Outer areas of Adelaide to both the north and the south may be cashflow positive. Look at Elizabeth, Smithfield and Craigmore in the north and Christie Downs, Morphett Vale and Hackham in the south.

Be aware that the trade off to yield is often lower socio economic. This is where you need a good Property Manager who has experience dealing with…[Read more]

Hi there,

You’d still have to be in line with where the last increase was. Your best bet might be to wait 6-12 months into your ownership to be sure.

However, hearing how the WA market is at the moment, have you looked at what comparable properties are currently asking? I’ve heard of some areas dropping 10 or even 50 a week to secure tenants.

Hi Jo,
Feel free to send me an email at dave@dtproperty.com.au to discuss further, but yes we do manage properties in that post code (in fact have enough people to look after whole metro so you can keep all your properties under 1 roof) and yes we do have good tradies on board. We’ve used quite a lot for both our own personal properties and for…[Read more]

Hi Jo,
Feel free to send me an email at dave@dtproperty.com.au to discuss further, but yes we do manage properties in that post code and yes we do have good tradies on board. We’ve used quite a lot for both our own personal properties and for clients ones and the only the good ones get to stay.

By time you take the sales agents fee out, CGT out, and then stamp duty / LMI to buy another one, you may as well just have kept the first one. That’s a lot of money that leaking out of your returns.

Most flipping comes from American authors because their rules and systems are different there.

Here – it works out far better to keep, go to the…[Read more]

I think your best bet is to focus on earning more.

Hey mate

A few of us catch up every month or 2 at a pub or cafe for a bite to eat and a chat. Completely informal, no agenda or anything. Feel free to come along no matter where you’re up to in the property game.

Hi @fibropalace , I can definitely help you in this area too.

Hi @fibropalace , I can definitely help you in this area too.

I use and recommend @Cjaysa from here, he’s quite investment savvy

Hands on manufacturing sweat equity for me via renovation or develop. I need to raise more deposits so that I can buy more property.

For most of my interstate clients, its either the cash flow or lower entry point (or both) enticing them over here this year. Perth and Sydney don’t seem to be moving, Melbourne too expensive for some. Cheaper…[Read more]

In terms of loans, definitely seek a mortgage broker. A bank only really cares about that one transaction whereas a broker can map out a path for this property and all future ones as well to ensure you to keep investing forever. @CjaySA on these forums is a really good one.

In terms of potential investment spots – If you don’t know what you’re…[Read more]

Hiya,

I haven’t used them personally, but I’d probably skip on any investment services company similar.

Companies like that tend to
1) Listen to your needs so that it sounds like your own the same path
2) Give you advice on what you should invest in
3) They just so happen to have some of that product they’re suggesting (built by their…[Read more]

Have a read through this post which might put you in the right direction http://www.precisionfunding.com.au/planning-your-investment-strategy/

The PM should have advised on this – that’s probably why they only charge 5.5% :)

Periodic leases should very rarely be entered into as they don’t offer the stability or security of fixed leases. Its 90 LL / 21 TNT for a reason – it’s still their home for the period of the agreement. Can’t just make people homeless because you feel like it. This…[Read more]

Where, Benny?

Hey Ben,

I’m from Perth originally too. I’ve used @cjaysa for my mortgage broking both when I was in WA and more recently in SA.

He’s written a couple of articles on Commercial Lending and is happy to work via phone/email/etc and is an expert in this field.

Good luck :)

Image works fine for me, thanks for posting it Corey.

Looks like Adelaide Brisbane and a few regionals are currently on the menu ;)