NealeinMI replied to the topic Usinvest in the forum Overseas Deals 12 years, 4 months ago
1. People don't give property away.2. Most of the "experts" who have investing newletters, be they stocks or real estate, make their money from the newletters. Thier expertise should be highly questioned.3. If you are really serious about investing in the U.S., do your homework, set up a plan for buying, managing, and selling the real estate. T…[Read more]
NealeinMI replied to the topic Long Term Investments in the US in the forum Overseas Deals 12 years, 4 months ago
I live in suburban Detroit and I can confirm that the housing market is on the move again. I can't confirm % increases, but houses are selling and rental demand remains strong.
NealeinMI replied to the topic I have been asked for people willing to tell their ‘Ive been ripped off’ US RE story – Please help. in the forum Overseas Deals 12 years, 5 months ago
There are a number of US based Aussie groups online. Talk to people in those forums. They'll give you a ton of good advice, no strings attached.Bottom line, unless you do your due diligence and work with people you can trust you will get ripped off sooner or later.There are great opportunities in US Real Estate, but from my 17 years ex…[Read more]
NealeinMI replied to the topic Investment in the US? in the forum Overseas Deals 12 years, 5 months ago
I'm an Aussie who now lives in the Detroit area. There are literally 10's of thousands of houses you could buy in the US for under $140K.But I'd caution you not to buy anything without consulting someone with knowledge of the area you are planning on investing.You can buy a house in Detroit for $100 (yes one hundred dollars), but you are…[Read more]