Published by Steve Palise
A complete guide and masterclass on how to invest in residential and commercial property.
Listen on Apple PodcastsSteve sits down with Engelo Rumora, an Australian investor who sold down his residential portfolio 15 years ago and moved to the United States to chase a once-in-a-lifetime buying window after the global financial crisis. Engelo started by picking up houses for 15 to 25 thousand dollars and selling them for around 60, and from there, he built a business that flipped over a thousand properties and now manages roughly 400 single-family homes out of Toledo, Ohio. He talks candidly about the burnout that came with running 17 staff across property management, flipping, sales, legals and accounting, the sabbatical that pulled him back from the brink, and why he has deliberately shrunk the operation down to a lean, automated team. The conversation covers how the US market actually works for foreign investors, the A, B and C class system, why scale matters when you invest there, and where Engelo thinks both the US economy and property management are heading as agentic AI moves in. In this episode, Steve and Engelo discuss: How Engelo went from a 45K labouring income and ten over-leveraged properties in regional Australia to liquidating everything and moving to Kansas City, then Ohio, in 2011 when the Aussie dollar was at parity, and US prices were at rock bottom. The numbers behind his model, buying distressed and foreclosed homes for 15 to 25 thousand, putting 10 to 15 thousand into renovations, and selling them tenanted at fair market value to passive investors, he would then manage for. Why he scaled a business up to 17 staff across five service lines, burnt out around 2020, and made the deliberate decision to pull back to a small automated team rather than chase every ancillary service. How foreigners can actually buy in the US, owning in a personal name or through an LLC with no real restrictions, and why your network matters far more than finding an accountant first. The A, B and C class area framework, why B class is the sweet spot between safety and cash flow, and why D class areas are a different and far riskier game entirely. Why you need 15 to 20 properties to make a US portfolio worth the tax and legal overheads, and how buying in bulk and at scale lowers your risk rather than raising it. Engelo's warning on the US fiscal deficit, why he thinks the system has passed the point of no return, and what a reset would mean for the worldwide banks holding US treasury bonds. The Florida opportunity after Hurricane Ian, where canal front homes that sold for 400 to 500 thousand could be picked up for 50 to 100 thousand, and why insurance costs are currently holding that market back. How his team has automated leasing entirely with digital lockboxes and identity verification, removing the need for leasing agents, and why he expects property management fees to race to the bottom as agentic AI takes over. The shift from helping other investors build portfolios to keeping 70 percent of his deals for himself, plus his thoughts on giving anonymously, the influence of Chuck Feeney, and where human connection still matters in an automated world. HOSTED BY: Steve Palise Ph: 0403 878 497 Email: steve@paliseproperty.com LinkedIn: https://au.linkedin.com/in/steve-palise CONNECT WITH Dr Dan LinkedIn: https://www.linkedin.com/in/engelorumora Buy His Book: https://therawtruthbook.com/ Resources Get FREE access to the Commercial Property Institute course - CLICK HERE Get FREE access to the Residential Property Institute course - CLICK HERE Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE Get your FREE Commercial Property Paydown Calculator CLICK HERE Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE
Steve sits down with Dr Daniel Lamp, a Sydney-based GP and host of the Passive Income Doctors podcast, who built a 12-property portfolio in under a decade on a starting salary of $62,000. Dr Dan went against the advice of parents, friends and colleagues who told him to buy blue-chip Sydney real estate, and instead bought interstate in Brisbane, Perth, Darwin and regional Queensland before those markets ran. This episode covers his full portfolio timeline, the markets he chose and why, the mistakes he made early on, and the borrowing power and cash flow lessons that shaped his approach. Steve and Dr Dan also get into why doctors tend to make poor property decisions, the case for rent-vesting, when to sell and when to hold, and how AI and telehealth could reshape both the medical profession and the property market. In this episode, Steve and Dr Dan discuss: Dr Dan's background growing up in Western Sydney, saving $100,000 through university, and funding his first deposit on a $62,000 intern salary. Why doctors tend to make poor property decisions, from being time-poor and overconfident to getting funnelled into off-the-plan apartments for tax benefits. His first Brisbane purchase in 2017-2018 for $570,000, which nearly doubled to $1.1 million, while the equivalent Sydney unit only reached $800,000. The mistakes he made early on (land-and-build headaches, an emotional owner-occupier purchase) and why Steve believes early setbacks actually make better investors. Expanding interstate into Perth in 2023 and Darwin in late 2024, buying into flat markets with strong yields before they ran, and why he now regrets not going even more affordable. Selling Brisbane properties to restructure into a trust, free up borrowing power and redeploy capital into the next cycle, and why the old "never sell" advice no longer holds. The rent-vesting case for junior doctors, and why buying a home too early in training often costs more in stamp duty and opportunity cost than it returns. Borrowing power management: the LMI waiver for medical professionals, why owner-occupier debt hurts more than investment debt, and knowing when to change brokers and accountants as a portfolio scales. Why residential beats commercial early in the accumulation phase, and Steve's view on where commercial is heading (industrial, large land blocks, farmland). GP practice ownership economics, the telehealth and AI discussion, and Dr Dan's $300,000 passive income target to eventually step back from full-time clinical work. HOSTED BY: Steve Palise Ph: 0403 878 497 Email: steve@paliseproperty.com LinkedIn: https://au.linkedin.com/in/steve-palise CONNECT WITH Dr Dan LinkedIn: https://au.linkedin.com/in/daniellamp YouTube: https://www.youtube.com/@passiveincomedoctor Facebook: https://www.facebook.com/groups/doctorspropertynetwork/ Instagram: https://www.instagram.com/passiveincomedoctors/ Resources Get FREE access to the Commercial Property Institute course - CLICK HERE Get FREE access to the Residential Property Institute course - CLICK HERE Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE Get your FREE Commercial Property Paydown Calculator CLICK HERE Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE
NOTE: This episode was filmed before the 2025 Federal Budget announcement. Some of the tax changes discussed may have since been confirmed, modified, or scrapped. Please speak to your accountant for advice specific to your situation. Episode Summary Steve sits down with Davie Mach, founder of Box Advisory Services and one of Australia's most-followed accountants, with over 50,000 subscribers on YouTube. In a conversation that covers everything from the proposed federal tax changes to the structuring mistakes costing investors hundreds of thousands of dollars, Davie breaks down what smart investors are actually doing with their portfolios right now, and why the advice you got five years ago might be costing you today. In this episode, Steve and Davie discuss: The three proposed federal tax changes on the table: reducing the CGT discount from 50% to as low as 25%, the potential removal or grandfathering of negative gearing, and the idea of applying a 30% withholding tax on trusts. Why Steve and Davie both believe the CGT discount change won't meaningfully shift investor behaviour, because investors will simply pivot to purchasing through companies and other structures. How the federal government is eyeing property sale revenue as a way to get its share of what state governments already collect through stamp duty. The real risk of negative gearing changes for high-income earners, and whether removing it could push demand away from premium stock and into more affordable, positively geared assets. Why structuring is one of the most expensive mistakes property investors make, from buying in your personal name on a high tax bracket, to setting up a company when your personal income is low, and the property is positively geared. The hidden land tax trap in New South Wales: buying in a family trust means no tax-free threshold, which can cost $16,000+ per year on properties with land values over $1 million, and how some investors don't find out until the state government sends a bill for multiple years at once. Why buying your principal place of residence in a family trust is almost always a bad idea, because the property loses its main residence CGT exemption the moment it sits inside a trust structure. The common loan structuring mistake is where investors put a large deposit on the investment property and carry a bigger loan on their home, flipping the tax deductibility and turning a negatively geared investment into a positively geared one unnecessarily. Division 7A and why business owners who draw profits from their company without treating it as a formal loan risk being taxed at 47% on top of the 25-30% company tax they've already paid. Bucket companies explained: how business owners can invest retained profits through a separate company at a flat 30% tax rate, and why that structure works well when your personal income is high and the goal is long-term reinvestment. Buying commercial property through an SMSF, including why some investors buy in their personal name first and transfer later when their super balance is large enough to fund the deposit and loan. The case for (and against) business owners buying their own commercial premises in an SMSF. Davie argues that if you can guarantee the tenant (your own business) will always pay rent and never negotiate, the risk profile changes completely. Steve pushes back, noting that office tenants in particular need to ask whether the property would still stack up if they weren't the tenant. Why minimising tax isn't always the right move. If the goal is growth and you need borrowing capacity, paying more tax now can unlock the next property. The strategy should match the stage of life, not a blanket rule. HOSTED BY: Steve Palise Ph: 0403 878 497 Email: steve@paliseproperty.com LinkedIn: https://au.linkedin.com/in/steve-palise CONNECT WITH DAVIE MACH LinkedIn: https://www.linkedin.com/in/davie-mach/ YouTube: https://www.youtube.com/@DavieMach/ Website: https://www.boxas.com.au/ Resources Get FREE access to the Commercial Property Institute course - CLICK HERE Get FREE access to the Residential Property Institute course - CLICK HERE Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE Get your FREE Commercial Property Paydown Calculator CLICK HERE Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE
In this episode, Steve sits down with Jo Natoli, a property manager, developer, and business broker who has seen the industry from just about every angle. Jo grew up around property investing in Wollongong, started her own property management agency at 22, and graduated into mid-to-large-scale development alongside her husband, a builder. Their projects scaled from a six-unit build on a site so narrow the architect designed it as a joke, through to a 35-unit, eight-storey mixed-use tower on Crown Street in Wollongong CBD. That final project was meant to be their last. It was fully leased on the commercial side, with strong pre-sales and record-setting rents. Then the Global Financial Crisis hit, the banks slashed their valuation by 40%, and the financier pulled the pin. Jo and her husband walked away with $60,000, their cars, and their clothes. This conversation covers the full arc of a development career, the mechanics of how deals are structured, and the uncomfortable reality that you can do everything right and still lose. What We Cover How growing up around property investing in Wollongong shaped Jo's approach to development, and how she fell into real estate through a traineeship she almost missed. Starting a property management agency at 22 as the first Sydney firm to specialise exclusively in residential property management. The transition from property management into development, teaming up with her husband (a builder) and why their complementary skill sets made the partnership work. Four development projects in detail: a six-unit build on a 2.5-metre-wide site in Hurstville, a 12-unit-plus-retail conversion of an old bank in Wanoona, 22 units and a shop on Victoria Street, and the 35-unit Crown Street tower. Why Jo never negotiated on price but always negotiated on terms, and how a two-year put-and-call option gave her the time to design, approve, and fund the Crown Street project without putting significant money down. The DA process, subject-to-DA contracts, and what happens when community backlash doubles your approval timeline from 12 months to 24. The Global Financial Crisis hitting one week after project completion, wiping out all pre-sales, and how the bank slashed the valuation by 40% before eventually forcing administration. Why incorrect structuring (no special purpose vehicles, no siloed entities) meant Jo and her husband lost everything they had accumulated across four projects. Walking away with $60,000, picking up a small building contract within two months, and slowly rebuilding from there. HOSTED BY: Steve Palise Ph: 0403 878 497 Email: steve@paliseproperty.com LinkedIn: https://au.linkedin.com/in/steve-palise CONNECT WITH JO NATOLI LinkedIn: au.linkedin.com/in/jonatoli Resources: Get FREE access to the Commercial Property Institute course - CLICK HERE Get FREE access to the Residential Property Institute course - CLICK HERE Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE Get your FREE Commercial Property Paydown Calculator CLICK HERE Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE
In this episode, Steve sits down with Liam Carmody, General Manager of Palise Property, and Mark Zreika, a commercial developer who has worked on projects across Dubai, Qatar, and Australia, including Dubai Airport, Dubai Metro, and Riyadh Metro. Mark's background is not your typical Australian developer story. He skipped the house-and-granny-flat apprenticeship and went straight into commercial, specifically industrial warehousing, after spotting a gap in the mid-tier market post-COVID. No giant tier-one developers, no small-time flippers, just a space most people weren't filling. They get into the real mechanics of commercial development: how to find sites before the market catches on, why access and driveway width matter more than gross floor area, how construction loans above 10% change the math, and why the feasibility study most people do first is usually wrong. What We Cover Why Mark chose commercial over residential from day one, How one client bought an older eight-unit warehouse for $1.4M, spent $200K on fencing, roller doors, and lease restructuring, and sold it 18 months later for $2.6M. The true cost of a construction loan above 10%, and what happens to your margin when a project runs from 18 months to 36. Why Mark set up his own construction company after getting burned on communication and cost blowouts from tier-one builders. Pre-sales, tier-one versus tier-two lenders, and why the difference between 100% pre-sales required and 25% can make or break a project timeline. The childcare development trap: why a DA-approved site is sometimes a warning sign, not a green light. How to read a site for access and why a warehouse with a single-lane driveway turns into a body corporate nightmare fast. Leaseback deals: when they work, when they're inflating a sale price to cover a below-market yield, and how Palise Property stress-tests the numbers. Why Mark always pays subcontractors first and what he thinks about developers who don't. HOSTED BY: Steve Palise Ph: 0403 878 497 Email: steve@paliseproperty.com LinkedIn: https://au.linkedin.com/in/steve-palise Liam Carmody Email: liam@paliseproperty,com LinkedIn: https://www.linkedin.com/in/liam-carmody-06b10172/ CONNECT WITH MARK ZREIKA LinkedIn: https://www.linkedin.com/in/mark-zreika-6592365b/ Resources Get FREE access to the Commercial Property Institute course - CLICK HERE Get FREE access to the Residential Property Institute course - CLICK HERE Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE Get your FREE Commercial Property Paydown Calculator CLICK HERE Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE
Steve Palise sits down with Liam Carmody to break down the pros and cons of buying property through a self-managed super fund. They cover how SMSFs actually work from setup through to purchase, what finance looks like inside super, the differences between buying residential vs commercial, and why so many investors are shifting toward commercial property in their SMSFs right now. Liam also shares his own SMSF investment story, including what he bought, where, what it's worth now, and his plan to turn a $260K super balance into a serious portfolio through strategic buy-sell-upgrade cycles. What We Cover How SMSFs actually work (and what they cost) Obtaining finance inside an SMSF Why commercial is overtaking residential in SMSFs The tax stuff (not financial advice) The contract and bare trust setup Don't sacrifice property quality for a tax saving Key Takeaways Your super fund is another bucket of money that's not yours right now anyway. The question is whether you're maximising it while you've got the time. Most people overestimate what they can do in the short term but vastly underestimate what they can do in the long term. You don't need to find a unicorn. The stuff that was yielding 6% at the time hasn't performed the way his "boring" 5% net yield asset has. If you're buying residential in super, have a clear exit plan. At some point it's never going to give you cash flow, so you'll have to sell it in retirement anyway. SMSF Disclaimer: The information provided in this video is for educational and informational purposes only and does not constitute financial, investment, legal, or taxation advice. Self-Managed Super Funds (SMSFs) are complex financial structures subject to strict Australian Tax Office (ATO) regulations, compliance obligations, and eligibility requirements. Any strategies or information discussed should not be acted upon without first seeking independent advice from a licensed financial adviser, registered tax agent, accountant, and/or legal professional who can assess your individual circumstances. Past performance is not indicative of future results. The hosts and contributors of this content are not responsible for any financial decisions made based on the information presented. Always conduct your own due diligence before making any investment decisions. HOSTED BY: Steve Palise Ph: 0403 878 497 Email: steve@paliseproperty.com LinkedIn: https://au.linkedin.com/in/steve-palise CONNECT WITH LIAM Liam Carmody Email: liam@paliseproperty,com LinkedIn: https://www.linkedin.com/in/liam-carmody-06b10172/ Resources Get FREE access to the Commercial Property Institute course - CLICK HERE Get FREE access to the Residential Property Institute course - CLICK HERE Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE Get your FREE Commercial Property Paydown Calculator CLICK HERE Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE
In this episode of Property Investing Explained, Steve sits down with Terry James, a Brisbane business owner and first-time commercial investor, to unpack the strategy behind securing a $4.65 million industrial asset with significant built-in upside. What began as a frustrating experience with another buyer’s agent ultimately led to a carefully selected property in one of Perth’s most tightly held industrial precincts. Terry has spent two decades building a successful commercial plumbing business in Brisbane after a pivotal redundancy in his late twenties pushed him into entrepreneurship. Over the years, he accumulated shares and residential property, gradually refining his investment philosophy. As he began thinking more seriously about long-term income and eventual retirement on the Gold Coast, commercial property emerged as a logical replacement for business cash flow. The transition, however, required clarity, patience and a willingness to ignore noise. The property Terry ultimately secured is a dual-tenanted industrial asset in Maddington, Perth, positioned on approximately 1,000 square metres of land with two tilt-panel warehouses and established operators in place. What stood out was not the headline yield, but the mispriced lease. With one tenant significantly under market rent, the deal offered immediate equity creation through a structured rental uplift. For investors concerned that “all the good deals are gone”, this conversation demonstrates how disciplined underwriting and market knowledge still uncover opportunity. This episode covers: Why under-rented industrial assets can create immediate equity without relying on speculation The importance of lease rate benchmarking within tightly held precincts How a 30% rental uplift was negotiated through a market review Why tenant quality and location often matter more than chasing a higher yield The lending realities of lower-yield assets and how LVR shifts at sub-6% yields The strategic case for buying one larger commercial asset instead of multiple smaller ones How commercial property can replace business income in a structured retirement plan Why patience and disciplined deal filtering lead to better long-term outcomes Following the settlement, Terry successfully negotiated a new five-year lease with a 30% rental increase for one tenant, lifting annual income from approximately $271,000 to over $314,000. With CPI growth and future reviews, projections indicate the property could generate close to $460,000 per annum within a decade, with debt substantially reduced or cleared. For Terry, this is not about endless scaling. It is about replacing active income with reliable, compounding passive cash flow. This episode is particularly relevant for business owners, high-income professionals and experienced investors considering their first substantial commercial acquisition. It offers a grounded look at risk management, capital allocation and the discipline required to secure quality assets in competitive markets. Listeners will walk away with a clearer understanding of how to identify mispriced leases, structure long-term income, and build commercial exposure with intention rather than haste. Get FREE access to the Commercial Property Institute course - CLICK HERE Get FREE access to the Residential Property Institute course - CLICK HERE Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE Get your FREE Commercial Property Paydown Calculator CLIC
In this episode of Commercial Property Investing Explained , Steve Palise sits down with anaesthetist, academic, and investor Alwin Chuan to unpack how he went from being almost entirely invested in shares to building a diversified residential and commercial property portfolio that is now positively geared and largely self-sustaining. The conversation traces Alwin’s journey from humble beginnings as a first-generation migrant in Sydney’s west, through decades in medicine, to making some of his biggest investment decisions during periods of uncertainty like the GFC and post-COVID markets. Alwin shares why residential property alone was not enough to meet his long term goals, what attracted him to commercial property, and how yield, lease structure, and tenant quality became critical as retirement moved from a distant idea to a real planning horizon. This episode covers: Alwin’s early exposure to investing through shares and how that shaped his risk mindset Why he bought property during downturns and how those decisions paid off long term The key differences between residential and commercial property, including yield, risk, and tenant relationships How Alwin transitioned from almost 100% shares to a multi-asset portfolio Why positive cash flow changed how he thinks about investing, stress, and retirement The commercial properties he owns today, including medical and industrial assets, with zero day vacancy Why the property manager is, in his view, the most important person in a property portfolio How Alwin thinks about retirement optionality, semi-retirement, and intergenerational wealth Whether you are a medical professional, a residential investor considering commercial property, or someone thinking seriously about building income streams that support long-term flexibility, this episode offers grounded insights from someone who has lived through multiple market cycles and made deliberate, patient decisions along the way. Get FREE access to the Commercial Property Institute course - CLICK HERE Get FREE access to the Residential Property Institute course - CLICK HERE Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE Get your FREE Commercial Property Paydown Calculator CLICK HERE Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE HOSTED BY: Steve Palise Ph: 0403 878 497 Email: steve@paliseproperty.com LinkedIn: https://au.linkedin.com/in/steve-palise CONNECT WITH Alwin Chuan LinkedIn: https://www.linkedin.com/in/alwin-chuan-phd-fanzca-094880288/
In this episode of Commercial Property Investing Explained, Steve Palise sits down with Dr. Anna Pham, a doctor, entrepreneur, and successful property investor, to discuss her journey from building a medical practice to amassing a large property portfolio. The conversation kicks off with Steve’s visit to Anna’s clinic for a men’s health check, before diving into how Anna’s strategic investments in both residential and commercial property helped her secure financial independence and create a legacy for her family. This episode covers: Anna’s path from refugee to successful doctor and property investor The importance of leveraging property for financial security as a doctor How Anna’s residential property investments set the foundation for her portfolio The shift from residential to commercial property for better cash flow and growth Key lessons learned from Anna’s mistakes and the turning points in her investing journey How Anna’s strategic mindset and disciplined approach led to consistent growth in her portfolio The role of sustainability and entrepreneurship in healthcare and property investing Whether you're a doctor looking to invest in property or someone interested in the mindset behind successful property investing, this episode offers valuable insights and actionable advice to build a robust, sustainable portfolio. And yes, Steve did manage to squeeze in a prostate exam at the end – talk about a well-rounded visit Get FREE access to the Commercial Property Institute course - CLICK HERE Get FREE access to the Residential Property Institute course - CLICK HERE Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE Get your FREE Commercial Property Paydown Calculator CLICK HERE Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE HOSTED BY: Steve Palise Ph: 0403 878 497 Email: steve@paliseproperty.com LinkedIn: https://au.linkedin.com/in/steve-palise CONNECT WITH DR ANNA PHAM Website: https://www.narellanmedicalskin.com.au/ LinkedIn: https://www.linkedin.com/in/dr-anna-pham/ Instagram: https://www.instagram.com/narellanmas/
In this episode of Commercial Property Investing Explained , Steve Palise sits down with Jeremy Iannuzzelli, one of Australia’s leading property accountants, to break down how to invest through superannuation the smart way. From managing thousands of investor portfolios every year to building his own multimillion-dollar property holdings, Jeremy shares what most investors get wrong about using their super to buy property and how to structure for long-term wealth. This episode covers: How to invest your super for your age and stage of life The key differences between residential and commercial property inside super Why growth vs cash flow balance becomes critical heading into pension phase The real impact of the government’s new 5% deposit scheme What the new Division 296 and inheritance tax discussions mean for investors How to protect your portfolio against shifting super and trust legislation The biggest mistakes Jeremy sees investors make, and how the smartest ones pivot Whether you’re just setting up an SMSF or managing multiple properties, this conversation will help you future-proof your portfolio and build wealth that lasts. Get FREE access to the Commercial Property Institute course - CLICK HERE Get FREE access to the Residential Property Institute course - CLICK HERE Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE Get your FREE Commercial Property Paydown Calculator CLICK HERE Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE HOSTED BY: Steve Palise Ph: 0403 878 497 Email: steve@paliseproperty.com LinkedIn: https://au.linkedin.com/in/steve-palise CONNECT WITH JEREMY Website: https://www.praediumpartners.com.au/ LinkedIn: linkedin.com/in/jeremy-iannuzzelli-5bb6045b Instagram: https://www.instagram.com/jeremy_ianna/
In this episode of Commercial Property Investing Explained , Steve Palise sits down with Andrew Morello, winner of The Apprentice , Head of Business Development at The Entourage, and investor behind thousands of deals, to unpack what separates thriving tenants from the ones that fail. From running 1,500 auctions to coaching over 15,000 business owners, Morello reveals the traits he looks for before backing an operator, how to vet a tenant beyond the numbers, and why mindset and systems often matter more than the P&L. This episode covers: The six key elements Morello uses to assess any business (marketing, sales, product fit, operations, finances, and people) How to spot high-performing tenants before signing a lease Red flags in small business operations that signal future trouble Why most people fail to execute even when given the playbook The future of office spaces, childcare centres, and service stations How business owners can use self-managed super funds (SMSFs) to buy their own premises Real-world examples of how landlords can support long-term business success Get FREE access to the Commercial Property Institute course - CLICK HERE Get FREE access to the Residential Property Institute course - CLICK HERE Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE Get your FREE Commercial Property Paydown Calculator CLICK HERE Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE HOSTED BY: Steve Palise Ph: 0403 878 497 Email: steve@paliseproperty.com LinkedIn: https://au.linkedin.com/in/steve-palise
🔗Get FREE access to the Residential Property Institute course 👉 https://academy.propertyinstituteaustralia.com.au/offers/wmHWoVi8/checkout 🔗 Need help securing your next commercial property? 👉 Schedule a FREE consultation with Palise Property: https://www.paliseproperty.com/ _ From a beer with mates to a multimillion-dollar portfolio, Hamish shares how he went from zero to 16 tenants, doubling property values and generating five-figure cash flow in just three years through smart structures, commercial deals, and relentless drive. — 📋 Download our 100 Point Due Diligence Checklist 👉 https://www.paliseproperty.com/due-diligence-checklist — Steve Palise is a buyer’s agent experienced in sourcing quality commercial property investments. He has helped thousands of clients secure and purchase properties. Steve Palise has worked for Australia’s leading buyers’ agencies and is passionate about helping others to achieve their goals and financial freedom. His philosophy: Investments should increase your wealth and passive income with as little risk as possible. Contact us: https://www.paliseproperty.com/contact — Connect Website: https://www.paliseproperty.com/ Facebook: https://www.facebook.com/paliseproperty/ LinkedIn: https://www.linkedin.com/in/steve-palise Instagram: https://www.instagram.com/paliseproperty/ — Video produced by Social Wave https://www.socialwave.com.au — DISCLAIMER: Not Legal, Financial & Taxation Advice. The Listener acknowledges and agrees that: • Any information provided by us is provided as general information and for general information purposes only; • We have not taken the Listeners’ personal and financial circumstances into account when providing information; • We must not and have not provided legal, financial or taxation advice to the Listener; • The information provided must be verified by the Listener prior to the Listener acting or relying on the information by an independent professional advisor including a legal, financial, and taxation advisor and the Listener’s accountant; • The information may not be suitable or applicable to the Listener’s individual circumstances; • We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, and we have not provided financial services to the Listener.
In this episode of Commercial Property Investing Explained , Steve Palise chats with Iynka, an ex-engineer turned residential buyer’s agent, who hit the finance wall after four Melbourne properties and realised his strategy needed to change. After years of chasing property numbers, Iynka pivoted into commercial and landed a single deal that added over $500k in equity and $20k in annual cash flow, a true game changer for both his portfolio and lifestyle. This episode covers: The early mistakes that stalled Iynka’s growth (and how to avoid them) Why accumulating properties doesn’t equal financial freedom When to pivot from residential to commercial How one industrial deal reshaped his portfolio and mindset Lessons from a failed retail tenancy vs. a thriving warehouse lease Why due diligence is non-negotiable in commercial property The lifestyle shift of moving from engineering to buyer’s agency How property investing gave him the freedom to spend more time with his young family ▶️ Want to see the full video breakdown? https://youtu.be/fyz-_CfToiY?si=oFbECIU7Mbj3NBmg Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE Get your FREE Commercial Property Paydown Calculator CLICK HERE Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE Get FREE access to the Commercial Property Institute course - CLICK HERE HOSTED BY: Steve Palise Ph: 0403 878 497 Email: steve@paliseproperty.com LinkedIn: https://au.linkedin.com/in/steve-palise Iynka Logan LinkedIn: https://www.linkedin.com/in/iynka-logan-52940165
In this episode of Commercial Property Investing Explained, Steve Palise chats with investor-turned-buyer’s-agent Belinda, who built a 10-property portfolio, including commercial and residential, by the age of 32. From student rentals and duplexes to trusts, SMSFs and tobacconist tenancies, this is a real-world look at the ups, downs, and mindset shifts behind building serious wealth through property in your 20s and 30s. This episode covers: How Belinda bought her first property in Townsville at 20 Lessons from high-yield strategies that didn’t work as planned Transitioning from residential to commercial property Using multiple brokers and trusts to unlock serviceability How she balanced full-time work, 7+ side jobs and investing Moving to the US mid-journey—and coming back stronger Why she sold her home to rentvest again (even while pregnant) Creative ways she’s used strata, zoning and SMSFs to grow Her personal TAP framework (Team, Action, Patience) Advice for other women building portfolios from scratch ▶️ Want to see the full breakdown? No BS Advice to Build a 10-Property Portfolio in Your 20s & 30s Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE Get your FREE Commercial Property Paydown Calculator CLICK HERE Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE Get FREE access to the Commercial Property Institute course - CLICK HERE HOSTED BY: Steve Palise Ph: 0403 878 497 Email: steve@paliseproperty.com LinkedIn: https://au.linkedin.com/in/steve-palise Belinda Stanley Email: belinda@paliseproperty.com
In this episode of Commercial Property Investing Explained, Steve Palise sits down with someone very close to home: his fiancée and former Lloyd’s of London insurance broker, Lisa Hiscock. Together, they unpack the real-life risks that can derail your commercial property investment… and how smart insurance strategies can protect your portfolio from the unexpected. This episode covers: Why insurance isn’t just a formality, it’s your last line of defence The difference between property insurance, fit-out cover, liability, and loss of rent Real examples of claims and disasters that crushed unprepared landlords What most investors get wrong about body corporate insurance Why flood cover can destroy your cash flow if you don’t read the fine print High-risk tenant red flags (including tattoo parlours, laundromats, and tobacconists) How to save on premiums through smarter risk management Understanding reinsurance, public liability, excesses, and what brokers actually do A surprising story about terrorism insurance, warehouse fires… and their love story ▶️ Want to see the full breakdown? Watch the episode on YouTube: No BS Advice to Protect Your Commercial Property From Worst-Case Scenarios Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE Get your FREE Commercial Property Paydown Calculator CLICK HERE Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE Get FREE access to the Commercial Property Institute course - CLICK HERE HOSTED BY: Steve Palise Ph: 0403 878 497 Email: steve@paliseproperty.com LinkedIn: https://au.linkedin.com/in/steve-palise Lisa Hiscock Website: https://hakeainsurancebrokers.com/ LinkedIn: https://www.linkedin.com/in/lisa-hiscock-7308a259/ Email: lisa@hakeainsurancebrokers.com
In this episode of Commercial Property Investing Explained , Jarrod McKenzie joins hosts Steve Palise and Adrian Chicino to unpack how he built a 10-property portfolio, transitioning from a Macca’s manager to owning over $10 million in residential and commercial assets by the age of 30. Jared shares the full story: starting with a backyard buy in Western Sydney, leveraging non-bank lenders to scale fast, then strategically pivoting into commercial to secure long-term cash flow. He’s now sitting on four commercial properties nationwide, with strong tenant profiles, equity upside, and predictable income, even in a high-interest rate environment. This episode covers: How Jared bought 10 properties before 30, starting from a $50K income The exact buy-refinance-repeat system he used to scale his residential portfolio Why he pivoted from residential to commercial (and how interest rates forced the shift) How he leveraged his mortgage broking income and timing to refinance at scale His full commercial portfolio breakdown (Cheesecake Shop, gym leaseback, warehouse, and more) Lease structures, DD challenges, and why one deal nearly fell over at the 11th hour How he’s now using his SMSF to acquire high-yield commercial with minimal out-of-pocket What he’d do differently and how new investors can think long-term from day one ▶️ Want to see the full breakdown? Watch the episode on YouTube: How a Macca’s Manager Built a $10M Property Portfolio Before Turning 30 Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE Get your FREE Commercial Property Paydown Calculator CLICK HERE Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE Get FREE access to the Commercial Property Institute course - CLICK HERE HOSTED BY: Steve Palise Ph: 0403 878 497 Email: steve@paliseproperty.com LinkedIn: https://au.linkedin.com/in/steve-palise Adrian Chicino LinkedIn: https://www.linkedin.com/in/adrian-cicino-08b9a96b/ Email: adrian@paliseproperty.com
In this episode of Commercial Property Investing Explained , Beau Thaller joins hosts Steve Palise and Adrian Chicino to share how he turned a weekend Lego side hustle into a $1 million commercial property portfolio in under two years. With no prior investing experience, Beau built equity fast through two well-located commercial assets in Perth. One was a warehouse with value-add potential, and the other a retail property that skyrocketed in value within months of purchase. This episode covers how Beau leveraged his eCommerce business to fund deposits, why he chose commercial over residential, and what it really takes to build a portfolio from scratch. We also get into: Why Beau walked away from residential investing after his first home build How he added nearly $500K in equity from just two properties Structuring deals for strong cash flow with upside through market reviews Lease terms, tenant negotiations, and managing risk as a new investor How a side hustle turned full-time income helped him scale faster The mezzanine equity strategy that adds value without major renovations Why Palise Property advised him to walk away from a deal, and what happened next ▶️ Want to see the full breakdown? Watch the episode on YouTube: He Turned a Lego Side Hustle Into a Property Portfolio Worth Over $1M Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE Get your FREE Commercial Property Paydown Calculator CLICK HERE Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE Get FREE access to the Commercial Property Institute course - CLICK HERE HOSTED BY: Steve Palise Ph: 0403 878 497 Email: steve@paliseproperty.com LinkedIn: https://au.linkedin.com/in/steve-palise Adrian Chicino LinkedIn: https://www.linkedin.com/in/adrian-cicino-08b9a96b/ Email: adrian@paliseproperty.com
In this episode of Commercial Property Investing Explained, the mics flip again as Andrew Bean grills co-host Steve Palise about the most recent addition to his personal portfolio: an $3.175 million neighbourhood retail centre in south-east Queensland. With a lease-doc loan, a 50% deposit and a yield just shy of 6%, Steve locked in roughly $100k of net passive income from day one, added $150k of value within a fortnight, and set himself up to nudge an 8% yield without lifting a paintbrush. You’ll hear the full breakdown, from how he out-bid three other buyers by going unconditional (and still “over-paying” by only 2.5%), to why boring, multi-tenant strip retail beats chasing a massive residential property portfolio. We also get into: The lease-doc loan playbook: structuring a three-year, interest-only facility around the asset’s WALE (and why a short loan term didn’t scare him) Insurance shocks and laundromats: the hidden costs of tobacconists, lint filters and public-access assets and the simple tweaks that slashed premiums How one vacancy swap lifted the cap rate overnight and set a new rental benchmark for the entire centre ▶️ And if you want to see the walkthrough of the deal, check out the full video on YouTube: I bought a shopping centre (and sold all of my resi properties) Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE Get your FREE Commercial Property Paydown Calculator CLICK HERE Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE Get FREE access to the Commercial Property Institute course - CLICK HERE HOSTED BY: Steve Palise Ph: 0403 878 497 Email: steve@paliseproperty.com LinkedIn: https://au.linkedin.com/in/steve-palise
In this episode of Commercial Property Investing Explained, we’re flipping the script. Steve Palise takes over the mic to interview our usual host, Andrew Bean — and for good reason. Because in under 12 months, Andrew turned a tired, underperforming self-storage facility in Wollongong into a fully renovated, cash-flowing beast… and walked away with $2.3 million in equity. With just $150k down. No bank funding upfront. And a whole lot of hustle. You’ll hear the full story — from the creative deal structure (hint: it involved an option contract and 150+ tenants), to the exact improvements he made, how he funded the renos using revenue from the property itself, and how he dealt with angry tenants when their rents doubled overnight. We also get into: Why self-storage is one of the most overlooked commercial asset classes How Andrew negotiated a win-win for every party in the deal (including the agent) The real cost of creating “passive” income (spoiler: it’s not so passive) If you’ve ever wanted a breakdown of what it actually takes to pull off a value-add commercial deal — this is it. ▶️ And if you want to see the walkthrough of the deal, check out the full video on YouTube: How He Made $2.3M in Less than 12 Months with Almost NO Money Down Meet Andrew Bean Andrew is the Head of Client Strategy at Palise Property and the host of The Commercial Property Show Australia — the country’s #1 podcast on commercial real estate. He’s been investing in commercial property since 2016 and is now regarded as one of Australia’s leading educators on self-storage investing. He’s also the founder of CP Data, the first platform to break down commercial markets by sector using data — and a former professional baseball player for Australia and Germany. When he’s not scouting deals or recording podcasts, you’ll find him hanging out with his kids or at the CrossFit gym. Get your FREE copy of Commercial Property Investing Explained Simply - Use discount code PODCAST CLICK HERE Get your FREE Commercial Property Paydown Calculator CLICK HERE Follow Palise Property on FACEBOOK for Free Tips Tricks & Insights CLICK HERE Get FREE access to the Commercial Property Institute course - CLICK HERE HOSTED BY: Steve Palise Ph: 0403 878 497 Email: steve@paliseproperty.com LinkedIn: https://au.linkedin.com/in/steve-palise
🔗 Need help securing your next commercial property? 👉 Schedule a FREE consultation with Palise Property: https://www.paliseproperty.com/ We sat down with Belinda the Valuer to unpack what really goes into commercial vs residential property valuations—and how to play the game smarter as an investor. Connect with Belinda: Website: https://addvaluer.com/ LinkedIn: https://www.linkedin.com/in/belinda-botzolis-30010a151/ Instagram: https://www.instagram.com/belinda.the.valuer/ TikTok: https://www.tiktok.com/@thevaluer — 📋 Download our 100 Point Due Diligence Checklist 👉 https://www.paliseproperty.com/due-diligence-checklist — Steve Palise is a buyer’s agent experienced in sourcing quality commercial property investments. He has helped thousands of clients secure and purchase properties. Steve Palise has worked for Australia’s leading buyers’ agencies and is passionate about helping others to achieve their goals and financial freedom. His philosophy: Investments should increase your wealth and passive income with as little risk as possible. Contact us: https://www.paliseproperty.com/contact — Connect Website: https://www.paliseproperty.com/ Facebook: https://www.facebook.com/paliseproperty/ LinkedIn: https://www.linkedin.com/in/steve-palise Instagram: https://www.instagram.com/paliseproperty/ — Video produced by Social Wave https://www.socialwave.com.au — DISCLAIMER: Not Legal, Financial & Taxation Advice. The Listener acknowledges and agrees that: • Any information provided by us is provided as general information and for general information purposes only; • We have not taken the Listeners’ personal and financial circumstances into account when providing information; • We must not and have not provided legal, financial or taxation advice to the Listener; • The information provided must be verified by the Listener prior to the Listener acting or relying on the information by an independent professional advisor including a legal, financial, and taxation advisor and the Listener’s accountant; • The information may not be suitable or applicable to the Listener’s individual circumstances; • We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, and we have not provided financial services to the Listener.