• What You Need to Know Before Buying a Property in 2025
    Dec 31 2024
    Buying a property in 2025 presents unique opportunities and challenges, but how can you make sure you're ready? The property market can feel overwhelming, with interest rates, media noise, and endless opinions flying around, but we’re here to cut through the confusion and give you practical advice that actually helps. We’ll start by breaking down why trying to time the market is a waste of energy. Let’s be real—no one knows exactly what’s going to happen. Instead, we’ll focus on what you can control, like getting your finances in order and understanding how to make a solid decision when the time is right. It’s all about buying when you’re ready, not when the media tells you it’s a good idea. We also touch on big trends shaping the market, like immigration, rental shortages, and government incentives. Schemes like Shared Equity sound great on the surface, but there’s a lot to think about. We’ll help you figure out if it’s the right move for you—or if it could end up costing you more in the long run. And, as always, we’ll talk about price research. If you’re serious about buying, you need to know your market inside and out. We’ll show you why understanding current sales data is the key to making confident offers and avoiding common mistakes. So, if you’re serious about making 2025 your year to buy, this episode is packed with insights to get you on the right track. Let’s make sure you’re ready to hit the ground running. Episode Highlights: 00:00 - Introduction 03:02 - A little throwback to what the 2023 and 2024 property market looked like 04:31 - How to prepare for property market shifts and rising competition 07:41 - Why timing the property market in 2025 might cost you more than you think 12:24 - Seasonal factors should buyers consider when entering the property market 18:12 - Current and ongoing challenges in the property market 26:13 - How immigration could impact Australia's housing demand 32:04 - Shared equity schemes and government interventions to address the housing crisis 36:36 - Cautions for property buyers: Strategies for 2025 success Resources mentioned in this episode: Grab our where to buy tutorial for only $39 right here: https://homebuyeracademy.com.au/workshop Resources: FREE MINI COURSE: How to price property like a professional https://www.homebuyeracademy.com.au/freecourse Meet our recommended mortgage brokers at Home Buyer Academy https://homebuyeracademy.com.au/brokers Visit our website https://www.homebuyeracademy.com.au/ Join our Facebook Group to get access to free monthly live Q&A sessions https://www.facebook.com/groups/yourfirsthomebuyerguideaustralia Learn how to buy property without making a mistake with our ultimate 10-step online course for first time home buyers https://homebuyeracademy.com.au/YFHBG If you have any questions or would like to be featured on our show, contact us at: Your First Home Buyer Guide Podcast support@homebuyeracademy.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Brisbane Buyers Agent? https://www.propertypursuit.com.au/ Work with Meighan: https://www.linkedin.com/in/meighanwells/ If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey! Subscribe on YouTube: https://www.youtube.com/@YourFirstHomeBuyerGuidePodcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/your-first-home-buyer-guide-podcast/id1544701825 Subscribe on Spotify: https://open.spotify.com/show/7GyrfXoqvDxjqNRv40NVQs?si=7c8bc4362fab421f See omnystudio.com/listener for privacy information.
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    43 mins
  • Q&A: Deposit Risks, Rentvesting, and Grading Property
    Dec 24 2024
    Ever wondered if rentvesting is the way to go, what happens to your deposit if things fall through, or whether it’s worth stretching for an A-grade property? We’re tackling these big questions straight from our Facebook group in this episode. First, let’s talk about deposits. Did you know the rules around conditional offers and cooling-off periods vary state by state? We break it all down, from what happens if conditions aren’t met to why having a good solicitor is non-negotiable. Seriously, don’t sign anything without advice—your deposit might depend on it. Next, we dive into rentvesting. For some, it’s the perfect solution, but is it the right fit for you? Especially if you’re further along in life and buying your first home, we talk about how to weigh up living where you want versus making a smart investment. And spoiler: the right answer depends on what really matters most to you. Finally, we tackle the A-grade versus B-grade property debate. Should you go for a top-tier asset, even if it means tighter finances? We chat about when it’s worth stretching your budget, what makes a property truly “A-grade,” and why overcapitalising on a renovation in the wrong location is a big no-no. This episode is packed with real talk and practical advice to help you make better decisions on your home-buying journey. Let’s get started! Episode Highlights: 00:00 - Introduction 02:31 - Meighan’s special house of the week 03:05 - Will I lose my deposit if conditions I set aren't met in a conditional offer? 09:25 - Should a 59-year-old first-time buyer choose rentvesting over buying in Sydney? 13:07 - Is the financial stress of an A-grade property worth the potential benefits? 16:57 - Should you raise and renovate a property near a main road and apartments? Resources mentioned in this episode: Your First Home Buyer Guide Podcast Episode #135: How to Navigate the Unknown: Finding Homes in Unfamiliar Territory https://homebuyeracademy.com.au/podcasts/135 Your First Home Buyer Guide Podcast Episode #205: Rentvesting: What You Need to Know Before Taking the Leap https://homebuyeracademy.com.au/podcasts/205 Your First Home Buyer Guide Podcast Episode #173: Rentvesting or Homeownership: What’s the Smarter Move? https://homebuyeracademy.com.au/podcasts/173 Resources: FREE MINI COURSE: How to price property like a professional https://www.homebuyeracademy.com.au/freecourse Meet our recommended mortgage brokers at Home Buyer Academy https://homebuyeracademy.com.au/brokers Visit our website https://www.homebuyeracademy.com.au/ Join our Facebook Group to get access to free monthly live Q&A sessions https://www.facebook.com/groups/yourfirsthomebuyerguideaustralia Learn how to buy property without making a mistake with our ultimate 10-step online course for first time home buyers https://homebuyeracademy.com.au/YFHBG If you have any questions or would like to be featured on our show, contact us at: Your First Home Buyer Guide Podcast support@homebuyeracademy.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Brisbane Buyers Agent? https://www.propertypursuit.com.au/ Work with Meighan: https://www.linkedin.com/in/meighanwells/ If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey! Subscribe on YouTube: https://www.youtube.com/@YourFirstHomeBuyerGuidePodcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/your-first-home-buyer-guide-podcast/id1544701825 Subscribe on Spotify: https://open.spotify.com/show/7GyrfXoqvDxjqNRv40NVQs?si=7c8bc4362fab421f See omnystudio.com/listener for privacy information.
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    24 mins
  • How Rentvesting Can Secure—or Sabotage—Your Financial Future
    Dec 17 2024
    Rentvesting—it sounds like a smart way to get into the property market while keeping your lifestyle intact, doesn’t it? But is it the right move for your long-term financial future? This week, we unpack what it takes to make rentvesting work and how to avoid falling into common traps that could cost you more than you bargained for. Joining us is David Johnston, Mortgage Strategist at Property Planning Australia, to help us break it all down. We explore a hypothetical scenario where Kath, a first-time buyer, is trying to decide whether to buy a home to live in or an investment property while continuing to rent where she loves. Through this scenario, we unpack the hidden factors people often overlook—like borrowing capacity, government incentives, tax implications, and the risks of investing in markets that may not perform as well as expected. It’s about more than just numbers; it’s about having a plan that aligns with your lifestyle and future goals. David shares why forward planning is key, including structuring your loan in a way that keeps your options open down the track. Then, we also explore the trade-offs between high-yield and high-growth properties and why asset selection is critical if you want to avoid the pitfalls that catch so many first-time buyers out. If you’re considering rentvesting as a way to get ahead, this episode is for you. We unpack how to take a long-term view, weigh up your options, and make smart decisions that will set you up for success—not just now but for years to come. It’s all about being strategic and confident in your choices. Episode Highlights: 00:00 - Introduction 02:13 - Our guest for today – David Johnston 03:27 - To set the scene: should Kath buy a home to live in or an investment property? 06:37 - Does borrowing capacity differ when buying an investment property vs a home to live in? 07:52 - Short-term considerations when choosing between a home and an investment property 11:03 - Do interest rates have an impact on the choice between buying a home or investing? 14:09 - Challenges of rentvestors buying properties outside their state 25:21 - What needs to go right for rentvestors to afford their dream home later? 28:43 - Why does borrowing capacity go down when interest rates go up? 31:58 - Is it risky to buy a cheap property for rental income while saving for a home? 34:55 - What are the risks and benefits of renting out rooms in your owner-occupied property? 37:20 - What happens if you become an accidental investor by buying in an unfamiliar area? 45:14 - One thing David knows now that he wishes he knew as a first home buyer About Our Guest: David Johnston is the founder of Property Planning Australia, a firm dedicated to providing independent property and mortgage strategy advice. With a focus on helping families build wealth and security, David believes in the power of property as both a home and a financial asset. His approach centers on unbiased, client-focused advice, free from conflicts of selling investment products. David is also the author of How to Succeed with Property to Create Your Ideal Lifestyle and Property for Life – Using Property to Plan Your Financial Future, both published by Wiley. Connect with David Johnston: Website https://propertyplanning.com.au/ LinkedIn https://au.linkedin.com/in/david-johnston-8534871 The Property Trio Podcast https://www.propertytrio.com.au/ Resources mentioned in this episode: Your First Home Buyer Guide Podcast Episode #9: What is the Importance of a Borrowing Strategy? https://homebuyeracademy.com.au/podcasts/009 Resources: FREE MINI COURSE: How to price property like a professional https://www.homebuyeracademy.com.au/freecourse Meet our recommended mortgage brokers at Home Buyer Academy https://homebuyeracademy.com.au/brokers Visit our website https://www.homebuyeracademy.com.au/ Join our Facebook Group to get access to free monthly live Q&A sessions https://www.facebook.com/groups/yourfirsthomebuyerguideaustralia Learn how to buy property without making a mistake with our ultimate 10-step online course for first time home buyers https://homebuyeracademy.com.au/YFHBG If you have any questions or would like to be featured on our show, contact us at: Your First Home Buyer Guide Podcast support@homebuyeracademy.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Brisbane Buyers Agent? https://www.propertypursuit.com.au/ Work with Meighan: https://www.linkedin.com/in/meighanwells/ If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey! Subscribe on YouTube: https://www.youtube.com/@YourFirstHomeBuyerGuidePodcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/your-first-home-buyer-guide-podcast/id1544701825 Subscribe on Spotify: https://open.spotify.com/show/...
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    50 mins
  • How to Get and Maintain a Good Credit Score
    Dec 10 2024
    Think paying everything in cash is the best way to stay financially secure? Think again. In this episode, we explore why having no credit history can actually hurt you when it’s time to apply for a home loan—and what you can do to build a solid credit profile. We’re joined by Kevin James, General Manager at Equifax, who unpacks the ins and outs of credit scores: what they are, how they’re calculated, and why they matter. You’ll learn how things like paying your bills on time and being mindful of your credit applications can positively impact your score. Kevin also clears up misconceptions about buy-now-pay-later services and why they don’t do much to boost your creditworthiness. If your credit score isn’t where you’d like it to be, don’t worry—we’ve got you covered. Kevin shares practical steps for repairing a bad score, including how to check your credit report for free and the importance of working with your lender when times get tough. He also talks about the surprising benefits of small financial habits, like managing a credit card or phone plan in your name. This episode is your guide to understanding and improving your credit score, helping you get closer to your goal of homeownership. Listen now and take that next step toward financial confidence! Episode Highlights: 00:00 - Introduction 01:59 - Who is Kevin James? 03:30 - What does a credit score actually look like? 04:55 - What behaviours or actions impact a credit score? 06:49 - When does one start getting a credit score? 08:40 - Full payment vs. Minimum payment on credit card bill: what’s best for your credit score? 09:27 - How does “buy now, pay later” services like Afterpay influence a credit score? 10:36 - Why are credit scores important for first home buyers? 12:03 - How to find out what your credit score is 15:07 - How does one get a bad credit score 18:24 - How do you repair a bad credit score 22:31 - What impact does applying for multiple credit products have on a credit score? 25:26 - The role of AI in calculating credit scores 26:21 - Can parents managing bills hinder credit building for adult children? 28:54 - Why does Money Smart advise against paying for credit score repair services? 33:34 - What Kevin wishes he knew about credit scores as a first home buyer About Our Guest: Kevin James is the Chief Solutions Officer at Equifax Australia, leveraging his deep expertise in credit scores and financial analytics. With over six years at Equifax, including leading Advisory & Analytics Consultancy Services, Kevin has built a reputation for delivering strategic insights and innovative solutions. Known for his passion and ability to engage on complex topics, he previously held leadership roles at ANZ, focusing on customer engagement and risk strategy. Based in Melbourne, Australia, Kevin is a recognised thought leader in financial services. Connect with Kevin James: LinkedIn https://au.linkedin.com/in/kevin-james-b1b0b558 Resources: FREE MINI COURSE: How to price property like a professional https://www.homebuyeracademy.com.au/freecourse Meet our recommended mortgage brokers at Home Buyer Academy https://homebuyeracademy.com.au/brokers Visit our website https://www.homebuyeracademy.com.au/ Join our Facebook Group to get access to free monthly live Q&A sessions https://www.facebook.com/groups/yourfirsthomebuyerguideaustralia Learn how to buy property without making a mistake with our ultimate 10-step online course for first time home buyers https://homebuyeracademy.com.au/YFHBG If you have any questions or would like to be featured on our show, contact us at: Your First Home Buyer Guide Podcast support@homebuyeracademy.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Brisbane Buyers Agent? https://www.propertypursuit.com.au/ Work with Meighan: https://www.linkedin.com/in/meighanwells/ If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey! Subscribe on YouTube: https://www.youtube.com/@YourFirstHomeBuyerGuidePodcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/your-first-home-buyer-guide-podcast/id1544701825 Subscribe on Spotify: https://open.spotify.com/show/7GyrfXoqvDxjqNRv40NVQs?si=7c8bc4362fab421f See omnystudio.com/listener for privacy information.
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    39 mins
  • Rentvesting: What You Need to Know Before Taking the Leap
    Dec 3 2024
    Rentvesting might sound like the answer to getting into the property market, but is it the right choice for you? In this episode, we’re unpacking everything you need to think about before taking this path. From the practical costs and emotional decisions to the crucial differences between buying as an investor and as an owner-occupier, we’re covering it all. And this is not advice to go one way or the other. Let’s be really clear about that. Our goal is to give you the information you need to weigh your options, consider your goals, and decide what’s best for your circumstances. Rentvesting isn’t just about “getting into the market”—it’s about understanding what comes next, and how to make it work for you in the long term. We’ll also touch on the hidden traps, like chasing high rental yields or overlooking critical long-term factors like capital growth. Plus, we’ll discuss why location matters so much and why making the wrong call here can derail your plans. It’s all about avoiding mistakes while keeping your future goals in sight. This conversation isn’t just theory—we’re preparing you to make educated, confident decisions about rentvesting. And if you’ve got questions about the financial side of things, stay tuned for upcoming episodes where we’ll dive into those details with the experts. This is about giving you the tools to plan smart and avoid regret. Episode Highlights: 00:00 - Introduction 02:07 - Meighan’s special house of the week 04:18 - Consideration #1: What is your goal? 07:28 - Red flag! Rentvesting is very different from the stepping stone strategy 06:03 - Consideration #2: What’s your time frame? 08:45 - Consideration #3: Purchasing costs 10:29 - Consideration #4: Running costs 14:43 - What’s a really big mistake most property investors and/or rentvestors make? 15:20 - Consideration #5: Rent won’t make you rich 17:27 - Consideration #6: Capital growth will make you rich 24:35 - Consideration #7: Location overwhelm and home bias 29:52 - Consideration #8: Danger zones and the need for a long-term view Resources mentioned in this episode: Kickstart Tutorial for First Home Buyers https://www.homebuyeracademy.com.au/tutorials Resources: FREE MINI COURSE: How to price property like a professional https://www.homebuyeracademy.com.au/freecourse Meet our recommended mortgage brokers at Home Buyer Academy https://homebuyeracademy.com.au/brokers Visit our website https://www.homebuyeracademy.com.au/ Join our Facebook Group to get access to free monthly live Q&A sessions https://www.facebook.com/groups/yourfirsthomebuyerguideaustralia Learn how to buy property without making a mistake with our ultimate 10-step online course for first time home buyers https://homebuyeracademy.com.au/YFHBG If you have any questions or would like to be featured on our show, contact us at: Your First Home Buyer Guide Podcast - support@homebuyeracademy.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Brisbane Buyers Agent? https://www.propertypursuit.com.au/ Work with Meighan: https://www.linkedin.com/in/meighanwells/ If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey! Subscribe on YouTube: https://www.youtube.com/@YourFirstHomeBuyerGuidePodcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/your-first-home-buyer-guide-podcast/id1544701825 Subscribe on Spotify: https://open.spotify.com/show/7GyrfXoqvDxjqNRv40NVQs?si=7c8bc4362fab421f See omnystudio.com/listener for privacy information.
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    38 mins
  • Could One Small Oversight Cost You $60k as a First Home Buyer?
    Nov 26 2024
    What would you do if you found out a single mistake could cost you $60,000 on your first home? That’s exactly what happened to Jessica, and we’re diving into her story today. This is one tough lesson about what can go wrong when you don’t have the right advice or information. The good news? By learning what went wrong, you’ll know exactly what to do to avoid a similar disaster. In this episode, we break down Jessica’s experience step by step and we start with explaining how things spiralled out of control, from signing a contract too early to not having the right support crew in place. We share what questions Jessica should’ve asked, why due diligence matters so much, and how skipping one simple step left her facing potential bankruptcy. But it’s not all doom and gloom! We’re here to guide you on how to do things the right way. From understanding body corporate fees and special levies to the value of engaging a good conveyancer before you make an offer, we’re arming you with the knowledge you need to be an educated homebuyer. By the end of this episode, you’ll know how to spot red flags, negotiate smartly, and protect yourself from hidden costs. After all, it’s all about being in control, making informed decisions, and feeling confident on your journey to homeownership. So let’s make sure your first home is everything you dreamed of—without the nightmares. Episode Highlights: 00:00 - Introduction 02:15 - A little backstory about today’s disaster story 04:00 - Lessons from Jessica’s mistakes 04:34 - Never sign a contract without legal advice especially if the contract is legally binding 05:33 - Why understanding disclosure statements and body corporate minutes is essential 09:01 - Knowing the right questions to ask the vendors and agents 12:30 - Why getting the right support crew is number ONE in our first home buyer guide 14:23 - What you need to know about property disclosure obligations 21:00 - Step #1: Inspect the property critically 21:52 - Step #2: Do price research 22:36 - Step #3: Order a strata report and read it 23:51 - Step #4: Take the contract of sale and the strata report to your lawyer 25:30 - Step #5: Evaluating special levies before buying property 28:33 - Step #6: Negotiate with the agent Resources: FREE MINI COURSE: How to price property like a professional https://www.homebuyeracademy.com.au/freecourse Meet our recommended mortgage brokers at Home Buyer Academy https://homebuyeracademy.com.au/brokers Visit our website https://www.homebuyeracademy.com.au/ Join our Facebook Group to get access to free monthly live Q&A sessions https://www.facebook.com/groups/yourfirsthomebuyerguideaustralia Learn how to buy property without making a mistake with our ultimate 10-step online course for first time home buyers https://homebuyeracademy.com.au/YFHBG If you have any questions or would like to be featured on our show, contact us at: Your First Home Buyer Guide Podcast support@homebuyeracademy.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Brisbane Buyers Agent? https://www.propertypursuit.com.au/ Work with Meighan: https://www.linkedin.com/in/meighanwells/ If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey! Subscribe on YouTube: https://www.youtube.com/@YourFirstHomeBuyerGuidePodcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/your-first-home-buyer-guide-podcast/id1544701825 Subscribe on Spotify: https://open.spotify.com/show/7GyrfXoqvDxjqNRv40NVQs?si=7c8bc4362fab421f See omnystudio.com/listener for privacy information.
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    32 mins
  • Common Property Beliefs That Don’t Hold Up in Reality
    Nov 19 2024
    Are you sure those common property beliefs you've heard are actually sound advice? In this episode, we dig into some widely accepted opinions about property that simply don’t hold up when you look at them more closely. From the idea that "you should buy as soon as you can afford anything" to "buying under market value" or "starting with an investment property," we discuss why these might not be as foolproof as they seem. We explore how rushing to get on the property ladder by purchasing any available property can backfire. It’s not just about getting your foot in the door—what you buy can have long-term implications on your finances and future choices. We also dive into the real costs associated with choosing the wrong property or falling into the trap of thinking a "bargain" always means value. Beyond the initial myths, we challenge the belief that buying an investment property before your first home guarantees success. While this may work for some, it’s not the blanket solution that many claim it to be. We also touch on the misleading allure of buying "under market value" and why properties without competition could be signaling red flags you need to watch out for. If you’ve ever been tempted by quick-fix solutions like “instant equity uplift” or the idea that the only way to make money is through renovation, this episode offers the insights you need to avoid costly mistakes. We wrap it up with tips on how to apply critical thinking to common property advice, ensuring you're making informed decisions that suit your unique circumstances. Episode Highlights: 00:00 - Introduction 02:04 - Meighan’s special house of the week 04:42 - Buy as soon as you can afford anything just to get on the property ladder 07:34 - Buy an investment property before buying a home to live in 10:59 - Buy under market value 14:25 - Instant equity uplift 24:01 - Buy the worst house on the best street 26:12 - Grab all the government grants you can 29:00 - Never buy strata title 32:43 - Avoid lender’s mortgage insurance at all costs 35:51 - The only way to make money in property is to renovate 39:22 - You can time the market Resources mentioned in this episode: Lender’s Mortgage Insurance Calculator https://helia.com.au/the-hub/calculators-estimators/lmi-fee-estimator Resources: FREE MINI COURSE: How to price property like a professional https://www.homebuyeracademy.com.au/freecourse Meet our recommended mortgage brokers at Home Buyer Academy https://homebuyeracademy.com.au/brokers Visit our website https://www.homebuyeracademy.com.au/ Join our Facebook Group to get access to free monthly live Q&A sessions https://www.facebook.com/groups/yourfirsthomebuyerguideaustralia Learn how to buy property without making a mistake with our ultimate 10-step online course for first time home buyers https://homebuyeracademy.com.au/YFHBG If you have any questions or would like to be featured on our show, contact us at: Your First Home Buyer Guide Podcast support@homebuyeracademy.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Brisbane Buyers Agent? https://www.propertypursuit.com.au/ Work with Meighan: https://www.linkedin.com/in/meighanwells/ If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey! Subscribe on YouTube: https://www.youtube.com/@YourFirstHomeBuyerGuidePodcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/your-first-home-buyer-guide-podcast/id1544701825 Subscribe on Spotify: https://open.spotify.com/show/7GyrfXoqvDxjqNRv40NVQs?si=7c8bc4362fab421f See omnystudio.com/listener for privacy information.
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    46 mins
  • Our Top 5 Property Inspection Tips—and One You Can’t Afford to Miss
    Nov 12 2024

    When you buy a property, no amount of online research replaces actually getting out there and inspecting it in person. In this episode, we share our top five property inspection tips, including one powerful insight that could transform your home-buying journey.

    We start with time management—because when you’re rushing between multiple open houses on a Saturday, it’s easy to miss important details. We show you how to stay organised with checklists, so you get the most out of each visit.

    Next, we dive into the importance of exploring the neighbourhood. From checking out local shops and parks to observing the playground atmosphere, understanding the area’s vibe is key. And of course, we cover what to look for in the property’s structure, helping you spot potential red flags early and save yourself from unnecessary costs.

    Finally, we leave you with a crucial tip that could make or break your chances of closing the deal so don’t miss out on this game-changing advice!

    Episode Highlights:

    00:00 - Introduction

    02:07 - Meighan’s special house of the week

    07:23 - Tip #1: Plan your time carefully

    09:53 - Tip #2: Do an area recce

    13:06 - Tip #3: Be systematic

    19:50 - Tip #4: Watch for common faults

    25:47 - Top Tip # 5

    Resources:

    • FREE MINI COURSE: How to price property like a professional https://www.homebuyeracademy.com.au/freecourse

    • Meet our recommended mortgage brokers at Home Buyer Academy https://homebuyeracademy.com.au/brokers

    • Visit our website https://www.homebuyeracademy.com.au/

    • Join our Facebook Group to get access to free monthly live Q&A sessions

    • https://www.facebook.com/groups/yourfirsthomebuyerguideaustralia

    • Learn how to buy property without making a mistake with our ultimate 10-step online course for first time home buyers https://homebuyeracademy.com.au/YFHBG

    • If you have any questions or would like to be featured on our show, contact us at: Your First Home Buyer Guide Podcast support@homebuyeracademy.com.au

    • Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au

    • Work with Veronica: https://www.veronicamorgan.com.au

    • Looking for a Brisbane Buyers Agent? https://www.propertypursuit.com.au/

    • Work with Meighan: https://www.linkedin.com/in/meighanwells/

    If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

    • Subscribe on YouTube: https://www.youtube.com/@YourFirstHomeBuyerGuidePodcast

    • Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/your-first-home-buyer-guide-podcast/id1544701825

    • Subscribe on Spotify: https://open.spotify.com/show/7GyrfXoqvDxjqNRv40NVQs?si=7c8bc4362fab421f

    See omnystudio.com/listener for privacy information.

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    30 mins