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“So, if you are going for a loan at the moment, or if you anticipate in the next month or so, go this fortnight before that raise because you'll actually be assessed at a lower rate. So you need to understand that if you want to borrow money and you think you're a bit too close, get in sooner rather than later.” - Louise Lucas
EPISODE HIGHLIGHTS:
00:39 Meet Louise Lucas
02:23 Supporting Wonder Woman financing
03:33 The complexity of current lending rules
04:00 Know which lenders are assessing rental income at higher percentages
06:32 Louise's knowledge and contacts in the banking industry
07:00 Recent interest rate rise and Louise's Insights
09:15 Advice for those seeking loans
11:00 Using rental statements to help get loans for renovation projects
12:55 Discussion of the buffer and its impact on mortgage payments
16:51 Borrowing with friends or family members
18:45 Structuring investment partnership
20:37 The reverse mortgage strategy for renovating retirement
25:23 Having a buffer account for emergencies
27:00 Strategies to deal with negatively geared properties
Resources
Louise Lucas - Website
https://propertyed.com.au
The School Of Renovating
https://www.theschoolofrenovating.com
She Renovates Podcast
https://www.theschoolofrenovating.com/podcasts-page/
Connect with The School of Renovating
ASK BERNADETTE
https://www.theschoolofrenovating.com/podcasts-page
Subscribe to She Renovates Apple Podcast
https://apple.co/3faoWlT
Subscribe to Youtube:
https://www.youtube.com/c/TheSchoolOfRenovating
Follow on Twitter
https://twitter.com/renovatingsc
Follow on Instagram
https://www.instagram.com/the_school_of_renovating
“We love property and we love making things beautiful and creating beautiful spaces for family and friends, but also us.
It's really important that we connect with nature and we paint with no toxic paints and we everything's done in a really natural way.”
-Amali de Vos
EPISODE HIGHLIGHTS:
Resources
Airbnb
The School Of Renovating
Connect with The School of Renovating
ASK BERNADETTE
https://www.theschoolofrenovating.com/podcasts-page
Subscribe to She Renovates Apple Podcast
https://apple.co/3faoWlT
Subscribe to Youtube:
https://www.youtube.com/c/TheSchoolOfRenovating
Follow on Twitter
https://twitter.com/renovatingsc
Follow on Instagram
https://www.instagram.com/the_school_of_renovating
In this episode of She Renovates, Bernadette Janson shares her insights on working with millennials to renovate properties. Join her as she discusses the benefits of collaborating with younger family members to accomplish a shared goal. By sharing her personal experiences working with her children, Bernadette highlights the value of finding each person's strengths, skills, and preferences to make a project successful.
Discover how each renovation project brought unique challenges and how each child brought their own unique perspective to the process.
Listen as Bernadette discusses the benefits of intergenerational projects and the potential outcomes that can come from them.
EPISODE HIGHLIGHTS:
00:00 Intro
04:41 Importance of building relationships during renovation projects
05:56 Stephen's retirement and decreased borrowing capacity
08:30 Consider the amount of work before starting a project
09:37 Importance of proper insulation installation
11:23 Our approach to this project involves both DIY and trades
13:14 Importance of budgeting for Trades
16:26 Meeting a Lady on TikTok
17:40 Upcoming Webinar: Renovate Your Retirement
Resources
Renovate Your Retirement Workshop
https://members.theschoolofrenovating.com/renovate-you-retirement-workshop-may-2023
The School Of Renovating
The Avocado Smash Strategy
Connect with The School of Renovating
ASK BERNADETTE
https://www.theschoolofrenovating.com/podcasts-page
Subscribe to She Renovates Apple Podcast
https://apple.co/3faoWlT
Subscribe to Youtube:
https://www.youtube.com/c/TheSchoolOfRenovating
Follow on Twitter
https://twitter.com/renovatingsc
Follow on Instagram
https://www.instagram.com/the_school_of_renovating
Are you interested in creating a profitable income and lifestyle through renovating?
In this episode, you will learn how to turn your family home into an asset that generates income to help you build a better future, help your kids, and secure a comfortable retirement. You will also discover the steps to take when considering downsizing your family home, including renovating your home, presenting it in the best way possible, and finding smart ways to age-proof it.
Tune in to learn more about the secrets of turning your family home into a profitable asset that will secure your financial future.
“Be open to potential and follow your interest to your strengths. So my strength is renovating, and so everything I do, it relates to renovating and it's created a rich life for us”
- Bernadette Janson
EPISODE HIGHLIGHTS:
Resources
Renovate Your Retirement Workshop
https://members.theschoolofrenovating.com/renovate-you-retirement-workshop-may-2023
The School Of Renovating
Airbnb
The Avocado Smash Strategy
Connect with The School of Renovating
ASK BERNADETTE
https://www.theschoolofrenovating.com/podcasts-page
Subscribe to She Renovates Apple Podcast
https://apple.co/3faoWlT
Subscribe to Youtube:
https://www.youtube.com/c/TheSchoolOfRenovating
Follow on Twitter
https://twitter.com/renovatingsc
Follow on Instagram
https://www.instagram.com/the_school_of_renovating
In this captivating episode, Bernadette Janson, founder of The School of Renovating shows how problem-solving helped her close a recent deal that generated an impressive profit of over $700,000. Not only that, she took this seemingly impossible deal to its culmination in just 30 days, without the need to carry out a development, or get any finance!
The tale starts with Bernadette’s purchase of a house and granny flat on a large block in Western Sydney, as part of a land-banking strategy with the intention to develop at a later date.
Because the long-term rental return wasn’t satisfactory, Bernadette researched the property’s potential for short-term rental. Although the property was neat and tidy but otherwise unremarkable, she listed it on Airbnb. Because of its size and location, it did very well - even accommodating a number of Olympic sporting teams.
When it came time to develop the property, Bernadette found that the rules had been changed by Council, rendering her project impossible.
The council specified I needed a frontage of 22 metres. Now most properties in that suburb have frontages of about 18 meters, so that put an end to developing it into townhouses unless I bought another block. I pride myself on being able to turn lemons into lemonade. - Bernadette Janson
Bernadette describes her thought process. If she could convince the neighbour to sell his property to her, she would have two blocks side-by-side, ideal for a development. Despite her experience, Bernadette sensed that the help of male negotiator would help her get the deal over the line, so she engaged a professional.
When the neighbour agreed to sell, Bernadette worked furiously with specialists to find a developer to buy both properties before she even had to settle on the neighbour’s house. As the episode unfolds, the deal comes to its nailbiting conclusion with even more twists and turns.
Listen to this episode and be inspired as Bernadette demonstrates the power of creative thinking, a positive attitude, and wisdom to get a very big deal over the line.
EPISODE HIGHLIGHTS:
Resources
Renovate Your Retirement Workshop
https://members.theschoolofrenovating.com/renovate-you-retirement-workshop-may-2023
The School Of Renovating
Airdna
Airbnb
Connect with The School of Renovating
ASK BERNADETTE
https://www.theschoolofrenovating.com/podcasts-page
Subscribe to She Renovates Apple Podcast
https://apple.co/3faoWlT
Subscribe to Youtube:
https://www.youtube.com/c/TheSchoolOfRenovating
Follow on Twitter
https://twitter.com/renovatingsc
Follow on Instagram
https://www.instagram.com/the_school_of_renovating
In this episode, Bernadette interviews Angela Counsel, a leading naturopath and menopause medical coach, on the topic of menopause.
Angela emphasises that menopause symptoms are not always the sole cause of discomfort in women during this stage.
Instead, menopause can bring underlying issues to the surface because the hormones that once provided a protective barrier are now decreasing.
Angela offers practical advice to help women navigate menopause with ease and highlights the importance of embracing this time as an opportunity for personal growth.
“We blame a lot of things on menopause. It's not always menopause. Quite often there's something else going on, but what's happened is menopause has brought these things up because our hormones are messengers and they are protective, and so they give us a protection, which means that we can get away with a few things in our younger years. Then as we lose the protection, the things that we haven't been doing quite so well for our body starts to come out.”
-Angela Counsel
EPISODE HIGHLIGHTS:
Resources
The School Of Renovating
Free 5 Days Online Workshop
Menopause Conversations
Connect with The School of Renovating
ASK BERNADETTE
https://www.theschoolofrenovating.com/podcasts-page
Subscribe to She Renovates Apple Podcast
https://apple.co/3faoWlT
Subscribe to Youtube:
https://www.youtube.com/c/TheSchoolOfRenovating
Follow on Twitter
https://twitter.com/renovatingsc
Follow on Instagram
https://www.instagram.com/the_school_of_renovating
Welcome to Episode 202 of our podcast, where we take a behind-the-scenes look at the 2023 Wonder Women Retreat, an exciting annual event designed to empower, educate and inspire women through property and renovating.
The Wonder Women Retreat provides a creative and inspiring space for women who love to renovate and create profitable projects with property and Airbnb.
The retreat brings together a supportive community to build a brain's trust with, develop lifelong friendships and engage in joint ventures.
James Burgin, the retreat event manager also joins the conversation, and shares how the perfect venue for this year's retreat came about as well as some of the local highlights we will be experiencing.
The team also discussed highlights of the five-day program and why this might be the perfect opportunity for you to jump in to power-up your renovating journey.
Join us to learn more about this inspiring and empowering event.
“I don't know anyone else who presents an event like this, something that's specifically designed for Renovators and Airbnb hosts. The community event is an opportunity to share with other women (and a few good men!) who are doing extraordinary things and realising their passion for creating beautiful homes”
-Bernadette Janson
EPISODE HIGHLIGHTS:
Resources
Wonder Women Experience
The School Of Renovating
Connect with The School of Renovating
ASK BERNADETTE
https://www.theschoolofrenovating.com/podcasts-page
Subscribe to She Renovates Apple Podcast
https://apple.co/3faoWlT
Subscribe to Youtube:
https://www.youtube.com/c/TheSchoolOfRenovating
Follow on Twitter
https://twitter.com/renovatingsc
Follow on Instagram
https://www.instagram.com/the_school_of_renovating
In this podcast interview, Bernadette Janson speaks to Katrina Lumsden about how holiday home owners can use social media to boost bookings. Katrina, who is an interior designer and property investor, shares her expertise on Instagram and Facebook, and the importance of the human connection these platforms provide. She emphasizes how Instagram can offer an opportunity to connect with potential clients, particularly those in the older demographic who are still using Facebook.
Throughout the interview you will pick up useful tips and insights into how to utilize social media to elevate holiday properties and attract more bookings.
“Obviously you want to have a lot of followers because the more followers you've got, the more people eyes you've got on your business and on your property. But it's more about the engagement and the way that you're connecting with the people that you actually have within your community”
- Katrina Lumsden
EPISODE HIGHLIGHTS:
Resources
Katrina's Website
https://www.studiohaven.com.au/holidayhomesocials
The School Of Renovating
Studio Haven
She Renovates Podcast
Airbnb
Connect with The School of Renovating
ASK BERNADETTE
https://www.theschoolofrenovating.com/podcasts-page
Subscribe to She Renovates Apple Podcast
https://apple.co/3faoWlT
Subscribe to Youtube:
https://www.youtube.com/c/TheSchoolOfRenovating
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
The She Renovates podcast, hosted by Bernadette Janson, is a source of inspiration and information for women who want to turn their passion for renovating properties into a profitable business. The podcast covers a range of topics from renovation and development strategies to business and finance advice.
In this celebratory 200th episode, Bernadette is joined by James Burgin and Elizabeth Gordon to discuss the podcast’s evolution, the challenges of renovating and developing properties, and the benefits of the education provided by The School of Renovating...
The podcast has become a popular resource for women looking to create a better future for themselves and their families through property renovation and development. Bernadette, Eilzabeth and James highlight the importance of empowering women to take control of their financial future and share valuable insights and tips for successful renovation projects.
“The podcast is a great way to not only learn some tips and tricks, but also to get some insight into what it involves. That's why we try and share the good and the bad and the ugly so that you get a really good understanding of, what it's like to actually be a full-time renovator.”
-Bernadette Janson
EPISODE HIGHLIGHTS:
Resources
The School Of Renovating
The Avocado Smash Strategy
Maggies at Trentham episode
Danielle Chiel episode
John Lindeman
https://lindemanreports.com.au
In this episode, Bernadette walks listeners through the steps she would take to make decisions about how to maximize the performance and value of a four-bedroom, two-bathroom investment property in Grovedale, Victoria. Before diving into the property, Bernadette discusses an upcoming roadshow that will be touring Australia to help women make savvy property investment decisions. Bernadette then discusses the importance of research and determining whether a renovation should focus on increasing equity, cash flow, or both. Finally, she talks about the importance of desktop valuations and analyzing comparables to support property valuations.
“If you are gonna make decisions that you'll spend money on, you need to dig down further and get more concrete numbers as to what you can expect.”
-Bernadette Janson
EPISODE HIGHLIGHTS:
Resources
The School Of Renovating
Real Estate
Airbnb
Flatmates
https://www.flatmates.com
AirDNA
John Lindeman
https://lindemanreports.com.au
Connect with The School of Renovating
ASK BERNADETTE
https://www.theschoolofrenovating.com/podcasts-page
Subscribe to She Renovates Apple Podcast
https://apple.co/3faoWlT
Subscribe to Youtube:
https://www.youtube.com/c/TheSchoolOfRenovating
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
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