Hi Johann,

Thanks for your comment.

Hopefully the Aussie market tanks similar like the US did and we can all start buying again haha

Thanks.

100% agreed.

There are still good deals to be found in Australia but those properties would need a major renovation. I don't think Australian returns can compare to what can be found in the US at the moment.

Thanks

Hi Joe,

Sure.

In my opinion the US offers better opportunities. I have pretty much completely converted to investing in the market here.

No debt or minimum debt. If minimum debt the yields are so high that they easily cover with plenty of cash left over.

Thanks

Hi Greg and Joe,

Thanks for your comments.

Joe,

Yes I did, great outcome. Sold the one in Coonamble and also Moree. I am in the process of liquidating my entire Australian portfolio. Might only hold 1-2 properties.

Thanks.

Sweet

Jay is back also.

Lets get this overseas section booming again hahahaha

Thanks

We have been working with a company that lends in 12 states.

50% lend at 7% interest.

3 years fixed.

They have a certain target area they will only lend in for each state.

The dont require any tax returns from the burrower and they dont do credit checks.

An appraisal is conducted on the property and also a building inspection. They want a…[Read more]

Hey Freckle,

Long time no speak my friend.

I'm back hahaha

How have you been?

I can see your still pushing hard with your very structured replies lol

I hope your well mate

Yes and Yes,

Wells Fargo has shut the doors on opening accounts for foreigners.

Very unfortunate

Hi Kyler,

Thanks for your comment.

I recommend speaking to Kyler regarding the US market. He has extensive knowledge on the US property market and especially Kansas City.

Thanks.

Hi Freckle,

Once again thanks for your praise. I agree 100% with your post. Start with a basic cosmetic renovation. You make money when you buy not when you sell. So make sure you are patient and you buy very cheap.

Henry Ford said, "I am smart enough to have smarter people around me doing the things I cannot do."

Build trust and relationships…[Read more]

Hi Freckle and Shahin,

Your kind words are much appreciated.

I am happy to share my experiences with the US property market. Please feel free to add me on Skype and we can arrange a meeting. There is too much info to fit in an email

Regards,
Engelo

Hi there,

Thanks for your support and rap mate. I am certainly very fortunate to be aligned with a great team of people on the ground in Kansas City MO who understand the importance of the investor in regards to securing the property management side of the investment. I believe that this company Investinus Group are right on the money as they…[Read more]

Hi Jamie,

Thanks for your support friend. It means a lot.

Kind regards,
Engelo.

Hi Jack,

Thanks for your interest and support mate. I value your kinds words and would love to hear your story about your investment dreams.

Kind regards,
Engelo

Thanks Kong,

will do

engelo

Hi Kong,

it wasn't really out of the blue, a lot of planning and sacrifices were made for this to become a reality. I couldn't leave sooner as I had to sort out my Aussie portfolio first.

engelo

jmsrachel wrote:
Don't let Freckle see this post….  i get scared when he gets mad!

haha freckle and I go way back. I admire his honesty and respect his opinion.

engelo

Hi dgirl,

the plan is to buy, renovate and hold. I will sell here and there to make funds available for further purchases 

Hi thecrest,

Try again below:

http://homes.ninemsn.com.au/diy/renovation/8527389/i-doubled-my-money-on-australias-cheapest-house

Engelo

Hi Jamie,

Havent sold yet, been on market for 2 weeks. Had offers of $65k and $70k. Would take between $75k – $80k. In no rush as have secure tenants paying $180pw.

Engelo