SydneyBiz wrote:
Hi Alex, I don't think you meant to write $3.96 billion, so could you please clarify the value for us? Thanks, Ken

whoops ..sorry 11:15 pm here long day …

jayhinrichs wrote:
Here is another way to look at Capital growth:In reality there is nice capital growth right now for the 1st Gen wholesaler selling to the buy and hold investor.. And certainly the marketing companies in Aussie.Average profits for these companies are 5 to 15k per house with some profiting much higher. Most of the these homes…[Read more]

Yes Jay is a wealth of information on USA markets being he comes form both sides of the fence.The lending side and the rehab side. For me I have been the type of  buy and flip guy Jays companies lent money to. So  I understand the rehab and management aspect  pretty well .Where I am learning the lending( banking  side pretty quick in today cas…[Read more]

engelo10 wrote:
Hey all,I have an article for some entertainment http://www.thestreet.com/story/11370864/1/10-cities-poised-for-greatness-in-2012.htmlHave you invested in any of these cities? Dont be disappointed if your pick is not on the list hahaEngelo

Engelo Yes being my company is located in Charlotte NC , well just below on the SC side .…[Read more]

engelo10 wrote:

Alex SC wrote:

engelo10 wrote:
Hi Alex,You're right "Cashflow Is King". Thanks for the heads up.Engelo

Engelo How are you? Yes to me appreciation= speculation and Cash flow = cash Flow .Very simple way of looking at today's real estate market . I do agree some  market will eventually come back. I am  just not sold on t…[Read more]

First time I have ever heard of them on this forum. Curious do they charge you a fee to see the properties upfront. Alex

SydneyBiz wrote:

brent.spooner wrote:
is there anywhere that will lend finance at low interest rates with a 50% deposit ???? ive herd of vendor finance over there is this common??

Coupla things (including some big news): I've only seen 1 vendor finance deal recently: a guy had 16x 2 and 3 BR condos that he was selling and would finance 50%…[Read more]

engelo10 wrote:
Hi Alex,You're right "Cashflow Is King". Thanks for the heads up.Engelo

[/quote]Engelo How are you? Yes to me appreciation= speculation and Cash flow = cash Flow .Very simple way of looking at today's real estate market . I do agree some  market will eventually come back. I am  just not sold on the time period every one e…[Read more]

jayhinrichs wrote:
In honor of our Aussie buddies,bottle of Penfolds Shiraz would be in order

With the Giants defense you should have that bottle ready for me…and yes had to look it up and see that it  is a wine from Australia, South Eastern Australia region.Alex

jayhinrichs wrote:
Biggest question here is:How does a 23 year old amass 120k in cash a that young of age…. 99% of 23 year olds in the US have NO money and or are up to their eye balls in student loans.   Save the few Interenet gurus who start the next Google, And those folks are all concentrated in California.In addition if most US kids at t…[Read more]

Admin@atlantaallgoodrealty.com wrote:

worldinvestor wrote:

Admin@atlantaallgoodrealty.com wrote:
Thank you for the comments and question. Yes, there are many reasons. But first I don't believe excessive cost cutting can bring higher returns on investments. Our fees are very competitive in Atlanta, but I am almost certain you can always find…[Read more]

kylermrice wrote:
@ Alex  Kyler sounds good sent you a private email.Like I had said they they are long term investments in those areas and like u i don't really plan on selling them ( for my own personal investment strategy. Before the international buying frenzy. We tried to purchase 12 homes at a time. Selling 8 to 10 of those and keeping…[Read more]

angelarose wrote:
Thank you Alex, your information has been very helpful and genuine. I am planning a trip probably within the next 3 months so i will be sure to contact you if i am around Charlotte.Finidng a mentor in Sydney would be great, hoping this forum will help me get in contact with some experienced US investors that reside in Sydney or…[Read more]

engelo10 wrote:

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…[Read more]

David I missed this post but good questions and points

jbelmore wrote:
10% vacancy rate for Memphis. That's why you factor in up to 2 months vacant a year( this is what we have done for last few years just base income on 10 months.). My property manager did find a tenant in two months.  Average day for us in Charlotte and surrounding areas 45…[Read more]

angelarose wrote:
Hi everyone,  Angela  I would find a local mentor or some one who actively buys in the USA close by to you. To teach you what to look for and what to look out for. I am a 23 year old from Sydney. I have been determined to become a property investor and create a portfolio since i was 18. I work in real estate and spend all my s…[Read more]

kylermrice wrote:
Hey Angelarose,Would like to network and see what we could come up with.  I am in need of people with there feet on the ground in Australia.  I currently have a friend from the states in New Zealand that is working his way there.  As mentioned above it is hard to find good people.  It's not always what u know, it's who u kno…[Read more]

jayhinrichs wrote:
Kathey is very nice she forwards public info largely like many of us

Jay very true. Your 49s Wow looked good. Now it is my NY Giants today… Had to get up super early Sunday third plumbing issue in a row. Was at house at 8 am this morning. With Plumber who was 1hr late. Tenant nice lady been there 4 years.  Seems like your…[Read more]

Investingnovice wrote:
Hey guys,Just to give you a run down on myself. I have previously invested in Kansas City MO and relatively happy with my purchase exceptions to:- My previous useless property manager – Minor maintenance issues with homeAlthough I have now developed contacts in Kansas City I want to invest into a different City and from…[Read more]

worldinvestor wrote:

Alex SC wrote:

worldinvestor wrote:

jayhinrichs wrote:
Hey you guys stay out of my county

.plenty to go around  ,   though picking them up at $38,000 may be a  tough call in Henry County.Cheers, WI

So true about Atlanta alot to go around ,that is why I feel strongly about the rental market prices are going to come d…[Read more]