Xenia replied to the topic Insurance in the forum General Property 19 years, 1 month ago
depends how “risky” the property is. I would use LL insurance in an area with high vandalism rates.
The higher end of the market properties tend to be lower risk, it depends on your own risk profile and what you are comfortable with.
We have LL insurance on some of our properties. We tried to claim for malicious damage once after tenants kicked…[Read more]
Xenia replied to the topic Property inspection travel claims in the forum Legal & Accounting 19 years, 1 month ago
If you are buying through a trust and have a corporate trustee, you can paint your company name on your car and say that you are advertising your business while driving around!
I am not an accountant (thank God) this is only something I am thinking of doing!
We buy properties in Adelaide. Immediate Cash Settlements, No Agent…[Read more]
Xenia replied to the topic Do you know anyone that retired by 30? in the forum Creative Investing 19 years, 1 month ago
I retired from a normal job at 33 with passive income and loads of equity. Only to find another job called property investing! I am now 36 and just as busy as I was in my normal job:(
Does it ever end?
We buy properties in Adelaide. Immediate Cash Settlements, No Agent Fees.
xenia@creativerealestatesolutions.com.au
phone 0412 437 582Xenia replied to the topic CASHFLOW IS KING in the forum Creative Investing 19 years, 1 month ago
One million dollar commercial property “paid off” should give you around $100,000 income per year. You need to put in $250,000 to buy it using the banks money.
We buy properties in Adelaide. Immediate Cash Settlements, No Agent Fees.
xenia@creativerealestatesolutions.com.au
phone 0412 437 582Xenia replied to the topic flipping or onselling in the forum Creative Investing 19 years, 1 month ago
ASIC charge ~$800 for a new incorporation plus lawyers fees. Your in the right ballpark!
We buy properties in Adelaide. Immediate Cash Settlements, No Agent Fees.
xenia@creativerealestatesolutions.com.au
phone 0412 437 582Xenia replied to the topic Lease Agreement doesn’t protect landlord? in the forum No Subject 19 years, 1 month ago
strictly speaking, tenants are obligated to pay up until the day they signed for. Or until replacement tennants are found.
However, at the same token, landlords are obligated to mitigate their losses ASAP after a tenant moves out and not rely on tenants paying a lease. The courts could argue that an average house could be re-tennanted within one…[Read more]
Xenia replied to the topic What’s your occupation ?? in the forum No Subject 19 years, 1 month ago
Great Post Dazz
I am a Medical research scientist by profession. My PhD was in lung physiology looking at disorders like respiratory distress syndrome in premature infants.
I then worked for 3 years as a post-doctoral research fellow in Canada at an institution called the vaccine and infections disease organisation, where I ran a project in the…[Read more]
Xenia replied to the topic Bad landlords in the forum Help Needed! 19 years, 1 month ago
Hi Celivia,
Im putting together a business plan. Just making everything that I have been doing formal and giving it a name!
I know all the info is out there if I go looking, just veeeery laaaaaaaaaaazy!
We buy properties in Adelaide. Immediate Cash Settlements, No Agent Fees.
xenia@creativerealestatesolutions.com.au
phone 0412 437 582Xenia replied to the topic tenant horror stories in the forum No Subject 19 years, 1 month ago
I’m specifically looking for SA-Related cases!
We buy properties in Adelaide. Immediate Cash Settlements, No Agent Fees.
xenia@creativerealestatesolutions.com.au
phone 0412 437 582Xenia replied to the topic Bad landlords in the forum Help Needed! 19 years, 1 month ago
Im specifically looking for cases in South Australia!!!!!
We buy properties in Adelaide. Immediate Cash Settlements, No Agent Fees.
xenia@creativerealestatesolutions.com.au
phone 0412 437 582Xenia replied to the topic can’t afford a home in the forum Help Needed! 19 years, 1 month ago
Must be SA related!!!!!!
We buy properties in Adelaide. Immediate Cash Settlements, No Agent Fees.
xenia@creativerealestatesolutions.com.au
phone 0412 437 582Xenia replied to the topic Tooo much information in the forum No Subject 19 years, 1 month ago
Try words like “demographics” or “population”
We buy properties in Adelaide. Immediate Cash Settlements, No Agent Fees.
xenia@creativerealestatesolutions.com.au
phone 0412 437 582Xenia replied to the topic TRIBUNAL RULES WRAP CONTRACT “UNJUST†in the forum Creative Investing 19 years, 1 month ago
Great question C@34, can’t wait to see the reply!
How does running a wrap business differ from running any other business?
You could argue that they are all unethical. Why does McDonalds exist? The nutritional value of their food is low compared to eating raw broccoli! People could live longer if they were offered raw veggies instead of burgers…[Read more]
Xenia replied to the topic Aldinga sa in the forum Help Needed! 19 years, 1 month ago
This is not advise, just my opinion, but aldinga and even beach suburbs that are closer to the city ie marino etc are well poised for capital growth in the next property boom.
The reason is that they are priced below the median price for adelaide and therefore have room for growth. If your investment strategy is to hold for the long term and you…[Read more]
Xenia replied to the topic TRIBUNAL RULES WRAP CONTRACT “UNJUST†in the forum Creative Investing 19 years, 1 month ago
anyone know the reason it was found to be unjust?
What was wrong with the contract?
We buy properties in Adelaide. Immediate Cash Settlements, No Agent Fees.
xenia@creativerealestatesolutions.com.au
phone 0412 437 582Xenia replied to the topic Subletting Advice in the forum Help Needed! 19 years, 1 month ago
yes it is legal and yes you could be responsible for damages. That’s part of the business. Every business has its own unique risks. I don’t necessarily see it as a reason to not do it!
We buy properties in Adelaide. Immediate Cash Settlements, No Agent Fees.
xenia@creativerealestatesolutions.com.au
phone 0412 437 582Xenia replied to the topic Subletting Advice in the forum Help Needed! 19 years, 1 month ago
I have never done it, but know people who are doing it full time and making a successfull business out of it!
Like anything else, you need to give it time and specialise in it, know the area!
what specifically do you want to do?
We buy properties in Adelaide. Immediate Cash Settlements, No Agent…[Read more]
Xenia replied to the topic Ready to play in the forum Help Needed! 19 years, 1 month ago
Hi,
I had the same problem as you, after spending 3 years in Canada and being exposed to all that creative foreclosure stuff, then coming back to OZ and finding that no-one knew what the hell I was talking about!Will you be coming back to Adelaide? If so, send me an email and we can chat. There are specific ways to get things done here, but…[Read more]
Xenia replied to the topic wealth4women in the forum General Property 19 years, 1 month ago
Hi R,
I didn’t mean to imply that your post was discriminating, only that women that tend to need other women may not deal as well in the real world as women that deal with everyone!I was shocked when my best friend actually said to me that she does not do well as her husband at finding properties because male agents dont take her seriously! Is…[Read more]
Xenia replied to the topic wealth4women in the forum General Property 19 years, 1 month ago
I find it a little insulting and can’t see the value in forming these one-sex investor groups.
It’s almost like people have a problem with other genders, if they dealt with those problems, they would become phenonimal investors, instead they find other people with similar problems and re-inforce those problems!
Why do women want other women to…[Read more]
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