Well I’m just going to say that US Prime Property was a great website for me to buy property off. As newbie to the real estate business they have heaps of info on their website. But thats just my 2 cents.

None. Used a friend over in USA to lend it for me. He gets 50% of my return till I pay him back to all of you asking why he would do that.

Half from the bank, half from my dad Got to pay both parties back tho. Have a long term loan with the bank, and dad can just wait haha

Haha, I just love the quotes from the movie. But yea, thinking i’m just going to sit for a bit and keep searching around till I find another property I deem “worthy” enough haha. Plus I don’t won’t to borrow to much money just yet, If I end up borrowing to much and something happens to my investments then I shall be McScrewed

Ok, now thats a little better white_goodman. I understand where you are coming from and after reading your post I understand that yes, I would listen more to peoples views that have been through the boom and bust cycle, and I would never trust just statistics alone. <moderator: delete comment> I had a lot of trouble with them when i used to live t…[Read more]

Ok, now THAT answers my question and I agree I might have been insanely wrong about Vegas haha. Thank you so much iawsjs. That post has got to be the most helpful post I have read on any forum so far. I think this is going to help me greatly I appreciate all the time you’ve put into answering all my newbie questions Have fun at Melbourne Cup

Well it sound like your well misinformed about moodys, considering they have over 4,000 of the top analytic representatives in the world working for them in over 28 countries alone. Not to mention after the GFC they now analyze every major banks standard and poor's valuation and risk strategies. I think I would trust what they have to say over…[Read more]

lawsjs,

About your sister buying property in LV, I think she is crazy to invest in property there. I’v been doing some more research and found that LV is forecast to drop 19.4% by the end of next year! Here is a link to prove it http://cgi.money.cnn.com/tools/homepricedata/index.html
Just select the state and then the city and you will see the…[Read more]

Dan,

I bought a 4 bed, 2 bath single family home. I am receiving 17.4% ROI PA. The house i bought looks nice and was already tenanted.

Yea I get what your saying thank you for your response I'm only 23 and just starting out in the real estate business so hearing feed back on other peoples experiences is really helpful. Especially successful peoples opinions like yours are hard to come by. Thats why I really liked the US Prime Property website. It seems they are a down to earth,…[Read more]

Iawsjs,

I would like to hear your views on why you think Cleveland property is going to only go downhill. I was thinking of investing in some property there to but now you have me thinking haha

I agree with everything you said in your 2nd last post Iawsjs, a commission that high should be illegal. Thats crazy. But in my opinion your a bit mislead about Cleveland. It may have dropped ruffly 6% last year but its forecast to increase 2.8% each quarter till 2012. Its not the greatest market for your average investor but if played right I’m…[Read more]