jayhinrichs wrote:
Insurance:And on these super cheap houses in the Hood I would not even insure them except for liablity… Or I would be looking for a jewish fire…

You crazy but honest …..

jayhinrichs wrote:
.. Alex would it not be great to sell to folks looking for 4 to 7% Net yields I wonder if an OZ investor will jump into US real Estate on the guise of appreciation only and very small net returns….???

Hey jay already finding that. Just sold 2 deals to a fund in Charlotte that are buying turnkey and looking for 8 %…[Read more]

worldinvestor wrote:
Hi AlexTRR have been very successful as they have been able to generally provide a decent product and as they are buying direct from the Bank there are no added commissions. As I said I know some investors who have purchased some great properties and when I was in Atlanta last year I viewed a couple.I think they have sold…[Read more]

worldinvestor wrote:
https://fbrealwealth.infusionsoft.com/app/linkClick/12471/3dc24ef7d80eace8/3021663/a255d47ad5472a40If I were in Syd would be interested in going to this.Hi everyonethought this link may be of interest.Thought I would provide you all with an update – just got back from Atlanta to view my properties and sort out some rehabs…[Read more]

jayhinrichs wrote:
just tough for those investors who went through the TRR's learning curve,,,,I wonder if TRR compensates these people when their investment does not come anywhere near what they represent?They may say they are buying direct from banks,,,but that is pretty hard to do.. Alex can vouch for that.. YOu may get the odd one. Or you…[Read more]

worldinvestor wrote:
https://fbrealwealth.infusionsoft.com/app/linkClick/12471/3dc24ef7d80eace8/3021663/a255d47ad5472a40If I were in Syd would be interested in going to this.Hi everyonethought this link may be of interest.Thought I would provide you all with an update – just got back from Atlanta to view my properties and sort out some rehabs…[Read more]

worldinvestor wrote:
Here is the link which provides info/addresses on properties TRR has purchased.https://picasaweb.google.com/115538073800065255894?gsessionid=19qOn-0-8nQ8oVveQjIsGw

Seemed like some solid deals been following them my self for a quite a bit. Alex

kylermrice wrote:
I can offer homes for 25,000 with 600 rents a month, ROI 30 to 35 percent.I could do better in St. Louis, but i put it on the same level as Detroit, Memphis, Cleveland, Baltimore, and we can't forget Flint, MI. 

well I just picked up 67 houses purchase price is $862k rehab $390k so basically $1, 250,000.So basically if you…[Read more]

triptizehd wrote:
We have heard a lot about the amount of spruikers operating in the USA – can anyone recommend licensed agents or brokers in FL (preferably South FL) who really cater for the foreign investor?

You will find on this site most of us ( Americans ) would recommend Cheeves who post regular on this forum .And to be honest think you…[Read more]

jayhinrichs wrote:
Training not required for US notary,,, just read the book on what notary jurats to use for different documents get your stamp and book and your down the road.CA. requires finger prints on any deed that trasnfers title…. So much fruad was taking place the title insurers got this Bill passed 15 or so years ago.Its just…[Read more]

kylermrice wrote:
I'll take LA and Miami over New York.  No desire to touch Japan now  with all that radiation fallout.  I'm sorry, but they always dumb down how bad it is.  My fiances brother had to have tumors removed from his leg when they lived in Germany and they suspect it was from Chernobyl

Well being born and Raised in NY .I have to…[Read more]

kylermrice wrote:
I could write a couple books on all the crazy stories with my experiences.  The best come from a slum lord i know from California that is a real slime bag, i used to do some side work to help him out.  He never fixed anything and only kept tenants for 3 months maybe.  He had a handy man that was a real piece of work, Gary.  He…[Read more]

jayhinrichs wrote:
afraid I can't slant my views to an all rosy picture enough to sell any books..

Jay Just played on your hardware store did not realize the prices , Kevin looked last time and said prices were high. He is crazy I am sending site to Tori and Our main contractor Kliener. And I will still go to lowes daily to see what they have.…[Read more]

worldinvestor wrote:

Alex SC wrote:

worldinvestor wrote:
I was hoping you would provide an overview on Atlanta?Cheers, WI

We just sold 4 of our 6 remaining properties in Atlanta higher then what I would have imagined. From a local buyer said he can not get anything. Then got a call from Agent in Atlanta for a short sale that went in Nov 11…[Read more]

jayhinrichs wrote:
Whatever,,No house has no maintenance and no house has zero vacancy… any thoughts to the contrary are folly. We are spending twice a much on rentals and calls . Convinced me to no longer manage rentals. This is not the direction I want for my company. Not to be bragedousous, however I will be,, there are very few in the US…[Read more]

worldinvestor wrote:
I was hoping you would provide an overview on Atlanta?Cheers, WI

We just sold 4 of our 6 remaining properties in Atlanta higher then what I would have imagined. From a local buyer said he can not get anything. Then got a call from Agent in Atlanta for a short sale that went in Nov 11 . The bank just accepted  it oh 19k…[Read more]

mihovi wrote:
Hey guys take a look at my comments at https://www.propertyinvesting.com/forums/property-investing/overseas-deals/4344313. Alex SC, why do you say Fannie Mae takes longer to accept offers? You are partially right – this is the case for multiple offers situations – they set up a "higher and best offer" auction and has a dead end…[Read more]

 On the topic of local knowledge, as an Australian I probably undervalued this when looking into the US market. At home no real consideration is given to house values based on the proportion of home owners in a particular street. In Australia house prices all tend to trend the same in a particular area. However, in the US the same house could be…[Read more]

kylermrice wrote:
Alex, I don't think you or Jay stuck to the subject of the thread and with me saying stay away from the Memphis COMPANY!!!  I don't always have time to write long reply's like you and Jay.  I was just trying to back up Jeremy.I could re post, but already did it for Jay.Who is to say which market is better then another.I d…[Read more]

kylermrice wrote:
STAY AWAY FROM MEMPHIS!!!!!!!

Kyler I have to Disagree I see alot of rental markets in the USA . Who is to say which market is better then another. I feel once you understand   real estate and apply  a certain system . I believe you can do it in most USA markets minus west Coast and NY possible NJ. Prices tend to be higher i…[Read more]