All Posts by Jo Vadillo

Could Your Money Personality Be Sabotaging You?

Guest Blog by: Denise Duffield Thomas

You know the feeling you get when you do “that thing” around money AGAIN?

Spend wildly on a new extravagance even though bills are due…

Hoard every penny even though you really want to splurge on a vacation…

Forgo a spa treatment because your daughter really wants that new pair of designer jeans…

Whatever you do with money, I bet you don’t just do it once. Most of us have habits with money — some of which serve us, and some which definitely do not.

So we do “that thing” again, and inside we feel unhappy. It’s not that we don’t want to treat ourselves, or save up money, or buy our loved ones special gifts.

It’s just that we feel like we’re making money decisions on autopilot. Like we’re not in control of the situation, and we’re not so sure we’re crazy about the results of our actions.

Well, what if I told you that you have a unique “money DNA” which is where those habits come from?

Even better, what if I told you that you could “crack the code” on your money DNA and start to leverage your money strengths, while compensating for your weaknesses — so you could stop repeating that same old money story and start living a new one?

You might wonder if it’s even possible to have a brand-new money story, especially if you feel like your habits are deeply ingrained.

If so, I hear you. I TOTALLY used to feel that way. I wasn’t born into any special privilege, and I didn’t have strong money models growing up.

Today, I run a multi-million dollar business that’s touched the lives of tens of thousands of women around the world. There was a time, though, when I felt like maybe, despite the fact that I had big dreams and was putting a ton of hard work into them, I wasn’t cut out for the success I dreamed of.

When I started my business several years ago, I used to run goal-setting workshops around town. I’d print the flyers at home (that I designed myself on Powerpoint no less) and tack them up on café notice boards.

One day, while driving to give one of my workshops, the felt ceiling of my car fell down around my head. I was literally driving to a workshop to inspire others to have more, be more, and do more… and the roof of my car was sagging down around my ears.

I realised in that moment that my money life needed a reset. I already knew how to manifest lots of things and experiences, but when it came to money, things just weren’t going the way I’d planned. I started to think maybe I didn’t have it in me to create a thriving business from my passion — that maybe it was never going to be my turn.

All of that changed, though, when I discovered Sacred Money Archetypes®.

For the first time in my life, I got a glimpse of what was possible for me if I would just work toward my strengths, instead of battling my weaknesses.

And for the first time, I got answers about why I’d put so many seeming obstacles to success in my own path. Turns out they weren’t actually obstacles, but rather preferences that, with a few simple tweaks could be capitalised on in a BIG way.

What are Sacred Money Archetypes®?

Well, remember I mentioned “money DNA” a minute ago?

Sacred Money Archetypes® is the work (created by Kendall Summerhawk) that will help you unlock your unique DNA around money, so you can use it to your advantage instead of letting it silently sabotage you.

(And yes, I’m speaking figuratively here — I know this isn’t “the” DNA that makes up living things! It’s just as important, though — especially if you want wealth and success in your future.)

Within your unique money personality is the seed of a healthy relationship to money — a code just like “the other” DNA — with all the potential to create any level of wealth, freedom, and fulfilment you can imagine.

This means you are designed to succeed. You just have to know how to move forward with the right knowledge about how to take care of yourself based on how you naturally show up with money.

I’m SO thankful I discovered this about myself with the Sacred Money Archetype® work — because as soon as I knew how to work with my innate “money DNA” my business really started taking off, and I found that my old self-sabotaging habits fell away.

The change for me was so profound that I became a certified coach in Kendall Summerhawk’s Sacred Money Archetypes® method and for years, I’ve been teaching it only on private retreats and with my one-to-one clients.

(Totally secret!)

Until now.

For the first time ever, I’m bringing the Sacred Money Archetypes® training to YOU.

Best of all, you can get started absolutely FREE.

>> Take My Free Lucky Money Quiz Now to discover your unique Sacred Money Archetypes®.

The Sacred Money Archetypes quiz and training series is a brand-NEW offering and is the perfect complement to any entrepreneur’s journey.

Whether you’re just getting started or you’ve been building your business for years, the thing about your money personality is that it doesn’t change. Who you are at the start of your business is who you are 10 years in.

The key to breaking the habits that keep you from having ALL the success you really want, is understanding what makes you tick and knowing how to change it.

So, what about you? Are you still self-sabotaging around money?

Do you find yourself under-earning — or earning plenty but never knowing quite where it all went? Are you plagued with emotions like fear, guilt, or shame around money? Do you cringe when trying to decide how to spend it?

There are endless ways we sabotage ourselves with money, especially when it comes to growing our businesses. The truth is, though, YOUR way is simply related to your particular Archetype.

In fact, as part of the training, I’m revealing what MY primary Archetype is, as well as exactly how I’ve used this knowledge to work around my own imperfections (we’ve all got ‘em, gorgeous) and create a multi-million dollar business PLUS a relaxed lifestyle I love, with plenty of time for all the people and things that are most important to me.

You may be very interested to learn, for instance, that I have this ONE characteristic you’d probably never associate with being a successful, multi-millionaire entrepreneur!

(You’ll want to watch Video #2 in the series to see if you relate to this one.)

To get started, take the quiz HERE and discover how your money personality may be sabotaging you, and exactly what to do about it.

You’ll discover SO much about yourself and your unconscious money beliefs just by taking the quiz — but remember, I’m not stopping there, because after you get your results, you’ll automatically be enrolled in a free video training program to help you apply what you’ve learned straight away.

I know from experience how powerful it is to understand your unique ‘money DNA’ and leverage it in your life and business, so you can stop sabotaging yourself when it comes to money.

Honestly, it’s like pressing ‘reset’ on your money story! When you know what’s been holding you back, you can pave a brand-new path to a brighter future with the financial freedom and impact you really want (not to mention being able to manifest everything on your dream board).

I’m sooo thrilled to offer the Sacred Money Archetypes® training to you. I know it will be life-changing for you, and I can’t wait to see you “on the inside.”

It’s your time, and you’re ready for the next step.

Xx Denise

My Fabulous Goal Setting System

My Fabulous Goal Setting System

There are so many articles these days highlighting the importance of goal setting and why it is so valuable but where do you start?

I thought I would share with you what I do annually and quarterly.

I am not blessed with a lot of free time so I can’t sit on top of a mountain waiting for divinity or even factor in enough mediation to my life but I always make time to consider the focus of my life at the beginning of each year.

Can I just add that you can start any day – doesn’t have to be the first day of the year or even a Monday. Just start!

Vision Boards

From late December my brain starts working on the New Year plans.
Not always strategic thoughts but certainly ambitious.

I start to consider what I want to see evolve over the next 12 months. I tie-in personal life with business a lot because I am blessed to do something that I am hugely passionate about and that is a direct link to my great love of wealth creation through property investment and goal setting.

I have done the big colourful cardboard vision boards but as each year rolled on I found my exposure to pretty glossy mags diminished and my life is so much more immersed with digital offerings.

Powerpoint is my software of choice and I literally Google images until they resonate with me and cut and paste. You can use paper, cardboard, corkboard, whiteboard, word docs, whatever is the right fit for your brain – creative, analytical, practical or like me, time poor.









90-Day Action Plans

Each quarter I kick-start with itemising 5 major action points for the next 90-days. It could look like this:

1) Source really affordable plants to complete the landscaping
2) Get all trades lined up for the settlement date
3) Interview 3 local property managers
4) Speak to Broker about our current interest rates and what we can do to improve our financial position
5) Arrange for Quantity Surveyor to visit prior to EOFY

I do these action plans for business too and at the end of the 90 days I revisit them. You can set rewards for yourself if you achieve them – whatever motivates you, embrace it!

Property Women’s 90 Day Action Plan

Big Picture Dreaming

A business coach started me out on looking at really crazy fanciful long-term dreams. This is a really fun task and I suggest you give yourself 10 minutes uninterrupted and just type like mad.

At the top of a page or Word document write:

The Year is Now …….(insert 3 years from now for example) and my life is…..

Now just go crazy and write your ideal life. As far-fetched and remote as it feels today, let yourself get carried away. This is a great task if you feel like you are in a rut or a holding pattern.

Here is an example:

The Year is Now 2019 and my life is everything I have been working so hard for. We have just moved to the beach. I can hear the waves as I sleep at night.

The kids love their new school and I have quit full-time work and just manage our property portfolio.

We are building a new holiday house and I am sourcing furnishings for this. We plan to rent it out on Airbnb and stay whenever we want.

We have booked flights to Barcelona for the July School holidays….etc etc.

Accountability Buddies

I do have a select handful of people who I will tell about my lofty ambitions. I have friends in the property space and also other small-business owners who understand the hustle!

Finding an accountability buddy who will support you is really important when working toward a goal. Especially when you need a confidence pick-me-up, sounding board or a boot-up the proverbial!

At the same time, selecting someone who is better described as a Debbie-downer could actually un-do all the good mindset work you have been working on.

Maybe your Accountability Buddy is in fact 2 or 3 different people that can nurture various aspects of your life. Remember to give back too – you may not yet realise what an inspiration you already are to others!

Blessings for 2017!


What is a Fonzie Flat?

Speaking to someone born post-1985 , I say ‘you remember Fonzie don’t you?’…

Them: blink, blink

You know the show Happy Days?

Them: blink, blink….

Me: (grimace… as I realise how old I am and how old they are not)


Okay….so once upon a time there was this show called Happy Days which was about the all-American family the Cunninghams who had a boarder called Arthur “The Fonz” Fonzarelli who lived in a studio above their garage.

The Fonz was cool and a little bit ‘street’ with his leather jacket and ability to make a juke-box work just by punching it. His signature ‘cool’ look included 2 thumbs-up with an ‘ayeeeee’.

Fonzie flats are the new granny-flats! Building a studio above an existing garage for the purpose of creating an extra income is becoming tres-on-trend with planning permission in NSW relaxed and certain councils recognising our need for greater density housing around key pockets.

If you don’t have the room for a granny, do you have the room for a Fonzie?

This is about building up and access can be discreet.

Take a look at this example here in the inner-west of Sydney. Daring colour choice that just works on this heavily land-locked pocket just minutes from the CBD. If you are an early riser or late-shift worker you would have to consider the noise for car access but otherwise the Fonzie is a great earner!



Are you a Peter Pan?

Are you a Peter Pan? The new tribes of the property market.

July 25, 2016 from

Peter Pan
Debbie Schipp @debbieschipp

FORGET empty-nesters, newlyweds and nuclear families — a whole new set of social tribes are shaping how and where we live and what we live in. Think Social Singles, Peter Pans and the Home Work Tribe.
They’re the household groups dictating changes in everything from the housing market to business and transport.
New research by the Commonwealth Bank has identified 10 “tribes” that are emerging now, and by 2030 will be calling the shots.
For decades, Australia’s “tribes” have remained fairly consistent: flatting friends, newlyweds, nuclear families and empty-nesters.
But an evolving population, more higher-density living, increased multiculturalism and housing market dynamics are driving the formation of new groups, according to the CommBank Future Home Insights Series.
Commonwealth Bank executive general manager of home buying Dan Huggins said the emergence of the tribes would have a direct impact on how Australian property was built, renovated, bought and sold.
“We know that most of these groups have existed for some time, but the newest to emerge, and the ones that will have the biggest impact on how the home is set up in the future, will be the homework group, social singles and multigenerational clans,” he said.
“That social singles group is huge — and growing — it will be the biggest group by 2030 and the biggest part of the market.
Social singles are the fastest growing new tribe.
“For us it’s about understanding the needs of our customers and knowing how to meet those changing needs over time — it might be guarantor loans or split loans, and adapting our approach to how we service those markets to suit those customers.”

Social researcher Mark McCrindle said the new “tribes” told us a lot about who we were as Australians and were a departure from the standard way we thought about groups.
“Traditionally we think about tribe based on demographics and age,” Mr McCrindle said.
“This is a move to ‘psychographics’ — more social trends and attitudes and lifestyles. We are who we are not because of our age or family situation, but because of our attitude to life and how we view it, adjust and reinvent.”
He said people now moved through more varied life stages — it’s no longer as simple as childhood, to teenager, to adulthood.
“We have extended adolescence into the 20s thanks to the stay-at-home generation. A middle-years life stage has emerged,” he said.
“In the past people in their 60s were retirees. Now they’re ‘down-agers’ — younger than their years and reinventing themselves in their 60s and 70s.
“Politicians and businesses will need to understand and better engage with these groups and there’ll be new markets and services to meet their needs.”
Mr McCrindle said the new scribes had emerged because life markers had changed. Where the 20s was once the time for marriage and kids, the average age for giving birth is now 31.
“You have this extra decade that has created the social singles, and couples around for eight or nine years with no kids has created the DINKs,” he said.
“The retirement push back has seen the emergence of Peter Pans.”
So who are the 10 tribes?
The fastest growing tribe — 26 per cent of Australian homes will be single-person households by 2030. They want space easily set up for their work and life needs: reliable wireless technology, sliding separation doors and flexible building design. Their numbers will grow about two per cent annually, hitting three million households by 2030.
The DINKS prize entertainment, and inner city digs … when they’re home.
More couples under 45 are having children later in life or having none at all. DINKS (Double Income, No Kids) prioritise high incomes and entertainment, and feel the pull of inner city areas. DINK magnets in Sydney are Erskineville, Alexandria and Surry Hills. In Melbourne, DINKS want Kensington and Southbank. In Brisbane, they opt for Teneriffe, Fortitude Valley and Bowen Hills. Brompton is where it’s at for Adelaide, and Leederville in Perth.
Don’t feel sorry for them, smug homeowners. These people rent by choice and a third of them make up the rental market. They want the flexibility of renting where they want to live. They may prioritise lifestyle and travel over other financial commitments. This tribe includes young people, as well as professionals in higher-income brackets.
One in three workers employed will be on a freelance basis driving the need for flexible homes that can double up as the office. By 2030, with homes getting smaller, but with the home work tribe getting bigger, that will mean dual-purpose furniture: kitchen benches converting to work desks, and coffee tables becoming digital screens.
The rise in multiculturalism will see more extended families cohabiting with children, parents and grandparents all living under the one roof. Caring for family elders is still the norm in many parts of the world, and the multigenerational tribe puts family at its heart.

Like today’s nuclear families, in 2030 this tribe will still have two children on average — but everything else will be reinvented — thanks to the inclusion of everything from same-sex couples to surrogate parents. Internationally, nuclear families are turning to co-housing communities and multi-family residencies.
This group is on the rise. Born between 1954 and 1965, this generation of Baby Boomers will be aged between 65 and 76 in 2030. But forget about retiring from life. This young-at-heart tribe has no intention of slowing down and will live independently as long as possible, enabled by the latest technology.
Members of the city switcher group are choosing the regional lifestyle over city life. That’s made easier by technology and regional transport links.
In 2030, people may choose shared accommodation at a later stage in life to rent with like-minded people. Many homeowners are also becoming midlife flatmates, realising empty spare bedrooms can generate rental income, either casually (think Airbnb) or by taking in a long-term tenant.

With an influx of new developments and high-rise apartments expected in some capital cities, property accumulators of the future will need to be more sensitive to the needs of the household tribes that inhabit their properties.
With the new tribes will come new demands — and freedoms — in architecture, says Australian Institute of Architects NSW chapter president Shaun Carter.
“We won’t be necessarily bound to the social norms and structures that formed our past,” he said.
It will see new trends including adaptive architecture, under which homes will be built with reconfiguration and adaptation to changing lifestyles and budgets in mind — think flexible floor plans, sliding walls and mechanical ceilings.
Health and well-being homes won’t just protect you from the elements, they’ll actively make you feel better — assessing heart and breathing rates and mood when you walk in, and adjusting light and music to suit, as well as reminding you to be more active, helping “Peter Pans” live independently for longer.
Closed-loop homes by 2030 are forecast to operate as self-sufficient ecosystems, generating their own electricity, getting rid of waste and recycling water.

21 Mistakes Investors Make

And How You Can Avoid These Mistakes

“Experience is simply the name we give our mistakes.” Oscar Wilde

Mistake 1: Not Getting Educated

We pay thousands and thousands for Academic education  over $40,000 is not uncommon… so we can get a ‘good’ job .  But many are reluctant to pay a fraction of that to get educated to invest in property.   There are courses specifically for development, renovating etc. but what is really lacking is the the fundamental information …. It’s the education you need so that you head off in the right direction.

We are not talking about courses to become a real estate agent, property manager or financial planner we are talking about education that teaches you the fundamentals like where do you start? Who do you need on your team? How do you research and do your due diligence? What investment strategies are out there?

It’s up to you to look after yourself and your own money – KNOWLEDGE IS POWER!

We’ve found you also need Inspiration and the right Network so that you use that education and put it into Action!  And that is why Property Women was created to provide YOU with non biased education, inspiration, networking  opportunities in a fun, supportive environment.

Mistake 2: Not Having a Strategy

If you don’t have a plan and a strategy to work towards you may find that you either do nothing or you follow someone else’s strategy. A strategy that is not Right for YOU – the only way to avoid this is to find out what strategies are out there and what strategy is going to suit you the best.

Mistake 3: Not taking ACTION!

No time?  What will you sacrifice?

Write down 5 Property Goals now.

Switch off the TV – use that time to start actioning those goals NOW!

Mistake 4: Trying to Do it All Yourself

Multi-tasking is fine but not focused action and you don’t need to be superwoman!  How long does it take to clean your house?  What if you dedicated that time to building your property portfolio or a business…would the price you pay for a Cleaner be small in comparison to the time you save, the stress you reduce, and the profit you could make with focused action on wealth creation?

If you don’t have the necessary skills to do a particular task then it is must better to enlist the help of someone who does!

Take some time to work out what your strengths and weaknesses are: then beside each of your weaknesses write down a professional or person who you could outsource this task to and then do it!

Mistake 5: Not Believing You Can Do It!

So many people just give-up as they start to believe they can’t achieve. Like Henry Ford famously said

“Whether you believe you can do a thing or not, you are right.” 

When you hear the negative mantra in your head you need to shut it down. Its like the nagging desire for a cigarette when you are trying to quit or the temptation of dessert when you are trying to lose a little….break the cycle and turn the temptation around from negative to positive.

Think of affirming speech patterns like ‘I believe I can achieve’…now add those 5 goals you wrote down earlier.

I believe I can buy an investment property every year for the next 10 years, I believe I can renovate on my own, I believe I can do this on my salary etc.

‘You need to Believe to Achieve’ – it is a baby step but having a little faith if yourself is going to get you everywhere.

Mistake 6: FEAR – Letting FEAR Stop you…

So worried about making a mistake that you don’t make a move is something that a lot of first time investors have to overcome.

Sure … You may have a ‘gut’ feeling about something and that needs to be taken seriously. But if you look at a house and think you wouldn’t want to live there … does that mean it wouldn’t be a good investment?

Fear has two meanings…

Forget Everything And Run


Face Everything And Rise

Challenge yourself to face the fear and do it anyway! This is true for many things in our lives. ACTION will always set you free from the fear.

Mistake 7: Holding onto Something that Isn’t working for Too Long

Have you heard of something called the “Spider Monkey Trap”?

Hunters in South America trap spider monkeys by filling special jars with very narrow openings with special treats that the monkey’s love. The monkey comes along and is easily able to slip their hand into the jar, however when they grab the treat their fists become too big to extract the treat and their hand and the jar is too heavy for them to carry it away.  Instead of letting go of the treat and running away the monkey just sits their until the hunters come and collect them.

Are you holding on to something that is never going to give you the return your are after? If something isn’t working let it go and move on to your next adventure before your lose more than you bargained for.

Mistake 8: Having the Wrong Structure

Starting out holding the property in the wrong structure can greatly impact on many factors.  Your structure should be determined by the strategy you are planning on implementing, your financial position and if you will costly to change. Strategy related / financial position related / If you’ve made a mistake on this one you may be better to leave the mistake as is.

So the key here really is to get the structure right in the first place and the best people on your team to speak to are your accountant and your solicitor.

Mistake 9: Not Taking Care of your Cashflow

Not tracking your cashflow is a big mistake investors make – when’s the last time you increased your rent? … lots of properties equals lots of missed rent.

Other cashflow monitoring tips include:

  • Finance – check regularly at least once a year to see if refinancing might save you some money
  • Keep on eye on the Property Management Statements
  • Check your water rates make sure you are getting everything you are entitled to from your tenant.

Mistake 10: Being over optimistic with your assumptions

“I can’t lose on this Property!!!!” …don’t be blinded by positive emotion or frozen by fear… Get educated about what you need to know to make an informed decision …. Make a decision and make the decision right.

Mistake 11:  Over Analysing

Analysis Paralysis …I spend so long analysing a property I never get to buy one!  Answer ….stop it!  Write out a list of criteria you need to check … tick them off and then take action!   Or get a coach!

Mistake 12: Not Crunching the Numbers Properly

It’s important that you take the time to crunch all the numbers there are some great tools out their including PIA software to help you do this.  You can get a copy of the PIA software from our shop.

Mistake 13: Not Doing Your Due Diligence Upfront

Not doing the due diligence and research properly can cost you in may ways.

The more information you have the better informed you’ll be when you start negotiating on the property for example.

Things that help with negotiation include knowing what else in on the market, how long your property has been on the market when it was last sold and for how much.

Other things you need to know is how much rent your can achieve, if you can add value and how much that might cost, if you can do the subdivision or development your are thinking of doing etc.

Take the time to really know the area you are buying in, the property you are buying and who your target market is going to be.

Property Women do have a group license for RP DATA that we share with our members if you want to find out more send an email to

Mistake 14: Not Starting Early Enough

We all wish we had of started earlier , but alas that time has past so now the best time to start is TODAY – don’t look back in 10 years and wish you had started 10 years ago!

Mistake 15: Not Managing your Credit History

Your credit history is your ticket to getting more and more finance – you need to make sure you have your credit history intact – did you know that if you don’t pay your telephone bill on time the telephone company can now add this to your credit file which won’t look good to your new lender.  Make sure you pay your bills and credit card on time and you should be fine.

Mistake 16: Abusing Your Line of Credit

Be careful with your line of credit – if it is an investment line of credit only use it for investment purposes.

Mistake 17: Not Organizing Finance Before you give up your Day Job

A lot of investors decide that their investing is going so well that they can give up their day job and concentrate solely on Property. Its a great place to be…but make sure you get all your loans for the next projects before you quite your job, otherwise you may find that you cannot borrow anymore because your serviceability has gone way down.

Mistake 18: Talking to the Wrong People too Early and the Right People too Late!

Not surrounding yourself with like-minded people, listening to the wrong people and not assembling the right team are all mistakes that can be avoided.

So who are the wrong and right people anyway?

Firstly stay away from the naysayers they will only instill fear into you no matter how good the property is – stick with like minded individuals who are already investing in property.

Some of the wrong people may include: Friends who are not investing, Family members who are not investing and don’t laugh the Taxi driver – the Taxi driver always has an opinion on the property market but if they aren’t investing then I suggest you don’t listen to them.

Some of the right people include: Property Women (we have a wonderful network of women who are investing in property that love to support other women), Broker, Accountant, Buyers Agent, Solicitor – learn from those who are walking the walk not just talking the talk!

Mistake 19: Buying in the wrong area

It’s important to do your research.

The wrong area is normally an area that is:

  • Isolated
  • Away From Infrastructure
  • Not where Tenants want to live
  • Not near employment
  • In a noisy or dirty location
  • Near bad neighbours

A good area on the other hand is an are that is:

  • Close to Amenities
  • Close to work
  • Where Tenants like to live
  • Location with good resale potential
  • Good growth potential
  • Opportunity to add value

Mistake 20: Believing everything the Real Estate Agent Tells you

Remember who the real estate works for, he/she works for the vendor so they want to sell the house to the highest bidder.  Make sure you know everything about the property from your own or a trusted team member such as a buyers agent observations.

What the agents says is not always what they mean…here are some funny examples we’ve come across.

What the Agent Says

  • Needs TLC
  • Original Condition
  • Its had a few nibbles
  • STCA
  • Spoken to Council
  What the agent means

  • Falling Down
  • Needs Lots of Work
  • Riddled with Termites
  • Doesn’t have a clue
  • Chatted to the guy on the front desk

MistakeWhat the ad reads:

Knock down rebuild


What the agent doesn’t know:

It’s a great renovation project


Mistake 21: Not Making any Offers

You never know if you’ll get the property for the price that works for you if you don’t make an offer.  If you’ve done your research and you are happy to go ahead make sure you submit your offer.

Happy investing

Top ten tips to finding positive cashflow properties

Rachel Barnes and her partner accumulated a staggering 75 rentals within 64 months. This feat was made possible by locating and buying high yielding cashflow positive property. No prizes for guessing what the most common question people ask Rachel … how do you find positive cashflow property?

Here are Rachel’s top cashflow positive tips:

1. Know what you’re looking for!
The first thing you need to define is, what sort of return do you need to make a property positive cashflow.  This may depend on your income, your tax position, and your level of comfort with debt.

2. Debt funded Positive Cashflow options
If debt is something you’re comfortable with, and can manage well, you may consider using equity to fund the short-fall in high growth potential properties. Make sure you understand the pros and cons of this sort of strategy well though, before you choose this option.

3. Check Statistics  – eg Australian Property Investor Magazine
API often provide Statistics showing Average rental returns for most areas.  If you find the highest ‘average’ and then research properties in that general location or just outside of it, then you have at least a starting point to work from.

4. Trawl The Net
The ability to find properties all over the world and even in your own backyard with the resources available online is magnificent.  You have the ability to shop and research 24×7 which gives you fantastic opportunities.

Searching for specific property types, prices, locations, and styles of housing can provide very efficient use of your time.  Use alerts (as long as they are instant) to get new listings within your search criteria delivered to your inbox instantly. is ideal for this option.  When searching consider:

  • Look for lower value properties (often the best returns)
  • Blocks of Units
  • Motels / Hotels / Boarding Houses

5.  Use Google Earth
This is a fantastic free program which helps you survey an area using satellite technology.  It’s great for looking at properties which aren’t in your backyard.  You can get a fair idea of the layout of the area and look at the properties you’ve found on the Net.  The layout of the land might show you potential for increasing the cashflow of the property.

6. Talking to all Agents in the Area
Talking to all or at least a number of Real Estate Agents in an area can give you an overall picture of the area, help you understand the growth potentials relating to the local economy and what areas potentially to avoid.  However, sometimes the areas they tell you to avoid can still be good to invest in.

  • This can be done completely remotely by telephone and email. Many agents are tardy in responding to emails so an initial telephone call would be more effective usually with a follow up by email. If you leave a message, make sure you are ready for their call and know the information you’re seeking.
  • It is sometimes more rewarding to have face-to-face conversations which gives you the potential to establish good rapport.
  • When dealing face-to-face always have a business card with you to introduce yourself as a professional investor and leave it with them when you go in case something comes up that might suit you.  Having specific buying criteria on the card and even your picture can really help them keep you in mind for future property listings.

Having a script ready is always good so that you make the right first impression.  You need them to feel confident that you are a serious buyer and know what you want.   Be specific in what you’re looking for – this will help them understand what a ‘good investment’ is to you!

7. Talk to the Property Managers
If you’re looking to be a Landlord then these are definitely the people to speak to – they’re dealing with Landlords and Tenants daily. They understand where the tenant demand is, what they’re likely to pay for specific style and location of housing.

Important questions you can also find out is if they know any Landlords considering selling?  Are there any problem properties where an existing landlord might be motivated to sell and where the property manager would love to have a new Landlord improve the property to make tenancies easier and less hassle.  Perhaps you could be their solution!

8. Network with other Investors
Investors often find out about changing areas – where you might still get a relatively low entry level with a good rental return and have the potential for unusual capital growth.

9. Make ‘Ridiculous’ offers
If you find a property that has a higher than usual return or potential but still doesn’t fit your specific criteria – calculate what price you could pay to have it work for you and make an offer.  It may seem like a ‘ridiculous’ offer but what do you risk? Remember it’s the offer that could be rejected – not you!

If a property has been on the market for a while or a Vendor is particularly motivated to sell quickly you’ve got a much better opportunity to get the property at a good price – and therefore a better return. Investing is all about numbers – the more offers you make, statistically you’ll eventually be successful in having one of the accepted.

10. Look for ‘Unusual’ properties
Consider unusual properties where you can potentially get a better than average yield for example:

  • Old ‘Queenslanders’ or other properties that can be renovated and turned into 2 or more separate living areas
  • Consider Granny flats as a potential for double tenancies
  • Consider old Motels that might be able to be renovated to provide individual permanent rental accommodation
  • Be creative – check out the 13 ways to turn negatives properties into positive cash flow at the Property Women Workshop currently touring the country.