Episodes
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In this episode of "Talk Property To Me," Aaron had the pleasure of speaking with Sam Taylor, a former primary school teacher turned successful real estate agent. Sam shared his unique journey into the real estate industry, which began in 2018 after he developed a passion for property while helping his wife purchase their first home. He candidly discussed the challenges he faced in his early years, emphasising the importance of building a strong track record and the role of social proof in gaining client trust.
Sam's background in teaching has significantly influenced his approach to real estate. He believes that the trust associated with being an educator sets him apart in a field often plagued by negative stereotypes. He highlighted the importance of communication and relationship-building, which he honed during his teaching career, as key components of his success in real estate.
Throughout our conversation, Sam reflected on his most memorable sales, including his first sale of a block of land, which he secured through door knocking. He humorously recounted the challenges of prospecting and how he built a network of referrals by genuinely connecting with clients rather than relying on traditional cold-calling methods.
We also delved into current market trends, with Sam noting a recent flat spot in the market due to low stock levels and uncertainty around financing. He discussed how the market has evolved post-COVID and the impact of interest rates on buyer sentiment. Sam pointed out that while many buyers are concerned about overpaying for properties, long-term investment strategies remain crucial for success in real estate.
As we explored the dynamics between different buyer demographics, Sam shared insights on how first-time buyers and investors can differentiate themselves in a competitive market, particularly against downsizers who often prioritise lifestyle over price. He emphasised the importance of understanding the motivations behind buyers' decisions and how that can influence market trends.
Towards the end of our discussion, we touched on the future of the real estate industry, particularly the shift towards more independent business models like UrbanX, which supports agents with backend services. Sam shared his vision for his own business, focusing on mentorship and fostering a positive culture within his team.
This episode is packed with valuable insights for anyone interested in real estate, whether you're a buyer, investor, or aspiring agent. Sam's journey and perspective offer a refreshing take on the industry, highlighting the importance of relationships, community involvement, and a long-term mindset in achieving success.
00:00:00 - Introduction and Guest BackgroundWelcome back to Talk Property To Me with Aaron Downie and special guest Sam Taylor discussing his journey from teaching to real estate.
00:01:00 - Transition from Teaching to Real EstateSam shares his background as a primary school teacher and how his interest in real estate developed.
00:02:00 - Challenges in Early CareerDiscussion on the challenges faced in the first few years of real estate and the importance of building a track record.
00:03:00 - Setting Achievable GoalsSam talks about his goal-setting approach and the significance of being content in his new career.
00:04:00 - Trust and Background in Real EstateExploring how Sam's teaching background contributes to trust in his real estate practice.
00:05:00 - Memorable Sales ExperiencesSam reflects on his most memorable sale, including the importance of building relationships with clients.
00:06:00 - Prospecting PhilosophyDiscussion on Sam's philosophy of client service over traditional prospecting methods.
00:08:00 - Market Trends and ObservationsSam shares insights on current market trends and the impact of stock levels and buyer sentiment.
00:10:00 - Impact of COVID and Interest RatesExploring how COVID-19 and interest rate changes have influenced the real estate market.
00:12:00 - Buyer Behavior and Market SentimentDiscussion on how buyer behaviour has shifted from fear of missing out to fear of overpaying.
00:14:00 - Long-Term Investment PerspectiveSam emphasises the importance of long-term thinking in real estate investments.
00:16:00 - Demographics and Buyer MotivationsExploring how different demographics influence buyer motivations and decisions.
00:18:00 - Downsizing TrendsDiscussion on the trend of downsizing and its impact on the real estate market.
00:20:00 - Cash Buyers and Market StabilitySam talks about the influence of cash buyers on market stability despite economic fluctuations.
00:22:00 - Investor Strategies in Current MarketInsights into what investors are looking for in the current market and how they are adapting.
00:24:00 - Market Data and TrendsSam analyses market data and trends over the past decade in Newcastle and Lake Macquarie.
00:27:00 - Gentrification and Suburb ChangesDiscussion on the gentrification of suburbs and how perceptions of areas have changed.
00:30:00 - Future of Real Estate Business ModelsSam shares thoughts on the evolution of real estate business models and the role of UrbanX.
00:32:00 - Advice for New AgentsSam provides valuable advice for new agents and those looking to start their own brand.
00:34:00 - Importance of Mentorship and CultureDiscussion on the significance of mentorship and maintaining a positive office culture.
00:37:00 - Volume and Experience in Real EstateSam emphasises the importance of transaction volume for skill development in real estate.
00:39:00 - Conclusion and Final ThoughtsWrap-up of the discussion with key takeaways and appreciation for the insights shared.
ABOUT THE HOSTS
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.
Website β https://wisebuygroup.com.au
LinkedIn β https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram β https://www.instagram.com/bradeast_mortgagebroker/
Facebook β https://www.facebook.com/bradeastofficial
AARON DOWNIE
Joining the podcast in 2024, Aaron Downie is a seasoned property investor and director of Mackenzie Buyers Agency. Aaronβs deep understanding of the property market and investment strategies provides listeners with invaluable insights.
Website: https://www.mackenziepropertygroup.com.au/
Linkedin: https://www.linkedin.com/in/aaron-downie-1b2749134/
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In this episode of Talk Property To Me, we delved into the current state of the economy with the help of Joel Griffiths, an experienced accountant from Leenane Templeton. Joel, with nearly 25 years in the industry, provided valuable insights into the economic landscape and the impact of government spending on various sectors.
The discussion revolved around the recent inflation figures, disposable income, and productivity trends. We explored the question of whether the economy is in a recession, potentially masked by government spending, and the implications of further rate increases.
Joel highlighted the role of government spending in driving economic growth, particularly in the context of the upcoming election. We analysed the impact of high interest rates on rent prices and the challenges faced by households in managing utility costs amidst inflation.
The conversation also touched upon the disparity in household disposable income per capita compared to other OECD countries, indicating the strain on Australian households. We discussed the potential consequences of monetary policy on households and the need for a balanced approach to fiscal measures.
The podcast hosts also examined the predictions surrounding future rate increases and the dynamics of fixed rates in the market. They emphasised the importance of assessing individual financial situations and exploring refinancing options in the current economic climate.
Furthermore, the discussion extended to the retail sector, personal finance trends, and the implications of high assessment rates on borrowers. The hosts highlighted the significance of proactive financial management and the potential impact of government spending on the economy's long-term sustainability.
Overall, the episode shed light on the complex interplay between government policies, economic indicators, and individual financial decisions in shaping the current economic landscape. Joel's expertise provided valuable insights into navigating the challenges and opportunities in the evolving economic environment.
00:00:00 - Introduction and Background 00:05:30 - Government Spending and Economic Impact 00:10:00 - Interest Rates and Market Predictions 00:15:00 - Retail Sector and Household Finances 00:17:30 - Assessment Rates and Lender Strategies 00:20:00 - Government Spending for Election PurposesABOUT THE HOSTS
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.
Website β https://wisebuygroup.com.au
LinkedIn β https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram β https://www.instagram.com/bradeast_mortgagebroker/
Facebook β https://www.facebook.com/bradeastofficial
AARON DOWNIE
Joining the podcast in 2024, Aaron Downie is a seasoned property investor and director of Mackenzie Buyers Agency. Aaronβs deep understanding of the property market and investment strategies provides listeners with invaluable insights.
Website: https://www.mackenziepropertygroup.com.au/
Linkedin: https://www.linkedin.com/in/aaron-downie-1b2749134/
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Missing episodes?
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Welcome back to another episode of Talk Property To Me! In this episode, my co-host Aaron Downey and I delve into the crucial aspects of property selection for first-time investors. We build upon our previous discussion on finance and now focus on the key considerations when choosing the right property.
We kick off the episode by emphasizing the importance of location. We highlight the common mistake of investing in familiar areas without considering diversification. We stress the need to conduct thorough market research, considering factors like proximity to reputable schools, public transport accessibility, and amenities.
Moving on to property types, we differentiate between residential and commercial properties. While commercial properties offer high returns, they require larger deposits and active leases, making them less suitable for first-time investors. We emphasize the significance of choosing the right property type based on investment goals and strategies.
The discussion then shifts to the long-term outlook of the chosen property. We explore how economic trends, development projects, and scarcity can impact property values and rental returns. We stress the importance of considering owner-occupied appeal and scarcity to attract tenants and maximize investment returns.
Lastly, we touch on the importance of staying updated with market trends and seeking professional advice when needed. We encourage listeners to educate themselves and consider reaching out to experts like Aaron for guidance in making informed property investment decisions.
Overall, this episode provides valuable insights into the intricate process of property selection, guiding first-time investors towards making sound investment choices. Tune in to our website for more episodes and resources to enhance your property investment journey. Thank you for listening, and we look forward to sharing more insights in our next episode!
00:00:00 - Introduction to Property Selection 00:05:30 - Importance of Location in Property Selection 00:10:50 - Conducting Market Research for Property Selection 00:12:58 - Choosing the Right Property Type 00:16:44 - Considering Long-Term Outlook for Property Selection 00:22:14 - Scarcity and Owner-Occupied Appeal in Property Selection 00:25:43 - Staying Updated in Property SelectionABOUT THE HOSTS
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.
Website β https://wisebuygroup.com.au
LinkedIn β https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram β https://www.instagram.com/bradeast_mortgagebroker/
Facebook β https://www.facebook.com/bradeastofficial
AARON DOWNIE
Joining the podcast in 2024, Aaron Downie is a seasoned property investor and director of Mackenzie Buyers Agency. Aaronβs deep understanding of the property market and investment strategies provides listeners with invaluable insights.
Website: https://www.mackenziepropertygroup.com.au/
Linkedin: https://www.linkedin.com/in/aaron-downie-1b2749134/
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Welcome back to another episode of Talk Property to Me! In this episode, my co-host Aaron Downey and I dive into the world of first-time property investors in Australia, focusing specifically on the finance aspect. This episode is part one of a two-part series, with the next episode delving into the property side of things.
We kick off the episode by discussing the crucial question of how much deposit is needed for first-time property investors. We explore the concept of lenders mortgage insurance (LMI) and its impact on deposit requirements. We also touch on the option of using a guarantor to increase the deposit amount and avoid LMI.
Moving on, we delve into government schemes available for first-time homebuyers in Australia, particularly in New South Wales. We highlight schemes like the first home loan deposit scheme and stamp duty exemptions, emphasising the eligibility criteria and benefits for first-time buyers.
Next, we shift our focus to understanding how banks assess borrowing capacity for potential property investors. We break down the calculation process, including net income, living expenses, and loan repayments. We stress the importance of managing existing debts like credit cards to improve borrowing capacity.
In a thought-provoking segment, we discuss the strategy of rent vesting for individuals who cannot afford to buy property in their desired location. We explore the concept of investing in more affordable markets while renting in a preferred area, highlighting the potential benefits and considerations for this strategy.
Wrapping up the episode, we touch on the significance of financial discipline and strategic planning for aspiring property investors. We emphasise the need to assess individual financial situations, explore alternative options, and make informed decisions to achieve property ownership goals.
Join us next week for part two of our series, where we will delve into the property side of first-time property investment in Australia. Stay tuned for more insights, tips, and advice on navigating the property market as a first-time investor.
Thank you for tuning in to Talk Property to Me! Remember to connect with us on our social media platforms and reach out with any questions or topics you'd like us to cover in future episodes. See you next time!
00:00:02 - Introduction to Finance Tips for First Time Property Investors
00:02:12 - Explanation of Lenders Mortgage Insurance (LMI)
00:03:29 - Tips for Saving a Deposit
00:08:55 - Overview of Government Schemes for First Home Buyers
00:11:30 - How Banks Assess Borrowing Capacity
00:16:13 - Impact of Credit Cards on Borrowing Capacity
00:18:49 - Considerations Before Buying Property When Planning for Kids
00:21:47 - Introduction to Rent Vesting Strategy
00:25:25 - Conclusion and Preview of Part Two
ABOUT THE HOST
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.
Website β https://wisebuygroup.com.au
LinkedIn β https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram β https://www.instagram.com/bradeast_mortgagebroker/
Facebook β https://www.facebook.com/bradeastofficial
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Welcome back to Talk Property to Me! In this episode, my co-host Brad East and I delve into the predicted growth areas in each state in the sub-800k market segment. We use an algorithm that considers historical data, infrastructure spending, supply and demand metrics, quality of schools, and socioeconomic factors to identify these high-growth areas.
We start by discussing the importance of school quality in property investment decisions, sharing personal experiences of how it influenced our own property choices. We emphasize the significance of analyzing sub-markets and understanding the demographics and preferences of potential buyers or renters in different price points.
Moving on to specific states, we highlight the Barossa Valley in South Australia and Maitland in New South Wales as promising areas for future growth due to their affordability, stable rental increases, and favorable market metrics. In Queensland, Ipswich and Breland Point stand out as potential high-growth areas, while in Victoria, Melton and Brimbank are identified as key locations to watch.
We caution against investing in areas with limited data or high days on the market, such as Zuccoli in the Northern Territory. In Western Australia, Cockburn emerges as a potential investment hotspot due to its coastal location and affordability, despite concerns about long-term growth sustainability.
Throughout the episode, we stress the importance of thorough research and due diligence when selecting investment properties, advising listeners to focus on location, lifestyle amenities, and market demand. We conclude by encouraging listeners to invest where people want to live, rather than solely focusing on tax benefits or short-term gains.
Join us on the next episode of Talk Property to Me as we continue to explore the dynamic world of property investment and share valuable insights to help you make informed decisions in the real estate market. Thank you for tuning in!
00:00:00 - Introduction to Predicted Growth Areas 00:05:30 - Discussion on Barossa Valley in South Australia 00:10:54 - Analysis of Ipswich in Greater Brisbane, Queensland 00:13:38 - Focus on Melton in Greater Melbourne, Victoria 00:14:11 - Exploration of Horsham in Regional Victoria 00:16:37 - Examination of Cockburn in Perth, Western Australia 00:19:20 - Mention of Palmerston in Darwin, Northern Territory 00:21:45 - Emphasis on Lifestyle Locations for Investment OpportunitiesABOUT THE HOST
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.
Website β https://wisebuygroup.com.au
LinkedIn β https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram β https://www.instagram.com/bradeast_mortgagebroker/
Facebook β https://www.facebook.com/bradeastofficial
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In this episode of Talk Property To Me, I had the pleasure of speaking with Cameron from Waterford Financial Planners about self-managed super funds (SMSFs). We delved into the intricacies of setting up and managing an SMSF, exploring the differences between SMSFs and industry funds, the advantages of leveraging assets within an SMSF, and the various investment options available.
Cameron highlighted the importance of seeking independent advice and avoiding one-stop-shop solutions that may lead to potential conflicts of interest. We discussed real-life examples of successful SMSFs as well as cautionary tales of SMSFs gone wrong, emphasising the need for careful planning and due diligence.
Throughout the episode, we covered key topics such as the setup process, compliance requirements, tax implications, and considerations for retirement planning within an SMSF. Cameron provided valuable insights into the complexities of SMSF lending, the importance of proper structuring, and the potential pitfalls to avoid.
We concluded by stressing the significance of conservative investment strategies, the minimum fund size for SMSF lending, and the importance of seeking professional advice when navigating the world of self-managed super funds.
Listeners were encouraged to reach out to Cameron at Waterford Financial Services for personalised advice and assistance with their SMSF queries. Whether seeking clarification on SMSF setup or evaluating the effectiveness of an existing SMSF structure, Cameron and his team are ready to provide expert guidance and support.
Tune in to this episode for a comprehensive overview of self-managed super funds, packed with practical insights and expert advice to help you make informed decisions about your retirement savings.
00:00:01 - Introduction to Self-Managed Super Funds
00:05:17 - Steps to Set Up a Self-Managed Super Fund
00:10:02 - Limited Recourse Borrowing Arrangement
00:11:05 - Compliance and Audits for Self-Managed Super Funds
00:12:39 - Taxation in Self-Managed Super Funds
00:13:53 - Retirement Options and Pension Phase
00:15:49 - Real-Life Examples of Successful Self-Managed Super Funds
00:18:20 - Importance of Independent Advice in Self-Managed Super Funds
00:21:46 - Considerations for Separation or Death in Self-Managed Super Funds
00:22:30 - Minimum Fund Size for Self-Managed Super Fund Lending
ABOUT THE HOST
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.
Website β https://wisebuygroup.com.au
LinkedIn β https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram β https://www.instagram.com/bradeast_mortgagebroker/
Facebook β https://www.facebook.com/bradeastofficial
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In this episode of Talk Property To Me, real estate expert Aaron Downie joins Brad East to unpack the nuances of investing in houses versus apartments. As an experienced investor with a keen eye for market dynamics, Aaron offers practical insights on the hotly debated topic of real estate investing.
Discover the key factors to consider when choosing between houses and apartments, such as location, market trends, rental yields, and long-term appreciation potential. Learn from real-world examples and expert analysis to find the investment strategy that works best for you.
Whether youβre a seasoned investor or just starting, this video will provide valuable tips and strategies to enhance your portfolio. Don't miss out on the opportunity to gain a deeper understanding of the real estate market and maximize your returns.
Join our exclusive Facebook group for ongoing support and expert advice on Australian finance and real estate. β https://www.facebook.com/groups/talkpropertytome
Follow our podcast instagram here β https://www.instagram.com/talkpropertytomepodcast/
Subscribe to our channel for more expert advice on real estate investing, market trends, and financial growth strategies. Hit the notification bell so you never miss an update!
Timestamped summary of this episode:
00:00:13 Debunking the Myth: Houses vs. Apartments as Investments
Exploring the misconception of only buying houses as an investment strategy, highlighting the importance of market analysis and investment strategy in property investment.
00:01:55 Pros and Cons of Apartments vs. Houses
Discussing the affordability and lower entry price of apartments, maintenance considerations, rental yield, amenities, and capital growth in comparison to houses.
00:04:23 Considerations for Apartment Investment
Exploring factors like body corporate fees, maintenance costs, and historical capital growth rates in apartments, while considering future trends and market dynamics.
00:06:21 Size and Investment Potential of Apartments
Examining the size differences between apartments and houses, and showcasing a successful investment case of a large apartment with significant returns.
00:07:38 Advantages of Houses as Investments
Highlighting the capital growth, land ownership, space, privacy, and maintenance costs associated with investing in houses over apartments.
00:09:39 Luxury Amenities in Property Buildings
Discussion on the cost and benefits of properties with luxury amenities like teppanyaki bars and cinemas for renters and owners.
00:11:14 Best Performing Suburbs in Australia
Analysis of the highest performing suburbs in Australia over the past twelve months, with significant growth rates in Gumdale, Ellen Grove, Keilor East, and Rosebud.
00:13:45 Top Growth in Apartment Suburbs
Highlighting the substantial growth in apartment suburbs like Tennyson, Grange in Brisbane, and Doncaster East in Melbourne, with impressive annual growth rates.
00:15:43 Worst Performing Suburbs
Exploring the decline in suburbs like O'Connor and Wannan in Canberra for houses, and Forrest in Canberra, East Lakes in Sydney, and Macquarie Park for apartments over the last twelve months.
00:17:00 Decade of Growth in Suburbs
Insights into the top performing suburbs over the past ten years, showcasing significant increases in areas like Byron Bay, Bright in Victoria, Suffolk Park, and Kingscliffe.
00:19:46 Top Performing Suburbs for Apartments
Discussion on top-performing suburbs for apartments, including Jindabyne and Kings Cliff, with notable growth percentages over the years.
00:21:24 Factors Influencing Property Prices
Exploration of factors like infrastructure, population growth, and market demand affecting property prices in different suburbs.
00:22:27 Apartments as Valuable Assets
Highlighting the long-term value of apartments, emphasizing diversification and low maintenance costs as key advantages.
00:23:24 Trend of Downsizing to Apartments
Observations on the trend of downsizing to apartments, particularly by the aging population, driving demand and growth in certain Sydney suburbs.
00:24:47 Diversification in Property Investment
Encouragement for diversifying investment portfolios, considering apartments as a viable option for first-time investors.
ABOUT THE HOST
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.
Website β https://wisebuygroup.com.au
LinkedIn β https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram β https://www.instagram.com/bradeast_mortgagebroker/
Facebook β https://www.facebook.com/bradeastofficial
#realestate #propertyinvestment #podcast #finance #propertypodcast
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In this episode of Talk Property To Me, real estate agent Luke Morrison joins Brad East to reveal the impact of compounding over decades. Luke Morrison is a seasoned real estate professional with over a decade of experience in the Newcastle market. His data-driven approach empowers clients to make informed investment decisions.
Learn how waiting a few years can mean missing out on substantial gains and why "timing the market" often backfires. Don't let fear or indecision rob you of life-changing wealth. Unlock the secrets of compounding growth and take control of your financial future now.
Join our exclusive Facebook group for ongoing support and expert advice on Australian finance and real estate. β https://www.facebook.com/groups/talkpropertytome
Follow our podcast instagram here β https://www.instagram.com/talk_property_to_me_podcast/
Timestamped summary of this episode:
00:00:01 The Power of Compounding Growth in Property Investment
Luke Morrison explains how waiting to save a larger deposit can cost around $900,000 over a four-year period due to compounding growth in property values.
00:03:13 The Importance of Acting Now in the Property Market
Brad emphasizes the urgency of buying property now, highlighting that waiting for better conditions or interest rates can be costly in the long term.
00:06:05 The Strategy of Boomers in Property Investment
Discussion on how boomers accumulated wealth by buying property early, sitting on it, and then downsizing at retirement, showcasing the benefits of long-term property ownership.
00:07:56 Media Influence on Consumer Behavior in Property Market
Exploration of how media influences consumer behavior in response to interest rate speculations, and the recommendation to refinance home loans to benefit from lower rates.
00:09:09 Advice on Refinancing Home Loans for Cost Savings
Encouragement for homeowners to proactively refinance their home loans to secure lower rates and save money, emphasizing the importance of shopping around for better deals.
00:10:09 Uncovering Bank Tactics with Interest Rates
Banks manipulate interest rates by reducing discounts over time, urging listeners to review bank statements and negotiate for lower rates by threatening to refinance.
00:11:24 Taking Control of Home Loan Discounts
Encouragement to challenge banks for rate reductions, highlighting the potential savings and financial gains from negotiating home loan discounts.
00:12:21 Overcoming Initial Costs in Property Investment
Emphasizing the short-term costs like LMI and stamp duty are quickly offset by property value growth, advocating for taking the leap into the market.
00:13:32 Timing the Real Estate Market
Advising to enter the property market now due to predicted interest rate drops and increasing property values, discussing factors influencing market growth.
00:16:48 Long-Term Wealth Building through Property Investment
Highlighting the significance of compounding growth in property investment over 30 years, contrasting it with other investment options for long-term wealth accumulation.
ABOUT THE HOST
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.
Website β https://wisebuygroup.com.au
LinkedIn β https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram β https://www.instagram.com/bradeast_mortgagebroker/
Facebook β https://www.facebook.com/bradeastofficial
#realestate #propertyinvestment #podcast #finance #propertypodcast
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How Mortgage Brokers Save You Money While Banks Rip You Off
In this episode of Talk Property To Me, you'll dive into the complexities of borrowing for property investment with guest Toby Woodroffe, an experienced mortgage broker. He shares insights on the importance of seeking expert guidance when navigating the lending landscape, drawing from his professional experience to emphasize the potential pitfalls of attempting to navigate the lending process alone. The conversation touches on securing lending for multiple investment properties, banks' strategies, and the significance of establishing relationships with knowledgeable local mortgage brokers. Woodroffe's expertise and practical advice provide a credible basis for listeners seeking to invest in property, highlighting the value of professional guidance and long-term support. Whether you're a homebuyer or property investor, tuning in to this episode will arm you with valuable insights to make informed decisions and effectively navigate the lending landscape.
Timestamped summary of this episode:
00:00:02 - The Role of Mortgage Brokers
Brad and Toby discuss the value of mortgage brokers and why they are essential in the home loan process. Toby debunks misconceptions about broker income and fees.
00:03:37 - Banks' Profit Margins and Mortgage Brokers
Toby explains how the decreasing net interest margins of banks are linked to the increasing market share of mortgage brokers. This relationship sheds light on why banks may view brokers as a threat.
00:10:51 - Best Interest Duty and Broker Expertise
The conversation delves into the best interest duty legislation and how brokers are required to act in the best interest of their clients. The expertise and access to multiple lenders make brokers a valuable resource for borrowers.
00:13:25 - Broker Commission and Client Benefits
Brad emphasizes that brokers do not charge clients and are compensated through commissions from lenders. The discussion highlights the importance of expert advice and access to a wide range of options for borrowers.
00:14:21 - The Role of Mortgage Brokers
Toby emphasizes the value of mortgage brokers in navigating complex lending processes, highlighting their ability to secure the best outcomes, especially in the investing space.
00:15:13 - Risks of Directly Approaching Banks
Toby discusses the potential pitfalls of directly approaching banks for property investment loans, including cross collateralization and the limitations it poses on future property acquisitions.
00:16:26 - Importance of Seeking Professional Advice
Toby advises against relying solely on media and encourages seeking advice from reputable local mortgage brokers to avoid costly mistakes and ensure long-term positive relationships.
00:16:53 - Lack of Bank Support
Toby highlights the lack of ongoing support from banks after loan approval and the importance of having access to professional guidance for navigating the complexities of the property market.
00:17:29 - Conclusion and Call to Action
Brad and Toby sign off, urging listeners to engage in the social media community and seek professional advice for any property-related questions or concerns.
ABOUT THE HOST
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.
Website β https://wisebuygroup.com.au
LinkedIn β https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram β https://www.instagram.com/bradeast_mortgagebroker/
Facebook β https://www.facebook.com/bradeastofficial
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In the podcast episode, Aaron Downie joins host Brad East to share his insights on property investment strategies and market trends. As an experienced investor with a keen eye for analyzing market dynamics, Aaron offers practical perspectives on the controversial topic of investing in Perth. Through his personal experiences and expertise, he delves into the nuances of investing in units versus houses, emphasizing the significance of local market analysis. The discussion also highlights the impact of heavy reliance on mining in the Western Australian economy and the need to consider macroeconomic factors when making investment decisions. Aaron's practical approach and real-world examples make the content relatable and accessible, providing valuable insights for property investors seeking to make informed decisions. His expertise, combined with the host's industry background, lends credibility to the conversation, offering a thought-provoking exploration of property investment strategies and market dynamics. If you're seeking to gain a deeper understanding of the complexities of property investment and want to make informed decisions in the Perth market, this episode is a must-listen, offering valuable insights and practical perspectives to guide your investment journey.
Timestamped summary of this episode:
00:00:02 - The Controversy of Perth as an Investment Location
Brad and Aaron discuss the controversial topic of investing in Perth, addressing the current market talk and reasons why some believe it's the best investment place.
00:04:42 - Perth's Reliance on the Mining Sector
The conversation delves into the significant reliance of Perth's economy on the mining sector, with Aaron highlighting the massive 59% contribution of mining to the Western Australian economy.
00:09:17 - Affordability Crisis and Investment Strategies
Brad emphasizes the affordability crisis as a primary reason for investing in Perth, while also discussing the importance of considering different investment strategies and long-term goals.
00:13:53 - Units vs. Houses: Investment Considerations
Aaron challenges the generalization that land appreciates more than strata-titled properties, highlighting the importance of considering factors such as supply and demand in the market when evaluating investment options.
00:15:21 - Case Study: House vs. Unit Investment
The hosts share a real-life example of a client's bias towards purchasing a house over a unit, demonstrating the importance of challenging preconceived notions and considering all investment options.
00:15:41 - Investing in Units vs. Houses
Aaron and Brad discuss the pros and cons of investing in units vs. houses, emphasizing the importance of analyzing the local market and growth potential.
00:16:48 - Suburb Growth and Investment
The conversation shifts to comparing suburb growth in Newcastle, highlighting the significant difference in growth between different areas and the impact on investment choices.
00:18:14 - Risks in the Perth Market
The focus turns to the Perth market, with concerns raised about its heavy reliance on mining and the potential impact of macroeconomic factors on property investments.
00:19:47 - Diversifying Investment Locations
Aaron and Brad advocate for diversifying investment locations, suggesting alternative markets like Adelaide and Newcastle due to their consistent long-term growth and lower reliance on specific industries.
00:22:27 - Conclusion and Call to Action
The episode wraps up with a reminder to listeners to consider the long-term data and trends in potential investment locations, and to reach out with any questions or topic requests for future episodes.
ABOUT THE HOST
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.
Website β https://wisebuygroup.com.au
LinkedIn β https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram β https://www.instagram.com/bradeast_mortgagebroker/
Facebook β https://www.facebook.com/bradeastofficial
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In this episode of Talk Property To Me, Brad East chats with Aaron Downie, a seasoned expert from Mackenzie Buyer's Agency, sharing valuable insights on property investment and the ideal timing for purchasing property. Aaron's extensive experience in navigating the property market and his practical approach make him a relevant and credible voice on the podcast. The conversation covers the urgency of taking action in the property market, debunking the myth of trying to out-save market growth, and emphasizing the importance of seizing opportunities aligned with long-term goals. Aaron's personal anecdotes and practical advice provide a refreshing perspective, offering listeners valuable insights into the complexities of property investment and the significance of informed decision-making. The episode not only challenges common misconceptions but also lays the groundwork for future discussions on specialized property investment topics, making it a must-listen for potential property buyers looking to make strategic and confident investment decisions.
Timestamped summary of this episode:
00:00:24 - The Best Time to Buy an Investment Property
Brad and Aaron discuss the common question of when is the best time to buy an investment property. They emphasize that interest rates are just one factor and share examples of successful market timing.
00:03:16 - Taking Advantage of Market Conditions
Brad shares his personal experience of purchasing property during a time of market uncertainty and seeing significant growth in a short period. Aaron highlights the importance of understanding supply and demand dynamics in a market, rather than solely relying on interest rates.
00:06:40 - The Long-Term Perspective on Property Investment
The conversation delves into the long-term nature of property investment, emphasizing that property should be viewed as a long-term asset. They discuss the pitfalls of tracking property prices daily and the transactional costs of selling property.
00:09:28 - Influence of External Factors on Property Decisions
Brad and Aaron touch on the influence of external factors, such as parental advice and media narratives, on property decisions. They caution against taking advice from individuals who may not be where you want to be in terms of property ownership.
00:12:06 - Impact of Procrastination on Property Purchases
The discussion addresses the consequences of procrastination in property purchases, particularly when individuals have pre-approval but delay buying, only to find themselves priced out of the market. They highlight the compound loss over time due to delaying property purchase decisions.
00:13:43 - Urgency of Taking Action
Aaron emphasizes the importance of taking action in the property market without waiting. He highlights how borrowing capacities have decreased for some, stressing the need to align expectations and not try to out-save the market.
00:15:24 - Best Time to Buy
Brad and Aaron discuss the best time to buy a property, focusing on the importance of establishing short and long-term goals, regardless of whether it's for owner-occupiers or investors. They emphasize the need to buy as soon as one is able to.
00:17:16 - Rent Vesting Strategy
The conversation shifts to the rent vesting strategy, which has become popular in expensive markets like Sydney and Newcastle. They highlight the challenges of affordability and the impact of various financial factors on purchasing decisions.
00:18:22 - Overcoming Barriers to Purchase
Brad and Aaron discuss the willingness to buy property using lenders mortgage insurance and the opportunity cost of waiting to avoid such costs. They stress the importance of considering it as a cost of purchase and not delaying the buying process.
00:19:52 - Future Topics and Engagement
Brad and Aaron preview upcoming podcast topics, including an in-depth look at the Perth market, strata titled and titled properties, units versus houses, and new versus old properties. They encourage audience engagement for suggestions on future topics.
ABOUT THE HOST
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.
Website β https://wisebuygroup.com.au
LinkedIn β https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram β https://www.instagram.com/bradeast_mortgagebroker/
Facebook β https://www.facebook.com/bradeastofficial
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In this episode of Talk Property To Me, Cameron Smith from Waterford Financial Services joins host Brad East to dive into the intricacies of the Consumer Price Index (CPI) and its impact on interest rates. With Smith's expertise in finance and economic trends, he offers valuable insights into the trends in inflation, the analysis of CPI groupings, and the influence of the education sector on inflation. The conversation provides a critical perspective on the complex relationship between inflation, interest rates, and economic trends, emphasizing the need for a nuanced understanding of various factors that contribute to price fluctuations. By delving into the potential implications of economic factors on different sectors and consumer behaviour, this episode equips property investors and finance professionals with nuanced economic insights, enabling them to make informed decisions based on a deeper understanding of economic trends. Whether you're seeking to grasp the impact of CPI on interest rates or understand the unpredictability of economic trends, this episode offers valuable perspectives for navigating the complex world of finance and property investment.
Timestamped summary of this episode:
00:00:00 - Introduction and Season Update
Brad introduces Cameron Smith from Waterford Financial Services and announces Casey's temporary absence from the podcast. They discuss the start of season two and upcoming episodes.
00:02:18 - Predictions for RBA Decision
Brad and Cameron discuss their predictions for the RBA decision happening that day. They talk about the potential rise in interest rates later in the year and how economists' predictions have changed.
00:04:46 - Breakdown of CPI Groupings
Brad breaks down the CPI groupings, discussing the inflation figures for different categories such as food, clothing, housing, health, and education. They analyse the impact of each category on inflation.
00:09:32 - Impact of Education Sector on Inflation
Brad and Cameron delve into the significant increase of 5.9% in the education sector and its impact on inflation. They discuss the reasons behind the spike and its implications for individuals with HECS debt.
00:13:31 - The Role of Interest Rates in Inflation
Brad and Cameron debate the effectiveness of increasing interest rates to control inflation, particularly in sectors like education and insurance. They question the impact of interest rates on various demographics and sectors in the economy.
00:14:28 - Trends in Insurance Premiums
Cameron discusses the fluctuations in insurance premiums over the past few years, with some companies increasing policies by 515 percent in a year. He predicts a holding pattern for the rest of the year.
00:15:27 - Impact on Retail Sectors
Cameron highlights the potential negative impact of increasing home loans on retail sectors like clothing and food. He believes that increasing rates will not help these already struggling sectors.
00:16:14 - Potential Economic Factors
Cameron mentions the potential impact of war on shipping channels and the cost of imported goods. He discusses the possibility of a 0.25 increase and its minimal effect on people.
00:16:59 - Understanding Inflation
Cameron emphasizes the importance of understanding inflation as an average of subgroupings. He mentions that the RBA considers these subgroupings when making decisions.
00:17:42 - Conclusion and Call to Action
Brad and Cameron wrap up the conversation, encouraging listeners to provide feedback on the content and suggest topics for future episodes.
ABOUT THE HOST
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.
Website β https://wisebuygroup.com.au
LinkedIn β https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram β https://www.instagram.com/bradeast_mortgagebroker/
Facebook β https://www.facebook.com/bradeastofficial
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In this episode of Talk Property To Me, Luke Morrison from Belle Property in Newcastle shares valuable insights into the current property market in Newcastle and Lake Macquarie. As a specialist in the Minmi Fletcher and Maryland areas, Luke's expertise shines through as he discusses the strong market in the 500,000 to 1.5 million price range, particularly for first home buyers. He highlights the high demand in this bracket and the influx of buyers from inner-city Newcastle looking for larger family homes in outer areas like Fletcher. Luke also addresses the challenges of affordability in the region, pointing out the rising property prices and the impact on first home buyers. Additionally, the discussion covers the impact of COVID-19 on the real estate market, buyer behavior shifts, and the use of auctions versus private treaties.
Timestamped summary of this episode:
00:00:00 - Introduction and Property Market Overview
The hosts introduce the guest, Luke Morrison from Bell Property in Newcastle, and discuss the property market in Newcastle and Lake Macquarie. They question whether the area has missed the boat in terms of property growth and discuss further potential growth.
00:06:21 - Demand for Properties and Auctions
Luke mentions increased open home numbers and outer area buyers showing interest in properties. He discusses the effectiveness of auctions for properties over 1.2 million in creating a sense of urgency and maximizing buyer engagement.
00:10:08 - Rising Property Values and Affordability
The conversation delves into the significant increase in property values (38.4%) compared to income growth (20%) since the start of COVID. They highlight the affordability issue in Newcastle and Lake Macquarie, making it challenging for first home buyers to enter the market.
00:11:25 - First Home Buyers Challenges
Luke elaborates on the challenges faced by first home buyers, including the increase in average first home buyer budget to around 900k and the difficulties in finding properties below 800k to benefit from stamp duty concessions.
00:11:58 - Stamp Duty Benefits and Property Prices
The conversation concludes with a discussion on the sliding scale of stamp duty benefits based on property prices and the challenges of finding properties below 800k amidst rising property prices in the area.
00:12:27 - Property Market in Newcastle
Luke discusses the current property market figures in the north Lampton area and the potential for property value increase in Lake Macquarie Newcastle areas.
00:13:09 - Predictions on Interest Rate Decrease
The discussion revolves around predictions of interest rate decreases by economists, and the potential impact on property prices.
00:15:11 - Impact of Rate Decrease on Property Prices
The conversation delves into the psychology of rate decreases leading to increased property prices, and the potential half a percent decrease before the end of the year.
00:16:44 - Market Activity During School Holidays
The hosts discuss the impact of school holidays on market activity, with expectations of a slight dip and a potential boom after Anzac day.
00:19:45 - Impact of Age on Tolerance for Alcohol
The conversation takes a turn towards personal experiences with alcohol, discussing the impact of age on the tolerance for alcohol and the decision to stay sober.ABOUT THE HOSTS
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.Website β https://wisebuygroup.com.au
LinkedIn β https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram β https://www.instagram.com/bradeast_mortgagebroker/
Facebook β https://www.facebook.com/bradeastofficial
CASEY TAYLOR
Casey Taylor is the Managing Director of Taylored Property Welth who specializes in helping clients purchase high-performing investment properties. Casey has a huge amount of knowledge when it comes to property investment and will be sharing this with the listeners.Website β https://tayloredpropertywealth.com.au
LinkedIn β https://www.linkedin.com/in/wealth-property-buyersagent-investment-financialfreedom/
Instagram β https://www.instagram.com/casey.taylor_tpw_buyersagent/
Facebook β https://www.facebook.com/tayloredpropertywealth
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In this episode of Talk Property To Me, hosts Brad East and Casey Taylor engage in a comprehensive analysis of the RBA meeting, economic indicators, and property market trends, offering valuable insights for listeners looking to understand the current landscape and make informed decisions in the property and finance sectors. With Casey's expertise, the conversation delves into the impact of RBA decisions on interest rates and inflation, challenges in the construction industry and housing supply, migration trends and housing demand, investor lending and property market confidence, and rental market pressures. With a critical perspective on economic and market forecasts, the episode emphasizes the importance of informed decision-making and thorough research for property investments and buying property. Casey's insights make this episode essential listening for property investors and potential homebuyers, providing a nuanced understanding of the complexities of the property market and guiding listeners towards informed decision-making in their property ventures.
Timestamped summary of this episode:
00:00:00 - RBA Meeting and Interest Rates
The RBA meeting held interest rates at 4.35%, citing concerns about rising fuel prices and inflation. Speculation about potential rate cuts in the future, with economists predicting a possible reduction by the end of the year.
00:07:50 - Property Market Numbers
Building approvals are significantly below the government's target, while overseas migration is increasing demand for housing. Despite more people coming into the country, construction businesses are collapsing, making it challenging to meet housing demands.
00:11:25 - Builder Caution and Listing Levels
Caution advised when choosing a builder due to the risk of builders going bankrupt. Listing levels are below five-year averages, leading to a shortage of available properties in the market.
00:12:34 - Investor Confidence and Rental Market
Investor lending is up 18.5%, indicating increased confidence in the property market. Low vacancy rates in major cities are putting pressure on the rental market, making it difficult to find available properties.
00:13:38 - Property Market Trends and Demand
Current property market trends reflect extremely low vacancy rates and minimal days on the market for properties, indicating high demand and strong investor interest in the market.
00:14:14 - Property Market Trends
Brad and Casey discuss the current property market trends, noting increased days on the market and varying growth rates across cities.
00:14:56 - City-specific Growth
The conversation highlights the growth rates in Sydney, Melbourne, Brisbane, Adelaide, and Perth, with some cities performing strongly while others remain flat.
00:16:09 - Quarterly Performance
Quarterly growth rates are compared, with Brisbane, Adelaide, and Perth showing significant growth, while Melbourne and Sydney have varied performances.
00:17:19 - Rental Income and Gross Yields
The discussion covers the annual change in rents and the impact on gross yields, with Perth, Melbourne, and Adelaide showing substantial increases in rental income.
00:19:30 - Future Market Outlook
The conversation concludes with a positive outlook for the property market, emphasizing the importance of taking action now before rates reduce and competition increases.
ABOUT THE HOSTS
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.Website β https://wisebuygroup.com.au
LinkedIn β https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram β https://www.instagram.com/bradeast_mortgagebroker/
Facebook β https://www.facebook.com/bradeastofficial
CASEY TAYLOR
Casey Taylor is the Managing Director of Taylored Property Wealth who specializes in helping clients purchase high-performing investment properties. Casey has a huge amount of knowledge when it comes to property investment and will be sharing this with the listeners.Website β https://tayloredpropertywealth.com.au
LinkedIn β https://www.linkedin.com/in/wealth-property-buyersagent-investment-financialfreedom/
Instagram β https://www.instagram.com/casey.taylor_tpw_buyersagent/
Facebook β https://www.facebook.com/tayloredpropertywealth
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Can you time the real estate market? Discover the secrets of the 18.6-year property cycle and learn how to predict market trends for successful investments.
Join hosts Brad East and Casey Taylor on "Talk Property To Me" as they demystify the 18.6-year property cycle. Based on the work of Fred Harrison and Phil Anderson, this theory offers a unique lens for analyzing market patterns. Learn about the cycle's phases, historical evidence, and how to leverage this knowledge to make informed real estate decisions.
Prepare for the next market shift! Join our exclusive Facebook group for ongoing support and expert advice on Australian finance and real estate.
β https://www.facebook.com/groups/talkpropertytome
Follow our podcast instagram here β https://www.instagram.com/talk_property_to_me_podcast/
EPISODE IN A GLANCE
00:00 - The 18.6 year real estate cycle theory and its origins from Phil Anderson's book "The Secret Life of Real Estate and Banking." the different phases of the cycle - the first half, mid-cycle slowdown, and second half, with examples of past events triggering the slowdowns.
01:11 - Inspirations & Cycle Start: Discussing inspirations like Fred Harrison's work, pinpointing the start of the current cycle after the GFC recovery, and the mindset for investors.
03:32 - Market Timing: Warnings against trying to precisely time market cycles and identifying potential opportunities to buy according to the theory.
04:48 - Mid-Cycle: Characteristics of the mid-cycle slowdown phase, cities outperforming, factors triggering it, and expected market corrections.
06:52 - Second Half & Peak: Dynamics of the second half rally, cities benefiting, escalating demand/FOMO towards the "winner's curse" peak.
08:44 - Predictions & Australia: Predicted timing of the next major correction, caveats about theories, and characteristics of the Australian property market.
10:23 - Market Influence & Strategies: The importance of residential property to the Australian economy and strategies for preparing portfolios before a correction.
13:37 - Being Proactive & Indicators: Advice on being proactive, market signals like days on market/vendor discounts, and role of interest rates.ABOUT THE HOSTS
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.Website β https://wisebuygroup.com.au
LinkedIn β https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram β https://www.instagram.com/bradeast_mortgagebroker/
Facebook β https://www.facebook.com/bradeastofficial
CASEY TAYLOR
Casey Taylor is the Managing Director of Taylored Property Welth who specializes in helping clients purchase high-performing investment properties. Casey has a huge amount of knowledge when it comes to property investment and will be sharing this with the listeners.Website β https://tayloredpropertywealth.com.au
LinkedIn β https://www.linkedin.com/in/wealth-property-buyersagent-investment-financialfreedom/
Instagram β https://www.instagram.com/casey.taylor_tpw_buyersagent/
Facebook β https://www.facebook.com/tayloredpropertywealth
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Have you been dreaming of investing in real estate but feel discouraged by the need for a massive down payment? What if we told you there's a way to purchase an investment property with zero cash down?
That's right β no deposit required!
In this episode of the "Talk Property To Me" podcast, hosts Casey Taylor and Brad East delve into a powerful strategy that allows you to leverage existing equity to acquire investment properties without a traditional cash deposit. They break down the mechanics of this approach, illustrating how the compounding effects of capital growth can rapidly build usable equity over time. Additionally, they share insights on minimizing interest costs and maximizing the power of disciplined overpayments to slash years off your mortgage term.
Ready to dive deeper into the zero deposit strategy and uncover the smartest way to finance your next investment? Join our exclusive Facebook group for ongoing support and expert advice on Australian finance and real estate. β https://www.facebook.com/groups/talkpropertytome
Follow our podcast instagram here β https://www.instagram.com/talk_property_to_me_podcast/
EPISODE IN A GLANCE
00:00 - Zero deposit investment strategy: Brad and Casey explain how to purchase an investment property with no money down by leveraging equity.
02:06 - Power of compounding growth: Discussing the compounding effect of capital growth over time to build usable equity.
06:56 - Achieving positive cash flow: Analyzing whether positive cash flow is realistic in today's high interest rate environment.
09:57 - Calculating usable equity: How to determine the equity available to use for an investment property purchase.
15:23 - Beating the banks with extra repayments: Strategies for paying off loans faster and saving on interest costs.
19:58 - Approval over cheapest rate: Importance of getting pre-approval and working with an experienced broker over chasing the lowest rate.ABOUT THE HOSTS
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.Website β https://wisebuygroup.com.au
LinkedIn β https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram β https://www.instagram.com/bradeast_mortgagebroker/
Facebook β https://www.facebook.com/bradeastofficialCASEY TAYLOR
Casey Taylor is the Managing Director of Taylored Property Wealth who specializes in helping clients purchase high-performing investment properties. Casey has a huge amount of knowledge when it comes to property investment and will be sharing this with the listeners.Website β https://tayloredpropertywealth.com.au
LinkedIn β https://www.linkedin.com/in/wealth-property-buyersagent-investment-financialfreedom/
Instagram β https://www.instagram.com/casey.taylor_tpw_buyersagent/
Facebook β https://www.facebook.com/tayloredpropertywealth -
Forget the wild ride of the past few years β are we finally heading into a period of stability and growth for Aussie property?
In this episode of Talk Property to Me, hosts Casey Taylor and Brett East break down the February 2024 market update for both property and finance in Australia. The RBA held rates in February, providing some stability. They discuss the latest property market trends β prices are on the rise in most capital cities! And they give their insights on where the markets (property and finance) could be headed in the coming months.
Listen to this episode and stay ahead of the curve on the 2024 property market.
Join our exclusive Facebook group for ongoing support and expert advice on Australian finance and real estate.
β https://www.facebook.com/groups/talkpropertytomeFollow our podcast instagram here β https://www.instagram.com/talk_property_to_me_podcast/
EPISODE IN A GLANCE
00:00 - National property price growth data: Casey and Brad unpacks the CoreLogic data, looking at both capital cities and regional markets.
01:05 - Regional market performance: The conversation then shifts to how regional markets are performing. Are they experiencing the same growth as the capital cities?
02:10 - Analyzing property market cycles: Where are we in the current cycle and what past cycles can teach us about what might be ahead?
05:05 - Finance market update (trends, inflation, investor lending): Casey and Brad will discuss the latest trends in interest rates, inflation, and investor lending.
07:44 - RBA rate decisions and their impact: Casey and Brad will analyze the RBA's recent decision to hold rates and discuss the potential impact of future rate decisions on the property and finance markets.
10:56 - Big bank profits and consumer impact: Casey and Brett will unpack the recent big bank profits and how they might affect consumers what this means for borrowing costs and household finances.
15:08 - Market predictions and strategies for investors: Casey and Brad share their insights on where they see the property and finance markets heading in the coming months.ABOUT THE HOSTS
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.Website β https://wisebuygroup.com.au
LinkedIn β https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram β https://www.instagram.com/bradeast_mortgagebroker/
Facebook β https://www.facebook.com/bradeastofficialCASEY TAYLOR
Casey Taylor is the Managing Director of Taylored Property Wealth who specializes in helping clients purchase high-performing investment properties. Casey has a huge amount of knowledge when it comes to property investment and will be sharing this with the listeners.Website β https://tayloredpropertywealth.com.au
LinkedIn β https://www.linkedin.com/in/wealth-property-buyersagent-investment-financialfreedom/
Instagram β https://www.instagram.com/casey.taylor_tpw_buyersagent/
Facebook β https://www.facebook.com/tayloredpropertywealth -
Want to buy an investment property but not sure whether to purchase under a company, trust, SMSF, or your own name?
This episode of the Talk Property to Me podcast with Brad East and Casey Taylor explores the key differences, pros, and cons of different ownership structures for investment properties including individual, company, trust, and self-managed super funds (SMSF). Our special guest Cameron Smith, from Waterford Accountants and Financial Services, provides expert insights for optimal ownership structures.
Listen to this week's episode and discover the best way to structure your investment property purchase for maximum returns.
Ready to explore the best structure for your next investment? Join our exclusive Facebook group for ongoing support and expert advice on Australian finance and real estate.
β https://www.facebook.com/groups/talkpropertytomeEPISODE IN A GLANCE
00:00 - Intro
01:28 - Individual Ownership: Tax benefits and building personal wealth
03:05 - Property Unit Trusts: Suitable for multiple investors
06:33 - Company Ownership: Asset Protection and company tax rates
07:13 - Trust Ownership: Income distribution flexibility
09:25 - SMSF Ownership: Control over investments, potential to leverage
12:55 - SMSF Considerations: Restrictions on living in or renting to relatives
16:54 - Avoiding Property Investment Scams: Beware of one-stop-shops and unregulated adviceABOUT THE HOSTS
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.Website β https://wisebuygroup.com.au
LinkedIn β https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram β https://www.instagram.com/bradeast_mortgagebroker/
Facebook β https://www.facebook.com/bradeastofficialCASEY TAYLOR
Casey Taylor is the Managing Director of Taylored Property Wealth who specializes in helping clients purchase high-performing investment properties. Casey has a huge amount of knowledge when it comes to property investment and will be sharing this with the listeners.Website β https://tayloredpropertywealth.com.au
LinkedIn β https://www.linkedin.com/in/wealth-property-buyersagent-investment-financialfreedom/
Instagram β https://www.instagram.com/casey.taylor_tpw_buyersagent/
Facebook β https://www.facebook.com/tayloredpropertywealth -
Are you priced out of the market where you dream of living? Here's how rentvesting could help you buy an investment property and still live where you want.
In this episode of Talk Property To Me. Experts Brad and Casey explores the pros and cons of rentvesting β the strategy of renting where you live and simultaneously purchasing an investment property in a more affordable location. We'll cover everything you need to know, including the potential benefits, the drawbacks to consider, and how to get started if rentvesting is right for you.
Interested in learning more about rentvesting? Join our exclusive Facebook group for ongoing support and expert advice on Australian finance and real estate.
β https://www.facebook.com/groups/talkpropertytomeEPISODE IN A GLANCE
00:00:25 - What are the advantages of rentvesting?
01:48:15 - How to purchase your first property while renting
03:11:13 - Rentvesting and tax benefits
04:29:05 - Buying in a high-growth area
05:32:18 - The value of flexibility
07:25:16 - The cons of rentvesting - capital gains tax
08:58:02 - Missing out on first-time buyer benefits
12:41:16 - Tenants' rights and difficult landlords
16:22:13 - Rentvesting can impact your borrowing capacity
18:57:19 - What if your landlord decides to sell?ABOUT THE HOSTS
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.Website β https://wisebuygroup.com.au
LinkedIn β https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram β https://www.instagram.com/bradeast_mortgagebroker/
Facebook β https://www.facebook.com/bradeastofficialCASEY TAYLOR
Casey Taylor is the Managing Director of Taylored Property Wealth who specializes in helping clients purchase high-performing investment properties. Casey has a huge amount of knowledge when it comes to property investment and will be sharing this with the listeners.Website β https://tayloredpropertywealth.com.au
LinkedIn β https://www.linkedin.com/in/wealth-property-buyersagent-investment-financialfreedom/
Instagram β https://www.instagram.com/casey.taylor_tpw_buyersagent/
Facebook β https://www.facebook.com/tayloredpropertywealth -
Are you worried about making costly mistakes in your property investment journey?
Investing in property can be daunting, and mistakes are part of the process. In this episode, we reveal the common pitfalls experienced by property investors and how you can successfully avoid them β even in the current market.
Want more strategies to help you make smart investment decisions? Join our exclusive Facebook group for ongoing support and expert advice on Australian finance and real estate.
β https://www.facebook.com/groups/talkpropertytomeEPISODE IN A GLANCE
00:00 β Intro
01:03 β Mistake #1: Trying to time the market.
02:27 β Mistake #2: Letting fear hold you back.
07:04 β Mistake #3: Not acting on your pre-approval.
09:26 β Mistake #4: Taking advice from unqualified friends and family.
13:29 β Mistake #5: Overpaying for brand-new properties.
14:53 β Mistake #6: Investing too close to home without market analysis.
24:46 β Mistake #7: Letting emotions guide investment decisions.
25:08 β Mistake #8: Trusting selling agents over independent advisors.
28:21 β Mistake #9: Focusing on short-term selling instead of long-term holds.
28:56 β Mistake #10: Not building a strong team of experts.ABOUT THE HOSTS
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.Website β https://wisebuygroup.com.au
LinkedIn β https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram β https://www.instagram.com/bradeast_mortgagebroker/
Facebook β https://www.facebook.com/bradeastofficial
CASEY TAYLOR
Casey Taylor is the Managing Director of Taylored Property Wealth who specializes in helping clients purchase high-performing investment properties. Casey has a huge amount of knowledge when it comes to property investment and will be sharing this with the listeners.Website β https://tayloredpropertywealth.com.au
LinkedIn β https://www.linkedin.com/in/wealth-property-buyersagent-investment-financialfreedom/
Instagram β https://www.instagram.com/casey.taylor_tpw_buyersagent/
Facebook β https://www.facebook.com/tayloredpropertywealth - Show more
