Nigel Kibel wrote:
I do not back away from what I said. I am not saying all agents are bad. It just most agents as in Australia deal in residential sales and do not understand investments. Investment is a specialized area not all agents understand this
Nigel that is a really good point. For me to use an agent the first thing I do is ask the…[Read more]
I would have to pick Atlanta I am not buying to many properties their. How ever my preference would be Atlanta . Prices are great their. Long term I am bit worried about Atlanta coming back if your looking for appreciation but cash flow strong .Alex
speedy gonzales wrote:
Engelo,This sounds similar to a product that a forum member Jay Heinrichs from True Wholesale Houses does. Slight difference is that with Jay's product…the rate is 7% to 9% on your investment paid monthly. The big difference however is that with TWH…you also participate in the equity of the home and have a note over…[Read more]
engelo10 wrote:
Hi all,I have just lent some money to a business that buys property in the US. Its a 5 year contract with an interest rate of 10% per annum. After 5 years there is a possibility to extend or get a balloon payment of the funds lent. If repayments are late by 60 days I can repossess the properties. What are your thoughts on this…[Read more]
jayhinrichs wrote:
these reports change with the wind and really mean nothing."although they talk of San Jose My birth place in 1956…. San Joe and the SF peninula saw very little price compression.And I am not sure what houses sell for in OZ I would venture to guess mid pennisula,,,,, cupertino to Palo Alto, Los Altos Menlo park, are as high…[Read more]
jayhinrichs wrote:
In my opinion Zillow is nice to gather data get a general feel of value and rental price… To use zillow as your value vehicle like its true market value will lead to one either missing a great deal or paying too much as the data just is not very accurate.. One really needs to either get a few BPO's from local RE brokers or…[Read more]
Pat007 wrote:
I have found a place that was previously valued at around $25,000 USD for sale at around $9,000 USD pictures show the outside structure appears intact but some windows are boarded up.Obviously as they show no inside pics, the place has been trashed by a tennant / owner before repo or eviction. This is the type of investing that…[Read more]
jayhinrichs wrote:
Huge Area Atlanta… takes hour or more to drive from one side to the other..so one size does not fit all…
Jay is correct Atlanta is a huge market and takes literally an hr to get from one side to another side. We focused on just a few towns but have since limited our Atlanta buying. Goolge Atlanta property management…[Read more]
CheevesFinancial wrote:
Richard,If you provide financing for international investors, I can do more business for myself and give some to you! I have Australian and Israeli investors at the moment, some looking for financing.Feel free to send me a private message with a link to your website or program that you offer. I'd like to know your q…[Read more]
jayhinrichs wrote:
Micheal you get to the states lets have a beer.. Your obvioulsy very astute. and I appreciate your feedback and allowing me the license to incorporate Pear shaped investment into my lexicon going forward Their are REITS that just buy Notes performing and Non performing as well…whole different level of…[Read more]
jayhinrichs wrote:
That slick lawyer we meet .. the young man that looked 2 years out of law school… I could eat him up an spit him out on the transaction side,,, I am sure he has next to zero real world experince.Most lawyers are just terrible at negotiating a RE deal.. Not in their DNALets talk on our con call Friday and work through this…[Read more]
jayhinrichs wrote:
Alex Smith can take a hike as far as i am concerned,he was O for third downs… Just make 30 to 40 % and it s a whole different ball game.and bunch of them were 3rd and 6 at the Giants 40… Only to have smith throw it into the ground or take a sack…then knock us out of feel goal range… very frustrating game. D played…[Read more]
Michael 888 wrote:
Hi Jay,do you have a website or other link to this investment you allude to above?Also is that circa 9 % return a net figure of all fees and expenses?What is the liquidity of this managed investment? Is capital locked up for a certain period till the exit strategy is exercised?Would be keen to hear a…[Read more]
jayhinrichs wrote:
crap, we coulda shoulda won that game….we need Andrew Luck… with a first rate QB and our Defense we win it all
Giants defense could win the super bowl alone and If Elli steps out of his big brothers shadow…no telling 49s defense was solid …Alex Smith first year he has been solid for his team
maternic wrote:
G'day all, I have been browsing through the overseas forums over the last couple of days, and getting very intrested from what ive read.Although I need a point in the right direction regarding purchasing property in America. Basically where do I start? Who do I need to speak to to get more information? I look forward to hearing…[Read more]
jayhinrichs wrote:
Slight type only 3.2 billion )))Of course one could buy all of Detroit and throw in most of Ohio for those dollars forget the exchange rate
Jay How are you? and if it was billion you would not find me here on this or other forums. LOL Long day was at the gym at 530 am. Still going but this package is consuming me now . I w…[Read more]