The Property Couch

Following from Part 1 of Episode 30 (Five Golden Rules of Property Investment), our hosts continue on to talk about a topic that Peter Koulizos is current researching on: Suburb Gentrification. Previously in episode 26, Bryce and Ben had briefly touched on this topic and in this episode, they elaborate it further. Gentrification in general means wealthier people moving into an area and in Australia, the gentrification process varies across different states. Most people are able to see once the process nears the completion stage or sometimes, when it has gentrified but Bryce, Ben and Peter discuss about the signs that you can look for which indicate the start of this process. Tune in to find out more.   Resources mentioned in this podcast: * Top Australian Suburbs: A Guide for Investors and Homebuyers – Click here * Property vs Shares: Discover your knockout investment strategy – Click here * Property Options for Pensioners & Investors (POPI Australia) – Click here   If you like this podcast: “What is Gentrification and Signs to look out for – Chat with Peter Koulizos”, don’t forget to rate us at 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/

The Property Couch has reached Episode 30! To celebrate this, we’ve got The Property Professor, Peter Koulizos joining us to talk about the Five Golden Rules of Property Investment. Peter comes with a high pedigree in property investment, holding a teaching degree, Graduate Diploma in Property and Masters of Business (Property) and specialises in property valuation and property economics. Combining Peter’s background with Bryce’s role as a Buyers Agent and Ben’s knowledge in Mortgage Broking and you have a great team of property investment insiders who shares the same passion when it comes to wealth education. The first golden rule from this trio, is never compromise on location. We’ve emphasized this a lot of times and have also previously mentioned about it on the Buyers Decision Quadrant episode. But time and time again, we see investors making the same old mistake and their argument usually evolves around the land size, affordability and depreciation benefits. Find out the rest of the Golden Rules of Property Investment in the podcast.   >> Episode 030 (Part 2) | What is Gentrification and Signs to look out for – Chat with Peter Koulizos   If you like this podcast: “Five Golden Rules of Property Investment – Chat with Peter Koulizos”, don’t forget to rate us at 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/

We’ve all made mistakes in life. Some are relatively harmless but when it comes to high value transactions such as investing in property, the stakes are higher. So this time on The Property Couch podcast, Bryce Holdaway and Ben Kingsley list out a few common mistakes that they’ve seen people make in their investment journey. The first mistake is underestimating the importance of having a good lending strategy and structure. One investment property will not be sufficient to provide you with a self funded retirement so in time, you will need to buy another one and if you messed up your lending structure from the start, you might not be able to achieve your full potential in your portfolio. One of the common regret that Bryce and Ben have heard before is the investor’s drive to look for lenders that offer them the least interest payable has clouded their decision for better borrowing power and eventually, a better asset. Listen to this podcast to find out the other four mistakes that a property investor often make.   Free Resources mentioned in this podcast: * Ben’s short presentation: Fear/Procrastination vs. Greed – The Balancing Act * Money Magazine article: Earn $55k a year in rental income   If you like this podcast: “Common Mistakes when Investing in Property”, don’t forget to rate us at 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/

With dwelling approvals remaining close to record high levels and the latest housing credit data suggesting a slowing investment credit growth, will this lead to an oversupply in the Australian property market? On top of that, how is the lending sector affected by the recent changes put in place by Australian Prudential Regulation Authority (APRA)? All these factors are a cause for concern for most property investors especially when there is a lack of awareness in this industry. So in this episode, Bryce Holdaway and Ben Kingsley will be discussing if our property market is oversupplied and which areas will be affected by this market movement. They will also be discussing the recent changes made by APRA, how will it impact property investors and what can investors do to ensure their property plan remains on track.   Other episodes mentioned in this podcast: * Four Pillars of Mastery series * Ep. 016 – 5 Essential Steps to Property Investing in Australia * Ep. 017 – Who’s your Personal Banker?   If you like this podcast: “Is the Property Market Oversupplied & What’s Happening in the Lending Sector?”, don’t forget to rate us at 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/

Not every state in Australia has an auction culture but we are seeing an increasing trend of it. In their everyday role as Buyers Agent and Property Investment Advisor, Bryce Holdaway and Ben Kingsley have seen many buyers who are either too afraid of the auction campaign or unsure of what to do in the process. Well, as Bryce mentioned in this podcast, auction is a necessary evil. It favours the seller and the agent. But ultimately, as a buyer, you shouldn’t be afraid of it. Do your due diligence and embrace it with confidence but never turn down an investment grade property simply because it’s going to auction. So to help you guys out there who are currently searching for properties or are going for an auction this weekend, here are some tips for buying at auction from the property experts that can help you prepare for what to come.   Free Resources mentioned in this podcast: * Value Series: Auction Tips (Part 1) * Value Series: Auction Tips (Part 2) * Value Series: Auction Tips (Part 3) * Value Series: Auction Tips (Part 4)   If you like this podcast: “Tips for Buying at Auction in Australia”, don’t forget to rate us at 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/

We have been receiving a lot of great suggestions and questions from our listeners! If you have submitted a question on property investing in Australia and have yet to hear a response from us, don’t worry. We will get to you as soon as we can. In this week’s podcast, Bryce Holdaway and Ben Kingsley will be addressing some topics on: * Property in Trust from Christ : Can you address investing in trusts? In particular purchasing property through trust and transferring currently owned investment properties into a family trust * Tax benefits in renovating established properties from Christian : One of the topic that got me interested was Tax Depreciation, when you had Bradley Beer come in as a special guest. I already have a depreciation schedule, the one thing that plays on my mind – is whether it is worth renovating an established property? Is there a rule of thumb that I should use to determine whether my investment property needs to undergo a renovation? Is there a golden rule to this on when is the best time? * Gentrification questions from Andy : What is gentrification and its signs? Does this take a long time to happen? What are the positives and negatives of buying in a suburb that hasn’t had it or is in the process of having a face lift/demographic change? (I’m assuming that is what gentrification is?) Thanks guys!! The podcasts are gold! * Investing in Regional Centre from Lewis : Can you offer any advice regarding property investment in a regional centre? Often there are a lot of stones unturned in these markets. I am based 30km from the coast in Central Queensland and medium/high density development is a relatively new concept to most buyers in this area. However, recently completed projects have shown a real interest in this type of offering versus detached dwellings and I am wondering how to interpret this.   For access to The Property Couch’s media kit, please email us here: info@thepropertycouch.com.au.   If you like this Q&A episode, don’t forget to rate us at 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/

Its Questions and Answers time! Thanks for all the suggestions on new topics to cover in this podcast. For today’s episode, Bryce Holdaway and Ben Kingsley will be addressing questions from: * High Loan to Value Ratio (LVR) question from Andy : As a relatively new investor, would you recommend gearing as many of my initial purchases at 90-95% LVR as possible to help get ahead early on and do you foresee a lot of the banks starting to restrict this type of lending going forward with the interest rates currently so low. If you do recommend it, how do we best manage the risk for the first few years until the properties grow and loans come down to the 80% mark? * Capital Gain Tax (CGT) question from Paul : It would be great if an episode could cover “capital gain tax“. I have recently had to sell an investment property due to lifestyle decision but didn’t incur any charges as it was my first place. In future if I have to sell to upgrade to a bigger investment It would be great to know the CGT laws in each state. * Cross Collaterisation from Andrew : In recent Episode 20 you touched on cross collateralisation and while it is not the best option, I  was wondering if you could expand on where you might need to use, why you would use it, to what extent would you use it and how would you un-cross collateralise your portfolio? * SMSF and Property from Billy : I’m interested in using a Self Managed Super Fund to invest my super in property. I’d like to hear your opinions on this subject. Would you recommend SMSF Property or not?   For access to The Property Couch’s media kit, please email us here: info@thepropertycouch.com.au.   If you like this Q&A episode, don’t forget to rate us at 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/

Drawing from Stephen Covey’s book and as promised in the previous episode (Exit Strategy in Property Investment), this week our hosts talk about the Seven Habits of Highly Effective Property Investors. Some of our listeners have asked us before about having the right mindset when investing in property and this episode sort of ties in with that. Bryce and Ben lists out the seven habits that Dr. Covey talks about and explains how we can use it in property investment. The first habit is to be proactive. As Bryce mentioned in the podcast, you won’t achieve Financial Freedom unless you take a step forward to make it happen. It is not going to happen by osmosis or by default. You need to get off your chair, overcome some conditioning and take action. Bryce and Ben will also be sharing some of the stories from the own personal journey as an investor and an advisor. Listen to the podcast to find out more.   Free Resources mentioned in this podcast: * Bryce’s appearance on The Today Show – Hot Property * Ben’s appearance on ABC News 24 – Australia’s Housing Boom   If you like this podcast: “Seven Habits of Highly Effective Property Investors”, don’t forget to rate us at 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/

This week on The Property Couch podcast, Bryce and Ben talk about planning ahead and have an Exit Strategy when investing in property. As Stephen Covey once said, “Begin with the End in Mind”. We think this concept can be applied to property investors as well. Now, there are a few exit strategies out there and as we’ve always emphasized, each household is unique and hence each investor’s exit strategy would be different. But generally, there are two main categories; either you buy and sell or you buy and hold. Under these categories, there are sub-categories and different scenarios where it’ll suit you better. Bryce and Ben will be discussing about these exit strategies today so make sure you tune in! Also, the Money Magazine Cover Story that we have been talking about is out. Grab one off the Newsstand today and let us know what you think!   If you like this podcast: “Exit Strategy in Property Investment”, don’t forget to rate us at 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/

Its Questions and Answers time! Thanks for all the suggestions on new topics to cover in this podcast. For today’s episode, Bryce Holdaway and Ben Kingsley will be addressing questions from: * Building and Pest Inspection question from Mark : How do I find a good quality building and pest inspector and with the property market being so hot with auctions at the moment, how do I ensure I don’t burn through my deposit money when constantly missing out at auctions?  I could end up wasting thousands on inspections until I actually win at auction! Should I try doing it myself and find a friend or family member with some building knowledge or use one of the smartphone apps? * Rentvesting question from Ryan : What are your thoughts on the property investor him or herself to buy and live in their own PPR or to rent? Obviously both have advantages, a place to call home or the ability to keep investing with out loosing potential borrowing capacity. * Next Wage Growth Hotspot from David : As mentioned on previous podcasts, investors will want to avoid “glass ceilings” in terms of capped wage growth in certain areas.  Given the changing Australian economy (more knowledge-based), are there particular areas of Australia in which you expect to see wage growth occurring?   If you would like to access The Property Couch’s media kit, please email us here: info@thepropertycouch.com.au.   Resources mentioned in this podcast: * When should you Conduct A Building and Pest Inspection? * What is Rentvesting and Is It For You?   If you like this Q&A episode, don’t forget to rate us at 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/

The debate on negative gearing and how it impacts the Australian Property Market is ongoing but when the RBA suggested that negative gearing might be up for a review last week, the debate got hotter. This is further fueled by the controversy about property bubble in Sydney and how property investors play a role in it. So this week on The Property Couch, Bryce Holdaway and Ben Kingsley decides to tackle this debate head on and discuss about the history of negative gearing, why some people are against negative gearing and how will it impact our economy if it’s being scrapped off. Start listening to this podcast to learn more.   Also, The Property Couch is hoping to get nominated for the Investor’s Choice Award 2015 for the category: Property Educator/Mentor. We would like to spread the word out on the podcast so that we can help more people avoid making bad investment choices and avoid buying the wrong asset. So if you think we are doing a good job, please do nominate us here. Our details for nomination: Name of the Organisation: The Property Couch Name of the Person you deal with: Bryce Holdaway and Ben Kingsley Suburb: North Melbourne State: VIC Phone number: 03 9326 8900 Email address: info@thepropertycouch.com.au   If you would like to access The Property Couch’s media kit, please email us here: info@thepropertycouch.com.au.   Resources mentioned in this podcast: * Negative Gearing vs. Positive Gearing – Which is Better? * Victoria shoulder biggest tax burden in the Nation (Article on The Age)   If you like this podcast: “The Negative Gearing Debate in Australia”, don’t forget to rate us at 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/

There is a high chance that when you are looking to buy an investment property, you would already have a few factors to consider. This time on The Property Couch Podcast, Bryce Holdaway and Ben Kingsley discuss about these factors and how it can be a framework or rather the Science of Asset Selection which they called: The Buyer’s Decision Quadrant. The whole concept is quite simple and most investors would have gone through this decision quadrant in one way or another. But the secret is understanding which part of the quadrant can be compromised and which part is absolutely non-negotiable. One thing to bear in mind is; finding an investment property that fits all the pieces of the quadrant is really slim and most of the time, you would need to compromise slightly. Listen to the podcast to find out more.     Also, The Property Couch is hoping to get nominated for the Investor’s Choice Award 2015 for the category: Property Educator/Mentor. We would like to spread the word out on the podcast so that we can help more people avoid making bad investment choices and avoid buying the wrong asset. So if you think we are doing a good job, please do nominate us here. Our details for nomination: Name of the Organisation: The Property Couch Name of the Person you deal with: Bryce Holdaway and Ben Kingsley Suburb: North Melbourne State: VIC Phone number: 03 9326 8900 Email address: info@thepropertycouch.com.au     Resources mentioned in this podcast: * Money Magazine – Earn $2500 A Week at Retirement   If you like this podcast: “Science of Asset Selection – The Buyer’s Decision Quadrant”, don’t forget to rate us at 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/

Last week on Episode 18 | What is A Buyers Agent and Do You Need One, Bryce promised that he would talk about the Four Ways an Investor will Pay. So this week, he and Ben listed them out. The first is Buying the Wrong Asset. We’ve mentioned about this many time before; Asset Selection is crucial. It is the whole reason why you want to invest in property because it would provide you with the best returns. If you start your portfolio with the wrong asset, there is a high chance that the rest of your portfolio would be affected. But sometimes, when an investor is exposed to different opinions and when they are under pressure or assumption that they need to act now, logic tends to get out of the window. It happens to a lot people but it is not something that is unavoidable. Listen to Bryce and Ben in this podcast to learn what’s the other three ways a property investor will pay. Also, The Property Couch is hoping to get nominated for the Investor’s Choice Award 2015 for the category: Property Educator/Mentor. We would like to spread the word out on the podcast so that we can help more people avoid making bad investment choices and avoid buying the wrong asset. So if you think we are doing a good job, please do nominate us here. Our details for nomination: Name of the Organisation: The Property Couch Name of the Person you deal with: Bryce Holdaway and Ben Kingsley Suburb: North Melbourne State: VIC Phone number: 03 9326 8900 Email address: info@thepropertycouch.com.au     Resources mentioned in this podcast: * Summary Video – Four Ways a Property Investor will Pay * RBA July 2015 Announcement   If you like this podcast: “Four Ways an Investor will Pay”, don’t forget to rate us at 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/

We’ve all heard about real estate agents before but how much do you know about a Buyers Agent? Although this role is getting increasingly popular in Australia, not many investors are using one and some may not even know why they should use a buyers agent to start with. So this time on The Property Couch, Bryce Holdaway and Ben Kingsley help our listeners understand what is a Buyers Agent, what do they actually do, how do you find a good one and do you need one when you are buying your investment property?   A great analogy that Bryce used in this podcast is an investment property is like a bricks and mortar bank account. It doesn’t need to be pretty and all. It only needs to be investment-grade. And one of they key advantages of using a Buyers Agent is that you leverage on the skills and experience of a professional to help you find the best possible property for you. Both Bryce and Ben are experienced, qualified and licensed buyers agent in multiple states across Australia and in this podcast they share some of their recent stories – the successes and the challenges they and their clients face. They will also be discussing about the role professional bodies such as REBAA and PIPA play in this space.     If you like this podcast: “What is a Buyers Agent and Do You Need One?”, don’t forget to rate us at 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/

This time on The Property Couch, Bryce Holdaway and Ben Kingsley drilled down a little bit more on one of the Four Pillars of Mastery: Borrowing Power. The theory of getting your finance right is to think about two to three properties or loans in advance whilst you are setting up the current one. But a lot of people won’t be able to do that simply because they don’t have the knowledge or experience to do so. Instead, they go to a bank or lender and hope that the banker will sort it out for them. They assumed that the person they dealt with will be their personal banker.  But that’s not necessarily true. The banker works for the bank and probably doesn’t have the capacity to conduct a thorough analysis on your loan strategy and structure. It’s something like going to the GP and asking them to perform a knee surgery. You wouldn’t do that. Listen to this podcast to find out who Bryce and Ben thinks should be your personal banker instead. They will also be discussing about cross-securitisation, stand alone lending and more.   Resources mentioned in this podcast: * Free Report: 7 Common Mistakes when selecting a Property Loan * Beginner’s Guide to Property Investment Webinar   If you like this podcast: “Who’s Your Personal Banker?”, don’t forget to rate us at 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/