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  1. M

    Peoples thoughts on Adelaide?

    They are fixed price sales, but they are negotiable on settlement time and deposit amount. They will also put the contract subject to finance, but wont put it subject to building inspection. They do give you an extended cooling off period to complete the building inspection instead, 8 days total...
  2. M

    Peoples thoughts on Adelaide?

    Get your pre-approval letter or a funds to complete letter from a mortgage broker and as soon as the AH house comes online email the agent with the forms attached. First email gets first right of refusal. Even if your not 100% on the house just email, its tough to be first in. Have bought...
  3. M

    Adelaide southern suburbs... Is it worth buying? Suggestion?

    Picked up a 3br house in Hackham West 2 weeks ago. Waiting for settlement atm. Will be a renovate and hold. Also offered on a Max De Boo property. Was the only bidder at auction, didnt meet reserve, couldn't come to an agreement on price.
  4. M

    Caveat on property going to auction

    Thanks for the input. I will get some advice on any special conditions I should negotiate. Have the contract and caveat looked at before auction, and go from there. Caveat is on 3 properties, was lodged 10 days ago, and its a relationship that has split. Has anybody negotiated a $1000...
  5. M

    Caveat on property going to auction

    Im interested in a property going to auction soon that has a caveat. It has a caveat that was lodged in the last month. I suspect it was only lodged after the property was listed for sale and that it may take some time to settle. This is no problem for me. What do I need to do to protect...
  6. M

    Seeking help for duplex construction cost

    Perfect, thanks for the help
  7. M

    Seeking help for duplex construction cost

    Slightly off topic, but what does a bank secure the construction loan against? It it just secured again the house, in stages, as its constructed?
  8. M

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    They needed a huge amount of work. Missing copper in both sides, blood stain across the ceiling, floors, paint, tiles, kitchens, soil movement, needing 1 new hot water system, 1 window + frame, had moister in the ceiling leaking down walls, no blinds. Had been patched up many times, re-tiled...
  9. M

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Floors polish 100sqm (1 side) $2500 Kitchen (including 1 stove) $3000 ? Paint/Patch $4000 (1 side, plus a few rooms on the other side) ? Split System $2500 x 2 Blinds $1500 Both sides Bathrooms (cant really tell) but they needs some work + fittings $1000? 1 window replacement $350 At a...
  10. M

    Peoples thoughts on Adelaide?

    Just couldn't get out of uni in time to attend, but looking forward to reading the details.
  11. M

    Peoples thoughts on Adelaide?

    Wasnt a tuesday night open inspection by any chance?
  12. M

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Thought I might ask in here, as it might be something agents do in the area. Tenants are leaving mid-April and have been given notice. Agent has said they will do opens after the previous tenant has moved out. Is it common is Elizabeth to wait till the tenant has vacated to do opens...
  13. M

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    anybody know the price?
  14. M

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    Any buyers here
  15. M

    Best thing to add to tenanted home?

    What kind of return do people aim for when spending to increase rent? Eg, I spend $3k to so a new kitchen in the hope of increasing the rent by X, which would pay me back in Y years. I would assume there is a ratio of spend to weekly/yearly return.
  16. M

    My new purchase - Highbury SA

    I'm sure there are people like myself, that don't have much to offer to your development but are getting a lot out, so keep the updates coming.
  17. M

    how to make $110k 12mths without quitting my day job

    Bunnings sell the plug in timers. Can set your powerpoint (eg lamp and radio) to turn on/off every 10 minutes. Very good to keep unwanted people away.
  18. M

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    I'm not eligible, my girlfriend is. She will need to be the sole owner of the property if we buy.
  19. M

    Elizabeth Downs -Hot lead for low cost Mortgagee Sale

    http://www.smallacombe.com.au/Buying/Search/Detail.aspx?id=SS7181&wlid=17cb6340-7ba7-4379-9b3d-2cab38718878 Or pick up next door for $5k less: http://www.realestate.com.au/property-house-sa-elizabeth+park-118223899
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