Scouting Australia Podcast

Shark Bites - When is it too late to invest?!

The full-length episode hit most of you pretty hard. So our Bull Shark teacher Sammy Gordon is here to deliver the biggest bites from that episode for you to take action on and learn from. Guys, if you got motivation from this episode to get out there and make an active change in your investing situation, perhaps others in your circle will too. Send this episode on, let's grow this community. Bite #1: Missed market cycles - [00:50] Bite #2: If you're in your 50's or 60's - [01:12] Bonus Bite: We all wish we had done Bite #3: You have no excuses - [01:55] Bite #4: Personal reflection from Sam - [02:08] Bonus Bite: Don't not, pull the trigger   Bite #5: Don't want to live frugally - [04:08] Bite #6: Retirement age options - [04:54] The Whole Bite - [06:27] If you're taking tremendous value from these episodes why not share them with your mate? If you want your question answered on our podcast DM us on our socials or email us at apsteam@australianpropertyscout.com.au Send us your questions to: Instagram: @australianpropertyscout Want to book a call with us: Website: https://australianpropertyscout.com.au Any information, comments, opinions or content that we provide in this podcast is our general observations and information only and it is not to be taken as, or in any way, considered to be financial advice, accounting advice, superannuation advice or legal advice. We strongly recommend all and any listener and participant to obtain their own independent financial advice, accounting advice, superannuation advice and legal advice before acting in any way in relation to any investment at all including any investment in property such as what we might be discussing in this podcast. No warranty, guarantee or representation is to be taken and you cannot reproduce it in any way. Every persons financial or investment situation is different and you must consider your own circumstances before undertaking any investment and be sure to obtain independent advice. Australian Property Scout Pty Ltd | License Number: 10094798 | ABN: 64 638 266 369

When Is It Too Late To Invest In Property

You're going to need a defibrillator for this episode folks cause this one hits close to home. This is a topic you'll take tremendous value from as the Bull Shark Sammy Gordon and Silver dog Jimmy Ibrahim tackle the agenda of whether it is ever “too late to invest”. Something that consciously affects us all regardless of our age bracket. If you’ve ever wondered if you’re too old to invest or have heard others talk about this, then you need to tune into this episode because the Bull Shark is going to share his food for thought and provide you with his case studies on how he'd do it if it was him. Intro's that stick - [00:14] Is it too late to invest - [01:00] -Don't wallow in doubt Draw a line in the sand - [04:41] -It's all rubbish Stories with Sam - [06:16] - Property is not a quick fix - Missed opportunities How soon do you want to retire? - [09:36] - What people at 50 can do - Asset-rich or cashflow Here's another case study - [11:58] Jimmy somehow remembers something Sam said - [14:20] Here's a little something you can tell your folks - [16:57] Youngens, take note of your super contributions - [18:31] Do you believe in Financial Planning? - [21:17] Be realistic with what you're chasing - [24:54] The strategy we adopt - [25:53] Fear & risk - [28:05] For the people who don't own PPOR scenario - [32:00] Sam's conservative approach - [35:00] Sam's aggressive unstoppable approach - [37:32] There is no golden ticket [39:09] Don't reinvent the wheel - [42:20] Don't talk yourself out of it - [45:28] If you're taking tremendous value from these episodes why not share them with your mate? If you want your question answered on our podcast DM us on our socials or email us at apsteam@australianpropertyscout.com.au Send us your questions to: Instagram: @australianpropertyscout Want to book a call with us: Website: https://australianpropertyscout.com.au Any information, comments, opinions or content that we provide in this podcast is our general observations and information only and it is not to be taken as, or in any way, considered to be financial advice, accounting advice, superannuation advice or legal advice. We strongly recommend all and any listener and participant to obtain their own independent financial advice, accounting advice, superannuation advice and legal advice before acting in any way in relation to any investment at all including any investment in property such as what we might be discussing in this podcast. No warranty, guarantee or representation is to be taken and you cannot reproduce it in any way. Every persons financial or investment situation is different and you must consider your own circumstances before undertaking any investment and be sure to obtain independent advice. Australian Property Scout Pty Ltd | License Number: 10094798 | ABN: 64 638 266 369

Q&A#6 - Interest Rate Hikes & The Drivers of Property Booms

Ladies and Gentlemen it's that time of the month again when the Bull Shark Sammy Gordon & the Silver Dog Jimmy Ibrahim answer your questions! And hooly dooley are we punctual today. You can learn a lot in this episode as we discuss the advancements of the most recent interest rate hikes along with some awesome in-depth case study questions on selling properties & power struggles. The recent interest rate hike - [01:36] What does this migration mean for Australia - [05:42] Stock levels are tight because - [08:14] Jimmy stealing the audience's questions - should I wait?- [09:27] Question 1 - Sean - You don't want a power struggle - [11:56] Question 2 - Thomas - Case study [14:55] Paint a picture - [20:58] Question 3 - Jeffy - Drivers of property price booms [22:01] Question 4 - Callum - Thow a bit of Burleigh in first & why have you only sold 2 properties - [26:27] Question 5 - Jack - Discounts for first-time clients - [31:22] Comment from Paul & Mandy - [33:28] If you're taking tremendous value from these episodes why not share them with your mate? If you want your question answered on our podcast DM us on our socials or email us at apsteam@australianpropertyscout.com.au Send us your questions to: Instagram: @australianpropertyscout Want to book a call with us: Website: https://australianpropertyscout.com.au Any information, comments, opinions or content that we provide in this podcast is our general observations and information only and it is not to be taken as, or in any way, considered to be financial advice, accounting advice, superannuation advice or legal advice. We strongly recommend all and any listener and participant to obtain their own independent financial advice, accounting advice, superannuation advice and legal advice before acting in any way in relation to any investment at all including any investment in property such as what we might be discussing in this podcast. No warranty, guarantee or representation is to be taken and you cannot reproduce it in any way. Every persons financial or investment situation is different and you must consider your own circumstances before undertaking any investment and be sure to obtain independent advice. Australian Property Scout Pty Ltd | License Number: 10094798 | ABN: 64 638 266 369

Shark Bites - Elite Property Management

Welcome back to the pond ladies and gentlemen in today's ep the Bull Shark Sammy Gordon invited Jackie Skein onto the podcast this week and she filled our heads with tremendous knowledge on the ins and outs of property management.  These are the hard-hitting points we took away from the show. Bite #1: Always try get a recommendation - [00:26] Bite #2: Be weary of PMs who don't push the envelope - [01:09] Bite #3: Who's actually managing the property - [02:23] Bite #4: Are there any kickbacks - [02:47] Bite #5: What's the team structure - [03:21 Bonus Bite: Lease renewals Bonus Bite: Be realistic on rent appraisals Bite #6: Be weary of negotiating a good property manager down- [06:26] Bite #7: Management agreement due diligence - [08:06] Bite #8: Check days on market on PM agency's properties - [09:00] Bite #9: Everything in PM is a negotiation - [09:50] The Whole Bite: Your job guys is to share this episode! - [10:38] If you're taking tremendous value from these episodes why not share them with your mate? If you want your question answered on our podcast DM us on our socials or email us at apsteam@australianpropertyscout.com.au Send us your questions to: Instagram: @australianpropertyscout Want to book a call with us: Website: https://australianpropertyscout.com.au Any information, comments, opinions or content that we provide in this podcast is our general observations and information only and it is not to be taken as, or in any way, considered to be financial advice, accounting advice, superannuation advice or legal advice. We strongly recommend all and any listener and participant to obtain their own independent financial advice, accounting advice, superannuation advice and legal advice before acting in any way in relation to any investment at all including any investment in property such as what we might be discussing in this podcast. No warranty, guarantee or representation is to be taken and you cannot reproduce it in any way. Every persons financial or investment situation is different and you must consider your own circumstances before undertaking any investment and be sure to obtain independent advice. Australian Property Scout Pty Ltd | License Number: 10094798 | ABN: 64 638 266 369

How to Select an Elite Property Manager

Special guest Wonder Woman (also known as Jackie Skein) has jumped into the shark cage with Hosts Sammy Gordon & Jimmy Ibrahim to tackle one of the hottest topics in real estate, Property Management. In today's episode, we will get in-depth knowledge on how to form great relationships with property managers, how to select a great PM for your properties and some incredible stories from the team which will give you some great insight on what not to do. Intro guest - [00:31] Jackie how do you pick it - [01:37] People are experts at different things - [02:59] There are no kickbacks - [03:58] Jackie give us your background - [4:40] Jackie's level of service - [08:09] Why do property managers hate this conversation - [09:40] What is your ideal amount - [10:48] Your days are numbered - Jimmy - [11:24] Something Jackie noticed property managers didn't have - [12:20] The incentive - [14:45] - The first question you should ask Do certain property managers get kickbacks - [16: 38] - Jackie's story - The common problem Jimmy's fugazi forms - [20:45] Do you get any kickbacks - [ 21:18]  - Be mindful of realistic prices - Are we being too hard What answer do you want to look for - [24:10] - CMA's - How a property manager will reveal how good they are - What's your process around lease renewals Management fees - [31:00] - Understand costs - Dusty pockets Cheapest rate... you're gonna get burned - [36:34] Throwing some heat - [38:00] Are there people in the industry trying to take advantage of you - [40:33] - The flat fee - Don't get caught out on the additionals - The resident upgrade The big push in the industry - [43:47] Average days on market - [45:30] - Here's a take-home gem The fine line - [47:51] How do you manage granny deals & teething issues - [50:13] Important to have a good relationship and bond - [53:54] Give us a horror story Jackie [55:24] NRAS story - [57:05] Sammy's got one - [58:48] If you're taking tremendous value from these episodes why not share them with your mate? If you want your question answered on our podcast DM us on our socials or email us at apsteam@australianpropertyscout.com.au Send us your questions to: Instagram: @australianpropertyscout Want to book a call with us: Website: https://australianpropertyscout.com.au Any information, comments, opinions or content that we provide in this podcast is our general observations and information only and it is not to be taken as, or in any way, considered to be financial advice, accounting advice, superannuation advice or legal advice. We strongly recommend all and any listener and participant to obtain their own independent financial advice, accounting advice, superannuation advice and legal advice before acting in any way in relation to any investment at all including any investment in property such as what we might be discussing in this podcast. No warranty, guarantee or representation is to be taken and you cannot reproduce it in any way. Every persons financial or investment situation is different and you must consider your own circumstances before undertaking any investment and be sure to obtain independent advice. Australian Property Scout Pty Ltd | License Number: 10094798 | ABN: 64 638 266 369

Shark Bites - Overcoming Your Worst Enemy

Hope you're ready to hunt ladies and gentlemen because today's episode is an absolute feeding frenzy of property knowledge from the master of the ocean Sammy Gordon himself. This one should hit pretty close to home for all of you out there as these ten bite-sized commandments are going to result you with success in your property investing journey. Bite #1: What's your relationship with money - [00:30] Bite #2: Not blaming other people for your situation - [00:50] Bite #3: Not making enough - [01:32] Bite #4: Become comfortable getting uncomfortable - [02:14] Bite #5: Listen to all Scounting Australia Podcast eps - [03:19] Bite #6: Finding a reliable mentor - [03:53] Bonus Bite: Have these criteria Bite #7: Circle of influence - [05:06] Bite #8: Call Australian Property Scout - [05:42] Bite #9: Delayed gratification - [05:47] Bite #10: Relationship with debt - [06:39] The Whole Bite: - [07:55] If you're taking tremendous value from these episodes why not share them with your mate? If you want your question answered on our podcast DM us on our socials or email us at apsteam@australianpropertyscout.com.au Send us your questions to: Instagram: @australianpropertyscout Want to book a call with us: Website: https://australianpropertyscout.com.au Any information, comments, opinions or content that we provide in this podcast is our general observations and information only and it is not to be taken as, or in any way, considered to be financial advice, accounting advice, superannuation advice or legal advice. We strongly recommend all and any listener and participant to obtain their own independent financial advice, accounting advice, superannuation advice and legal advice before acting in any way in relation to any investment at all including any investment in property such as what we might be discussing in this podcast. No warranty, guarantee or representation is to be taken and you cannot reproduce it in any way. Every persons financial or investment situation is different and you must consider your own circumstances before undertaking any investment and be sure to obtain independent advice. Australian Property Scout Pty Ltd | License Number: 10094798 | ABN: 64 638 266 369

Mindset - Overcoming Your Worst Enemy

You asked for it and we hear you loud and clear, today we're going to deep dive into the topic of "mindset". Today's episode is 'Overcoming your worst enemy', a more personal reflection on the barriers to entry for some investors out there. For the savvy property investor, you will share similarities in the stories by overcoming the hurdles which may be blocking you from taking that next leap in your portfolio. Don't ever be naive in investing! So on that note strap in, volume up, and take note. People have been asking us about mindset - [00:54] Overcoming your worst enemy - [01:56] The tangible part - [02:50] You are your worst enemy - [03:46] Your own relationship money story - [04:34] - Story from Sam - Story from Jimmy Getting rid of excuses - [07:54] Don't have any money but I love investing - [09:25] Sacrifices - [13:10] I'll do it tomorrow - [14:03] First name basis with Anthony Robbins - [15:49] Comfort zones - [17:26] I don't know enough - [21:08] Here's some perspective on my own portfolio - [23:15] Young Jimmy breaks it down - [25:23] The circle of influence, impacting your thoughts - [26:49] - Sammy reflects - Stay in your lane - Jimmy reflects Quote from the silver dog - [30:39] The tall poppy syndrome is too real - [31:26] I don't want the hassle - [34:17] Here's an analogy for you  - [36:33] Don't be naive - [37:50] You're going to have the same feeling - [39:42] I can't do it on my own - [40:26] What if it doesn't work out - [41:28] What is my worst case scenario - [42:46] Well done - [45:22] Here's a morning thought - [47:28] Your relationship with debt - [50:00] The exit strategy - [52:44] If you're taking tremendous value from these episodes why not share them with your mate? If you want your question answered on our podcast DM us on our socials or email us at apsteam@australianpropertyscout.com.au Send us your questions to: Instagram: @australianpropertyscout Want to book a call with us: Website: https://australianpropertyscout.com.au Any information, comments, opinions or content that we provide in this podcast is our general observations and information only and it is not to be taken as, or in any way, considered to be financial advice, accounting advice, superannuation advice or legal advice. We strongly recommend all and any listener and participant to obtain their own independent financial advice, accounting advice, superannuation advice and legal advice before acting in any way in relation to any investment at all including any investment in property such as what we might be discussing in this podcast. No warranty, guarantee or representation is to be taken and you cannot reproduce it in any way. Every persons financial or investment situation is different and you must consider your own circumstances before undertaking any investment and be sure to obtain independent advice. Australian Property Scout Pty Ltd | License Number: 10094798 | ABN: 64 638 266 369

Shark Bites - Dealing with the $#!% Side Of Property

We're swimming in calmer waters folks because today the Bull Shark Sammy Gordon will teach you how to hunt, be calm and keep a clear mindset dealing with property. Teaching you once again in bite-sized chunks guys, note pads at the ready. Let's Rip in! Bite #1: Making sure you have the right property manager - [00:37] Bite #2: Your first year of ownership - [01:55] Bonus Bite: Rapidly accumulating Bite #3: Buyers remorse - [03:46] Bonus Bite: Jimmy's quotes Bite #4: Assess the market - [05:28] Bonus Bite: cashflow deals caviat  Bite #5: If you cop a loss - [07:30] 99 problems and Jimmy aint one - [08:30] The whole Bite: - [10:04] If you're taking tremendous value from these episodes why not share them with your mate? If you want your question answered on our podcast DM us on our socials or email us at apsteam@australianpropertyscout.com.au Send us your questions to: Instagram: @australianpropertyscout Want to book a call with us: Website: https://australianpropertyscout.com.au Any information, comments, opinions or content that we provide in this podcast is our general observations and information only and it is not to be taken as, or in any way, considered to be financial advice, accounting advice, superannuation advice or legal advice. We strongly recommend all and any listener and participant to obtain their own independent financial advice, accounting advice, superannuation advice and legal advice before acting in any way in relation to any investment at all including any investment in property such as what we might be discussing in this podcast. No warranty, guarantee or representation is to be taken and you cannot reproduce it in any way. Every persons financial or investment situation is different and you must consider your own circumstances before undertaking any investment and be sure to obtain independent advice. Australian Property Scout Pty Ltd | License Number: 10094798 | ABN: 64 638 266 369

Mindset - Dealing with the $#!% side Of Property

So how do you deal with the things that happen in property? Today, Sammy Gordon & Jimmy Ibrahim are here to tell you it ain't all sunshine and rainbows. But do not fret! There are some key lessons that you can learn in this episode to help you overcome these physical & mental hurdles which may be hindering your need to invest further.  Big shout out to Hugo for pushing this topic!   How do you overcome thethings in property - [00:41]   Big Hugo's question he sent in - [01:08]   It's really good property management - [04:12]   What should you be asking - [05:45]   Jimmy got a war story again - [07:40]   Speaking of Jackie - [08:48]   What about maintenance issues - [10:41]   First 12- months are the hardest - [13:21]   Don't be nieve - [15:20]   Interest rates & feeling the pinch - [16:28]   Burning down the house - [18:42]   Buyers remorse - [20:55]   Jimmy's first two deals had buyers remorse - [23:00]   What do you need to identify - [26:53]   What about sellers remorse - [28:58]   Here's a client scenario - [30:27]   What did it peak out at - [32:40]   You can overcome it - [34:43]   Why do you keep going - [36:23]   Take note of this - [39:52] If you're taking tremendous value from these episodes why not share them with your mate? If you want your question answered on our podcast DM us on our socials or email us at apsteam@australianpropertyscout.com.au Send us your questions to: Instagram: @australianpropertyscout Want to book a call with us: Website: https://australianpropertyscout.com.au Any information, comments, opinions or content that we provide in this podcast is our general observations and information only and it is not to be taken as, or in any way, considered to be financial advice, accounting advice, superannuation advice or legal advice. We strongly recommend all and any listener and participant to obtain their own independent financial advice, accounting advice, superannuation advice and legal advice before acting in any way in relation to any investment at all including any investment in property such as what we might be discussing in this podcast. No warranty, guarantee or representation is to be taken and you cannot reproduce it in any way. Every persons financial or investment situation is different and you must consider your own circumstances before undertaking any investment and be sure to obtain independent advice. Australian Property Scout Pty Ltd | License Number: 10094798 | ABN: 64 638 266 369

How Morgan Built Herself $1 Million In Equity By 26

If you've ever needed inspiration to start your investing journey, this episode is for you! Today we are releasing our first ever APS staff investor stories and there couldn't be anyone better to kick it off than our very own Morgan Holmes. The skilled, young gun 26yr old General Manager and senior buyers agent at Australian Property Scout, shares her journey starting out from humble beginnings. We're going in-depth into how this young investor started her journey working in property at the very bottom and deep dive into her incredible investment portfolio consisting of 5 properties valued at over 2 million with a net equity position of 1 million TODAY! This episode has a lot to unpack and some key takeaways you can apply to your journey.  Who's our guest star - [00:29]   What is the Rising Star award - [00:58]   In the beginning - [02:25] - Entry to working in property - Moving up the ranks The upper hand Identifying talent - [08:05]   Get comfortable with being uncomfortable - [11:11]   The realisation - [12:52]   The next best thing - [14:34]   The journey to APS - [17:49]   When COVID hit - [21:12]   The first purchase - [22:10]   The first deposit - [25:08]   Let's break down this deal - [27:00]   What is a cash contract? - [30:57]   Morgan how did it make you feel - [34:25]   What happened next in the 2nd deal - [36:18]   Troubleshooting equity release with speed - [37:20]   Does it make sense to go up to 88% LVR - [38:55]   Numbers on deal #2 - [40:27]   How 2 led to 3 - [41:00]   This is what being a market expert is all about - [45:15]   This is the velocity of money - [47:52]   Deal #4 - [50:18] The granny whisperer Online negotiation - [54:44]   Here's a good reflection on momentum -  [56:33]   The emotion does play - [58:28]   Do you ever buy properties not on holiday?! - [59:35]   Sometimes the banks don't budge - [01:00:17]   One extreme to the other - [01:02:08]   Strategising the portfolio - [01:03:28]   Deal #5 - [01:05:51]   Could this be a B&B that you keep - [01:07:01] - Here's a strategy for the families out there Shout out to big Jake - [01:09:44]   Here's Sammy's takeaway - [01:10:44]   How has property changed your circle of influence - [01:12:56]   The portfolio value - [01:15:56]   Where to next Morgan? - [01:17:30]   What advice could you give to female investors out there - [01:18:25] If you're taking tremendous value from these episodes why not share them with your mate? If you want your question answered on our podcast DM us on our socials or email us at apsteam@australianpropertyscout.com.au Send us your questions to: Instagram: @australianpropertyscout Want to book a call with us: Website: https://australianpropertyscout.com.au Any information, comments, opinions or content that we provide in this podcast is our general observations and information only and it is not to be taken as, or in any way, considered to be financial advice, accounting advice, superannuation advice or legal advice. We strongly recommend all and any listener and participant to obtain their own independent financial advice, accounting advice, superannuation advice and legal advice before acting in any way in relation to any investment at all including any investment in property such as what we might be discussing in this podcast. No warranty, guarantee or representation is to be taken and you cannot reproduce it in any way. Every persons financial or investment situation is different and you must consider your own circumstances before undertaking any investment and be sure to obtain independent advice. Australian Property Scout Pty Ltd | License Number: 10094798 | ABN: 64 638 266 369