British Buyer replied to the topic MIAMI (ad)VICE in the forum Overseas Deals 14 years, 1 month ago
Hi MJCantrellThanks for the advice. It's always good to broaden one's horizon's by listening to advice from people who have first-hand experience.I hadn't considered Kansas City, probably because I'm not that familiar with the US (although I did live there 20+ years ago when I attended the University of South Florida).I tried to do some r…[Read more]
British Buyer replied to the topic MIAMI (ad)VICE in the forum Overseas Deals 14 years, 2 months ago
To Alexthanks for your post and encouragement. Please follow this blog to see if I succeed in turning a dream from afar into reality. To TOAMI'm not in Australia, but China, which is equally as far from Miami. My intention is to do all I can from this side before departing(hopefully set up a bank account, deposit funds, find an estate agen…[Read more]
British Buyer replied to the topic MIAMI (ad)VICE in the forum Overseas Deals 14 years, 2 months ago
WHERE IN THE US SHOULD ONE BUY?I have done hundreds of hours of research (ie. all online), and whittled the possible choices down to Miami, Florida. That's not to say that other places don't offer great upside potential or high rental returns. I have selected Miami because I believe it will offer the highest price increases once things turn a…[Read more]
British Buyer replied to the topic MIAMI (ad)VICE in the forum Overseas Deals 14 years, 2 months ago
Sorry about the break in transmission there. My son has been put on the kindergarten bus and I can pick up where I left off.WHY THE US?To many readers, some of whom are already living in the States and doing daily property transactions, the answer to this question is obvious. But I'll just quickly cover this topic for those who haven't given i…[Read more]
British Buyer replied to the topic Can Australians invest in China in the forum Overseas Deals 14 years, 2 months ago
Hi allI live in China, and made 80% of my money on the Chinese real estate market (and retired young as a result).Anyone can buy property in China, although there are 2 laws governing foreigners:1. you can only buy 1 property in total 2. you can only buy if you're in the country on a working visa, and have been in the country for at least one y…[Read more]
British Buyer replied to the topic Michigan Property Market in the forum If I were to buy in Detroit 14 years, 2 months ago
If I were to buy in Detroit I'd wait until mid-winter (if you can stand the cold) or early spring. Property markets in the US (like they are here in China) are seasonal: they go cold in the winter (except for the southern sunbelt). The Case-Shiller graphs of the Detroit market are enough to make bargain-hunters drool: prices hardly went up in t…[Read more]
British Buyer replied to the topic BEWARE – Inexperienced buyers agents and Cashflow Hype USA in the forum Overseas Deals 14 years, 2 months ago
I liked the title of this topic, so I figure I may as well add my two cents worth of input.I know nothing about World Changer, but what he wrote in the opening post is spot on. I only hope that he isn't anything like many of the subsequent posters, who are clearly trying to drum up support for their own business concerns.It is rather ironic that…[Read more]
British Buyer replied to the topic USA – Research complete and almost ready to head over there – Anyone else at the same stage? in the forum Overseas Deals 14 years, 2 months ago
Hi Bek and Dean and anyone else out there with similar interestsYep, I'm about ready. I've been reading nonstop for about a month now, and my head is spinning from all the data, and the constant self-questioning: should I or shouldn't I? If I should, then now or later? If now, then where?I originally got the idea from my wife (she's Ch…[Read more]