RickH wrote:
Each to their own ….as long as you are happy with the results thats what matters

Exactly.  I had every intention of doing it on my own – the administration effort ALONE made me want to look for help, not every buyers agent is bad, you just have to be careful and do your research.  Even after I decided to use a turnkey company, I…[Read more]

I don’t think that all buyers agents are necessarily bad as it does require a significant amount of time and effort to purchase overseas, I do think from what I have heard and read that there are definitely much better alternatives than my USA property.

speedy gonzales wrote:
Hi Rodger,US Property Sales Australia is the newly created remnants of MyUSAProperty. My suggestion is to stay right away from these guys…..<moderator: delete personal comment> PM me if you want more information <edit>. As for the other companies you listed….just a couple of more so called "experts" on US property. A…[Read more]

Winterose wrote:
Try Xilo, they are affiliated with Westpac, but call and speak to them first toget your info because they are a pain to set up.

Their website scares me too much

RickH wrote:
Congrats on your purchase… a long and winding road huh !Where did you buy ? Did you do it yourself or with buyers agent assistance ?Look forward to hearing how it all goes All the best and well done !!

I bought in Dallas, Texas. I used a sort of unorthodox method using a combination of a realtor and a turn-key investment company…[Read more]

jayhinrichs wrote:
Thank you for posting reality I have been preaching 7 to 10% NET returns and I know this is a fact. But have basically been Booed off this forum. Lots  of day dreamers there in OZ

That is sad to hear!  I agree, many people have wayyyy over-the-top expectations about nett returns – most don't take in to account vacancy rates a…[Read more]

Thank you – I think direct transfer through OzForex is the best way to go in the future…

New article from CNBC if you are thinking about Texas, talking about Rick Perry, job creation, booming oil business… http://www.cnbc.com/id/44155708

An older (1 year) article talking about tighter lending restrictions in Texas and how they largely avoided the exponential growth and then sudden collapse of its housing market……[Read more]

Yeah looks like the US is about to drop on open in a couple of hours, I might look at buying some more in the next day or so as well.

Perthgurl65 wrote:
Arrrghhh … you mean I have to do my OWN ??? lolActually, I have already begun and San Antonio is where my heart is )))Marg

Great, share your research!

Sorry, don’t have any.

Thanks Andrian, I am yet to head over to make my purchase(s) but will definitely keep you updated on any results, information, contacts etc. that I come across.Craig, I don't have your agents details in Atlanta, would you be able to PM me with them and I will make contact?Cheers!

Thanks Michael!

“Buyer is also responsible for all back owed taxes, assessments, liens, or encumbrances.”

There is probably $40,000 owing on the place! Also, with no inside pictures showing you can be assured of the worst inside.

Maybe you should read up a bit more on terminology / general USA investing – I think these ‘bargin’ sites can be dangerous if you…[Read more]

morpheusbushy wrote:

Hopefully this bullet is not too far away for me

Whoops, minus the death part of course. Although.. I will be travelling to Texas soon……

biggaz13 wrote:
Eventually you get to the stage where you just have to bite the bullet or forget about it.  

Agreed! You could study a city for months without ever knowing if it will definitely be a good investment or not.

Hopefully this bullet is not too far away for me

Hey Joe & Chels,

You can rest assured that NO apartment in NYC will sell for $2000, no matter how crappy / destroyed / small or the neighbourhood it is in.

I’m not an expert on the matter, nor do I think I could give you an indication of why these prices are advertised for this price. I have a few ideas why this is the case but don’t think I…[Read more]

Thanks Tradeeba for your comments on Atlanta and TRR. I’m actually visiting Atlanta for 9 days in July so would appreciate if you could forward any contact details for TRR and Jennifer the independent agent? – i’d love to arrange a meeting with them for when I am over there!

Moggiee wrote:
Hi M

We visited Atlanta a few months ago to look at the properties we bought and we loved it! I was expecting a city that was a bit “pov” but was amazed at how lovely and highly liveable it was… I could happily live there. I’m sure there must be bad areas but we didn’t see any. There is a real southern hospitality there. We…[Read more]

Atlanta, Georgia General Overview State population: 9.7 million Population greater metro area: +6 million Population centre: 5.3 million Counties: Fulton and DeKalb <moderator: I deleted the lengthy article. please use link to access>Please visit http://myusapropertynightmare.wordpress.com/2011/05/24/atlanta-georgia/ for full summary. None of this…[Read more]