Meet Marty Sadlier, a property investor and cost estimation specialist who joined me in today’s episode as my special guest. Marty will share his passion for ensuring that developers, renovators, and investors alike gain a comprehensive understanding of all construction costs and potential risks on their developments. On top of that, Marty is going to give us some tips about when a renovator would need a quantity surveyor and the scariest thing he experienced in this venture. 

Highlights: 

• [00:00:34] How To Replace Your Income With Renovating
• [00:03:54] Client focused service
• [00:05:52] Seven offices
• [00:07:00] The path to becoming a quantity surveyor
• [00:09:47] Trade price: workload vs what it should cost 
• [00:11:32] The difference between building prices per
• location 
• [00:13:41] You need a couple of people to help drive the
• price down
• [00:14:20] The recorded index
• [00:16:05]  Time is money
• [00:17:06] Opportunity in depreciation
• [00:18:03] The big chain 
• [00:18:52] How to get the depreciation report done? 
• [00:20:29]  Age-old argument
• [00:21:32] Inspecting  the property
• [00:22:43]  Scrapping schedules
• [00:24:19]  83% of Australians that are underinsured  
• [00:26:30] You can't rebuild all 10 sheds at once
• [00:27:31] Insurance assessments
• [00:29:28] Paying the wrong person
• [00:30:45] When do you use a quantity surveyor?
• [00:32:17] Working document
• [00:33:42] A story from a long time ago 
• [00:34:22] An expert witness 
• [00:34:41] Scariest story 
• [00:37:10] The handshake agreement is still extremely prevalent

Resources: 

MCG Quantity Surveyors. 

https://www.mcgqs.com.au

Elephant In The Room Podcast

https://www.theelephantintheroom.com.au

How To Replace Your Income With Renovating

www.theschoolofrenovating.com/theleap

The School Of Renovating

https://www.theschoolofrenovating.com

She Renovates podcast

https://www.theschoolofrenovating.com/podcast

She Renovates on  iTunes 

https://podcasts.apple.com/au/podcast/she-renovates/id1452762885

Reno Bootcamp

https://members.theschoolofrenovating.com/bootcamp

 

Where to reach Marty Sadlier? 

Website https://www.mcgqs.com.au

Email [email protected]

 

Did this episode inspire you? If you have any thoughts or comments about the show, head over to She Renovates on iTunes and leave us a review. Also, don’t forget to subscribe, tune in, and share this podcast.

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