There is the Brisbane Property Network in Hawthorne http://www.meetup.com/brisbanepropertygroup/.I would be interested in anything else happening too.Martha

Oh, and in simple terms… a 1031 exchange is when the capital gains profits from one property are used to purchase another property. There are restrictions… you have to nominate the properties you will purchase by certain days, and then settle purchases by certain days, and if you stuff up you lose the tax exemption, but it isn't too…[Read more]

The opportunities are certainly there in the USA. The example given by Vincent is not unusual, and certainly possible *IF* you do sufficient research. I am using an US Business Law Attorney, and they have been extremely helpful.Also, Delaware is a good state to set up in, but my attorney is suggesting Wyoming (cheapest and still strong protection)…[Read more]

Klimmy, your account isn't accepting emails – can you send me your details please?

No worries guys, I will PM

No worries .. will be in touch soon.Martha

Yes, its a great state to invest in – lots of positive energy there. Lots of opportunities.

JamesI think the issue is that if you have an LLC that is newly established, then you don't have a credit rating. However, this can be gotten around, if you are a bit creative. For a start, if you are 90% sure you will invest there, set up your LLC and get "trading" … that will help. Then when you are ready to go ahead, you will find it more…[Read more]

I have sent you a PM, NHG. (LOL; now I feel lke I mst go 2 txt mode – but I'm not text savvy enough 2 do it!)

Hey Liv .. yeah forums are a great source of info and leads.Ok… well, two things worth thinking about… one is capital gains tax, which is very high, so don't forget if you are going to buy and sell (which is really trading), then you have to take into account the dint that tax will make.The second is, what exactly are you going to do to value…[Read more]

The interest on your own home is not tax deductible … the interest on investment is. Paying off your own home will save you interest that has no benefits.If you can get cashflowing investments that pay a higher cash-on-cash return than the interest on your home … then it starts to get interesting

Hey TimThere is quite an active Property Investing group here in Brisbane – you can see some of the members at http://www.meetup.com/brisbanepropertygroup/ and probably get in touch that way too.Martha

Hi Liv … we met on my other thread I would say, as Ryan suggested, get a little clearer on your goals. Then these sorts of questions become easier to answer.For example, my aim is to become financially "secure" in the next three years. I have defined what that meant for me … car value, house value, clothes, living, holidays .. etc. And put a…[Read more]

No worries Olivia, will email.Slowly coming together

Yes, Australians, be very very cautious.There are ways of buying without going to the states … ring a property management company and say you are considering purchasing, will need a property management company, and ask them to check out the property, taking photos. If you go ahead and sign a contract, make sure it is pending due diligence – then…[Read more]

Hi Corey (like the "no the relation to" and Matt – I will PM and email respectively Martha

No problems, Mick. I will add you onto my email list. Martha

Hi MickThe structure of the LLCs will vary from opportunity to opportunity, and likewise the number of shares on offer, and purchasing more than one share will not be a problem. Investment per share will also vary according to opportunity. It is likely that the offer will be made to "Accredited Investors" as defined by the USA SEC.I anticipate…[Read more]

Hi Dick – I will email you.Martha

Hi Steve, Good to hear from you. I will send you a private message.Martha