Hi Jay a some what cynical response.

I do not say every deal is exclusive however we have put this under contract and it was not being actively promoted.

However what makes the deal special is that we are putting a group together that makes it a good deal for the individual investors. We are also offering the service into the us to US…[Read more]

Hi Ivan yes it is in Florida, remember hat commercial can be apartments once you have more than 5 its considered to be a commercial deal.

Yes I like to talk about what we do however a large part of our market is out of America not Australia. I would still look at Australia but it is difficult to get things to stack up

We have run two tours to the states so far this year settled on an office building hat will end up returning 35% cash on cash and just put a 52 unit complex under contract. We should also have 4 houses under contract to flip. Planning at least 2 trips back to the states this year. Our aim is to further promote our services and the Property Know…[Read more]

Yes it is important to keep reading and work out your strategy then get one thing right

The most important word in Property Investment is due diligence. Many who fail do s because they do not do this well. Many people who invest in property spend more time researching a blue ray player than a property.

The benefit in direct ownership of a 52 unit apartment complex is that the investors receive all the benefits.They receive the returns and the end profit. Coming off the bottom from one of the largest falls in a generation offers opportunities. As the economy recovers it may yet again offer solid investment opportunities. If you have never thought…[Read more]

It depends on what you are looking for. Many marketing groups are really just flogging property. However not everyone is like that.

Ok Lisa

Who are you?

In terms of what I will invest thats a moving target however it will be between $300,000 and $500,000 in the next 12 months. That allows me to borrow as well. The money is liquid so that the total will be higher than that.

If we recommend strategies we have already done it ourselves

I think that there is room for both a fund of the quality of the one Steve runs and direct investment. Some of the funds that have been set up do charge very large fees. Steve fund looks after the investors. I have always respected the care and research Steve conducts.

If I buy a large complex I may put a number of investors into the properties…[Read more]

Interesting that your first post Lisa is to attack me. I post information here and answer questions.

I suggest you go back and read some of my 1200 or more posts and that will give you a good idea of what I do.

We assist people to successfully invest. My goal is to help people successfully invest ideally without losing there money. We spent 15…[Read more]

I dont really have to justify myself to someone who has just appeared and appears to attack everyone. I have already placed a great deal of money in the US. I own a business there and we are also looking at development projects. My main reason for being there is to invest

Yes its true that the United States is not immune to rate rises however the Fed has indicated that any rate rises are some time off. Also with high returns it will protect investors against rate rises to a point. In terms of my own money as indicated I will be using a great deal of my own money in the US. I am not referring to investor funds

The US market may not be a gold rush however it to me offers more promise than Australia at present. The fact that we can now borrow money again in the states means that our cash on cash returns are far higher than before and with solid growth now in the US economy I believe it will be the place to invest over the next few years however you do…[Read more]

Hi Andrew

Your comments are not accurate. We can borrow 60% through commercial banks on commercial properties which can include apartment complexes.Also the loans are non recourse which this means is that the loan is based on the property rather than the person investing. So to me that means that the banks do have confidence. There is a view…[Read more]

One thing to be very careful about is that interest rates in Australia are at record lows. They will not stay at that level forever. They are more likely to head to 7%. It might be another 12 months before rates start to move but the will move up.

Now if rates move by 2% how will that effect your numbers. I am also of the opinion that they will…[Read more]

Whether you are buying in America or Australia one thing is always the case. The profit is in the buying.

If you overpay for a property you are unlikely to get your money back. What this means is do your research carefully and ideally use someone you trust to buy the property for you. Most American agents have a can do attitude the problem is…[Read more]

The problem in Australia at present is that we have record low interest rates and an economy that would appear to be a little flat. So the question I would ask you is what is the capital growth like in the property you are reviewing because if it is poor as I suspect i will be what is the benefit of buying the property.
Also although it is…[Read more]

The other thing would be to have capital gains tax removed once you have owed the property for a certain number of years. That way we could encourage long term investing and help to provide for peoples retirement.