jayhinrichs wrote:
To turn key or not turn key that is the question…..Shoot its a tough go when your doing it on your own from across the globe… Of course the price of these homes if you lose all your money its no big deal right.I really think the inner city US properties can only be successfuly run by those that live and work it.No way it…[Read more]
labradorinlove wrote:
I’m really confused and need advice.I’m selling a house in Phoenix AZ. The buyer is getting an FHA loan to buy it.Apparently the lender will not approve anything above what a market appraisal says the house is worth.The first appraisal done came in at $66K. They also said I needed to install an AC unit, install a dis…[Read more]
Hey All been a way for a few days picked up 9 homes this past week.( jay the prices you mentioned $20k to $23k highest priced ) Guess hands on is hands on. I am now running the rehab for my company fired a couple contractors. My real estate partner is the opening the Loan company up. So out of the office quite a bit.Jay I agree on Atlanta but I…[Read more]
kylermrice wrote:
When I go to Florida I am pretending to buy homes. Really go for the fishing and fun in the sun.Cant go wrong for that their.I'll keep you in mind for my next big trip i set up in Tampa! Three days and nights in some of the best hidden reefs from a good charter. About 300 bucks a person is a steal if u tried to do it in y…[Read more]
Texas Cash Cow Investments Australia wrote: Texas tops the list for the 7th straight yearCHICAGO, Jan. 2, 2012 /PRNewswire/ — Texas may be holding on to the Magnet State title, but the Allied Van Lines' 44th Annual Magnet States Report released today shows California enjoying a position on the inbound list after more than a decade on the…[Read more]
zmagen wrote:
Have to say I like the owner-financed option as an exit strategy – I'm just wondering how much you could add to the price when selling it, if say the area hasn't gone up at all since you bought? If you add less than 12-15% to your total benefit, wouldn't you have been better off selling it, like Eng says, at no…[Read more]
zmagen wrote:
Have to say I like the owner-financed option as an exit strategy – I'm just wondering how much you could add to the price when selling it, if say the area hasn't gone up at all since you bought? We would be selling on hopefully tomorrow prices. If purchased as investment for say $79k , selling for $129k down the road. If you add…[Read more]
johnpat wrote:
HiNot sure if relevant but have come across a property fund called ROC 11 The first fund closed early 2011.The Australian manager is Spire Capital and the USA co behind the fund is Bridge Investment group.They have been around 20 yrs and manage over 14,000 USA rental properties.The first fund have averaged 26.8% net since…[Read more]
lawsjs wrote:
I don't know how others feel (Jay and Alex would be interesting) but I would not let a Wall St fund anywhere between my money and real estate. My sister (Emma) has been really successful in subprime stuff because she can outperform, out manage and out deal the bigger operators – she is on the ground doing it. The only reason she is…[Read more]
jayhinrichs wrote:
Owner financing is a huge part of US real estate sales… Most lease to own and or really low down marginal Owner carry deals are really just glorified renters… Although the theory is they pay the property tax's and maintain the home… Very few will actually be able to finance with a bank and pay a person off again thats a…[Read more]
kylermrice wrote:
biggerpockets is still free and i'm not a big fan either. There site is down, there server crashed the other day. I'll have to check out somersoft.
Was looking into being one of speakers at the next main even .instead going to go and be a paid guest.,No that impressed with them always been a CRE-ONLINE guy
kylermrice wrote:
You go to Miami and u won't wanna go back to OZ. If it wasn't for the recession in Florida i would have never left. But, then again i couldn't make the money i make here in Florida
When I go to Florida I am pretending to buy homes. Really go for the fishing and fun in the sun.Cant go wrong for that their.Talk soon
zmagen wrote:
Brilliant thread, thanks for the great information – I'm also finding global real estate to be an exciting, profitable and great niche to be in. ))Couldn't agree more with Alex – credibility, doing the right thing, knowing your stuff and presenting it clearly are the keys to successfull business, in this field and all…[Read more]
lawsjs wrote:
Alex – can you explain why you see little growth inside 10 years? It's not that I don't see any growth, I just feel that everyone is under the impression that anything you buy in the USA will double in value within that time period. I am just afraid too many clients are on being sold on buy now in the USA because of 20 % cash flow…[Read more]
people wrote:
given that the US is selling properties by the 100,000 so cheap. what are the potential risk factors of future tax's being place on non domestic realestate holders??? With the USA their really is no telling but I can see them finding ways to tax or look at ways of International property investors. Hell they already do it to Local…[Read more]
emma171 wrote:
Alex – took me forever to find someone – I sent this out when I did. QUOTE We do it very regularly for Australian residents who have property overseas and we have no difficulty with treating it according to Australian taxation regulations. Plus our ATO approved software allows us to easily process the overseas property and…[Read more]
kylermrice wrote:
hahaha, this forum is the best one i use hands down. Me too alot of good feed back and activity. You don't get this good of content in the States Their are some good USA forums as well. I agree a lot with what lawsjs is saying and Jay's type of investment is a good deal. If i could get over the fact that i don't get to hol…[Read more]
Thanks all for the leads. Being I am dealing in both markets thought it is best to learn all myself. To many people in this business are willing to just listen to what others have to say. With out truly learning things for them selves.So my advice for any and every one. Is learn everything you can out their . Information is the key to success i…[Read more]