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https://www.youtube.com/watch?v=tuz3m5upSy4 Some experts claim there is an ideal percentage of renters in a suburb vs owner occupiers. But what does the data actually say and what is the best % of renters in the suburb we are investing in? Select Residential Property DSR Data Read this article: https://selectresidentialproperty.com.au/busting/whats-the-ideal-tenant-to-owner-mix/ 0:00 - Introduction1:00 - Why people speculate that this is important3:25 - What does the data say (2 years)5:30 - 7 years of data5:50 - 12 years of data6:33 - Is this something to consider for suburb growth?9:00 - Why might this happen?11:10 - How to find % of renters in an area Recommended Videos: Property Data Dive Series Why Population Growth Does NOT Predict Capital Growth (Data Dive) Transcription Ryan 0:00Some experts claim that there is an ideal percentage of renter's in a suburb versus owner occupiers where you want to invest in suburbs that have just the right amount of renters and just the right amount of owner occupiers. And not one way or another, that it's going to give you, you know, the best chance of renting your property and the best chance of selling your property. But what does the data actually say about what is the best percentage of renters? Do we want a high percentage of renters? So there's lots of people in the area to rent out property? Do we want a low percentage and mostly owner occupiers, which means there might not be as rental properties in the market? Is that going to be hard to then rent out the property? How does all this affect us? So today, I've got with me, Jeremy Shepherd from select residential property to talk through the data and to say, Okay, what does the data say about percentage of renters versus the growth that an area is likely to help? So thanks for coming on today, Jeremy, Jeremy 0:56thanks for having me on your show. Right. Ryan 0:59Okay, so what does the data tell us about this Goldilocks zone of just you know, the right amount of renters? I think, if I've ever heard it, which I don't know if I have, but it would be like around that kind of 20 to 30 35%. Mark, and then people say, you know, anything that's too high renters is probably not good. Jeremy 1:20Yeah. Well, there's there's an argument where you say are too high renters means? There aren't enough owner occupiers taking better care of their property. There's too many other landlords you competing with over the over the other, the tenants available. And then the opposite is some people are arguing. Well, if there are no tenants there, how do we know that that anyone wants to rent there. But that's really just a case of, there's no supply of rental property, I would much prefer to buy in a location where, where there are no other landlords I'm competing with. But anyway, that's all very good data, we Ryan 1:56heard from at least one expert in the field that has said you want to target suburbs with this range of renters. And you don't want to look in suburbs that have really low percentage of renter's because it can be hard to rent out your property. And I remember looking at that thinking, I don't know about that video that you and I have done on population growth versus capital growth. And the fact that, you know, population growth just kind of indicates the supply that already is existing and has been built over time, because people are waiting in the streets in order to move into a suburb or anything like that. If there's no houses there for them to move into. So when I think about rental demand in a market, I don't really look at percentage of properties that are rented, I would look at vacancy rates in the area. And I would think if there's less rental properties available, assuming the area still has good fundamentals, then you know, I I'd rather that area, because then you're the only rental property. And so Jeremy 3:00right. Yeah, exactly. I mean, what what do you what are you looking at when you see all 0%? renters? Some people are thinking, or nobody wants to live there. But what about all the owner occupiers that represent the Ryan 3:14hunter, they want to live there? Yeah, I Jeremy 3:16think they do. Anyway, that's all just theoretical. Let me go down to what the data says, oh, by the way, this, this all comes from census data. So there's an image of the question in the census. I don't know which census what that was taken from. But it's Yeah, do you rent Do you own? There are actually about eight or nine different categories that the OBS puts it into? Ryan 3:38It'll be good to have new census data soon. Because Oh, yeah, we Jeremy 3:41got one coming out this year. Yeah. The thing is that I published that data until about a year after census night. So still a rain Ryan 3:49winning. Jeremy 3:51Yeah, so some of this data can be out of date by Well, at best case, a year or worst

https://www.youtube.com/watch?v=YveECmSbbNY In order to get the best return on investment we are told to invest in the right suburb so over the long term they will outperform other suburbs over the long term. But what I'm starting to see is that a lot of suburbs tend to perform extremely similar over the long term. Read this article: https://selectresidentialproperty.com.au/busting/apples-oranges/ Select Residential Property DSR Data 0:00 - Introduction0:58 - How comparing apples to oranges applies to property investing2:08 - Why doesn't extreme growth disparity happen?4:40 - Chance of better than average capital growth over the long term8:35 - The positives and the negatives of above average growth being hard to achieve9:25 - How can we get above average returns as an investor13:00 - Differences between 1 year, 5 years, 10 years and 25 years growth14:43 - What are the chances of picking a high performing market over 15 years vs 5 years16:40 - Can you determine high performers over the long term (30 years)19:10 - Radical vs marginal difference in price Recommended Videos: Property Data Dive Series Does Past Growth Predict Future Growth? (Property Data Dive) Good Schools and Amenities DON'T Create Capital Growth! SHOCKING RESULT! Transcription Ryan 0:00In order to get the best return on investment and achieve our property investment goals, we're told to invest in the right suburbs so that over the long term, they're going to outperform other suburbs. And you're going to end up you know, so much richer than if you purchased in the wrong suburb. But what I'm saying to say what image Jamie Shepard from select residential property is that a lot of suburbs in general, tend to perform very similar over the long term that yes, in the short term, there can be big disparities between suburbs. And there can be value in you know, picking your suburbs for the short term. But when you start stretching it out to 20 3040 years, a lot of these suburbs especially the choosing suburbs, with good fundamentals tend to perform extremely similar. So I guess this is kind of looking at short term versus long term investing. And Jeremy has got a great metaphor and analogy that can help us understand this, which is the concept of purchasing apples and oranges. So do you want to lead us into that, Jeremy? Sure. Jeremy 1:03Thanks. Thanks, Ryan. Thanks for having me on your show. No, all right, let's say you walk into a fruit shop 100 years ago, and there's a crate of apples, and there's a crate of oranges. Now assume that the apples were one cent each and the oranges were two cents each. If the apples grew at a rate of 4% per annum, whilst the oranges grew at a rate of 8% per annum, then after 100 years, an apple would cost you 50 cents. And an orange would cost you $44. Ryan 1:36Okay, imagine the beginning. Did I just start out at two cents? Did you say Jeremy 1:40yes, oranges for two cents. Ryan 1:43So in the beginning, oranges were worth twice as much as apples. And then in the end the end after 100 years, if they continue to have this disparity, and they grow the 4% apples versus 8% oranges in 100 years time, the owners are now worth 88 times more than apples. But why? Why doesn't this happen? Jeremy 2:05Okay, well imagine walking into a fruit shop right now and you've got a hankering for some fruit. You're looking at apples 50 cents each, or oranges $44 each. You just you'd have to be mad keen on oranges to spend 44 bucks on one. Right? So Ryan 2:23that week, most people wouldn't spend $44 on oranges. I don't know if you remember years ago, when there was the banana shortage $3 for a banana? I remember going months without a banana and then going in and just buying one banana. Jeremy 2:40Again, well, I guess yeah, it all comes down to supply and demand. Ryan 2:43I guess during that time period, I bought way less bananas than I would buy now when they're really cheap. And so I guess a lot of people would do the same thing, which is you're saying, you know, at some point along this journey, oranges get so ridiculously expensive that no one's gonna buy them. Jeremy 3:00That's right. Yeah. And so they look for an alternative. And that, of course subdues, the demand for oranges reducing their growth rate, and increases the demand for the alternatives, which could be apples. And so what you find is that eventually, things balance out apples and oranges grow at the same time, right? It's still an apple, it's still an orange, nothing's changed. They're still as equally desirable. He's perhaps someone Ryan 3:27Well, I'll just gonna stretch out this analogy a bit. Because, you know, we might go through a period where there's, you know, some, let's say there's a social media trend about oranges, you know, so everyone's going out and buying oranges. They're super popular, although there&#03

https://www.youtube.com/watch?v=T10DA4fZUO8 I might be able to buy my first investment property in the next couple of months. I am finally saving my first house deposit. It has been a long journey and this episode I want to take you on a journey of the property deposits I have saved in the past. But why didn't I buy property in the past and what am I doing to save my deposit today? Book a Free Property Strategy Session - https://onproperty.com/strategy 0:00 - Introduction1:33 - Where I'm at now2:22 - My 1st Deposit (Age 16)5:21 - My 2nd Deposit (Age 25)8:47 - My 3rd Deposit (Age 28)12:05 - My 4th Deposit (Age 31)18:58 - Getting Out of Debt21:55 - Saving My 5th Deposit23:39 - Do I Regret Not Buying Property In The Past?25:00 - It's Never Too Late To Get Into Property26:30 - Building a Large Portfolio27:32 - Property strategy session= Recommended Videos: I Lost Thousands in Cryptocurrency…Here's What I Learned How I Paid Off $100,000 of Debt in 2.5 Years Financially Free at 32…Again Transcription Ryan 0:00I might actually be able to buy a property my first investment property in just a couple of months, which is super exciting. I am finally saving my first house deposit. This is not the first deposit that I've saved, but Fingers crossed, this will be the one that will actually get me my first property. It is absolutely amazing what a difference a couple of years can make. In this episode, I want to take you on the journey of the deposits that I've saved in the past which I've actually saved quite a few and never purchased property. why I did that? Do I regret it? Because, you know, I could have purchased property probably around 15 years ago, which obviously would have grown But why didn't I What happened? And then what am I doing to save my deposit today. So grab yourself a tea or coffee or water and settling because it is storytime This is my journey. This has been a long journey and an arduous journey. But hopefully this will encourage you to go out there and to say that, even if it doesn't happen overnight, if we have a plan, if we strategize if we work towards it, we can get there eventually. And we can have an amazing life along the way, which I actually think is more important than buying the properties. I think the most important thing is having the amazing life, you buy properties as an insurance policy to give you financial freedom to give you choices in order to do that. So now I'm saving my deposit probably got around about the 15 to $25,000 put aside for property, I'm looking at buying something around about 350 to $450,000, with maybe a five to 10% deposit. So I probably need anywhere from around 17 and a half 1000 up to $45,000 for a deposit plus stamp duty and closing costs. So you're looking at another what maybe 1015 $20,000 in order to save for those closing costs. So I'm actually not too far away from purchasing my first property, hopefully in a couple of months. But let's go back and look over my life and see what got me to this point. Why haven't I bought property yet? What sort of things have I done along the way? So my first deposit was saved before I was 18. So I remember going driving out to Lythgoe with my dad at age 16 I had around $20,000 in cash, looking at properties around about the $100,000. Mark. So you're looking at 10 to 15% deposit plus closing costs there. I had the money in order to do that. So looking at those properties. The thing that was difficult for me at that time, being so young, only having a part time job was just serviceability, right. I couldn't get a loan in order to purchase these properties. And that really held me back at that time. I think if a bank was willing to lend a 16 year old $80,000 or $90,000, in order to buy a house, then I would have gone ahead and done that then and purchased a property in Lythgoe, what, 15 years ago, no, 17 years ago now. And we'll probably I don't know if I'd still own that property today. But that would have been the start of my journey. So that didn't happen. I wasn't able to borrow money. And then in my late teens, early 20s, when I was thinking about what career do I want to pursue, I knew that I wanted to be an entrepreneur, I knew I wanted to make money online. So again, I continued to work, just casually just part time while I tried to build up my business and make this dream a reality of working full time online. So again, my service ability suffered. I also had met an amazing partner, we decided to get married. And so around that time, the deposit that I had saved, got used for things like just living expenses, going on holidays, doing fun things. I gave some of that money away as well, a big chunk of that I actually gave to a cause that I believed in at the time. And so quickly that deposit went from existing in my bank account to not existing to the point where when we got engaged, I actually had to sell

https://www.youtube.com/watch?v=XSrDuSuILAs We are so often told that if we want the best capital growth our property needs to be close to amenities. Good school, train stations and shopping centers or other public transport are often touted as key indicators of future growth. But what does the data actually say about the affect of amenities on the capital growth of a suburb? The results from this one are extremely surprising. Read this article: Select Residential Property DSR Data 0:00 - Introduction1:40 - Key idea: Price has already factored in existing amenities, which does NOT lead to more growth4:00 - How expansion of Brisbane airport affected prices short and long term4:45 - Do train stations affect capital growth7:55 - Be careful of starting and ending points of statistics8:30 - Do school affect capital growth11:00 - How do beaches affect capital growth12:55 - How does proximity to shops affect capital growth13:58 - How does walkscore affect capital growth?21:24 - What do we do with this data?26:04 - Price variability over time Recommended Videos: Property Data Dive Series Transcription Ryan 0:00We're often told that when you're buying a property to get the best capital growth, the best return on investment, you want to look for properties that are close to amenities close to really good schools, close to shops and shopping centers, close to public transport. How many times have you heard people say, you know, this is a great suburb because it's got all of these factors in it. But as an investor, what we care about is the return on our investment, how much is that property going to grow? How is it going to perform? And so is this actually important? And today, I've got with me, Jeremy Shepherd from select residential property to actually dive through the data on this one, yes, it makes logical sense that we want these amenities there. But does the data actually back up this idea that this is going to lead to higher than average capital growth? So I'm excited for this on Hey, Jeremy, how I Jeremy 0:50can hire Ryan, Manuel, how are you? Ryan 0:52Yes, very good. I'm looking to buy a property in the very near future. And this is obviously something that I'm thinking about and considering when looking at suburbs is to say, okay, what's the suburb? Like? What are the schools like in the suburbs? have close to the shops have close to the transport, basically, trying to get an idea of, you know, why would people want to live here? And will they want to live here in the future? And does it have those desirable things, but I'm thinking you're going to tell me something different given? You've done the data analysis, and there's an article on this? Jeremy 1:26Yeah, good, good guess. Yeah, look, it's not a complete waste of time researching this sort of stuff. But there's, there's a very clear caveat to it. It's not automatic, that if you're buying in a suburb with good schools, shops, transport, all those amenities, that you're going to get above average capital growth. The key is whether that amenity is new or old. So the whole principle here is that if the suburb has all these great amenities, then it should be that properties in that suburb are very expensive, because this is a desirable place to live. But the price has already factored in the benefit of those amenities being there. Let's say for example, you get a new train station that comes into the suburb, what's going to happen is the suburb is now more desirable, people start paying more to have that, that benefit of being within say, walking distances, TradeStation. But after a few years, once it's factored into the price of properties in that suburb From then on, it's just it's business as usual, the capital growth carries on pretty much the same as any other suburb. So it's always a short term thing. And I did some research to look into some of these, these things like, like transport? Well, let's Ryan 2:49have a look. Let's type people through the data and see what the data says from from what I'm hearing about, what you're saying is that, like we talked about in a previous video on public housing, is that if something negative comes into us other, like you mentioned, a sewage treatment plant, or if a new airport gets built, and there's planes flying over, then that's other can be reduced in value, or the growth can be slowed over the next multiple years, maybe three years, maybe five years. But then you're saying what happens is eventually, that eyesore or that issue is factored into the pricing. And then that suburb is just going to grow in line with basically the surrounding area. And I guess what you're saying here is that the opposite is true is that if you've got a suburb that doesn't have amenities, if you add those amenities, making the suburb more desirable that lifts the

https://www.youtube.com/watch?v=f3PVAUKovuQ Let's talk about bad debt and how to pay off debt. I'm so grateful to say I am FINALLY in a position where I am debt free and now able to save a house. But rewinding to 2-3 years ago that was not the situation I was in. I quickly got into around $100,000 worth of debt. Here's how I managed to pay it off in such a short period of time. 0:00 - Introduction2:05 - #1: Write Down ALL My Debts3:26 - #2: Accept Where You Are3:48 - #3: Write Down All My Assets To Know My Net Position4:20 - #4: Calculate Minimum Required Payments5:37 - #5: Cut Spending DRASTICALLY7:23 - #6: Increase Your Income10:20 - #7: Keep Expenses Low Even As Income Increases11:19 - #8: Create a Buffer Fund14:04 - #9: Have Great People Around You Recommended Videos: How I Got Myself Into Debt How I'm Paying Off Debt Transcription Ryan 0:00Let's talk about debt. Let's talk about bad debt. And let's talk about how to pay off debt. I'm so grateful to say that I am finally, finally, in a position that I am debt free and actually saving towards a deposit for a house. And I found out yesterday that I may actually even have most of my deposit ready and be able to go way faster than I thought. But if you rewind to about two, two and a half years ago, that was not the situation that I was in, I quickly got into a lot of debt, around $100,000 worth of debt once it was all tallied up. And let me tell you, that is a scary, scary figure. So in this episode, I want to talk about the things that I did to get out of such a significant amount of debt debt that was crippling debt that nearly sent me bankrupt. And so if you have bad debt and your life, whether it be as bad as me, or maybe just some credit card debt that you want to get rid of, what are some things that you can do to start to remove that debt, and actually get ahead in life? Hey, I'm Ryan from OnProperty, helping you on your journey to financial freedom. I'm currently at the beautiful garden falls on the Sunshine Coast. And it's taken me a lot of heartache, and a lot of hard work to get here. But I'm excited to share this story with you. I have been financially free through my businesses twice now been in extreme amount of debt and been able to pay that off. And I'm now saving towards my first property, which I should hopefully purchase this year. But if you're in this situation like I was in when you're in debt, how did I go about actually paying that off? and wiping that debt completely? Because I didn't do what everyone told me I should do. I actually tackled this my own way in a way that was true to myself. And I'm obviously really happy with the result having cleared that debt in just two years, but not just cleared it but also created financial freedom through my businesses, again in that two year period. So what did I do that was different? And what can you take away from this? Well, the very first thing that I did was actually sat down and wrote down all of my debts, I lived in denial for a little while thinking, Okay, now I just need to get by, I was going through a married separation. So there's a lot emotionally happening for me, I wasn't ready to write down my debts and deal with that. So I just kind of swept it under the rug, didn't think about it, and was just kind of going on in life. But one day, I remember sitting down in my dad's garage, which was my office at the time, line by line, I went through every debt that I owed from existing debt that I had payment plans on to money that I owed family members to future tax that I would have to pay, which I knew was debt that just wasn't quite jus just yet. I wrote it all down. And it was extremely overwhelming to realize that I was around $100,000 in debt, the exact figure I don't remember. But I do remember that feeling of looking at that and just being like, I am absolutely screwed. There is zero way that I can get out of this. What the hell, how have I got myself into such a mess. But I sat with that overwhelm. And I sat with that fear and terror, and just kind of asked myself, okay, what now? It's like, this is where you are, and accepting that this is where you are, was a big step for me and to just say, okay, pass, Ryan got you into this, as Ryan was a bit of an idiot. But this is you now, this is what you got to deal with? How are you going to get out of this. So I wrote down all the debts, I also wrote down all my assets and things that I could potentially sell in order to clear some of that debt. And I knew that I had businesses that I could sell and probably liquidate around about 50 to $60,000. But then I'd have to pay tax on that. So you kind of more looking at around maybe $40,000. So at least that took 100 grand down to 60 grand if I ever had to sell but that also kind of wiped the idea of selling my businesses, because it wasn't even going to pay off

https://www.youtube.com/watch?v=_lMnvaDCPQ0 We are often told to get the best capital growth we should buy the more premium and expensive suburbs and avoid the cheaper suburbs.People things suburbs are cheap for a reason and are going to stay cheap. But is this actually true? Do cheaper suburbs actually underperform compared to more expensive suburbs. Cheap Markets Are Not Under-Performers (Article Link) Select Residential Property DSR Data 0:00 - Introduction1:23 - Why are cheaper suburbs cheaper2:59 - Cheap vs Expensive Growth Australia Wide5:26 - Cheap vs Expensive in Regions7:00 - Cheap vs Expensive in Smaller Regions8:30 - Cheaper suburbs always perform better no matter which way you look at it9:05 - Cheapest vs Cheaper vs Dearer vs Dearest12:00 - Cheap vs Expensive in Major Capital Cities13:17 - Looking at Deciles15:00 - Looking at a 40 year period16:30 - Cheap vs Expensive Yield17:13 - Why buying cheaper properties could be better than more expensive properties Recommended Videos: Do Properties Near The CBD Actually Get More Capital Growth? (Property Data Dive) Transcription Ryan 0:00We're often told in order to get the best return on investment when buying property that we should buy the more expensive suburbs, the more premium suburbs with the idea being that people in the suburbs maybe have more money. And so I know property's going to grow faster. But what about cheap suburbs? People often think, okay, they're cheaper reason, and they're probably going to stay cheap. But is that actually true to cheap suburbs, underperformed compared to more expensive suburbs? Or is the opposite actually true? So today, I have with me, Jeremy Shepherd from select residential property to actually look through the data and to say, should we be investing in the more expensive suburbs? Or should we be investing in the cheapest other? So hey, Jeremy, thanks for coming on today. Jeremy 0:43Thanks for having me. Ryan 0:45Yeah, this one is really close to home at the moment, because I have saved my deposit, I'm looking to invest in the next few months, three to six months, and looking at different options in South Brisbane for me, but there's the cheapest suburbs, you know, kind of around $350,000 that I can get into with a lower deposit, or there's more expensive suburbs looking at 450 to 550, where obviously, I need a bigger deposit. And so I'm kind of arming an iron between the two. So it'll be interesting to go through this and to see, okay, what could be better? Jeremy 1:19Yeah, well, first of all, they don't underperform. So they're cheap for a reason is true. They are cheaper because they don't have all the nice things that the expensive suburbs have. But that doesn't mean that they underperform just being expensive, doesn't mean that you've had better capital growth. And I think that there's this mistake, mistaken belief that if a suburb is expensive, how did it get there, maybe it had better capital growth, but it's always been more expensive. And there's this correlation between proximity to CBD and higher prices for suburbs close to the CBD in the map, major capitals more expensive than the suburbs get. But they've always been like that they've always been more expensive. And as property investors were not interested in whether our properties is is cheaper, expensive, but whether it has a capital growth, that's the that's what we're after. Ryan 2:11And exactly right. Because let's say I'm going to invest a million dollars over the next couple of years into property or buy a million dollars worth of property, I could buy three for around, you know, $330,000 each, or buy two for 500,000, or one for a million. But what I hear at the end of the day is how much they go up in value. I don't care about the individual property price and its ROI. You know, I think one of the best videos we've done together is whether or not proximity to the CBD does correlate to higher capital growth. And the difference there was very small and not as much as the experts say, so I'll link up to that one down below. But let's jump into the data here. Sure, cheap markets versus expensive markets and talk us through some of the analysis that you've done. So we can get an idea of which does perform better. Jeremy 2:59Yeah, so this, this table, as you can see here was an analysis of cheaper markets versus more expensive. So what I did is, at a start date, I split the entire nation up into two groups, you either had a suburb below the median, or above the median, that's the cheaper or dearer columns there is. And then I measured on Australia as a whole. Yeah, yeah. And then looking at every suburb, over whether it's three years growth, you can see there in the far left, gone, three years, four years, 510, or 20. And in every one of those cases, it was actually the cheaper market that

https://www.youtube.com/watch?v=rk0Kl026uTU&ab_channel=OnProperty We are often told that if we are going to invest in property we want to find a suburb or street with low government housing. But is this actually true and does the data support this idea? Or can you invest in an area with high public housing and still get great growth in that area? Public Housing in a Suburb is No Big Deal Select Residential Property 0:00 - Introduction1:20 - Why this idea might be false5:08 - What does the data say?10:00 - Yield is not factored in11:25 - Something where there is a clearer trend13:30 - How to use data to build an investment strategy and predict where is likely to be good15:25 - Change in Gov housing vs capital growth Recommended Videos: How To Find Public Housing Hotspots In An Area Why Population Growth Does NOT Predict Capital Growth (Data Dive) Transcription Ryan 0:00We're often told that if we're going to invest in property, we want to find a suburb, we want to find a street with low public housing or low government housing, the idea being that if people own the properties that they're going to invest in them and renovate them, and the suburbs going to go up at a faster rate than other suburbs where that public housing in them are a higher percentage of public housing. But isn't this actually true? When we look at the data? Is this the trend that we say, Oh, can you actually invest in an area with public housing and still get great performance out of your property? So today, I have with me, Jeremy Sheffield, from select residential property to talk about this, to actually dive into the data I'm gonna answer once and for all, as to whether or not this has a big effect on future capital growth or not. So hey, Jeremy, thanks for coming on today. Jeremy 0:50Thanks very much, Ron. And thanks for giving me the opportunity to talk about this topic. Ryan 0:56This is something that has been talked a lot about in the community, there's a lot of experts out there who say to avoid public housing, and honestly, I can understand the reasoning behind it, avoiding you know, issues that can come with that lower socio demographic area, as well as the idea behind, okay, people own the mall owner occupiers, they're going to spend money painting their house and renovating it. And that could live the suburb as a whole. So what does the data actually say? Jeremy 1:25Well, the data suggests that there, it depends, is it there isn't really much in it. So it comes down to how long the social housing has been there. Let's say let's say a suburb is to host the new cities, sewerage treatment works, you can imagine that capital growth in that area is going to be diminished over over the following years. But eventually, that lack of capital growth, while the rest of the city suburbs are growing, eventually be factored into prices. And this is the thing over a long period of time, just about any sort of amenity or eyesore or advantage gets factored into the price of property. And from then on, it's it's business as usual. Queensland University of Technology did an interesting study about Brisbane Airport in in 1980, there was an expansion of Brisbane Airport, there was going to be a new flight path that was going to affect suburbs under that flight path. And for about four years, those suburbs had reduced capital growth. But then after that, it was it was business as usual. So it took four years for that negative amenity, to have an impact on prices, bring them back in balance. And from then on, it was his business as usual. So if your public housing has been there for decades, it is well and truly already factored into the price of property and is having no impact on capital growth. Ryan 2:57So what you're saying here is let's say we have an area that has a very low percentage of public housing, the government decides, okay, we're going to move a lot of public housing into this area increase the percentage that could have a negative impact over a short period of time, because that's now less desirable, because of you know, the socio demographics of that area. But what's going to happen over the next couple of years, okay, maybe that's how it doesn't grow or goes backwards while the rest of the city grows, eventually, that's just gets known as you know, the price and the value that it's at, relative to everything else. Now that it's reached kind of its equilibrium, as the city continues to grow, it's probably going to keep pace with it. Jeremy 3:39That's right. Yeah. And when you think about it, let's say there was something very negative, like an enormous amount of public housing that comes to a suburb and it has negative growth, if that negative growth is going to continue, because it's got social housing, do you eventually get to a point in the future where property prices a negative, like people actua

https://www.youtube.com/watch?v=z2TkAOaidtg&ab_channel=OnProperty Experts often tell us that the more a suburb has grown in the past means that suburb is more likely to grow in the future. But is that actually true and does the property data back up this idea: High Property Growth History is a Red Flag Select Residential Property 0:00 - Introduction1:38 - Why the opposite might actually be true4:45 - What does the data tell us?9:50 - Last 10 years vs next 10 years12:15 - Applying this to cities and larger markets15:00 - Performance of significant urban areas over the last 30 years Recommended Videos: Why Population Growth Does NOT Predict Capital Growth (Data Dive) Transcription Ryan 0:00Experts often tell us that the more a suburb has grown in the path or a suburb with good growth history means that that's above is also likely to grow in the future. So does the past predict the future in terms of Southern growth? But is that is that actually true? Are we actually making these decisions based on data? Or someone just told us this and you know, general consensus has just kind of agreed to it and gone along with it. So today, I have with me, Jeremy Shepherd from select residential property, to look at the data behind this and say, okay, does pass growth actually predict future growth? Or could the opposite be true? And I absolutely love Jeremy, that you just take a super data approach to this. And you're happy to, I guess, come over the top with some, I guess, counterintuitive views on what may be happening here and just provide us with these knowledge bombs of insight. So super excited for this one. Jeremy 0:56Yeah. Well, thanks very much for having me. on your show, Ryan. And this is this is a topic that I I get a lot of heated arguments with, with experts about Yeah, so I'm always falling back on what the data says Show me. Ryan 1:10What is the premise here that the experts are saying, why why do they think that? If an area has grown Well, in the past, it's going to grow? Well, in the future? What is their reasoning? Do you think? Jeremy 1:23Right question. I actually, it is it is peculiar. Why is it just because it did in the past? Why does that mean it will in the future? Because my initial reaction is, well, if it's if it's grown too much in the past, if it's outperformed, and put a massive gap between itself and you know, its neighboring suburbs? Don't the neighboring suburbs look more attractive, because they're now relatively affordable by comparison. And that's the whole concept of this ripple effect where, you know, you have the ideal suburb, everyone's buying there, they love it, prices go up too high. And then people look for the next best. So they think, well, it's not ideal, but it's it's close enough. And so that reduces demand for the ideal suburb, because then it's unaffordable, and increases demand for the next best thing. And that just keeps happening. And it all ripples outwards from, you know, the most affluent, exclusive suburbs. Ryan 2:26Right, our saying today, you would you would expect from the data, the opposite to be true that if a suburb has grown significantly in the past, then it's less likely to see growth in the near to medium term future. Jeremy 2:39That's right. But as as things just balance out, Ryan 2:41or Yeah, may not be triggered growth, but my won't necessarily see more growth in comparison to other suburbs close by. Jeremy 2:49Yeah, that's right. And I do use this. apples and oranges analogy, where picture yourself in a fruit shop 100 years ago, and you can buy an apple for one cent, or orange for two cents. Now, if oranges grew in value at 8% per annum, but apples only grew at 4% per annum, then 100 years later, you'd be spending 50 cents on an apple and $44 for a single orange. It's It's ridiculous. It's still an apple, it's still an orange. Why would you walk into a fruit shop buy $44, one orange, when you could buy 88 apples for the same price. So what would happen is long before that ridiculous price discrepancy arose. People would think oranges are expensive. What's an alternative? Yeah, apples there, they seem to be quite affordable. So that reduces demand for oranges. And they have a lower growth rate increases demand for the substitute the apples, so they catch up. So that what's more likely is you walk into a fruit shop 100 years later, and it's 50 cents for an apple and $1 for an orange that sort of thing Ryan 4:02that makes discrepancy will kind of counterbalance so we'll kind of try and stay around the same sort of thing. So if you got like in this picture, we've got Bondi Beach here. I think this is a very desirable suburb, obviously. But if Bondi grows by significantly too much, then people will look at the outer suburbs surrounding Bondi to say, Okay, I still want to live near bond I maybe won't be a

https://www.youtube.com/watch?v=F9rz9q5B74c&ab_channel=OnProperty We are often told if we want the best capital growth we need to buy as close to the CBD as possible. But is this actually true and is there any data to back up this advice? Why There's No Need To Buy Near The CBD Select Residential Property 0:00 - Introduction1:13 - Issues with prior reports6:35 - What trend you'd want to see if this was true8:10 - Calculating the data9:25 - The results11:45 - A problem that makes this difficult to assess13:30 - Change in growth/m216:35 - Yield vs distance to CBD19:20 - Don't just look at one data point20:25 - Volatility vs proximity to CBD22:30 - Why are properties near the CBD more expensive? Recommended Videos: Why Population Growth Does NOT Predict Capital Growth (Data Dive) Transcription Ryan 0:00We're often told that if we want the best capital growth, then we need to buy as close to the CBD as possible and that the further out you get from the CBD, the less capital growth you're going to get in that suburb and in that property. But is this actually true? Today? I have with me, Jeremy Shepard from selected residential property to talk about this. Do we actually need to buy in the CBD or as close to the CBD as possible? And is it true that the further out we get, the worse our capital growth is going to be? When we look at the data? Does it actually tell us a different story? So hey, Jeremy, thanks for coming on today. Jeremy 0:37Thanks for having me. on your show. Ron. Ryan 0:40No worries. So yeah, this is one that I'm really curious about. I know that you take different angles, other people, you look at the data, I guess more, I don't know, less emotionally, you don't draw conclusions as quickly as other people do? And you tend to say no, what does the data actually tell us? And sometimes you throw your hands up and say, Look, it doesn't really tell us much. So I'm excited to hear what conclusions you come to and what data you've looked at. So don't talk us through a bit about what research you've done, what conclusions it's likely to? Yeah, well, Jeremy 1:11I guess it was all triggered by having a look at some prior reports, I've seen quite a few. And it all seemed very convincing. And I tried to replicate the same sort of results and just to a little more well rounded job of it. So for example, people refer to inner ring, middle ring, outer ring, why have we got three rings? A lot of the reports I've seen have just focused on a single city. And I just thought, we need something a little bit more broad. What I wanted to know was, what is the improvement in capital growth per kilometer closer to the CBD? Is it possible to come up with a metric like that. And really, what I found was, there's not really much in it. And it's debatable whether there's anything in it. In fact, if I just scroll down, I think there was a Okay, so I go through some other reports and just point out some of the shortcomings, or some of these reports were quite a few years ago. So we can't really, you know, point a finger at what was done then it was was pretty good for its time. But there is a chart or where I cut to the chase. So I'll just if you'll bear with me, and I Ryan 2:24will link to this article down below if people want to go through this go through it in way more detail than we're going to cover in this video. And you can see all the graphs and things here. Jeremy 2:34This is a great one from two big names in real estate. Well, two big names in data in general RBA and real estate Institute of Australia. And, and this chart is a little bit hard to absorb. But what they've done is they've they've tried to create a ratio between these two timeframes, 2014 and 2008 2008. two and six. And the idea of this chart is that prices are getting the difference between inner and outer rings is getting larger and larger over time. So all I did was I tried to replicate this exact same chart, but for two for different time frame. And I've got completely the opposite result. So where's my one? Ryan 3:27I don't even understand what this chart is trying to tell us. Jeremy 3:31Well, yeah, okay, so Ryan 3:32his inner ring, and where's the outer ring? Jeremy 3:35Yeah, where exactly where do you draw the line? That's, that's another issue. What is Ryan 3:40it? Like? What does red mean? What does blue mean? What is medium prices? How much? Ring house versus an outer ring house? Jeremy 3:49Yeah, that's right. Okay. And that's it's 2006 versus 2014. So, you can see that in every case, the blue is higher than the red. Ryan 4:02That is the ratio is getting higher inner ring, the growth of inner ring houses outperforming the growth of outer ring. So you want to kind of 2014 the ratio should be higher than 2006. If the CBD is going to grow faster. Jeremy 4:18Yeah, that&#0

https://www.youtube.com/watch?v=eslXgi36xgw&ab_channel=OnProperty Managing money as a young person can be extremely difficult and it's not something they teach you in school. However, it is possible but with some simple steps and the right mindsets you can get really good at managing money when you're young. N'Jaane's YouTube 0:00 - Introduction1:48 - #1: Having Multiple Bank Accounts8:16 - #2: Look at money as a form of energy9:48 - #3: Look at what you spend your money10:58 - #4: How is your spending making you feel? Is it bringing you joy?13:55 - #5: Have a holistic view of money17:45 - #6: Have good money habits when earning a little or a lot19:28 - #7: Never spend money you don't have21:00 - #8: Give to something that is important to you Recommended Videos: Barefoot Investor Bank Accounts Explained Transcription N'Jaane 0:00Looking at money as a physical form of energy and understanding what it actually is, money is just energy. And as long as you've got energy in your body, you've got a way to make money and switching from a real scarcity mindset to an abundance mindset. It's like, actually, I can make a lot of this. And it's not a bad thing, if I do. Ryan 0:23managing money as a young person can be extremely difficult. It's not something that they teach you in school, I know I wasn't very good at managing money when I was young, however, it is possible. And with some simple steps and some simple processes in place, you can get really good at managing your money when you're young, to be able to save for a property or to invest or to set up your life. Today, I have with me, john Taylor, who is one of my best friends in the whole world, but also an extremely successful young person I've seen you go from, you know, basically having no money at all. N'Jaane 0:58And they're stressed out, Ryan 1:00stressed out on money, and then even earning just small amounts to be able to build up savings, build up a buffer and fun, build up your life to the point now, a couple of years later, when you're a successful DJ, you're running, meditate and levitate, you've got a lot of things going on in your life and more money coming in than you used to. And you still better at managing money than me. I'm excited to share today, some of the things that you do in your life that people can take away and maybe apply to their lives, whether you're young, this will help you. But even if you're older, you can take a lot from this as well. So thanks for finally coming on. Well, we got there. So what are some of the things that you implemented in your life to get you from that point where you were really stressed out to feeling like you have control over your money? N'Jaane 1:46Yeah, so I was really fortunate. I have a lot of mentors and friends that in the business game and entrepreneurs and so I went to a master your money seminar, I guess when I was really young. And there's just like, it's a really simple tactic that I started implementing. And I found that it didn't actually matter how much money I made. It just gave me that head start in like, very slowly building stability for myself. So the biggest thing that I took away from that was the full bank accounts like how to actually physically manage your money. So Ryan 2:28Well, that's it, most people just have one bank account. So mine comes in and money goes out. And then most people aren't necessarily tracking that. They just kind of do the blind like half and just hope it goes through. Yeah, especially if you know, as a younger person, you've gone out on the weekend. You're not sure how much you spend? N'Jaane 2:45Oh, yeah, I really feel for I feel for people on that one. That's why being a DJ is great. Just do that. You'll save hundreds of dollars for a drink. Yeah. Ryan 2:58So what are these four bank accounts? And how do you allocate money across them? N'Jaane 3:02Yep. So I it's easy. Look, I'm a bit OCD. So. Um, so I like managing it myself. But you can set it up. I know that I think maybe NAB and there's a lot of banks that will let you do this automatically. So you don't have to be going on to your bank account. And like manually doing this every single week, the you kind of work out how much money you spend on a weekly basis what your bills are, and then that money can just automatically be deducted and put into each different account. So Ryan 3:41explain the accounts and what each account is for. N'Jaane 3:43Yep, so I've got weekly expenses, which is exactly how it sounds. I just figured out rent, food, phone bills, like pretty much. Take a look at your bank accounts. See what you've spent on a weekly basis for the past like few months, average it out, it should like you'll find the stuff you're spending money on every single week. And especially for me

As a homeowner there can be a seemingly never-ending stream of plumbing problems. Blocked toilets, leaking taps or faulty hot water systems. They’re all a part of life, whether it’s in your own home or an investment property. But when the time comes for necessary, often urgent repairs, you want the best plumber to get the job done. And that decision making process has its own challenges. They key is to never panic or feel rushed. It’s always better to take your time making the right choice instead of chasing up loose ends later on. Backed by a calm approach, here are 8 things you should look for when choosing a good plumber. 1. Positive and Reliable Online Reviews Reviews of Metropolitan Plumbing Sydney The first thing you want to do is look at online reviews. Never leave it until you’re unhappy with a job and want to complain. It’s one thing to stick to a name you remember from television advertising or letterbox drops, but it’s another to properly check out their reputation and reviews. Leading resources include Product Review, an Australian consumer-based review site, and Google Review. Both are independent sources where customers can leave detailed feedback. You can then check out the pros and cons before making any decision. Look for recurring themes surrounding pricing, job satisfaction, customer service and availability. Individual reviews may focus on just one point, like pricing, so it’s always good to capture the overall picture. An inside tip is to avoid the lure of companies which seem too good to be true. An overall 5-star rating looks appealing, but is there actually a large quantity of reviews? A good balance of positive and negative reviews reveals legitimacy and engagement. There’s a better chance at truly seeing a company’s overall performance, rather than a tiny snapshot. Remember, it’s not possible to please everyone. There will be negative reviews and although 5 stars seems tantalising, the 4.5 ratings are the best benchmark. You can build from there and use the feedback as the perfect starting point for choosing a good plumber. Check out Metropolitan Plumbing's reviews on Product Review 2. A Good Social Media/Online Presence An engaging, communicative social media and online presence is just as informative as customer reviews. And although it may not be the first thing you think of when looking for a plumber, it’s an invaluable resource. Regular communication, informative posts and a professional website indicates a company which cares about customers. It’s more than just image. Evidence of a plumber answering questions and comments is always beneficial. As the customer you can rest assured someone is willing to help if anything goes wrong. On the other hand, when it seems like it’s difficult to engage with a plumber online, often the poor communication stretches to customer service. Irregular posts, no customer interaction and obvious negative comments are a major detraction. Just stay away from the plumbers and companies which give off a sour feeling on social media. Instead, look for those who post great images and have a positive interaction with customers. An active blog on their website is a good sign so is an active YouTube channel. This can really give you a better feel for the company or plumber you're going to be working with. Plumbers that are proud to show off past work are helping you make a big decision. Their eye-catching renovations and professional installations are all the evidence you need. As they say, a picture is worth 1000 words. 3. License Numbers and Insurance Always use a fully licensed plumber, electrician, technician or tradesperson. There are no ifs or buts about it. Even if the prices are low and you’re desperate, the risk does not balance out the reward. While you’re looking at a website or Facebook page, look for licence numbers. Often they’ll be located in the About Us section or a page footer. Perhaps the licences are even in the general text. Either way, the crucial part is you should easily find licence numbers without having to dig too deep. Licence numbers also vary in each state. For example, Western Australia has separate licences for gas fitting and plumbing. Other states are combined. The differences are especially important for a national company which has plumbers in various states. Take note of insurance, too. This is equally as important as it means the plumber is covered if anything serious does go wrong. 4. Flexible Availability Fast response times, 24/7 availability and same day service is the least anyone should expect. We all have busy lives due to work, family time, sporting commitments and socialising. Sometimes it feels like there’s barely a moment to blink. And when you’re that busy, waiting all day long for a tradesperson is the last thing you want to do. Being told to expect someone next Thursday between 9-5 is not good enough. You want a plumber that fits within your schedule. Search for plumbers offering same day serv

https://www.youtube.com/watch?v=Z1k9zSVrMMg&ab_channel=OnProperty People often say you should look at population growth to try and predict capital growth. The idea is that if an area has population growth it is a desirable area and that will lead to capital growth. However, there is a fundamental flaw in this assumption and today I sit down with Jeremy Sheppard from Select Residential Property to discuss why population growth DOES NOT predict capital growth. Select Residential Property Article: Avoid High Population Growth Suburbs 0:00 - Introduction0:45 - Macro vs micro level2:50 - Population growth is a lagging indicator of supply3:40 - Really you want a suburb where there is little to no population growth but the suburb is still desirable4:52 - Taking the macro and applying it to the suburb level6:17 - What to look at instead of population growth6:43 - Population decline is a negative indicator8:25 - Other issues with looking at population growth9:23 - When population growth is a negative indicator Transcription Ryan 0:00People often say that you should look at population growth to try and predict capital growth and that if an area has high population growth, then that means that it's going to grow in the future in terms of the price of properties and capital growth. Today, I have with me, Jeremy Shepherd from selected residential property to actually talk about this, and to analyze and say, okay, is this actually true? Or is this something that just kind of sounds good, but doesn't have any data to back it? So I'm really excited to jump into the data trying to understand, okay, what does predicts capital growth? And it goes through population growth in particular. So, hey, Jeremy, thanks for coming on today. Jeremy 0:38Thanks for having me, Ron. Yeah, so Ryan 0:40talking about this, I think we discussed this years ago when we record it maybe four or five years ago. And I really liked your approach to this because most people say, Okay, if an area is growing in population, that means there's more demand for properties in the area. And as we know, demand versus supply, there's more demand prices are likely to go up. So people say population growth means there's more demand, which means prices are likely to go up. Jeremy 1:07Yeah, and I think at that level, that makes perfect sense. And, and when I look at it from a macro perspective, like Australia and immigration over over the previous years, it does seem to work. The problem is that, from a practical perspective, investor has to find a suburb, they have to find an individual property, and saying that a particular city is going to have excellent population growth, which is going to pump up demand. That's where it sort of loses its practicality because you've got to find an individual suburb. So if you go down to the suburb level, and look at how the population has been changing the suburbs, and a lot of people do that, they'll get ABS data about population growth and suburb level. This is where it all falls apart at that micro level, like at a suburb or local government area, because the only major way in which you can get population to grow at a suburb level, is if there are more dwellings so that people don't just, you know, move into the streets and, you know, live in a cardboard box under the freeway bridge, they occupy an already vacant dwelling. So if a whole bunch of dwellings are built, then a whole bunch of people can occupy those dwellings, and then you get that population growth measured. But of course, you needed massive supply beforehand. And so quite often, population growth, especially population growth forecasts, is really a forecast of supply. You know, the local council and developers get together, I think I agree, we can open up what they call a growth cartel. But it's really what investors should call a supply curve, because it's just extra dwellings. So wherever you get extra dwellings, that's going to be a problem because of supply, you know, supply and demand story. Ryan 2:50And so I think this is really interesting, because we look at population growth, often the data as well as quite lagged behind, you might get census every five years or have a way to get more updated information on that. But if you look at that, that means Okay, in that time, a certain amount of properties have been built or opened up or converted to duplexes or apartments have been built. They have been vacant when they were built and then filled in. And those people now live there. So it doesn't really give you that indication of Okay, population has grown, where's it going to go in the future? It's kind of it's a lagging indicator, as you said, of supply and the people that have filled that supply, it's not actually an indicator of the future and future growth. Jeremy 3:35Yeah, exactly. I mean, most people, when they talk about this topic of population growth, they&

https://www.youtube.com/watch?v=udeTRKgq21c&ab_channel=OnProperty It's been a year since I've been able to come up to the Sunshine Coast and hang out with Ben and chat about life and business and property. In this video we discuss some of the key things we've been vibing on at the moment. 0:00 - Introduction1:21 - Being hard on yourself3:48 - Being present on the journey to financial freedom7:59 - Speeding up success with a plan11:45 - Gaining your best life now13:50 - What do you want?14:30 - One of the most important things Ben ever heard Recommended Videos: We're Vibing On Life Right Now (May 2018) Property and Life Update 2020: Ryan McLean and Ben Everingham (Mar 2020) Transcription Ryan 0:00It's been a solid year since I've been able to come up to the Sunshine Coast with all the border restrictions and everything to be able to come up here hang out as mates as business partners and help each other now business as I refresh it. So good talk about property, talk about live all of this stuff, I just realized how valuable this relationship is. And we had a huge walk on the beach last night, like everything we do. So romantic. Ben 0:25It was a real good luck, it was awesome. Ryan 0:27But we are vibing on life. And we've done a few of these in the past, which I'll try and find and link up down below. But it's just a more chat to kind of get to know us get to know where we're at mentally, because this is one of the most powerful relationships in my life. I know you've said the same to me. And just so much good stuff comes out of our conversations that we don't really have with other people. And I know a lot of people out there listening don't necessarily have people that are on the same wavelength to them. So we just kind of wanted to share some of the stuff that's been going on with us some of the cool things we've been learning about being present, being mindful, enjoying life now, as things are, you know, in a good spot for both of us, like, let's be real, we had a couple of years there where things were real rough on both of us financially in our lives, like, Ben 1:17yeah, and like what I'm so grateful for man is like, no matter where I was at, I've been able to like, figure it back out. Like, if I could figure it out from where I was with my anxiety like three, four years ago. Like I feel like humanity's got like an epic outlook. You know what I mean? Ryan 1:34That's an invite I can figure it out from where I was in all the debt. I was in everything that I was going through, like one thing you said to me last night when we were walking on the beach is Ben 1:46my sister's little, the tortoise. Hello, buddy, Ryan 1:49showing us his car, his toy car. But yeah, one of the things that you said to me is like, you know, if someone went through just one of the things you went through, or this or that, or that, or that, you know, they'd be struggling and like you're being hard on yourself out to go through all of these different things. And you're judging yourself saying, You're not where you want to be. I need to give Ben 2:09myself some grace. They're fully man. Like, I feel like one of the things that I've learned in the last few years is just my dad's been saying to, to me for 10 years, he's like, just be kind to yourself, man. Like, you know what I mean? And I'm like, I couldn't hear it. I'm like, No, I'm like, I'm going on this direction. I want to be here. I'm like, prepared to hustle through it and go through the pain. And I'm like, I would never speak to someone, most of the time who I speak to myself, like, why don't I just decide to be like, my best mate. And like, kind of myself and accept that, like, I've got a bit more of an active mind than most people in that sped up journey. But it's also like, you know, it's just, it's just the, you know, what I don't even know how to say what Ryan 2:50I was thinking, you and I have been so hard on ourselves, which is part of what makes us high achievers and being able to achieve what we wanted to achieve, like, through like some of the stuff, I look back now, on the last few years, and I went through a lot of stuff, I ended up in heaps of debt, way more than I should have, I should have known better, but I didn't, you know, Ben 3:09and I've got to have had to go through that I've Ryan 3:11got to have grace for that. But what I've been able to pull off in paying off, you know, 10s of 1000s worth of debt in a two year period, increasing my income becoming financially free through my business again, and just I gotta stop and pat myself on the back a bit fully. What we were able to do, and I think you and I have both gone through that things have been hard. So what did we do? Like we doubled down, we worked hard, we did what we knew we

https://www.youtube.com/watch?v=-EivK-R6yxg&ab_channel=OnProperty The market in Brisbane and right across Australia is heating up so much right now. Negotiating and buying property is a hot market requires very different strategies to a cold market. In this video we share some amazing tips for how to negotiate and secure your next property when the market is extremely hot and properties are selling extremely fast. Book a Free Strategy Session 0:00 - Introduction2:06 - What is a hot market?5:10 - Building relationships with agents10:40 - What to do once the market comes online12:40 - The agent is your friend in a hot market13:40 - Build trust and value with the agent16:28 - Review the contract and be prepared when making your offer17:50 - How to present offers and negotiate21:13 - Helping the agent move the deal forward24:30 - Creating time pressure26:28 - If the property goes to the open home33:20 - Avoiding the bidding war and not getting emotional34:40 - Looking at the upside potential by looking at history Recommended Videos: How To Get Access To Off Market Properties How To Inspect A Property Before The Open Home Newbies Guide To Property Negotiation Transcription Ryan M 0:00The market in Brisbane and right across Australia is heating up right now and buying in a hot market is so different to buying in a cold market. I just sat down with Ben Everingham, buyer's agent from Pumped on Property. And we talked through some key things about how to buy and secure property in a hot market. We're going to be sharing this video, it's so good. We're sharing across both our channels. So I'll link up to Ben's channel down below where he does, he's of great content. And so go and check him out. Otherwise, let's get straight into the video. The market up here in Brisbane and on the Sunshine Coast is heating up so much at the moment. It's not just heating up man, it is so hot right now. And the way you approach purchasing property in a hot market versus a more cold chilled up market, which we've seen over the last few years in Brisbane, as well as during that peak Corona lockdown period is very different the way you need to negotiate the way you need to talk to agents, the way you need to try and lock down these contracts and get these properties is very different. And if you don't do it properly, then you're going to miss out and we don't want you guys to miss out, we want you to get the best investment properties at the right price. So today, we're going to be talking about how to negotiate and purchase investment properties in a hot market. I'm Ryan from OnProperty helping you achieve financial freedom. I got with me Ben Everingham, buyer's agent from Pumped on Property. And he has been doing this all man you know, all the last couple of months is just hot market negotiation. So really excited for this one today. You know, I'm loving it. It's what February at the time of recording this this year to date. I think we bought 20 I bought 22 properties for our clients personally and it is really hot out there right now. And like I just said to you off camera that even with everything that I know, which is I've been doing this as a business for five and a half years but I've been selling in negotiating for a lot longer than that I've read the books, I've listened to the audio and I'm only getting four out of every six properties still, you know it is hard. It's taking everything to like get the right outcome at the moment. Yeah. overpaying. So let's before we get into it, let's talk a little bit about Okay, what is a hot market? Why is Brisbane and the Sunshine Coast? so hot right now? so hot right now. So hot right now that fridge is so hot right now. So long right now? Yeah, I'm actually growing the hair out besides like this awkward length. But so a hot market to me is simple. From a data perspective. It is either an auction clearance rate of over 75% in Sydney, or Melbourne or one of those big regional markets where options actually work. in Brisbane, Adelaide and Perth auction clearance rates are still like 35%. So reading that indicator, it looks like low and not hot, but it's not that. The other one that I look at is DSR score. Yeah, when the DSR score gets above 70, it is hot as hell and hard. So we're seeing so hot, we're seeing like those markets at the moment. Every server we're buying is above 70%. Now some of them are getting over 80% auction clearance rates are going nuts in Sydney and Melbourne and sentiment and positivity drives higher prices. And you know, we're looking at a market according to Macquarie Bank and Westpac West sentiments at its highest point in the last seven to 10 years right now. And so that's having a knock on effect of RTB, right if we overpay cause I expect gains in the short term to make that back. Exactly. And some o

https://www.youtube.com/watch?v=DXoCSzNB_0Y The market is forever changing and things are heating up right now in many markets across Australia. In this episode we want to look at whether or not 2021 is a good time to buy and compare it to 2020 as well as previous years. Book a Free Property Strategy Session - https://onproperty.com.au/strategy Advanced Suburb Research - https://onproperty.com.au/suburb/ 0:00 - Introduction0:50 - Sentiment is super bullish2:04 - Things don't always play out how you think they logically should5:05 - Where are we in 20219:05 - Pressure on housing stock and vacancy rates10:20 - Australia is not one market13:10 - Things to look at moving forward from here14:30 - Erring on the side of caution in this market17:12 - Know your strategy before investing Recommended Videos: Is This a Sign Property Is About To Boom? (New Mortgage and Price Growth Correlation) 2 Properties to Financial Freedom Transcription Ryan 0:00The market is forever changing. And we always like to do updates about whether or not now is a good time to buy and looking towards the beginning of 2021. Looking into 2021, we've come through an interesting year in 2020, we wanted to ask is 2021 a good time to buy and what sort of things are happening in the market at the moment, and then maybe some comparisons last year, or even comparison to a couple of years ago, and see where we're at, hey, I'm Ryan from OnProperty, helping you achieve financial freedom. I'm joined by Ben Everingham from Pumped on Property to yet give you guys an update. And to talk about this just to see where the sentiments are, how things are progressing and how they might go throughout the year. Ben 0:44You know, I geek out on anything that's like analytical data oriented, it's all about me and what I'm noticing and feeling I'm liking and I've never I've never seen it this bullish at the moment like I've never seen it this positive across the board. Ryan 0:58Yeah. And I think that's something that is just so drastically different from what we've been dealing with for the last almost three years now. You know, Sydney went through its decline, Sydney and Melbourne in 2017 2018. And so, that kind of affected things and then obviously Coronavirus last year, it's just been there's been great opportunities out there. And some markets have been moving but sentiment as a whole hasn't been super bullish and super positive. And now it's just dude, every man and his dog is talking about a property some people I talked to at school, they don't even know I'm a property vlogger YouTuber, they come up they're talking to me about the Brisbane and I'm in Sydney like event talking about Brisbane or the Sunshine Coast or Ben 1:40it's pretty wild like Westpac does an epic little report called the Australian sentiment report and it is now in as of January or February this year, the highest it's been in the last seven years and December was the highest sentiments been in 10 years since the GFC. Now that is a huge precursor for like what's coming in a positive way Ryan 2:02and I think something I've had to let go of so over the last few years and dealing with renew the recession was coming or something was gonna happen and then trying to work out logically Okay, how are things going to play out and then being at this point now looking back and realizing that things don't always play out how you think they logically should? There's so many factors at play like last year Coronavirus, borders closed down international borders closed down job Kiva people losing their jobs it's like okay, the market should tank from a logical perspective people are earning less money you know what people are losing their jobs This is crazy. The market should tank but no the market dinner and and what people ended up earning more money saving more money because of job keeper and all of that sort of stuff. And then the market has actually grown as a result. So sometimes we think okay, we've been through 2020 and Coronavirus that should hit the market hard. Not necessarily and I think you know, Ben 3:01the very first thing I did last March man when shit started to get really bad was look at history, which is what I always do. And so Fred Harrison went and looked at the mid cycle slowdown, which is the event that we've just gone through that we've been talking about on camera for what like three, four years. Yeah, yeah. And when I went back and looked at the three mid cycle slowdowns before the Coronavirus one, what I found is that the average house price during these events, which are once every 18 to 20 year events, is a decline of only 10% globally in houses and an average of about 35 to 40% in stocks. And so I went like that knowledge is really powerful. Now each mid cycle slowdown comes from a trigger event. The sun was Coronavirus, l

https://www.youtube.com/watch?v=Au42IAeoCuM If you're looking at developing medium density property this one is for you. Recently there has been new rules introduced that make getting approval for medium density dwellings easier. Instead of 6-12 months for approval this new process could get you approval in as little as 2 weeks. This is exciting stuff for developers and today I have Luke Durack from http://www.durackarchitects.com/ to discuss this new approval process and how you can take advantage of it. 0:00 - Introduction0:43 - What is this new process?2:23 - Difference between this and DA approval4:00 - What developments does this code apply to?6:08 - Does this apply to granny flats?6:40 - Will this code become more commonly used8:37 - The pros and cons of taking this avenue11:15 - How can people find out more about this?12:45 - How to get in contact with Luke13:15 - Will all architects know about this? Recommended Videos: The Complete Guide To The Development Approval Process: Part 1/2 - https://www.youtube.com/watch?v=AZaxtl-1daQ A Better Way To Get Development Approval - Compliant Development Code - https://www.youtube.com/watch?v=BUtkZFlh01s Transcription Ryan 0:00If you're looking at developing property, then the development approval process can be an extremely difficult and arduous process that can take an extremely long period of time with setbacks and knock backs and going back to Council and this whole process, but there's actually been introduced a new are easier and faster way in order to get development approval done for medium density. So today I have with me, Luke, jack, from jack architects. Hi, Luke, how's it going? Good, I run good. And today, we're going to talk about this new process and how you could potentially use it if you're doing some property development yourself. So Luke, do you want to kind of give us the rundown? What is this new process? What's it called? Why is it better faster than, you know, going through a DA and going through counsel? Luke 0:52Okay, I'll I'll try and keep it simple because it's, it is simple in nature, but it's quite, it can get quite complicated quite quickly. Basically, as we, when we last spoke, we spoke about compliant development as it relates to houses. So an approval pathway that bypasses council essentially, this new part of the code, which is still compliant development, relates to medium density housing, and it's called the low rise housing diversity code. And it's specific to development types, such as dual occupancies terraces, and what they call Manor houses. And essentially, like, like it is for houses. It's a fast track way of getting through accounts. And so you don't, you're not getting held up by councils having their own particular biases or objections. You go straight through a certifier, you still needed, you'd still need an architect to draw up all your drawings and get all their reports done. But you'd have to worry about neighbor objections, because they can't have any size. Basically, as long as you tick all the boxes, you can have, in theory, your development approved in a couple of weeks, as opposed to if you go through Council, six months a year, go the landmark or whatever. So it's, it's a, it's a great, it's a great if you can if you can get your development to work within this pathway. It's a bit of a no brainer, in many ways. Ryan 2:22Yeah. So we actually talked about the development approval process and how all of that works a couple of years ago. So I'll link up to that down below. But basically, going through that DEA process, Yeah, you do. There's obviously guidelines you have to stick within, then there's a period where neighbors can put up rejection objections, and you know, if it doesn't get approved, you might have to make changes, etc. Then the difference with this, from my understanding is that it's more black and white. Whereas with DEA approval, sometimes you'll step outside of what you're meant to and the council needs to approve it or not. With this, you need to take every single box, otherwise, you kind of put into the regular development approval process. Is that right? Luke 3:05Yeah, yeah, straight back into di land. So if you're if the setback requirements for this new code, three meters from the boundary, and you're, you're just 200 mil less than that, you potentially are straight back into the AI lab. Ryan 3:21Yeah. So you have to take every single box that's required in order to go through this type of process, which is why it's quicker because they know that, okay, you're doing everything correctly, like the way we want it done. Luke 3:34Yes. And it's one of the objections from people who, because there's been a lot of objection to it, because it's people as objecting to it on the basis that it's,

https://www.youtube.com/watch?v=ZcwUCx4pjBo One of the most important people to have on your team as a property investor is a mortgage broker. But how can you actually find a good mortgage broker? Contact Michael at Mortgage Broker Sydney 0:54 - Start with a recommendations1:15 - Look at customer reviews, level of experience and time in industry1:50 - Access to as many lenders as you can5:15 - You need to be able to get on with your broker7:45 - How does someone engage a mortgage broker10:20 - Getting a feel for your broker11:00 - Finding someone who has longevity in the industry12:55 - Summary of how to find a good mortgage broker15:04 - A good broker will give you a path Recommended Videos: Summary of Australian Lending Changes: 2021 Update Do These 6 Things Before Applying For a Mortgage Transcription Ryan 0:00One of the most important people to have on your team as a property investor is a good mortgage broker, someone who can access multiple different lenders show you how much money you can borrow, advise you on how to get better rates, or how to increase your borrowing capacity. But how do you actually find that good mortgage broker and that good person for your team? So today I have with me Michael Brown, from mortgage broker, Sydney Comdata. You to talk through this about how can you find a good mortgage broker? How can you approach a mortgage broker and how the whole process works? So hey, Michael, thanks for coming on today. Michael 0:34Good Ryan. Good to be here. Ryan 0:36So finding a mortgage broker, if someone's you know, not in the industry, they don't have a recommendation from someone they just kind of googling mortgage broker? How can they go about kind of starting to identify who might be a good fit for them? And who might not be? Alright, Michael 0:53well, the first thing, of course, is if you've got friends or family colleagues who have at least had someone and dealt with a mortgage broker and have had a positive experience, we all know, that's probably going to be the best way. But if you're starting green, if I could put it that way, and you're just going to put it out there, then I guess you're looking for things like customer reviews, you're looking for the level of their experience, perhaps their time within the industry. Now, none of those things on its own is a guarantee, but at least it'll start pointing you in the in the right direction. Because I'm a mortgage broker needs to have I Well, I think, and I'm probably attached by us having even been in the industry for a while, but you should have some pretty good industry experience, you want to have as many of the lenders, that the sorry, you want to have access to as many lenders as you can. And you want to have Ryan 1:57does that vary significantly from mortgage broker mortgage broker, which lenders they have access to, or the most mortgage brokers have access to everyone? Michael 2:05No, most mortgage brokers don't have access to everybody. Because different people are employed under different I suppose in different within within different silos. So you could have, you know, completely independent mortgage brokers who will have access to the broad range of the industry, but some of the branded brokers would have less or fewer accreditation across all the major banks. So you might have someone who is within a franchise, for example, would have a significantly limited portfolio, Ryan 2:47which is interesting, because you would kind of think, as a lay person who's not in the industry, you would kind of think the opposite, that if someone's franchise, and it's a big company, then they're actually going to have access to more lenders than an individual. But I don't know if it has something to do with, you know, buying power and these groups negotiating with particular lenders and featuring them? Michael 3:08Well, some of those things are true. Look, I'm not necessarily saying that just because you're a franchise, you don't have access to a decent range of lenders. But as you say, some of those franchise, franchise instance, or businesses have limited their lending panels to take advantage of the sort of things you were just talking about. You know, buying power with a particular lender means that, you know, they might have only four or five different options, rather than 25 different options. Now, just because I've got 25 different options doesn't mean that I'm going to use all 25 of those lenders. But what it does mean, when your particular circumstance, you know, comes to my attention, and we find that you have a particular issue within your application, that we've got four or five times the options that you know, then then some of the others. Yeah, well, that's all I think you would probably come up more with those nice circumstances, if someone's having trouble getting money, being able to access more

https://www.youtube.com/watch?v=tByp8zBwmGE When you have an investment property it's really important to have a good team behind you. One of the most important people in that team is your rental manager. But how do you find a good rental manager and how do you even know what to look for? Today we talk to rental manager Lauren Robinson about how to pick the right rental manager for you. Rental Results Brisbane Property Managers 0:00 - Introduction1:35 - The difference between a good and bad rental manager4:39 - #1: How Do You Market Your Properties?7:22 - #2: How Do You Vet Tenants7:40 - #3: How Do You Manage Tenants and Do You Have an Online Portal8:10 - #4: How To Tenants Report Maintenance8:16 - #5: Who Will My Rental Manager Be?9:42 - #6: How Frequently Will You Inspect My Property?9:49 - #7: What Training Do You Offer Your Team?10:00 - #8: How Do You Handle Rental Arrears?11:58 - #9: Do You Offer a Service Guarantee?12:08 - #10: What Backup Staff Do You Have If Someone Is On Holidays or Sick?12:25 - #11: How Frequently Will You Communicate With Me?13:14 - How To Compare Property Manager Fees15:30 - How To Change Rental Mangers Recommended Videos: How To Know If a Property Will Be Easily Rented How To Increase Your Rental Income Transcription Ryan 0:00When you've got an investment property, it's really important to have a good team behind you. And one of the most important people in that team is going to be your rental manager. This is the person that's going to make sure your property gets rented deal with any issues that come up, make sure you get paid on time, all of that good stuff. But how do you go about choosing a good property manager? And how can you identify a good one from a bad one? So today, I have with me, Lauren Robinson from rental results.com.au, who's a rental manager herself been in the industry for nearly 20 years. And she's going to talk us through some questions you can ask, and things you can do to understand, okay, is this going to be a good property manager or not? So hey, Lauren, thanks for coming on today. Lauren 0:42Yeah, thank you, Ryan. Thanks for having me. Ryan 0:45No worries. So this is obviously a really important topic for people who have just purchased a property or maybe they've got a rental manager that they're not completely happy with. And they're thinking about shifting, how does one find a good rental manager? How can you look at the different websites and say, okay, who do I pick? How do I even know? Lauren 1:04I know. And that's that is a hard question. I think really, you know, often people ask their friends or their family, or maybe a sales agent they've dealt with, or often people will just choose the agent that they've bought through purely because they don't know where else to look. And I think it's really important to do your research online, have a look at how they're marketing properties, and also interview a couple of different agents. So I have got a list of questions that I'd suggest you ask a prospective property manager. Yeah, just to narrow that down. Ryan 1:34Before we jump into those questions, just so people can understand the difference between a good agent or a good rental manager and a poor rental manager? Do you want to tell us the story, again, that we did in a previous video about that property you got that was vacant for a number of weeks before the people shifted over to you? Yeah, so Lauren 1:53we, so there was a property in a complex that we actually managed quite a few in that building the property have been on the market for six weeks with no interest, no applications, we took that property off that agent. And within two days we'd been we were able to rent that property for $20, more awake. And the reason being is purely because of how we changed all the marketing. So we made sure it was marketed properly online, we have an online booking system. So tenants can book in times, you know, obviously, we're eager to make sure we got tenants in as quick as possible at a high rent. And obviously, quality tenants as well, not just anyone. So that's really important too. But understanding your market and knowing what price the property should be at is super important. So not all property managers are the same, which I think is a misconception out there, that's really important that you need to interview and make sure you you know who you're dealing with, Ryan 2:47well, that's having a property sit vacant for six weeks is so much money down the drain, it would just be painful to watch that. And obviously, as the investor, you're still liable for the mortgage and all the expenses associated with the property while that lie is vacant. So having a good rental manager can help you to rent your property quicker, it can help you to rent your property for more money, I just found it amazing that you took a property that was vacant for

https://www.youtube.com/watch?v=4N8YjMF0SB4 If you're looking to invest in property, you're going to likely need to get a mortgage. And if you're going to need to get a mortgage, you're going to need to present your finances to the bank in a way that they're happy to lend you money. And today, I have with me Michael Brown from mortgagebrokersydney.com.au. And he was telling me that he spends so much of his time coaching people and things that they need to do to get their finances in order so that they can get a loan, I thought that would be a great thing to talk about to help everyone out there who's looking at getting a mortgage. Contact Michael - https://mortgagebrokersydney.com.au 0:00 - Introduction1:07 - Have your documentation3:10 - Explanations for expenses4:53 - Regular savings pattern + frugal living7:19 - Reducing your debt + making debt repayments8:35 - Reducing credit card limit12:23 - Get a copy of your credit report15:45 - What point should you engage a mortgage broker19:15 - Benefits of using a mortgage broker Recommended Videos: Summary of Australian Lending Changes: 2021 Update Transcription Ryan 0:00If you're looking to invest in property, you're going to likely need to get a mortgage. And if you're going to need to get a mortgage, you're going to need to present your finances to the bank in a way that they're happy to lend you money. And today, I have with me Michael Brown from mortgage broker sydney.com.au. And he was telling me that he spends so much of his time coaching people and things that they need to do to get their finances in order so that they can get a loan, I thought that would be a great thing to talk about to help everyone out there who's looking at getting a mortgage. So hey, Michael, thanks for coming on today. You know, Ron, Michael 0:30good to be here. Ryan 0:32Okay, so let's just say someone's looking at investing in property, maybe they've got their deposit at the moment. Generally, I think most people would just be like, Okay, I'm just going to go to the bank and apply for a mortgage straight off the bat or speak to a mortgage broker. But there's a lot of things that they can do to help set them up for success before even getting to that point, or if they're in the process of saving their deposit isn't Michael 0:53that they absolutely is. And and, and that will just make it much, much easier. Firstly, for them, and then for the the broker and the bank to approve their loan. Ryan 1:06Okay, so what are some of these things that people need to be aware of or need to start doing before they apply for a loan? Michael 1:13Well, there's obviously some basics, you can have all of your documentation, you would be surprised how difficult it is for sometimes for me, literally just to get you to send me the information that I need. Now, I know that sounds like basic housekeeping, but your life is going to be easier if you've got some basic things ready. Ryan 1:33What documentation are we talking about here? Ah, I Michael 1:36think I'll go through a really brief list. But if nothing else, you could have your payslips ready. Sounds basic, but you'd be surprised how many people can't find them. If you're self employed, really big one have done your tax return, that lots and lots of people who are self employed a front front up with their their tax return from last year or two years ago. And, and sometimes that's enough, but at the moment, you'll find that, particularly after we've, so we've worked our way through the pandemic, self employed, people really need to have their June 2020 tax returns done. The banks are really big on having as much current information as they can. And for a self employed person, a June 19 tax return isn't gonna cut it. Ryan 2:25Yeah, especially with all the changes that have happened in 2020. With COVID. Like, just because you have this much in 2019, that does not have any correlation to what you may have earned in 2020. Michael 2:36That is absolutely the case. So that that there just a couple of simple the simple documentation, the rest of them in terms of documentary requirements, and things like knowing where you can get all of your statements, and making sure that you've got copies of, you know, contracts, the rental assessment for the place that you're going to buy all of those things. I know they they're basic, but they're all things that we need. But the things that you can really do is just make sure that you're you are actually you have everything in order things like your expenditure. Have you have you been? Do you have anything unusual? That's gone in the last three months? If you do at the moment, you're probably still going to have to have a basic explanation for it. So Ryan 3:23So how far did the banks go back when looking at your expenditure? Michael 3:28Th

https://www.youtube.com/watch?v=iNAG0fxF6Kk Matt Chamerlain was able to purchase his first property at the age of 24 while on a low income. In this episode we talk about early financial lessons he learned, how get got into property, the details of his investments and his plans for the future. This is an inspiring interview with an up and coming property investor and I'm grateful that he was able to share his story with us. 0:00 - Introduction0:40 - Matt's first financial lessons7:09 - What go Matt into property9:59 - How to invest on a low income17:13 - Avoiding bad debt19:00 - Why did you use a buyer's agent?24:38 - The experience using a buyer's agent27:57 - Matt's property details30:59 - How has owning the property been32:35 - What's Matt's long term goals38:35 - Last big takeaway Recommended Videos: Interview With Ben Everingham From Pumped On Property (Ep198) 2 Properties Before She Turned 30 - Interview With Lisa Tran Transcription Ryan 0:00Today, I'm really excited because I have a very inspiring investor on the channel. Today, I'm interviewing Matt Chamberlain, who was able to purchase his first property at the age of 24. All while doing it on a low income. I love these stories where we can talk through people's journey, how they got into property, how they're able to secure their property, and where they're looking to go in the future. So hey, Matt, thanks for coming on today. Matt 0:23no problems at all. Ryan? Glad to be here. Ryan 0:25Yeah. So you hit me up over email and said, I've been listening to you for years, you've used Ben and Simon as buyer's agents to help purchase your property. Do you want to chat? It took me way too long to get around to doing this. But I'm really excited to talk to you today about your journey. So do you want to take us back, I guess, to the beginning, where did interest in property or personal finance and things like that start for you, it was, Matt 0:49it was at a very young age, my, my mum probably was the best role model for this when I was maybe 567 years old. Back then we she opened a like a Super Saver account at the local bank with, you know, for my brother and I, and maybe not, you know, on day one, but over time, she really educated us on you know, the perks of that particular savings account, and what you have to do each week to achieve, you know, your high interest rates, and that kind of stuff, which, you know, as it happened, it was depositing a certain amount of money each and every month. So what she would do is, she would give my brother and I pocket money, she'd give us $10 each week, but what she would do is she'd hand it to us say it, you know, at the school gate, and then we'd all go down to the bank. And then we deposit it without deposit book straight to the bank teller, put it into our bank account. And, you know, we got the receipt back. And we could see over time, our all of our different lines on the on the checkbook, where, you know, our money was slowly increasing over time. And I guess that was probably the very first introduction for me with, you know, learning about money and how money works. But then, you know, fast forward five, five years or so when I got my first job when I was 13. Again, sorry, tax man, but I always got paid in cash back then. So the, the owner of that business would pay us in cash again, same thing, I think the best thing about, about having that experience when I was much younger is that I could see, you know, I guess cash, see notes and dollars and actually probably associated that mostly with walking straight to the bank, as opposed to walking into the canteen or something like that, Ryan 2:40you know, that was me when I was 13 or 14, I got a paper on. And so I would go around the streets blowing my whistle, people would come out and buy papers and tip you and that's kind of how I started. And yeah, same as you got paid in cash, looking back on it never even thought about tax or anything like that. But at that age, I think we'd be earning over the amount anyway to have to pay tax But Matt 3:02no, very true. Very true. So look at that was 13 was, you know, the first job and then that I slowly got pay rises in that and moved into to, I guess, well after school. So again, five years down the track 17 when I graduated, I'd been working part time for a fair while. And probably I think it might have been in year 12 I actually picked up a book called The barefoot investor. And that really taught me all about, I guess money management. So yes, I was putting all this money into a bank account, but I didn't really know why I was doing it, or what I was working towards. I just knew that I had, you know, a couple of $1,000 sitting in the bank. Ryan 3:42Yeah, so you have a good savings habit, but you had no purpose behind it or really goals or ambitions of what to do with that money. Matt 3:50Absolutely. And