jayhinrichs replied to the topic The Truth About MY USA Property and Andrew Allan as depicted by 730 report in the forum Overseas Deals 12 years, 5 months ago
emma,LLC is so over blown both with US investors and others… Rental properties and tenants are just not a litiguous bunch….The cost of maintaining the LLC would be better spent buying an umbrella insurance policy that you go through with a fine tooth comb and that will give you all the protection you need.. You get sued turn it over to the…[Read more]
jayhinrichs replied to the topic http://www.peaceofmindinvestors.com Another Detroit seller in the forum Overseas Deals 12 years, 5 months ago
my friend opened shop there did not move… He owns 350 rentals here in Oregon and his holdings are in the 50 million range..
he will do what I am doing in my markets he will move in and go for 100’s of units and make a business out of it….
Just like the hedge funds are doing in almost every major city in the US… The hedge funds will be the…[Read more]
jayhinrichs replied to the topic http://www.peaceofmindinvestors.com Another Detroit seller in the forum Overseas Deals 12 years, 5 months ago
Kyler you get enough A’s and B’s you will have a 3.5 or Better GPA and C’s will be a thing of the past for you
jayhinrichs replied to the topic http://www.peaceofmindinvestors.com Another Detroit seller in the forum Overseas Deals 12 years, 5 months ago
got it.. have a great weekend,,, we got our first 80 degree weather of the year here.
so we are braking out the sun screen
JLH
jayhinrichs replied to the topic http://www.peaceofmindinvestors.com Another Detroit seller in the forum Overseas Deals 12 years, 5 months ago
thats what we want to prove to our Aussie friends that there are good guys out there that will help them….thanks for stepping up appreciated and I am sure Gavin will appreciate it as well… Now he may already have this covered but at least we are offering…..JLH
jayhinrichs replied to the topic http://www.peaceofmindinvestors.com Another Detroit seller in the forum Overseas Deals 12 years, 5 months ago
Mahovi,on anther thread is a gentlemen named Gavin who has had a very unpleasant experince in detroit and youngstown with an Aussie Spruieker,,, Would you reach out to him and have one of your people just do a drive by and snap a photo for him as a courtesy, and maybe a brief description of the property and WHAT YOU think he should do with the…[Read more]
jayhinrichs replied to the topic Andrew Allan and My USA Property in the forum Overseas Deals 12 years, 5 months ago
Gavin,We have a new member Mahovi on the forum he is working Detroit,,, I bet he will have one of his people do a drive by for you snap a pic and give you the real scoop..As a courtesy.If you want to send me a private E mail I will have one of my Ohio assets look at youngstown for you…Just to be clear I will do these at no charge… If there is…[Read more]
jayhinrichs replied to the topic Pennsylvania — a good place for overseas investing? in the forum Overseas Deals 12 years, 5 months ago
This seems like a lonly post so thought I would give a little feedbackpenn state is pittsburgh and philidelphia…both of these cities are old steel mill towns.. and have very low end neighborhoods that would rival Detroit for the same environment and such..However have nice blue and white collar areas and high end high brow as well.I am partners…[Read more]
jayhinrichs replied to the topic http://www.peaceofmindinvestors.com Another Detroit seller in the forum Overseas Deals 12 years, 5 months ago
Kyler,,Here is were I have got to chime in on reality for our friends in OZ….And please do not take this personally this is just from my experince.What you talk about is great with these great returns….. And I have no axe to grind .. I would like them however to buy hardware and rehab supplies from us…The ugly truth is you will make your…[Read more]
jayhinrichs replied to the topic http://www.peaceofmindinvestors.com Another Detroit seller in the forum Overseas Deals 12 years, 5 months ago
I have a client from Oregon that has moved part of his team to your hood..
he has bought about 100 of these homes… in KC.. he likes it all set up he takes care of everything himself of course..
jayhinrichs replied to the topic self managing in the USA in the forum Other than my little Tee t 12 years, 5 months ago
Other than my little Tee t Tee on subject too equity skimming scheme’s I think the modirators have treated me fairly.
Not that I think they were not right taking down my comments on that scheme….
The socio demographic realities as they relate to different parts of the US and owning rental properties are really really critical to the financial…[Read more]
jayhinrichs replied to the topic self managing in the USA in the forum Overseas Deals 12 years, 5 months ago
Alex SC wrote:
jayhinrichs wrote:
Training not required for US notary,,, just read the book on what notary jurats to use for different documents get your stamp and book and your down the road.CA. requires finger prints on any deed that trasnfers title…. So much fruad was taking place the title insurers got this Bill passed 15 or so years…[Read more]jayhinrichs replied to the topic http://www.peaceofmindinvestors.com Another Detroit seller in the forum Overseas Deals 12 years, 5 months ago
Mihovi,
the reason you only got one response here,,, is that Detroit is well known in Au…
The great britian spruiekers hit it real hard though..
From my point of view from being on this site about a year…
In the beginning it was all about Net and gross yeilds.
Now I think these investors are starting to balance those yields with Risk…[Read more]
jayhinrichs replied to the topic self managing in the USA in the forum Overseas Deals 12 years, 5 months ago
Training not required for US notary,,, just read the book on what notary jurats to use for different documents get your stamp and book and your down the road.CA. requires finger prints on any deed that trasnfers title…. So much fruad was taking place the title insurers got this Bill passed 15 or so years ago.Its just alarming what one can do…[Read more]
jayhinrichs replied to the topic self managing in the USA in the forum Overseas Deals 12 years, 5 months ago
debralawson wrote:
wow you guys surely are scaring me off this buy into the US idea, thats ok I think a business may be the way to go. We run 2 here and have a few ideas for a retail outlet we want to set up, I think we look at setting that up there perhaps? Any thoughts on setting up a business there, or is that a whole new thread..Debra,I…[Read more]
jayhinrichs replied to the topic self managing in the USA in the forum Notary in the US is someone 12 years, 5 months ago
Notary in the US is someone who takes a test no harder than getting a drivers license.. And has a basic background check… Most notarys have no clue as to what the document they are notarizing does or is.Fraud is rampant in the US with forged Notaries… but we do not want to give the spruikers anymore ideas.. they already caught on to the LLC…[Read more]
jayhinrichs replied to the topic self managing in the USA in the forum Lawsjs,
I think you can go 12 years, 5 months agoLawsjs,
I think you can go to the american consulate in OZ and get docs notarized ?
jayhinrichs replied to the topic Recommendations for USA all-in-one property managers in the forum Overseas Deals 12 years, 5 months ago
time is money,
My last 2 weeks went like this.
Portland Atlanta 4 days… Atlanta to vegas 3 days.. then up to Indy 2 days over to memphis 1 day drive to jackson 2 days. back to memphis then back to PDX>.. 14 days on the road.. Nine legs 5 hotels…. 3 rental cars… plus all meals out… say close to 5k all in….
And I am just giving it…[Read more]
jayhinrichs replied to the topic self managing in the USA in the forum Overseas Deals 12 years, 5 months ago
One of my clients lost a house in N. Portland to a grow operation…
I had the security interest on it and numerous other properties so even though that house was destroyed I came out OK..
Seems like their business plan was not thought threw well enough if the reno appliances and such all of a sudden became too much.
I assume she bought…[Read more]
jayhinrichs replied to the topic Recommendations for USA all-in-one property managers in the forum Overseas Deals 12 years, 5 months ago
"We have been working with ideas containing wording relating to paying off beginning capital in X amount of years with clauses pertaining to buying back or selling of said asset. New stuff for me, but interesting and something i will be researching for while"buy back agreements are only as strong as the entity or person that is to buy back……[Read more]
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