18 Investment Strategies: Which One Are You Implementing? - podcast episode cover

18 Investment Strategies: Which One Are You Implementing?

Oct 10, 202338 min
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Episode description

We’ve NEVER spoken about these investment strategies publicly before… but right now going through ALL 18 of our tried and tested investment strategies! 

And in case you’re wondering… YES!... we use these investment strategies every single day when work with our clients! Basically, each of them can be a powerful standalone strategy, but they can also be interlinked and intertwined depending on which pathway you choose.

Here’s the deal…

Our 18 strategies each fit into one of these four categories:

  • Area Strategy for Capital Growth
  • Property Selection Strategies for Capital Growth
  • Are Strategies for Yield/Income
  • Property Strategies for Yield/Income

So, in this episode we’re diving deep on each investment strategy, including…

  • Investors it’s suited to
  • Difficulty Level
  • Risk and time allocation level
  • Price point
  • Tax implications and when to buy

 

And here’s a sneak peak into The 18 Investment Strategies…

  1. The __ Performer
  2. __ Earth
  3. Million Dollar __
  4. __ Places, __ Faces
  5. The __ Fling
  6. The __ Rider
  7. Scarce __
  8. Ugly __
  9. The Shoulder __
  10. __ Mission
  11. __ And __
  12. __ Matters
  13. The __ Backer
  14. No __
  15. The __
  16. The Non-__
  17. The __ Up
  18. The __ And __

 

Listen now to get all 18 investment strategies and discover the best one for YOU!

Pssst… Don’t forget, get further insights and “play along at home” by picking up a FREE physical copy of our book here: http://www.thearmchairguide.com.au/

 

Here’s a bit of what we cover in today’s episode…

  • 18 Proven Investment Strategies to Build a Multimillion Dollar Property Portfolio
  • What and Where to Buy…
  • What should you look to purchase if you have a tight budget?
  • What property is best if you don’t have a lot of time on your hands?
  • How to tell which investment strategy is right for you
  • What are the tax implications of each strategy?
  • What strategies can you adopt if you can’t afford to buy in blue-chip areas?
  • What’s the critical difference between “city” and “city fringe” locations?
  • What if you want a more hands-on approach?
  • Where will you get the highest rents?
  • The pros and cons of subdivisions
  • Is a Granny Flat a good investment strategy?
  • What s

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Transcript

Speaker 1

Hey there folks . It's Bryce here , and Ben and I are excited to bring you our new podcast mini series based on our best selling book , the Armchair Guide to Property Investing how to Retire on $2,000 per week where we give you an insider's look at the making of our book , chapter by Chapter .

Now , the reason this mini series came into being is because , back in 2020 , we did a series of Facebook Lives to help us bust out of COVID lockdown blues and , instead of reading the book word for word like an audiobook , we told behind the scenes stories , chapter summaries , anecdotes and back stories to bring each chapter to life in a unique and insightful way .

Now we've brought together all the audio from these sessions , so you'll see for yourself why more than 45,000 copies and counting have been read on the way to retiring on $2,000 per week through investing in property , and we talked about these concepts in our trademark casual and conversational style .

So if you've ever thought about retiring on $2,000 per week or wondered how to live a life by design , doing what you want when you want , or you've dreamed of travel or philanthropy or anything in between , then this mini series is for you .

We want to give you the Armchair Guide to actually do it for yourself , and if you'd like to get a copy of this best selling book for yourself to play along at home , you can get a free copy at wwwTheArmchairGuidecomau . We'll rush out a copy of the book to you on us if you simply pay for postage .

We hope you enjoy the series and you design a lifestyle that you want to live . So dive in and enjoy each episode as you learn how to retire on $2,000 per week . There it is , ben , first time . We're live bros . We've promised this , these strategies , pretty much for the last five years , ben , and we've actually today's the debut of the 18, .

If you haven't read the book , you haven't heard it anywhere before , never .

Speaker 2

That's it . We are getting into it . Hi , I'm Bryce .

Speaker 1

Holdaway . He's Ben Kingsley . We are the hosts of the Property Couch and today we are going to talk to you about Chapter 9 of our best selling book , ben Over 20,000 copies of this book have been sold and we're going to talk about the 18 strategies that are .

Speaker 2

I think it's about 22,000, .

Speaker 1

Bryce , just for the record Just for the record oh , look at you up to that .

Speaker 2

Oh no , I just saw a number come through from our publisher 22,000 sold . So yes , people are hopefully enjoying our best selling book .

Speaker 1

So , Ben , what we've done is Chapter 9 . So we've done eight of these prior , so you , can go and check those out . You can also go to thearmchairguidecomau . You can get a free copy of this . Ben , we've got a relationship with the publisher . We're going to go and buy some books and we can get them out for free .

So if you want to get a copy of that , or you can go to any good bookstore , ben , and get a copy of it . But we're going to go through the 18 investment strategies .

Speaker 2

Yeah , we are , we are . So can I do a scene , Senator Bryce ?

Speaker 1

Yeah , I love you too , All right .

Speaker 2

Well , the scene setter is here is that there's , just like any type of investing right . So if you're investing in shares or investing in any other types of returns , there's two types of returns you can get . Bryce , what are those two types of returns you can get ?

Speaker 1

Growth or yield Ben .

Speaker 2

Growth or yield . So in our case , when we are talking about property , we are talking about capital growth . Now , capital growth predominantly comes from the land appreciation or the scarcity of the asset . So they are the two winning combinations that you want when you want to try and get growth . So that's the scene setter for that .

And the second part of that , bryce , is the yield story . What you want to be able to get yield is about the number of people potentially you can get into the property , or also about where that property is located in terms of the demand supply .

On the yield side , that people might pay a premium to live in that location as well from a rental point of view . Now , the other critical factor here , bryce , and something that we have talked about on the podcast before but , as you said , never gone into these 18 strategies is around this concept of location and property .

So we are going to break these up into location or areas and also property formations that attract growth and yield , bryce , and that really does give the biggest clue in terms of the 18 strategies .

Speaker 1

Hey , ben , let's set this up with a bit of a framework .

So the way that we put this in the book is we're only going to get a little teaser today , so we're going to give you just a little sample of the headline and then tell you what those 18 strategies are and then obviously encourage you to go and dive a little deeper into the book so that you can understand what these are as you put that up on the screen .

Thank you , but they fit into one of four categories Ben , for capital growth . So think about growth . It's either area strategies or location or property strategies . What does the actual bricks and mortar do ? So that's for capital growth . So there's two of the four Ben . And then there are number three . Number four really are about income , right ?

Speaker 2

Yes .

Speaker 1

So that's location for income or property for income . So it's location for growth , property for growth , location for income , property for income . So you can keep that as a framework . Now , that'll help you with this . But I'll kick it off , ben , with strategy number one , which is the proven performer , and this is effectively as it sounds .

Ben , you'd be surprised to hear that this has proven performance over a long period of time .

Speaker 2

And very long period of time . Brice .

Speaker 1

Because we aren't the sharpest tools in the shed Ben , so we couldn't have too sophisticated a title Cause if it wasn't a clue from the title , that'd be a challenge . But they're reliable , regular performance and they typically offer strong income growth as well Ben .

Speaker 2

Yeah , they do . So what happens with a proven performer is that's where land spreads out , so it's a ripple effect and so the longer or the scarcer that land is , closer into the bigger cities , that's the trigger for proven performer in terms of getting that capital growth .

So again , more to read in here in terms of where do you find them , price points to pay those types of things , but proven performer is definitely one of those strategies . Number two Brice .

Speaker 1

There's the picture there , ben from proven performer , just so people are visual . Number two , ben is rare .

Speaker 2

Oh , look at you , oh if you can get in front of the camera .

Speaker 1

There we go rare , rare , rare . It's effectively in the land that's underneath , so it's got appreciating values because largely of its scarcity Again , rare earth , giving us a bit of a clue here . But it's well if supply is the enemy of capital growth , this is the friend of capital growth , ben , because it's high demand . Look at you putting up picture .

Speaker 2

Correct , correct . So that to me is a real story about basically land appreciates and value the properties , the general generic run of the mill properties deteriorate and depreciate . It's only those scarcer things in terms of that . Now , number three , brice . Oh , million dollar strip , what's ? A million dollar strip Brice .

Speaker 1

Well , you think of areas that are in high demand , ben , that people want to be in . You think of I'm trying to think of what it is on the Gold Coast . I think it's Jefferson's Lane . You've got parts of Turac . You could go into Middle Park or Albu Park here in Melbourne .

It's clearly where , if you had we put it in the book if you had unlimited money , that's where you'd live , ben .

Speaker 2

Yeah and Brice , the best part about this is that these locations are really , in every city , the favorite streets .

It's that , you know , if I was successful , if I wanted to live in a location in this particular city or whatever , they are the nicest streets , they are the streets that offer the best advantage and we also often talk about you know , these drivers around perception and success .

People say , if that house ever comes up on that street because it's a million dollar strip , I want to live there and that is all about success and what people see of me and what , in a lot of cases , what people see of themselves . So that is million dollar strip no-transcript .

Speaker 1

Think of being able to do this , ben , where you can just sort of do one of these and go it's got a fair bit of bragging rights .

Speaker 2

I know where you're going with that , but you know I was glad for a second there . I'm thinking where , what's he doing , like obviously ?

Speaker 1

Everything's G rated around here , ben , so all right . Number four is changing places , ben , I'm going to beat you to it .

Speaker 2

Yeah .

Speaker 1

You kick off . What ? Changing places , changing faces is Ben .

Speaker 2

Yeah , so that's the gentrification story . Price of an area . It doesn't get any more powerful that you know . We've always talked about time in the market as being the number one thing . If you've got that good bit of dirt in that right location in a city that's going to ever expand , then you're going to have good capital growth over the long term .

But if you can time this one Bryce in terms of changing places , changing me gentrification you can get a little bit extra uplift as the money arrives into that area and people beautify that location and the restaurants and bars and and the livability of the area lifts . You get this extra little bit of return over that short to medium term .

So that's what we refer to as gentrification or change here in homes .

Speaker 1

Ben typically with nice character homes got a little bit of architectural extensions out the back entry level . European cars nice and nice to the CBO , all that sort of stuff . So changing places , changing faces , ben . All right , the city fling pure lifestyle .

All about the amenities being close , not in the CBD Ben on the fringe , but all of the lifestyle in spades , particularly popular with younger people with with high incomes Ben and plenty of energy to spend on their on their extracurricular activities .

Speaker 2

All about accessibility , bryce . That's why it's called the city fling . I can be in town quickly in five , ten minutes for work . That's where I earn my good money , and then I can also be in town for Friday and Saturday night partying . But I can also be close to the beach where I've got accessibility .

So you normally find these city fling locations that sort of gather up between the central business district and the coastline and they are the places to be for those young professional couples and that's why they have price pressure . That forms capital growth .

Speaker 1

Beware , does not mean medium and high density .

Speaker 2

No deal , no deal , no deal , no deal . Okay , I love it .

Speaker 1

I love it . Hey wave writer is number six Ben .

Speaker 2

Yes .

Speaker 1

I don't think you , I don't think you need to be a rocket scientist there to think well , if location does 80% of the heavy lifting and your budget says that I can't go there , well , why not go to the neighbouring suburb ? And if enough people are doing the same thing , ben , because they've been priced out , you'll have this beautiful wave effect , ben .

Speaker 2

Correct .

Speaker 1

Ride the wave and ride it into shore , seeing some of the growth .

Speaker 2

Yeah , and you know there's a lot of data and statistics now that sort of approving this principle , that exactly what we said .

Those people like well , I'd like to be in this suburb and that's the better suburb of the two , but you know I'll compromise to the next suburb where I get better house in a nicer street , maybe a bit extra land and ultimately , just through that demand drivers you get that pressure on price and that's where you see capital growth coming through from a location

point of view , as part of the wave riding or ripple effect , as some people often talk about .

Speaker 1

I love it , ben . So , folks , just in the comments , those of you that are participating here , we'd love to know if any of those the proven performer , ben , the rare earth , the million dollar strip , the changing places , the city fling or the wave ride have you bought one of those or was there a bit of an aha thinking ?

Oh , I didn't really realize that that had a name , but I had bought that . Put us , put in the comments , ben , and let us know . We'd love to hear from you . Tim Coppler . Hopefully I didn't mess up the surname there . Tim has just wondered if I was doing the chicken dance , ben , before . So a little bit of this , a little bit of that .

And Nan Newin has said I bought two books from Apple iBooks . How do I know if my surplus is enough to start investing in property ?

Speaker 2

well , go to my wealth portal . Bryce , buy the other .

Speaker 1

Yes , yes , well , you can go to make money simple again dot com , dot au now and go and check that out there for you .

Speaker 2

Yes , and then you can get onto the platform and work out your surplus and that'll tell you whether you've got an opportunity there , mate so , ben , we , we , uh , we just talked about area growth strategies .

Speaker 1

We now want to pivot to property selection , ben .

Speaker 2

Now we say a location .

Speaker 1

That is 80% of the heavy lifting . The remaining 20% can be done if you get this right , or you can undo the 80% if you get this wrong . But let's set the scene with strategy number seven . Ben , take it away with scarce diamond .

Speaker 2

So the scarce diamond really is about one of those properties that are timeless , that continues to keep delivering and over time , as some of those character and charm of the area gets bowled over and the contemporary properties and all those types of things start coming in , what you ultimately get is this story around the scarcity of the actual asset itself , and so

, rather than it continuing to depreciate because it is unique , it actually gets a intrinsic value attached to it , a bit like gold does because of its scarcity or , as we've talked about there , a diamond does because it's so rare .

Speaker 1

Like Ben , just so you know , stiggy's throwing me because she's sending me text messages . So I go and read the text message and then the Skype just comes up on the screen .

But she had a good point to remind me that , ben , we are only going at headline level here , because what we do talk about in the book is we actually go through the strategy , then we go what investor it's suited to and we set that up in the previous chapter the difficulty level of this strategy , the risk and time allocation level , the price point , the tax

implications and when to buy . And we do that throughout each of the strategies . So there we go , folks . So we're only going headline level . So you need to go and get a book , copy the book theamtsyguidecomau , so that you can drill down and have a little look at that . Got a question here from Eric Bryce last week .

I said you looked the same as you did 300 episodes ago and poked fun at Ben's beard . I'm going to have to retract my previous compliment and apologize to him now . I was conscious of that because for two mornings in a row when you're homeschooling oh my goodness , how quickly does nine o'clock come around . So I just ran out of time .

So I'm not trying to be a second rate Ben , I'm just running out of time . Andy Reed says have a watch and tune into these . Oh , thank you , andy for passing on the love there . So we appreciate that . Go on , ben . Kick it off with strategy number eight . Well , not kick it off , but number eight .

Speaker 2

Yes , number eight , bryce , if I can get that up on the screen there , you're duckling , you're duckling , oh really .

Speaker 1

What are you talking ?

Speaker 2

to me . So not only do we talk about scarce diamonds in those in that particular property and the uniqueness of that scarce asset . If you do this right , it's the worst property in the best street and everyone else has done up their properties and you can just go in and reach in and grab that ugly duckling and turn it into a black swan .

You are going to do very well in terms of lifting the owner-occupier appeal of that particular asset and that's where you can make some capital growth . So nice little summary there in terms of what the ugly duckling is .

Speaker 1

Keywords Ben , equity play , active investor and having good bones is what that's all about . So that's strategy eight . Strategy number eight , which is the ugly duckling , Strategy number nine is the shoulder rider , ben . So this is a subsection of the wave rider , but effectively the shoulder rider is .

What it's saying is I can see all this new stock coming onto the market . I reckon I can actually go and buy two or three streets back and get something that's a little bit older , which is cheaper , and it's got a slower perception of value at this point in time , but I don't have to pay the shiny price , ben .

Speaker 2

That's it .

Speaker 1

In 15 years time . The new one isn't going to be shiny anymore .

Speaker 2

No , it's a beauty , this one . You can do really really well on in terms of just picking that property that is sensibly priced in a good location and watch everyone else basically get attracted to the bling price and it'll just lift it up . So there it is . I think it's a really good picture .

That sort of shares all I'm going to buy in the lower density , in the oldest 70s blocks , and you're going to all go and buy these big fancy apartments . My square meterage of probably property is better than yours . My land to asset ratio is better than yours , so that's why it's smart buying for those people who do the shoulder rider strategy .

Speaker 1

Halfway through , ben . How are we going for time ? I reckon we're doing our usual running out of time here , right ? So therefore we've been consistent . Strategy 9 , the shoulder rider . Strategy 10 , ben is the renovators mission .

Speaker 2

I was even underlined that page there , bryce , you've got a little note in there for yourself .

Speaker 1

Well , these Facebook lives can be a little bit pressure for me . You've got to make sure that we get it on cue . But basically I don't think it's going to be any surprise to anyone what a renovators mission is , ben , I mean Worsthouse for Street .

Speaker 2

Bring your drill , bring your hammer .

Speaker 1

Bring your hammer .

Speaker 2

Yes , Bring your saw . Yeah , that's all it is . Do all of those things .

Speaker 1

So it's basically there we go . I'm looking at the screen . I can see there's a bit of a delay , but I was just putting up the URL sort of the armchairguidecomau . So renovators mission Ben is a property strategy to actually lift the value of the property through the effort that you do and you need to be active for that .

And here we go , we're going to bring it home , ben .

Speaker 2

Yeah .

Speaker 1

That's number 11 , reliable and durable .

Speaker 2

Again one of the most sensible strategies to adopt , whereby you're getting a property thinking not only about its potential for growth but you're also thinking about its wear and tear . So if the asset is deteriorating , what do you want in that property ? Do you want marble , benchtops and expensive materials inside that property that will date and age ?

Do you want brick ? Do you want weather board which takes more maintenance ? And it's thinking about those types of things . So I always talk about tiled floors , laminated kitchens , reliable and durable , sensible bathrooms , not the latest and greatest , because ultimately this is a rental property , so you want to present it in a nice manner .

But painting will freshen the property up . But you don't necessarily need to go crazy on all of your amenities and fixtures and fittings . Just keep it reliable and durable and if you grab that asset , it'll rent nicely in the best locations and you will do well over time .

Speaker 1

Ben , it's not about the good looks on these ones , is it ? You're not going to drive past and your friends are not going to be impressed by the beautiful period of appeal of these houses . It's just going to do some heavy lifting for your lifestyle design , ben , because that's what it's all about .

It's having a chat today , ben , you don't want to be rich , you just want to design the lifestyle that you want , and these things just become a vehicle for your lifestyle design . All right , so strategy 11 is reliable and durable . Strategy 12 , ben , is size matters .

Speaker 2

Size matters . Bryce , Tell us about why size matters .

Speaker 1

Wow . You essentially want to get as large a block of land as you possibly can , ben , because it gives you an opportunity to do a couple of things with that property . But clearly the value is in the land . In the highest land value areas , the more of it you can acquire as the land lord . Ben , as the land lord the better it is for your strategy here .

The more you got , the better it is , or equally , it could be a larger size dwelling as well , Ben .

Speaker 2

That's right . I mean that is why people do say , oh , I want to go out wide and get some extra land or a bigger size , or I can get a bigger half . That's not what we're saying here , right , it's about focusing in on the fact that the better the land content you can get in where it's scarcer , where it's in limited supply , you'll do better there .

That's the size matters story .

Speaker 1

A couple of questions here . Ben Connor Christie says love the book . Guys , I'm interested to know your thoughts on ownership structures . In the book all the property seem to be either personally held or joint ownership , not in the company , et cetera . Probably pretty detailed . I think it was episode number 228 . We had a chat with a tax expert .

Revert back to that because we did cover off your own name structures , all those sorts of things , because essentially it's horses for courses . What do you need ?

Speaker 2

That's a property couch . Jump on the property couch . I think it was with Frank as a party .

Speaker 1

Yes , julia Hartman .

Speaker 2

Julia Hartman . Julia Hartman , We've done it on people .

Speaker 1

Ben so Julian said the dream team love it . Well , thank you , we appreciate that Julian . Steve Haynes said hi guys , when does the dwelling become age stock , where it starts to see intrinsic growth ?

Well , generally speaking , when the values start to be similar to what other properties end up being , because there's a premium that you pay for the shiny taps and for being the first and smelling the aromas of the new products .

But over time , however long that takes , it's when , because when you comp a new property , generally you can't find any established properties that actually match the value . So it's when that parity and there's no real timeframe because it's different . Well , I'm going to have a golden timeframe , you ready , go on .

Speaker 2

So if cars are vintage at 30 and 40 years , double that for property . So you are talking usually when we're talking about real scarcity , so you're talking Victorian , edwardian , art Deco , post war , those are the properties we're talking about .

If you're talking about just double bricks , you know standard homes that have been built in the 70s and they're going to need another 20 or 30 years before they have any value to them because what they really weren't built with the same craftsmanship and the style and design price .

So and if they run of the mill and there's a lot of them then they probably won't , probably won't reach that scarcity . So you know , now we're seeing , you know old holding Commodores and all that starting to get some revaluation because there's less of them on the roads .

But these double brick homes may not necessarily have in middle of suburbia , won't have that same type of scarcity , appeal and desire as the , you know , the federations , edwardians , victorians , the Art Deco's , the Klinker Brick , those type of properties .

Speaker 1

A really good question , steve . Hopefully that's helped you . Hey , kelly . So I just said this one , ben , we kicked into a renovators mission in brackets , along with two others in the 12 months since giving it all up to the Money Smart system . The result we just sold in two days and paid off our principal place of residence and are ready to go another one .

Thanks guys , this has been an invaluable podcast for us .

Speaker 2

There it is . You are the hero . You are the hero . We love you for doing that . We'll just help guide you where we can .

Speaker 1

That's terrific news . Well done , eric's . Come back . In all seriousness , thank you for this Facebook live . I'm not just a heckler of facial hair . I'm about halfway through the book and loving the walkthrough and supporting content .

Speaker 2

So , folks .

Speaker 1

What I'm going to suggest , Ben , is we've got an audio book coming out as well , so anyone who has a copy of the book will let you know what that looks like . But we've got the audio book coming up , so everyone will get an opportunity for that . So for those people who love to read , that's no problem .

Those people who like to listen , we've got you covered , we've got you coming in .

Speaker 2

Thank God , it's just Bryce's voice and not mine . Perfect .

Speaker 1

Mate , I was tortured going in that studio for two days . You didn't even come as I could Mate . But strategy 12 , a size matter . Strategy 13 . Ben , let's bring it home . For the property selection strategies for capital growth , Strategy 13 is the piggybacker .

Speaker 2

Yep . So the piggybacker is a game about looking at the properties next door , and so we did that for location . This one about West Westhouse Best Street , this one is about sort of saying , well , I'm going to piggyback on all that's going on in the street and watch all of that beautification happening and then I'll go .

Okay , thank you for investing all of that money . Everyone around me , I've just got on your backs and you've pushed the land value up a little bit higher for me and I appreciate that .

So thanks for doing that everyone , because now everyone loves this street and you've turned the street into a million dollar strip or a circle , a dress circle area , and I'm thankful for that . So thank you for doing that little strategy for us .

Speaker 1

Think of the lead bird Ben in the V formation in the sky . That bird is doing all the hard work and the ones in the slipstream are just going . How good is this ? All the heavy liftings being done at the front . So the piggybacker is the V formation of the bird . So there we go , folks . So the summary of property selection strategies for capital growth .

So we did the location for growth , now we do our property strategies . Here's the summary Scarce diamond ugly ducking shoulder rider . Renault mission bend reliable and durable . Size matters . And the piggybacker let's bring it home , ben . We're 13 down , five to go . We've now got area strategies for income .

So not property strategies , but area strategies Number 14 , strategy number 14 is no vacancies . Bring it home , Ben .

Speaker 2

Yes . So no vacancies is talking about looking at the location and saying why would I go into a location where the general populace is indicating that vacancy rates are greater than 3% , which is a balanced market ?

I want to go into areas where it is tightly held that there is very little rental vacancy , and so that is the no vacancy strategies , because where again demand and supply plays a role the higher the demand , the lower the supply from a rental point of view is where vacancies are less than 1% , and that also means that we can pick up a little bit of extra

rental income on the journey .

Speaker 1

Well said so . Strategy 14 , no vacancies . Strategy 15 , the boom town has been . Best way to describe a boot town is to think of a mining town .

Speaker 2

Ben yeah .

Speaker 1

Think of the far north of Western Australia , think of mining Queensland , all of those towns that are relying on the fact that if there was no high income on offer , ben , you would not live there . 42 degrees in the shade is not fun , and so word of warning on boom towners .

Speaker 2

It is definitely a cash cow strategy we get that , and it's very much a location yield strategy . But be careful . Be careful out there people . That one is one that can bite you on the bum . If the economic circumstances of the area deteriorates or the mining operations deteriorate , you can be bitten on the bum with that one .

Speaker 1

Yeah .

So strategy number 16 , the non-aspirers , Ben , this is about people who don't have aspiration for long-term property ownership , themselves happy to be tenants , and so therefore , if the opportunity is right and a couple of other combinations are right , this is about knowing that you've got the security of the tenant , but on the caveat of making sure you don't take

advantage of this demographic right .

Speaker 2

Yeah , this demographic , we want to be sensible about how we talk about it in terms of non-aspirers . They're not aspiring Australians , they're living their life in their way . They're usually lower socio-demographic areas and that is why their capital appreciation has been sluggish and that's why the yield component of that return is really strong .

And we also say there's a lot .

You know , there'd be hundreds of towns around the nation which we would be calling non-aspiring towns because they aren't there , they're not growing towns , but the people who live in them love them and they love the fact that there's not a lot of change going on and those renters are going to stay longer term and they pay a premium on the value of the asset

and that's why you get yields in that sort of 6 , 7% plus range .

Speaker 1

Alright , so 2 to go , ben . That was the area . Now it's the property income strategies . So strategy number 17 , Ben is the double up . Oh , haven't we shown pictures ? Have we the double ?

Speaker 2

up , so it gives it away doesn't it . It does .

Speaker 1

The granny granny flats , a classic example . You've got a house that you can turn into more bedrooms , or you can turn it into a double story and split up the living area . So basically , as the term says , ben , you're doubling up the opportunity to earn an income in some way .

Speaker 2

Yeah , so double ups can be classic in terms of the location splits and the putting the extra dwelling on the back . They can for very , very large houses with sort of three living zones . Splitting up the third living zone into a couple of extra bedrooms where you can potentially get additional rent on those is also part of that strategy .

So that's what we talk about in terms of doubling up the beds or the number of people you can get into the property .

Speaker 1

Ben , we didn't think we'd get here , but we have strategy number 18 , the final one is the slice and the die spin , so effectively subdividing the land into multiple . There we go . Title one , title two help , the picture paints a thousand words . Right , or equally , you might have a set of units that needs to be split up into separate strata titles .

Speaker 2

Yes , that's another great way of doing it .

Speaker 1

So you could do that as well . So the slice and the die spin . So there's the 18 strategies . Do you reckon I could riff them off really quickly ?

Speaker 2

Oh , give it a go , give it a go .

Speaker 1

All right . So strategy number one was the proven performer , Ben . So strategy two was the rare earth . Strategy three was the million dollar strip . Strategy four changing places , changing faces . Number five is the city fling , Ben . Number six is the wave rider . Number seven , as we flip from area to property , is the scarce diamond . Number eight is ugly duckling .

Number nine is the shoulder rider . Number 10 is the renovators mission , Ben , and 11 is reliable and durable , 12 is size matters and 13 is the piggybacker . So that is the summary for growth , All right . As we pivot to income , number 14 is no vacancies , Number 15 is the boom towners and then we have the non-aspires for number 16 .

And then we pivot , Ben , to the property income strategies . Strategy 17 is the double up , Ben Cash cash . Strategy 18 is the slice and dice , and just a reminder that , Ben , we've just gone at headline level here .

We certainly haven't gone down to the fact that investors , it's suited to the difficulty level , risk and time allocation level , the price point , the tax implications , and Ben one property can have multiple of these categories , as well which is an important determination .

Speaker 2

They're not mutually exclusive , Bryce . They can overlap into each other , and that's the nuance and the art of understanding property investing in this country .

Speaker 1

So there you have it , folks . We've now gone through nine chapters . Ivers has had up on the screen a couple of times where you can go and get a copy of this book . We've got a couple of quick pieces of feedback here . Kelly said I do have to thank Damien from your Power Wealth , though we didn't get here on just the podcast , though .

The podcast is the new addiction . Oh , I'm happy with that addiction .

Speaker 2

Nice .

Speaker 1

And then we've got Leonie Gunning here . Says you guys are easy to listen to . I look forward to reading my book . Just about to receive the keys for our first property investment , ben , thanks to Jim Dynas . And then yeah . So I think that's all of the Stiggy . Let me know if I've missed any of those . But , ben , we are excited . We are at the .

Is Penelope's on the rise ? Is that second ? we're gonna talk about the case studies next time , and then we'll have totally , totally read the book , Ben , We'll have totally wow A few highlights of around the world .

Speaker 2

Yeah , summarized , you know .

Speaker 1

Audio summary but basically we wanna give everyone a few highlights of this book because we wanna get it into as many hands as we possibly can , Ben . So if you go to thearmchairguidecomau , we will give you a free book , if you pay for us to ship it to your house anywhere in Australia , Ben .

Or if you wanna walk into any good bookstore , you can walk into any good bookstore , Ben , and grab a copy and , as you said at the beginning of the Facebook Live , it's $22,000 . So anything that you wanna say finally Ben what did I say $22,000 .

Speaker 2

22,000 copies 22,000 copies sold .

Speaker 1

See , that was a test to see if you actually do listen to me . Yeah , I was drifting off .

Speaker 2

I'm impressed . Yeah , you're wrapping up , so I was drifting off . What are ?

Speaker 1

your final words before I wrap up , Ben .

Speaker 2

Knowledge is empowering price and what we've heard from a couple of the people today when they act on it , it can be transformational , Can be transformational .

Speaker 1

Gigi threw me into a I'm about to sign off on the podcast and I you dropped me off back foot . Speaking of podcasts , we do it every Thursday , ben . We're gonna do it this Thursday , we'll do it the Thursday after it comes out , every Thursday at 3 pm .

So all you need to do is go to thepropertycouchcomau hey there , folks , bryce , here again , and we've got something super exciting to share with you , because we've been working hard on creating a brand new course that perfectly compliments the book and this mini series . It's called how to Retire on $2,000 per week .

In this course , we'll reveal never before seen insights into how we created each of the case studies in chapter 10 of the book . In fact , we're going to make it available to you first , just for being a part of this awesome mini series .

Simply go and get your hands on a copy of our bestselling book for free , and everyone who got a copy during this mini series will receive a special discounted price that won't be available anywhere else .

It's our way of saying thanks for tuning into our Armchair Guide to Property Investing mini series , which we hope is adding value as we show you how to retire on $2,000 per week .

All you need to do to get your hands on your free book is go to wwwthearmchairguidecomau and give us two things One , tell us where to send it and two pay for the postage and handling , and that's it . We'll do the rest .

Once you leave your details , we'll rush out a copy to you and you can start reading along with us as we unpack the book chapter by chapter here . Once we release the course at the end of this mini series , you can dive straight into the teaching and start creating your $2,000 per week . So go to wwwthearmchairguidecomau today , enjoy .

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18 Investment Strategies: Which One Are You Implementing? | The Property Couch podcast - Listen or read transcript on Metacast