Podcast appearances and mentions of sam saggers

In this episode of Wealth Coffee Chat, Sam Saggers from Positive Real Estate discusses the current state of the real estate market, focusing on the property cycle, economic indicators, and the dynamics of belief versus value in property investment. Sam walks us through the importance of understanding employment rates, inflation, and supply issues in the housing market, while also exploring future trends and potential price increases in real estate. How much do you know about the property cycle? Let's Wealth Coffee Chat!

In today's Live, let's hear from Sam Saggers on the concept of investment selection in real estate. He introduces his four quadrant property investment selection system, which includes capital preservation, growth, yield, and tax considerations. He also highlights the significance of growth in creating wealth through property and the role of yield and tax benefits in the investment selection process. Let's Wealth Coffee Chat!

Wealth Coffee Chats welcomes along Sam Saggers, Director at Positive Real Estate and head of property research for the Positive Group. In this video Sam meticulously takes us through Australia's shifting demographics and why growing your property portfolio alongside Australia's Millennial demographic is a wise investment for the future. Why? Let's Wealth Coffee Chat!

#232 People have their own concepts and opinions about money, riches and wealth. Early perceptions come from observations of parents' relationships to money. In school years, folks learn to mentally separate the “rich kids” from the “not-so-rich,” all while measuring where they fit into the picture. The media continues to feed our concepts of wealth and money by endlessly focusing on that which divides our society, whether in terms of politics or economics. Being too wealthy equates to being out of touch; being too poor equates to wanting a free handout. Both camps are missing the point. The terms money and wealth may appear to mean the same thing. But while many people emphasize the importance of having an abundance of money, few understand the meaning of true wealth. Wealth is a state of mind. Wealthy people always have enough. In this episode, Jason Whitton, the CEO of Positive Real Estate Group, will help us understand that true wealth is having a sense of abundance, one that we experience rather than possess. Obviously, having enough money to provide a roof over our heads, secure sufficient food and clothing and other basic essentials, and raise healthy and happy families frees us from a lot of anxiety.  What Jason considers as wealth has nothing to do with money. He says seeking true wealth may mean seeking deeper relationships, more personal growth, or ways to create more meaning in life. A list of true wealth assets would likely include family, friends, education, talents, experience, connection to community, self-esteem, the ability to help others, and good health (with some luck and good sense). All of these wealth assets contribute to an overall personal sense of well-being. It also includes the ability to earn more money and use some of that money to positively impact the world. Enjoy the conversation. About Jason: From a small town boy growing up in the remote outback of rural Queensland, to becoming the founder of Australasia's most powerful property wealth creation engine – Positive Real Estate Group CEO Jason Whitton is on a mission to change the way we look at wealth. With over 20 years' experience in the real estate industry, in which his company has closed over 10,000 property deals, coached 7500 clients, and generated a combined property clientele equity of over 5.1 billion dollars – Jason has never been more dedicated to sharing his knowledge and wisdom to help people on their path to wealth creation. However, the father-of-three, and husband to beautiful wife Shay Whitton, never set out to achieve real estate dominance or teach wealth strategy. In fact, it wasn't until Jason had been in the Australian Airforce and then pursued his dream of becoming a teacher, that he stumbled upon real estate as a potent formula for financial growth after he read Robert Kiyosaki's book Rich Dad Poor Dad. Jason became fascinated with its powerful, yet straight-forward concepts around wealth creation, and decided to leave the safety of his stable teaching job to pursue a more ambitious career in real estate. The stakes were high, the road was rocky, and the journey did not unfold without risks and some pretty hefty pitfalls. From learning the ropes as a self-made buyer's agent, to immersing himself in property development, to business deals gone bad. There were losses but most importantly, there was learning. And for someone who has spent at least half-a-million-dollars in personal development, those lessons for Jason have been invaluable. In fact, they ultimately enabled the entrepreneur, along with Shay, Sam Saggers and their business partners and team of leading property experts, to revolutionise the real estate education industry, and transform thousands of people's perception of what they thought was possible for their own ability to create long-lasting wealth. In 2003 Positive Real Estate was born, and now the company operates across three countries in Australia, New Zealand and Manilla, managing a group portfolio of brands that includes property management, finance, real estate sales and of course, Jason's first love – education. Still central to his core DNA, teaching is at the heart of what Jason loves to do, and now he spends much of his time mentoring his team leaders to help their teams and clients succeed. This passion for teaching has transpired in many ways throughout Jason's life, with the property guru responsible for building 17 schools across Nepal, Vietnam, Laos and Fiji where 6000 kids get to go to school and receive an education every day. As a busy family man who runs a diverse network of thriving businesses, Jason is now setting out on another adventurous undertaking – The Wealth Faculty. In this ground-breaking and inspiring podcast series, Jason embarks on a journey to discover the true meaning of wealth, by interviewing world-renowned leaders and wealth champions who have achieved extraordinary levels of abundance. Some of whom are the very experts and advisors that have impacted and contributed to Jason's success as a property investor and coach. Key Points Discussed:  Understanding Our Relationship with Money, Abundance & True Wealth (00:00) Helping people tranform their relationship with their future wealth. (00:48) Understanding what true wealth really is. (02:15) How your relationship with money affects your entire life. (12:40) Jason's life from age 0 to 7, and how it led to him being who he is now. (15:52) Staying grounded despite the demands of his successful entrepreneurial career. (22:15) Bouncing back from hard times during the global financial crisis. (26:01) Making the challenges you face mean something better. (32:47) Journey into the Soul: Exploring the Ayahuasca Experience. (36:47) Why choosing to put yourself under pressure is so powerful. (45:01) Daily health habits that will change your life. (50:20) The number one key to happiness. (56:02) How to really get ahead with money. (58:10) Mentioned in this episode: Biology of Belief By Bruce Lipton Rich Dad, Poor Dad By Robert Kiyosaki How to Contact Jason Whitton: LinkedIn - www.linkedin.com/in/mortgage-lead-generator-and-coach Facebook - www.facebook.com/JasonWhittonPRE Website - positiverealestate.com.au YouTube - www.youtube.com/channel/UCy3jS-cPyuqvZvugiWnhXlw   About me:My Instagram: www.instagram.com/guyhlawrence/?hl=en Guy's websites:www.guylawrence.com.au www.liveinflow.co

On today's episode I have the good fortune of interviewing my dear friend and business partner for the past 18 years, Sam Saggers. Without doubt one of our country's brightest minds when it comes to real estate investing, Sam's backstory and eventual “rags to riches” ascendence is truly inspiring.  After today's episode, do yourself a favour - if you haven't already - and listen to Sam's podcast the Urban Property Investor. It's the podcast the experts listen to - and savvy investors.    Today we discuss -  3:45 - Sam has tied the knot! 5:50 - Living the Rich Dad Poor Dad life 8:00 - My mum and dad got around in this shitty car ... 9:00 - Sam spent time in “The Bachelor” palace growing up 11:00 - Applying to attend Riverview - the feeling of “instant failure” 17:30 - Financial lessons from parents 22:15 - Money and Happiness 31:00 - Side Hustles 36:30 - The story of success so far 41:00 - Being a guest lecturer at Sydney University 43:30 - The Future of Real Estate 49:00 - Sam's Purpose in LIfe 54:00 - Sam's True Meaning of Wealth   If you've loved this episode, I would love it if you gave it a 5-star RATING in the Apple Podcasts app :) If you're feeling really generous, a review is always appreciated! If you're yet to subscribe, you can do so on your favourite platform - Spotify https://pre.fyi/twf-spotify Apple https://pre.fyi/twf-apple Google https://pre.fyi/twf-google Youtube https://pre.fyi/twf-youtube Take care,  Jason

Well, good morning, everybody. Welcome to another coffee and a chat. Jason here. Wandering up to the office this morning, so thought I'd quickly do the intros as I... Oh, look at this, I've got, I've got a couple of ducks in my pool. How cool is that? Anyway, what a wonderful morning. Morning, everybody. Morning Allen. Good to see you. Hey, welcome along to another coffee and a chat. I thought we'd just do a little bit of an outside chat today as we go along. I'm free-handing this. I'm free-handing my phone this morning, so we'll see how we're going. But hopefully everyone's well. Hopefully you can hear me. Morning, Belinda. Everything's doing okay, but hey listen, welcome along those who jumped on right now for the live. If you're joining for the first time, Jason Whitton's my name. Property investing 20 years. Coaching property investors across Australia and New Zealand for over 18 years. And each morning we get together, have a little coffee and a chat around about eight o'clock just quickly talk about the world of investing. The world in general, really sometimes, about keeping the momentum going as a property investor because this gig that we call property investing is a marathon, not a sprint. It's about going the distance as a property investor and making it happen. So this morning, I thought I'd talk about the concept compared to what. And I get this question all the time, "Do you think this is a good property? Ah, do you think I should buy this house? Do you think I should buy this land? Do you think I should buy this apartment? Do you think I should buy this... Is this property any good?" And that question in itself is impossible to answer because you're not giving me a compared to what. A compared to what and what do you want it to do. As a property investor, we're always analyzing and considering the things that we're purchasing. Why am I buying this one? Well, you should be anyway, if you're not. But a really good question to have on the tip of your mind, on the tip of your tongue, every time you're analyzing a property: compared to what? Compared to the average property, compared to another property in another city, compared to, compared to, compared to. And it gives you the opportunity to analyze and rationalize when you make decisions. Now, some of these questions I find all the time are things like this, okay? Oh, I got asked this one the other day. "Do think Bendigo in Victoria is a good place to invest? I can buy myself a nice brand new house out there for $489,000." And I'm like, "Well, compared to what? Compared to where?" And then we did a bit of analysis. We did an analysis, so compared to what? What are you getting out of that property? Well, you're getting a sub $500,000 brand new house, fine. The location, eh, it's regional. It's not necessarily strong. I don't think that I'd put my money there. And then you say, "Well, what are the rents? And what's the future growth possibilities? And what is the infrastructure possibilities of that location?" And then you compare it to, for example, I'll give it in a comparison that I used, compared to you can buy the same property, the same size, the same price, the same construction of that house, you can buy that in Brisbane, in part of Brisbane. So, Bendigo is a city of 150,000 people, Brisbane's a city of 1.6 million people. Ah, okay. Compared to what? It's a really powerful question, gang, compared to what? So, you'd buy a property in Bendigo or you buy a property in Brisbane? And the comparison, 150,000 people, 1.6 million people. All right, well, now I'm listening. Infrastructure. The Brisbane City has over $6 billion worth of infrastructure projects planned and underway. So, massive amounts of infrastructure. Job growth and property growth. Income growth in that city, absolutely golden. Plenty of opportunity for incomes and values to increase in somewhere like Brisbane. And the population will blow up and explode and be amazing, compared to Bendigo where when are they going to spend $6 billion in Bendigo? They're not, it's not going to happen. Sure it might be a nice regional town. It might be a great place to live personally, however, compared to, compared to what? Compared to Brisbane, nah, wouldn't do it. Let's do another compared to. Let's say compared to Melbourne or compared to Sydney. And then I said, "Well, you're going to Bendigo 'cause you want a house, well, let's compare this, let's compare the same price, $480,000. I can get you a one bedroom apartment five kilometers from the CBD in Melbourne. Let's compare that for the future." Melbourne is the most lived in city in any state, 75% of the population of Victoria live in Melbourne, which is pretty cool. Incomes other than the Corona issues just recently the strongest economy in Australia. And it will be the strongest economy in Australia again. On track to be the largest population, largest city in Australia. And the biggest infrastructure projects ever in Australia's history being launched and were launched prior to COVID in Melbourne. So, compared to what? Compared to a one bedroom apartment. For proximity and location, absolutely worlds apart. Now, this is where a lot of people get challenged. "Oh, a one bedroom apartment, doesn't go up in value." And that's true in comparison to houses, they don't grow as much, but the rents grow significantly in one bedroom apartments. They can be furnished and you can really get a far higher rental deal out of them. Now, I'm not telling you to buy a one bedroom apartment. What I'm saying today in the coffee conversation, the coffee and a chat, is you've got to ask yourself this, compared to what? What is the outcome? What is the thing that I'm trying to get? Because capital growth, the obsession with capital growth, gang, I've said this numerous times, the obsession with capital growth is a vanity metric, it's vain, it makes you feel good. You don't bloody use it, all right? You can't use capital growth to live off. You can't take it out and pay the bills. And if you do, you're stupid, right? 'Cause that's not the point. You don't use your capital growth to live off. You use that capital growth to recycle your equity, to buy another deposit. All right, that's what you do. And the moment that property has given you back your money, if you put $80,000 into property and it grows enough in value to give you that $80,000 back, gang, once it's given you back your capital, you now have an infinity return. Let me say that again. An infinity return on that property, because the amount of money that you have in that property is zero, zero, zip, . None, nothing. It's fully 100% totally self-funded. And I don't care what property you own at that point, whether it's a one bedroom apartment or a four-bedroom house, who bloody cares? The property is completely self-sustainable. It has returned its capital to you, and now you own a property for nothing. And into the future, it will grow in value, you can use tax deductions, you can get income from it, okay? Concentrating on capital growth is vanity, and it will actually ruin your experience as a property investor. Now, it is important, don't get me wrong. Don't get me wrong, you want your properties to grow in value. You want your properties to give you your deposit back. But if you measure your success as a property investor by the capital growth of your portfolio you will be 99% of the time solely disappointed because capital growth is not a linear process. And some days it's good and some days it's not. Every single property in the whole entire of Australia has gone up in value at some point and gone down in value at some point. They have, right? Growth is not like it goes up and never goes back down. And if you ever bloody jump on Onthehouse or RP Data or whatever, and you try and check your property values like you check the stock market, it's bloody insane. So, a really good question as a property investor, gang, is compared to what? Compared to what and what am I trying to achieve, okay? At the end of the day, in my world it's about momentum and acquisition as fast as possible, okay? If you can purchase your properties in five to seven years, rather than seven to 10, then get on with it, crack on. And that, that for you as a property investor it's about momentum. There you go, that's the way Alison, that is exactly right. The property has given you back your capital. It's done its job. Now, stop treating it unfairly. Once the property has given you the capital back, then leave it alone and let it run. And if it doesn't give you your capital back, it's probably a piece of shit, ditch it, move on, all right? Like sometimes, listen I've bought some rubbish properties, and sometimes you just got to take that one on the chin and move on. These days, ... And to be honest, I did that when I was chasing things like cashflow was the only important thing and all that sort of stuff and it led me down some fool's gold paths. These days, I believe our coaching and our property acquisition and strategies are so robust in comparison to 15 years ago. So anyway, gang. So gang, hopefully that made sense this morning. Compared to what? And it's never been easier to compare across different markets, but the fundamentals are always true. Where is the strength of jobs? Where is the strength of incomes? Where is the strengths of infrastructure and future growth of that location? Because I certainly wouldn't encourage anyone to buy a substandard location that longterm is going to be quite weak, because really at the end of the day, we're going to live off our rents. Our rents are the things that we're going to live off and the cities are going to have more ability to produce higher rents and more consistent rent than other locations, okay? That's just the way it's going to be. That's just the way it's going to be. And ultimately, if you do want your properties to have some pretty consistent growth, then the right locations in the cities are going to be far more powerful than regional locations. And there's a few caveats like the Byrons and the Noosas and those sort of extensions of the cities, they're the cities' holiday locations, but they're a bit volatile as well. Probably overpriced to be honest. But yeah, let's stick with the straighty-180 stuff and build a good property portfolio. Anyway, gang, there it is, compared to what? Good question to ask. Hopefully, everyone is awesome and having a great day. Already off to a cracking start. Always start the day with a nice coffee and a chat, and I really enjoy having a yarn to you guys. So, great to have everyone on. If there's something you guys want to ask or you've got a question, chuck it in the chat and I'll have a bit of a look later on and I can maybe talk about that tomorrow with another coffee and a chat. Have an awesome day, enjoy the rest of it. The start of it, the best of it, whatever it might be and join me tomorrow for another coffee and a chat. Hey, listen, my podcast, my interview with Trevor Hendy dropped yesterday, which is pretty cool. So, crack onto that one, track it down. Give us a rating and a star and a whatever. So, love you guys to do that. And Sam, my business partner, Sam Saggers, the best property investor in the country. He is an absolute genius. His podcast drops on Wednesday, which is tomorrow. So track that one down, which is awesome as well, gang. So, both on iTunes. His is called The Urban Property Investor. Mine's called The Wealth Faculty. Love it if you give it a listen, give it a rating, give it a thumbs up, give it a comment, whatever it might be on the iTunes. All right, gang, have an awesome day. I'm off, I'm done and dusted, coffee and a chat done. You guys be awesome and join me tomorrow for another coffee and a chat. Adios.  

Good morning, everybody. Morning, morning, Jason here. Welcome to another coffee and a chat this morning. I thought, my office, my studio was all set up tonight. I dunno if you can see it here, I've got my mentoring on tonight where we sit down with our team from Positive Mentoring Program. That's my studio behind you. All around, anyway I'll give you a bit of a tour. Morning Ellison. There's everything set up for this evening. If you can see it anyway, it's not a very good tour. Oh, the cameras, lights, action for this evening. But great to see everyone jumping on this morning. Good morning. Marvelous Monday it is. I thought we'd go outside this morning anyway, because my studio is all set up for something else. So we'll sort of pop out. So it's a beautiful day anyway, but for those who are joining for the first time, Jason Whitton's my name. Property investing 20 years, coaching property investors over 18 with my business partner, Sam Saggers, my life partner, Shay Whitton. We've been running Positive Real Estate for that period of time. There's my office up there, actually. If you guys can see, I've got a little office, which is pretty sweet. I live on an acre, not far from the house. So I get to go to the office every day, work from home, but I still get to work from an office. It's kind of nice. So then anyway, I love it. So I thought we'd go outside this morning because absolutely gorgeous outside today. But welcome along for those who are joining me for the first time and those who are coming back, fabulous to see you again. Each morning, get together with everybody. Just talk about property investing. Being like I said, been property investing over 20 years myself and share a little bit of wisdom each morning over a coffee and a chat. So great to see everyone here, a few chats coming through, which is awesome. So give us a shout out if you've got any questions, but this morning I was going to talk about what's it going to take to buy that next property? Because we're all building our property portfolio and often getting started is actually fairly straightforward. You know, you've already got some resources in play. You've already got some income in play. You've already got some deposits or some equity or some cash that you can use, but once they're used, once they're invested, once you've got your deposits, your initial deposits, let's say it's 100, you know, 150 grand. Thanks Carolyn. Let's say your income is, you know, maximized for the servicing. Well, what next for you? What next? And that's what I thought we'd talk about this morning. Two parts to this process that we need to understand about what's it going to take to buy the next property? Number one, actually the easiest one, is where you're going to get the next deposit from? Okay? Unless you've been strewing cash under the mattress for ever and a day, you know, your deposit is going to come most times from two places, okay? Number one, the equity growth in the properties that you already have. Your properties growing in value over and above a certain loan to value ratio. Grow in value and they create the next deposits for you, your own home, your investment properties, or multiple investment properties. Where is that deposit coming from? Now, the challenge sometimes is that growth is a bit slow. Sometimes you need to boost it with your own saving or cash put towards the next deposit. Now this is the tough part. This is the disciplined part of property investing, you need to be disciplined enough to get enough deposits going in a market place so you don't have to save cash anymore, okay? And in my experience, usually two to three deposits in the market working usually then become self-fulfilling, self-rolling, self-replenishing going forward, okay? Two to three deposits. On average, a $500,000 property right now will take you at a 90% loan to value ratio. Approximately 75 to $80,000 to purchase that property depending on the state that you live in, depending on the state that you live in, depending on their statutory expenses and costs, okay? So the stamp duty and so on. So that's why it's like 75 to $80,000, depending on where you're buying, what you're buying, and how you're buying it. If you're buying an owner-occupier, it's a little bit less, if you're buying an investment property, it's a little bit more, okay? So two to three properties, two to three investment deposits would be 150 to $225,000, okay? So that we need that amount of money in the marketplace. You're saying, "well gee, Jason, I don't have that." Well start where you are, okay? So the deposits are created by two mechanisms, one: capital growth from the properties that you already have, and releasing the equity from those properties and two: you saving more deposits, like Alison saying, here, "saving after-tax dollars is a marathon." Now there's a little twist in this, which is something important to understand, when you buy investment properties, if you buy newer properties that give you tax deductions, you get to save your money. You get to create saving for future deposits, from pre-tax cashflow, from dollars before you pay tax, which is good because you get depreciation, okay? So deposits, some people use deposits or create deposits by joint venturing with others, okay? Joint venturing with others, with friends and family or business partners, not my favorite one, but some people do that. One way to create deposits also is to borrow money from family. I quite like that one, especially moms and dads lending money too, when they've got lots of equity and they lend money to their kids, that gives their kids a real good boost because often, younger people have got good incomes, older people do not, joint venture up that way or lending some money that way can be beneficial for everyone at the same time. Where are you going to get your deposit from? Number one, that is the thing you've got to focus on. Where are my deposits coming from? Now into the future, if we're able to borrow up to 95%, then we might need less money to get into properties and that's going to be excellent for us as investors also. Now let's get to the next one, next part of this conversation, which is the tougher one, all right? Like saving's pretty tough. Like Alison said, that you know, most of us haven't got a gazillion dollars hidden under the mattress, use your extra cash flow, Use your tax benefits, tighten the belt a little bit on things that you don't need to have right now, that you can buy your properties with. One of my clients, Justin, he sold his car and his motorbike and saved his butt off for his first deposit, okay? He didn't need a car, he didn't need the motorbike. He sold them, got the money, bought a property, consequently, he's made a hundred thousand dollars in equity and now he's going on and he's getting set up for his next property. Now he did the next thing, which we talked about for a little while as well. So often we get to the point where we might have equity, we might have deposits, we're ready to roll, but servicing, the ability to service the loan, holds us back. And we're like, well, what are we going to do about this? And this is the tough talk gang, that maybe some of us need to have. If you want to build that property portfolio, you have to increase your income. End of story. End of story. "Oh, what do you mean by that, Jason?" Well, sometimes all of us are sitting in jobs that number one, let's talk about this, number one, you're sitting in a job you don't like, it's easy, it's not that hard, but it doesn't earn you that much money, okay? You know, it's not a career, you don't really care about the job. It's not something that you love doing. Well here's my conversation with you gang, come in bit closer, 'cause this is for real. It's time to get your arse into gear and get a decent job that pays you decent money, more money than you're making right now, and go and find somewhere that you'd like to be instead of just coasting life in a comfort zone, all right? You need to get out of your comfort zone, income comfort zone, and you need to get into a zone where you're earning decent money, all right? Now, just because you finish high school or university doesn't mean you stop learning. There are people in your industry earning more than you. Double, triple, I know there's every single industry in the whole of Australia where you are right now, I would say 95% certainty, you are earning less than the best people in your industry. Yeah, it's hard for you in the world of the military, Alison, 'cause you've got to sort of stand in line, right, to get there. But look at you, you're starting a degree as well and I love that, okay? You're never stuck. There's no such thing, it's bullshit, gang. It's bullshit. You increase your income, 20, 30, $40,000, right? By getting a promotion, you know, Alison studying after-hours, getting a degree, so she could increase her income. Gang, like now's the time. Now's the time. I'm telling you right now, stop stuffing around in the comfort zone, right? "Oh, you know, I'm a bit scared." Well you know what? It's going to be worse when you're 50 or 60 and you didn't do it when you were younger and even if you are 50 or 60, it's certainly not over when it comes to this stuff. Get your finger out of your butt and get going, all right? Get your thumb out. Because life goes by, the big wheel keeps on turning, whether you're in there or not. And I'm telling you right now, those who get up each day and go, "yep, I'm going to fix this. I'm going to go for it." Get up an hour each day, show up to work an hour early, every single day for the rest of the year. Go and do that. Go do one more hour, get noticed by the boss, ask for the pay rise, push for the pay rise. Go for it, all right? Study after hours, do one hour every day of study, like Allison's doing, right? Look for that extra job. Look for the look for those employers who are paying 50 grand more for that person for your role somewhere else and go and ask why, okay? Because gang, there is more money in the marketplace than ever before. Like, there's zero return for cash. Businesses, industries are looking for the best people who want to get up and go for it every day. And you guys who want to be property investors, you're not slackers, right? Like you guys are going for it, you're pushing for it. You know, many of you guys are in the top 1% of Australians who own real estate. It's not like you've never pushed yourself before, but this one's the important one. You have to increase your income. The faster you increase your income, the better off you're going to be for borrowing, the quicker you get your acquisitions done, like the purchasing done, right, the quicker more properties you get to purchase, the better your wealth becomes into the future, which is important. So and Melinda's into it as well. Good work, Melinda! Well done. Right? Gang, don't miss this one. Your deposits are important. You can only save so much. You can only reduce your expenses so much. Your income, by and large, is expediential, you can earn any amount of income into the future if you choose. Up-skill, increase your capacity, get you degree after hours. Wow, man, like you can literally study now online with a degree and you can get it without ever having to attend a university. Oh, a physical one anyway, all right? That's amazing! I love that stuff. Taif, uni, online courses, up-skill, it is never been easier to connect with the ability to increase your income. Up-skill, push for the promotion and if the promotion doesn't come, find somewhere else that will pay you better, more money. And like I said before, my client, Justin, he was working in the Gold Coast and then he got himself a job in the mines in Western Australia and now we're getting set for his next property, all right? So there you go. Hopefully today's conversation landed. You need deposits. Where are your deposits coming from? You need two to three deposits in the market working for you. So you can rotate those deposits at least two or three times over the next 5 to 10 years, that will replenish and land for your deposits and income. Don't sit around complaining that your servicing is no good, all right? Don't come and complain to me or your coaches, right? Because I can tell you right now that is 100% your gig to fix. And if you're sitting there and you know that you could get better income, more income, you could be pushing yourself, you could be getting a degree, you could be earning more, then you need to do it. Get on with it gang. Time to crack on with this stuff because the world's not going to wait. The big wheel will keep on turning. And in 5, 10, 15 years, you'll wish you went back and did one our each day. Imagine that, one hour. One hour, every day, get up one hour earlier, put in one hour extra. When? Every day for the next year, two years, five years, the compounding effect of that, where would that put you? Where would that put you, gang? You know, I chatted to Tim Forester the other day. I don't know if anyone knows Tim Forester, he's worth about half a billion dollars and nice work, Brendan! And he said, well, you know, "I'll get up every day. And I work hard and long all day, because I love it, love it!" He said the money's, you know, and sure he's got plenty of coins, right? But at the end of the day gang, you know, go and find something you love to do or love what you're doing. Love what you're doing. Shay just put it in there, you know, there was one of our clients in Tasmania. She went and got extra work driving a bus. Driving a bus. Driving a bus. Had a great time chatting with people. I've got clients who drive Uber. Uber for a couple of hours on the weekends to make extra coin, to get that extra property. Gang, there's always something you can do. Right now, in this world, it's never been easier to get access to good education, good information, good opportunities. So hopefully my conversation landed today. A bit of encouragement. Crack on gang! 'Cause the world's not going to wait. And I'm so pumped about the next decade of property investing because interest rates are the lowest ever been. Ever, ever been. Servicing is tough. It's going to get better, but you need to increase the income and away you go. So Julie said, "I'm not sure about understanding the three deposits." Julie, what I'm saying is the first two to three properties that you have will require some capital, some investment. On average, depending on who you are, that'll be a 10% deposit plus 5% for your costs, okay? So that's about 75 to $80,000. Those three deposits in three different properties, once they're in that property, we want those properties to grow in value and return those deposits to us so we can go again, okay? So it's called recycling of the deposit. Hopefully that makes sense, Julie. If you need a bit more info, reach out to your coach. If you don't have a coach, you need one. Yeah, reach out if you need a coach, buddy. If you do have one, cool, give him a call, talk to your coaches have a little chat with him. All good. I think that's it. I think I might have had a little bit of rant today. Hopefully that was fine, gang. But yeah, listen, don't wake up in 5 or 10 years time and say, "okay, I could have done, I should have done better." It's time to do it. Every day it's time to do it. Wake up, make it happen. Alison said, "link it to your goals," which is awesome. Aw, thanks Mel. Okay, I'll check that. We launched, yeah. I chatted with Trevor Hendy and I don't know if anyone remembers Trevor Hendy and the podcast launched today, actually. Mel reminded me, thanks for that, I was off on a bit of a rant. I chatted with Trevor Hendy, six times IRONMAN champion, member of Order of Australia, Sporting Hall of Fame. What a cool dude. And it was a pretty cool conversation to sort of see, you know, he had fine fortune, the world at his feet, and it all blew up. Divorce, bankrupt, the lot. And then he made a comeback and amazing stuff now. So yeah, go have a listen to that one. That one's a really cool. Yeah, he's a champion all right, Mel. What a cool conversation I had with Trevor Hendy, so. Hey listen, if anyone's listening in, do us a favor, can you subscribe, leave us a comment, and download an episode? That gets me up the charts! Which is cool. All good. Oh, Julie, you want to invest in the Gold Coast, not a bad place. You've got to be careful where you invest in the Gold Coast, 'cause it is a bit of hit and miss. Give us a shout out if you want some help with that, buddy. Anyway, there you go. I think I've been on camera for a bit this morning. So hopefully everybody is well, it's been a great conversation. Looking forward to mentoring tonight. Everyone, mentoring is on tonight. We're talking about finance, which is why my rant this morning. And we're talking about actually off the plan tonight. How off the plan is going to be very useful in the next little bit about our strategy. You've got to get it right. It can be absolutely disastrous if you get it wrong, but it can be an absolute winner if you get it right. So we're talking through those strategies tonight at mentoring. That's why I've got my studio up there, all set up for tonight's mentoring. So make sure you join us tonight, gang. It's gotta be a Cracker. So download my podcast. I know Sam would have had his podcast launched today. Actually his launch is on Wednesday and join us tonight for mentoring, gang. Other than that, that's me, done and dusted. Another coffee and a chat. Hope you're all well. Have an awesome week. Join me again around about the same time tomorrow for another coffee and a chat. Stay well, stay awesome. And if you need some help, that's what we're here for. Reach out. All right, gang, take care. Have a great day. Bye-bye.  

Sam Saggers, CEO of Positive Real Estate, will divulge his strategy on buy and hold and you'll find out how to use it to create big results with your own portfolio, potentially accumulating a portfolio worth over $30 million in 20 years' time!Discover the key principles behind making real money out of real estate, what The Future of Property Investing in Australia looks like according to Saggers, why only 1% of people take the risk to buy 5+ properties and what you can do to boost your lifestyle for the future through buying in fun places. See acast.com/privacy for privacy and opt-out information.

Sam Saggers, CEO of Positive Real Estate, will divulge his strategy on buy and hold and you'll find out how to use it to create big results with your own portfolio, potentially accumulating a portfolio worth over $30 million in 20 years' time!Discover the key principles behind making real money out of real estate, what The Future of Property Investing in Australia looks like according to Saggers, why only 1% of people take the risk to buy 5+ properties and what you can do to boost your lifestyle for the future through buying in fun places. See acast.com/privacy for privacy and opt-out information.

Sam Saggers, CEO of Positive Real Estate and managing partner in Australia's oldest real estate agency, will chat about the influence from friends in high places (whose home was featured on TV show The Bachelor) and how a blunder early in his journey made him realise the true worth of property.Discover why understanding tax valuation is essential when determining the costs involved in owning a property and why you need to choose the right property in the right location. Also, follow Saggers' story on starting out in real estate at the age of 19, through to discovering his true calling as a property investor. See acast.com/privacy for privacy and opt-out information.

Sam Saggers, CEO of Positive Real Estate and managing partner in Australia's oldest real estate agency, will chat about the influence from friends in high places (whose home was featured on TV show The Bachelor) and how a blunder early in his journey made him realise the true worth of property.Discover why understanding tax valuation is essential when determining the costs involved in owning a property and why you need to choose the right property in the right location. Also, follow Saggers' story on starting out in real estate at the age of 19, through to discovering his true calling as a property investor. See acast.com/privacy for privacy and opt-out information.

The dreams of purchasing properties to create wealth through a portfolio is the goal of property investors, yet the realities of purchasing properties can sometimes creep up on us and push us into debt. CEO of Positive Real Estate and managing partner of Richardson and Wrench, Sam Saggers, chats to Smart Property Investment about the skills of being an investor, how holding a property in the long term as opposed to selling too quickly is better for investors and reveals what he thinks will happen to the property markets state by state in the future. Sam explains his take on slower growth in the market and how it will impact investors, his take on the so called property crash as well as his advice to investors revealing the 'big three' points he looks for before purchasing a property. You will also find out how to know where to look for property, his hitlist of places to invest and how supply and demand impacts the growth in the markets. You'll hear all of this and much, much more in this episode of The Smart Property Investment Show! If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, email editor@smartpropertyinvestment.com.au for more insights! SUBURBS MENTIONED IN THIS EPISODE: Sydney Melbourne BrisbaneManly Docklands Bentleigh Brighton Prahran RELATED AREAS OF INTEREST: Investors continuing to leave market and be replaced by first home buyersThe impact the major banks are leaving on investors APRA chairman sets sights higher on 'improvements' to lendingBig NSW suburb 'negative growth traps' to avoid

Some areas have seen astronomical price growth over the past few years but it looks like we may have finally hit the top of the cycle. With some indicators showing activity in the market is seriously subsiding we ask "Is Australian property in a bubble?". Stop children, what's that sound? Everybody look to see if aircraft flight paths are bringing prices down. Well, a survey from Brisbane has studied this phenomenon and we'll be looking at the results to see if it’s all just a bunch of white noise. And finally this week’s special guest Sam Saggers opens up about some lemons he bought when he first started investing that nearly stopped his journey before it began! http://www.smartpropertyinvestment.com.au