Hi Peachy,
We have bought a few in recent times and aim for 20% under the median for the area.
Expect to get many of them knocked back, but remember that if it was easy everyone would be doing it [biggrin]

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

That’s just amazing!

I often wonder who sits there and makes up these rules and what logic they base it on [blink]

It just makes no sense to the commone person!!!!

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

Hi Wealth,

I have used call options to buy and sell properties and use them combined with a lease to increase cash flow for clients that we manage properties for.
I don’t like to combine them with a put option because I like the buyer to have the discretion of buying or not. A put option will force the purchaser to buy so would limit our…[Read more]

I agree with Nigel, a balanced potfolio is best. [biggrin]

I don’t like buying in remote areas, if there is no capital appreciation you are exposed to the risk of debt. I like manufactured cash flow in good growth properties using creative strategies such as lease options.

Extra cash flow is then used to fund negative cash flow in higher growth…[Read more]

If you find a property manager who can successfully manage your property (that includes alot more than just finding a tenant and signing a lease), then you can use your free time to be looking for the next property deal rather than managing existing properties.

That’s the whole idea, leveraging from other peoples time [biggrin]

Investment…[Read more]

Not sure what state you are in, but we do lease options in SA [biggrin]

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

Agents can legally charge ALOT more than 7.45%!

Cheaper property managers are not always the most cost effective!!!!

Property managers who are also investors can offer what you are talking about [biggrin]

The trick is to find a property manager who has their own property portfolio and can think outside the square with regards to maximising…[Read more]

Love to read your book Alex, [biggrin]

my email is xenia@adprop.com.au

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

What is a good investment for one person may be total devistation for someone else.

Being a good investment because it is always rented are words of Non-investors! Something can be “always rented” and still losing money!!!

What is your investing style, capital growth? cash flow? Property trading? ….

No one can answer that question buy you…[Read more]

PS, the Adelaide group is not age-specific [biggrin]

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

Don’t forget we already have an investor’s network group in Adelaide. [biggrin]

Next meeting is September 12

Please email me if you are interested in joining.

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

Great to see that there is something for private landlords. [biggrin]

Just keep in mind though that most properties are managed by property managers who would probably prefer to use the more established tenant default databases such as TICA, so even though tenants could be in default, it does not mean that they will be listed on the landlrord…[Read more]

I agree, he has always been a hero for me [biggrin]

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

Yes, the property is negatively geard but the return is above the average for SA (anything above 5% is high for SA).

What area is it in and how are you basing your growth calculations?

Buying positive cash flow properties is not the ONLY way to invest, infact, if there has been no growth in the area, you are left exposed to debt with no incease…[Read more]

We haven’t had too much success with letter drops either, most people are so disensitised to advertising, it takes several repeats to get any kind of response.

We’ve had a 2% success out of 10,000 letter drops done over several months. [biggrin]

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

Hi DLPP, yes we do all above as well as make enemies with lots of agents[biggrin]

We run off around 100 -200 offers a month, the aim is to settle on ~1 per month, but we are not always successfull [biggrin]

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

Good on you Richard, there should be more people doing it as honestly as you [biggrin]

Maybe I should think about starting one in SA [specool]

Hmmm, I’ll add that to my to do list and maybe it should get done in the next 5 years or so[confused2]

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

Houses obtaining premium rents are those that are in better areas, upgraded and provide features that tenants want.

Keep it looking good, make sure it is secure and maybe throw in a service ie gardening included. I have used this before with great success. You can increase the rent to a greater amount that you pay for the gardening service, then…[Read more]

How do people know that is no longer exists?

As there are all types of ways to do vendor financing (good and bad), I think there defiantely should be some regulatory mechanism to keep things in check!

Anyone want to start it again? [biggrin]

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

Good one Audrey,

Nice work [biggrin]

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