BoughtWithEquity replied to the topic Anyone here running short stay accommodation? in the forum Creative Investing 11 years, 2 months ago
We don't do short stay rentals typically but buy foreclosures and create shared housing with them. We will take a 4bed/3ba home that normally rents for $900 or $1,000 and instead rent the 4 rooms separately for double that or more. Happy to network! Andy
BoughtWithEquity replied to the topic Cash Flow Gold in the forum Overseas Deals 11 years, 2 months ago
Nigel – Very informative video on investing in general and worth a watch/listen. Couldn't agree with you more on the Detroit market….investors started going there in droves around '07/'08 and outside of some successful Section 8 rentals, almost everyone I've heard of lost their shirts except for the wholesalers. Why invest in a place where you…[Read more]
BoughtWithEquity replied to the topic selling property in USA in the forum Overseas Deals 11 years, 2 months ago
You will find in most markets that if you want the best results…you need to pay for it! You can expect to pay 6% to 7% in most US markets usually equally divided between the listing agent & the selling agent. You can always try to negotiate but to attract the agents who really work to get things done…and not park it on MLS or stick a sign in…[Read more]
BoughtWithEquity replied to the topic Looking for a reliable property manager in Kansas City in the forum Overseas Deals 11 years, 2 months ago
In the US, especially in what we refer to as the "inner city", the best managers may not be those who pay on time or keep in touch…but as long as they do get you paid AND keep the place rented, that's what you really need to be after. Try to get personal references if you can. Some of the houses foreign investors are buying, look nice in the…[Read more]
BoughtWithEquity replied to the topic US PROPERTY MEETING – SYDNEY in the forum Overseas Deals 11 years, 2 months ago
Kansas City & metro Atlanta are extremely different markets! Wish I could make your meeting been meaning to get to Australian for years now. I'm very active in metro Atlanta so happy to network. We partner with investors to create shared housing for higher & more consistent returns. All the best! Andy
BoughtWithEquity replied to the topic What are the hot topics in property at the moment? in the forum General Property 11 years, 2 months ago
We have watched so many Australian investors come to our market in metro Atlanta and get crushed so maybe an indepth article on the pro's and con's of investing abroad. Maybe something that followed investors in different "favorite" markets like: phoenix, atlanta, st. louis, detroit or memphis.
BoughtWithEquity replied to the topic terminating property management in the forum General Property 11 years, 2 months ago
Ask yourself why you hired a PM in the first place? Do you have time for the headaches and the hassles? You tend to get better renters in Australia with the system you have there. In the US, it can be a complete free-for-all and eviction laws and process differ from place to place. If you live near the property then you might be able to manage…[Read more]