Hi Bardon and Chad,
Thanks for your help, I will PM you Bardon for the details on this lender. Like I said before I have purchased 3 properties outright in Buffalo using a Line Of Credit. I would like to refinance these properties and bring the money back to Australia leaving 20 or 30% in the properties.Hello Chad I went on the USA trip with…[Read more]

Hi,
I think Richard is right the TFN No. or ITTIN no. helps me in lodging a tax return in the USA without it I get automatically get taxed at a high rate with a TFN no. I am able to lodge a return and make claims. In regards to getting a loan when I was in a HSBC branch in the states they said I couldnt apply for a loan without a TFN No.Richard…[Read more]

Hi Cathy,
It wasnt difficult at all to purchase in USA. I used Australian funds to purchase the properties by way of a Line Of Credit.I have a bank account set up in USA (HSBC) for the rents to go in.I purchased my properties through a gentleman by the name of Dan. He purcases properties does them up and on sells them with a tenant in them. He…[Read more]

Hi Luke,
You’re right I will contact Alfred, I hope your properties are going well.Martin

There are 3 types of people:1. People who make things happen.
2. People who watch what happens.
3. People who wondered what happened.

Hello Mini,
Fantastic response.I have been using the strategy of investing where I believe prices will go up and where I would receive good rental yeild. Point taken on all the strategies you use as do others,there are deals to be found everywhere.Thanks Steve for your report very good reading and thanks Mini for your post.[biggrin]Martin

There…[Read more]

Hi Redwing,
I was merely making the point that ever since there has been a real slowdown in capital growth which in my opinion has been happening for the past few years equity building using this method has virtually gone ie the wait and hold strategy.I agree with you Bob and will be looking at investing in Australia again when it becomes more…[Read more]

Hi Snowflake,
There are several ways you can leapfrog and you have mentioned some thoughts on how to do so. When I started investing I fell into gaining equity in property in that whilst I held the property thre was a big upturn in values thus gaining instant equity. At present the property boom is over and prices in some areas have stabilised or…[Read more]

Hi Giraffe,
Yes I was the one who answered your request for a travelling companion to the USA. (But I guess you already knew that). I’m sorry youfelt as though I was attempting to ride on your coat tails because that was not the intention.I spoke to you on thephone and clearly outlined to you that this was my first time over there, and that I had…[Read more]

Hi Giraffe,
Yes I was the one who answered your request for a travelling companion to the USA. (But I guess you already knew that). I’m sorry youfelt as though I was attempting to ride on your coat tails because that was not the intention.I spoke to you on thephone and clearly outlined to you that this was my first time over there, and that I had…[Read more]

Hi Giraffe,
For fear of putting your nose out of joint what a lot of s****.Yes I have invested in the USA and have paid for the priviledge to do so in bird dogging fees. I have been interested in the USA for a year or so now. My interest in USA came about through property forums both here and in USA and that a log with a number of books (Steve…[Read more]

Hi Giraffe,
For fear of putting your nose out of joint what a lot of s****.Yes I have invested in the USA and have paid for the priviledge to do so in bird dogging fees. I have been interested in the USA for a year or so now. My interest in USA came about through property forums both here and in USA and that a log with a number of books (Steve…[Read more]

Hi Giraffe,
For fear of putting your nose out of joint what a lot of s****.Yes I have invested in the USA and have paid for the priviledge to do so in bird dogging fees. I have been interested in the USA for a year or so now. My interest in USA came about through property forums both here and in USA and that a log with a number of books (Steve…[Read more]

Hello David,
What I wanted to do is get an insight into what Steve is doing at the present time as well as what he has done recently your reply is as general as it gets and provides no insight whatsoever as to what Steve is doing at present.

There are 3 types of people:1. People who make things happen.
2. People who watch what happens.
3. People…[Read more]

Hi Nigel,
Fantastic advertising pitch for USA. How many times have you been there too further your research. How many properties do you own there personally. How long have you been investing in this market.Awaiting to hear your response. Also could you answer Richards very valid question? Thanks Martin[biggrin]

There are 3 types of people:1.…[Read more]

Hi Rikky,
Yes I was at the rally held in Bendigo. I agree with Nigel about what happened re the GST.This time the Govt is targeting our award and conditions and in most instances it is going to have a negative effect. I also was a supporter of John Howard now no more. He has targeted the worker what was he thinking?Martin

There are 3 types of…[Read more]

Hi Rikky,
I think you’re right at least thats how I understand it. The only positive is that we wont be paying anymore tax than we do at the moment in Australia. On the bad side we are one of the highest taxed natins in the world.Martin[biggrin]

There are 3 types of people:1. People who make things happen.
2. People who watch what happens.
3.…[Read more]

Hi Don and Liz,
You’re right in saying that my tune regarding Buffalo might change and I realise that but nothing in life is risk free. I took a chance investing in realestate 12 years ago when people were telling me not to. I invested later on in a different state which was a risk. I was looking at NZ there at one stage a few years ago but never…[Read more]

Hi Nigel,
Youve been talking to Westan for a while now so why ask a stupid question? At no time has he touted Buffalo as being a place to invest in for capital growth so why ask the question?He has said you will receive positive cash flow providing you buy correctly. I have purchased through Westan in Buffalo and Texas I realise that there…[Read more]

FANTASTIC GAME[biggrin][biggrin][biggrin][biggrin][biggrin][biggrin][biggrin][biggrin][biggrin][biggrin][biggrin][biggrin][biggrin][biggrin][biggrin][biggrin][biggrin][biggrin][biggrin][biggrin][biggrin][biggrin][biggrin][biggrin]

There are 3 types of people:1. People who make things happen.
2. People who watch what happens.
3. People who…[Read more]

Hi Chris,
My wife and I were in a similar position to you. We first bought our PPOR which was a small 3 bedroom weatherboard. We had saved up a small deposit, borrowed some money off both our parents at 0% interest with the guarantee that we would pay them back each week $200 into their bank acounts. These measures were to ensure that our loan…[Read more]