment objectives or financial situation of any potential viewer. It does not constitute, and should not be relied on as, financial or investment advice or recommendations (expressed or implied) and it should not be used as an invitation to take up any investments or investment services. No investment decision or activity should be undertaken on the basis of this information without first seeking qualified and professional advice. The Property Couch, its employees or contractors do not represent or guarantee that the information is accurate or free from errors or omissions and therefore provide no warranties or guarantees. The Property Couch disclaims any and all duty of care in relation to the information and liability for any reliance on investment decisions, claiming the use or guidance of this publication or information contained within it. For more information, please visit: http://thepropertycouch.com.au  

Folks, it’s finally here…… our 200TH EPISODE!!!!!!!!!! Pheeeeeeeeeeuuuuuuuuppppp!!!! (This is as close as we can get to a Party Horn sound.) And, boy, do we have a legendary episode for you!!! To give you an idea folks — when we locked in today’s guest, Ben was cartwheeling and high-fiving all over the joint. And for good reason… because joining us today is none other than THE “Money” man himself, Mr Paul Clitheroe!!! Look, we probably don’t need to tell you that from 1993 – 2002, Paul Clitheroe was indeed a household name — appearing in people’s lounge rooms as he hosted the wildly successful show Money on the Nine Network. Yep. Almost one in two households were watching his show, so if you’re like us, and you’ve got a bit of “salt and pepper” in your hair, chances are you were one of the folks watching! For those Gen Y-ers who might not know Paul, he (along with his uni mates) founded the leading investment research and advisory company ipac, back in 1983. He’s got more than a handful of books to his name — Money, Marriage and Divorce, Making Money, The Road to Wealth, Free Yourself from Debt, Make your Fortune by 40… and this isn’t even all of them! You can stalk all of his books here. To put the cherry on his very successful career, Paul’s gone on to dedicate his professional life to serving others, having been an active advocate of financial literacy for DECADES and championing ASIC’s MoneySmart Schools. To give you an idea, he’s Chairman of the Australian Government Financial Literacy Board and Financial Literacy Australia, as well as the Chairman of InvestSMART. Oh, and he’s also Chairman and chief commentator of Money magazine. Yep. Doesn’t get much better folks!! Well, maybe it does… because we’ve got him for over 1.5 hours of rock-solid gold!!! (Yep. You might need to listen to both ways on your commute!!) The even better bit? … Paul comes with real life money hacks AND he’s also a ripper storyteller!   Before we kick off this epic-of-epic episodes, we’ve also got YOU a gift for our 200th episode…… CLICK HERE to Get The Gold from our very first 20 episodes in 80-odd pages of foundational property investment tips These pages flood the bucket with golden foundational tips and actionable takeaways! They contain a lot of our best stuff, and our later episodes draw on the insights from these earlier ones. So it’s crucial you pick up the gold in these, so you don’t miss out on this really important info (also saves you from trolling through hours and hours of these podcast eps!).   Get the insider’s guide to… * Know where to buy * Pick the right property * Structure your home loans without hitting “glass ceilings” * Manage your money * Time the market * Lessen your risk * Apply the fundamentals * Conquer your investment strategy * Avoid spruikers and bad advice * And much, much more. Click here to download it or simply fill in the form below and we’ll send it to you right away!

Folks, with State Election around the corner and the Federal Election less than a year away, it’s time to future-proof your portfolio. The market has changed and will continue to change. We’ve also got some challenges in the Macro landscape as well — lending regulations, potential changes to negative gearing and interest rate rises, just to name a few. So you might be asking yourself, “How is it still possible to build a property portfolio and earn $2K per week in passive income with all of this other stuff happening?” And you’ve got a good point. There IS a reason to be concerned, but this does NOT mean you have to abandon ship altogether. Far from it. So in today’s episode — before our Surprise Superstar Guest joins us next week for our 200TH EPISODE!! — we’re going to answer some of your questions about how to do exactly this.   This is just a few of the things we’re discussing: * The right time to buy in a changing market * How should one approach 2019? * Picking the bottom of the market (and if this is actually possible!) * Strategies to increase your cash flow * The house price drop * Releasing equity * Starting with ZERO equity * The future of the property market   Before we get to the questions, Ben is coming to all of you who are based in Perth! As the Chair of PICA of course. Details below: When: 6:30 pm – 9:00 pm AWST, Tuesday, 4 December 2018 Where: Queens Building, Lecture Room, Level 1, 97 William Street, Perth, WA Cost: FREE! Link to secure your ticket: Reserve your Seat here   And if you’re after the video that Bryce mentions in today’s show to Know Your Number… Watch it below or click here to watch it now.   Finally, the questions we’re answering today… Question from Mirella: When talking about earning $2,000 per week in passive income is this measured before or after outgoings; eg. rates, land tax, etc.?   Question from James: Trying to build a portfolio whilst the future of interest rates and a change in government and a change to negative gearing could potentially impact the market. How should one approach 2019?   Question about market sentiment/right time to buy from Kirthika: Thanks for this session guys! Quick Q… there’s a lot of media activity discussing the impending drop in property prices over the next few years. As a result, my husband and I are worried about investing now? in the event we could buy for cheaper in a year! What are your thoughts?   Question about increasing cash flow and paying off debt from Nipper: I feel confident with how to select investment grade properties. But I’m not so sure on how to hold them then get to

Folks, if you’re playing the long-term game in property investing, you’ve got to know how to navigate the credit crunch! And what do we mean by this?? … You MUST build financial muscle in order to succeed at the game of lending! Because folks you can NOT save your way to a passive income. You just can’t. What you need is access to credit and an ability to optimise this credit so that it works in your absolute best interest. But of course, there’s an elephant in the room here, isn’t there?? The lending landscape has changed, folks! This can be seen from APRA’s lending restrictions all the way to the banks feeling the pressure following the Royal Commission — both of which are just the tip of the iceberg property investors are now facing when it comes to accessing finance. So. Here we are at the messy middle…… how can YOU cut through these challenges and still get the lending results you need?? Well, we’ve got 9 Tips up our sleeve to help you do just this folks!!!   Before we kick off the key learnings, here’s a couple of reminders from today’s episode… 1. Have you got a copy of Make Money Simple Again yet? Grab a copy with 20% Discount here! Just use this coupon code: TPC20 Not ready to buy the book yet? No worries! Just download the Free Chapter here and check it out.