I’ve been wanting to take you inside the importance and intricacies of successful asset selection. And what better expert to discuss this with than my financial planner Stuart Wemyss of Pro Solution Private Clients. We talked about how you can bulletproof your long term property investment plan, and what you really should be looking to buy. What does it really mean to be buying well, how can development be part of your strategy and if timing is really everything? Stuart has given me great insigh...
Aug 04, 2021•30 min•Ep. 35
Passive income is the ultimate reward of property investment. Although most investors get stuck at 1-2 properties and are not growing a big enough portfolio to replace their incomes and give themselves a comfortable retirement… So why is that? In this episode I take you inside the top 10 reasons that I’ve personally found myself and other investors to get stuck, how to avoid them and how to navigate through the challenges. Some were challenges I made for myself, while others were situations beyo...
Jul 28, 2021•25 min•Ep. 34
Are you one of those property buyers that have blind-purchased without considering all the factors affecting the future sale and growth potential?… I sure hope not! There are so many factors we need to consider before committing to a purchase and some are much more important than others. What factors are driving growth? What state is the rental market in? Is it in the catchment for a good school? Does it have a strong homeowner appeal? Does it have a good layout? … The Suburb, Location and Prope...
Jul 21, 2021•21 min•Ep. 33
Whether it’s your first investment or not, it’s easy to get carried away with the thrill of investing in property! You lose sight of the basics and possibly end up regretting a few things later that may not be easy to undo. I am no stranger to getting my thrills from investing and boy, did I have a lot to learn! In this short but powerful episode, I’m here to tell you why you need to invest time and effort on the “boring” part of property investing. So you can save yourself from all the drama, a...
Jul 14, 2021•8 min•Ep. 32
When you’re dead set about securing a rental property, the first thing you need to know is that competition for a tenancy is massive. Property managers can receive multiple applications before they even show the property, so you’ll need to make sure that yours gets their undivided attention! Jewayne Loong joins me again for this episode, to give you the insider tips on how to make your rental application stand out. We’ve got a good list of do’s and don’ts from a property manager’s POV, and some ...
Jul 07, 2021•35 min•Ep. 31
Should you buy an establishment property or build new?... Have you ever noticed that all the spruikers seem to suggest that new is best! You could choose to build a shiny new house that is free of maintenance woes, and has a bevy of tax benefits However it’s possible that the land itself will not appreciate as you hoped it would in the long run. What about an established area that is tried and tested for growing your wealth in the years to come? Yet with most old properties, you also inherit som...
Jun 30, 2021•17 min•Ep. 30
Should you focus on cash flow or growth? Most property investors fall into one of two camps. One camp invests in positive cash flow properties. And the other one prefers investing in the highest performing suburb for growth. While I myself prefer to focus on growth, it is still important to get the perspective of the cash flow-focused investors. So I’ve brought in Easy Buyer’s Agent Tommy Segoro to give us his view on how to make this strategy work. There isn’t a one-size fits all strategy when ...
Jun 23, 2021•39 min•Ep. 29
The Perth property market continues to hum along with some changes over who is driving the market and what is in demand. More tenants are looking to get out of renting, and into their own home in the established suburbs around town, home owner buying fever is cooling off, the unit market is picking up and the rental market is remaining tight with more price increases to come. Plus Perth was recently rated as the sixth most liveable city in the world!... What does all this mean for the market ahe...
Jun 16, 2021•25 min•Ep. 28
Where are the new train stations planned for Perth and which if any of these suburbs might be a good investment opportunity? If you’re a property investor, you might be excited to find out where and when the new train stations are expected to be built and what sort of impact they may have. So for today, I’m going to talk about the benefits they’ll bring to an area, and my top three suburbs which have shown a 30 year proven history of capital growth and are also where a train station is coming! G...
Jun 09, 2021•16 min•Ep. 27
Should you buy an asset for growth or for cash flow? In Part 2 of my talk with Money School’s Lacey Filipich, she and I discuss asset selection and negative gearing. She answers questions such as, “Should you prioritise cash flow or growth?”, “Should you pay someone to invest for you?”, and “How do you achieve financial independence sooner?” This episode is sure to educate anyone on how they can make better financial decisions. So don’t miss this one as there’s really no better time than now to ...
Jun 02, 2021•25 min•Ep. 26
Growing up we’re taught about a lot of things. But there’s one thing people missed gaining a good understanding of…. Financial Education I’ve seen it often go wrong with people who manage to create some wealth. By not having a solid foundation, they find themselves sinking back instead of rising further. To help you avoid this roller coaster, I’ve brought in the author of this amazing book, Money School . Lacey Filipich joins me as we go through the ins and outs of financial education. But wait ...
May 26, 2021•32 min•Ep. 25
Will we see the Perth property market follow the trends happening on the East Coast? The Perth market can sometimes be seen as entirely separate from the rest of Australia, but from a broader perspective, we shouldn’t discount what’s happening in other parts of our country and the influence on our market. My guest is going to be a treat to the listeners. He’s recently been voted one of Australia’s Top 50 Influential Thought Leaders and is the author of international bestseller, Rich Habits, Poor...
May 19, 2021•31 min•Ep. 24
How well is your suburb of choice going to perform? When it comes to choosing the right suburb, there are a lot of factors you should be looking into. But after doing my extensive research on the best performing suburbs in Perth, I’ve learned something very interesting. I’ve found that there are 2 key growth drivers that are major contributors to a suburb’s performance. In today’s show, I’m going to unpack the effects of these growth drivers on pricing and capital growth rates over the last 30 y...
May 12, 2021•28 min•Ep. 23
Let’s continue our discussion on finding a subdividable property that stacks up. For those who haven’t listened to Part 1 yet, I suggest you get into it first so that you’ll learn all the steps you need to take to avoid mistakes when starting your search. In Part 2 of my interview with repeat guest, Jay Sidhu from Vision Surveys Consulting, we’ll be going into the details of preparing an overall feasibility study. As an investor, you’d want to look at the costs and potential profit margins. Like...
May 05, 2021•31 min•Ep. 22
Are you wondering how to find a subdividable property that stacks up?... There’s quite a bit you should be looking at before you close the deal. To help you get an extensive understanding, I’m bringing in one of my previous guests. My good friend, Jay Sidhu from Vision Surveys Consulting, is back for another 2-part episode. With all the interest in finding subdividable properties, I figured it’s time we go over this in more detail so you know all the steps to take to avoid mistakes. So we’re goi...
Apr 28, 2021•34 min•Ep. 21
If you want to buy well in this hot Perth market you need to be the most prepared and ready buyer in the area that knows what to pay extra for and what to walk away from. Even in a hot market, mistakes can be made and money can be lost… Sometimes those mistakes may not even show up until later when it's too late. I’m here to share with you my own tips for buying in a hot market. Having been investing in property for 15-16 years and an agent for 13 years, I’ve got inside knowledge of the entire b...
Apr 21, 2021•44 min•Ep. 20
Living a life of happiness and fulfillment is the ultimate goal for everyone, isn't it?. But some of us end up chasing the wrong things, thinking those would give us happiness. Being on the journey of finding fulfillment myself, I have picked up some very valuable realisations along the way. So today, I want to talk about my own journey of lifestyle design and the six core human needs which need to be filled up if you want to create a life of happiness and ultimate fulfillment. Life isn’t only a...
Apr 14, 2021•22 min•Ep. 19
A financial mistake can really set you back in your investing journey while the right decisions can compound to get you ahead safely and much faster. I myself have been spending a lot of time thinking about how to make better overall investing decisions. So I’ve brought in my personal financial adviser, Stuart Wemyss, today to discuss some of the common mistakes and how to make better overall evidence-based decisions. We cover offsetting a strategy, buying the right assets, evidence-based proper...
Apr 07, 2021•40 min•Ep. 18
Should you upgrade your house, invest, or pay down debt? When you have so many people giving you different opinions, it’s hard to know which decision is best for you. Today, I want to help my listeners by breaking down the different phases we go through in our lives and what you should be thinking about during each phase. This will help you decide what you will ultimately end up doing. So get inside and find out how you can start making the investment decisions that work for you. Episode Highlig...
Mar 31, 2021•23 min•Ep. 17
There’s an undercurrent of fear due to crucial changes about to happen… Many are asking if we are in a bubble that will soon burst? Despite that, we’re seeing a lot of momentum in the Perth property market. In my March 2021 Perth Property Market Update, I want to go over the sale and rental market plus some new areas I haven’t touched on in previous updates to directly address the concerns that I am hearing from our clients. I’m going to look at what is really happening as we’re heading towards ...
Mar 24, 2021•40 min•Ep. 16
Have you developed an investing mindset that helps you succeed or is it hindering you? Something I've been seeing often with our new clients is that they don't treat investing like a business. It's interesting, isn't it? Especially since you are putting your money into property that you buy and the end result depends on whether you've made the right decisions. So I get together again with 2013 Property Manager of the Year, Jewayne Loong, as we talk about what's the right mindset when getting int...
Mar 17, 2021•28 min•Ep. 15
Have you been thinking about investing in Perth property? Property investing is a valuable vehicle for creating wealth but the outcome depends on whether you’re buying right and taking advantage of how the market changes. Today’s an exciting episode as I get into a chat with Trevor Dunkley from Property Wizards. As a leading buyer's agent, he has his own formula he uses when investing and helping clients. He’s here to share his suggestions for a starting out investor, the outlook ahead, and why ...
Mar 10, 2021•42 min•Ep. 14
Making property investing decisions is a lot easier if you do the necessary research to back up your choices. But which metric do you prioritise? Should you look for a property with more cash flow or one in a blue-chip suburb? To help my listeners, I’m here to present the case for why it’s important to prioritise your capital growth rate. In today’s episode, I share the results of a massive research study I’ve done on historical capital growth rates and how that can shape your suburb selection. ...
Mar 03, 2021•22 min•Ep. 13
When it comes to property investing, choosing your agent first before you choose where and what to buy comes with significant benefits. The right agent can help you avoid the costly mistakes and purchase a top performing asset, assist with any renovations and find you high quality tenants all during your settlement period. Today, my colleague Jewayne Loong and I talk about the value we can provide by being present on the front end including being able to give insights on a property’s long-term o...
Feb 24, 2021•40 min•Ep. 12
Most property owners I speak to want to make sure they get the most out of selling their property so it's really important to understand the key price influencers that can add tens of thousands extra to your selling price. In this episode, I’d like to share 2 of the key price influencers I laid out in my book, The Ultimate Home Sellers Guide: How to Master the 5 Price Influencers & Sell Your Property for More . I’ll reveal the things you can do for Presentation and in your Agent selection to...
Feb 17, 2021•14 min•Ep. 11
As a Perth property investor, you might be wondering how the proposed medium density R-Code changes will affect you. Will it impact your profits? What adjustments do you need to make? Luckily, we are about to get the inside scoop from a special guest today. The Assistant Director of Building & Planning (WA), Aaron Sice , joins us as he shares his view on Perth property development. We take a deep dive into the proposed R-Codes changes to medium density housing and the potential impacts those...
Feb 10, 2021•38 min•Ep. 10
Renovating a property might look easy on TV, but actually doing it well and making a reasonable profit from all your hard work is a real challenge! As a key component of adding value to your property, you have to decide what to actually renovate, what your reasons are for doing a renovation, and then how to go about doing a renovation. In this episode, I want to go deeper into this subject by giving you my rules for profiting with a renovation. You’ll get tips for buying under market, what to lo...
Feb 03, 2021•53 min•Ep. 9
What can we expect for the Perth property market in 2021? The start of the year is a good time to take a look at what we can see ahead. Lots of things are coming up including policy changes in construction grants, the upcoming state election, the end of the moratorium to the Residential Tenancy Act and much more. So join me as I give my outlook for the year ahead as we go over the sale market, rental market, what’s happening in the industry, and a look inside our own portfolio. On top of that, I...
Jan 27, 2021•33 min•Ep. 8
Your property manager is your most crucial member of your investing team when it comes to improving your returns and protecting your most important asset. That’s why it’s imperative to find a good one to manage your investment for you. But how much do you really know about property managers? Are you sure you’re putting your property in the right hands?... The reality of what goes on behind the scenes might shock you! This week, we’ll drop some bombs—the hidden truths—about the property managemen...
Jan 20, 2021•27 min•Ep. 7
Already chosen the perfect land property for your dream subdivision? That’s just the beginning. Without having a clear idea of the next few steps in your investment journey, you might end up wasting more money than necessary. Today’s episode is Part 2 of my talk with Director of Vision Surveys Consulting, Jay Sidhu , on subdividing Perth. This week, Jay shares what happens after surveying is done, how long it takes to get your project approved with the WAPC, and lots more! If you want to jump in...
Jan 13, 2021•26 min•Ep. 6
