First Time Property Investor

This week's episode introduces the “Go To Sleep Framework,” a five-step process to help first-time property investors decide if they’re ready to invest in a way that feels safe and sustainable as property gets more expensive.  Connect with us? ➜ https://linktr.ee/ftpi.pod 00:00 Introducing the Go To Sleep Framework 00:50 Step One: Vision 03:58 Step Two: Lifestyle Tradeoffs 07:15 Step Three Cash Fl...

Today we speed-run 20 of the most common questions first-time investors are asking ChatGPT, cutting through the fluff with real-life insights you can use today.  Connect with us ➜ https://linktr.ee/ftpi.pod 00:12 Buy Now or Wait 00:48 Negative Gearing Reality 01:16 Borrowing Power Basics 02:05 Using Home Equity 02:59 IO vs P and I Loans 04:40 True Holding Costs 06:33 Estimating Rent Properly 08:02...

The episode unpacks how interest rate hikes and proposed capital gains tax discount changes may affect first-time property investors, arguing many headlines create unnecessary fear. Skye warns landlords against matching rate rises with sharp rent increases because tenants now have more choice and even short vacancies hurt returns. Pete explains preparing investors with conservative cashflow planni...

The hosts discuss why first-time investors often miss good opportunities in a fast market by panicking over “red flags” that are frequently manageable. They explain how items flagged in building and pest reports can often be costed and negotiated while stressing the importance of using an independent, reputable inspector. They also cover financial conditions that may not be red flags: a slightly m...

Welcome to the First Time Property Investor Podcast! In this reboot episode, the hosts unveil their exciting new direction, transitioning from the 'Toxic Property' podcast to the 'First Time Property Investor' podcast, or FTPI for short. They discuss the motivation behind the rebrand, aiming to cater specifically to first-time and relatively new property investors. The hosts emphasise the importan...

With over 15 property purchases between them, our hosts share hard-earned lessons from their property investment journeys. From avoiding emotional investments and having a solid debt strategy, to diversifying your portfolio, they spill the beans on the costly mistakes they've made - saving you potentially hundreds of thousands of dollars. Featuring personal stories and practical advice, this episo...

Rental Yields Under Pressure: Strategies for Property Investors in a Changing MarketThe podcast episode discusses the unexpected decline in rental yields and provides actionable advice for property investors to protect their investments. Key topics include the definition and importance of rental yield and vacancy rates, the impact of current market changes on rents, and the importance of strategic...

Price guides for properties are often misleading and can create unrealistic expectations for buyers. In this episode, the hosts take listeners through a recent live auction involving a mutual client. They explain why most bidders were unable to place a bid and share strategies on how to secure a home in a hot market. The episode covers pre-auction preparation, including client expectations, proper...

This episode dives deep into the first two weeks of the First Home Guarantee Scheme changes - the imminent property price surge, increasing open house attendances, and fierce competition among first home buyers and investors alike. We discuss strategic tips for navigating the competitive market, from shortening finance clauses to staying realistic about rental yields. Hear firsthand accounts of cu...

Delving into part five of the selling season series, this episode explores crucial steps to get finance ready using the LOANS framework: Live Clean, Organize Evidence, Affordability Check, Nail the Structure, and Secure Pre-Approval. The discussion covers managing financial hygiene, gathering necessary documents, matching borrower profile to suitable lenders, choosing appropriate loan structures,...

Mastering Property Negotiation: 9 Essential Tips for Buyers In part four of our spring selling season series, we delve into the art of negotiation with nine key strategies for buying a property. Learn how to read an agent's energy, leverage conditions, use silence to your advantage, and understand the best timing for placing an offer. Discover the importance of odd numbers in bids, the power of a...

This week the trio breaks down private treaty sales: what they are, the key steps, and crucial strategies for success. Learn about negotiating behind closed doors compared to auctions, setting realistic budgets, and ensuring your offer stands out. Discover the importance of building relationships with agents, understanding contract conditions, and navigating valuation challenges. Gain insights int...

Mastering Auctions During Selling Season: Tips, Strategies & PitfallsJoin your hosts as they dive deep into auctions during spring selling season. Learn the difference between auctions and private treaty, get top strategies for successful bidding, and understand the critical importance of pre-approvals and valuations. With insider tips on reading auctioneers and handling high-pressure situatio...

Welcome to spring selling season! Join us as we unpack the factors behind the myth or fact that spring is the best time to sell properties. In this episode, the hosts dive into each of their top three tips for navigating the season successfully. Pete discusses the importance of setting realistic budget expectations, understanding that there is no perfect property, and the significance of conductin...

This episode takes a “boots on the ground” look at the rapidly changing property market in Australia, focusing on the perspectives of a buyer’s agent, a property manager, and a finance broker. The hosts discuss shifting buyer and investor behaviors, the impact of property condition on demand, the importance of pricing and vacancy rates, and the anticipated effects of upcoming government scheme cha...

 In this episode, we discuss whether recent government changes and interest rate cuts will save or screw first home buyers. We break down the first home guarantee scheme, recent price cap increases, the implications for the rental market, and the potential impact on both first home buyers and investors. With details on how to stack benefits and take advantage of new opportunities, we analyse the s...

In part two of the rentvesting series, the hosts discuss what a good rentvesting strategy looks like, whether it's a viable long-term approach, and if it’s right for you. They emphasise keeping overhead expenses low and creating cash differences to invest elsewhere for returns. The discussion covers essential elements like buying in the right areas, setting clear financial goals, and understanding...

Is it better to invest in entry-level property for high yield, or is it a trap waiting to snap? This week, Pete and Skye dive into the complexities of affordable investment properties, tenant management, and the ideal property types that can survive market fluctuations. Focused on Adelaide, this episode highlights top-performing areas like Gawler and Playford, discusses the surprising growth in pr...

In this episode, we dive into the hot topic of rentvesting, exploring whether it's a magic bullet for property investment or a financial misstep. We'll unpack the basics of rentvesting, challenge the notion that 'rent money is dead money,' and share enlightening client stories to illustrate key points. We'll discuss the potential benefits as well as the pitfalls, giving you green and red flags to...

In this episode, we dive deep into three controversial property opinions that have us risking cancellation. Pete kicks things off by challenging the validity of daily luxuries like avocado toast and their impact on saving for a home. Imtiyaz offers a radical take, declaring the traditional Australian dream of homeownership as outdated and burdensome for many. Lastly, Skye tackles the sensitive sub...

The Realities of Buying Tenanted Investment Properties Buying a tenanted property might seem like a perfect opportunity for immediate cash flow, but it comes with its own set of challenges. In this episode, we explore when purchasing a tenanted investment is a wise decision and when it's more trouble than it’s worth. Key points include understanding potential red flags like under-market rent, prob...

Top 5 Million Dollar Mistakes First Time Property Investors Make Big smiles and ready to roll, we dive into the top five million-dollar mistakes first-time property investors make. From chasing tax deductions instead of wealth creation, to buying properties in their own backyard, we break down the common pitfalls and misconceptions. Learn why treating your investment like a business and not a hobb...

Join us as we explore the top five mistakes first home buyers make on their property journey. From trusting real estate agents too easily, to the importance of using a mortgage broker, we dive deep into common pitfalls and provide invaluable tips on how to avoid them. We also discuss the hidden costs of home ownership, the risks of buying based on emotion, and the danger of overestimating what you...

Mortgage Insider: Ask Anything With Our Broker ImtiyazIn this episode, we turn the spotlight on our resident mortgage broker, Imtiyaz, for a candid Ask Me Anything session. Whether you're a seasoned investor or just thinking about buying your first home, Imtiyaz shares critical insights that can save you thousands. We dive into what a mortgage broker actually does, debunk common myths around broke...

Buyer’s Agents Demystified: Pete Answers Questions About His Role, Its Challenges, and How A Good BA is Priceless Join us in this revealing AMA session featuring your host Pete, a seasoned buyer’s agent, who sheds light on the often misunderstood role of buyer’s agents in real estate. From explaining their responsibilities and how they protect buyers, to the strategic nuances of sourcing and negot...