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Viewing 6 posts - 1 through 6 (of 6 total)
  • Profile photo of onemilliononemillion
    Member
    @onemillion
    Join Date: 2005
    Post Count: 6

    Hi,

    I know plenty off people in SA that are doing great things with reno’s, developments, wraps and value adds. I have been procrastinating about my ideal strategy for property investment, but hoping 2006 will be the year.

    I am also a member of a property investment group here in adelaide that meet monthy, share knowledge, have guest speakers etc. I don’t go every month but find it very worthwhile, and motivating when you here what others are doing.

    I don’t have the details here, as I am at work. I know I should be doing some work, its my lunch break at the moment [biggrin]. Drop me an email with your details, happy to help out

    stewart [email protected]

    SMH

    Profile photo of onemilliononemillion
    Member
    @onemillion
    Join Date: 2005
    Post Count: 6

    Hi all,

    I am interested to talk to any like minded Adelaide investors going to the Property Profits Power Workshop (PPPW) in Melbourne in June, as I am going and think it would be great to catch up and bounce ideas of each other.

    stewart

    SMH

    Profile photo of onemilliononemillion
    Member
    @onemillion
    Join Date: 2005
    Post Count: 6

    Hi all,

    I am interested to talk to any like minded Adelaide investors going to the Property Profits Power Workshop (PPPW) in Melbourne in June, as I am going and think it would be great to catch up and bounce ideas of each other.

    stewart

    SMH

    Profile photo of onemilliononemillion
    Member
    @onemillion
    Join Date: 2005
    Post Count: 6

    Hi Tom,

    I think you are right about mt barker, it was probably a great place about 3-4 years ago, before the tunnel was there. I went for a drive to mt barker today. Lots of property for sale, nothing that even looked like +ve cf. I will have to look into murray bridge soon. I still think that there is going to be a lot more development in mt barker over the next few years though.

    I am interested to know if any one has recently purchased any properties in SA country ?

    learningtoinvest – I was wondering what kinds of problems, with properties you would be prepared to take on, you could become a reno king..hey
    Although I think this is not a part-time job as it would take up a great deal of time out of work hours..

    stewart[cap]

    SMH

    Profile photo of onemilliononemillion
    Member
    @onemillion
    Join Date: 2005
    Post Count: 6

    Hi all,

    I’m in Enfield, also just starting out. I am trying to find areas that are under transition, new infrastructure et., I didn’t find much in the way of positive cash properties on the net. I think the best thing to do is to go and look for yourself in the local agents etc..

    I think Mt barker and murray bridge area might be the next big areas.. what do you guysgals think ?

    stewart

    SMH

    Profile photo of onemilliononemillion
    Member
    @onemillion
    Join Date: 2005
    Post Count: 6

    Hi All,

    My very first reply to the forum. I am always interested in new investment ideas and strategies. Being new to investing in property I have just purchased a property through the TIC. I have bought a house and land package north of brisbane which is nearly completed, ready for my first tenant. The club and SM’s have been very helpful through the whole process of setting things up, and helping me with arranging finances etc.. I am aware that there commision is 6% of purchase price and do agree that this does sound quite generous. I decided to go with them the first time, and use this to gain experience with investing. I have started to read Steve’s book which I got for xmas, which I find very interesting and easy to read. Maybe next time I will do all the leg work myself, who knows, i could even be +ve geared or positive cash flow, I am not too sure of the difference. I do know one thing, I will be doing my research even more thoroughly next time.

    stewart

    SMH

Viewing 6 posts - 1 through 6 (of 6 total)