Memphis, Florida and Atlanta are my preferred options.Good luck

Hi there,I have manged to get 3 loans in the US in the last 6 months all based off my Australian credentials, but with US banks.In Memphis I have two $25k loans – 50% LVR. 7 years P&I at 8.75%.  Still well  positive cashflow after all expenses.  Process was pretty painless.Florida was a bit trickier and they wanted lots of documentation, but ma…[Read more]

Adam,Where are you based?  I do know of a good one coming up, but it is in Melbourne.  Less of a seminar and more of a private info session for serious property investors.  Some US folk are flying in.CheersMark

A Scott-Power wrote:
As an Australian citizen, I have heard that Banks here don`t lend for offshore investments, & what are the tax ramafacations on my income.Regards: Andrew

Hi Andrew,You can get loans from US banks as an Australian as an option to consider. I have 3 US properties with loans You have to lodge a US tax return but you get a tax…[Read more]

Hi Linar,I would go direct to a conveyancer in QLD to make sure that you get the right answer on this one.From the property I did in QLD, I seem to remember that there was a cooling off period of 5 days.http://www.quicklaw.com.au/legalinformation/convey_qld/2c_cooling.aspI use and/or nominee on all my contracts in all states to give me the…[Read more]

I would always support the view to get well educated and have read heaps of books and also completed course.  There seems to be a negative view on course in this thread, but they do offer something different to books; you need to choose the right one though and they can be pricey,In terms of your questions, I would go residential in the first…[Read more]

no worries.  If you need more ideas then let me know as I have a bookshelf full of property tbooks!!

Hi thereChris Gray has a recent book out "Your empire" which is a good read.In terms of principles, alot of books will stand the test of time.  However if you want to be across the market then the best way is to get access to experts who are on the ground and in the know.CheersMark

Hi there,It is a little tricky and i struggled to find good courses in the beginning of my own property journey, hence why I eventually built my own for other people!The following website has some other optionshttp://www.propertyinvestmentcourses.com.au/I have personally done Hans Jakobi which was okay but pretty $$$s and somewhat biased to a…[Read more]

Hi Andrew,I will take a step back and give you some overarching thoughts on the stages on getting into property investment.1) Make sure you are clear on your own personal situation including goals, risk profile, lifestyle requirements etc2) Increase your level of education on property so that you understand all the concepts3) Build a good team of…[Read more]

Hi Matt,I went to one of their seminars and seemed okay.  I subscribed to their property deal list, which gives you access to the deals they have, but I find it difficult to assess the deals from this, so the only other option was to join their mentoring program which was reasonably $$.Most of the deals seem to be regional deals at the time I was…[Read more]

A lot of interesting comments on this topic…Personally I spread my lenders.Secondly, I apply my golden rules for building my personal property team which is:1) Are they property investors themselves2) Do they conduct business in the right way3) Are they aligned and have pesronal experience with my property strategyYou can quickly suss out the…[Read more]

Hi Ms Trump,Pretty much the number one question that everyone asks, and "experts" often back a philsophy and then stick with this line as the best (and only sensible way forward).On a pure numbers basis, a high capital growth, low rental yield will over time perform better than a low capital growth, high rental yield property.  But cash flow is…[Read more]

Hi JR,Thought I would throw my two cents in as your journey so far is sending you down a few garden paths (very typical unfortunately).  Especially in the early stages, you need to very careful who you speak with and in what sequence.Think carefully about their people's agendas as this will impact directly on the advice you get!Financial Planners…[Read more]

Concur with the above.  For many people the block is a belief issue around getting into more debt and the belief that more debt is bad and less debt is good.It would be best to have your wife's support so if you do go ahead, try and align both of you in terms of how property investing and leverage works to build wealth

How can i get access to the equity in my house? The process is relatively straightforward; any mortgage broker would be able to guide you.  I am sure they would be happy to help you!  80% of the current value (i.e. 68K in your case) would be a typical amount, but check with teh broker as it will depend on your situation.Which financial i…[Read more]

Hi Bacon,You probably need to be a little more specific with your questions to get good responses.When considering your options for investing in property, you should take into account not only your personal behaviors and interests but also the type of business model that you want to get involved in.  Here are some key questions:How much initial…[Read more]

Hi there,A fellow investor uses this strategy very successfully to date with students, and is achieving yields of 12% to 13% in a typically 4 to 5% yield area.The downside is the time involved.  He would be personally spending 5 to 6 hours a week across 3 properties to make it happen.  You are unlikley to get property managers to do it for you.CheersMark

Hi Sam,I  would concur with the duckster's view.  I prefer investing in small boutique blocks in terms of apartments or townhouses.  Personally, serviced apartments are not an investment choice The article below will probably answer most of your questions and save me some time helping yo…[Read more]

Hi wealthyivd,Most of the views so far have covered it for you.  With good investments, "time in the market" will help you have the ability to build your property portfolio.  Alongside this there are two primary strategies:1) Capital growth and then refinace – Chris Gray / Michael Yardley strategy- Property goes up in value- Property is ref…[Read more]