Overseas investors

Viewing 7 posts - 1 through 7 (of 7 total)

Sooshie
Member
@sooshie
Join Date: 2002
Post Count: 974
January 17, 2003 - 4:08 pm
Hi all!
I know of people interested in investing, however since they are from U.K. they are unable to buy property in Australia without a permanent residency status and/or unless the property is an ‘off the plan’ purchase. Can anyone shed some light on this situation?
Cheers and have a nice weekend
Sooshie
There are no problems, only solutions!
AD
Participant
@ad
Join Date: 2002
Post Count: 636
January 17, 2003 - 11:25 pm
Maybe wrap them a property…win.win…
Enjoy
AD [:0)]
Enjoy
AD
Success is not the result of sponataneous combustion. You must set yourself on fire.
Reggie Leach
Sooshie
Member
@sooshie
Join Date: 2002
Post Count: 974
January 25, 2003 - 2:05 am
Hi AD,
These UK investors have more money than I. They could buy property outright, I don’t understand why they would need me to wrap them a property? It is possible I misunderstood what you are suggesting, could you please clarify for me. I tell you, I am soooo slow now. Fuzzy brain syndrome []
Cheers
Sooshie []
There are no problems, only solutions!
Steve McKnight
Keymaster
@stevemcknight
Join Date: 2001
Post Count: 1,763
January 25, 2003 - 2:59 am
Hi Sooshie,
Hope you’re enjoying this heat [8D].
I gave Brent a project to do a few weeks ago which was to look at foreign investment in:
*Australia
*US
*Canada
*UK
He is currently doing the research and we hope to publish the information on the site by mid Feb.
Cheers,
Steve McKnight
**********
Remember that success comes from doing things differently.
**********
Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
https://www.propertyinvesting.com
Success comes from doing things differently
AD
Participant
@ad
Join Date: 2002
Post Count: 636
January 26, 2003 - 4:28 am
My thoughts where Sooshie that if they cannot buy property convevtionally then you can give them an opportunity to own real estate through L/O or Wraps ??
Just a thought.
Enjoy
AD [:0)]
Success is not the result of sponataneous combustion. You must set yourself on fire.
Reggie Leach
Sooshie
Member
@sooshie
Join Date: 2002
Post Count: 974
February 4, 2003 - 4:09 pm
Hi,
NOOOOO Sooshie is NOT enjoying this heat. I was born in June….winter time… I believe in my former life I was an Eskimo. I like the heat as much as I like mosquitos. Mosquitos have to be the worst bug on the planet. My neighbours have complained about the aircon keeping them up all night. Well it was 44 degrees! It’s hot tonight aswell Uuchhh! Anything over 21 degrees and its too hot for me.
Okay, so now you know my sore point (lets not bring up heat again!!!)
As for the suggestion to wrap them a property, its a very good idea. I will look into it. I’ll wait till the weather is cooler though.
I look foward to Brent’s report, Steve.
Cheers Reggie and Steve
Sooshie [:0)]
There are no problems, only solutions!
Nathan1
Member
@nathan1
Join Date: 2003
Post Count: 30
February 5, 2003 - 12:35 am
I am also interested in the whole overseas thing, at least so I know what my options are. My business partner convinced me to hold off on the investing just for a few months while we’re building our business, as I am the programmer creating the system that is our business model, and I need to focus. (his words). Our business is going to fund both of us jumping into the +ve cashflow property market. (in a nutshell, we’re building an extremely useful online service for real estate agents, but I won’t say anymore for now)
email: g e n e r a l g h e r k i n @ y a h o o . c o m
phone: 0405 411 098