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Hi Rob,
I may interested
i have several properties on the market and am looking for high yield opportunities.
I would need low doc finance as I took some losses over the last couple of years
I would greatly appreciate further info and may be looking to do something jointly or just pay for your services
Regards
JohnHi
Not sure if relevant but have come across a property fund called ROC 11 The first fund closed early 2011.
The Australian manager is Spire Capital and the USA co behind the fund is Bridge Investment group.They have been around 20 yrs and manage over 14,000 USA rental properties.
The first fund have averaged 26.8% net since 2009.Shares are $US1,000,000 each ($350,000,000 fund) and only available to wholesale (sophisticated )investors.I was thinking if I could get 2 or 3 other people interested we could have an accountant draw up a trust deed and buy a share.
They buy directley from USA Gov bodies and aim to sell the buildings on to superfunds , property trusts etc.All info is on their site.
It is a 6yr committment.
Interested in any comments.
cheers John