On Property Podcast

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Negative gearing is not an investment strategy despite what people say. What is negative gearing and why are so many Australian's obsessed with it? Negative gearing is talked about a lot when it comes to investing in property in Australia, but what exactly is negative gearing and why is it important? Hey guys, I'm Ryan from onproperty.com.au and I help people find positive cash flow properties as well as learn more about investing in property. And you're listening to lesson number 6 in our series on the Introduction to Property Investing. So what exactly is negative gearing? Well, negative gearing is the opposite of positive gearing, which we talked about in lesson number 4. Basically, negative gearing occurs when the income of a property is less than the expenses. This means that you actually need to find extra money to pay for those expenses, which generally, is going to come from your job. But, can al

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Equity is a term used a lot in property investing and it is really important when building a portfolio. But what is equity and why is it so important? Equity is a term used a lot in property investing and it's really important to understand it. Especially when you're going from property number 1 and you want to jump in to number 2 or 3 or 4, etc. So, what is equity and how does it impact your property investment journey? Hey, guys, I'm Ryan from onproperty.com.au and I help people find positive cash flow properties all over Australia. And you're listening to lesson number 5 in our series on the Introduction to Property Investing. So, what is equity? In short, equity is difference between the debt that you have on a property and how much that property is actually worth. So the easiest way is for me to actually show you this and let's use an example. Let's say you have a property that is worth $500,000. Bu

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode What is positive cash flow? It is an excess of income when compared to expenses generating a recurring profit which is known as cash flow. Alright. Now, we're into the good stuff. This is one of my favorite topics, "What is positive cash flow?" I absolutely love positive cash flow because of the flexibility it delivers to investors because it can help you become financially free. And so, let's help you out to begin to understand what exactly is positive cash flow. In its essence, positive cash flow is an excess of income when compared to expenses. So when you purchase a property and rent that property out, you're now generating income in the form of rent. However, owning a property also comes with a whole bunch of different expenses. So, you probably have interest rates on the mortgage that you use to mortgage the property. You've got things like council rates. You've got insurances. You've got to pay fo

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Property investors generally make money in just 3 basic ways. Knowing these methods will give you a high level understanding of how to make money through property investing. People invest in property in a variety of different ways. There's subdivision, development, buy and hold, positive cash flow, units, houses, town houses, investing for capital growth, dual occupancy. There's so many different ways to invest in property and people invest for all sorts of reasons. But, generally, when you boil it down, there are 3 ways property investors make money. So I'm going to outline these 3 ways in that lesson to give you a high understanding of how property investors make money and then we'll go into more detail in future lessons. The 3 ways property investors make money is capital growth, positive cash flow and tax benefits. You can actually make money in all 3 ways. You can make money in just 2 ways. Or, you

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode What is property investing? In lesson 1 of the Introduction To Property Investing we look at the definition of property investing and why people chose property over other investment options What is property investing? On the surface, this is a really simple question and we're definitely going to go into the definitions of this sort of stuff. But, we're currently going to look at why people invest in property as well over other investments like stocks or maybe creating your own business or something like that. First, with the definition, which I got from ye old Wikipedia. Property investing, which is generally also known as real estate investing, involves the purchase, ownership, management and rental and/or sale of real estate for profit. It's a purchasing of real estate, whether that be houses, units, blocks of units, commercial property, offices, all of this sort of stuff. And you're purchasing it in or

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode There are 3 main stages to property investing. We look at them in detail and give tips on how to make the most of each stage. Interviewer:      There are three major stages of a property investor's life cycle if they're aiming for financial freedom. The first stage is accumulation where you're accumulating properties and growing your portfolio. Then you're consolidating your portfolio and adding value. And then, you get to enjoy it and live the lifestyle, which is the third part. So today I have with me Ben [Averingham 00:00:19], my  [advisation 00:00:20] of choice from Panton Property. And we're going to go through these three different stages and what you can look at doing in these stages to help you be more successful with your property investment. So, hey Ben! Thanks for coming on today. Ben:     Thank you. As flaky as it sounds I'm actually pumped and excited about this episode. This is cool stuff f

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode After you have development approval there is a still a lot of work to be done. Here's what happens after you get your DA Approval. Speaker 1:        Once you've received your development approval or DA, as they call it. And, you're ready to go ahead and move forward and build your property. There's still some steps that you need to take in the designing process. And, so today, I have with me Luke from durackarchitects.com to talk through this second stage of The Building and Development Process after you've had your DA approval. So, hey Luke and thanks for coming on again today. Luke:    G'day Ron. It's good to be here again. Speaker 1:        Okay. So, we did a previous video, which people should go back and watch if they haven't already, talking about working through the planning and getting the development approval for your development, whether it be a new house or a renovation or whatever it may be.

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode The development approval process can be really daunting if you haven't gone through it before. There's a lot of different steps to take that you're probably not aware of. So today, I have Luke with me from durackarchitects.com to talk through the complete guide to the development approval process so you guys can get an understanding of it and you guys can stop being overwhelmed and know exactly what to do next. Ryan: Hey Luke, thanks for coming on today. Luke: Good day, Ryan. Good to be here. Ryan: Do you want to first give us an overview of the development approval process for getting a development approved so we can start building it? And then, we'll go into the nitty-gritty and the step-by-step. Luke: Yeah, sure. It's one of those areas that doesn't need to be as daunting as it probably is for a lay person. Typically, you would employ an architect to start the design of your new house or your alte

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode House sitting can be a great way to stop paying rent and help you save your deposit. Here is a basic guide to house sitting. More and more people these days are finding it extremely difficult to save a deposit either to purchase their own home or to go ahead and purchase an investment property. One of the options to save money to help you achieve that goal is actually house sitting. Reducing your rent by sitting in someone else's house basically rent-free. So, today, I have Robyn on from comparehousesitting.com.au to talk about this new trend that is happening where people are house sitting as a way to save their deposit. Ryan: Hey Robyn, thanks for coming on today. Robyn: Good day, Ryan. Ryan: So, why don't you talk through what exactly house sitting is for those people who aren't completely aware of it. Robyn: Sure. House sitting is a booming worldwide trend where homeowners open their home to house

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode In this random update I share how I recently achieved my long term goal of financial freedom and the difficulties that come with that. Ryan:    Hey, guys. Ryan here from onproperty.com.au helping you find positive cash flow property. This is one of the first solo episodes that I've done in quite a while, where I'm not actually going to be teaching you a specific property technique or principal or anything like that. This is going to be more free-flowing, talking about financial freedom, goals, and things like that, because this year has been very interesting for me. This year I achieved a certain level of financial freedom. I actually call it pseudo-financial freedom, because I'm financially free now, but if I completely stopped, then in the short to mid future, then I wouldn't be financially free. I didn't actually achieve my financial freedom through property investing, but I achieved it through busine

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Most of us know about the headaches of the council approval process, but not many people know they can fast track approval through the compliant development code. Ryan:    When it comes to renovating or developing property, most often you need to put your designs through council and go through that entire process in order to be able to actually build what you wanna build. However, there is another way to do it through the state environmental planning policy, we're specifically talking about New South Wales here. And this may eventually be expanded to medium housing as well. So there's opportunities to fast track developments for you guys. And so today, I have on the show Luke Durack from durackarchitects.com and he's gonna give us an overview of what exactly this is and so you can understand this opportunity. So hey Luke, thanks for coming on today. Luke:    Good day, Ryan, thanks for having me. Ryan:  

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode What do all the different property types mean? In today's episode we explain the difference between houses, units, townhouses etc. When searching for property, often you'll come across the different property types being house, apartment and unit, townhouse, villa, land, acreage and rural, blocks of unit and retirement living. So what do all of these different property types mean? That's what we're going to go through in today's episode. Hey, I'm Ryan from onproperty.com.au, helping you find positive cash flow property. In today's episode, as I said, we're going to look at the different property types. The easiest way to do this is to simply go to realestate.com.au and go ahead and search by property types. The most straightforward one is going to be the house. So, this is generally a freestanding building on its own block of land. I'm not going to go into all the different types of land titles or the dif

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode When buying property off the plan there are some serious risks you need to consider or you might end up with a bad investment. When investing in property, one of the things you'll probably ask yourself at some point is, "Should I buy existing property or should I purchase property off the plan?" It's a question that a lot of people wrestle with. And so, today, I wanted to talk about some things to consider when buying off the plan. Both the benefits of it as well as some of the risks that are associated with it. So, hey, I'm Ryan from onproperty.com.au. I help people find positive cash flow property. And a lot of people do email me asking what do I think about buying off the plan. In fact, I was on a webinar with Ben Everingham last night and someone asked this very question. What do you think about buying off the plan? They were saying, if it's got a decent yield, does that mean it's okay? The fact is,

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode How can you find a good property mentor who will help you achieve your financial goals? The best golfers have coaches. And some of the best property investors also have mentors to help them along the way. I recently got an email from an On Property listener asking them about what's the best way to find a good mentor? And so, I thought I'd create this quick video to help you find a good mentor if that's something that you're interested in. Hey, I'm Ryan from onproperty.com.au, helping you find positive cash flow property. Finding a good mentor out of all of the different candidates out there can be a really challenging task. First, you have to find someone actually willing to take the time out to give you advise. Is it better to pay someone or is better to find someone for free? And also, you don't want to get caught by a property spruiker and you don't want to get a mentor who's actually going to leave y

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode When investing in property a deposit is paid upon the contract going unconditional. If your money is tied up elsewhere a deposit bond can be used in it's place. Sometimes, when you're purchasing an investment property, you may not have the cash that you need for the deposit right there and then. Often, when you purchase, you're putting 5%, 10% of the deposit down. And for those people who have their cash tied elsewhere or may need their cash for other things, there is something called a "deposit bond" that you can use to put down as, I guess, a replacement for the deposit and you'll then pay it in future. To understand more about this, I have Etienne on with me today from Deposit Assure. He supplies people with deposit bonds. He's the expert in this, so we're going to talk today about what exactly deposit bonds are and what sort of people and situations they're useful in. Ryan: Hey, Etienne, thanks for c

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode How can you maximise the passive income of a property. In this episode of WWRD we look at how you can increase the income of one reader's property. Hey and welcome to a very special episode of What Would Ryan Do, the series where I answer your questions and give you an idea into what I would do in your specific situation. Hey, I am Ryan from OnProperty.com.au, helping you positive cash flow properties and this is a very special episode because the person who brought this question - Peter, actually allows us to share his property address so we can look into this in a bit more detail, which is really exciting. And he wants to maximize his passive income, which is a topic that I am extremely passionate about. So, this episode is about how to maximize the passive income of a property and as we always do, let us head over to the question: "Hi, Ryan! First of all thank you for posting educational videos on On

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode I'm passionate about helping people find and invest in positive cash flow properties. Here's the products I offer to help my customers do just that. Hey guys, Ryan here from onproperty.com.au and I am passionate about helping you find positive cash flow properties. In this episode, I want us to talk about the different products that I have that can help you on your journey to finding and investing in positive cash flow properties and moving towards your goal, which is probably financial freedom. All of the stuff that I do, everything is all based from my website at onproperty.com.au. So I'm going to head over there now and we'll have a look at what I do offer. We'll go through all my products so you can see whether or not these are for you and if it's something that you want to go ahead and get access to. So if we go to onproperty.com.au and we just hit on the Resources tab, that is going to show all of

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode When purchasing investment property it's important to negotiate to get the best price. Here are some of my tips of how to successfully negotiate. Something a lot of people ask me about is how they can be better at negotiating when it comes to investing in property. Hey, my name is Ryan from OnProperty.com.au and I wanted to make this quick video sitting in my car - we actually have 3 car seats that fit in the back of this little Jazz, and I am actually shopping for a new car. We are looking for a car that is slightly bigger. We are quite happy with this small one. We love how cheap it is to run and everything like that, however, we were umming and oohing about getting a second car and decided to get one when my son broke his arm. My wife had to quickly take him to the hospital; we realized we only had one car so how was I going to take her stuff to the hospital, go and visit, etc. Luckily we had an uncle

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Buyer's agents can help you grow your portfolio faster, but how do you choose the right buyer's agent? Utilizing the skills and resources of a buyer's agent can help you move forward and invest in more properties faster, therefore helping you achieve whatever your goals may be faster as well. But how do you go about choosing the right buyer's agent for you? Hey, I am Ryan from OnProperty.com.au, helping you find positive cash flow property and I work really closely with a buyer's agent named Ben Everingham from Pumped On Property and a lot of people do ask me for references for buyer's agents and I am always happy to recommend him. But, whether or not you have thought about him or whether or not he suits you, I thought it would be helpful to talk about how you should think about choosing the correct buyer's agent for you. So, the first thing that I recommend before going to talk to Ben or talk to any buy

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode In this episode of WWRD we discuss some options if you own a business and want to begin investing, but currently have no deposit. Hey and welcome to What Would Ryan Do, the series where you provide me with some sort of property question and I do my best to tell you what I would do if I was in the situation and to try and give you some unique thoughts on the situation. Sometimes, it can be very difficult to see the forest for the trees. You are in your situation; you can only see what you can see and sometimes it is good to get an outside perspective. We like to have a bit of fun with this. We do not take it too seriously. This is not to be considered financial or mortgage advice. It is just my opinion of what I would do in a situation but you need to assess what you would do because you obviously, know your situation best. The question today, we are talking about someone who runs a business and they want