POPULARITY
Entrepreneur Carl Taylor joins Tyron Hyde on "Ten with Ty" to discuss wealth creation, business strategy, and work-life balance for dads. Carl shares insights on his entrepreneurial journey, the success of his digital marketing company, Automation Agency, and the benefits of investing in education and mentorship. He reveals his impressive returns from cryptocurrency investments and offers practical advice for achieving financial freedom. The episode also delves into the importance of setting boundaries to balance family life while running a successful business.Watch on YoutubeThroughout the episode, Carl provides an in-depth look at his journey from a teenage software coder to owning a successful marketing automation company, Automation Agency. He also discusses his mission to empower entrepreneur fathers through his Dadpreneur initiative, focusing on work-life balance and personal fulfilment.The conversation delves into Carl's wealth creation strategies, exploring unexpected successes such as his passive income achievements from a single blog post and investments in cryptocurrency. Emphasising the importance of strategic business operations, Carl discusses the advantages of automation and AI integration in business processes. The episode is filled with practical advice on investment strategies, the power of education and networking, and valuable lessons learned from navigating both successful and challenging business ventures.Key Takeaways:Carl Taylor successfully turned a 40-minute blog post into over $840,000 in passive income by leveraging affiliate marketing.Investing in education, mentorship, and networking can provide both substantial financial returns and invaluable professional relationships.Carl advocates the necessity of designing an ideal work-life balance, particularly for business-oriented fathers through his Dadpreneur initiative.Despite experiencing financial setbacks, strategic investments in cryptocurrency yielded Carl an impressive 5,392% return over 14 years.Implementing AI and automation in business enhances operational efficiency and can significantly reduce the time entrepreneurs spend on routine tasks.Notable Quotes:"I put about 40 minutes of time to record a video and write a blog Post back in 2014 sharing my views on a piece of software. And that one blog post has made me $840,000 in true passive income.""From a financial percentage return, [crypto] has been my absolute best investment.""So we help them (Dadpreneurs) build a business that doesn't rely on them, step out of the day-to-day through automation, team, etc, smart ways of working.""Financial freedom equals passive income, exceeding your expenses.""If you can't manage the money that you currently have, why would God or the universe give you more?"Resources:Carl Taylor: carltaylor.com.au IG @carltaylorAutomation Agency: automationagency.comDadpreneur: dadpreneur.comT. Harv Eker: "Secrets of a Millionaire Mind"Robert Kiyosaki: "Cash Flow" Board GameWatch YouTubeDownload Spotify Apple Tyron Hyde is the CEO of Washington Brown Quantity Surveyors
Join property expert Tyron Hyde and guest Jo Vadillo, a savvy property buyer, developer, coach and investor, as they discuss Jo's journey from humble beginnings to becoming a successful entrepreneur in real estate. In this engaging episode, Jo shares insights on building a diverse real estate portfolio, the importance of adding value and navigating the property market as an independent woman. She candidly shares her experiences with clients and portfolio successes while addressing the common challenges women face in the property market. Discover valuable investment strategies, avoid common pitfalls, and explore innovative paths to financial freedom. Whether you're a seasoned investor or a first-time homebuyer, this conversation offers guidance and inspiration to achieve your property investment goals.Key Takeaways:Start Early: Jo emphasises the importance of getting on the property ladder as soon as possible, citing her own journey's turning points.Add Value: Invest in properties where value can be added, whether through renovations or strategic developments.Financial Planning: Utilise professional advice from mortgage brokers and financial planners to maximise returns and avoid costly mistakes.Overcome Fear: Build confidence through education to empower decision-making, especially among women in real estate.Diversify Investments: Consider varied geographic locations and types of properties to establish a robust portfolio.Resources:Jo Vadillo's Businesses:Advocate Property Services: advocateservices.comProperty Women: propertywomen.com.auTen with Ty is brought to you by Washington Brown the Property Depreciation Expert. Watch YouTubeDownload Spotify Apple Tyron Hyde is the CEO of Washington Brown Quantity Surveyors
In this episode, Amanda sits down with Tyron Hyde, founder and CEO of Washington Brown, for a deep dive into investment strategies, property development tips, and the lessons Tyron has learned from his incredible career.
In this compelling episode of "Ten with Ty," host Tyron Hyde welcomes the legendary property investor and entrepreneur Steve McKnight for an in-depth discussion on achieving financial freedom through smart property investment. Steve delves into his storied journey from being an accountant to owning over 500 properties. His new book "Money Magnet" and the recently launched Strategic Opportunities Fund serve as cornerstones for actionable insights on financial growth and legacy building.Watch on YoutubeThis episode encapsulates years of financial wisdom into practical tips and inspirational anecdotes, making it a must-listen for property investors and financial enthusiasts.Steve McKnight's new book: "Money Magnet"Strategic Opportunities Fund: Website: sogif.auTree Planting Project: Website: treechange.comMoney Magnet Podcast: A show by Steve McKnight discussing financial strategies and investment insights.Ten with Ty is brought to you by Washington Brown, the property depreciation experts. washingtonbrown.com.au Watch YouTubeDownload Spotify Apple Tyron Hyde is the CEO of Washington Brown Quantity Surveyors
Tyron Hyde is the CEO of Washington Brown, one of Australia's oldest and most well-known quantity surveying firms. Having worked there for more than 30 years and being in the industry nearly 40 years now, he not only knows the company inside out, but also has keen property depreciation know-how and a wealth of knowledge about the industry that is hard— if not impossible!— to rival.In this special episode, he outlines six timeless and key lessons he has learnt from walking side-by-side with billionaire property developer, Harry Triguboff—including the tried-and-true secret to his success! Without a doubt, since landing his first job in his teens to becoming a prominent voice in Harry Triguboff's circle the past 27 years, he has truly proven himself a stalwart figure to both his company and clients—and to even many other investors across the Land Down Under. Hosted on Acast. See acast.com/privacy for more information.
Tyron Hyde is the CEO of Washington Brown, one of Australia's oldest and most well-known quantity surveying firms. Having worked there for more than 30 years and being in the industry nearly 40 years now, he not only knows the company inside out, but also has keen property depreciation know-how and a wealth of knowledge about the industry that is hard— if not impossible!— to rival.In this special episode, he outlines six timeless and key lessons he has learnt from walking side-by-side with billionaire property developer, Harry Triguboff—including the tried-and-true secret to his success! Without a doubt, since landing his first job in his teens to becoming a prominent voice in Harry Triguboff's circle the past 27 years, he has truly proven himself a stalwart figure to both his company and clients—and to even many other investors across the Land Down Under. Hosted on Acast. See acast.com/privacy for more information.
In this special edition of "Ten with Ty," the tables are turned when host, Tyron Hyde, CEO of Washington Brown, is interviewed by property expert, Hotspotting's Terry Ryder. The pair delve into the intricacies of property investment. Terry places Tyron under the spotlight, extracting invaluable insights about his property investment journey, strategies, and philosophies. The conversation traverses Tyron's first investment, his strategic approach to buying properties, and the lessons learned from his investment experiences.Throughout the episode, Tyrone emphasises the importance of buying when the market is less competitive, highlighting the concept of being counter-cyclical in property investments. The duo also explores common investment mistakes, including the dangers of buying new property without adequate research, and the under appreciated value of advisory teams and resources like RP Data. Tyron's philosophy of not following the crowd is a compelling narrative throughout the discussion.Watch on YouTubeKey Takeaways:Strategic Buying: Tyron stresses purchasing property during market downturns when competition is low, as advised by Harry Triguboff.Investment Philosophy: Emphasises the importance of independent research, not following herd mentality, and understanding property cycles to make informed decisions.First Investment Insights: Details on Tyron's first property investment in Sydney's Balmain and its eventual significant return.Common Mistakes: Highlighting the frequent errors new investors make, such as inadequate research and relying solely on advice from profit-motivated sellers.Holistic Approach: Importance of building a solid team, including mortgage brokers, accountants, and using tools like RP Data for informed investment decisions.Notable Quotes:"I'd rather buy when no one's at an auction than when there's a hundred people at an auction." – Tyron Hyde"Never ever borrow money for shares. If you can't own the share outright, don't buy it.” – Tyron Hyde"Independent advice on where to buy is key." – Tyron Hyde"The richest people in Australia, they're waiting for a property fund to go broke and then say, bang, we'll buy it." – Tyron Hyde"Don't assume your property is always going to go up." – Tyron HydeResources:Washington Brown - The Property Depreciation ExpertsRP Data - A crucial tool recommended for property valuation and comparable sales analysisSQM Research - Essential for property market reports and heat mapping potential investmentsHotspotting - Finding Tomorrow's Hotspots TodayWatch YouTubeDownload Spotify Apple Tyron Hyde is the CEO of Washington Brown Quantity Surveyors
In this episode of "Ten with Ty," host Tyron Hyde sits down with Miriam Sandkuhler, the fearless founder of Property Mavens. Miriam delves into the challenges facing today's property buyers, emphasising the importance of working with experienced, qualified buyer's agents over so-called "fake" agents. Drawing from her 30-year career and personal experiences, she discusses the pitfalls property buyers should avoid and the critical factors to consider when making the biggest investment of their lives.Miriam shares valuable insights on identifying credible buyer's agents, warning signs of unqualified agents, and the importance of a thorough vetting process. She also talks about her personal journey into property investment, the mistakes she's learned from, and what makes for a resilient and profitable investment strategy. Through engaging anecdotes and practical advice, Miriam aims to arm both seasoned and novice investors with the knowledge needed to navigate the complex world of real estate.Key Takeaways:Identifying Credible Buyer's Agents: Learn how to distinguish experienced and qualified buyer's agents from unqualified ones.Investment Pitfalls: Miriam Sandkuhler shares common mistakes that investors make and how to avoid them.Miriam's Journey: Gain insights from Miriam's personal experiences in real estate investment, including both successes and learning opportunities.Risk Management: The importance of aligning investment choices with one's risk profile and other personal factors.Value Over Price: Why it's crucial to focus on the value delivered by experts rather than just the costs involved.Notable Quotes:"The problem with these fake buyer agents who buy these courses, they just want to bypass an apprenticeship and start making money." - Miriam Sandkuhler"People make mistakes with what they don't know rather than what they know." - Miriam Sandkuhler"It's always worthwhile engaging the right expert for the right advice." - Miriam Sandkuhler"Pay an expert. Stick to your lane." - Miriam Sandkuhler"Your home is going to be your biggest asset. So the last thing you want to do when you buy your home is buy a lemon." - Miriam SandkuhlerResources:Property Mavens"Property Prosperity: 7 Steps to Investing like an Expert" – Book by Miriam SandkuhlerTwitter: @PropertyMavensLinkedIn: Miriam SandkuhlerWatch on Youtube or visit the Ten with Ty websiteTyron Hyde is the CEO of Washington Brown Quantity Surveyors
A key way to make property investment more affordable is to tap into the power of depreciation, says Tyron Hyde. Are you worried about how you can continue to afford to hold on to your investment property given the continuous increasing cost of just about everything? The one thing that makes or breaks the sustainability of an investor's journey is cashflow affordability. Affordability is the one thing you really need to consider, manage and control if you're serious about lasting the distance over the years to enjoy the fruit of capital growth. And one of the best ways to help you achieve that is tax depreciation. This is a tax deduction claimed for the natural wear and tear of an income-producing building asset over time, and it's generally the second biggest tax deduction for property investors, after loan interest. Its essentially a tax free kick – you get to claim a cost that you haven't actually paid against your taxable income. So how do you make the most of it? Tyron Hyde is back to explain. As you know from last week's episode, Ty is the CEO of one of Australia's oldest and most well-known quantity surveying firms, Washington Brown, and is also a successful investor, author and podcast host. Enjoy the episode! Next steps Connect with Tyron https://www.washingtonbrown.com.au and if you want to talk about your property cashflow challenges book a personal solutions session with me. Subscribe to Property Hub for free now on your favourite podcast player. Take the next step - connect, engage and get more insights with the Property Hub community at linktr.ee/propertyhubau Book a personal solutions session with Bushy to go deeper on your specific property needs or challenges Continue the discussion with likeminded investors and experts on The Property Hub Collective Facebook group Get a copy of Bushy's book, Get Invested, for FREE, and find out what it takes for you to invest in living more, working less Get all Property Hub info here linktr.ee/propertyhubau About Get Invested, a Property Hub show Get Invested is the leading weekly podcast for Australians who want to learn how to unlock their full ‘self, health and wealth' potential. Hosted by Bushy Martin, an award winning property investor, founder, author and media commentator who is recognised as one of Australia's most trusted experts in property, investment and lifestyle, Get Invested reveals the secrets of the high performers who invest for success in every aspect of their lives and the world around them. Get Invested is part of the Property Hub podcast channel, your home for property investment insights, inspiration and stories from Australia's top property experts, investors, leaders and analysts. Subscribe now on Apple Podcasts, Spotify and YouTube to get every Get Invested episode each week for free, and also get full access to RealtyTalk, Australia's top online property show for red hot property investing news and insights direct from property industry leaders and influencers. Property Hub is a collaboration between Bushy Martin from KnowHow Property, Kevin Turner from Realty, show producer Andrew Montesi from Apiro Marketing and Apiro Media, and Australia's largest independent podcast networkDM Media. For business enquiries, email andrew@apiromarketing.com.See omnystudio.com/listener for privacy information.
Podcast Episode #75: Why Tax Depreciation Matters With Tyron Hyde Intro: Welcome to our next edition of the Propertybuyer Podcast. End of financial year coming Death and tax are two certainties in life – you can't avoid death but you can minimise your tax. Today you're in for a treat with a tax depreciation expert Tyron Hyde CEO of Washington Brown. Our Thought of the Week: “ Life is what happens to you while you're busy making other plans”. –John Lennon Podcast with Tyron Hyde, CEO, Washington Brown Topic: Why Property Tax Depreciation Matters Questions we will cover in todays episode: In really simple terms – please explain for our listeners - what is property tax depreciation? How does it work? Why is it important to claim the right amount of tax depreciation? What is the consequence of NOT claiming it? How do you work our various depreciation rates? Does the ATO have prescribed list of all dishwashers and ovens for example? What items attract the highest rates of depreciation? What has changed with depreciation deductions over the past 5 years? Is it likely the Government will continue to amend depreciation rates in the future? Can you still claim depreciation on an older established property? Can you estimate when renovations were undertaken? How do you do that? We are now in the middle of the year and its Tax time – what are some common tax mistakes you see investors make with their claims? Old vs new property investment…When considering buying an investment property – how much important should an investor place on depreciation? Is depreciation an important criteria, or a nice to have factor? Tell me a bit more about your investment strategies and philosophies? Are you an active property investor yourself? What motivated you to get started with property investing? How do you go about deciding where to invest? Do you have specific location criteria? What about deciding on a property type for investing. What is your property selection method or criteria? Have your property investment strategies evolved over time? What do you look for? What does it cost the average investor for a properly prepared tax depreciation report? Would you recommend a QS prepare a depreciation schedule or just having your accountant estimate the deductions? How have you made such a great business out of a topic that people find quite boring? Can you share the best piece of investment advice you've ever received?
Success in property investment starts with a great mentor, says Tyron Hyde. Ty is a successful investor, author and podcast host who has also had the rare privilege of standing on the shoulders of titans to enjoy his own success as the CEO of one of Australia's oldest and most well-known quantity surveying firms, Washington Brown, who specialise in appreciating depreciation and it's benefits for property investors. As you'll hear in this chat, it is great to read books and listen to podcasts, but real learning comes from observing how it's actually done and then doing it yourself. And much of my learning and any success that followed can be linked back to my (Bushy) mentor, the late George Lucey. In this episode I pay tribute to George and talk about what I learned from him, before talking about the power of mentoring, and why you need a mentor, with Ty. Enjoy! Next steps Connect with Tyron https://www.washingtonbrown.com.au and if you want to talk about your property cashflow challenges book a personal solutions session with me. Subscribe to Property Hub for free now on your favourite podcast player. Take the next step - connect, engage and get more insights with the Property Hub community at linktr.ee/propertyhubau Book a personal solutions session with Bushy to go deeper on your specific property needs or challenges Continue the discussion with likeminded investors and experts on The Property Hub Collective Facebook group Get a copy of Bushy's book, Get Invested, for FREE, and find out what it takes for you to invest in living more, working less Get all Property Hub info here linktr.ee/propertyhubau About Get Invested, a Property Hub show Get Invested is the leading weekly podcast for Australians who want to learn how to unlock their full ‘self, health and wealth' potential. Hosted by Bushy Martin, an award winning property investor, founder, author and media commentator who is recognised as one of Australia's most trusted experts in property, investment and lifestyle, Get Invested reveals the secrets of the high performers who invest for success in every aspect of their lives and the world around them. Get Invested is part of the Property Hub podcast channel, your home for property investment insights, inspiration and stories from Australia's top property experts, investors, leaders and analysts. Subscribe now on Apple Podcasts, Spotify and YouTube to get every Get Invested episode each week for free, and also get full access to RealtyTalk, Australia's top online property show for red hot property investing news and insights direct from property industry leaders and influencers. Property Hub is a collaboration between Bushy Martin from KnowHow Property, Kevin Turner from Realty, show producer Andrew Montesi from Apiro Marketing and Apiro Media, and Australia's largest independent podcast networkDM Media. For business enquiries, email andrew@apiromarketing.com.See omnystudio.com/listener for privacy information.
The report we call The Pulse provides critical intelligence for property investors because it shows how you can get both a high rental yield and excellent capital growth if you choose your location well. Recent editions of The Pulse have featured locations where rents have grown 10-15-20% in a year, but so have property values – providing the ultimate win-win-win situation for property investors. Hotspotting produces this report in association with leading national experts on property depreciation, Washington Brown – who provide additional key elements to the data in this report. The figures from Washington Brown show that intelligent application of depreciation tax benefits can create a significant increase in the rental yield of your property. It depends on a number of factors, including the tax bracket you are in, but typical depreciation benefits for an investment property can lift a 6.3% gross rental yield to 6.75%. A 6.4% yield can improve to 6.8% or 6.9%. Tyron Hyde, the CEO of Washington Brown says that “Depreciation is the secret sauce when it comes to property investing - and can turn a good, positively geared property into an even greater property! “Better yet, depreciation can turn a negatively geared property into a positively geared scenario.” Tyron Hyde reminds us that property investors are able to claim the wear and tear of a property against their taxable income, which should be factored into the yield of a property. Depreciation is a non-cash deduction, which means, unlike all other expenses on your property, you don't have to pay for it. The depreciation amount you can claim is built into your property when you buy it; you just need a Quantity Surveyor like Washington Brown to calculate the number. So, if you get a copy of The Pulse, you can learn a number of key things for property investors: 50 locations which are affordable, where you get above average rental yields, and which have good potential for capital growth – and the important data from Washington Brown which shows how depreciation benefits can turn a good rental yield into a great rental yield.
The Michael Yardney Podcast | Property Investment, Success & Money
Would you like to learn the property investment secrets of Australia's richest property investor? Well, today we'll explore the powerful strategies that fueled Harry Triguboff's ascent to billionaire status, as we learn seven lessons from the $26 billion man who is regularly number one or number two on Australia's wealthiest person list. My guest, Tyrone Hyde, director of Washington Brown, has saved Harry billions of dollars over the last 27 years so I'm keen to hear the lessons he's learned working closely with this successful investor. I hope you'll get some hints on becoming a more successful investor in today's chat. Links and Resources: Michael Yardney Tyron Hyde – Washington Brown Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Shownotes plus more here: 7 Lessons from Australia's $26Billion Man with Tyron Hyde
Summary:Join property expert Terry Ryder and host Tyron Hyde as they discuss the current housing crisis in Australia and propose solutions to address the issue. They delve into the impact of government policies, the shortage of rental properties, and the need to incentivise mum and dad investors. Terry shares his top real estate tip, highlighting a city with a strong economy and affordable housing. Tune in to this conversation for valuable insights and advice on property investment.Watch on YouTubeWatch on Youtube or visit the Ten with Ty websiteTyron Hyde is the CEO of Washington Brown Quantity Surveyors
Catch the replay of our latest webinar hosted by Tim Graham, General Manager of Hotspotting, featuring Tyron Hyde, the visionary founder of Washington Brown and a master of property depreciation. Dive into the invaluable insights of "7 Lessons from the $26B Man," a presentation inspired by the legendary real estate mogul Harry Triguboff. In this compelling session, you'll explore the powerful strategies that fuelled Harry Triguboff's ascent to billionaire status, with a focus on the transformative impact of compounding in real estate investment. Discover practical advice and nuanced strategies that every property investor should consider: The Power of Compounding: Learn how small, consistent investments can grow over time and how to leverage this in the property market for significant returns. The 1% Rule: Uncover minor adjustments you can make that yield substantial improvements in investment outcomes. Whether it's negotiating a slightly better interest rate or enhancing property features to boost rental appeal, these small changes can dramatically increase your portfolio's value. Annual Reviews: Understand the importance of reviewing your home loan rate annually to ensure you're getting the best possible deal. We'll also discuss the benefits of cross-checking comparable rental prices to maximize your income. For more information on Washington Brown or to connect with Tyron Hyde, please visit www.washingtonbrown.com.au You can also subscribe to Tyron's Ten with Ty podcast here: https://www.washingtonbrown.com.au/podcasts/
On this Australian Property Show episode, we're joined by successful property investor and property depreciation expert Tyron Hyde. For close to 30 years, Tyron has been working with property investors from Billionaire Harry Triguboff to hardworking mums and dads, to help them get a better return from their investment property every year. Tyron shares the guerilla tactic he used to secure his first job in property, and what it took to become Australia's subject matter expert on this very topic. Throughout the episode, we cover: Big lessons from million-dollar lunches with Harry Triguboff; The family tragedy that motivates Tyron to this day; Best bits of Tyron's book ‘Keep Claiming It'; and The big change to depreciation all residential investors must know Thanks for tuning in and please enjoy this interview with Tyron Hyde. Links mentioned in the show: Connect with Tyron Check out the book Keep Claiming It Connect with the Host Book a complimentary property chat with Tom General Advice Warning! The information (including taxation) contained in this podcast is general in nature and does not consider your individual financial circumstances or needs. You should not act on the information provided without first obtaining professional advice specific to your circumstances. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. The views expressed in this podcast are solely those of the individual; they are not reflective or indicative of My Money Sorted position and are not to be attributed to Online Financial Planning Australia Pty Ltd. The host is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. This podcast cannot be reproduced in any form without the express written consent of My Money Sorted.
About The Guest(s):In this episode, Tyron Hyde interviews Terry Tran, founder of Freedom Trader, who shares his journey from being a child refugee to achieving financial freedom through share trading.Summary:Terry emphasises the importance of education and understanding stock fundamentals before investing. He discusses the mistakes traders often make, the value of diversification, and the significance of risk management. Terry also provides insights into undervalued companies and emerging economies, such as India and Vietnam. Watch on YouTubeWatch on YoutubeOr visit Ten with Ty Tyron Hyde is the CEO of Washington Brown Quantity Surveyors
Join hosts Steve Palise and Andrew Bean on this week's episode of the Commercial Property Investing Explained Series as they chat with Tyron Hyde, a seasoned veteran whose illustrious career spans over 25 years, most notably alongside the iconic Harry Triguboff—a titan in the Australian property sector.Leveraging his expertise as a Quantity Surveyor, Tyron provides clarity on residential versus commercial property depreciation, especially following the 2017 tax changes, and dives into the value of depreciation reports. He shares methods for calculating building costs, gives advice on investments and asset depreciation over time, explores depreciating eccentric items and heritage properties, and unravels the complexities of superfund real estate investments.Topics covered:Harry Triguboff lessons: Insights from working with the Australian property magnateQuantity Surveyor role: Explaining their pivotal role in property investmentDepreciation changes: Tax changes impacting residential vs commercialDepreciation reports: Benefits and process of detailed depreciation reportsBuilding cost methods: Calculating property depreciationInvestor recommendations: Tips on assets and investment strategiesBizarre depreciation: Depreciating unique items and heritage listingsSuperfund office investment: Implications of buying through a SuperfundReport costs and time: Advice on obtaining reportsAll this and so much more!So if you're interested in benefiting from depreciation and learning some investment insights from a seasoned investor, tune in to this informative episode of Commercial Property Investing Explained Series.Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HEREGet your FREE Commercial Property Paydown Calculator CLICK HERE Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HEREHOSTED BY: Steve Palise Ph: 0403 878 497Email: steve@paliseproperty.com LinkedIn: https://au.linkedin.com/in/steve-palise
In this episode of the Commercial Property Investing Explained Series. Hosts Andrew Bean and Steve Palise chat with Tyron Hyde, a seasoned veteran whose illustrious career spans over 25 years, most notably alongside the iconic Harry Triguboff—a titan in the Australian property sector. Tyron brings to life the essence of working with such a towering figure through captivating stories and invaluable lessons, offering listeners an exclusive peek into the world of a real estate magnate. With Tyron's expertise as a Quantity Surveyor (QS), we delve into the complex yet fascinating world of property depreciation, a crucial topic for the astute investor. Ever curious about the distinctions between residential and commercial depreciation, particularly following the landmark changes on the night of 9th May 2017? Tyron elucidates these differences, providing clarity on their significance and influence on investment strategies. Further enriching this episode, we dissect the intricacies of depreciation reports, uncover the methodologies behind building cost calculations, and the nuanced approaches to asset depreciation over time. Tyron generously shares seasoned advice for investors, reveals the quirkiest item he's ever depreciated, and navigates the intricacies of dealing with heritage-listed properties and Superfund investments Topics Covered: The Legend of Harry Triguboff: Tyron Hyde shares his experiences and lessons learned from over 25 years working with one of Australia's property magnates. Demystifying Quantity Surveying: An in-depth look at the role of a Quantity Surveyor (QS) and how they're pivotal in property investment. Depreciation Deep Dive: Understanding the intricacies of residential vs. commercial depreciation, especially after the changes on 9th May 2017. The Art of Depreciation Reports: The process, necessity, and benefits of having a detailed depreciation report for your property. Calculating Building Costs: Tyron explains how building costs are determined and the common methods used for calculating property depreciation. Advice for Property Investors: Expert recommendations on depreciating assets and navigating the complexities of investment strategies. Unique Depreciation Challenges: Insights into depreciating bizarre items and handling heritage-listed properties. Superfund Investments: The dynamics of buying an office building through a Superfund and the implications for depreciation. Cost and Duration of Reports: Practical advice on obtaining depreciation reports, including costs and timeframe. Steve Palise - Palise Property Ph: 0403 878 497 Email: steve@paliseproperty.com LinkedIn: https://au.linkedin.com/in/steve-palise HOSTED BY: Andrew Bean Ph: 0410 694 633 Email: ab@andrewbean.com.au YouTube: https://www.youtube.com/@andrewbean28 Facebook: https://www.facebook.com/andrew.bean28 Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE Download your FREE Commercial Cash Flow Interest Rates Stress Test Calculator CLICK HERE Don't forget to grab your FREE copy of Steve's NEW Book Residential Property Explained Simply book in a bundle - Use discount code PODCAST CLICK HERE Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE SHOW CREATED BY THE COMMERCIAL PROPERTY SHOW NETWORK FOLLOW THE COMMERCIAL PROPERTY SHOW NETWORK ON COMMERCIAL PROPERTY SHOW WEBSITE www.commercialpropertyshow.com.au FACEBOOK GROUP – Commercial Property Show Community https://www.facebook.com/groups/commercialpropertyshow FACEBOOK PAGE – @commercialpropertyshow https://www.facebook.com/commercialpropertyshow/ INSTAGRAM - @commercialpropertyshow https://www.instagram.com/commercialpropertyshow/ TWITTER - @compropertyshow https://twitter.com/compropertyshow APPLE PODCAST https://podcasts.apple.com/au/podcast/commercial-property-show-australia/id1500207613 PODBEAN LINK https://andrewbean.podbean.com/
Summary:Tyron Hyde sits down with property investment savant, Chris Gray. The conversation traverses Chris's impressive $25 million property portfolio, delving into his unconventional investment strategies that defy traditional norms.By asking his famous "ten questions", Tyron Hyde delves into Chris Gray's investment journey, highlighting Gray's preference for value accumulation over immediate equity and discussing the significance of property control in building wealth. Anchored in his contrarian approach, Gray's investment philosophy emphasises spending wisely to leverage money effectively, especially in real estate. Through anecdotes and examples, Chris provides insights into his experiences, spanning from clever property renovations to prudent financial planning amidst shifting interest rates.Watch on YouTubeKey Takeaways:Chris Gray advises on building wealth by controlling more assets rather than focusing solely on debt repayment.A discussion on rent vesting strategy demonstrates that inflated rents can be advantageous for property owners.Leveraging high-quality assets, particularly in blue-chip areas, is crucial for long-term investment stability.Having cash buffers and understanding the market cycles are key to navigating through times of economic fluctuation.Gray underscores the importance of obtaining independent valuations before making investment decisions.Quotes:"I'd rather have $10 million of property and $10 million of debt. Ten doubles to 20 million, whereas one only doubles to two.""In my 30s, I did a 40-hour job in 20 hours, so I could have the other 20 hours for property investing or hanging out.""Having $10 million of debt is stressful. But if you've got equity or other properties to cover it, it's just part of the cycle.""You can't just look at the yields in isolation. It's about the quality and scarcity of the land, not just the quantity.""The new generation is. You get rich by spending money these days, spending money on valuations or buyers agents, or on depreciation reports."Watch on YoutubeOr visit Ten with Ty Tyron Hyde is the CEO of Washington Brown Quantity Surveyors
About The Guest(s):Jane Slack-Smith is a renowned property expert, mentor, and the "renovation queen." With over 20 years of experience in the industry, she has helped thousands of people achieve financial success through property investment. Jane is the founder of Investors Choice Mortgages and Your Property Success Club, where she provides education and guidance to aspiring investors.Summary:In this episode of "Ten With Ty," Tyron Hyde interviews Jane Slack-Smith, a property expert and mentor. They discuss the concept of legacy and the impact Jane wants to leave on her community and the people she serves. Jane shares stories of her upbringing and the values her mother instilled in her, which have shaped her desire to make a difference in people's lives. She also talks about her vision of democratising wealth in property and her decision to transition from being a mortgage broker to focus on serving more people through her property courses.They then delve into the topic of success and what it means to Jane. She emphasises the importance of waking up every day with a sense of adventure and having the freedom to do what she wants, with whom she wants, and when she wants. Jane also highlights the power of having a clear vision and belief in oneself to manifest desired outcomes.The conversation concludes with Tyron asking Jane for advice on achieving financial success in property investment. Jane reframes the question and suggests focusing on how investments contribute to living one's best life, rather than solely on avoiding losses. She encourages aspiring investors to be open to opportunities, do the necessary research, and take action aligned with their goals and vision.Watch on YouTubeKey Takeaways:Legacy is about making a positive impact and serving others.Success is waking up every day with a sense of adventure and having the freedom to make choices.Investments should be viewed as contributions to living one's best life, rather than solely as a means to avoid losses.Strategic renovations can be profitable when there is a significant gap between the purchase price and the potential value after renovation.Quotes:"I think about the people that I've served and I've been in service rather than in servitude." - Jane Slack-Smith"Success to me is waking up every morning with the world as an adventure, with the time to do what I want, with whom I want when I want." - Jane Slack-Smith"Don't come from investments from how am I not going to lose money, come from investments of how is this going to contribute?" - Jane Slack-Smith"Strategic renovation is about finding that gap between the purchase price and the potential value after renovation." - Jane Slack-SmithWatch on YoutubeOr visit Ten with Ty Tyron Hyde is the CEO of Washington Brown Quantity Surveyors
About The Guest(s):Jane Slack-Smith is a property expert, mentor, and author. She is known as the "renovation queen" and has helped thousands of Australians achieve financial freedom through property investment. Jane is an award-winning mortgage broker and has written multiple books on property investment.Summary:In this episode of Ten with Ty, Tyron Hyde interviews property expert and mentor Jane Slack-Smith. They discuss the mindset of successful investors, the difference between an average investor and a good investor, and the importance of understanding the stories we tell ourselves. Jane shares her experiences and insights from working with property mentoring clients and emphasises the role of mindset in achieving success in property investment.Watch on YouTubeKey Takeaways:Successful investors have an awareness of the stories they tell themselves and are able to overcome limiting beliefs.The mindset of an investor plays a crucial role in their decision-making process and ability to take action.It is important to invest in relationships and surround yourself with supportive and like-minded individuals.The best investment advice is to buy the best possible property in the best possible area that you can afford.Diversification is key in asset allocation, and it is important to have a mix of different asset classes.Quotes:"Successful investors always invest with their money in property." - Jane Slack-Smith"The universe is conspiring for your success, and the only thing getting in the way is you." - Jane Slack-SmithWatch on YoutubeOr visit Ten with Ty Tyron Hyde is the CEO of Washington Brown Quantity Surveyors
About The Guest(s):Tyron Hyde is the CEO of Washington Brown, a property depreciation expert.Steve Palise is the founder of Palise Property, a property investment company. He is also the author of two books on property investing.Summary:Tyron Hyde interviews Steve Palise, a property investor and author, in the first episode of his podcast series, "Ten with Ty." They discuss various topics related to property investing, including Steve's background, the benefits of investing in commercial property, and the importance of leveraging and time in building wealth. Steve also shares his best and worst investment experiences and advises young investors. The conversation concludes with a discussion on the legacy Steve wants to leave and the definition of success.Watch on YouTubeKey Takeaways:Steve's best investment was his first property, which provided a significant return and served as a springboard for his portfolio.His worst investment was a low-priced apartment that required cash payment, and missed out on leveraging opportunities.The most valuable investment advice Steve received is that no one becomes financially free by working for someone else.His ideal portfolio mix includes property, business ownership, and tangible shares.For a 20-year-old with $20,000, Steve advises investing in property or starting a business to gain experience and learn from mistakes.With $500,000 at 50 years old, he suggests investing in low-risk commercial property and focusing on a pay-down strategy.Steve believes success is being true to oneself and finding happiness in personal passions and experiences.Losing money can be a valuable learning experience, especially in the younger years, as long as lessons are learned and applied.In commercial property investing, incentivising tenants can increase the likelihood of them taking up lease options.Quotes:"No one becomes financially free from working." - Steve Palise"You can achieve a lot in a short amount of time." - Steve Palise"Success means being true to yourself." - Steve PaliseWatch on YoutubeOr visit Ten with Ty Tyron Hyde is the CEO of Washington Brown Quantity Surveyors
What does depreciation of Australian real estate assets have in common with living a dream lifestyle in Bali? The answer is Tyron Hyde, who runs Australia's leading quantity surveying firm Washington Brown from a bamboo eco school on the iconic Indonesian island. As the nation's foremost expert on how investors can use depreciation laws to dramatically improve their investment returns, Tyron Hyde has valuable information for property investors hoping to grow their wealth and perhaps retire early. Hyde is the embodiment of that concept of living your best life while achieving financial success. At our 4 July webinar Hyde we spoke about: 1. How he runs a successful Australian quantity surveying company from a jungle in Bali 2. How he changed his business model to work from home, long before Covid made it necessary and then trendy 3. How his business revolutionised its approach to providing depreciation services to property investors, which both saves them money and makes them money 4. How he built a successful and profitable business that doesn't need him to be there
Do you want to find a way to motivate your staff without sacrificing your income? Then listen to the latest podcast featuring Tyron Hyde, the CEO of Washington Brown! Tyron has been in the property business for over 30 years and can reduce investors' taxable income. He shares his inspiring story of uprooting his family from Sydney to Bali to start a medium-sized business. Tyron explains how he set up a new management structure that gave his staff more responsibility and freedom, which was a success. By implementing profit sharing and giving everyone an equal stake in the company's success, Tyron was able to motivate his team and improve the business's bottom line. His inspiring story will help you find new ways to motivate your employees and improve your business. Listen to the podcast now and start positively changing your work life. If you love this episode, don't forget to subscribe, rate, and share this podcast! See you on the inside! In this episode, we cover: 00:00 Coming up 03:11 Life triggers that sparked Tyron's unconventional journey 05:32 Secrets to developing profit share for business success 10:16 Evolving business models: Lessons from Tyron's experience 13:22 Industry insights: Changing bottom lines and trends 17:57 Overcoming limiting beliefs in Bali and beyond 22:16 Timezone favorites: Tyron's global adventures 26:47 Valuable lessons learned from Tyron's journey 30:22 Harry's old-school wisdom and its impact 36:11 Dream big: Removing constraints for a magical life 41:29 Balancing family and a thriving business About Tyron: Meet Tyron Hyde, the property guru with an impressive background in construction economics. After graduating from UTS and becoming a Fellow of the Australian Institute of Quantity Surveyors, Tyron's journey at Washington Brown began over two decades ago as an eager intern searching for his big break. Today, he is the proud sole owner of Washington Brown Depreciation Pty. Ltd., a testament to his unwavering dedication and expertise. Tyron's passion for property depreciation has made him a sought-after speaker at industry conferences and a trusted source for national media. His insights and knowledge have been shared through numerous articles and books, including his highly acclaimed publication, "Keep Claiming It." With Tyron's guidance, navigating the complex world of depreciation becomes more accessible, empowering property investors to make informed decisions and maximize their returns. Want daily insights? Follow along: Instagram: https://www.instagram.com/goosemcgrath/ Youtube: https://www.youtube.com/@goosemcgrath Twitter: https://twitter.com/McgrathGoose TikTok: https://www.tiktok.com/@goosemcgrath LinkedIn: https://www.linkedin.com/in/glenn-goose-mcgrath Facebook: https://www.facebook.com/gooseface/ See omnystudio.com/listener for privacy information.
We're back with Tyron Hyde, CEO of Washington Brown and active property investor. After getting to know him and all the main points from his life so far, we turn to his career and get to the bottom of questions such as: Who are his clients? And, What exactly is it that he does day to day? He also lets us in on the best investments he's ever made, the movie he carries around just in case, and how he became his own tenant. Hosted on Acast. See acast.com/privacy for more information.
We're back with Tyron Hyde, CEO of Washington Brown and active property investor. After getting to know him and all the main points from his life so far, we turn to his career and get to the bottom of questions such as: Who are his clients? And, What exactly is it that he does day to day? He also lets us in on the best investments he's ever made, the movie he carries around just in case, and how he became his own tenant. Hosted on Acast. See acast.com/privacy for more information.
Tyron Hyde is the CEO of Washington Brown, one of Australia's oldest and most well-known quantity surveying firms. Having worked there for nearly 30 years, he not only knows the company inside out, but he also has a wealth of knowledge about the industry that's hard— if not impossible!— to rival.In this episode we get to know the active property investor who walks to the beat of his own drum, whether it be here in Australia or barefoot in the Balinese rainforests. While providing tax depreciation and construction cost advice is what has helped him to build his life, it's only a part of what makes Hyde who he is today. He delves into his family history, from the recent to the not-so-recent, and his travels around the globe. Hosted on Acast. See acast.com/privacy for more information.
Tyron Hyde is the CEO of Washington Brown, one of Australia's oldest and most well-known quantity surveying firms. Having worked there for nearly 30 years, he not only knows the company inside out, but he also has a wealth of knowledge about the industry that's hard— if not impossible!— to rival.In this episode we get to know the active property investor who walks to the beat of his own drum, whether it be here in Australia or barefoot in the Balinese rainforests. While providing tax depreciation and construction cost advice is what has helped him to build his life, it's only a part of what makes Hyde who he is today. He delves into his family history, from the recent to the not-so-recent, and his travels around the globe. Hosted on Acast. See acast.com/privacy for more information.
Learn Six Crazy Facts About Depreciation - Plus the Top 5 areas of Australia attracting investor buyers If you have trouble getting your head around the concept of depreciation of houses and apartments, you are not alone. It's puzzling for many investors that the value of their building is depreciating in value, at a time when property values are rising so strongly right across Australia. Property values are up more than 20% this year, as an average across the nation, according to the latest data from CoreLogic. But, in simple terms, it's the land content that appreciates in value – while the structure and the fixtures and fittings depreciate in value over time. This reality is important for property investors, because they can reduce the amount of tax they pay by many thousands of dollars per year by claiming depreciation. A deprecation report by experts Washington Brown can dramatically improve the bottom line for property owners. In this free webinar on Thursday 16 September, Washington Brown's Tyron Hyde and Peter Foldes joined Hotspotting founder Terry Ryder to discuss the issues. Foldes presented state-by-state statistics on where investors are buying, including the Top 5 LGAs for attracting investors, while Hyde discussed his new report “Six Crazy Facts About Depreciation”.
In this free webinar Terry spoke with Tyron Hyde, CEO of Washington Brown about the best places to buy in the new post-election landscape.
The Elephant In The Room Property Podcast | Inside Australian Real Estate
Will it really create housing affordability and will there be unintended consequences? In this episode we stir up the conversation on Labor's negative gearing policy and just how crazy we believe it will be if they successfully get it legislated. To help you better understand what could happen, we bring in parts of the conversations we've had with some of the smartest minds in property - Pete Wargent, The Kouk, Tyron Hyde and Ben Kingsley. For us, it is wildly outrageous that they believe this will help first home buyers get what they really want long term; a home in a highly desirable location. In fact we believe it will make it even harder for them. Labor are forgetting that a lot is riding on keeping our property investment industry stable and flowing, but in order to win votes they will bring financial pain to property owners all over the country. For properties not traditionally bought by investors, such as houses in the inner rings of capital cities, this will not have a huge impact. But for properties that are bought almost entirely by investors such as units, new apartments and holidays homes, this could be catastrophic. There are so many flaws in this policy design and this episode explores what the consequences could be if it gets the go ahead. Blog mentioned:Stuart Weymss Episodes mentioned:Pete WargentBen Kingsley Tyron Hyde Stephen Koukoulas Download the transcript: www.thelephantintheroom.com.au/podcasts048 Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.auSee omnystudio.com/listener for privacy information.
The Elephant In The Room Property Podcast | Inside Australian Real Estate
Expert guide to the new depreciation rules for property investors A rear-window view of the good and bad decisions property investors make Have you ever wondered whether your accountant is completely up to date on what tax deductions you can claim as a property investor? Have you ever been advised to buy property in order to reduce your tax? In this episode, quantity surveyor Tyron Hyde reveals the myths, traps and truths about property depreciation. We traverse an incredible range of topics including: The two biggest and easiest to avoid mistakes he sees property investors make. The most vulnerable buyers likely to get trapped as a result of new depreciation rules. 7 strategies to maximise tax benefits under new rules. The difference between a developer's marketing depreciation report & a depreciation schedule. The danger of using depreciation as the sole decision making tool & the other numbers and tax implications investors need to know about. The big surprise - some accountants don't necessarily understand depreciation & most investors don't know everything they can claim for. He challenges the “fact” that land always goes up in value and reveals his magic formula combining the bottom of market and high build costs. How to make money out of new property and what the risks are. The case for not sprucing up a property before selling it. Why building costs have been going up and why costs blow out. This episode contains a wealth of pragmatic, informed and clever tips for both property owners and buyers. Links: Tyron's eBook + special rate for Elephant listeners: www.washingtonbrown.com.au/elephantSee omnystudio.com/listener for privacy information.
Tyron Hyde is the director and majority share holder of Washington Brown. He began his career at Washington Brown in 1993 as a wide-eyed intern looking for a break in the industry. 20 years later, he is now the majority shareholder in the business. Over the past 20 years, Tyron has helped transform Washington Brown into one of Australia’s leading companies in tax depreciation reports. He is regarded as one of the industry’s leading experts in property tax depreciation and is regularly quoted in the media, is asked to speak at conferences, and has published numerous articles on tax depreciation for consumer and business publications.
Tyron Hyde says that; it's how to stay ahead of the curve. Coming up in the podcast you'll discover Hyde's alternative property investment strategy of buying where no one else is.Hyde also recommends going against traditional thinking as well as traditional investing. By forgoing the mortgage of a first family home, for creative alternatives such as a rental lease.You'll also hear about the importance of research and reading, which Hyde uses to stay at the top of the game. The need for financial advice before you start your property investment journey will also be addressed by Hyde, who recommends experts such as Herron Todd White and SQM.
Tyron Hyde says that; it's how to stay ahead of the curve. Coming up in the podcast you'll discover Hyde's alternative property investment strategy of buying where no one else is.Hyde also recommends going against traditional thinking as well as traditional investing. By forgoing the mortgage of a first family home, for creative alternatives such as a rental lease.You'll also hear about the importance of research and reading, which Hyde uses to stay at the top of the game. The need for financial advice before you start your property investment journey will also be addressed by Hyde, who recommends experts such as Herron Todd White and SQM.
In today’s episode we talk Property Depreciation with Tyron Hyde of Washington Brown. Tyrone discusses his book 'Claim It: A Property Investor's guide to Depreciation' which is endorsed by Australia's Richest Man, Money Magazine, and Your Investment Property Magazine. In This Episode of Property Secrets: Calculating the value of homes based on when they were built How the government determines the life expectancy of homes Defining “non-cash deduction” The variables that make up property depreciation Tyron’s Insider Property Secrets: Claim deductions on the effective life of items in your property. Claim deductions on the things you're about to throw away. Reach Out to Tyron Hyde: Washington Brown Website Email: tyron@washingtonbrown.com.au Claim It! Book by Tyron Hyde Give Us a Rate & Review! Thanks for joining us on today’s episode of the Property Secrets podcast – the show that provides you with an insider’s guide on how you can profit from buying, developing, or investing in property. If you enjoyed today’s episode, head over to iTunes and give us a rate and review to help us reach even more aspiring new entrepreneurs. Don’t forget to check out our website, visit us on Facebook, or check us out on Twitter to stay up-to-date on the what’s in store for you!
Tyron Hyde is the quantity surveyor of Washington Brown. In this episode of Property Investory you'll learn how to save your money.From travelling the world, to a degree in construction economics at UTS, to believing he was too old for property investing at 24; Hyde has learnt a lot about property investing in the real world, especially from his first steps into Washington Brown.Now head of Washington Brown, Hyde is the ruling voice when it comes to estimating construction costs, and improving investment portfolios for himself and his clients.Coming up you'll hear about his amazingly successful journey, and Hyde's brilliant strategy to double your property value.You'll learn all this and more in today's podcast. So jump on in!
Tyron Hyde is the quantity surveyor of Washington Brown. In this episode of Property Investory you'll learn how to save your money.From travelling the world, to a degree in construction economics at UTS, to believing he was too old for property investing at 24; Hyde has learnt a lot about property investing in the real world, especially from his first steps into Washington Brown.Now head of Washington Brown, Hyde is the ruling voice when it comes to estimating construction costs, and improving investment portfolios for himself and his clients.Coming up you'll hear about his amazingly successful journey, and Hyde's brilliant strategy to double your property value.You'll learn all this and more in today's podcast. So jump on in!
In the current investment space, there’s been much rhetoric surrounding housing affordability and the ways in which the government will curb investor interest with changes to policy. In light of the government’s budget announcement, Washington Brown director Tyron Hyde joins host Phil Tarrant for this episode of The Smart Property Investment Show to shed light on the government’s latest changes to property depreciation, outline what will or will not impact property investors, as well as explain how they can ensure they’re in the clear on recent purchases prior to the budget’s official release. Tune in now to hear all of this and much, much more, in this episode of The Smart Property Investment Show! Did you like this episode? Show your support by rating us on iTunes (The Smart Property Investment Show) and by liking and 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 insight! iTunes: apple.co/2tryShe Facebook: bit.ly/2rTJaom Twitter: bit.ly/2sSacBG LinkedIn: bit.ly/2sz7EFu www.smartpropertyinvestment.com.au www.washingtonbrown.com.au
In today’s super valuable episode we hear about the critical role a good Quantity Surveyor should be playing in your property investing... Our very special guest is one of the industry’s leading experts, CEO of Washington Brown, Tyron Hyde. If you own an investment property or have recently completed a renovation, then Tyron will help you discover money that you never even knew you had!