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Viewing 14 posts - 1 through 14 (of 14 total)
  • Profile photo of buymorebuymore
    Participant
    @buymore
    Join Date: 2008
    Post Count: 20
    December 19, 2010 - 6:18 pm
    RickH wrote:
    All looking good for us now. Barring any problems with bank here we will be owners of 3 houses in Kansas City Missouri. All rehabbed and ready to be leased (1 is already under section 8 lease, the other 2 are vacant i believe). Exciting times. If all goes well will look at another 3 in about 12 mths time

    Hi Rick

    I'd like to buy a house in KC as well, but I dont know where to buy.
    May I ask which suburb have you bought? what is the yield? purchase price?
    Thanks so much in advance!

    Profile photo of buymorebuymore
    Participant
    @buymore
    Join Date: 2008
    Post Count: 20
    December 19, 2010 - 4:48 pm
    morekc wrote:
    kansas city missouri has proven to be a great investment. lower than usual unemployment. current population growth. future job growth outlook strong. diverse economy with large blue collar work force. rehabbed homes in GOOD neighborhoods in the $30k-$40k range that rent for $700-$900 per month.

    Hi morekc

    I am looking for properties in the 30-40k range with good yield in kansas city.
    but I dont know which area to look for, not sure how to start.

    could you give me some advise please?
    thanks in advance

    Profile photo of buymorebuymore
    Participant
    @buymore
    Join Date: 2008
    Post Count: 20
    September 23, 2010 - 10:58 am

    thanks so much! I will contact them today

    Profile photo of buymorebuymore
    Participant
    @buymore
    Join Date: 2008
    Post Count: 20
    September 22, 2010 - 4:30 am

    i only just found out about it today. i will write a termination letter to them today.

    Profile photo of buymorebuymore
    Participant
    @buymore
    Join Date: 2008
    Post Count: 20
    September 22, 2010 - 3:52 am

    they have been fined for $840000 in total….. does that mean the landlord have to pay some of the fine? or does it cover by the insurance?
    i am so concerned. the agent they mentioned, it is my current managing agent. should I change ?

    Profile photo of buymorebuymore
    Participant
    @buymore
    Join Date: 2008
    Post Count: 20
    September 4, 2010 - 1:50 pm

    Thanks for the helpful tips!

    Profile photo of buymorebuymore
    Participant
    @buymore
    Join Date: 2008
    Post Count: 20
    September 3, 2010 - 4:00 am

    Thanks everyone! the comments are so helpful. I have used the google map, it is a very handy tool. My friend will inspect the unit for me soon. I have checked with local agents regarding the rent.

    will keep you posted regarding the inspection

    Profile photo of buymorebuymore
    Participant
    @buymore
    Join Date: 2008
    Post Count: 20
    September 2, 2010 - 11:55 am

    Thanks so much all for your quick reply.

    I have done as much research as I can think of. calculated the numbers…

    I will get building and pest inspection done asap.

    how can I find out about the vacancy rates in the area?

    Thank you all

    Profile photo of buymorebuymore
    Participant
    @buymore
    Join Date: 2008
    Post Count: 20
    August 19, 2010 - 11:13 am
    freerenterprise wrote:
    Phillippe Tartonne is highly recommended. Lives in The Hills distrcit but can travel anywhere in Sydney. 0407948824 mention Graeme recommended him for good service (he owes me as I found him a nice townhouse)  :)

    Hi Freerenterprise

    thanks so much. I will definitely mention your name

    Profile photo of buymorebuymore
    Participant
    @buymore
    Join Date: 2008
    Post Count: 20
    July 21, 2010 - 11:37 am

    Hi there,

    sounds you know Liverpool quite well…

    I heard people say there are two parts of liverpool. should avoid speed st and near by. Northern liverpool is much better
    area. is this right? there are many units for sale on speed st. your thoughts?

    Profile photo of buymorebuymore
    Participant
    @buymore
    Join Date: 2008
    Post Count: 20
    July 21, 2010 - 11:35 am
    god_of_money wrote:
    I like liverpool area as they are building IF NOT the largest hospital in Australia/southern hemispehre

    it will create jobs etc etc

    Profile photo of buymorebuymore
    Participant
    @buymore
    Join Date: 2008
    Post Count: 20
    July 20, 2010 - 3:49 pm

    Hi

    I am looking for a good broker at the moment…
    Do you mind give me his email please? I need a loan urgently

    Thanks for your help

    Helen

    Profile photo of buymorebuymore
    Participant
    @buymore
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    Post Count: 20
    July 20, 2010 - 3:47 pm
    Touche wrote:
    Hi

    Try this broker, I have done a few loans with him and still is going through with him now.  I find him really helpful.  I gave my senario to other brokers and they can't do (i.e. approve the loan) except this guy.  His name is James & his number is 9803 3040 his mobile 0403 466 486.

    Good luck.

    Tina

    Profile photo of buymorebuymore
    Participant
    @buymore
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    Post Count: 20
    July 19, 2010 - 6:33 am

    Hi PQ,

    Thanks so much for the info. it is so useful. I have been searching online like a crazy but there are so much info and I don't know
    where to start.
    do you know the difference between co-op and condo? i thought if it is co-op then you can't use it as a rental property.
    only condo can. is this right?

    have you bought anything in NY or NJ? is it as easy as buying in sydney?

Viewing 14 posts - 1 through 14 (of 14 total)