You can create positive cash flow using creative strategies, they work especially well in Adelaide if the purchase price is $300,000 or below [biggrin]

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

any for Adelaide Michael [biggrin]

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

I like everywhere but the Eastern Suburbs (too expensive and yields are too low!).

Some of the Southern suburbs are below the median price for Adelaide and therfore offer growth opportunity.

Rental demand is growing in Adelaide, from what we are seeing anyway!!![biggrin]

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

I like all those areas and believe the demand for rentals is growing in Adelaide [biggrin]

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

Hi Sasharif,
We actively buy properties in Adelaide for ourselves, we come across alot more deals than we can buy so we have a “buyer’s agent” service to flip extra properties to other investors.

The properties we find are mainly for development, lease options or for setting up multi tenancies. Email me if you are interested.

Investment Property…[Read more]

We actively invest in Adelaide.
We do buy and holds in high capital growth areas
Developments
Renovations
Lease options
Set up multi-tenancy accomodations

The last 2 are designed to increase cash flow and use it to fund the shortfall in negatively geared high growth properties.

Works well for us! [biggrin]

Investment Property…[Read more]

PS, Simon, no appologies, I just agree with you [biggrin]

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

Sorry, Dr X, you obviously live in a bubble of privilege that cushions you from these experiences. However, knowing a little bit about you I’m willing to bet you don’t do much separately from your husband, ie you act as a team and even if you are interacting alone, the people you’re interacting with will know you’re part of a couple. So I don’t…[Read more]

Thanks Ger, but we’re in Australia, our legal system dosen’t understand assignments of mortgage, warrantee deeds or sale of single family homes??? That’s all US gobeldy gook [biggrin]

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

People like Rick Otton provide information, what you do with it and how successful you become in your life is up to you (not Rick!).

The sooner you can take responsibilty for your own failiures and the sooner you can stop blaming others the sooner you can take control of your life and move on!!!

Would you rather be successfull or be a…[Read more]

Noddies, I have a real estate license and still alive [biggrin]

But I agree with basic comments about agents, I became one so that I don’t have to depend on any of them!!!

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

Adelaide has not experienced as much of an upward growth compared to Melbourne and Sydney. It is therefore relatively cheap compared to the national average for properties.

I’m no expert and don’t have a crystal ball, but I like to think, slow steady growth is what the future holds for Adelaide. I can’t see it booming again for a while!

I…[Read more]

The question is not what would you do with $500K (to me that’s almost a victim question!!!)

The question is what can you do to make $500 K PER YEAR!!!

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

I dont’ know anyone in parramata, but why don’t you ask for a money back garuantee of your advertising fees and an exit out of the sale agency agreement if they do not perform to your standards. That way, you have nothing to lose [biggrin]

Except your time offcourse!

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

Money is not a limitation to investing!

I would do exactly what I do now.

[biggrin]

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

Developers use tools so do sophisticated investors.

We use devfeas (have to check later what it’s called), it calculates % profits risk profiles etc.

Agents…. We’ll they can start with a dictionary to look up the work feasability [biggrin]

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

When comparing PM fees, what do people look for?

Do they look at % of rent that the PM charges or the overal package of professional fees.

I have seen PMs offering a very low % to manage properties but they just charge a ridicoulous amount of money for everything they do. It seems like every time they pick up a pen or the phone relating to a…[Read more]

This 888 thing has not really taken off in Adelaide yet and I’m told it is aimed at the more inexperienced investor market.

We have an establised investors network group meeting on a monthly basis in Adelaide. It is aimed at people who already are investors and want to network with other like minded people. Offcourse newbies are welcome too and…[Read more]

Management fee – 8.8% of annual gross collections/annum
Property condition report @ commencement of each tenancy – $99.00
Final Bond inspection @ termination of each tenancy – $88.00
Routine inspection reports – $49.50 (every 3 months)
Postage/petties etc – $9.90/month
Advertising up to $220.00
Fixed management fee – N/A

This is absolutely…[Read more]

Sorry but I have to agree with Simon here! I would also question the motives behind excluding a group of people whether it is based on their gender or age or whatever.

Everyone has something to contribute, there are alot of switched on men out there as there are switched on women. You can learn something from everyone irrespective of secondary…[Read more]