T.P. replied to the topic Adelaide Real Estate Investors Group Meeting in the forum No Subject 20 years, 4 months ago
G`day Summo,
I am interested in meeting like minded people, but am in country S.A. and can`t make the 9th.
Can you contact me @ pryor@dodo.com.au to explain what you guys are doing, with a view to catching up in the future.
regards
TerryT.P. replied to the topic small town – risky business in the forum General Property 20 years, 4 months ago
G`day Ricky,
I agree with Bear in that if you are not after capital gains in the short term then size is not important.70k @ 150 wk. sounds good,and if your friend is in the game and still in business then look further.I have ip`s in country S.A. and while my area would probably not appeal because of high youth unemployment, aging population, yada…[Read more]T.P. replied to the topic Calling Adelaide investors in the forum No Subject 20 years, 5 months ago
G`day Bowen, I too have been disapointed to discover that wraps can`t be done in S.A. However positive investment is possible in regional S.A. I have several I.P.`s in Pt. Pirie that are +`ve. Although the boom that is happening in Adelaide is here also, there are still properties that are selling for < 100k returning $120/$140 wk.
regardsTerry .
T.P. replied to the topic Realistic Occupancy SA Rural? in the forum No Subject 20 years, 5 months ago
G`day Jimmy
you are talking about my hometown. I can`t give you a number {contact a R.A.} I have 5 properties, all +ve, and have not had any extended vacancies in the last 5 years. Are you in Adelaide? Would be prepared to show you around if you want to visit.
regards
TerryT.P. replied to the topic Cross roads: I need directions please in the forum Hotch Potch 20 years, 5 months ago
Hi Sharon
Further to comsols point about business “systems”,a book by M Gerber, The E Myth, is relevent to this subject.I don`t run a business, but have read this book,very enlightening.My wife and I started by diligently paying off our first home as soon as possible and using equity to buy our first {cheap} rental.5 years {and 3 kids!!} later we…[Read more]T.P. replied to the topic How are the newbies going? in the forum General Property 20 years, 5 months ago
Hi, I am new to this site but have been investing for 5 years in my hometown in regional S.A. I have been reading and “doing” over this time, made a few mistakes along the way, which is not a bad thing. I now look at problems and challenges as opportunities to learn and not a crisis in the making.
To Tadine on your comment about negative comments…[Read more]