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What if your "For Sale" sign could tell a whole story? Join us in this hilarious and enlightening episode where we pull back the curtain on the world of real estate signage, featuring our special guest, Cleo. You'll hear about the astonishing evolution of these everyday boards, the hefty price tags they carry, and the cheeky "signage warfare" that erupts between competing agents. From stealing directionals to slyly swapping signs, this episode exposes the antics and high-stakes drama you never knew existed in real estate.
Cleo shares some jaw-dropping anecdotes, including a memorable tale of an $8 million property whose oversized signboards sparked a surprising council complaint. You'll also get a front-row seat to the absurd battles over signboard sizes and the stringent regulations that govern them. Whether you're in the real estate business or just someone who loves a good behind-the-scenes story, this episode is packed with insights and laughs that you won't want to miss. Get ready for a unique and entertaining exploration into the quirky world of real estate signage! -
Have you ever felt a knot in your stomach at the thought of sharing your life or business on social media? You're not alone, and today's episode is here to help you navigate these unnerving waters. We share personal anecdotes that capture the initial awkwardness and discomfort of going live, reminding you that consistency is key to overcoming these challenges. With humorous skits and real-life examples, we reveal the tangible benefits of building a robust personal and business brand online. Tune in to find out how to turn your apprehensions into opportunities for growth and visibility.
But it doesn’t stop there. I make a bold commitment to step out of my comfort zone and go live on Instagram to showcase a property today, nerves and all. Emphasizing that execution trumps perfection, I pledge to put my content out there without second-guessing myself. Join me on this journey of self-improvement and confidence-building, as we collectively push past our fears to achieve our goals. Let's take action together and watch our personal and business brands flourish. -
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Could recent tax cuts really put more money in your pocket and increase your borrowing capacity? Join us in this episode as we chat with financial expert Zac Constantino to break down these transformative changes. We'll explore how the government's latest tax reforms, effective from the first of July, aim to benefit a broader segment of the population. You'll learn how these changes translate to increased cash flow and improved lending potential for millions of Australians, especially those earning up to $135,000 annually. Zac and I discuss the potential for a 4% to 6% boost in borrowing capacity and what that means for everyday Australians looking to improve their financial standing.
But that's not all! We dive deep into how individuals earning between $100,000 and $200,000 can expect their borrowing capacity to soar by $23,500 to $50,000. Beyond individual benefits, we also consider the broader economic implications, such as easing cost of living pressures and potential positive impacts on GDP, unemployment, and wage growth. Discover how lenders are adapting their servicing calculators and what this means for home buyers in the current mortgage rate landscape. Listen in for invaluable insights into how these tax cuts could benefit both you and the overall economy, and what you can expect as we head towards next year's mid-year financial review. -
Is the skyrocketing cost of housing in Sydney making home ownership seem like a distant dream? Learn how new state planning proposals might just turn that dream into reality. This episode dives deep into the government's innovative reforms designed to make buying and renting more affordable. We'll explore how permitted dual occupancy development in R2 low-density zones could revolutionize suburban living by introducing flexible housing options like townhouses, terraces, and apartments. Plus, discover how the size of local supermarkets plays a role in defining town centers and the significant changes new non-refusal development standards could bring to residential areas.
Ever wondered how the picturesque Northern Beaches might evolve in the face of the housing crisis? We examine the criteria and potential impacts of multi-dwelling developments in key town centers like Mona Vale, Narrabeen, DY, and Manly Vale. Learn how these areas could experience a housing boom if properties align with dual occupancy and manor house criteria, supported by streamlined approval processes. Stay tuned for details on how to access crucial documents we've mentioned and join us on social media for continued engagement and updates. Let’s tackle Sydney’s housing challenges together! -
What if you could transform your property into a goldmine just by being near a shopping precinct or a train station? This episode unpacks the game-changing property zoning regulations newly introduced by the New South Wales government. We explore how dual occupancies, manor housing, and mid-rise developments within 400 to 800 meters of key locations are set to revolutionize housing affordability and bring substantial financial rewards to property owners. With specific insights into areas like Balgowlah, we also analyze the expected timeline for these changes and their wider implications for the housing market and first-time buyers.
Staying ahead of local planning developments has never been more crucial. In this episode, we lay out practical tips on how to efficiently keep up with media updates and search for the latest planning news using Google's time filter options. Whether you live in the Northern Beaches or elsewhere in New South Wales, we'll help you navigate the information landscape to stay informed about changes that could impact your home and community. Don’t miss out on these vital insights and learn how to stay prepared for the upcoming zoning transformations. -
Is Sunday still a sacred day of peace and quiet, or has it become just another opportunity to catch up on life's mounting chores? Join us as we explore this clash of contemporary and traditional values with Cleo, the astute manager of one of the largest rental portfolios on the northern beaches. Cleo sheds light on how the expectations for quiet Sundays have evolved, particularly focusing on the generational shift that now sees Sunday as a prime day for tasks like lawn mowing and car maintenance. Her unique perspective helps us understand how these changes are affecting relationships between tenants and their more conservative neighbors, who still hold onto the serenity of Sundays past.
Ever wondered how property managers navigate the tricky terrain of modern-day noise complaints? Cleo shares her firsthand challenges and strategies in maintaining harmony in diverse communities. From early morning leaf blowers to revving car engines, she discusses the delicate balancing act of respecting the law, empathizing with both sides, and keeping the peace. This episode offers invaluable insights for anyone involved in community living, highlighting the nuanced dynamics and evolving neighborhood norms that come with the territory. Don’t miss out on this engaging discussion about the evolving concept of neighborly respect on Sundays! -
What if you could save thousands of dollars by understanding the intricacies of real estate commissions and fees? Join us on Monday Novak News with Bidhan Shrestha and Lisa Novak as we unpack the hidden layers of real estate transactions. We start by demystifying agent commissions, revealing the extensive behind-the-scenes work and the critical role of trust between agents and vendors. We'll give you the insider scoop on what commission rates in New South Wales typically range from and why agents are only paid upon the successful sale of your property.
Next, we address the often-overlooked issue of property management fees and the true cost of choosing the wrong company. Through real-world stories and cautionary tales, we highlight how experienced property managers can save you from costly mistakes and ensure your investment is well-protected. Learn why opting for the cheapest management company might end up costing you more in the long run and how to scrutinize low management fees for potential hidden charges.
To wrap things up, we guide you through the process of transitioning property management to Novak, from handling termination periods and paperwork to tenant screening. We’ll discuss the importance of selecting a reliable managing agency and share flexible payment options that can make the transition smoother. Plus, we emphasize the importance of carefully reviewing sales agreements and understanding the negotiability of their duration. With this episode, you're not just getting informed—you're empowering yourself to make smarter real estate decisions. -
Have you ever wondered how much chaos a single missed appointment can cause? We're unpacking the widespread issue of no-shows across various industries in our latest episode. From the frustration of healthcare providers to the disruptions in the beauty and real estate sectors, we explore the ripple effects of missed appointments. Dive into memorable stories like Billy's unforgettable outburst after a no-show in real estate and understand the common reasons behind these absences, such as forgetfulness, scheduling conflicts, and anxiety. Hear how professionals manage these situations and why a simple apology can go a long way in maintaining professional courtesy.
In another segment, we shine a spotlight on how smartphones have transformed our productivity and punctuality over the past few years. Learn how the ability to make calls, send emails, and even conduct virtual meetings on the go has redefined our work habits. However, we don't shy away from emphasizing the significance of being courteous and apologetic when delays occur. Tune in for practical advice on how to communicate effectively, ensuring you stay professional and respectful in all your interactions. -
What if the next big opportunity in real estate is right in your backyard? Join us as we explore the groundbreaking urban planning changes with expert Ellie, who sheds light on new state government policies set to override local council controls. These shifts could mean extraordinary possibilities for property owners, including the chance to develop dual occupancies in previously restricted areas. Ellie provides a deep dive into the practicalities and hurdles of these reforms, forecasting an influx of applications and discussing the economic feasibility of new development projects.
Lisa Novak's inquiries about navigating these complex planning regulations in New South Wales highlight the need for accurate information, best found on the state government website. We delve into the challenges developers face with evolving rules and uncertain council approvals. Our discussion also covers Navon Planning’s role in helping clients adapt to these changes, including the extended timelines for Development Applications (DAs). Despite the obstacles, there's a silver lining—these reforms have the potential to stimulate redevelopment and address housing shortages, particularly in high-demand areas like the Northern Beaches. Tune in for a comprehensive look into the future of urban planning and property development. -
Ever wondered how a small nation like Australia manages to hold nearly $3.5 trillion in superannuation funds? Join us as we uncover the origins and evolution of Australia's superannuation system, starting with its inception in 1992 under the Hawke government. We'll reveal how this retirement savings scheme has catapulted Australia to the fourth-largest superannuation market globally. Delve into eye-opening comparisons with the $10 trillion value of Australian property and the substantial $2.8 trillion in household debt. Additionally, we explore the increasingly popular trend of using superannuation for property investments and the resulting generational divide on investment strategies.
In the second part of the episode, we revisit a fascinating investor night event where an accountant provided an in-depth presentation on crucial financial topics. Through detailed slides and real-life examples, our guest offered invaluable advice that left the attendees expressing heartfelt gratitude. You'll leave with practical insights that could shape your financial future. Don't miss out on this packed episode that's sure to leave you better informed and inspired to rethink your own financial strategies! -
Remember when nights out were filled with disco beats, larger-than-life bouncers, and kebab runs at 3 am? Take a trip down memory lane with us as Cleo and I reminisce about the unforgettable nightlife of the northern beaches in the 80s and 90s. From the legendary Rock Lily to the bustling Figure 5 and the lively Cartoons in DY, we recount our wildest nights and the iconic spots that defined our youth. What's happened to those cool bouncers we all had crushes on? Cleo has some hilarious theories that will leave you in stitches.
We also chat about the late-night munchies that followed every epic night out. Ever lined up at Neffy's or the famous Caravan of Courage on Pittwater Road? We have, and we’re sharing our funniest food escapades. And who could forget the legendary dollar drinks at the Jet Club in DY? With tales of struggling to catch a taxi during the dreaded 3 am changeover, this episode is a heartwarming and humorous celebration of a bygone era that shaped our younger years. Join us for a laugh-filled, nostalgic journey that will have you yearning for those simpler, wilder times. -
Can you imagine having to wait 46 years just to save enough for a home deposit? In this episode, we uncover the harsh reality of the current housing market for first-time buyers. Discover the startling statistics and real-life stories, like that of a buyer who's been on an 18-month quest for their first home, missing out on multiple opportunities along the way. We also delve into the relentless rise in property prices since the 1970s and the crushing impact of soaring rents, which make saving for a deposit seem like an impossible dream.
But don't lose hope just yet! In the latter half of the episode, we share practical strategies to turbocharge your home-buying journey. Learn how moving back in with family or sharing a home with a partner can significantly cut down living expenses and boost your savings. We offer actionable tips and life hacks to help you navigate the treacherous housing market more efficiently and avoid the long wait that many face. Tune in for insights that could turn the tide in your favor and get you closer to owning your first home. -
Ever wondered why land values keep soaring while buildings seem to lose their charm? Discover the secrets behind these property dynamics with insights from a seasoned billionaire investor. Our latest episode sheds light on the fundamental principles of real estate, focusing on how appreciating land and depreciating buildings can shape your investment strategy. We illustrate these concepts with real-world examples, such as the Terry Hills golf estate, demonstrating how properties with significant land components can achieve remarkable value growth over time. Tune in and unravel the mysteries of location importance, especially in areas where new developments are scarce, leading to robust capital growth.
Join us as we simplify the complex world of property investment, breaking it down to two core values you need to understand to maximize your returns. Learn why the land under your property is your golden ticket to wealth, while the structure above it might not hold its value as much. This episode is packed with essential tips and actionable insights, perfect for both seasoned investors and newcomers. Don't miss this opportunity to transform your approach to real estate with knowledge that could redefine your financial future. -
Discover how Sydney's Northern Beaches are on the brink of a transformative change that could redefine local landscapes and property opportunities. What do the Mins party's ambitious reforms mean for the future of housing, business, and community life? Tune in as we break down the bold plans to construct over 300,000 new homes by 2029, introducing dual occupancy, terrace housing, and the potential for increased building heights and densities near major shopping areas. This discussion promises to equip you with a comprehensive understanding of these significant zoning changes and the far-reaching implications they hold.
In this episode, we spotlight the development potential of the Northern Beaches, emphasizing the introduction of manor houses and dual occupancies in areas ripe for growth. We'll assess the readiness of existing infrastructure to handle this influx and examine rapid implementation strategies to bring these plans to life. With detailed examples, visual aids, and access to an in-depth PDF report, we offer you a clear vision of the profound transformations ahead. This is your go-to source for staying informed on how these zoning reforms will shape the future landscape of property and business in New South Wales. -
Eager to avoid costly surprises in your next apartment purchase? Discover the hidden dangers lurking in modern apartment designs as we uncover the pitfalls of planter boxes with our expert guest, Zan. You'll learn why these seemingly harmless additions can lead to significant structural damage due to persistent moisture and leaks. Zan draws from his vast experience to explain why properties built after the 80s and 90s are becoming less desirable, primarily because of recurring issues like waterproofing and balcony repairs. Equip yourself with critical insights to protect your property investment and avoid expensive remedial works that plague newer buildings.
Join us for a candid conversation that contrasts the robust constructions of the past with the aesthetically pleasing yet problematic designs of today. Zan walks us through the unique challenges posed by planter boxes that hold soil and water, creating an ongoing battle against moisture. We'll discuss practical advice and expert tips to safeguard your home, making this episode essential listening for current homeowners and prospective buyers alike. Don't miss out on this opportunity to learn how to identify and mitigate the risks associated with modern apartment living. -
Curious about the shifting tides in the rental market on the Northern Beaches? Our latest episode promises to unravel the implications of a surge in available rental properties and what this means for landlords and tenants alike. Hear from our seasoned property manager, who draws from nearly two decades of industry experience, to offer invaluable insights into this evolving landscape. Discover how tenants are benefiting from a broader selection and stabilized prices while landlords navigate increased competition and financial hurdles.
Ever wondered how to make the most of your superannuation through strategic downsizing? We'll share key takeaways from our recent investor night, focusing on unique opportunities for those over 55. Learn how to maximize your retirement contributions and explore the untapped potential of investing in storage units, backed by compelling personal anecdotes. Don't forget to submit your questions for upcoming episodes—we're committed to covering the topics that matter most to you. -
Ever wondered if a dazzling light show could turn into a logistical nightmare? Join us as we navigate the chaotic yet mesmerizing world of the Vivid Sydney Festival. Despite its reputation for transforming the city with breathtaking light displays, we share the real struggles of dealing with the overwhelming crowds and blocked roads that can make the experience less than ideal. But amidst the chaos, we found a silver lining in a serene ferry ride across Sydney's beautifully illuminated harbor. Plus, we discuss the promising new Metro system that aims to ease future festival woes.
Switching gears, we sit down with Emmanuel Caligaros, a high-wealth accountant with 45 years of expertise, to delve into the secrets of thriving in the mortgage industry. Get ready to be inspired by the remarkable journey of Theo, who has built one of the nation's largest mortgage-broking firms through strategic brilliance and hard work. Emmanuel captivates us with insightful stories from his clients’ financial journeys, offering invaluable advice for anyone interested in achieving financial stability and growth. This episode is packed with wisdom and practical tips you won't want to miss. -
Is purchasing property in flood-prone areas a smart investment or a gamble with nature? Join us as we unpack the risks and rewards with insights from Billy Bob, our invigorated real estate agent, who shares first-hand experiences from recent high-stakes sales in Belrose and Narrow Bean Lake. Discover shocking statistics from IAG, Australia's biggest insurer, revealing how widespread these risks are, especially in New South Wales. We'll also explore the staggering lengths homeowners go to for protection, such as investing hundreds of thousands in fire curtains.
What drives someone to invest in a property with such clear risks? We discuss the allure of lifestyle benefits that can overshadow the danger. From exploring the financial implications of higher insurance premiums to practical advice on researching flood and fire risks, we cover it all. Learn the crucial steps you need to take before making your next property investment in these vulnerable zones. This episode promises to change your perspective on property investments in areas susceptible to natural disasters. -
Can women truly have it all—a successful career and a fulfilling family life? We tackle this compelling question by bringing you an inspiring conversation with Cleo, a seasoned property manager with over 18 years in the real estate industry. Cleo shares her deeply personal journey of navigating the demanding worlds of property management and motherhood. From the trials of maternity leave to the challenges of returning to work, Cleo's candid anecdotes about raising Zeno and Athena provide a nuanced look at balancing professional and family responsibilities. Through her stories, we explore the significant progress women have made in real estate, as well as the hurdles that still remain.
Our discussion doesn't stop there. We highlight the diverse and invaluable experiences of working moms in the real estate office, showcasing how the newfound flexibility from COVID-19 has reshaped the way working parents manage their responsibilities. From practical tips like scheduling dedicated family dinners to setting non-negotiable family time, we share actionable strategies for achieving a semblance of work-life harmony. This episode is a treasure trove of life and career advice aimed at empowering women in real estate, showing that while perfect balance may be a myth, intentional steps can lead to meaningful change. -
Are landlords the unsung heroes of the housing market? In this episode, we explore the evolving challenges that landlords face, drawing a fascinating comparison between landlords and farmers to highlight their pivotal role in housing stability. From increased land taxes and rising interest rates to burdensome financial policies, we break down how these factors are reshaping property investment. We share personal anecdotes and delve into recent policy changes in Victoria to explain the tangible impacts on rental property availability and the broader market dynamics.
But there's more—discover the complex interplay of superannuation policies, government incentives, and corporate build-to-rent models that are currently sidelining individual investors. We challenge the prevailing notion that population growth is the main driver of housing demand, arguing instead for a focus on attracting more property investors to stimulate development. If you’re curious about navigating these turbulent times and uncovering opportunities in the property market, this episode offers a wealth of insights and actionable advice to help you make informed investment decisions. - Vis mere
