Andrew Nicholl

speaker

9,635 appearances 125 recordings 1 series first heard Apr 2026 last heard yesterday

Andrew Nicholl’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 125 in all, peaking in Jul 2026 with 29.

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The Property Academy Podcast · Every Invoice I Paid Buying A House | The Hidden Costs Revealed · 9 Sep 2026 podcast

And then I pay it, and then I think, oh there, gotcha.

Yeah, you didn't get to use my money, did ya?

And then I get my next one straight away and it aggravates me so much more.

Yeah, but how many later?

I think one of the other things that people don't think about is is the money that you spend on properties that you don't end up buying.

Now, I kind of think that's okay.

Like if you're seriously doing D D on a property and you get a building inspection that says this property is a hundred years old, it's about to fall down.

Well, so what that you paid a thousand dollars.

Better that then you then you lose a hundred thousand dollars when it falls down.

But some people do find that quite frustrating, especially if they

are going to like an auction where you spend a whole bunch of money, you spend a couple of grand, you get very excited, go along to an auction, you lose, and now you've got to do the whole thing again.

spread is?

I'm guessing that it's a margin in the transaction that allows for the person conducting it for you, your broker, to be able to buy and sell with a bit of movement.

the the the cost, if you get it wrong, by the fines from a tenant, they're pretty significant.

So I I wouldn't want to roll the dice and and assume that you and I could appropriately measure the size of the uh

In Opus Plus, we we have a default for setup costs of $4,000.

Now, sometimes people think, oh, that's too low.

But it's $4,000 that we're we're recommending often people add on to the loan and then they might get another $4,000 from the bank.

Now that does make that assumption that you are getting a cash back.

If you're going to a non-bank lender or you're borrowing at a high LVA, you might not get that money.

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