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  • Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
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    October 11, 2013 - 12:55 pm

    Thanks for the entertainment gents.

    Just starting the day here in KC and will continue making millions $$$

    *cough* *cough*

    Of phone calls

    hahahahahahaha

    and emails haha

    Have a beautiful weekend :)

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    October 10, 2013 - 3:20 pm
    zmagen wrote:
    "Slipped" is the right term indeed – I think it's quite a manageable slip, considering July's numbers – 

    JAPAN CONSUMERS HAVEN'T BEEN THIS CONFIDENT IN 7 YEARS

    sorry, freckle, doing my best to keep up with your couch commentary, but busy here in the real world, with all the "idiots" who have been netting handsome profits here in Japan while you moan and groan from your precious metals hoard stash ;) 

    OK, this was a funny post.

    Keep it up guys.

    The 2 most active posters in the "overseas section"

    Where is everbody?

    Thanks :)

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    October 10, 2013 - 3:08 pm

    Hi Karina,

    They shut down every were not just in Atlanta. Caused a lot of drama for many finance companies and also investors.

    Yes, attorneys tend to have relationships with smaller private banks where all decisions are kept in house.

    There is no guarantee that accounts will be opened forever tho. If the words spreads and everyone start flocking to the bank eventually it could raise a few flags and then dramas again.

    Thanks.

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    October 8, 2013 - 1:48 pm

    Thanks for your comment Andy

    Have a great day.

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    October 8, 2013 - 1:47 pm
    BoughtWithEquity wrote:
    In the US, especially in what we refer to as the "inner city", the best managers may not be those who pay on time or keep in touch…but as long as they do get you paid AND keep the place rented, that's what you really need to be after.  Try to get personal references if you can.  Some of the houses foreign investors are buying, look nice in the pictures and sold for $200k a few years ago, but are really in war zones.  Parts of Atlanta are like that.  Some of the best managers in the inner city parts of Atlanta are unlicensed and not the best with paperwork but they keep the place occupied.  My group doesn't buy in the war zones anymore as I don't want to deal with that tenant base.  Most of the managers I have used in Atlanta were God awful but I ended up with a few who were decent.  I don't rent whole houses anymore.  Instead, I create shared housing for better rents & returns.  Happy to network!  Andy

    Hi Andy,

    100% agreed with your post.

    Its a very unique way of dealing with tenants in certain areas. You don't need the "best" property manager, you need the "right" one.

    Thanks and have a great day.

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    October 8, 2013 - 1:04 pm

    Hi Karina,

    Sounds great.

    Hopefully we get more people interested and we organize a date for a get together.

    It would be awesome hearing from investors that have already bought in the US and what strategies they implemented to make it a success.

    Thanks and have a great day.

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    October 7, 2013 - 1:19 pm

    Thanks Ziv,

    Much appreciated. Just recently did I see your post.

    Have a great day.

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    September 30, 2013 - 4:07 pm

    FORZA ITALIA hahaha

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    September 26, 2013 - 6:48 pm

    HI astroboy71.

    I highly recommend the services of Nathan Birch.

    In my opinion he offers the best service and products out of all buyers agents nationwide.

    It is a pleasure knowing him.

    Thanks and have a great day.

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    September 21, 2013 - 6:19 pm

    Thanks mate,

    Pleasure reading.

    Have a great day

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    September 21, 2013 - 12:32 am

    Hi Freckle.

    Thanks for your reply.

    I just dont know how much higher can the market keep going in Australia. The bubble has to burst eventually. Do you think the market could ever decline as much as it did in the US?

    I hope it does as I know every little town like my back pocket in NSW haha

    Spent many sleepless nights driving around with Nathan Birch looking at all kinds of properties haha

    Thanks.

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    September 20, 2013 - 7:07 pm

    Thanks Freckle,

    Your reply is much appreciated.

    What do you suggest is the best and safest investment in the current climate?

    Also, your thoughts on the Australian property market. Does it offer good opportunities?

    Thanks and I am looking forward to your reply mate.

    ps. I am not to keen on stacking up on bars of silver haha

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    September 19, 2013 - 9:09 pm

    if the US collapses the whole world collapses also.

    What do we do then?

    Thanks

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    September 19, 2013 - 4:06 pm

    hahahahahahahahahhahahahahaha

    Ziv and Freckle

    Love you guys ;)

    Can you please include me on this banter.

    I believe if us 3 were to sit down over a nice piccolo latte somewhere in Milano lol I am sure we could come up with a great real estate business idea ;)

    I will leave Jay out as he is already out of our league haha

    Ok let mi stir the pot a little.

    Freckle,

    I remember you saying last year that there will be another big collapse bigger than the first one. Still hasn't happened my friend in fact the market has started moving up here in the US. Hedge funds have been buying big in most cities squeezing the smaller turn key companies to literally door knock when looking at buying.

    Florida especially has seen signficant growth. Some statistics even show parts of Detroit recovering.

    We haven't seen much movement here in KC in the areas we target but we are paying much more than what we were 1 year ago.

    Living in Kansas City for the past year I can comfortably say that the American people are very resilient and there is no doubt that the US economy will get better and recover.

    I am looking forward to the stats and statistics and I will try to counter with some of mine an join you guys.

    Thanks and I wish you both a great day.

    ps. At least we can keep the overseas section active so when the Australian market tanks 50% everyone will jump here haha :)

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    September 19, 2013 - 3:49 pm

    Hi Ziv,

    Thanks for your comment.

    I didnt know anything about the real estate market in Milano. Now I do ;)

    Love that place. I have traveled there on 7 separate occasions. I would spend a good 2 days just walking in Via Montenapoleone haha

    Wouldn't mind buying a studio one day lol

    Thanks and have a great day.

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    September 18, 2013 - 4:21 pm

    Hi Ziv,

    Thanks for your sharing. I agree with your post.

    Decisions of where and what to buy should be based on the end goal of the investor. I do still believe that having the right team is very important. I will always keep stressing that fact as I know when that storm hits a good team can pull together and make things happen without costing the investor.

    Thanks and have a great day.

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    September 18, 2013 - 3:20 am

    I have never been lol

    I bet its amazing lol

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    September 18, 2013 - 2:41 am

    hahaha

    Thanks Freckle.

    I wish the Bahamas were on the list lol

    I still dream about that place :)

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    September 18, 2013 - 2:36 am

    I am sorry to hear this.

    Let me know if we can assist in anyway.

    Thanks and have a great day.

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    September 17, 2013 - 1:18 pm

    Hi RickHy,

    Thanks for your comment.

    I hope you have a good property manager in place now and your asset is performing well. Unfortunately there are too many stories like yours.

    Thanks.

    EngeloRumora | Ohio Cashflow
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