All anyone has to do is google me in the US… I am proud of my pedigree

Best
JLH

Data point.

I just popped on Realty Moguls website and they are currently raising money for a mobile home park.. experienced operator 7500 plus pads 18th largest in the US… they are raising 500k in 50k blocks and their estimates are a 16 to 18% return.

this crowdfunding is really taking off in the US. I will post about it in a separate post…[Read more]

Ok whoa everyone I got a little carried away and I apologize.. Nigel’s partners post just struck me wrong, I am not commenting on the Merrits of any investments anyone makes other than Nigel and I have also come from the same place we both think low end ghetto Detroit type properties are not appropriate for out of area investors and or out of…[Read more]

John,,, I assume your Nigel’s US partner.

I have to take you to task on this one… For one I know the AU investor has been subject to buying IP that were SFR’s from Turn Key providers. Nigel being one of them… And there was this thought process that these companies had this super secret no one else knows about inventory that they could buy at…[Read more]

Engelo Ivan

I have no dog in this hunt…. Engelo I am going to put you on the spot here… a 13k home by definition in the US is usually not a strong B class asset LOL….

does not mean its a bad deal however I think anyone who has read anything I have written over he last years knows my stance on these types of properties.

Engelo I have a…[Read more]

the last foreclosure auction I attended in Atlanta there were Chinese bidders spending a lot of money on homes. We snuck a few out that day but then it just got crazy and we exited the market entirely.. Sold all our homes to a hedge fund…

@redwood…. Is it just as dead on the other Aussie site sommer something? that site was even more user unfriendly than this site.

the average investor is just not signing in and conversing anymore. Just those in the bizz…

Ziv,,,,, I think the play in the US has gone to value add.. as opposed to buy and hold.

I don’t know anything about Japan other than one of my business partners is Japanese and her brother is a major developer in Tokyo in fact his company is listed on the front page of the Tokyo stock exchange ( which is a big deal I hear) I know its a billion…[Read more]

Great find with getting a local portfolio lender to lend on SFR non owner occ properties… Its been a long time coming.

For me I do a little non recourse lending in Atl and Orlando, Mainly US IRA buyers and a few Aussie and Malaysians.

As well as build new homes in the Portland metro area.. However my background is hard money lending in…[Read more]

My giants just beat up on the tribe this week Ouch

HI John,

What markets are you in over here in the US… are you selling SFR’s or more sophisticated type investments.

Agree with you the people on the ground in the US will make or break an investment

Zmagen  I love the shiny object metaphor … And yes if I look back at my 35 years  of doing real estate and through 3 distinct booms and busts here in the US.. with the 08 crash one of epic proportions. I have always moved to the next shiny object.
What I have done vis a vi clients is I have moved to working with fewer clients and give lar…[Read more]

Nigel I here ya on the Ghetto buys that people made and agree 1000%…… when you were in Texas I was in Atlanta.. and we had these same discussion what was better invest in a market that got hammered or one that trundled along.. As it turned out we did far better in Atlanta than anyone buying at the same time did in Texas.. Although to be fair…[Read more]

Long John… I have always had problems with this site… spell check would not work.. What specifically are you alluding to if you don’t mind sharing.  ( I know see that spell check is auto  and is working that should make me look better)
this was a very vigorous site and very active a few years Ago I was just assuming that the AU investor ha…[Read more]

Ziv  whats Up??  this forum has died if you have not noticed.  maybe we can resurrect it

Engelo  ,,, I am booked through July and as Toledo is not on the top of my vacation hot spots I will in all likely hood make it there in the fall ( oct Nov when our summer here is done.)  I like Columbus Ohio very much.. I have never been to Toledo.. Although one of the Aircraft brokers that sold one of my airplanes is located there.
 
 

Sorry Nigel my point I tried to make is  that given the amount of traffic and exciting banter that was on this site 2 years ago it has completely died except for you me frekle  and Engelo.. And its not just the AU companies that have slowed down.. those selling US cash flow homes are not doing hardly any business right now… I was funding 5 to…[Read more]

Nigel,,,, Its very evident that the AU investor has totally turned off buying the in the US>.. based on this site as a barometer … With Hedge funds scooping up the deals and happy with 6% returns… The AU dollar low against the US dollar.. looks like the run on US properties is over for now.
I doubt 10 people in AU even look at these post…[Read more]

Nice to see some conversation with regard to the US market… From my perspective STream line hit it on the head.. returns were advertsed Aussie relied on them they did not materialize and you had upset folks.

From a US Dude what I saw was a huge amount of aussies coming to the US with absolutly no clue as to the Socio demographic of our…[Read more]

Nigel  its seems that the Aussies have turned off on buying US properties….. bAsed on the traffic on this site from what it used to be and what it is now.. If we corralated that to purchases in the US I would suspect that bizz for those selling Aussies US property is off by 50 to 80% of what it was a few years back.. Have you seen that in the…[Read more]