quickchickWhat I am talking about is an alternative to selling for cash and loosing 50 70 95% of your investment which is what will happen when you unfortunate enough to have bought in a really rough market, unless you can find another unsuspecting out of state or area investor the locals will know its true as is valueThere is a whole scheme that…[Read more]

Cheeves we can share war stories. Although mine were a little more personal as I was loaning my own money. And rely on the rate and term refi to take out our hard money loan.My apithony came as I was on a cruise ship in the mediterranian listing to US BBC… And thinking <moderator: delete language> we are in trouble.As I owned the company and…[Read more]

Good job both of you, with the key note:   Job   its a job to search these out and pick the right properties.whats so foriegn to the US investor is there are far a few US investors who could possibly get enough time away from work to travel accross the globe mulitple times, spend the time on the ground and do all that needs to be done to be suc…[Read more]

Gotten private e mails a plenty, and have been referring them to folks in the select markets that I know and have vetted and will help them through these.Especially Detroit I have great contacts there although some properties are beyond salvage. But most can be turned around with no further cost and generate a little bit of cash flow.And take the…[Read more]

Probably the banks selling their own inventory would be my guess.and a smart move for the banks in my mind the Aussie investor with 20% or more down is a better credit risk than a nothing down US owner occ. Dual sources of repayment… One rent  two investor.

Stu,I think Portland in the next 20 years will be like many Metro plex's its too big to think that all development has to happen in downtown. Like Kruse way has taken commercial.Its better to have housing closer to the Jobs and Washington county Hillsboro is the Silicon Forest, There is no physical room in or close to downtown to accomodate any…[Read more]

Alex SC wrote:
Hey Guys just FYI not selling here  but we do order C L 100 ( termite letter )per property and inspections reports. This is a no brainer. Make sure who ever, or where ever you buy this is included.If someone is not willing to provide either one of these..that should raise a big question mark.Again this is not rocket science but…[Read more]

GreaterKCHomes wrote:

jayhinrichs wrote:
The absolutly most risky US real estate investment is the Super high cap rate multi family properties in the bigger mid west cities of the US.— I don't know that I would neccesairly agree with this statement. The midwest is the best area to invest if you are looking for cash flow, always has been and…[Read more]

BuyLandOnLine wrote:
Thank-you John. Like most things, if your good at something it is easier. When I was an educator and counselor working with gang effected teenagers it was easy to get up for work and easy to feel good about what I did, the work…well, it was never easy but most of my college educated friends thought the job seemed…[Read more]

Lawsjs,Its is Ironic, if you think about a sub prime situation were the borrower lost the house ( of course we have to remember the sub prime borrower 99% of the time) had NO CASH into the house and just made payments.The sub prime preditor lender ends up with the houseSub prime borrower is now in the rental pool for the next 5 to7 years.Sub prime…[Read more]

jayhinrichs wrote:

Nigel Kibel wrote:
Some markets in the United States are still falling. For instance Phoenex has fallen at least 8% and is expected to fall another 8% in the next 12 months, Atlanta 9.8%and Los Vegas 6.4%. Now there is a view that what does down has to come back up. In some cases I disagree. For instance Detroit prices are…[Read more]

Nigel Kibel wrote:
Some markets in the United States are still falling. For instance Phoenex has fallen at least 8% and is expected to fall another 8% in the next 12 months, Atlanta 9.8%and Los Vegas 6.4%. Now there is a view that what does down has to come back up. In some cases I disagree. For instance Detroit prices are 30% less than they…[Read more]

Stu good points vis a vi PDX land development politics.I would agree that any property that is not targeting for future development like my property is in the catagory you describe.Last April Portland Metro and the state ratifed the 50 year and 100 year Urban reserves and Rural Reserves. The Urban Reserves are ear marked for development starting…[Read more]

Red flag goes up for me in Atlanta when you hear of companies saying that they have the properties rented in a week or have a waiting list.Anyone can do that. However you will take a huge risk in placing a bad tenant. So this investor just lost one year or more of any kind of return if you look at the numbers. and deduct non performing asset wi…[Read more]

Stu. Property is. http://Www.americanrealestateinvesting.com

5.5 mil option price. We are looking for a few equity partners. This property will sell north of 30 million in 5 to 7 years

Let me know what you think

what specifically do you put in your reports and what typically do you charge.I would think this could be very cheap insurance.And a way to get a second opinion prior to settling on a property.I was thinking about doing something like this, More on a Metro perspective. Take anyone of the popular metro areas and dissect them into Green yellow and…[Read more]

whats needed is a fully amortized product, Where 100% of the cash flow pays off the property, then the borrower has a free and clear property with no balloon payment. They do not get cash flow up front and may be negative but pay of the property very quickly.  This is what most US investors do

beware the balloon payments have a clear exit before entering,Alex and I both went through some troubling time when refi's did not happen.You will have lenders in the states that will "Loan to OWN" another words they hope you can't pay them off they then foreclose and your wiped out.I was at a meeting to day IN SF and the Chineese agent was all…[Read more]

do you take outside land deals for your web site I have 1 here in PDX and one in Atlanta I would like you to look at

From my point of view, texas has no real up side as market remains level, and if you can get the same rents on a house in other markets that got crushed and the entry point is 50% of texas, seems to me that if you had a hiccup in texas, which when Oil is down so it Texas the market has peaked and you risk some pretty good deflation, Where as other…[Read more]