podney wrote:
Hello all, I have a brief question on vendor finance in Adelaide, Is it legal to do this here as I have heard various answers. Is it just called something else here or is it the only state that does not allow. I dont understand why we would not be able to provide to people the same help as other states around Australia.We have a…[Read more]

please remember it is not just a % of the rent the property manager gets.look carefully at your contract, there will be fees for relet, often 1-2 weeks, advertising for new tenants, postage etc.a good property manager is worth the fees but a bad one will be expensive.    

if you do an internet search you will discover a great deal about the company. lots have been discussed on this forum too.wise to be careful.  wiser to get professional and independent advice.good luck.

this sounds like serious… certainly a scam. quite possibly worse.how did this bloke find you?run fast. you could bring it to the attention of the authorites too. i doubt the bloke and his 8 mates are legitamate in any sense of that term.run and get some quality advice from others who will not charge anything like $45000, or make claims that are…[Read more]

that reply got mixed with my comments.hope this helps.regards.

carlin wrote:
this is a common situation and a potential minefield because of all the complexities around the issues.please get expert professional advice before taking any further action.have you spoken to all your other family members potentially effected by this situation?has your mother still got full capacity to make legal decisions? have…[Read more]

these seminars are often more show business/entertainment than education/knowledge/information.lets also be plain, history has shown some of the individuals to be cons and worse.go for the entertainment if its free but keep your money and pen in your pocket.make your decisions in the cold light of day and based on facts not promises and…[Read more]

walk away and find something you can afford.

hi jamby.do you have landlord insurance?then your agent should be following up with that.regards.

welcome to oz!good to have passion and dreams. need i think expert independent financial advice first and a plan.this will include taxation issues and any issues re centrelink etc.plus you may want to revisit the uk too so allow money for living and emergencies.you are 32 and 30, so young and plenty of time. does your wife work? it may help to get…[Read more]

re NRAS, would any of the builder/developers like to tell us what inducements were offered by the govt to participate in this venture?was it cheap land for example, or something similar?certainly the new builds appear to be on small blocks or are in high density type of arrangements.some have suggested that some properties seem to be priced…[Read more]

well said michael.i find it incredible that people would ask for that sort of money, and sad, in fact dangerous that anyone would pay it!!this company obviously targets novices?please be carefully with your hard earnt money.please consider value.please get expert advice. i doubt it would involve paying anything like the amounts mentioned…[Read more]

taza with all due respect, may i say the following,great you enjoyed the social event and hotel provided,but have you wondered who paid for the hotel and gala event??good luck with your investing, keep us posted.regards. 

i tend to agree with the previous poster.you said you paid less than the property was worth. why would the vendor want to assist you further.good luck with your purchase.just out of interest why did the vendor sell for less than it was worth?regards.

tell me, do you feel lucky?i doubt they will do a door knock but all sorts of matching data goes on.plus you would be unwise to think people do not talk, and it is surprising how often this happens.regards.

what is a PITA tenant?how long is the tenant lease?is the property being professionally managed? If so are you working with the leasing agent to gain access, or simply via the vendors agent?the tenant is entitled to a period of notice re open inspections etc, has this been done?the leasing agent must have had access to do inspections? what do t…[Read more]

this is a fairly new rule i think. there is also something about salary sacrificing to super which is also now added back to calculate taxable income when calculating some centrelink benefits?goodness knows what the henry tax review will come up with?regards.

so from what you say there has been no sale/settlement? it would appear commission would not have to paid.marketing costs maybe, it would depend on the contract details.has the time expired for the sale agreement? will you list with another?good luck with this, i hate seeing this behaviour which seems to be common amongst some agents.certainly do…[Read more]

hi dr house. sorry you had this experience. never heard of no agent website, but i have known agents will ask private sellers to list with them.pity you signed with them. did you sign and agree to the sale price? if it has been sold and settled then i suppose you have?how long was the sale agreement for and which state?was the price along way…[Read more]

the agent was not a friend in my opinion and has acted unethically and probably worse!off the plan has had a lot of bad press and no wonder.  i hope things improve for you.regards.