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546 | The Frankenstein Portfolio That Lost $159K—And How to Avoid It

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Manage episode 482859143 series 2449869
Content provided by Bryce Holdaway & Ben Kingsley, Bryce Holdaway, and Ben Kingsley. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bryce Holdaway & Ben Kingsley, Bryce Holdaway, and Ben Kingsley or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In Ep 546, Bryce is joined by returning guest Dave Robertson—Head of Property Wealth Planning at Empower Wealth—to dive deep into one of the scariest (and most common) traps in property investing:

The Frankenstein Portfolio.

These portfolios are stitched together from forums, free seminars, and flashy Finfluencer advice…

but lack one crucial ingredient: a plan.

👉 If you missed our intro to the concept, check out Ep 543: What Is a Frankenstein Portfolio?

In this follow-up episode, we’re going one step further and revealing how to fix it — with 3 real-life investor case studies.

FREE STUFF MENTIONED

  • Over 5,000 lives changed through strategic property planning 🎉
    Our financial advisory, Empower Wealth, has officially created 5,000 Property Wealth Plans—that’s thousands of aspiring Aussies, their families and future generations gaining clarity, structure, and a clear path toward financial peace.
    This means:
    💼 More than $10.5 billion in property recommendations
    🏡 Over 9,400 investment properties suggested through strategic planning, and
    ✅ Countless lives changed with structured, tailored roadmaps to wealth!
    A huge thank you to our brilliant advisory team and clients who’ve trusted us with their journey. 🙏
    Want to see how a property plan would look with your goals? Book a free initial chat with our team today >>
  • Want a copy of How to Retire on $3,000 a Week — before it hits bookstores? 📘
    To celebrate Bryce’s 50th birthday and raise funds to restore eyesight for 100 people in Indonesia, we’re gifting a copy of the new book to anyone who donates $100 or more to the John Fawcett Foundation.
    ✔️ 100% of your donation goes directly to sight-saving surgeries
    ✔️ You’ll receive the book before it hits shelves
    Simply:
  1. Donate $100+ at 👉 thepropertycouch.com.au/donation
  2. Forward your receipt to 📩 [email protected]
    We’re halfway to our $10,000 goal, with just days to go. Every donation counts!

LISTEN TO THE FIRST 20 EPISODES HERE >>
MOORR MONEY MANAGEMENT APP:
👉 Apple: https://apple.co/3ioICGW
👉 Google Play: https://bit.ly/3OT86bW
👉 Web platform: https://www.moorr.com.au/
FREE MASTERCLASS:
- How to Build a Property Portfolio and Retire on $2,000 a week >>
FREE BEST-SELLING BOOKS:
- The Armchair Guide to Property Investing
- Make Money Simple Again
FIND US HERE:
- Website
- Instagram
- Facebook
- Youtube

  continue reading

Chapters

1. 546 | The Frankenstein Portfolio That Lost $159K—And How to Avoid It (00:00:00)

2. More than 5,000 aspiring Australian households helped! (00:01:25)

3. Want a free copy of How to Retire on $3,000 a Week? (00:07:54)

4. Mindset Minute: The gold in your cracks (00:09:58)

5. Welcome, Dave! (00:13:51)

6. Refresher: What is a Frankenstein Portfolio? (00:14:22)

7. Case Study 1: Ryan & Claire (The Frankenstein Portfolio) (00:17:37)

8. Why most folks do well selecting their PPORs (00:18:28)

9. Property #1: Over a decade yet a decline of $150K? 🙁 (00:20:14)

10. Why Rental Guarantees are one of the biggest red flags to run from (00:24:42)

11. Property #2: A repeat unit offender (00:26:50)

12. Property #3: The market they jumped into too late (00:29:48)

13. The development block project: Interest rates & reno plans (00:32:15)

14. Why did they seek help? (00:36:51)

15. Fixing their Frankenstein portfolio (00:37:54)

16. Boring vs. “Exciting" property plans (00:42:35)

17. Case Study 2: Steve & Elisa (The “Needs Work” Portfolio) (00:45:39)

18. Property #1: The high-volume game (00:46:38)

19. Property #2: No science in the asset selection (00:49:12)

20. Property #3: The Tassie house they bought in the peak of the cycle (00:50:39)

21. Growing the family home: What properties should they keep or sell? (00:52:45)

22. Should they buy a new home or redevelop their PPOR? (00:55:25)

23. “Planning is not just about your next investment property” (00:57:30)

24. Case Study 3: Mark & Tracey (The Successful Portfolio) (00:59:54)

25. What a calm, strategic plan looks like! (01:02:53)

26. “If you want adrenaline, go bungee jumping. If you’re investing, it should be boring.” (01:04:55)

27. Wrap up: Similarities & Red Flags (And how to avoid them!) (01:07:27)

28. Why boring is the goal! (01:10:25)

29. Dedicated to Ben’s father-in-law (01:11:53)

30. Life By Design hack: The #1 parenting skill we forget: Listening. (01:13:28)

31. WMPN: The average Aussie inheritance (01:17:59)

729 episodes

Artwork
iconShare
 
Manage episode 482859143 series 2449869
Content provided by Bryce Holdaway & Ben Kingsley, Bryce Holdaway, and Ben Kingsley. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bryce Holdaway & Ben Kingsley, Bryce Holdaway, and Ben Kingsley or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In Ep 546, Bryce is joined by returning guest Dave Robertson—Head of Property Wealth Planning at Empower Wealth—to dive deep into one of the scariest (and most common) traps in property investing:

The Frankenstein Portfolio.

These portfolios are stitched together from forums, free seminars, and flashy Finfluencer advice…

but lack one crucial ingredient: a plan.

👉 If you missed our intro to the concept, check out Ep 543: What Is a Frankenstein Portfolio?

In this follow-up episode, we’re going one step further and revealing how to fix it — with 3 real-life investor case studies.

FREE STUFF MENTIONED

  • Over 5,000 lives changed through strategic property planning 🎉
    Our financial advisory, Empower Wealth, has officially created 5,000 Property Wealth Plans—that’s thousands of aspiring Aussies, their families and future generations gaining clarity, structure, and a clear path toward financial peace.
    This means:
    💼 More than $10.5 billion in property recommendations
    🏡 Over 9,400 investment properties suggested through strategic planning, and
    ✅ Countless lives changed with structured, tailored roadmaps to wealth!
    A huge thank you to our brilliant advisory team and clients who’ve trusted us with their journey. 🙏
    Want to see how a property plan would look with your goals? Book a free initial chat with our team today >>
  • Want a copy of How to Retire on $3,000 a Week — before it hits bookstores? 📘
    To celebrate Bryce’s 50th birthday and raise funds to restore eyesight for 100 people in Indonesia, we’re gifting a copy of the new book to anyone who donates $100 or more to the John Fawcett Foundation.
    ✔️ 100% of your donation goes directly to sight-saving surgeries
    ✔️ You’ll receive the book before it hits shelves
    Simply:
  1. Donate $100+ at 👉 thepropertycouch.com.au/donation
  2. Forward your receipt to 📩 [email protected]
    We’re halfway to our $10,000 goal, with just days to go. Every donation counts!

LISTEN TO THE FIRST 20 EPISODES HERE >>
MOORR MONEY MANAGEMENT APP:
👉 Apple: https://apple.co/3ioICGW
👉 Google Play: https://bit.ly/3OT86bW
👉 Web platform: https://www.moorr.com.au/
FREE MASTERCLASS:
- How to Build a Property Portfolio and Retire on $2,000 a week >>
FREE BEST-SELLING BOOKS:
- The Armchair Guide to Property Investing
- Make Money Simple Again
FIND US HERE:
- Website
- Instagram
- Facebook
- Youtube

  continue reading

Chapters

1. 546 | The Frankenstein Portfolio That Lost $159K—And How to Avoid It (00:00:00)

2. More than 5,000 aspiring Australian households helped! (00:01:25)

3. Want a free copy of How to Retire on $3,000 a Week? (00:07:54)

4. Mindset Minute: The gold in your cracks (00:09:58)

5. Welcome, Dave! (00:13:51)

6. Refresher: What is a Frankenstein Portfolio? (00:14:22)

7. Case Study 1: Ryan & Claire (The Frankenstein Portfolio) (00:17:37)

8. Why most folks do well selecting their PPORs (00:18:28)

9. Property #1: Over a decade yet a decline of $150K? 🙁 (00:20:14)

10. Why Rental Guarantees are one of the biggest red flags to run from (00:24:42)

11. Property #2: A repeat unit offender (00:26:50)

12. Property #3: The market they jumped into too late (00:29:48)

13. The development block project: Interest rates & reno plans (00:32:15)

14. Why did they seek help? (00:36:51)

15. Fixing their Frankenstein portfolio (00:37:54)

16. Boring vs. “Exciting" property plans (00:42:35)

17. Case Study 2: Steve & Elisa (The “Needs Work” Portfolio) (00:45:39)

18. Property #1: The high-volume game (00:46:38)

19. Property #2: No science in the asset selection (00:49:12)

20. Property #3: The Tassie house they bought in the peak of the cycle (00:50:39)

21. Growing the family home: What properties should they keep or sell? (00:52:45)

22. Should they buy a new home or redevelop their PPOR? (00:55:25)

23. “Planning is not just about your next investment property” (00:57:30)

24. Case Study 3: Mark & Tracey (The Successful Portfolio) (00:59:54)

25. What a calm, strategic plan looks like! (01:02:53)

26. “If you want adrenaline, go bungee jumping. If you’re investing, it should be boring.” (01:04:55)

27. Wrap up: Similarities & Red Flags (And how to avoid them!) (01:07:27)

28. Why boring is the goal! (01:10:25)

29. Dedicated to Ben’s father-in-law (01:11:53)

30. Life By Design hack: The #1 parenting skill we forget: Listening. (01:13:28)

31. WMPN: The average Aussie inheritance (01:17:59)

729 episodes

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