guarantee in the US is a red flag, and is very dangerous for the seller… if deal goes south,,, first thing the attorney representing the buyer will do is Sue the seller for selling an unregistered security….but then again Bernie Madoffs was selling registered securities:)There have been far to many investors burned in the US rental game and…[Read more]

glad your still with us to share your thoughts…

zmagen wrote:
Absolutely enlightening thread. Thanks guys.

Not sure what hardware is for your Japan properties but we just sent a package to Singapore

Alex,go right to the clearance page… All items are at least 50% less than you can purchase at a big box. and a lot of them are 70 to 80%…remember I buy this stuff by the Truck load and we sell volume with obviously very low margin… When your on line and have a Mississippi warehouse with Mississippi wages you can do this.Just look at the…[Read more]

Still have to deal with the tenant if their section 8 or not…. Section 8 by and large only pays a portion of the rent… You will get folks that have 100% vochers. then there are some that only get 50% and its up to the PM or property owner to collect the other 50%.95% or more section 8 in the US is single women with dependants…..this goes to…[Read more]

afraid I can't slant my views to an all rosy picture enough to sell any books..

Dubstep wrote:
Hi Deb,Good on you for following your dreams, I hope you get your New York !Hi JLH,It sound's like a tough way to earn a living, I respect the guys that are doing it  !You know what, I think it would made for a great TV doco  !Is a TV doco ( what we would call REALITY TV like the Kardashians????)))The logging one is shot righ…[Read more]

Only thing that would destablize or send riots and social anarchy through the US is to cut off aid programs.No EBT cards.No section 8elimate all the other welfare programs.Close the hospitals if your not a US citizen tough luck,,, Just like when I went to a hospital in Canada… they woud see me but I had to let them charge 5k on my credit card.…[Read more]

dansu_20004371 wrote:
Does anyone know more details buying properties in America with SMSF? Things like how to transfer fund from SMSF to America? Do I have to open SMSF account in America as well? How to combine LLC and SMSF to purchase the property? Any good accountant to recommend in this area?

I can refer you to a Wealth management company…[Read more]

mahvi:I fly a Cirrus Sr 22… a 2004 I bought brand new from the factory there in Deluth…. My next plane if the RE gods are good to me will  be will be a TBM 850…. And my health allows me to keep current and on top of it.If I can give you any advice thats worth reading is this:many have come before you with claims of rehabs that were done…[Read more]

Dustep::If your renting in the Hood and buying sub 40k houses in the inner city of  any big city in America, and your intending on knocking on doors to collect rent you better be armed for your own protection… You can buy same price properties out in the suburbs and or little midwestern towns and safety is not as big of a concern.YOu go collect…[Read more]

Curious why would you want to leave OZ and live in the US??? you have a great country great attractions.. Many US folks would want to live your life style,, whats the attraction for an Aussie to come here,,,, I get it with the Mexicans,,, Chinese,, Indians etc.There is a program the EB5, that if you invest  500 to 1 million in a US company…[Read more]

Mihovi,Good point,,, and I am sure the OZ investor does not want to be feed to the lions. Most investors want their investments to be more lamb like than lion like….. At least I think thats true.You should check out the post of the OZ investor that was shot and killed trying to collect rent at one of his rentals in Detroit.Speedy and I have the…[Read more]

Alex,

I think this is a really good point about you exiting the Management business. And demonstrates to the OZ investor that property management unlike in OZ is a very tough business to make sense financially for the PM company,,, Ton’s of work very thankless in a lot of instances putting up with hard to manage tenants and owners that were sold…[Read more]

Living close to the Candadian border… I can always tell when there is a big line of traffic being held up by one car… Almost always a Candadian,,, driving 55klicks instead of 55 mph plus add 15 to 20 to be in the flow of traffic which is basically legal.I drove all over Italy for 3 weeks and was told how wild they drive,,,, We drive just as…[Read more]

viccact wrote:
Hi jay, I'm only new to the site but may be moving to Washington State in the next 6 to 12 months. I would love to seek your advice on property (both buying a home and IP's) if you would be willing to educate a beginner some time.

e mail me at jay@truewholesalehouses.comWashington is a big state where abouts do you plan to…[Read more]

Just go to http://www.bid4assets.com  you will see all sorts of tax sales accross the US… 90% of the properties are bare land though on the western states… Mid west the homes will generally be Ghetto properteis that have been abandoned….though there is always a pearl

tax deed investing is a tried and true model,, and courses have been bandied about for years.takes effort some payoff some never do and you lose your money,,, If its a great house lets say the guys in the know are going to bid that lien down to a very low rate of return.If you do get into a position to own the houses its just not as simple as you…[Read more]

Glad to make the trip Lawys fire up the cirrus… 16 hours to Hilo…. 14 to midway,,, 10 to some other Island then 8 to OZ….I followed my flight instructor ferrying a cirrus over there to OZ and those were his legs and times….. I think I will just hope on the big Q, use my miles to upgrade to business stretch out walk 5 movies and be…[Read more]

paulromeo.oil fracking…mining boomtown lots of activity there…… Same thing in Fort mcmurray Alberta for the tar sands.once the minning is done so is the town…. Not a lot of appeal to living in that part of the world,, other than ranching.good luck with it….I seem to have read somewhere, about this fracking being somewhat contriversial,…[Read more]