I am glad you are doing good. Good luck with the loan! I am doing good. I am thinking about investing in apartment properties in America, but I have not decided yet. I am trying to consider all risk before I make this big decision. 

I would never buy such houses in the US. Most of them are in terrible neighborhoods, where any outsider would be scared to get out of a car. This type of investment is definitely not for me.

Nigel, I agree with you on the American market. Buying apartment complexes there will definitely make big money. A lot of foreclosures happening there right now, which means that more people move to apartments.

Thank you ALF 1 for the optimistic thread. I also do not believe that Australia property market will have the same fate as the US property market. You mentioned valid indicators for the US. Fortunately, for us it is not as bad here in Australia But I still read a lot of articles stating otherwise. According to them the Australian property prices are set for further annual fall.  Do you believe it is any possible ways for the US property market to recover faster?

I believe it is hard to save because most people do not know how to save, unfortunately. It does not matter if you have a good job or not. It is all about discipline and buying things that you need not the ones you want. Additionally, it is important to know how to invest properly. Right and smart investing will soon lead to a financial independence. 

I do not think you will be able to open a bank account in any American bank without coming to a bank branch. Or if you have any American bank branches in your city, you can just simply go there to open an account. Major American banks such as Bank of America, Chase and etc. have international locations in many countries. If you decide to open an account when you arrive to Las Vegas, you will probably need to have your Australian passport, visa and the proof of your current American address (any bill will work in this case).

David, What were some of the most important things that you actually learned from the course?

hey rsubax72,

Since you're wondering about what to keep in mind when buying a home, I think this article can help you.

I especially like this quote from the article:

"I realised that if I ever wanted to realise a dream, a dream of owning my own home, living where I wanted to live and no longer paying other peoples mortgages while I sat on the fence, I would have to make a decision.

My decision was to view property in a new light. I would look at my home as a pleasure of living, an investment second (whilst doing the best I could to ensure I didn’t make a bad investment)."

Offset allows for greater flexibility when you need to use the funds since they are just sitting in the bank and can therefore be used to pay off your taxes when PPOR is converted to IP in future. I would advise you to go for the offset of the PPOR because it helps in reducing the interest charged on the loan. you might get more help on loans at this link http://www.bigpondmoney.com.au/credit-loans

Hi, this looks like a great deal though the way to the place seems like a bit of a hustle. I wish you all the best. Follow this link for more on the low price deals. http://www.bigpondmoney.com.au/the-art-of-the-low-offer