PropertyInvesting.com | Xenia | Activity https://www.propertyinvesting.com/members/xenia/activity/ Activity feed for Xenia. Sun, 05 Apr 2026 21:18:20 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 ce4a7169621de3bc6152015708ba32c9 Xenia replied to the topic How to take the next step in your learning curve? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402825-how-to-take-the-next-step-in-your-learning-curve/#post-4642268 Thu, 17 Feb 2011 10:23:54 +0000 Read widely and beyond positive cash flow properties.

]]> 1f475813a21e772205233098224ca9cc Xenia replied to the topic lease renewal fee's ??? in the forum General Property https://www.propertyinvesting.com/topic/4402253-lease-renewal-fees/#post-4638549 Thu, 17 Feb 2011 10:20:23 +0000 To answer your question, it is more normal to charge than not to charge. I run a property management agency and mostly do not like lease renewal or letting fees. I like to negotiate one up front fee with clients that's both transparent and fair.

]]> 46a4a242ed9a70b28934696aa25fef82 Xenia replied to the topic renting out your home in the forum Help Needed! https://www.propertyinvesting.com/topic/4402795-renting-out-your-home/#post-4641941 Thu, 17 Feb 2011 10:12:41 +0000 Make sure you have landlord's insurance

]]> ca982b35089465062145aaa82f1a3f56 Xenia replied to the topic Two Amazing Men! in the forum Two Amazing Men! https://www.propertyinvesting.com/topic/4397162-two-amazing-men/#post-4608697 Thu, 03 Sep 2009 12:12:07 +0000 Michael,  I will surely consider it if I'm in Melbourne, I do travel every now and then. Would love to have you in Adelaide, I can organise for a group of us from these internet things to go out for dinner and network in person. Could be fun XX

]]> 99416f8553a5ba5da9a03fbed0e5164e Xenia replied to the topic Carly Crutchfield (developing) in the forum Heads Up! https://www.propertyinvesting.com/topic/4392748-carly-crutchfield-developing/#post-4585080 Thu, 03 Sep 2009 06:59:52 +0000 she is a little dynamo! I just love seeing young people doing so well.

]]> 2bea5a9b615fb9b368943e6d733b4bc4 Xenia replied to the topic Changing Property Managers in the forum Help Needed! https://www.propertyinvesting.com/topic/4397160-changing-property-managers/#post-4608688 Thu, 03 Sep 2009 06:56:10 +0000 Hi JazMost agency agreements would have an authority for the pm to act on your behalf for repairs. That does not excuse them knocking back a request for a follow up call to you. I prefer my managers not to contact me at all, just manage the properties and do what they need to so that I can get on with other things. X

]]> 2af09c1f9fe765d8e597788d4197bdcc Xenia replied to the topic Help! How can I force my builder to put undercoat when painting a new built home?!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4394060-help-how-can-i-force-my-builder-to-put-undercoat-when-painting-a-new-built-home/#post-4592065 Sat, 23 Aug 2008 05:37:47 +0000 Force??? You can't force anyone to do anything! With developments we have done, if it states something in the contract that we don't want or would prefer different, we just ask. Can you please give us a quote on the additional cost of adding an under coat? I did not notice previously that it was not included but would like you to do it this way!…[Read more]

]]> b0bd28c2b080c1603e2da3faa4ff89b6 Xenia replied to the topic Avoid paying realtor and agent fees in the forum Overseas Deals https://www.propertyinvesting.com/topic/4394039-avoid-paying-realtor-and-agent-fees-2/#post-4591971 Sat, 23 Aug 2008 05:32:27 +0000 Time is much much more important and much more valuable than money! I have an agent's license and can sell properties any time and also list on realestate.com.au which is a much  better site, however I outsource the sale of my own properties to other agents so that it can save me TIME!!!

]]> 65bcbd3a08962acb36e100152e597557 Xenia replied to the topic Property managers in Invercargill in the forum Overseas Deals https://www.propertyinvesting.com/topic/4392063-property-managers-in-invercargill/#post-4581420 Sat, 23 Aug 2008 05:27:11 +0000 Poor property management was the reason we sold all our properties in Invercargill! Just shocking!!!

]]> a876273fbdf99af87cd3654d3701fcb0 Xenia replied to the topic Is now a good time to invest in building a new property in Adelaide? in the forum Our next investing network https://www.propertyinvesting.com/topic/4392714-is-now-a-good-time-to-invest-in-building-a-new-property-in-adelaide/#post-4584641 Sat, 07 Jun 2008 12:21:32 +0000 Our next investing network meeting will be about the Adelaide real estate market. Anyone who is interested is invited to come along and listen to the experts. Please email me xenia@adprop.com.au for details.

]]> 0978e0f507f384678e00b8f549cce55e Xenia replied to the topic Student Accomodation in the forum General Property https://www.propertyinvesting.com/topic/4393004-student-accomodation-5/#post-4586080 Sat, 26 Apr 2008 02:53:41 +0000 We rent and manage around 20 student accomodations at the moment. Not units, but normal residential property that is rented out by the room. We have a brochure on our website that you might like to look at. http://www.adprop.com.au . Otherwise email me xenia@adprop.com.au and I can send it out to you.

]]> c545c2eed690403358e0580df99ab5f1 Xenia replied to the topic The Property School in the forum Opinionated! https://www.propertyinvesting.com/topic/4393007-the-property-school/#post-4586100 Sat, 26 Apr 2008 02:49:49 +0000 My view might be a little biased since I am one of the lecturers there but I think the course is well worth doing if you are after a good fundamental understanding in real estate. I aim to attend seminars where I can as well as reading  books. Life long education is a must for property investors.

]]> 05591aecd10e0d7fa1dfc2cd2a8a17d6 Xenia replied to the topic ASIC drops case against Henry Kaye in the forum Heads Up! https://www.propertyinvesting.com/topic/4392815-asic-drops-case-against-henry-kaye/#post-4585400 Sat, 05 Apr 2008 05:38:19 +0000 I think that's great news! I think the whole scenario just reflects the "tall poppy" attitude of the society we live in. If a poor person had been caught with fraud it would not have been anywhere near as bad!

]]> aaa402112e28da2e89b1a4536a084a46 Xenia replied to the topic Bad Property Managment and tenants should be exposed on public register in the forum General Property https://www.propertyinvesting.com/topic/4392818-bad-property-managment-and-tenants-should-be-exposed-on-public-register/#post-4585411 Sat, 05 Apr 2008 05:35:13 +0000 You can report them to the real estate institute or the office of consumer affairs. There is no list!

]]> 07175f22716945712255371bd9e8c1dd Xenia replied to the topic ASIC update on Jamie Mcintyre in the forum freeman cooper wrote: Hi https://www.propertyinvesting.com/topic/4380930-asic-update-on-jamie-mcintyre/page/3/#post-4521223 Sun, 30 Mar 2008 22:24:31 +0000 freeman cooper wrote:
Hi All, I have One thing to say about Jamie peddling his wares. Show us your guarantee. He says that we can achieve great things if we pay to do some course, prove it and guarantee it, unconditionally.

Can a gym gaurantee to make you fit? What I'm seeing here is alot of fat people blaming a gym for their own lack of…[Read more]

]]> 93060c7193632f80084ce68a51d7165e Xenia replied to the topic HELP!! PMs or buyer's agent?? in the forum We can help with both a PM https://www.propertyinvesting.com/topic/4392781-help-pms-or-buyers-agent/#post-4585266 Sun, 30 Mar 2008 22:18:50 +0000 We can help with both a PM and Buyer's agent in Adelaide :)

]]> ec1fcb98498e0566f43a22ced766f11c Xenia replied to the topic Time to Buy in the forum Help Needed! https://www.propertyinvesting.com/topic/4392764-time-to-buy-3/#post-4585194 Sat, 29 Mar 2008 23:20:05 +0000 Yes I agree, stay out of the market in winter! It limits the competition for the rest of us :)Also Adelaide is a really bad place at the moment so all you Perth investors, keep away

]]> d7c3d9dc402574a4a017649aa9cbaa70 Xenia replied to the topic I admit I've done the wrong way. I need help to GET OUT. Any advice? in the forum Help Needed! https://www.propertyinvesting.com/topic/4392770-i-admit-ive-done-the-wrong-way-i-need-help-to-get-out-any-advice/#post-4585210 Sat, 29 Mar 2008 11:04:10 +0000 Hi One book is just one persons method… Keep reading….The wrong method is actually doing nothing. Congratulations for buying a property and many many people made lots of money on just capital appreciation myself included. There are benefits and flaws to every method so I don't think you have done the wrong thing!

]]> 438bb7cd1d6e80db5fc200498d5696d5 Xenia replied to the topic Vendor Finance Association meetings in the forum Creative Investing https://www.propertyinvesting.com/topic/4392683-vendor-finance-association-meetings/#post-4584503 Tue, 25 Mar 2008 11:16:28 +0000 Where are your Adelaide meetings?

]]> 113a1570796bed80740c0de86b5160a7 Xenia replied to the topic Selecting a tenant in the forum Interview??? You should have https://www.propertyinvesting.com/topic/4392739-selecting-a-tenant/#post-4585036 Tue, 25 Mar 2008 11:03:53 +0000 Interview??? You should have a comrehensive and SIGNED tenant application form. The signature is required to check their details on tenant default databases such as TICA and NTD. I can spend a whole day going through important questions and why you should ask them. Tenant selection is important. The worst tenants we have on our books are the ones…[Read more]

]]> 619cd0382ca6606c98a8e6b17af92ca9 Xenia replied to the topic I want to buy a house in the forum Best to talk with a mortgage https://www.propertyinvesting.com/topic/4392576-i-want-to-buy-a-house/#post-4583975 Fri, 07 Mar 2008 23:09:54 +0000 Best to talk with a mortgage broker to work out your own specific borrowing capacity and repayment capabilities. Then you will know what to look for.

]]> 859d0aa4581879007ad79d139c628588 Xenia replied to the topic PM signed up at tenant at incorrect rent!!! in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4392551-pm-signed-up-at-tenant-at-incorrect-rent/#post-4583842 Fri, 07 Mar 2008 12:04:19 +0000 Did they lease it at or below market price?

]]> 2ec03d23e8e4f8c23bbc7b4c843c138c Xenia replied to the topic WARNING! Empowernet Advanced Real Estate Mastery in the forum Opinionated! https://www.propertyinvesting.com/topic/4391456-warning-empowernet-advanced-real-estate-mastery/#post-4577271 Thu, 29 Nov 2007 04:21:56 +0000 Thanks KJ :) I didn't attend this seminar but have been to similar ones in the past where there is an upsell at the end, it's just a fact of life that people give up their time if they are going to try and sell something at the end or get paid for doing the seminar!. I'm sure there would have been alot of useful information in the preceeding 5 days…[Read more]

]]> 85dc326147e28d8ccd2baa3bab853370 Xenia replied to the topic CASEY System in the forum Value Adding https://www.propertyinvesting.com/topic/4391026-casey-system/#post-4575304 Thu, 29 Nov 2007 04:10:52 +0000 The casey system is a written step by step procedure for sourcing and developing properties in SA, very basic knowledge and it came with a gaurantee of service that you can call the author at any time with questions. The people that developed it had alot of success at that stage but later ran into some financial trouble. Not sure what the arrest…[Read more]

]]> b9f772fbf61f856d6faffed8e7ead06d Xenia replied to the topic WARNING! Empowernet Advanced Real Estate Mastery in the forum Opinionated! https://www.propertyinvesting.com/topic/4391456-warning-empowernet-advanced-real-estate-mastery/#post-4577268 Mon, 26 Nov 2007 12:46:18 +0000 What did it cost for the 5 day seminar?

]]> 9d25ee283ca0f1f6d02bcbe90b5eb9b4 Xenia replied to the topic Property Manager Rates in the forum General Property https://www.propertyinvesting.com/topic/4391460-property-manager-rates/#post-4577336 Sun, 25 Nov 2007 12:56:36 +0000 Hi shanshan, There is more to property management than just collecting rent! A Good property manager should be like a partner in your wealth creation strategy and should save you money in the long run. I run a property management company, we have never advertised ourselves as being cheap but our landlords end up with more money in their bank…[Read more]

]]> e1c54e309bfa3d5ced3aed43af4ef332 Xenia replied to the topic Adelaide or Brisbane in the forum Help Needed! https://www.propertyinvesting.com/topic/4391491-adelaide-or-brisbane/#post-4577490 Sun, 25 Nov 2007 12:20:09 +0000 Hi EllerI know Brisbane has alot of potential but do not know any specific details about it. We only invest in Adelaide because we know it well! There are many things happening here which signfify higher growth in the real estate market. There are also some places with huge potential that are below the median price for Australia. Have a look at www…[Read more]

]]> df7fec4fced541b37e0681c82ef5d695 Xenia replied to the topic Adelaide investors - anyone want to form an informal club?? in the forum Creative Investing https://www.propertyinvesting.com/topic/4391305-adelaide-investors-anyone-want-to-form-an-informal-club/#post-4576582 Wed, 31 Oct 2007 12:23:53 +0000 Hi Lesley, We run a monthly investor network group that started as an informal club and now has over 500 members with around 100 attending each meeting. Please email me xenia@adprop.com.au to be included in the list for invitations to meetings. (no private messages here please I will never see them!!!)

]]> 0c1dd3ea52830e4582b9e1bdc6b96898 Xenia replied to the topic Investor Alert in the forum Overseas Deals https://www.propertyinvesting.com/topic/4391250-investor-alert/#post-4576343 Wed, 31 Oct 2007 12:21:02 +0000 Ok where are the moderators?

]]> db996866988331a4a2c287c36931db51 Xenia replied to the topic Lomas' Destiny financial company in the forum General Property https://www.propertyinvesting.com/topic/4391232-lomas-destiny-financial-company/#post-4576253 Tue, 23 Oct 2007 13:41:04 +0000 What are your goals? She targets a specific audience so you need to know how they can help you!!! She advocates very safe and passive investing and the requirement of income to fund property which is negatively geared but becomes positive or neutrally geared after tax. That means that it depends on tax benefits and income to fund the shortfall.…[Read more]

]]> 191511fc9ee898163e3a4f1b06ffe787 Xenia replied to the topic Been a while in the forum Forum Frolic https://www.propertyinvesting.com/topic/4390835-been-a-while/#post-4574318 Sun, 21 Oct 2007 14:15:57 +0000 Welcome back sooshie, I remember you from a thousand years ago :) I was a newby then!!!

]]> 73314e96cefe07134cff0f0e98923c0c Xenia replied to the topic Pushy Property Manager - how to get rid off.... in the forum Help Needed! https://www.propertyinvesting.com/topic/4391200-pushy-property-manager-how-to-get-rid-off/#post-4576127 Sun, 21 Oct 2007 14:10:07 +0000 I agree with Terry let the new pm handle the situation and lift the file from their office. You are not obligated to sign the agreement. They stuffed up as they should have had the agreement first before acting on your behalf. They can get into alot of trouble far beyond paying you what they owe you. Tell them that you do not wish to use them as…[Read more]

]]> 4590924579c4e9787b519c58b863310a Xenia replied to the topic Buyer Agent in the forum General Property https://www.propertyinvesting.com/topic/4391142-buyer-agent/#post-4575815 Mon, 15 Oct 2007 06:49:10 +0000 Buyer's agent's can certainly add value if they are skilled negotiators and know the market well. They can value properties better than the average investor and know when something is overpriced and what potential it has. There is no skill in buying at an auction. A buyer's agent's negotiation skills will not be used effectively. Most buyer's…[Read more]

]]> ed7d00de0d4c12aacf0586df10ff8ac7 Xenia replied to the topic Student accommodation in the forum Creative Investing https://www.propertyinvesting.com/topic/4391138-student-accommodation-3/#post-4575787 Mon, 15 Oct 2007 06:46:00 +0000 Yes you can, it is called subleasing and it should be disclosed in the initial lease agreement

]]> d6e2592749e2877b4d298a2b47c2c531 Xenia replied to the topic EXPENSIVE WEDDINGS YET HIGH MORTGAGES in the forum General Property https://www.propertyinvesting.com/topic/4390999-expensive-weddings-yet-high-mortgages/page/2/#post-4575159 Fri, 12 Oct 2007 13:45:35 +0000 We also had a big expensive wedding. People are more important to us than money and we didn't want to offend anyone by leaving them out. We had around 500 guests including their kids. I find it absolutley offensive when people invite families and state "no children" on the invitation just to save money! Children are people and part of a family.…[Read more]

]]> 937f15496044c4ad90e89b50b1569608 Xenia replied to the topic Never, ever renovate. in the forum Value Adding https://www.propertyinvesting.com/topic/4391114-never-ever-renovate/#post-4575680 Fri, 12 Oct 2007 13:34:23 +0000 You are going about it the wrong way. I have renovated many properties and the heaviest thing I ever picked up was a mobile phone and pen! The value of renovations is it ads equity to properties that you can borrow against to buy more properties. It's a wealth builder and very well worth the phone calls :)

]]> e14d461d10b2372e6d3ccac92e320ebb Xenia replied to the topic Property Manager not returning calls or emails in the forum Help Needed! https://www.propertyinvesting.com/topic/4390971-property-manager-not-returning-calls-or-emails/#post-4574948 Sat, 29 Sep 2007 13:34:42 +0000 I dont agree with agents locking clients into a contract if they are not happy but most of them do it. We allow all our clients an escape at any time if they are not happy.As a pm I can state that the service you are recieving is very poor irrespective of where it is. More than 14 days? How much more? 30, 40??? Why was a rent arrears control not…[Read more]

]]> 3855a472c45a50912e81032b75a805b8 Xenia replied to the topic Very honest Real Estate Agent!!!!!! in the forum Opinionated! https://www.propertyinvesting.com/topic/4390532-very-honest-real-estate-agent/#post-4572584 Sat, 25 Aug 2007 13:56:17 +0000 Banks can make mistakes too just like everyone else. An honest person would question it and give it back, just because they made a mistake didn't give him the right to spend it! If you are at a restaurant and they bought out the wrong meals and put them in front of you would you eat them? Most of us would tell them they are not ours knowing that…[Read more]

]]> b97fa7fbe7b80e97f7ec582da3f0f054 Xenia replied to the topic No more bottled water and take away coffee? in the forum Opinionated! https://www.propertyinvesting.com/topic/4390448-no-more-bottled-water-and-take-away-coffee/#post-4571990 Fri, 24 Aug 2007 13:06:46 +0000 Hi Marc, Yes they are expensive! Third one is just 2 weeks old so does not go to school the other 2 are costing us a fortune in tuition fees plus uniforms plus lunches plus excursions etc… We calculated over $1million spent on education until were done for all 3. Makes my $3 coffee seem insignificant :) (there I don't feel so bad now for having…[Read more]

]]> 9fd14bd97e4d7d78685fdac0f7fa69c6 Xenia replied to the topic option2buy in the forum General Property https://www.propertyinvesting.com/topic/4390570-option2buy/#post-4572753 Fri, 24 Aug 2007 12:55:13 +0000 What people?

]]> 9104dcba4f6c62b950d0be2954300092 Xenia replied to the topic Landlord's insurance in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4390301-landlords-insurance-12/#post-4571168 Thu, 23 Aug 2007 11:48:27 +0000 C2 wrote:
If you can afford lifes hiccups then you may not need landlords insurance, but for peace of mind I would suggest getting some.Xenia, Have you read my nightmare swimming pool claim?  How would you have handled this situation without landlords insurance?Sometimes it doesn't matter how good your PM is problems can occur.

Yes I agree…[Read more]

]]> 83e30ba00f1b951c1222d334995ba160 Xenia replied to the topic Personal Affect in the forum General Property https://www.propertyinvesting.com/topic/4390551-personal-affect/#post-4572678 Thu, 23 Aug 2007 11:44:19 +0000 zero! No wage or salary and we intentionally structure it like that to avoid paying this ridiculous money and time wasting scheme called superannuation!!!!

]]> dd171796cc8b01a03dd9729ca08f2834 Xenia replied to the topic No more bottled water and take away coffee? in the forum Opinionated! https://www.propertyinvesting.com/topic/4390448-no-more-bottled-water-and-take-away-coffee/#post-4571987 Sun, 19 Aug 2007 12:53:16 +0000 L.A Aussie wrote:
Depends on your focus. Recession or not, we don't buy take-away coffees (one coffee in the morning with breakfast, and thermos while out on the road on the road-trips; about 15c per cup) and we recycle our empty water bottles with the water out of those big self-serve machines at the supermarket for 35c per gallon (about 8c per…[Read more]

]]> a8ff70289f0663062eea2f74810525d5 Xenia replied to the topic Buying off the plan and then onselling- Do I need an agent to do so? in the forum I think it is all state https://www.propertyinvesting.com/topic/4390526-buying-off-the-plan-and-then-onselling-do-i-need-an-agent-to-do-so/#post-4572553 Sun, 19 Aug 2007 12:28:57 +0000 I think it is all state specific. Don't ask an agent, ask your conveyancor or solicitor whether it can be done. Generally, I don't think you need an agent you just need to assign the purchase contract and a solicitor can do it.

]]> 0a724690c69f3597b6441a0bf7e03479 Xenia replied to the topic taking agent to court in the forum Help Needed! https://www.propertyinvesting.com/topic/4390514-taking-agent-to-court/#post-4572461 Sun, 19 Aug 2007 12:25:36 +0000 Did they end up selling the  house?

]]> 0b8970a23bae75a142a8c278a924a8d1 Xenia replied to the topic How to start in the forum Help Needed! https://www.propertyinvesting.com/topic/4390513-how-to-start-2/#post-4572411 Fri, 17 Aug 2007 12:47:33 +0000 You need to develop specific goals for where you are going. No one can tell you what it is as it can only be specific to your own strengths and goals. I personally like the long term buy and hold strategy mixed with some positive cash flow trading schemes to help offset negative equity. This is not suitable for everyone!!!Only then can you decide…[Read more]

]]> 47bc20a6bab604c247bfe398cd0144dc Xenia replied to the topic Chossing Buyers Agent in the forum Help Needed! https://www.propertyinvesting.com/topic/4390509-chossing-buyers-agent/#post-4572396 Fri, 17 Aug 2007 12:40:29 +0000 Being licensed and having indemnity insurance are essential. I would also ask if they are an ivestor themselves and how much of their total income is derived from investments versus from working as a buyer's agent. You want most of their income to be coming from their invstments. They shoud NOT be a selling agent at the same time, this is…[Read more]

]]> 54cb704ed26a877a780bd8cc1c3ba59f Xenia replied to the topic No more bottled water and take away coffee? in the forum Opinionated! https://www.propertyinvesting.com/topic/4390448-no-more-bottled-water-and-take-away-coffee/#post-4571982 Mon, 13 Aug 2007 13:48:49 +0000 I remember in the eightees when the news kept saying that we are in a recession. Nothing changed (my parents were investors) except for the fact that that period was labelled as a "recession". If you are cashed up and ready it should be the best time to buy properties!

]]> e2c273e93b6f9cd82b7aa94fd74f9883 Xenia replied to the topic Jenman on 'RENT TO BUY' SCHEMES in the forum Creative Investing https://www.propertyinvesting.com/topic/4390466-jenman-on-rent-to-buy-schemes/#post-4572170 Mon, 13 Aug 2007 13:43:29 +0000 That's Jenman for you always looking on the bright side of life :)We have had 6 rent to buy option contracts excercised by purchasing tenants in the last couple of months all with built in equity (the strike price of the option was below the current market due to an upward movement in the market and the ability of options to lock in a price) so not…[Read more]

]]> db323f2c06fe3f38aa91afd1332d8ce7 Xenia replied to the topic How would a student with an education debt go about property investing? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390389-how-would-a-student-with-an-education-debt-go-about-property-investing/#post-4571720 Thu, 09 Aug 2007 12:22:26 +0000 You know if you become a full time property investor you will never have to pay off that hecs debt. :)Repayments are based on working in a job not money earned through capital appreciation in or cashflow in property. Nor is it dependent on money earned through a business for which you are a share holder and not self employed. Ours will be owed forever!!!!

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