Property Uncovered

The Happy Accident: How a Missed Opportunity Led to a Flourishing Investment Journey - Nick Bendel

Nick Bendel is a property investor and the founder of Hunter&Scribe, a copywriting agency specializing in property and finance. A journalist by training, Nick first took an interest in real estate around 10 years ago, when he took a writing gig about property and finance. But when in 2015 he set out to buy his first property in Sydney, he soon realized his budget wouldn’t get him very far. In this episode of Property Uncovered, Sanjeev sits down with Nick to discuss how he overcame his fear of debt in his first property investment, why seeking expert advice is crucial to your success as a property investor, or the impact that having 500 meals with strangers has had on Nick’s life.
 
-- TIMESTAMPS –
(00:00) Intro
(00:51) Background and beginnings in property
(03:06) Fear of debt and the idea of owing someone money
(05:34) Nick’s happy accident and buying in Hobart
(08:16) Relying on a buyer’s agent
(09:52) Buying in Brisbane and Sunshine Coast
(13:19) Mindset and Nick’s Investment Plan
(16:02) Tips for up-and-coming property investors
(17:37) Reading and Nick’s best book recommendations
(20:19) Meeting for lunch with 500+ strangers as an introvert
(25:37) Going out for lunch with Sanjeev
(26:44) Final words for investors
(28:56) Where to find Nick
(29:25) Outro
 
-- QUOTES --
- “I had a fear about debt. I understood why a mortgage made mathematical sense. But I hated the idea of owing someone money.”
- “Often, we fear what we don’t know, so the more you know, the less you fear.”
- “The very moment I appointed my buyer’s agent, I suddenly thought to myself, «OMG, why did I ever think that I could do this myself?»”
- “By taking a long-term view it means that you can be a lot more philosophical about what happens in the short-term.”
 
-- CONNECT WITH NICK--
🌐 Website: https://hunterandscribe.com
💼 LinkedIn: https://linkedin.com/in/nick-bendel
🐦 Twitter: https://twitter.com/hunterandscribe
🌌 Facebook: https://facebook.com/hunterandscribe
 
-- CONNECT WITH SANJEEV --
💼 LinkedIn: https://linkedin.com/in/sahsanjeev
 
-- FOLLOW INVESTORS DREAM --
👉 Website: https://investorsdream.com.au
📞 Book a call: https://investorsdream.com.au/bookcall
📸 Instagram: https://instagram.com/investorsdreambuyersagent
🌌 Facebook: https://facebook.com/investorzdream

Finding Fulfillment In Your Real Estate Career - Trent Fleskens

Trent Fleskens is the host of The Perth Property Show and managing director of Strategic Property Group, a full-service property investment consultancy based in Perth. Not long after the start of his career, Trent had already made it as a successful consultant at PwC, only to find that that climbing that ladder was not going to make him happy. He decided to leave everything behind to travel the world and test out different career paths as a filmmaker, safari guide, etc. But it was when he tapped into his interest in property that things started to fall into place for him. In this episode of Property Uncovered, Sanjeev sits down with Trent to discuss how to mitigate your risk of loss when investing in property, Trent’s predictions for the real estate market in Perth in 2023, or advice for up-and-coming professionals starting out in real estate.
 
-- TIMESTAMPS –
(00:00) Intro
(00:51) Trent’s background
(05:55) Trying out new paths in search of fulfillment
(12:30) How passion and expertise trump fear of failure
(15:38) Jack’s first wins and mistakes in property investment
(18:30) Tips for up-and-coming property investors
(20:33) Improving other people’s lives through your work
(23:16) Jack’s prediction for Perth’s real estate market in 2023
(27:45) Affordability and reset in expectations
(29:01) Outro
 
-- QUOTES --
- “I wanted to do more with my life. Rather than live a vocational life of conservancy, I really wanted to make an impact in my community.”
- “People who have a fear of missing out more than a fear of failure are more likely to succeed.”
- “People had known me for my skills and achievements long before I started a business servicing people to do the same thing.”
- “If you want to mitigate any risk of loss in your effort in property, hire the best people in your city.”
 
-- CONNECT WITH TRENT --
💼 LinkedIn: https://linkedin.com/in/trent-fleskens-bbbb3846
🌐 Website: https://strategicpropertygroup.com.au
🎤 Podcast: https://perthpropertyshow.com.au
 
-- CONNECT WITH SANJEEV --
💼 LinkedIn: https://linkedin.com/in/sahsanjeev
 
-- FOLLOW INVESTORS DREAM --
👉 Website: https://investorsdream.com.au
📞 Book a call: https://investorsdream.com.au/bookcall
📸 Instagram: https://instagram.com/investorsdreambuyersagent
🌌 Facebook: https://facebook.com/investorzdream

Kickstart Your Career As A Selling Agent - Jack Wormington

Jack Wormington is the director of JW Residential and a selling agent based in Secret Harbour, Perth, WA. From a very young age, Jack demonstrated a passion for property, and began learning passively from his family business. After giving a try to HR, he dove headfirst into real estate, and in his first year he generated over 10M in sales. Ten years later, Jack is now one of the most reputable real estate agents all across Australia, known for his passion, dedication and professionalism. In this episode, we dive deep into why Jack decided to double down on a suburb instead of expanding to bigger markets, how being accessible for his clients has been key to his success as a selling agent, and what was it like for him to break into real estate despite his family’s advice.
 
-- TIMESTAMPS --
(00:00) Intro
(00:51) Jack’s background and beginnings in real estate
(09:11) Contributors to his early success as a selling agent
(15:46) Tips for new real estate agents starting out
(19:45) Building a superteam and being always accessible
(27:50) The role of buyer’s agents within the industry
(33:05) Dealing with problematic buyers and honoring the contract
(36:15) Presenting a competitive offer as an investor
(39:57) How to demonstrate you are a serious buyer
(42:38) The state of the property market in Perth
(44:36) Tips for investors interested in Secret Harbour
(47:56) Where to find Jack
(47:13) Outro
 
-- QUOTES --
- “If you are here for the money, it’s going to be a quick fail.”
- “I don’t think there’s anyone out there in the industry whose worked incredibly hard and been self-disciplined that hasn’t been successful.”
- “Many people ask agents what’s the secret… There is no secret. It’s just a case of hard work, dedication and commitment.”
- “The value in what you’d learn first hand from shadowing someone who’s doing well will absolutely set you up. You are going to drown if you go straight into it.”
 
-- CONNECT WITH JACK --
🌐 Website: https://jwresidential.com.au
🌌 Facebook: https://facebook.com/jwresidentialwa
📸 Instagram: https://instagram.com/jwresidential
💼 LinkedIn: https://linkedin.com/in/jack-wormington-a25547107
💼 LinkedIn Page: https://linkedin.com/company/jwresidentialwa
 
-- CONNECT WITH SANJEEV --
💼 LinkedIn: https://linkedin.com/in/sahsanjeev
 
-- FOLLOW INVESTORS DREAM --
👉 Website: https://investorsdream.com.au
📞 Book a call: https://investorsdream.com.au/bookcall
📸 Instagram: https://instagram.com/investorsdreambuyersagent
🌌 Facebook: https://facebook.com/investorzdream

Grow Your Business As An Independent Selling Agent - Melinda Kirby

Melinda Kirby is a selling agent and property consultant based in Rockhampton, Queensland. With over 20 years of experience and a strong passion for the real estate industry, Melinda has won the trust of hundreds of home-buyers and investors in search for the perfect property. This 2022, she has closed the sale of 137+ properties along with her small but tight-knit team. In this episode of Property Uncovered, Sanjeev asks Melinda about her recommendations on how an investor should reach out to a real estate agent, the importance of crafting a competitive offer, or why setting the right incentives for your team is a key element for a company’s growth.
 
-- TIMESTAMPS --
(00:00) Intro
(00:52) Melinda’s progression within the real estate industry
(07:20) How the industry went digital after covid
(09:49) Mindset shift and building a motivated team
(13:18) Outsourcing and giving up control
(18:27) Escalating her business as a female in their region
(20:28) Building relationships with trustworthy buyer’s agents
(24:23) Tips when reaching out to a real estate agent as an investor
(29:11) Meeting in person and partnering up with buyer’s agents
(34:11) Melinda’s view on Rockhampton’s real estate market
(38:08) Sharpening and presenting a competitive offer
(39:31) Where to find Melinda
(40:07) Outro
 
-- QUOTES --
- “Docusign was like the biggest change I’ve seen in this industry. It has been amazing for our business.”
- “I had always been «the helper». I had been the co-agent, I had been the PA… So to be able to step into the role of being a leader, I really had to let go.”
- “Maybe some of the other agents don’t incentivize their team as much as what I would. What’s the point of staying if there’s nothing in it for them?”
- “I had to stop comparing myself to how the top male agents in my area do things. I can’t replicate what they do because it just doesn’t suit me.”
 
– CONNECT WITH MELINDA --
🌐 Website: https://mkproperty.com.au
📸 Instagram: https://instagram.com/melindakirbyproperty
🎵 Tiktok: https://tiktok.com/@melindakirbyproperty
💼 LinkedIn: https://linkedin.com/in/melindakirbyproperty
 
-- CONNECT WITH SANJEEV --
💼 LinkedIn: https://linkedin.com/in/sahsanjeev
 
-- FOLLOW INVESTORS DREAM --
👉 Website: https://investorsdream.com.au
📞 Book a call: https://investorsdream.com.au/bookcall
📸 Instagram: https://instagram.com/investorsdreambuyersagent
🌌 Facebook: https://facebook.com/investorzdream

Funding Retirement with Investment Properties - Tom Dekker

Tom Dekker is an executive in the entertainment industry, a grandfather, and a property investor based in Sydney. Being close to retirement, Tom realized he didn’t want to rely on government handouts and wanted to leave a legacy for his grandchildren, and thus he decided to double down on property investment. With Sanjeev’s help, he has bought four cashflow-positive properties in one year, with his current portfolio amounting to approximately 5.5M. In this episode of Property Uncovered, Tom covers what was his biggest financial regret, how does it feel to purchase a property you haven’t seen, or why he thinks it’s never too late to start your investment journey.
 
-- TIMESTAMPS --
(00:00) Intro
(00:53) Who is Tom Dekker
(02:30) Tom’s why behind investing in property and his biggest financial regret
(05:13) Running the numbers and buying despite the rise of interest rates
(07:35) Being hands-on with regard to his property portfolio
(09:25) Tom’s wake-up call and realizing retirement is near
(11:38) Investing interstate and purchasing a property he hadn’t seen
(16:36) Tom’s investing strategy for the next years
(19:44) Time, research, and the decision to trust a buyer’s agent
(22:53) It’s never too late to start investing
(26:03) Outro
 
-- QUOTES --
- “I bought an investment property and I sold it after five years. Did really well out of it, bought it for 200K, sold it for a little over 500K… That’s probably the biggest regret in my life from an investment point of view. That property sold last year for 1.8M dollars.”
- “I got to the point where I realized I needed to secure my future. I’m not one of those people that want to rely on government handouts.”
- “I haven’t gotten into this to make a quick buck and turn the properties over after a few years, there’s no speculation involved. In the perfect world, I would never sell a property.”
- “My regret is I didn’t do it sooner, but I don’t regret starting late either.”
 
-- CONNECT WITH TOM --
💼 LinkedIn: https://linkedin.com/in/tom-dekker-a007b520
 
-- CONNECT WITH SANJEEV --
💼 LinkedIn: https://linkedin.com/in/sahsanjeev
 
-- FOLLOW INVESTORS DREAM --
👉 Website: https://investorsdream.com.au
📞 Book a call: https://investorsdream.com.au/bookcall
📸 Instagram: https://instagram.com/investorsdreambuyersagent
🌌 Facebook: https://facebook.com/investorzdream

Wealth, Words and Wisdom - Terry Ryder

Terry Ryder is a property researcher and writer on Australian real estate since 1982. He’s
also the founder and managing director of Hotspotting, one of Australia's leading online resources for investors of Australian residential property. With more than 35 years devoted to the real estate industry, Terry is one of the most knowledgeable and respectable figures with regard to the Australian housing market. In this episode of Property Uncovered, Terry and Sanjeev discuss why we should think of local economies instead of “the economy” as a whole, how to determine when it’s time to stop buying properties, or how treating of our portfolio as a business is key to our success as property investors.
 
-- TIMESTAMPS --
(00:00) Intro
(00:51) From journalist to property consultant
(04:27) Information overload and the advent of digital tools
(07:01) Getting tired of renting and the purchase of his first properties
(09:19) When to consider selling a property
(10:46) What makes a good asset
(13:27) Achieving wealth through good assets
(15:38) Asset protection and buying under different structures
(17:44) Considering local economies instead of the market as a whole
(19:55) Building your team and getting experts’ advice
(24:10) Is it ever too late to start investing in property?
(26:36) Determining when enough is enough
(29:09) Predictions for the Australian real estate market in 2023
(33:07) Closing thoughts
(34:24) Outro
 
-- QUOTES --
- “I’ve always been a believer in buying towards the low end of the market… If I had a million dollars, I wouldn’t buy a one-million-dollar property, I would buy two or three properties.”
- “Some people believe that expensive properties show better growth. I don’t think that’s true at all.”
- “I don’t think there’s such thing as the Australian property market. I think there are thousands of markets and they are all local.”
- “Property investment is a business in itself. People should treat it as a business. And in a good business, you spend money to make money.”
 
-- CONNECT WITH TERRY --
🌐 Website: https://hotspotting.com.au
💼 LinkedIn: https://linkedin.com/in/terryryder
🌌 Facebook: https://facebook.com/hotspotting
🎬 Youtube: https://youtube.com/@Hotspotting
 
-- CONNECT WITH SANJEEV --
💼 LinkedIn: https://linkedin.com/in/sahsanjeev
 
-- FOLLOW INVESTORS DREAM --
👉 Website: https://investorsdream.com.au
📞 Book a call: https://investorsdream.com.au/bookcall
📸 Instagram: https://instagram.com/investorsdreambuyersagent
🌌 Facebook: https://facebook.com/investorzdream

The power of leveraged investing - Nowshad Rafique

Nowshad Rafique is a property investor and a consultant at National Australia Bank. Based in Sydney, last year he joined forces with Sanjeev and bought 4 properties in less than 12 months. In this podcast conversation of Property Uncovered, they discuss the differences between investing in property and stocks, how to take advantage of leverage in our own investments, or how to explain your investments to your family to make sure they are on board with the strategy and aligned with your vision.
 
-- TIMESTAMPS --
(00:00) Intro
(00:52) Who is Nowshad?
(02:03) Investing in both property and the stock market
(04:42) Using leverage to buy shares
(09:38) Purchasing his first property in Glenfield, Sydney
(13:30) Selling this property after an increase in value
(15:37) Changing his mindset and thinking longer term
(17:40) Bringing her partner on board
(21:10) Explaining the strategy behind his mindset
(24:04) Doing something vs Saying something from the sidelines
(29:09) Thinking of property investment as a business
(32:40) Getting the help of a trusted expert
(34:56) Outro
 
-- QUOTES --
“Returns and risk go side by side. If you are looking for returns, you have to take risks.”
“Unless you are in the game, you are not in the game. From the sidelines, everything looks either tough or easy. [...] Get into the market and face the reality rather than saying something on the sidelines.”
“I don’t have the time to do the research, that’s why I’m using experts.”
“It’s a dynamic market, so there will be opportunities all the time. When people are not in, you should be getting in.”
 
-- CONNECT WITH NOWSHAD --
💼 LinkedIn: https://linkedin.com/in/nowshad-r-13184220
 
-- CONNECT WITH SANJEEV --
💼 LinkedIn: https://linkedin.com/in/sahsanjeev
 
-- FOLLOW INVESTORS DREAM --
👉 Website: https://investorsdream.com.au
📞 Book a call: https://investorsdream.com.au/bookcall
📸 Instagram: https://instagram.com/investorsdreambuyersagent
🌌 Facebook: https://facebook.com/investorzdream

Financial education and letting your money work for you - Varun Rana

Varun Rana is an IT engineer, a father and a property investor based in Melbourne. With no financial education, he started his journey in real estate buying a negatively geared property in the hopes of saving on tax. After realizing he had not made the best decision, he decided to get educated and started to develop his financial mindset. Nowadays, he’s building an investment portfolio for his wife and two kids along with Sanjeev’s help. In this episode of Property Uncovered, we cover how positive gearing allows you to grow your investments further, how bring your family on board with your investments, or what are some ways to expedite your progress towards financial freedom.
 
-- TIMESTAMPS --
(00:00) Intro
(00:52) Beginnings in real estate and buying a negatively-geared property
(04:39) The opportunity cost of not having financial education
(10:12) Leveraging debt and pursuing financial freedom
(14:27) Bringing your family on board
(18:05) Educating his children and contributing to his environment
(22:10) Take the shortcut by relying on experts
(27:28) Final words from Varun
(31:23) Outro
 
-- QUOTES --
- “Education is the first step [...] But if you are educated and not taking action it is the same as if you weren’t educated.”
 
- “My parents are great and I love them, but they never gave me financial education. So I want to give that to my kids.”
 
- “You want to take the shortcut. Why do you want to do things the hard way in life? If I can save ten years of my life, so be it, why not?”
 
“I’m building this not because I’m a very materialistic person or want bigger things. I just want finances taken care of so I can do the things I want to do in life.”
 
-- CONNECT WITH VARUN --
💼 LinkedIn: https://linkedin.com/in/varun-rana
 
-- CONNECT WITH SANJEEV --
💼 LinkedIn: https://linkedin.com/in/sahsanjeev
 
-- FOLLOW INVESTORS DREAM --
👉 Website: https://investorsdream.com.au
📞 Book a call: https://investorsdream.com.au/bookcall
📸 Instagram: https://instagram.com/investorsdreambuyersagent
🌌 Facebook: https://facebook.com/investorzdream

Building a property portfolio at 23 - Kurt Castell

Kurt Castell is an real estate investor based in Sydney. Inspired by how his grandfather build his wealth, Kurt developed a strong interest for property from a very young age. After saving up a substantial sum through disciplined work in landscaping plus stock investing, he has already bought his second property at the tender age of 23. In this episode of Property Uncovered, we uncover the mindset that led Kurt to invest from so young, the opportunity cost of not taking action, or why he saw hiring a buyer’s agent was a no brainer for him.
 
-- TIMESTAMPS --
(00:00) Intro
(00:54) Saving up and developing his mindset from an early age
(04:16) Inspiration from his grandfather and defying the conventional mindset
(09:09) Starting his investment journey on other asset classes
(10:26) Hiring a buyer’s agent and how he came across Sanjeev
(15:13) First property in Albury, New South Wales
(17:11) Second property in Perth, West Australia
(18:55) High interests rates and opportunity cost
(23:28) Outro
 
-- QUOTES --
- “You have one life to live so why slave away all life and then when you are to old to actually enjoy it that’s when you retire? [...] That whole mindset didn’t make sense to me.”
 
- “I knew I wanted a way to make my money work for itself and shares were an easy way to begin, because property was such a big thing at the time it wasn’t even in my vision yet.”
 
- “If a thousand dollars a year is going to worry you then you shouldn’t be investing anyway.”
 
- “If you don’t know what you are doing, use people that do.”
 
-- CONNECT WITH KURT --
📸 Instagram: https://instagram.com/kurt_cb
 
-- CONNECT WITH SANJEEV --
💼 LinkedIn: https://linkedin.com/in/sahsanjeev
 
-- FOLLOW INVESTORS DREAM --
👉 Website: https://investorsdream.com.au
📞 Book a call: https://investorsdream.com.au/bookcall
📸 Instagram: https://instagram.com/investorsdreambuyersagent
🌌 Facebook: https://facebook.com/investorzdream

Playing the long-term game - Amit Aggarwal

Amit Aggarwal is an accountant, mortgage broker, and property investor. Based in Melbourne, Amit has purchased three properties in the last 12 months, creating wealth for himself and his family. In this podcast conversation of Property Uncovered, he chats with Sanjeev about the key role of education when investing in property, why he decided to keep his property investments under different names, or how to ignore the short-term noise.
 
--- TIMESTAMPS ---
 
(00:00) Intro
(00:51) Amid’s background and his decision to invest in property
(06:11) Lack of education leads to fear
(11:10) The importance of setting the foundations right
(15:26) Understanding your options and their possible outcomes
(17:49) Playing the long-term game
(23:23) Choosing to use a buyer’s agent
(27:20) Amid’s mindset in the current volatile market
(30:47) Where we can find Amid
 
--- QUOTES ---
 
- “If you have a dollar, the bank can give you up to nine dollars to invest. Understanding those numbers being an accountant made sense to me. There’s no other asset class that you can leverage to that point.”
- “Once I understood the big picture game, events come and go. They do have an impact, but on a long-term strategy… these things will play out and get washed eventually.”
- “Fundamentally it’s buyers and sellers that define the market in the long run. Fear and greed kick in will define the nature of the market in the short term but overall I don’t believe these things have long-term ramifications for the market.”
- “No good investment will keep on going in one direction for the rest of your life. It is cyclic and it will remain cyclic.”
 
--- CONNECT WITH AMID ---
 
🌐 Website: https://amitaggarwal.com.au
📞 Book a call: https://amitaggarwal.com.au/booking/
📸 Instagram: https://instagram.com/life.beyondnumbers
🌌 Facebook: https://facebook.com/LifeBeyondNumbersAA
 
--- CONNECT WITH SANJEEV ---
 
💼 LinkedIn: https://linkedin.com/in/sahsanjeev
 
--- FOLLOW INVESTORS DREAM ---
 
👉 Website: https://investorsdream.com.au
📞 Book a call: https://investorsdream.com.au/bookcall
📸 Instagram: https://instagram.com/investorsdreambuyersagent
🌌 Facebook: https://facebook.com/investorzdream