Buy Right Property Book

Cate Bakos and Pete Wargent

The Buy Right Approach to Property Investing - The interview series The basic premise of this book is that the best time to sell property is never provided you buy the right property in the first place.  The Buy Right Approach to Property Investing will help you to achieve a passive income and financial freedom through investing in Australian property. Cate Bakos' and Pete Wargent's industry knowledge of Australian property investing shines through with detailed reflections on a multitude of investor successes and mistakes. Importantly, they outline what's involved in buying the right property, which includes: doing your due diligence on areas, properties and priceresearching historical capital growth and performancecalculating your return on investmentadopting a cautiously optimistic outlook and long-term viewmanaging your risk.Their mission is to demystify much of the jargon in the world of real estate and enable readers not only to better understand and relate to property investment goals but to embrace their confidence and take sensible, well-informed action. This 13-part interview series captures the essence of their industry friendship and shares with the listeners how the book evolved from an idea over pizza, and grew into a fabulous reflection of their shared and individual experiences on their respective property journeys. Each chapter is broken down and canvased with tips for their listeners in every episode.

  1. 10/11/2024

    Interview 14: Seven useful mental models for property investing

    This bonus episode was recorded six months after the book hit the shelves. Cate and Pete chatted about a the book's success so far and what it feels like to be authors. They also delved into seven useful mental models for property investors; an important topic that they incorporate into their upcoming course also. From leveraging to compounding, they tackle each point in detail. In addition, they canvas; • When the penny dropped for them as investors • Early mistakes • How investing has changed in twenty years We hope you enjoy! Cate and Pete believe that the best time to sell property is never – provided you buy the right property in the first place.    The Buy Right Approach to Property Investing will help you to achieve a passive income and financial freedom through investing in Australian property.   Cate and Pete’s industry knowledge of Australian property investing shines through with detailed reflections on a multitude of investor successes and mistakes. Importantly, they outline what’s involved in buying the right property, which includes:• doing your due diligence on areas, properties and price • researching historical capital growth and performance • calculating your return on investment • adopting a cautiously optimistic outlook and long-term view • managing your risk.   Their mission is to demystify much of the jargon in the world of real estate and enable readers not only to better understand and relate to property investment goals but to embrace their confidence and take sensible, well-informed action.   Link to the book   Join our facebook group here

  2. 07/30/2024

    Interview 13: Enjoy the journey!

    Pete and Cate's final interview in the book series is out! Some of the topics covered include: How regularly an investor should do a stocktake/auditWhy 'buy and hold' is so vitalWhat property investing looks like in 10, 20, 30, 40 and 50 years, andHow can readers join our inner-circle? Property investing can be life-changing, but as the series (and book) reminds us, it takes a special combination of discipline, mindset, consistency and time. Along the way though, it's a bonus if you can enjoy the journey! Cate and Pete believe that the best time to sell property is never – provided you buy the right property in the first place.    The Buy Right Approach to Property Investing will help you to achieve a passive income and financial freedom through investing in Australian property.   Cate and Pete’s industry knowledge of Australian property investing shines through with detailed reflections on a multitude of investor successes and mistakes. Importantly, they outline what’s involved in buying the right property, which includes: • doing your due diligence on areas, properties and price • researching historical capital growth and performance • calculating your return on investment • adopting a cautiously optimistic outlook and long-term view • managing your risk.   Their mission is to demystify much of the jargon in the world of real estate and enable readers not only to better understand and relate to property investment goals but to embrace their confidence and take sensible, well-informed action.   Link to the book   Join our facebook group here

  3. 07/17/2024

    Interview 12: Navigating the Future

    Pete and Cate unpack the next chapter: Navigating the future. -Things change and you will change -Their journeys have been wildly different, and yet some common aspects too. They reflect on these differences and identify the common themes that have made for their individual investing success stories -They tackle a challenging concept: What will Australia be like in 2050? – bigger population, wealthier nation, more tech, and ask "Where will we live?" Will there be more inequality? -Tech and AI, will it change anything? Jobs may change but there will always be more employment. -Lower fertility rates, more immigration; what does this spell? -Investing like a pro and considering your investment portfolio a business is essential for success. And they tackle the all-important point: Enjoying the journey! Cate and Pete believe that the best time to sell property is never – provided you buy the right property in the first place.    The Buy Right Approach to Property Investing will help you to achieve a passive income and financial freedom through investing in Australian property.   Cate and Pete’s industry knowledge of Australian property investing shines through with detailed reflections on a multitude of investor successes and mistakes. Importantly, they outline what’s involved in buying the right property, which includes:• doing your due diligence on areas, properties and price • researching historical capital growth and performance • calculating your return on investment • adopting a cautiously optimistic outlook and long-term view • managing your risk.   Their mission is to demystify much of the jargon in the world of real estate and enable readers not only to better understand and relate to property investment goals but to embrace their confidence and take sensible, well-informed action.   Link to the book   Join our facebook group here

  4. 07/01/2024

    Interview 11: Financing

    As Pete quotes, "Property investing is a game of finance, with houses in the middle". This interview focuses on the importance of getting the right advice at the start to build a robust financing strategy. Pete and Cate cover off a lot in this lending-focused interview, including; - Loan structuring - Mortgage types - Refinancing - Lender appetite for specific property types - Titles - Zoning - Valuation shortfalls - Reinvesting with equity And they ask the all-important question: "What happens when you run out of borrowing capacity? Cate and Pete believe that the best time to sell property is never – provided you buy the right property in the first place.    The Buy Right Approach to Property Investing will help you to achieve a passive income and financial freedom through investing in Australian property.   Cate and Pete’s industry knowledge of Australian property investing shines through with detailed reflections on a multitude of investor successes and mistakes. Importantly, they outline what’s involved in buying the right property, which includes:• doing your due diligence on areas, properties and price • researching historical capital growth and performance • calculating your return on investment • adopting a cautiously optimistic outlook and long-term view • managing your risk.   Their mission is to demystify much of the jargon in the world of real estate and enable readers not only to better understand and relate to property investment goals but to embrace their confidence and take sensible, well-informed action.   Link to the book   Join our facebook group here

  5. 06/25/2024

    Interview 10: How to build a powerhouse portfolio

    In this interview episode, Cate and Pete cover the all-encompassing tasks of rolling your sleeves up getting into building the portfolio. The steps include the following:  -Planning your purchases -Use a calculator -KISS -Long term plan for all seasons -Buy when you can and can afford to  -Don’t obsess about timing -Buy quality assets you never need to sell -Diversify -Think about the end game Cate and Pete believe that the best time to sell property is never – provided you buy the right property in the first place.    The Buy Right Approach to Property Investing will help you to achieve a passive income and financial freedom through investing in Australian property.   Cate and Pete’s industry knowledge of Australian property investing shines through with detailed reflections on a multitude of investor successes and mistakes. Importantly, they outline what’s involved in buying the right property, which includes:• doing your due diligence on areas, properties and price • researching historical capital growth and performance • calculating your return on investment • adopting a cautiously optimistic outlook and long-term view • managing your risk.   Their mission is to demystify much of the jargon in the world of real estate and enable readers not only to better understand and relate to property investment goals but to embrace their confidence and take sensible, well-informed action.   Link to the book   Join our facebook group here

  6. 06/03/2024

    Interview 8: Getting stuck into it!

    What are some of the barriers to getting stuck in to it?What mistakes have we seen investors make?Who do you need on your team?In a sense, building wealth is very simple. There are only five steps that you need to be able to follow: 1. Spend less than you earn. 2. Invest the difference. 3. Reinvest the gains. 4. Protect your wealth. 5. Go back to step one. In this interview, we chat about some of the attributes of successful property investors and some of the key actions that set them on the right path. From creating a good savings habit to setting the purchase strategy, we share some of our own experiences to bring this important chapter to life. Cate and Pete believe that the best time to sell property is never – provided you buy the right property in the first place.    The Buy Right Approach to Property Investing will help you to achieve a passive income and financial freedom through investing in Australian property.   Cate and Pete’s industry knowledge of Australian property investing shines through with detailed reflections on a multitude of investor successes and mistakes. Importantly, they outline what’s involved in buying the right property, which includes: • doing your due diligence on areas, properties and price • researching historical capital growth and performance • calculating your return on investment • adopting a cautiously optimistic outlook and long-term view • managing your risk.   Their mission is to demystify much of the jargon in the world of real estate and enable readers not only to better understand and relate to property investment goals but to embrace their confidence and take sensible, well-informed action.   Link to the book   Join our facebook group here   To join their inner circle, check out their book page or facebook page here: www.cateandpeteproperty.com.au

  7. 06/03/2024

    Interview 7: What can go wrong?

    We chat about the various aspects of the planning and execution that can go wrong. From horribly wrong, with losses incurred, to subtly wrong, with resale threatening an investor's profits, here are some of the common things that investors get wrong: Buying in the wrong locationBuying the wrong property and paying too muchBuying with the wrong peopleBuying for the wrong reasonsBuying with inadequate planningBuying an investment property for the wrong reasonsProperty can be such a powerful asset class, but we’ve seen plenty of people make mistakes buying for the wrong reasons. It happens often! We'll chat in detail about the following mistakes: • Buying for tax benefits – depreciation and Land to Asset Ratio • Buying due to social pressure • Buying for children • Buying a holiday house • Purchasing a home for your future self • Buying with the idea of getting rich quick You may wonder what’s wrong with some of these! We will dive into why they’re pitfalls. We also share four ways to manage risk: Manage debt – ignorance is not bliss when it comes to financial obligations! Be familiar with the lender(s), terms, and repayment status of your liabilities.Stop worrying what others think – spending on stuff that isn’t really needed rarely helps the cause, so don’t go broke trying to look rich.Read widely – educate yourself. Try to challenge your own preconceptions.Diversify – the future is far less predictable than we tend to think, therefore all your eggs should not be in one basket.Cate and Pete believe that the best time to sell property is never – provided you buy the right property in the first place.    The Buy Right Approach to Property Investing will help you to achieve a passive income and financial freedom through investing in Australian property.   Cate and Pete’s industry knowledge of Australian property investing shines through with detailed reflections on a multitude of investor successes and mistakes. Importantly, they outline what’s involved in buying the right property, which includes: • doing your due diligence on areas, properties and price • researching historical capital growth and performance • calculating your return on investment • adopting a cautiously optimistic outlook and long-term view • managing your risk.   Their mission is to demystify much of the jargon in the world of real estate and enable readers not only to better understand and relate to property investment goals but to embrace their confidence and take sensible, well-informed action.   Link to the book   Join our facebook group here   To join their inner circle, check out their book page or facebook page here: www.cateandpeteproperty.com.au

About

The Buy Right Approach to Property Investing - The interview series The basic premise of this book is that the best time to sell property is never provided you buy the right property in the first place.  The Buy Right Approach to Property Investing will help you to achieve a passive income and financial freedom through investing in Australian property. Cate Bakos' and Pete Wargent's industry knowledge of Australian property investing shines through with detailed reflections on a multitude of investor successes and mistakes. Importantly, they outline what's involved in buying the right property, which includes: doing your due diligence on areas, properties and priceresearching historical capital growth and performancecalculating your return on investmentadopting a cautiously optimistic outlook and long-term viewmanaging your risk.Their mission is to demystify much of the jargon in the world of real estate and enable readers not only to better understand and relate to property investment goals but to embrace their confidence and take sensible, well-informed action. This 13-part interview series captures the essence of their industry friendship and shares with the listeners how the book evolved from an idea over pizza, and grew into a fabulous reflection of their shared and individual experiences on their respective property journeys. Each chapter is broken down and canvased with tips for their listeners in every episode.