mihovi replied to the topic Andrew Allan and My USA Property in the forum Overseas Deals 12 years, 6 months ago
For those willing to invest in the Detroit area take a look here https://www.propertyinvesting.com/forums/property-investing/overseas-deals/4344313 and see my comments.
mihovi replied to the topic Recommendations for USA all-in-one property managers in the forum Overseas Deals 12 years, 6 months ago
Aussieus, in my opinion you are making a mistake. Vegas is good if you need a vacation property for you and your family. I've got out from an auction in Vegas at $2000 (!) for a very nice property (Foreclosure, 2700 sq.ft, 3 bedroom, very clean, with almost nothing to renovate). Who you gonna' rent it to? People is fleeing out of Vegas, looking…[Read more]
mihovi replied to the topic Recommendations for USA all-in-one property managers in the forum Overseas Deals 12 years, 6 months ago
Atlanta is expensive. You can't get a property with 15-20% cash-flow due to the higher price on properties. Also, the vacancy rate is higher than Detroit's. In some very rare cases, you can get properties at almost the same prices as Detroit in Tennessee (Memphis and Nashville) and Indiana (Indianapolis, Kokomo and Fort Wayne), but it takes a lot…[Read more]
mihovi replied to the topic Recommendations for USA all-in-one property managers in the forum Overseas Deals 12 years, 6 months ago
Hi guys,I'm new on this forum; I just took a look around on different topics and got amazed by the multitude of miss-information or miss-direction of the investors trying to enter into the US real estate market. I'll try to help as much as possible.First, let me introduce myself: my full first name is Ovidiu, but just call me Ovi, as it will be…[Read more]