Originally posted by magnetman:
Originally posted by Dr.X:
Both of these methods are described in detail on my website (too long to repeat here).

Looks like your explanations aren’t on your site either…pages under development [confused2]

It’s up and running now [biggrin]

Investment Property Management
http://www.adprop.com.au

No! Last one I bought was eight years ago, the market now is such that you need to get creative to achieve a positive cash flow situation.
We achieve this by buying good properties in growth areas and using strategies such as lease options or multi-tenancies to increase the cash flow. Both of these methods are described in detail on my website…[Read more]

Investors clubs usually exist to sell people properties. There is nothing wrong with it if that is what you are looking for.

If you are just after information an investors network group may be better. We run one in Adelaide, you can join through our website or just email me!
(no properties sold there, just information)

Investment Property…[Read more]

I have a couple sitting on my desktop. If you email me, I would be happy to attach one for you, I think they are in an excel format [biggrin]

(please send email to xenia@adprop.com.au, not a private message please, I don’t check those every day).

Investment Property Management
http://www.adprop.com.au

It is an innovative way to sell properties and to get your full asking price. It is also a win/win solution.

My website could give you some input, we do it as a business in SA.

There are no pitfalls if done properly, the only considerations from the sellers point of view is that:

You put a cap on capital growth, so if there is apprecaiation in…[Read more]

Well Put guys. Great stuff [biggrin]

Love your web site too!

Investment Property Management
http://www.adprop.com.au

I would just go back to the lease agreement and point out that providing a modem of any sort was not part of that agreement. The tenant can install it if he wants and take it with him but you have nothing to do with it.

Investment Property Management
http://www.adprop.com.au

We do everyday WC

Investment Property Management
http://www.adprop.com.au

Hi Jenny,

We not only do it on our own investment properties, but my company sets up mult-let accomodations for other investors too. It would take me a whole day to explain what I know about it. Why dont you sentd me an email and I can send you a brochure that we put together explaining the concept to our landlord clients. You may get some useful…[Read more]

All agent’s that collect money from tenants or purchasers on behalf of another party (landlords or sellers) must maintain a trust account that is regulated and controlled by a state government authority. In SA it is the office of consumer and business affairs.

Under no circumstances must the money ever go into the agent’s personal account until…[Read more]

I run an investors network group in SA and have access to many successful property investors who may be able to contribute.
Can you tell us more about the magazine?
Please see my questions on your other post.

Investment Property Management
http://www.adprop.com.au

Can you tell us more about it?
Is it Sydney based?
How many readers do you anticipate?
Who is your target market? Start up investors, experienced investors, developers, property traders etc…

Investment Property Management
http://www.adprop.com.au

Hi Stanners,

why do you need a property manager if you already have the tenant?

I think the problem with a friend is that it may be difficult to increase rents if you need to. If it is only going to be short term (2 years), then there is no problems of ongoing rental increases on a “friend”

Property managers vary considerably in price and…[Read more]

You probably would not need council permission but you would need some kind of privacy of the two tenancies and they must be lockable as mentioned.

There are 2 types of tenancies, the residential tenancy where the whole house is rented to a tenant or a rooming house agreement which is what you do in a share accomodation.

Yours would fall under…[Read more]

I agree with Terry, I personally don’t like investing only for cash flow. If there is no capital growth that leaves you exposed to debt.

I like “creating” cash flow by giving the tenants an option to purhcase or setting up multi-tenancy accomodations. I have a brochure on this that may be helpful email me xenia@adprop.com.au and I would be happy…[Read more]

I’m confused, what is the difference between a rent collection fee and a management fee?
Is it a % of gross weekly rent?

If you want email me xenia@adprop.com.au and I would be happy to attach our fee schedule (I don’t manage properties in Brisbane) but just to compare with what you have there.

Investment Property Management
http://www.adprop.com.au

Nice suggestion Gerry, but I’m a bit of an environmentalist, I only ever use things like enjo cloths (or similar products) and water. That goes for in between cleans for rental properties and also my own house

Investment Property Management
http://www.adprop.com.au

Yes you can ask the landlord to fix the problem, whether they install an antenna or not is their choice, but they need to get it fixed. Everything in a rental property must be in good working order, just like if you lease a car everything has to be working. It is the landlords responsibility to rent a house that is problem free.

Hope this helps…[Read more]

Hi DLPP,

The same high turnover and lack of performance by real estate agents is true here in OZ and that certainly is a limitation in the industry.

My quote “You always get what your mind is focused on” is my interpretatation of the law of attraction described in things like the secret and other similar mindset/linguistic literature that I have…[Read more]

They work purely for the purchasers and get their commissions from them not the vendors.

A good one can negotiate better sale terms and price and knows generally what properties would be selling for. Because they are in the market all day every day, it is unlikely they would overpay for a property or buy on emotion like a purchaser would do.

If…[Read more]