Show Notes
We all know property is no longer a game of bricks and mortar, it’s all about finances.
More so, how you can borrow to buy more property, but do it in a scalable and sustainable way.
A lot is strategy!
That is why we bring you experts each and every week to learn from their genius!
Tomorrow night is no different, we have Aaron Whybrow the bag piping broker.
Topics we’ll be talking about include:
- What a strategic borrowing approach looks like [including holding, borrowing & purchasing power] This one is bound to be juicy, insightful and actionable!
- What you can do when you hit the serviceability wall i.e. trust lending.
- The often ignored SMSF lending.
- Rules of thumb for lending i.e. interest only vs P&I and borrowing capacity.
- Many more topics
Episode Highlights
11:15 Aaron Learnings for property from his old profession
18:43 What are some of the Red flags we should look out for?
21:10 What are some of the things that we can take away from intensive care nursing?
24:13 What’s the difference between purchasing power and borrowing power?
29:56 What are some of the core people that you need in your team and why?
35:31 What is borrowing power?
48:04 What is more important? Minimizing expenses or Maximizing income?
56:07 What creative tips does Aaron have for when loans are about to switch between IO and PI?
1:03:23 Different types of Income
1:13:30 What does Aaron see as the sweet spot age for when SMSF works as part of a portfolio?
1:18:59 What are some of the things that people don’t think of when they think of self manage to fund?
1:25:17 As it is not possible to extract equity in smsf refinancing, do you see a lots of flipping when LVR is getting down?
1:27:30 Can you talk about using trust to get around serviceability limitations?
1:45:54 What is the best deposit % to have for the next IP? 10%, 15%?
1:49:22 How does a Line of Credit Work?
2:01:59 What If analysis calculator
Episode Resources
Connect with Aaron Whybrows – https://dandf.com.au/about-us/
Joe Tucker of Property Principle – https://propertyprinciples.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.
