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  • Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
    Join Date: 2010
    Post Count: 618

    Hi Investing Novice,

    Please feel free to email me at [email protected]

    Depending on the area where your properties are located I have 2 property managers that I would recommend.

    They both have very different styles but both suit their target area's well.

    Thanks for reading.

    EngeloRumora | Ohio Cashflow
    http://ohiocashflow.com/
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    Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
    Join Date: 2010
    Post Count: 618

    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.

    EngeloRumora | Ohio Cashflow
    http://ohiocashflow.com/
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    Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
    Join Date: 2010
    Post Count: 618

    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

    EngeloRumora | Ohio Cashflow
    http://ohiocashflow.com/
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    Profile photo of EngeloRumoraEngeloRumora
    Participant
    @engelorumora
    Join Date: 2010
    Post Count: 618

    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 ;)

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
    Join Date: 2010
    Post Count: 618

    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.

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
    Join Date: 2010
    Post Count: 618

    Sweet

    Jay is back also.

    Lets get this overseas section booming again hahahaha

    Thanks

    EngeloRumora | Ohio Cashflow
    http://ohiocashflow.com/
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    Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
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    Post Count: 618

    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 copy of insurance declaration page and tenant lease agreement. Once all is complete they finance within 48 hrs.

    Thanks.

    EngeloRumora | Ohio Cashflow
    http://ohiocashflow.com/
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    Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
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    Post Count: 618

    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

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
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    Post Count: 618

    Yes and Yes,

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

    Very unfortunate :(

    EngeloRumora | Ohio Cashflow
    http://ohiocashflow.com/
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    Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
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    Post Count: 618

    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.

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
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    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 with key people that can help you on your property investing journey. Enjoy every moment as the journey is better than the destination. I am more than happy to help anyone with free advice, feel free to add me on Facebook or Skype. 

    Have a great day.

    EngeloRumora | Ohio Cashflow
    http://ohiocashflow.com/
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    Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
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    Post Count: 618

    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

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
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    Post Count: 618

    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 focus on the clients needs first and understand this as they to are investors. I look forward to our next meeting.

    Kind regards,

    Engelo.

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
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    Post Count: 618

    Hi Shahin,

    Thanks for your kind words mate. It is all about believing in yourself and your team. How is your investment process going so far?

    Kind regards,

    Engelo.

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
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    Hi Jamie,

    Thanks for your support friend. It means a lot.

    Kind regards,

    Engelo.

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
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    Post Count: 618

    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

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
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    Thanks Kong,

    will do

    engelo

    EngeloRumora | Ohio Cashflow
    http://ohiocashflow.com/
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    Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
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    Post Count: 618

    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

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
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    Post Count: 618
    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

    EngeloRumora | Ohio Cashflow
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    Profile photo of EngeloRumoraEngeloRumora
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    @engelorumora
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    Post Count: 618

    Hi dgirl,

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

    EngeloRumora | Ohio Cashflow
    http://ohiocashflow.com/
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Viewing 20 posts - 321 through 340 (of 575 total)