Today's episode delves into the recently released building approval stats for WA and how they compare with around Australia, focusing on their impact on Perth's property market amid our housing crisis. We'll look at how rising costs and labor shortages are affecting the number of new homes being built. I analyse the Federal government's ambitious plan to construct 1.2 million new homes over the next five years and if there is any supply increase in sight. Let’s go inside. Resource Links: Get you...
Jun 19, 2024•11 min•Season 1Ep. 185
Today's episode focuses on risk management in property investing, particularly how our emotions and comfort zones can help or hinder our financial growth. I dive into strategic portfolio planning, essential for expanding your investment capacity and overall wealth. I explore practical strategies for managing investment risks and understanding the role of debt in creating wealth. By sharing insights from extensive client interactions, I aim to guide you in using debt as a powerful tool for achiev...
Jun 11, 2024•19 min•Season 1Ep. 184
In today's episode, I am diving into some of the interesting questions getting asked in our Perth Property Investment Facebook group including: How long has the Perth boom got left to run? When will the market slow down and should I wait to buy later? How to end a fixed term lease early? What to do now that I have 50% equity and property with development potential? What performance metrics matter when considering a property to buy? Tips for the first time investor? Are valuations stacking up on ...
Jun 05, 2024•29 min•Season 1Ep. 183
Today’s episode is my quarterly deep dive into the Perth Property market, and it's well worth tuning into! With a 43% decrease in the number of properties for sale over the last year and one of the tightest rental markets on record, our market is running hot and there is no end in sight for the growth in both sale and rental prices. I break down the critical factors driving our market, from our strong economy, interest rates, inflation as well as buyer and investor activity from other states. I ...
May 29, 2024•33 min•Season 1Ep. 182
Today, I've got my colleague Jewayne Loong back on the show to discuss what the State and National budgets released over the last month potentially mean for the Perth property market. We discuss what measures are being taken to address the critical housing supply crisis facing Australia, with a particular focus on Perth's all-time low availability of properties for rent and sale. Jewayne helps us unravel the policy and go deeper than the high level headlines to see if any of the proposed changes...
May 22, 2024•28 min•Season 1Ep. 181
Today in our podcast, I am talking with Graham Whitfield of Red Mane Property Coaching, a local Perth investor who specialises in renovating and flipping houses for big profits… while helping his growing community of investors to do the same. He shares his journey with lots of learnings along the way, especially the importance of data driven decision making. It's an inspiring and eye opening discussion. Graham and I are also speaking at an event in Perth on Saturday 25th May where we are going f...
May 14, 2024•18 min•Season 1Ep. 180
Today, I am doing a deep dive with Stuart Wemyss of Prosolution Private Clients on how the last 20 years of property price growth from 2003 to 2023 has compared to the previous 20 years from 1983 to 2003 in our main capital cities and what has contributed and detracted from growth over each of these 20 year periods. With the last 20 years being down for growth, we look ahead to whether this will likely be corrected in the coming 20 years and how we could look to adjust our strategy to increase o...
May 07, 2024•32 min•Season 1Ep. 179
In this episode, I am sharing my proven strategy for getting the best price when next selling your property. You might think with the market being so hot, houses just can sell themselves now so why pay for a top sales agent?... I will show you how the skills I have gained in our down market can significantly amplify your selling price making the most of this hot market! From my vast experience of selling 65 properties over the last year and hundreds over the last 16 years, I will go into my 5 ma...
Apr 30, 2024•25 min•Season 1Ep. 178
Today, I’m diving into Perth's property market, exploring what you can achieve with a $550,000 budget. We'll look at the past and present performance of houses and units, focusing on growth rates and rental yields to give you the facts you need for making wise investments. With so much ongoing discussion about property, it can be tough to figure out what matters. We'll cut through that noise, giving you straightforward insights to guide both new buyers and seasoned investors that might be on a m...
Apr 24, 2024•26 min•Season 1Ep. 177
Today, I'm excited to have Michael Yardney of Metropole, one of Australia's top property investing experts back on the show to discuss what he sees for the next 10 years ahead. We are taking a deep dive into the 10 property forecasts and 10 things that will stay the same. There's a lot of continuous noise in the media, and it's hard to know what to pay attention to. Michael cuts through all this with his big-picture view of what we might expect over the next decade and helps prepare us with the ...
Apr 17, 2024•46 min•Season 1Ep. 176
In this episode, I am joined by Nick Aves from Purely Finance taking a Deep Dive into what is happening with finance and lending and how this is impacting our Perth property market. We dissect the necessity for strategic planning, and having your financial house in order before you hit the ground running and how to enhance the strength and appeal of your offer to purchase. We tackle the potential pitfalls rooted in common misconceptions and delve into essential financial strategies for market su...
Apr 10, 2024•38 min•Season 1Ep. 175
In this throwback episode, I take a step back to look at what really matters in life. We all want to be happy and fulfilled, right? However, sometimes we chase after things that we think will make us happy, but instead they don't. I've been on this journey myself, trying to figure out what it means to live a good life. Along the way, I've learned some important lessons. So today, I want to share my experiences with lifestyle design and the six essential human needs that must be met for real happ...
Apr 02, 2024•22 min•Season 1Ep. 174
In this episode, I dive into the inner hidden game of investing, inspired by insights from Morgan Housel's "The Psychology of Money." Reflecting on personal and professional experiences, I explore the unique games we play in the investment realm, emphasizing the pitfalls of comparing our financial journeys with others. Drawing on my 16-year career in real estate and 20 years of investing, I share lessons learned from the allure of appearing wealthy and keeping up with the Joneses versus the valu...
Mar 27, 2024•24 min•Season 1Ep. 173
Today, we're diving into a special Q&A session pulled from the conversations happening in our Perth Property Investment Facebook group. If you haven't joined us there yet, it's a great place to ask your questions and share insights with fellow property enthusiasts. In this episode, I'm tackling some of the most pressing questions you've asked, offering my insights and tips. We'll explore topics like the intricacies of property contracts, using equity to buy and when, buying with a $530k budg...
Mar 20, 2024•26 min•Season 1Ep. 172
In this special throwback episode, we're revisiting the discussion I had with OG investor Steve McKnight, the visionary author of “From 0 To 130 Properties In 3.5 Years.” I first encountered this transformative book at the age of 20, and it ignited a passion within me, setting me on the path of investment and personal growth. Today, we're taking a trip down memory lane with Steve to discuss the incredible journey he's been on since the release of that pivotal book. We'll also dive into his lates...
Mar 13, 2024•48 min•Season 1Ep. 171
Today, we have Lacey Filipich from Money School joining us again, sharing her invaluable insights on not just managing, but truly enhancing our financial well-being. We're diving deep into the essentials of financial adulting, from the importance of superannuation checks to the intricacies of insurance and the critical necessity of a well-structured will. Lacey's knack for making these daunting or potentially boring tasks engaging is unmatched, and together, we're here to ensure you build a soli...
Mar 06, 2024•29 min•Season 1Ep. 170
Join me in today’s throwback episode as I chat with John Soforic, author of one of my favorite all time books, "The Wealthy Gardener." We dive into this must-read for property investors and anyone seeking a prosperous life. Blending eastern and western philosophies, John's book offers invaluable lessons on wealth and fulfillment. We'll explore key principles and why it's been transformative for me and countless others. Tune in for an inspiring discussion, filled with insights to enrich both your...
Feb 27, 2024•49 min•Season 1Ep. 169
Today, I am thrilled to have Lacey Filipich from Money School back on the show to dive deep into how to become time rich using her fabulous tool known as the Sh*t to Gold Ratio In this episode, we're not just talking about accumulating wealth for the sake of it. It's about gaining the ultimate luxury: the choice of how we spend our time and the best part is you don't need lots of money to start improving the quality of your life and adopting some of the time rich principles. We explore unconvent...
Feb 21, 2024•14 min•Season 1Ep. 168
Today, we're joined by property management expert, Jewayne Loong to discuss how to manage and mitigate your property investment risks. With over 15 years of experience, we've seen the importance of proper planning beyond the initial purchase focusing on tight management of the property, tenant, insurance, legalities, and contingencies to minimise the chances of a costly event occurring and ensuring it doesn't wipe you out. Many investors overlook these critical elements, risking their investment...
Feb 14, 2024•27 min•Season 1Ep. 167
Today, I'm thrilled to welcome back Ashwin Ramdas from Eventum Consulting Group, an expert in the realm of self-managed super funds (SMSFs). Our conversation today dives deep into the potential opportunity for property investment as well as the risks to consider as part of your overall plan. This topic is timely and relevant; hardly a week goes by without someone asking me whether they should consider investing in property through their superannuation. Amidst a landscape cluttered with media hyp...
Feb 07, 2024•38 min•Season 1Ep. 166
Today's episode is a deep dive into my Perth Property Market Update…. It's going to be a very interesting one! Having witnessed the market's evolution firsthand over 15 years as a real estate agent and 20 years as an investor, I'm thrilled to share my perspectives on why this is the hottest market I've ever seen in Perth. Join me as we explore the intricacies of both the sales and rental markets, dissect the driving factors behind this unprecedented growth opportunity ahead, and I'll even share ...
Jan 31, 2024•28 min•Season 1Ep. 165
Today, I'm here to guide you through the often overlooked, yet crucial small steps that can significantly boost your investment returns. Using these tactics should not be confused with having an overarching strategic plan but when implemented together they can be incredibly powerful in helping you acheive more wealth sooner. This episode is packed with insights, even reminding me, an experienced investor, of valuable tactics to revisit for optimizing my portfolio. Join me as we explore these tac...
Jan 24, 2024•50 min•Season 1Ep. 164
In this episode, I'm here with our first Q&A session for 2024 and it's going to be an interesting one indeed! I'll be addressing the questions posted by members of the Perth Property Investment Facebook Group. If you're not part of the group yet, you're welcome to join and participate in the discussions. I’m covering the following topics: What factors to consider when partnering with others? Should I sell this apartment and get out of the market? What do you think about buying a house and la...
Jan 17, 2024•38 min•Season 1Ep. 163
Today, I'm here to guide you through how to make the most of opportunities that 2024 offers. The beginning of the year is an ideal time to take control of your financial future with a strategic portfolio plan. Having a clear plan is crucial, encompassing both short-term and long-term goals to ensure your property investments are aligned with your broader life objectives. Whether you're a first-time buyer, looking to upgrade your home, or considering investment properties, a well-crafted plan can...
Jan 10, 2024•16 min•Season 1Ep. 162
In this first episode of 2024, I get the chance to talk with Jackson Millan, The Wealth Coach, who shares valuable insights on achieving financial freedom. Raised by hard working parents who struggled financially, Jackson developed a deep understanding of the wealth gap. He advocates for a holistic approach to financial planning, emphasizing the importance of education and empowerment in managing personal finances. Jackson introduces the '20 Year Roadmap,' a strategic framework that balances fin...
Jan 03, 2024•41 min•Season 1Ep. 161
In this special throwback episode for our summer series of best episodes, I'm excited to delve into why I believe local investors are often fashionably late to the party or choose to make an early exit with their Perth Property Investment. Brace yourself; it's going to be a captivating ride. I'll start by dissecting the financing and activity levels in the past, both by homeowners and investors, to uncover how these factors have contributed to the highs in median house prices over the years. It'...
Dec 27, 2023•34 min•Season 1Ep. 160
he knowledge to quickly and accurately determine a property's market value, which is crucial in swiftly securing properties in this competitive landscape. I'm going to explore the nine key factors that significantly influence a property's price. Given the current influx of investors in Perth, understanding these factors is more important than ever. It's not just about the price tag; I also stress the importance of considering long-term factors like a property's saleability and rentability. This ...
Dec 20, 2023•24 min•Season 1Ep. 159
In this throwback episode for our summer series we are revisiting our top 3 most listened to episodes for the year and this was not to be missed! I am joined by Grant Dusting from McCrindle, a social researcher and futurist, to explore the future of Perth and its potential impacts on property. We delve deep into predictions for population growth, housing trends, economic forecasts, and how these factors might influence the property market. Our discussion focuses on the types of properties that a...
Dec 13, 2023•42 min•Season 1Ep. 158
In today’s episode, I am excited to have leading property investment advisor and property market expert Michael Yardney from Metropole Property Strategists join me once again to take a look back on the year that was 2023 and what is ahead for 2024. As we reflect on the significant events of the past year, Michael will shed light on the implications and how the real estate landscape is changing. This discussion is not just about numbers and trends; it's about understanding how to make better prop...
Dec 06, 2023•39 min•Season 1Ep. 157
Today, we're going to address some of the questions being asked on the Perth Property Investment Facebook group and I've got Jewayne Loong, who's our superstar property manager at Investors Edge, to come on the show and help me tackle these. If you're not already a part of the conversations, head over to Facebook, search for Perth Property Investment, and request to join. Here are some of the interesting questions we answer: Should I buy in Baldivis and how should I choose where? The rental mark...
Nov 29, 2023•49 min•Season 1Ep. 156
