Hi Michael,

Theres the Adelaide Real Estate Investors Group which was formed about 3 months ago. We meet on the 2nd Tuesday of every month (next meeting is on the 13th Jan 04) at Cafe De Val (Cnr Pultney and Pirie Streets). Its a great group for networking. Ray Summerton is our Chairperson, he normally posts a reminder about the meetings in the…[Read more]

HI Dragon,

My parents invested in a Defence home a few months ago and you’re right, prices do seem inflated, its definitely NOT postitive cashflow and they are puttin in a significant amount extra to cover the loan costs each month. Plus there are management fees which is i think about $1500 per year (not 100% sure). But good thing is its…[Read more]

Hi Charchie,

I would also very much appreciate a copy of your spreadsheet. Thanks a million []

kim_matthew03@hotmail.com

We’re building a house at the moment and from what we’ve been told by the bank, you don’t receive the FHOG until building commences so ANUBIS is correct.

Kim

Hi Ray,

Looking forward to our 2nd meeting…..should be very informative.

See you all tomorrow night.

Kim

Thanks for all your help everyone.

Will check all suggestions out.

Regards,

Kim

Hi Kelvin,

Could you email me one too please []

kimtruong81@hotmail.com

Thanks.

Kim

Hi Fudge111,

I’d love a copy too if you could please.

kimtruong81@hotmail.com

Thanks

Hi there guys,

I’ve been using EasyStreet which offer 4.8% (was 5% up until a few months ago). There are no hidden fees and is very easy to set up. The only thing is that you need a minimum $1000 to start the account up. Have been pretty happy with them so far (its been a couple of years) but my boyfriend also has an account with ING Direct which…[Read more]

Hi Skater,

I’ve only heard bad things about Devine Homes.

I’ve had a couple of people tell me that when they went to find out more about it, apparently what happens is that you pay no upfront fees but as soon as they start building, you pay these weekly repayments which do not get deducted from your “mortgage”. All that money that you pay when…[Read more]

anyone can email me anytime at kimtruong81@hotmail.com

Hi Guys,

i’m from adelaide too……only starting but been doing lots of research and am ready to buy our first IP, we are building a house at Evandale at the moment…..

Summo, i received the seminar invite from Rick Otten too, unfortunately we just purchased our tickets yesterday cause we couldn’t find a third person…..i should have…[Read more]

I’m an Environmental Health Officer – inspect food premises such as restaurants and hotels etc

Hi,

I’m from Adelaide myself and my partner and i have been looking for an investment propery/first home for the last 6months. Everything thats around abouts our budget is gone or goes for ridiculous amounts at auction so we’ve been unlucky so far. We’re looking at the eastern suburbs like Magill, Kensington, Rosslyn Park etc.

Where abouts are…[Read more]

Hi, thanks for the advice guys………….the way you understand it is that we could still qualify for the FHBG even if we take the loan out as an investment property??? Well then the bank we went to is either not too knowledegable on the the topic or is telling porkies! He told us that if took the loan out as an investment property, we would not…[Read more]