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

Martha

Hey Tassie

Thanks for your response. I went and read through the other thread you posted … bit of an interesting journey there

I have to be a bit careful what I post, because the US has very strict laws with regard to syndicates and so on buying property, and also with regard to specific offers or suggestions of returns, etc.

So, speaking just *personally* – I am looking for positive cashflow deals on apartment complexes with 100+ units in the complex, with at least 10% cash-on-cash return, in cities where net domestic migration is positive, job market is strong and diverse, city government is aggressively building the economy, fairly stable employment; and sub markets that are predominantly blue collar, low crime, good access to transport; complexes that are not too "distressed", but with scope for improvement to optimise the capital investment through building works/beautification and decreasing vacancies. In most cases it will probably be structured through an LLC; managed by professional property management company; probably around a 5 year investment, with exit strategies of hold, for cashflow, or refinance to buy out investors. My personal strategy is buy and hold for cashflow… I am not so interested in capital gains, I want a regular income. I am also very interested in the development of a sense of communities in the complexes … so it really feels like "home" for those who live there.

Those who invest from the USA will probably need to be "accredited investors" with investment amounts of $25k or something. I am not sure what the situation is with syndication in Australia.

Anyway, at this stage I am just trying to get a list of people who find this sort of thing interesting, so that I can forward the specifics of deals to those people. It is not legal to advertise these deals publically, so I am unable to get too specific in a public forum like this.

I hope that goes some way to answering your questions?