Investing Insights, a podcast partnership between Smart Property Investment and leading property buyers’ agents Steve Waters and Victor Kumar from the Right Property Group, delivers investors real-world strategies to create wealth through property.
The team delve into the hard issues that property investors face, demystifying complex terms and strategies and providing practical solutions to maximise your investment potential – regardless of the size of your portfolio. The team cover key property market dynamics, principals and tactics and dig deep into the issues that matter to help you make more informed property investment decisions. This podcast is a must listen for any investor wanting to boost their understanding and invest in their property investment education.
From Series 2 of Investing Insights with the Right Property Group, the podcast is now located on the Smart Property Investment Podcast Network, which you can find here on iTunes https://itunes.apple.com/au/podcast/smart-property-investment-podcast-network/id1062491621?mt=2 or listen on https://www.smartpropertyinvestment.com.au/podcasts/right-property-group.
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For more info
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www.smartpropertyinvestment.com.au | facebook.com/SmartPropertyHQ | twitter.com/SmartPropertyHQ
ENCORE EPISODE - Design your decade part 1 (episode 45)
ENCORE of the most popular (and Melissa's favourite) episode!
The DESIGN YOUR DECADE episode was published on 26th June 2020. Phil Tarrant and our own, Steve Waters and Victor Kumar deep dive into the critical questions for investors to consider when approaching the first five years of designing their decade.
Regardless of where you are at in your life, the Design your decade episode is a MUST listen for everyone.
There are so many golden nuggets of goodness throughout that are applicable to those who are planning to start their property journey to those who may have started decades ago. So no matter what stage you are at you will find value in what Steve, Victor and Phil have to share.
As an experienced investor Melissa has found this particular episode really resonate and gave her the reminder of what she needed when it comes to the importance of reviewing their portfolio and dedicate regular time towards it. The episode also gave her the opportunity to reflect on their journey so far and where it was headed in the coming years. She distinctly remembers listening for the first time as she was driving and thought to herself " Steve and Victor have really nailed it with this episode".
4.07 - Control what you can influence
7.45 - Where do people go wrong? impatience and not organised!
- anyone that has deviated from the fundamentals will hurt
10.31 - Navigating the first 5 years
12.25 - Transition point from consuming information to implementation. Most people get stuck in information overload
14.50 - A fundamental point in time for experienced investors to reflect and reset
17.00 - What are your tolerances to capital and cashflow
20.19 - critically analyse your lot in life. Each person will be different.
31.00 - The banks will tell you what you can afford, however only you know what you can afford. Often there is a big difference.
34.00 - Formulate strategy based on finance.
The best investors are those that have strategies in place to withstand and succeed in any given situation, whether that be changing personal circumstances or a broader economic crisis triggered by a global pandemic.
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Ep 66 - The evolution of a successful investor - identify your investor profile. Don't be number 5!
In Episode 66 of the Investing Insights podcast, Victor Kumar and Steve Waters from Right Property Group unpack five investor profiles. The evolution of a successful investor is about identifying your investor profile.
Victor and Steve have for many years referenced the four investor profiles and most recently have added a fifth.
1. The collector loves ownership, wants to buys something. Just wants to be an investor. We see a lot of them in this market. Generally not strategic as they get caught up in brag rights and number of doors they have and mistake action with results.
On the upside buying one is better than doing nothing!
2. The Observer loves the idea of investing but does nothing as there is always a reason for not doing something which is usually wrapped around fear? FOMO in reverse – shoulda, woulda coulda……
The observer spends endless hours poring over analysis and opinion, discussing statistics and rationalising their choices. They will set up an extraordinary number of ‘watch lists’ on their favourite property portal, and examine the results forevermore.
The key failing is they get caught in the endless loop of analysis and are eventually paralysed into inaction.
The right time is always now! To get to the profits, end goal you have to be IN the market to begin with.
3. The speculator loves to brag and accumulate front doors, quick wins, and rolls the dice. They are lovers of action and the thrill of the chase. Most that speculate tend to only look at the positive side rather than looking at the finer details and what could go wrong.
Any investment class has a form of speculation around it . Everyone has been a speculator in some capacity.
Being a speculator sounds like a heap of fun, because they operate with almost no perception of risk, making big decisions on the fly.
Who isn’t thrilled by the adrenaline rush of quick wins? The speculator is on the constant hunt for opportunities to purchase and profit. Driven by the desire for fast gains, they’ll forego sensible due diligence and, instead, try to outwit the market.
The speculator’s view is entirely short-term – they love the action – but speculation without information is a risky game in property. And the downsides can be extremely costly.
4. The investor is the most sophisticated of the four types. This is what you want to be, or at least, where you’ll want to end up.
The investor loves opportunity and is prepared to take advantage. The investor has their finance at the ready and research on hand. They’re aware of what’s needed for their portfolio to thrive in the long run.
As the investor the strategy that you deploy is always pivoting slightly. There is always something that will come up where adjustments need to be made. Controlling the now.
5. The resentful investor almost always comes out when things don’t go their way. They let go of all commonsense. They focus on nothing but growth. Because everything is humming along so I can afford all of this but then the rate of growth slows, rates increases and the lack of CF becomes very apparent. Resentment then sets in. At this time of the cycle they don’t exist but come the next 3-5 years they will crop up as commonplace.
All profiles lead to the resentful investor if you aren’t well considered and stay the course. To prevent the resentful investor coming out, Right Property Group clients have regular portfolio reviews by Victor and Steve - guidance and clarity in keep your finger on the pulse and are seen as an important element to controlling your portfolio.
Need guidance on where to next? then book a blueprint meeting with Victor or Steve. Click here https://thisisrightpropertygroup.com.au/strategy-session/
If you have any questions about what you heard today please email email@example.com
Ep 64 Manufacturing equity in a rising market
As the property market goes from strength to strength, with low rates, FOMO and undersupply creating a seller’s market, active investors need to get creative in order to maximise value.
In this episode, hosts Phil Tarrant, Steve Waters and Victor Kumar discuss the tactics to building a truly smart property investment portfolio and whether those same tactics used after the GFC are still relevant today.
The trio explore the concept of ‘market value’, how to add value to a property that investors have paid top dollar for, and whether property investors can continue to negotiate with sellers in a rising market.
Ep 63 - Is now the best time to purchase - It all comes down to YOU and YOUR circumstances
In Episode 63 of the Investing Insights podcast, Victor Kumar and Steve Waters from Right Property Group have a detailed discussion on a wide range of topics including the pulse of the market, agent mechanics of listing a property in todays market and insights into finance.
The question most people tend to ask is “Is now the right time to get into the property market?”. For each person this will be a different answer as depending on your own set of circumstances – Its not a clear answer. Investing is about timing the market in terms of YOUR set of circumstances. Eg Two years ago you couldn’t borrow due to thresholds and today you can. So potentially it is your time.
It all comes down to being business orientated. Far too many people think the hardest part is purchasing. Actually it the reverse. It’s the how you control the purchases and manage the years ahead of holding the asset.
Buying within your own means. Buying on what YOU are trying to achieve by purchasing towards a plan. At times like this you can re arrange your portfolio – if they are no longer fitting and doing what they need to do. Before you jump into selling, consideration of the associated costs need to be worked through. E.g .transactional costs as well as replacing the rental income.
When it comes to finance rates will go up. It's reality that they won't remain the way it is.
The golden rule of asking a bank is "are you cross securitised ?". There is a time and place however its is well worth the while checking in with a broker experienced in structuring investment property loans.
Like we have said many times before remember you ALWAYS want to be liquid. When you can borrow you should, you don’t need to spend it. Have the money before you need it.
The key to investing is to be prepared for the opportunity rather than the other way round where you then need to shortcut the process. Never ever forgo the pest and building for example. Have your team around you when entering the buying process - Property strategist, Broker, Accountant & Conveyancer.
You will hear all of this and much, much more in this episode of Investing Insights!
Are you ready to take the next step in your property investment journey, or simply need guidance on where to next, then book a blueprint meeting with Victor or Steve. Click here https://thisisrightpropertygroup.com.au/strategy-session/
Did you like this episode? Show your support by rating us on iTunes (Investing Insights) and by liking and following Right Property Group on social media: Facebook, Instagram, and LinkedIn.
If you have any questions about what you heard today or any topics of interest you have in mind, feel free to email firstname.lastname@example.org
Ep 62 Why due diligence is key in a rising market
The property market is flourishing across the country, with a case of FOMO, coupled with undersupply, sending prices north.
In this episode, hosts Phil Tarrant, Steve Waters and Victor Kumar discuss why assertive action and due diligence are key in a rising market.
The trio explore what the economic ecosystem is telling us about this period of growth, the consequences of poor decision making, how New Zealand has moved to curb its soaring property prices, and more.
Ep 61 FIVE absolute finance MUSTS to protect and enhance your borrowing capacity
In Episode 61 of the Investing Insights podcast, our hosts Victor Kumar and Steve Waters from Right Property Group along with special guest Sze Chuah from MLS Finance discuss the five absolute finance musts to protect and enhance your borrowing capacity :
7.30 - Welcome to special guest Sze Chuah, MLS Finance.
8.30 - Changeover from responsible lending to responsible borrowing and what specific changes are looking to be made.
9.50 - Buyer confidence is high, preapprovals are high so longer application times.
12.09 - Many investors are deemed complex so they go to a separate queue as opposed to a first home owner.
13.44- Every finance application is in effect a business proposal.
16.35 - Really important to understand the type of finance you are getting . By working in with property partners you can get a better outcome. E.g. having the insights of the lenders and close collaboration is more so today in this market.
18.20 - Product Selection – don’t be soley rate orientated. The best rate isn’t necessarily the best for you and your portfolio. Rates are important though as they drive serviceability and repayments.
20.25 - People are under the impression that if they have equity they can uses it. No longer is it a foregone conclusion. Post APRA and Royal Commission lenders are scrutinizing the purpose for the equity releases.
21.05 More solution base lending. Many more considerations other than the rate.
22.07 - Offset – a super handy facility. A bank account linked to the home loan with a balance that reduces your interest. Instead of putting money in a high interest account you are saving what the interest rate is that your are paying. One of the best products in the finance eco system. Gives us the ability to dump money in and to be liquid.
27.48 – Lenders Mortgage Insurance (LMI) – 88% plus LMI sweet spot.
29.47 – reducing NON-DEDUCTIBLE DEBT. Minimizing credit cards, car loans, car leases etc as this affects serviceability. Investment debt is calculated more favourably.
32.20 Control the cash flow control the opportunity
33.01 a 60k car lease looking at about $1500per month approx taking around 300-400k of a mortgage – buy the car or buy a property. There are other options to car leases to maximise your borrowing capacity. You need to be tactical and methodical, what steps are you going to take today to enable to be in x position tomorrow.
37.36 REPAYMENT STRUCTURE from a property perspective with intent of a potential reno and flip needs to weigh up heavily with cash flow plan of the property must be considered – equity harvest etc,
39.56 Fixed / variable/ IO/ PI comes down to the plan for the property and also the banks policy / rues on for example harvesting equity
40.35 EQUITY HARVESTING and how it can benefit. Banks are deprioritizing those wishing to extract equity. Its about creating buffers and mitigation for the future. You have the money before you need it. Liquidity is such an essential part of any investment platform. Being ready, being opportunistic. Protecting your position
46.40 INCOME – Disposable income. Some lenders are good some not so good at different types of income eg with commissions. Brokers will understand the lenders products and policies and match what you are trying to achieve.
Income is also about expenditure. Expenditure is the easiest way to increase income. Review of rents, adjust interest rates and the combination may allow for increased borrowing capacity.
52.59 LENDER SELECTION –ties everything together. The right lender will give you the element of all of the above right product for right rates.
We hope you have enjoyed listening to this episode of the Investing Insights Podcast.
Do you have a question? email email@example.com
For more information on how MLS Finance can assist you go to https://ww
Thank you for helping change my life. This was the first podcast I have ever listened to about property, and it gave me the courage to stop procrastinating and take that first step.
With the help of Paul and the PPI team I am now an investor.
Thanks to Phill and the SPI team
I wish it was on more than once a month! I’ve learnt so much from these guys.
Best investment podcast
This podcast is worth money, these guys give the best advice for free. It would normally take years to gather this kind of insight from accountants, agents, advisors, etc.