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  • Profile photo of andrewurbanskiandrewurbanski
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    @andrewurbanski
    Join Date: 2006
    Post Count: 6
    March 27, 2006 - 11:58 am

    You’ll need to telephone the local council and speak to a town planner and ask him what are the rules for splitting it into 2 titles.

    Profile photo of andrewurbanskiandrewurbanski
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    @andrewurbanski
    Join Date: 2006
    Post Count: 6
    March 27, 2006 - 10:59 am

    With all due respect I’d rather make 50% or more a year than 5 or 11%. With $500,000 I’d control more than $1m….thats why my portfolio is larger than most.

    In fact, I’m more interested in cash flow then I am in asset growth because with cash flow I can buy more assets than I can with asset growth. Thats why I’m investing in the US because I can get 10-20% rental return with say no money in…. that gives me an infinte return….not 5 or 10%.

    <snip> leave the trawling please Andrew – Derek

    Andrew

    Profile photo of andrewurbanskiandrewurbanski
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    @andrewurbanski
    Join Date: 2006
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    March 27, 2006 - 12:00 am

    About the USA. It seems to have just finished its boom. So you’d only be investing for cashflow which is appx 10-20% rental return, if your smart. You can get finance easy on 20-30% deposit and they speak english and follow our cultural-legal lines unlike Estonia or China or Nepal.

    If you create a cashflow property portfolio of four such properties you can automatically buy one a year (5%x4=20% deposit). Some people have portfolios of 600 properties because they all produce cashflow. Cash is the name of the game not capital gain…unless you want to be asset rich and cash poor….not great for your lifestyle!
    Call me if you want more info on 0411373435, thanks Andrew.

    Profile photo of andrewurbanskiandrewurbanski
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    @andrewurbanski
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    March 26, 2006 - 11:45 pm

    The costs of buying are around 3-4% of the value of the property and they can cost from US$50000-$100000….at least thats the range I’m buying in to get 15% rental returns. If you want you can call me on 0411373435 to discuss. thanks, Andrew.

    Profile photo of andrewurbanskiandrewurbanski
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    @andrewurbanski
    Join Date: 2006
    Post Count: 6
    March 26, 2006 - 11:39 pm

    I’m looking at buying property in the USA that shows a 15% rental return. Has anyone had experience with this sort of investment in the past? <snip – Derek>

    thanks, Andrew.

    Profile photo of andrewurbanskiandrewurbanski
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    @andrewurbanski
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    Post Count: 6
    January 7, 2006 - 10:06 am

    Hi,

    Deleted – advertising (Derek)

    Andrew

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