The Elephant In The Room Property Podcast | Inside Australian Real Estate

In this episode, we interview Charles Wiggett Principal of Hauss Realty a boutique agency based in the Brisbane riverside suburb of Graceville. Charles prides himself on good old fashioned service, local knowledge and client care. Here’s a snapshot of what we covered: Flood zone risks - why doing your due diligence matters! Supply & scarcity & what that means for capital growth. What maintenance issues you must consider before buying a “Queenslander”. The oversupply of apartments in Brisbane and the impact on investors. What’s happening to prices after the Banking Royal Commission. We hope you enjoy all the insider knowledge in this episode. WEBSITE LINKS: Charles Wigget - Hauss Realty Brisbane City Council  - Floodwise Property Report Elephant Ep 33 - Peter Koulizos - the Property Professor EPISODE TRANSCRIPT:  https://www.theelephantintheroom.com.au/podcasts/065 Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.auSee omnystudio.com/listener for privacy information.

We pick the brains of Peter Gordon, one of Balmain’s most active sales agents, ranked in the top 100 agents nationally for the last four years. Peter has been with Cobden & Hayson since it launched in 2005, and has experienced both hot and cold market conditions over the years. Here’s some of the topics we discussed: Why A grade properties continue to sell well in Blue Chip suburbs, despite market conditions. Why letting a sales agent bid for you at auction will cost you more. What things buyers get picky on now vs in a ‘hot’ market. What happens to a property when an agent ‘buys’ a listing. How elite agents operate & earn the trust of  vendors. WEBSITE LINKS: Cobden & Hayson Balmain Peter Gordon - CHRE Read the transcript: www.thelephantintheroom.com.au/podcasts064 Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.auSee omnystudio.com/listener for privacy information.

In this episode, we're going to address one of the biggest elephants in the room so far in this podcast. In Australia, engineers don't have to be registered! We talk to two experts, John Roydhouse, CEO of the Institute of Public Works Engineering Australasia, NSW a professional membership organization looking after the interest of public works engineering and all public infrastructure in NSW. And, Jonathan Russell, Engineers Australia, related to the Institute of Public Works Engineering Australasia. Here’s some of what we covered: Is the Build quality and safety of newly constructed housing up to scratch? Why the financial well being of apartment owners can be at risk. What’s the downside of an infrastructure and building boom coupled with hurried design, approval, construction and compliance processes? Data around that points to 7 out of 10 new residential buildings have defects! How Opal Tower, Lacrosse Tower or the London Grenfell Tower tragedy might have been prevented. Guest Details & Links:John Roydhouse - IPWEA Jonathan Russell - Engineers Australia Engineers Australia - NSW Election Read the transcript: www.thelephantintheroom.com.au/podcasts063 Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.auSee omnystudio.com/listener for privacy information.

We picked the brains of Cecille Weldon. Cecille is responsible for the creation and development of the Banksia Award-winning Liveability Real Estate Framework. Now owned and backed by the CSIRO, this new way of marketing property introduces 17 new property features into the real estate transaction. These are liveability features which cover passive building design, energy and water efficiency and renewables. The liveability mandate is to create your best home: healthy, efficient, comfortable and connected to your local community.Here’s a snapshot of what we discussed: 17 liveability features of a property & why they matter for homeowners & tenants How to reduce your property’s running costs & increase comfort Why fixing liveability of your property will give you more disposable income Why it’s not just about comfort of living, it can increase the value of your property. LINKS: www.liveability.com.au Tankulator - Rainwater Tank Sizing Tool Cecille Weldon's Website Read the transcript: www.thelephantintheroom.com.au/podcasts062 Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.auSee omnystudio.com/listener for privacy information.

In this episode we are doing something a little bit different. To celebrate April Fools Day, we have produced a special report on the big failed property bets, what forecasters got wrong in 2018 and who is brave enough to predict what’s to come in 2019 & 2020. You’ll hear why it is impossible to predict the future and whether Veronica is really a Perma-Bull as some have accused her of being. It seems that we are our own worst enemy, as our obsession with property means we are always thirsty to hear the latest forecast, even when we know full well that it is nonsense! We hope you enjoy this episode and we promise it’s the first of many - we’ll be watching and listening for the 2019 forecasts and we’ll be bringing you the dirt on them next year! Download the transcript: www.theelephantintheroom.com.au/podcasts061 Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.au  See omnystudio.com/listener for privacy information.

In this episode, we picked the brains of Mike Mortlock. Mike is the managing director of MCG Quantity Surveyors which was recently recognized as Australia's fastest growing quantity surveying firm by the Australian Financial Review Fast 100. MCG was the first quantity surveying firm to publish real data on the average deductions for property investors. We had a very revealing chat with Mike about: Tiny details investors need to understand that trigger paying more tax. Why, if you purchase a property off the plan, it's worthwhile getting a building compliance inspection to identify defects. How data on units sold off the plan, in a number of capital cities, is proving they are not great candidates for capital growth. Why we need to be very skeptical of media spruikers and take time on due diligence, especially given 38% of investors buy new property! Why housing affordability is going to be a national concern because rental yields have been increasing. How good advice from an accountant who understands property , an investment savvy broker, a strategic financial planner and a good conveyancer will save you in the long term. Mike’s website:https://www.mcgqs.com.au/ Data findings & free giveaway:www.mcgqs.com.au/elephantintheroom Episodes mentioned:Episode 45 - Noel Whittaker, Good advice doesn’t cost it pays! Episode 46 - Lorna Patten, What causes wishful thinking and why does it cost us so much?Episode 47 - Bryce Holdaway, What does the ultimate property spruiker look like and are they all bad? Episode 51 - Cameron MacQueen, What’s in property development for Chinese investors Download the transcript: www.thelephantintheroom.com.au/podcasts060 Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.auSee omnystudio.com/listener for privacy information.

In this episode, we pick the brains of Suzy Jacobs, a fabulously outspoken and honest pioneer in women lead business networks. Suzy founded SheBusiness and has lead thousands to business success. She sold SheBusiness and launched Finesque in 2016 to demystify financial language and create opportunities for individuals to grow their financial independence and security. We discover: How your beliefs about money have long term effects on your financial future. Is it ok to hand responsibility of financial decisions over to a third party? How unconscious beliefs drive our decision making when it comes to property. Why we need to slow down & be accountable property investors. Transitional thinking & why it makes a big difference. This episode will really make you rethink where your financial future is headed. Where you can find Suzy: https://www.finesque.com/ More episodes on mindfulness: https://www.theelephantintheroom.com.au/podcasts/1 https://www.theelephantintheroom.com.au/podcasts/038 Download the transcript: www.thelephantintheroom.com.au/podcasts059 Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.auSee omnystudio.com/listener for privacy information.

Nerida Conisbee is Chief Economist for the REA Group, which incorporates websites www.realestate.com.au & www.realcommercial.com.au, amongst others. Nerida has more than 20 years of property research experience & appears every fortnight on ABC News Breakfast, every Tuesday on Your Money, & she writes a fortnightly column for The Australian.  She provides updates on property market conditions to major government bodies & here is some of what she explains: What is data & how can it affect property prices? What suburbs perform best & the types of suburbs that people are most highly engaged in. Top ten suburb lists & hotspotting - looking from the data perspective. Auction clearance rates, median price & how the data can be manipulated. Not all data is what it seems, there is some data to be weary of. Links: Nerida Conisbee - www.realestate.com.au Past Episodes:Stuart Wemyss - Episode 39Anthony Millet - Episode 31 Download the transcript: www.thelephantintheroom.com.au/podcasts058 Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.auSee omnystudio.com/listener for privacy information.

In this episode, we are going to answer some listener questions. We cover a fair bit of ground, however, here are the highlights: Should you be investing in the outskirts, or investing in the inner rings of capital cities? What happens if the builder runs away with your money during a renovation and where to get help. What to do if your financial planner becomes a little bit too pushy & recommends property to get paid a commission. Real Estate Investment Trusts, do they make good investments? We refer back to a number of past episodes with some great intel & you can check them out here: Luke Metcalf: Episode 16 Kate Lumby: Episode 4 Jarrod McCabe: Episode 42 Frank Gelber: Episode 37 Bryce Holdaway: Episode 47 Fair Trading: Resolving Building Disputes Master Builders Association:  http://www.mbansw.asn.au/ Download the transcript: www.thelephantintheroom.com.au/podcasts057 Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.auSee omnystudio.com/listener for privacy information.

This is the first property manager we've had on The Elephant. Here’s what we found out: Seasonality & over supply, the months to avoid. What constitutes a good tenant & how to choose a good property manager. Reference checking tenants & how Instagram pics reveals all. How to change your managing agent the easy way. Landlord insurance - not all policies are created equal. If you own an investment property or thinking of buying one, you need to listen to this episode. https://www.letsrent.com.au/ Download the transcript: www.thelephantintheroom.com.au/podcasts056 Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.auSee omnystudio.com/listener for privacy information.