Be careful of financial planners that push shares and life insurance. To me these are just sales people pushing products they are not investing strategists! I would recommend Chris White from the prosper group in NSW, he is an investor and will be upfront and honest about whether he can help. chrisw@propsergroup.com.au

Please note it is not only DHA that promote these "easy" investments, some developers offering new houses and "rent gaurantees" do the same thing. Over median market prices and low returns. If you have no knowledge at all and no time, these may be OK, I personally like things with a little more sophistication.

Possum or rat maybe?

It may become and advertising section for real estate agents. I'm a member and also an agent does that mean I can list my "for sale" properties here for free?

I have never used them but have some clients that have looked into them before deciding to find and purchase their own properties. They "lease back" which means that you are garanteed a lease for a certain period of time often 5 to 10 years. Their rentals tend to be a little below the market due to the length they take them out for. They control…[Read more]

What state are you in? Here is a link to the SA forms http://www.ocba.sa.gov.au/tenancies/forms.html#Fixed_Term_Agreement I would have to caution against keeping them on your desktop becasue forms, regulations and legislation are not static! They change and you need to keep up with the current rules and latest forms. Outdated forms are not…[Read more]

any property solicitor could do it. Use the one you were going to use to transfer the title, you need one regardless of whether you have an agent on board or not.

PS, if the title is in both your's and your husband's name then both signatures should appear on the agency agreement. If not, your husband can approach the agency and say that he does not agree to sell this house. Contract will then be void. However, if your husband was present all along and knew it was up for sale, then they have a course to…[Read more]

Linda, please be careful with agent contracts they are not written in favour of the purchaser. I hesitate to comment specifically becasue I'm not sure what you signed but YES the agent will be entitled to full commission if you sell it yourself unless it has been cancelled in writing and acknowledge that it has been cancelled by both parties. Even…[Read more]

If it was a standard residential contract or option to purchase contract, it cannot be cancelled! If you signed a contract with a clause givng them an escape route then you gave them the right to get out!

Here is an extract from our info brochure regarding positive and negatively geared properties: If you ignore our marketing terms, the arguement on both sides may be useful! The concept of generating positive cash flow income through property has been an area of contention amongst industry experts for many years. The argument is one of risk and…[Read more]

Thank you very much Sunny! Zima here is our buyer's agent's website http://www.creativerealestatesolutions.com.au Happy to have a chat to you any time (over a coffee Please contact us at any time. Angelo's mobile is 0431 757 161

No standard! Ideally, agents should let clients out of the lease whenever they want if they are not happy. I don't understand the rationale of holding a client to a contract if the client is not happy with the level of service.

We have just gone through the numbers for the same question. Although alot of people say leasing so that you can claim tax deductions I don't understand the logic in losing money in a consumable item which goes down in value so that you can save tax! I thought that the most cost effective way was to buy a car that was 3 or 4 years old outright!…[Read more]

Terry, it is common for pm's to sign leases on behalf of the owners, that's their job. It must be within owners instructions however! I would have thought 12 months is better than 6? If you are worried that the rent cannot be increased within that time, it can! We do rent reviews every 6 months and if the market has moved, we up the rent even if…[Read more]

Hi Dougie, Semaphore is closer to the beach and I think may have more growth potential. Everyone has a different investment strategy, as a rule I don't buy new appartments or townhouses from developers, I like houses where I can "value add" and increase equity. I like free standing older houses on larger blocks that have the potential to be…[Read more]

My opinion only, but I think the Adelaide market is about to explode. The mining industry got the go ahead 2 days ago.

You will be under obligation at all times to disclose the history of the house. Please keep that in mind if you want to rent it or sell it down the track. If information such as a murder history is not disclosed any contracts signed over the house can be rescinded by a court. Also, the stigma here is a murder which is very different to someone…[Read more]

Looks like your pm is working for the tenants What they should have done would be to ring you to say that they found some tenants who are only willing to take $275 then seek instructions from you to go ahead with them or not. I would have done that even before looking at the tenant's application form. Infact, I would have said, the landlords want…[Read more]

The mining got the go ahead by the liberal party yesterday. Just in our very small office, we are begining to see properties being sold after one open inspection. Lots of keen buyers around which to me is an indication that the market is heating up. We have recently also had an influx of interstate landlords buying in Adelaide. Our agency is very…[Read more]