Hi All,

Thanks for the great replies offering advice. It was particularly good to hear from those of you who have already done this and I now definitely think the idea bears further serious consideration.

Cheers,
Nate

Hi guys,

Steve, your new newsletter format is a breath of fresh air! I’d say it was the most accessible and enjoyable newsletter for ages, so nice one!

I’m pretty keyed up about the opportunity to be mentored by you, have just submitted an application. I bought your first book earlier last year, and took a couple of months to get started, but…[Read more]

I am looking at a recently rennovated unit, which if my offer is accepted will be slightly -ve CF to begin with, at a 15% or so premium to the market rent rate. (I’m hoping to attract a quality tenant with the renovations that have just been completed – new quality carpets and paint, kitchen surfaces & appliances etc).

I hope that rental rates…[Read more]

You CAN resell properties in Monopoly! At least, that was always the way I played it. Nothing as satisfying as buying the last of the green properties when someone else owns both of the others, then trading it to complete the oranges (statistically THE properties to own and develop with 3 houses each for a middle game victory – if you don’t…[Read more]

We have no Ballarat equivalent in SA, and we don’t have the option of wraps to kickstart our investment funds into the range needed to invest in Adelaide. Can anyone tell me if Lease Options are legal in SA? Perhaps this is my best way forward. Or can I wrap interstate properties if I am a resident of SA?

Cheers,
Nate
PS Hi Diane!

But you’re not going to give us newbies any hints are you Fibejebe

C’mon, just a little nudge?

Nate

Thanks bear and Westan,

You’ve pretty much nailed Elizabeth! Rosewood estate was the first and so far only suburban renewal project to happen there, and I had also heard it was sparked by Jimmy Barnes’ callous dismissal of his childhood stomping grounds.

Interesting that you were buying semis for $24k in 97, that would have been at least $15k…[Read more]

I’m also looking in SA, see my recent new topic post regarding Elizabeth. Maybe we could combine heads on this?