WI
How are you? Huge Change in USA  of late in all markets . The demand is up from USA buyer.Loans are moving for investors – demand pushing price up in all markets. I am back to bidding ( this week will hit 500 ) that was my goal. Trying to buy everything we can scoop up that is 3 -2  and 4 -2 . With Atlanta , Phoenix leveling off with inventory…[Read more]

This is one of the better post I have read  on here and I am a reseller as well.Rather raise capital now from our international clients better play for them  and us then selling homes.

Jeff this is very true and what most do not understand. I can go to any city mentioned and do what I do. Which is buy fix and sell homes , prices might chance from…[Read more]

To be honest I see more of the international clients now a cash lenders for a company like mine  instead of buying properties. With the USA buyer back in full force I don't think the opportunity or the marketing will be with the international buyer.USA buyers are happy with 8 % honest return so something to keep in mind. I have been away  from the…[Read more]

kylermrice wrote:
http://www.habitat.org/restores/default.aspxthis is a great option i use for my rentals, i like to be as green as much as possible.  

Thats another good place and I forgot to mention but another good place to get some good stuff.

kylermrice wrote:
Met with the big wigs from the main Charlotte meeting they are charging $3k a person – 10 people at a time and giving them 24 hrs worth of know how. Then helping them from A _ Z with the deals and getting 50 % of the profit.All i can say is WOW

I told Jay the same thing I nearly fell over going to this meeting and watching…[Read more]

kylermrice wrote:
I have a handyman on staff and a contractor is somebody i use when i'm stretched thin and don't have any other options, lol

I use both my self but wanted to when I get a chance and breakdown why we used lic contractors ( Pay more but if something wrong it is warrantied )handy man are exactly that handy Man How is Kansas City…[Read more]

emma171 wrote:
You should ALWAYS get a home inspection unless you are seriously knowledgeable… world class home inspections and Brett will do them for $300…. Good guy… Includes your termite letter. Tell them to be evil and include everything.. radon is an issue here which you may or may not want to know about….. Problem with large…[Read more]

CL1706 wrote:
Alex – would be interested in catching up next time I am in Atlanta (Oct / Nov). I think I have you on Skype – so will be in contact. Another thing which I have been doing while back here in Melbourne is paying $400 for a Home Inspection on any purchase I make. Last week I bought a house in Atlanta for $46K, and paid $400 for an…[Read more]

jayhinrichs wrote:
well we are on the love you side of the equation All very good advice

Met with the big wigs from the main Charlotte meeting they are charging $3k a person – 10 people at a time and giving them 24 hrs worth of know how. Then helping them from A _ Z with the deals and getting 50 % of the profit. Needless to say she is coming…[Read more]

emma171 wrote:
You should ALWAYS get a home inspection unless you are seriously knowledgeable… world class home inspections and Brett will do them for $300…. Good guy… Includes your termite letter. Tell them to be evil and include everything.. radon is an issue here which you may or may not want to know about….. Problem with large…[Read more]

Lets discuss handy men and Contractors…Will jump back later and start this discussion on why and when to use handy men and contractors.

jayhinrichs wrote:
Cheeves,,I have posted these same comments now for a year,,, virtually verbatim One of the major issues with the OZ investor is many of them have leveraged there OZ property be it investment or personal residence to buy in the US… they pay about 7% interest on this. This leverage is why I call the Aussie investor our…[Read more]

jayhinrichs wrote:
Section 8 is different in each state. Here in Oregon there is very little of it. I recall a funny story: I am down in Gulf Shores MS… with my Oregon Banker looking at a 300 unit apartment that got blasted by katrina.. The ocean surge brought standing water 7 feet deep in all the down stairs units… The entire complex was…[Read more]

emma171 wrote:
All I know is that it adds a serious concern that should not be underestimated on wear and tear….. Roofs especially but vinyl siding etc… Just basic hard yakka on buildings, drain spouts etc. Just back from mandatory 24 hour beach trip…. God that ocean and white white sand of the Gulf makes up for slogging it ATL…[Read more]

Jay This is hottest summer I can recall in the South and been here for 20 years. This is late August weather and we are only in July.Crazy some thing going on out their.

jayhinrichs wrote:
Well Pat this is good newsTWH owns almost 50 of these just in Metro Atlanta that we bought in the last year…. And we are in them with our partners for half or less than this number.If prices continue to rise my 5 year plan maybe a 2 year to 3 year plan… if we can sell for 100k average for our portfolio and we will have a…[Read more]

We just need a new person in their not saying the other guy is better but we need to clean house….Seems the harder we work the more they want to take from us. The lazier you are more programs to stay and be lazy …

emma171 wrote:
I did this very successfully for 2 years on a 4 plex I had in Alaska…GREAT family babysat it for that time and I cried when they left (and sold immediately)… it was enough for them to watch it and for me to visit every couple of months for the thorough go through……Alaska as the long term threadies know, was my real estate…[Read more]

zmagen wrote:

emma171 wrote:
…pay the sheriff to do it (I think about $39)… you go back to the Sheriff and say sigh, they haven't paid (interestingly they take your word for it – how bizarre)…and the sheriff will then toddle off down there, do a lock out and you get your house back…

Loving it. We have a variation on this with Gov Sup…[Read more]

mango99 wrote:
Worldinvestor,No it wasn't Steve who never did the reno on my property. The person was so slack I ended up having the new property manager organise the reno. Apparently the person who was meant to do my reno was recommended to Sean by a real estate agent.

Guess I missed all this but there a a few solid Aussies dealing in the…[Read more]