The WA Property Q&A

EP50 Policy, Planning & the Future of WA Housing — With Michael McGowan

Peter Fletcher — Tue, 31 Mar 2026 20:00:00 -0400

In this episode, I sit down with Michael McGowan to unpack the role government policy plays in shaping the WA property market. From planning reform to housing supply and affordability, we explore how decisions made at a policy level flow directly through to property prices, development feasibility, and investor outcomes.

Michael shares his perspective on the challenges facing Western Australia—from balancing growth with infrastructure, to managing community expectations, to unlocking new housing supply. We also discuss the complexities of government intervention, the trade-offs involved in reform, and what needs to happen to create a more efficient and sustainable housing system.

If you’re a property investor trying to understand how policy impacts the market—and where opportunities and risks may emerge—this episode is essential listening.

Key Topics Covered

✅ The role of government policy in housing supply and affordability

✅ Planning reform and its impact on development timelines

✅ Infrastructure constraints and their effect on housing delivery

✅ The balance between community expectations and growth

✅ Government intervention vs market-driven outcomes

✅ Challenges in accelerating housing supply in WA

✅ The long-term vision for housing and urban development

If you want to stay ahead as a property investor, understanding policy and planning is critical.

✅ Subscribe to the WA Property Q&A Podcast

✅ Share this episode with fellow investors and professionals

✅ Visit https://rezzi.com.au for more WA property insights

Connect with Me

Website: https://rezzi.com.au/

Podcast Hub: https://rezzi.com.au/podcast/

Instagram: https://www.instagram.com/rezziau/

YouTube: https://www.youtube.com/@rezzi5526

EP49: Why Most Small Property Developments Fail (And How to Avoid It) — With Karlie Wolfe

Peter Fletcher — Tue, 17 Mar 2026 17:00:00 -0400

Episode Summary:

In this episode, I sit down with Karlie Wolfe, Senior Director of Residential Development & Advisory at Opteon, to unpack how professional valuers assess development feasibility and what really determines whether a project stacks up.

Karlie brings over two decades of experience valuing residential development projects across Western Australia—from small triplex sites to large-scale apartment towers. We dive deep into the numbers behind development: how land values are calculated, why construction costs are crippling some projects, and what junior developers often underestimate when they first get started.

If you’ve ever wondered how banks evaluate development deals, why certain projects never get built, or what separates profitable developments from financial disasters, this episode is essential listening.

Key Topics Covered

✅ How valuers assess development feasibility for banks and developers

✅ The key factors that determine whether a development site is viable

✅ Why location, site shape, and topography dramatically impact profitability

✅ The residual land value method used to calculate what developers can afford to pay

✅ Why construction costs are the biggest challenge facing developers today

✅ The difference between small-scale townhouse developments and large apartment projects

✅ Why Perth has a “dead zone” in medium-density apartment supply

✅ The ongoing supply shortage driving Perth property prices higher

Actionable Insights for Property Investors & Developers

Understand Your Costs: GST, site works, finance costs, and holding costs can dramatically change feasibility.
Flat Land Matters: Sloping sites can add tens of thousands in retaining walls and site preparation.
Design Drives Profitability: Well-designed smaller homes often sell better than larger poorly designed ones.
Avoid Overcapitalising: Match finishes to the suburb and target buyer profile.
Use Professional Advice Early: Valuers, builders, and local agents can help validate your assumptions before committing to a purchase.

Feasibility Must Work Today: Banks and valuers assess projects based on today’s market—not predicted future growth.

Connect with Me

Website: https://rezzi.com.au/

Podcast Hub: https://rezzi.com.au/podcast/

Instagram: https://www.instagram.com/rezziau/

YouTube: https://www.youtube.com/@rezzi5526

Don’t forget to subscribe, share, and leave a review — it helps more WA property investors discover the insights they need to make smarter decisions.

EP48 Planning, Density & The Future of WA Housing — A Conversation with Cameron Leckey

Peter Fletcher — Wed, 25 Feb 2026 08:00:00 -0500

In this episode, I sit down with Cameron Leckey — owner of Rise Urban and WA President of the Planning Institute — to unpack one of the biggest questions facing Western Australia: how do we actually build more housing without destroying the character of our suburbs?

Cameron brings a rare inside perspective on how planning really works — from 10-year greenfield developments to infill density around train stations. We explore why planning sometimes feels like “computer says no,” what needs to change in order to address affordability, and how infrastructure, rezoning, and community consultation all shape the homes that eventually hit the market.

If you want to understand why supply is slow, where density is heading, and what the future “Australian Dream” looks like, this episode is essential listening.

Key Topics Covered

✅ Why housing developments can take 10+ years from paddock to titles

✅ The role of structure plans, rezoning, and infrastructure sequencing

✅ Whether planning is slowing down housing supply

✅ Why developers aren’t the villains many think they are

✅ The reality of NIMBY vs YIMBY movements

✅ The State Government’s density push around train stations

✅ Infill at scale vs backyard subdivisions

✅ The evolving “Australian Dream” — from land size to lifestyle

Actionable Insights for Property Investors

Understand the Time Lag: New land supply doesn’t appear overnight — 10-year pipelines are common.
Watch Transport Nodes: Density around train stations will drive future growth and value shifts.
Infill at Scale Is Key: Large infill sites (like former government land) will shape Perth’s next growth phase.
Infrastructure Drives Value: Roads, pipes, schools and power dictate where housing can actually happen.
Demographic Shifts Matter: Downsizers are prioritising location and convenience over land size.

Connect with Me

Website: https://rezzi.com.au/

Podcast Hub: https://rezzi.com.au/podcast/

Instagram: https://www.instagram.com/rezziau/

YouTube: https://www.youtube.com/@rezzi5526

Don’t forget to subscribe, share, and leave a review — it helps more WA property investors make informed decisions.

EP47: Auctions, Transparency & Government Intervention — What Property Investors Need to Know

Peter Fletcher — Tue, 27 Jan 2026 19:00:00 -0500

In this episode, I’m joined by Robert Mandanici, Vice President of REIWA and Director of Paddington Realty, to unpack one of the most debated topics in Australian real estate right now: transparency in property sales and the growing role of government intervention. We start by examining proposed changes coming out of Victoria around compulsory disclosure of auction reserve prices—and why those reforms could have unintended consequences for both buyers and sellers.

Rob brings a seasoned, on-the-ground perspective to the conversation, explaining why auctions, when conducted properly, can actually be one of the most transparent sales methods available. We also explore how WA’s market differs from the eastern states, the risks of poorly designed regulation, and what investors should be watching as governments respond to housing affordability, planning reform, and sustainability pressures.

Key Topics Covered:

✅ Why compulsory disclosure of auction reserves may backfire

✅ Auctions vs private treaty — transparency myths and realities

✅ How buyers can end up bidding against themselves in low-stock markets

✅ The impact of government intervention on property prices and transaction speed

✅ Why WA’s auction framework differs from Victoria and NSW

✅ Planning reform around transport hubs and higher-density living

✅ Sustainability, insurance risk, and how banks are shaping property values

✅ The growing role of AI and data in real estate decision-making

Actionable Insights for Property Investors:

Understand the Method of Sale: Auctions can be highly transparent—but only when properly regulated and understood.
Beware of Unintended Regulation: Government reforms can change buyer behaviour and pricing dynamics in unexpected ways.
Know Your Market: WA operates very differently from the eastern states—don’t assume policies translate cleanly.
Watch Planning Changes Closely: Density around transport hubs will reshape long-term supply and values.

Factor in Sustainability: Insurance and lending criteria are increasingly influencing what properties can be financed or insured.

Connect with Me

Website: https://rezzi.com.au/

Podcast Hub: https://rezzi.com.au/podcast/

Instagram: https://www.instagram.com/rezziau/

YouTube: https://www.youtube.com/@rezzi5526

Don’t forget to subscribe, share, and leave a review—it helps other WA property investors find the information they need to make better decisions.

EP46: From Risk to Reward: What Smart Investors Should Know About Strata

Peter Fletcher — Wed, 22 Oct 2025 08:00:00 -0400

Strata property can be a smart investment—but it can also turn into a financial nightmare if you don’t understand the risks. In this episode, I sit down with my business partner at Rezzi Strata, Nikki D’Agostino, to share real stories from the front line of strata management.

We talk about one shocking case where a $12K insurance policy skyrocketed to over $300K, why certain tenancy types are considered high risk, and how WA’s Strata Titles Act reforms can shift costs back onto problem owners or tenants. We also explore what makes a scheme “unmanageable,” the importance of checking strata minutes before you buy, and why community harmony matters for long-term value.

If you’re investing in WA property, this episode could save you thousands.

Key Topics Covered:

✅ Why certain tenancy types can send insurance premiums through the roof

✅ How a $12K policy turned into a $300K nightmare for one strata scheme

✅ The new WA legislation that allows costs to be shifted back to problem owners or tenants

✅ What makes a strata scheme “unmanageable” from a manager’s perspective

✅ How strata minutes can affect property valuations—and your exit strategy

✅ Why building community matters just as much as managing compliance

✅ The role of AI, automation, and offshore teams in the future of strata management

Resources & Links:

WA Strata Titles Act reforms
Website: https://rezzi.com.au
Instagram: @rezziau
YouTube: Rezzi Channel

Connect with Me

Website: https://rezzi.com.au

Podcast Hub: https://rezzi.com.au/podcast/

Instagram: @rezziau

YouTube: Rezzi Channel

Don’t forget to subscribe, share, and leave a review—it helps other WA investors discover the insights that protect their portfolios.

EP45 Real Estate Fatigue Is Real: Burnout, Buyer Stress & Broken Systems in WA

Peter Fletcher — Tue, 12 Aug 2025 18:00:00 -0400

In Episode 45, Peter Fletcher sits down with industry veterans Nikki D’Agostino and Davide Palermo to take the pulse of WA’s real estate industry—and it’s clear that fatigue is setting in across all fronts.

Whether it’s burnout from relentless compliance reform, buyer exhaustion, or mental health strain among agents, this episode explores the human cost of a market under pressure. From the effects of COVID-era disruption to the reality of 200-page contracts, the team discusses what’s broken—and what we can do to fix it.

EP44 Strengthening Trust in Property Transactions – A Call to Action for the Real Estate Industry

Peter Fletcher — Tue, 22 Jul 2025 18:00:00 -0400

In this powerful solo episode, Peter Fletcher takes the mic to sound the alarm on a growing crisis in the Australian property sector: the rise of unlicensed buyer’s agents operating in the shadows of the industry. With the proliferation of social media-driven services and vague “investment advisor” labels, too many consumers are unknowingly placing their trust—and money—in the hands of unqualified operators.

Peter outlines a seven-point reform proposal aimed at closing regulatory loopholes, empowering consumers, and supporting licensed professionals. If you’re in real estate sales, buyer advocacy, conveyancing, or regulatory enforcement, this episode is a must-listen.

EP43 Understanding AML-CTF in WA Real Estate: A Guide for Agents, Buyers & Sellers

Peter Fletcher — Tue, 17 Jun 2025 20:00:00 -0400

This week on the WA Property Q&A, Peter Fletcher welcomes back Ches Rafferty to discuss the significant changes brought about by AML-CTF (Anti-Money Laundering and Counter-Terrorism Financing) regulations impacting Western Australian real estate agents and conveyancers.

Ches clarifies the complexities of these new rules, effective July 1st, 2026, emphasizing the importance of customer due diligence and suspicious matter reporting. He explains the need for real estate professionals to verify the identities of buyers and sellers, outlining the potential consequences of non-compliance – hefty fines reaching millions of dollars.

While acknowledging privacy concerns, Ches stresses the crucial role of these regulations in preventing serious crimes like drug trafficking and human exploitation. He also highlights the upcoming release of detailed guidelines from AUSTRAC in January 2026, advising listeners to begin their education and planning now, but to avoid rushing into costly solutions before the guidelines are released.

Key Takeaways:

AML-CTF regulations require real estate agents and conveyancers to implement comprehensive compliance programs by July 1st, 2026.
Customer due diligence, including identity verification and checks against sanctions and politically exposed persons lists, is mandatory.
Suspicious matter reports must be filed with AUSTRAC when unusual behavior is detected, even if it's a "mate" involved in the transaction.
Non-compliance carries severe penalties, including substantial fines and potential business closure.
Detailed AUSTRAC guidelines will be released in January 2026; professionals should begin educating themselves and planning their compliance strategy now.

Understanding AML-CTF in WA Property

What is AML-CTF? AML-CTF stands for Anti-Money Laundering and Counter-Terrorism Financing. It's a federal act expanding regulations to minimize money laundering and terrorism funding in various sectors, including real estate. This impacts real estate agents and conveyancers (but not property managers) from July 1st, 2026.

Impact on Real Estate Agents and Conveyancers: All real estate agents and conveyancers must implement an AML-CTF program, conduct customer due diligence (identifying buyers), and file suspicious matter reports (SMRs) with AUSTRAC if buyer behavior seems suspicious. Detailed guidelines from AUSTRAC are expected in January 2026.

Customer Due Diligence: This involves verifying the identity of buyers and sellers, checking against money laundering and terrorism lists. While the exact timing isn't fully defined yet, it's likely required upon offer submission. Refusal to comply with identity verification can result in the agent or conveyancer refusing to proceed with the transaction. It's not the agent's responsibility to prevent transactions, but they must still proceed with due diligence and reporting of suspicious activity. "Tipping off" is illegal, thus even if you are suspicious the transaction still proceeds.

Verification and Safe Harbor: Verification platforms can help real estate agents and conveyancers meet their obligations. While these platforms can provide evidence of due diligence, they do not provide absolute safe harbor; the business retains ultimate responsibility. Comprehensive record-keeping is crucial. Ongoing due diligence is generally only required for clients with frequent transactions, like professional property buyers.

Source of Funds: While not always required, scrutiny of funds increases if the source seems unusual (e.g., a sudden shift from financing to cash). Suspicious activity needs to be reported.

Penalties for Non-Compliance: Non-compliance carries significant penalties, including criminal charges, fines up to $6 million for individuals and $24 million for businesses, and daily penalties for failure to enroll. Record-keeping is crucial to demonstrate due diligence and avoid penalties.

Educate yourself and your staff on AML-CTF regulations.
Start planning your compliance strategy now; don't wait until June 2026.
Enroll with AUSTRAC as soon as possible after January 2026.
Consider using a reputable compliance platform to assist with due diligence and reporting.
Implement robust record-keeping procedures.
Develop clear processes for identifying and reporting suspicious activity.
Implement an AML-CTF compliance program

Links and Resources:

AUSTRAC - Summary of AML/CTF obligations for tranche 2 entities
Scantek - AML/CTF platform expressions of interest
Scantek - Real estate agents, here’s what you need to know about the upcoming AML/CTF Tranche 2 changes

Visit the AUSTRAC website to learn more about AML-CTF compliance requirements. Start researching technology and service providers to assist with your compliance program now, don't wait until the last minute. Begin your preparations today to ensure a smooth transition and avoid the significant penalties associated with non-compliance.

EP42 Navigating Strata Management: Insightful Tips from Nikki D'Agostino

Peter Fletcher — Wed, 23 Apr 2025 07:00:00 -0400

In this episode of WA Property Q&A, we welcome back Nikki D’Agostino, co-owner of Rezzi Strata. With decades of experience in the industry, Nikki shares insights into the complexities of strata management, from handling large-scale developments to guiding residential property owners. She also discussed the importance of proper governance, industry regulations, and the evolving role of strata managers in Western Australia.

Key Topics in this episode:
The complexities of managing mixed-use strata developments
The importance of education and certification in strata management
Differences between residential and commercial strata schemes
Common issues residential strata owners face, including property modifications
How Rezzi Strata is adapting to rapid growth and industry challenges

She discussed the importance of proper legislation, licensing, and industry advocacy, emphasizing structured budgets and bylaws in strata management. Nikki highlights how strata setups impact financial responsibilities, with grouped budgets differentiating costs for hotel operators, residential owners, and commercial tenants.

She also notes the challenges property owners face, particularly in smaller residential developments, where many are unfamiliar with strata rules, such as requiring approval for modifications like patio installations. The conversation underscores the importance of clear regulations, well-implemented software systems, and professional expertise in managing strata properties efficiently.

00:00 Introduction to WA Property Q&A
00:48 Meet Nikki: Strata Management Expert
01:23 Complexities of Strata Management
04:46 Navigating Strata Approvals
14:00 Understanding Strata Levies and Costs
19:27 Reserve Funds and Long-term Planning
24:26 Strata Loan and Levies Explained
25:41 Unexpected Maintenance Costs
26:39 Importance of Proactive Maintenance
30:19 Strata Living: Pros and Cons
32:52 Common Questions and Issues in Strata
34:54 Parking Problems in Strata Complexes
41:09 Final Thoughts and Advice

#StrataManagementWA, #NikkiDAgostino, #RealEstateWA

Visit our website: https://rezzi.com.au/
Subscribe on these channels:
Apple Podcast - https://podcasts.apple.com/us/podcast/the-wa-property-q-a/id1698464149
Spotify - https://open.spotify.com/show/31Nnigbr2rHmUffkEUxRWY
Podchaser: https://www.podchaser.com/podcasts/the-wa-property-qa-5401298

EP41 Choosing property management software: A conversation with Michelle Rigg.

Peter Fletcher — Tue, 25 Mar 2025 21:45:00 -0400

In this episode of WA Property Q&A, I sat down with Michelle Rigg, General Manager of Rentwest Property Solutions, to discuss the complexities of property management software. We covered Rentwest's journey from using VaultRE, Colmeo, to PropertyMe, and the challenges faced along the way. Michelle shares valuable insights into the decision-making process, implementation hurdles, and the importance of automation in property management systems. Tune in to gain a deeper understanding of property management in Western Australia and the future of property management software.

00:00 Introduction to WA Property Q&A
00:47 Meet Michelle Rigg from Rentwest Solutions
02:37 Discussing Software Choices for Property Management
03:58 Experience with Volt RE
09:31 Transition to Colmeo
11:57 Challenges with Colmeo
19:54 Future of Property Management Software
22:58 The Decision to Change Programs
23:26 Team Involvement and Considerations
24:25 Choosing Property Me Over Property Tree
27:50 Transition Challenges and Manual Processes
34:14 Reflections and Future Goals
42:45 Conclusion and Contact Information

Visit our website: https://rezzi.com.au/
Subscribe on these channels:
Apple Podcast - https://podcasts.apple.com/us/podcast/the-wa-property-q-a/id1698464149
Spotify - https://open.spotify.com/show/31Nnigbr2rHmUffkEUxRWY
Podchaser: https://www.podchaser.com/podcasts/the-wa-property-qa-5401298

EP40 Navigating Strata Management in WA with Nikki D'Agostino

Peter Fletcher — Tue, 28 Jan 2025 17:28:00 -0500

In this episode of WA Property Q&A Podcast, Nikki D’Agostino joins us once again, this time, not only as a guest, but also business partner and discuss the intricacies of strata management in Western Australia.

Key points:
Learn about the current lack of regulations for strata managers,
the importance of transparency in commissions,
the potential for reform within the industry.
Discover how developers can better manage initial levies,
the role of 10-year maintenance plans, and i
innovative ways to redevelop older properties.

Be sure to watch the full episode on YouTube and subscribe on your favorite podcast platforms. We hope you enjoy this conversation.

Chapters:
00:00 Introduction to WA Property Q&A
00:47 Meet Nikki D'Agostino: New Business Partner
01:21 Motivation behind starting a strata management business
01:59 Industry changes and media focus
02:59 Lack of regulation in WA strata management
04:00 Upcoming educational requirements
05:29 Proposals for licensing and regulation
17:43 Challenges in strata management communication
21:07 Technological solutions and relationship building
22:08 Optimal council size for effective management
22:32 Communication strategies for strata management
24:06 Role of real estate agents in strata management
25:47 Controversy over strata manager commissions
31:05 Developers' influence in strata management
33:21 Importance of 10-Year maintenance plans
35:16 Revitalizing Older Buildings
40:09 Funding and grants for strata improvements
42:28 Conclusion and Future Prospects

Links and Resources:
Rezzi
Peter Fletcher on LinkedIn

Subscribe on these channels:
Apple Podcasts
Spotify
Podchaser

EP39 Exploring PropTech with Peter Schravemade: Innovations and Insights

Peter Fletcher — Thu, 31 Oct 2024 18:43:00 -0400

In this episode of the WA Property Q&A, join host Peter Fletcher as he delves into the innovative world of PropTech with guest Peter Schravemade. Explore the REACH program's pivotal role in advancing new property technologies and learn about significant players like DocuSign, Box Brownie, and Tappi.
Discover how groundbreaking fashion and smartphone technologies are transforming traditional processes and home renovations through precision tools like LiDAR. Follow a personal journey from property development to tech innovation, touching on smart home advancements and customized CRM systems.
Gain invaluable insights into the challenges and breakthroughs in tech adoption, from AI chatbots to anti-money laundering technologies, and the significance of maintaining the human touch in real estate transactions. Enjoy real-world feedback and industry trends captured from REBar Camp events, fostering genuine conversations and grassroots solutions in a relaxed setting.

Chapters:
00:00 Introduction to WA Property Q&A
00:48 Meet Peter Schravemade: Managing Partner of REACH
01:54 Understanding the REACH Program
04:31 Investing in property technology
08:45 Innovative tech in real estate
15:01 From property to tech: Peter's journey
18:46 SensorGlobal: Revolutionizing property management
20:26 The rise of smart homes in real estate
24:40 Cold approaches and investment filters
27:18 Trends shaping tech and innovation
34:10 The future of AI chatbots
39:54 The value of REbar camps
43:55 Conclusion and final thoughts

Links and Resources:
·     Rezzi
·     Peter Fletcher on LinkedIn
·     Peter Schravemade on LinkedIn

Subscribe on these channels:
·     Apple Podcasts
·     Spotify
·     Podchaser

EP38 Building a Special Culture: Michelle Rigg's Approach to Property Management

Peter Fletcher — Tue, 22 Oct 2024 17:00:00 -0400

In this episode of the WA Property Q&A podcast, host Peter Fletcher interviews Michelle Rigg, the General Manager of RentWest, a property management company in Western Australia. They discuss various aspects of
·      property management, including the history and growth of RentWest,
·      the unique company culture that prioritizes customer experience over traditional KPIs,
·      and how they use technology like Airtable and Kolmeo to streamline their workflows.
Michelle elaborates on their innovative approaches, such as the trial of a four-day workweek, and the significant role of trust and open communication within the team. They also touch on challenges, the benefits of AI in property management, and the future of the industry.

Chapters:
00:00 Introduction to WA Property Q&A
00:48 Meet Michelle Rigg: General Manager of RentWest
01:40 Michelle's journey in real estate
03:39 The Philosophy of RentWest
06:23 Challenges and innovations in property management
16:21 The four-day work week experiment
21:03 Career flexibility and individual conversations
22:13 Measuring productivity and customer experience
23:42 Financial performance and software challenges
25:51 The four-day work week and team dynamics
27:41 Trust and team efficiency
32:17 Kolmeo software and client experience
40:14 Future of property management and AI integration
42:29 Conclusion and contact information

Links and Resources:
·     Rezzi
·     Peter Fletcher on LinkedIn
·     RentWest website

Subscribe on these channels:
·     Apple Podcasts
·     Spotify
·     Podchaser

EP37 Transformations in Real Estate: A Conversation with Michael Keil

Peter Fletcher — Tue, 15 Oct 2024 17:00:00 -0400

In this episode of the WA Property Q&A podcast, host Peter Fletcher interviews Michael Keil, an experienced real estate agent in Western Australia. Michael shares his journey from starting out in the industry at the age of 18 to becoming a successful real estate professional. He discusses his experiences working in various locales like South Perth, Belmont, and Kalgoorlie, and details his ventures in setting up different real estate businesses including Porter Matthews Belmont and michaelkeil.com.

Michael also opens up about the challenges and decisions that led him to join The Agency, where he continues to thrive today. Listeners will gain insights into the dynamics of the WA property market, the importance of selecting the right professional path, and the complexities of managing a real estate business. Michael's story underscores the value of adapting and making strategic choices to achieve a balanced and fulfilling career.

Be sure to listen to the full episode or watch the video on YouTube.

Chapters:
00:00 Introduction to WA Property Q&A
00:48 Meet Michael Keel: A real estate veteran
01:48 Michael's early career struggles
03:26 Transition to Belmont and career growth
04:20 Family influence and real estate success
11:06 Porter Matthews: The beginning
26:48 Travel and new opportunities
31:37 Reflecting on tough times
32:16 Kalgoorlie success stories
32:52 Joining Brown James and AusNet
35:08 The Kalgoorlie kid's rise
37:47 Return to Perth and Career Moves
38:32 Realty executives and new beginnings
41:01 Launching MichaelKeel.com
44:27 Balancing business and family
49:39 Transition to The Agency
55:19 Final thoughts and advice
01:02:42 Conclusion and wrap-up

Links and Resources:
·     Rezzi
·     Peter Fletcher on LinkedIn
·     Michael Keil Website
·     Michael Keil on Linkedin

Subscribe on these channels:
·     Apple Podcasts
·     Spotify
·     Podchaser

EP36 Challenges and Triumphs: Christina Mandanici on Property and Peaks

Peter Fletcher — Tue, 08 Oct 2024 17:00:00 -0400

Dreams and adventures often take a back seat for many business owners. It’s that elusive work-life balance that always seem to be the challenge for most entrepreneurs, but not for Christina Mandanici.

In this episode of the WA Property Q&A podcast, we are joined by Christina Mandinici, co-founder of Paddington Realty, discussing her experience in the WA real estate market and personal journey from Melbourne to Perth. Christina shares insights into managing a family-oriented business, challenges in property management, and her adventurous trek to Everest Base Camp. She recounts the trials and triumphs of the expedition, highlighting her resolve and future aspirations including climbs at Mount Kinabalu and Mount Kilimanjaro.
Be sure to listen to the full episode or watch the video on YouTube to learn how Christina manages family, business, and that dream climb to the highest peak in the world.

Chapters:
00:00 Introduction to WA Property Q&A
00:47 Meet Christina Mandinici
01:35 Christina's journey from Melbourne to Perth
03:50 Christina's career and education
06:29 Starting Paddington Realty
10:51 Balancing family and business
12:26 Challenges and rewards in property management
16:23 Everest Base Camp adventure
21:22 The journey begins: From Looklett to Monjo
22:11 Challenges on the Namche Hill
24:59 The Rockcident: A major setback
28:32 Reaching Everest Base Camp
29:26 Life at Base Camp
37:50 The descent and return to Perth
39:20 Post-Adventure reflections
43:28 What's Next: Future adventures

Links and Resources:
·     Rezzi
·     Paddington Realty
·     Peter Fletcher on LinkedIn
·     Paddington Realty on LinkedIn

Subscribe on these channels:
·     Apple Podcasts
·     Spotify
·     Podchaser

EP35 From Teacher to Top Agent: Davide Palermo’s Real Estate Journey

Peter Fletcher — Wed, 02 Oct 2024 08:00:00 -0400

In this episode of the WA Property Q&A podcast, we welcome back real estate expert David Palermo to discuss
·     the importance of choosing the right mentorship in the real estate industry,
·     insights into the evolving dynamics of the property market in Western Australia.
·     The common challenges faced by new agents,
·     the role of social media,
·     and the significance of building community connections.
Tune in to gain valuable insights into successful property buying in Western Australia!

Chapters:
00:00 Introduction to WA Property Q&A Podcast
00:46 Meet David Palermo: background and experience
01:54 Journey into Real Estate: challenges and insights
05:46 Starting in Real Estate: tips for new agents
09:50 Mentorship and training in real estate
14:13 Challenges and changes in the real estate industry
24:22 The importance of adaptability in communication
25:25 Spotlight on Corey Adamson: A new breed of real estate agent
26:20 Leveraging social media for real estate success
29:47 Overcoming fear of social media among young agents
35:55 Creating authentic content and community engagement
42:53 Wrapping Up: final thoughts and contact information

Links and Resources:
·     Rezzi
·     Peter Fletcher on LinkedIn
·     Davide Palermo

Subscribe on these channels:
·     Apple Podcasts
·     Spotify
·     Podchaser

EP34 Trends in Property Finance with Ryan Rawlins

Peter Fletcher — Tue, 03 Sep 2024 21:00:00 -0400

This week, we are joined by Amplified Lending’s finance broker, Ryan Rawlins. Ryan has over 18 years of experience in finance broking and today, we’ll learn some important insights on investment strategies, the importance of understanding lending, and advice for first-time homebuyers buyers looking to maximize their returns in the Western Australia property market.

Listen to the full episode for additional tips on
·     the benefits of buying more expensive properties
·     the value of good financial advice and
·      how different perspectives from both real estate and finance can help buyers make informed decisions.

Chapters:
00:00 Introduction to WA Property Q&A
00:47 Meet Ryan Rawlins: finance guru
01:20 Ryan's journey into finance broking
03:22 Real estate adventures and strategies
06:16 Investing in Perth: hotspots and insights
09:01 Mount Lawley project: challenges and plans
16:57 Finance tips for property buyers
17:42 Understanding compounding interest in property investment
18:19 The benefits of investing in higher priced properties
18:45 Compromises in property buying decisions
19:38 The importance of planning for future needs
21:30 Maximizing your loan potential
26:09 The role of financial planners in real estate
27:46 Balancing real estate and other investments
32:56 Personal experiences with property investment
38:50 Final thoughts and advice

Links and Resources:
·     Rezzi
·     Peter Fletcher on LinkedIn
·     Ryan Rawlins on LinkedIn
·     Amplified Lending Solutions

Subscribe on these channels:
·     Apple Podcasts
·     Spotify
·     Podchaser

EP33 The new career path – How to navigate a move into the real estate sales with Davide Palermo

Peter Fletcher — Tue, 27 Aug 2024 09:00:00 -0400

In this episode of the WA Property Q&A Podcast, we welcome long-time real estate colleague Davide Palermo from 'The Agency.’

In this 40+ minutes we deep dived into various topics including:

• the intricacies of buying property in Western Australia.
• the dynamics of the current property market,
• and the challenges faced by both sellers and buyers.

Our conversation also took us into the impact of reality TV on real estate expectations, the benefits of online auction platforms, and the importance of realistic budgets and market competition. There’s just so much to learn from this episode so be sure to listen to the whole episode if you prefer the audio or check this out on YouTube for the video version.

Links and Resources:
·     Rezzi
·     Peter Fletcher on LinkedIn
·     Davide Palermo

Subscribe on these channels:
·     Apple Podcasts
·     Spotify
·     Podchaser

EP32 Government Policies and Property Market Dynamics with Rob Mandanici

Peter Fletcher — Tue, 20 Aug 2024 20:00:00 -0400

In this episode of the WA Property Q&A podcast, we are joined by Paddington Realty Director and REIWA council member, Robert Mandanici. We’re going to talk about the recent changes to the Residential Tenancy Act and the role of REIWA in advocating for property managers and sales reps.

We also discussed about the impact of these legislative changes on landlords and tenants so be sure to tune in to the full episode. The conversation also covers key advocacy pieces related to

·     property taxes and market supply,
·     the public's prevailing misconceptions about real estate professionals.

And finally, we’ll look into Rob’s take on the robust market conditions, and his insights into maintaining a fair and balanced approach to property management and investment.

Chapters:
00:00 Introduction to WA Property Q&A
00:49 Welcoming Guest Rob Mandanici
01:47 Challenges in the real estate industry
02:34 Changes in the residential tenancy act
04:21 Pets and rental properties
08:19 Minor modifications and strata laws
11:55 Advocacy and REIWA's role
13:43 Awards and recognition in real estate
17:38 Public grievances and consumer concerns
21:38 Affordability and property taxes
24:56 Supply and market dynamics
32:47 Perceptions and real estate practices
35:58 Conclusion and final thoughts

Links and Resources:
·     Rezzi
·     Peter Fletcher on LinkedIn
·     Rob Mandanici on LinkedIn
·     Paddington Realty Website

Subscribe on these channels:
·     Apple Podcasts
·     Spotify
·     Podchaser

EP31 The Future of Real Estate Practice in Australia w/ Peter Brewer

Peter Fletcher — Tue, 23 Jul 2024 21:00:00 -0400

In this episode of the WA Property Q&A podcast, host Peter Fletcher brings on Peter Brewer to discuss various aspects of the real estate industry in Australia. They touch on topics like the evolution of real estate branding, the importance of changing internal culture, the future of real estate offices, and the challenges of training and embracing AI. They also explore the role of Real Estate Institutes, franchise groups, housing affordability, and the impact of personal branding in the market. The episode rounds off with a discussion on maintaining humility in the profession and the mental health challenges faced by real estate agents.

00:00 Introduction to WA Property Q&A
00:46 Meet Peter Brewer: A real estate veteran
03:09 The evolution of the professionals brand
04:50 Challenges in changing real estate culture
06:25 Leadership and influence in real estate
09:23 The importance of training in real estate
11:45 AI and the future of real estate
17:30 The role of real estate institutes
26:37 Sustainability of small real estate offices
34:29 Unheard opportunities in real estate
35:14 Career path evolution for new agents
35:59 Recruiting the right people
38:09 The celebrity real estate agent myth
45:15 Balancing personal and corporate brands
49:42 Franchise Groups and Training
53:19 Addressing homelessness and affordability
01:00:20 Disruption in property management
01:03:09 Challenges facing the real estate industry
01:06:54 Conclusion and final thoughts

Links and Resources:
·     Rezzi
·     Peter Fletcher on LinkedIn
·     Peter Brewer’s website

Subscribe on these channels:
·     Apple Podcasts
·     Spotify
·     Podchaser

EP30 How to select a great real estate agent with sales coach David James

Peter Fletcher — Wed, 17 Jul 2024 09:00:00 -0400

In this episode of the WA Property Q&A podcast, I am reunited with my first real estate mentor and employer, David James. David interviewed me in my first real estate job some 40 years ago and it’s great to see us both still thriving in the real estate industry. Although James has already retired from being a real estate agent, he now deservingly uses his experience and wisdom from many years of practice as a sales coach for real estate agents.

Some key points that we’ve discussed:
qualities that make a good real estate agent
how to handle organized chaos
the importance of community involvement, effective communication
embracing technology and social media
the need for strong negotiation skills and
dedicated work ethic to thrive in the competitive WA property market

Don't miss this engaging conversation!

Chapters:
00:00 Introduction to WA Property Q&A
00:46 Meet David James: A Journey from Kalgoorlie to Perth
01:40 Early career lessons and anecdotes
03:20 The evolution of real estate practices
05:22 What makes a good real estate agent?
19:36 The importance of community involvement
24:53 Connecting through social media
28:01 The power of podcasts
30:15 The art of real estate negotiation
40:39 Addressing underquoting in real estate
43:47 Coaching and mentorship in real estate
46:46 Final thoughts and conclusion

Links and Resources:

Visit David's website
Connect with David on LinkedIn
Rezzi
Peter Fletcher on LinkedIn

Subscribe on these channels:
Apple Podcasts
Spotify
Podchaser

EP29 Conditional Commitment: Understanding 'Subject to Finance' in Property Deals in WA with Les Buchbinder

Peter Fletcher — Wed, 26 Jun 2024 08:00:00 -0400

Investing in a property is no walk in the park. There are different legal facets that you need to be aware of to avoid future headaches. In today’s episode of the WA Property Q&A podcast, we’ll deep dive into some legal aspects of property buying with the help of legal expert Les Buchbinder, co-founder of BBV Legal, to discuss the intricacies of buying property in Western Australia.

In this episode you will learn about:
·     the details of the REWA Offer and Acceptance form,
·     what you need to know about finance clauses,
·     the importance of clarity in contractual terms,
·     and the potential pitfalls of waiving finance conditions.

Les also offers some real valuable and practical advice on issues such as the role of mortgage brokers, handling finance approval letters, special conditions, disclosure obligations, and the legal standing in estate sales.

00:00 Introduction to WA Property Q&A Podcast
00:46 Meet legal expert Les Buchbinder
02:54 Understanding the REWA offer and acceptance
04:36 Finance clauses and legal obligations
09:17 Finance approval and valuation conditions
17:50 Waiving finance clauses: risks and considerations
24:53 Navigating finance approval complexities
28:52 Conditions on a contract: simplifying terms
31:43 The 'As Is' clause and its implications
35:45 Disclosure obligations for real estate agents
44:00 Legal issues in offer and acceptance
48:58 Concluding thoughts and contact information

Links and Resources:
Rezzi Website: https://rezzi.com.au/
Check out Les Buchbinder's website: Leslie BuchBinder | Perth Law Firm Director | BBV Legal

Subscribe on these channels:
Apple Podcast - https://podcasts.apple.com/us/podcast/the-wa-property-q-a/id1698464149
Spotify - https://open.spotify.com/show/31Nnigbr2rHmUffkEUxRWY
Podchaser: https://www.podchaser.com/podcasts/the-wa-property-qa-5401298

EP28 What Grants Are Available for WA First Home Buyers? - Franca Jankowski and Andy Lo

Peter Fletcher — Tue, 18 Jun 2024 20:00:00 -0400

In this episode of the WA Property Q&A podcast, Peter explores the complex world of property buying in Western Australia, focusing on assistance available to first home buyers. Joined by Franca Jankowski, a leading senior conveyancer, and Andy Lo, a top-tier finance broker, the discussion covers various grants, including
the first home owner grant,
government guarantee scheme,
and stamp duty concessions.

They delve into market challenges such as borrowing capacity limitations, competitive landscapes, and rising property prices. Practical advice is provided for potential buyers on making informed compromises, utilizing schemes like the first home super saver scheme, and navigating bank loans.

Chapters:
00:00 Introduction to WA Property Q&A Podcast
00:47 Meet the Experts: Franca Jankowski and Andy Lo
01:38 Challenges for first home buyers
04:48 Grants and financial assistance for first home buyers
07:12 Government schemes and eligibility criteria
14:16 Super Saver Scheme: pros and cons
18:58 Impact of tax cuts and interest rates on property market
22:39 Eligibility criteria for first-time buyers
23:52 Stamp duty vs. Land tax debate
27:01 Challenges for first-time homeowners
31:58 Improving borrowing capacity
39:48 Risks of cash offers and Pre-approvals
44:35 Final thoughts and contact information

Links and Resources:
Rezzi Website: https://rezzi.com.au/
Aussie Home website: Andy Lo | Mortgage Broker in Victoria Park, WA | Aussie Home Loans

Subscribe on these channels:
Apple Podcast - https://podcasts.apple.com/us/podcast/the-wa-property-q-a/id1698464149
Spotify - https://open.spotify.com/show/31Nnigbr2rHmUffkEUxRWY
Podchaser: https://www.podchaser.com/podcasts/the-wa-property-qa-5401298

EP27 The Role of a Buyer's Agent in Real Estate Transactions with Veronica Morgan

Peter Fletcher — Tue, 04 Jun 2024 20:00:00 -0400

In this episode of the WA Property Q&A podcast, host Peter Fletcher delves into the intricacies of property buying in Western Australia with special guest Veronica Morgan, founder of Good Deeds Buyers Agency in Sydney and host of the 'Elephant in the Room' podcast.
The discussion covers various topics including

·     the importance of local expertise,
·     the pitfalls of off-market listings,
·     and the qualifications and ethical considerations for buyers agents.

Veronica shares her extensive knowledge and experience, offering valuable advice on making informed property decisions, and emphasizes the importance of due diligence and critical thinking in the property market.

00:00 Welcome to WA Property Q&A: Unveiling the Secrets of Property Buying
00:51 Spotlight on Veronica Morgan
02:52 The mission to empower smart property decisions
08:27 Debunking the myths of off-market properties
11:42 The realities of buyer's agents and market misconceptions
16:30 Navigating the regulatory landscape of buyer's agents
22:59 The FOMO effect in property buying
23:11 The problem with FIFO buyers agents
24:39 Expectations vs. Reality: the role of a buyer's agent
25:40 The misleading nature of data-driven property decisions
26:10 Local knowledge vs. data in property investment
28:28 The pitfalls of not understanding local market dynamics
33:38 The importance of physical inspections in property buying
34:51 Understanding buyer's agent fees and services
36:25 Characteristics of a good buyer's agent
41:52 Learning and Growth: The journey of a buyer's agent
44:57 How to connect with Veronica Morgan

Links and Resources:
Rezzi Website: https://rezzi.com.au/
Veronica Morgan Website: https://veronicamorgan.com.au/
Check out Veronica’s book - Auction Ready

Subscribe on these channels:
Apple Podcast - https://podcasts.apple.com/us/podcast/the-wa-property-q-a/id1698464149
Spotify - https://open.spotify.com/show/31Nnigbr2rHmUffkEUxRWY
Podchaser: https://www.podchaser.com/podcasts/the-wa-property-qa-5401298

EP26 How to buy an investment property in Perth with Trevor Dunkley

Peter Fletcher — Wed, 22 May 2024 02:06:52 -0400

In this episode of the WA Property Q&A podcast, we have the pleasure of bringing you one of Australia’s top buyer’s agents Trevor Dunkley. During our hour-long interview we discussed:

·      the intricacies of purchasing investment properties in WA, including market trends,
·      the importance of budget in defining a sound property strategy,
·      and the significance of incorporating professional advice in the buying process.

Trevor shares insights from his extensive experience, emphasizing the fundamental factors influencing property investment decisions such as location, market dynamics, and long-term holding benefits. Furthermore, the podcast covers the critical role of assembling a proficient team comprising brokers, accountants, and financial planners to ensure informed decision-making.

Additionally, Trevor discusses strategies for successfully navigating competitive markets to secure investment properties, highlighting the balance between yield and capital growth, and the potential pitfalls and opportunities within specific regions and property types in Western Australia.

00:00 Show introduction
00:46 Meet the expert.
03:07 The art of buying investment properties in Perth.
03:30 Decoding the awards: what makes a top buyer’s agent?
06:20 Investor insights: navigating the Perth property market
09:54 Strategies for positive cashflow and capital growth
21:57 The importance of budget in property investment
28:11 Decoding the ideal property location
31:00 Exploring investment strategies and budget considerations
35:23 The role of a property investment team
38:00 Insights from a buyer's agent: Experience and strategy
41:24 Navigating the competitive property market
50:02 Closing thoughts and contact information

Links and Resources:
Rezzi Website: https://rezzi.com.au/
Property Wizards website: Home - Property Wizards: Buyers Agents & Property Investment Perth WA

Subscribe on these channels:
Apple Podcast - https://podcasts.apple.com/us/podcast/the-wa-property-q-a/id1698464149
Spotify - https://open.spotify.com/show/31Nnigbr2rHmUffkEUxRWY
Podchaser: https://www.podchaser.com/podcasts/the-wa-property-qa-5401298

EP25 What are the factors that will affect future property values in WA? Tim Lawless

Peter Fletcher — Wed, 15 May 2024 20:20:20 -0400

In this episode of the WA Property Q&A podcast, CoreLogic's executive research director, Tim Lawless joins us in unraveling the recent trends and future predictions of the Western Australian property market. He shared his expert analysis on

·     His perspective on the current 20% growth rate in Perth's housing values,
·     the potential for future growth,
·     investment lending trends
·     the impact of various factors such as the economy, employment rates, migration, and the role of investors.
·     the effect of COVID-19 on the market.

Tim also shared his observations about the factors influencing market dynamics, such as the impact of the mining sector, affordability comparisons with Eastern states, job growth, and migration patterns.

They discuss the affordability gap between Perth and Sydney, the anticipated effects of the WA state budget on economic diversification, and the ongoing challenges in the construction sector. Lawless also addresses the impact of net overseas migration on rental demand and the potential implications of iron ore prices and mortgage arrears on the property market and predictions on interest rates. The conversation encapsulates a broad overview of the dynamics influencing the WA property market, offering listeners valuable insights into its complexities and future prospects.

Chapters:

00:00 Introduction to WA Property Q&A Podcast
00:47 Special guest Tim Lawless: Insights into WA's property market
02:09 Predicting the WA property market - growth and trends
03:16 Comparing past and present: The mining boom vs. now
05:28 The role of supply and demand in property prices
06:25 Addressing the challenges of construction and housing supply
07:25 Economic factors influencing the WA Property market
11:27 Migration's impact on housing and the economy
15:18 Navigating mortgage and lending in a changing market
18:00 Investor activity and its influence on the market
26:29 Closing thoughts and wrap-up

Links and Resources:
Rezzi Website: https://rezzi.com.au/
CoreLogic Website: https://www.corelogic.com.au/

Subscribe on these channels:
Apple Podcast - https://podcasts.apple.com/us/podcast/the-wa-property-q-a/id1698464149
Spotify - https://open.spotify.com/show/31Nnigbr2rHmUffkEUxRWY
Podchaser: https://www.podchaser.com/podcasts/the-wa-property-qa-5401298

EP24 The Importance of a Good Financial Plan With Kora Drage

Peter Fletcher — Wed, 08 May 2024 08:00:00 -0400

In this episode of the WA Property Q&A podcast, Peter has an in-depth interview with Kora Drage, a financial advisor from Visia Financial Services. They dive into the nuances of buying property in Western Australia, exploring some important topics that are often ignored or neglected, including

·     the importance of having a financial plan,
·     differences in generational financial strategies,
·     the advantages of adopting a financial plan early
·     the role of property in personal finance,
·     specific strategies young and first-time buyers can leverage
·     and various government schemes like the First Home Super Saver Scheme to assist first-time homebuyers.

In addition, the discussion also covered the significance of diversification in investments, advantages and potential risks associated with investment in property compared to share portfolios, and the impact of life circumstances on financial planning.

Links and Resources:
·     First home super saver scheme
·     Kora Drage on LinkedIn
·     Visia Financial Services
·     Rezzi
·     Peter Fletcher on LinkedIn

Subscribe on these channels:
·     Apple Podcasts
·     Spotify
·     Podchaser

EP23 The mindset of multi-million dollar home buyers – Peter Robertson

Peter Fletcher — Wed, 27 Mar 2024 08:00:00 -0400

In this episode, real estate expert Peter Robertson from William Porteus International joins us to discuss his high-end property sales, averaging $3 million per property. Peter emphasizes customer-centricity serving high net worth individuals and international buyers seeking exclusive properties in Western Australia. His deep knowledge of top-end properties around Perth, built through years of dedicated service, is evident in his discussion of multimillion-dollar residences in prime locations.

Peter delves into the importance of trust and long-term relationships in his real estate career, showcasing his excellence in facilitating high-value properties reaching $15 to $25 million. He highlights some key things including:
the significance of privacy and discretion for clients in the upper end of the market,
emphasizing integrity and client-centric practices.
The importance of value over cost in real estate transactions,
advocating for skilled negotiation and client-focused strategies for optimal outcomes.

Links and Resources:

Rezzi
William Porteus International
Peter Robertson on LinkedIn
Subscribe on these channels: Apple Podcast - https://podcasts.apple.com/us/podcast/the-wa-property-q-a/id1698464149
Spotify - https://open.spotify.com/show/31Nnigbr2rHmUffkEUxRWY Podchaser: https://www.podchaser.com/podcasts/the-wa-property-qa-5401298

EP22 What makes a home comfortable with – Sid Thoo

Peter Fletcher — Wed, 20 Mar 2024 08:00:00 -0400

This week’s episode we chat with award winning architect, educator, and consultant, Sid Thoo.

If you are on the hunt for the next property that is eco-effective, sustainable but within the budget, then be sure to listen to the whole episode. The discussion covers topics such as
• what makes a home flow
• how to make an older home more sustainable,
• the importance of insulating more than just the roof space,
• why sealing gaps is an important piece of the puzzle,
• the ROI of solar panels, and
• the importance of good design in creating a comfortable home.

Sid also shares insights on the importance of conscious design in building better homes.

Links and Resources:

Rezzi - https://rezzi.com.au/
Sid Thoo - https://www.linkedin.com/in/sidthoo/
Sid Thoo website - https://sidthoo.com/
Liveble housing in Australia - https://livablehousingaustralia.org.au/
Liveable and adaptable homes - https://www.yourhome.gov.au/live-adapt/liveable-adaptable-home

Subscribe on these channels: Apple Podcast - https://podcasts.apple.com/us/podcast/the-wa-property-q-a/id1698464149
Spotify - https://open.spotify.com/show/31Nnigbr2rHmUffkEUxRWY Podchaser: https://www.podchaser.com/podcasts/the-wa-property-qa-5401298

EP21 Navigating the challenges and benefits of buying a strata title property with Nikki D’Agostino

Peter Fletcher — Tue, 12 Mar 2024 19:37:00 -0400

In this episode of the WA Property Q&A Podcast, we are joined by Nikki D'Agostino, consultant at The Efficiency Co, a Licensed Real Estate & Business Agent with over two decades in the industry.

Nikki share valuable insights into the nuances of buying strata property including:
• understanding the Pre-Contractual Disclosure Statement,
• the significance of Annual General Meeting (AGM) minutes,
• potential risks of off-the-plan purchases,
• and the importance of 10-year maintenance plans.

Links and Resources:

Rezzi Website: https://rezzi.com.au/ Subscribe on these channels: Apple Podcast - https://podcasts.apple.com/us/podcast/the-wa-property-q-a/id1698464149
Spotify - https://open.spotify.com/show/31Nnigbr2rHmUffkEUxRWY Podchaser: https://www.podchaser.com/podcasts/the-wa-property-qa-5401298

Where to Find Nikki:
Instagram: @nikkildagostino
LinkedIn: https://www.linkedin.com/in/nikkidagostino/

OUR PODCAST SOCIAL MEDIA HANDLES:
@peterfletcher on FB, Li, X and Insta
@rezziau on FB, Insta and Li

EP20 Unlocking Subiaco's Property Market with Clare Nation

Peter Fletcher — Tue, 20 Feb 2024 21:29:20 -0500

Dive into the heart of Western Australia's property scene by exploring Subiaco, a gem that caters to families and young professionals alike. Recognized by Place Score's 2023 Australian Liveability Census as a premier destination, Subiaco's allure is undeniable. Join us on WA Property Q&A as Clare Nation from The Property Exchange sheds light on what makes Subiaco a must-see location.

**Key Topics:**

1. Subiaco's unique property market charms.
2. The draw of finished properties for strong market demand.
3. Insights into Western Australia's buyer demographics.
4. Seller strategies for property enhancement.
5. Lifestyle and amenities' impact on purchasing decisions.
6. Tips for swift property sales and value boosts.
7. Buyer strategies in a competitive market.

**Chapters:**

- Introduction to WA Property Q&A
- The evolution of The Property Exchange
- Future visions for The Property Exchange
- Analyzing Subiaco's market and demographics
- Understanding diverse buyer profiles in Subiaco
- The lifestyle and amenities of Subiaco
- Subiaco's safety, crime rates, and livability
- Trends and demands in the property market
- The importance of accurate pricing and avoiding speculation
- Upholding professionalism and integrity in real estate
- The appeal of move-in-ready properties
- The role of personal connection in negotiations
- The concept of a "no regrets" price for buyers
- Taking a long-term view on property investments
- Connecting with Clare Nation

**Links and Resources:**

Visit Rezzi's Website and follow us on Apple Podcast, Spotify, and Podchaser for more insights into the WA property market.

EP19 The Importance of Estate Planning – with Joel Starke

Peter Fletcher — Wed, 14 Feb 2024 07:00:00 -0500

Death in the family is a difficult time for every member, but the loss of a loved one is often times aggravated because of disputes on who takes what of the estate that was left behind.

In this episode of WA Property Q&A, estate planning expert, Joel Starke joins us to discuss the ins and outs of wills and estate planning. Joel also shares insights on dealing with complex estates and the importance of proper planning.

Be sure to listen to the full episode to learn more about:

The importance of wills and why every property owner should have one
Understand family laws that govern estates
How to properly structure your trusts
The three people you need to talk when preparing your estate structure
What you need to know about superannuation
Your rights as a surviving family member
And more…

Chapters:

00:01 Introduction to the WA Property Q&A Podcast
00:48 Who is Joel Starke?
01:33 Understanding the importance of wills in property ownership
02:49 Exploring the concept of joint tenancy in property.
04:21 The role of trusts in property ownership
08:44 The role of executors in estate planning
11:21 Importance of accounting and financial planning advice
12:39 Intricacies of superannuation in estate planning
15:35 The impact of family dynamics on estate planning
34:43 The risks of not having a properly drafted will
39:23 Understanding testamentary trusts
44:28 Conclusion: the importance of proper estate planning
45:48 Podcast wrap-up

Links and Resources:

Rezzi: https://rezzi.com.au/
Joel Starke Legal: https://www.jstarkelegal.com.au/
Joel Starke on LinkedIn: linkedin.com/in/joel-starke-a5342415a
Subscribe on these channels:
Apple Podcast - https://podcasts.apple.com/us/podcast/the-wa-property-q-a/id1698464149
Spotify - https://open.spotify.com/show/31Nnigbr2rHmUffkEUxRWY Podchaser: https://www.podchaser.com/podcasts/the-wa-property-qa-5401298

EP18 Verification of Identity: Best Practice for Real Estate Agents.

Peter Fletcher — Thu, 18 Jan 2024 20:56:03 -0500

In this episode of the WA Property Q&A Podcast, Peter is joined by Ches Rafferty, owner of Scantek, an expert in identity verification technology.

Peter and Ches unpack the lessons from a recent near miss where a property scammer almost sold a property without the owner's knowledge. They take a deep dive into the obligations of real estate agents to help prevent property frauds and they look at the ways the state government and industry stakeholders could do more to prevent future property frauds.

Listen to the full episode to learn more about
The full story of the fraud attempt and how it was discovered
What role do real estate agents play in preventing fraud
Understanding the telltale signs of fraudulent transaction
The importance of doing your due diligence
Why human led identify verification is vulnerable to “bias”
How technology can play a pivotal role in a more effective identity verification
And more…

Chapters:
00:01 Introduction and disclaimer
00:48 Special Episode introduction: property fraud
01:36 Narrating a real-life property fraud incident
06:29 Unpacking the incident: The role of conveyancers
06:52 The importance of verification of identity
07:31 The role of real estate agents in preventing fraud
07:57 The concept of 'reasonable steps' in verification
14:59 Limitations of current verification methods
21:24 Risks of emailing identity documents
23:50 The importance of online solutions for real estate agents
24:40 Understanding back to source checks
28:35 Biometrics in identity verification
29:02 Human factor in identity recognition
31:45 The role of location in identity verification
43:57 The need for improved protection for property owners
44:47 Conclusion: The value of asking one more question

Additional resources mentioned in this episode:

Leanne Phoebe from Cockburn Central Property Settlements
REIWA
Landgate
Scantek
Leanne’s Story
MPR Guidance note

Visit our website: https://rezzi.com.au/ Subscribe on these channels:
Apple Podcast: https://podcasts.apple.com/us/podcast/the-wa-property-q-a/id1698464149
Spotify: https://open.spotify.com/show/31Nnigbr2rHmUffkEUxRWY
Podchaser: https://www.podchaser.com/podcasts/the-wa-property-qa-5401298

EP17 Unveiling Ellenbrook: Exploring Investment Potential in WA’s Rising Property Market with Prash Nayar

Peter Fletcher — Wed, 10 Jan 2024 08:00:00 -0500

In this episode of the WA Property Q&A Podcast, Prash Nayar from Real Estate Tribune joins us as we uncover the investment opportunities within Ellenbrook.

We explore the suburb’s growth potential, fueled by its strategic location near major freeways and the upcoming 2024 train line. Discover how Sikh and Hindu temples are shaping the area and influencing property trends. We also delve into the appeal of multi-generational homes and homes near the golf course that draw interstate investors.
This and more valuable topics await you in this episode including:

·    What makes Ellenbrook appealing to investors
·    High yields and investment opportunities in Ellenbrook
·    Realistic market values and price expectations
·    Different parts and features of Ellenbrook
·    The Promenade: Central hub for convenience in Ellenbrook
·    A quick look at Caversham and Brabham
·    And more…

Chapters:
0:00:01 Welcome to the WA Property Q&A, your property guide
0:00:49 Introducing Prash Nayar and his experience in the property industry
0:03:02 The appeal of Ellenbrook: proximity to the city and cultural amenities
0:04:59 Exploring the perception vs. reality of Ellenbrook's appeal
0:07:01 Multi-generational homes and larger block sizes in Ellenbrook
0:09:02 High yields and investment opportunities in Ellenbrook properties.
0:11:07 Solving a key problem leads to high rental applications
0:13:32 Proximity to the city and comparisons to Sydney and Melbourne
0:16:23 Mash Brewery and its distance from Ellenbrook
0:20:28 Potential increase in property prices in Ellenbrook
0:27:13 Benefits of living in Caversham and Brabham
0:30:14 Fire zones
0:34:18 Road works and access in Ellenbrook
0:42:06 Wrapping up another episode with valuable property insights

Visit our website: https://rezzi.com.au/
Subscribe on these channels: Apple Podcast - https://podcasts.apple.com/us/podcast/the-wa-property-q-a/id1698464149 Spotify - https://open.spotify.com/show/31Nnigbr2rHmUffkEUxRWY Podchaser: https://www.podchaser.com/podcasts/the-wa-property-qa-5401298

EP16 How’s The Market in Belmont: Navigating Markets, Strategies, and Growth – Michael Keil

Peter Fletcher — Wed, 03 Jan 2024 08:00:00 -0500

In this episode, we dive into the inner-city Belmont market with seasoned industry leader, Michael Keil. Michael shares his wealth of experience, drawing parallels between his successful real estate career and his past as a footballer, emphasizing the critical role of client responsiveness and customer service.

Michael delves into the importance of having pre-approval for financing to enhance the likelihood of a successful property purchase, all while addressing the significant impact of government policies on the housing market.

From sales strategies to market trends and the impact of external factors on property values, this episode covers it all.

Whether you’re a buyer, seller, or investor, this conversation is packed with essential advice and expert perspectives. Don’t miss out on this opportunity to level up your real estate game!

EP15 The Future of PropTech with Charlie Gunningham

Peter Fletcher — Wed, 27 Dec 2023 09:00:00 -0500

In the latest episode of WA Property Q&A, Peter chats with Charlie Cunningham, the visionary co-founder of AussieHome.com.

EP14 Valuing Properties in a Hot Market with Perth Valuer - Ben Archibald

Peter Fletcher — Wed, 20 Dec 2023 08:00:00 -0500

In this episode of WA Property Q&A, I am joined by Preston Rowe Patterson’s Senior Valuer, Ben Archibald. In this 50 minute conversation Ben shared with us his insights on the different aspects that affect a property’s valuation and the complexities of determining accurate property valuations in the current volatile market.

The conversation extends to the significance of separate living areas, ceiling heights, and functional floor plans in determining a property's value. We also talked about the importance of getting good advice when buying or renovating a property and the value of receiving independent advice and what considerations should you have as a property buyer before making an offer.

There is just so much to talk about but so little time, so be sure to listen to the full episode for other topics we’ve covered including:

·    Best places to invest for potential growth and affordability
·    Furnishing rental properties and capitalizing on opportunities in order to outperform average returns
·    Factors like property type, size, and potential for value-add instead of trying to predict which suburbs will appreciate in value.
·    Livability index and identifying which suburbs are the most livable
·    Criteria for livability - factors such as safe streets, dining options, proximity to transportation, and natural resources.
·    Why character homes are selling better.
·    And more…

Visit our website: https://rezzi.com.au/
Subscribe on these channels:
Apple Podcast - https://podcasts.apple.com/us/podcast/the-wa-property-q-a/id1698464149
Spotify - https://open.spotify.com/show/31Nnigbr2rHmUffkEUxRWY
Podchaser: https://www.podchaser.com/podcasts/the-wa-property-qa-5401298

EP13 Buying Sustainable Homes – A Conversation with Chiara Pacifici

Peter Fletcher — Wed, 06 Dec 2023 07:00:00 -0500

In this episode I talk with one of the founders of Green Gurus Chiara Pacifici. Chiara is a senior sustainability consultant and principal of Community West Real Estate. Regarded as one of the rising stars in the real estate industry, Chiara is an advocate for sustainability and green buildings.

We discuss the growing importance of sustainability and energy efficiency and explore design principles for cost-effective and comfortable homes, the significance of solar panels, and the role of real estate agents in promoting energy efficiency.

We also touch on energy efficiency standards, the need for disclosure statements, and the education efforts of REIWA and Green Gurus. There’s so much more to learn in this episode including:

·     Key components to make your property more comfortable
·     Why insulation is a top priority
·     The benefit of solar panels
·     Energy efficiency ratings
·     How to use a property’s energy efficiency as a selling point
·     Livability framework – 17 features you need to know
·     And more…

Chapters:

0:00:46 Introduction
0:08:41 Importance of orientation and placement of glazing
0:10:03 Solar passive design principles
0:12:56 The importance of insulation
0:20:42 The payback period for solar panels
0:25:01 The importance of landscaping in passive solar design
0:26:58 The Green Gurus sustainable homes checklist
0:29:13 The importance of energy efficiency in property sales
0:36:35 Ways to improve a home’s energy efficiency
0:39:37 The possibility of mandatory energy efficiency disclosure
0:41:47 Who should pay for an energy efficiency report
0:44:30 REWA's efforts in educating real estate agents

EP12 Mastering Authenticity and Communication in Real Estate with Natalie Hoye

Peter Fletcher — Wed, 29 Nov 2023 08:00:00 -0500

Success in the real estate industry as an agent is not all about how many properties you sell. It’s not even how much you make, at least for some. In today’s episode of the WA Property Q&A podcast, we are joined by one of Perth’s multi award winning real estate agents who has built an enviable reputation of doing things “differently.”

Natalie Hoye is the Director at Red Fox Property Group. Nat calls what she does as real estate alchemy. It’s an exciting conversation that will give you a glimpse of Natalie’s style of “sales” that’s not sales at all: it’s much more consultation based on deep listening and being present for her clients.

We’ve covered some familiar topics but also some that you wouldn’t expect from a real estate. Nat is a true gem and her insights are deep.

Topics we cover include:

·     Key elements of a livable suburb
·     Being smart about renovations – cosmetic vs. structural changes
·     How to deal with an unpredictable market
·     The power of authenticity and connection
·     Helping buyers get their name on a title. It’s the simple things that make a big difference.
·     Why it’s not about commission but connection

Chapters:

0:00:01 Introduction to WA Property Q&A Podcast
0:00:49 Introduction to Natalie Hoy and Red Fox
0:04:30 Top four suburbs: Mount Lawley, Inglewood, Bedford, Bayswater
0:06:27 Social precincts and amenities in livable suburbs
0:08:37 Access and walkability vs. traffic Congestion
0:11:58 High demand school zones
0:14:00 Increasing prices and demand in the inner city market
0:16:10 Decreased appetite for renovating properties
0:17:19 The shift in expectations: COVID and societal changes
0:21:26 Multiple offers and the surprising market response
0:25:01 Sellers’ emotional connection and the importance of letting go
0:31:55 Being of service and avoiding commission breath
0:37:10 Negotiating a revised offer with sellers
0:39:45 Sellers accepting lower offers for certainty
0:40:54 Wrap up

EP11 Financial Strategies for Your Property Investments in WA with Ryan Tripi

Peter Fletcher — Wed, 22 Nov 2023 07:00:00 -0500

And in today’s episode, we’ve invited back to the show, Ryan Tripi from Westminster National Finance Brokers to answer some of the most common questions about financing property investments.

We discuss the impact of increasing interest rates on the WA property market and look at the strategies available to investors to shield themselves from future rate changes.

The state of interest rates and Ryan’s personal outlook
Should you choose fixed rates over variable rate for your mortgage
The fixed rate cliff: impact on mortgage holders and the property market
Mitigating financial pain and last resort options
Innovation in finance – trends and digital revolution

Chapters

0:00:00 Welcome to the WA Property Q&A
0:01:44 Interest rates: peaking or potential rate cuts?
0:03:21 Fixed rate vs. variable rate mortgages
0:04:42 The average mortgage size and market struggles for first-time buyers
0:07:11 Market outlook: limited supply, construction sector pressures, and potential solutions
0:11:28 Mitigating Financial Pain and Controlling Expenditure
0:12:47 Downsizing as a Last Resort
0:19:46 The Benefits of Offset Accounts and Redraw Facilities
0:21:32 Choosing the Right Entity for Property Ownership
0:24:26 Trends in Finance: Efficiency and Digital Revolution
0:30:27 Market insights

Visit our website: https://rezzi.com.au/
Subscribe on these channels:
Apple Podcast - https://podcasts.apple.com/us/podcast/the-wa-property-q-a/id1698464149
Spotify - https://open.spotify.com/show/31Nnigbr2rHmUffkEUxRWY
Podchaser: https://www.podchaser.com/podcasts/the-wa-property-qa-5401298

EP10 Everything You Need to Know About Preparing a REIWA Contract with Franca Jankowski

Peter Fletcher — Wed, 15 Nov 2023 07:00:00 -0500

In today’s episode of WA Property Q&A Podcast, we are joined by senior licensed conveyancer Franca Jankowski. Franca is not only experienced in the Australian market but has also gained experience in the US property conveyancing or escrow as it’s known there.

Franca has settled well over 5,000 property transactions in Western Australia so she seen the good, the bad and the ugly of conveyancing.

In this episode we discuss:

The importance of getting your name right on the contract
Why you MUST read your contract and seek the appropriate professional advice before proceeding
Understand the scope and limitations of seller warranties. They aren’t the escape clause many people think they are.
What to do if your name isn’t noted correctly on the contract
What you need to know about “No Cooling off Period” in WA property
And more…

Chapters

0:00:00 Introduction to WA Property Q&A
0:03:11 Pros and cons (hint: there aren’t many) of the Torrens title system
0:06:03 The significance of getting your name right on the contract
0:08:18 Handling name changes in property transactions
0:09:58 Importance of clarifying names
0:20:09 Title descriptions for transactions where titles are yet to issue
0:22:08 Importance of simple and clear finance clauses
0:26:40 Understanding the scope of structural inspections
0:29:51 Realistic expectations for property maintenance and inspections
0:33:58 The importance of clear contract conditions
0:36:27 No Cooling Off Period in WA, Conditions are Essential

Visit our website: https://rezzi.com.au/
Subscribe on these channels:
Apple Podcast - https://podcasts.apple.com/us/podcast/the-wa-property-q-a/id1698464149
Spotify - https://open.spotify.com/show/31Nnigbr2rHmUffkEUxRWY
Podchaser: https://www.podchaser.com/podcasts/the-wa-property-qa-5401298

EP9 What’s Happening In the Western Suburbs Market With Jamie Harrington.

Peter Fletcher — Wed, 08 Nov 2023 07:00:00 -0500

In this WA Property Q&A podcast episode, we chat with Jamie Harrington, the Principal of Hub Residential. He talks about the high demand for apartments in the Western suburbs, which is driving up prices. When asked about the market's status, Jamie gives a positive outlook, stating that the Western suburbs property market is strong and not showing signs of decline. However, this also makes negotiations tough. In summary, the market has recovered after lockdown and presents opportunities for significant value growth. It remains relatively affordable compared to Sydney and Melbourne.

Make sure you catch the entire episode for insights on:
• Jamie's positive market outlook
• Shifting apartment demands
• Decreased interest in land and fixer-upper properties
• The wisdom of land banking as an investment
• Soaring property values after COVID
• The challenges of property FOMO and making offers
• The future of real estate in the Western Suburbs
Chapters
0:00:00 Introduction
0:01:31 Demand and Market Trends in the Western Suburbs
0:03:17 Rising Popularity of Apartments in the Western Suburbs
0:05:15 Shift from Investor to Owner Occupier Market
0:07:42 Land and Properties Needing Work in Less Demand
0:09:33 The Value of Land Banking and Development Opportunities
0:11:04 Knock Over and Redevelop for Better Product
0:13:16 Rapid Increase in Property Value Post-COVID
0:15:06 Challenges of Making Offers in a Competitive Market
0:17:36 Uncertainty and Market Resilience During COVID
0:22:10 The Importance of Price Guides in Real Estate
0:24:31 Putting Time Limits on Offers and Seller's Decision-Making
0:28:12 The Buyers and Sellers' Access to Market Data
0:30:42 The Future of the Real Estate Market in Western Suburbs
0:32:40 Positive Outlook for the Economy and Real Estate Market
0:34:03 Closing Remarks and Advice for Property Buyers in Western Australia

Visit our website: https://rezzi.com.au/
Subscribe on these channels:
Apple Podcast - https://podcasts.apple.com/us/podcast/the-wa-property-q-a/id1698464149
Spotify - https://open.spotify.com/show/31Nnigbr2rHmUffkEUxRWY
Podchaser: https://www.podchaser.com/podcasts/the-wa-property-qa-5401298

EP8 Title Defects: How to Avoid Unforeseen Costs & Conflicts When Buying a Property

Peter Fletcher — Wed, 01 Nov 2023 01:15:12 -0400

Your property is only as good as the title you hold. But in many cases, your land title is not at as good as what you thought it is because of defects. Title defects involve the ownership and regulations surrounding the land, including laws, zoning, and neighboring property interests.

In this episode of the WA Property Q&A podcast, we are joined by Paul Watkins, the Lead Legal Counsel for Stuart Title Australia to discuss the different title defect scenarios that you need to keep an eye on.

We discussed the importance of understanding title defects when buying property in Western Australia (WA).
Different types of title defects
Why you need title insurance
The importance of seeking professional advice and undertaking due diligence checks when buying property in WA

While many buyers focus on building defects, title defects can cause significant issues.

In WA, it is common for buyers to discover title defects after purchasing a property, which can lead to conflicts. One significant type of title defect is boundary defects, where the fence of a property does not align with the legal boundary, encroaching on neighboring properties or reducing the land owned by the buyer. These boundary disputes can lead to adverse possession claims, where neighbors may claim ownership of the encroached land if the fence has been in place for a long time.

Overall, this episode provides valuable insights into the nuances of buying property in WA and the importance of understanding and addressing title defects.

Chapters
0:03:41 Title Defects: Boundary Issues and Adverse Possession
0:09:38 Title Defects: Minimum Lot Size and Building Restrictions
0:12:05 Fences, adverse possession, and compensation approach.
0:14:03 Unregistered easements and liability in subdivisions.
0:22:11 Unauthorized Structures and Council Compliance
0:32:48 The Hidden Risk of Special Levies in Property Sales
0:35:24 Unforeseen Issues in Property Buying: Title Defects and More

Follow us on Facebook and Instagram for more updates and information about the WA property market. Thank you for listening and we’ll see you next time.

Visit our website: https://rezzi.com.au/
Subscribe on these channels:
Apple Podcast - https://podcasts.apple.com/us/podcast/the-wa-property-q-a/id1698464149
Spotify - https://open.spotify.com/show/31Nnigbr2rHmUffkEUxRWY
Podchaser: https://www.podchaser.com/podcasts/the-wa-property-qa-5401298

EP7 Buying A Sustainable Home with David Mynott

Peter Fletcher — Wed, 25 Oct 2023 08:00:00 -0400

In this episode of the WA Property Q&A podcast, Peter is joined by sustainable home builder David Mynott to discuss the benefits of sustainable homes and what to consider when buying one in Western Australia.

Key points in this discussion:

Is it worth investing in a sustainable home?
the challenges of convincing people to invest in sustainable home upgrades
proper insulation and ventilation in homes, to prevent heat loss and improve efficiency
common misconceptions about timber framed homes
the importance of proper orientation and window placement in home design to maximize natural light and energy efficiency
should real estate agents advertise energy ratings of homes they are selling?

Chapters
0:00:00 Introduction to WA Property Q&A Podcast
0:02:13 Factors to Consider in a Sustainable Home
0:10:09 Renovations for Energy Efficiency and Future Generations
0:12:32 Comfort and Cost Savings in Sustainable Homes
0:19:34 Timber Frame Homes in the 50s: Cold and Inefficient
0:23:03 Addressing Misconceptions: Timber Frame Homes vs Double Brick Homes
0:29:06 The Impact of Roofing Materials on Room Temperature
0:33:29 The Importance of Energy Efficiency in Home Buying Decision
0:38:31 Resale Value and Differentiation in Sustainable Home Design
0:40:44 Real Estate Agents and the Future of Energy Ratings

Follow us on Facebook and Instagram for more updates and information about the WA property market. Thank you for listening and we’ll see you next time.

Visit our website: https://rezzi.com.au/
Subscribe on these channels:
Apple Podcast - https://podcasts.apple.com/us/podcast/the-wa-property-q-a/id1698464149
Spotify - https://open.spotify.com/show/31Nnigbr2rHmUffkEUxRWY
Podchaser: https://www.podchaser.com/podcasts/the-wa-property-qa-5401298

EP6 How the Lack of Rental Stock is Shaping the Victoria Park Property Market

Peter Fletcher — Wed, 18 Oct 2023 08:00:00 -0400

Despite the continuous rise in interest rates, there are more people looking for accommodation than there are available dwellings. This shortage has led to a sense of panic among buyers and tenants alike, resulting in multiple offers and prices going up.

In this episode, I spoke with Derek Baston who shared his insights and predicts that this trend will continue for the foreseeable future, as the supply of new apartments remains limited. As an expert in the field, Derek's insights offer valuable perspective for property investors in Victoria Park, helping them navigate the unique challenges of the current market.

In this episode we discussed about:

the current state of the market that highlights the scarcity of properties and the fear of missing out on opportunities. Despite rising interest rates, there is a high demand for accommodation in Western Australia, leading to a rising market and increasing property prices.
the consistent drop in housing stock levels since December, creating a situation where there are more buyers than available properties.
increase in demand for apartments.
the differences in the apartment market.
The pros and cons of No-Price marketing strategy
Unethical practices by some agents who rely on market trends to determine house prices,

Follow us on Facebook and Instagram for more updates and information about the WA property market. Thank you for listening and we’ll see you next time.

Visit our website: https://rezzi.com.au/
Subscribe on these channels:
Apple Podcast - https://podcasts.apple.com/us/podcast/the-wa-property-q-a/id1698464149
Spotify - https://open.spotify.com/show/31Nnigbr2rHmUffkEUxRWY
Podchaser: https://www.podchaser.com/podcasts/the-wa-property-qa-5401298

EP5 How New Rental Laws Could Shake Up the WA Market: A Chat with Susan Brown

Peter Fletcher — Wed, 11 Oct 2023 01:54:05 -0400

Suzanne is the founder and principal of Rentwest Solutions, one of WA’s largest and most well-respected property management firms. Suzanne is an innovator, introducing the four day work week into her business. She is also a passionate advocate for landlords’ rights and has been vocal about the impact of proposed tenancy legislation on the WA property market.

In this episode, we cover:
The impact of proposed tenancy legislation on the WA property market. Suzanne explains how the proposed changes will affect landlords, tenants, and property managers. She shares her concerns about the potential increase in vacancy rates, rent arrears, and disputes.

Why retaining no grounds tenancy termination is so important. Suzanne argues that no grounds tenancy termination is a vital tool for landlords to manage their properties effectively and efficiently. She gives examples of situations where no grounds termination is necessary, such as selling the property, renovating the property, or moving back into the property.

The problem with allowing tenants to make minor modifications. Suzanne expresses her concerns about allowing tenants to make minor modifications without the landlord’s consent. She explains how minor modifications can cause major damage, reduce the value of the property, and create safety hazards. She also highlights the difficulties of defining what constitutes a minor modification and enforcing compliance with relevant legislation.

What tenants look for a rental property. Suzanne shares her insights into what tenants look for when choosing a rental property. She reveals the top factors that influence tenants’ decisions, such as location, price, condition, amenities, and security. She also gives some tips on how landlords can make their properties more attractive and appealing to prospective tenants.

Rent bidding and how it will be dealt with under proposed legislation. She discusses how the proposed legislation will prohibit rent bidding and impose penalties for landlords and agents who engage in or facilitate rent bidding and how these new laws will be difficult to police.

We hope you enjoyed this episode of The WA Property Q&A. If you have any questions or feedback, please feel free to contact us rezzi.com.au/contact. You can also follow us on Facebook and Instagram for more updates and information about the WA property market. Thank you for listening and we’ll see you next time.

EP4 Understanding Building Inspections and Defects with Jason Cotton

Peter Fletcher — Tue, 03 Oct 2023 18:40:28 -0400

In this episode of "WA Property Q&A" we dive into the intricacies of building inspections and defects with special guest building inspector Jason Cotton from Select Property Inspections.

Key topics discussed in this episode:

how tie-down straps are treated within the context of a structural inspection.
the core responsibilities of a building inspector, the expectations that clients should have when hiring a professional for a building inspection, highlighting the importance of identifying safety, maintenance and structural defects.
valuable insights into how inspectors deal with confined spaces in ceilings and how they affect what ends up in a building inspection report.
different categories of building defects and the criteria that determine whether a defect qualifies as a major structural defect, a crucial distinction in real estate transactions.
Identifying defects, whether they are non-structural or maintenance-related
an unpopular alternative to the REIWA Major Structural Defects clause

Who is Jason Cotton?

Jason Cotton, originally from Castlemaine, Victoria, is a Registered Building Surveyor and the founder of Select Property Inspections. He specializes in pre-purchase property inspections across the Greater Perth metro area, with an impressive portfolio of over 7000 completed building inspections. In addition to his building surveyor credentials, Jason holds a restricted Electrical Workers License and a Cert 4 in Mechanical Engineering - Maintenance, showcasing his diverse expertise in property assessment and maintenance. Beyond his professional life, Jason is an avid cricket fan.

EP3 Cash Offers in Real Estate: Risk and Reward

Peter Fletcher — Tue, 26 Sep 2023 23:08:47 -0400

In this episode, we explore the topic of cash offers in real estate and the risks involved.

Key Points Discussed:

1.    The role of risk in making cash offers: While some buyers may be willing to take the risk and put down a cash offer, it is crucial to consider their financial situation before proceeding.
2.    Securing properties in a competitive market: With multiple offers being submitted simultaneously, it can be challenging to make your offer stand out.
3.    The unknown factor: Making a cash offer involves accepting the unknowns associated with the property.
4.    Pre-approval terms and conditions: Banks typically have specific terms and conditions for pre-approvals, including loan devaluation ratios.

Please note that these show notes are a summary of the interview transcript and should not be considered financial advice. To listen to the full episode and gain more insights, we encourage you to tune in to our podcast.

EP2 The Ultimate Guide to Proactive Property Inspection: Essential Tips for Informed Buyers - Jason Cotton

Peter Fletcher — Wed, 13 Sep 2023 01:20:00 -0400

A lack of pre-purchase due diligence is a recipe for unwanted surprises. In this episode, Jason and I look at the importance of checking a property for maintenance defects BEFORE making an offer.
In this episode:
Common non-structural building defects that aren’t covered by the REIWA Major Structural Defects clause.
Damp related building defects. No, they’re not usually structural defects.
The impact of maintenance defects on property values.
Tools and techniques for identifying common building defects that a layperson can use.
How knowing the defects up front will empower you to make a decision.

About Jason Cotton

Jason Cotton has over 12 years of experience as a property inspector in WA. Jason is the founder and principal of Select Property Inspections and has completed over 7000 property inspections. He is a certified Building Surveyor.

The key moments in this episode are:
00:00:01 - Introduction
00:02:48 - Non Structural Defects
00:04:49 - Major Structural Defects
00:07:01 - Exclusions to Major Structural Defects
00:10:30 - Non-Structural Damp Issues
00:15:31 - Signs of Gutter Problems
00:16:55 - Importance of Knowing About Leaking Gutters
00:17:19 - Non-Structural Decorative Finishes
00:18:58 - General Maintenance and Fretting Mortar
00:23:38 - Ceilings as Maintenance and Safety Concerns
00:29:46 - Importance of Building Inspectors
00:30:56 - Understanding Moisture Meters
00:32:53 - Testing for Moisture in Showers
00:35:37 - The Role of power point (GPO) testing devices
00:38:25 - Limitations of Building Inspections

EP1 Is Chemical Delignification A Major Structural Defect? A Conversation With Property Inspector Jason Cotton

Peter Fletcher — Wed, 13 Sep 2023 01:15:45 -0400

In this week’s episode I talk to Jason Cotton from Select Property Inspections about major structural defects and we discuss chemical delignification, which is present in thousands of homes across Perth.

We discuss the causes of chemical delignification, how it can be avoided and how it’s treated in the context of the REIWA Major Structural Defects annexure.
Jason and I also discuss structural defects and common maintenance defects that aren’t considered structural.

About Jason Cotton

Jason Cotton has over 12 years of experience as a property inspector in WA. Jason is the founder and principal of Select Property Inspections and has completed over 7000 property inspections. He is a certified Building Surveyor.

The key moments in this episode are:
00:00:01 - Introduction
00:01:03 – Jason’s background
00:02:12 – What is chemical delignification?
00:04:27 – How to identify chemical delignification
00:09:41 - The impact of chemical delignification on roof batons
00:15:20 - Roof coverings vs. structural elements
00:17:19 – What is a Major Structural Defect?
00:21:43 - Chemical delignification as a Material Defect
00:23:45 - Ceilings and other safety defects

Welcome to WA Property Q&A

Peter Fletcher — Wed, 19 Jul 2023 10:11:00 -0400

Welcome to the WA Property Q&A. We are delighted to bring to you some valuable insights into the Western Australia Property market. We understand the different challenges faced by first time home owners and property investors, that's why we bring leading experts in the industry to chime in on different topics.

We post new episodes every week, so be sure to subscribe on Apple Podcast, Google Podcast or any of your favorite podcast players.

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