The PRWIRE Press Releases https:// 2018-11-21T03:27:15Z The Sweet Spot Between Higher Yield and Strong Growth 2018-11-21T03:27:15Z the-sweet-spot-between-higher-yield-and-strong-growth Finding the investment sweet spot between higher yields and capital growth became a personal crusade for Jacob Field when he hit a wall in his early days of portfolio building. Shut out of the property market for two years, Jacob and his partner Anna used the time to thoroughly research the state of play within wider New South Wales. The investment parameters they developed during that period - understanding the value proposition of what makes people live in an area and why, along with how much they’re prepared to pay to buy or rent there - became the basis for Jacob’s disruptive technology platform, Ripehouse. Now a key player in artificial intelligence asset selection, wealth builders utilising this innovative investment tool are reporting an average of 18.7% growth over a 12 month period.  "With Ripehouse you’re able to source property more strategically, purchasing like the top 1% of wealth builders who can keep going with their portfolios regardless of the environment." Q: When did you first start investing and what do you love about property? A: I started investing very early, before my 21st birthday actually. We didn’t necessarily have a lot of money growing up so I was quite ambitious to save and build wealth for myself from an early age. I turned towards real estate after reading ‘More wealth from residential property’ by Jan Somers. It appealed to me that I could use other people’s money in property to increase my asset base and step forward more quickly. I was a good saver and quickly bought two properties in Hobart which did really well off the bat. In the one year period from 2004-05 property went up 45% there which was a great start. After that I was obviously in love with property! Q: In your early days of investing did you come across any challenges or hit a wall? A: When I migrated to Sydney from Hobart with my soon-to-be-wife Anna we were both very keen to continue to invest. We’d moved there for employment and wanted to leverage that into continuing to build our portfolio. I had a network of friends in the property game and on their recommendation we looked at Mt Druitt in western Sydney. We found something that looked great on paper and was priced really well for the street but when we went out to an Open Home we realised the locals had knocked the back fence down. They’d made the property into a thoroughfare between a housing estate and the train station, with really quite intense foot traffic and it was obvious that it wouldn’t be at all suitable. I was a bit rattled after that experience when it came to knowing how to find the right investment for our needs. Q: What realisations helped you overcome these difficulties? A: I’ve got an analytical and technical background so we went back to basics gathering data and crunching numbers. It took us a good two years of researching - not just looking at data, but we literally went to a different suburb every weekend. We found that going and having breakfast in a suburb on a Saturday was a great way of understanding who lived there and why. We did that across the whole of New South Wales - into a lot of regionals, there were no shortcuts taken. We avoided analysis paralysis and gained confidence by developing our own framework for assessing and comparing these suburbs, along with the individual properties within.  Q: Describe your aha moment when you knew property was still the best path forward for you.  A: When I could quantify value that was the real aha moment - understanding why people paid what they did to buy or rent in a particular area, it was possible to step outside the comfort zone of our local area. Comparing apples with apples like this was when it really clicked for us. We were then able to position ourselves just before really strong growth in the Newcastle area, where we bought a large developable block. Subsequently, we’ve continued to purchase in multiple states. Once we got the process right we were able to rinse and repeat, over and over again. A natural evolution of the framework Jacob developed for selecting potential investment properties, Ripehouse started out as an advanced research tool to help better understand locations throughout Australia. It worked as a mapping guide looking at where shops, schools, public transport and public housing were located, assessing how they impacted on value and contributed to growth. Key to strategic property selection Ripehouse has also come to the fore under APRA’s tighter lending criteria, with real gains over the short-term enabling investors to keep borrowing and adding to their portfolios.  Q: What led to you founding Ripehouse in 2011? A: I had a strong technical background professionally and founded Ripehouse on the premise of trying to understand these locations whether they were in Darwin or Sydney or Perth or Hobart. I shared it with my network and got a lot of positive feedback about the initial framework. I realised how powerful it would be to share the technology to the wider market, helping investors to find the optimum State and Local Government Areas for their individual needs - set to deliver results from day one. I saw that through Ripehouse, investors could find suburbs and streets within them that were leading the growth forward, understand the dead spots within a suburb and then the individual properties that people were demanding. Q: How does Ripehouse work? A: We try to be quite innovative with what we do, providing commentary, research reports and analysis tools. We try and understand the value proposition and where the best areas to generate the best returns in the country right now for what you’re trying to do as an investor. It’s all about providing these tools and research to investors to help them develop the confidence to do push outside their comfort zones, not look next door but across the country to where those absolute top returns will be generated. We want to position ourselves just before a boom before everyone knows about an area, which is where you get that really strong growth. Ripehouse is really good at helping you do that, meaning you can negotiate really hard on a property and buy typically 7% under market. Combined with average growth of 18.7%, the number that keeps coming back to us is 25% improvement in value of that asset in a 12 month period. Investors are then able to take that 25% and move that into another asset around the country. APRA has brought a sledgehammer to a lot of investors’ plans - with Ripehouse you’re able to source property more strategically, purchasing like the top 1% of wealth builders who can keep going with their portfolios regardless of the environment. Q: What type of investors does Ripehouse work best for? A: Generally our investors fall into three main categories, the first of which is investors trying to build net worth and develop that asset base. The next phase people may be going into is a lifestyle investor, so they’re looking at winding down work - not necessarily older, they still may be in their 30s, but wanting to move into part-time work. They’ve got an asset base now, have a family, and want to reap the fruits of their portfolio. Their assets may not necessarily change but they might move into larger, developable blocks where they can get a bit more creative while retaining a focus on growth and yield. A retirement investor then is where things start to definitely change, where you might have a lot of equity on the table and can go into two directions: people might sell down assets and really hold those long-term stayers to secure their retirement, or they might sell down assets into yield, chasing cash flow. The default strategy for most people coming into Ripehouse is that net worth, lifestyle category, where people are looking for the best of both worlds with high growth, high yield property and they’re willing to invest across the country. AI Powered Network of Buyers Agents Tackle Market Downturn 2018-11-21T02:56:28Z ai-powered-network-of-buyers-agents-tackle-market-downturn As property markets in Sydney and Melbourne, continue to decline, investors are facing the prospect of having to look outside their own backyard to find new opportunities. For industry professionals, such as buyers agents, it’s not a quick or easy change to make, as many specialise in particular areas or cities. Fortunately, new technologies powered by Artificial Intelligence are making it far easier to identify emerging suburbs and areas with the potential for rapid growth. A growing network of buyers agents, currently 10, are opting to delegate their entire research and property selection to one such technology, nationwide AI research platform, Ripehouse Advisory. According to Ripehouse Advisory CEO Jacob Field, "Buyers agents who are committed to sourcing high performance property for their clients, in the current market need to be able to look beyond Melbourne and Sydney.” Field suggests that buyers agents are partnering with Ripehouse Advisory because it allows them to purchase high performance properties for their clients from across the nation with confidence as the results since 2015 have been incredibly strong. “Over 90% of the investments purchased for clients generate more than 15% equity in the first year,” said Jacob Field. Approved partner, Sydney buyers agent Julie Crockett said, “It is this track record of success that clients really respond well to. Being able to demonstrate past results of strong near-term growth, helps clients feel comfortable investing in unfamiliar locations.” “As a buyers agent, I’m always asked ‘where is the best place to invest now?’ Ripehouse Advisory helps me to answer this question," said Julie Crockett. While the Ripehouse Advisory network is rapidly growing, Field is quick to point out that the partnership is available only to approved buyers agents. “There needs to be an alignment, a shared commitment to the client and their long term wealth creation. “By partnering with the best buyers agents in the business, we can combine cutting-edge research and give it the human touch, to ensure the best client investment outcomes,” said Jacob Field. Investor in focus: Guy Williams, part two 2016-12-23T05:26:46Z investor-in-focus-guy-williams-part-two Ten properties in ten months Following on from our first interview with Guy Williams where he talks about his property investment strategy, we sat down again with this incredibly successful investor to find out more about the means by which he has achieved such great success.  Speaking candidly about how he overcomes his fear to make confident decisions when purchasing, he shares with us the mechanisms by which he has ramped up his property search of late to purchase ten properties in the last ten months. Guy's Fast Facts: Since July 2015, Guy has used Ripehouse to research and purchase 10 properties. He uses the street level research to position his purchases in the key Ripehouse Sweetspot streets, primed for imminent growth - streets placed firmly in the BUY recommendation territory. Across these 10 properties he has achieved 25% annualised growth on purchase price. His cash on cash return is far higher, over 105% assuming 80% LVR across all purchases. What has it cost Guy to hold these investments? His average yield across these 10 properties is 6.25% - firmly placing these acquisition in cash flow positive territory, putting dollars in Guy's pocket each and every week from day one. You shouldn’t be losing sleep Guy’s property investment life is lived by the rule that ‘you shouldn’t be losing sleep’.  While by his own admission his strategy is not a , ‘get rich quick scheme’, he attributes his sure and steady approach as paramount to his ability to continually add to his portfolio, which currently stands at an impressive 35 properties.   As discussed in his earlier interview, Guy chooses to purchase positively geared houses at a ‘sub 300K price point’.  This decision is directly linked to his need for peace of mind through risk mitigation, which is achieved through the following considerations: Firstly, Guy is confident in his means of investment.   Choosing the tangibility of property over shares, he jokes that, ‘unless we are going to go back and live in caves, people will always need houses.  They are a sure commodity.’ Thus he states, ‘there will always be the need for people to either buy from me or rent from me’. Secondly Guy finds that, ‘if the property is positively geared from the outset, there is no pressing need for it to go up at all.  If your initial purchase achieves 6% yield + and your mortgage is set at around the 4% mark, you will not get into any trouble’. He also fixes his investment only loans to give some certainty around repayments  Guy gives the example of a couple of Rockhampton properties he bought in 2008 that have not experienced the growth he had expected.  Because they were positively geared to start with, they are not draining his portfolio financially so consequently, he has been able to hold onto them.  His experience in the property market, during the past 20 years gives him the confidence to believe that over time they will begin to perform again.   Thirdly, Guy argues that ‘by the laws of the pyramid, if needed, to find another buyer at that price point - it wouldn’t be difficult’.  Similarly, finding a renter at that end of the market has to date presented no issue. If he is struggling to find a tenant, he understands that in that particular market his asking price is too high, so he adjusts quickly and accordingly to ensure his property is not vacant for long and his business does not lose crucial cash flow. Finally Guy overcomes his fear by testing his resolve in relation to a worst case scenario, suggesting that while he, ‘always hopes that [a property] will go up in value –  [if] worst case, it was to became $0,’ in regard to a sub 300k property, he could ‘probably live with that’.  This would not be the case if his purchases where each around the $1m mark. Support and positivity is essential if one is to succeed Guy is also very open about his decision to not go it alone as a DIY investor.  His wife is extremely supportive and he chooses to listen to industry experts when making his property selections.  He does not let fear mongering in the media or the anecdotes of individuals who have not been there, done that stall his process.  He believes that people can always find an example of something going wrong to suit their story, but you need to consider the relevance.   Positive people ‘who have actual experience in property investment are who you should be taking notice of’. As discussed in his previous interview, Guy treats his portfolio as a business and employs a team of experts to help him manage it.  He makes his decisions after listening to industry experts and using the property research platform,  He regards these experts and tools as employees in his business model.  He also engages property managers to look after the day to day running of each business unit (individual property) entrusting them in this undertaking as they have ‘access to contractors to handle any issue’ and a ‘ready list of tenants waiting to go’. This encircling positive network is his foundation and affords Guy the freedom of concentrating on what’s truly important to him – his family and his primary business, his corporate training company. Do your research Of course to be as successful as Guy, doing your research is non negotiable.  While diligent investigation has always been the focal point of his strategy, it has meant that the process of accumulation has been very slow – on average one, sometimes two properties a year since 1996.  Over the past 10 months however, Guy has been able to really ramp up his acquisition strategy through his engagement with the online property platform,  The platform allows him to pinpoint properties perfectly suited to his strategy.  Using the cash flow filters he is able to shortlist a select number of candidates. His second step of selection involves pursuing properties from this list with the highest days on market (DOM).  The reason being, this generally provides excellent scope for negotiation.  Guy suggests that as DOM rise,  ‘agents become tired [of the property] and are keen to get them off their books.’  He often finds the agents begin working with him against the vendor by massaging their expectations.  I guess for an investor, this is the perfect scenario.   The table below outlines the 10 purchases Guy has made over the past 10 months, using the Ripehouse platform. Ripehouse Purchase One: 9 Months, 13.5% return. Purchased: July, 2015 Council: Ballarat,VIC Purchase Price: $258k Current Rent: $260pw Yield (at cost): 5.25% Current Est Val: $293k (04/2016)   Ripehouse Purchase Two: 9 Months, 3.1% return. Purchased: July, 2015 Council: Logan, QLD Purchase Price: $256k Current Rent: $300pw Yield (at cost): 6% Current Est Val: $264k (04/2016)   Ripehouse Purchase Three: 8 Months, 1% return. Purchased: August, 2015 Council: Logan, QLD Purchase Price: $271k Current Rent: $320pw Yield (at cost): 6.1% Current Est Val: $274k (04/2016)   Ripehouse Purchase Four: 8 Months, 2.9% return. Purchased: August, 2015 Council: Wodonga, VIC Purchase Price: $202k Current Rent: $260pw Yield (at cost): 6.6% Current Est Val: $208k (04/2016)   Ripehouse Purchase Five: 7 Months, 40.9% return. Purchased: September, 2015 Council: Delacombe, VIC Purchase Price: $210k Current Rent: $260pw Yield (at cost): 6.4% Current Est Val: $296k (04/2016)   Ripehouse Purchase Six: 6 Months, 23.3% return. Purchased: October, 2015 Council: Salisbury, SA Purchase Price: $193k Current Rent: $285pw Yield (at cost): 7.6% Current Est Val: $238k (04/2016)   Ripehouse Purchase Seven: 5 Months, 3.6% return. Purchased: November, 2015 Council: Salisbury, SA Purchase Price: $248k Current Rent: $310pw Yield (at cost): 6.5% Current Est Val: $257k (04/2016)   Ripehouse Purchase Eight: 4 Months, 24.7% return. Purchased: December, 2015 Council: Sebastopol, SA Purchase Price: $230k Current Rent: $260pw Yield (at cost): 5.8% Current Est Val: $287k (04/2016)   Ripehouse Purchase Nine: 2 Months, 5.8% return. Purchased: February, 2016 Council: Wodonga, VIC Purchase Price: $256k Current Rent: $330pw Yield (at cost): 6.7% Current Est Val: $271k (04/2016)   Ripehouse Purchase Ten: 1 Month, -1.1% return. Purchased: March, 2016 Council: Caboolture, QLD Purchase Price: $287k Current Rent: $310pw Yield (at cost): 5.6% Current Est Val: $283k (04/2016) Logo for Dark Background - Logo for Light Background -   The importance of strategy 2016-12-23T05:25:31Z the-importance-of-strategy Fundamental to creating a successful property investment portfolio is a clear and focused strategy. A successful investment strategy should consider an individual’s needs and expectations for both the short and long term. It’s easy to get entrenched in analysing market specific factors, but the fact is that any strategy must have a purpose, be time specific and know what the end goal is.  A well-planned strategy should factor in your goals, aspirations, and risk tolerance to determine a road map that gives you the best possible chance of achieving your intended end goal. Adhering to the strategy and not reacting emotionally is the key to success – always remain disciplined. Any investment is a risk - making rash, reactionary decisions are generally why most strategies fail, regardless if they are property related or not. Every investor is unique. Some regard driving capital growth highly - focusing on rental yields or securing regular cash flow. Others may look to expand their knowledge base of investing in the short term to act as a springboard for future opportunities. Ultimately an investor will at some point make a decision on what they consider being the most important to them. If we were to isolate strategies they usually consider the following; Funding Retirement - A carefully designed strategy to minimise reliance on available superannuation funds - the right combination of capital growth generation and annual yields to achieve an early retirement.  Income Generation - There are multiple strategies available for building a sensible portfolio geared towards delivering cash flow. In this case, the investor highly regards short-term outcomes.  This strategy is focused on working on ways to minimise interest repayments, property management, and maintenance fees to ensure a monthly return that covers personal living expenses. Lifestyle – Believe it or not, a lifestyle strategy is an established strategy that can deliver money in the investors pocket and provide capital growth simultaneously. Either borrowing against capital growth or selling down assets to fund lifestyle improvements is generally employed. May even consider active property strategies such as renovation and developments which can generate both cash flow and one-off income events for lifestyle purposes. Net worth - Investors nearing retirement are naturally looking to be in the best shape possible before doing so and will have a keen eye on improving overall net worth. Capital growth strategies and portfolio building will be of particular interest here as investors seek to improve their asset base in order to take longer-term advantage of compound growth. You may be wondering which bracket you currently fall into, or you may have gone through them all at one point or another! What’s crucial is to know simply what you are trying to achieve and being clear in how you are going to get there. Doing so provides a clear strategy that assists in making wise choices when making property purchases. Assistance is always warranted and more often than not required. If we look at any other endeavour - we always seek assurances and confirmations from colleagues, friends and family – property investment is no different. Talk with experts, friends, and family about your strategy and goals – doing so will assist in making the right decisions at every stage of your investment path and ensure you remain grounded. Logo for Dark Background - Logo for Light Background -   Research and analysis part 1 - a holistic approach 2016-12-23T05:23:11Z research-and-analysis-part-1-a-holistic-approach No matter what budget you’re dealing with, finding your next perfect investment property is a project that requires both patience and planning.  In this piece, we’ll introduce a holistic approach to research analysis and acquisition that you can use to make narrowing down your overall search options significantly simpler. It’s a system you can easily re-use on each individual project and tweak to match your existing overall goals. Firstly identify your overall goals, your internal motivations, strategies, and desired outcomes. With those background elements in place, we can start looking at leveraging them in the context of a specific investment project.  Our five-step funnel A simple five-step funnel lies at the heart of our approach. Rather than starting with a particular property and then trying to shoehorn your outcomes and strategy into it, we’ll begin by zooming out and then gradually narrowing our focus. Let’s step through the layers:  1.    State versus state: Kick things off by pitting states against each other to match your specific needs. 2.   Local government areas: With a suitable state identified, you now want to start breaking things down by local government areas to identify an attractive candidate. 3.   Suburb: You’ve got your LGA, now the search moves on to competing suburbs. 4.   Street: Once into a particular suburb, you’re hunting on a street-by-street level. 5.   Property: Finally, you’ve drilled down to a particular property to assess the merits of it in detail. Why go from macro to micro When you compare our sequence to a less sophisticated traditional search, the advantages become clear. Were you to start with an individual property or street, for example, you’re then going to have to check whether you’re in a suburb set for imminent growth or one that’s a slower burn. You’ll then need to assess whether the LGA amplifies or detracts from the potential upside of the suburb, and then move on to factor in state-wide considerations. At each stage of your decision making process, you may encounter an issue that invalidates the property under consideration. You’ll also have to potentially carry out that process a completely unnecessary amount of times. By going from macro to micro, by contrast, you make sure that your wider criteria are guaranteed to be met, and can save your energy and resources for honing in on the perfect opportunity at an individual property level. Hopefully the idea of using this approach has already got you fired up about the possibilities for your next investment property purchase. We’ll be fleshing out the details of both the individual layers of the funnel and further strategy around its use in future article so stay tuned! Logo for Dark Background - Logo for Light Background -   Presentation is everything 2016-12-23T05:19:57Z presentation-is-everything When selling your property, grabbing the attention of prospective buyers and making a fantastic first impression is what really counts. It’s no different to highlighting and underlining a heading.  It’s prominent and the message is loud and clear.  What you see and think at first glance will frame the way you approach what you experience next.  The same principle applies when selling your home.  If a buyer walks through the door and they are not only greeted with a warm welcome, but the property itself is presented in a way to achieve the same effect, you are more than halfway there.  So how can we achieve this other than cosmetically sprucing up a property through renovation or by giving it a lick of paint? Through Property Styling!  In real estate sales, this has become a ‘No Brainer.’  While  the cost of property styling typically ranges from around $3000 for a 2 bed apartment, up to $10,000 for larger homes, the added value it can create, in my experience is significant. I have personally witnessed numerous sales that have been fought over aggressively at auction due to the picture that was painted by the styling.  In some instances, I believe the styling has added up to $100,000 in value to the campaign.   At first when I tell my vendors how much the styling will cost without being able to keep a single stick of furniture, they tend to be a little apprehensive. Regardless it is extremely rare I take a vacant home to market without being styled first -  in other words, I am usually able to convince my vendors that it is well worth the investment. Let me quickly break down the process, and consider just what you are paying for: Firstly, you will have a meeting with the stylist - they will explain how they can help, take photos and measure up where necessary. Once the initial consultation has taken place,  the stylist will have a vision and know what stock they have in the warehouse that will be most appropriate for you. They can also work in with current lifestyles and furniture set-ups you have. The property styling advisor (stylist) will generally not only have experience but also an interior design university degree or similar qualification, so listen to their advice! Come delivery day, the stylist will coordinate the removalists.  The furniture is then placed, soft furnishings arranged, and pictures and mirrors are hung on the walls with hooks fastened accordingly. A great stylist will work hard to please the agent, the vendor, the photographer while ultimately knowing what will best attract prospective buyers.  Once everyone is happy with the result, professional photos can be taken to supercharge your marketing campaign. Throughout the selling period of (20+ days in my local area) the furniture remains in your property. At the completion of the sales campaign,  all items are picked up, loaded into the truck and returned to the warehouse. I must confess with irritation, as a person who renovates apartments for the purpose of sale, it is often the case that the styling will achieve the largest profit over investment ratio for a vendor.  After all the work that goes into the strip out and complete renovation of an apartment at a cost of around $40,000 to $50,000, I often find it is the $3,500 of styling that will be the main factor in pushing up a sale price, by appealing to a purchaser’s emotional side.  Emotion beats reason every time! Looking at this from the opposite side of the transaction, the kind of property I would want to compete for is an empty house.  The reason being,  I can be sure that bidders aren’t getting carried away by the picture of a happy home, or the warmth and good feeling brought into the property by pictures, furniture, mirrors and colour.  In other words, I don’t want to be competing to purchase a dream that has been hired by the vendor.  I went to University to become a property economist, licensed agent and property valuer.  I find it hard to mathematically justify that a property’s  value can be lifted by styled furniture that will no longer be in the property when the keys are handed over. Experience however, has taught me otherwise.   The overall message: Presentation is Everything! Logo for Dark Background - Logo for Light Background -   Investor in focus: Guy Williams, part one 2016-12-16T02:02:16Z investor-in-focus-guy-williams-part-one Property Investment Psychology   For Guy it’s pretty simple, he treats his property portfolio as a business. Each property perform in regards to income (rent) and growth.  To achieve this end, Guy entirely removes emotion from the equation, to the extent whereby he has not even laid eyes on a number of his properties.  Instead he chooses to focus purely on the numbers, a strategy that has led to tremendous success over his journey.   A Sure Strategy We sat down with Guy to try and understand his success and learn from his process: Guy’s strategy revolves primarily around diversifying risk, capital growth and clever positioning. Purchasing at the sub- 300K mark, Guy wouldn’t consider buying, ‘one property for $1 million dollars’, but would rather choose to ‘invest in three at around $300k each’.   The rationale being that whilst a boom in the market may yield quick, high returns – even a slight dip can impact a $1 million property considerably and the loss is much greater than on a $300k property, which tends to hold its value more steadily. When asked what is most important to Guy in terms of rental yield vs capital growth, Guy is sure in his property investment strategy, arguing that ‘while capital growth is lovely, it always crystal ball stuff. Rent is real.  Rent is today.  For me, I’m looking for positively geared properties, with at least 6% rental return.’ It’s a business, nothing more…  Guy sees the his investment property portfolio as a business.  As a business he wants each investment property to increase in value but as he doesn't know how long this will take, is is also important to him that is pays an income (rent) as he is waiting for this growth to occur.  Guy isn’t interested per se in property but rather wealth creation.  He is ‘not interested in finding tenants, collecting rent or cleaning carpets’. He pays property managers to take care of all this - they are his employees. So for Guy, if say the property manager isn’t performing then it’s simply a matter of managing them out.  Similarly, if the property isn’t performing in terms of rental increases and yield, he would have no find problem in selling.  His connection to the property is objective, based on the financials and not emotion. This being said, however he has never had to sell any of his 35 investment properties.  Guy suggests that if you look at the property market in these terms, then you make decisions on what’s best for the business (capital growth & return) rather than it being reactionary or holding out for a ‘lotto win’ mentality.  Very slowly Guy believes that the “house market provides a good product”, ultimately due to the abundant availability of positively geared properties, and clear historical evidence of growth over time.  Guy has confidence in his diversified portfolio where any fluctuation in the short term isn’t representative of the landscape 20 years from now. It’s an unemotional transaction whereby his purchases are made purely on the basis of whether the ‘numbers stack up’. His ability to successfully diversify his portfolio comes down to deliberate research - his properties aren’t in one locality or ‘one industry towns’ and are all at different stages of their growth lifecycle. So where one area might be slowing another is growing. Again, the reassurance for Guy is if he concentrates on the bigger picture, he doesn’t need to sweat the small stuff, which will generally pan out in the wash. Creating a future not a passion Guy has true vision and commitment to his family’s future. His children are his top priority and he talks passionately about how his strategy is creating generational wealth. He hasn’t entered into the property investment realm overnight with the intention of making a quick dollar so that he can ‘go sit on a beach’ – in fact it’s quite the opposite. Guy owns and operates a successful corporate training business, which he loves.   It’s his passion.  His property investments are in the background, a sideline if you will (albeit a very lucrative one) which takes up a very different thought process.  A process he suggests however might not be for everyone, he states – ‘if you are looking to make money quickly, then my strategy isn’t for you’…  Stay tuned for our next interview with Guy where he talks about how he overcomes his fear, makes confident decisions when purchasing and how he has ramped up his property portfolio to purchase 10 properties in the last 10 months. Logo for Dark Background - Logo for Light Background - AI is better at buying investment property than you 2016-10-31T23:59:44Z ai-is-better-at-buying-investment-property-than-you Tuesday 1st November, 2016: The future of property investment has arrived, brought to you through the application of artificial and swarm intelligence. In a world first, after more than half a decade in the making;  property research and technology company Ripehouse announces that it has cracked the code and is now ready to launch its new, groundbreaking AI property platform. Founder, Jacob Field states, “Ripehouse is a property company that helps and empowers investors through technology.” “Our aim is to remove emotion or even skill from research and acquisition - helping an investor focus on their desired outcome and investment roadmap.” Over the past 5 years Ripehouse has been developing the software which works using artificial and swarm intelligence.  The fruition of which is now realized in The Ripehouse Brain. Mr Field states that, “The Ripehouse Brain is at the absolute cutting edge of technology. It uses machine learning to methodically look at and replicate the human touch and then improve on it - by crunching the numbers and then applying these learnings”. “By observing thousands of investors all over the country, it is able to track momentum, and follow the Investor Eye Ball as it shifts, ensuring that it always remains on pulse. It adapts and learns in real time from this collective swarm of momentum”. The objective of the platform is to assist property investors reliably identify outstanding potential assets aligned with their specific strategic roadmap. It looks at what you are trying to achieve via property investment and then locates the absolute best candidate local government areas, suburbs, streets and properties, currently on the market, set to deliver your strategic outcomes. As an example if you “Dial Up” Capital Growth as your primary strategy to 100%, The Ripehouse Brain locates 26 Suburb locations, but only 16600 individual dwellings set to deliver maximum Capital Growth - right now, looking out across the nation. Of these dwellings there are only 70 properties currently on the market with an average expected capital growth in the next 12 months of 18.7%! “If you dial down your preferred Capital Growth outcome you might have more options but less growth. You might also like to throw into the mix renovation potential, development potential, positive cashflow or very low risk, investing” comments Mr Field. Mr Field explains, “ that each time a property recommendation is made using The Ripehouse Brain it is back-checked. The Ripehouse Brain searches for all the instances where similar market conditions have been present at an LGA, Suburb and a Street level.” “The Ripehouse Brain then uses this information to predict likely future growth. Monitoring this growth, in real time, it is constantly learning, improving and optimizing - just like a real investor's Brain, only better.” So there you have it.  We have reached a time where AI is better at buying property than you. About Ripehouse - Ripehouse is for investors by investors. We are the preferred choice of industry insiders, educators, buyers agents and investors alike. We are a subscription service - where members receive unlimited access to the Ripehouse suite of suburb search, street analysis and property recommendation and appraisal tools. Community members all gain access to private research and investor masterclass events. We are highly disruptive and innovative - having achieved a number of firsts for property portals in Australia: 2011 - We were the first website to display For Sale properties on a suburb map. 2011 - We displayed price heat maps on a suburb map. Displaying the high and low clusters of price on the map, working with researchers at Stanford University using the same algorithms that were originally used to map crime in the US. In addition to displaying price, we were also able to display gentrification areas on a suburb map. Areas going up in value faster than other areas in the suburb. Ie. the Newtown side of Marrickville in Sydney increased in value faster (and before) the Tempe side of the suburb. 2012 - We displayed the location of key amenities in each suburb (shops, schools and transport), also performing in depth research about how proximity to each of these amenities effects the value of a property. We are still the only source of this research. 2013 - Helping the investor understand unfamiliar locations as a local would, we were the first website to map key street level information on a suburb map - things like level of public housing per street, crime, rent, income, yield, tenant mix and exact locations of the key amenities in the suburb. More importantly we linked these important local dynamics back to price - helping the investor to know what effect they had. 2014 - A self learning technology that automatically assesses the likely condition of a property that is currently on the market - helping investors quickly find other properties that have recently sold that are more likely to be in a similar condition. 2015 - Sweetspot overlays - helping the investor find the exact street level Sweetspot in any suburb across Australia that will deliver the most capital growth for that suburb. 2015 - Flood zone overlays - displaying at risk flood zones as overlays on a suburb map, but perhaps more importantly, assisting investors to make critical decisions by allowing them to quickly filter on-market properties (in or out) of these areas - quickly relating flood zones to property value. 2016 - The Ripehouse Brain is launched - provided very specific and outstanding property recommendations. Using our unique state, LGA, Suburb, Street and property research - it leverages on all parts of our platform to provide outstanding strategy recommendations and outcomes in property. Logo for Dark Background - Logo for Light Background -