In this episode I talk with financial planning expert Stuart Wemyss to tackle a pressing question: Should we focus on repaying our home or investing? With his extensive experience, Stuart sheds light on this common financial quandary. We dive into the emotional aspects of owning a home, as well as how it can be your greatest investment…. But preferably not your only investment. Stuart offers insights into some of the important considerations for where your extra dollars should go and the potenti...
Nov 22, 2023•23 min•Season 1Ep. 155
Ever wondered if your approach to property investing is setting you up for success or holding you back? It's a question I ponder often, especially after meeting many new clients who haven't quite grasped the business side of their investments. In this throwback episode, I've invited Jewayne Loong back to delve into the power of a robust investing mindset, share insights on treating property investments with the strategic finesse of a business, and offer guidance to help you avoid common missteps...
Nov 15, 2023•27 min•Season 1Ep. 154
Today, I'm going into the buying and negotiation strategies to compete in our red-hot market. And the reason I thought I'd cover this is that every month we're hearing from investors who are coming to use us for our buyer's agency service because they're fed up and frustrated with how difficult it is to compete in this market. It's very typical when you go out to inspections to have 20 to 30 buyers that you're up against. And as a selling agent, I also see that buyers very rarely ask the right q...
Nov 08, 2023•29 min•Season 1Ep. 153
Today, we've got a Q&A where I'm giving you my opinion on lots of the questions being asked in our Perth Property Investment Facebook group. If you're not already a member, make sure you head over and join in the discussions. Here is just some of the juicy topics I answer: How to recover money from tenants and what is the process Property investment calculators Things to consider if doing a modular build What is cashflow positive, positive geared and negative geared Determining the price poi...
Nov 01, 2023•40 min•Season 1Ep. 152
Today, I'm demystifying the role that foreign buyers are playing in our Perth market. There are a lot of misconceptions about how many properties they buy, that they're pushing out local home buyers and pushing up prices…. With many people wanting to prevent them from buying in Perth at all due to the housing shortage. I wanted to delve into the stats, into the role that they play, the types of properties they can buy, and why I actually think they're an essential part of our overall market. So ...
Oct 25, 2023•13 min•Season 1Ep. 151
Today, we'll be exploring the power of staging your property to sell and how it can boost buyer demand fetching you a much higher emotional price. Jody Pennington from Bella Property Styling is my guest and my go to for staging, and in this episode we go into how we have pulled off some incredible results for my sellers. We go into some of the misconceptions that we hear all the time including that “a home will sell itself at the moment so why use staging?” and that “staging is expensive and is ...
Oct 18, 2023•57 min•Season 11Ep. 150
Today, I'm bringing you Perth's best and worst suburb price performers over the last year. We're also taking a look at where the best rental yields are on offer. I’m am not only giving you the top 15 in each of these areas, I'm delving into my observations and some of the trends that are occurring. I'm going to dissect and give you my thinking on how I use median price data, how I use statistics to make decisions, and how all of this feeds into our Trifecta criteria, which we use for our buyer's...
Oct 11, 2023•32 min•Season 1Ep. 149
Today, I've got Salem and Melissa Domiati on the show and they're from the Longevity Lab… We're going to be delving deep into what exactly longevity is and how they can help you live better for longer. As I've been going through my journey with them, I've discovered that there are so many parallels between the creation of wealth and the creation of your health and longevity. So we're going to explore some of those core concepts today. After all, what's the point of being wealthy if it doesn't in...
Oct 04, 2023•53 min•Season 1Ep. 148
Today, I'm taking you deep inside my property market update, where I'm going to explain all the reasons why I think there's further growth ahead for the vast majority of the Perth market. We're going inside the sale market, the rental market, the drivers', actions to consider, and my predictions for the year ahead and there have been lots of very interesting things happening to fill you in on, since I last came to you in May. So let's go inside. Resource Links: Get your Strategic Portfolio Plan ...
Sep 27, 2023•37 min•Season 1Ep. 147
Have you ever wondered what goes on behind the scenes of a property management business and why many struggle to deliver a consistently high level of service? To the average investor, all property managers may seem alike, making it challenging to discern what truly sets us apart. In this throwback episode, I sit down with Jewayne Loong to shed light on the essential aspects of delivering quality property management services day in and day out. Most of us investors who have been around a while kn...
Sep 20, 2023•25 min•Season 1Ep. 146
Today, I'm bringing you a Q&A episode where I’m deep-diving into some of the interesting questions being asked on the Perth Property Investment Facebook group. If you're not already a member, make sure you head on over to Facebook, search us out, and join in the lively commentary. And if you've got any questions, you can post them there. In the meantime, there are plenty of people who will help out, so it's good to share your opinions to help others. Now, we're going into: Should I buy now o...
Sep 13, 2023•37 min•Season 1Ep. 145
Today, we've got Anton Flynn from Flynn Subdivision Experts on the show to talk about his insights into the development and subdivision space, as well as what opportunities are available in this market. We have had a pretty crazy month with the rollout of the new medium density R-codes and the Aboriginal Cultural Heritage Act being put on hold while the government consults further with stakeholders. So, we're going into what that means for investors and what sort of opportunities can still exist...
Sep 06, 2023•33 min•Season 1Ep. 144
Today, we're going into the secrets of a smooth property settlement. I've got Paul Garnett from Garnett Conveyancing on the show. He's got a wealth of experience and has seen just about everything when it comes to settlements. You'd be surprised because the average person just thinks settlements are easy but I've also seen over the years that they can become quite challenging when you don't have the right person handling them or the wrong conditions in your sale contract. There are a lot of impo...
Aug 30, 2023•36 min•Season 1Ep. 143
Today, I've got a very good friend, Paul Antonelli of Resicert Property Inspections on the show, and it's gonna be a real eye-opening episode. We're going into how to know if you're actually buying a lemon and we're gonna go deep into his fabulous book called "Don't Expect, Inspect!". We're going to pull back the curtain and look at the things you actually need to be worried about when you're buying a property, some of the misconceptions that are rife in the industry, and how to protect yourself...
Aug 23, 2023•47 min•Season 1Ep. 142
Today, I've got my good friend Ashwin Ramdas, from Eventum Consulting on the show. He's an accounting expert, and we're going to deep dive into the power of entities and structures and how they could be harnessed for your wealth creation. The thing I love about Ashwin is that he genuinely cares about the overall purpose and the plan, rather than just selling a client on complicated structures if they won't actually provide an overall benefit. In this episode, we're going to run through the benef...
Aug 16, 2023•35 min•Season 1Ep. 141
Today, I'm going into why local investors are late or leaving the party early when it comes to Perth Property Investment and it's going to be very interesting. I’m going to pull apart the financing and activity levels in the past by both homeowners and investors to understand how that's contributed to our highs in the median house prices over the years. I'm also going to be taking a deeper look at how the trends of growth have played out over the last two decades to give you a bit of insight int...
Aug 09, 2023•34 min•Season 1Ep. 140
Today, I'm going to take a deep dive into the 4 critical foundations that are necessary to truly grow your wealth…. And some may surprise you. I speak with many property investors who seem to be spinning their wheels or focussing on the wrong things so it’s not wonder that most get stuck at 1-2 investment properties and end up selling within 5 years. When you have the foundations in place you have the best chance of building a sustainable and profitable portfolio. Let's go inside. Resource Links...
Aug 02, 2023•30 min•Season 1Ep. 139
Today, I'm taking a deep dive into why the building bottleneck in Perth is actually supporting the price growth of established properties. Anyone who's hands-on in our market would know that prices are continuing to increase, especially in the lower end suburbs where investors are chasing higher rental yields, and homebuyers are pursuing more affordable options. Let me take you through what the stats show us for the number of building approvals, how many homes are under construction and the aver...
Jul 26, 2023•18 min•Season 1Ep. 138
Today, I am joined by Stuart Wemyss from ProSolution Private Clients to dive into the intriguing topic of, “ Why property investors should be more fussy ” It's easy when the Perth market is running hot to cut corners or to buy a cheaper property sooner but as we discuss there are some compelling reasons why we should not be compromising quality. I am excited to get Stewart's expert insights, let's go inside. Resource Links: Prosolution Private Clients https://www.prosolution.com.au/ Get your Str...
Jul 19, 2023•31 min•Season 1Ep. 137
Today we've got another exciting Q&A episode going into questions getting asked in the Perth Property Investment Facebook group. Particularly the ones I think can add value to all our listeners, we are going into: Flipping Houses, Reducing Tax, Depreciation, From Pricing, Did I buy well and Airbnb So let's go inside. Resource Links: Get your Strategic Portfolio Plan and our help with Buying Your Next Perth Property ( https://www.investorsedge.com.au/invest-in-perth-property/ ) Join the Perth...
Jul 12, 2023•22 min•Season 1Ep. 136
Today, I'm going into the benefits and drawbacks of investing in strata properties and what you need to consider. With the increasing price of houses becoming unaffordable for some buyers and also understanding that different investors have different needs, I really wanted to spend the time to dive deeper into strata properties because under the right circumstances they can make a great investment. So let's go inside. Resource Links: Get your Strategic Portfolio Plan and our help with Buying You...
Jul 05, 2023•23 min•Season 1Ep. 135
Today, we've got Jay Sidhu, a subdivision and development expert from Vision Surveys Consulting on the show to dive deep into ‘Is Perth Property Development Dead?’ It's a very valid question to ask. There's a lot of changes to the medium density R-codes, changes to the public open space requirements, changes to Aboriginal heritage act and they are all going to make property development harder in the shorter term. With all these policy changes getting thrown into the development space along with ...
Jun 28, 2023•30 min•Season 1Ep. 134
Today, I'm bringing you a Q&A episode where I'm going to dive deep into some of the interesting questions getting asked on the Perth Property Investment Facebook group. The reason I choose these questions and share them on the podcast is so that we can help as many other investors who might be in the same boat. And I've got a lot of interesting ones today that are really varied and I think they're gonna make some good listening. So let's go inside. Resource Links: Get your Strategic Portfoli...
Jun 21, 2023•28 min•Season 1Ep. 133
In today’s episode, I'm going into property valuation 101 discussing how to price a property accurately and decide how much to pay for it. I'm going to help you understand the nine key factors that affect a property's price and in this hot Perth market, the quicker you can accurately determine a property’s market value, the quicker you can pounce to secure it. Now, there's a lot of investors in Perth at the moment looking to buy, so I thought this would be really helpful. There are many factors ...
Jun 14, 2023•24 min•Season 1Ep. 132
I've got Jewayne Loong from Investors Edge Real Estate, my colleague who I work with on the show today, to chat about the proposed changes to the Residential Tenancies Act that have just been announced and what they are likely to mean for investors and tenants. There is a real arm wrestle going on for fair pricing and greater flexibility for tenants. Although we are not yet sure on when exactly the changes will come into effect, knowing what they are should help you make some better decisions in...
Jun 07, 2023•30 min•Season 1Ep. 131
Today I'm really excited to be taking you deep inside the Perth Property market with one of my quarterly market updates. And it's going to be an extremely hot winter ahead for the Perth market! The market’s hot out there for both the sales and the rental side and I'll be taking you into both, as well as my predictions for what's ahead, also taking a deeper dive analysis of the state and national budgets and what they mean for our property market. We're looking into the economy, we're looking int...
May 31, 2023•37 min•Season 1Ep. 130
Today, I have my friend Michael Yardney on the show to help us rewire our minds to go from limitations to abundance. I recently attended his wealth retreat on the Gold Coast, and I really want to share with you some of the things that have made a big difference to how I think about money. We all have limitations no matter where we're at in our journey and I’m constantly looking at how we can change these beliefs to go to the next level. Before you tune out and think you've got it all covered, pu...
May 24, 2023•31 min•Season 1Ep. 129
Today, I've got Anthony Tran on the show. He's a migration agent and has got incredible insights into what's happening at the coal face with migrants (no pun intended) and our changing population and their needs. And we're going into lots of intricacies today on how the government has positioned Perth and WA to be a real destination, which he calls the California of Australia. Perth is certainly a hidden gem, but the secret's getting out there and we've got a lot to touch on today plus all his u...
May 17, 2023•38 min•Season 1Ep. 128
One of the main things holding investors back from buying another Perth investment property is finding their next deposit… So I wanted to revisit my tips for making this happen sooner. Many would-be investors I've talked to seem to struggle with finding their next deposit to purchase a property, or to invest in other things at different times. In the past, it's been really hard for me as well, especially when my money management habits have not been there. I did a lot of other things right, but ...
May 10, 2023•21 min•Season 1Ep. 127
Today what we're going into is - Is a buyer's agent actually worth it? Firstly, we'll cover what a buyer's agent is and how they actually add value to the overall buying process. I’ll also discuss some of the mentalities that can hold people back from looking to leverage the experience of a buyer's agent. We then go into why they can actually be worth the investment, and you really want them to tick as many of these boxes as possible. A great one's going to be worth many times their actual cost ...
May 03, 2023•29 min•Season 1Ep. 126
