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hey jelovea,
One of my friends has done the course and i have personally watched Carly's dvd set and seen all the information you get at her courses and here is the thing. It's worth every penny and more with the proviso that you actually follow the strategies, just bite your tongue and do it. There are too many people out there that just study and study and spend good money on their 6th course that they could have put as a deposit on a deal. Also, Carly is kind of like the "brand name" education at the moment meaning you're also paying for the name.
I have personally just signed up for a 7 month property development/ investing mentoring course here in Queensland for $6k.
If you use it, it will all be worth it.
by the way, i would personally have an option contract written up each time if it is only $500 per time as was mentioned above. Otherwise see if you can have a generic one made up that you can fill in certain blanks such as time frame / option fee / right to DA approvals and such and have a lawyer show you how you can modify it your self each time. may be 700 for the time but at least it will be right each time.
Ciao
Hi RickH and everyone,
Thank you for the contact, i will contact Tony shortly and have a chat with him regarding possibilities.
It's great to see so many people investing in Kansas City first of all. The city i believe is a truly stable economy, it's stability is due to a few different circumstances.
1. It is home to as mjcantrall said to a few of the fortune 500 companies and also Hallmark (which is not seen as a F500 cause it is privately owned by the Hallmark family)
2. The city is a family friendly city, focusing on lifestyle and entertainment having just spent i believe over 4 billion dollars in city upgrades of which a large chunk went into the entertainment district. Funnily enough it's also known as the BBQ capital of America(how very Australian) and it also has second only to Rome, more working fountains than any other city in the world.
3. It is often seen as the logistics hub of America, one reason that KC is such a stable economy is that not only does it have it's own business and economy but it caters as a logistical center for transport from East to West, North to South shipping product all over the country and is being upgraded with a new highway to introduce more flow through business from Texas. This and the so called Super Corridor system from Canada to Mexico is being built right through KC so over the years KC is only going to grow larger and larger due to this. check out http://www.kcsmartport.com/and have a look at their video on KC and it's future.There is a great rental demand in Kansas City due to the fact that no one can borrow money and banks especially don't write loans for under 100k cause they don't see it as financially worthwhile whilst KC properties are often under $60k making nearly half the population there a renter by default unless they have cashed up.
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Ok back onto Kansas City Missouri. From an investors point of view Kansas city prices are fantastic because they are widely under marketed at the moment for the size of the city. Living costs in KC at this point in time are 20% below the US average giving them room to grow where as many other places where very overpriced such as Florida and Nevada in my eyes and so i doubt will reach the highs they had a few years back for many years. Where as prices in Kansas City are from my point of view more inclined to experience a steady rise year after year because of the cities growth and the stable local economy.
As mentioned, Kansas City is not the boom/bust type of market, it is a trading business central which gives it slow but steady annual growth bursting with real value, not empty ballooning prices like in other areas of the US.
RickH wrote:Hi All,New to this forum, but my wife and I are currently going through the process of purchasing 3 properties through Tony and My USA Property. So far it seems a good process. Moves along quickly and they use some outsourced companies that I know and trust which instills more confidence.
The properties we have deposits on are in Kansas City M with net returns (prior to any loan repayments) of between 16-21%. All have been "rehabbed" and ready for tennents( one already has tennent in place). So far I have found My USA Properties to be easy to deal with and have answered all our questions.Hi Rick,
would you be able to give me your My USA Property contacts name? My dad is in Kansas City Missouri and has a property management/reno/acquisitions company and is looking for Australian representation to sell some of his own stock. Would like to talk to some one in My USA Property and see who takes care of stock/acquisitions. Do you know? Returns sound about the same and i think my dad is even concidering partial seller finance which might sway my US Prop….
Thanks in advance!
