Levitt_Two wrote:
Hi eric, I am interested in investing in las vegas property myself. Ive been researching condos in the area under the 50k mark and have found a few. I was wondering if you have any info on neigbourhoods/rental return etc? Any advice and tips would be great Thanks, simon

I lived in Las Vegas for a few years, I would stay away…[Read more]

husky0108 wrote:
Can you recommend US websites to search for properties. Foreclosure and auction sites, etc…

http://www.realtor.com is the best place to locate properties currently for sale. http://www.zillow.com is a good site with some for sale by owner listings and property history details.I have not found a reliable site for auctions or foreclosures,…[Read more]

IP Freely wrote:

burtonridr wrote:

Scott No Mates wrote:
PS where do you board in Az?

What do you mean? Like when I visit? I have family that lives there, I stay with them when I visit.

I think he means 'are you a snowboarder who rides a burton board'?

Oh lol I see  I never snowboarded in AZ, but there is a ski resort in Flagstaff…[Read more]

I saw the flooding on the news, I hope non of you or your family got caught up in the flooding. Anyone witness it first hand? Anyone with property in the area?

Scott No Mates wrote:
PS where do you board in Az?

What do you mean? Like when I visit? I have family that lives there, I stay with them when I visit.

Pauline21 wrote:
Hi Eric,It was great to see your post.I am heading to Phoenix in a few weeks to purchase property – it sounds like you have spent some time in Phoenix.  Do you have any good property management contacts in Phoenix?  Can you suggest dangerous areas to avoid and decent (not expensive) areas to invest?  Ie, south of centre bad…[Read more]

On the topic of where to buy, I keep seeing people suggest Detroit Michigan… I would rate this metro area as having one of nearly the highest risks in the country, next to New Orleans. Detroit – Grew as an industrial economic power house when GM and Ford were doing really well in the 1940-1980's. Then Toyota and Honda came into the picture and…[Read more]

PM's Sent

itsandrew wrote:
Hi Eric,Welcome to the forums.  Great to see you have joined us on here.Can you tell us a bit more about yourself.  Where in the states are you from, what's your previous/current involvement in US property? Andrew

I'm currently living in Spokane WA (this area was not hit by the recession, properties are not a good buy here), bu…[Read more]

Its funny because the market condition you describe in Australia is very similar to what we experienced over here in 2005-2007. I started looking for rental property and couldnt find any with positive cashflow. Now that prices have dropped they are everywhere.Markets I'm interested in are Phoenix AZ and Las Vegas NV. These markets exploded in…[Read more]