Forum Replies Created
Michael,
I have read the blog entries on your site and you seem to be doing a great job so far. One question that others may find of interest is your preference for purchasing in Atlanta? Do the (relatively) high vacancy rates (approx 15% currently) cause you any concern, or do you feel the favourable yields and (any) growth prospects outweigh the risks of holding a vacant property? If you have not checked it out already, the US census site regarding vacancy rates according to states and major metropolitan areas are quite interesting:
http://www.census.gov/hhes/www/housing/hvs/rates/index.htmlI will email you soon for addition to you're email list.
Cheers,
Manuel
Industrie Developments wrote:I have also been contacted directly by about 4 people per day, several each day request my assistance in securing them a good property in the south-western states of the US. I have decided to use my previous experience and expertise to set up a way for this to happen, especially after being disappointed after speaking to most of the buyers agents in the market place to date.
Hi Michael,
I'm not surprsied by the volume of interest you are recieving, the current situation will surely be a great opportunity for those with the available capital and right people assisting them. As my experience in property investment is limited, i will be very interested to hear how you percieve the situation "once on the ground". At the current time I am researching areas in the US that fit my perferences of low cost, high yield, low vacancy and stable (limited negative grwoth forecasts) property.
Cheers,
Manuel
Michael,
Good to see you making some progress over the last few months. With the small amount of research i have done there are definately some hurdles in buying US property. I have been following your blog too and would like to second the usefullness of sites http://www.trulia.com (very useful for researching house price trends) and http://www.buyingpropertyinusa.net. I will be watching your progress with interest.
Manuel
