They are a marketing business for the properties they sell please do a search for other threads on this forum, the question has been asked many times.

That's a specific finance question that I can't answer but my attitude is "give me the money" with or without mortgage insurance. It is a small cost compared to the huge cost of not aqcuiring properties.

Try also the prosper group in NSW http://www.prospergroup.com.au or email chrisw@prospergroup.com.au

Please dont brand all property managers under the same category! What they did was negligence it is not a normal practice to hold a house for 2 months without a written lease in place. We recently had some tenants look through a property in May and want to move in end of June. We negotiated that the lease should begin mid June so that expenses are…[Read more]

Treat this like a business transaction (it is) and keep emotions out of it. Your sister should do the same. The tenant can afford to get emotional, you have more to lose!Set a time with the tenant once a week, say 12pm on a Saturday where you can have a 45 minute access to the house for the purpose of showing prospective purchasers through. Don't…[Read more]

I don't know who Nick is but I can certainly recomend Dale GG. Not only is Dale a guru in tax, he is innovative, can think outside the box, he has a more aggressive investing style than the traditional very conservative accountant and is one hell of a nice guy. I know him personally, and we manage his properties here in Adelaide. I can honestly…[Read more]

Hi Mandy, we thought about Lobbying and getting the support of some of the bigger players from other states. Our solicitors advised against it as it would create competion for our business, better let people keep thinking that it is not legal (especially real estate agents who have absolutely no idea). If the new legislation does get passed in, it…[Read more]

What would be a greater cost a signboard or removing paint from bricks? Surprisingly, it may not be the cheaper option!

As far as I know that legislation did not go through, it will be looked at again in July next year. We have done 2 lease options this week, all is well in SA.

It's very basic and targeted to mum/dad investors. I prefer to network with more sophisticated investors who know more than me not less! There are a few on this forum but I doubt the optushome website will attract them.

Why not start your own business? We are always looking for good cleaners and I'm sure other real estate agencies are too.

Wrap around mortgages are not legal in SA, all though these are a form of vendor financing other vendor financing techniques are OK. We have done lot's of leasing with option to purchase type deals both for ourselves and our clients, also vendor finacing in terms of selling a property and leaving a deposit in as a second mortgage does not cross…[Read more]

Your better off educating yourself so that you know what you are looking for and how to value properties. Many of these clubs add a mark up to properties they sell. If you need to try an INDEPENDENT buyer's agent that is not selling properties for anyone but looking in the wider market just for you.

Hi Skyfox, No one has ever suceeded in investing using McIntire's strategies, and for that matter no one has ever suceeded using anyone's strategies. Investing is like riding a bike, there is no step by step formula on how to do it. You can't read it in a book or attend a seminar then expect to win a gold medal in a bike competition. Seminars and…[Read more]

No idea Mark! I guess I'm not as experienced as I thought, may be joining that newby section after all

Come on Simon! Why would they NOT choose SA? Boog, this may be helpful : http://www.creativerealestatesolutions.com.au/cgi-bin/page.cgi?id=112   We also have Adelaide's top ten suburbs written by Peter Kouizos in our March newsletter, available on our website (below), email me if you can't find it xenia@adprop.com.au

Hi Girl,Just got back from Sydney today and your's was one of the 85 emails I answered Results were sent to you, and I'm sure you will be happy

I personally don't care what they cost, as long as they are not pushing managed funds, super or life insurance. Find one that will help you become a sophisticated investor, you need education not someone to tell you what to do.

I recently met a 23 year old with a property portfolio that would put most adults to shame, she can retire from working any time she wants! I began at 19 and retired from full time employment by 33. I personally used parents equity to buy my first property, that is only one way. There are many ways to get started, the main thing is mindset and…[Read more]

Hi Ed, What state are you in? In SA, as unfair as it sounds, the landlord does not have to supply a phone line to the house even if a plug is present. We have started to add a specifically worded clause to our leases to protect landlords from having to do things like dig up footpaths etc. The problem actually lies with telstra not the landlord,…[Read more]