Hi Crystal,

Thanks for your response.

When you talk about doing your research, do you tend to do your
research on the internet when looking for potential towns/regions for IP’s and then once you’ve identified a promising area you visit the place? Or do you look for very cheap properties and then find out information about the town it is located…[Read more]

Hi guys,

Thanks for all the responses. Crystal, surely if you bought a property for only $75,000 then it would have been in a small regional town? How did you know that your particular regional town would experience such fast capital growth as well as cashflow positive?

Is it a good idea to try and find towns with a population of >5000?
Or…[Read more]

Hi guys,

My only concern with investing in places like these is that these towns have populations of less than 5000 (or even 1000), is there enough demand in the long term to make it worthwhile buying property in these small mining towns? What is the vacancy rates in these towns and why are people selling if there cashflow positive? These…[Read more]

Hey, i’m 22 and i’d be keen to do this because i’ve just mainly read books and haven’t talked to a lot of people about IP. However, I live in Mildura (Country Victoria on the Murray River) so it would be almost impossible to organise meetings up here with a group of people??? Anyone from near me? I’ll probably be moving back to Adelaide in…[Read more]

Hi guys,

Thanks for all your replies. They have been very helpful. From what I understand Buffalo (and San Antonio) are still good places to invest if you have a good property manager and do your due diligence before buying any property. If you do all this then you are quite likely to buy an investment property under market value and with…[Read more]

Hi again,

I was just trying to think about why these properties have such large returns in comparison to Australia…What is the interest rates overseas in the United States? Why are the returns so much higher over there?

Hope someone can shed some light on this topic.

Thanks,
Paul

Hi Ozi (and everyone else)

Have you bought property in the US before or done any research in this area ? Can you tell me approximately what the net return would be on a property returning 20% gross?

What are land, electricity, water rates etc like other in America?

Thanks
Paul
[suave2]

Hi guys,

I’ve heard that investing in display homes is a good idea because of the guaranteed high returns while the house is a display home. However, how would I go about buying a display home because i’ve also heard that their can be a line-up to buy display homes because of their guaranteed returns? Is this true? If so, how would one go about…[Read more]

Hi guys,

Thanks for your replies.

I’ve talked to the real estate agent who sent me a complete list in an excel document of all the outgoing fees and rental returns and the property is still cashflow positive. The properties are returning 10.5% gross and 7.91% net after all corporate fees. (neglecting any land rates and some annual fees)

The…[Read more]

Hey guys,

Thanks for your advice. I think i’ll have to read more of these forums then because i’ve read quite a few of the recent posts but these do not seem to answer questions like “How to predict which town or area will have the next boom” or “Where to find CF+ properties and how to search for them” ???

Thanks again.

Paul [biggrin]

I am looking for CF+ properties so that I can begin to reduce the number of hours I need to work everyday. I’ve read about 15 books of investment property and i’ve been looking through the papers and internet for the last 4 months and can’t find any CF+ properties. The best I could find was about 7% gross return from rent.

Any suggestions as to…[Read more]