this is property

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...

Emily and John answer some great questions from the m3 community! They chat about: 👉🏾how do I use equity from my property to buy another one? What’s the difference between using cash vs equity as a deposit? 👉how do I get a valuation done on my house? 👉🏿does getting multiple valuations impact my credit score or ability to get finance? 👉🏻is it better to have the majority of your debt against...

We're talking about loans and answering your FAQs! Mortgage broker, Rachelle Kroon from Sphere Finance, joins Emily and John for this chat. They touch on: 👉why would someone go to a mortgage broker instead of a bank for their finance? 👉🏾should I choose a fixed or variable loan rate and what are the pros and cons of each? 👉🏼what’s the difference between an offset account and redraw facility +...

John and Emily talk property with former AFL player for the Brisbane Lions and Brownlow Medallist, Jason Akermanis aka Aker! The chat touches on Jason's move into real estate and his insights on the current market, including: 👉what Jason’s been up to since retiring from his footy career and his journey into auctioneering and real estate 👉🏻the shifting mentality he’s noticed towards auctions in...

Strap in! John and Emily are going deep and narrow on what the Brisbane 2032 Olympics might mean for the housing market and what to consider when buying your first investment property or growing your portfolio. Check out The Glen James Spending Plan and use coupon code "m3p" to get it for under $50... save $20: https://education.mymillennial.money/courses/the-glen-james-spending-plan Send us your...

You guys have been sending us heaaaps of questions and we are loving them! John and Emily get stuck into a few, touching on: 👉what to consider for renting out or selling your first home when upsizing 👉🏻the upsides and downsides of rentvesting, and ‘freevesting’ 👉🏼exit strategies if paying interest only on an investment loan 👉🏾whether to go for an older more spacious townhouse or a newer com...

John and Emily unpack the concept of hot spots, touching on: 👉🏼some data comparison of a few towns across NSW 👉do they exist? 👉🏿what to include in your strategy to help identify the perfect hot spot for you 👉🏻where to find market insights 👉🏾is it necessary to view where you buy? Take a listen to the episode with Jeremy Sheppard which touched on hot spots: https://player.whooshkaa.com/epis...

Emily and John are answering your #property questions and case studies in the m3 Facebook group! This chat touches on: 👉how to work out when it's okay to extend your budget 👉🏽using the loo at open homes 😅 👉🏿moving interstate and wanting to buy a property 👉🏻relationships + property purchases 👉🏼should you get solar? Let us know if you want us to do a deep dive episode on this one 👉🏾shoul...

Those regional prices can sure look attractive compared to the city! Emily and John use Victoria as a case study and chat about what you might consider when choosing where to buy, touching on: 👉🏼median property prices and looking for ‘poor cousin’ opportunities when a city suburb is out of your price range 👉defining your strategy and goals 👉🏿factors for owner occupiers to consider 👉🏾factors...