Could not have described myself any better than this post…. I am, we are,  all of the above with the Caveot that I was selling and buying real Estate in the late 70's to early 80's  15 to 20% interest environment.[/quote]Jay not fair in 1980 I was 7 years old.  I was selling lemonade and painted rocks.  Had a stand out side my parents yard, und…[Read more]

jayhinrichs wrote:
I second Videosinspectors post,,, a good home inspector can be a key element in your decision process.Again not all are as good as others and you can contact…THe BB and other orginzations to check on their bonafidesJust make sure they have insurance,,, There is a fiduciary and legal liability in the home inspection…[Read more]

jayhinrichs wrote:

Alex SC wrote:

jayhinrichs wrote:
I think one of the important aspects of this conversation as it relates to WI is that she has sufficient MASS or SCALE… I think she mentioned that she has 8 properties to date, So probably a 400 to 500k investment on her and her husbands part…. As well as based on what she has shared…[Read more]

jayhinrichs wrote:
Alex,IHG,, Nick Vertucci who is hooked up with Armando Montolongo charges up front fees.And of course there is all the Seminar Gurus that sell boot camps and a total elevator pitch of products.I have funded deals for these so called students that have literally paid for the price of a home with these Guru's before they even…[Read more]

mihovi wrote:

Alex SC wrote:

mihovi wrote:
Lots of articles online are a little bit too general and misleading.And Detroit should shut off the lights on 90% of the streets..

Scary thought about the city going to turn off the lights

   Anyways, they've "turned off the lights" long time ago, and not only on the streets…

So true

mihovi wrote:
Lots of articles online are a little bit too general and misleading.And Detroit should shut off the lights on 90% of the streets..

Scary thought about the city going to turn off the lights

worldinvestor wrote:
Wells Fargo will not cut it,  I also have Wels Fargo account – not affiliated with OZJust came back from Atlanta and set up an account with Bank of America as affiliated with bank in Oz, problem is you need to set it up personally, unless you are planning a trip to US going to be a problem.I know, what a bloody headache, I…[Read more]

mattnz wrote:
I'm attending one in September for 4 full days in San Antonio. Max group size is 12. They take you through all of the legals, accounting, understand the types of deals they do etc and show you around. I'm happy being in a group this size for this length of time. I am then going to do my own research for another 9 days in 2 other…[Read more]

shawnfromsydney wrote:
I have also thought about setting up a SMSF for puchasing property. KJM1970 could you advise how you set this up and how long it took you to do this? I might consider doing the same thing an invest in the US with this, but feel it may be safer for me to use a SMSF to invest here first? Thoughts people?

LOL love the dirty…[Read more]

mihovi wrote:
I paid for almost 1/2 year and I cancelled the subscription as it didn't help me in any way. In many cases, the data posted was obsolete, old info, etc. Completely unhappy with their service.

100 % agree by the time they sent me houses. My real estate partner and I or other investors were already on them

mihovi wrote:

Alex SC wrote:

AREIJoel wrote:
Guys, I truly believe that going through an agent who relies on commissions is the wrong way to go about it from a foreign investor perspective. If you are going to be managing a property from so far away, then you need to align yourself with a company who is not in it for the short quick…[Read more]

emma171 wrote:
Aaaaah the voice of the war wounds….Shopping at home depot over Lowe's would be my only issue for you. Just picked up 100 boxes of tiles ( actually using them in my own house as well. Got them for 57 cents a tile. BUT BUT BUT – you are missing something fundamental… the type of person like me….I am talking about the type of…[Read more]

jayhinrichs wrote:
Mihovi These guys missed it on the second article that "Las Vegas was ahead of its foreclosures and Florida is behind because of Judicial FCL." I agree with Florida and its one reason I would never lend money there, FL and NY are absolutely the worse places in US for a lender. NV just passed senate bill 248 that brought the…[Read more]

worldinvestor wrote:
 I have asked my PM company to contact me in the first instance if any maintenance issues arise, either email/phone  unless urgent.I have also requested copy of all maintenance bills so I can review these and also for ATO purposes.OK, this is pretty basic stuff but not necessary something that I have found they are inter…[Read more]

jayhinrichs wrote:
I think one of the important aspects of this conversation as it relates to WI is that she has sufficient MASS or SCALE… I think she mentioned that she has 8 properties to date, So probably a 400 to 500k investment on her and her husbands part…. As well as based on what she has shared she has bought in the easier to manage…[Read more]

jayhinrichs wrote:
couple of commnets and Ideas for those looking for representation in the US. Now full disclosure I am a Real Estate broker in 3 states and have been for 35 years with never a complaint this is public record. so I am partial to dealing with RE professionals. An agent with no complaints Really even our agent who is awesome and…[Read more]

mihovi wrote:
Do you have any idea where you want to buy?In your research you might want to consider this, as well:http://247wallst.com/2011/10/19/cities-where-homes-will-not-sell/?utm_source=nrelate&utm_medium=related&utm_campaign=related   a…[Read more]

jayhinrichs wrote:
Alex,would the world not be a better place if everyone invested in the TWH model…. These issues would never arise,, ,You and I work them out… Investor gets there check same day same amount every month. The Singapore group said they are not concerned about properties but want me to explain the TWH Module.  So yes I am…[Read more]

AREIJoel wrote:
Guys, I truly believe that going through an agent who relies on commissions is the wrong way to go about it from a foreign investor perspective. If you are going to be managing a property from so far away, then you need to align yourself with a company who is not in it for the short quick profits. Sure everyone needs to get…[Read more]

AREIJoel wrote:
Not too sure if I agree with companies charging membership fees I'm sorry. Charging an upfront fee for information and services that are easily obtainable on other websites are probably not a good idea to pay for if you are the consumer looking for true value.

Here in the USA only know of one guy who charges up front fees and…[Read more]