You Have My Interest - Getting Personal With Property Finance

In today’s episode of You Have My Interest, we’re diving into some fantastic questions from our Instagram followers on topics like borrowing capacity, adding additional borrowers to loans, and structuring property titles. We discuss how your salary impacts borrowing potential, how adding someone to a loan can help with serviceability, and what it means to transfer property titles. We also explore...

In today’s episode, Evelyn sits down with James Wrigley, a certified financial planner from Melbourne, renowned for his straightforward financial insights. With over 72,000 followers on Instagram and 92,000 on TikTok, James has become a trusted voice in personal finance, sharing practical advice on retirement planning, superannuation, capital gains tax, tax deductibility, and investments. In This...

In this episode of You Have My Interest, we dive into another Finance File, sharing the inspiring journey of a first-time homebuyer couple from Victoria. This de facto couple, with a young child, dreamed of owning their own home and began their property journey nearly a year ago by reaching out to us for financial guidance. We explore how they transitioned from renting in Castlemaine to owning a h...

In this episode, Evelyn sits down with Jess Brady, a financial planner and a recent finalist in five categories of the 2024 Women in Finance Awards, including Entrepreneur of the Year and Innovator of the Year. Jess shares her insights on money mindset and offers practical advice for those starting their wealth creation journey. She introduces her groundbreaking programs, The Greenhouse Money Grow...

In this episode, Evelyn Clark is guest on 'The Intrepid Investor' Podcast with host Vanessa Dallas. The key differences between residential and commercial property investments are explored.  We discuss Lenders Mortgage Insurance, higher deposit requirements for commercial properties, how to leverage residential assets for funding, and the process of assessing rental income through valuations and c...

In this week's Q&A episode, we dive deep into key topics for Australian expats, smart offset account strategies, and the current fixed-rate landscape. Evelyn answers a client’s question about how being an expat can impact borrowing capacity, explaining what types of foreign income lenders typically accept when living and working abroad as an Australian citizen. We also explore how to maximise...

In this episode, we talk about helping a married couple purchase their second investment property, despite one partner being on a bridging visa. The key challenge was avoiding the 8% "Foreign Purchaser Additional Duty," which we were able to do by selecting the right lender. This allowed us to keep only the Australian citizen on the title while still using both incomes for the loan. We also preser...

In this episode of You Have My Interest, we provide a comprehensive guide for first-time homebuyers, covering everything you need to know to enter the market with confidence. We discuss borrowing capacity, the importance of deposits, and how they impact your purchasing power. We also break down the various costs involved in completing a purchase and the grants, schemes, and concessions available t...

In this episode, Evelyn welcomes Daniel Walker, founder of Bon Voyage Credit Repair. They dive into common credit issues and how Daniel helps clients clean up their credit reports and improve their credit scores. Key highlights include: Credit Education: Daniel emphasises the importance of understanding credit reports and financial literacy, as schools often don't teach this crucial informatio...

In this solo episode, Evelyn tackles some burning questions from Instagram about mortgages and refinancing. First, she discusses the unique benefits nurses can receive when buying a property, including lenders mortgage insurance waivers and the ability to use more of their variable income for loan serviceability. She also dives into the details of refinancing when you have both an investment loan...

In this episode, we're thrilled to introduce a valuable new resource: A Glossary of Key Mortgage & Property Terms. Evelyn will walk you through 43 essential terms that often come up in discussions with customers and various borrowing and buying scenarios. Our goal is to provide a clear, quick reference to help you navigate the often confusing jargon associated with mortgages. By breaking d...

In this episode Evelyn welcomes Kev Tran, a buyer's advocate and founder of Kev Tran Buyers Advocacy. Kev shares his data-driven approach to property investment, focusing on properties priced between $450,000 and $1 million across Australia. He discusses how he uses a macro-to-micro strategy to identify investment opportunities, analysing national trends before honing in on specific local area...

In this episode, Evelyn takes us on a deep dive into a real-life case study showcasing the power of equity in property investment. She highlights how one client, with just a $55,000 initial deposit, managed to secure not one, but two properties by leveraging the capital growth from her first purchase. What’s particularly inspiring about this story is the client’s modest salary of $70,000, proving...

In this episode, Evelyn breaks down common mortgage myths that often mislead potential homeowners. With interest rates in flux and the RBA recently pausing the cash rate, it's crucial to understand these misconceptions. Evelyn debunks myths such as needing a 20% deposit, the idea that mortgage brokers select lenders based on commission, and the belief that you must be in your job for a specifi...

In this episode, Evelyn sits down with Emily Wallace, Director and Head Buyers Advocate at Wallace Advocates, to explore her deep expertise in Melbourne's property market, focusing on the Northern and Bayside corridors. Emily offers a comprehensive guide for first-time home buyers, sharing crucial tips on what to look for during property inspections, how to engage effectively with real estate...

In this episode, Evelyn discusses the various types of securities that banks typically will not accept for residential loans. She covers common issues like properties under 40 square metres, high-density or inner-city postcodes, properties over 40 hectares, vacant land without services, and unique cases such as stratum and company title units, NDIS accommodation, and islands without bridge access....

In this episode, we're back for part two with Pierce Hanlen, Partner and Wealth Adviser at Hewison Private Wealth. Pierce, a Certified Financial Planner and Accredited Self-Managed Super Fund Specialist Adviser, covers two key topics: calculating retirement fund requirements using the 5% rule and deciding whether to pay off debt before investing. He explains the 5% rule, which helps determine...

In this episode Evelyn is joined by Pierce Hanlen, a Partner and Wealth Adviser at Hewison Private Wealth. Pierce, a Certified Financial Planner and Accredited Self-Managed Super Fund Specialist Adviser, brings seven years of experience at Hewison, where he has advanced to an equity partner and a member of the internal Investment Committee. Awarded Young Adviser of the Year at the ifa Excellence A...

In this episode Evelyn breaks down the First Home Buyer Government Guarantee Scheme. Evelyn provides a detailed look at the eligibility criteria, using a real-life example of a client she assisted. The client, a 31-year-old energy analyst from Springvale, successfully purchased a unit in Burwood thanks to the scheme. Evelyn explains the client's financial situation, including savings, income a...

In this episode, Evelyn dives into the world of buying properties and borrowing through trusts. Discover how trusts can provide benefits like asset protection, tax planning, and succession planning. Plus, don’t miss the announcement of our upcoming webinars for first-time home buyers and seasoned investors. Get insider insights from a recent Westpac roundtable on interest rates, and learn the esse...

In this episode, Evelyn shares great news for Australian mortgage holders: the cash rate remains unchanged this month, providing a welcome relief amid talks of potential rate hikes later this year. She dives into a unique case study of a 29 year old client who is a rent-vesting enthusiast with five investment properties, working towards acquiring a sixth. This episode offers insights into his fina...

In this episode, Evelyn shares exciting updates for first-time home buyers in Queensland, including increased stamp duty thresholds, expanded home buyer guarantee schemes, and new grants and concessions. These changes offer significant savings and benefits for first-time buyers in the region. Additionally, Evelyn answers questions about debt recycling, explaining how this strategy can convert non-...

Evelyn sits down with Vanessa Bamford, a seasoned chartered accountant and financial coach, to explore the critical role of financial literacy in business growth and personal wellbeing. Vanessa shares her journey from a traditional accounting practice to a holistic approach that empowers purpose-driven businesses to thrive. Learn how understanding your numbers and addressing the psychological aspe...

We're bringing something a little different to you this week! Today, Evelyn is deep diving on how to become a mortgage broker. There are so many ways to structure yourself as a broker, and different pathways of entry. Evelyn breaks down some key information such as: - the qualifications and/or experience you need - how to choose a mentor - ongoing education and development - models as an emplo...

Today our host Evelyn takes you on a deep dive into her own personal property journey. In this episode Evelyn talks about how she purchased two properties by the age of 26.  Evelyn shares the nitty gritty costs involved, how much she needed to have in savings, how much she borrowed, and what her initial plans for the properties were. In particular, Evelyn gives an overview on her plans to develop...