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SA Sight unseen buy in SA - Thanks D.T

Discussion in 'Where to Buy' started by devank, 26th Aug, 2015.

  1. devank

    devank Look, lets just get on with this, ok? Premium Member

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    This is a comment I made on one of @Rixter's thread 'This Is How I purchased My Interstate Investment Properties'.

    Well.. that is what I exactly did.
    1. Got friendly with @D.T. Found out that despite of his posts, he is actually a decent bloke :p
    2. Got his advice on the location which suits my strategy
    3. Researched on the web (well... simply the RE website) and gave him a list of properties to inspect. He gave me a written report and his opinion. I paid him for each.
    4. Made a fair offer and got the deal done.

    Here are the numbers:
    Suburb median price $290K.
    Renting for $270 pw.
    Advertised for 250K.
    Bought it for 235K.

    Few people here would be able to make better deals.... but I think it is a good deal for a 'desktop investor' :oops:

    It is fair to say that, this wouldn't have happened if I didn't have @D.T. to guide me. So... thanks buddy.
     
  2. Coota9

    Coota9 Well-Known Member Premium Member

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    Well done @devank sounds like a solid purchase.
    What area did you buy in?
    Sounds like a lovefest with @D.T. but I have found him to be straight up and very open with his advice..and it's not true..he actually likes little old ladies:D
     
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  3. Corey Batt

    Corey Batt Finance Strategist Business Plus Member

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    Sounds like a strong buy, congratulations Devank.

    As always, buying a median style property for significantly under is generally the marks of a fundamentally sound investment.
     
    devank likes this.
  4. Hodge

    Hodge Well-Known Member

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    He's a good bloke that DT. ;)
     
  5. D.T.

    D.T. Adelaide Property Manager Business Member

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    You're welcome, @devank that was a pretty good buy. Rent covers its expenses, sub-dividable in the long term, some depreciation in the short term.
     
  6. Coconutwheels

    Coconutwheels Well-Known Member

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    Great PC networking!
     
  7. Mombius Hibachi

    Mombius Hibachi Well-Known Member

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    Nice one DevanK and excellent work D.T. you legend!
     
    devank likes this.
  8. hotmail

    hotmail Well-Known Member

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    Is it 19 Karingal Way?
     
  9. devank

    devank Look, lets just get on with this, ok? Premium Member

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    All strictly professional :)
     
  10. larrylarry

    larrylarry Well-Known Member

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    @D.T. Only does Adelaide? My next destination for a break.

    Congratulations @devank
     
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  11. bob shovel

    bob shovel Well-Known Member

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    Top job guys! Great way to to cover your DD checks.
    Do you post a brown paper bag to cover payment or is it more formal? ;)
    I can see this service being in demand
     
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  12. Be Developer

    Be Developer Property Developer Business Member

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    @devank

    good on you and congratulation!

    @D.T. seems like another keyboard warrior with happy to help attitude.:)

    good work!
     
    devank likes this.
  13. R377

    R377 Well-Known Member

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    Great networking, quite a few of us from Adelaide posting on here
     
  14. Nemo

    Nemo Well-Known Member

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    You got a good buy Devank. I went to the open too as I've just moved in up the road. My house is about 200m away.

    There's a few bargains to be had in the southern suburbs in my opinion. Lots going on.
     
  15. Azazel

    Azazel Well-Known Member

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    Depends on how legal it is ;)
     
  16. devank

    devank Look, lets just get on with this, ok? Premium Member

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    I like Adelaideans at the moment :)
     
  17. D.T.

    D.T. Adelaide Property Manager Business Member

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    It's completely legal of course.
     
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  18. Patamea

    Patamea Well-Known Member

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    @D.T. i look forward to utilizing your services in the future :)
     
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  19. Azazel

    Azazel Well-Known Member

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    Good stuff.
    Are you like a buyers agent?
     
  20. D.T.

    D.T. Adelaide Property Manager Business Member

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    No, I'm not sourcing properties. I can point you in the direction of a good friend who is a buyers agent if you need help choosing a property.

    My service is for people (usually interstaters) who have already spotted properties they like and need someone to go have a look, give them my views, a written report with some photos. Saves the time and the cost of flying to SA.
     
    Last edited: 27th Aug, 2015
    Tranquilo, WattleIdo, skater and 3 others like this.