Lawsjs nice to hear from you.. now if Freckle is allowed back on it will be like old home week.. Although the economy did not crater like he predicted ….

Yes US re is in full rebound if you bought in the right markets. and your sister did follow the better trends.

We are doing very well on our end.. the market has turned such that home owners…[Read more]

Nigel the other great thing and I sincerely hope our AU friends will participate is you can leave reviews of TK providers.. So if you have had great service and want to recommend a company you can do that… If you have had a poor experience and want to let others know that they may want to check into the deals a little further you can do that..…[Read more]

Nigel have you had a peek at my new website

http://www.turnkey-reviews.com going on day 8 we have over 100 turn key companies listed in 20 markets and they are uploading inventory ( stock daily).. you may want to get listed there as well would be happy to have you and your product up there.

One really neat function is lets say your interested in…[Read more]

MJ nothing to really ad to the above.. One issue is that 60k in most markets will put you squarely in a lower level type IP.

Another thing to remember is that cash flow and capital growth do not go together in the states generally.. the greater the cash flow the less capital growth. the biggest capital growth states will be just like AU…[Read more]

Nigel one needs to simply google US public companies that provide housing in the Oil industry and you will see that they have pulled back by over 80% their stock has tanked etc etc. Now these companies are US public companies will survive over time however the mum and pop developers who rushed in and sold hotel rooms I bet the majority of those…[Read more]

Lotte… you may want to put this on the website called ” bid 4 Assets” its like an E bay for RE and one off investors such as your self can list and sell your properties there it will also give you a good indicator if you have sellable properties and at what price.

AS Engelo states C class properties although easy to buy are very very tough to…[Read more]

Just checking in all quiet on the western front.. really amazed at how quiet AU investors have become vis a vi the US

David,,, I will be doing a pod cast after the 1st of the year… and I also wrote an e book with a fellow Aussie on the do’s and don’ts of buying USA property.. I have 40 years experience in the US markets being a RE broker in California Oregon and Mississipi as well as a Nationwide mortgage Banker.. I have personally funded deals in 21 states.…[Read more]

Freedom that was last 24 months in Orlando not 2 months I am good but not that good :)

Freedeom as a follow up as Nigel states he spent 15 months here figuring it out.. I have 40 years in the business. I am a Licensed Mortgage Banker.. This allows my lending activities.. I am a licensed Real Estate broker in 3 states and have been since 1975.

Along with doing business in almost half the us states over the last 40 years I have a…[Read more]

freedom,

AS Nigel states if your going to want to flip in the US you cannot do it from your arm chair in AU.. you MUST find a partner that is beyond reproach with their personal business credentials.. Capacity IE do they even have any money or is it all yours.. Etc etc.

I personally started one company 5 years ago that most know about on this…[Read more]

Freedom exactly right prices range from modest to 50k depending on the Guru you hit upon.

NO fee lunch… also be aware that there is an extreme amount of fraud on line in the US.. it is not AU… be careful

anyone you deal with in the US you MUST get detailed references the good player will have them the bad ones will never get back to you.

Freedom… one must be very careful in this endeavor… there were a few US guys that trolled this site and have since ripped off hard working AU investors for many thousands of dollars you can e mail me for specifics.

this would only work by aligning your self with a truly reputable US person.

Here is what you would need at a minimum to check…[Read more]

Nigel what class units are you closing. on is this Orlando?

good luck on it

If you decide on a property just get an independent appraisal… do not take Zillow or Truilas values as accurate they are all across the board and are really a JOKE with us investors. And only use an Appraiser you personally contact and YOU personally pay for.. that is the only way you will get true values in the US.. if you don’t want to spend…[Read more]

Cheeves nice to see you again.

And your dead on about your thoughts of new construction vs a vi old properties.. I have seen more than one investment group from California just loose there bottom sides when the market heated up and A properties ere being built and sucking the tenants right out of the lesser buildings.. That’s were distressed…[Read more]

Colin

what area of Atlanta as you know its a huge metro plex.. I do have a very good broker to refer you to.. ( he was my TWH partner in ATL)
but I want to make sure he works the area your property is located in.

Send your details to jayhinrichs@aol.com

Dr. Suess this same argument has been played out a million times with California investors.. That get pounded by mid west and east coast companies to invest in their cash flow markets… Same price points you enjoy in OZ and the same scenario IE

Is it better to buy a property that is neutral to negative gear ( we call it negative or Neutral…[Read more]

cat
the Mexicans have already fled.. on the West coast were they represent a huge labor pool… When construction tanked they went back home by the 1,000s now that building is boomin again we have an acute labor shortage and the Mexicans are coming back to fill that need.