Good move Terry, I have a Galaxy S and it’s very simple and compatible. I think the apple products are very good quality and very ingenious but they are very expensive and they do not want to be compatible with anything else. I don’t share apple’s idea of marketing, I think they will fail as they did before.
On the other hand Google has all open…[Read more]

Glenn,

Send me a PM and I’ll give you a great accountant in Perth.

Mosqui

Can I claim the stamp duty back when I sell the IP? Or the Stamp Duty gets lost?

The owner has to trust the PM. otherwise they should not work together. The PM should be able to make some decisions, as sometimes they do not have the time to consult everything with the owner.

I’m sure in five years Port Hedland and Karratha will not drop the property prices. BHP, RIO and FMG got contracts signed for the next 5 to 10 years and even if you build a camp for FIFO and for construction all the staff will move their family to town and will require a place to live. I have a house in Karratha and the return is really good. I…[Read more]

I think that the financial advisers another kind of salesman, which is a very tough job and very difficult for people to understand it. I usually don’t like any of them, specially real estate agents as I have seen them saying so many lies to very innocent people that make me sick. On the other hand I have meet some valuable people in that area,…[Read more]

MJ,

Great Deal !!!! $42K and $825 a month? this is about 23% Gross?
So, you didn’t need and renos?

You are based in KC anyway, do you?

Mosqui

Engelo,

I have to agree that the situation is getting worse, I don’t think the rents are going to go up soon, but I think some people have been a bit aggressive with you.
On the other hand you are young, so you can take higher risk than many people and this is what some people have to realise. Investing in property in this world environment is…[Read more]

Once again thanks British Buyer to share your experience with the forum, this information is better than any book anyone can write. As many other people here I’m thinking to buy property in USA and still trying to get info and see when I can fly to see some places, so still doing more research and I hope I can get something done this year but time…[Read more]

For my first home I didn’t like brokers, so I went to all the banks and done my own research. Then I moved house and my wife and a friend convinced me to use a recommended broker. I wasn’t very happy and after a few meetings I liked the idea, so the outcome was very positive. Then I bought an IP and he did all the paperwork, I only contacted him…[Read more]

vonny wrote:
I am currently building Units.
4 units, Perth, Western australia.
It was a long process of research and many meetings with builders… But i think none of this is ever a waste as you learn something new via almost every person you talk too.
Anyway we had a ‘building broker’ on the job too…….WASTE OF MONEY GUYS…. I also got my…[Read more]

wisepearl wrote:
what am i doing wrong?! can’t open your blog… get this msg:

You’re about to be redirected

The blog that used to be here is now at http://www.propertyinvestinginaustralia.net.au/.
Do you wish to be redirected?

then if i get redirected it says it doesn’t exist. but looks like Elea managed to open it just today so why can’t…[Read more]

Scott, can you send me the info too.

thanks

Mosqui

What about Android? iphone is not the only smartphone out there. My wife has the Galaxy S and has a few interesting features you don’t get on the iphone.

Alf, I have to agree with you. I know Australia could have a correction or small crash, but I hear this before as well. I’m coming from Argentina, I have been in Australia for 10 years and I can tell you that in all the crashes we had in south america, the more secure investment was always property. The Argentinian property market rises in…[Read more]

Cath Wood wrote:
A few years back I bought 3 properties in small mining towns in WA.  In one of the towns, everything that could possibly go wrong did.  The mine closed down.  The 'property manager' recommended by the real estate agents turned out to be a crook whose idea of good property management was to collect rent from 50 houses but not pa…[Read more]

My 2 cents.

I think that as long as the property is cash flow positive (or gives you at least 10%) is good investment and in long term the USD will be back, it may not be as strong as it used to be, but it’s always good to spread your investments. I have a cash flow positive property in Australia and looking into the american market right now, so…[Read more]

streamlineinvesting wrote:
I see this thread is a bit old, but it is still relevant to many I assume.We have recently sent off our information to set up our Florida based LLC. Have sent off the application for our Australian based Citibank Transaction Account. At the moment am enquiring about getting a US based Citibank Account. With the free…[Read more]

BB,
Very happy to see all your journey, all the best with your house and please keep posting. I’ll be in Miami in a few months, still working on details and getting some money ready.

Simon, It’ll be good to know how your progress is as well, so please keep us in the loop.

Mosqui

Thanks Steve and Judith, this is very valuable information for people on the other side of the globe.