Adam,

There are a lot of construction workers in Gove doing a major expansion to the alumimium plant right now. The construction work will stop next year and maybe rental demand or rent will drop.

Company I am working for are proposing to build a gas pipeline running under the Gulf all the way from Weipa to Gove to provide energy for the new…[Read more]

Kate,

Have a look at the linked report and it will give you an idea of some areas that you can get 10% and greater returns for decent properties. I am investing in three of the “affordable housing areas’ listed on table 3 which are in the US.

Yields can be very high in the US also there are great ways to acquire property without finance as this…[Read more]

Hi Loan wolf a guy I know in the UK has just started this service.

I’ll be sourcing properties in London, mainly around the Olympic area:
E2, E3, E14, E15, E10 and E11 or alternatively Bow, Bethnal Green, Stratford, Docklands, Leyton and Leytonstone. Deals go very quick in this area, sometimes in a matter of hours.

We’ll be finding 3-4 Bedr…[Read more]

Cyclist,

Not suggesting it is a bad thing but you should be aware that there was a lot of landbanking scams in the UK recently. One of the scammers was rumoured to be starting up in Oz.

google it in UK have a look at least you will know what not to do with landbanking

Piggy,

Not sure if I know you but I am one of those ozzie guys selling property in Buffalo and Rochester. Based on what I have seen available up there over the years I like to think that I am offering the best of deals for the investors that buy from me and yes it is hard work and the profits are small.

I to have noticed that this forum lets…[Read more]

I used to work with a UK guy that was based in Singapore. We were working in Batam island in one of the many large shipyards building large offshore platforms. Batam island is a half hour ferry ride from Sing and is part of Indonesia. Many Singaporeans commute there on a daily basis it is not a big deal to get there even though you go through…[Read more]

Dont worry I have no intention of investing in Bulgaria it was a verbatim cut and paste from a UK forum to counter the previous post talking up Bulgaria.

I am investing overseas but it is an English speaking country that is based on the Westminster system. AT least when I talk to my realtor and PM my bulls***t detector functions as it only…[Read more]

Tony,

I originally went for buy and hold starting with fixer uppers. On that score properties shave performed well with the exception of one that I bought (not through DASA) retail now sold. of a guy up there that is selling to ozzies. I was fortunate enough to kick off with DASA using there fixer upper formula but they don’t do that anym…[Read more]

Caroline,

I just dropped you a PM with a contact in Uk that is impartial and very experienced in Easter Europe.

To hard for me now its went from ethical investment to political criticism of treatment of veterans. On a hiding to nothing here I think ,next it will be how could you invest in a country run by George Wya and all. If you really want to sound off about racism and politics then you might just have a think about Australia’s record on inst…[Read more]

Mark,

I seen that show and have lived in the Us and am fully aware of the historically segregated nature of a lot of city neighborhoods.

As far as ethics are concerned you will find that most community groups are pro foreign investment in the area. The city officials, housing action groups and local business support foreign and out of town…[Read more]

I also know of a lender that will lend to foreign nationals in WNY right down to 20k. 70-80%LVR Loan costs are competitive and he reduces cost for more than one loan. Also does an ARM product that effectively means you pay about 2.4% on a 6.7% loan the difference gets added to the principal a good way to improve cash flow and get more equity out…[Read more]

I have posted thid before buy probabaly pertinenet gain here

Real Estate: Is the party over?
Exclusive forecasts for the 100 largest markets.

December 16, 2005
By Ellen Florian Kratz, FORTUNE

NEW YORK (FORTUNE) — Everybody from Los Angeles to Boston — your mom, your doctor, your dry cleaner — is puzzling over which way the nation’s real…[Read more]

Originally posted by flash:

Bardon how many of these deals have you come across where you have had the opportunity to take over a persons mortgage?

Flash there is an abundance of the takeover mortgage deals that I see some of them have loans at 4.5% fixed!!. Receive at least 3 deals for consideration a week all over the US. I have been tracking…[Read more]

Noysee, just sent you details of this one which is located in your target area.

Built 2003, 4 bedroom two car garage, best school district, cash flowing about 200 per month, no finance required can buy it for US $4975.

Balance on property: $150,000
Estimated Market Value: $181,000
Equity: $31,000
Payments: $1488/mo (incl. taxes/Ins)
Price: $4975…[Read more]

Noysee,

Yes I am doing fixer uppers and am branching out from there.

Here is an extract of the listing. Just sent it to you by email. Some were in decent areas, probably all sold by now. The owner was tired and some of the properties were also tired but they are working and the numbers speak for themselves.

Super single rental home, Rent…[Read more]

Noysee you can get a house for 17k renting at 625 per month nothing flash but operating at those numbers anyhow. Problem is finance for these ones although I know a broker who just closed a loan for 18K tto a foreign national in WNY.. he only did it to prove that you can !!

Jefferson, The only advise I would give you is to buy underrvalue never buy at market price in the US, simply because you dont have to.

Noysee,

Be careful if you decide to hold rather than flip as vacancy rates are climbing in Florida in general. Some Uk investors have been caught out big time with high vacancy or short term leases to holidaymakers in Orlando. The New York Times also reported that Southern Florida was one of the those US metro areas like…[Read more]

Niklas,

I know some UK guys that are buying in Bulgaria. You need to be very careful in resort beach type areas as occupancy levels are seasonal and cash flow calcs need to allow for this.

They recommend Sofia where you can get new build 3-4 bedroom houses rather than apartments on 100% finance (if you set up a local company which costs about…[Read more]