Nigel Kibel replied to the topic The End Of Negative Gearing? in the forum General Property 10 years, 6 months ago
In 1984 Keating abolished negative gearing. The end result was the property market collapsed and they were forced to reintroduce it 12 months later. We need to encourage people to save there money, any attempt to change or remove negative gearing would be a disaster.
Nigel Kibel replied to the topic Global Real Estate Investing Basics – Part 3 – Strategy & Team in the forum Overseas Deals 10 years, 6 months ago
The fact that 60% commercial loans were not available to foreign nationals 112 months ago shows that market conditions have now changed. On the ground we are hearing about improved conditions and demand all the time. Remember that commercial buildings can be
an apartment complexes with over 5 apartments. Now if investors were paying cash 12 months…[Read more]Nigel Kibel replied to the topic Global Real Estate Investing Basics – Part 3 – Strategy & Team in the forum Overseas Deals 10 years, 6 months ago
Hi Steve
We are seeing the same thing in Orlando. there are some great opportunities around. The other thing that has changed in the last 12 months is that banks are prepared to lend around 60% on a commercial property. Plus the loans are non-recourse which means that the loans are based on the asset rather than the person borrowing. So that…[Read more]
Nigel Kibel replied to the topic Global Real Estate Investing Basics – Part 3 – Strategy & Team in the forum Overseas Deals 10 years, 6 months ago
Hi Jay
I agree with you 100%
I think value add is the way to go. There are always top quality commercial deals available. However as the market changes we have to keep up with that and offer our clients solutions
Nigel Kibel replied to the topic What is the best way to reach Investors in Australia in the forum Commercial Property 10 years, 6 months ago
Since Rob posted this in 2012 we have established Property Know How USA
I am currently in Orlando with Rob and a group of investors. Today we are putting together flip deals and commercial deals including apartment complexes. There are great opportunities in the united states
Nigel Kibel replied to the topic Showing you mine – before rehab photos, Toledo Ohio in the forum Overseas Deals 10 years, 6 months ago
Jeff
have you been on the ground in ohio and seen the deals there
i am currently in orlando with clients
Nigel Kibel replied to the topic Positive Cash Flow Properties – Real world examples in the forum General Property 10 years, 6 months ago
I am currently in the United States in Florida, there are still great opportunities here. However rather than just focus on cheap housing we look at high quality property such as apartment buildings and commercial buildings. You have to be careful what you buy but thats why it is important that you deal with the right people
Nigel Kibel replied to the topic Buying property in the US in the forum Overseas Deals 10 years, 6 months ago
Currently in Orlando Florida
Great market here
Nigel Kibel replied to the topic US Accountants in Austraila in the forum Overseas Deals 10 years, 7 months ago
donna shaw 0412 260758 although she is in Melbourne originally from California she is very good
Nigel Kibel replied to the topic Global Real Estate Investing Basics – Part 3 – Strategy & Team in the forum Overseas Deals 10 years, 7 months ago
https://www.youtube.com/watch?v=KaIarcW477E
Above is a webinar on a deal we did a few months ago. It was an office building for 1.42 million with $660,000 and the balance with vendor finance at 4.75% for 3 years. I really like apartments but this was such a good deal. We have a government tenant on half rent fr 12 months and need to let just…[Read more]Nigel Kibel replied to the topic Global Real Estate Investing Basics – Part 3 – Strategy & Team in the forum Overseas Deals 10 years, 7 months ago
I was based in Texas at the height of the boom. There were opportunities to make money even in a market like that
Now I believe that the opportunities are better than they have ever been. However they are different. I focus on commercial properties because you can borrow and therefore leverage. Even if there were cheaper 12 months ago it mean…[Read more]Nigel Kibel replied to the topic Global Real Estate Investing Basics – Part 3 – Strategy & Team in the forum Overseas Deals 10 years, 7 months ago
As I have mentioned most of the companies have been promoting to people without money. So if you cannot buy in Australia buy some cheap crap in America. Now that the dollar has dropped and many of these people have lost there money
If you dont have $60,000 to $100,000 do not waste your time.
We partner with our clients to make money and help…[Read more]Nigel Kibel replied to the topic leverage in Australia versus ‘all cash’ in the US in the forum Overseas Deals 10 years, 7 months ago
I agree that the IRS are painful however it a matter of settle up the structures correctly. I do not agree with you about the US I think it depends on what end of the market you are looking at. I am mainly focusing on commercial property because the returns are there and with leverage are more attractive on anything you can buy in Australia.
My…[Read more]Nigel Kibel replied to the topic leverage in Australia versus ‘all cash’ in the US in the forum Overseas Deals 10 years, 7 months ago
Well Jay I do not agree with you. We focus on Commercial property often with deals with upsides. Florida has fallen a long way and is rising. Even if it just goes back to normal levels. The deals we have been doing have been great. However we look for opportunities and not just off the self deals.
In terms of Australia I think the market here…[Read more]Nigel Kibel replied to the topic new layout in the forum Site Problems / Feedback 10 years, 7 months ago
Hi Steve
Apart from the fact that you cannot click on the signatures I think the site looks great. It is clear to read. I think as you go along you will find easy fixes for the other things.
In terms of Freckle I don think he ever says anything positive, so don’t think his view was in the majority. Frankly if he came out loving the site thats…[Read more]Nigel Kibel replied to the topic Apartment Complex’s vs Single Homes Investing in the forum Commercial Property 10 years, 7 months ago
It clearly depends on how much money you have. However in the American market .you can only get private funding in houses under $100,000. Once we look at commercial property which can include apartment complexes we can look at 60% non-recourse finance which means that the loan is only on the asset at rates of around 5%. Now when you consider that…[Read more]
Nigel Kibel replied to the topic Positive Cashflow – Where to Start?? in the forum Help Needed! 10 years, 7 months ago
In my view if you are after cash flow you can not go past the United States especially as you can borrow around 60% as a non-recourse loan
Nigel Kibel replied to the topic leverage in Australia versus ‘all cash’ in the US in the forum Overseas Deals 10 years, 7 months ago
I think what happens is that markets change. It is a matter of looking for the opportunities.
I am finding that there are still great cash flow deals in Florida especially with commercial and apartment complexes where you can leverage by borrowing 60% on a non-recourse loans.
Now although I agree with your comments on Brisbane generally when I am…[Read more]Nigel Kibel replied to the topic Flipping mentor wanted in return for interior styling advice. in the forum Help Needed! 10 years, 7 months ago
We flip properties but I do this in he United States not Australia
Nigel Kibel replied to the topic leverage in Australia versus ‘all cash’ in the US in the forum Overseas Deals 10 years, 8 months ago
I try and show clients real examples. What I find exciting is that even though prices are higher than they were 2 years ago the big difference today is that on commercial property which includes apartment complexes we can borrow 60% as non-recourse loan. That means that the loan is only based on the asset. I am talking about loans from commercial…[Read more]
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