Hi there,I don't even need to open the link to tell you that you will never get an apartment in New York for $2,000, unless it's a burnt out property in Harlem or the Bronx that just has it's foundations left (sarcasm).I should know, I live in Manhatten and we can barely find a one bedroom rental appartment for $2,500/month.I've been reading a lot…[Read more]

Hi there,My advice is to choose one or two markets and really focus on an extensive due diligence process.  If you're an experienced investor, you already know where you want to invest, for those just starting out, choose a house in a city that you would live in.  You may achieve smaller returns, however, there will be significantly less risk an…[Read more]

MrUniqueName wrote:
I’ve been looking at some Detroit properties this morning and am seeing houses for $1,000 – and there’s nothing to say that that’s just the despoit, etc. These homes are in Dearborn which I though was a good suburb based on the above posts. Can house prices really be so low or am I missing something?

I have seen houses…[Read more]

I agree with morpheusbushy, the article only includes data from metro areas. I would like to see the data for outlying suburbs in Miami and Orlando especially. I do know that rents are high in these markets, but I’m willing to bet that there is a high percentage of people who can afford to live in the outlying suburbs.

As an investor in US real estate, I would by lying if my business partners and I had not seriously considered buying property in Detroit. I have a few Australian mates who have invested and are doing ok. However, I live in NYC and have a couple of native Detroit friends who often talk about how dangerous the city is. I know there are nicer…[Read more]

Hi slowachiever,

While the storms in southern U.S. are certainly bad, they have not effected the larger cities in a major way. Despite this, you should always purchase insurance with every property to protect your investment.

-Kevin

Hi Leo,

We generally buy a max of 2-3 properties under one LLC, but this has more to do with our multiple investment partners. Every situation is different and complicated and for these reasons I agree with the post above and recommend you seek legal council.

Cheers,
-Kev

Great stats. Thanks for the post.

Very interesting to see that U.S. property has still increased by 88% since 1991 despite the GFC in 2008. While no one can predict the future, these stats indicate to me that if you invest long term and ride out the crashes, like the 2008 one, your investment still has a good chance of growth.

I wonder what…[Read more]

Hi jclimie,

I agree with a few of the posters here on two vital points. Definitely hedge your bets with Australian real estate and look for U.S. properties with high net yields and low capital outlay.

To answer your question, we are investing U.S. property and our current strategy is to buy and hold properties ranging from $50-$90k with…[Read more]

Hi Investinusgroup,

Per the other posts, your best option would be to get an E2 treaty/ investor visa. Although, it is important to understand that you cannot begin the process of obtaining a green card while on ‘E’ classification visa’s. You can only do this on particular visa’s like the H1b.

If you are investing $500k – $1M in real estate…[Read more]

Hi George,

There are many banks here in the U.S. that allow you to open a bank account via mail and do not require that you be physically present. Unless your particular bank has this specific rule, it would definitely be strange for your agent to do this.

I would express your concern again to your agent and request that it is changed into your…[Read more]