Podcast thumbnail for Establish Wealth

Establish Wealth

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by Tiffany & Toby

5.0(2 reviews)
17 episodes
Updated Weekly
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Podcast Overview

Establish Wealth is a podcast for people looking to create financial freedom through property, finance, investing and everything in between. Hosted by Tiffany and Toby, the hosts are partners in both business and life, they own a mortgage broking company and are married with two kids. they are both property investors, mortgage brokers and financial educators. They strive to empower and educate people to understand their finances, enter the property market and invest in the property market and to set themselves up for the future and establish wealth.

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Publishing Since

5/17/2024

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Recent Episodes

Episode thumbnail for Episode 15 - End Of Season 1 Entering the Property Market Recap

August 30, 2024

Episode 15 - End Of Season 1 Entering the Property Market Recap

<p><strong>End of Season 1: Entering the Property Market Recap.</strong></p> <p><strong>Description:</strong></p> <p>In this final episode of our first season on <em>Established Wealth</em>, we’re tying together all the essential steps in purchasing a property, whether you’re a first-time listener or have been with us from the start. Hosts Tiffany and Toby provide a comprehensive recap, from laying the groundwork with financial health to crossing the finish line with settlement and beyond.</p> <p><strong>Key Takeaways:</strong></p> <ol> <li> <p><strong>Financial Foundations:</strong></p> <ul> <li>The importance of establishing an emergency fund before diving into property ownership.</li> <li>How budgeting and developing good money habits set the stage for financial success.</li> </ul> </li> <li> <p><strong>Borrowing and Mortgage Prep:</strong></p> <ul> <li>Understanding your borrowing capacity, serviceability, and the "5 Cs of Credit" that lenders use to evaluate your loan application.</li> <li>The crucial role of mortgage brokers in navigating lender policies and securing the best deal.</li> </ul> </li> <li> <p><strong>Exploring Grants and Lender Options:</strong></p> <ul> <li>Insights into government schemes like the First Home Loan Deposit Scheme and guarantor loans, and how they might (or might not) benefit you.</li> <li>Tips for selecting the right lender based on your unique financial situation.</li> </ul> </li> <li> <p><strong>The Homebuying Process:</strong></p> <ul> <li>Setting a realistic budget, considering all costs from legal fees to moving expenses.</li> <li>The value of using a buyer’s agent, especially for auctions and off-market properties.</li> </ul> </li> <li> <p><strong>Finalizing the Purchase:</strong></p> <ul> <li>Navigating the settlement phase, organizing your move, and the excitement of becoming a homeowner.</li> </ul> </li> </ol> <p>As we wrap up Season 1, don’t forget to send in your questions or topic suggestions for next season through our social media channels. We’ll be back with more valuable insights to help you on your path to <em>Established Wealth</em>.</p> <p><strong>Contact Us:</strong><br /> Website: <a href= "https://www.establishedwealth.com.au">www.establishedwealth.com.au</a></p> <p><br /> Email: <a href= "mailto:toby@establishedwealth.com.au">toby@establishedwealth.com.au</a> | <a href= "mailto:tiffany@establishedwealth.com.au">tiffany@establishedwealth.com.au</a></p> <p><br /> Instagram: Toby_EstablishWealth | Tiffany_MortgageBroker</p> <p><br /> Download E-Book: <a href= "https://www.establishedwealth.com.au">www.establishedwealth.com.au</a></p> <p><br /> Australian Credit Licence: 389087</p> <p><br /> ASIC Authorised Credit Representative Number: 559315</p>

Episode thumbnail for Episode 14 - Making an Offer: Navigating the Post-Acceptance Process, Cooling-Off Periods, and Special Conditions

August 16, 2024

Episode 14 - Making an Offer: Navigating the Post-Acceptance Process, Cooling-Off Periods, and Special Conditions

<p><strong>Making an Offer: Navigating the Post-Acceptance Process, Cooling-Off Periods, and Special Conditions</strong></p> <p><strong>Description:</strong></p> <p>In this episode of <em>Established Wealth,</em> hosts Tiffany and Toby take you step-by-step through the crucial process of making an offer on a property, what happens once it's accepted, and the key details about cooling-off periods and special conditions that every buyer should know. Whether you're a first-time homebuyer or a seasoned investor, this episode is filled with practical insights to ensure you make informed decisions and avoid costly mistakes.</p> <p><strong>Key Takeaways:</strong></p> <p><strong>Making an Offer on a Property:</strong> Tiffany and Toby kick off the episode by discussing how to make a strong, serious offer on a property. They highlight the importance of submitting an offer in writing and ensuring both parties sign a contract of sale to make it legally binding. They also explain why consulting with a solicitor early in the process is crucial to understanding your rights and obligations.</p> <p><strong>Signs Your Offer Is Being Considered:</strong> The hosts share four telltale signs that indicate your offer is being seriously considered by the seller, including requests for proof of funds and counteroffers. These indicators can help you gauge where you stand in the negotiation process.</p> <p><strong>Understanding the Cooling-Off Period:</strong> Delve into the complexities of the cooling-off period, a critical stage in the property buying process that allows you to back out of the deal under certain conditions. Tiffany and Toby explain how this period works, its timing, and why it's essential to have professional legal advice during this time.</p> <p><strong>Real-Life Case Study:</strong> Toby shares a real-life example of a client who made an offer on a property without having pre-approval, leading to a highly stressful and risky situation. The story underscores the importance of securing pre-approval before making an offer, as well as the potential consequences of not doing so.</p> <p><strong>The Role of a Mortgage Broker:</strong> The episode highlights the vital role a mortgage broker plays in guiding clients through the property buying process. From obtaining pre-approval to managing complex situations like extended cooling-off periods and special settlement conditions, Tiffany and Toby showcase how a broker's expertise can be the difference between a successful purchase and a lost deposit.</p> <p><strong>Tips for a Smooth Property Purchase:</strong> Tiffany and Toby wrap up the episode with practical advice on ensuring a smooth property purchase. They emphasize the importance of early engagement with a mortgage broker, understanding the full scope of your financial capacity, and being prepared for unexpected challenges.</p> <p><strong>Contact Us:</strong> Website: <a href= "http://www.establishedwealth.com.au" target="_new" rel= "noopener">www.establishedwealth.com.au</a><br /> Email: <a rel="noopener">toby@establishedwealth.com.au</a> | <a rel="noopener">tiffany@establishedwealth.com.au</a><br /> Instagram: Toby_MortgageBroker | Tiffany_MortgageBroker<br /> Download E-Book: Establish Wealth E-Book<br /> Australian Credit Licence: 389087<br /> ASIC Authorised Credit Representative Number: 559315</p> <p>If you have any questions or topics you'd like us to cover, feel free to reach out. Don’t forget to subscribe and leave us a review!</p>

Episode thumbnail for Episode 14 - Top Performing Real Estate Agent Luke Morrison Shares Tips for Successful Property Buying and Selling.

August 9, 2024

Episode 14 - Top Performing Real Estate Agent Luke Morrison Shares Tips for Successful Property Buying and Selling.

<p><strong>Top Performing Real Estate Agent Luke Morrison Shares Tips for Successful Property Buying and Selling.</strong></p> <p><strong>Description:</strong> In this episode of <em>Established Wealth</em>, hosts Tiffany and Toby sit down with one of Newcastle’s top estate agents, Luke Morrison, who has sold over 90 properties this year already. Luke shares his journey from starting in admin to becoming a leading agent in the competitive real estate market. The trio dives deep into the strategies that make Luke successful, offering listeners a masterclass in how to navigate the property market, whether you're buying or selling.</p> <p><strong>Key Takeaways:</strong></p> <ol> <li> <p><strong>Luke's Real Estate Journey:</strong> Luke discusses his path into real estate, starting from his early days in admin to becoming a lead agent. Hear how he overcame challenges and developed the skills that have made him a top performer.</p> </li> <li> <p><strong>Understanding Buyers:</strong> Learn the critical importance of qualifying buyers at open homes. Luke explains the right questions to ask and how understanding buyer psychology can help in closing deals efficiently.</p> </li> <li> <p><strong>Building Strong Buyer Relationships:</strong> Discover the strategies Luke uses to build rapport with buyers, ensuring they feel valued and understood. His approach to nurturing these relationships is key to his success.</p> </li> <li> <p><strong>Market Trends and Buyer Behavior:</strong> Tiffany and Toby explore how market trends, such as the end-of-financial-year rush, affect buyer behavior and what agents can do to keep deals moving in slower markets.</p> </li> <li> <p><strong>The Importance of a Strong Team:</strong> Luke highlights the benefits of working with a dedicated team that complements each other’s strengths. This synergy allows for personalized service that caters to different buyer personalities.</p> </li> <li> <p><strong>Pre-Market and Off-Market Sales:</strong> Understand the concept of pre-market sales and how Luke uses off-market opportunities to secure deals before properties hit the broader market.</p> </li> <li> <p><strong>Expert Tips for Buyers:</strong> Luke shares his top advice for buyers entering the property market, including how to interact with real estate agents and what to look for during inspections to make informed decisions.</p> </li> </ol> <p>Join Tiffany, Toby, and Luke as they uncover the secrets behind successful property transactions, providing valuable insights for both buyers and sellers looking to navigate the real estate landscape.</p> <p><strong>Contact Us:</strong></p> <p>Website: <a href="http://www.establishwealth.com.au" target= "_new" rel="noreferrer">www.establishwealth.com.au</a></p> <p>Email: <a rel="noreferrer">toby@establishwealth.com.au</a> | <a rel="noreferrer">tiffany@establishwealth.com.au</a></p> <p>Instagram: Toby_MortgageBroker | Tiffany_MortgageBroker</p> <p>Download E-Book: <a href="#" rel="noreferrer">Establish Wealth E-Book</a></p> <p>Australian Credit Licence: 389087 ASIC Authorised Credit Representative Number: 559315</p> <p>Feel free to reach out if you have any questions or topics you'd like us to cover. Don't forget to subscribe and leave us a review!</p> <p> </p> <p><strong>Contact Luke Morrison:</strong></p> <p>Instagram: LukeMorrison_BelleProperty</p> <p>Email: <a href= "mailto:Luke.Morrison@BelleProperty.com">Luke.Morrison@BelleProperty.com</a></p> <p> </p>

17 total episodes available

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Frequently asked questions

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What is Establish Wealth?

Establish Wealth is a podcast for people looking to create financial freedom through property, finance, investing and everything in between.

Hosted by Tiffany and Toby, the hosts are partners in both business and life, they own a mortgage broking company and are married with two kids. they are both property investors, mortgage brokers and financial educators. They strive to empower and educate people to understand their finances, enter the property market and invest in the property market and to set themselves up for the future and establish wealth.

How often does this podcast release new episodes?

This podcast updates weekly.

Where can I listen to this podcast?

This podcast is available on 6 platforms including Apple Podcasts, Spotify, and more. You can also use the RSS feed directly.

Does this podcast accept guests?

Yes, this podcast regularly features guests.

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