• EP. 1342 “Strata Living 2024: Smoke & Odors – What Tenants Can & Can’t Do”
    Nov 20 2024

    What happens when regulations intended to protect start feeling like overreach? Join us as we invite Cleo, a seasoned property manager with over 15 years of experience, to unpack the evolving landscape of New South Wales strata laws. Cleo shares her expert insights on the intricacies of smoke drift and odorous nuisances in unit communities, highlighting how bylaws and committee powers have transformed the tenant-landlord dynamic. We explore the growing tension between necessary regulations and their unintended consequences, like bizarre new laws requiring landlords to pay for lost keys. Cleo paints a vivid picture of the challenges faced by both non-smokers and smokers, including the unexpected side effects of trying to keep the smoke out.

    Our discussion digs into why smoking complaints are on the rise, despite smokers following the once-accepted balcony rule. With more stringent bylaws empowering committees, what used to be a decades-old nuisance has now become a major issue. Cleo shares real-life stories, such as tenants who refuse to open windows to avoid smoke, ultimately leading to mold problems. We also touch on the parallels with other contentious strata issues, like pet ownership, revealing how living in shared spaces requires navigating a complex web of ever-evolving regulations. Tune in to hear how Cleo's experience sheds light on maintaining harmony in these communities while balancing individual freedoms and collective responsibilities.

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    11 mins
  • EP. 1341 “Secure your Warriewood beach block—build, profit, and live like a pro!”
    Nov 20 2024

    Unlock the secrets to affordable luxury living on the Northern Beaches as we, Josh Wapshott and my co-host Mark Novak, reveal an exceptional land development opportunity at Warriewood's Raven Circuit. Ever wondered how you could own a spacious four-bedroom home for under $2 million in a coveted location? Partnering with Merriton and J.G. Gardner, we've paved the way for investors and families to explore customisable building options on 23 perfectly sized lots, starting at just $1.2 million. Get ready to discover how these investments stand out amidst the local market, especially when compared to jaw-dropping recent sales like a $2.56 million property in Boobalow.

    But that's not all—our journey continues as we spotlight Worrywood Beach, a rising star in the real estate world. This vibrant area is drawing in a wave of first-time unit buyers and new residents, offering savvy investors a strategic edge. By tuning in, you'll grasp the financial benefits of jumping into this dynamic market and how these opportunities can outshine traditional savings methods. We encourage you to embrace the potential of building wealth through smart real estate investments in flourishing areas like Worrywood Beach, and see firsthand the immense profitability that awaits.

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    12 mins
  • EP. 1340 THINKING OF RENOVATING IN STRATA? WATCH OUT FOR THESE COSTLY PITFALLS!
    Nov 20 2024

    Unlock the secrets to a seamless strata renovation process as Greg Williamson from Stedman, Williamson Hart shares his expert insights on navigating the complex world of strata living. With projections indicating a significant rise in strata arrangements by 2035, understanding the nuances of cosmetic, minor, and major renovations has never been more crucial. Discover why clear communication and proper approvals are vital to avoiding costly legal pitfalls, and learn from real-case scenarios that highlight the consequences of unauthorized work. Greg's valuable advice ensures you're equipped to handle evolving legislation and maintain harmony with strata managers.

    Our conversation also turns to the often-overlooked challenges landlords, buyers, and sellers face when accessing reliable real estate information. Delve into the intricacies of the market with our guests Lee and Billy, who provide indispensable insights into effective resource sharing. This episode is packed with practical tips and compelling stories, illustrating how personal conflicts can impact the renovation approval process and how tribunals play a role in mediating unreasonable refusals. Don't miss this opportunity to gain a comprehensive understanding of strata living and the ever-changing landscape of real estate.

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    26 mins
  • NOVAK NEWS - OFF THE PLAN - is it ON your radar??
    Nov 20 2024

    Unlock the secrets to making a smart investment in the real estate world by mastering the art of off-the-plan property buying. We promise to guide you through the bustling marketplace with insights that could turn your next property purchase into a strategic move. As the year winds down, discover why now might be the perfect time to secure your new home before the holiday rush. With interest rates on the brink of decline and the demand for modern apartments soaring, we weigh the benefits against the common concerns of paying a premium and the quality of new builds, ensuring you make an informed decision.

    Join us as we unravel the intricacies of purchasing off-the-plan properties, highlighting the importance of consumer protection and the advantages of working with reputable developers like Landmark. We share practical tips on inspecting previous projects to ensure quality, address common questions about property availability, and explore customization options during early construction stages. Our team at Novak Properties is committed to assisting you through every step of the process, offering a diverse portfolio that includes apartments, townhouses, and land across various locations. Tune in for a comprehensive look at the real estate expertise we provide and empower yourself with the knowledge to navigate the off-the-plan journey confidently.

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    16 mins
  • EP. 1339 - On the doorstep of the Real Estate Internet Explosion!
    Nov 20 2024

    Unlock the mysteries of the festive real estate market with expert Billy Drury! Ever wondered why many homeowners pull their listings in December only to return in January with newfound zest? Join us as Billy uncovers the psychology behind these seasonal shifts. From pre-approval pressures to the captivating spike in online property searches, discover how the holiday season transforms the dynamics of the market. Whether you’re a buyer planning to make your move or a seller seeking strategic insights, this episode offers a wealth of knowledge to guide your decisions at the turn of the year.

    Billy shares data-backed revelations on how the internet becomes a bustling hub for property searches during what many perceive as a quiet period. Despite agents often taking time off, December and January see record-high online inquiries, painting a paradoxical picture of the market. Learn from Billy about how his team stays active throughout the holidays, supporting eager clients amidst this seasonal quirk. This episode promises to equip real estate enthusiasts with the strategic know-how to navigate and capitalize on the opportunities presented during this unique time of year.

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    11 mins
  • EP. 1338 “Rental Market Boom: Big Changes Ahead for December’s Leasing Climate!”
    Nov 13 2024

    Discover the dramatic transformation of Sydney's rental market with us as we uncover why the Northern Beaches are the epicenter of this real estate whirlwind. Picture this: only a handful of rental properties available when there used to be dozens. What does this mean for tenants and landlords alike? We'll dissect the reasons behind this scarcity and predict how this trend could ripple across the entire city, potentially leading to steep rent hikes. Our discussion provides crucial insights into the real-time rental spread data, offering a nuanced understanding of how rental prices can skyrocket even without significant property upgrades.

    Join me in sharing a personal story about living next to a burgeoning unit block development, where the chaos of construction meets the promise of community revitalization. It's an emotional rollercoaster, balancing the disruption with the allure of new amenities like trendy coffee shops. As the rental market on the Northern Beaches goes "bananas," we emphasize the importance of staying informed and ready to seize a first-mover advantage in this fast-evolving landscape. Tune in to equip yourself with the knowledge to navigate these shifting dynamics and stay ahead of the curve in the months to come.

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    12 mins
  • EP. 1337 MY FIRST 4 MONTHS IN REAL ESTATE - WHAT I NOW KNOW
    Nov 12 2024

    How does someone pivot from selling luxury cars and brokering mortgages to thriving in the competitive Sydney real estate scene? Meet Joshua Wapshott, whose electrifying journey through his first four months in real estate offers a masterclass in resilience and adaptation. From navigating the nuances of commercial versus residential deals to understanding that a handshake isn't a closing, Joshua shares the invaluable lessons he's learned. His background, rich with diverse experiences, has uniquely equipped him to handle the bustling property market with persistence and flair.

    In this episode, we get an exclusive look into the mentor-mentee dynamic that has fueled Joshua's rapid ascent. Mark, his mentor, not only praises his remarkable progress but also underscores the crucial role of guidance and encouragement in shaping a successful career. Joshua humbly acknowledges this support, attributing his early achievements to Mark's wisdom. Prepare to be inspired by Joshua’s story—a testament to the power of a solid support system and relentless determination in reaching new heights in real estate. Join us as we uncover the motivations, challenges, and triumphs that define the promising career of this rising star.

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    11 mins
  • EP. 1336 - THE HIDDEN RISKS OF BUYING A HOLIDAY HOME AT YOUR HOLIDAY DESTINATION
    Nov 12 2024

    What's the real cost of falling in love with a holiday destination and deciding to buy property there on a whim? We're peeling back the layers of the seduction of owning a holiday home and the potential pitfalls that can turn a paradise dream into a financial nightmare. Listen as we share jaw-dropping stories about holiday-goers seduced by charming locations and seemingly affordable prices, only to find themselves shackled with maintenance costs and minimal returns. Discover the underrated wisdom of knowing your future neighborhood inside-out and why those impulsive, warm-fuzzy-feeling decisions might cost you more than you bargained for.

    Join us for an engaging discussion that challenges the romanticized notion of holiday home ownership. We reveal why regional real estate agents might be eagerly anticipating your holiday visit and how easy it is to overpay when you're in a post-margarita haze. From the importance of thorough research to understanding the long-term implications of your purchase, we provide practical advice and anecdotal evidence to help you navigate the treacherous waters of holiday property investment. Whether you're a seasoned property pro or casually dreaming of a coastal retreat, this episode offers insightful perspectives on keeping your holiday home aspirations grounded in reality.

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    11 mins