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  • Profile photo of KurraKurra
    Member
    @kurra
    Join Date: 2004
    Post Count: 19

    Hi there,
    I just would like to say that there is an interesting article regarding US property market in the latest issue of the TIME magazine(june 13,2005).It worth reading.

    good luck investing,
    Kurra[gorgeous]

    Profile photo of KurraKurra
    Member
    @kurra
    Join Date: 2004
    Post Count: 19

    Hi guys,
    Just a quick post to let you know that we had our first forum meeting regarding investment in US on May the 14th.That was really good.Only two people attended, the others parently had other commintments but they will try to attend the next meeting.
    We decided to have a regular meeting at least once a month.The next meeting would be on:
    Saturday ,4th of June
    At City Extra (ph: 96331188)in Parramatta
    At 10:30 AM
    If interested to join and contribute,please PM me.
    Regards,[gorgeous]

    Profile photo of KurraKurra
    Member
    @kurra
    Join Date: 2004
    Post Count: 19

    Hi guys,
    In regard to our meeting on Saturday 14th May,I have found this place in Parramatta:
    City Extra
    301 Church St.Parramatta
    PH: 96331188
    If every body is happy with the venue,please be there between 12:00 to 12:30 on Sat.the 14th May and please PM me so I know how many people are attending.
    Also if there is any other suggestion about any other venue please post it.
    Please also make some suggestion that what we should do or discuss in this meeting.
    I guess that would be more like a social forum and I am sure that would be interesting.

    Regards,[gorgeous]

    Profile photo of KurraKurra
    Member
    @kurra
    Join Date: 2004
    Post Count: 19

    Hi guys,
    I try to find few venues for lunch in Parramatta and I post it within next day or two.So we can start our venture.

    Regards[gorgeous]

    Profile photo of KurraKurra
    Member
    @kurra
    Join Date: 2004
    Post Count: 19

    Hi,
    Lets set a date for the first meeting.How about Saturday 14th of May lunch time.How about parramatta area.Is it central enough?(it is about 20 min. drive from Liverpool)or maybe somebody has a better suggestion.

    Regards,

    Profile photo of KurraKurra
    Member
    @kurra
    Join Date: 2004
    Post Count: 19

    SB-11
    look in Goodna area.So many development is going to happen in that area.
    In response to g7,it seems to me that you do not like to share any info with other investors.If you know something that can heip somebody,you better share it.In fact there is joy in sharing too.
    Regards,

    Profile photo of KurraKurra
    Member
    @kurra
    Join Date: 2004
    Post Count: 19

    I think this is a great idea to meet specially for investors who want to travel to US with similar minded people.I guess if a small group are gradually forming to go,we also need to meet to know each other.So I would support the idea 100%.I am in :)

    Profile photo of KurraKurra
    Member
    @kurra
    Join Date: 2004
    Post Count: 19

    Hi easymoney,
    I love to come to US too.I have suggested the same idea while ago not knowing that you had a similar ideas.I gather that so far 6 or 7 people expressed their interest.Why don’t we go earlier like in June?
    The other thing that concerns me on tope of every thing else is the issue of Lead paints in these properties.This is a huge problem in Buffalo.You can refer to the following site:
    http://www.oag.state.ny.us/environment/lead96.html#introduction
    How do yu think that can affect investing in Buffalo?
    Happy hunting:)
    Kurra

    Profile photo of KurraKurra
    Member
    @kurra
    Join Date: 2004
    Post Count: 19

    Hi Kerwyn,
    Thank you for the information.It seems that US market is quite attractive at present.I will post a note when I buy mine.

    Regards,[gorgeous]

    Profile photo of KurraKurra
    Member
    @kurra
    Join Date: 2004
    Post Count: 19

    Thank you all for the feed back.
    Yes,that was the Sydney seminar that has been organized by Westan ,eventhough, I did not know him personally until that night.The only reason that I did not mention his name,because my question was not directed to him or what he doesin specific.
    I was interested to know if anybody has explored US market and made any sound investment there so I could be encouraged,that is all.
    I do admit that seminar created few questions for me:
    I found few of their properties on MLS listing in US for 1/2 price(so prices in seminar were double????)
    the prices on the properties have not been negotiable.
    the management fees of 12% seems quite high(I don’t know how much is the norm in US to compare)
    not enough information or pictures was supplied.
    It seemed that there was a rush to close the deal very soon otherwise you could have missed out(so there was not enough time or info to think on the deal)
    Saying all that which is my opinion,my question is not about that seminar,it is about your experience in US market whether through Westan or other people.
    I hope I made myseld clear.
    I do appreciate your input.
    Regards,

    Profile photo of KurraKurra
    Member
    @kurra
    Join Date: 2004
    Post Count: 19

    hi,
    I do not know the area but it really depends on how many people are owning the property.If you want the quick result ,I guess selling would be the best option.But if money is not an issue for you guys,then keep the property.

    Regards,[gorgeous]

    Profile photo of KurraKurra
    Member
    @kurra
    Join Date: 2004
    Post Count: 19

    Hi,
    Thank you everybody for your input.I can make up my mind easier now.
    Cheers,

Viewing 12 posts - 1 through 12 (of 12 total)