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

In this episode special, Chris and Veronica answer hot-topic questions from listeners. Here are some of the highlights: Why older style apartments still hold up against off the plan apartments How staging and styling distorts home buyers perceptions How land titles affect lending and resale What questions should you ask your building/pest inspector Why being cash flow positive on an investment property can negatively impact you How to grow a property tax free for 6 years We refer back to: Reena Van Alast: Episode 18 Kerry Hunt: Episode 87 Equities Market: Episode 84 | Episode 83 | Episode 73 | Episode 69   Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.au EPISODE TRANSCRIPT:  https://www.theelephantintheroom.com.au/podcasts/098See omnystudio.com/listener for privacy information.

Jacqui Pollock, Family Coach and Founder of Human Leadership, a consultancy that focuses on leadership coaching. Jacqui has worked with impressive household names such as SBS Television, Sunrise, Audible and McDonalds. In this episode, Jacqui opens up on skills that improve a property buyer's decision-making process. Here’s what we covered: How to catch yourself as a home buyer from making reactionary decisions How to deal with the stress of buying property What qualities and values aid property buyers on their journey Why it is important, to evaluate the viability of property by financial and lifestyle expectations What lifestyle changes come with buying in an unfamiliar area. How to avoid buyers’ remorse Involving your children in discussing their needs and wants We hope you enjoy listening. GUEST WEBSITES:https://www.jacquipollock.com.au/ Get a copy of Jacqui’s book “Knowing Me Knowing Them” click HERE Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.au EPISODE TRANSCRIPT:  https://www.theelephantintheroom.com.au/podcasts/097See omnystudio.com/listener for privacy information.

We pick the brains of Dr. Andrew Wilson, possibly Australia's best known independent property economists.  Dr. Wilson publishes his auction clearance rates on a weekly basis on LinkedIn & breaks them down into regions. We discussed:  What do auction clearance rates mean?  Auctions, statistics, how is the data collected for these rates & is it reliable? Will interest rates ever rise again to past highs? Are Australia’s boom & bust housing cycles over? Misinformation & accountability of accurate reporting, don’t believe everything you read. What is the correlation between lower interest rates & house prices? RBA & APRA’s fundamental mistaken views. Asset selection - why the asset choice remains critical. Beware of spruikers - purchasing mistakes to avoid. It’s a cracker of an episode, we hope you enjoy listening! GUEST WEBSITE:Dr Andrew Wilson - My Housing Market Australian Urban Research infrastructure network Work with Veronica? info@gooddeeds.com.auWork with Chris? hello@wealthful.com.au Read the transcript:www.theelephantintheroom.com.au/podcasts/096See omnystudio.com/listener for privacy information.

We're talking about protection & insurance with Craig Bigelow, Founder & Head of Insurance Advice, True Pride. Are you underinsured or overinsured & are you paying more than you need? We talked: Australia’s insurance problem - are you under or overinsured? Life, income, home insurance are you wasting cash? Framework: How to build an insurance plan you actually need. Why some insurance companies discriminate on mental health. Why you should undertake annual reviews of your insurance contract? What is a step premium vs. level premium & which is better? Trauma protection - who needs it now? Smokers & why they may be paying a 40% premium!  GUEST WEBSITE:Craig Bigelow - True PrideWork with Veronica? info@gooddeeds.com.auWork with Chris? hello@wealthful.com.au EPISODE TRANSCRIPT: www.theelephantintheroom.com.au/podcasts/095See omnystudio.com/listener for privacy information.

Sales agent Geoff Grist, who’s written a book called “Sold Above Market” is a real estate agent on Sydney’s Lower North Shore. This episode reveals some great insights into how the best agents operate. Here’s what we covered: Why the remuneration of agents goes hand in hand with mistrust Why AVM’s aren’t worth the paper they are printed on What you need to do prior to selling your home to maximize price. What makes buyers pay above market prices? How to get your offer accepted, the rules of engagement. How can you buy below market? How do vendors ruin their own sales campaigns? How can an average agent can ruin a sale. We hope this episode gives you some great insights into the psyche of sales agents. WEBSITE LINKS:Episode 12 - John CunninghamEpisode 20 - Georgie Bates GUEST WEBSITES:FREE copy of “Sold Above Market” click HERE Geoff Grist - Richardson & Wrench Mosman/Neutral Bay Work with Veronica? info@gooddeeds.com.auWork with Chris? hello@wealthful.com.au Read the transcript:www.theelephantintheroom.com.au/podcasts/094See omnystudio.com/listener for privacy information.

David Johnston of Property Planning Australia, & co-host of the podcast The Property Planner, is a property planner and a mortgage strategist. We asked him to explain recent changes to the mortgage industry, including: What is a property plan & why everyone needs one before they purchase  The property plan conversation - building it around life plans Loan structuring tips, risk assessment & extended approvals.  How good brokers are helping clients buy quality assets  What are the options if your pre approval & bank valuation don't stack up? What are the main mistakes property buyers make, particularly investors? Pre-approvals:  why postcodes, property type & property title can make a difference Why timing your property sales/purchase in the same market matters The future of mortgage broking & why all mortgage brokers are not equal  It’s a great episode, we hope you enjoy listening! WEBSITE LINKS:Episode 46 - Lorna Patten, Why wishful thinking costs you moreGUEST WEBSITES:David Johnston - Property Planning AustraliaFreebie: E-book “How to Succeed with Property to Create Your Ideal Lifestyle – The three steps to success and the seven critical mistakes”    Podcast: Property Planner, Buyer and Professor Podcast  Work with Veronica? info@gooddeeds.com.auWork with Chris? hello@wealthful.com.au DOWNLOAD TRANSCRIPT: www.theelephantintheroom.com.au/podcasts/093See omnystudio.com/listener for privacy information.

We interview auctioneer & coach Phil de Fegely. Phil coaches many other successful auctioneers & he works with well known agency groups such as McGrath, Buxton, Jellis Craig, to name a few.  If you’re looking to buy a property, you will no doubt be dealing with an auctioneer at some point, so here’s the inside scoop on: How do good auctioneers influence buyers to bid? What type of bidding wins the auction? How do you know when the property is ‘on the market’? Why bringing your whole family to auction is likely to make you miss out. Strategy, predictability & other things to confuse the auctioneer. What is “Auction strategy” - what are agents trying to achieve? What are the three things you need to know about the reserve price? It’s a great episode, get in touch & let us know what you think. WEBSITE LINKS:Australian Property Investment Show - Free Ticket LinkSimon Russell, Behavioural Scientist - Episode 1Damien Cooley, Auctioneer - Episode 2Tim Heavyside, Auctioneer -  Episode 36GUEST WEBSITES:Phil de Fegely - Auctioneer/Coach Work with Veronica? info@gooddeeds.com.auWork with Chris? hello@wealthful.com.au Read the transcript:www.theelephantintheroom.com.au/podcasts/092See omnystudio.com/listener for privacy information.

We pick the brains Rod Fehring, CEO of Frasers Property Australia. Rod has 30 years of property industry experience so is well placed to give us insights into current issues with Australia’s construction industry. We cover a lot of ‘ground’ including: What needs to change in the building regulatory environment to lift standards & deliver better quality properties? Is the lack of consumer confidence in new apartments hitting prices hard? Do developers owe society more consumer protection? Why do regulatory & building frameworks cater to the lowest common denominator? How will the building industry flip recent building issues on it’s head to regain consumer confidence? What are the questions to ask yourself before you buy into an apartment development? What’s the difference in buying of the plan if you’re an investor? This episode could not come at a better time. WEBSITE LINKS:Australian Property Investment Show - Free Ticket Link GUEST WEBSITES:Frasers Property - Rod Fehring Read the transcript: www.theelephantintheroom.com.au/podcasts/091 Work with Veronica? info@gooddeeds.com.auWork with Chris? hello@wealthful.com.auSee omnystudio.com/listener for privacy information.

We get the inside scoop from David Easterbrook, director of Elite Buyer Agents in Melbourne. They operate two offices, one in Hawthorn and the other in Brighton. They help both owner occupiers & investors buy quality properties in the inner suburbs of Melbourne. David walks us through what’s happening on the ground in Melbourne, including: Lack of quality listings right now in Melbourne, when will it change? Why so many developers are going underground? Has the apartment market started to recover or are prices dropping? How prices & competition have been impacted by Chinese buyers exiting the market? Signs that show the downsizer market culture in Melbourne is changing. Rentvesting - capital gains tax issues & why it’s hard to make the numbers work. The dangers of being lured into a house & land package. WEBSITE LINKS:Location, Location, Location - BLOGGUEST WEBSITE: David Easterbrook - Elite Buyers Agents Work with Veronica? info@gooddeeds.com.auWork with Chris? hello@wealthful.com.au  Read the transcript: www.theelephantintheroom.com.au/podcasts/090See omnystudio.com/listener for privacy information.

We pick the brains of Brendan Coates of the Grattan Institute. Brendan’s research focuses on tax reform, economic & budget policy, retirement incomes & superannuation, housing, transport infrastructure & cities. He works in a think tank with a bunch of clever people with access to all manner of research that allows them to tackle the big questions & problems facing us as a nation. Here’s a preview: Home ownership crisis - why so many young & poor simply can’t afford their own home. Why is the government & our politicians afraid to make big reforms to Negative Gearing, Land Tax & Stamp Duty? Home Buyer Saver Scheme - is it all it’s cracked up to be? Who’s to blame for the lack of housing built to meet the demand of homeowners? Australia’s aging population - should inheritance tax be modified? Super increases - will higher super contributions exacerbate the problems of an ageing population? Why Australia’s housing stress will mean a rise of homelessness. What can be done for everyday Australians to assist housing affordability? This is such a great episode, packed with so many insights, we hope you enjoy listening! WEBSITE LINKS:Grattan Institute Housing Affordability re-imagining the Auystralian Dream  Lessons from the national Rental Affordability Scheme  GUEST WEBSITES:Brendan Coates - Grattan Institute, Household Finances Program Director Read the transcript:www.theelephantintheroom.com.au/podcasts/089 Work with Veronica? info@gooddeeds.com.auWork with Chris? hello@wealthful.com.auSee omnystudio.com/listener for privacy information.