young_investor1988 replied to the topic Purchasing a Rent Roll in the forum Help Needed! 13 years ago
Thanks for the feedback Richard – certainly sounds possible! Cheers,
young_investor1988 replied to the topic Advice Needed – What to do when a property has an asbestos register? in the forum Help Needed! 14 years ago
Cheers Scott! All documentation will be provided with the contract, so I'll be able to study up on it before signing my life away.
young_investor1988 replied to the topic Private Sale in Adelaide in the forum Hi Matt,
There are numerous 14 years, 5 months agoHi Matt,There are numerous 'private sale' websites available to you, but none of them really stand out as being anything special. I know you can list your property on http://www.domain.com.au, while it doesn't have the traffic of http://www.realestate.com.au it is one of the leading real estate websites that people surf when looking to buy. I live & work in…[Read more]
young_investor1988 replied to the topic Real estate agents playing games? in the forum Sometimes when dealing with 14 years, 6 months ago
Sometimes when dealing with overseas vendors communication can be difficult, and therefore the ability to get a response from them regarding offers can take a bit longer than usual. The agent has a duty to present all offers to his vendors, and if this previous offer is now ready to go, naturally the agent is going to present both to his…[Read more]
young_investor1988 replied to the topic Adelaide conveyancer required in the forum Help Needed! 14 years, 6 months ago
Tony Botten from Alexander Botten & Associates are fantastic. I work for a real estate office and we recommed them to many of our clients. I have also dealt with them on my own properties and they know their stuff! Cheers,Ben
young_investor1988 replied to the topic Do you pay Advertising Fees when Selling ?? in the forum Help Needed! 14 years, 7 months ago
I'd say that this is a pretty reasonable marketing budget Darren. Has your agent outlined what this will include? Internet subscription? An ad in the land section of your local paper? Brochures etc?Agents do generally pay an annual subscription fee to list properties on realestate.com.au. So a good portion of that $350.00 is probably allocated to…[Read more]
young_investor1988 replied to the topic Advice on Adelaide in the forum Hi GB,
I spent 5 years in Mt 14 years, 7 months agoHi GB,I spent 5 years in Mt Barker as a teenager (I'm 22 now) and my family built up there in 2000 in one of the new housing estates. When we moved there it was literally a small town with a main street and not a lot going on….. but by the time we left in 2005 it was booming. A fantastic mix of good schools, quality homes and a great place to…[Read more]
young_investor1988 replied to the topic 1 bedroom apartment in Adelaide – yay or nay? in the forum Help Needed! 14 years, 8 months ago
Hi EvaCD,I've managed a couple of apartments in this complex, however I do believe this one is leased to the hotel for a few more years. You will need to look into the costs associated with having it managed by Quest as sometimes it can be quite expensive… obviously you want to be making as much cash for YOU! The Mansions building is very old…[Read more]
young_investor1988 replied to the topic PPOR + No IP’s OR Rent with a mate and build portfolio that way? in the forum Ryan… sounds like you’ve 14 years, 8 months ago
Ryan… sounds like you've got it all sorted mate! I'm 22yo as well and am of the same opinion as you – make the sacrifices now while we are young, but hopefully be financially independant alot earlier than those who start once they have had kids etc.The best thing I ever did was start working in the real estate industry from when I was 18, I s…[Read more]
young_investor1988 replied to the topic Pro’s and Con’s of One Bedroom units. in the forum Help Needed! 14 years, 8 months ago
I was always warned about buying a 1 bedder, but as a 20 year old desperate to get into the property market I had 2 options… a) Buy a 2 or 3 bedroom property about 30 – 40mins from the CBD in a very average suburb OR b) buy a 1 bedroom property withing 5km of the CBD in a booming suburb I chose to ignore what people were saying and purchased…[Read more]
young_investor1988 replied to the topic PPOR + No IP’s OR Rent with a mate and build portfolio that way? in the forum Help Needed! 14 years, 8 months ago
Hi Ryan,Thanks for your feedback….. seems like we are on the same page! My mate has a 6 month old labrador puppy, hence the reason he is moving into a bigger place with a decent sized yard, and unfortunately my backyard won't accommodate such an active dog otherwise it would work perfectly. You are right, based on my living in my current…[Read more]
young_investor1988 replied to the topic PPOR + No IP’s OR Rent with a mate and build portfolio that way? in the forum Help Needed! 14 years, 8 months ago
Thanks for your feedback Richard, I always find your posts helpful! We both lead busy lives and don't spend a lot of time at home, it seems to make sense considering we both live on our own within a few mins of each other now. But yes, obviously some ground rules would need to be set. I remember having to mow our 2700sqm block as a teenager, I…[Read more]
young_investor1988 replied to the topic Private House Sales in the forum Help Needed! 14 years, 8 months ago
You should be able to post your property on domain.com.au as a private seller, but realestate.com.au is reserved exclusively for real estate agents. There is another site called http://www.myhomeisforsale.com.au which is you sign up for will get you onto realestate.com.au….. may be worth a look! Internet is the most powerful tool now when selling a…[Read more]
young_investor1988 replied to the topic Help – Why won’t anyone rent out my investment property :-( in the forum Help Needed! 14 years, 8 months ago
If you really cannot afford to have it vacant for much longer then I'd most definitely drop the price. Your agent has 2 advertised openings this week, with one in the morning and one in the evening, and these times are clearly advertised on the internet.Having been on both sides of the fence (an investor and a property manager for a real estate…[Read more]
young_investor1988 replied to the topic Young Investor seeking tips on what to do next…. in the forum Help Needed! 14 years, 10 months ago
Hi Guys,Thanks for the positive feedback, greatly appreciated. In relation to Qlds007's comment, I plan on living in my current PPOR for 2 years or so, definitely not a permanent thing, so on that basis would you still recommend a loan restructure from P&I to IO? Is the idea of this scenario to free up extra cash as my repayments will be lower…[Read more]
young_investor1988 replied to the topic Handy man in Adelaide needed in the forum Help Needed! 14 years, 11 months ago
Hi Phlang,I work in a real estate office in Adelaide and we have a good list of reliable tradies…I suggest Andy from AH Consulting – 0409 678 246, he is a handy man and does a great job. Hope he can help! Cheers, Ben
young_investor1988 replied to the topic Starting out. What way to go? in the forum Ahhh just read the new 14 years, 11 months ago
Ahhh just read the new thread about it being a Quest apartment……. Hmmm…… I'd steer clear if I were you! That changes the whole dynamic…..
young_investor1988 replied to the topic Starting out. What way to go? in the forum Help Needed! 14 years, 11 months ago
Mike,I was in a similar position to you in December last year, as a 20 year old wanting to break into the market. I am a real estate agent in Adelaide and had the option of a 1 bedroom unit 4km from the CBD or a 3 bedroom house about 30km out of the city in a not so sought after suburb….. Everyone around me warned me off buying a 1 bedroom, but…[Read more]
young_investor1988 replied to the topic Property sales data on Realestate.com.au in the forum Yes mate, I’m an agent in SA 15 years, 1 month ago
Yes mate, I'm an agent in SA and same thing down here.
young_investor1988 replied to the topic Outdoor living on ugly concrete pavement in the forum Value Adding 15 years, 5 months ago
Hi Paul,The clips that lock the timber panels into place are not fixed to the concrete…. once you have got the whole deck locked into place it is unlikely the whole decking will move… obviously it isn't as ideal as having an actual timber deck built and fixed to the ground, but providing you purchase enough of the interlocking clips – it holds…[Read more]