Emma171 is exactly that.

There is a company based in the Pacific Northwest that makes jets that can do it much faster Jay, you may have heard of them…

Heard the one about the Indian Ocean between LAX and HNL/HTO? Full of Warriors, Seminol, Navajo, Cherokee etc…

I would think if Steve were involved any of you guys should be compensated in some way at least. Anyway -…[Read more]

And on that topic, if I were Steve McKnight I would be inviting Jay, Emma, TXCC, Alex, Cheeves etc for a USA ‘Super Saturday’ or something similar to have ‘experten’ (Luftwaffe speak for ‘real experts’) talk real world issues to real investors…….IMHO it is WAY overdue.

Thing is Jay, we live in a very safe world where tenants rarely wreck property, pay their rent and (generally) aren’t accomplished scammers. It is why Australians get so easily taken. As you saw, rent rolls are the real money behind Australian RE agencies. It is all so very different. Without people like you, Alex, Kyler TX CC, Cheeves, Emma etc…[Read more]

Jay – great post (response to me). You are one of the VERY few guys from the US that has taken the time to understand how nice and easy the Aus market is. TOTALLY different on almost any level imaginable. Gotta go, but thanks for the details….

My issue with the LLC model is not with professionals – it is with these quasi legal foreigners that…[Read more]

As usual: What Jay said:)

Maybe you get a return selling your foreclosure to these guys:

Greening Foreclosures: Buy a Home in Detroit for $40

One day it may be a nice place to live again – although I shouldn’t really comment as I haven’t been there*, however I saw a couple of fascinating docco’s on…[Read more]

Qualified isn’t perfect, but it is a start – and there is a legal recourse (of sorts).

I would rather buy from a legal crook than an illegal one:)

Except this guy buys from wholesalers – and doesnt care what he gets.

Licenced? Qualified? If you don’t even need to be competent why would you bother with anything that would require hard work? I would be very surprised if he is even in the US on anything other than a tourist Visa.

If you are in the area, check out his office at 201 N Magnolia (at least it was very recently). It might be interesting to have a…[Read more]

No need to rush Gavin, all in your good time. I was just trying to get the investment picture that you were 'sold' in a nuts and bolts form. On paper, your Andrew Allan deal looks good so far and you also had a great personal recommendation from someone you respected – just like 99.99% of Bernie Madoff's clients.I think it is important people se…[Read more]

Quickchick,Nor do I have any interest in a public slanging match with yet another USproperty company as I have been quite busy enough trying to help people see some of the more obvious scams for exactly what they are.I congratulate you on getting an E2, it puts you a long way above most other operators, but the facts as they seem to be are that…[Read more]

Sorry to nit-pick Gavin, but:Youngstown $12,000 with $6500 to renovate = $18,500Detroit $27,000 with $8000 to renovate = $35,000$39,000 worth of property and $14,500 worth of repairs.What rental were you led to believe you would get once reno's completed? I believe Youngstown was a 4u? and Detroit was SFR?How long were the reno's going to take?Was…[Read more]

OK Gavin:You paid $31,000 for Detroit – a single family home?$18,500 for Youngstown – I believe a 4u?$13,000 for 'sourcing' and 'service'.US$62,000 in total. I think you said you sent over $75,000AUD (average about .83 on the exchange) either to MyUSA or Andrew Allan directly? So it looks like a bit of money made on the exchange rate – not much, b…[Read more]

Deano, without wishing to distract from either Richard's thread or  what you say (and it isn't really wrong, though I am with Ziv and Emma 100%) we could have ALL been caught in the beginning. Richard is very brave, he must have been one of the first few to be caught and went out and found good people to help him solve a major problem – yes he wa…[Read more]

I note with interest the subject line has been changed.It may well do to read what Gavin has to say, because myself, Emma, my US agent and the legal arm of the ABC agree with Gavin that this was an appalling text book scam. Whilst I can understand you wishing to delete words like 'scam' under threat, let me assure you and anyone reading this that…[Read more]

quickchick wrote:
We are not so arrogant as to think we are area experts after 1 month! Ruth.propertyinvestingusa.com 

So why in gods name are you attempting to flog your lack of experience to others? This is exactly the type of operation that makes me very nervous. I used to be open minded until I saw first hand exactly how this can end in t…[Read more]

And your last paragraph Steve was exactly why we persisted so long to get the story told. You could not have done better with your research. An you did it without joining fees, VIP tours, Inventory inspections, in house finance and all the other accoutrements designed to trap the ‘astute invetsor’.

Well Done!!

This information is gold for people. Obviously I have some knowledge (though far from detailed) of what is going to be explained to people now and I think many will be shocked. I couldn’t believe some of the things that were done to Gavin – I’m sure you won’t either.

Gavin deserves a lot of support from everyone for attempting to help other…[Read more]

I have been privately ‘spruiking’ US property to my friends for 10+ years. They weren’t interested, now they want ‘bargains’ and have almost all bought through Emma but no one has even bothered to contact my broker in LA (Marty Stone). I use $100k to buy an $800k building, most seem to prefer to buy 2 $50k foreclosures for $100k.

It isn’t easy…[Read more]