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    May 16, 2011 - 7:48 am

    Very interesting reading beedie thanks for that it's good to have my thinking challanged.

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    May 16, 2011 - 4:36 am

    Thanks I will do that in future.  I did say I was looking at a few other properties but didn't ask them to let the vendor know I'm prepared to negotiate still if they change their minds.

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    May 14, 2011 - 9:42 am

    Good idea Scott No Mates and Jamie, thanks for that and yes it's all a bit daunting at the moment but I guess it gets easier each time and it is great to have a forum such as this to get advice and opions from experienced investors.
    Cheers
    Nonnie

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    May 14, 2011 - 2:21 am

    Thanks for all your advice and opinions.  I went back with another offer of $283,000 and it was knocked back again so I have left it for now as there are other properties in the area that I am interested in, I guess I can always go back to them in a week or two if it's still available with a higher offer.
    Cheers
    Nonnie

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    May 12, 2011 - 3:15 am

    Thanks Jamie good advice, I will contact the agent and see what may motivate the vendor before making another offer.

    Cheers
    Nonnie

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    March 31, 2011 - 11:10 pm

    Thanks Jamie, I will certainly do that.  Houses aren't selling that quick there at the moment so I should be able to do this with no trouble.

    Cheers
    Nonnie

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    March 25, 2011 - 1:50 am

    Thanks for your input guys.  I think you're right Matt, I am now suspicious of the tennant payment above market rent.  Maybe I will look at another property or off long settlement as you suggested.

    Cheers

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    March 25, 2011 - 12:59 am

    Hi Matt,

    The lease expires in July and he is paying a good rent for the area.

    Nonnie

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    March 18, 2011 - 12:42 am

       Thanks again Mike for the reports.  Your service is such a generous help to others.  Much appreciated.

    Cheers
    Nonnie

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    March 7, 2011 - 10:51 am

    Thanks for you input TC.  I guess the reason I am looking at Whyalla is that their is quite a bit going on around there now and in the future but also because the rent returns are higher than around Adelaide.  Yes you may be able to pick up a cheap house for under $250K but I can't find anything that would give me more than a 5.4% return.  My strategy is also to buy houses that are under 10 years old for the depreciation benefits and also as they require less maintenance (at the moment).  I are not in a position to maintain them myself so it would be a big extra cost if a property was run down.
    Cheers
    Nonnie

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    October 8, 2009 - 11:58 pm

    Thanks to Duckster and Linar for your comments.  I managed to get the PM to talk to the Insurers and apparently after a few arguments my PM gave them the tenancy application.

    Cheers
    Nonnie

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    October 8, 2009 - 9:15 am

    Thanks I have a copy of the lease agreement, so I will see if the insurers will accept that, however they did stipulate tenancy application.

    Cheers

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    June 19, 2009 - 3:12 am

    Hi Mike,

    Thank you for all your effort and so quick too!  The report is very informative and is a great help.

    Cheers
    Nonnie

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    April 1, 2009 - 10:35 am

    Hi DIYPM

    Good advice thanks.  Yes I know who built the house, so I will get information from them if I can.  If it has been done I shouldn't need to get a pest inspection should I?

    Nonnie

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    April 1, 2009 - 10:09 am

    Thanks Cldy, I'll look into that.

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    March 15, 2009 - 12:58 am

    Thanks Mick and Hany.  The real estate agent advised me there was no fees to pay and no Body Corporate and everyone looked after their own place.  She seemed a bit vague.  I think on Monday I will be investigating further as from what you are saying there at least needs to be insurance and legal access to the property.

    Nonnie

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    January 9, 2009 - 12:38 am

    Wow that's a big discount, a little out of my range though.  Starting off fairly small and I plan to work my way up.  I guess you've got to forget about the ones you miss out on, learn by it and move on to the next one.

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    January 8, 2009 - 10:38 pm

    Well I just missed out on a property yesterday because someone had bet me to it that morning, didn't even get to put in my offer!  So there was demand for that one at least.

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    January 8, 2009 - 10:02 pm

    Thanks for the advice guys, I really appreciate it!

    Nonnie

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    June 27, 2008 - 3:53 am

    Thanks Wealth Accumulator for your encouraging words.  I'm sure once I buy my first property the rest will be a bit easier!

    Nonnie

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