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  1. I

    Adelaide: First Investment

    Thanks guys. Im not looking for a quick dollar, well with this property anyway. Its close to everything (obahn, Linea Park, shopping centre), in a little quiet group. The tenant is also really nice, studying for his PHD, so that helped seal it a little for me. On to my next purchase...
  2. I

    Adelaide: First Investment

    Im pretty sure it is legal... but she doesnt seem like she would know, so it would just be a ploy to get her to get her son to own up to it. Ended up buying in Paradise
  3. I

    Adelaide: First Investment

    And what a night of "celebration" it was. Went out with my best mates for some pool, a coffee etc, and get home ready for bed, and Mclaren Vale tomorrow. All was going nicely... until i find my dads car absolutely smashed, and the neighbours water connection destroyed, spraying water 3m into...
  4. I

    Adelaide: First Investment

    REA coming over at 3 to sign the contracts :D.
  5. I

    Adelaide: First Investment

    Wish me luck. Just made my final offer on a unit. Took on a lot of advice from you guys, and it lead me to widen my searches and not just have the blinkers on for the northern suburbs. I looked <10km of the CBD, and found something in a small group with good tenants, at what i believe is a good...
  6. I

    Adelaide: First Investment

    Awesome AWESOME advice guys. Thanks for taking the time to answer my questions. It is tough at first, but i think it best not to rush into things. My strategy has changed slightly now due to taking some advice on, and spending more time looking, instead of getting my heart set on something...
  7. I

    Adelaide: First Investment

    CHeers Gools... helped a lot. This is tough stuff haha. I had planned on going out north to get my first (or first 2 IPS), and then look to move in closer to the city, perhaps around the eastern suburbs. Starting out north means it is more affordable for me, and i wont have to outlay so...
  8. I

    Adelaide: First Investment

    Just went for another 2 open inspections today. 2 units in Salisbury... one near Parabanks shopping centre, and the other near Hollywood Plaza. Both were asking 150k, with the one near Parabanks needing a bit of work done, and the tenants could be a little cleaner. Good potential, in a...
  9. I

    Adelaide: First Investment

    Thanks Rob, will look into it.
  10. I

    Adelaide: First Investment

    Thanks Investor! Ill be sure to grab one (or a few) of them. Its too hot to do much else here in A-Town, so may as well do something productive with my time.
  11. I

    Adelaide: First Investment

    Thanks guys! A few of the houses i have looked at have tenants that have been in there 3-5 yrs, and wish to stay on if possible. If i can grab one of these, with a long-term tenant, i think it would be a good grab. Im keen on reading a few books on the topic, so if anyone has some titles...
  12. I

    Adelaide: First Investment

    Hey guys. Ive been looking for a while now for an investment property (or 2), as its always something that has interested me. Being 22, and living at home has its benefits, as i am able to save a good amount of what i earn, and always have the family behind me for support (wog family :P)...
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