Shows
Accounting Insider - Property, Wealth, Business Tips & Tricks84 - How I made a million dollars for my mechanicThis episode is about how my friend came to me very worried about his financial future. He had no money to retire on. I found him a great property, organised the loan, helped with the Reno and now he’s set for life.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building soluti...2025-03-1942 minAccounting Insider - Property, Wealth, Business Tips & Tricks83 - What I learned from purchasing my first brand new carBuying a new car isn't what it used to be. Here's what I learned about buying my first ever brand new car.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances.
Whether it is minimising tax for a multi-million dollar business, a retirement plan for a high...2024-12-0237 min
Living The Australian Dream - For General PractitionersPart 6, GP recruitment fundamentals: Business & money for doctors in AustraliaMoving to Australia raises a lot of questions about business, money, tax and wealth for General Practitioners.
To help us unpack all the different financial implications for doctors moving down under, Gemma is joined by Kym Nitschke.
Kym from Nitschke Nancarrow is an accountant, financial planner and business expert who has specialises in working with medical professionals.
In this episode, Kym and Gemma cover all the big money issues impacting doctors ... tune in now!
Don't miss any insights - hit subscribe now and follow Living The Australian Dream.2024-01-1729 min
Accounting Insider - Property, Wealth, Business Tips & Tricks82 - Upgrading your rideWhat's making buying a new car stack up at the moment. This episode touches on what to look for and what to avoid.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances.
Whether it is minimising tax for a multi-million dollar business, a retirement plan for a hi...2022-08-1528 min
Accounting Insider - Property, Wealth, Business Tips & Tricks81 - I almost died twice in 24 hoursWhat started out as a normal day at the office, took a horrible turn for the worse. I reflect on that day and the impact it's had on me and my business.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances.
Whether it is minimising tax for...2022-05-271h 02
Accounting Insider - Property, Wealth, Business Tips & Tricks80 - A real estate deal too good to be trueThis is the story about an off market property that was offered to me. I just happened to be in the right place at the right time. However, it probably wasn't my greatest moment in real estate, so tune in and find out why.2021-11-1630 minAccounting Insider - Property, Wealth, Business Tips & Tricks79 - My New Beach HouseThis is the story about how I purchased my new Beach House. In this crazy Pandemic priced property environment, I managed to bed down a deal. Tune in and listen to the journey.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances.
Whether it is minimising tax...2021-10-3059 min
Accounting Insider - Property, Wealth, Business Tips & Tricks78 - My IPhone 12 Pro and my rubber band trick.This is my story about my new iPhone and how important it is to me in my everyday life. This podcast documents my iPhone journey over the past couple of years, from second bargain buys on eBay to being one of the first people to receive the new series 12 release. My story starts in Shenzhen of all places.
bout Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and bu...2020-11-2625 min
The Elephant In The Room Property Podcast | Inside Australian Real EstateKym Nitschke | How to structure your property portfoliosKym Nitschke the ‘jack of all trade’ regales the team on the exciting trials and tribulations of an accountant on the quest to discover the best ways to structure property portfolios. Kym is the CEO of Nitschke Nancarrow Accountants which has over 1200 business and individual clients, he is a qualified financial advisor, chartered accountant and is a licensed builder. Kym highlights the impact of capital gains tax and how to make the most of it, and gets personal with what he has seen that his plethora of clients have gotten wrong and of course what he has done wrong; lots...2020-10-191h 07
Accountants On PurposeAccountants on Purpose Special - The Goddess of Governance in the Hot SeatIn this very special episode of Accountants on Purpose, previous guest Kym Nitschke - CEO of Nitschke Nancarrow Accountants, plays host and puts Sarah Bartholomeusz in the podcast hot seat. If you love listening to Accountants on Purpose then you will love the conversation between Kym and Sarah! Get to know the Goddess of Governance as Kym asks all of the questions that you want to know. In this episode we cover: Why Sarah chose to create a podcast focussing on accountants and their industry. The experiences that Sarah has be...2020-07-1349 min
Accounting Insider - Property, Wealth, Business Tips & Tricks77 - My Tesla CybertruckI'm not one to buy new cars but for this car I've made an exception. In fact it's my first new car in 30 years of motoring. Here's my take on the car that's a game changer.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances.
Whether it i...2020-04-1537 minAccounting Insider - Property, Wealth, Business Tips & Tricks76 - #WFH Working from HomeThis episode explores what week 2 of isolation looks like for me. I give my insights into the situation and explain how I'm coping with the new world of zoom meetings and logging in from home.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances.
Whether it is m...2020-04-1134 minAccounting Insider - Property, Wealth, Business Tips & Tricks75 - The Economic ArmageddonThis is an analysis of the madness that's taking place around me. Plus chickens, dairy cows, growing my own veggies and some other positive things that have taken place.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances.
Whether it is minimising tax for a multi-million doll...2020-03-3040 minAccounting Insider - Property, Wealth, Business Tips & Tricks74 I just bought another property - the story behind the dealThis is a deep dive into all the work that goes into buying another property. I reveal all the secrets that I used in buying a stone home on 20 acres off market for myself.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances.
Whether it is mini...2020-03-0257 minAccounting Insider - Property, Wealth, Business Tips & Tricks73 - A conversation with Telstra business woman of the year. Her journey and the key to her success.Sarah Bartholomeusz is a dynamic lawyer. I'm very impressed by the way she runs her business and how she has carved a niche for herself in a very competitive and sometimes aggressive market.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances.
Whether it is minimising tax...2020-02-2449 minAccounting Insider - Property, Wealth, Business Tips & Tricks72 - Buying another office. Here's the story behind why it took me 12 years to orchestrate the dealIn this episode I describe all of the negotiation tools that I used to overcome the odds and purchase another property at a very reasonable price.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances.
Whether it is minimising tax for a multi-million dollar business, a reti...2020-02-221h 01
Accounting Insider - Property, Wealth, Business Tips & TricksEp 71 From Ski Lift operator to becoming the NSW "Flying Doctor"Dr Lincoln Pike started as a squatter in a derelict house in NZ. He got his life on track, put himself through med school and now flies his plane around NSW, working as a rural GP. This is his remarkable story.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all...2020-01-241h 10
Accountants On PurposeHow Your Passion and Purpose Can Impact the Lives of Doctors with Kym NitschkeKym Nitschke, Managing Partner of Nitschke Nancarrow Accountants, joins us for our first ever episode to talk about his life journey and how he found his passion and purpose in helping doctors manage their finances and growing their wealth. He also shares some tips on wealth-building and how his role as an accountant has changed his clients’ lives and perspective on money. In this episode we cover: The importance of quiet time Secrets to wealth-building, investments How to be successful and put your family first Marketing strategies to attract ideal clients Helping doctors raise their consultation ra...2019-08-1828 min
Accountants On PurposeWelcome to Accountants on Purpose!Welcome to Accountants On Purpose! In this podcast, we feature inspiring accountants from different fields, and dig deeper into what makes them tick, what motivates them, how they’ve overcome different challenges and how they got to where they are now. We have an incredible line up of podcast guest starting with Kym Nitschke, Andy Wang (The Wellness Accountant), Christina Gulliver, Chris Gray, Harvee Pene and other amazing accountants who set up their clients to win and who work with a purpose.2019-07-2502 min
Accounting Insider - Property, Wealth, Business Tips & Tricks70 - Property expert reveals his unique investment formulaTony Greven the bakery maestro, discloses all his secrets about exactly how he built his very healthy property portfolio.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances.
Whether it is minimising tax for a multi-million dollar business, a retirement plan for a high net worth indi...2019-04-0859 min
Accounting Insider - Property, Wealth, Business Tips & Tricks69 - A young Doctor's journey into Med SchoolDr Maysam El-Masri is a young medical intern. She admits that she was never the smartest kid in the classroom but she is definitely persistent. This is her inspiring story.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances.
Whether it is minimising tax for a mult...2019-03-181h 02
Accounting Insider - Property, Wealth, Business Tips & Tricks68 - The Man with the $2 Million ViolaSteve King is the Violist with the Australian String Quartet. He shares his personal journey and how he ended up with a Viola made in 1750 by a famous craftsman.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances.
Whether it is minimising tax for a multi-million doll...2018-12-0546 min
Accounting Insider - Property, Wealth, Business Tips & Tricks67 - The Brickie who built a Bakery EmpireTony Greven has built one of the largest bakeries in Adelaide from nothing. He has 65 staff and never even trained as a baker. He only works on Wednesday and Saturday and plays golf twice a week.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances.
Whether it i...2018-11-2849 min
Accounting Insider - Property, Wealth, Business Tips & Tricks66 - The Maverick Farmer who turned himself into the Pipico TycoonThis podcast looks into the life of a clever boy from the bush. He talks of his idyllic farming upbringing, the 20 years he spent living on the land and how it eventually evolved into producing a luxury seafood sensation.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and...2018-11-081h 16
Accounting Insider - Property, Wealth, Business Tips & Tricks65 - The Accountant Who Impacted MeToday we interview the first boss who had a big influence on my life.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances.
Whether it is minimising tax for a multi-million dollar business, a retirement plan for a high net worth individual, or business structure advice for...2018-10-311h 07
Accounting Insider - Property, Wealth, Business Tips & Tricks64 - The Young Doctor From PakistanToday's guest fled with his family from Pakistan when he was 5 years old, he retells the story of how he became a modern day medical professional.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances.
Whether it is minimising tax for a multi-million dollar business, a reti...2018-10-151h 09
Property Hub - Investment Insights & InspirationGet Invested: Investment lessons from maverick accountant Kym NitschkeKym Nitschke is an accountant, financial planner, a licenced builder and an active property investor. How many ‘accountant builders’ have you met? He is, by definition, a maverick – an independently minded person and non-conformist who thinks outside the square and follows through. Kym has built a strong property portfolio that affords him a great lifestyle including a beautiful property on acreage in the Adelaide Hills. And he also owns and runs an accounting practice where he helps medical professionals and other intraprenuers and entrepreneurs to live by design and not by default. In t...2018-09-091h 28
Accounting Insider - Property, Wealth, Business Tips & Tricks63 - A Telstra Businesswoman of the Year helping DoctorsToday's guest is Sarah Bartholomeusz of Youlegal. She tells her story about writing books, outsourcing legal work, winning awards and her special interest in the criminal underworld.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances.
Whether it is minimising tax for a multi-million dollar business, a re...2018-08-2646 min
Accounting Insider - Property, Wealth, Business Tips & Tricks62 - Running a High Performance Law FirmToday's episode is an absolute beauty. It touches on the power of a price list for any service based business, the importance of capturing data and tips on getting a job in a crowded market.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances.
Whether it is m...2018-08-131h 03
Accounting Insider - Property, Wealth, Business Tips & Tricks61 - Building The Greatest Accounting Firm Of All TimeKym talks about the Eastwood's accounting firm, the people behind it and how it became such a success story. It existed and operated 30 years ago, but still comes up in daily conversation amongst Kym and his peers even today.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and...2018-08-0348 min
Accounting Insider - Property, Wealth, Business Tips & Tricks60 - Ask Me AnythingThis episode involves one of our most inquisitive listeners, Leigh Gilmour, who pulls Kym's investment model to bits and questions him on everything.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances.
Whether it is minimising tax for a multi-million dollar business, a retirement plan for a hi...2018-04-1245 min
Accounting Insider - Property, Wealth, Business Tips & Tricks59 - Declaring War on Your Siblings and some other tales from the world of Death and Estate PlanningToday's guest is Ben Siegmann. Ben is a lawyer who has built a business specialising in Wills and Estates. Kym's fascination with what happens to all your money when you die continues. Ben tells of some interesting cases he has had to deal with.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses.
Key to Kym’s success has been his ability to provide practical, wealth buil...2018-04-0549 minAccounting Insider - Property, Wealth, Business Tips & Tricks58 - Authentic relationships in businessRelationships in business are like any other kind of relationship. They take time, investment is required, sometimes they flourish and other times they simply don't work out.
Kym is reflecting on his own relationships in business. And some tough decisions need to be made. Which relationships show both personal and professional promise? And which relationships require a 'break up', of sorts?
Kym talks about why it's important to go deeper with networking and relationship building, and how to weigh up where to focus your energies.
About Kym, http://accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who...2018-03-0116 minAccounting Insider - Property, Wealth, Business Tips & Tricks57 - I tried video marketing and blew it (but other channels ARE working)By his own admission, Kym threw himself at video marketing expecting to quickly become the next YouTube sensation.
He found a great video producer and quickly employed him, full-time. The content was great.
But quickly, the costs stacked up. Production was expensive. The biggest cost though was Kym being dragged out of the office and away from clients, to produce videos.
So, after a handful of video views and thousands of bucks spent, Kym pulled the pin.
But it's not all doom and gloom. Other marketing channels are FLYING. Business is booming.
And true to this podcast's values, we're always...2018-02-2242 min
Accounting Insider - Property, Wealth, Business Tips & Tricks56 - Hipster Eateries and the Power of Working HardAfter a chance meeting at a recent business brekky, Kym was intrigued by the business mind of Amber Chapman. She is a business expert in the hospitality sector, where she earned her stripes by setting up an iconic organic pop up stall at the Holland Street markets.
Kym also talks to her about the role she plays in one of Adelaide's most successful coffee shops, Argo on the Parade. But it hasn't all been smooth sailing for Amber, she tells of the personal battles that she has had to overcome over the past 12 months.
About Kym, accountinginsider.net :
Kym Nitschke...2017-12-1247 min
Accounting Insider - Property, Wealth, Business Tips & Tricks55 - Bill Brown: The Honey Powered Property TycoonBill Brown is South Australia's largest beekeeper. This week Kym caught up with him and they sat down and discussed his unique property portfolio and his formula for success. In particular they drill down on how Bill is using Carbon Credits to pay for his farming properties.
Hear from the Eco-minded, property investor and businessman, who has taken his love for the beekeeping profession and used it as a vehicle for building his rural property empire.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since...2017-12-0527 min
Accounting Insider - Property, Wealth, Business Tips & Tricks54 - The challenges of intensive care with Dr. Matthew HooperDr. Matthew Hooper is an Associate Professor in Intensive Care and is a Retrieval Physician in Adelaide. His journey to become a leader in his field has seen him working in emergency departments all around the world helping patients in critical care. Kym sits down with Matthew to discuss how he deals with the imminent pressure that comes with being an intensivist at his level, and we analyse his commercial and residential property portfolio as well.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since...2017-11-1334 min
Accounting Insider - Property, Wealth, Business Tips & Tricks53 - Wills and Estates, mapping your way through the minefield.Family feuds over who is entitled to mum and dad's estate is becoming a more common problem. This weeks guest, Adelaide lawyer, Rosie Batt has seen this issue time and time again. In this podcast she shares her insights into how to avoid common mistakes and gives tips on how to draft a great Will.
Rosie has worked in many areas of law over her career. She talks about the long hours in the big firms, to how she now operates her own successful legal practice in Adelaide's eastern suburbs
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial...2017-11-0139 minAccounting Insider - Property, Wealth, Business Tips & Tricks52 - Premium location, premium site, what’s the catch?It’s an unused, commercial property site on a premium street, in a premium suburb a couple of kilometres outside of Adelaide’s CBD. It doesn’t get much better than that.
Kym starts his process in the usual fashion, with research - remarkably, the current owner bought the property at a staggeringly cheap price a few years ago.
He writes a letter to the owner, who calls Kym back and is keen to talk. The conversation starts, Kym appears to be in the running for a property with HUGE potential, but there are a couple of warning signs ...
Tune in to...2017-10-2417 minAccounting Insider - Property, Wealth, Business Tips & Tricks51 - What a Mercedes Drive Day taught me about businessSomehow, Kym jagged a personal invite to an exclusive Mercedes drive day.
It was an unbelievable day and night. Driving on the open road in cars worth around $500,000, the feeling was hard to describe.
And it didn't end there. The event, hosted by a country Mercedes dealership, included an amazing food, drink, entertainment and networking experience.
It wasn't just a lot of fun. It created a number of lightbulb moments for Kym about building business relationships, branding, customer experience and service, and much more. It's the secret sauce for the dealership, which is one of the top performers for Mercedes...2017-10-1727 min
Accounting Insider - Property, Wealth, Business Tips & Tricks50 - Has this Tesla-approved radiologist potentially solved the housing affordability crisis?It's no secret that the current lack of affordable housing in Australia leaves many prospective home-buyers simply out of the race.
This week Kym sits down for an extended chat with accomplished Adelaide Radiologist and Director of Fluid Solar Thermal - Roger Davies, who has come up with a plan. Aside from being an expert in Radiology, and Director at Adelaide MRI, his entrepreneurial tendencies have led him to patent his own renewable solar energy solutions in his $8m commercial building Fluid Solar House ( www.fluidsolarthermal.com ) which has been backed by Tesla & the State Government. More interestingly is his...2017-10-031h 32Accounting Insider - Property, Wealth, Business Tips & Tricks49 - In the Operating Theatre for Deep Brain StimulationKym Nitsche was invited by a neurosurgeon to witness Deep Brain Stimulation surgery being performed on a patient.
DBS is a procedure used to treat significant neurological including Parkinson’s Disease.
This was the neurosurgeon’s 200th DBS surgery, and Kym wanted to understand not just the complex nature of the work but how a specialist team performs under such intense pressure.
Listen to what he learned.
ALSO: You can now subscribe to the Accounting Insider VLOG on Youtube! https://www.youtube.com/channel/UC9WSkuOVDJsuFWRz832AlUw
About Kym, http://accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entr...2017-09-2410 minAccounting Insider - Property, Wealth, Business Tips & Tricks48 Accounting For DeathPeople don't like talking about death. So it's no wonder that most people do not have their affairs in order.
But Kym says it's a massive problem. Not having a Will, Enduring Power of Attorney or other important documents means that the Court makes the big decisions for you; who gets all of your assets when you pass away, who makes important decisions on your behalf if you lose capacity, and other critical issues.
Not only that, these issues create enormous stress and costs for affected loved ones.
Kym has seen it first hand, as an accountant and even within...2017-09-1024 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 47 Knock backs, unexpected benefits and lessons from playing the property long gameKym now has five properties in his portfolio and the reality is, he doesn't need to keep investing.
But he can't help himself.
His formula is back in full swing - the handwritten letters to the owners of his desired properties, followed by the knock backs and negotiations. He's playing the long game - it requires patience and a commitment to the plan. But when it pays off, it pays off big time.
And true to form, yet another interesting story and opportunity has unfolded. It involves a Porsche car yard, a terrible salesman and the potential for a new...2017-08-2922 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 46 Interview with the Aussie trucker who went viral on FacebookSteve Molloy recorded a video on his iPhone from the cockpit of his truck and posted it to Facebook. A year later, it’s approaching 3 million views (at the time of this interview).
Steve is an unlikely internet sensation. By his own admission, the extent of his tech knowledge doesn’t go much further than recording a raw video and posting it to social media.
Steve started recording video while on the road to prevent boredom and keep his mind active. Stories, anecdotes, lessons learned .. and the interesting places he would drive through in remote Australia.
Now, with his unique and...2017-08-1530 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 45 Jayden Vecchio is building a finance broking empire, personal wealth & a top ranking podcastJayden Vecchio is kicking goals. He’s won National Broker of the Year in 2015 and 2016 as the director of Red & Co, a finance brokerage that has settled over $380 million in lending over the past three years across Brisbane, Gold Coast and Sunshine Coast.
Jayden is also behind the Rentvesting podcast, a show which sits comfortably towards the top of Australia’s business and property podcast rankings.
Kym talks to Jayden about his business story, his deals including an $80 million property development, his creative property investment strategies, market trends, passive income and much more.
Rentvesting podcast: https://www.therentvestingpodcast.com.au/
ALSO...2017-08-1033 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 44 How can an Australian living overseas get a home loan?Kym was recently referred a new client, an Australian based in the United States, who had been trying to get finance but kept hitting roadblocks.
In fact, he couldn't even get past the bank call centre.
Kym spoke to the frustrated expat. His numbers stacked up. In fact, his numbers were great and the banks should've been all over him.
So why is it so hard for Australians based overseas to get finance? What can an expat do about their Australian mortgage or property investment?
Kym reveals the answers and insights on this episode of Accounting Insider.
ALSO: You can...2017-08-0224 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 43 Buying Another Accounting PracticeLike a lot of leaders in professional services, Kym believes ‘growth by acquisition’ can be a solid business strategy.
And as Kym prepares to buy another accounting practice, he talks about all of the key considerations in detail, from the financial to the relational.
Kym knows that a bad deal can derail a business, as much as acquiring the right practice at the right price can fast track growth.
Tune in as Kym shares the context of his own business plans as well as broader insights, tips and traps on buying out other firms.
ALSO: You can now subscribe to the...2017-06-2518 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 41 How John McMahon built a world class medical centreKym works closely with a number of leaders in the medical industry and his longtime friend, John McMahon, is among the best in the business.
John has built a thriving medical centre in the southern suburbs of Adelaide, South Australia, which is world class for services provided, design and business model.
It’s one of two medical practices owned by John, who for the last 30 years has specialised in development and construction, where he found particularly great success with retirement accommodation.
John shares his story, lessons learned from developing medical practices and much more.
ALSO: You can now subscribe to th...2017-06-0652 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 40 How Ernie the accountant discovered a billion dollar mine“This first drill hole, this beautiful black stuff came up, absolutely unbelieveable.”
Kym Nitschke interviews Ernie Kirsten, co-founder of mining company Millennium.
Ernie was running his own private practice as a chartered accountant when he started doing the books for a geologist. The duo began looking into coal explorations and, despite seeing a map that marked a North Queensland area as “no coal”, decided to look a little deeper.
It was a masterstroke, and Ernie’s geologist became the client that paid off big time.
Listen to the interview and get the full story now. You can also watch the video here...2017-05-2937 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 39 Learning and lunch (at Osteria Oggi)Regular Accounting Insider listeners know that Kym Nitschke believes that the business lunch is still hugely important, so in this episode we're bringing you to the table.
Kym and regular host Andrew Montesi awkwardly placed their recording gear amongst their plates and wine glasses at Osteria Oggi, one of Adelaide's top CBD restaurants, for a live lunch chat which also included Accounting Insider listener Daniel Franco.
Daniel shared his story, which include property, app and business development.
Also in discussion - Kym also talks about the continued viral growth of his Porsche Buy and Sell Facebook group and how to...2017-05-2026 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 38 DIY property management (you don't need an agent)Kym strongly believes that you don't need to to hire a property manager to take care of your investment property and tenants.
In fact, doing it yourself is the key to keeping long term, reliable tenants and saving money.
But if you're going to go it alone, you'll need to know the best way to go about it. In this episode Kym reveals all, including the available tax incentives, vetting tenants, finding the right forms, maintenance and most importantly, how to build lasting relationships.
Tune in now.
About Kym, http://accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and...2017-05-1323 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 37 A squatter's right to claim propertyKym's fascination with "squatters" continues with the story of the Adelaide man who was allowed to stay in an abandoned property after a gambler paid his council rates.
Kym says there's more to it than simply a bizarre and interesting story.
The combination of property, accounting and legal complexities of squatter issues make for interesting case studies with lessons to be learned.
It also highlights that property ownership, investment and development is never black and white - which can be a blessing or curse if you're in the market.
About Kym, http://accountinginsider.net :
Kym Nitschke is an accountant, financial...2017-04-2917 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 36 The mystery of the million dollar home abandoned by its Fiji ownerA case of mistaken identity has led to the discovery of two homes in Perth, one worth a million dollars, that have been abandoned.
One of Kym's colleagues, another accountant, has a client who was mistakenly billed for outstanding council rates on the million dollar property.
He dug a little deeper, and it was discovered that the original owner is now living in Fiji and wants nothing to do with the property.
Kym shares the details of the fascinating story, and the tricks the client could've pulled to inherit the valuable property for peanuts!
ALSO - Accounting Insider receives handwritten...2017-04-2219 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 35 Commercial property hunt (pt 2): Closing inKym's hunt for a commercial property in one of South Australia's most sought-after suburbs continues.
The journey started in episode 32, when Kym revealed plans to buy a commercial property in Kent Town, which is just one kilometre outside of Adelaide's CBD.
It seems an impossible task, but Kym is applying every lesson he's learned about property.
He continues to go to extraordinary lengths to find the right property with an owner who is willing to sell.
And as you'll hear in this episode, Kym's persistence is starting to pay off! He reveals all the tricks and tips, so listen and...2017-03-1920 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 33 What Facebook Buy and Sell groups have taught me about social mediaThere’s so much noise online that it’s hard to be heard.
But Kym is finding a way to cut through. This podcast has been key, of course, but there’s been a social media surprise of late - Facebook buy and sell groups.
After benefiting from a Boosted Board group (AI subscribers will remember Kym talking about Boosted Boards ..), Kym has set up a Porsche Buy and Sell group, learning that the thing about social media and online content is finding your niche.
Tune in.
About Kym, http://accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrep...2017-02-1017 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 32 Commercial property hunt (pt 1): Breaking into the impenetrable suburbKym has begun the hunt for another commercial property, and it is testing his patience, resilience and big picture property plan.
Kym will share his insights and learnings every step along this property purchase journey on Accounting Insider.
He is eyeing one of South Australia's most sought after suburbs, Kent Town, which is one kilometre outside of Adelaide's CBD. Prices are sky high, and very few properties are on the market.
Kym is doing extensive research, meeting all of the influential property players and even making some unwelcome phone calls. He is learning more about the properties than the owners...2017-02-0424 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 31 The business of law with Andrew AndreyevIf you're a regular Accounting Insider listener, you'll know that Kym can find himself in the occasional sticky situation.
When things get complex the guy Kym calls is lawyer Andrew Andreyev (https://andreyev.com.au/).
Andrew works with entrepreneurs, investors and their families in Adelaide and Sydney.
Andrew holds Bachelor degrees in Commerce and Law from Adelaide University, as well as a Masters of Law (in Taxation and International Law) from Melbourne University. He is admitted to practice law in Australia and the United Kingdom.
Andrew is a Chartered Tax Adviser with the Taxation Institute of Australia (TIA), a Fellow...2017-01-1844 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 30 Getting started with outsourcingOutsourcing is a growing phenomenon for many companies large and small, especially accounting firms, but finding the right outsourcing solution is easier said than done.
Poor systems and technology, choosing the wrong support person and paying too much are just a few of the barriers that exist for business owners.
Kym Nitschke has begun outsourcing at his accounting firm, and shares what he has learned so far.
This episode is aligned with other Accounting Insider episodes about the evolution of Kym's accounting practice into an innovative firm - Also see Eps 27, 26, 25, 22 and 21.
About Kym, http://accountinginsider.net :
Kym Nitschke is...2016-12-0522 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 29 Case study: The property investment game plan in practiceKym Nitschke has detailed his highly effective property investment strategies throughout Accounting Insider and in this episode he puts the plan into action.
Kym is often advises on investment property purchases, and was engaged by a client, a high net worth doctor, to find and buy a property.
Kym talks about:
- Identifying the right property
- Playing the long game
- Uncovering key details (not known by other potential buyers)
- Pricing and negotiation
- Dealing with the real estate agent
- Much more!
The end result was a great result for Kym's client, and he explains the entire...2016-11-2726 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 28 Starting a business with $100People make all kinds of excuses about why they can't launch their business idea but cost shouldn't be one of them, Kym Nitschke says.
Anyone can start a business, any time, and it is surprisingly cheap to launch. The key is knowing how to do it in the smartest, most efficient way possible.
Kym explains how in this episode of Accounting Insider.
About Kym, http://accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s cl...2016-11-0428 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 27 Scaling up the solo business ownerThere's no reason why you can't hit $1 million in annual revenue with just two staff members, Kym says.
However, most solo operators get stuck at $200,000 in revenue.
Kym explains why, and how to break the barrier. Among the key tips, Kym says it is crucial to hire great staff to free to up for much more marketing and networking - bringing new clients through your doors.
Kym also deals with the common excuses made by business owners, and reveals his solutions.
About Kym, http://accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the...2016-10-2725 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 26 The cost of company cultureKym has parted ways with a longtime staff member. It was a huge decision with both commercial and personal implications.
He could see his accounting firm's company culture starting to fray. In a small business, there’s no where to hide even though, by Kym’s own admission, he tried to put his head in the sand for some time.
“Hiring and firing” means so much to a small business. Right and wrong decisions have an enormous impact.
True to the Accounting Insider theme, Kym bares all about the process, what went right and what went wrong, the reasoning behind the deci...2016-10-1823 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 25 The lifetime value of your customerYour customer is worth a hell of a lot more than you think.
After winning a client, some business owners won't consider much more about that client's value. Or they might look at the client's value narrowly - how much am I invoicing this client, or how much did that client pay me last financial year?
Fewer business owners look at the client's value for the entire period that they remain a client. Kym has recently gone through this process, and was surprised about the true value of his clients and the impact of that on the value of his...2016-10-1118 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 24 A costly stormIt was a "one in 50 year storm" and it cast an entire state into darkness.
Power lines were wiped out, shutting down South Australia's power source for hours. In some regional centres the lights didn't come on for days.
The cost to business is enormous, and it exposes key holes in risk management and backup plans.
Kym talks about how his business was affected, what he learned and what you need to do to ensure that inevitable natural disasters do not shut you down.
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and...2016-10-0326 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 23 Long live the long lunch (and other networking tips)Some people will try and tell you the long lunch is dead, but Kym scoffs at this suggestion(as he finishes off his second helping of dessert).
For Kym, business lunches are a key part of his marketing and business development success.
He spares no expense, from the restaurant choice, to the wine and the number of courses. It is all about the experience.
It sounds lavish and expensive but it pays off, if you're wining and dining with a plan.
Kym reveals his "lunch strategy", ensuring that you'll be left with much more than just a hefty bill!
About...2016-09-2024 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 22 How my firm went paperlessIn the midst of the digital revolution, most companies aspire to be paperless. It is easier said than done.
It involves technical change; migrating systems to the cloud, utilising software, scanning documents and much more. It also involves cultural change; changing the way “things have always been done” in the office and, as Accounting Insider’s Kym says, “declaring war on paper”.
Kym’s accounting practice is now 99% paperless. It has revolutionised his business with cost savings, efficiency gains and a greater experience for clients and staff.
But Kym explains that the process was a challenge. There was a failed attempt at g...2016-09-1528 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 21 The 10 year budgetFor most people, creating a monthly budget is hard enough, let alone 10 years!
But work with us here. Kym's 10 year budget is really just a process to outline your wealth goals, the the road map to achieve them.
For Kym, a 10 year budget is a retirement plan, and it has enabled him to work out if he is on track, or if he needs to make some corrections.
What do you need to do to reach your financial aspirations? Tune in now!
About Kym, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the...2016-09-0115 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 20 A big “break" (literally) in BaliFollowing the dramas of Kym’s rental property nightmare (previous episode), Mr Accounting Insider was looking forward to kicking back with a Bintang and enjoying a well earned rest.
It started out that way. Kym spared no expense (which is a big deal for an accountant) on a lavish holiday with his family, and enjoyed every minute of it. In fact, taking the time out to clear the mind and step out of his normal routine enabled the creative juices and new business ideas to flow.
Towards the end of the trip, Kym and his mate wanted one last motorbike to...2016-08-1424 min
Accounting Insider - Property, Wealth, Business Tips & TricksEp 19 My investment property nightmare (and what you can learn)Just days before Kym's well-earned Bali holiday, disaster struck.
One of his tenants contacted him about a problem. And this isn't just any tenant - he's a lawyer who knows his way around the Tenancies Act. So Kym was on his toes, but still expected that the issue could be dealt with on his return from Bali.
But on inspection, it became apparent that this wasn't an ordinary problem. An entire wall at the old house was on the brink of collapse, potentially threatening the safety of the tenants AND Kym's investment.
Kym's foundations were tested even more than the...2016-08-0725 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 18 Starting a business: What you need to knowSo you've decided to break free from the office cubicle and start your own business. What now?
Kym Nitschke talks about the key issues you'll need to consider in the first year.
Kym talks about goal setting, positivity and inspiration as well as more practical issues such as setting up your company, business plans, cash flow, buying equipment and much more.
Let's get started!
About Kym Nitschke, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the...2016-07-0425 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 17 The amazing tax and finance incentives available to DoctorsKym Nitschke is amazed by the favour that medical professionals receive from the tax office and the banks.
The fact that many doctors aren't making the most of these benefits is just as surprising.
Benefits extend to:
- Car, personal and home loans
- Entitlements for owners of private practices
- Education allowances
- Superannuation entitlements
Much more!
In this episode of Accounting Insider, Kym reveals how doctors can cash in.
About Kym Nitschke, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke...2016-06-2718 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 16 The magic of TrustsA Trust is the best friend of an accountant and his savvy clients.
Kym Nitschke says there’s much to love about Trusts, including the many tax benefits and ability to protect property and assets.
There are also things that many do not know about trusts, including ways to benefit from a deceased estate and pay school fees tax free!
Can a Trust help you? Tune in to Accounting Insider and find out.
About Kym Nitschke, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of...2016-06-1718 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 14 The power of eBay, from an accountant’s perspectiveKym Nitschke is forever attempting to balance his lifestyle desires with his frugal accounting sensibilities.
EBay has allowed him to do just that.
Kym talks about the all of the benefits that eBay brings, including time and cost advantages, as well as tips for use and the back story of one of the world’s most influential companies.
About Kym Nitschke, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and...2016-06-0319 min
Accounting Insider - Property, Wealth, Business Tips & TricksEp 13 Buying a Car: Don’t do it (unless you’re importing a Porsche)Kym Nitschke loves cars. He owns a Porsche. But, with his accountant hat on, cars are a waste of money.
However, if the reality is, most of us need or want a car (or multiple cars). And if you’re going to buy one, Kym has key tips to ensure you're buying smart, including:
Car type and brand
New or used?
Insurance
Tax
Kym also reveals how a change in importation rules, coming in 2018, will bring amazing benefits for luxury car lovers. If you’re planning to purchase your dream machine in the next couple of years, this is a must...2016-05-2718 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 12 Investing in Property (Part 10): Expanding on key wealth and property principlesKym Nitschke continues his focus on the key factors for building wealth with property.
Continuing the discussion started in episode 10, Kym infuses his insights with learnings from his favourite book, John Fitzgerald’s 7 Steps to Wealth.
Today’s episode unpacks:
The importance of leveraging finance and the banks
The benefits of “DIY” valuations
Affordability and doing the right deal
The benefits of giving back
About Kym Nitschke, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s c...2016-05-1320 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 11 Federal Budget: Profit shifting, Super, Startups, CiggiesThe federal budget for 2016-2017 was recently handed down by the Australian treasurer Scott Morrison and Kym Nitschke shines a light on some of the issues in focus for the Australian government.
Key points include:
The Australian Tax Office is targeting the likes of Apple and Google, and the impact could be felt by consumers.
Superannuation changes will provide a windfall for property investors.
Investing in startups is now much more lucrative.
About Kym Nitschke, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of...2016-05-0614 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 10 Investing in Property (Part 9): Your portfolio is growing, now what?; Property principlesYou own a number of properties, and their value is increasing. Now what?
Kym Nitschke talks about the strategies to put in place to reach your end goal, which should be something like: Retire as soon as you can, as well as you can.
Kym talks about the importance of setting your plan, outlining clear goals, monitoring and reviewing results.
Kym is also revisiting his favourite book, 7 Steps to Wealth by John Fitzgerald, and shares some of the key principles that have influenced his approach to investing.
About Kym Nitschke, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and...2016-04-2813 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 9 Investing in Property (part 8): Commercial or residential property?Kym Nitschke LOVES commercial property.
In part 8 of his property series, Kym compares the investment opportunity of commercial property with residential.
Kym says the benefits of commercial property range from the issues that are out of your control, such as legislation and inflation, as well as the practical issues, such as insurance, repairs and maintenance.
Tune in and find out more about commercial property investment.
About Kym Nitschke, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients.
Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown...2016-04-2214 minAccounting Insider - Property, Wealth, Business Tips & TricksEp 8 Investing in Property (part 7): Fitout on a budget, outsourcingKym’s commercial property had been vacant for two years. He knew he had to take drastic action.
Finally, a potential tenant showed interest. But they wanted Kym to fit the building out, and furnish it.
It sounded reasonable, but Kym didn’t have the cash available. So, as he often does, he took it upon himself to get the job done.
Kym takes you through the hands-on project, how he used the outsourcing services of UpWork and Alibaba and how he ended up with drastic cost savings and a very happy tenant.
About Kym Nitschke, accountinginsider.net :
Kym Nitschke is a...2016-04-1315 min
Accounting Insider - Property, Wealth, Business Tips & TricksEp 7 Investing in Property (part 6): DIY building and renovatingFor Kym Nitschke, an accountant and qualified builder, building and renovation has become a key part of his property investment strategy.
Before becoming qualified, Kym started with a major renovation of his own home, which was completed for at a fraction of the quotes he received from major builders.
For Kym, it was a matter of developing a great plan, finding the right people and developing relationships.
The project also had unexpected business development benefits for his accounting practice.
He shares the highs and lows, key lessons and his usual quirky stories.
About Kym Nitschke, accountinginsider.net :
Kym Nitschke is...2016-04-0718 min
Accounting Insider - Property, Wealth, Business Tips & TricksEp 6 Investing in Property (Part 5): Recovering from an investment failureKym Nitschke swore he'd never invest in property again.
After making some mistakes in his first property investment, that cost him money and brought about a lot of stress, he thought that property was risky and he was bound to lose.
But after finding inspiration and courage from a number of places, Kym re-entered the market armed with a wealth of experience and lessons learned. He hasn't looked back.
Kym shares the insights that helped him get back on the horse, and find success in property.
About Kym Nitschke, accountinginsider.net:
Kym Nitschke is an accountant, financial adviser and entrepreneur...2016-03-3114 min
Accounting Insider - Property, Wealth, Business Tips & TricksEp 5 Investing in Property (part 4): How to avoid common mistakesWhen investing in property, there are common mistakes that many people make.
In part 4 of Kym Nitschke's Investing in Property series, you can learn how to avoid the pitfalls.
Kym covers a range of issues, including:
- Holding debt on the wrong property
- Misconceptions about tax “benefits”
- Fixed vs Variable rates
- Property management
- Insurance
And much more ...
Kym shares personal stories and lessons learned that will help you become a better property investor.
About Kym Nitschke, accountinginsider.net :
Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clie...2016-03-2421 min
Accounting Insider - Property, Wealth, Business Tips & TricksEp 4 Investing in Property (part 3): Going from one property to two, good and bad debt, never sellGoing from one to two properties is perhaps the hardest step when building your property portfolio.
It’s a step that many don’t make, but when you do, it immediately puts you in the top percentage of wealthy people.
Kym Nitschke, property investor and accountant, helps you make the jump with his insightful tips.
Kym talks about the importance of having a strategy, and what you can do to get the best valuation possible in your first home (so the bank will lend you money for your second!).
He talks about good and bad debt, how to finance your prop...2016-03-1119 min
Accounting Insider - Property, Wealth, Business Tips & TricksEp 3 Investing in Property (Part 2): Steps and secrets to buying property (being different)To buy the perfect property at the best price, you need to be different.
Being different, and separating himself from other buyers and investors, has enabled Kym Nitschke to secure amazing residential and commercial property deals.
In part 2 of Accounting Insider’s property series, Kym reveals the steps and secrets to his success.
He walks you through the process, from the conventional to the quirky.
Kym also shares his “letter principle”, an approach that enables him to be the first person knocking on the seller’s door, even before the real estate agent!
Connect with Kym via our website, accountinginsider.net
Nits...2016-02-1921 min
Accounting Insider - Property, Wealth, Business Tips & TricksEp 2 Investing in property (Part 1): Getting started, finding the right property, renovation valueKym Nitschke turned a small herd of cattle into a multi-million dollar property portfolio.
The relatively small sum of cash from the sale became the deposit on his first home, bought as a 21 year old.
Getting started is one of the toughest issues for many would-be property investors. In this episode, Kym offers his tips for first home buyers, including finance and the type of property best suited for kicking starting a property portfolio.
Kym, who also has a building licence, says renovating his properties has been key to his success. He shares lessons learned, and potential traps, for those...2016-02-0522 min
Accounting Insider - Property, Wealth, Business Tips & TricksEp 1 An introduction, building personal wealth, positive self talkKym Nitschke is no ordinary numbers man. Along with his growing accounting and financial advisory practice, he’s also a property developer and licensed builder.
In the first episode of Accounting Insider, Kym shares his personal story - entering and then leaving the rat race, key learnings from a mentor, growing a client base to over 1200 and how he built his multi-million dollar property portfolio.
Kym also sets the scene for the Accounting Insider series, where he’ll share finance tips, tricks and lessons, and interview clients and business people to find out how they found success.
Connect with Kym at a...2015-12-1623 min