Property Investment for Beginners AUSTRALIA (Guide to Buying a Rental Property) financial investment for beginners

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Property investment for beginners in Australia, can leave you overwhelmed by conflicting tips, steps or guides on how to start a rental property portfolio. I will go through the BASIC beginners guide to property investing in Australia (step by step, the things you need to consider before building a property investment portfolio).

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Many of the steps are familiar to common personal finance principles, but I’ll explain how this is important for a beginner property investor.

The first area is to set your budget so that you know how much free cash flow you have to purchase a rental property. While cleaning up your spending, it is important to consider paying down high-cost debt, because property returns will generally not exceed the costs of high-interest debt.

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As property investment is a long term investment, you need to get your partner on board and map out your life’s large expenses and impacts to free cash flow. Then speak to your partner about your goals for your property investment portfolio and any the anticipated impacts to your current financial situation.

Investing is all about small 1% improvements that add up and compound over time, so before you through an investment property into the mix. It is best to tidy up all your other investments at the beginning.

With the help of your budget, work out how much liquid assets and free cashflow you have to devote to a property investment portfolio.

Then once you’ve worked our your own direction consider speaking to a financial planner and finance broker. These two professionals are important in getting the right advice at the start.

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When you’re starting out in property investment, it is important to avoid sell-side advice. Also, a property investment strategy is never a one size fits all approach, the types of rental properties you will want to own will change at different stages in your file.

Then it is important to identify the types of property investment strategies (this can include being an active or passive investor). There can be a cashflow focused or growth-focused property investment.

The best way to work our which property investment method suits you at the beginning of property investing is to work out what stage you’re at in life and your core competencies.

Once you’ve worked out what method of property investment you’re considering, work on a basic property investment plan. This is handy to get your head around the expenses on the timeline of the investment. .

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Property Investment for Beginners AUSTRALIA (Guide to Buying a Rental Property)

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Property Investment for Beginners AUSTRALIA (Guide to Buying a Rental Property)
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39 comments

Kent Cliffe 28/09/2021 - 6:09 PM

Have more questions about property investment in Australia? Contact me here: http://www.kentcliffe.com.au

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Luke de Boer 28/09/2021 - 6:09 PM

I really like this guy.

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ggof 28/09/2021 - 6:09 PM

Second-best!!!

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ggof 28/09/2021 - 6:09 PM

My dad’s gonna invest his nearly a bass!!!

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Wakeup 28/09/2021 - 6:09 PM

Subscribed! Will view each video from now on. Thanks for the advice!

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john jiss 28/09/2021 - 6:09 PM

Brutally honest great Aussie video
Thanks mate

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The Freedom Pursuit 28/09/2021 - 6:09 PM

hey kent, have got you got any experience flipping contract options

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Rob S 28/09/2021 - 6:09 PM

Man that echo is bad. Good content though!

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Donna Segrest 28/09/2021 - 6:09 PM

Great video. Though I was a newbie, I made my first million investing with a broker from a reputable firm . forex needs your time and if you wish to pay attention to other things in your life I advice you invest with a licensed broker/expert, Thanks to Mrs. Rafaella Martinez she is the best .

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Matt Doyle 28/09/2021 - 6:09 PM

Just do cash in hand rent, transfer a property into a retired parents name while you work full time to avoid tax. Kent cliffe don't use the word smart

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Olga P 28/09/2021 - 6:09 PM

Great video thanks so much for sharing!

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Sarath S 28/09/2021 - 6:09 PM

Great video for a beginner mate! Covered a lot of key points. Thanks for that!

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Equality Disability and Health Care Services 28/09/2021 - 6:09 PM

Finally someone who is not trying to sell me their e-book

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finn sebastian 28/09/2021 - 6:09 PM

what about if im using an investment agent to buy my property and they recommend a turnkey property?

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Taplu Bambhos 28/09/2021 - 6:09 PM

Not only are you good at what you do, you're a good human being giving great life advise. Kudos.

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Rekke 28/09/2021 - 6:09 PM

Great video but left out a huge piece of the puzzle being serviceability

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Simone Stewart 28/09/2021 - 6:09 PM

Very succinct, no crap presentation.love it.

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Richie Rich 28/09/2021 - 6:09 PM

Just found your channel, love it. Thank you for the no B.S

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brad soltan 28/09/2021 - 6:09 PM

I’m more confused now then before watching the video

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Harry Boyle 28/09/2021 - 6:09 PM

After that intro, I know you’re a good bloke. Thank you very much

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Popi Ginis 28/09/2021 - 6:09 PM

Finally someone I can learn from without all the BS and selling. Thank you, I am grateful. Keep up the good work..PS I have subscribed 😉

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r cast 28/09/2021 - 6:09 PM

Hello Kent, thanks for your advice.

Do you have a summary list for this, its a bit to take for an absolute beginner? Thanks

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Carl Sundalo 28/09/2021 - 6:09 PM

Are you still alive?

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Shoaib K 28/09/2021 - 6:09 PM

This is amazing Kent.
I have been watching many property investment both passive and active advise for many many years. You are by far the best. You give actual tangible details instead of just generic high level stuff.
A video on how to find properties for undervalued, growth and cash flow using different datasets will be great .

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Matt Doeland 28/09/2021 - 6:09 PM

For a video about “Property Investment for beginners” there sure is a lot of jargon, terms & property buzz words.

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Sir Alucard 28/09/2021 - 6:09 PM

I'm not rich but I want to get ahead financially, thats why im here

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Mohd Shahnawaz 28/09/2021 - 6:09 PM

Thank you so much for this valuable information Kent. Absolutely loved this video:)

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Wilson Tips 28/09/2021 - 6:09 PM

Boi you are spitting knowledge off the brain without even thinking. Clearly know your stuff. I am going to watch the next video to create a property portfolio plan and strategy. If I could offer advice I would say, keep ensuring your videos end with clear TO-DO's. People are simple and when they finish the video they will look blankly at the end screen and think "… so now what…?" Maybe even make a digital checklist they can download for free with step 1. contact advisor step 2. speak to broker etc.

Also, keep the word 'Australia' in your video titles as all of us in Australia need advice that is not to be confused with the US. I only just found out last week that we cannot 1031 haha

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Samuel 28/09/2021 - 6:09 PM

Hi Mate. I’ve heard there are some benefits of running your investment properties through an ABN? Could you explain if this is correct and why it is beneficial?

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Yashar Zadeh 28/09/2021 - 6:09 PM

Believe me, I have subscribed. Pls fix the echoey sound. 🙂

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Wen San 28/09/2021 - 6:09 PM

Very valuable content and concise

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Ken Wong 28/09/2021 - 6:09 PM

How about Australian BRRRR? Hi Kent, I am super happy that we Australians finally have a good Youtuber on property investment. My questions below may be a good topic for your next youtube.
1) BRRRR property investment that works in USA/UK/Canada, may not work in Australia that we don't have 25-30yrs fix rate loan to minimize interest risk. How to offset this risk?

2) My plan is to hold the investment property as long as I could until I retire to minimize tax OR interest rate becomes too high to be covered by rent. Should I hold all the investment properties under the company? That allows high rental return property to offset the low one.
But properties hold by companies are harder to sell since fewer lenders are willing to lend?
3)For having 2 small cash-flow retail businesses, should I have the fixed interest rate Or the variable one, 0.5% higher than fixed one, with offset account?
I really appreciate your help.Thank you very much for your advice

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Tom Waters 28/09/2021 - 6:09 PM

11:35 could you just clarify here for me – what you're saying is that by never selling your initial asset, and using the equity you own in it as a deposit for asset number 2, there is no tax event, where as using positive cash flow from your initial asset to fund a deposit for asset number 2 will mean more total tax paid?

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Chad Rilcon 28/09/2021 - 6:09 PM

Is there a stage 2.5? DINK with first home but obviously no dependents and none planned?

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Visi Foketi 28/09/2021 - 6:09 PM

Hi Kent, I am happy to find your channel cos I am interested on investment property. I am watching your videos and learn some ways of dealing with buying property & collating infos that will help me. So thank you for sharing your experiences and knowledge. Love your work and keep it up.

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