Read widely and beyond positive cash flow properties.

To answer your question, it is more normal to charge than not to charge. I run a property management agency and mostly do not like lease renewal or letting fees. I like to negotiate one up front fee with clients that's both transparent and fair.

Make sure you have landlord's insurance

Michael,  I will surely consider it if I'm in Melbourne, I do travel every now and then. Would love to have you in Adelaide, I can organise for a group of us from these internet things to go out for dinner and network in person. Could be fun XX

she is a little dynamo! I just love seeing young people doing so well.

Hi JazMost agency agreements would have an authority for the pm to act on your behalf for repairs. That does not excuse them knocking back a request for a follow up call to you. I prefer my managers not to contact me at all, just manage the properties and do what they need to so that I can get on with other things. X

Force??? You can't force anyone to do anything! With developments we have done, if it states something in the contract that we don't want or would prefer different, we just ask. Can you please give us a quote on the additional cost of adding an under coat? I did not notice previously that it was not included but would like you to do it this way!…[Read more]

Time is much much more important and much more valuable than money! I have an agent's license and can sell properties any time and also list on realestate.com.au which is a much  better site, however I outsource the sale of my own properties to other agents so that it can save me TIME!!!

Poor property management was the reason we sold all our properties in Invercargill! Just shocking!!!

Our next investing network meeting will be about the Adelaide real estate market. Anyone who is interested is invited to come along and listen to the experts. Please email me xenia@adprop.com.au for details.

We rent and manage around 20 student accomodations at the moment. Not units, but normal residential property that is rented out by the room. We have a brochure on our website that you might like to look at. http://www.adprop.com.au . Otherwise email me xenia@adprop.com.au and I can send it out to you.

My view might be a little biased since I am one of the lecturers there but I think the course is well worth doing if you are after a good fundamental understanding in real estate. I aim to attend seminars where I can as well as reading  books. Life long education is a must for property investors.

I think that's great news! I think the whole scenario just reflects the "tall poppy" attitude of the society we live in. If a poor person had been caught with fraud it would not have been anywhere near as bad!

You can report them to the real estate institute or the office of consumer affairs. There is no list!

freeman cooper wrote:
Hi All, I have One thing to say about Jamie peddling his wares. Show us your guarantee. He says that we can achieve great things if we pay to do some course, prove it and guarantee it, unconditionally.

Can a gym gaurantee to make you fit? What I'm seeing here is alot of fat people blaming a gym for their own lack of…[Read more]

We can help with both a PM and Buyer's agent in Adelaide

Yes I agree, stay out of the market in winter! It limits the competition for the rest of us

Hi One book is just one persons method… Keep reading….The wrong method is actually doing nothing. Congratulations for buying a property and many many people made lots of money on just capital appreciation myself included. There are benefits and flaws to every method so I don't think you have done the wrong thing!

Where are your Adelaide meetings?

Interview??? You should have a comrehensive and SIGNED tenant application form. The signature is required to check their details on tenant default databases such as TICA and NTD. I can spend a whole day going through important questions and why you should ask them. Tenant selection is important. The worst tenants we have on our books are the ones…[Read more]