Real Estate Right

Real Estate Right

TOP EXPERTS TALK ABOUT HOW TO BUY, SELL, RENT AND INVEST… RIGHT To educate, inform and better prepare the public with expert information about how to maximise their real estate transactions and dealings.

Episodes

October 6, 2022 27 min

Buying your first investment property is a courageous and big decision. Now you're responsible for someone else's home, but also responsible for an additional set of payments you need to consider each month. The whole process can be daunting, with tax considerations, tenancy law considerations and most of all, dealing with tenants - The good and the bad. But, it's the first stage of growing an investment portfolio, so y...

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On the back of our Episode 144, where we had Stephanie Hayes talk to us about all the problems she had being a first time renter, we thought we would give you the property manager's perspective of how to apply for your first rental property so you understand what helps you get over the line with your application. 

Megan Taylor is a senior manager of property partnerships at Longview Real Estate. Longview manage over 4000 proper...

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With a good percentage of people back in the office, and others exploring their options to work remotely, whether that's at home, a tropical island in Fiji, up in the snowfields or a break away on the coast, there is a larger need to keep an eye on your home when you're not at home. Today, we're going  to look at security options, and what are the latest things people are looking at in security when buying a home.

Micha...

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There is still a slight stigma about women buying their own property, however buying property can be the most empowering thing anyone can do. It can give you a steady stream of passive income to pay down your debt, it can give you a safe sanctuary to call home while your property appreciates in your sleep, and it can create the foundation of fulfilling some life long goals.  But doing it properly is an art. Today we are going to lo...

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Display homes, or big building companies, have a number of floor plan designs that they believe suit the vast majority of the blocks and more importantly, the lifestyles of their buyers. However sometimes, as a buyer, you just want to add your own personality into your home, so it doesn't have the same look or possibly the same function as everyone around you. Today we are going to talk to a gorgeous couple about how they were ...

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Kitchens and bathrooms are where buyers see value in property. They want a functional kitchen with a bit of today's style, quality appliances and designer bench tops, but it's expensive to transform your kitchen, especially if it's just for sale, not for you to benefit from it. Today we have our effervescent trade, Dean Davis from M+Co Property to explain how you can transform your kitchen on a budget when you want ...

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With interest rates rising, it's time to be smart with your investments. Many agents lure you into the traditional way of investing in property - give it to their property manager to make it available to Joe Public, get enough rent to just pay your mortgage interest repayments, but not enough for you to pay all the expenses so you negative gear. There has to be a better way...to find out more, we have the property guru, Goro Gu...

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While there is doom and gloom about interest rates, building materials and the cost of trades, those in the know look at this as an opportunity to make a move. The key is to know what is viable, what will make money and having the right team behind you. Today we are going to find out how to find that viable development site that will make you money in any market. 

Jim Malamatinas bought his first house at the tender age of 22. Litt...

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In a seller's market, more people are prepared to buy first, then sell later, hoping that the market is still rising and they can reduce the difference of what they owe for the original house to that of the new house. That's all well and good, but what happens when you can't get the settlement dates to co-incide? You're going to need bridging finance and we have just the right man to tell us all about it.

Evan Davis...

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Due to investors getting out of the property market when covid hit, there is a huge lack of properties available for a large number of tenants wanting to change location, upgrade the size of their home for the growing family needs and those wanting to leave the family nest. Melbourne vacancy rates are at an all time low, meaning that tenants are competing for each and every property in some suburbs, making it difficult to secure a ...

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Here at Real Estate Right, we are giving a general overview of all things real estate, and one part of it we haven't done yet, but is still under the real estate banner is buying a business. Many people start a business, but many also buy an existing business, so today we are going to help those who want to get out of the 9-5 grind and help them be their own boss with some helpful tips on buying a business.

A business owner in ...

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With real estate becoming more expensive, adult children seem to be prolonging the move out of the nest, elderly parents are opting to be close to family rather than head for the retirement home, and somehow, it can't all happen under the one roof. So today we are going to explore the idea of putting another roof on your property, with what you need to know about granny flat regulations.

Dean Roller runs the world's largest...

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There's nothing worse than having a dispute with anyone, but with your landlord or tenant, about your shelter, your hard earned money or your investment, it can be soul destroying. Knowing you're in limbo waiting on VCAT to issue you a hearing date, not only prolongs the process, but can be detrimental to your relationships and finances. Today we are going to find out what alternatives there are to VCAT when you have a rent...

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Most people see a heritage overlay or heritage listing as finite. If Heritage Victoria want to label a house 'Heritage', because of it being typical of the era, it's designed by a distinct architect or has an overlay that's consistent with the streetscape, then you really don't have a leg to stand on if you want to make significant changes to the property. Or do you? Today we are going to find out how a stubborn...

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Now we are right in the heart of the winter months, there's nothing better than costing up to a nice warm fire. With gas fireplaces being on trend, it's actually not too hard to install a stylish gas fireplace to warm your living space, an alfresco area or even your bedroom. The benefits are good for the soul, but also good for adding value to your home, and today we are going to find out how you can add some fireplace ambi...

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More than ever, budding developers, ordinary Mums and Dads and keen investors are paving the way to creating their fortune through the art of developing property. However, most set themselves up for failure. Today we are going to find out how to think big when it comes to property development and make each of your developments a success, using a property development coach.

Brendan Kelly, from Results Mentoring, is here with us toda...

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After 2 years of Covid fears and restrictions of world travel, international buyers fled Australia on mass, reducing the opportunity for locals to capitalise on a varied buyer pool, but also the reduction of international students and immigrants who couldn't come to our shores, ensured that international buyers couldn't see the value in investing in our property.  Now that we have seen the last of the lockdowns, are they co...

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Usually Melbourne winters cool down the real estate market. With a lack of leaves on the trees, colour in the garden, shoes required to be taken off at the open for inspections and rain coming from all directions, most don't see it as an optimal time to be selling their biggest asset. Yet with a lack of property on the market, and those looking to settle before Christmas, those who choose to sell their properties on the market ...

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Today we have our third case study. This forms the second part of last week's episode, where we talked to Naomi Anderson from Aged Care Ready, but today, we hear it from the family's perspective. It's a heartbreaking time for all when you have to separate your parents or sell the family home or the empty nester apartment to pay for aged care. 

Jonathon Easton and his sister have watched their parents enjoy their retirem...

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It's always hard to see a family member's lifestyle deteriorate, especially if they have been in the family home for decades and can no longer look after themselves the way they did in the past. It's even harder not knowing where to turn, dealing with all the emotions, the differing family wants and the financial costs of any transition that may occur. Are they ready for aged care or is that still a little extreme? Some...

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