emcdonald: Thankyou! i hope everything goes well too. ill post up here when its all finalised.

Nobleone:

yeah at 130 p/w i would still easily cover costs.

he will be there till the end of the year anyway because he has an employment contract so i doubt that he would want to move or buy another place… all his belongings are setup there and he wouldnt find a nicer place without paying a lot more in rent, so it seems like it will be safe to bet on the 140p/week coming in!

cheers.

Jake

Hey everyone!
its excellent to see so many replies,
and its good to see some other south aussies on the forums!

Thanks to you all for the positive comments [biggrin]

Lucifer_au:
thankyou. i hope to do something ‘business-wise’ in the near future, i have kind of been just sitting for a few months now trying to decide what to do (analysis paralysis), but hopefully i will stop procrastinating and get into action.

MichaelWhyte:
cheers mate! i wish you the best in your endeavours. yes the internet is a great tool when used for good! what is it exactly that you believe would have helped you the most had the www been around earlier?

destined_for_millions:
hey i like your username mate! nice one.
I currently live in St.Peters near the Adelaide CBD but i have been moving out and as of monday, i will be living in a new place at HighGate. Where is the town that you live? is there many opportunities for you there?
The areas i am looking at are anywhere within a reasonable driving distance from Adelaide, say 3 or 4 hours drive. this is because i will be able to view the places easy enough and will keep me semi-within my comfort zone (my comfort geographic[biggrin])
i am avoiding towns along the murray because the prices are somewhat rediculous in places and i think it would be hard to get a good return without a lot of searching and research.
biggest difficulties would be making the right contacts (networking) and finding potential areas to invest in. this has been helped by meeting some people who are successful in the PI field who have been helping me along the way, and have been suggesting potential geographics to look at. also i have been reading and researching PI material (books etc.) for quite a while, which has helped me a lot. its getting hard to write this, as it is getting very long, but feel free to send me a pm and we can chat further!
and; YES!, learning about others is extremely interesting and helpful.

kinks:
hey mate, where did you buy your first IP if you dont mind me asking? where are you looking to invest next?
I have found that most rich/wealthy and successful people are more than happy to help others who are aspiring to thier level or beyond. i figure this is becuase they get a sense that they have really achieved something, and that they are looked up to and respected. theres no harm in asking any questions to these people you look up to. you may be surprised; they might not shutup!
as for a PI group in Adelaide, im not sure, and if there is one i would be very interested to know, so let me know if you find out anything.
i wish you well with your investment journey too mate! cheers.

JetDollars:
thanks for the support mate. i take it you have IP elsewhere? how do you find that SA fairs up against other locations in Australia, in terms of price, returns, tennants, etc.?

byronent:
Thanks mate. another fellow SA resident, good to see!

abbee:
well there are many people whom i admire in Adelaide (business people and property investors etc.). starting with my grandpa whom i admire greatly; he has given me some great tips about investments (though he is a little on the conservative side). his career began with his best friend when they started a furniture business which has expanded into the largest furniture retailer in the state (and possibly others)… see if any of you Adelaide residents can guess the business in question?
as for property investment, one of my friends (though a lot older than me) who has a very successful business introduced me to one of his friends who is an extremely successful property investor. they have then introduced me to one of their close friends who is also their main investment partner. they have both expanded beyond Australia with their property investing. both of these people have helped me a great deal and if you are reading (not sure if you are members here), you know who you are! i cannot thankyou enough!

i better end it here because my fingers are getting sore! hehe.

everyone please feel free to pm me if you like.

Cheers all!

Jake

Hi there Simon,

thanks for the reply.

and cheers for the support mate!

Jake