The HMO Property Show Neil Gibb

Welcome back to another podcast episode!
This week we're chatting with Adam Przytula, the founder of Armed For Life, an awesome organization that helps young people build resilience and bounce back from tough times.
Adam gets real about his own experiences and shares some amazing tips on how to raise strong, confident kids. We also talk about screen time, balanced parenting, and how Armed For Life is making a difference in schools and communities.
Here's a chance to make a positive impact! All investors who sign up to work with us have the opportunity to donate $250 to Armed For Life. That's right, by partnering with us, you can directly contribute to building a generation of resilient young people. 
If you're a parent, teacher, or anyone who cares about young people's well-being, this episode is for YOU! Plus, learn how YOU can get involved with Armed For Life's mission. Let's build a generation of resilient young people together!
For more information, visit
For those that prefer to watch you can also catch us on YouTube. Want help with your investment strategy? Reach out to us for a free, no-obligation initial chat with our team and see how we can help you with your investment journey. Book Now Join the Perth HMO and NDIS High Cashflow Investment Properties Facebook Group. Armed For Life - https://armedforlife.com.au/
The HMO Property Co
Website: www.thehmopropertyco.com
Instagram: @the_hmo_property_co
FaceBook: The HMO Property Co
LinkedIn: The HMO Property Co
YouTube: The HMO Property Co
TikTok: thehmopropertyco_
Spotify: The HMO Property Show
Apple Podcast: The HMO Property Show

Living Rooms - https://livingrooms.com.au/

Disclaimer
Nothing on this channel should be considered tax, financial, investment or any kind of advice. Everyone should do their own due diligence as only a professional diagnosis of your specific situation can determine which strategies are right for your situation. Our goal is to frequently feature edgy and actionable value, thought leadership and property/investment strategies.
 

This episode discusses the sunk cost fallacy and how it can negatively impact property investors. The sunk cost fallacy causes investors to continue investing in ventures that are no longer beneficial due to the resources already invested.

Common examples of how the sunk cost fallacy shows up for property investors are holding onto underperforming properties for too long or continually putting more money into a failing deal. Emotions like not wanting to admit a mistake or cut losses can keep investors stuck.

Understanding opportunity costs and alternative uses for resources is key to overcoming the sunk cost mindset. Selling an underperforming property may unlock equity that could be better used elsewhere. Cash flow should be prioritized over vanity metrics like portfolio size.

Breaking free involves making objective decisions based on future potential rather than past costs. Small strategic changes like selling one deal to buy better cash flowing assets can drastically improve an investor's position and get them closer to their goals. Knowing when to cut losses is an important skill.

A real world example is discussed of an investor with a $7M portfolio but negative cash flow of $35k annually. Selling some properties could fund buying cash flowing assets with no debt. This would transform their situation. Overcoming emotional blocks and the sunk cost fallacy is possible.

Viewers are encouraged to reach out for a portfolio review if stuck. A strategist can identify holdings holding them back and suggest tweaks. Understanding this concept can help maximize returns and avoid common psychological investing traps around past costs.

Keypoints

The sunk cost fallacy causes investors to continue investing in ventures that are no longer beneficial
Emotions like not wanting to admit a mistake keeps investors stuck in underperforming deals Understanding opportunity costs is key to overcoming sunk cost thinking Breaking free involves objective decisions based on future potential Small strategic changes can drastically improve an investor's position
Chapter markers:
0:00 Introduction 4:30 What is the sunk cost fallacy? 8:15 Emotional traps that keep investors stuck 12:30 Prioritizing cash flow and future potential 16:00 A real world example 19:30 Overcoming the mindset 23:00 Call to action  
For more information, visit
For those that prefer to watch you can also catch us on YouTube. Want help with your investment strategy? Reach out to us for a free, no-obligation initial chat with our team and see how we can help you with your investment journey. Book Now Join the Perth HMO and NDIS High Cashflow Investment Properties Facebook Group.  
The HMO Property Co
Website: www.thehmopropertyco.com
Instagram: @the_hmo_property_co
FaceBook: The HMO Property Co
LinkedIn: The HMO Property Co
YouTube: The HMO Property Co
TikTok: thehmopropertyco_
Spotify: The HMO Property Show
Apple Podcast: The HMO Property Show
Living Rooms - https://livingrooms.com.au/


Disclaimer
Nothing on this channel should be considered tax, financial, investment or any kind of advice. Everyone should do their own due diligence as only a professional diagnosis of your specific situation can determine which strategies are right for your situation. Our goal is to frequently feature edgy and actionable value, thought leadership and property/investment strategies.

Are you curious about real estate investing but feeling overwhelmed? In this episode, Neil chats with Lauren Zornada, a mum who's a total rockstar in the real estate world! Lauren started by flipping houses and has now moved on to creating successful Airbnb rentals.
Lauren shares her secrets to success, like having a plan B (or even C!) and building strong relationships with other investors. They also talk about the current state of the Airbnb market, including the potential challenges and how to stay prepared. You'll also hear why trust is key in real estate, and how to balance being a busy entrepreneur with taking care of yourself.
Lauren Zornada - https://laurenzornada.online/
 
For more information, visit
For those that prefer to watch you can also catch us on YouTube. Want help with your investment strategy? Reach out to us for a free, no-obligation initial chat with our team and see how we can help you with your investment journey. Book Now Join the Perth HMO and NDIS High Cashflow Investment Properties Facebook Group.  
The HMO Property Co
Website: www.thehmopropertyco.com
Instagram: @the_hmo_property_co
FaceBook: The HMO Property Co
LinkedIn: The HMO Property Co
YouTube: The HMO Property Co
TikTok: thehmopropertyco_
Spotify: The HMO Property Show
Apple Podcast: The HMO Property Show
Living Rooms - https://livingrooms.com.au/

Disclaimer
Nothing on this channel should be considered tax, financial, investment or any kind of advice. Everyone should do their own due diligence as only a professional diagnosis of your specific situation can determine which strategies are right for your situation. Our goal is to frequently feature edgy and actionable value, thought leadership and property/investment strategies.

Ever feel stuck scrolling through endless listings, but never quite ready to pull the trigger on your dream property? You're not alone! This episode with Neil is your golden ticket to real estate riches. We'll crack the code together on being MARKET-READY, so you can seize those hot property deals before they disappear.
Get ready to unlock the secrets to understanding your borrowing power - the key to finding the perfect investment that fits your budget. We'll also delve into different property purchase structures, like using a trusty discretionary trust, and how your borrowing capacity fuels building a rock-solid portfolio. Plus, Neil serves up hot takes on the sizzling Australian real estate market, highlighting hidden gems like affordable housing and HMOs that could be your ticket to financial freedom.
Listen now and transform from frustrated dreamer to real estate investing champion!
For more information, visit
For those that prefer to watch you can also catch us on YouTube. Want help with your investment strategy? Reach out to us for a free, no-obligation initial chat with our team and see how we can help you with your investment journey. Book Now Join the Perth HMO and NDIS High Cashflow Investment Properties Facebook Group.  
The HMO Property Co
Website: www.thehmopropertyco.com
Instagram: @the_hmo_property_co
FaceBook: The HMO Property Co
LinkedIn: The HMO Property Co
YouTube: The HMO Property Co
TikTok: thehmopropertyco_
Spotify: The HMO Property Show
Apple Podcast: The HMO Property Show
Living Rooms - https://livingrooms.com.au/

Disclaimer
Nothing on this channel should be considered tax, financial, investment or any kind of advice. Everyone should do their own due diligence as only a professional diagnosis of your specific situation can determine which strategies are right for your situation. Our goal is to frequently feature edgy and actionable value, thought leadership and property/investment strategies.

In this episode, Neil Gibb shares the latest housing affordability reports and data on the state of Western Australia's property market. He analyzes trends in population growth, housing completions, rental vacancy rates and more to understand why affordability has reached record lows.

Some of the key areas covered include analyzing housing affordability reports from REIA and other sources to see how WA compares nationally. Neil also looks at stats on population growth, net overseas migration, and how few new homes are being completed each year relative to demand.

The current rental vacancy rate of under 1% in Perth is discussed, along with how this is the lowest in the country. With 87,000 new residents last year and only 13,000 new homes completed, it's clear why the supply shortage exists.

Interest rates rises and their impact on affordability are examined. Neil shares that WA households still only need to spend 36.7% of their income on housing costs compared to over 50% in some other states.

The opportunity that HMOs provide for affordable rental accommodation is highlighted. With many essential workers now priced out of the private market, HMOs help fill an important gap.
In summary, this detailed data breakdown shows why WA's housing issues will take years rather than months to resolve, and the role property investors can play in providing much-needed supply.


Key areas:
Latest housing affordability reports Population growth vs new home completions Record low rental vacancy rates Impact of interest rates on affordability Opportunity for HMOs

For more information, visit
For those that prefer to watch you can also catch us on YouTube. Want help with your investment strategy? Reach out to us for a free, no-obligation initial chat with our team and see how we can help you with your investment journey. Book Now Join the Perth HMO and NDIS High Cashflow Investment Properties Facebook Group.  
The HMO Property Co
Website: www.thehmopropertyco.com
Instagram: @the_hmo_property_co
FaceBook: The HMO Property Co
LinkedIn: The HMO Property Co
YouTube: The HMO Property Co
TikTok: thehmopropertyco_
Spotify: The HMO Property Show
Apple Podcast: The HMO Property Show
Living Rooms - https://livingrooms.com.au/


Disclaimer
Nothing on this channel should be considered tax, financial, investment or any kind of advice. Everyone should do their own due diligence as only a professional diagnosis of your specific situation can determine which strategies are right for your situation. Our goal is to frequently feature edgy and actionable value, thought leadership and property/investment strategies.