I’m pretty sure that non resident aliens cannot efile.

Quite often an ITIN can be substituted for a SSN.

I’ve listened to him on the podcast called “Real Estate Talk” He appears to know his stuff.

Lachlan McPherson is now here http://casacapitalgroup.com/

David, How did you file the BE-15 ? Did you mail it or were you able to e-file ?

Ben, U.S. Invest were hounding me too. I never went with them because they gave me a bad vibe, very pushy :( Sorry to hear you got burnt by the scumbags.

Thanks Ben & Nigel for the responses:)
Ben, it’s not a proposed investment. I bought a house in Ohio about 14 months ago, and just recently bought a block of 7 units (also in Ohio). I have found a great U.S. based tax specialist (E.A.) whos’ been great. The Aussie “Investment Group” have advised to file a BE-15 Claim for Exemption.
From my own…[Read more]

Based on the figures you’ve given I came up with the following
Gross – 21.7%
Net – 15.1%
Net Cashflow – $4,544 pa
I based this on insurance of $500 and annual maintenance of $500, not having to pay a property manager also helps the bottom line a little.
These figures are very similar to a property I bought in the U.S.A.
GRM – 4.6
DSCR (I/O) -…[Read more]

You most certainly CAN get a separate electrical supply for a granny flat, you don’t need to subdivide.
1. Apply for an NMI for the new residence from an energy retailer eg. Origin
2. Apply for a “permission to connect” from whoever controls the poles & wires eg. Endeavour Energy.
3. Done

Hi David,
try out http://www.coannahfinancial.org/
Her name is Tammy Kemp, she is an EA. I found her to be very helpful, knowledgeable and most of all patient with my one million questions.

Regards
Laurie

Please see my post in “Overseas Deals” regarding unit block purchase.

Your blood supply has stopped flowing and gangrene is setting in.

Futility is continuing to do the same thing and expecting a different result. Your system has led you to a brick wall yet you continue to defend it. Looks like your need to be right is damaging your ability to grow. So what’s the plan now, sit back and wait for all your negatively…[Read more]

Your blood supply has stopped flowing and gangrene is setting in.

Futility is continuing to do the same thing and expecting a different result. Your system has led you to a brick wall yet you continue to defend it. Looks like your need to be right is damaging your ability to grow. So what’s the plan now, sit back and wait for all your negatively…[Read more]

You really need to stop thinking about equity and capital growth properties until you get your cash flow sorted, that will get you back in the game.
If you have significant equity in a property then perhaps consider selling it and getting something that’s Very positively geared, think granny flats or U.S. property or even commercial property.…[Read more]

You really need to stop thinking about equity and capital growth properties until you get your cash flow sorted, that will get you back in the game.
If you have significant equity in a property then perhaps consider selling it and getting something that’s Very positively geared, think granny flats or U.S. property or even commercial property.…[Read more]

I’d recommend Pretti at Green Valley, they’re very pro landlord and efficient with inspections etc.

I found Tammy from coannahfinancial.org to be very knowledgable and helpful

Do you have a risk management strategy?
Putting al your eggs into the one basket can lead to a whole world of pain, I’m sue a lot of investors who put everything into the high yield North Dakota market are feeling a bit queasy right now.

Invest with your head.

I sent you a pm lotte74, I may be interested.