I do not know what will be the outcome of the story when it shows (hopefully tomorrow) but I want to make it very clear my experience about being censored was the same as Speedy above. Without Speedy there would have been no story – I think a lot of people will owe him a lot of thanks.
I wrote on another website (partly in frustration after…[Read more]
My Dad was at school with him. He got caned for something ‘Lawsie’ did.
I did work experience at the ABC in ’84. I was greeted like royalty when I walked in and got sent to a magnificent corner office. I didn’t know what to do so sat there and waited. Someone walked in and the first question they asked was ‘are you related?’ I wasn’t so…[Read more]
Shows the great JC knows as much about the US as I do:) I suppose I could say I am in good company. Or I believe I am in good company – depending on your perspective:)At least I think we could all agree that in both my and JC's opinion the finest piece of machinery ever constructed is the SR-71. Which has nothing whatsoever to do with real estate…[Read more]
One of my favourite US quotes comes from the only person in the entire world who seems to think exactly like me – Jeremy Clarkson.'I am sure, if you live in the mid west and eat grits for breakfast, the USA would be tailor made for you and a truly wonderful place to live. Unfortunately, I do not!'
‘……China’s problem isn’t US consumption but shifting its economy from primarily export orientated to a more internal consumerist model. China has significant structural and debt problems to contend with and isn’t as healthy as many think. Growth is slowing and if China is to successfully restructure its economy into a more…[Read more]
Nothing wrong with Sect 8 – if you have the tools to do the work. Emma171 thrives on it as I am sure many others would. Not my cup of oolong, but please if you venture down this path, give Kyler a call and spend some time with him – he ‘da man who will teach you most:)…
Freckle; I could write a near book on response, but the essence in relation to this subject is that most of these guys are buying property (as Jay has said) for cash.
None of the smart money here is doing anything other than hedging (though few with the space or ability to grow the size of hedge Jay has managed) so you are preaching to the…[Read more]
pc9: Keep asking questions – you are doing the right things. Your question above seems so innocent and so well meaning. In an Aussie sense its normal – But there is no way Kyler could answer it without telling you a lifetime of stories. The market is just soooo different. If you really want to learn the answer I would suggest you travel and meet…[Read more]
kylermrice wrote: Enter a young Kyler on his way to 1000 doors who will relieve them of their worries for pennies in the dollar:)I'm probably one of the youngest investors on here (that is doing well, no comment on the 23 year old with the horror stories in AZ) and I'll gladly keep taking the pennies on the dollar deals.
I would be surprised if new ghettos (maybe a bit harsh) are not created in some of these areas. In the nicest possible way I can put it, some less scrupulous Aussie marketeers (and I don’t think I have come across a ‘scrupulous’ one come to think of it) are totally out of their depth and being taken for a major ride by those in the US who can…[Read more]
Never let it be said we think for ourselves Kyler:) Absolutely no room in this market for contrarian investing. I guess the more familiar a US city is familiar with Aussie foibles the better:)
ATL properties are ‘pretty’ and the place has visual similarities to bits of Oz – people also have a fetish for high headline returns so it fits the bill.…[Read more]
See my post under Foreclosure… To add to a litany of US banking dramas, up to and including foreclosure (not BofA) through the banks error – proven and retracted after 12 months. Accept they are all totally incompetent, do not believe anything they say and get everything you can in writing. Check that the addresses you give them actually print…[Read more]
Buzzer wrote:
Thanks everyone for their replies.I've been in Jax for a few days now and have been having a look around at a few different areas and properties. We're in a condo at the beach, which is a nice laid back area. Carrying on from my previous visits, this country just continues to strike me as one of total contradictions: -There are…[Read more]
worldinvestor wrote:
I know they can close your account if you do not have a minimum of $250 each month.As I mentioned have not had any issues, however will be going to Atlanta in May, will be organising cheque (check) book for each account, friend who recently came back mentioned that this was quite a saga, looks like a couple of hours to sort…[Read more]
On the US banking insanity. I have had the same BofA account since 1998. I have a note owed to me every month and have done for the last 4 years. No auto debit/payments, so there is this guy whose job it is to bank my cheque each month. Physically!! And he does 600 others, each month! Great job:). I just got an email from him saying that BofA have…[Read more]
Or…
Use internet banking and then all those regulations are totally unnecessary. Routing number/Acc number and anything gets paid anywhere in the world in less than 12 hours.