She Renovates

Today,  we're going to talk about a case study of one of our students, Tim Daly.

Tim Daly is a born and bred Sydneysider and community leader with a huge social circle. Videographer and web creator. Background in IT. Father to one. Grandfather to two. He has had an interest in property since he was a kid with a mother who was an avid property investor.

Tim recently sold his Alexandria property that he had been holding for 21 years. He is going to share with us the strategies that helped him develop the property to be a successful hit producing him an income of $100K. Tim's case really demonstrates how flexible renovating is and how much you can tailor it to the way you operate.

What we discussed in this episode:

1. [01:50] The plan: getting rid of the weekly rent
2. [04:08] A managing agent who recommends renovating before selling
3. [09:00] Bowerbird Interiors
4. [11:24] Reigning in on the renovation budget
5. [13:39] Timing: being ready for the very first weekend of the auction year
6. [17:25] Moving in to Lismore
7. [21:12] A lesson after checking the original plan
8. [27:47] Craving solitude
9. [28:40] Keeping a short-term rental in Cessnock

Resources:

• Wonder Women: https://theschoolofrenovating.com/wonderwomenwaitlist
• She Renovates Facebook group: http://theschoolofrenovating.com/FBSheRenovates
• Style Guide booklet: https://www.theschoolofrenovating.com/styleguide
• Renovations for Profit booklet: https://www.theschoolofrenovating.com/renoforprofit
• Tim Daly: https://oculuma.com.au/about-us/
• Tim Daly Success Stories: https://www.theschoolofrenovating.com/success_stories/tim-daly-alexandria/
• Mark Horn of Biller Property: https://www.biller.com.au/meet-the-team/?u=302402
• Bowerbird Interiors: https://bowerbirdinteriors.com.au/

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

Connect with The School of Renovating:

1. Tune in to the She Renovates Podcast https://www.theschoolofrenovating.com/podcast/
2. Follow on Twitter: https://twitter.com/renovatingsc
3. Follow  on Instagram https://www.instagram.com/the_school_of_renovating
4. Follow  on LinkedIn https://www.linkedin.com/in/bernadette-janson-3411652b/

Today,  we're going to talk about opportunities for high cashflow strategies that are available in this climate. Because those of us know that every cloud has a silver lining. 

So what we're doing is foraging for the opportunities today. And so I thought, who better to bring in than the queen of property opportunities, Jo Vadillo of Advocate Property Services to talk about what someone who is wanting to progress their property journey, what they can be looking at now and where they are.

What we discussed in this episode:

1. [02:58]We're going to see a business as usual but business done differently
2. [04:19]Dual Key and Duplex
3. [06:05]A good solution to investors that wants a really strong continuity of income
4. [07:09]Risk management is even more important than it has ever been
5. [08:29]Dual key property hotspots
6. [10:00]Stamp duty benefits for buying
7. [11:45]Meet what the guidelines are set for receiving any benefits
8. [13:29]Developers have land tax obligations as well
9. [16:54]With a self-managed super fund you do need to build on a one contract only
10. [17:25]“Buyer beware”: the bill cost is a little bit steeper for dual key properties

Resources:

Wonder Women:

https://theschoolofrenovating.com/wonderwomenwaitlist

She Renovates Facebook group:

http://theschoolofrenovating.com/FBSheRenovates

Style Guide booklet:

https://www.theschoolofrenovating.com/styleguide

Renovations for Profit booklet:

https://www.theschoolofrenovating.com/renoforprofit

Jo Vadillo:

http://www.advocateservices.com.au/

Airbnb:

https://www.airbnb.com.au/

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

Connect with The School of Renovating:

Tune in to the She Renovates Podcast

https://www.theschoolofrenovating.com/podcast/

Follow on Twitter

https://twitter.com/renovatingsc

Follow on Instagram

https://www.instagram.com/the_school_of_renovating

Follow on LinkedIn

https://www.linkedin.com/in/bernadette-janson-3411652b/

5 Things I Would Do Differently If I Had My Time Over Again and 5 That I Have Nailed

Now, most of us fall into renovating often by accident and most of us make some common mistakes until we figure out what's what. And having been doing this for over 30 years I've made pretty much every mistake there is to make.

And so the intention of this episode is really to shorten the curve for you so that you don't go down the same road that most people do. So you become successful much earlier and so that's what it's all about.

What we discussed in this episode:

1. [02:33]On gratitude
2. [03:48]Wonder Women program restructure
3. [08:30]Getting educated on how to structure finance
4. [11:32]Getting the mortgage paid off and planting seeds for future wealth
5. [12:10]DIY addicts
6. [13:25]Being more strategic about how I operated
7. [17:10]Talking openly about mental illness
8. [17:45]Choosing a life partner has a direct impact on your ability to succeed in life
9. [21:11]Leverage the equity in our family home
10. [22:09]Making our renovating and property a very personal journey
11. [24:45]Good and bad negative gearing

Resources:

• She Renovates Facebook group: http://theschoolofrenovating.com/FBSheRenovates
• Style Guide booklet: https://www.theschoolofrenovating.com/styleguide
• Renovations for Profit booklet: https://www.theschoolofrenovating.com/renoforprofit

Connect with The School of Renovating:

1. Tune in to the She Renovates Podcast https://www.theschoolofrenovating.com/podcast/
2. Follow on Twitter: https://twitter.com/renovatingsc
3. Follow on Instagram https://www.instagram.com/the_school_of_renovating
4. Follow on LinkedIn: https://www.linkedin.com/in/bernadette-janson-3411652b/

Resource Links:

• If you need help transforming your life through renovating and property, head over to The School of Renovating’s website.
• Download Bernadette Janson’s booklet, Renovations for Profit
• Get Amanda’s ebook, The One Thing That Dramatically Improves Apartment Living
• If you want to get access to resources, an online forum, and free bylaw templates, join Amanda’s membership.

Renovators often face having their strata apartment renovation plans get rejected. This can be frustrating because as a renovator, you want to get that apartment ready to be sold. Delays and setbacks only mean that your investment isn’t making you any money. But what can you do when you don’t understand why your plans are not getting approved?

In this episode, I have Amanda Farmer as my special guest. She throws a whole lot of light regarding the legalities of renovating in strata buildings. If you’re like me, you would have already faced a ton of issues when dealing with the owner’s corporation, especially when they themselves don’t have any idea of what’s required in terms of approvals. 

She also talks about where the responsibilities and liabilities lie, and the costs, requirements, and timeframe for getting your bylaw drafted. 

Renovating a strata apartment isn’t impossible. All it takes is to know which approvals you need to get. If you know what you need to do then everything should be a breeze!

What we discussed in this episode:

1. Three types of renovation work and corresponding approval needed [4:18]
2. Avenues for dealing with rejected renovation plans [5:44]
3. What constitutes common property [8:23]
4. Where the responsibilities for waterproofing lie [10:26]
5. Claiming building insurance for waterproofing issues [12:18]
6. The importance of having bylaws in place [15:46]
7. Getting approval to drain the entire building of water [18:50]
8. Short-term rentals and Airbnb [22:40]
9. The Strata Portal about to be launched [27:07]
10. The right order when getting strata approval and council approval [28:46]
11. The timeframe and cost for getting a bylaw drafted [35:49]

Amanda Farmer is the owner of Lawyers Chambers, a strata-focused legal practice in Sydney. She is a Fellow and Council Member of the Australian College of Strata Lawyers and the founder of Women in Strata. An increasingly in-demand speaker, she is the host of the Your Strata Property podcast, the world’s only podcast dedicated to exploring and explaining the legal complexities of strata-titled properties.

Connect with Amanda on her website.

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

This episode is sponsored by the School of Renovating Boardroom Bootcamp, an intensive strategic planning and training weekend. It is the fast track for women and their partners to change the course of their lives through renovating and property. 

Connect with The School of Renovating: 

Tune in to the She Renovates Podcast

Follow Me on Twitter

Follow Me on LinkedIn

In this episode, I have Georgiana Kovell, an international sales and performance Coach and founder of Millions of Women Strong who's worked with women around the world to transform their personal and professional lives. Initially, we were going to be talking about mindset in property and the businesses that we're in but given the change in the world I have suggested that we take a little bit of a detour and talk about strategies for getting through these difficult times.

Georgiana has been the person that I've turned to when life got tough and so I think it's very appropriate that we have her here today sharing her wisdom with my community. So I hope you enjoy it.

[06.13] Opportunities: What opportunities that you're going to create for yourself right now is really going to alter your future

[07:44] Fear: How the world occurs for you gives you that way of being and fear is one of those ways of being

[16:36] Getting Together: There's getting into community with people that are like-minded

[19:43] Proactiveness: it's still that human wellness that we have to take care of

[22:05] Mindset: What is that thing that's bigger than all of this right now, that you can do to move to create forward progress for you?[24:05] Support: Support the small businesses in our community because they need us as much as possible

[25:17] Gratitude: I choose to believe that from everything that is difficult something much better comes from it

[27:22] Positivity: I'm starting my day on a positive note and I'm ending my day in the positive

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

Connect with The School of Renovating:

Tune in to the She Renovates Podcast

https://www.theschoolofrenovating.com/podcast/

Follow Me on Twitter

https://twitter.com/renovatingsc

Follow Me on Instagram

https://www.instagram.com/the_school_of_renovating/

Follow Me on LinkedIn

https://www.linkedin.com/in/bernadette-janson-3411652b/

We are navigating uncharted water right now. The pandemic measures that are currently in place are creating nervousness, uncertainty and in some instances panic.
In this episode, I highlight some ways of being that will help you to not only survive these difficult times but even blossom.

Episode Highlights:

• [2.22] Mindset:If there was ever a time to manage your  mindset, it's now.
• [4.40] Leadership: Most of us are role models in our families & communities. 
• [6.53] Resourcefulness: Go back to basics
• [8.20] Gratitude: Takes your mind off what you don't have and focuses on what you do have.
• [9.21] Kindness: Remember that not everyone comes from the same background and that it's important to exercise kindness
• [11.02] Learning: Isaac Newton discovered gravity while in quarantine during the bubonic plague in 1666
• [12.53] Creativity: A way of expanding in a time when everything else is contracting.
• [16.16] Uncertainty :Be kind to yourself in the face of uncertainty 

Resources:

1. She Renovates Facebook group: https://www.facebook.com/groups/567917187046574

2. Style Guide booklet: https://www.theschoolofrenovating.com/styleguide

3. Renovations for Profit booklet: https://www.theschoolofrenovating.com/renoforprofit

4. Isaac Newton: https://bbc.in/3dc6976

5. Tony Robbins: https://www.tonyrobbins.com/mind-meaning/certainty-uncertain-times/

6. The MerryMakers Sisters: http://bit.ly/2QrWMGE

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

Connect with The School of Renovating:

Tune in to the She Renovates Podcast

https://www.theschoolofrenovating.com/podcast/

Follow Me on Twitter

https://twitter.com/renovatingsc

Follow Me on Instagram

https://www.instagram.com/the_school_of_renovating

Follow Me on LinkedIn

https://www.linkedin.com/in/bernadette-janson-3411652b/

Resource Links:

• If you need help transforming your life through renovating and property, head over to The School of Renovating’s website.
• Download Bernadette Janson’s booklet, Renovations for Profit
• Download Svetlana’s ebook, 10 Tips for a Stress-Free Auction Experience

Cyber crime involving property sales has been emerging in recent years. The widespread use of emails and the Internet to communicate and send information has opened the doors for hackers to steal your private information or change them to divert money deposits to their accounts.

In today’s episode, Svetlana Thorpe joins me as we go over tips and strategies that property buyers or sellers can implement to avoid being a victim of a cyber crime. We will also talk about the checks that need to be done when getting clearance certificates prior to settlement.

When it comes to protecting ourselves, having good advisers is great, but we also have to be sure that they are doing their job well. After all, knowledge is power. 

What we discussed in this episode:

1. Svetlana’s tips for guarding against suspicious communications [4:50]
2. The four most exposed points in a property transaction [9:25]
3. Two aspects to check before sending your deposit [13:39]
4. Tips for protecting your own platform [16:01]
5. How to check if your conveyancer or solicitor has a secure process [17:11]
6. Strategies for protecting your information [21:01]
7. Svetlana’s method to ensure she got the correct client information [23:04]
8. Tax obligations and legislation for foreign resident capital gains certificate [26:52]
9. Triggers and regulations for land tax clearance certificate [32:07]
10. Two aspects not requiring a land tax adjustment [35:42]

Svetlana Thorpe is a conveyancer at Thorpe Conveyancing. She has been in business in the legal industry for almost 20 years. She has served over 10,000 clients and has always loved helping people by demystifying the process for them.

Connect with Svetlana on her website or her LinkedIn. You can also get more tips and hints on dealing with real estate on her Facebook.

Do you like listening to this episode? Then don’t forget to subscribe, tune in, and share this podcast.

Connect with The School of Renovating: 

Tune in to the She Renovates Podcast

Follow Me on Twitter

Follow Me on LinkedIn

Follow Me on Instagram

Resource Links:

• Downsizing amongst older Australians, Australian Housing and Urban Research Institute (https://www.ahuri.edu.au/research/final-reports/214)

Baby Boomers are now leaving their big, family homes in favour of new, cheaper houses or apartments. You have the opportunity to take advantage of this market. But before you can do that, you’ll need to understand first what more seasoned Australians want when they are downsizing.

In today’s episode, I am going to share some insights from a research on downsizing and my own experiences as well. We will look into what downsizers look for in terms of proximity and location, type and size of the property, and the furnishings. Also, I’m going to unveil two opportunities that downsizers can benefit from.

What we discussed in this episode:

• Research on why older Australians are downsizing and what they want
• Downsizing as a lifestyle change
• What downsizers look for in a new smarter property
• My own experience downsizing and renovating for downsizing
• Two opportunities to earn or save money for people downsizing

This episode is sponsored by our live event, Freedom Against the Odds. Early bird tickets are $27.

Do you like listening to this episode? 

Connect with me on The School of Renovating and tune in to the She Renovates Podcast. You can also reach me through Twitter, Instagram, and LinkedIn.

Download a copy of my booklet, Renovations for Profit.

Thank you for listening!

Are you one of those women who have been wanting to renovate your property so much, but you just can’t count on your partner or someone else for support? You’re in a difficult situation because the lack of encouragement sometimes can burst that bubble of enthusiasm. Most especially if the one who is bursting it is your partner.

In today’s episode, I am joined once again by my fellow active renovator and occasional co-host, Jo Vadillo of Advocate Property Services. We will delve into ways of being able to get your partner on the same page. Also, we will dive into the significance of ensuring you spend time with the people who share the same goals and values as you. 

Jo Vadillo is the Director of Advocate Property Services, providing professional Buyers’ Agent services in Sydney for developers, homeowners, and investors. A fully licensed real estate agent, she also established Property Women, which helps women achieve financial independence through different property strategies.

What we discussed in this episode:

• How to spot the red flags in your partner when it comes to renovation planning
• The right approach in dealing with an unsupportive partner
• Why women should avoid self-sabotage
• What mommy guilt is and how to overcome it
• How to get beyond those done deals which have gone bad
• Renovation planning: How to bring your partner on the same page
• Why it is critical to be selective of the people to share goals with

Do you like listening to this episode? 

Connect with me on The School of Renovating and tune in to the She Renovates Podcast. You can also reach me through Twitter Instagram and LinkedIn.

Download a copy of my booklet, Renovations for Profit.

Thank you for listening!

Renovating is an effective way to increase your profit. However, it can be a risky undertaking. If you don’t strategize properly, you might end up spending more than you are earning.

In today’s episode, I will share with you the science behind maximizing your profits through renovation. I will also talk about the opportunities on how you can increase the value of your property. If you are in the middle of a renovation or about to start one, make sure to listen to the whole episode to save yourself from throwing money down the drain.

1. How to you plan a sound strategy so you can make a real profit from renovating.
2. What is “cosmetic renovation” and how it can increase the functionality of your home.
3. How do you add bedrooms with an existing footprint
4. Remove the redundancy of dining rooms
5. How to maximize space of the old-style bathrooms
6. What is the difference between real value vs. perceived value
7. When do you remove, replace or recycle
8. How can styling add value to the property

Do you like listening to this episode?

Connect with me on The School of Renovating and tune in to the She Renovates Podcast. You can also reach me through Twitter, Instagram, and LinkedIn.

Download a copy of my booklet, Renovations for Profit.

Thank you for listening!