simple wrote:
Home prices drop despite rate cut by: LISA ALLEN From: The Australian June 01, 2012 10:47AMAN aggressive interest rate cut failed to halt a 1.4 per cent plunge in capital city residential values in May, according to researcher RP Data-Rismark. For the year, residential values dropped 5.3 per cent, with Melbourne contributing the…[Read more]

hey can someone summerize in a few paragraphs what this massland deal is.here in the US options on RE are very basic first grade type of transactions.. the forms are right on the Real Estate websites that can be downloaded for a few dollars ( like 2.00)I am sure there is more to this.Maybe its this guy using all your small dollars to crate enough…[Read more]

these happen every day in the US… within the confines of small investor groups and tightly held consortiums..One can use a LLC and just have 5 or 10 members of the LLC and which is governed by the operating agreement IE purpose and how your going to run the transaction,,, One or more members are the managing members and have the responsiblity to…[Read more]

What we see here in the US vis a vi real estate investing,Is just the total lack of regard for the investors safety,,, be it an Aussie Spruiker who has probably got spruiked himself by some US Spruiker  its a whole big Spruiking world out there from what I can see…I think by and large sites like this have done a pretty good service allow…[Read more]

Patanga wrote:
On the up side most of the information people learn at these courses is very relevant and helpful in regards to learning and getting started. In terms of whether the courses are value for money is more a question of how much well placed time and effort one can realistically invest compared to results.On the down side the…[Read more]

Alex SC wrote:

alanls wrote:
Propert4peanuts and The Foreign property ShopFor anybody contemplating purchasing an American property through http://www.property4peanuts.com an The Foreign Property shop you should be aware of my experiences with the company's. It should also be noted that they have applied to companies house to haveproperty4peanuts and…[Read more]

Emma,stratigic default only applies to OWNER occuppied loans at the time of Purchase of the OWNER occuppied home… If someone bought a home in any state for a rental the Purchase Money clause has no power of law.. and a bank can sue on the note and go for a deficniency.Just like any junior lender who is wiped out in foreclosure can come back and…[Read more]

Javidan,

I look at it just like the stock market.

YOu had all the brokers making money as our market went to 15k… then as everyone panic sold it down to 6k the brokers made fee;s selling.

Then the smart money jumped in at 6k and rode it back up to were its at now basically 12k… Brokers made it on all sides going up and down.

There are…[Read more]

You can create your own USA power pack from a USA providers stand point…

Most likely will mirror the products that are already offered

As I have never seen or read the power pack, I am sure there would be good info that the USA guys could provide that puts some different perspective on investing here in the states.

Have not seen Cheeves post…[Read more]

Mihovi,

I think most of the readers of this forum have heard about all I know about what to look out for and my personal opinions on investing in the US whether anyone agrees or not its just my personal experience and opinions that I share.

Greed factor as it relates to yields is a big issue I see with Aussies.. they want and expect some pretty…[Read more]

Mihovi,Guranteed returns are selling a security anything guranteed is such in the US… just ask any attorney,, very cut and dry.a bunch of the guys in the states have already been shut down from that practice… there is no gurantee unless you do a full blown securities offering have it underwritten by an investment bank and register it in the…[Read more]

How would you say your overall portfolio perfromed when you factor in your 3 not so good ones?And curious about what you mean with underwritten gurantees… No gurantees in the US unless your buying registered securites that yeild less than 5%… i fyou talking rental Guarantees then you will see these guys getting their hands slapped,As well as…[Read more]

WI,Millage rate is the rate each individual county sets for a Specific Area of the county,, And its a formula based on what services are there at the property, so whatever the millage rate is is multiplied by the counties assessed value and thereby creates your annual tax in a dollar amount.   So millage rate 1.25%   tax assessed 100k… taxes 1,2…[Read more]

Alex SC wrote:
First time I have ever heard of them on this forum. Curious do they charge you a fee to see the properties upfront. Alex

I know Ried,,, by and large they deal in 80 to 120k properties around Miami.. Not sure why any Princton grad's would be working in SFR type turn key bizz,,,, seems a little out of place.Just curious is all I guess.

video sad but true statement,You should have seen me circa 2009,,,, flying all over the mid west and south east in my plane,, renting cars. driving up to homes and introducing myself as the bank ( which is was as I was foreclosing on the landlord) and please pay me the rent.This was open season for these tenants to stop paying,,,, cried that they…[Read more]

Alex,

Looks like the video guy you know got his posts removed I think he was advertising his services too strongly,

Too bad its definalty a service that would have merrit.

JLH

Mihovi,since TWH owns all its properties that is our SOP's ,,, new plumbing electrial roof,, hvac, condenser unit. all major componants new upon the first rehab… Even with that we spend an average of 1k per house per year minimum.. then add in vacancy which we all have a little of that,,, Of course with our volume its much less acute… But you…[Read more]

I second Videosinspectors post,,, a good home inspector can be a key element in your decision process.Again not all are as good as others and you can contact…THe BB and other orginzations to check on their bonafidesJust make sure they have insurance,,, There is a fiduciary and legal liability in the home inspection game….However Video,,, not…[Read more]

Being somewhat familar with Lehigh  I actually have been there during a government sponsered trip on how to deal with antiquated subdivisions that have infrastructure issues for future generations.It would not be prone to flooding like New Oreleans… NO sat BELOW sea level protected by a dyke system ruptured and water just poored into the low…[Read more]

emma171 wrote:
Mick – wow… staging furniture – a higher end market than I'm used to … However – if this is you… do this.. PUT SOME BIG STICKERS ON EVERY ITEM SAYING THIS ITEM IS MONITORED BY A GPS TRACKING DEVICE….Next – put cages on the a/c units if they get taken (although if Phoenix is like Vegas they are roof mounted and not so much…[Read more]