Posts by Mike Mortlock
Set your project up for success with a reliable construction cost estimate
Imagine you are building your dream house. The one you’ve been thinking about for as long as you can remember. The whole family is on board. You know how many bedrooms and bathrooms it needs to put an end to shared rooms and bunk beds. You’ve included a butler’s pantry, and a walk-in robe, and…
Read MoreFirst homebuyers success in this hot market
A parent’s drive to protect and nurture their offspring is an unstoppable force. Humans are, quite simply, programmed for it. From the first moment those insidious little buggers look into your eyes, you are smitten. Suddenly, dreams of early retirement, that Lamborghini and quiet holiday getaways at your beachfront unit must be set aside. You’ve…
Read MoreWhat the MCG Rental Loss Index tells investors
What the MCG Rental Loss Index tells investors
Read MoreShould you invest in Queensland?
We live in the golden age of borderless investing. Remote inspections, locality-based buyer’s agents and other experts, and open access to a range of data and advice. 2021 has proved you don’t need to leave your armchair to invest in property across the nation. So, in an era where literally every market is open to…
Read MoreThe Danger in Errors in Property Insurance
I love a good pub trivia quiz. A few guesses, a few beers, and a catch up with mates. Unfortunately some people apply the same method to working out their property insurance. A bit of a guess, maybe some tips from a valuer, and possibly even an online calculator. The truth is, there’s a bit…
Read MoreDavid Lost Everything A Real Life Case Study
Underinsurance is a real problem for many Australians. Very real. Let’s face it. How do you really know if your assessment of the current building replacement value of your property is accurate? David, a property owner and business owner, thought that his insurance cover was appropriate. At the very least he thought it would be…
Read MoreYou Used an Online Calculator That’s Hilarious
If I asked you to use an online BMI calculator to pick the fittest person out of five people, would you be able to accurately pick the fittest? No, because there are so many additional variables that need to be taken into account. It’s the same with property. Online calculators for property replacement costs are…
Read MorePercentage Of Home Owners That Have No Insurance At All
If there’s one silver lining out of the arduous lockdowns experienced during COVID, it’s that the rate of house break-ins has dropped. As painful as they have been, stay-at-home orders have correlated with an average 37% reduction in crime around the world, according to an international study endorsed by the University of Queensland. It’s a…
Read MoreHow Professionals Keep Up with Construction Cost
Maintaining a successful career as a recognised specialist requires constant improvement. You certainly wouldn’t want your brain surgeon to have finished their residency in 1980 and then thought, “That’ll do for study – pretty much got it nailed I reckon!” But it’s not just about keeping your licence, registration and training up to date. Being…
Read MoreMitigating Your Development Risk with a Comprehensive Construction Estimate
Have you ever noticed on TV house renovation shows that they rarely talk about the budget? Sure, they look at what price they want to get at auction and how much increase that is over the original purchase price (conveniently excluding oh so many costs along the way), and every now and then they rejig…
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