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  • Profile photo of MarcoMarco
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    October 5, 2003 - 1:32 pm

    Thanks Stuart and Smaointe for your help. I shall try both methods now.

    Have a great day!

    Marco

    Pick the excel novice!! ME :)

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    September 16, 2003 - 3:37 am

    Hi Sabina – thanks for the vote of confidence. I suppose the question should really be “How?”.

    I found the tenant, and they found the house. That’s exactly the way Steve teaches it in his tape pack and at the seminars.

    Hope this has helped you!

    Have a great day!

    Marco

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    September 16, 2003 - 3:34 am

    Hi Property Head,

    could you paste the list on the forum? The article you mentioned is locked for subscribers only.

    Cheers,
    Marco

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    September 15, 2003 - 10:47 pm

    Found one last friday fellas!!

    You’re not looking hard enough <grin>

    Have a great day

    Marco

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    September 15, 2003 - 10:44 pm

    Hi Brett, welcome to the forum.
    Do a search for “Adelaide” and “South Australia” and you’ll find a whole treasure trove of information.

    Have a great day!

    Marco

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    September 10, 2003 - 3:58 am

    Hi Feathers,

    I was in the same boat 18months ago that you are in now. Everything seems so easy for all the other states – find a person, get them to find a property, we negotiate etc etc. <grin>

    Here in SA it’s a little more involved. When you do find somebody to do a contract for you make sure it’s bullet proof, rembering that you need it if things turn sour to fall back on.

    I have spent a lot of time money and effort to get my whole system set up to a point at which I am comfortable with it from a legal point of view.

    So, just a word of encouragement – get your contracts set up, and take your time doing it. There are plenty of houses out there and once you have a tenant it’s a long term relationship ahead of you!

    Kind regards

    Marco

    Oh – Win Win situations are the best!

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    September 8, 2003 - 3:13 am

    ahh, I think Rick Otton is coming soonish…

    (sorry Steve!)

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    September 3, 2003 - 3:27 am

    Hi Battz,

    in response to your second point (although not directly in relaion to it <grin>), may I recommend a book?

    The Pig and the Python: How to Prosper from the Aging Baby Boom by David Cork, Susan Lightstone
    ISBN: 0761512756
    Available from Amazon. I read it a couple of years ago and it gives the reader an insight regarding the babyboomers.

    Have a great day!

    Marco

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    August 28, 2003 - 3:14 am

    You may also like to look at the Lutheran Laypeoples League of Australia. It works just like a Credit Union account, albeit no fees at all. They even do cheques for you (FREE)and have a great interest rate. http://www.lll.org.au.

    All transactions can be done over the www. If you have cash it can be deposited at any of the big 4 banks all over Oz.

    Having said that, I think http://www.ingdirect.com.au is also a great idea!

    regards

    Marco

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    August 28, 2003 - 3:06 am

    Just as an addendum to this message, before you go with 3 (www.three.com.au)make sure you understand the way their billing works. For instance you pay for voicemail and it’s not included in your call cap. Just got myself a vodaphone prepaid which has free voicemail but don’t use it make calls. Subsequently I only give people my vodaphone number… a bit of a juggle at times but it works for me :)

    regards

    Marco

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    August 27, 2003 - 4:01 am

    Hi Sach,

    although not strictly speaking on the forum topic, I have just purchased a ‘3’ phone. I base my mobile phone purchases purely on the value of the plan, never the phone. Subsequently I don’t utilise its multimedia capabilities which are very costly.

    If you are *very* disciplined then this phone plan will work for you as they have a $99.00/month bill cap – you could almost do away with your home phone!

    Also, check out http://www.phonechoice.com.au

    Kind regards

    Marco

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    August 26, 2003 - 4:13 am

    I think Dan the Man has hit the nail on the head. Think about it – the Commonwealth bank doesn’t fix the hot water system for you when it stuffs up, do they? So why should you fix your buyers properties??

    Have a great day!

    Marco

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    August 25, 2003 - 3:08 am

    Had the same problem some time ago. Called the local wrecker who towed it *and* paid me $25.00 for the bomb.

    Cheers,

    Marco

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    August 21, 2003 - 4:12 am

    Hi Fizman,

    interesting situation you have there. Interesting to the point that a lot of people are where you are at. I’d say that the people on this forum that are actually investing have also got their spending in check!

    Certainly persue the refiance options, however you may also like to look at your spending as previously advised. If you need help in this area check out what a company by the name of “The Geyer Group” can do for you. Financial coaching, loans, budgets etc. Their phone number is 1300-882-848.

    Remember, this is should be the last option, not the first port of call.

    Cheers,

    Marco

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    August 18, 2003 - 1:26 am

    Hi Johnny,

    do a search for “Adelaide” and you will get all the info you need!

    Cheers, Marco

    PS – why go to a financial advisor? They are only glorified insurance salesmen(IMHO)

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    August 18, 2003 - 1:14 am

    Hi Alf,

    sorry, must have missed your post. I’ve heard that Michael Abrahm is good. 8281-7777.

    Can’t vouch for him as I’ve not used him myself(Mint group client).

    Cheers, Marco

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    August 12, 2003 - 3:14 am

    If you are in Adelaide try this mob:
    Scrumpers Salvage Brick-A-Brac
    29 Hales Drv Lonsdale 5160 (08) 8326 1708

    Have a great day !

    Marco

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    August 8, 2003 - 2:02 am

    https://www.propertyinvesting.com/backissues

    Cheers, Marco

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    August 6, 2003 - 4:15 am

    Hello Argyle610,

    Here is my take on the situation. Investing is the end product of having developed the golden goose that lays the golden egg. What I mean by that is that it’s probably wise to develop a cash producing business first, then use the proceeds to fund your 20% deposits. I know that this doesn’t give you an exact answer to your question, but hopefully the understanding on how I have tackled the issue.

    As far as the low end property is concerned? It’s there…. dig a little deeper [:)]

    Kind regards

    Marco

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    August 6, 2003 - 3:51 am

    Hi Wannabe

    Steve advocates that the tenant is the investment, not the property (so much). To this extent he finds the tenant first, who then finds the property, tells you the investor about it who then negotiates a prices.

    Doing it this way you won’t have a vacant house unless they leave.

    Does that make sense?

    Marco

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