Nathan I am no expert but most financing that we can provide for foreign nations is 50 % down for USA  properties .  The properties you are speaking will get a return. Just  those priced properties are usually in rough areas and will provide more of a head ache then a  return. I would wait and put together an investment plan after saving some mor…[Read more]

Jay LOL yes I  AM A VERY SIMPLE SOUTHERN BOY. ..one it was good meeting up with you but was better listening to you.Caught a few minutes of your seminar. Please send me your contact number .Email it to me if you can…Alex alexfranks2002@yahoo.comAnd yes most of these low income rentals  in rough areas are back on the market  because the first ro…[Read more]

( Investor Mick )Awesome news on rehab , and Flipping it does work in all markets if prices are right.As for not getting full information on a property before you buy . Are you kidding me. This is the most ridiculous thing I have ever heard.Yes I do sell properties, but I also buy in different states. No way I would ever buy with out being able to…[Read more]

Portpirate wrote:

Interesting exchanges happening. For what it's worth, I actually agree with both of the posts above. The US is different from Oz and as we Aussies are the "aliens", I guess we have to respect the differences. We want what they have, which is investment opportunities, something sadly lacking in Australia at present. So it…

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Those sound like great options for security. For me I worked in lower income areas.I just see them better for local hands on guys. The out of state investor ,buying a nicer home in a better neighborhood lowers the risk factors.  I call them the what If"s factors.Now don't get me wrong. I still buy and sell homes in those areas. Only to investors…[Read more]

Atlanta is a large City . Drove back this morning from Atlanta quite a bit of inventory. We bid on 63 homes in the market. BPO are good .I  would  also look for comps in the area , Rental and sales. I can shoot you a few good agents in the area if you would like.  Good thing gas has dropped nearly 6 to 8 cents in most southern states re…[Read more]

Rich dad poor dad ,was first book to open my eyes to investing . Just a good book to get motivated.

So true Alex

So true cash flow is king for now appreciation= speculation….So we hope…

Laws33 I never claimed to be a great writer.Actually to be completely honest I usually have my wife read and check all my emails. My spelling and grammar are horrible.  Along with my southern accent ,now living in the South.What makes it even worse and harder to understand me is I was born in NY. I guess being 6 ft 240 pounds and staying healthy…[Read more]

Guys please before you buy any properties in the states.Make sure to check the state you are buying  the eviction laws  and the managements system. If any one should need help with this feel free to email me. Currently South Carolina and North Carolina have fairly easy eviction from start to finish. In Atlanta is can take upwards of 1 to 2 m…[Read more]

I  have to disagree with that comment that Americans don't take pride or take care of properties the way others do. I will gladly let you speak to some of my clients and view the properties that I own personally.It  is called pride and I have a lot of that. That consist of life in general. I own properties in some rough area but own the nicest o…[Read more]

Wow Jay  Was not trying to offend or make any one upset.Just FYI we both did the same radio show with Les going beyond real estate.I stopped  the week before you started. I agree with your process .We do both sales and equity shares. My company is totally funded by our private investors. has been for years as well. You are 100 % correct about g…[Read more]

Guys I am reading all these post and every one seems to be missing the basic and most important ingredient ( which is tenants) I make sure to include them as part of my investment team.  By doing this we are working towards a common goalSure we have problems like any one else.We manage over 200 units in South Carolina and  North Carolina ( we m…[Read more]

Guys stay away from any where that has a horrible winter ( in the USA ), just asking for to many potential problems( I agree very strongly with Jay Hinrich ). Also if I can go and buy a neighborhood of homes for $5k each. What type of investment can I really have. To give a better example my partner and  I are buying 67 homes in  Rock hill SC. T…[Read more]

Yes , John is correct in  that they have to be there in person . Again not a lawyer either but a bank must see the person they are dealing with.As well as having all proper  identification.Sincerely Alex

Very true, that is why I would insist any investor take the time to fly into the markets they are planning on buying. Meet every one , get references, see how the whole operation runs.Alex

Great Post John  I was just in Kansas City meeting With Jp Sauer and his group over at Peak management . MY two cents was added to your post …I am often approached by investors from all over, not just the US, that have invested in properties in Kansas City. The common problem that seems to concern them is property management. I would really…[Read more]

Just my two cents but I would not buy any properties that are not turn key. With that I mean complete rehabs, with a solid tenant in the property. I see quite a few wholesalers selling unfinished properties.  I would be looking for a solid team that has proven track record selling only turn key deals.With properties unfinished and not rented just…[Read more]

If I was investing out the USA or any market here would be my simple tips for all investors to follow.1: Meet the Team Find out who everyone is and understand their roles Know who are the people involved with this company Get the facts 2: Get referrals Get all the details from clients 3: Property Management System( most important…[Read more]