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Helping people create a life of freedom, choice and abundance has always been our passion. That's why when people come to us for help, we do our best to find the best property for each one. Naturally, however, something that sounds ‘too good to be true' (even though it is) is typically met with disbelief, and we tend to get asked this question a lot: “If you say you come across so many amazing deals, why don't you just buy them for yourselves?” And the answer is actually quite simple. In this episode, we answer this recurring question and share our insights on why property investing is not a zero-sum game. We unpack why we don't buy “all the great properties” and dive into the factor of scarcity versus abundance, while tackling other common questions people ask. We also cover the problem with having a scarcity mindset… Why capital and debt are both required to buy plenty of properties… The importance of operating your business with integrity… And lots more! We hope this episode proves valuable to you and if it does, do let us know and send us an email at hello@dashdot.com.au! We'd love to hear from you! Also, if you like this episode, please don't forget to subscribe, tune in, and share this podcast. See you on the inside! In this episode, we cover: A background on why we need to address this question [03:45] Abundance versus scarcity [08:43] The macro view (where property is both a finite, but replenishing, resource) [12:11] The problem with having a “scarcity mindset” [17:39] The case of looking for something better vs. settling on what's right for you [19:57] Capital and debt are required to buy plenty of properties [24:26] Some people just don't want to believe the good in others [25:38] Understanding what drives your goals [29:36] Putting others first doesn't mean you should put yourself last [35:15] Money is the single tradable commodity you can get more of [37:07] Having integrity in operating your business is incredibly important [38:17] At the end of the day, all you have is your reputation [41:28] Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Why is it that most people avoid Capital Gains Tax (CGT) like the plague? Well, it's really all because of perspective. Capital Gains Tax is a concept people tend to have a lot of fear around because they want to avoid tax altogether when in fact, it's actually just a concept of business. If you sell a property you have to pay tax. Today, we dive deep into the topic of CGT from an angle that most people wouldn't take, that is, the belief that it shouldn't scare you to think about at all! We share how you can think about it strategically and how the benefits of your strategy actually outweigh the cons. We also tackle where CGT is and isn't applicable… What Capital Gains Tax really is… The benefits of holding property for 5 years versus selling it right away… And heaps more! See you on the inside! In this episode, we cover: Why is this discussion on CGT important? [03:14] The belief most people have about selling property and CGT [4:04] What is Capital Gains Tax? [07:44] When and where is CGT applicable (and not applicable)? [11:32] About the 50% Capital Gains discount... [13:00] Weigh the pros and cons of your strategy to minimise fear of CGT [19:13] A look at the benefits of holding property for 5 years versus selling (and getting CGT) [19:44] This is what investing is really all about [31:45] Applying a time horizon and adding other factors changes the strategy [34:40] Take control of your strategies to get more of what you want [35:45] How much would you pay to never work a day in your life? [38:14] Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Have you ever created a list of things you want to accomplish but got stuck on how to get started after creating one? Well, the truth is, setting your goals is one thing, but turning your vision into reality is a whole ‘nother challenge. In the previous episode, we pulled apart the process of setting goals, how to set the right ones, what your goals should be and more. Today, we help you figure out how to create an action plan by reverse-engineering where you actually want to be in 20-25 years and setting up steps to turn your vision into action! We talk about the 25:1 life plan & how it can work for you… How you can stay driven by your vision… People's struggle with creating vision boards… And much, much more! This is the second episode of our 2-part series on intelligent goal setting, so if you haven't watched the first part yet, check it out now then come back to this one! (We've linked the first one in the show notes.) See you on the inside! In this episode, we cover: A recap of part 1 [02:22] The mechanical side of turning your vision into action [09:06] The 25:1 life plan [10:46] Start by identifying your end goal [12:22] Gamifying the goal setting process [15:11] Breaking down the 25:1 life plan [18:47] Successful goals are measurable [27:19] How can you stay driven by your vision? [30:14] Use these strategies to turn your vision into action! [34:28] The art of brainwashing yourself [40:46] People's struggle with creating vision boards [45:05] A framework for vision boards [47:03] A recap of what we covered in this episode [53:09] Link/s from the episode: Check out Intelligent Goal Setting Part 1 - Building the Vision of the Future Send us an email at hello@dashdot.com.au for a deeper dive into the topic of this episode! Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Have you ever struggled with setting goals and achieving them? If you have, you're not alone. So many of us find setting good goals difficult, mainly because we don't set the right ones, we don't know how to get there, or more importantly, we don't know what we really want! So how do we set things right? Today's episode is about creating a life of freedom, choice, and abundance and to realise that vision, it's crucial to know who you want to become and identify what you want in your life and where you're trying to get to. We'll share tips on how to think about the process and how to overcome roadblocks you may encounter along the way. We also talk about finding your true north… A simple hack to help you achieve your goals… A neat trick to help you set the right ones… And loads more! This is just the first part of our 2-part series on intelligent goal setting, so be sure to stay tuned for next week's episode where we tackle how you can apply this in your life and achieve those goals! See you on the inside! In this episode, we cover: The problem most people face with goal setting [03:53] The difficulty of getting to where you want to go without a map [06:38] The need for introspection & specific goal setting [07:41] What does ‘financial freedom' mean for different people? [10:13] The big fundamental problem people have with setting goals [13:59] Understanding yourself and what truly motivates you [16:11] What is your true north? [19:26] Most people don't set goals [21:44] What can help you set your goals? [23:59] Use this simple hack to achieve your goals! [27:08] You have to believe it to achieve it! [31:00] How can you reduce the probability of failing to meet your goals? [32:09] This neat trick will enable you to set the right goals [37:51] Reflecting on who you are now to be who you want to be in the future [42:03] Here's a little task to get you started on goal setting [44:00] Link/s from the episode: Check out Episode 21 - The 6 Pillars: Reset Your Life Every 90 Days Get your FREE COPY of The Seed of Life / 6 Pillars Exercise HERE Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
A lot of people talk about investing in trusts, but not a lot know about what it actually is and how it works. In this episode, we cover the 4 key benefits of investing in trusts with Archana Manapakkam, Owner & Principal of Archway Legal. If you're someone who's ever thought about how to get more tax benefits out of your portfolio, how to pass your property portfolio onto your kids, or you're simply someone who just thought about investing in trust and need more information, there's so much gold for you in this episode. We also cover what a trust actually is… Estate planning as a trust benefit (and what comes with it)... Why you would want to invest in a trust… And heaps more! If you enjoy this episode, don't forget to like, rate, comment, share, subscribe and tune in weekly for more talks on property, business, and life. See you on the inside! In this episode, we cover: Archana's background story [03:46] Are trusts only relevant if you're a high-networth individual? [05:48] What is a trust? [06:56] The difference between a trustee and a beneficiary [09:43] Family trusts, Discretionary trusts and Unit trusts [13:11] Why would someone invest in a trust? [16:23] Income splitting [16:49] Can a trust retain funds or profits in a year? [19:41] The 50% Capital Gains Tax (CGT) discount [23:19] Distributing profits from one trust into the losses of another [26:38] What about estate planning as a trust benefit? [28:36] Passing control of the trust to your children [30:08] When to assign an Appointor [31:03] A sample scenario on passing a trust & its ins and outs [33:44] Why would the ATO sue you? [38:24] Habits & beliefs that have shaped Archana in the last 12 months [41:06] Link/s from the episode: Visit Archway Legal: https://archwaylegal.com.au About our Guest: Archana Manapakkam is a skilled tax lawyer with over a decade of experience as a tax professional. Prior to establishing Archway Legal, Archana worked as a Senior Associate in the tax team at Macpherson Kelley Lawyers. She has previously worked as a tax consultant for PwC (where she kicked off her career in their international tax and GST teams) and as a solicitor at Rigby Cooke Lawyers. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Looking for more ways to broaden your property portfolio? Well, property development may just be what you need. Today, we have a chat with Rob Flux, Founder of Property Developer Network and one of the go-to people who are incredibly knowledgeable about property development. We cover the benefits and risks of property development, who it's for and how it ties into your portfolio. We also talk about what you need to know before getting into property development… Mistakes most people make getting started… Living a minimum viable life… And much, much more! If you want to know how to achieve a life of freedom, choice and abundance, this episode should be on your watch (or listen) list! Also, if you enjoy this episode, don't forget to like, rate, comment, share, subscribe and tune in weekly for more talks on property, business, and life. See you on the inside! In this episode, we cover: A quick overview of Rob's background in property [02:40] Negative gearing strategy vs. positive cash flow [04:05] Rob's journey and how he got started in property development [06:42] What gave Rob the confidence to take on a big project as a first-timer? [09:55] One of the first things he learned during the process [11:30] About Property Developers Network (and the path to teaching others) [12:38] What people need to know before getting into property development [14:18] Does a project's location matter more than feasibility? [15:47] The optimal time to get into the market for a development project [18:22] Rob's profession before transitioning to property development [20:55] Why bother with property development? [21:49] Combining property development with property investment as a strategy [23:04] Should you focus on property investment, or development instead? [25:43] Can you have a day job and work in property development at the same time? [27:37] Achieving freedom & living a minimum viable life [29:04] A reasonable time frame from a standing start to ‘freedom' through property development [34:13] How much do professional services cost? [37:39] The biggest mistake people make in property development [38:03] How to decide on your strategy [39:59] Rob's end goal [42:03] Where to draw inspiration to keep going [43:15] Why Rob doesn't aim for ‘billionaire' status [45:01] A tidbit on low money-down deals [45:59] Link/s from the episode: Visit Property Developer Network Join the Property Developer Network Facebook group Subscribe to Property Developer Network on Youtube Check out ‘Rich Dad Poor Dad' by Robert Kiyosaki About our Guest: Rob Flux is a Property Developer, Educator, Mentor & Public Speaker on all things property and property development. Having achieved his own financial freedom through property development, Rob now spends much of his time giving back to others through education and mentoring programs through his company Developer Network Pty Ltd, where he works with his clients to assist them in doing projects of their own by showing them the ropes along the way. Know more about Rob Flux Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Scaling a successful property portfolio quickly seems far-fetched and impossible… but is it? And if it is possible, how do you go about making it a reality? Today, we're going to hear about a real-life success story. Joining us are Dashdot clients Bianca Kennedy & Charley Valher, as we talk about how they were able to buy 8 properties in just 15 months - which is pretty wild! That's more properties than most people will buy in their lives! We chat about their journey, mindset, their evolution as people to get where they are now, their process, how they got started, their timeline and so much more, so you can get a sense of how their journey unfolded in the last 15 months. If you'd love to get insights on how it's like to scale a property portfolio quite quickly, what that could mean for you and how to apply it to your own life, this episode is perfect for you. We'll see you on the inside! In this episode, we cover: Charley & Bianca's background and how they got started investing in property [3:30] Bianca on buying her first property at age 23 [6:49] Their frame of mind when buying their principal property [8:43] Building wealth outside their business & why they chose to invest in property [10:11] What are Bianca & Charley trying to achieve? [14:56] Their timeline & strategy [15:43] The funny story of how they put an offer in their first property [18:11] The challenges they faced at the start of their property journey [24:16] Bianca's first property and moving on to her next ones [26:58] Charley & Bianca's 2nd property (San Remo, Central Coast) [32:29] Their 3rd and 4th properties (when their ‘addiction' kicked in) [36:23] How they added 4 properties in succession [45:58] Their most recent purchase [48:39] Looking back at what they've accomplished [52:26] Charley & Bianca on their experience and next steps [54:06] Lessons learned throughout the whole journey [59:20] Advice to quickly scale your property portfolio [1:02:53] About our guests: Charley Valher is a business owner, investor, cyclist, amateur chef and father from Melbourne, Australia. As Founder and CEO of Valher Media, he helps businesses reach a wider audience and build a loyal fanbase through podcasting and amplification on social media. Visit Charley's website Check out Valher Media Bianca Kennedy is the Founder and Virtual CFO of Know the Score Finance. As an Accountant and Financial Planner, her focus is to help small businesses succeed by understanding the financial side of their business, work towards long term, consistent financial results and winning their game of business. Visit Know the Score Finance Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Asset allocation is a topic that is under-discussed in property, especially in terms of portfolio-building. You see, while it's a common term in traditional asset classes, it's also an important concept to consider when talking about real estate… And basically, if you've ever created a plan or strategy to build your portfolio, you've already thought about how and where to allocate available assets. Today, we talk about asset allocation and take an interesting angle on thinking about capital allocation ratios and building your portfolio through a principles-based perspective. We also talk about why deal flow is not the problem… How the time horizon affects your property strategy… Why you should always go back to a “first principles” way of thinking… And so much more! See you on the inside! In this episode, we cover: What do we mean by asset allocation? [06:12] 3 key components to a property's success [07:49] Deal flow is not the problem! [09:20] Why 93% of investors never get past two properties, 74% past one [12:03] How to decide asset allocation in terms of your portfolio [13:37] Capital-to-debt ratio [15:34] Resources & tying in The Holy Trinity [21:42] Availability of assets in the marketplace [25:23] Borrowing capacity & allocating it to one or more properties [29:19] How the time horizon affects your property strategy [33:39] How emotional and financial fortitude affect asset allocation [37:46] A deeper look at time horizons [44:46] Always go back to “first principles” thinking [49:46] Supporting analogies [54:28] Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Most - if not all - of us have a dream home we're working towards. However, that property we want may cost more than what we can afford at the moment and so we feel stuck on what to do next... And the thing is, none of us really want to keep renting forever. So what's the next best thing? Rentvest. Today's episode is all about rentvesting and how it can help you get your dream home faster. We tackle what it is, how it works and why it's a good strategy to use. We also cover diversification, financial mechanics and thinking about your portfolio as a strategy to get to where you want faster. We also talk about reasons why you might want to rentvest… How people get confused when financial mechanics come into play… How to buy your dream home... And so much more! Tune in now and we'll see you on the inside! In this episode, we cover: Current state and changes in the property market [03:24] Scenario 1: Buying one $1M property [09:14] Scenario 2: Buying two 500,000 income-producing properties [14:00] People often get confused when financial mechanics come into play [16:29] A reason for why you might want to rentvest [17:27] 3 big reasons to rentvest [20:07] Lifestyle [21:25] Borrowing capacity [29:36] Diversification [30:33] Increase savings in cash [34:28] So how do you buy your dream home? [37:07] Begin with the end in mind [40:11] Identifying your goal and committing to it [44:45] Rentvesting key points [49:19] Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
From the outside, investing in the commercial property market can appear complex and open only to those with large sums of capital. In reality though, this isn't the case at all. The stakes may be high and there are risks involved that may put you off investing in commercial property, but if this strategy is right for you, everything is well worth the effort! Today, we speak with successful commercial property investor Helen Tarrant about commercial property cash flow and growth. We touch on her journey from running a salon to property investing, her definition of success, residential vs. commercial property, the risks involved and more. We also talk about whether or not growth in these kinds of properties is a myth…How much capital you really need to get started… Where people go wrong when investing in commercial properties… And so much more! Whether you are an aspiring investor or someone who already has a residential portfolio and you've been interested in getting into commercial property investing, creating more cash flow in your investment portfolio and how you should approach it, then you'll love this episode! Tune in now and we'll see you on the inside! In this episode, we cover: Helen's backstory and work [03:01] Transitioning from running a salon to property investing [08:47] Taking a leap of faith on her first commercial property investment [11:34] Residential vs. Commercial property in the context of yield and risk [13:33] Is growth in commercial property markets a myth? [16:04] Commercial property capital growth in a flat market [19:28] Commercial property capital growth in a feverish market [23:00] How to monitor commercial property markets [26:58] Understanding the risks of commercial property investing [28:08] How does residential fit into a commercial strategy, and vice-versa? [30:34] Where do people go wrong when investing in commercial properties? [34:30] Setting expectations and getting your mind ‘market-ready' [39:29] How Helen defines success [40:59] The habit or belief that has shaped Helen's view of the world today [43:15] About our guest: Helen Tarrant is a successful commercial property investor who has, along with her husband, built a commercial property portfolio of over $10 million within 5 years. She holds a Bachelors in Law and a Masters in Law degree from Australian National University along with her real estate licence. In 2016, Helen started to teach commercial property investment through seminars all around Australia. Visit Helen's website: https://helentarrant.com/ Check out Helen's YouTube channel: Commercial Property Roadshow Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Freedom is something most of us crave but often have a hard time achieving. Ultimately, we all want the same thing: to do what we want, when we want and with who we want. So, wouldn't it be amazing to just have a formula especially made for you to achieve the life you really want? Today, we speak with award-winning property expert Bushy Martin about “the freedom formula”. We tackle why you should optimise the time you've got and what you need to look at in order to transform your life and get the level of freedom you want, while getting some practical and feasible life advice you can apply in your life. We also talk about utilising the R.E.A.D. concept to free up more time… What the freedom formula is in a nutshell… The 3 forms of strategies you need to get your head around… And so much more! Whether you're a business owner, top executive, entry level, blue collar worker, wannabe-investor who aspires to pursue the freedom to live their life— this episode offers snack-able takeaways that you can digest and eat at your own time! Tune in now and we'll see you on the inside! In this episode, we cover: Get to know Bushy and his origin story [03:52] Experiencing a “Robert Kiyosaki moment” [09:48] Living by design [12:10] What is something that has significantly improved Bushy's life? [13:51] Understanding yourself can change your life [15:23] Developing healthy habits as a foundation for building wealth [17:15] How to optimise the time you've got [21:38] Utilising the R.E.A.D concept to free up more time [23:27] Shifting from success to significance [24:47] Helping people discover their ideal lifestyle [26:00] Commander's intent vs. a linear plan [30:22] The 3 forms of strategies you need to get your head around [32:13] What is the ‘freedom formula' in a nutshell? [36:40] The setup factors: value, interest & time [39:00] How can you balance growth and affordability? [40:45] From capital growth to cash flow: an investment portfolio management perspective [43:22] Being a passive-aggressive investor and selling labour-intensive income streams [48:11] The sustainability factors: affordability, mindset, income, network & strategy [50:53] Bushy's book & dog charity [54:50] Leaving everyone you meet smarter and smiling [55:49] Advice for those just about to start their wealth building journey [57:34] The T.L.C. in wealth [01:01:24] Link/s from the show: Visit Bushy's website to get his book: The Freedom Formula To know more about success and significance, check out Episode 86: How to Find Success and Significance in Business and Real Estate Investing with Jen Du Plessis Check Investopedia for some technical terms: https://www.investopedia.com Get property finance strategy through https://knowhowproperty.com.au/ About our guest: Bushy Martin is an investor, founder, author and media commentator, recognised as one of Australia's most trusted experts in property, investment and lifestyle. As the founder of leading property finance and advisory firm KnowHow Property, Bushy has helped over 1700 time poor professionals secure more than $550 million in property to improve their lifestyle and replace their income safely, easily and affordably. He is the author of two award winning books, including the acclaimed The Freedom Formula: Live More, Work Less And Leave A Legacy and Get Invested: Do You Want To Live More Or Less? Bushy also interviews some of the world's leading investors and high performers each week on his podcast, Get Invested. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
With so much information available for investors and those just starting, there's a tendency to get confused over which ones will actually help you invest well... And with such a dynamic and ever-changing market, there's just as many opportunities to make significant gains as there are possibilities to make significant mistakes. So what information do you really need to know? Today, we speak with property expert Terry Ryder about how to make good investments for the long term. We tackle questions like, “Do interest rates really drive growth?” and, “Is the current boom in the capitals sustainable?” while getting a good look at the current Australian property landscape. We also talk about how to assess portfolio risks… Some economic factors that affect the property market… If a town's size affects its investability… And so much more! If you are an investor of any type, shape, age or form and you're thinking of buying real estate or trying to understand what is currently happening in the market to make sense of it all, you're going to love this episode! Tune in now and we'll see you on the inside! In this episode, we cover: Current trends shaping the property landscape [04:26] Do interest rates play a role in the national property boom? [05:17] Economic factors affecting the property market [08:12] The Inland Rail Link Project's impact over the long term [11:10] Does a town's size affect its investability? [12:46] How do you assess portfolio risk? [14:44] Understanding Macroprudential Regulation in the context of booming markets [19:17] How to think about your investment strategy in the current market [23:52] Are capital city prices really booming and is it for the short or long term? [26:45] The regional exodus trend & changes in lifestyle decisions [29:00] Defining & quantifying “lifestyle factors” in real estate [33:43] Assessing locations that are both cheap and lifestyle-centered [36:08] How to identify & analyse markets that are in transition [40:56] Is internet connectivity a significant hidden driver in the exodus trend? [44:52] Advice for people who are trying to make sense of this market [47:22] Should you focus on cash flow or growth? [50:48] Link/s from the show: Check Investopedia for some technical terms: https://www.investopedia.com Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Everyone's journey is different. You might be a business owner experiencing wins left and right or you might be a property investor trying to navigate a frothy market that has a lot of hype and hubris. Regardless of your situation, it's important to be able to assess risk, cut through the noise and make sure you're making decisions to support your goals and give you long-term prosperity, enjoyment and happiness. The thing is, you don't have to live a diminished, frugal life right now to have a lofty goal at the end of the road! You can live life to the fullest and still make decisions that will set you up for success in the future, not just today. In this episode, we talk about how to navigate thinking around making decisions for a sustainable business. We answer questions like, “Is now the time to accommodate risk?” and, “Should we spring for the fence without worrying about the other side of it?” and more. We also cover using profit to invest in innovation… How to make investment decisions… Minimising risk in business for sustainability… And so much more! See you on the inside! In this episode, we cover: An update on life at the moment [02:52] Actively compound your wins [05:50] Gradients beyond Exponential [09:46] The industry is booming… so should you get into the market? [11:48] Should you start optimising for survival instead of maximum gain? [15:21] Using profit to invest in technology and innovation [19:45] Minimising risk in business for sustainability [27:55] Have a gameplan & a good buffer to prevent operating in fear [33:41] How to make investment decisions [40:02] Remove short-term decision-making for sustainability [44:43] It's not about making money - it's about creating value [48:37] Don't get caught in hubris! [50:51] Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Every so often, financial jargon gets thrown around and while they're all actually used in the real estate space, they're not always used in the right context. When you talk about Return on Investment or ROI, do you actually mean Return on Capital? And what is that about, really? Or perhaps you consider principal payments a burden when in fact, it's actually PROFIT for your property? If this sounds like you (or someone you know), this episode is exactly what you need to dive into. Today, we cover terms like Return on Capital, Internal Rate of Return, Debt Service Coverage Ratio or DSCR, what metrics to look out for, and get to the bottom of what they are and what they should mean to you as an investor. We also talk about the 2 metrics you should focus on to know if you should invest or not… The key to a healthy, growing business… Cash-on-Cash Return or ROI… And lots more. See you on the inside! In this episode, we cover: Correct property terms used in the wrong context [05:10] Return on Capital vs Return on Investment [09:32] How about ROI vs Internal Rate of Return? [16:44] How to measure cash flow as it relates to investment [21:24] Explaining Net Operating Income [22:54] Debt Service Coverage Ratio [24:37] Net Cash Flow or Net Yield [27:18] Cash-on-Cash Return (also known as COI) [29:53] The 2 metrics you should focus on to know if you should invest in an asset [31:29] Circling back to ROI vs Cash-on-Cash Return [32:25] Principal payments are profits, not cost of debt [33:05] The key to a healthy, growing business [36:39] Link/s from the show: Investopedia: https://www.investopedia.com Property Metrics: https://propertymetrics.com Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
If you own a home, or have ever thought about it, you have undoubtedly thought about how much the repayments are going to cost... It is natural then, to start thinking… “How can I reduce my debt!?” But… what if there was a way that you could actually use the debt in your home to fuel a powerful portfolio… And at the same time, reduce the cost of the repayments on your home? You see… Real estate is like a chess game with lots of pieces you need to move strategically to win, and if you enjoy pondering over these aspects of property, today's conversation will be of real benefit to you. We share actionable items for homeowners and talk about the idea of turning the debt on your home into tax deduction, using it to fund your investments, why this strategy works well in this asset class, how to approach debt recycling depending on where you are on your journey, and who it's for. We also cover using your debt as leverage… Who you should speak to about using debt recycling as a strategy… Other ways to get equity out of your property for debt recycling… And so much more. See you on the inside! In this episode, we cover: Why talk about debt recycling (and who is it for)? [07:06] The downside to owning a home [11:12] Debt recycling is a challenging concept for some people [14:24] How to strategically approach debt recycling [16:03] Why does this strategy work well in real estate? [18:41] Factoring in tax deductibility [21:24] How debt recycling makes good use of leverage in this asset class [23:27] Debt recycling is a good strategy, but be aware of its downsides as well [26:21] Who should you speak to about using debt recycling as a strategy? [30:57] Debt recycling is not a ‘chips & dip' strategy [34:29] A game of finance with high stakes [38:44] Other ways to get the equity out of your property for debt recycling [40:00] Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
The world of property is huge and full of ups and downs, and a lot of people are still in the fog when it comes to what is best for them and how to manage different aspects of their property journey. In this episode, we share our thoughts on things like interest rates, stock levels, what's been going on in the property space, LMI and if going that route is a good fit for you. We also look briefly into New Zealand's property market... Discuss whether or not property truly is for everyone… If there's a line people need to meet before they get on the property ladder… And much, much more! See you on the inside! In this episode, we cover: What's been going on in the property front? [03:01] A look into New Zealand's current property market [06:47] Is New Zealand trying to change their market, and will Australia follow their lead? [12:48] How are stock levels staying low despite Australia's population decline? [16:07] How Harry Triguboff helped reshape Australia's apartment market [21:06] The only way to go is up [23:39] Interest rates and where they're headed [25:04] Managing rising interest rates & its effects [30:01] Is it a good strategy to buy property using LMI? [36:33] What is considered “hell week” for property investors? [46:21] Property investing can't be for everyone… right? [49:24] What is the ‘line' that qualifies people to get into the property market? [55:44] Property is not a one-size-fits-all [58:41] Buying property DIY poses risks that you should be ready to manage [01:03:04] Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
It's easy to mistake a cheap market for an emerging market. With multiple things to consider, how can you tell if you're investing in the right one and not setting yourself up for a bad investment? Today, we talk about the 5 key metrics for selecting emerging markets. From defining what it is, how different it is from a hotspot, and why we should be talking about it, we unpack a lot - and mention some ‘secret sauce' along the way. We also talk about risk profiles and making decisions around them… Why you should consider a market's future supply risk… The factor of rental demands & vacancy rates… And much, much more. So jump on in and we'll see you on the inside! In this episode, we cover: Why should we talk about emerging markets? [04:23] Defining what an emerging market is [05:42] The difference between hotspot & emerging markets [15:05] Risk profiles & decision-making [18:46] What to look out for & understand when investing in emerging markets [25:34] Factoring in supply and demand [27:34] Considering a market's future supply risk [31:22] Median rents versus median yields [35:26] Rental demands & vacancy rates [37:04] A market's project pipeline & completion probability [39:32] Link/s from the show: The ‘Hunting Hotspots' playlist on Youtube Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
“What got you out of Egypt may not get you to the promised land.” Once you've gone past three or four properties, tailoring the way you play your real estate journey becomes more important. So how do you get from here to there? How can you make your portfolio better? Think of your investment as a business. In this episode, we explore how to think about the next big step in your investment journey. We talk about portfolio structuring… Why the real estate industry is obsessed with keeping costs low… How to approach land tax… And heaps more! We'll see you on the inside! In this episode, we cover: An introduction to portfolio structuring [03:43] Trusts and asset protection in portfolio structuring [05:19] A simple way to think about real estate investment [08:22] Why it's good to isolate your assets from one another's risks [11:13] Profit distribution from one business to another [15:43] The real estate industry's obsession with keeping costs low [20:15] Trust structures and asset mixing [24:43] How to think about portfolio mix in terms of types of assets [28:57] Costs no longer matter if you see your investment as a business [35:49] Is it worth considering the costs that will be triggered? [41:09] How to approach or think about land tax [45:00] Link/s from the show: Advanced Property Finance Strategies with Stephen McClatchie Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
You've probably heard the story of Goldilocks a thousand times or more by now, and her finding the porridge that was ‘just right'. In terms of property investing, finding the right time to invest holds a similar concept. You need to get into the market at a time when it's ‘just right' to get maximum profit from market cycles... And by understanding market cycles, you'll be able to optimise your investments when the market is at its peak - and even when it isn't. In this episode, we tackle the Goldilocks Zone and why it is the ideal time to get into the market. We talk about market cycle fundamentals… Why rents rise first and prices follow… How the cycle works with the APEX progression… And much, much more. See you on the inside! In this episode, we cover: A walk-through of market cycle fundamentals [06:13] How do we identify where we're currently at in the cycle? [12:25] Timing is everything [15:59] Understanding growth cycles [18:30] How does the growth cycle relate to the rental cycle? [21:12] Where in the cycle is the Goldilocks Zone? [23:31] Why do rents rise first, and prices follow? [25:00] Signs that you're already too late in the cycle [29:44] What should we do if we already missed the Goldilocks Zone? [30:58] How the cycle works with the APEX progression [34:00] Timing the market vs. relying on value-adding strategies [39:18] What to do when the “boom' is over and holding a property doesn't do that much [45:54] The Holy Trinity as a risk mitigation strategy [50:00] Link/s from the show: Check out our Hunting Hotspots Series (https://www.youtube.com/watch?v=Qc2YvjzmXT8&list=PL8JUAH5YoY90PhmHZ4bIrxcZOFSACQVfG) The Biggest Boom in History? Understanding the 18.6 Year Cycle with Akhil Patel (https://theinvestorlab.com.au/podcast-ep72-the-biggest-boom-in-history-understanding-the-18-6-year-cycle-with-akhil-patel/) Psychographics Vs. Demographics: An Investor's Hidden Edge (https://theinvestorlab.com.au/podcast-ep31-psychographics-vs-demographics-an-investors-hidden-edge/) Vacancy Rates: The Misunderstood Metric (https://theinvestorlab.com.au/podcast-ep29-vacancy-rates-the-misunderstood-metric/) Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks, and we hope you enjoyed today's episode! See omnystudio.com/listener for privacy information.
We usually talk about investing in cash flow positive properties in high growth areas, but how about using a totally different strategy in building your property portfolio? The reality is, there's no one-size-fits-all strategy, and each one works for different people at different points of their life, for a variety of reasons... And if you've never heard of blue chip property investing, this is the perfect time to get acquainted. Joining us in this episode is Jack Henderson of Henderson Advocacy. With his expertise and experience, we'll go deep into the world of blue chip property investing. We also cover the strategy behind this type of investment… The financial mechanics of how it all works… The debate between getting houses versus apartments using this strategy… And heaps more! See you on the inside! In this episode, we cover: An overview of Jack's background [03:31] The strategy behind blue chip property investment [04:59] The blue chip strategy is for people with no limitations on borrowing capacity [09:04] Is it purely about location? [10:30] What's the exit strategy for this type of investment? [12:34] Refinancing and using offsets as an income [18:22] Would this strategy change if interest rates go back like they were in the 90s? [20:05] Houses vs Apartments [22:36] What most people get wrong about investing [30:44] Jack's definition of success [35:30] The beliefs, behaviours, and habits that changed Jack's life [41:30] Link/s from the show: Henderson Advocacy Website (http://www.henderson.com.au/) About Jack: Jack Henderson is the Founder and Managing Director of Henderson Advocacy, a company that offers an opportunity to save time, money, and emotional stress in getting the right property. He started his investment journey at a very young age, purchased his first property at 18 years old, and managed to build a multimillion-dollar property portfolio in just a few years. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Do you want to buy more properties and build an exponential property portfolio, but you just can't figure out how to make it happen? 94% of investors are stuck on their second property, and often never get past it… But what if there was a strategy that not only gets you unstuck but also helps you grow your portfolio faster, and steer your investment as far as you want, where you want? Joining us in this episode is portfolio finance strategist, Stephen McClatchie. We talk about how to think about your finances… The different ways to accelerate your wealth… How to make sure that you don't get stuck… And heaps more! See you on the inside! In this episode, we cover: Stephen's Background and Loans Australia [03:56] Why do most investors never get past their second property? [06:59] The best financial strategy to achieve maximum growth [10:59] How does being cash flow positive affect borrowing capacity? [16:42] Paying-off loans by putting interest in investment property offsets [21:29] How Trusts help (or hinder) people's investment strategy [29:33] Grouping properties and how it impacts borrowing capacity [36:58] A common mistake when getting financing and how to avoid making it [41:29] Stephen's drive to educate & help people improve their position [44:40] The legacy that Stephen wants to leave behind [47:34] Is cash flow more important than growth? [50:04] Stephen's courses and website [53:05] The benefits of getting a buyer's advocate [56:43] Link/s from the show: Loans Australia Website (https://loansaustralia.com.au/) About Steven: Stephen McClatchie is the Founder and Managing Director of Loans Australia, a company that offers complete solutions to clients in meeting all their financial and investing needs. He is also a portfolio finance strategist of choice for multiple property investors, property developers, business owners, and high-income earners. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Property investment isn't a walk in the park. You'll encounter pitfalls and successes, and even get some surprises (good or bad) along the way. What matters, then, is making sure you're capable of going through the highs and lows, be focused on your goals, and have a good relationship with yourself. In other words, you need to be an empowered investor, in more ways than one. Joining us today is High Performance Coach Toni Versic, as we talk about how to become an empowered investor, how to define and redefine success, and what the best investment you can make for yourself is. We also cover communication in relationships between high-performance individuals and their partners… How to reignite a better relationship with yourself… How to identify and get rid of things that are holding you back… And much, much more! See you on the inside! In this episode, we cover: Getting to know Toni Versic [03:11] Quantifying “four years' worth of growth” [05:02] The common denominator of fear and reigniting relationships with ourselves [07:12] Toni's method of helping people help themselves [10:17] Relationships between high-performance individuals and their partners [15:10] What is the best investment you can make? [21:40] Pain vs pleasure: which one is the more powerful trigger? [23:36] A conversation on redefining success & framing freedom [29:37] Who do we need to become, and who do we want to be? [38:37] Mortality is a good reminder for us to take action [44:08] Link/s from the show: Visit Toni's Facebook About Toni: Toni Versic is a peak performance coach for business owners and entrepreneurs. He helps them grow their business without sacrificing the connection with their families and themselves. His Key Three method supports them in finding balance between Health, Wealth & Relationships. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Have you ever wondered how things would turn out if you knew what you know now, but 10 years ago? Throughout our journey in business or in real estate, there are certainly a couple of speed bumps that have served as real eye-openers for us... And now that we understand the industry better and how things work, we find ourselves thinking about the “could've beens” and how we'd do things differently. In today's episode, we recall the past, share our learnings, and discuss fear and failure. We talk about our individual realizations & insights… Why playing the short game is a problem for most people... What we would've done differently in our 20s… And so much more! See you on the inside! In this episode we cover: Has the approach on podcast strategy changed for 2021? [02:55] What would have Charley done differently if he has the wisdom he has now 10 years ago [08:57] Having a good mentor would have been a game-changer at 22 [13:00] Playing a very, very short game is a problem among most people [15:34] Distinct moments often serve as turning points [18:17] What would Goose have done differently 10 years ago with knowledge he has now? [19:24] Life was meant to be easy and business was made to be fun [26:04] What would be Charley today if he had the wisdom he has now 10 years ago? [27:04] How to tell whether an opportunity is a dead end or the future [29:09] Addressing fear and failure [34:40] The different factors involved in how we approach failure [38:34] Things we would've adjusted or focused on when we were 20 [42:46] Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
How important is it to have a positively geared portfolio? Building a large portfolio is very doable, but often people get lost along the way… So how do we steer our investments in the right direction so we can build that portfolio and achieve the freedom, abundance, and growth that we've always wanted? Joining us in this episode is Lloyd Edge, author of Positively Geared, and we dig deep into the importance of having a positively geared portfolio. We talk about Lloyd's investment journey to success… The important things that starting investors must focus on… Why it's crucial to have a robust investment strategy… And heaps more! See you on the inside! In this episode, we cover: A bit about Lloyd's Background [03:55] Lloyd's investment journey [05:34] The story on how he acquired his duplex [09:20] Important things to think about when starting your investment journey [12:32] How rental yield contributes to keeping you moving forward [15:55] The importance of having a robust financial strategy [19:56] Lloyd's roadmap to manufacturing equity and leverage [23:55] Why it's important to think from a place of principles & strategy [26:18] Why Lloyd thinks having properties in capital cities provides more growth [28:38] Growth and yield should be kept in balance [31:24] His view on the property market's direction 3-5 years from now [33:45] The “Positively Geared” book and courses Lloyd offers [37:09] Link/s from the show: Positively Geared by Lloyd Edge (https://amzn.to/2YW0pZ5) About Lloyd: Lloyd Edge went from a heavily-mortgaged one-bedroom apartment to a multi-million dollar property portfolio in just 10 years; all on a teacher's wage. Today, he is the Managing Director and founder of Sydney-based buyer's agency, Aus Property Professionals. In 2018, he received the 'Your Investment Property' Top Buyers' Agent award and in 2019 he was a finalist in the Real Estate Business Awards. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Have you ever thought about what you'll do next if your strategy fails and things don't go as planned? Most of the time, we tend to invest in Plan A, hoping that everything will work out eventually. But when it's already too late, and we've gone too deep into the rabbit hole, we realise that we never had a Plan B or Plan C to remedy the situation at all! In the newest episode of the ‘Property and Business' series, we dive deep into why preparedness can ultimately make or break your business or property investment. We talk about the time it takes for your business to be stable… The challenges business owners face in getting financing… What makes the first two years the most demanding phase in business… And heaps more! See you on the inside! In this episode, we cover: How the world is slowly recovering from the pandemic [02:42] Why you need to start thinking big as times are looking up [04:18] Building yourself and your business back up from a GFC [07:33] The financial challenges that Charley faced during the pandemic [11:33] How long will it take for your business to be financially stable? [13:08] The complexities of getting financing as a business owner [15:14] The effect of being a business owner on your risk profile [21:49] Preparing for the financial chasm [23:59] Undergoing the business growth phase [29:28] The result of unpreparedness [32:24] The bureaucracy of finance [35:50] The duality of mindset in business and property [37:02] Always think several steps ahead to set yourself up for success [45:10] Links from the show: The Road Less Stupid by Keith Cunningham (http://amzn.to/3oHI1h7) Check out our Optimising for Wealth Episode (https://theinvestorlab.com.au/podcast-ep63-optimising-for-wealth/) Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
If you could buy a property for a price lower than its market value, would you buy it? What if you could determine how much a property is ACTUALLY worth without being subjected to your own subconscious biases? Data analysis is an art that is highly underappreciated in the property industry. But what you might not know is that it may just be the very thing that can give you a leading edge advantage. You just need to leverage it. This week, Kent Lardner shares the positive influence accurate data has on your property investment decisions. We talk about what got him into property data analysis… What an SA3 is and what role it plays in your property journey… Forecasting hot SA3 areas in the future... And heaps more. See you on the inside! In this episode, we cover: How Kent got fascinated with property data [03:28] The difference between the US, Australia, and China property datasets [06:14] Figuring out if the property is under market value or not [09:43] AVM data vs the advertised listing price [12:02] The issue with CMAs [16:15] Do different banks use different AVMs? [17:41] The necessity for a new property research platform [19:12] What is an SA3 and why is it important? [21:03] Things to look for in an SA3 [26:51] There are no good or bad methodologies, just right or wrong streets [27:43] Putting the property inventory up against the current trend [31:24] Taking a look at population density in making investment decisions [35:44] How rent comes into play in property market growth [38:35] The direction of the Melbourne property market growth [41:10] Can enough data and machine learning create accurate market predictions? [42:33] What qualifies Sutherland, Menai, and Heathcote as SA3 areas [45:41] Why the ACT continues to be a hot market [49:07] The difficulty of buying a property in WA [51:06] Kent's passion for helping startups through accurate property data [54:22] Link/s from the show: The Property Nerds Website (https://thepropertynerds.com.au/) About Kent Kent is a property data expert with over 30 years of experience working for companies such as JLL, CoreLogic, and Genworth Financial. He was a director of PriceFinder and designed the original price estimation tool prior to heading up the banking platforms and analytics team at RP data / CoreLogic. Recently launching a new venture called ‘The Property Nerds,' it features both a podcast and website. Kent regularly appears on The Elephant In The Room podcast and in The Australian Financial Review. His specialties include; property data, market research, risk forecasting based on machine learning, data visualisation & web site content, automated valuation models, and statistics. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
What if you could achieve significance now and crack the code to lifestyle business mastery? How would it feel to be “in demand” instead of “on demand”? Everyone wants to be successful and fulfilled in life, but often, we do the exact opposite of what we should be doing and make our lives even more stressful… And when we lose control, we burn out hard - fast. Today's episode is all about finding success and significance, and Jen Du Plessis has heaps of gold to share in achieving just that. We'll be talking about her transition from wanting more to optimising for calm… Why niching down could be beneficial for growth and wealth in business…Balancing ‘working hard' with ‘working smart'... And plenty more. See you on the inside! In this episode, we cover: Jen's drive to be in the top 1% of mortgage brokers [04:17] An experience on the pursuit of being the best [08:45] Her transition from wanting more to optimising for calm [12:51] Being on demand vs being in demand [15:39] snippet? Niching down to what's aligned with your core values [17:03] The fear that stops business owners from niching down [20:15] Did Jen niche down for strategic growth & a higher income, or was the outcome accidental? [24:07] Having a focus on building wealth outside of business [27:42] Jen's real estate strategy over the years [31:38] The 5 steps of cracking the code to lifestyle business mastery [35:56] Has being a female in a male-dominated industry shaped her views on business? [37:37] Balancing ‘working hard' with ‘working smart' [39:57] The ‘Circle of Chaos” [43:23] How to ease into micro-level resets & prevent overwhelm [46:19] The ‘Trifecta of Triumph' (working only on the best part of your passion) [49:41] Success vs Significance [53:11] How can you become ‘significant' now (rather than later)? [57:25] Links from the show: Visit Jen's website (https://www.jenduplessis.com/) Success to Significance Podcast (https://www.jenduplessis.com/podcast/) About Jen During 15 of her 37-year career in the mortgage industry, Jen has been listed in the top 1% of loan officers nationwide, spending 3 years in the top 200 of nationally ranked originators and has funded over $1 Billion in mortgage loans. She is recognized as an Influencer in her industry as the best-selling author of “LAUNCH - How to Take Your Business to New Heights” and top podcast host of Mortgage Lending Mastery. Jen is a highly sought out and charismatic speaker, speaking on stages with icons such as Darren Hardy, Tony Robbins and Les Brown. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Building a property portfolio does not happen overnight. It's a long labour of love that takes years and years before you can set yourself up for success. But for some, it can take a much shorter time than that. In today's episode, we discover how this power couple, Dane and Lauren, managed to double their property portfolio in just over a month. We'll talk about how they got into property investment in the first place… The challenges they encountered in building their portfolio… Their experience and mindset before and after their involvement with Dashdot... And heaps more! If you're looking for inspiration to jumpstart your portfolio's growth, then this episode is for you See you on the inside! In this episode we cover: Getting to know Dane and Lauren and their property journey [02:16] The average cost for building a house [07:39] How Dane and Lauren met [09:32] Was there any strategy behind Dane's property acquisition? [13:53] The goal is to continue to grow their portfolio [15:37] Why they decided to invest in real estate as a couple [16:16] Lauren's plans and her take on property investing [17:49] The roadblocks in furthering their property portfolio [19:49] The dangers of spiraling down to a “passive delay” thinking [21:43] Their strategic shift in property purchasing then and now [23:32] Are cheap properties synonymous to “junk properties”? [25:13] What are Dane and Lauren's next steps? [28:43] Advice for people who want to start investing [30:14] Normalize talking about wealth building [31:27] About Dane and Lauren: Before Dane focused on property investment, he was a carpenter who managed their family business which is also related to property management. After managing to secure and invest in properties, that's when he met Lauren, Canadian by birth and lawyer by profession. Together, they invested and continue to invest and search for more properties to expand their joint property portfolio. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Do you have an image of what your property portfolio will be 20 or 30 years from now? Do you see yourself accumulating more residential properties or will you venture on to commercial properties You see, having a clear-cut end game for your property investment is as important as your business end game. In the newest episode of the ‘Property and Business' series, we'll discuss the elements that need to be considered in planning out your property investing endgame. We'll talk about how the events of 2020 affected businesses and property investment alike... The elements of apex progressions and how it is important in planning for your endgame… The necessity of understanding your capabilities in risk management and leverage viewpoint... And so much more! See you on the inside! In this episode we cover: The effects of current world issues on businesses [08:06] Social media exacerbates all issues [09:35] What does it take to reach your endgame? [14:46] Apex progression: foundation, acceleration, and legacy [16:02] Should I aim for a debt-free endgame? [27:01] Positive cash flow or debt payment, which should be prioritized? [36:42] Goose's acceptable LVR and what his endgame looks like [40:29] Understanding risk tolerance and leverage viewpoint [44:43] Is buying and selling assets the only way to achieve success? [48:14] Invest in assets that are for the long haul [50:42] Adapting an active strategy: the buy and hold strategy [53:14] Focusing on building wealth and other phases of life [55:34] What does it take to have a hand at active property strategies? [57:40] Evaluate the risks that goes together in property investment [01:01:05] Base strategies on experience and capability to manage risk [01:05:06] Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Have you ever been curious about angel investing and what it's all about? Maybe you've been thinking about becoming one, but you're not sure where to start or even how to figure out which business to invest in. Or maybe you're a business owner and don't know the first thing about making your business attractive to angel investors. We cover all that in today's episode with Brandon Burns, an angel investor from C2 Angels. We talk about his experience scouting for angel investors for his start-ups… Why he got into angel investment, leaving behind the majority of his TV career… The varying degrees of the involvement of an angel investor... And heaps more! See you on the inside! In this episode we cover: Why did Brandon transition from being a creative to an angel investor? [05:31] The beginning of his angel investment career [08:36] The differences of being an angel investor in the US versus Australia [10:05] What is “angel investing” really about? [12:11] Look at the risks of business investment in a portfolio view [13:01] Degrees of involvement of an angel investor [18:08] Preparing a business that's attractive to an angel investor [20:31] Are Australian-centric businesses not viable for angel investors? [24:20] The emphasis on commercial viability and continuous funding [28:15] What's the typical best use of capital? [33:14] What businesses are most appropriate for this funding strategy? [36:51] Is angel investing effective on professional services models similar to PricewaterhouseCoopers Australia (PwC)? [38:58] The necessity of user growth in B2C start-ups [48:13] Brandon's ‘best' failure to date [50:04] Improved behavior leads to an improved life [53:58] Links from the show: C2 Angels Website (https://c2angels.com/) About Brandon: Brandon Burns is currently the National Head of Engagement of C2 Angels and is an angel investor himself. Before his corporate career, Burns was in movies, television shows and was part of the first season of Australian Idol. Presently, he places his showbiz career on the back burner as he does an occasional voice acting for children's shows and focusing on his career as an angel investor. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Have you got a plan to take you from where you are now, to where you want to be? What actions make up that plan? You see, most people are just bumbling along in life, haphazardly executing on random activities, without ever clearly knowing where they are going, or why. In fact, the key difference between those who find success, and those who settle for mediocrity is having the right mindset, and having the right goals. If you're reading this, then almost certainly property investing is a key factor in your quest for better. And, with the right mindset and due diligence, your property journey could lead you to a life of freedom, choice, and abundance. In today's investor story, we have Shaun McGeachin, a property investor who started his journey overseas, skipping the Australian market and investing in New Zealand straight away. Join us as we chat about his property portfolio's future pathway and how this plan plays in his grand goal of achieving economic independence in three years. We'll also cover why he got into investing in the first place, what he thinks of the growth of the Australian, UK, and New Zealand property market, advice for budding investors, and more. See you on the inside! In this episode we cover: A look into Shaun's property portfolio [04:43] The pathway of Shaun's investment journey [08:31] Total initial cost of getting property overseas [12:15] Due diligence and mindset matter 100% [13:08] Shaun's key takeaway from his first property investment [14:33] After Whanganui, where to invest next? [17:37] The future pathway of Shaun's property portfolio [18:47] When considering the numbers, is it purely based on yield play? [20:22] The appeal of the UK market [21:21] The best investment is mentorship [22:45] Why didn't Shaun choose to invest in the Australian market at first? [23:20] Comparing the growth of the Australian, UK, and New Zealand market [24:30] The balance between growth and cash flow [26:48] Shaun's advice for those who want to start their investment career [31:32] The goal is to buy back time [33:05] What's it like to have global income [35:38] About Shaun: Shaun McGeachin has been a full-time barista at Omar and the Marvellous Coffee Bird since 2013. Shaun's stint in property investment is relatively new. With his goal to buy back his time to spend with his family, he started his property investment career. As an investor, Shaun has his eyes on foreign property markets. Starting in New Zealand, he plans to enter the UK property market as well. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
We've reached the end… ...of our Hunting Hotspots series! For the past few months, we've covered each core growth driver to help you locate the right property at the right place, and invest at the right time. And today, we're going to talk about the final three - and it's an episode you won't want to miss. From understanding and riding the trends, breaking free from the “good location” paradigm, to the holy trinity of finding hotspots - there's so much to unpack in today's episode. We'll also talk about the ripple effect, its timing, and how to take advantage of it... The different location preferences and each of their benefits… How the government uses job opportunities to drive people in a certain direction... And much, much more! See you on the inside! In this episode we cover: Swift review of the previous core drivers [09:37] The ripple effect: when capital growth ripples outward [10:15] Understand, ride with, and pay attention to the trends [17:31] Consider the time it will take for a ripple to take effect [22:17] Sea change trend: Everybody wants to live near the beach [26:42] Why are some coastal locations more desirable than others? [32:00] If not sea locations, how about tree change locations? [38:27] The intersection of the nature of location with the other core drivers [43:23] What is the goal of the government in creating jobs nodes? [44:42] The location of jobs nodes direct the ripples of future hotspots [47:27] The holy trinity of finding hotspots: affordability, transport, & infrastructure [52:17] Did the pandemic affect the people's decision of moving back home? [55:30] Breaking free from the “good location” paradigm [58:04] Knowing these core drivers means more accountability as a buyer [01:01:09] Past performance does not indicate future performance, it doesn't matter [01:03:24] Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Has anyone ever told you to trade stocks because it's “quick and easy to get into”? Well, they might be a little off target - or a lot. You see, the stock market is not just about opening an account and buying and selling stocks... And just like property, it's a volatile market that requires focus, intent, and the right approach for you to do well in. Today, share and stock specialist Jason McIntosh from Motion Trader shares his expertise on how you can win against the volatile stock market. We'll talk about the current phase of the share market and how to respond to it… How to balance & spread risks in stock trading… The difference between investing in property and stocks... And heaps more! See you on the inside! In this episode we cover: Jason McIntosh and Motion Trader [04:20] The problem with “black box” systems [06:22] Failure is essential in refining your strategy & gaining experience [07:21] Jason's cornerstone setback [10:42] Moments of adversity pushes creativity [14:19] What made shares, business, and property your asset classes of choice? [18:06] The advantage of starting your investing journey while still at university [20:42] Current phase of the share market and how to respond to it [22:15] Planning your own investment and exit strategies [26:31] What strategies will work best under the current 2020 situation? [31:48] The benefits of spreading your risks [32:46] Trading with the trend [33:29] Balancing the risk reward of shares and property in a volatile environment [34:56] If you want thrill and excitement, the stock market isn't for you [39:39] Between stocks and yield, what should you consider when investing? [41:04] To buy or not to buy: An approach to purchasing stocks [45:07] snippet - 50:49 What is Jason's property investment strategy? [50:50] The difference between investing in stocks versus property [54:21] Investing is a career [1:01:28] Get a boost by learning from someone else's experiences [01:03:11] Links from the show: How to Build a Profitable Share Portfolio Free Workshop (https://www.motiontrader.com.au/theinvestorlab) Market Wizards: Interviews with Top Traders (https://amzn.to/37bmExY) About Jason: Jason McIntosh is a share and stock specialist and the brain behind Motion Trader. Motion Trader specializes in share trading advisory service based solely on hard data. Jason's expertise and years of experience at Bankers Trust in the 90s has helped him guide everyday people on how to invest and trade like pros. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Did you know that one of the best times of the year to buy property is during the Christmas season? And this is not just a theory. We have six solid reasons to support this, which we'll be unpacking in today's explosive, fun-filled episode! If you are financially ready to make that purchase but have been waiting for the ‘right time' to buy, consider this your green light. Join us as we cover the six major reasons why the festive season is the best time to purchase property. We talk about how you can beat the competition and get better deals... Why salespeople's motivation to reach their Christmas quota is your cue to jump in... Why you should always be mindful of land tax deadlines... And plenty more! See you on the inside! In this episode we cover: Why are people reaching out again after several months of inactivity? [06:05] Go against the crowd, beat the competition [15:30] The rise of motivated sellers during Christmas time [20:12] Negotiating prices to your advantage & closing sales [22:45] Jump on the salesperson's motivation to reach their Christmas quota [28:16] Pay attention to land tax deadlines and regulations [34:01] Emotional undertones in closing a property deal [37:11] Swift episode recap (rounding it all up) [43:22] Connect with Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Learning through experience is arguably the best way to grow, but if you haven't even started the journey, taking pointers from other people is the next best thing. If you're unsure about getting into property and feel like you're too young for it… You're not. If you have the right people around you and a good, clear strategy, age and income should not be a factor! Today's episode features property investor, Matt Chamberlain, who set out on his investment journey at the young age of 17. We'll talk about why he decided to invest in real estate… What his first property was and why he chose it… Mistakes and lessons learned along the way... And heaps more! See you on the inside! In this episode, we cover: A brief background on Matt [02:24] Starting out on his property and financial journey at 17 [03:19] Why Matt had a different approach to money compared to other people his age [06:27] Transitioning from accounting to real estate [09:11] Matt's first property and what his strategy was [12:37] The mistake he made with his first property [14:23] How long it'll take for his property to become positively geared [18:33] His advice to other young property investors [20:00] The goal and direction that he and his partner are working on [21:38] What direction in property does he see himself taking in the next 2 years? [25:30] The effect of current trade conditions in China on the Australian market [28:48] The lessons Matt has learned throughout his journey [30:37] Links from the show: The Barefoot Investor by Scott Pape (https://amzn.to/3pwhIMq) Rich Dad Poor Dad by Robert Kiyosaki (https://amzn.to/3lMmy5S) About Matt: Matt Chamberlain is an accountant by trade. Clear on his financial journey at the age of 17, he started investing and purchased his first property in Brisbane. He's slowly transitioning to real estate investing and ultimately working towards his life goal and achieving more freedom, choice, and abundance. Connect with us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Most of us all want the same thing: more time, more freedom, more money. And so, you create a business that you hope will give you the kind of life you've always wanted to have… A business that thrives and one you're excited to wake up to in the morning. But ask yourself: will you still be manning that business 10 or 20 years from now? Will you still be elbows deep in that business or sipping on your favorite drink at a beach and living your dream life? What does your endgame strategy look like? Today's episode of the Property & Business series is all about working towards your endgame strategy and achieving a life of passion and success. We'll also be talking about the volatile nature of business… How diversity is an integral element of a business' growth… Why acting out of scarcity creates a business owner's nightmare... And lots more! See you on the inside! In this episode we cover: Why build wealth outside of business? [05:33] Survival rate of the internet media industry [08:47] If you only had your business, how would your endgame strategy look like? [12:51] Is a clear endgame even viable in business without diversification? [16:55] There isn't a one-size-fits-all strategy for business growth [25:20] A business owner's dread: Working with clients/projects due to financial need [29:04] Acting out of scarcity creates a business owner's nightmare [32:23] We may want it all - but always remember what your actual goal is [34:04] Apart from time, money, and freedom, the goal is to be calm [37:06] What changes in business operations when revenue is not an issue? [40:03] A business owner's endgame is to live a life of passion [42:23] Business is a short to medium term strategy [44:35] To achieve your goals, be a gardener [45:57] Consider exit strategies outside of business [47:02] The majority of business owners don't know how to do business [51:10] To run a business, you need to work hard and gain the necessary skills [54:48] Align your business functions toward your legacy [56:08] Links from the show: The 3 Keys to Building Wealth Outside of Business for Business Owners (http://dashdot.info/outsideofbusiness) Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
What if you could pinpoint the best locations to invest, now, and in the future? You see, it's always better to have foresight than react to something as it's happening. Given everything that's gone down in 2020, wouldn't you want to have an idea of how the next year's going to be and come better prepared... And have an overview of how regional and key cities will perform property-wise? Today, property expert, Terry Ryder, joins us once again to share his insights on the major trends that are gradually shaping the future of Australian real estate. We'll talk about how key regional areas are outperforming capital cities… How the exodus to affordable lifestyle was well underway even before the pandemic… The drop of vacancy rates in regional hotspots… And heaps more! See you on the inside! In this episode, we cover: A short background on Terry Ryder [02:07] Regions outperform capital city markets [04:27] How to accurately compare the regional and capital city trends [06:29] The exodus to affordable lifestyle for definable reasons [12:35] Did COVID play a major role in the migration trend? [13:47] The current situation in major cities during the exodus [15:05] The vacancy rate drop in regional Australia [18:19] Three reasons behind the housing shortage across the country [21:28] Infrastructure drives up the demand for residential real estate [24:30] A national property boom in Australia is on the rise [27:27] The Holy Trinity: Location, yield, and value-adding strategy [30:30] Situate at the center and avoid fringe locations [33:38] Positioning yourself in hotspots before they become hotspots [34:58] Assessing the risks of volatile suburbs [38:29] The impact of infrastructure budget on property management [43:09] Lending laws & other factors that are affecting the property market [46:18] Strategically position yourself as an agent [48:20] Terry's view on what 2021 brings for property [49:07] Links from the show: Check out the Hotspotting website and Get a Solid Foundation To Build Your Property Investment Portfolio (www.hotspotting.com.au) About Terry Terry Ryder is the director and founder of Hotspotting.com.au, helping Aussies achieve the “Great Australian Dream” by providing quality research on real estate properties. Previously the editor at The Courier-Mail and currently a regular real estate columnist for The Australian, he has extensive knowledge on the real estate market and its behavior over the past few years. He has authored four real estate books and has ultimately become a household name for property investors. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, rate, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Can you imagine a growing city without a hospital? Or an urbanised area without schools? With these types of infrastructure, there's always a flock of interstate migrants and immigrants who come to live, work, recuperate, and study... And as they get drawn to cities and suburbs with access to healthcare and education, housing demand dramatically rises with it! Today marks the 7th episode—the seventh core driver—in our ‘Hunting Hotspots' mini-series, helping property investors locate the next ‘hot thing' that'll take their property portfolio to the next level. We'll talk about the impact this infrastructure may have on the local community… What types of properties do well near these infrastructures... The possible effects of online learning on the economy... And heaps more! See you on the inside! In this episode we cover: What are “education and medical infrastructure” hotspots? [08:13] The socio-economic impact of schools and universities [11:13] Housing property types that do well near education and medical catchments [15:48] What makes this hotspot a strong psychographic driver for economic growth? [18:34] The effect of educational infrastructures on the community [20:25] Why Adelaide and Brimbank's economic performances are strong [22:54] What happens to the economy when property hotspots work together [25:07] The essence of combining other factors aside from these types of infrastructures [27:45] Possible pay-offs of digital learning on the local economy [29:04] Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Property journeys are different for everyone. Some get to the end-goal in a few months. For others, it may take years. But what matters is that we don't stop until we get there. In today's episode of The Investor Lab podcast, international investor Andre Weller shares his inspiring story of how he went through the ups and downs of his property journey at the young age of 21. Andre and I talk about why he chose to invest in the US… The hurdles he had to overcome in property investing... And what his next move is. If you feel like your property journey is going through some speed bumps, then hop in and tune in to this episode. See you on the inside! In this episode we cover: A sneak peek into Andre's life [02:59] What inspired him to get into property investing [06:17] Starting his first real estate investment at the age of 21 [08:49] His property journey after his first investment [11:09] Why he started property investing in the US [14:49] Andre's strategy, goal, and lessons learned in property investing [16:17] Learning more about property investing through podcasts [19:59] The biggest challenge that he had to overcome [21:18] What he would've done differently in his property journey [22:49] His next move in property investing [23:26] His advice to other budding investors [25:29] Andre's reservations on life and property [26:36] Living the minimum viable life to achieve financial independence number [28:29] What he's doing to encourage his siblings to go into real estate [29:37] Discussing property investing among his circle of friends [31:07] Links from the show: BiggerPockets Podcast (https://www.biggerpockets.com/podcast) Property Investory Podcast (https://propertyinvestory.com/podcasts/) About Andre: Starting out on his real estate journey at the age of 21, Andre Weller was able to provide a comfortable life for his family. Despite being kicked out of his home at 17, he never stopped trying to make a better life and got a job as a butcher. Wanting to achieve financial independence, he decided to live a frugal life and bought his very first home in the US. Now, he's interested in starting his property journey in Adelaide, Australia. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Curious about what the next big thing in business and property may be? What variables do you need to keep your eyes on when determining when to make the shift and where? A new technological revolution is on the rise and new trends are starting to develop that'll shape your business and property journey! The face of business and property is changing and it's to make a move! This episode is part of our ‘Property and Business' series with Charley Valher, created to help business owners decide on “what's next” and get them back on track. Today, we'll talk about technology and how it's affecting both property and business… The two key factors in interstate migration... What happens to businesses whose services can't go virtual... And heaps more! See you on the inside! In this episode we cover: How technology is affecting the property market [07:52] Does technology give a leading-edge advantage to property investors? [13:03] The most important trends in technology in the business space [16:04] The link between technology and decentralisation [18:05] Possible future developments in interstate migration [20:44] The two key factors in interstate migration [22:33] How feasible is it to live away from the CBD? [27:11] Forces that affect migration [32:39] Factors to consider when rent-vesting [34:04] What happens when the ATO decides to build an office in a regional center [38:33] Are businesses that can't digitise their services be able to get on with the trend? [40:38] Businesses prosper when there's passion [46:38] Does the environment affect how people start businesses in general? [49:28] As trends change, lifestyle and businesses also change with them [51:21] Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
What if you can predict what the market would look like in the coming years based on a perpetual cycle (that the whole world seems to be following)? You see, as intricate and unpredictable as the property market may seem… There is actually a pattern behind the ups and downs of the economy! If you're someone who wants to time the market right and prepare for any economic downturn that may come, then this episode is perfect for you. Today, let's unravel the pattern as finance, economics, and property cycle expert, Akhil Patel, shares with us his expertise on the 18.6-year property and share market cycle and what it means to you and me as property investors! We'll talk about the phases of the 18.6-year cycle… Where we currently are in the cycle… What happens after the current cycle ends… And heaps more! See you on the inside! In this episode we cover: A brief background on Akhil [04:51] How he discovered the 18.6-year cycle [06:22] The relationship between the real estate sector and the financial sector [10:08] How real estate underpins all other financial aspects of the economy [12:16] What is the “18.6-year cycle”? [16:08] The different characteristics of each phase in the cycle [18:55] Why technology is an instrument to the shift in the economy [20:42] Would the recession have happened even without the Coronavirus? [22:20] The bond yield curve inversion [25:38] Could it be that the market is living out a self-fulfilling prophecy? [27:24] The next thing after the mid-cycle slowdown [29:13] The world economy going in an upcycle for the next few years [31:49] What happens after the end of the up-cycle [33:55] The real estate cycle in Australia, the UK, and the US [37:50] Do other parts of the world such as China also have the same 18-year cycle? [40:23] How the cycle gets bigger every time [43:12] The world entering the biggest real estate boom since [45:03] A historical look at the biggest economic declines prior to the GFC [46:29] The benefit of knowing when the up-cycle will be [48:43] Is there a correlation between the real estate cycle and the share cycle? [51:37] What Akhil is working on and why he's so passionate about it [53:30] Avoiding the boom-bust cycle through the tax system [55:45] Why buildings are the key indicator of the revenue generation component [59:08] All wealth flows into land [1:00:18] Akhil's advice to people going into the boom-bust cycle [1:00:36] How people can best use this phase in the cycle [1:02:59] Links from the show: The Secret Life of Real Estate and Banking by Philip J. Anderson (https://amzn.to/32qfGDA) Visit the Property Share Market Economics Website (https://propertysharemarketeconomics.com/) About Akhil Akhil Patel is a world-leading expert on financial, property, and economic cycles. Working closely with Philip J. Anderson, author of The Secret Life of Real Estate and Banking, he did extensive research on the property market cycles to ensure that investors and business owners can avoid suffering the negative effects of an economic downturn and prepare better throughout the economic cycles. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Are you looking to find an investment location that provides more stable property growth? Or perhaps, you want to set yourself up for retirement while making short-term investments? You see, while some areas show great potential and die out after a short while... There are areas that show consistency when it comes to market growth... And it's just waiting for you to tap into it! Today's episode is about the sixth element, ‘The Stayers,' of our “Hunting Hotspots' mini-series, designed to help you build the property portfolio that will set you up for the life that you desire. We'll talk about what makes ‘The Stayers' a good hotspot… When the perfect time is to add this to your portfolio... What the downsides are to this strategy... And heaps more! See you on the inside! In this episode we cover: Why “The Stayers” is also considered a hotspot [07:33] Volatility is totally uncharacteristic of a “Stayer” hotspot [10:44] Defining a “Stayer” suburb and what it looks like by example [11:51] Why anyone would want to invest in “Stayer” areas [16:14] The downsides in purchasing properties in “The Stayer” hotspots [17:55] Who is this strategy suitable for? [20:36] The biggest myth around “The Stayers” hotspots [22:03] When is the right time to add a “Stayer” property to your portfolio? [25:20] What makes this a valuable addition to a portfolio [27:24] Is this strategy better for people looking to set themselves up for retirement? [32:01] Links from the show: The Book of Five Rings with Miyamoto Musashi (https://amzn.to/2I4ZfG0) Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Resource Links: Your Social Voice Website (https://www.yoursocialvoice.com.au/) Become the Mogul of your industry (https://www.mogulcall.com) Join our Mogul Mastermind (https://www.mogulmastermind.com.au/) Dashdot Buyers Agents Website (https://dashdot.com.au/) The Investor Lab Website (https://theinvestorlab.com.au/) Limitless: The Renegade's Guide to Building Wealth Through Property (https://amzn.to/37RFkF9) The Road Less Stupid (https://amzn.to/3e7ziB7) Investing in real estate doesn't mean you don't have to do any work. Yes, you need a good amount of capital, but having the money doesn't mean everything will just fall into place. That's the mindset of our guest today. As a property expert, Goose McGrath teaches us that property investment demands being active. We discuss what you can do with your hard earned money and why you don't need to look out for business milestones before investing. Learn a thing or two about how to keep your business growing by listening to this podcast episode now! What we discussed in this episode: What Goose does for a living [01:53] No rules of thumb, only “What do I do?” moments [03:19] Figure out a holistic approach to your goal [06:04] View on business and tax rates [09:04] The big fallacy about capital growth [11:26] What to look out for to succeed in property [13:29] The time investment in engaging in real estate [17:15] Time is more valuable than money [20:56] Effective return of investment [22:04] What to prepare to invest in real estate [23:50] Requirements for non-business owners [24:20] Financing the capital investment [26:54] Set a goal and treat property as a business [30:21] About Goose McGrath Goose McGrath is the CEO of Dashdot Buyers Agents and the acclaimed author of Limitless: The Renegade's Guide to Building Wealth Through Property. Goose, together with his team at Dashdot, are on a mission to help entrepreneurs build scalable property portfolios so that they can live a life of freedom, choice, and abundance. When it comes to growing your income through real estate investing, he is your man. You can connect with Goose McGrath through LinkedIn. Thank you so much for listening! If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Connect with The Kim Barrett Show: Subscribe on Youtube Follow Us on Facebook See omnystudio.com/listener for privacy information.
They say the best way to learn anything is by experiencing it yourself; the second, to learn from other people. On this episode of The Investor Lab podcast, we find out how 29-year-old Olivia Ward managed to buy 5 properties in 5 years by focusing on her “why”. Olivia and I talk about how she got started in property... The mistakes she's learned along the way... And the biggest challenge she's had to overcome to make things work. If you're looking for a sign to kick-off or keep goin' on your property journey, this may just be it. Let's get into the episode, and we'll see you on the inside! In this episode we cover: Olivia's investing journey [02:49] How her newly-found equity transformed her mindset [07:37] Building her portfolio after the first purchase [09:44] How can you define if something is under market value? [14:21] Buying a property with no super or SMSF [16:32] How she handled serviceability issues with her properties [20:33] The biggest challenge Olivia has had to overcome on her property journey [23:03] The most transformative book she's read that helped her investing decisions [27:36] Olivia's best (and favorite) failure [27:59] Realising her dream and what has been preventing her from taking action on her goal [29:21] Advice for others who are sitting on the fence of pursuing an investment journey [30:44] How do you see the property market shaping up in the next 2 years? [32:56] What to look for in an area that has potential for growth [34:39] Time is the most valuable resource that we have [35:45] About Olivia: Olivia Ward is a property investor who started her journey 5 years ago at 24 years of age. She now has 5 growing properties in her portfolio. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Did you know that there's a way for you to get time back into your life AND invest that into something worthwhile? Whether you invest your time into learning new skills… Use it to start another business or buy another property… Or leverage it to take some time away and confront your inner self... The moment you make a mindset shift, place the right people in your life, and position your short-term strategies to work together with the long-term ones… That's the moment that you get yourself on track towards the life that you want in the future! This episode is part of our ‘Property and Business' series with Charley Valher, created to help business owners decide on “what's next” and get them back on track. Today, we'll talk about the different forms of leverage… What you can do to get yourself out of the habit of working in the business… Why you need to think of both the short game AND the long game... And heaps more! See you on the inside! In this episode we cover: How technology is continuously revolutionising how we live [05:49] Leverage vs liability [08:52] How leverage provides you more business and life opportunities [12:17] The influence “mindset” has in the way you run your business [15:04] How Charley overcame the struggle in shifting mindsets [17:14] The biggest challenge is getting yourself out of the habit of working [19:39] What happens when you get stuck in “survival mode”? [21:26] “Fear-setting” is a tool to reframe your mindset [23:39] Strategic thinking happens when you consciously confront your own thoughts [26:14] Two books that helped Charley change his perspective on the short & long game of business [29:27] Two other forms of leverage: time and team [30:36] Leveraging labor vs information [32:55] How technological leverage changes the game of business and property [35:12] The more we embrace leverage, the more money we can make [40:36] Short and long-term thinking in real estate [43:00] Short-term focus is common among business owners [48:02] Why you need to balance short and long-term thinking in property and business [50:10] The information you consume shapes your perspective of the world [53:10] Choose your “prophets” wisely [58:31] Links from the show: Rich Dad, Poor Dad by Robert Kiyosaki (https://cutt.ly/RichDadPoorDad) The Road Less Stupid by Keith Cunningham (https://cutt.ly/TheRoadLessStupid) The Book of Five Rings by Miyamoto Musashi (https://cutt.ly/TheBookofFiveRings) Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Let's face it - asking can be uncomfortable. We fear rejection, or we simply don't think we should be asking at all… Or that we don't deserve anything more than what's presented to us. But if we start asking the right questions at the right time, we'll find that our dreams can actually become our destiny. All by harnessing the power of asking. Today, we'll take you through one of the most impactful episodes yet as we speak with two very distinguished authors: Crystal Dwyer Hansen and Mark Victor Hansen (Skinny Life, and Chicken Soup for the Soul) about the power of asking the right questions at the right time. We'll talk about the real definition of asking… What prevents people from turning their dreams into their destiny... The three stages of asking and how you can apply them… And a whole lot more! See you on the inside! In this episode we cover: Why Crystal and Mark decided to write a book together [05:26] The real definition of “asking” [07:52] Why do you need to start asking? [12:35] The right time to ask questions [15:15] It's not just asking questions, it's asking the right questions [17:02] Asking questions solo vs doing it with an accountability partner [19:33] What happens when you start asking questions? [21:55] What are people's biggest roadblocks? [23:56] The best questions Crystal and Mark have asked [26:07] Why they choose to stick to real estate [30:40] Is it better to bank on growth? Cash flow? Or both? [34:09] What questions did they ask that led them to a real estate journey? [35:00] How Stage 3 in the asking process can be applied by anyone [36:18] What “asking God” means [41:27] What happens when you complete all three stages of “asking” [43:23] How the book “Ask!” is different from the rest [45:46] Asking reveals to you what is hidden [48:23] The ultimate goal of “Ask!” [49:58] Links from the show: Ask! The Bridge from Your Dreams to Your Destiny by Crystal Dwyer Hansen and Mark Victor Hansen (https://amzn.to/2HxOxaZ) Ask! The Book Club (http://askthebookclub.com) Skinny Life: The Real Secret to Being Physically, Emotionally, and Spiritually Fit by Crystal Dwyer Hansen (https://amzn.to/2HFtnYk) Chicken Soup for the Soul by Jack Canfield and Mark Victor Hansen (https://amzn.to/3oxSqgq) The Aladdin Factor by Jack Canfield and Mark Victor Hansen (https://amzn.to/3muUF2w) About Crystal and Mark: Crystal Dwyer Hansen is an international speaker, researcher, corporate consultant, author, and entrepreneur. She spent years as a Transformational Life Coach, and Wellness/Nutrition Expert. Mark Victor Hansen is widely known as a multi-awarded, American inspirational and motivational speaker, trainer, author, serial entrepreneur, and member of multiple boards of directors. He is best known as the founder and co-creator of the Chicken Soup for the Soul book series, with more than 500 million books sold. Together, they authored a newly-released book called Ask! which helps people achieve their destiny by asking the right questions. Visit Mark Victor Hansen's Website (http://markvictorhansen.com/) Visit Crystal Dwyer Hansen's Website (http://crystalvisionlife.com/) Follow them on Facebook: (https://www.facebook.com/crystaldwyerhansen/) (https://www.facebook.com/MarkVictorHansenFanPage/) Follow them on Instagram: (https://www.instagram.com/crystaldwyerhansen) (https://www.instagram.com/markvictorhansen) Subscribe to Crystal on YouTube (https://www.youtube.com/channel/UC91WJR4T23sp7MFB5Ws1_lg) Follow them on Twitter: (https://twitter.com/CrystalVision) (https://twitter.com/MarkVHansen) Connect with them on LinkedIn (https://www.linkedin.com/in/crystaldwyer/) (https://www.linkedin.com/in/markvhansen/) Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
How would your life be different, if you had all the wealth that you could generate over the next ten years... but instead, you had it right now? You see, there's a real financial and emotional cost for each moment you spend waiting for things to get better tomorrow. But, while going back in time to start running towards the life that you seek is virtually impossible… It is never too late to start on your journey at all. So ask yourself this: If you can start taking action today, why choose to do it later? If not now, when? Today is another impactful and insightful episode that's sure to get you reflecting on the real cost of inaction. We'll talk about the financial and emotional costs of inaction... Why you shouldn't delay your investment journey... What causes people to take action later... And heaps more! See you on the inside! In this episode we cover: Why opportunity cost is the biggest risk for people [07:02] The real financial cost of inaction [08:30] The sooner you get your money working for you, the sooner it returns [13:48] Step out of your comfort zone to stop delaying your ROIs [15:15] The emotional implications of a lost opportunity [19:52] Reflecting on whether you should or shouldn't delay your investment journey [21:13] Death by 1000 cuts [22:50] What corrodes most relationships? [25:24] How would your life change if you had the wealth you'll have in 10 years, today? [26:05] Everything you want in life is available as long as you're prepared for it [27:40] “Hell on earth would be to meet the person that you could've been.” [30:02] Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
As 2020 is on its last leg, the government has performed a fiscal feat the likes of which has never before been seen in our history... But, how does this affect you and me as we go about our property and business journey? Is it only a buffer given as we're all headed to economic collapse? Or is this so-called impending “fiscal cliff” another lie told by market “experts”? This episode is part eight of our ‘Property and Business' series with Charley Valher, created to help business owners decide on “what's next” and get them back on track. Whether you're a property investor, business owner, or nine-to-five employee, you'll find so much gold in this scintillating episode as we dissect and examine the recent cash splash by the Australian government. Today, we'll talk about how the hand-out affects the property market… Why we strongly believe the property market is NOT crashing… How this fiscal movement affects business owners... And so much more! See you on the inside! In this episode we cover: Government “cash splash” in 2020 [04:58] The effect of the recent cash splash on the property market [09:46] You can never create demand, you can only create the opportunity for it [12:59] Vacancy rates in Australia are currently around 1% [15:38] Interstate migration has a higher economic influence than international migration [18:38] Market growth in Sydney won't be the same as it was in the last 10 years [20:51] Why Australia's property market is NOT going to crash [22:44] Two factors that contributed to creating a bullish property market [27:08] The benefits of cash splash, tax cuts, and low interest rates [29:41] The pros and cons in the recent cash splash for business owners [32:59] Startups and digital entrepreneurs are neglected the most in AU [37:46] Innovative companies head overseas to get the support they need [41:12] Charging more for services would stifle creativity and innovation [44:09] How will the 2020 budget impact business owners and property investors? [46:06] Using a coupon-based system to ensure the budget is spent the right way [50:38] Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
What would change about the way you invest, if you had a 90% chance that you'd get it right? What if predicting property market growth is actually easier than you think? You see, just like how expert traders are able to analyse short and long-term market trends through the use of data analytics… We can also do the same thing for the property market! Turns out you can ACTUALLY figure out where the next hotspot will be in the next 12 months! Today, one of Australia's top property market analysts, John Lindeman, shares with us the secret to how you can predict property trends at high precision. We'll talk about the two indicators in the housing market predictability… Why interstate migration is more important than international migration… The impact of infrastructure on property growth... And heaps more! See you on the inside! In this episode we cover: John's quest into property investing [04:30] 70% of people buy property to live in as a home [08:43] Two indicators in the housing market predictability [10:36] What is the Housing Market Prediction Solution and what makes it different? [12:52] Growth drivers that make the property market predictable [15:33] Is interstate migration more important than population growth holistically? [18:18] Taking future supply risk into consideration [20:02] The impact of the cost of finance in the property market predictability [21:23] Three ways to understand psychographic and demographic drivers [22:55] Why is infrastructure one of the top property growth drivers? [25:09] Will there be a shift in education due to a lack of foreign students? [29:35] The direction of the property market in the next 12 months [31:08] Property market stability in the CBD [33:03] Where are the next property hotspots in Australia? [34:36] John's preferred property investment strategy [38:58] What John wants to be remembered for [41:33] Links from the show: Mastering the Australian Housing Market by John Lindeman (https://amzn.to/33QREms) Visit the Lindeman Reports Website (https://lindemanreports.com.au/) About John Lindeman: John Lindeman is CEO of Property Power Partners and widely respected as one of Australia's leading property market analysts. With over fifteen years of experience researching the nature and dynamics of the housing market at major data analysts, John is renowned as the go-to property market researcher for Australian housing market insights. He is also the author of the landmark best-selling books for property investors, Mastering the Australian Housing Market, and Unlocking the Property Market. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Have you ever heard about people investing in properties and getting insane amounts of growth… Only to have the market flip upside down? You see, it's easy to ride the curve upwards when you see it - but much quicker to pour money down the drain when it comes crashing down. But, if you know how to look for the signs, you'll be able to get off the roller coaster, walk away unscathed, and become more prosperous than ever before. This episode is all about the fifth core factor, the “Boom Town Syndrome”, of our ‘Hunting Hotspots' mini-series, especially made to help you find the next property hotspot wherever you may be. We'll talk about what a boom town syndrome is… The biggest risks in boom town scenarios… Knowing when to pack up and leave... And heaps more! See you on the inside! In this episode we cover: Large-cap stocks vs small-cap stocks [08:11] What is the ‘boom town syndrome'? [10:00] Do regional centers have the boom town syndrome? [13:17] The biggest risks in boom town scenarios [17:00] Where people make mistakes when investing in boom town areas [20:29] Why you need to know when to sell your property [23:05] Tips on doing well in a boom town scenario [25:33] Keeping your eyes peeled for when big companies decide to leave [28:09] Are boom town scenarios necessarily a bad thing? [31:01] Does Perth show a boom town syndrome? [33:48] The biggest takeaways from this episode [36:11] Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Let me ask you… what are you optimising for? Have you ever felt like you're stuck on a hamster wheel, and no matter how hard you run, you never seem to get to where you want to go? Or perhaps you've gotten lost, and forgotten why you started on the journey in the first place? Most of the time, owners and investors get stuck in survival mode… And resort to constantly playing a game of tactics, rather than playing a game of strategy. You see, being in business is just like chess… And in chess, you always need to think (and be) three steps ahead. This episode is part seven of our ‘Property and Business' series with Charley Valher, created to help business owners decide on “what's next” and get them back on track. We'll talk about why you should always think of wealth optimisation in every business stage… How you can still get back on track to wealth optimisation… Why hyper-focus is a boon and bane for business owners... And heaps more! See you on the inside! In this episode we cover: Business owners are more focused on survival rather than optimisation [06:49] What is wealth optimisation? [09:50] Why you need to think about optimisation in every stage of your business [13:10] Money doesn't always equal to wealth, and BIG doesn't always mean ‘rich' [17:47] Think about the function your business serves in your wealth creation strategy [20:06] Using systems and processes to make the business saleable [22:31] The compounding effect of lost opportunity cost [24:28] How to get your business back on track to wealth optimisation [27:35] Optimising your business' appearance to the lender [30:18] The common middle-class business strategy [32:29] Negative-gearing may be a strategy at the initial phase of your business journey [37:22] The result of under-investing in your business [40:55] Any shift in priority is a reallocation of resources [43:00] Hyper-focus is the business owner's boon and bane [46:59] Ask yourself what you are optimising for [50:08] Links from the show: No B.S. Marketing to the Affluent by Dan Kennedy (https://amzn.to/3lBtenh) Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
What do success and happiness look like to you? Are they measured by the number of awards you have achieved? Or perhaps defined by the number of zeroes in your bank account? You see, most of us spend our time chasing that pot of gold at the end of the rainbow hoping to bring our dreams to life… Only to end up getting burnt out in the process and beating ourselves up for not reaching our destination. Sometimes, even when we get there, the happiness we think we'd have doesn't come... And as it turns out, there are six habits you need to develop to make your dreams a reality and have a more fulfilling life. Today, we'll talk about how mistakes are a good sign of growth… What the six habits are and what makes them essential… How to stop comparing yourself to others... And heaps more! So if you're looking for a sign to pause for a moment and get your life the way you envisioned it, this is it. See you on the inside! In this episode we cover: Laura and her journey towards self-development [05:47] Your mistakes are a good sign that you are growing [08:30] On retirement: figuring out how to keep the money (but not the work) [11:43] What are the six habits and how were they created? [15:40] Discovering the six habits during her downtime [18:23] Kindness is not just gestures toward others, but for ourselves as well [23:41] Overcoming the negativity inside her head [25:24] Getting into the habit of being kind to ourselves [28:06] Acceptance is unconditional self-love [30:30] Gratitude, like the other habits, is a lifestyle [33:35] Presence, goodness, and intention [35:24] When did we start losing the six habits? [38:50] The result of dialing in all six habits [41:00] What success means to her now [44:10] Wanting to see the world in a better place [46:11] It's worth it… and you are worthy of it [49:25] Links from the show: The Six Habits website (https://www.thesixhabits.com/) Get your copy of The Six Habits by Laura DiBenedetto (https://amzn.to/3cZPwMc) About Laura DiBenedetto: TEDx Speaker, #1 Bestselling author of The Six Habits and Life Mastery Coach, Laura DiBenedetto teaches how to create the life of our dreams without sacrificing what we love. As Founder and CEO of Vision Advertising, a company that she built at age 19, she has helped hundreds of entrepreneurs build and grow profitable enterprises entirely on their terms. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Ever gotten advice that seemed great at the start but turned out to be bad for business? Or maybe you're feeling lost in your property portfolio journey and need a little help to move forward? Regardless of where you are on your journey, knowing your next move is important... And understanding the unfair advantage business owners have in terms of cash flow properties can help you plan what happens next. Today, we lock in on an interesting—and perhaps controversial—topic: why cash flow is never more important than growth. This episode is part six of our ‘Property and Business' series with Charley Valher, designed to help answer the question all business owners must face: “What's next?”, and get them back on track. We'll talk about how asset diversification is needed for positive cash flow… Why you need to prioritise stability over big ticket items… Whether equity is essential for building a good portfolio or not… And so much more! See you on the inside! In this episode, we cover: 2020—the golden age of “pop” entrepreneurship [06:57] Change is great if partnered with the right business acumen [09:35] Why cash flow is more important for business owners [12:24] How long does it take before the average Australian can buy an investor-worthy property? [16:19] The only way to break your portfolio is to only chase growth [18:47] What if your property has zero growth rate? [20:40] Asset diversification is required to get a balanced portfolio and positive cash flow [23:34] How to better approach your portfolio in terms of cash flow and growth [25:21] The difference between first-time investors and investment giants [30:02] How does equity affect the overall yield of a portfolio? [33:25] Positive cash flow properties will eventually pay their own debt [36:41] Is it better to avoid using equity, or is it essential for building a good portfolio? [39:06] Any move can be good or bad depending on the circumstances [41:20] Why you need to build stability rather than just chase after big ticket items [44:35] How should you prepare to build your portfolio as a business owner? [46:49] At what point (with what factors) does a property portfolio become ‘important'? [53:59] It's critical to understand when to apply different levers in certain situations [58:09] Knowing when to switch focus from your business to your property portfolio (and vice-versa) [1:01:42] Business and property portfolio are two different asset classes that work well together [1:04:42] The biggest takeaways in today's episode [1:07:39] Links from the show: Stark Naked Numbers by Jason Andrew (https://amzn.to/36u0V5V) Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
How much is your time worth? Is the time you spend with your family, worth the same as the time you spend mowing the lawn? Have you ever wondered why some people seem to achieve so much more in life, when the reality is, we all have exactly the same amount of time each day? Do you ever think about “time” the way you think about money? Time is a finite resource, and is the most valuable commodity there is, in that we can never take back what's already passed. So, we must choose how to spend (and trade) it wisely… Today's episode aims to help learn how to buy back your time. We'll talk about why there are times you need to delegate your tasks to others for growth… Why it's important to have a defined goal and outcome to beat procrastination… How effective hourly rate affects how you take charge of your time… And heaps more! See you on the inside! In this episode we cover: Why would anyone want to buy back their time? [09:54] You can do anything you want, but it doesn't always mean you should [14:20] Time is a finite resource that you have to trade effectively and carefully [18:04] There is a limit to what and how much you can trade that makes sense [21:30] Time that you're spending is time that you're investing [23:41] Make sure to set a defined goal and outcome [25:34] You should spend your time living your life's purpose [30:23] Half the battle in life is just working out how you can hack time [33:00] Always think about what you really want [36:48] By outsourcing your time, you can give yourself a head start [41:26] How to calculate your effective hourly rate [43:37] You can choose to charge a higher hourly rate and have more time for yourself [47:25] The effect of outsourcing on your effective hourly rate [51:07] Is it possible to outsource everything while generating revenue? [54:18] Links from the show: Millionaire Success Habits by Dean Graziosi (https://amzn.to/3kKC4OP) Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Have you ever wondered “what is the right strategy for me?” Or have you wondered how different property business models might produce different outcomes, and when they should be used? Or even how long it might take to achieve success? In this episode we expose the value of strategic thinking and principles based approaches to portfolio building, so you can reach greater levels of success, much faster. Today, we mark part five of our ‘Property and Business' series with Charley Valher, designed to help answer the question all business owners must face: “What's next?”, and get them back on track. We'll talk about things you need to consider before going into negative gearing… Why long-term gratification provides a more rewarding life... How long it takes to build a successful property portfolio... And heaps more! See you on the inside! In this episode we cover: Don't purchase a negative gearing property without a surplus income [06:33] Risk factors involved in using bank loans to finance your property [08:04] The essence of understanding your business model and how it serves you [15:13] A ‘blended strategy' brings back serviceability, not increases it [17:16] The link between buying back your borrowing capacity and cash flow [20:01] Real estate investing is a game of finance with a few houses in the middle [23:14] The 3 phases of a business and property portfolio [25:59] Getting to your desired business model moves in stages [30:14] Your first goal shouldn't be cash flow, but growth that recovers debt [34:16] How long does it take to build a reasonable property portfolio? [37:30] Age matters a lot when investing in a business model [43:43] The best time to start was yesterday [46:07] Pursuing reasonable, long-term gratification grants a rewarding life [48:31] Zero to eight-figure cases are possible, but shouldn't be the new standard [49:04] Key takeaways on property and business models [51:14] The unspoken benefit of creating a positive cash flow in your portfolio [54:37] The riches are in the niches [57:13] Understand the concepts to play the game well [59:16] Just because you can make property upgrades, doesn't mean you should [1:01:53] Links from the show: Good To Great by Jim Collins (https://amzn.to/3iWCbGL) The Entrepreneurial Grid (https://theinvestorlab.com.au/wp-content/uploads/2020/09/BOGTP-Entrepreneurial-Grid.png) The Business Owner's Guide to Buying Property (https://theinvestorlab.com.au/wp-content/uploads/2020/09/BOGTP-June2020.pdf) Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Is saving money something you've always struggled with? Does having the freedom to do what you want, when you want, with who you want, seem impossible given your current situation? Or are you scared to take that first step because you have no idea how to start? Most of us think it's already too late to start saving towards economic freedom... We resign ourselves to the hamster wheel until we become too old to enjoy anything in life... And when we get a little older, only then do we look back and ask ourselves, “Why didn't you do it sooner?” Is that really the kind of future that we want to have? Well, it's time to get FITR. Today, we have an incredibly insightful episode with Lacey Filipich, founder of Money School, on how to be financially independent and be more time rich. We'll be talking about F.I.R.E. and the concept behind it... The benefits of being FITR (and taking mini-retirements)... Why any form of investment needs to be given due diligence... And so much more! See you on the inside! In this episode, we cover: Sowing her first few seeds towards financial independence [06:01] Becoming free at 30 [10:39] The concept behind F.I.R.E. [14:36] No need to live like a monk - just live the minimum, viable life & prioritise [17:29] Getting into the habit of saving [21:08] Keep a balance between awareness of an unknown future and having fun [25:01] The benefits of being FITR and taking mini-retirements [33:40] Properties require a lot of work but have the quickest capital growth [36:28] Cash flow continues to increase as rents go up [40:38] We invest in property for the leverage [42:21] Is yield more important than growth, or is it the other way around? [46:38] Don't buy a property without doing due diligence [48:01] The motivation behind Money School [50:20] The image of success for Lacey [56:16] Lacey's advice on not giving up [58:23] Links from the show: Visit the Money School Website (https://www.moneyschool.org.au/) Watch Lacey's TEDx Talk on YouTube (https://www.youtube.com/watch?v=XSHNDyinZSQ) Money School by Lacey Filipich (https://www.moneyschool.org.au/books/) About Lacey Filipich Lacey Filipich helps people become financially independent and reclaim their lives. She founded Money School in 2010 to build financial capability in adults and Maker Kids Club in 2017 to teach children money skills through enterprise. Her first non-fiction book ‘Money School: Become financially independent and reclaim your life' was published with Penguin Random House in February 2020. She is a TEDx speaker and the winner of a 2019 Business News '40 under 40' Award. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Have you ever wondered what the best investment strategy might be? Or have you ever considered how different strategies are essentially just different business models? Wouldn't it be exciting to start your property investment journey and know it will create more time, freedom, and money for you and your family? When we feel financially ready, we often jump right into what we think would be a great investment... Only to end up getting stuck and realising it's not compatible with who you are or where you want to be. So, what can you do to prevent this from happening? By taking a closer look at the different property business models under a microscope and understanding how they work and what they can do to turn a profit... You'll be able to avoid making that fatal mistake of getting tied up in a strategy that doesn't suit your vision and goals. If you're someone who's determined to take the right path but needs help to find the right direction… Then this episode is perfect for you. Today, we mark part four of our ‘Property and Business' series with Charley Valher, designed to help answer the question all business owners must face: “What's next?”, and get them back on track. We'll talk about the different types of business models… The similarities between online and offline real estate… What negative gearing is and why it's a bad strategy... And heaps more! See you on the inside! In this episode we cover: The consequences of choosing the wrong business model [06:16] The different types of property business models [10:59] The Eisenhower Matrix of business and real estate [13:39] Three phases of the investor's journey [15:57] To go faster, you need to slow down [18:37] Real estate is a business that consists of the land and the property on top of it [20:42] The concept of websites as online real estate properties [23:11] Applying online real estate strategies to offline real estate [25:15] Capital risks involved in property flipping [27:37] Test the waters when trying out new business models [30:57] Renovated vs unrenovated properties located in the same area [33:18] Blending developments with buy and hold strategies [36:01] Leverage creates more time and money in your business [39:32] What is negative gearing? [43:00] Why negative gearing is a bad strategy [46:10] The only way that negative gearing could work [49:40] The biggest risk concerning negative gearing [54:29] Was the concept of negative gearing a mistake? [57:13] About Charley Charley Valher is a household name among business owners, investors, and entrepreneurs. He is the Founder and CPO of Valher Media, helping entrepreneurs scale their business through the business of podcasting. His expertise has helped launch multiple podcasters into becoming one of the best in their field. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
If you had the choice, would you prefer living in the hustle and bustle of the concrete jungle? Or… would you rather live by the beach, relaxing under the sun, sipping Piña Coladas? Times are changing, and with the pandemic factoring in, we're seeing a shift in real estate value, specifically those located near lifestyle features. With more and more people working from home, people now have the freedom to choose where they want to live… And believe it or not, proximity to facilities that offer lifestyle choices and alternatives are one of the core drivers that make an area a hotspot. Today's episode is part five of the ‘Hunting Hotspots' mini-series... We'll talk about the types of lifestyle features that determine real estate value… How the pandemic has changed where people decide to live in... Why people prefer to live in places with a great view despite some inconveniences... And much more! See you on the inside! In this episode we cover: Three types of lifestyle features that have the biggest impact on real estate value [09:20] Properties near beaches and golf courses demand more premium than others [12:37] The hierarchy of desirability value in properties [15:49] Why people love properties with a great view [17:39] Lifestyle features have become the biggest property driver during the pandemic [20:53] As we move into the digital space, people are starting to realign with our values [23:47] Prices of properties near lifestyle features may shift in the coming months [25:27] People live near cities because they subconsciously think they have to [31:08] Links from the show: Hunting Hotspots Report (https://theinvestorlab.com.au/resources/#realestatehotspots) Send us an email at hello@dashdot.com.au! Watch our “Psychographics vs Demographics: An Investor's Hidden Edge” episode (https://theinvestorlab.com.au/podcast-ep31-psychographics-vs-demographics-an-investors-hidden-edge/) Watch “The Fiscal Cliff is a Lie - feat. Terry Ryder” episode (https://theinvestorlab.com.au/podcast-ep46-the-fiscal-cliff-is-a-lie-feat-terry-ryder/) Check out Part 3 of our “Hunting Hotspots” series on “Transport Infrastructures” (https://theinvestorlab.com.au/podcast-ep49-urban-renewal-government-policy-hunting-hotspots-3/) Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Are you confident that you, your business, or your property portfolio will stay afloat if an economic downturn suddenly happens? What if you realise that the business model or property strategy you've invested years on is not really for you? Sometimes, we get bad advice from different people without really knowing what kind of risks we've exposed ourselves to… And before we know it, we've already signed up for the ultimate recipe for disaster! If you're someone who wants to understand potential risks and how to mitigate them... Then listen up and learn how not to crash your business or property vehicle. This episode marks the third part of our ‘Property and Business' series with Charley Valher, designed to help answer the question all business owners must face: “What's next?” In this episode, we talk about how to choose the right business or property model… Why you should put more priority in getting the right team… Different business and property risks... And loads more! See you on the inside! In this episode we cover: Different business models work for different people [07:49] Negative-gearing businesses won't create more time, freedom, and money [11:16] Property investing may not be designed for business owners [15:00] Stock Trading is a more active strategy than you think [17:54] Having the time to commit is a huge factor in choosing the right business model [20:43] In real estate, it's crucial to have a team that shares your values [22:29] Never try doing it yourself - get advice from the right team [26:54] 90% of property investors don't achieve their desired financial outcome [32:54] Why diversification is a good way to reduce risk [36:27] If you purchase a property, always have 3-months worth of rent as a moat [40:59] Properties can pay for themselves [47:27] Never let yourself get into a negative equity position [50:56] Efficiency plays a great factor in high LVR percentage scenarios [52:12] Owning a single, debt-free property vs having diversified properties with loan [55:06] Positive cash flow is the ultimate cure-all for businesses and properties [58:51] The two biggest mistakes that business owners can make [1:02:39] Links from the show: Billionaire in Training by Bradley J. Sugars (https://amzn.to/3idQnL1) About Charley Charley Valher is a household name among business owners, investors, and entrepreneurs. He is the Founder and CPO of Valher Media, helping entrepreneurs scale their business through the business of podcasting. His expertise has helped launch multiple podcasters into becoming one of the best in their field. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Did you know that you can outperform other investors by predicting the future of the property market? What if there is a way for you to foresee how it will be doing in the next three or four years? As unreal as it sounds, it is possible. With the power of technology and algorithms, you can give yourself the leading edge advantage that you've always wanted. Today, we'll talk with two expert property market analysts, Matt and Sasha of Higher Than Average Growth, about how to leverage your knowledge of the future to outperform investors. We'll talk about machine-learning algorithms and how it's different from AI... What makes the human element essential to this kind of technology... Why there are multiple growth drives that factor in... And lots, lots more! See you on the inside! In this episode, we cover: The origins of Higher Than Average Growth [04:49] The team behind HTAG [09:11] Using past property market performance data to predict the future [11:41] Challenges in predicting the property cycle, all variables considered [15:41] How HTAG measures accuracy [18:15] AI vs machine-learning algorithms and their roles in property investing [20:09] The downside of applying technology to property investment [25:21] The biggest drivers of the growth of an area [30:02] The future of HTAG [36:16] Data interpretation still requires a human element [37:45] The only way to get your answers would be to keep probing [41:15] To train an algorithm, you have to feed it with a good diet of healthy data [42:40] Links from the show: Visit Higher Than Average Growth's website (https://www.htag.com.au/) About Matt & Sasha Matt & Sasha are the founders of HtAG Analytics, helping real estate professionals make informed property decisions through the use of accurate data science. Together, they have made groundbreaking results and have greatly impacted the property investment community. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
On a scale of 1 to 10, how would you rate your financial IQ?And, if you're honest, how would you rate your ability to tell a good investment strategy from a bad one? You see, most of the time, we invest in what we initially thought was a “good idea”... Only to end up wasting time, energy and money in lost opportunity cost.. However, by gaining a better understanding of your own financials in congruence with how the game of life is being played… You can stay on track and accelerate yourself towards the life that you desire. Today is the second part of our ‘Property and Business' series with Charley Valher, Founder and CPO of Valher Media. A series designed to help answer the question that all business owners must face… “What's next?” And today, we'll talk about what makes property investing different for business owners… How they can go about debt financing and make it work for them... Why Rentvesting is a good way to save up on your taxes... And heaps more! See you on the inside! In this episode we cover: Goals and desires can be the same, but achieved in different ways [05:33] Borrowing is more challenging for business owners than it is for employees [08:23] Be cautious of how heavily you invest in your business (for taxes) [12:15] Buying new, unnecessary equipment to save up on tax is a bad idea [14:12] Clear out your debts first before investing in real estate [17:47] Credit card liabilities affect your borrowing capacity - even when fully-paid [19:32] A lender's risk assessment of your finances & their risk tolerance [22:14] Risk assessment of digital assets may be harder for lenders [26:53] Taxes in relation to business owners and real estate investment [28:45] Should you set up separate trust accounts for each property or asset? [34:03] How separate trust structures impact tax rates for your properties [37:30] There is no one-size-fits-all strategy for different financial circumstances [39:07] The ‘secret to success' regardless of financial background [43:22] How Rentvesting allows you to reduce your taxes [45:20] Life can be easy, but it's our job to work out how to make it so [48:15] Rentvesting holds a massive potential that everyone should harness [49:39] Lifestyle design and living life the way you want it [51:31] Links from the show: The Richest Man in Babylon by George Clason (https://amzn.to/2F08K7I) About Charley Charley Valher is a household name among business owners, investors, and entrepreneurs. He is the Founder and CPO of Valher Media, helping entrepreneurs scale their business through the business of podcasting. His expertise has helped launch multiple podcasters into becoming one of the best in their field. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
How would you feel about getting a 6.24% yield or more in the midst of a pandemic? Or what if you got 12.9% growth during the middle of an economic crisis? Well, we are delighted to share with you just some of the results our clients have achieved over this challenging time. With all of the negative news stories, and media misinformation, it's not hard to get demotivated and give up on your property journey... But if you look a little more closely, you'll realise it's not all bad and that there are actually ways you can invest intelligently, to progress your personal wealth journey, even in times like these. ! So, If you're someone who wants more time, more freedom, and better returns... You've come to the right place. Today, we'll talk about a few of the Top 20 property purchases we made for our clients... How real estate has transformed people's lives over the years... Why you should stop waiting and start taking action... And heaps more! See you on the inside! In this episode, we cover: Our top 20 property purchases showing a 6.42% average yield [14:37] Being one of the real estate industry's “best-kept secrets” [16:33] Real estate is not just about buying houses; it's about transforming lives [18:19] How client transformations through property growth can transform communities [23:16] You don't have to spend a lot of money to buy a property with high yields [26:11] The people who take action get results (and freedom) [28:07] Real estate investment allows you to gain at least 50% ROI in less than a year [30:32] Why you need to listen to this episode [37:49] Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Have you ever thought about what would happen to you and your business if the market suddenly shifted? Or what would happen if you didn't, or couldn't, show up to keep the wheels turning? You see, most business owners focus all of their time and energy on building a better machine… But very few have a plan for what would happen if they need to, or want to, stop working one day. If you're someone who wants to have a more stable future and create more time, and more freedom...… But don't want to end up sacrificing your business along the way... Then this episode is perfect for you. Today marks the first part of our ‘Property and Business' series with Charley Valher, Founder and CPO of Valher Media. A series designed to help answer the question that all business owners must face… “What's next?” And, today we'll talk about why you need to start thinking about property investing… How you can use real estate debt to your advantage… The secret power of Rentvesting… And heaps more! See you on the inside! In this episode, we cover: Why Charley started thinking about property—and why you should, too [08:00] Owners tend to build businesses that can't flourish without them [10:40] Property investment allows you to create other pillars of wealth [15:01] How to break free from your business through Rentvesting [17:43] How Goose discovered the ultimate hack to property investing [21:19] Diversification: Taking money from your business and investing it in property [29:24] Factors that can potentially change the market in the future [35:25] Proximity doesn't necessarily equate to business growth [42:15] Charley's initial ‘belief thresholds” on various investment possibilities [44:09] Decoding real estate debt [48:04] The property market is non-linear and moves in cycles [52:59] Property core drivers are key in making good investment decisions [57:08] No business owner wants volatility in their property portfolio [59:38] Always prepare for what's next [1:01:42] About Charley Charley Valher is a household name among business owners, investors, and entrepreneurs. He is the Founder and CPO of Valher Media, helping entrepreneurs scale their business through the business of podcasting. His expertise has helped launch multiple podcasters into becoming one of the best in their field. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Have you ever wanted to take control of your life but are stuck, shackled to your job? If pursuing your passion is being hindered by work (or the temptation of a great salary)... You might need to learn how to sack your boss... And be one step closer to getting the financial success you've always dreamed about. Today, we're joined by the founders of The Guerrilla Method, Matthew and Sahara, as we talk about the methodology that helped catapult them towards financial freedom... We'll talk about what makes persistence and consistency the baseline of success... The difference between quitting your job and sacking your boss... What makes wealth a team sport... And heaps more! See you on the inside! In this episode, we cover: The legends that are Matthew and Sahara [04:51] Matthew's life and career before investing in real estate [06:40] Persistence and consistency can get you places [09:25] Sahara's humble beginnings & their move into real estate investing [11:58] The story of how they bought their first real estate property [16:29] Renovating their first property & reaping the fruits of their labor [19:26] The right and wrong ways of managing a real estate business [22:56] ‘Doing' is the best learning, mistakes, our greatest teachers [25:23] Applying their acquired knowledge and getting back on their feet [27:05] How to sack your boss [32:01] Wealth is a team sport [36:40] The four fatal afflictions of humans [39:32] Action without perspective is bad [41:38] The end-goal of The Guerrilla Method [44:23] Their vision of success is a community of smiles [47:22] Focus on one idea, take action, and believe in yourself [51:26] About Matthew & Sahara Matthew & Sahara are the founders of Guerrilla Method Real Estate, where they help real estate investors discover the secrets very few know about optimizing real estate for higher returns, and double - triple - their income with property. They are passionate about helping investors achieve the freedom of wealth through cash flow positive real estate. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Isn't it so exciting to be a part of a big shift in a town's economy? You see, suburbs and far-flung areas are slowly transforming into robust cities all because of well-planned urban renewals... And positive changes in the economy are slowly sprawling from town to town. To be able to ride the curve upward, you need to have access to information that will make your investment journey fulfilling. Today's episode is part four of the ‘Hunting Hotspots' mini-series… We'll talk about what makes urban renewal different from the ugly duckling syndrome… Why decentralisation can foster market and economic growth… What makes timing so important in property investing… And heaps more! See you on the inside! In this episode, we cover: The Ugly Duckling Syndrome vs urban renewal and government policies [07:17] Government decisions are business plans that drive money to the economy [10:15] What makes planned gentrification exciting? [14:42] Why buy property in Armadale? [17:04] Decentralisation diversifies economic centers and drives market growth [19:17] Councils sometimes miss their targets, just like businesses don't hit some goals [22:16] Plans are useless, but planning is essential [24:35] Urban renewal is based on livability [26:00] The greatest gains are in the transition point [30:01] Timing is critical when making a real estate investment decision [31:20] Link/s from the show: Hunting Hotspots Report (https://theinvestorlab.com.au/resources/#realestatehotspots) Send us an email at hello@dashdot.com.au! Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Do you sometimes ask yourself if you're on the right path? Most of us just stumble around not really knowing what direction we want our lives to take. If you've always wanted to find your purpose, identity, and create a life plan that ties it all together, then this episode is perfect for you. You see, you can either let life happen to you… Or you can take control and decide what kind of journey you'd like to create for yourself. Today, we have a very impactful and insightful episode as we chat with Tristan Scifo, adviser, mentor, and coach at Purpose Advisory. We talk about how to build your life plan according to your personality… Why you need to have a better perspective on money... Why you need to pay attention to your mental health… And so much more! We also talk about the importance of mentorship and how it will help you map out your life. See you on the inside! In this episode, we cover: Tristan's motivation and journey to becoming a Financial Advisor [04:20] What does money have to do with service, love, and happiness in general? [09:17] Is it bad for money to fuel interaction & innovation? [12:49] Money is a magnifier and amplifier [15:37] Building a life plan around people's personalities [17:20] Creating a congruent life plan between two different personality types [19:02] Do we get to pick our preferences on love? [21:45] What is the price tag in getting what you want in life? [24:27] Different strategies in building a life plan [26:07] How to simplify the journey to get to where you want to be [29:34] What makes property and financial advising spaces exciting? [33:17] Working out your life journey in relation to purpose and identity [35:55] Finding clarity in your identity [39:51] Pay attention to your mental health as much as your physical health [41:32] To be in control, you have to understand your programming [44:01] The different facets of the human journey [46:36] To fast-track your life, you need to have a mentor [51:16] Links from the show: Purpose Advisory (www.purposeadvisory.com.au) Pyscho-Cybernetics by Maxwell Maltz (https://amzn.to/2PhYjyb) About Tristan Tristan Scifo is a husband, father and helps people live a fulfilled life in his role as an adviser, mentor & coach at Purpose Advisory. After 5 years employed as an adviser – first in a large corporate environment and then in a local suburban environment, Tristan launched Purpose Advisory in February 2018 as Australia's first ever financial advice + life coaching company. His greatest joy at work is to see his clients find a deeper understanding of their identity, and as a result, to achieve results they couldn't have dreamed of in the past. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Purpose Advisory Website (https://purposeadvisory.com.au/) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, rate, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Have you ever found yourself looking at someone else's “success”, like a big property portfolio or a nice car... And thought… “Why haven't I been able to do that?” When you compare your accomplishments with other people's, does it make you feel inadequate or inferior? Or, do you rely on social ‘likes' and number of followers to feel good about yourself? If so, this episode will definitely make an impact. You see, you have to understand that in order to attain true happiness and success, you have to stop feeding your ego with these metrics… And realise that if you play the comparison game, you'll never be content. Today, we have a meaningful, eye-opening episode that will help you start focusing on what matters… We talk about the ego metric and why you need to examine it... Where to seek fulfillment in life... Why you are the hero of your own story... And heaps more. See you on the inside! In this episode, we cover: What is an ego metric and why does it matter? [08:01] ‘Better' is a qualitative piece you need to define [11:14] Ego metrics are addictive and leads you to chase the wrong goals [15:00] You won't know if you're doing good if you don't measure [17:48] How to know if your goal is a healthy goal [20:38] To know if your goal matters, you need to understand the ‘why' [22:36] Why don't people dig beyond the ego metric? [27:27] Fulfillment comes from the inside [30:15] No one else is keeping score of your own life [32:08] You're the biggest hero in your own story, not someone else's [33:45] People get self-conscious because of their inherent nature for prejudice [35:18] We're all running towards something, but no one else is running with us [36:58] You can become your own champion [38:03] Time well-spent gives people the most happiness [40:13] If you play the comparison game, you will never be happy [42:06] The key to happiness is to know you're doing your best [44:21] There's no force on Earth that's more damaging than the opinions of others [46:03] Link/s from the show: Hooked - Nir Eyal (https://www.amazon.com/Hooked-How-Build-Habit-Forming-Products/dp/1591847788) Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
How many times have you put off making an investment decision, because there is “something just ahead”? Or said to yourself “If I just wait ‘til after (insert made up excuse here), then it will be the PERFECT time to invest...” Only to find yourself a month, 6 months, or even years down the line having never taken action. Did you find yourself worrying about the property market during Q2 of 2020? Perhaps right now, you're still waiting until things get better before investing again... But what if I told you that despite predictions and claims by property pundits, the Australian property market remains strong? You see, the “fiscal cliff” is indeed a lie. Today's episode features Terry Ryder, property expert and Australia's leading real estate researcher. We'll be talking about the gross inaction of some property investors… What actually happened in the last quarter... Vacancy rate differences between this year and the last... And heaps more! We'll also touch on dominant trends to look out for when making real estate investment decisions. See you on the inside! In this episode, we cover: Investors think that by doing nothing, they are doing the right thing [05:51] The ‘pandemic' of gross inaction [08:20] What happened during the last quarter? [10:25] Property prices in the 90s recession [13:19] Australia is one of a few countries that avoided the recession during the global financial crisis [18:27] What is the September cliff? [21:05] Predictions are based on the assumption that everything stays the same [23:37] Risks in the property market [27:49] This is the time for an opportunity [30:42] There's not much change in the vacancy rates since last year [32:05] Rents are up, vacancy rates are down [35:05] Look out for the dominant trends in the property market [37:57] The beauty of geographic arbitrage [41:03] Other drivers in the property market [45:43] Property market boom in Brisbane [47:50] Seize the opportunity [50:24] About Terry Terry Ryder is the director and founder of Hotspotting.com.au, helping Aussies achieve the “Great Australian Dream” by providing quality research on real estate properties. Previously the editor at The Courier-Mail and currently a regular real estate columnist for The Australian, he has extensive knowledge on the real estate market and its behavior over the past few years. He has authored four real estate books and has ultimately become a household name for property investors. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, rate, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Have you ever seen a suburb or area transition from “dump” to “desirable”? Isn't it amazing how organic gentrification can transform an area from being in the economic backwater to the center of diversity and growth? And, with a little knowledge and foresight, you can start to see the future before it happens. You see, residents in these areas often don't see the changes happening around them until it's too late... So when you start investing in these places, people can't help wondering why. However, as an investor, you have to realise that localisation can mask potential… And all you need to do is to see beyond what other people can see. Today's episode is part three of the ‘Hunting Hotspots' mini-series. We'll talk about what the ‘Ugly Duckling Syndrome' is... Why it's important to be able to foresee an area's potential... And so much more! Unlock the skill of foresight and watch your opportunities grow by tuning in to this episode! See you on the inside! In this episode, we cover: What is the Ugly Duckling Syndrome and why is it important? [09:48] The Ugly Duckling Syndrome is primarily driven by affordability [14:25] The Ugly Duckling Syndrome can come from family, friends, and residents of the area [17:06] The value of having foresight and seeing an area's potential [18:11] Why is it called “The Ugly Duckling Syndrome”? [21:03] Low gentrification areas eventually change [22:54] Investors should detach from their emotions when investing [25:21] Links from the show: Watch the first episode of this series “Before the Hotspot” (https://theinvestorlab.com.au/podcast-ep37-before-the-hotspot-finding-locations-primed-for-growth/) Download the “Hunting Hotspots” report (https://theinvestorlab.com.au/resources/#realestatehotspots) Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity/) Dashdot Buyers Agents Website (https://www.dashdot.com.au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast with others you know will benefit from the show! See omnystudio.com/listener for privacy information.
Have you ever heard stories about people who have had massive success in stocks and shares and thought… “I could do that!'? Are you curious to find out what it takes to trade stocks or invest in real estate? So many people assume that trading is easy and provides instant results, but it takes discipline, knowledge, and a good strategy to get ahead in the game. You see, trading is not a “get rich quick” scheme. Much like real estate investing, the process is different for everyone and depends on your goals and definition of success, among other factors. Today, we're chatting with trading expert Chris Tate as we deep dive into the world of tactics and numbers. We'll be talking about how to approach different types of investment opportunities…Things to consider when investing in an asset class... Why discipline makes a huge difference for success… And heaps more! We'll also be touching on how the proper mindset plays a great role in any endeavor and what you can do to maintain it. See you on the inside! In this episode, we cover: Chris Tate's colorful journey into the business of trading [04:35] How he got started in investing [10:31] Leverage or Liability: Real estate as an asset class [14:31] Be aware of what your chosen asset class can do for you [17:56] How can you navigate market cycles & identify investment opportunities? [21:21] Deciding your asset class: What is wealth creation for you? [25:06] People often expect trading to be easy with instant results [27:45] Money is the only commodity that you can always get more of [30:11] How can you balance buying, holding, and moving in and out of markets? [33:25] Dividend Reinvestment Plans [38:13] Discipline makes all the difference for success in anything [39:33] The role of “mindset” in any endeavour [41:22] Habits for maintaining the proper mindset [44:08] Success is being able to have control of your time [46:20] Where will the economy be a year from now? [49:59] Links from the show: Trading Game (www.tradinggame.com.au) Talking Trading (www.talkingtrading.com.au) About Chris Chris Tate is one of the first people to ever release a share trading book in Australia and has had an extraordinary impact on thousands of traders. Best selling author of “The Art of Trading” and “The Art of Options Trading in Australia”, his brutally honest approach and meticulous pursuit of excellence ensure that exceptional traders all around the world quote his market comments. He's been running the 6-month repeat-for-free Trading Game Mentor Program for the past 20 years, and he's also the founder of Talking Trading, a free weekly trading podcast. Follow Chris on Twitter (https://twitter.com/game_trading/) Connect on LinkedIn (https://www.linkedin.com/in/christatetrader/) Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, rate, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Have you ever had those moments where you just signed and sealed a deal and thought, ‘Man, I could have done better!'? Or perhaps you can just never seem to get a deal “over the line”? Well, you're not alone. You see, a lot of people can get intimidated when handling negotiations… But there are ways to be confident & negotiate where both parties benefit. Handling negotiations is not just a simple business transaction… It is an art. In this episode, we'll be sharing the 7 key points to the art of ethical negotiation. We'll be talking about how you can apply them in business and life… How assertiveness can be done with empathy and respect… The value of integrity and flexibility... And so much more! From major business deals to simpler negotiations, this episode will be an eye opener. See you on the inside! In this episode, we cover: Why do we need to talk about ethical negotiation? [07:37] Differences between ethical and unethical selling [11:14] What a negotiation is and why it's an emotional sport [12:17] Understanding: Understand what motivates the other side [20:08] Empathy: Show the other person you care and build a connection [23:05] Assertiveness: Be clear, concise and direct with what you want, confidently [26:07] Knowledge: Clearly understand the mechanics of the deal [30:22] Flexibility: Flow around the obstacles to get to where you want to go [35:25] Integrity: Operate with a clearly defined set of moral guidelines [38:34] Respect: Respect yourself, and the other side, and know when to hold or fold [42:40] Links From The Show: The Ultimate Blueprint for an Insanely Successful Business - Keith Cunningham (https://www.amazon.com/Ultimate-Blueprint-Insanely-Successful-Business/dp/098465920X) Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity/) Dashdot Buyers Agents Website (https://www.dashdot.com.au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast with others you know will benefit from the show! See omnystudio.com/listener for privacy information.
Ever wanted to buy properties which spit out 10% yield….. NET?? Or perhaps wondered how to find opportunity in a market that has flipped upside down? Or maybe you've always wondered about how to invest overseas? Well, listen up… Because all the answers you seek are right here. Today, you are in for a treat as we talk to Lindsay Stewart, who specialises in helping Aussies to invest in the USA. We'll talk about why you might want to invest in the US… The similarities and differences between the American and Australian markets…Four core strategies you could use in buying real estate... And loads more! We'll also help you look for the key economic drivers that will help you make better decisions in real estate investing. Tune in to another engaging and insightful episode that's sure to interest all kinds of property investors! See you on the inside! In this episode, we cover: Lindsay's property investing journey [06:51] The amazing dichotomy of the city of Detroit [09:48] The United States has a broad spectrum of property classes [11:21] Detroit's Growth Cycle: Their rise and fall over the years [13:17] Buying real estate using manufactured growth strategies [15:21] If you can't get 10% net, you're in the wrong area [18:39] Risks involved in investing in recessive markets (versus boom markets) [20:01] Rental markets in the Midwest areas are strong [21:27] The BRRR Strategy and other approaches in buying real estate properties [25:27] Rental yields are dependent on supply and demand, not property costs [31:19] How can there be so many vacant, non-livable properties in some areas? [32:39] The state of the U.S. and how it's affecting property markets [38:59] How to navigate the U.S. property market as an Aussie [47:12] Nearly 30% of Americans are living paycheck to paycheck [51:12] Get mentored by Lindsay Stewart in property investment [53:45] Lindsay's purpose and success being anchored on choices [54:50] Links from the show: Star Dynamic (https://www.stardynamic.com.au/) Zillow Real Estate & Rental Marketplace (https://www.zillow.com) About Lindsay Lindsay Stewart is the founder and director of Star Dynamic Property Investments, a company that's dedicated to helping Australians invest properties and get great high cash-flowing investments in the US property market. Starting out as an Import and Vehicle Logistics Manager of GM Holden in Port Melbourne, he has then discovered the vast potential of the property market in the US. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Do you truly believe that the only good properties are those near train stations? Even If you've never invested in property before, I'm sure you've heard property pundits make that remark when talking about good capital growth. But… That belief doesn't necessarily hold water. You see, the ability to move from one place to another and the time it takes to make that move DOES affect people's decisions in choosing where to live... But the key to making wise investment decisions is to understand not just what the current transport infrastructure is, but also what the future looks like… And how that will change the dynamics of a certain location. Today marks the second part of our ‘Hunting Hotspots' miniseries. We'll talk about how the transport infrastructure drives market growth… The three phases of growth in relation to transport infrastructure… How to mitigate risks and downsides in property investment... And so much more! See you on the inside! In this episode, we cover: What is transport infrastructure and what fallacy is revolving around it? [07:10] Transport infrastructure issues in big cities [8:23] Why traffic infrastructure is one of the biggest drivers of growth [09:18] Connectivity plays a huge role in an area's growth [10:12] There is no ‘one-size-fits-all solution' in transport infrastructure [14:09] Understanding the growth phases and knowing when to invest [15:08] There are always upsides and downsides in transport infrastructure projects [19:00] Overview of the next episode [25:24] Links from the show: Check out the first episode in this series: Before the Hotspot: Finding Locations Primed for Growth (link) Download our free resource on “How to Identify Real Estate Hotspots” (link) Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Did you know that websites are actually just “digital real estate” and you can invest in them much like you invest in “analog real estate”? Today, we're going to give you a crash course on “offline” and “online” real estate. We'll discuss and dissect the similarities and differences between them... how to apply the Holy Trinity principle to a different asset class... the true definition of success and fulfillment... and heaps more! We'll help you view the digital space from a whole new perspective and give you advice on deciding which one will best offer the business freedom you're looking for. See you on the inside! In this episode, we cover: Jaryd's entrepreneurial journey from travel blogging to selling online businesses [06:25] Similarities and differences between online and offline real estate [14:35] Why you should never manage your own offline property [16:31] The Holy Trinity principle and growth in an online real estate asset [21:16] The difference in the management style of online and offline real estate [26:40] Metrics from a yield and cash flow perspective in digital brokerage [28:34] Manufacturing growth by increasing revenue [31:40] The disadvantage of buying, holding, and flipping online real estate [34:53] Financing in buying online businesses [36:26] Jaryd's motivation for staying in the online business world [40:11] Diversification is a great business strategy to reduce risks [43:00] The definition of ‘success' and motivation [46:28] A piece of advice for aspiring online business owners [51:08] Links from the show: Buying Online Businesses Website (https://buyingonlinebusinesses.com) Buying Online Businesses Podcast (https://buyingonlinebusinesses.com/podcast/) Think Like A CEO podcast (https://podcasts.apple.com/us/podcast/think-like-a-ceo-with-gary-keller-jay-papasan/id1469980054) The One Thing by Gary Keller and Jay Papasan (https://www.amazon.com/ONE-Thing-Surprisingly-Extraordinary-Results/dp/1885167776) About Jaryd Krause Jaryd is an online business mentor & entrepreneur who helps people buy online businesses and websites and ultimately quit their job so they can have more business freedom. The knowledge and experience that he has gathered over the years are what catapulted him into becoming the successful entrepreneur that he is today. He also hosts his own show aptly named the ‘Buying Online Businesses Podcast'. Follow Jaryd on Facebook: https://www.facebook.com/JarydKrause1 Subscribe to him on Youtube: https://www.youtube.com/channel/UCQ3g6G2USlnq7EgnUsajTBw Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
Have you seen the news lately? It all sounds horrible, with bearish markets, dying economies, the virus... It seems like the world is coming to an end! But that's not really the case. If you find yourself gritting your teeth over the chilling news of increasing unemployment rates or the ‘crashing' property market, then this episode is made just for you. Today, we'll talk about consumer and business confidence indices… Tiptoeing around stock market volatility... Busting the myths about the property market predictions… And heaps more! We'll also help you make more informed decisions and how to better take care of yourself financially, spiritually and metaphysically during these times. Sit back, relax, put your prospecting hats on, and tune in to another jam-packed, engaging episode now! In this episode, we cover: What happened in Q2?! [07:52] The economy and the fiscal cliff [09:21] Mortgage holiday extensions and unemployment stimulus packages [11:27] Why consumer and business confidence index levels are going up [14:43] How Australia managed to maintain the triple-A credit rating [17:42] Is the unemployment rate really going to skyrocket? [19:16] Be cautious of the stock market volatility [21:12] The curious case of Hertz's Rent-A-Car [22:14] Property market temp check: Is it actually crashing? [24:15] Drivers behind the population shift [27:55] The property market is remaining strong despite speculations [29:11] Market drivers: low stock, property buoyancy, and the ‘first-time buyer' scheme [32:57] The market is exhibiting overt signs of health right now [34:51] Adapting and surviving in the new normal spiritually and metaphysically [36:26] Links from the show: The Secret Life of Real Estate Banking by Philip J. Anderson (https://www.amazon.com/Secret-Life-Real-Estate-Banking/dp/0856832634) Chasing Excellence by Ben Bergeron (https://www.amazon.com/Chasing-Excellence-Building-Fittest-Athletes/dp/1619617285) Email us & share your thoughts on the show! (hello@dashdot.com.au) Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
What does it take to make a (positive) dent in the world? Join our chat with Michael Lane from Success Resources where he shares his entrepreneurial journey, incredible insights on investing in businesses & challenging perspectives, and creating a strong vision that can keep you motivated even further down the line. Aspiring entrepreneur or not, you would greatly benefit from tuning in! In this episode, we cover: What is Success Resources and what do they offer? [04:52] Michael's decision to buy into the business & his learnings [08:10] Content marketing efforts in creating a successful business [10:52] The role failure played throughout his business journey [15:26] Don't think that you need to own 100% of ever deal - with good reason [17:24] As property investors, learn from people doing it on a massive scale [20:57] Continually challenge your perspectives & get mentors [22:20] Harmony, not balance - family life and business [23:46] Creating a strong vision that continuously pulls you forward [25:51] The mission to create an ROI of happiness as your legacy [29:12] Should you diversify your asset profile, or stay in your lane? [32:19] Property investing is a great way to build wealth over time [34:40] How do you know when it's the right time to enter another venture? [38:11] The best advice for an aspiring entrepreneur [40:43] Links from the show: Success Resource Australia (https://success-resources.com.au/) About Michael Michael Lane is a successful entrepreneur who has built a global business, helping entrepreneurs become successful by learning from successful entrepreneurs talking about success. His company is now the world's largest seminar provider in the business and entrepreneurship space. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in! See omnystudio.com/listener for privacy information.
What if you could locate a potential hotspot before it becomes one, then ride the curve upward when it does? Today, we're marking the start of a series on hotspots - locating them, the pros and cons, and more. We also give a brief insight on the investors' optimum buying window, what happens when hotspots become ‘too hot', and the 10 core drivers to assess an area's potential. There's much to learn, so if that sounds exciting, head on over to the episode and tune in! In this episode, we cover: What is a ‘hotspot' and how can you tell you're in one? [08:41] Pros and cons of Investing in a place that's already a hotspot [11:49] What happens when hotspots become ‘too hot' [14:01] The investors' optimum buying window [16:21] A tale of two cities: Darwin vs. Sydney markets [18:30] Timing your entry point into the market is crucial for growth & yield [21:53] A general discussion on finding hotspots [26:29] An overview of the 10 Core Drivers or categories to locating hotspots [28:53] Links From The Show: Send in your feedback - we'd love to hear from you! (goose@dashdot.com.au) Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity/) Dashdot Buyers Agents Website (https://www.dashdot.com.au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast with others you know will benefit from the show! See omnystudio.com/listener for privacy information.
Is ‘success' a measure of fulfillment, or is it also the other way around? Today, we have a chat with Geoff Jowett about finding one's purpose, the pillars that should motivate anyone's drive, steps to building resilience and a pathway to fulfillment, and so much more. So, if you think you've lost your passion and regularly compare yourself with others, this is an episode to get you back up and motivated. In this episode, we cover: Geoff's journey from hitting rock bottom to rebuilding his life [06:10] Success is a feeling, not a number. [09:38] Advice for people who feel limited and lacking [10:58] Don't get stuck with the ‘disease of more' and external validation [12:47] Determine your core purpose and what drives you [15:44] The Three Pillars: Hobbies, Purpose, and Love [17:14] Practical steps to building resilience & a pathway to fulfillment [20:50] Living modestly and being open to change [25:00] Most common characteristics of high-performance individuals [27:11] What makes real estate a beautiful business [33:02] Leaving a legacy by being a good person [36:16] Practical advice in getting a sense of fulfillment in life & business [40:56] About Geoff Geoff Jowett is the co-founder of both Bodytrim and Vision Personal Training Studios (Vision PT), each dedicated to transforming people's lives through health and fitness. He has received the Australian Personal Trainer of the Year Award and is a motivational speaker and a real estate coach who has helped CEOs and Real Estate businessmen achieve success. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity) Dashdot Buyers Agents Website (https://www.dashdot.com/au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast with others you know will benefit from this show! See omnystudio.com/listener for privacy information.
Have you ever heard about ‘Fractal Economics'? If not, now's the perfect time to get started. Join us as we talk about what it is, how it can hugely benefit property investors, and its contribution to speeding up the window for cash flow and growth. We also cover why debt is actually an asset and other important related insights. In this episode, we cover: Fractal economics as the universal law for powering portfolio growth [11:10] Understanding asset allocation [15:38] Fractals and what they have to do with property investing [20:02] The distinction between economics and fractal economics [23:12] Applying fractal economics to become self-similar at scale [24:29] Speeding up the ‘time window' for cash flow growth [31:27] Why most people don't use fractal economics [35:39] Different factors that contribute to faster growth & success [37:29] Debt is an asset, but you need a good mindset to manage it well [43:37] Closing thoughts on fractal economics [47:51] Links From The Show: Download the Fractal Economics graphic (LINK) Geek out on the fractal Mandelbrot Set (https://www.youtube.com/watch?v=ZQFwzyFsElA) Read ‘The Debt Millionaire' by George Antone (https://www.amazon.com.au/Debt-Millionaire-people-never-wealth-ebook/dp/B01FTY5YSE) Read Chapter 5 of Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Join The Real Estate Entrepreneurs Handbook (Module 2) training (https://theinvestorlab.com.au/jointhecommunity/) Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity/) Dashdot Buyers Agents Website (https://www.dashdot.com.au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast with others you know will benefit from the show! See omnystudio.com/listener for privacy information.
Sometimes, all it takes to break free from your corporate job is to get inspired by someone who's done it. Today, Henry Vila shares his 5-year property entrepreneurship story, the three key areas to help drive your learning journey, insights into building rooming houses as a strategy for better cashflow and growth, and heaps more. Whether you're starting to invest or looking for advanced strategies, this episode is for you! In this episode, we cover: Henry's journey from Venezuela to Australia [07:30] Making the jump from being a ‘corporate slave' to a property entrepreneur [11:37] How his self-belief and perception of risk affected the transition [17:37] The impact of Tony Robbins' business mastery events [23:40] The 3 key areas to drive your learning journey [28:24] Rooming houses is not for beginners in property investing [32:43] The move from simply buying houses to property development [36:29] The benefits of rooming houses [39:25] Financing and classification of rooming houses [41:24] Yields you can expect from rooming houses [48:14] Why building rooming houses isn't as popular as you'd expect [49:37] About Henry Henry Vila is the Managing Director of property developer, Stone Horizon. His personal and entrepreneurial journey is an inspiration to others ready to make the change. A proponent of building rooming houses, Henry seeks to teach more people about this advanced strategy to enable them to keep chasing their freedom. Visit Stone Horizon (http://www.stonehorizon.com.au/) Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity/) Dashdot Buyers Agents Website (https://www.dashdot.com.au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast with others you know will benefit from the show! See omnystudio.com/listener for privacy information.
Discipline is key to getting anything you want in life. Find out how to think and make better decisions as we talk about the different levels of discipline, how to apply it to real estate investing, how desire can inspire or corrupt discipline, and tactics to achieve the outcome you want. Start working on a disciplined life by tuning in to today's episode! In this episode, we cover: Why do we need to talk about discipline? [06:34] The role of discipline in life and success [08:14] Your environment affects how you develop discipline [12:08] Discipline is the highest of all values [15:52] Reach success by having the discipline to commit to what you're doing [17:09] What discipline is and what it isn't [21:57] Discipline affects all facets of your life [25:35] Applying discipline in property investing [30:33] External accountability can be both good and bad [36:50] Your discipline needs to be attached to the right desire [39:00] Discipline without purpose doesn't serve a function [43:31] The simple reason 90% of property investors fail [46:55] Tactics for cultivating the practice of discipline [48:51] Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity/) Dashdot Buyers Agents Website (https://www.dashdot.com.au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.as.me/discoverycall) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast with others you know will benefit from the show! See omnystudio.com/listener for privacy information.
What if you could own bits and pieces of real estate, rather than the whole thing? What if you could use those bits to diversify your portfolio to achieve better results, whilst securing it against bricks and mortar? Well, you can. Today, Bricklet's CEO, Darren Younger, shares everything about Bricklets, its contribution to opening more investment opportunities, its long-term viability, and more. In this episode, we cover: What is a Bricklet and how do you own one? [05:36] The background and fuel that sparked the idea of fragmented properties [06:46] How Bricklet works and its advantage over fractional investing [10:57] Investing opportunities through Brickletized properties [15:34] Earn money by selling a Bricklet of your home [17:30] Brickletizing bigger and commercial properties [18:51] Take inspiration from innovation [24:45] Is there a downside to buying Bricklets? [26:06] Why Bricklets could be priced differently from property values [28:09] The disparity between true value and property values of Bricklets [30:07] Bricklets open the door for investing in million-dollar commercial assets [32:40] Capturing property history through Blockchain technology [34:20] The long-term viability of the buying and selling of Bricklets [37:17] Improving credibility to attract more investors [38:15] Links from the Show: The Road Less Stupid by Keith Cunningham (https://www.amazon.com/Road-Less-Stupid-Keith-Cunningham/dp/0984659269) For property ownership in affordable fragments, check out Bricklet (https://bricklet.com.au/) About Darren Darren Younger is the CEO of Bricklet, a disruptive property tech innovation company in Australia. He's in charge of launching their platform so more Australians can enjoy the opportunities to invest in property and diversify their property investments. Bricklet allows people to own portions of a title by breaking up a property into smaller parts. Their idea changes the way people think about property investing and opens the possibility for more people to invest. Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity/) Dashdot Buyers Agents Website (https://www.dashdot.com.au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.com.au/discovery) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast with others you know will benefit from the show! See omnystudio.com/listener for privacy information.
A lot of people have probably never heard of psychographics and how it works hand-in-hand with demographics to go beyond the numbers, to paint a picture of WHY things and people move the way they do. We take a look at what psychographics is, why it's useful, and how you can leverage Psychographics to identify strong locations to invest, make your tenants happier and turn you into a better decision-maker. See you on the inside! In this episode, we cover: The etymology of demography & psychography and their differences [07:07] Emotions, not statistics, drive human behaviour [10:06] Is Psychographics more important than Demographics? [13:38] Gentrification contributes more to property price growth [17:11] A healthy economy is dictated by the speed money moves around [22:47] Mindset (confidence) dictates the health of the national economy [26:38] Look at both statistics and how people feel [29:52] Gauge how people want to live [34:53] Pay attention to what people want - they're not just statistics [40:43] Find out the “why” when people move to an area [44:03] Language in the media drives sentiment [47:09] Psychographics is a marketing skill [51:43] Links from the Show: Trading Economics Consumer Confidence (https://tradingeconomics.com/australia/consumer-confidence) Trading Economics Business Confidence (https://tradingeconomics.com/australia/business-confidence) Trading Economics Unemployment Rate (https://tradingeconomics.com/australia/unemployment-rate) Google Alerts (https://www.google.com.au/alerts) Connect With Us: The Investor Lab Membership (https://theinvestorlab.com.au/jointhecommunity/) Dashdot Buyers Agents Website (https://www.dashdot.com.au/) Limitless: The Renegade's Guide to Building Wealth Through Property - Goose McGrath (https://www.renegadespropertybook.com) Ready to work with us directly? (https://dashdot.com.au/discovery) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast with others you know will benefit from the show! See omnystudio.com/listener for privacy information.
The phrase “making money” often gets a bad rap for its unethical connotation. Today, we're looking at it in a positive light. Join our conversation with Caspar Roxburgh, author of the Binge Thinking Podcast. Full of tips on having a good mindset on life, advice on earning & spending ethically as millennials, and acting on your goals, this episode is not one to miss. Tune in and get the advice you need to start living better. In this episode, we cover: Approaching the dichotomy of age and time (without knowing the future) [07:30] Fear leads to avoidance of long-term thinking [11:52] Get real to combat the negative narrative we've been conditioned to believe [14:35] You can make money ethically [18:02] Recognise the game you're living in [23:05] Being ethical isn't about giving away all your money [23:39] Making the decision to invest and work with buyer agents [25:24] Measuring success and thinking long-term [30:26] Climate change as a key factor in finding the right property [32:55] Tips to develop your mindset and stay consistent [35:26] Develop a conscious, aware, self-examined life [38:23] Finding inspiration in family, work, and philosophy [40:47] Acting on your goals & vision as the endpoint of property investing [42:18] Links from the show: Good to Great by Jim Collins (https://www.jimcollins.com/article_topics/articles/good-to-great.html) About Our Guest: Caspar Roxburgh is a scientist, researcher, app developer, storyteller, podcast author, and world music DJ. A deep thinker, Caspar possesses a unique perspective on millennial psychology based on what he does and what he's been doing the past few years. He is currently a Research & Storytelling Director, which involves designing, managing, and reporting on scientific research for governments, NGOs and the private industry. He also works on producing photography, prose, film, audio and overarching communications strategies for programs that are changing the world. You can reach out to Caspar on the Binge Thinking Podcast or on Facebook, Twitter, and Instagram. Listen to their latest episode featuring TIL's co-host, Gabi Billing (https://bingethinkingpodcast.com/episodes/61-property-investment) Listen to one of their first episodes with Goose McGrath about music festivals (https://bingethinkingpodcast.com/episodes/2017/4/4/episode-7-goose-mcgrath) Connect With Us: The Investor Lab Website (https://theinvestorlab.com.au) The Investor Lab on Facebook (https://www.facebook.com/groups/theinvestorlab/) Dashdot Buyers Agents Website (https://www.dashdot.com.au/) Limitless: The Renegade's Guide to Building Wealth Through Property (https://www.renegadespropertybook.com) If you need help, hit us up at Dashdot Buyers Agents (https://dashdot.info/application) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast with others you know will benefit from the show! See omnystudio.com/listener for privacy information.
Vacancy rates matter in property investing, but it's often overlooked and undervalued. Join us today as we engage in a scintillating conversation on vacancy rates. We go through buyer psychology, future growth indicators, the impact of the Coronavirus, and more. How well do you understand this misunderstood metric? Tune in to learn more. In this episode, we cover: The disparity in vacancy rates tell us about supply and demand [07:40] A 3% vacancy rate is good, but 1% is a crisis [10:09] Vacancy rates determine whether it's a landlord's or renter's market [14:06] Population is not the sole factor affecting demand [18:21] Lower returns lead to property devaluation [24:52] Banks class areas based on their risk profile [27:37] Vacancy rates as an indicator of capital growth [29:42] Indicators to look for that shows supply is reaching an equilibrium [36:46] The role of the government in managing vacancy rates [41:14] Psychographics: People's desire dictate where they spend [48:16] Invest in an area based on what it is becoming [50:26] Increase your value proposition to retain customers [51:10] snippet Tenant retention is a good selling point [57:38] Periods of vacancy is part of the long-term game [1:00:26] Links from the Show SQM Research on Vacancies (sqmresearch.com.au/vacancy) Connect With Us: The Investor Lab Website (https://theinvestorlab.com.au) The Investor Lab on Facebook (https://www.facebook.com/groups/theinvestorlab/) Dashdot Buyers Agents Website (https://www.dashdot.com.au/) Limitless: The Renegade's Guide to Building Wealth Through Property (https://www.renegadespropertybook.com) If you need help, hit us up at Dashdot Buyers Agents (https://dashdot.info/application) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast with others you know will benefit from the show! See omnystudio.com/listener for privacy information.
Real estate investing goes beyond borders. For today's episode, we're going to look at the New Zealand property market. Together with Hadley Nightingale, we go over location selection, building a team, strategies that work wherever you are, and plenty more. Investing in New Zealand could be your next property deal. Find out more by tuning in! In this episode, we cover: Maize farming and his real estate journey [06:54] Going back to real estate after attending a Robert Kiyosaki event [18:43] Leaving the ‘Drama Triangle' to show up and do the work [21:08] Turning a mouldy house into a rent-by-room goldmine [23:33] The advantage of getting unemotional, objective opinions [28:59] Shifting from apartment blocks to investing in duplexes [30:12] Why he focuses on cash flow and not growth [32:16] Purchasing properties they can add value to [34:20] No expected property boom despite removal of loan to value restrictions [35:24] There are buying opportunities but the economy is uncertain [38:08] Advice for people looking to buy properties right now [39:25] Three reasons Australians invest in New Zealand [40:25] Comparing NZ and AU: net cash flow and property management rates [42:07] Preparing for the global demand for chicken [45:32] Always work with the right team and get solid advice [47:07] snippet Links from the show: The Drama Triangle (https://karpmandramatriangle.com/dt_article_only.html) About Our Guest: Hadley Nightingale is a specialist property buyer from New Zealand. He has worked in the agriculture industry and spent 8 years working in the transport and mining industries in Australia before moving back to New Zealand. You can contact Hadley on Facebook. Email Hadley at hadley@newzealandpropertybuyers.com Connect With Us: The Investor Lab Website (https://theinvestorlab.com.au) The Investor Lab on Facebook (https://www.facebook.com/groups/theinvestorlab/) Dashdot Buyers Agents Website (https://www.dashdot.com.au/) Limitless: The Renegade's Guide to Building Wealth Through Property (https://www.renegadespropertybook.com) If you need help, hit us up at Dashdot Buyers Agents (https://dashdot.info/application) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast with others you know will benefit from the show! See omnystudio.com/listener for privacy information.
Overlooking something simple could lead to you making irreparable mistakes to your portfolio and real estate journey. In this episode, we talk about reverse engineering your financial goals. We dig into the strategies you need to deploy, the 4 framework points for defining your goal, what levers to pull, and other neat tips. Start thinking differently and operate more powerfully. Tune in now! In this episode, we cover: The 4 key parts to reverse engineering your financial freedom [04:53] Start with the end in mind [05:40] The ‘Financially Independent Retire Early' (F.I.R.E.) Movement [07:20] Defining your bare minimum (freedom versus luxury) [09:50] Think of what your future self wants and superimpose into the future [11:23] Real estate is still a safer choice for the long-run [12:52] Aim for cash flow growth [13:52] Trick to computing how many properties to buy [17:00] The Apex Regression: What other levers can you pull? [19:09] Maximizing the yield on your portfolio [21:22] Optimization leads to getting more with less [23:44] Create the right ecosystem to get the right results [24:47] The point is to understand what you're trying to achieve [26:30] Connect With Us: The Investor Lab Website (https://theinvestorlab.com.au) The Investor Lab on Facebook (https://www.facebook.com/groups/theinvestorlab/) Dashdot Buyers Agents Website (https://www.dashdot.com.au/) Limitless: The Renegade's Guide to Building Wealth Through Property (https://www.renegadespropertybook.com) If you need help, hit us up at Dashdot Buyers Agents (https://dashdot.info/application) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast with others you know will benefit from the show! See omnystudio.com/listener for privacy information.
Real estate goes through cycles. When you're in the industry, you should be here for the long term. Wiseberry Heritage's Darin Butcher is with us today for a conversation on life as a sales agent, practicing high performance leadership, setting 25-year goal plans and so much more. Get inspired to keep moving forward in your real estate journey as you learn from this impactful episode. In this episode, we cover: Leadership affects how great your people will (and can) be [10:44] The start of Darin's real estate journey & portfolio [13:48] Changing to a positive cash flow strategy [17:15] Growing and mentoring others to become leaders [21:01] Biggest lessons on leadership and running a business [24:31] Stay ahead of the game by investing in personal development [25:45] High-performance tips & the 25-year plan [26:38] Avoid trial and error and get a mentor [28:48] Navigating the real estate market at present times [31:43] Buy the value proposition that's in line with your strategy [38:04] The Central Coast market after the Coronavirus [39:43] Stamp duty and New South Wales property prices [44:12] Make ‘true money' by looking long-term [46:04] Take the opportunity when you see it [50:12] Links from the show: Black Belt of The Mind by Dr. Fred Grosse (https://www.drfredgrosse.com/shop/) About Our Guest: Darin Butcher is from Wiseberry Heritage, a real estate agency on the Central Coast of New South Wales in Australia. He is a sought-after real estate professional in the country as well as an entrepreneur, investor, and developer. You can contact Darin at his mobile number 414-920-949 or on his Facebook. Wiseberry Heritage Real Estate (https://wiseberry.com.au/) Connect With Us: The Investor Lab Website (https://theinvestorlab.com.au) The Investor Lab on Facebook (https://www.facebook.com/groups/theinvestorlab/) Dashdot Buyers Agents Website (https://www.dashdot.com.au/) Limitless: The Renegade's Guide to Building Wealth Through Property (https://www.renegadespropertybook.com) If you need help, hit us up at Dashdot Buyers Agents (https://dashdot.info/application) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast with others you know will benefit from the show! See omnystudio.com/listener for privacy information.
Becoming a real estate entrepreneur sounds like a dream, but it's important to know what you're getting yourself into before jumping in. Today, we talk about the difference between property investors and real estate entrepreneurs and also identify the 10 key elements that will help you map out your journey. This episode aims to give you a different perspective on real estate entrepreneurship, while giving you the tools to start or move forward. In this episode, we cover: The Entrepreneur's mindset combines vision, passion, and grit [05:50] Think for yourself and don't rely on just any data that's out there [09:37] First Element: A mission statement is like your North Star [15:51] Second Element: Start with your vision of the future [20:36] Third Element: Your principles and values [23:50] Fourth Element: Have a business plan [27:51] Fifth Element: Objectives & Key Results (OKRs) [35:13] Sixth Element: Get the right team on your bus [37:05] Seventh Element: Leadership your team to the championships [43:21] Eight Element: Get more opportunities through marketing [47:09] Ninth Element: Innovation is the cornerstone of any success [53:50] Tenth Element: Know your numbers and make them work [56:26] Links from the show: Limitless: The Renegade's Guide to Building Wealth Through Property (https://www.renegadespropertybook.com) Connect with us: The Investor Lab Website (https://theinvestorlab.com.au) The Investor Lab on Facebook (https://www.facebook.com/groups/theinvestorlab/) Dashdot Buyers Agents Website (https://www.dashdot.com.au/) If you need help, hit us up at Dashdot Buyers Agents (https://dashdot.info/application) Send us your thoughts and feedback (hello@dashdot.com.au) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast with others you know will benefit from the show! See omnystudio.com/listener for privacy information.
Property investing is not without its own stresses. You have to think about increasing cash flow, mitigating risk, and managing your properties overall. Today, we have Mark Trowell from Yabonza. He and I go through the strategies in property management, how to optimize your portfolio, and some insights on how to navigate this space following the impact of the Coronavirus. Take in these massively valuable insights on property investing by tuning in now! In this episode, we cover: The Start of Yabonza: Combining property and technology [03:47] Automating processes to benefit tenants & landlords [06:07] 2 Vectors of Entrepreneurial Leadership: Visionary and Integrator [09:55] Mark's driving force for Yabonza's vision [11:11] Communication and transparency are paramount in any stressful event [16:49] Property investing is a long-term game [19:52] Negativity in the media is on overload [23:53] Building a low-risk portfolio: Yield, capital growth, and diversification [26:01] Supply, demand, and affordability affect property prices [31:33] Regional areas are stronger than capital cities [34:48] Property investing is not about chasing discounts [38:07] How can landlords increase their cash flow (and reduce risk)? [40:12] Advice for those looking to invest in properties [46:40] Understand your why to know the next step in investing [49:45] Links from the show: Get 3 months Free Property Management at Yabonza (https://info.yabonza.com/dashdot) Limitless: The Renegade's Guide to Building Wealth Through Property (https://www.renegadespropertybook.com) About Our Guest: Mark Trowell is the CEO of Yabonza, the fastest growing and most disruptive property management company in Australia. He worked on real estate technology at Macquarie Bank where they find efficiencies to provide a great experience for their clients. From there, he took the leap to start Yabonza. Connect with us: The Investor Lab Website (https://theinvestorlab.com.au) The Investor Lab on Facebook (https://www.facebook.com/groups/theinvestorlab/) Dashdot Buyers Agents Website (https://www.dashdot.com.au/) If you need help, hit us up at Dashdot Buyers Agents (https://dashdot.info/application) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast with others you know will benefit from the show! See omnystudio.com/listener for privacy information.
“Get Rich” schemes are risky, but unlocking a life of freedom, choice, and abundance is 100% possible. Find out if you've created a safe, robust, profitable, and repeatable portfolio in this episode! We cover some interesting facts learned from following three principles, which we're breaking down today. Strap in and learn how to play the long game and achieve low risk, high return success. In this episode, we cover: The 2 types of people in the market [06:43] The three states of the market [07:52] Real estate opportunities in a buyer's market [10:07] Stick to your core investing strategy (what to take advantage of) [15:37] The property market isn't a quick, “get rich” scheme [19:26] The First Principle: Focus on net-positive cash flow [22:31] segmented snippets? The Second Principle: High growth and choosing the right area [31:33] The Third Principle: Have multiple exit strategies (or add value) [37:11] ‘The Holy Trinity' is a set of principles, not tactics [40:17] Links from the show: Get 3 months Free Property Management at Yabonza (https://yabonza.com/) Limitless: The Renegade's Guide to Building Wealth Through Property (https://www.renegadespropertybook.com) Connect with us: The Investor Lab Website (https://theinvestorlab.com.au) The Investor Lab on Facebook (https://www.facebook.com/groups/theinvestorlab/) Dashdot Buyers Agents Website (https://www.dashdot.com.au/) If you need help, hit us up at Dashdot Buyers Agents ( https://dashdot.info/application) If you liked this episode, please don't forget to subscribe, tune in, and share this podcast with others you know will benefit from the show! See omnystudio.com/listener for privacy information.
Resource Links: The Investor Lab Website (https://theinvestorlab.com.au) The Investor Lab on Facebook (https://www.facebook.com/groups/theinvestorlab/) Dashdot Buyers Agents Website (https://www.dashdot.com.au/) Limitless: The Renegade's Guide to Building Wealth Through Property (https://www.renegadespropertybook.com) If you need help, hit us up at Dashdot Buyers Agents ( https://dashdot.info/application) For easy to read, independent information on the best places to invest in, check out Hotspotting (https://www.hotspotting.com.au/) News headlines are misleading and dishonest at times, so it's hard to weed out the actual data on the ground. Without understanding the fundamentals, it's easy to fall with the herd. Today, Terry Ryder of Hotspotting teaches us how to invest confidently in any economic environment. We unpack a ton of insights about buying properties, locating hotspots, and other valuable information. Look past the headlines and take your property investing to the next step by tuning in now! Episode Highlights: News headlines are misleading and at times, dishonest [05:48] Fact-based journalism replaced by clickbait, sensational negativity [08:42] Real estate is resilient despite what media says [11:38] Mortgage freezes are not as prevalent [14:57] The simple formula for deciding where to buy properties [20:08] The strong elements of finding a property hotspot [24:47] Looking at regional areas vs. capital areas [27:08] Infrastructure spending is the clue to finding future hotspots [34:07] A-grade doesn't mean expensive: Blue chip or blue collar? [38:27] How Adelaide became the new ‘Silicon Valley of Australia' [41:44] Will a decentralized workforce drive the decentralized growth of cities? [44:41] Cash flow vs. capital growth in building a property portfolio [47:49] The herd mentality is bad for property investment [51:00] You have to spend money to make money [52:29] Fundamentals of Real Estate don't change regardless of election outcome [57:54] About Our Guest: Terry Ryder is one of Australia's most respected property commentators. Having been in the industry for 35 years, he brings extremely deep insights into how to invest safely in our property market. He's been successful at looking at facts to identify the best markets to invest in the country regardless of whatever price point or strategy you have. If you liked this episode, please don't forget to subscribe, tune in, and share this podcast with others you know will benefit from the show! See omnystudio.com/listener for privacy information.