Discover why waterproofing is regarded as the "eighth wonder of the world" in property management with our remarkable guest, Cleo Withear. With a wealth of experience spanning over 15 years, Cleo sheds light on the intricacies of waterproofing, sharing her journey from navigating challenging rooftop scenarios to understanding the hefty costs associated with non-compliance and aging buildings. As the trend of house flipping continues to rise, Cleo explains why waterproofing has become a crucial yet often overlooked aspect of property management.
Join us as we delve into practical advice on spotting potential waterproofing issues when purchasing property, such as bubbling walls and problematic terraces. We also explore the financial implications this can have on strata plans and owners' corporations. But it's not all doom and gloom; Cleo highlights effective temporary solutions like those offered by Mega Seal and the Shower Repair Center, which can help mitigate damage in older units. This episode is a treasure trove of insights for anyone involved in property management or considering a property purchase, offering solutions to tackle one of real estate's most pressing challenges.