llovehouses.then go on line to the IRS site… Look up 1099c  and then print one out and send in what you know of this guy.I suppose when  you lent him the funds you got a credit check and on that credit check is his SS… once you have the SS you just fill it in on the form mail it in… Inlcude the default interest your due send in the whopper 3…[Read more]

MihoviI think the major issue Detroit has and some other venues..Rochester, buffalo,, anything Ohio come to mindIs the spruikers be it OZ US or GB have hit it so hard and so many people have had bad experinces,Poor detriot gets lumped in…Really if you bought Inner city ATL you would have the same issues as detroit.When everyone talks atlanta on…[Read more]

Nigel Kibel wrote:
Yea its gone up in value with all the idiots that have invested there. Dont waste your money on this third rate city

Nigel,Please what do you really mean??? Please do not hold back<br /:)” title=”>:)” class=”bbcode_smiley” />JLH

Casahuntersince you have a lonely post thought I would chime in.to find a decent agent here are a few ideas to find one.1. Search the web the number one agents will come up in the top 20 or so do not need the top one but top 20 in a town of 7 million or 1.3rd the entire pop of OZ will probably be OK2. search real estate companies and inquiry that…[Read more]

Its all relative to the price of entry….

mihoviIts exciting to see such quick turn around this year… We have been waiting for it for 4 years…. Still nothing like the go go days of 2001 to 2007,,, but its moving in the right direction.Also, when a 20k house moves up 15% its now 23k  so those kind of stats are misleading.It will be very interesting to see where this all settles out in…[Read more]

llovehouses,

does not appear to be the same individual.. Moral of the story is the same… many hucksters out there promising the moon… Reality is these are undercaptialized con men that know enough to facilitate what appears to be a legit transactions and of course with all the hype about 25 to 30% returns in the US…. I can see where people…[Read more]

Can you drive fast on those roads to nowhere?

Like say. 220khm or better looks like you can

Google earth Street view many times is not the right house..Google is great just like trilla and others for generalities but not specific info.One who buys a house based on Google earth is buying site unseenJLH

Ouch,those are not good commutes at all…My commute here in Oregon,,, is 2 stop lights 12 minutes and a country drive through the farm land to my office (of which I own the building)Now get on the wrong side of town where the cheaper housing is and you have 90 minute one way commutes on a daily basis.When I lived in SF  I lived in Palo Alto and…[Read more]

Well I will be the first to ask:1. did you pay for membership2. are you getting full address's3. did they give you any kind of credentials package to back up their claims.4. what price points are you seeing are they dealing in the 20 to 40k purchase prices  20% returns plus or are they showing you higher priced.5. Do they sell you the Property…[Read more]

WI…So OZ average citizen will not drive 90 minutes one way in bumper to bumper traffic to OWN a home that they can buy for half of what it cost in the inner city…. Like we do here in the US and has created the Metro areas????

Excuse my I pad typing

Excuse my I pad typing

Freckle

Us IRS, Fall into 2 catagories Company sponsored and self directed

Company typically only invest in regicide red securities. Market investments

Self directed the owner of the Ira can invest in most anything they want including RE

And that is we’re trillions are sitting in self directeded Ira,s

You could get away with building 10 houses in the middle of no where in Texas where you have virtually no zoning laws

For the western US those numbers you quote are about the same… Huge amounts of National Forests parks and BLM (bureu of land management)  BLM is usually the land that no one wanted to really own,, huge parts of the west are high desert non productive property.. Where its probably like  your out back takes 640 acres for one cow calf carry c…[Read more]

HF  minimum investment is 1,000,,000.00  so kind of seperates the mens from the boys.when I said super funds above I mean our version  IRA 401k etc.there is trillions sitting in these funds here in the US… And the soup de jour is what to do with these funds OTHER than the market.IE flow into these bargin basement RE investments.Agree with Em…[Read more]

FrekleIn my mind… there is so much cash in the US right now.. residing in super funds… in a global melt down those funds will flood out of the market.. and into real estate we see that time and again.And income producing real estate will be akin to buying gold it will be a safe harbor.. People have to live someplace…And really from my…[Read more]

Frekle,When demand is high in the US prices tend to stay or rise…. when demand falls off price decline or stay stable.In OZ if demand dies what does the market do…Your market is already very hi based on affordablity factors vis a vi average wage to average purchase price… I see your market on a parrallel with the best SF Bay Area markets……[Read more]