On Property Podcast

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Some property improvements actually limit the number of potential buyers, thus lowering your chance of getting the best price possible. There are some property improvements that people make that can actually limit the number of potential buyers and thus limit the chance of you getting a higher than average purchase price for your property. That's what I wanted to talk about in today's episode. Hey, I'm Ryan from onproperty.com.au, helping you find positive cash flow property. There's a lot of different people out there talking about how to improve your property, how to renovate your property, how to get the best sale price for your property. And so they should because little tweaks that you make here and there can really improve the value of your property and you want to be doing these things. However, there are some things that you may do to your property to try and improve it that actually limit the num

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Here are 10 of the top ways to increase the value of your home. Everything from adding a room, to getting a better real estate agent. Let's have a look at the top 10 ways to increase the value of your home. Hey, I'm Ryan from onproperty.com.au, helping you find positive cash flow properties. Active investors actually go ahead and they try and increase the value of their home or of their investment property above and beyond what the market is doing. So rather than just purchasing a property and hoping that it goes up in value over time, you can do things to your property to increase its value and that's what we're talking about today. Now, I've called this "The Top 10 Ways to Increase the Value of Your Home", but this can apply to investment properties as well and it's not like you should do number 1 then do number 2. You need to assess which of these is best for your situation because given your property,

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode What is land tax? Land tax is a tax you pay based on the value of your land in a given state. Land tax is a tax that you pay based on the value of your land in any given state. Hey, I'm Ryan from onproperty.com.au and in this episode, I'm going to be talking about what is land tax and how does it affect you as an investor? Land tax is something that you need to be aware of as you accumulate more and more properties. Because it can become quite expensive if you don't prepare yourself for it properly. So land tax, as I mentioned before, it's a tax that you pay based on the value of your land in any given state. Land tax is a tax that's generally a percentage of the value of land that you own that you need to pay every single year. It's charged in all states, except Northern Territory, and each state assesses land tax based on the value of land that you own within that state. So we're going to go through and

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode What property investment strategy would you use if you could purchase property with cash you obtain through inheritance? Hey and welcome back to What Would Ryan Do? The series where you pose a question at me and I tell you what I think about it. What I would potentially do in the situation. Today's episode, we're going to be talking about what strategy is best – or what would I choose – if you're buying properties in cash. Let's read over the question and then we'll go through it. Remember, What Would Ryan Do? It's a bit of fun, it's a way to get someone else's perspective on your situation. I tend to think a bit outside the box, outside what normal people think. So, hopefully, my perspective can help you, but it's definitely not financial or mortgage advise. So always seek professional advise that is my #disclaimer. Alright, here is the question: "I was wondering what strategy you would use if you had

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Today we talk to Ronald Tan about his investment journey. From his early successes, to being swindled by a developer to investing again and doing it right this time around. One of my absolute favourite things to do when running On Property is to talk to my listeners, talk to my readers about their investment journey. To hear about the successes, to hear about the failures that they've been on. Today, I have for you a really exciting investor profile with an investor named Ronald Tan. Ronald has been through so many different things over his investment career, which has spanned I think it was something over 20 years. He's had great success in his early purchases to being swindles by property marketers offering him overseas property. He's had some great successes, some great failures and then come back and had some successes again. So it's really great to hear this story with Ronald and I think it's going

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Budgetting doesn't come naturally to most of us. For those of you who struggle (like me) here are some tips on budgetting that have helped me. Budgeting your spending can be really hard. It's not something that comes naturally to most of us. And so, I wanted to give you some tips on budgeting your spending. These things have worked for me and they may or may not work for you. Hey, I'm Ryan from onproperty.com.au, helping you find positive cash flow property. One of the things that people tell me that consistently holds them back from investing in property is they don't have the ability to save a deposit or they don't have a big enough deposit and they're in that process. Budgeting and saving a deposit can be really hard. So that's why I wanted to create this episode to just give you guys an idea of how we do it, which is far from perfect, but it may suit you. The reason that i wanted to share this is bec

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode What is the best accounting program for the DIY property investor. Let me share the best program, how I use it and some pro tips for managing property finances. What are the best accounting programs for the DIY property investor? Hey, I'm Ryan from onproperty.com.au, helping you find positive cash flow properties. One of the really important things that you need to do when you're investing in property, when you own properties is you need to actually manage the finances of those properties. So you need to keep track of income coming in. You need to keep track of expenses going out. And you need to collate those at the end of the year and give them to your accountant so they can go ahead and do your tax return. So what are some of the best accounting programs out there for the DIY investor? Now, I'm going to show you the program that I recommend, which you can all have access to really easily. But before I

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Would I buy a positively geared property in New Zealand or a negatively geared property in Brisbane that needed to be subdivided into 3 townhouses to be positive cash flow? WWRD? Hey and welcome to another episode of What Would Ryan Do, the series where you ask me questions and I give you my perspective and what I would do in this situation. This is not to be considered financial or mortgage advice, just so you know. It is just a little bit of fun. So the question today revolves around whether or not I would purchase positive property in New Zealand or negative property in Brisbane but there are some caveats to it. So let us go ahead and have a look at the question today. Would you buy a property in a smaller city in New Zealand with a 10% yield or a negatively geared property in Brisbane that needs to be subdivided into 3 townhouses to be positively geared? The answer to this one for me is very simple.

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode In today's episode economist Steve Keen explains why Australia is in a property bubble and what you can do about it. Is there currently an Australian property bubble? Some experts say that there is and that prices in property could fall by as much as 40% or more. While other experts say that we aren't. Today, I have with me an expert in the Australian property bubble, an economist, Steve Keen, who understands this issue like nobody else. I was really excited to get him on and to understand why he believes that we are in a property bubble in Australia, to talk through some of the statistics and to also really get an idea of is this bubble likely to pop in the near future and what can we do about it as investors. I'm really excited to have this interview today on whether or not Australia is experiencing a property bubble and what we can do about it. I do want to apologize ahead of time for the quality of t

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode How do you find investment properties that are under market value but are also in a good area? "I would much rather pay full market price, give the vendor what they are asking and so get a foot in the door of a great market rather than get a bargain and then just see that walk out by third of price falls over the next 12 months or whatever." A lot of investors are talking about buying property under market value, but how do you buy property under market value that is also in a good area? Hey! I am Ryan from OnProperty.com.au, helping you find positive cash flow property, and I want to start out this video a little bit different to how I start out every other video which is just an introduction that lead into the answer and to actually help you to question yourself and to say, "Should I actually be looking for properties under market value or should I be taking a different approach to this?" So, I am goin

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode What would Ryan do? How would he get his deposit money back whilst maximising tax deductions? Hey guys and welcome to another episode of WWRD or What Would Ryan Do, the segment of On Property where you send in your questions and I give you my opinion about what I would do if it was me in your situation; and I try and leave you with some thoughts that you can think about yourself. We are not taking ourselves too seriously here, but we are trying to help you guys to assess your situation and get some outside thought on it because sometimes you are so deep in the jungle, you cannot see the forest for the trees because you are just looking at your own situation. It can really help to get an outsider's perspective. We also like to have a little fun here, as you can see by the photo; if you have any questions that you want answered, you can submit them. Just email me, Ryan@OnProperty.com.au. So the question to

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Selling your property yourself can save you thousands in agent commissions. Here's how to sell your property without a real estate agent. There are a lot of people who sell their properties every single year without the use of a real estate agent and thus saving themselves quite a large commission. Today I have with me Daniel Baxter from YourHotProperty.com.au. He helps people sell their properties without a real estate agent and he is going to talk us through the pros and cons of doing that as well as the process on how to sell your property without a real estate agent. Ryan: So hey Daniel, thanks for coming on today! Daniel: Hey Ryan, thanks for having me. I am really excited to be here today. Ryan: So, let us talk first about why would people consider selling their property without the use of a real estate agent. Most people will sell their properties through a real estate agent, what is the benefit

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Are you interested in buying property through vendor finance? Here's some tips on how to do it. How do you buy property through vendor finance? Hey! I am Ryan from OnProperty.com.au, helping you find positive cash flow property and one of my readers, Gordon, has asked me to explain how you go about buying property through vendor finance. So I wanted to talk about this a little bit. I have made a whole bunch of offers on properties through vendor finance. Some have been accepted. Most have been declined. I have never actually gone through with it and purchased a property through vendor finance, but I know a little bit about how to go about doing it. Firstly, let me just touch on what vendor finance is if you do not know what we are talking about. So vendor finance is when you purchase a property - so a buyer purchases a property from the seller, but rather than the buyer going out and getting a bank loan

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode How should first time investors get started? Should they save a deposit, use vendor financing, do a joint venture or something entirely different? How should first-time investors get started in the property market? Should they save their own deposit? Go to the vendor finance route? Go into a joint venture? Or use some other strategy? Hey! I am Ryan from OnProperty.com.au, helping you find positive cash flow property and this question was asked by Gordon. Thank you Gordon for sending in your question. If you want to have your question answered, just email it to Ryan@OnProperty.com.au. So when you are a first-time investor, it could be very difficult to get into the market. It could be extremely expensive to get into the market and you feel like you are trying to save, but it just takes forever to get there and you are not making any progress. So, is there a better way than saving your deposit? Should you

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode What would Ryan do? Would he keep properties after a development or would he sell them off for a lump sum? Hey guys! Ryan here from OnProperty.com.au, helping you find positive cash flow property. This is a new segment, new sort of episode, that I am starting, that I am going to run on weekends as I have questions for you guys. I am calling it WWRD or What Would Ryan Do. So if you send in your questions about your situation or your "friend" who has this situation and you want to think of, "Well, if Ryan was in this situation, what would he do," then you can send it in. That is what WWRD is, which I will be doing on weekends. This is going to be, as you can see from the picture you are watching on YouTube, it is just going to be a bit of fun. Do not take this too seriously. This is not going to be personal advice though I will try and help you out. Obviously I will be talking about some things that I would

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode When buying a property it is important to look at comparable property sales to get an idea of the market value. Here's how to do it. In this video, I'm going to show you how to find comparable property sales for the area. So when you are looking at investing in property, it's very important that you assess the property that you're looking at buying compared to properties that have recently sold in the area. This will give you a good idea and a good indication of what the property is really worth and will help stop you from overpaying for the property. So let's go ahead and find a property to look at. Here I am at myrealestate.com.au, which is my absolute favourite search engine for properties. Let's go ahead and type in a search request, "units in Cronulla under $700k". We'll look for some of those units in Cronulla under $700,000 and we can see that there's a property here, 7/21 Wilbar Avenue for $555,00

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Lists about suburb hotspots put out by magazines and websites tend to outperform the general market, however there are some problems with suburb hotspot lists that you need to be aware of. A lot of people love the property hotspots that the magazines and the websites put out there each and every year to say, "Here are the hotspots for 2016 that you should invest in." "Here is a list of areas most likely to grow." But there are some problems with these suburb hotspot list that I wanted to talk about and make you aware of. The first problem is that you can only actually invest in one suburb. And so, while this list tend to outperform the general market in Australia, there are going to be suburbs in this list that will under-perform and there'll be some suburbs that will extremely over-perform to make up for the under-performing suburbs. So the problem is, as an investor, you can only invest in one property

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode In this episode I will show you exactly how to find the auction clearance rates of an area. In this video, I'm going to show you how to find auction clearance rates for an area. Auction clearance rates can be extremely valuable in understanding how many properties that actually go to auction end up clearing and selling at auction. This can give you a great idea of demand in the area, as well as how you should negotiate. In order to find the auction clearance rates for an area, you need to go to a website called dsrdata.com.au and you can create a free account by clicking on the Join button in the top right-hand corner. Once you've joined, go ahead and login. Once you've logged in, under the suburb analyzer section, which should load automatically, go ahead and enter your suburb. The only thing you need to be aware of is you need to choose either houses or units for the suburb. If you're serious about inv

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode There are a lot of reasons you should invest in property but it isn't for everyone. Here are 14 reasons you shouldn't invest in property. There are a lot of reasons you should invest in property, like being able to leverage your money, get capital growth, get passive income in the form of positive cash flow. But there's also a lot of reasons you shouldn't invest in property. Here's 14 reasons why you shouldn't invest in property. Hey, I'm Ryan from onproperty.com.au, helping you find positive cash flow property. Believe it or not, property isn't for everyone. And there's a lot of reasons why you may or may not want to invest in property. I'm going to go through 14 different reasons you shouldn't invest in property. 5 of which are personal reasons. And then, 11 of which are investment reasons. So let's go through the personal reasons first why you shouldn't invest in property. The first personal reason yo

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode As an investor should you buy a house with tenants in it or are you better off purchasing a property that is vacant? There are pros and cons to each. Should you buy a house with tenants in it? If you're an investor looking to purchase a property and you find a property that already has tenants in it paying rent, this can sound like a great deal, but should you buy a property with tenants in it or is it better off to buy a property that is vacant and you can then go ahead and choose your own tenant? Hey, I'm Ryan from onproperty.com.au, helping you find positive cash flow property. And in today's episode, I wanted to talk through some of the pros and the cons of purchasing a property has an existing tenant so you can understand; what are the benefits? what are the negatives? What are the risks? What's the rewards? And you can make a decision for yourself. We're going to start by looking at the benefits of