S2E2 - Four Flags That Aren't Necessarily Red

In this episode You've found a property you like, then the building report comes back with a list of problems. Do you walk away? We look at four things that can seem like automatic dealbreakers but deserve a closer look, including inspection findings, loan decisions, easements and termites. Sometimes the real question is what the problem costs and whether you're comfortable taking it on. (00:27) - Red Flag #1 - The 7/10 Property Myth (02:00) - Cosmetic Fixes vs. Real Dealbreakers (Location, Layout, Reno Fear) (03:56) - Moisture, Waterproofing & Using Building Reports to Negotiate (06:18) - Power Shift in Contracts: Cooling-Off, Conditions & Buyer Leverage (09:17) - Inspector Reality Check: When to Walk Away + Avoid Agent-Issued Reports (11:04) - Red Flag #2: 'Expensive' Home Loans - Why Speed Often Beats Rate (16:43) - LMI Isn’t the Enemy: Paying to Get In Earlier (and Buy Better) (23:02) - Red Flag #3: Easements - What They Are & When They Matter (29:21) - Termites 101: Risk, Treatment, Due Diligence & Negotiation (34:23) - Final Recap About First Time Property Investor Thinking about buying your first investment property, or how buying your first home could shape your plans to invest? First Time Property Investor (FTPI) helps you make sense of the choices and trade-offs that come before Investment #1. FTPI Explained breaks down the concepts. FTPI IRL puts realistic first-investor scenarios to the test, showing what changes the decision and why. Hosted by Imtiyaz Rather (Hack Mortgages), Pete Theodorou (Mindset Property) and Skye Taylor (Taylored Property), bringing perspectives across finance, buying and ownership. Need help with your property plans? Whether you're preparing for your first investment property or working out how your first home fits into the bigger picture, we're here to help you work through your next steps. Find the right person to help ➜ https://www.ftpi.com.au Follow FTPI on Instagram More conversations, insights and perspectives from Imti, Pete and Skye. Instagram ➜ https://www.instagram.com/ftpi.pod/