I think there are a number of good areas to invest in. I think what is important is that many wealthy people in the United States believe that property will be the Number one investment product in the United States for 2014

There is a lot f corruption there. If you are planning on living there its one thing but frankly there are far better and safer areas to invest than the Philippines

It may be worth speaking to a town planner and see what you can do with the block. Once you know you could get a permit for the site a developer will certainly pay you a premium for that

Yes its a bit like a holiday brochure showing you an Olympic sized pool only to find that it is a duck pond when you arrive. Photos can be misleading. We never buy anything unless inspected. I am sure most people especially who are on this site would do the same

Have you considered Orlando?

I have been to a lot of seminars but most of what I do I have worked out for myself. But that’s what I do is study markets.

I read a lot and have met with a number of experts over the years. The best knowledge is what you learn as you do the deals.

It sounds great unfortunately I will be in Florida otherwise I would have gone

A valuation is carried out based on instructions. When a bank does a valuation they will often request that a valuation is done on a conservative basis. In other words if the apartment or property had to be sold what would be the worst case scenario. The bank remember is wanting to look at the valuation based on there risk. I know that in some…[Read more]

Personally I stay away from the bottom end of the market. I think there are good opportunities without going to the bottom. Often really cheap properties are in really poverty ridden areas. Remember if you cannot collect the rent its not a good deal.

Hi cat

Interesting however quite a few cities and states had strong growth last year so it could be that in some parts are just leveling out again. I don’t think anyone wants a repeat of 2008.

Now you talk about a low dollar but is that not in the US interest. If the dollar stays low then it is better for exports imports also become more…[Read more]

I would have thought that if they are so busy they cannot respond to an inquiry what service will they provide if you join.

Hi Cat

I could not agree with you more. They have just raised interest rates in New Zealand because property prices are now on a par with Sydney which is nuts. However the economy while the Australian economy is struggling. Thats what 6 years of mismanagement can do.

I am seeing great opportunities in the United States because the economy is…[Read more]

HI Andrew I agree with you but he would be better once he has spoken to the council to appoint a private town planner. It will cost a little money but generally you get a much better result. Then look at a joint venture or just sell the land with permits. You can get a builder to contruct however keep in mind that to go down this path you are…[Read more]

you should get a town planner involved and talk to a few agents regarding design and what is selling in the area to make sure you make you land with permits salable. Once you have he permits your other option would be to look at the project as a joint venture with a builder. You would have to do your figures on what would work best

I think that the issue is not just an aging population but whether many of those people will have a lot of money. The latest figures indicate that 80% of the population are going on the pension. That means that many of those people will not have a lot of money in retirement. Now if a lot of people decide to sell demand will come off and so will…[Read more]

HI Andrew

How easy is it to find blocks that stack up in value in Australia at present?

I agree Jay but there will always be people who will take advantage of others. However these things can work as long as and I am sure you do and Engelo and myself do the right thing by investors

I answer lots of questions people can judge me about what I say rather than attacks from a couple of people who only have a few posts and then its an attack. Nothing you have said is constructive. You asked me how much of my own money am I spending I told you.

For the record Jay I am not a turn key provider we buy properties for ourselves and for our clients at the best prices we can negotiate. If the property needs work we give the client a break down of the costs. Now its true that this complex has been renovated however we feel this is a good deal.