PropertyInvesting.com | summo | Activity https://www.propertyinvesting.com/members/summo/activity/ Activity feed for summo. Sun, 12 Apr 2026 21:23:48 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 abe4e60c9ee45e28aefa12f25d624604 summo replied to the topic in search of fellow investers from adelaide in the forum No Subject https://www.propertyinvesting.com/topic/4375451-in-search-of-fellow-investers-from-adelaide/#post-4486290 Mon, 30 Aug 2004 13:47:41 +0000 The Adelaide Real Estate Investors Group AREIG meets on the 2nd Tuesday of each month. So far we have over 50 on our email list, with a meeting attendance of over 20, comprising of a good mix of new & experienced real estate investors. We aim to make the meeting interesting by having a couple of guest speakers to talk about subjects of interest to…[Read more]

]]> ed6e0ee6b017b5118fba009491e185ff summo replied to the topic Adelaide RE investorsGroup 8th June Meeting in the forum Heads Up! https://www.propertyinvesting.com/topic/4374203-adelaide-re-investorsgroup-8th-june-meeting/#post-4477281 Mon, 05 Jul 2004 13:12:07 +0000 G’Day Learn&share, Why dont you email me for details of the July 13th Meeting, come along, there are several members you can talk to about Elizabeth area. Regards Summo

]]> 4b3a4cd33bde0bb4231f72dbc4c1641d summo replied to the topic Adelaide RE investorsGroup 8th June Meeting in the forum Heads Up! https://www.propertyinvesting.com/topic/4374203-adelaide-re-investorsgroup-8th-june-meeting/#post-4477279 Sat, 05 Jun 2004 15:43:28 +0000 Hi Redwing, Ive come to the conclusion that things are slowing down, after driving around the local area a bit lately & seeing the same props for sale 4 ages. A few sales I know of went below the asking price & one real good reno was withdrawn from market after two price reductions. I think a lot of props on the market at the moment are overpriced…[Read more]

]]> c9efb66913108891e31ad88f1f2137fe summo replied to the topic Residential Tenancy Agreement Clauses in the forum General Property https://www.propertyinvesting.com/topic/4373565-residential-tenancy-agreement-clauses/#post-4472413 Fri, 14 May 2004 12:14:56 +0000 Hi Guys, c’mon, surely the is some landlords who have used clauses to good effect.
Regards Summo

]]> 5cd91fe69571356828ef981a2b13fcbf summo replied to the topic Rent Insurance in the forum General Property https://www.propertyinvesting.com/topic/4373662-rent-insurance/#post-4473197 Wed, 12 May 2004 14:37:47 +0000 G’Day Cobra,
I’ve just had a claim for non payment of rent to CGU. The premium is about the same, the maximum payout is $3000 with an excess of $500. This does not cover cleanup, rubbish disposal,gardening unmalicious damage & carpetcleaning costs altho this can be taken out of the bond first before it impacts on the $3000. Further comparisons…[Read more]

]]> 44b2662afd8e8e556b0f9e019f0195e6 summo replied to the topic Residential Tenancy Agreement Clauses in the forum General Property https://www.propertyinvesting.com/topic/4373565-residential-tenancy-agreement-clauses/#post-4472412 Wed, 12 May 2004 14:18:54 +0000 G’Day Kay & Acey, Unfortunately the tenant has already done the runner despite all the pre lease signing checks & L/L Insurance will only cover part of outstandings. I dont think anyone would knowingly lease a property to someone they suspect would not pay the rent. My reasoning is once bitten twice shy, learn from your mistakes, and put in the…[Read more]

]]> 2e60dbd0c607d8b8616aedb067c1efe5 summo replied to the topic Navra Seminar Urgent in the forum No Subject https://www.propertyinvesting.com/topic/4372026-navra-seminar-urgent/#post-4460854 Fri, 19 Mar 2004 13:09:52 +0000 Rubberchook, if you cant say something constructive, why bother. Have you done the Navra seminar? Can you talk from experience? If so give your appraisal of it, so we can all learn from your opinion. If not, then the low cost, high value WILL make all the difference to you when you book, I suppose.

]]> 53ce8b25fcf13caf1d76c4fee7f86518 summo replied to the topic Navra Seminar Urgent in the forum Heads Up! https://www.propertyinvesting.com/topic/4372026-navra-seminar-urgent/#post-4460851 Thu, 18 Mar 2004 14:21:30 +0000 Hi Derek, I too did a two day Steve Navra course last year which was very informative & thought provoking with a diiferent slant on RE investing & indeed investing in general. He focused on your investment dollar being used six different ways to maximise growth. He also concentrates on the use of cash bonds to allow the use of achieved equity to…[Read more]

]]> e3b6d3f8a5033de3d8f8ec0639a046eb summo replied to the topic Navra Seminar Urgent in the forum Heads Up! https://www.propertyinvesting.com/topic/4372026-navra-seminar-urgent/#post-4460847 Wed, 17 Mar 2004 07:17:29 +0000 Thanks Chan$, a good suggestion. Anyone who wants more details of a full day seminar in Adelaide on 27th March can email me rayss@adam.com.au if you are interested. We have now achieved minimum numbers so it is a goer. C’Mon you croweaters lets support this seminar and a lot more will come our way. Regards Ray

]]> 3e795f734732669fd925f7e2207b90aa summo replied to the topic Navra Seminar Urgent in the forum Heads Up! https://www.propertyinvesting.com/topic/4372026-navra-seminar-urgent/#post-4460845 Mon, 15 Mar 2004 09:14:11 +0000 Hey Rubberchook, instead of snide comments, why dont you do something constructive like making a suggestion or two about how to make a post to let people know about a good educational seminar with low costs & high value. That way we can all learn something.Why dont you come to the seminar? You seem to have a lot of knowledge about Adelaide, I…[Read more]

]]> ade0fdceee83318b6cae8d5b8abbc6c7 summo replied to the topic Navra Seminar Urgent in the forum Heads Up! https://www.propertyinvesting.com/topic/4372026-navra-seminar-urgent/#post-4460844 Mon, 15 Mar 2004 08:17:36 +0000 Admin, I am the organiser of the Adelaide Real Estate Investors Group. We are trying to get the numbers to enable this seminar to get under way. Can you advise me of the best way to let people on the forum know, so we can achieve our aim bearing in mind if numbers aren’t forthcoming by tomorrow it will be cancelled? Regards Ray Summerton

]]> 961b8d7299b832f008f557536219853a summo replied to the topic Adelaide Navra Seminar Urgent in the forum Heads Up! https://www.propertyinvesting.com/topic/4372027-adelaide-navra-seminar-urgent/#post-4460857 Mon, 15 Mar 2004 05:52:28 +0000 Hi Rubberchook,
No commission, I believe it is good to let people know when something good is happening which will help them in their quest to achieve financial independence thro real estate investing, and at a reasonable cost too I might add.Regards Summo

]]> 356ef5a4953d570a6466cf11aae6aef8 summo replied to the topic Broadband or not to broadband in the forum Opinionated! https://www.propertyinvesting.com/topic/4370269-broadband-or-not-to-broadband/#post-4446434 Sun, 04 Jan 2004 14:43:19 +0000 Hi Bear, Try Adam Internet in Adelaide, they have different plans to suit differing usage at reasonable setup & ongoing rates. Regards Summo

]]> 28561b61f4bcba3d51e43c817e09ecdd summo replied to the topic anyone from SA? in the forum Opinionated! https://www.propertyinvesting.com/topic/4370163-anyone-from-sa/#post-4445766 Tue, 30 Dec 2003 10:30:54 +0000 Michael, Adelaide REIG meets the 2nd Tuesday of each month at the above address the next being on the 13th of January 2004.(Slapped wrist for Bear [:D]) Email me rayss@adam.com.au & I will send you some info.
Regards Summo

]]> d376fc73a86e1be61ccaab3bc93491b9 summo replied to the topic Adelaide Real Estate Investors December Meeting in the forum No Subject https://www.propertyinvesting.com/topic/4369879-adelaide-real-estate-investors-december-meeting/#post-4443391 Thu, 18 Dec 2003 15:04:05 +0000 Hi Xenia, the meeting was really good. We covered lots of interesting topics. It was decided that details will only be available to those who
attend. Around 20 from all areas of RE investment were there. Meetings are 2nd Tuesday of every month the next being 13th January 2004. Please send me an email & I will send an introduction form, download it…[Read more]

]]> 0eb77fa4258307cfa4d05e23dc79016a summo replied to the topic Who wants a + cashflow property? in the forum General Property https://www.propertyinvesting.com/topic/4369902-who-wants-a-cashflow-property/#post-4443522 Wed, 10 Dec 2003 14:17:07 +0000 I have seen lots of posts asking “where can I find + cashflow properties?” To me this is an ideal opportunity for new investors to get started or get their feet wet, with a low output but good returns. I think there should be more of this. Great stuff Bear
Regards Rayss

]]> e5c9b68c0fa1e0ff92cc616cac445d17 summo replied to the topic Will R B increase put upwards pressure on rent? in the forum General Property https://www.propertyinvesting.com/topic/4369258-will-r-b-increase-put-upwards-pressure-on-rent/#post-4438297 Thu, 06 Nov 2003 08:04:28 +0000 Thanks for your replies, however now that interest rates are increasing, housing costs are at an all time high, and young couples are chasing the ever increasing deposit and not being able to make it, more people are entering the rental market. Areas other than Sydney & to a lesser extent Melboune, have a low vacancy rate.I have relet 4 properties…[Read more]

]]> 61e740f4ea66ba9706bc03a640528f0f summo replied to the topic DROWNING IN PAPERWORK in the forum General Property https://www.propertyinvesting.com/topic/4369121-drowning-in-paperwork/#post-4437214 Sun, 02 Nov 2003 08:04:25 +0000 Hi Robinhood, I too use Property Manager Pro. It is very good as it prints out a complete Income, Expenses, Profit & Loss for each property for each financial year as well as initial purchasing costs and also a Capital Gain schedule. However, all the programs i have looked at require accurate information input. Experience has shown that it is…[Read more]

]]> ef7be20daba8704c1f20a1986cffd418 summo replied to the topic investors in SA inroduction in the forum General Property https://www.propertyinvesting.com/topic/4366244-investors-in-sa-inroduction/page/3/#post-4418360 Wed, 08 Oct 2003 08:28:03 +0000 Thanks Johnny, So far its looking like twenty or so have indicated they will be coming, which is great.I dont know why but Adelaide seems to be overlooked when the easterners talk about investing in real estate. Information providers dont bother with anywhere else but Melb Sydney Brisbane & Perth.And some of the seminars only happen in the Eastern…[Read more]

]]> f038e4ae9e3f96154afa2085ac351da0 summo replied to the topic investors in SA inroduction in the forum General Property https://www.propertyinvesting.com/topic/4366244-investors-in-sa-inroduction/page/2/#post-4418357 Tue, 07 Oct 2003 08:50:26 +0000 Johnny, It is hard to estimate numbers but 15 to 20 or more would be good. Give us a chance to work out what is the likely future agenda & topics of interest, and link up with others with similar experience.
Regards Ray

]]> 129b00a26f940caa58f2aca5943cdd05 summo replied to the topic Adelaide R/E Investors Group Meeting in the forum Opinionated! https://www.propertyinvesting.com/topic/4368297-adelaide-re-investors-group-meeting/#post-4430797 Wed, 01 Oct 2003 08:37:34 +0000 Hi Adeladeans, I have been able to secure a venue for the Adeladean Real Estate Investors Group (AREIG) Meeting on the 21st Oct. It will be upstairs at the Cafe De Val on the corner of Pultney and Pirie St Adelade 6-30pm registration for a 7pm start. Please let me know if you can make it so I can let them know numbers. rayss@adam.com.au. Regards Ray

]]> 4549849280d354740431a969dbba22d0 summo replied to the topic Anyone here from SA? in the forum Opinionated! https://www.propertyinvesting.com/topic/4365220-anyone-here-from-sa/page/2/#post-4413249 Wed, 01 Oct 2003 08:35:21 +0000 Hi Adeladeans, I have been able to secure a venue for the Adeladean Real Estate Investors Group (AREIG) Meeting on the 21st Oct. It will be upstairs at the Cafe De Val on the corner of Pultney and Pirie St Adelade 6-30pm registration for a 7pm start. Please let me know if you can make it so I can let them know numbers. rayss@adam.com.au. Regards Ray

]]> 58f8324eed38f80399d067760c2db2da summo replied to the topic investors in SA inroduction in the forum General Property https://www.propertyinvesting.com/topic/4366244-investors-in-sa-inroduction/page/2/#post-4418354 Wed, 01 Oct 2003 08:31:25 +0000 Hi Adeladeans, I have been able to secure a venue for the Adeladean Real Estate Investors Group (AREIG) Meeting on the 21st Oct. It will be upstairs at the Cafe De Val on the corner of Pultney and Pirie St Adelade 6-30pm registration for a 7pm start. Please let me know if you can make it so I can let them know numbers. rayss@adam.com.au. Regards Ray

]]> 4c287a43f8a0204abad6bdcee5e00294 summo replied to the topic Anyone here from SA? in the forum No Subject https://www.propertyinvesting.com/topic/4365220-anyone-here-from-sa/page/2/#post-4413241 Sat, 20 Sep 2003 15:19:12 +0000 Hi Adeladeans,
Oscar Senior, Your suggestion is a good one and so far have received a good response. however I need you and any other interested people to send me an email address to keep you advised of the inaugural meeting, we can then work out numbers re a venue and a possible agenda & points of discussion
Regards summo

]]> 17c2fac051b026456fa3123c3339f0d4 summo replied to the topic Anyone here from SA? in the forum Opinionated! https://www.propertyinvesting.com/topic/4365220-anyone-here-from-sa/#post-4413235 Thu, 18 Sep 2003 14:22:41 +0000 G’Day Adelaidians,
I am happy to act as central point or go-between if you would like to email me rayss@adam.com.au with your suggestions for meeting place, date, time, agenda items and any other ideas you may have to get things mobile. I can then send emails to all interested people with a deadline of say about two weeks to the initial meeting.…[Read more]

]]> a86f7a35efa5a5729f5f70618f24ec62 summo replied to the topic Anyone here from SA? in the forum Opinionated! https://www.propertyinvesting.com/topic/4365220-anyone-here-from-sa/#post-4413232 Thu, 11 Sep 2003 04:46:34 +0000 I just received info about Rick Otten coming to Adelaide on Tues 23rd Sept. I may be a good opportunity to find out more about sourcing positive cashflow I/Ps, and also to meet & maybe toss around a few ideas. We can get a discount if three or more people attend of $10 ea from $39 to $29. Let me know if you are interested. Regards Summo

]]> 6fad2e0855fd66c17930f310dbe1b32e summo replied to the topic Property in SA in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366044-property-in-sa/#post-4417216 Thu, 12 Jun 2003 07:43:55 +0000 G’Day Gaijin,& other croweaters,
I too would like to contact like minded R.E.Investors to chat about property, finance planning, R.E. Accountants, +ve Gearing etc.Email is rayss@adam.com.au
Regards Summo

]]> 791ad7a882ad7230e0351685056af5b2 summo replied to the topic Anyone here from SA? in the forum Opinionated! https://www.propertyinvesting.com/topic/4365220-anyone-here-from-sa/#post-4413223 Tue, 18 Feb 2003 10:36:57 +0000 Hi All,
It looks like there are a few Adelaidians with like minded interests.If you would like to contact me so we can get together for a chat and maybe form a group to help each other with investments my email is rayss@adam.com.au I have four investment properties so far and am looking at ways to increase this substantially over the next few…[Read more]

]]> 00ad263181204fa5531007fd168c81e9 summo replied to the topic Anyone here from SA? in the forum Opinionated! https://www.propertyinvesting.com/topic/4365220-anyone-here-from-sa/#post-4413220 Fri, 14 Feb 2003 16:13:31 +0000

quote:
Woops! Havnt got the hang of this yet. (My First post, Sorry)
I’m from Adelaide & I agree, we do seem to get overlooked by seminars, magazines, & information providers. I would like to chat to like minded Adelaideans about positive geared I/Ps, purchase planning, finance, accounting, mentoring and generally swapping ideas for mutual…

[Read more]

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