The Quick-Start Guide to Your First Property #author Rachelle Kroon

The Quick-Start Guide to Your First Property: Pick Up Your Keys Simpler, Smarter and Sooner

You’ve done everything right  ...got a job, cut back on spending, saved consistently  ....and yet property prices keep pulling further away. 

Like millions of other young Australians, you feel locked out, watching the dream slip away despite your best efforts. Let’s get real: saving a 20% deposit isn’t practical in today’s market. 

You need better strategies. 

That’s where The Quick-Start Guide to Your First Property comes in.

In this essential playbook, personal finance expert Glen James and top mortgage broker Rachelle Kroon share the hacks that are actually getting first-time buyers into the market right now. 

Full of practical tips and none of the fluff, this book shows readers that buying property is still possible, even in today’s ultracompetitive climate. The market has changed. Your strategy for getting started needs to change with it. How are you going to get started quick?

To connect with Rachelle .....
https://www.instagram.com/rachellekroon_money/
https://www.linkedin.com/in/rachelle-kroon
https://www.spherehomeloans.com.au/resources
https://www.spherehomeloans.com.au/rachelle-kroon 

Transcript

SPEAKER_00 0:02

It's good morning, Rachel Crohn. Welcome to your shelf. Thank you for having me. Oh, it's my pleasure. I'm excited. Rachel, I'm sure you are as well. First time author. You have a book out. I know, it's really exciting. Tell us all about the quick start guide to your first property.

SPEAKER_01 0:21

Yeah, well, look, um, we so Glenn James and I have written this book together. Uh, we're also involved in a podcast, Money, Money, Money, and this is property. And we we've worked together for a very long time, and we really wanted to create a resource for first home buyers to help them through what can be a really daunting process, but it's really aimed at well before somebody is ready to buy. So we're hoping that this book is like a little bit of a roadmap for people well before they're starting to buy. Maybe they're studying, getting started in their career, all the way through to getting financially ready to buy a house, getting their finances in order, the process of buying, all the people that are involved, and even helping them with their strategy. You know, are you buying to live in a property or are you buying to as an investment while you're still living with your parents? So taking people through a little bit of that process and decision making that people go through when they're deciding to buy their first home.

SPEAKER_00 1:16

Yeah. And Rachel, you know, having a look at your book, it took me back to when I, you know, a very long time ago purchased my first property. It was a tiny unit. You know, I was a single girl. And I remember taking my mum along to like a seminar that someone had put on and just trying to learn everything and find out what I didn't know, but I needed to know. Like there were so many things that I was, and I guess your book encompasses to me all the things that I didn't know that I had to kind of go searching for. And it's, I mean, mine started out as a dream. Like I was thinking, oh, you know, when I get to this income, maybe I can afford to buy, you know, and what that looks like. So I just felt like your book was this um was uh is a resource that really would have helped me back then.

SPEAKER_01 2:06

And that's the goal. So we actually um and what so when Glenn and I started talking about whether we were going to do a book and he's got a love-hate relationship with property. He's a financial planner, and I have a very relationship with property. Uh, we really talked about what we wished we'd known before we bought. And we actually put it out to our podcast listeners to say, you know, what do you wish you'd known before you bought your first property? And that was actually all of those answers actually became the framework for what we what we put in the chapters. It wasn't just what we wish we knew, it's what everyone else wished they'd known before they bought. And our goal is to get really take a bit of that anxiety and the the pressure of the things you don't know before they go and do it the first time.

SPEAKER_00 2:48

Yeah. And Rachel, you mentioned all these things you mentioned, I need to tap into. So you've got a podcast show. Congratulations. I mean, thank you. A lot of our listeners are podcast listeners. So I I need to mention your podcast show is called This Is Property. Um and Gwen James, I mean, he he's just a fabulous talent as far as a sharer in this world and a communicator. What was it like working, riding together? I mean, do you want to share that journey?

SPEAKER_01 3:16

Yeah, yeah, it was really it was really great. So we've we've known each other for, I don't know, maybe 15 years now. So we used to have side by side back when he was a financial planner. So we've we've had a very long relationship, and I probably got involved in in the Money, Money, Money podcast with him about seven years ago. And so we've had a lot of time working together and we have really differing opinions on a lot of things. So coming together to do a joint resource was really, I think it was really great to have people of differing, I guess, different perspectives coming together to write that. You know, a financial planner and a and a mortgage broker. We've obviously got different experiences in the world, but I really enjoyed writing it with him.

SPEAKER_00 3:55

Yeah. And um, tell us about the podcast show because we we love featuring podcasts, but you know, give us an overview because I know that's really successful as well. Tell us about this.

SPEAKER_01 4:06

Yeah, well, so Glenn's podcast is Money, Money, Money. It was for long, it was formerly My Millennial Money, but that became outdated very quickly because our listeners suddenly became Gen Z and we were ostracizing them with a My Millennial tag. So it's money, money, money, or the regulars call it M3. That's the main show and it's all about money. And I have a shoot off of that with my co-host John Pigeon, he's a buyer's agent, and we do this as property. So we just talk all things property every week. Um, best is all first home buyers, we just talk, that's all we do is talk property. So Glenn is very much holistic money and financial advice in your financial house. And we're just, well, I am, I just love property.

SPEAKER_00 4:44

Yeah. And you touching on that, Rachel, I mean, you're you're a founder, you're a managing director, you do this as a day job as well.

SPEAKER_01 4:52

Yeah, well, I it actually um, so my business is about 14 years old. I'm a I'm I've I'm a director of a mortgage brokerage, where we're quite a fair-sized business. And I probably got to a point about a few years ago where I was, you know, more managing the business and started to have the time to do this as property, and you get that time as you advance in your career to do different things. But the book for me has been one of the most rewarding things because we talk about getting in front of clients and the things that you tell them on their journey. And you think, geez, I wish I'd met you two years ago because you miss out on maybe doing this that we could have done, or if you've been planning this a few years ago, we'd be in a different position now. So I really you can only get in front of a certain amount of people. So to create a resource that I really hope people get when they're young, I really hope it will make a difference. And it was my labor of love, and I'm really proud of it.

SPEAKER_00 5:43

Yeah. And the work you do, you know, is people, you know, need it and then they think they don't need it, or they need to pause it and then they need to come back to it different stages of your life or different reasons. It's really interesting.

SPEAKER_01 5:57

Yeah, that's right. And I guess if when I think of my dream, my dream is that, and I have a I have a 24-year-old and he's just bought his first home. So my dream is that people, a parent will buy this for their child when they're studying or at university and that they will refer back to it at different stages of their life. Like my when I when I think about this book, it's that you read just when you're buying a house. What I would love, it goes things like, you know, financial house, talking about your career and are you choosing a career that really is going to be in line with your goals and talking about those things too. So I think when people are younger, if they start to think about money early, they can be more intentional about their money. And we really encourage people to, you know, understand their whys and they're different for everybody. But having that, I guess, that resource to come back to, I'm hoping it's really helpful for people.

SPEAKER_00 6:44

Yeah. And look, Rachel, I mean, I think the fact that we're talking about it and you're writing books and you're putting them on shelves and having a podcast show, you know, it it makes it the norm that we can talk about it with our kids and you know, we can we can spread the you know, the empowerment around it.

SPEAKER_01 6:59

Yeah, and we talk about that. So we always talk about uh on the podcast, we talk about, you know, relationship with money. And it's really there's a huge psychology behind it about what your relationship with money is. Now, I discovered therapy in my 30s. I didn't know anything about that, but what we did have when I was growing up was really robust conversations about property. So, you know, but I had to learn through books and other resources and podcasts about a whole lot of other things. So I think if we can, and a lot of our a lot of our listeners are probably people that maybe didn't have conversations about money and they've gone to a podcast community to get that. So creating resources for people that didn't have that is uh in my opinion, it's really important because that's where people get their information.

SPEAKER_00 7:39

Yeah. And Rachel, if we're watching anywhere in the world and we're thinking about this, we're thinking about, you know, empowering the next generation and we're wanting to have conversations and we we're curious about the book. I know you've got a website, you've got um, you're on socials, but I I want you to point us in the direction of where you want to go to learn more about even your podcast show. Um, and I'll put it in the show notes.

SPEAKER_01 8:02

Oh, thank you so much. So the podcast is This Is Property. Um, and my Instagram handle is Rachel Croon Money. And we have uh and the book which is published by Wiley is and the quick start guide to your first property that is available wherever you get books from now.

SPEAKER_00 8:17

Yes, great. Well, look, I'll put some links in the show notes. I'm I I just feel like there could be more books along the way. You know, you're you you are allowed to enjoy this one. It's a wonderful accomplishment.

SPEAKER_01 8:29

But I just feel like there's so many topics that oh, there are, and we tried to get as much as we could in, but um, there is a chapter at the end that's you know, what's next, and it does cover as much as we can for the things next. But yeah, look, maybe maybe they will be. Who knows?

SPEAKER_00 8:43

Yeah. Well, look, enjoy this one. Thank you so much for joining us, Rachel. All the best. Thank you for having me. Cheers.