Episode 017 | Who’s Your Personal Banker?

Ep 017 - Who is your personal banker - Loan strategy The Property Couch

TPC Ep 17 - TipsThis time on The Property Couch, Bryce Holdaway and Ben Kingsley drilled down a little bit more on one of the Four Pillars of Mastery: Borrowing Power.

The theory of getting your finance right is to think about two to three properties or loans in advance whilst you are setting up the current one. But a lot of people won’t be able to do that simply because they don’t have the knowledge or experience to do so. Instead, they go to a bank or lender and hope that the banker will sort it out for them. They assumed that the person they dealt with will be their personal banker.  But that’s not necessarily true. The banker works for the bank and probably doesn’t have the capacity to conduct a thorough analysis on your loan strategy and structure. It’s something like going to the GP and asking them to perform a knee surgery. You wouldn’t do that. Listen to this podcast to find out who Bryce and Ben thinks should be your personal banker instead. They will also be discussing about cross-securitisation, stand alone lending and more.

 

Resources mentioned in this podcast:

 

If you like this podcast: “Who’s Your Personal Banker?”, don’t forget to rate us at our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://www.thepropertycouch.com.au/topics/

7 Common Mistakes When Selecting A Property Loan

The Property Couch Free report 7 common mistakes people make when choosing a loan - Structuring and strategy 2Whether it’s your very first home loan, your first investment property loan or maybe even a refinance of an existing loan, the decision you make about what lender and what loan product you choose carries a significant financial impact on you, so you need to get it right. As promised in Episode 17 | Who’s Your Personal Banker?, this special report is about ensuring that those of you just starting out, or those of you who need your financial affairs brought back into order, don’t make any common mistakes.

Click on the report to start downloading it.

Beginner’s Guide to Property Investment in Australia – WEBINAR

Apart from Property Investing Podcast, we want to be able to provide you with some visual demonstration on the theories and concept of property investment in Australia. That is why we’ve prepared this Free Webinar: Beginner’s Guide to Property Investment. Investing in Property is a high value transaction and mistakes can be quite costly so make sure you are fully prepared before making any decisions. Register today to learn more.

 

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What will this Webinar cover?

 

Have you ever read an article that says, “We’ve build a $2 million property portfolio in under 5 years!” and thought to yourself, “How did they do it?!”. Well, you are not alone.

Property Investment is a popular choice of building wealth for a number of reasons. But to start building your portfolio is not easy. You need to know a few things:

  • How to start investing?
  • Where should you buy the first one?
  • Apartment or House? New or old?
  • How should you structure your loan?
  • Do you have enough?

Since it is your first time, you need to make sure everything is right. As we always say at Empower Wealth, property is a high value transaction and to screw it up will result in very unfortunate damage and they are often irreversible. So join this free webinar today and make sure you are on the right path!

If you register today, we’ll send you our Money Magazine Cover story: How to Earn $2,500 a week by Building a Property Portfolio.

 

What are the Attendees’ Saying?

Essential viewing for any aspiring property investors, ticks off all the basic requirements prior to entry. – Nick S.

That was great! The webinar and website info is really helping me build my knowledge bank before getting out there! – Michael M.

Really well explained especially for first timers. Great pieces of information provided. – M

 

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Episode 016 (Part 2) | 5 Essential Steps to Property Investing in Australia

Ep 16 The Property Couch - 5 Essential Steps to Property Investing in Australia Part 2In Part 1 of the 5 Essential Steps to Property Investing in Australia, Bryce and Ben talked about the Clarify, Evaluate and part of the Planning stage.

To recap, Clarify is collect information about yourself and to set your goals from the next five years up to retirement. Some of the questions that you need to answer are why invest in property, how much are you spending each month, how much savings do you have, how much do you want to retire with and so on.

Evaluate is to analyse these information and numbers that you’ve collected and pinpoint the shortcomings and identify the opportunities. Think about how you can save more, what is the status of your cash flow management, can you adjust your lifestyle choices to buy an investment property, is it time to refinance your home loan and more.

In this part of the 5 Essential Step to Property Investing in Australia, we move on to Plan, Implement and Manage. We all know that Planning is not easy especially if you are planning 30 years ahead. But if you don’t have a plan, you plan to fail. What’s more, you need to be able to implement your Property Portfolio Plan confidently and make sure you arrange regular review to determine how you are faring.

 

Resources mentioned in this podcast:

 

If you like this podcast: “5 Essential Steps to Property Investing in Australia – Part 2”, don’t forget to rate us at our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://www.thepropertycouch.com.au/topics/

Episode 016 (Part 1) | 5 Essential Steps to Property Investing in Australia

Ep 16 The Property Couch -  5 Essential Steps to Property Investing in AustraliaIn this episode of The Property Couch, our hosts think it is unfortunate that money management and smart investment planing are not part of the curricular in Australia’s school system. Bryce Holdaway and Ben Kingsley re-emphasize the importance of understanding the fundamentals of money management and Property Investment. For those who have just stumbled on this property investing podcast, we strongly recommend you to check out our previous episodes especially the Four Pillars of Mastery series  because that’s where we discuss about the basics of this type of investment. In this episode, Bryce and Ben extend from that series and explains the Five Essential Steps to Property Investing in Australia.

All professionals need a process to follow and for Property Investors, in our view, this is the process to follow. Start listening the podcast to see how you can apply this process to build your own property portfolio.

>> Continue: Part 2 of 5 Essential Steps to Property Investing in Australia

 

Resources mentioned in this podcast:

 

Thanks again for all of our listeners out there. If you like this podcast: “5 Essential Steps to Property Investing in Australia – Part 1”, don’t forget to rate us at our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://www.thepropertycouch.com.au/topics/