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 disclaimer at mymillennial.money or at the link below before listening to this episode.Check out The Glen James Spending Plan and use coupon code "m3p" to save $20: https://www.mymillennial.money/spending-planJoin our Facebook community! Got a question for us? Use #property: facebook.com/groups/mymillennialmoneyTake a look at John’s Solvere Online Academy and Emily’s online course (The Buying Coach) at the link below.For podcast resources, links to our stuff, disclaimer & warnings about this episode + more check out: mymillennial.money/m3pshownotesWe acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Hosted on Acast. See acast.com/privacy for more information.

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=928639Here are the books mentioned in the chat.One Hundred Years of Land Values in Chicago: https://amzn.to/3CjnlD1The Secret Life of Real Estate and Banking: https://booktopia.kh4ffx.net/n1PvJVThe Power in the Land: booktopia.kh4ffx.net/yROeNbBoom Bust: booktopia.kh4ffx.net/7mDGgd🛑 Please read the disclaimer at mymillennial.money or at the link below before listening to this episode.Check out The Glen James Spending Plan and use coupon code "m3p" to save $20: https://www.mymillennial.money/spending-planJoin our Facebook community! Got a question for us? Use #property: facebook.com/groups/mymillennialmoneyTake a look at John’s Solvere Online Academy and Emily’s online course (The Buying Coach) at the link below.For podcast resources, links to our stuff, disclaimer & warnings about this episode + more check out: mymillennial.money/m3pshownotesWe acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Hosted on Acast. See acast.com/privacy for more information.

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🛑 Please read the disclaimer at mymillennial.money or at the link below before listening to this episode.Check out The Glen James Spending Plan and use coupon code "m3p" to save $20: https://www.mymillennial.money/spending-planJoin the m3 Facebook group community! Got a question for John and Emily? Use #property or #firsthomebuyer: facebook.com/groups/mymillennialmoneyTake a look at John’s Solvere Online Academy and Emily’s online course (The Buying Coach) at the link below.For podcast resources, links to our stuff, disclaimer about this episode + more check out: mymillennial.money/m3pshownotesWe acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Hosted on Acast. See acast.com/privacy for more information.

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.mymillennial.money/spending-planGot a question for John and Emily? Use #property or #firsthomebuyer in the m3 Facebook group: facebook.com/groups/mymillennialmoneyTake a look at John’s Solvere Online Academy and Emily’s online course (The Buying Coach) at the link below.For podcast resources, links to our stuff, disclaimers & warnings about this episode + more... check out: mymillennial.money/m3pshownotes🛑 This podcast is for education and entertainment purposes. It is not intended as a substitute for professional financial, tax or legal advice. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement and obtain appropriate financial advice tailored to your needs. We may discuss products, services and answer listener questions on this video for entertainment & illustration purposes only. We may change the name of the questioner for anonymity. It is impossible to give you personal advice on an entertainment podcast as we do not know the details of your personal financial situation. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies that may be communicated in this podcast. SYMO interactive Pty Ltd, the publisher of the podcast, is an authorised representative of MoneySherpa Pty Ltd which holds financial services licence 451289. Please read our Financial Services Guide located at mymillennial.money. This podcast is intended for residents of Australia.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Hosted on Acast. See acast.com/privacy for more information.

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 living overseas worth the tax complexities?👉🏽tax implications for negative and positive gearing👉🏿bucket companiesScott is one of Glen's trusted advisers. You can contact Scott and his team here: https://www.altusfinancial.com.au/millennial-moneyCheck out The Glen James Spending Plan and use coupon code "m3p" to save $20: https://www.mymillennial.money/spending-planGot a question for John and Emily? Use #property or #firsthomebuyer in the m3 Facebook group: facebook.com/groups/mymillennialmoneyTake a look at John’s Solvere Online Academy and Emily’s online course (The Buying Coach) at the link below.For podcast resources, links to our stuff, disclaimers & warnings about this episode + more... check out: mymillennial.money/m3pshownotes🛑 This podcast is for education and entertainment purposes. It is not intended as a substitute for professional financial, tax or legal advice. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement and obtain appropriate financial advice tailored to your needs. We may discuss products, services and answer listener questions on this video for entertainment & illustration purposes only. We may change the name of the questioner for anonymity. It is impossible to give you personal advice on an entertainment podcast as we do not know the details of your personal financial situation. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies that may be communicated in this podcast. SYMO interactive Pty Ltd, the publisher of the podcast, is an authorised representative of MoneySherpa Pty Ltd which holds financial services licence 451289. Please read our Financial Services Guide located at mymillennial.money. This podcast is intended for residents of Australia.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Hosted on Acast. See acast.com/privacy for more information.

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 tax when you have both lived in and used the same property as an investment👉🏾the difficulty of working out what is a good price to pay in a very heated market👉🏿just bought a home that currently has tenants renting. Should we keep using the existing property manager until their lease runs out or handle it ourselves?👉🏼Emily also gives a tip for investors who may have bought and inherited a tenant👉🏻feeling deflated about how long it will take to save enough to enter the market Here’s the episode with Shae and Daniel that Emily mentioned: https://player.whooshkaa.com/episode?id=928782Check out The Glen James Spending Plan and use coupon code "m3p" to save $20: https://www.mymillennial.money/spending-planSend us your questions! Use #property or #firsthomebuyer in the m3 Facebook group: facebook.com/groups/mymillennialmoneyTake a look at John’s Solvere Online Academy and Emily’s online course (The Buying Coach) at the link below.For podcast resources, links to our stuff, disclaimers & warnings about this episode + more... check out: mymillennial.money/m3pshownotes🛑 This podcast is for education and entertainment purposes. It is not intended as a substitute for professional financial, tax or legal advice. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement and obtain appropriate financial advice tailored to your needs. We may discuss products, services and answer listener questions on this video for entertainment & illustration purposes only. We may change the name of the questioner for anonymity. It is impossible to give you personal advice on an entertainment podcast as we do not know the details of your personal financial situation. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies that may be communicated in this podcast. SYMO interactive Pty Ltd, the publisher of the podcast, is an authorised representative of MoneySherpa Pty Ltd which holds financial services licence 451289. Please read our Financial Services Guide located at mymillennial.money. This podcast is intended for residents of Australia.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Hosted on Acast. See acast.com/privacy for more information.

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-calculator/Check out The Glen James Spending Plan and use coupon code "m3p" to save $20: https://www.mymillennial.money/spending-planSend us your questions! Use #property or #firsthomebuyer in the m3 Facebook group: facebook.com/groups/mymillennialmoneyTake a look at John’s Solvere Online Academy and Emily’s online course (The Buying Coach) at the link below.For podcast resources, links to our stuff, disclaimers & warnings about this episode + more... check out: mymillennial.money/m3pshownotes🛑 This podcast is for education and entertainment purposes. It is not intended as a substitute for professional financial, tax or legal advice. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement and obtain appropriate financial advice tailored to your needs. We may discuss products, services and answer listener questions on this video for entertainment & illustration purposes only. We may change the name of the questioner for anonymity. It is impossible to give you personal advice on an entertainment podcast as we do not know the details of your personal financial situation. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies that may be communicated in this podcast. SYMO interactive Pty Ltd, the publisher of the podcast, is an authorised representative of MoneySherpa Pty Ltd which holds financial services licence 451289. Please read our Financial Services Guide located at mymillennial.money. This podcast is intended for residents of Australia.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Hosted on Acast. See acast.com/privacy for more information.

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 timing more common knowledge?👉🏻how Australia follows the US economy and cycles👉what the 18.6 year property cycle is👉🏼where are we right now in the cycle?👉🏽does the share market follow a similar timing?👉🏿when is the best time to buy and sell in relation to the cycle?Here's the resource mentioned in the chat: https://propertysharemarketeconomics.com/18-point-6-property-share-market-economics/Below are the two books mentioned as well.One Hundred Years of Land Values in Chicago: https://amzn.to/3CjnlD1The Secret Life of Real Estate and Banking: https://booktopia.kh4ffx.net/n1PvJVCheck out The Glen James Spending Plan and use coupon code "m3p" to save $20: https://www.mymillennial.money/spending-planSend us your questions! Use #property or #firsthomebuyer in the m3 Facebook group: facebook.com/groups/mymillennialmoneyTake a look at John’s Solvere Online Academy and Emily’s online course (The Buying Coach) at the link below.For podcast resources, links to our stuff, disclaimers & warnings about this episode + more... check out: mymillennial.money/m3pshownotes🛑 This podcast is for education and entertainment purposes. It is not intended as a substitute for professional financial, tax or legal advice. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement and obtain appropriate financial advice tailored to your needs. We may discuss products, services and answer listener questions on this video for entertainment & illustration purposes only. We may change the name of the questioner for anonymity. It is impossible to give you personal advice on an entertainment podcast as we do not know the details of your personal financial situation. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies that may be communicated in this podcast. SYMO interactive Pty Ltd, the publisher of the podcast, is an authorised representative of MoneySherpa Pty Ltd which holds financial services licence 451289. Please read our Financial Services Guide located at mymillennial.money. This podcast is intended for residents of Australia.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Hosted on Acast. See acast.com/privacy for more information.

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 👉🏾tips for buying an investment property If you enjoyed this episode and haven't listened to our 'would you rather' episodes, take a listen below!Part 1: https://player.whooshkaa.com/episode?id=914667Part 2: https://player.whooshkaa.com/episode?id=916723Check out The Glen James Spending Plan and use coupon code "m3p" to save $20: https://www.mymillennial.money/spending-planSend us your questions! Use #property or #firsthomebuyer in the m3 Facebook group: facebook.com/groups/mymillennialmoneyTake a look at John’s Solvere Online Academy and Emily’s online course (The Buying Coach) at the link below.For podcast resources, links to our stuff, disclaimers & warnings about this episode + more... check out: mymillennial.money/m3pshownotes🛑 This podcast is for education and entertainment purposes. It is not intended as a substitute for professional financial, tax or legal advice. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement and obtain appropriate financial advice tailored to your needs. We may discuss products, services and answer listener questions on this video for entertainment & illustration purposes only. We may change the name of the questioner for anonymity. It is impossible to give you personal advice on an entertainment podcast as we do not know the details of your personal financial situation. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies that may be communicated in this podcast. SYMO interactive Pty Ltd, the publisher of the podcast, is an authorised representative of MoneySherpa Pty Ltd which holds financial services licence 451289. Please read our Financial Services Guide located at mymillennial.money. This podcast is intended for residents of Australia.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Hosted on Acast. See acast.com/privacy for more information.

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 investment with future plan to knock over and build dream home. Things to consider other than location?👉🏾are vendors finance and lease options still relevant in our day and age?👉🏻do I get into the market now with an apartment to then turn into an investment property and buy a house later, or save an extra year for a lifelong ownership of a town house👉owning a house with family - should I continue to build a portfolio with them while saving for my own home or start building my individual portfolio?Here’s the episode discussing the ins and outs of renovations: https://player.whooshkaa.com/episode?id=811388Send us your questions and guest suggestions! Use #property in the m3 Facebook group: facebook.com/groups/mymillennialmoneyCheck out The Glen James Spending Plan and use coupon code "m3p" to save $20: https://www.mymillennial.money/spending-planBook a clarity call with John or take a look at John’s Solvere Online Academy and Emily’s online course (The Buying Coach) at the link below.For podcast resources, links to our stuff, disclaimers & warnings about this episode + more... check out: mymillennial.money/m3pshownotes🛑 This podcast is for education and entertainment purposes. It is not intended as a substitute for professional financial, tax or legal advice. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement and obtain appropriate financial advice tailored to your needs. We may discuss products, services and answer listener questions on this video for entertainment & illustration purposes only. We may change the name of the questioner for anonymity. It is impossible to give you personal advice on an entertainment podcast as we do not know the details of your personal financial situation. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies that may be communicated in this podcast. SYMO interactive Pty Ltd, the publisher of the podcast, is an authorised representative of MoneySherpa Pty Ltd which holds financial services licence 451289. Please read our Financial Services Guide located at mymillennial.money. This podcast is intended for residents of Australia.We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast. Hosted on Acast. See acast.com/privacy for more information.