John-USA-CommercialRE replied to the topic How to get the right advice part 3 The good and bad about buying in the United States in the forum Overseas Deals 11 years, 8 months ago
I agree Nigel. The term Due Diligence comes to mind very quickly here.
It is just wise and good business to dig into the facts of what people are trying to sell you. Anyone can go on the internet these days and if you want to see good news on an area you can find it; but if you want to see disturbing news on any area you can find that to. But…[Read more]
John-USA-CommercialRE replied to the topic Starting portfolio with next to nothing in the forum Help Needed! 11 years, 8 months ago
Interesting to see the investing strategy across the world is very similar when it comes to investing with no money down or at least with very little.
Even though there are 100% financing available here in the United States, it is not as easy as it sounds. It comes down to knowing the market and taking advice from those who have come and gone…[Read more]
John-USA-CommercialRE replied to the topic 30 properties before 25, finance??? in the forum Hi Richard & Michael, 11 years, 8 months ago
Hi Richard & Michael,
You guys have some great info for everyone. Do you see a lot of investors asking for how a property calculation is done to determine a "break even" point or computing the internal rate of return on an investment?I know here in the United States we don't get the average residential investor looking to understand this as…[Read more]
John-USA-CommercialRE replied to the topic If you want to be a successful investor learn to do due diligence in the forum Help Needed! 11 years, 8 months ago
Regardless of the Investment Team you form always understand the deal.
Performing due diligence can make the difference between starting a career in investing, or watching your savings fall into a money pit. If you know what to look out for, your new apartment complex can generate a steady stream of income that will help secure your retirement.…[Read more]
John-USA-CommercialRE replied to the topic TEXAS VS FLORIDA An Example of different US Property Markets in the forum Overseas Deals 11 years, 8 months ago
Hi Richard,
That is correct. Obviously since the 2007 fall out in the banking system here it became extremely difficult to obtain financing for even the domestic "A" credit people but that is behind us for now.I am literally in the thick of this industry day in and day out and I am seeing more and more leeway with lenders especially in the…[Read more]
John-USA-CommercialRE replied to the topic If you want to be a successful investor in the United States learn to do due diligence in the forum Overseas Deals 11 years, 8 months ago
What is due diligence?
Due diligence is the process of “doing your homework” on the investment property. It is the process of checking, double-checking, and confirming any important information that was used as a basis on determining if the particular property is a good, average, or bad deal. This process takes you on an information-gathering and…[Read more]John-USA-CommercialRE replied to the topic TEXAS VS FLORIDA An Example of different US Property Markets in the forum Overseas Deals 11 years, 8 months ago
242 new homes scheduled to be built in Bradenton, Florida… Why Florida??? Why not!!!
John-USA-CommercialRE replied to the topic How to get the right advice part 3 The good and bad about buying in the United States in the forum Overseas Deals 11 years, 11 months ago
Hi Nigel
How correct you are. There are many places to invest in the United States but one must be careful not to believe just anyone and stay away from the fluff. Depending on the location ad the product type (commercial industry) then a person could net 4-plus % on a McDonalds ground lease or could net 9% on a retail store or shopping…[Read more]John-USA-CommercialRE replied to the topic What I have learned about investing in the United States in the forum Overseas Deals 12 years, 1 month ago
Wow; the unbelievers out there. The LoopNet link below is to an active listing. The listing is marketed as "Make an Offer" however if those who are un believers out there want to see plain and simple facts just email me off line. I will respond with a Confidentiality Agreement for you to execute (this is for the purpose of not disclosing the…[Read more]
John-USA-CommercialRE replied to the topic What I have learned about investing in the United States in the forum Overseas Deals 12 years, 1 month ago
Gentlemen,
Seeing how I partner with Nigel in the Property Know How America; I must side with Nigel and I can certainly back up the returns in question here.
As a Commercial Real Estate Broker for many years and given that fact that I am an agent with Marcus & Millichap; I can confirm with all confidence that the 17%, 20% and 25% net return on…[Read more]
John-USA-CommercialRE replied to the topic Overseas deals topic has gone dead anyone got anything provocative to talk about save how to set up a checking account :) in the forum Overseas Deals 12 years, 1 month ago
zmagen,
I am a Commercial Broker in the Florida market but through my firm I'm able to represent Commercial RE all across the United States. We have a pulse on every market in America; how can I help?John-USA-CommercialRE replied to the topic What I have learned about investing in the United States in the forum Overseas Deals 12 years, 1 month ago
Good update on the market here Nigel. Most markets nationwide have become stabilized and lenders are beginning to open doors again that we have not seen for years. A lot of the debt that was taken on in late 2007 and 2008 is not coming due so the properties that are over leveraged at that time are now finding their way back on the market and we…[Read more]
John-USA-CommercialRE replied to the topic Long Term Investments in the US in the forum Overseas Deals 12 years, 4 months ago
Everyone should take Nigel's advice on this one…Nothing against Detroit or any of the other cities mentioned before hand but be careful and take the time to do your due diligence before spending a dime. Unfortunately there are people in the States and across the globe that are going to scam people with false expectations of real estate in…[Read more]
John-USA-CommercialRE replied to the topic buyers agent called You Invest USA in the forum Overseas Deals 12 years, 4 months ago
I was just checking out there website. I don't want to say anything bad about a company that I know nothing about but typically here in the USA Real Estate firms HAVE to disclose certain info like license #, physical address here in the states, etc. ALways check out the Better Business Bureau in the area you are inquiring on before making a de…[Read more]
John-USA-CommercialRE replied to the topic Who can I trust? in the forum Overseas Deals 12 years, 4 months ago
I agree with Ziv….Though I'm a Real Estate Broker here in Florida I hate to say there are plenty of people out there trying to take advantage of those whom are out of the area.Always do as much due diligence as you can. Here are a couple of website to get you started:For business practices: http://centralflorida.bbb.org/For individual l…[Read more]
John-USA-CommercialRE replied to the topic South East Florida in the forum Overseas Deals 12 years, 4 months ago
Being a Commercial RE Broker in Florida I can certainly attest to the fact that the HOT spots for Florida can vary depending on the type of property you are searching for. For instance; Apartments are simply good all over. Retail is best in the major MSA's like Orlando, Miami, Jacksonville, Tampa. Industrial is good in most places. Rega…[Read more]
John-USA-CommercialRE replied to the topic USA – Where to buy? in the forum Since I reside in Central 12 years, 4 months ago
Since I reside in Central Florida I'm a huge advocate for Central Florida. Speaking from the Commercial RE side which includes Apartments, Retail, Industrial, Office and Hospitality. The volume of properties being sold and inventory availability are signs of this market getting back on its feet. Here are a couple of stories to validate thi…[Read more]
John-USA-CommercialRE replied to the topic buy property overseas with SMSF in the forum Help Needed! 12 years, 6 months ago
Not any lender, but I would need to know more details. Property location, Loan to Value you can afford, property type, income producing or not, credit worthiness, etc…<moderator: delete advertising>
John-USA-CommercialRE replied to the topic The Truth About MY USA Property and Andrew Allan as depicted by 730 report in the forum Where does this person claim 12 years, 6 months ago
Where does this person claim they are working from? I seen reference to Orlando but I never heard of this guy….. I work with a National firm in downtown Orlando myself. Whomever he is and if in fact he lives in Florida; you can verify if he is licensed and or has any complaints against him by visting this website: https://www.myfloridalice…[Read more]
John-USA-CommercialRE replied to the topic Top 5 places to invest in the forum Help Needed! 12 years, 6 months ago
I'm in the United States and investing is great here depending on the income producing product and location. But to answer your question; You may want to reach out to a local guy by the name of Nigel. He is on this site often and has a great insite as to the market there. I've only recently come to know Nigel myself but my first impression is…[Read more]
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