The Adelaide Real Estate Investors Group AREIG meets on the 2nd Tuesday of each month. So far we have over 50 on our email list, with a meeting attendance of over 20, comprising of a good mix of new & experienced real estate investors. We aim to make the meeting interesting by having a couple of guest speakers to talk about subjects of interest to…[Read more]

G’Day Learn&share, Why dont you email me for details of the July 13th Meeting, come along, there are several members you can talk to about Elizabeth area. Regards Summo

Hi Redwing, Ive come to the conclusion that things are slowing down, after driving around the local area a bit lately & seeing the same props for sale 4 ages. A few sales I know of went below the asking price & one real good reno was withdrawn from market after two price reductions. I think a lot of props on the market at the moment are overpriced…[Read more]

Hi Guys, c’mon, surely the is some landlords who have used clauses to good effect.
Regards Summo

G’Day Cobra,
I’ve just had a claim for non payment of rent to CGU. The premium is about the same, the maximum payout is $3000 with an excess of $500. This does not cover cleanup, rubbish disposal,gardening unmalicious damage & carpetcleaning costs altho this can be taken out of the bond first before it impacts on the $3000. Further comparisons…[Read more]

G’Day Kay & Acey, Unfortunately the tenant has already done the runner despite all the pre lease signing checks & L/L Insurance will only cover part of outstandings. I dont think anyone would knowingly lease a property to someone they suspect would not pay the rent. My reasoning is once bitten twice shy, learn from your mistakes, and put in the…[Read more]

Rubberchook, if you cant say something constructive, why bother. Have you done the Navra seminar? Can you talk from experience? If so give your appraisal of it, so we can all learn from your opinion. If not, then the low cost, high value WILL make all the difference to you when you book, I suppose.

Hi Derek, I too did a two day Steve Navra course last year which was very informative & thought provoking with a diiferent slant on RE investing & indeed investing in general. He focused on your investment dollar being used six different ways to maximise growth. He also concentrates on the use of cash bonds to allow the use of achieved equity to…[Read more]

Thanks Chan$, a good suggestion. Anyone who wants more details of a full day seminar in Adelaide on 27th March can email me [email protected] if you are interested. We have now achieved minimum numbers so it is a goer. C’Mon you croweaters lets support this seminar and a lot more will come our way. Regards Ray

Hey Rubberchook, instead of snide comments, why dont you do something constructive like making a suggestion or two about how to make a post to let people know about a good educational seminar with low costs & high value. That way we can all learn something.Why dont you come to the seminar? You seem to have a lot of knowledge about Adelaide, I…[Read more]

Admin, I am the organiser of the Adelaide Real Estate Investors Group. We are trying to get the numbers to enable this seminar to get under way. Can you advise me of the best way to let people on the forum know, so we can achieve our aim bearing in mind if numbers aren’t forthcoming by tomorrow it will be cancelled? Regards Ray Summerton

Hi Rubberchook,
No commission, I believe it is good to let people know when something good is happening which will help them in their quest to achieve financial independence thro real estate investing, and at a reasonable cost too I might add.Regards Summo

Hi Bear, Try Adam Internet in Adelaide, they have different plans to suit differing usage at reasonable setup & ongoing rates. Regards Summo

Michael, Adelaide REIG meets the 2nd Tuesday of each month at the above address the next being on the 13th of January 2004.(Slapped wrist for Bear []) Email me [email protected] & I will send you some info.
Regards Summo

Hi Xenia, the meeting was really good. We covered lots of interesting topics. It was decided that details will only be available to those who
attend. Around 20 from all areas of RE investment were there. Meetings are 2nd Tuesday of every month the next being 13th January 2004. Please send me an email & I will send an introduction form, download it…[Read more]

I have seen lots of posts asking “where can I find + cashflow properties?” To me this is an ideal opportunity for new investors to get started or get their feet wet, with a low output but good returns. I think there should be more of this. Great stuff Bear
Regards Rayss

Thanks for your replies, however now that interest rates are increasing, housing costs are at an all time high, and young couples are chasing the ever increasing deposit and not being able to make it, more people are entering the rental market. Areas other than Sydney & to a lesser extent Melboune, have a low vacancy rate.I have relet 4 properties…[Read more]

Hi Robinhood, I too use Property Manager Pro. It is very good as it prints out a complete Income, Expenses, Profit & Loss for each property for each financial year as well as initial purchasing costs and also a Capital Gain schedule. However, all the programs i have looked at require accurate information input. Experience has shown that it is…[Read more]

Thanks Johnny, So far its looking like twenty or so have indicated they will be coming, which is great.I dont know why but Adelaide seems to be overlooked when the easterners talk about investing in real estate. Information providers dont bother with anywhere else but Melb Sydney Brisbane & Perth.And some of the seminars only happen in the Eastern…[Read more]

Johnny, It is hard to estimate numbers but 15 to 20 or more would be good. Give us a chance to work out what is the likely future agenda & topics of interest, and link up with others with similar experience.
Regards Ray