On Property Podcast

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Is winter a bad time to sell your property? Common knowledge and experts say it is a bad time, but the data tells a completely different story altogether. A lot of experts say that winter is the worst time to sell your property, with spring being the best. But is winter actually a bad time to sell your property? Is this idea based on fact or is it just something that people believe, but isn't actually true? There are a lot of preconceived notions around the best time to sell your property. A lot of people believe that spring is, by far, the best time to sell your property because your garden is going to look nicer, the light in your property is going to be better, it's warmer, it's nesting season. There are a lot of reasons that people give for why spring is the best time to sell your property. They also say that summer can be a good time as well because, obviously, it's very sunny, it's very nice. And th

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode After the recent Sydney/Melbourne boom and some concerning articles it's time we talk about the Australian housing bubble. Is it real or an over-exaggeration? Today, I want to talk about the potential housing bubble in Australia, read a couple of articles with you guys that are talking about this. And then, try to come to an understanding of whether or not there is a housing bubble and some of my thoughts on what I would do in this situation. This came to my attention through an article on the financial review. It got highlighted to me by onthehouse.com.au. They sent me an email about this, but basically, it's an article by Anne Hyland on afr.com, which is the Australian Financial Review. I'll link up to it, just go to onproperty.com.au/afrarticle. Yup, let's do that link and you can check it out there. “There's a hedge-fund manager and an economist who pose as a gay couple on a combined income of $125,0

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode What is a quantity surveyor? What do they do and when do you need to hire them? What is a quantity surveyor? What do they do and why is it important to you as you're building your property portfolio? Hey, I'm Ryan from onproperty.com.au, helping you find positive cash flow properties. I wanted to teach you today about exactly what a quantity surveyor does and when it's going to be worth you hiring them. A quantity surveyor is someone who's a specialist in the measurement and the estimation of construction cost. Now, this means that they're really good at looking at plans of a property and working out how much concrete? How much steel? How many bricks? What is going to go into this property and how much is it going to cost? They're also a specialist at looking at an existing property that's already been built. Maybe it was built 20 years ago. They can assess it and say they used likely this many bricks,

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Recently I interviewed Steve McKnight and I wanted to share some of the things I learned from that interview. A couple of days ago, I had probably what was one of the most important interviews I've ever done for On Property and that was my interview with Steve McKnight. This is the guy who got me interested in positive cash flow property in the first place. Without him, I would never have started Cash Flow Investor, which became On Property. So I was really excited to interview Steve McKnight. He didn't have a lot of time, so it was a very short interview. But it was great to pick his brain to understand the angle he's coming at things from and to learn a bit from him. I've been mulling over the things that we talked about for the last couple of days. Today, I wanted to share with you my learnings from the interview that I did with Steve McKnight. The biggest learning that I took away from that was the w

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Is the Australian property market in a bubble and is due to burst and how should you be investing in today's market? Best selling author Steve McKnight provides us with his insights. Hey guys, Ryan here from onproperty.com.au, helping you find positive cash flow property. Today, I have the absolute privilege of welcoming on the show Steve McKnight who is a very well-known author around property investing in Australia. He's written multiple books, including one that I highly recommend and have listeners and readers of mine have bought hundreds of copies of this book and that's 0 to 130 Properties in 3.5 Years. In this book, Steve talks about how he went from 0 to 130 properties with his business partner in just 3.5 years. Following that up, there's 0 to 270 In 7 Years. So Steve has accumulated a lot of properties over time. In fact, it was Steve McKnight's book that got me interested in positive cash flow

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode There is this belief that negative geared properties grow while positive cashflow properties don't. But does negative gearing guarantee capital growth? There's this belief out there in the world of property that negative geared properties grow in value or provide you with capital gains. Whereas positive cash flow properties don't grow in value and don't provide you with capital gains. So when it comes to investing, you either need to choose negative geared properties or you need to choose positive cash flow properties and you can't have the best of both worlds. So today, in this episode, I want to talk about whether or not negative geared properties are guaranteed to grow in value. Hey, I'm Ryan from onproperty.com.au, helping you find positive cash flow property. I've just moved house, so if you're watching the video, you'll see a bunch of boxes beside me. So, sorry for that, but I didn't have time to un

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Lender's mortgage insurance is a one time fee the borrow pays to protect the lender against a riskier loan. Lender's Mortgage Insurance explained So let's say you want to invest in property but you don't have the minimum 20% deposit required. Well, you're likely going to have to pay what's called Lender's Mortgage Insurance. But what exactly is Lender's Mortgage Insurance and is it worth the cost? In this episode, I'm going explain Lender's Mortgage Insurance. What exactly it covers and why you would want to get it. Hey, I'm Ryan from onproperty.com.au, helping you find positive cash flow property and I've just moved house. If you're watching the video, you can see a bunch of boxes in the background behind me so I apologize that I don't have the best setup today, but I did want to create some good content for you. And this is a question that a lot of people ask. A lot of people want to see lender's mortga

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode A lot of people have the goal of 10 properties in 10 years. But will this goal actually help you achieve what you want? Do you need to buy 10 properties in 10 years? A lot of people out there have this goal of buying 10 properties in 10 years or they encourage people to have this goal of purchasing 10 properties in 10 years. Today, I want to ask the question, do you actually need to buy 10 properties and do you need to buy them in 10 years? So, let's have a look at that. Let's try and break it down and see do we actually need this to achieve what we want in our life? This is kind of carrying over from the last rant I did which is onproperty.com.au/345 where I talked about some alternative ways to think about financial freedom. And a lot of people think about financial freedom in terms of how much money they want to make, the lavish lifestyle that they want to have. However, if we can fast forward it and i

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode In this investor profile we talk to Jonathan Preston who has purchased 5 properties in the last 4 years. If you want to be featured on On Property simply email ryan@ryanmclean.net Hey guys! Ryan here from OnProperty.com.au, helping you find positive cash flow property. And one of the things that people love to hear is from investors who have gone out there, purchased property themselves and had some experience in the market and achieved some success. And so today for our Investor Profile, I have with me Jonathan Preston, who has purchased 4 properties himself and has built up quite a successful portfolio and has just written a book about it as well. Ryan: Hi Jonathan! Thanks for coming on today. Jonathan: Thanks very much for having me. Ryan: So, give us first an overview of what is your portfolio and what does it look like. And then we will talk more specifically about each of your properties and why y

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Many people get stuck thinking about financial freedom in a non-productive way. Here are some alternative ways to think about financial freedom. Today, I wanted to talk about some alternative ways of thinking about financial freedom and kind of poke the box of what we think financial freedom needs to mean for us and what the ideal lifestyle needs to mean for us. I used to be in the basket of the person who thought that in order to be happy, in order to feel successful in life, I needed to be extremely rich. And I would set goals for myself like, “This year, I'm going to make a million dollars.” and I had in my mind that if I made a million dollars, then I would be successful and I would be happy. And if you're thinking that way, then look, that's absolutely fine. A lot of us go through that phase. A lot of people always want that, but there are some alternative ways of thinking about financial freedom tha

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode How do you see the development applications for a given area? Microburbs.com.au displays them in an easy to read list. If you are interested in investing in an area or you own a property in an area, you may from time to time want to see the development applications for that area. Traditionally, you need to go to council in order to do this. However I have discovered how to see the development applications for an area for free, online, using a great free tool. So we are going to be using a free tool that is called Microburb, which you can check out at Microburbs.com.au. Now, this tool gives you a whole bunch of different information on the demographics of the area, commute times, like rankings of schools and all that sort of stuff. But one of the things that it also does is it gives you development proposals for the area. So let us go ahead and have a look at Lindfield in New South Wales, which is the subu

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode How do you know the best time to sell your property? It's easy to monitor the market with this free tool. The property market goes up and down all the time. So how do you know when's the best time to sell your property? Luckily, there's a tool out there to help you assess the market on an ongoing basis to understand the trends in your current suburb and whether or not you should think about getting out and selling your property before the market goes down or before it plateaus. To do this, we're going to use a tool called DSR Data, which stands for Demand to Supply Ratio and you can get this over at dsrdata.com.au. This is a really great tool and it gathers a lot of different information from around the internet; different sources to try and assess how much demand is there for properties in the area compared to the supply of properties in the area. And so, ideally, you don't want to sell when the DSR is e

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode There are some great free sites for researching property in Australia. You can find out everything from capital growth trends to the hipness of an area. In recent years (and even months) a lot of great free sites have been made available to help Australian investors and homeowners do effective property research. Here are my 8 favourite sites that I think you will absolutely love. You can get almost everything you need for property research just from these 8 free websites. Let me show you through them now.   1. Searching For Property - MyRealEstate.com.au RealEstate.com.au and Domain.com.au are antiquated portals full of ads that get in the way of your property search. When I do a simple search for properties in "Cronulla NSW" my adblocker blocks 17 ads on RealEstate.com.au and 26 ads on Domain.com.au. Ads aside MyRealEstate.com.au is a better search tool for a number of reasons. A) You can use nat

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode If you want to avoid public housing hotspots in an area you can. I'll show you exactly how to find public housing hotspots so you can avoid them. If you're looking at investing in a property, chances are you're going to want to know where the public housing is in that area. Homeowners often want to know where the public housing is, as they want to avoid that area and some investors actually seek out public housing for the potential higher yields that properties around the public housing areas can deliver them with the potential of positive cash flow. So in this episode, I'm going to show you exactly how to find public housing hotspots in an area using a tool that's absolutely free. Hey, I'm Ryan from onproperty.com.au and the tool that we're going to be using to do this is called Microburbs and you can find that at microburbs.com.au. You used to be able to do this – you still probably can – through a tool

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Today I share a new tool that gives A LOT of information about a suburb so you can make more informed investment decisions. Hey guys. For years, it's been really hard to find decent data on an area that you're looking at investing in. If you're interested in investing a particular area, if you don't live there, it can be very difficult to know things about that area that you want to know. Things like; even capital growth or crime rates or public housing in the area. What the area is like? What kind of restaurants are in there? Over the last 6 months to 12 months, there's been a lot of tools that have been coming out that have made life a lot easier for us. And we have a new tool that I've actually just discovered yesterday called microburbs.com.au and I've got the creator and founder, Luke Metcalfe with me today to talk us through it and how we can use this to better help our investing. Ryan: Hey, Luke,

Renovation can be a great way to get instant equity and make money but first you have to find the perfect property to renovate.

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode There is a new, faster, better way to search for real estate online. A better experience with less ads. Hey, guys, Ryan here from onproperty.com.au, helping you find positive cash flow property. Today, I've got an awesome tool for you guys and an interview with the creator of that tool. The tool is myrealestate.com.au and the creator who's with me today is Nino Svonjia. Ryan: Hey, Nino, how's it going? Nino: Hi, Ryan. Good, yourself? Ryan: Very good. Now, you guys know when you go on to realestate.com.au or you go on to domain.com.au and you search for a property, the search listings aren't always the best. They're not organized the best. There's often those sponsored listings that get in the way that aren't in the same suburb or the same price range that you're searching for. Searching for properties online and finding a decent property can be extremely difficult and Nino is trying solve this problem

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Analysing a property market and understand what areas are likely to grow can be difficult. In this interview with Jeremy Sheppard from DSRdata.com.au we learn how to use data to find the best places to invest. One of the hardest things to do as a property investor is to know how to analyse a property market. We can look at so many different suburbs. We can look at different cities. But it's really difficult to know – is that area actually going to grow in value or is it going to stay stagnant or decline? So, today, I did an interview with Jeremy Sheppard from dsrdata.com.au. He is my go-to person when it comes to understanding how data impacts our view on a suburb and impacts whether we think a suburb is likely to grow or not. There's a lot of people out there touting wisdom about population growth and income statistics and all of this sort of stuff, but often, the advise they give is actually wrong. And

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode How can you find a good suburb to invest in? A suburb that is likely to go up in value, one that is low risk and has the potential for capital growth. So you want to invest in property. Obviously, you want to choose a suburb that has minimum risks and the potential for maximum returns but what are the steps that you need to take to actually find a good suburb to invest in? What are the steps that you need to take to find a good suburb to invest in? 1. Start At A State Level The first thing that you need to do is to start broad. What most people do is they start from the ground up which is the wrong approach. They will find a property, someone might send them a link and say, "Hey, look at this property" or they might say, "My uncle is selling a property and you can buy it. If you don't go through a real estate agent he will give you a discount." And so for one reason or another, you end up starting at th