The Investor Lab

The CGT discount conversation is back in the headlines. Investors are starting to ask whether the whole thesis still holds. Some are even getting cold feet. This week, we're sitting down to work through it honestly. We walk through the history of how CGT got to where it is, what's actually being proposed for the May budget, and what the numbers really show when you run them across every scenario.  We get into why the leverage available to a property investor changes the maths in ways most of the commentary completely misses, why the reform might actually push rents and prices up rather than down, and whether any of it even solves the affordability problem the government says it's trying to fix. Not a hot take. Just an honest look at what the maths says. If you're trying to think clearly about the CGT debate before the May budget, this is the conversation. * Read Goose's full report: tools.dashdot.com.au/cgtanalysis* Get The Signal (weekly macro intelligence for property investors): dashdot.com.au/thesignal See you on the inside. --IMPORTANT: The Investor Lab is for educational purposes only and does not constitute financial advice. Always do your own research and seek independent professional advice before making any investment or financial decisions. -- To check out the research and charts, watch this episode on Youtube: We Ran the Maths on CGT Changes... Here's What We Found --- RESOURCES TO HELP:  Join the conversation: The Investor Lab Community  Want a team in your corner as you build your property portfolio? Book a no-obligation discovery call with Dashdot: https://bit.ly/3E0wKGa Need finance guidance? Chat with the Dashdot Finance team:http://hey.dashdotfinance.com.au/discoverycall Got a question or some feedback? We're all ears!https://bit.ly/tilqs --  Connect:dashdot.com.au youtube.com/@theinvestorlab instagram.com/dashdotpropertyinstagram.com/goosemcgrathinstagram.com/gabi.billingSee omnystudio.com/listener for privacy information.

Resource Links: The Investor Lab Website (https://theinvestorlab.com.au) The Investor Lab on Facebook (https://www.facebook.com/groups/theinvestorlab/) Dashdot Buyers Agents Website (https://www.dashdot.com.au/) [FREE BOOK] Limitless: The Renegade’s Guide to Building Wealth Through Property (https://www.renegadespropertybook.com) Check out our episode with Ben Slater (https://theinvestorlab.com.au/podcast-ep04-the-universal-laws-that-govern-success-and-fulfilment-feat-ben-slater/) Get your FREE copy of The Seed of Life / 6 Pillars Exercise (https://theinvestorlab.com.au/podcast-ep21-the-6-pillars-reset-your-life-every-90-days)   Ideas without action are completely pointless. Entrepreneurs and business owners want to make sure they’re creating measurable pathways to reach their dreams. Today’s episode is all about The Seed of Life/Six Pillars Exercise, a way to analyse yourself in six significant areas of life to make sure you’re systematically moving towards your goals. Prepare to take a deep dive and find out if you’re still focused or if something’s gotten in your path. See you on the inside!   Episode Highlights: The 6 Pillars exercise in business [11:19] How the exercise works [15:07] Analysing your mindset and intellect [18:31] How is your social life? [22:58] Rating your career [35:17] Evaluating your family and relationships [40:07] Assessing your health [48:17] Checking your financial standing [53:37] What the total score means [58:44] The purpose of doing this exercise [1:01:10]     If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast with others you know will benefit from the show!See omnystudio.com/listener for privacy information.

Resource Links: The Investor Lab Website (https://theinvestorlab.com.au) The Investor Lab on Facebook (https://www.facebook.com/groups/theinvestorlab/) Dashdot Buyers Agents Website (https://www.dashdot.com.au/) [FREE BOOK] Limitless: The Renegade’s Guide to Building Wealth Through Property (https://www.renegadespropertybook.com) Ripehouse Advisory Website (http://www.ripehouseadvisory.com.au) With the world economy seemingly going under in the midst of the COVID-19 pandemic, lots of everyday investors are having a tougher time knowing which properties to invest in. Today, we’re joined by Jacob Field, Founder & CEO of Ripehouse Advisory. We cover topics such as changes in the Australian property market, the “swarm intelligence” psyche, and their findings from the COVID-19 vs. Australian Property report. There’s a lot to unpack in this episode but everything we speak about is truly valuable, especially in the world today. If you are an investor and need a push in the right direction, you’ve come to the right place. Episode Highlights: How Jacob got started with property investing [05:40] Is change a good thing when it comes to property investing? [11:33] Metrics in building a good property portfolio [14:54] How can I find out if a place is good for property investing? [21:25] Researching the effects of Coronavirus in the Australian property market [26:26] Cause or Effect: Does “swarm intelligence” dictate which areas are better? [37:04] Findings within the “COVID-19 vs. Australian Property” report [42:35] Looking into areas that are stable for investing in [50:03] Population growth will (probably) soon be out of the equation for investing [51:53] Well-insulated markets are having 5-7% softening in prices [01:01:35] The future of Australian property markets & advice for everyday investors [01:05:40]   About Our Guest: Jacob Field is the Founder and CEO of Ripehouse Advisory. He’s been successfully investing in property since he was a teenager and now owns properties across Australia. In 2011, his passion for property led him to develop the Ripehouse Platform for analysing suburbs and locating spots within them so that interstate investors could acquire a local's understanding. Initially a tool that Jacob used in his own research, it was later refined and redesigned for use by other investors and has evolved to be the incredible tool it is today. If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast with others you know will benefit from the show! See omnystudio.com/listener for privacy information.

Resource Links: The Investor Lab Website (https://theinvestorlab.com.au) The Investor Lab on Facebook (https://www.facebook.com/groups/theinvestorlab/) Dashdot Buyers Agents Website (https://www.dashdot.com.au/) [FREE BOOK] Limitless: The Renegade’s Guide to Building Wealth Through Property (https://www.renegadespropertybook.com) Fun fact: 97% of businesses fail. Of course, that doesn’t mean yours should be part of this metric. Successful investors & entrepreneurs have quite a number of things in common, whether it be their passion for business, their willingness to take calculated risks, being confident in their capabilities or having good management skills. We cover all that (and more) in this episode so stick around! The 8 Traits of Successful Investors and Entrepreneurs: Having shared passion [04:49] The will to take calculated risks where most do not. [10:16] Flexibility: Nothing is linear! [19:13] Resilience - the capacity to bounce back from difficulty [24:23] Having self-confidence & believing in your capacity for success [29:51] Good management skills & being a team player [33:50] Have financial management skills - and no, you don’t have to have a degree. [40:20] GRIT. [42:55]   If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast with others you know will benefit from the show! See omnystudio.com/listener for privacy information.

Resource Links: The Investor Lab Website (https://theinvestorlab.com.au) The Investor Lab Facebook (https://www.facebook.com/groups/theinvestorlab/) Dashdot Buyers Agents Website (https://www.dashdot.com.au/) [FREE BOOK] Limitless: The Renegade’s Guide to Building Wealth Through Property (https://www.renegadespropertybook.com)   The industry is going through a market shift, and it’s understandable that you may have plenty of questions or concerns. In this episode, we cover questions like, what happens when property prices go down, what if I can’t find tenants (or if I have them but they can’t pay), what happens if I lose my job, and many more. We also touch on how to elevate your thinking, help you move fluently in the industry and succeed long-term. Whether you’re thinking about investing, have already started, or well further along, this episode will be incredibly valuable for you! Sound bites & sound advice: Don’t panic when you first purchase a property! [05:30] What do you do if property prices go down? [07:04] Learn to surf the waves and think long-term [09:08] How can you secure tenants? [10:00] The right purchase will be valuable if you ever lose your job [11:22] What if you’re ready to invest or purchase a property? [13:15] There will be plenty of opportunities to come… so be ready! [14:40]   If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast with others you know will benefit from the show! See omnystudio.com/listener for privacy information.

Here at The Investor Lab, we are always spruiking property, both residential and commercial, as investment opportunities. But what about looking at the business of building itself? Who better to chat to than a successful builder come entrepreneur who has built high-end homes and a high-yield business. Further to this, she has consciously decided to cap yearly profits in order to maximise her enjoyment from her builds and thus her life which is perfectly aligned with our outlook on wealth-building here at The Investor Lab. Rebeka Morgan is the co-founder of BuildHer Collective - an organisation focussed on building women builders to empower them to renovate their forever home, renovate for profit, and build from scratch. They also offer courses and mentorship, take building a step further with their Inner Circle where they train people up on developing for profit, and deliver informative, entertaining parcels of building know-how via their weekly podcast, Building with BuildHer. Rebeka’s building passion started from a very early age but became a profession in her early 20’s where she turned a residential house into a high-yield rental return rooming house in Berwick. Her success has continued throughout her career including most recently where her last 6 BuildHer projects have broken suburb sale records. Join Rebeka and Goose as they chat about equity versus cashflow, strategically capitalising in lucrative areas, avoiding the banks for finance, and the female experience in the male-dominated building industry. Key Points: Picking your building depending on how long your cash will be tied up for Prioritising equity capture vs cashflow strategies The dependence of capital on the suburb your project lies in Equity funding vs standard property finance via the banks The different development lending options available Defining your unique value proposition and creating a “one-off” property that sells high What inspired Rebeka to start BuildHer Collective Why BuildHer Collective helps women only The disparity between males and females in the real estate industry generally Why women are suited to project management The benefits of a Mastermind group There’s no one “right” strategy: it’s about understanding where you are and setting realistic goals Identifying your weaknesses and back-fill with sourced talent Links: BuildHer Collective website Building with BuildHer podcast The Investor Lab Facebook group Email us directly: [email protected] Dashdot Buyers Agents Website End Quote: “If you can get your kids out the door with their shoes on and their lunches and on-time to school, you can project manage a build”   ― RebekaSee omnystudio.com/listener for privacy information.

The legislation of tax depreciation is our topic for today. Does that make you want to switch this podcast off immediately? We wouldn’t blame you, but this is definitely a conversation you’ll want to stick around for. It’s no secret that not a lot of people get super excited about tax and depreciation, but if you take the time to get to know the facts, the benefits can be absolutely huge. There are a lot of misconceptions around what you can and can’t depreciate as a property investor, and on a recent live session within the Dashdot Facebook Group, Goose chats to Mike Mortlock to uncover just how fun tax can really be. It’s all well and good to get cashflow, and growth but what we’re here to talk about today is how to get even more out of everything that you’ve got. Mike Mortlock is the director and co-founder of MCG Quantity Surveyors. Mike describes himself as a “construction cost estimating accountant hybrid”, which is quite the mouthful of a title. More traditionally we can say that Mike is an industry leader in tax depreciation. He has worked as an expert depreciation consultant with a number of major firms such as McDonalds, CMC Markets, Deloitte, PwC and more. He has completed thousands of depreciation schedules for commercial and residential property and is in demand as a public speaker and property commentator having been featured in Australian Property Investor, Smart Property Investor, Property Observer, Sky Business and other print and radio publications. As a specialist in tax depreciation, Mike has a wealth of knowledge and a passion for maximising depreciation entitlements. Questions that we cover: What is depreciation What is a depreciation schedule? Is depreciation only worthwhile in new rather than older properties? Is it true that you can’t depreciate a house built before 1985? How does it work for renovations? What about renovations I didn’t do? What can I claim depreciation on? What is the difference between Prime Cost and Diminishing Value methods of Depreciation? And what does that mean? What is the difference between plant and equipment and the building write off allowance? How does having a TDS affect CGT? How does this help me at tax time? How much extra money can I get? Where To Find Mike: Website: Mcgqs.com.au Email: [email protected] Linkedin  See omnystudio.com/listener for privacy information.

For virgin property investors, the first step is often the hardest. The sheer volume of unsorted information at your fingertips and the conflicting advice it often harbours stuns the novice investor like a deer in headlights. Never-buy-new versus First Home Owner Grant; people end up immobilised with fear and confusion with a growing list of unanswered questions. Is this the right next step for me? What are my options? What are the alternatives? Should I invest or use the First Home Owner Grant? And what even is the First Home Owner Grant? Goose and Gabi return to shepherd their flock of investors safely to the greener pastures of property funding enlightenment, breaking it down into two pathways: investing without the First Home Owner Grant, or using the grant to build your investment strategy. Their compass? Budget. Key Points: Beginner investors can be overwhelmed by the glut of information available Investing with, or without the First Owner Grant and using your budget to decide Struggling to get a deposit? Accelerate through investing Got capital for a deposit? Leverage the benefits of the First Home Owner Grant Don’t chase the rebate, only to get stuck with a liability First Home Owner Grant alongside stamp duty concessions can save money New vs old properties Links: First Home Owner Grant scheme website: http://www.firsthome.gov.au/ The Investor Lab Facebook: https://www.facebook.com/groups/theinvestorlab/ Dashdot Buyers Agents Website: https://www.dashdot.com.au/ End quotes: “To begin with the end in mind means to start with a clear understanding of your destination. It means to know where you’re going to better understand where you are now and so that the steps you take are always in the right direction.”   Steven Covey - 7 Habits of Highly Effective PeopleSee omnystudio.com/listener for privacy information.

Joining us on today’s episode is a close friend and mentor Ben Slater. At age 16, he witnessed his father - an entrepreneur - lose everything despite being an initially successful businessman. This destabilising event led to drug use and psychotic episodes. Ben then pursued mentorship highlighting the big questions no one had ever asked him and leading to paradigm shifts in his thinking. He successfully pursued an entrepreneurial pathway, despite his father’s experiences, with a mindset informed by his studies in business and life philosophy. Geographical freedom through the internet, success despite adversity, courageous decision-making, and staying true to your purpose are today’s talking points discussed in the context of Ben’s rich life and business experiences and his published literature. Topics we cover: Ben’s origin story Being happy today, but striving for more tomorrow How do you invest your time/energy/money and why? What is flow state and how is it achieved? The octave of life and how it all leads back to intimacy The seed of life Links: Ben’s First Book: The Business Owners Guide To Profit Buckminster Fuller Dancing Shiva The seed of life - Daily Accountability System by Ben Slater Book Ben is reading: Why I Write by George Orwell Ben’s Facebook page: https://business.facebook.com/BenSlatersSystems/ Ben’s Website: Leadflow.ai https://www.facebook.com/groups/theinvestorlab/ End quote: “Listen within yourself and look into the infinitude of Space and Time. There can be heard the songs of the Constellations, the voices of the Numbers, and the harmonies of the Spheres. “   ~ Hermes TrismegistusSee omnystudio.com/listener for privacy information.

When you first decide you want to buy a property, what’s your process? Do you even have one or do you just start looking through realestate.com.au for something that’s within your budget? This is a very common pitfall that we’re here to discuss today on The Investor Lab. We’ve found that the vast majority of people start their property investment journey by looking at property, and although this may seem like a logical first step, we’re here to discuss why you need to delve deeper. In order to achieve a positive outcome in your investment journey, you have got to establish a process. It’s important to operate in a way that is in alignment with what you want to achieve. Luckily for you, we’re taking the guesswork out of what your process should look like and sharing ours with you. This is the exact process we follow with our clients and we know it works and we’ve broken it down into eight key steps. THE EIGHT STEPS WE COVER: Know your position and kill your ego A deep dive into your appetite for risk and your goals Research: Macro Research: Micro Research: Property Coming to a fair deal Acquire and Settle Now that you have a process, you can go again and repeat your success LINKS WE MENTIONED: Download our free guide as mentioned in this episode Join us on our Facebook group. This group is curated by the team at Dashdot Buyers Agents, a young and passionate group of people dedicated to helping everyday Australians build sustainable wealth through real estate. Follow us on Instagram or Linkedin. Or, chat with us directly about your investment journey, we'd love to hear from you: https://dashdot.as.me/discoverycall CTA: https://www.facebook.com/groups/theinvestorlab/ See omnystudio.com/listener for privacy information.

So, you’ve decided you’re investing in property. The news says it’s a good time to buy. Your Uncle Tony at the family barbecue says you should have bought 20 years ago. What if you’ve already bought - do you sell? There are websites, podcasts, books dedicated to this stuff and all the researching is driving you bonkers. But you’re paralysed by indecision. What if you make the wrong decision? What if it’s the right move but the people around you don’t agree? Why exactly are you doing this again? If you’re asking yourself any of these questions, listen up. Today we’re talking you through the seven most common reasons investors are not achieving real estate success. Property is a massive investment and it’s hard. Analysis-paralysis, waiting for that “right time”, information-overload, fear of the unknown… It’s overwhelming. Here we will guide you through the actions to take to make sure you do succeed and get the results you want. People can climb mountains but they don’t do it alone. The Investor Lab is here to help you play the long game, conquer the challenge, embrace the fear, and make your money work for you. In Goose’s words, let’s make money your little bitch. "Nothing splendid has ever been achieved except by those who dared believe that something inside them was superior to circumstance." Bruce Barton   Join us on our Facebook group. This group is curated by the team at Dashdot Buyers Agents, a young and passionate group of people dedicated to helping everyday Australians build sustainable wealth through real estate. Follow us on Instagram or Linkedin. Or, chat with us directly about your investment journey, we'd love to hear from you: https://dashdot.as.me/discoverycall See omnystudio.com/listener for privacy information.