Thanks for your replies.
I am still amused by that agents conduct, I think he should not be in sales or deal with people.Live and learn. By The Way I agree that vendors should get highest price, it’s just not knowing IF there is another bidder or a phantom? There aren’t that many properties on his for sale books.
I have since found a better…[Read more]
The mentioned property is in Millicent, SA. The price was listed at $65,000. Rented at $125.p/wk.
Now it’s withdrawn and apparently going to wait a week and re-list it at $87,000. I didn’t get to inspect it but if it’s rented at $125 I’m guessing it must be liveable.
I didn’t like the bidding contest. But if he is genuine and there is…[Read more]
It comes back to buy what you can easily afford and not struggle, than to try and max out to buy the more expensive. Which brings me to another point of interest: Yesterday I inquired with a real-estate agent about doing an inspection to buy a house, they arranged it for Sat. Tenants need time etc.. Today the Real-estate agent rang informing…[Read more]
I have also read some of Roberts K’s books, I thought they were enjoyable, if fact hard to put down once started.
It saddens me to think that “Rich Dad” might not be real- I loved the idea that A Rich person took the time and effort to tell another how to become rich.I would love that luxury! I gladly read these “motivational” books, than…[Read more]
I am also in SA. The lease/options it seems is the only way to go in SA. However it is not a simple task. My Solicitor has spent the past 3 weeks searching for a clear way with the tenancy act.
Also the option fee has to be made clear that it’s not a part payment as this offends section 5 of the Land and Business(sale and conveyancing)…[Read more]
Hi, I am also new to the game.
The plan I use is after inspecting the property myself, 1: Offer $price- willing to pay.(once you have looked at a few properties you will get a general feel on Property values)
2: Put subject to building inspection
3: subject to finance (always even if pre-approved)
*4:Ask for long settlement, with permission during…[Read more]
A Quesion for The B, If you do add value to the property before settlement, How do you structure the forms/contract to allow you to have access to the property before it is actually yours. We weren’t even allowed the keys to a previous property untill after settlement. So just curious about it, sounds great.