this is property

Some great questions and topics in today's q&a! John and Emily discuss: 👉🏾 considerations for buying property with a partner 👉🏿 is going with a variable rate on your home loan risky right now? 👉🏻 rapid increase of prices and growth in regional areas 👉 when can a frosted window be replaced by a clear one? 👉🏼 to sell or rent out hobby farm? 👉🏽 will the sea change continue post-covid?...

Thinking of getting into the property market? John and Emily chat with mortgage broker Randy Araya-Bishop from Sufficient Funds about: 👉 going direct to bank vs a mortgage broker 👉🏿 the different types of pre-approval assessments to suit your situation 👉🏻 does getting a 2nd pre-approval affect your credit score? 👉🏽 pre-approval turn around times 👉🏾 check ins you might expect from your bro...

In today's Q&A, Emily and John discuss: 👉🏾 how to use the equity in a $2M home if the goal is to build enough passive income to retire in 15 years 👉🏻 is it worth keeping an investment property if interest rates rise? 👉 3 good reasons to sell your investment 👉🏿 navigating complexities and costs of selling your property 👉🏽 due diligence when finding a buyers agent John and Emily touch o...

At 22, Matt Srama bought his first home and continued on to buy another 3 throughout his 20s. In this episode John and Emily perform a little autopsy on Matt's money, career and property journey and Matt shares his key learnings, particularly about money mindset and purchasing property. 🛑 Please read the disclaimer at mymillennial.money or at the link below before listening to this episode. Check...

What will happen with the market this year? John and Emily share their insights and thoughts on how the property market will play out in 2022, touching on: 👉🏾the federal election 👉🏻proposed changes to QLD’s land tax rules for interstate investors 👉 interest rate rises 👉🏿 what they're noticing on the ground 👉🏽buy now or wait? 👉🏼 a few of their predictions You can find data on vacancy rat...

Douglas shares his inspiring story of building a property portfolio which currently brings in $25k of passive income, amazing! He shares the stages of his investment journey which touches on: 👉🏾 doing this on a casual income! 👉 finding other options when he struggled to get a loan 👉🏿 undertaking a joint venture with family 👉🏻 how he travelled to 100 countries 👉🏾 buying interstate 👉🏽 his...

Interested in the property development space? This chat's for you! Peter Kelly from Little Fish Property Developments joins John and Emily to discuss: 👉things to consider before purchasing a development 👉🏾how much cash you need & the initial costs of getting started 👉🏻common first timer mistakes to avoid 🛑 Please read the disclaimer at mymillennial.money or at the link below before liste...

In today's episode John and Emily unpack a scenario of a buyer who is weighing up two options, to buy the cheaper townhouse in a better location or pay 150k more for the larger free standing house? They also touch on: 👉🏿some things to consider when buying a townhouse 👉🏻when do you need a buyer’s agent? 👉whether to buy a property before or after starting a business or changing career 🛑 Please...

Ella has a goal to buy her first investment property but isn't sure how to create a strategy or where to start researching. We recorded her clarity call with John for anyone who may be in a similar position or interested to know what a clarity call is like! Here's where you can book a clarity call with John about your situation: https://www.sortyourmoneyout.com/reach-out 🛑 Please read the disclai...

Happy new year! For the first episode of 2022, Emily and John are joined by Cathy Stacey to unpack the law of economic rent. You might remember Cathy from episode 344 timing the market which you can listen to here: https://player.whooshkaa.com/episode?id=928639 Here are the books mentioned in the chat. One Hundred Years of Land Values in Chicago: https://amzn.to/3CjnlD1 The Secret Life of Real Est...

Evelyn Clark from Everlend joins John and Emily on the show to discuss what's happening in the lending space. They touch on: 👉🏾pre approvals 👉🏻turn around time between different lenders 👉10% vs 20% deposit 👉🏿fixed loan offsets 👉🏼the importance of having additional savings beyond your deposit 👉🏾other costs when acquiring property 👉guarantor loans 👉🏻and strategic tips for investors 🛑...

Finding a good, trustworthy real estate agent to sell what is likely your biggest asset, can be a tricky and tiring process. John and Emily chat with David Ginnane about how you can find and compare top agents in your area using a service like Agent Select so that you can find one that's right for you. Check out The Glen James Spending Plan and use coupon code "m3p" to save $20: https://www.mymill...

Scott Young is the Managing Director of Altus Financial and joins John and Emily to answer your tax questions surrounding property, including: 👉🏾when's the best time to chat to an accountant on your property journey? 👉🏿how often should you liaise with your accountant? 👉🏻tips for minimising capital gains tax 👉renovations and claiming tax deductions 👉🏼is owning property in Aus when you're l...

As always, John and Emily love discussing your topics and questions on the show! Make sure to get in on the action in the my millennial money Facebook group if you're not already there. In this episode they chat about: 👉🏽I'm trying to understand the risks and benefits of buying an IP. I feel like I psych myself up to do it then delve too far into research and get scared and stop 👉capital gains...

Long term listeners, Daniel and Shae jumped on for a chat with John and Emily about their journey towards buying their first home, soon followed by two more investment properties. They also share their experience with using John’s property analyser calculator for their third purchase. Here's where you can find the property analyser calculator: https://www.solverewealth.com.au/the-property-analyser...

Is it possible to forecast the right time to buy or sell? Today's chat is a little deeper than usual - buckle in! John and Emily speak with Cathy Stacey from Property Share Market Economics to unpack this question, touching on: 👉🏾how Cathy's family members lost most of their capital in the global finance crisis which led her to dig into whether the GFC had been forecasted 👉🏿why isn't market ti...

Emily and John dig into some questions and topics from the m3 community, including: 👉🏽how do you think the latest APRA lending laws will affect housing prices in Melbourne? Buy now or wait? 👉🏿applying for a mortgage on a casual employment but on consistent income and hours 👉considerations when buying a house and land package or buying vacant land 👉🏻Airbnb vs long term property rental 👉🏾ti...

John and Em unpack some great questions sent in from the m3 community. They discuss: 👉🏾is Sydney property worth long term investment? 👉what renos done on an investment property can you claim on tax 👉🏻pros and cons of low deposit home loans 👉🏽can you use equity in an investment property to pay down your PPOR and does that equity become tax deductible? 👉🏿buying a second property as an inves...

Our special guest for this ep is none other than Emily's dad, Matthew Wallace! He joins John and Emily to unpack the fundamentals of buying commercial property and shares some great insights into the market. Matthew has a wealth of knowledge and experience in this space and they touch on a lot of info in this episode, including: 👉🏽the type of tenant, location, vacancy rates, lease terms and cost...

John and Emily are continuing on with answering more 'this vs that' scenarios from the m3 community. In this episode they discuss, would you rather... 👉🏾buy a house or use the money to get married? 👉a modest home and an investment property or your dream home though it has a larger debt? 👉🏻the best house on the worst street or the worst house on the best street? Classic! 👉🏽buy at the top of...

This or that, which would you pick? We asked the m3 community for some fun scenarios and got so many that we had to split this into two parts! Emily and John answer, would you rather: 👉🏽live in your dream home and work an extra 10 years to pay for it or buy cheaper and retire earlier? 👉a crap neighbour and pretty house or normal neighbour and a less pretty house? 👉🏿a house with a dishwasher o...

Matt Frawley is a pro NRL player for the Canberra Raiders and an avid listener of the show! He joins John and Emily on the podcast to share his money story, life as a professional footy player, buying property in Canberra and aspirations for getting into a career in property post-footy career. Keen to hear about fixed and variable loans? Check out episode 333: https://player.whooshkaa.com/episode?...

Here it is, the long requested episode on solar! There's been a ton of interest on this topic in our community so we are fortunate to have Richard from United Solar Energy joining John and Emily to answer all our burning questions. Here's what they chat about: 👉🏾why solar is becoming more and more of a hot topic in recent times 👉the benefits of solar installation in Australia for home owners an...

Emily and John answer questions posted by Claire, Chelsea and Courteney in the m3 Facebook group! Check out some of the episodes mentioned in the chat: Ep 251 alternative ways to find properties: https://player.whooshkaa.com/episode?id=772520 Ep 319 new regulation for short-term rental accomodation (STRA) in NSW: https://player.whooshkaa.com/episode?id=832032 Ep 330 on choosing home size: https://...

More questions, more answers! Emily and John discuss: 👉is land banking a worthy investment? 👉🏻how do I know when to cut my losses on a bad investment property purchase? 👉🏾what insurances should I look out for when buying into a body corp or strata arrangement? 👉🏽what does 'doing due diligence before you buy' actually mean? 👉🏿should I buy commercial property? 👉🏼how can I increase my serv...