SA Sight unseen buy in SA - Thanks D.T

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

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  1. devank

    devank Well-Known Member

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    Inner West - Sydney
    I get lots of questions about this thread. I will answer few common ones publicly.

    What is your opinion on the Adelaide market currently?
    I don’t know enough to make a comment. I think it will grow slowly but consistently without making a big scene.

    What were your specific goals?
    Diversification in IP location. Getting in when there is not much completion. No damage to the pocket.

    How was the process of buying in Adelaide?
    Each state is slightly different mainly in settlement period /cool-off period.

    Have you bought sight unseen before?
    Practically 80% of them are sight unseen.

    What suburbs caught your interests and why?
    I looked at suburbs where IP can look after itself, has room for capital growth and has potential to grow.

    Where did you buy?
    Morphett Vale in South & Paralowie in North.

    Was MV a standard listing of an Affordable Homes listing?
    It was a standard listing. They had a failed finance. I offered without finance condition which helped.

    How was your dealing with DT?
    It worked out well for me. He was direct and honest.

    Are you using DT as a pm?
    He didn't have PM licence when I bought them.
    I'm still with my initial PMs. I'll stay with them until I there is an issue.

    How your IP is doing in ADL?
    We bought two there. First one doesn't have any trouble. We never heard anything from the agent. Recent one has a bit of trouble with bathroom. Going to cost bit of money to fix it up.
     
    Last edited: 4th Apr, 2016
    devank, 4th Apr, 2016
    #81
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  2. D.T.

    D.T. Specialist Property Manager Business Member

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    Location:
    Adelaide and Gold Coast
    I think you mean south and north respectively ;)

    Also happy to field any other questions on this.
     
    Last edited: 4th Apr, 2016
    D.T., 4th Apr, 2016
    #82
  3. devank

    devank Well-Known Member

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    Whoops... Thanks. Fixed it.
     
    devank, 4th Apr, 2016
    #83
  4. bob shovel

    bob shovel Well-Known Member

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    Lower Blue Mountains
    Also offers PA services ;)
     
    bob shovel, 4th Apr, 2016
    #84
  5. D.T.

    D.T. Specialist Property Manager Business Member

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    Fixed that for you :cool:
     
    D.T., 4th Apr, 2016
    #85
    bob shovel likes this.
  6. bob shovel

    bob shovel Well-Known Member

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    Touche assistant :D
     
    bob shovel, 4th Apr, 2016
    #86
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  7. devank

    devank Well-Known Member

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    An update.
    That was written in early April. I had few tenant/maintenance issues. PM wasn't proactive enough to handle matters. They expected me to be more hands on. I switched to @D.T around May.
    He found the new suitable tenant. Never heard anything about the property since the move but the rent is coming in. That's what I like :)
     
    devank, 21st Aug, 2016
    #87
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  8. devank

    devank Well-Known Member

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    Another tick for @D.T.
    He is the first one to send out the financial year statement!

    upload_2017-7-3_10-22-22.png
    It shows how organised he is.
     
    devank, 3rd Jul, 2017
    #88
    ellejay, bob shovel and D.T. like this.
  9. D.T.

    D.T. Specialist Property Manager Business Member

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    Thanks @devank Do your PM's in other states charge for EOFY statements? One of mine for my interstate properties charges $55 per property, I don't believe in charging for it at all.
     
    D.T., 3rd Jul, 2017
    #89
    Baker likes this.
  10. abbyfresh

    abbyfresh Well-Known Member

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    VIC
    I received some End of Year statements last Friday on 30/06/17 - talk about over organised! It is not like I am doing my returns that fast.
     
    abbyfresh, 3rd Jul, 2017
    #90
  11. devank

    devank Well-Known Member

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    No! It is just one of the essential service. I would consider as hidden fee if they charge.
     
    devank, 3rd Jul, 2017
    #91
  12. Wukong

    Wukong Well-Known Member

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    NSW
    DT needs to be cloned into every state
     
    Wukong, 3rd Jul, 2017
    #92
    D.T. likes this.
  13. bob shovel

    bob shovel Well-Known Member

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    WA?
    Another dt fan here :D
     
    bob shovel, 3rd Jul, 2017
    #93
    D.T. likes this.
  14. D.T.

    D.T. Specialist Property Manager Business Member

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    Do you have any SA properties?
    Working on WA after the popularity our SA office has had, but a lot of stars need to align first.
     
    D.T., 3rd Jul, 2017
    #94
    ellejay likes this.
  15. bob shovel

    bob shovel Well-Known Member

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    Yeah wa the cash cow state. ... for PM's;) flat rate of 18% and you'll have all of Perth knocking on your door
     
    bob shovel, 3rd Jul, 2017
    #95
  16. D.T.

    D.T. Specialist Property Manager Business Member

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    Adelaide and Gold Coast
    You've been talking about coming for a visit since 2015?! :p
     
    D.T., 4th Jul, 2017
    #96
  17. larrylarry

    larrylarry Well-Known Member

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    Sydney
    i was planning to come in dec 17...really, with cousin from overseas but hes got 2 very young kids... is kangaroo island doable?
     
    larrylarry, 4th Jul, 2017
    #97
  18. bob shovel

    bob shovel Well-Known Member

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    They may not allow baby goats you should call ahead... or DT could sign then onto a lease in the 'beth :D
     
    bob shovel, 4th Jul, 2017
    #98
    larrylarry likes this.
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