Fat Profits Podcast - Property, Finance & More

Corey Goldby

A straight talking Aussie podcast for investors, finance enthusiasts, and anyone keen to build real wealth (With Laughts) We dish out practical tips, investor stories, lending and tax hacks, expert strategies for growing your property portfolio. Whether you’re a first-timer or a seasoned investor, you’ll get honest Q&A, market updates, and the kind of advice your bank manager won’t tell you. Hosted by the crew at Source Financial, we keep it bold, cheeky, and always results focused because in property, it pays to think bigger. Tune in, get inspired, and start making your money work harder.

  1. Self-Employed And Can't Borrow? You're Doing It Wrong | EP 13 | FAT PROFITS PODCAST

    Jun 2

    Self-Employed And Can't Borrow? You're Doing It Wrong | EP 13 | FAT PROFITS PODCAST

    Work with MORTGAGE BROKERS who invest themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey If you're self-employed and the bank keeps saying no — the problem isn't your income. It's how you're presenting it. And chances are, your business structure is either helping you or destroying you, and you don't even know which one it is 😬 This is one of the most common issues Corey and Ben see — self-employed people earning great money but getting knocked back by lenders because their tax is structured wrong, their income is reported wrong, or their business entity is working against them instead of for them 💰 In this episode, Corey Goldby and Ben Perren go deep on the self-employed lending game — what the banks actually look at, why your accountant's "great tax strategy" might be killing your borrowing power, and how to fix your structure so it becomes your superpower, not your anchor 🧠 Here's what we cover: 💼 Why most self-employed people get their income and tax completely wrong for lending 🏦 What banks actually look at when assessing self-employed borrowers 📊 Business structures explained — sole trader vs company vs trust and how each affects your borrowing 💰 How the right structure can unlock lending power you didn't know you had 🧾 Tax planning that keeps the ATO happy AND the banks happy (yes, you can do both) 📈 Property market predictions for the next 10 years — why Corey thinks prices will more than double 🏠 How to use your business income to build a property portfolio the smart way ⚖️ Capital Gains Tax and how it affects self-employed investors differently 🔮 The 10-year outlook — where property, rates, and policy are heading 💡 The conversation you need to have with your accountant BEFORE tax time Ben drops a truth bomb — "Business structure can be a superpower in lending" — and most self-employed people have never even thought about it that way. Your structure isn't just a tax thing. It's a lending thing, a wealth thing, and a retirement thing. Get it right and everything else gets easier 👊 Whether you're a tradie, a freelancer, running an agency, or building a business from your garage — if you want to buy property, this episode is non-negotiable. The strategies in here could be the difference between getting knocked back and getting approved. 💬 Self-employed crew — what's been your biggest frustration dealing with banks? We know you've got stories. Drop them below 👇 🎧 New episodes every Wednesday at 6am on YouTube, Spotify OR anywhere you listen to podcasts! 👉 Don't forget to SUBSCRIBE, hit the notification bell, and leave us a comment — we'd love to hear from you. Chapters 00:00 Introduction to Self-Employment and Market Predictions 04:32 Understanding Self-Employment and Tax Implications 18:45 Navigating Property Investment as a Self-Employed Individual This is provided by Source Finance Pty Ltd (ACL 539456) & TGM Accounting Pty Ltd. This Information is general information only and not personal advice. Please seek credit advice and tax advice or financial advice where appropriate. Corey Goldby is an Authorised Credit Representative (CRN 502276) of Source Finance Pty Ltd (ACN 657 912 868). Australian Credit License 539456. Ben Perren is an Authorised Credit Representative (CRN 553223) of Source Finance Pty Ltd (ACN 657 912 868). Australian Credit License 539456.

    30 min
  2. LIAM CROMARTY: The Agent Telling You What Others Won’t | EP 12 | FAT PROFITS PODCAST

    May 26

    LIAM CROMARTY: The Agent Telling You What Others Won’t | EP 12 | FAT PROFITS PODCAST

    Work with MORTGAGE BROKERS who invest themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey Most real estate agents tell you what you want to hear. Liam Cromarty tells you what you NEED to hear. And after 10+ years in Newcastle’s property market, what he has to say might change the way you buy, sell, and invest forever 🏠🔥 In this episode, Corey & Ben sits down with gun Newcastle real estate agent Liam Cromarty — the kind of agent the industry doesn’t produce enough of. No fluff, no sales pitch, just straight-up insights on what’s really happening in the market, where the value is hiding, and the mistakes he sees buyers and investors making every single day 📈 Whether you’re a first home buyer wondering how to get in, an investor hunting your next deal, or someone who’s been burned by bad advice before — Liam’s the guy you wish you’d spoken to first. Here’s what we get into: 🔍 What Liam looks for in a property that most buyers completely miss 📈 Newcastle’s property market — why it’s doubled every decade and where it’s heading next 🏡 First home buyer strategies — how to get on the ladder smarter, not harder 🔨 Adding value through renovations — what’s worth it and what’s a money pit 🤝 How to present offers that actually get accepted — straight from the agent’s mouth 💰 When to use a buyers agent and when you’re wasting your money 🏗️ Future developments in Newcastle and what they mean for property values 🧠 How to choose the RIGHT agent — and the red flags that tell you to run ⏰ Market timing — when to sell, when to hold, and when to go again 📊 Capital gains tax and how it affects your strategy 📖 Liam’s personal investment journey — 10+ years of lessons in one conversation Liam drops a line in this episode that every buyer needs to tattoo on their arm — “Choose an agent who tells you what you NEED to hear, not what you WANT to hear.” That one sentence is the difference between building wealth and getting sold a dream 👊 Newcastle has been quietly making people rich while everyone’s fighting over Sydney and Melbourne. If you’ve been sleeping on this market, Liam’s about to wake you up. 💬 What’s the best (or worst) thing a real estate agent has ever told you? Drop it below 👇 🎧 New episodes every Wednesday at 6am on YouTube, Spotify OR anywhere you listen to podcasts! 👉 Don’t forget to SUBSCRIBE, hit the notification bell, and leave us a comment — we’d love to hear from you. #PropertyInvesting #AustralianRealEstate #WealthBuilding #australia #property #Newcastle #Renovation #AddingValue #FirstHomeBuyer #PropertyMarket #RealEstateTips #SweatEquity #RegionalProperty This video is provided by Source Finance Pty Ltd (ACL 539456) & TGM Accounting Pty Ltd. This is general information only and not personal advice. Please seek credit advice from us directly and independent tax, legal or financial advice where appropriate. Corey Goldby is an Authorised Credit Representative (CRN 502276)) of Source Finance Pty Ltd ACN 657 912 868 (“Source Financial”) Australian Credit Licence 539456 Ben Perren is an Authorised Credit Representative (CRN 553223) of Source Finance Pty Ltd ACN 657 912 868 (“Source Financial”) Australian Credit Licence 539456

    44 min
  3. 🚨 EMERGENCY: NEGATIVE GEARING IS GONE / (the government just changed everything) | EP 11 | FAT PROFITS PODCAST

    May 22

    🚨 EMERGENCY: NEGATIVE GEARING IS GONE / (the government just changed everything) | EP 11 | FAT PROFITS PODCAST

    Work with MORTGAGE BROKERS who invest themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey This is not a normal episode. This is an emergency 🚨 Work with MORTGAGE BROKERS who invest themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey This is not a normal episode. This is an emergency 🚨 The 2026 Australian Federal Budget just dropped and it's a game-changer for every single property investor in the country. Negative gearing changes, capital gains tax adjustments, family trust restructuring, lender policy shifts — it's all happening at once and most investors have no idea what to do next. This is the episode you send to every investor you know. Seriously. Forward it now. Here's what we break down: 🚨 The negative gearing changes — what's been scrapped, what's grandfathered, and who gets hit 💰 Capital gains tax adjustments — how this affects your selling strategy 🏦 Lender policy changes — borrowing capacity just shifted overnight 📉 Interest rates and the economic outlook — where the RBA goes from here 🏛️ Government policy vs investor reality — who these changes actually help 🔍 How assessment criteria are changing for sophisticated and high-net-worth investors 📊 LVR adjustments and how banks are managing risk right now 🇳🇿 Lessons from New Zealand — they did this already and here's what happened 🏡 Opportunities for owner-occupiers — why this could actually be YOUR window 💼 SMSF and commercial property — the doors that just opened while everyone's panicking 📐 What's happening to pre-approvals and investor borrowing power right now 🔮 Property price predictions for the next 12-24 months Here's what most people won't tell you — yes, the landscape just changed. But every major policy shift in history has created a wave of opportunity for the people who move fast and think clearly. The investors who panicked during the GFC, during COVID, during every rate hike cycle — they lost. The ones who understood what was happening and repositioned? They built generational wealth 👊 Corey and Benny Boy cut through the hysteria, address the real risks, and lay out a clear plan for what to do whether you're holding existing properties, looking to buy, or wondering if you should pull the pin entirely. Spoiler — don't pull the pin. This isn't the time to freeze. This is the time to get informed and get moving 🔥 💬 How are you feeling after the budget? Confident or concerned? Drop your honest reaction below 👇 🎧 New episodes every Wednesday at 6am — but emergency episodes drop whenever the market demands it. 👉 SUBSCRIBE and turn on notifications so you never miss a breaking update. Chapters 00:00 Introduction to the Emergency Podcast 02:04 Current Economic Landscape 05:54 Government Policy Changes and Predictions 10:09 Opportunities in the Market #AustralianBudget2026 #NegativeGearing #PropertyInvesting #AustralianRealEstate #WealthBuilding #australia #property #CGT #SMSF #InterestRates #FederalBudget #PropertyMarket #EmergencyPodcast #FatProfitsPodcast #BudgetReaction Corey Goldby is an Authorised Credit Representative (CRN 502276) of Source Finance Pty Ltd ACN 657 912 868 ("Source Financial") Australian Credit Licence 539456

    12 min
  4. Your Broke Habits Are Why You'll Never Own A Home (Stop Lying To Yourself) | EP 10 | FAT PROFITS PODCAST

    May 19

    Your Broke Habits Are Why You'll Never Own A Home (Stop Lying To Yourself) | EP 10 | FAT PROFITS PODCAST

    Work with MORTGAGE BROKERS who invest themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey OR contact us on hello@sourcefinancial.com.au This one's going to sting. But you need to hear it 🔥 You say you want to buy a house. You say you're "saving." But then you're spending $7 on coffee every morning, ordering UberEats three nights a week, and subscribing to six streaming services you don't even watch. Sound familiar? That's not saving. That's pretending to save while your deposit sits at the same number it was six months ago 😬 In this episode, Corey and Ben lay it all out — the real cost of your daily habits, why fuel alone is eating your deposit, and the uncomfortable truth about what it actually takes to save for a home in today's market. No sugarcoating, no "you're doing great sweetie" — just the reality check most people need but nobody wants to give them 💰 Here's what we get into: ⛽ Fuel price predictions — will it ever drop below $2 again? (Spoiler: no.) 💸 The discretionary spending that's silently killing your deposit ☕ How small daily costs add up to tens of thousands per year 💰 Strategies for actually saving — side hustles, cutting costs, and being honest with yourself 👫 Why you need to have the money conversation with your partner NOW 📊 How your expenses directly impact your borrowing capacity 🧠 Financial discipline vs financial excuses — which side are you on? 🏠 James and Hermione's real home buying journey — the wins and the wake-up calls 📉 Interest rates and what they mean for your buying timeline Corey and Ben don't hold back on this one. They talk about parental support, the reality of saving without a head start, and why accountability is the missing piece for most people who "can't afford" a house. The truth is — most people CAN afford it. They just can't afford their lifestyle AND a house at the same time 👊 Whether you're saving for your first deposit, wondering why you're not getting ahead, or you know someone who needs this wake-up call — send them this episode. Seriously. 💬 What's the one expense you KNOW you should cut but won't? Be honest in the comments 👇 Chapters 00:00 Introduction and Predictions on Fuel Prices 03:07 Navigating Home Buying: Parental Support and Saving Strategies 05:53 The Reality of Saving for Property 08:55 Understanding Borrowing Capacity and Financial Discipline 12:02 Discretionary Spending: The Hidden Costs of Lifestyle Choices 14:59 The Importance of Accountability in Financial Decisions 17:57 Scenario Analysis: James and Hermione's Home Buying Journey 20:48 The Impact of Interest Rates on Home Buying 24:10 Final Thoughts and Call to Action #PropertyInvesting #AustralianRealEstate #WealthBuilding #australia #property #SavingForAHome #FinancialDiscipline #BorrowingCapacity #FuelPrices #FirstHomeBuyer #PersonalFinance #moneyhabits This video is provided by Source Finance Pty Ltd (ACL 539456) & TGM Accounting Pty Ltd. This is general information only and not personal advice. Please seek credit advice from us directly and independent tax, legal or financial advice where appropriate. Corey Goldby is an Authorised Credit Representative (CRN 502276)) of Source Finance Pty Ltd ACN 657 912 868 (“Source Financial”) Australian Credit Licence 539456 Ben Perren is an Authorised Credit Representative (CRN 553223) of Source Finance Pty Ltd ACN 657 912 868 (“Source Financial”) Australian Credit Licence 539456

    32 min
  5. Your House Is Making Someone Else Rich (And You're Letting It Happen) | EP 9 | FAT PROFITS PODCAST

    May 12

    Your House Is Making Someone Else Rich (And You're Letting It Happen) | EP 9 | FAT PROFITS PODCAST

    Work with MORTGAGE BROKERS who invest themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey Your property is growing in value right now. The question is — who's benefiting from it? Because if you're just sitting in your home making repayments and doing nothing with the equity building up inside it... someone else is winning from the growth you're sleeping on 😬 Most Australians own one property and stop there. They think they're "in the market" — but the truth is, they're barely scratching the surface of what their property could be doing for them. Meanwhile, the investors who understand equity release, valuations, and structure are using that same growth to buy their second, third, and fourth properties 💰 In this episode, Corey and Ben break it all down — where property prices are headed, why equity is the most misunderstood asset in Australia, and how the right investment structure can completely change your borrowing power and your future 🏠 Here's what we get into: 🏘️ Property market predictions — why prices are likely to keep climbing 💰 The equity sitting in your home and how to actually put it to work 📊 Why valuations matter more than you think and how they affect your next move 🏦 Investment structures — how the wrong setup is keeping you stuck 🔑 The journey from one property to a real portfolio — step by step 📖 Real investor stories — people who bought at the right time and what they did differently 🧠 Why "don't wait" isn't just a slogan — it's backed by decades of data ⚡ How to engage with the right professionals to fast-track your strategy Corey says it best — "Don't wait, don't wait, don't wait." Property has historically rewarded the people who take action, not the ones who sit around waiting for the perfect conditions. The perfect conditions don't exist. But the right strategy does 👊 Whether you're an owner-occupier who's never thought about your equity, someone stuck on one investment property, or just getting started and wondering when to jump in — this episode lays out exactly what to do next. Oh, and there might be something about bribing people with sausages. You'll have to listen for that one 😂 💬 Real talk — how many properties do you own? And what's stopping you from getting the next one? Drop it in the comments 👇 🎧 New episodes every Wednesday at 6am on YouTube, Spotify OR anywhere you listen to podcasts! 👉 Don't forget to SUBSCRIBE, hit the notification bell, and leave us a comment — we'd love to hear from you. Chapters 00:00 Introduction to Property Finance 02:52 Market Predictions and Property Prices 05:56 Understanding Equity and Valuations 09:10 Investment Structures and Strategies 12:02 The Journey to Second Property Investment 14:57 Investor Stories: Buying at the Right Time 18:01 Navigating the Property Market 20:54 Conclusion and Future Insights #PropertyInvesting #AustralianRealEstate #WealthBuilding #australia #property #EquityRelease #PropertyValuations #InvestmentStructure #PropertyPortfolio #FinancialFreedom #PropertyGrowth Corey Goldby is an Authorised Credit Representative (CRN 502276) of Source Finance Pty Ltd ACN 657 912 868 ("Source Financial") Australian Credit Licence 539456

    26 min
  6. The Borrowing Hack That Added $200K Overnight (Just By Asking) | EP 8 | FAT PROFITS PODCAST

    May 5

    The Borrowing Hack That Added $200K Overnight (Just By Asking) | EP 8 | FAT PROFITS PODCAST

    Work with MORTGAGE BROKERS who invest themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://sites.ludicrous.cloud.sourcefinancial.com.au/investors-survey What if one conversation could unlock $200K in borrowing power you didn't even know you had? Sounds too good to be true — but it's not. Most people never ask. And that's exactly why they stay stuck 💰 In this episode, Corey and Ben unpack the strategies that actually move the needle on your borrowing capacity — from the simple stuff like asking for a pay rise (seriously, just ask) to the things nobody talks about, like how your relationship status, your kids, and your spending habits are quietly destroying your ability to borrow 🏠 We also get into some wild real-life investor stories, including one that'll make you rethink what's possible when you stop playing it safe and start playing it smart 🔥 Here's what we cover: 💰 The $200K borrowing hack — how one simple ask changed everything 📈 Why a pay rise is the fastest way to boost your borrowing power 💳 The types of debt that are secretly tanking your capacity 👫 How your partner (and your kids) affect what the banks will lend you 🏡 Rent vesting — why living where you want and investing where the money is actually works 📊 How to decrease expenses on paper and in reality to unlock more lending 🤯 Extreme investor success story — this one's going to blow your mind 📐 Scenario of the week: high-value equity growth breakdown Corey drops a truth bomb in this one — "you can't get rid of a kid" — but you CAN restructure everything around your life to maximise what the banks will give you. It's not about earning more, it's about positioning smarter 🧠 Whether you're trying to crack into the market, looking to add to your portfolio, or just wondering why the bank keeps saying no — this episode shows you the levers you didn't know you could pull 👊 💬 Have you ever asked for a pay rise specifically to boost your borrowing power? Drop your story below 👇 🎧 New episodes every Wednesday at 6am on YouTube, Spotify, Apple OR anywhere you listen to podcasts! Chapters 00:00 Introduction and Podcast Purpose 01:21 Predictions for the 2027 Federal Election 04:38 Key Strategies to Make Property Investment Easier 08:29 How to Increase Income for Borrowing Power 12:45 Decreasing Debt and Managing Expenses 17:10 Scenario of the Week: High-Value Equity Growth 23:03 Coffee Sponsorship and Future Plans 24:44 Extreme Investor Success Story 29:31 Lessons on Building Wealth and Portfolio Growth 30:48 Closing Remarks and Next Steps #PropertyInvesting #AustralianRealEstate #WealthBuilding #australia #property #BorrowingPower #MortgageHack #RentVesting #PropertyFinance #FinancialFreedom #InvestorStories This video is provided by Source Finance Pty Ltd (ACL 539456) & TGM Accounting Pty Ltd. This is general information only and not personal advice. Please seek credit advice from us directly and independent tax, legal or financial advice where appropriate. Corey Goldby is an Authorised Credit Representative (CRN 502276)) of Source Finance Pty Ltd ACN 657 912 868 (“Source Financial”) Australian Credit Licence 539456 Ben Perren is an Authorised Credit Representative (CRN 553223) of Source Finance Pty Ltd ACN 657 912 868 (“Source Financial”) Australian Credit Licence 539456

    31 min
  7. Buy Now Or Regret It Forever (We Did The Math For You) | EP 7 | FAT PROFITS PODCAST

    Apr 28

    Buy Now Or Regret It Forever (We Did The Math For You) | EP 7 | FAT PROFITS PODCAST

    Work with MORTGAGE BROKERS who invest themselves & have a track record building portfolios for other investors. Book your Initial Discovery Session here: https://calendly.com/coreygoldby/disoverycall Contact us here: fatprofits@sourcefinancial.com.au Everyone says "wait for the right time." Corey and Ben sat down and actually ran the numbers on what waiting costs you...and it's ugly. Really ugly 😬 Here's the reality, banks are opening up, deposits are dropping to as low as 2%, and property in key markets has been doubling within five to ten years. Meanwhile, the people sitting on the fence watching are getting further behind every single month. We're not saying this to scare you. We're saying it because we've done the math and the numbers don't lie 📊💰 In this episode, Corey and Ben break down exactly where the market is heading, why getting in NOW matters more than getting in perfect, and the real strategies that are turning everyday Aussies into property millionaires 🏠 Here's what we get into: 🔥 Why waiting to buy is the most expensive decision you'll ever make 🏦 Banks are loosening up — 2% deposits and new lending policies explained 📈 How a $500K property today could change your life in 10 years 💰 The couple who built $1.2M in equity in just one year — how they did it 🔨 Sweat equity and renovations — adding value the smart way 🎯 Setting real goals with real timelines (not just "one day I'll invest") 🏖️ Cash flow strategies that lead to actual freedom, not just more debt 🧠 Why the first purchase is the hardest — and why that's exactly the point Corey shares his own journey from first property to financial freedom, and Ben brings the sharp questions that every buyer should be asking right now. Together they prove that the best time to buy was yesterday — but the second best time is today 👊 Whether you're 25 and saving your first deposit, a homeowner who's never touched their equity, or an investor wondering if there's still room to grow — this conversation is the kick you didn't know you needed 🔥 💬 Be real with us — are you in the market right now or still waiting? Drop your situation in the comments, we read every single one 👇 🎧 New episodes every Wednesday at 6am on YouTube, Spotify OR anywhere you listen to podcasts! 👉 Don't forget to SUBSCRIBE, hit the notification bell, and leave us a comment — we'd love to hear from you. Chapters 00:00 Introduction to Property Finance and Positive Outlook 01:23 Predictions for Buyers in the Property Market 03:12 Best Case Scenarios for Property Investment 06:03 The Importance of Setting Goals in Property Investment 09:18 Finding Freedom Through Wealth and Purpose 11:08 Scenarios of the Week: Refinancing and Equity Release 17:23 Investor Stories: Personal Experiences and Lessons Learned #PropertyInvesting #AustralianRealEstate #WealthBuilding #australia #property #BuyNow #FirstHomeBuyer #EquityRelease #PropertyGrowth #CashFlow #FinancialFreedom This video is provided by Source Finance Pty Ltd (ACL 539456) & TGM Accounting Pty Ltd. This is general information only and not personal advice. Please seek credit advice from us directly and independent tax, legal or financial advice where appropriate. Corey Goldby is an Authorised Credit Representative (CRN 502276)) of Source Finance Pty Ltd ACN 657 912 868 (“Source Financial”) Australian Credit Licence 539456 Ben Perren is an Authorised Credit Representative (CRN 553223) of Source Finance Pty Ltd ACN 657 912 868 (“Source Financial”) Australian Credit Licence 539456

    31 min

About

A straight talking Aussie podcast for investors, finance enthusiasts, and anyone keen to build real wealth (With Laughts) We dish out practical tips, investor stories, lending and tax hacks, expert strategies for growing your property portfolio. Whether you’re a first-timer or a seasoned investor, you’ll get honest Q&A, market updates, and the kind of advice your bank manager won’t tell you. Hosted by the crew at Source Financial, we keep it bold, cheeky, and always results focused because in property, it pays to think bigger. Tune in, get inspired, and start making your money work harder.

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