Carlin,Which state are you in?

Terri Scheer are without a doubt the most comprehensive policy I have ever come across. Its $265 per year per property, and there is multi property discount so it goes down a bit too. They just pay out in more cases than bank related products. If you are privately managing, the best one I have seen was through SGIC, but of course have not made a…[Read more]

oh and FYI, you can get out of any contract in SA with either 60 or 90 days written notice depending on the type of contract used, in most cases you can get out earlier by speaking with the principal of the business. Hope that helps!

Hi David4000,I wasnt even aware Debbie was doing this, but I would recommend her too. I started a post myself about this exact problem a few weeks ago, and was overwhelmed with the response, check it out here: https://www.propertyinvesting.com/forums/property-investing/general-property/4338597 I am based in Glenelg, but have 2 properties out that…[Read more]

OHMYGOODNESS!!!!I am just overwhelmed by all of these comments, thank you so much everyone for putting in such great responses, this is such a big help to my business, and it certainly seems as if a common thread is developing here…I am also pleased, as it seems that the things that have annoyed you, I already have systems in place in my…[Read more]

You cant guess what the market will do. You can only find a way to make money in the current market, and any capital growth you get is just a cushy bonus (re your idea of holding it long enough)I am a big proponent of just getting into the market, but research how you can make money in this marketplace, and dont dwell too much on what will happen…[Read more]

Meg,Even though it is now a moot point, you had it right, it is definitely the responsibility of the tenants to have contents. I think it could differ from state to state, but in SA, we have it in our leases that we advise tenants to get contents insurance.Shame on your property manager for getting that one quite so wrong…Good luck!

Just remember you get what you pay for! I know I am biased a bit, but having been on the other end of it too, going for the cheapest property management fees was a painful lesson to learn…The most important skill you need to look for, is a PM who does what they say they will. If their voicemail says they will get back to you by the end of the…[Read more]

Hi Johk,Just to put more bad news into your costs, property management is a little bit more expensive than just the 8%. I am not sure which state you are in, but in SA, there are varying other costs on top of the 8%, the main one being the letting fee, which is charged at the beginning of the tenancy, and can be quite painful. There are solutions…[Read more]

If you make it clear how powerful word of mouth can be, I am sure they can be persuaded to let you out earlier, if you speak with the principal of the agency, not the property manager. I know that I don't care if my clients have a 2 year agreement with me, first of all I want to know if I can fix the problem, if not, I would much rather let them…[Read more]

oops im sorry i forgot to say how much…I think we'd be happy to let these go for $199 for the pair, will get you 50% off the current price! Msg me if you have an offer!

I have two cheap tickets if anyone wants them? I purchased these last year for $298, but holiday plans have intervened, so we cant make it. Emy from PI has said they are definitely transferable. The conference in Melb last year was amazing, but I'm pretty sure Skydiving all weekend in Cairns will be more fun!Perhaps not so good for the future…[Read more]