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I suggest everyone who buys off these companies post the amount they paid for the property, the commission paid and the rent (if any) that they are getting. That way people can see for themselves
Given the lack of rental data I suggest people continue to share their experiences and results in this forum.
Mike and Bronwyn, thank you for all the great info you have posted on this site.
Can I ask how many of the properties you have sold now have tenants??
Because some of the earlier properties must have been renovated and on the market for quite some time now.
This topic has been really informative – thanks to all for posting.
I sit somewhere between recognising the real opportunity that exists in the US and the reality of the on-the-ground work required.
To Vincent and other buyers agents it sounds like you are providing a well rounded service. But I have never invested with, or through, anyone (for example, a company with a CEO who is not personally invested in his stock) who cannot demonstrate personal commitment.
It's just that the predicated rents often appear to be bullish and yes anything over 20% return is amazing – surely too good to pass over yourself!!?
You may well be invested in your product, in which case I applaud you.