17. Finding a Good Property Manager and Why It’s Key to Investment Success, with Lauren Robinson

A good property manager can be crucial in the success or otherwise of a property investment over the long term. But choosing the right one can be surprisingly difficult – so where do you start? What do look for? And what should you expect from a good property manager?

I’ve gone straight to the source on this episode of Get Invested. My guest is Lauren Robinson. The great thing about this chat with Lauren is that she comes to the topic from two perspectives, both as an award-winning property manager with her own successful business, Rental Results, and as a long-term property investor in her own right. In fact, when it comes to property management and investors, she wrote the book on the subject – it’s called Rented. And as you’ll hear, Lauren really knows her stuff.

Here’s just some of what we check off the list in this episode:

  •      What makes a good property manager
  •      Top tips for choosing a good one
  •      Why you should never self-manage a property
  •      The benefits of using a dedicated property manager
  •      How to minimise risks and maximise returns
  •      Why she doesn’t manage her investment properties
  •      The advantages of rent-vesting
  •      Co-ownership – risks and rewards
  •      Key reasons why landlords fail
  •      Thoughts on pet-friendly rentals

 

Links:

Lauren Robinson – LinkedIn
Rental Results
Book – Rented

16. John Lee Dumas on Business, Anti-Success and Where He Puts His Money

When it comes to podcasting, there are few bigger names than John Lee Dumas, host of the hugely popular Entrepreneurs On Fire podcast. And it’s a very great pleasure to have him on this episode of Get Invested.

With ‘Entrepreneurs On Fire’, John has really been an inspiration for so many people, from Silicon Valley heavyweights to wantrepreneurs looking for a place to start. It’s easy to see why. He’s a guy filled with generosity of spirit and knowledge, and in this episode we get some great insights into his business and investment journey and what he’s learned along the way.

Compared to some of our other episodes, this one’s an absolute machine-gun dance (under 20 minutes), but I think you’ll agree it’s packed with gold.

Here are just some of the nuggets we unearth:

  •      Why John believes the best investment he ever made is himself
  •      Why he’s passionate about dollar cost averaging and index investing
  •      How John invests in practice, and his big wins
  •      Why he recommends getting your hands dirty before jumping into a degree
  •      The importance of investing in a team
  •      Why he thinks he’s so bad at many things
  •      Why it’s better to be a person of value than success
  •      The difference between in-vestors and out-vestors
  •      Why he lives in Puerto Rico (and maybe you should too)

 

Links:

Entrepreneurs On Fire
Book – The Four
Know How Group

15. Dr David Dugan on Mindsets, Goal Planning, Investment Strategies and Success

Wouldn’t it be great if you could learn from one of the greatest investing minds around? Well you’re in luck, in this weeks episode of the Get Invested podcast, you’ll get a chance to do just that. Dr. David Dugan has had a massively varied career, he has been a business mentor, navy commander, dentist, financial planner, mentor, coach, and is a highly successful investor.

We go in-depth on investing, what the ideal investments look like, how to handle and approach risk. You’ll also learn about how his experiences as a helped him cultivate his investing prowess, and how often the problem isn’t what we want but not taking the time figure out how to get there. He also shares with us why the planning stage of your goals can often be more important than the action that comes after it.

If that wasn’t enough, we also go over:

-A simple technique Dr. David Dugan uses to keep himself from hitting his goals
-How to always get the edge in any industry
-A way to plan your life that skyrockets your success
-The fundamental question that helps you map out your ideal lifestyle
-The one characteristic that separates the successful from the unsuccessful
-Why knowing your role can elevate your workflow
-Why tell people what you’re doing increases your chances of success
-Why you shouldn’t look for exciting investments
-Why being the best won’t necessarily make you the most successful
-The single best investment Dr. David Dugan ever made

 

Links:

Dr. David Dugan – Website
Dr. David Dugan – Facebook
Dr. David Dugan – Twitter

14. How A Health Crisis Brought Sally Lydia Paech to Found a Lucrative Organic Cosmetic Company

It can be tough to take care of ourselves nowadays. We’re so busy and burdened with the demands of a fast-paced world, that we tend to ignore our bodies and let stress, illness and discontent pile up. The remedy, according to our latest guest on the Get Invested Podcast, lies in coming back to natural foods and healthcare products.

Sally Lydia Paech is the founder of OrganiQ, a company that for more than four years has used naturally-sourced ingredients to create rejuvenating cosmetic products. On our latest episode, Sally was kind enough to chat with me and share her fascinating story, which took a turning point when she was undergoing a thyroid disorder and finally decided to slow down her life and heavily involve herself in yoga, mindfulness and holistic living. If you’re finding yourself overly stressed by modern life, you’ll have to give this podcast a listen.

Sally and I chat about all of the above, as well as the following:

  • How modern cosmetics are causing a host of health problems
  • Why “I don’t have enough time” is a poor excuse for not taking care of yourself
  • The issue with modern education
  • How a combination of health and emotional issues brought Sally to improve her health
  • Some of Sally’s top tips for skin care
  • The importance of time in building your brand and investments
  • The eternal benefits of yoga
  • How to get started on your own brand

Links:

LinkedIn
OrganiQ Facebook
Email: sallylydia@icloud.com

13. Finding Clarity and Fulfillment in Life with Amber Hawken

If you want to make better life (and investment) decisions, you need to start by getting your mental house in order. And my guest on this episode of Get Invested has got some practical steps to help you get clear on what you really want in life and the best way to get there.

As you’ll hear, there are few people who bring the breadth and depth of experience to the subject as my guest, Amber Hawken. With a background spanning traditional medicine, psychological and behavioural therapies, and spiritual philosophies, she’s a master at helping people find the essence of who they are and what they need to be doing. With an approach that’s relatable, down-to-earth and straight-to-the-chase, I know you’re going to get a lot out of this chat.

Here’s a taste of what we cover:

  •      Why self-connection is key to personal freedom
  •      Getting in touch with your consciousness and finding authenticity
  •      Managing the monkey mind
  •      Dealing with fear of success and imposter syndrome
  •      Building firm foundations in your life
  •      Defining what your perfect life looks like
  •      What is fulfillment? What is it to you?
  •      Prioritising joy
  •      Amber’s theory of the 7 Fs and how it relates
  •      How you’re purchasing your life with your attention

 

Links:

AmberHawken.com
Amber’s book – The Unfu*kwithable Life
Calm Mind Project
1 Giant Mind app

12. Successful Property Investing and Achieving Your Life’s Potential with Mike Reid

If you’re keen to start your property investment journey on the right foot, while maintaining balance and harmony in your life, you’ll want to grab a pen and takes notes during this episode of Get Invested. My guest is Mike Reid, a Director at training and advisory company, Dent Global, a world-renowned organisation that helps entrepreneurs to stand out and scale up their businesses.

Mike is a man with wisdom beyond his years. And in this wide-ranging conversation, we’ll take a look at his journey so far, as a property investor with a growing portfolio, as an entrepreneur and influencer, and as a human being. Personally, I’m astounded by his insights at such a young age. I think you’ll agree there’s a lot we can learn from how he’s setting himself up and creating a success story that’s only going to get better and better.

In this inspiring episode, we cover:

  •       The limitations of traditional pathways and choosing entrepreneurship
  •       Choosing wealth for freedom and choice not materialism
  •       The power of surrounding yourself with entrepreneurial people
  •       Making an impact on clients’ businesses and in the world
  •       Mike’s approach to property investing, and how he got his start
  •       Developing income and wealth in parallel
  •       The importance of balance, patience and persistence
  •       Embracing time as a friend not a foe
  •       Some thoughts on property cycles
  •       Developing a property investment team
  •       Understanding yourself and your values when it comes to wealth creation

 

Links:

Mike’s website – mikejamesreid.com
Dent Global
Entrepreneurs’ Organization
Bushy’s book – The Freedom Formula

11. Katie Richards on Investing in Yourself and Earning Your Freedom

Katie Richards on Investing in Yourself and Earning Your Freedom

If you’re looking for inspiration to take that leap into a new way of life, look no further than this weeks episode of ‘Get Invested’. Look in the dictionary under high achiever and you’ll see a picture of my guest, Katie Richards. But it hasn’t always been a straight and smooth road for this country girl turned big-city lawyer turned Internet entrepreneur – and her story has some fantastic lessons for all of us.

In this broad-ranging and thought-provoking episode, we delve into the money lessons Katie learnt at a young age, the twists and turns of her career, overcoming a serious accident and corporate burnout, and how on earth she juggles running her own business – Virtual Legal – and building her new web venture, all while studying for her UK law exams and staying sane.

Here are just some of the subjects we touch on:

  •    Why Katie considers personal development her best investment
  •    Beating corporate disillusionment
  •    Turning your skills into a freedom business
  •    Disrupting the legal business online
  •    Building systems to get your time back
  •    The value of mindfulness
  •    Giving your health higher priority
  •    Unconventional ways of getting ahead in law and business
  •    Using DiSC behavioural profiling in business and life
  •    Successfully working with VAs in the Philippines
  •    Balancing fun and professionalism in the workplace
  •    Why difficult clients can be your best teachers
  •    Structuring your investments for tax effectiveness
  •    Personal development recommendations

 

Links:

Katie on Linkedin
Virtual Legal
GO-VA
The Entourage
Key Person of Influence

10. Josh Masters on Making Smart Investments and Letting Your Money Grow

Property is often pegged as one of the best ways to make money. It’s a real, tangible asset, and is less likely to fluctuate wildly like other forms of investment (we’re looking at you, Bitcoin).  On this episode of the Get Invested podcast, Josh Masters and I chat about how he got into the property business, what investors should look for in potential neighbourhoods and how to plan for your financial future.

Josh has nearly 20 years of experience in the Australian property market. He is a Buyer’s Agent at BuySide Buyers Agency in Sydney and author of Why Property Why Now. Together we talk about our shared love of investment, personal growth and financial planning — along with some of the pitfalls that can pop up along the way.

Listen to the full episode to hear this, plus things like:

  • How to spot high-value investment areas
  • Why experts like buyer’s agents can help you boost your return
  • The importance of self-growth and personal education
  • How to use analytics to your advantage
  • Josh’s unlikely story that led him to property investment
  • How to let time work for you
  • The power of perseverance
  • How not to get trapped by popular trends

 

Links:

Josh Masters – LinkedIn
Buy Side
Why Property Why Now – Amazon

9. How to Optimise Your Depreciation and Save $10,000 a Year with Bradley Beer

If you’ve never really bothered with depreciation schedules, you need to listen to this episode of the Get Invested podcast to see what advantages and tax deductions you’re missing out on! My guest is Bradley Beer, the CEO of BMT Tax Depreciation. With half the market share in the country, Bradley and his team are great at what they do, and in our conversation he shares top tips on optimising depreciation on your property.

Bradley began his career at BMT in 1998, working with two of the founding directors to build the company from the ground up. He now works as the company’s CEO, helping to produce strong yearly growth with his leadership and specialist experience in property tax depreciation. His experience as both CEO of BMT and personally as a successful property investor has led him to become a highly sought-after speaker at many national property related events and conferences, as well as a regular contributor and sometimes guest host on the Sky Business channel’s Your Money, Your Call programme.

We get into all of the above, plus all of this stuff too:

  • Bradley’s driver and motivation for doing what he does
  • Three simple fundamentals that are important for a long-term career in business
  • The value of doing a job properly and with integrity
  • Why you should treat every client with the care that you would want to be treated with
  • Attracting top talent who believe in your company’s culture
  • What every property investor must do before buying
  • Why Brad regrets not buying mortgage insurance in his early years
  • The pros and cons of holding onto debt in controlling risk
  • How building a wholesale property can help you grow equity quickly

 

Links

BMT Website
BMT Insurance Website
BMT Facebook
BMT LinkedIn
BMT Twitter

8. Harvee Pene on Building Businesses That Make a Difference and Increasing Cash Flow Through Tax Savings

Do you want to know how you can set up a business that genuinely helps others? Then make sure you check out this week’s episode of Get Invested. I talk with Harvee Pene who shares the incredible way that he’s set up his business and the change he’s making to the world. Harvee is the co-founder of the accounting firm Inspire and co-author of the book Cashed Up: 7 steps to pull more money, time and happiness from your business. Harvee approaches finance in a way that puts families and their goals first. He’s on a mission to make Inspire Australia’s most impactful accounting firm.

In our conversation, we talk about why family is the number one priority for Harvee, and how he approaches giving time and financial freedom back to his small business clients. He tells me how he’s managed to raise over $1 million to provide clean drinking water, and we touch on some of his top tips for saving through the tax season and why a proactive approach works best.

Listen to the full episode to hear all this, plus:

  • The impact of Parkinson’s law on your time and finances
  • How putting family first is the best motivator for your financial freedom
  • The reason you need to prioritise what’s important to you
  • The non-traditional education path that Harvee took
  • What made Harvee decide to invest in property and how he made his first investment at just 17
  • How to save big through easy-to-implement tax cut methods
  • How to be a business that changes the lives of people
  • Why productising charity is a winning solution

 

Links

Inspire
Harvee’s book
LinkedIn
Twitter