Property Pals

By: Jaryd Krause & Sam Powell
  • Summary

  • The hardest part about property investing is building the right team.

    In this podcast we share how to build your property portfolio with tips on buying, selling, and scaling your property investment portfolio and selecting a world class team of property professionals to do so.

    If you can’t get finance it makes it near impossible to invest and scale your property portfolio. If you don’t know when to buy, where to buy and what asset to purchase for the stage you are in building your property portfolio, you could stunt your growth.

    If you don’t have the right accountant on your side helping you structure your investments, you could pigeon hole yourself with liabilities, strangle your growth potential and end up paying more tax than you’d like.

    About the Hosts:

    Sam Powell is a certified property investment advisor and registered property valuer with an illustrious career helping people save and make millions of dollars through property investing.

    Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey.

    The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios.

    Free Tools:
    https://www.propertypals.au/resources/
    https://www.propertypals.au/

    Disclaimer:
    Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.


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Episodes
  • [Part 1] Australia’s To Property Negotiator & How He’s Saved Millions For His Clients with Scott Aggett
    Sep 25 2024
    Scott Aggett, founder of Hello Haus, shares his journey from being a real estate agent to starting a negotiation-focused buyer's agent service. He noticed a gap in the market where buyer's agents were not prioritizing negotiation and were often overcharging clients. Scott wanted to transform the way Australians buy property by offering a performance-driven service that guarantees savings for clients. Hello Haus provides analysis and negotiation services, helping clients find their ideal home or investment property. They aim to make professional help affordable and have a goal of reaching 100 transactions per month. Hello Haus is a nationwide business that provides a hybrid service for buyers in the real estate market. They differentiate themselves from traditional buyer's agents by offering a more affordable and transparent approach. Their process involves using AI tools to create a pre and off-market strategy for clients, including both owner-occupiers and investors. They focus on understanding the buyer's non-negotiables and narrowing down the search to specific suburbs and property types. Hello Haus also emphasizes the importance of accurate data in negotiations, but they don't rely heavily on comparable sales during the negotiation process. They believe that the emotional element and human interaction play a significant role in real estate negotiations. The conversation explores the flaws and tricks in the real estate industry, particularly in the buying process. It discusses the misleading marketing tactics used by some buyer's agents and selling agents, such as claiming 100% auction success or bragging about overpaying at auctions. The conversation also delves into the strategies buyers can use to gain control in negotiations, including leveraging speed and introducing leverage. The future of the property buying process is discussed, with an emphasis on the need for transparency, accountability, and regulation in the industry. EPISODE HIGHLIGHTS Buyer's agents often prioritise buying properties quickly rather than negotiating the best price for their clients.Hello Haus aims to transform the way Australians buy property by offering a performance-driven service that guarantees savings for clients.Their services include analysis and negotiation, helping clients find their ideal home or investment property.Hello Haus is focused on making professional help affordable and has a goal of reaching 100 transactions per month. Hello Haus offers a hybrid service for buyers in the real estate market, providing a more affordable and transparent alternative to traditional buyer's agents.Their process involves using AI tools to create a pre and off-market strategy for clients, focusing on their non-negotiables and narrowing down the search to specific suburbs and property types ABOUT THE HOSTSSam Powell is a certified property investment advisor and registered property valuer with an illustrious career helping people save and make millions of dollars through property investing. Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey. The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios. ABOUT THE GUESTScott Aggett is the founder of Hello Haus and has over three decades in the property investment game and more than 3,500 property deals under his belt across three continents. He’s learnt that buyers deserve a better way to buy property. A way that helps them buy faster, for less and without the real estate games. Website - https://hellohaus.co/RESOURCE LINKS:➥ Property Pals Website - https://www.propertypals.au/➥ Property Pals Website - https://www.propertypals.au/coaching➥ How To Maximise Your Borrowing Capacity Mini Course - https://www.propertypals.au/resources Disclaimer: Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.See omnystudio.com/listener for privacy information.
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    47 mins
  • Should You Pay Off Your Property Debts, When & How?
    Sep 19 2024

    In this episode, Sam and Jaryd continue their discussion on property investment strategy. They explore what to do after purchasing a property and discuss different approaches to wealth accumulation and lifestyle choices.

    They emphasize the importance of considering individual circumstances and goals when deciding on a strategy. They also highlight the benefits of leveraging debt, using inflation to your advantage, and creating options for the future.

    The conversation explores the concept of using debt to grow wealth through property investment. It emphasizes the importance of leveraging time and the power of compounding growth. The speakers discuss the benefits of acquiring as much property as possible during the accumulation phase and using debt to do so.

    They highlight the value of having optionality and flexibility by keeping money in offset accounts rather than paying down loans. They also touch on the idea of enjoying the passive income from a property portfolio and the importance of balancing present enjoyment with future financial security.

    EPISODE HIGHLIGHTS

      • Consider your individual circumstances and goals when deciding on a property investment strategy.

      • Leverage debt and use inflation to your advantage for wealth accumulation.

      • Create options for the future by building a property portfolio and having multiple income streams.

      • Balance financial growth with personal enjoyment and experiences.

      • Regularly reassess your strategy and adjust as needed to align with changing circumstances. Using debt strategically can help grow wealth through property investment.

      • Acquiring as much property as possible during the accumulation phase can lead to significant growth in wealth.

      • Keeping money in offset accounts provides optionality and flexibility.

      • Enjoying the passive income from a property portfolio can be balanced with future financial security.

      • Balancing present enjoyment with future financial goals is important.

      CHAPTERS

      00:00 Introduction and Setting the Theme

      03:32 What's Next After Buying a Property?

      08:09 Balancing Financial Growth and Personal Enjoyment

      12:53 Different Approaches to Wealth Accumulation

      18:13 Investing for Options and Freedom

      20:05 Using Debt to Grow Wealth

      23:20 Optionality and Flexibility with Offset Accounts

      ABOUT THE HOSTS

      Sam Powell is a certified property investment advisor and registered property valuer with an illustrious career helping people save and make millions of dollars through property investing.

      Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey.

      The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios.


      RESOURCE LINKS:
      ➥ Property Pals Website - https://www.propertypals.au/
      ➥ Property Pals Website - https://www.propertypals.au/coaching
      ➥ How To Maximise Your Borrowing Capacity Mini Course - https://www.propertypals.au/resources


      Disclaimer:
      Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.

      See omnystudio.com/listener for privacy information.

      Show More Show Less
      44 mins
    • Spending $2K To Save $100k+ in Commercial Property Investing
      Sep 19 2024

      Jaryd Krause discusses his experience in the commercial property search phase. He shares two different deals he had in the past month and the lessons he learned from them. The first deal was a retail shop in Sunshine Coast, but due to fire attacks and other risks, he decided to pull out.

      The second deal was a warehouse in North Brisbane, but he lost out to a higher offer. Jaryd emphasizes the importance of not getting emotionally attached to a property and making conservative projections. He also discusses the pros and cons of each deal and the challenges of finding positive cash flow properties.

      EPISODE HIGHLIGHTS

        • Don't rush into a property and make sure to conduct thorough due diligence

        • Be cautious of risks and potential issues with the property, such as fire attacks

        • Avoid getting emotionally attached to a property and making predictions before acquiring it

        • Consider the cash flow position and the long-term potential of the property

        • Take into account the current economic climate and interest rates when making investment decisions

        CHAPTERS

        00:00 Introduction and Overview

        03:21 Lessons from the First Deal: Retail Shop in Sunshine Coast

        08:21 Pros and Cons of the First Deal

        11:04 Lessons from the Second Deal: Warehouse in North Brisbane

        18:05 Pros and Cons of the Second Deal

        25:09 Considering Cash Flow and Risk Tolerance

        29:01 Using Borrowing Capacity and Making Conservative Projections

        32:06 The Current Economic Climate and Interest Rates

        34:12 Conclusion

        ABOUT THE HOSTS

        Sam Powell is a certified property investment advisor and registered property valuer with an illustrious career helping people save and make millions of dollars through property investing.

        Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey.

        The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios.


        RESOURCE LINKS:
        ➥ Property Pals Website - https://www.propertypals.au/
        ➥ Property Pals Website - https://www.propertypals.au/coaching
        ➥ How To Maximise Your Borrowing Capacity Mini Course - https://www.propertypals.au/resources


        Disclaimer:
        Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.

        See omnystudio.com/listener for privacy information.

        Show More Show Less
        36 mins

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