Key Principles to Grow Your Property Wealth – Max Phelps (Part 1)

Show Notes

Interest Rate rises, QLD Tax rules changing, sentiment at an all-time low. 

 

Maybe we should all just sell our properties and move on to the next shiny investment thing? 

 

Nope. There is another way….. 

 

Going back to the fundamental principles of property investing. Let’s take it back to basics and explore why we invest in property in the first place. 

 

We have the amazing Max Phelps who will be going through some incredibly crafty tips and tricks on how we can not only thrive in the future but also how we can snatch up some opportunities today! 

 

Join us tonight, live 7:30pm NSW time as we unpack the expertise!

 

 

Topics we’ll be talking about include:

 

  • Organising Your Money for Property “Success” – We’ll unpack some of Max’s steps and processes you need to know. This one is bound to be juicy, insightful and actionable!
  • The use of Trusts and how it can assist overcome challenges with serviceability (will be helpful for investors at all levels).
  • Manufacturing equity to mitigate risk in a sideways / down market (from his own / others experiences).

Episode Highlights - Part 1

07:43 Introduction of Max Phelps

13:02 How important are the 1st, 2nd, and 3rd properties for a portfolio?

14:28 Max’s First Property he bought

18:37 What is rentvesting and why have you been doing it?

24:42 What is the importance of organizing your money and getting it all together?

35:40 Barefoot Investor

37:27 Solution of managing your money – A Better Way

42:47 How do set up for investment properties?

Episode Resources


Bob Andersen of Property Mastermind
https://www.propertymastermind.com.au/

Other Guests On Our Lives

Chris Gray, Amanda Farmer, Steve Palise, Nathan Birch, Todd Sloan, Cate Bakos, Mike Mortlock, Lloyd Edge, Karen Baldwin, Rob Flux, Kent Lardner, Charley Valher, Bernadette Janson, Pete Wargent, Melinda Jennison, Bushy Martin, Michelle Lewis, Peter Koulizos, Jane Slack-Smith, Joe Tucker, Jordan De Jong, Scott Aggett, Belinda Smith, Jef Miles and more.

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