There are still great opportunities to buy property in the United States however you need  to be careful as to where you buy

You can purchase Apartment complexes with finance at 60% non recourse funding at around 5% and also make money by providing vendor finance into the;local market for a healthy return.

Many marketing companies are selling properties in these areas for around $450,000, especially in Chinchilla. If you do a basic search on say realestate.com.au you will find properties on larger blocs in better locations for $390,000. Count on the fact that marketing companies are making at least $30,000 per sale.  However you are better to look…[Read more]

I havre been an investor for mant years. I have also owned a real estate offfice where we managed around 200 properties. It used to amaze me how many landlords did not want to pay for things when they went wrong.

Here is the thing

Its your property, rather than loose a tenant fix the problem. You can often turn a negative into a positive.

I…[Read more]

Detroit is a terrible market and always has been. The fact that Detroit has gone broke is not a reflection on the whole US market. 

The are great vendor finance deals available in the United States especially in states like Florida

What I am suggesting is that b providing farmers with grants it allows us to develop new crops that can be sold to the world

There is a real risk that within 20 years we could become a net importer of food

We could become the food bowl of asia. The difference is it does not matter how much money we pore into the car industry it will go.

I have heard the same thing. My understanding is that you can open through a lawyer. A number of people have been claiming there is no problem with opening bank accounts it appears that if you do it through a marketing group you may find that you will be shut down

This is about doing your due diligence. What I have always down is deal with an area and get to know it like the back of your hand. I list every property in my target area print it out and put it in a scrap book. Then then follow the property with any changes. Generally I approach the property once it has been on the market for around 6 weeks. If…[Read more]

I think you also have to consider why would you invest your money in such a bad market when there are still great opportunities in the United States. To me there is no real upside in Detroit where many other states are now in recover and growth mode.

No because a bank cannot take security over an overseas property

If you owned a property in Australia you may be able to get a line of credit and use that as a deposit but the loan itself can only come from tthe country of origin

I can look into it for you. It would appear to be difficult but often it depends on where it is

http://detroiturbex.com/

This is a great site but sad

Many photos and a history of any of the now abondoned buildings

In most cases it does. However what I have found is that many permits are badly designed. For example small apartments. Personally if we are buying or designing a site I would never look at anything less than 50 square meters on a one bedroom apartment or 70 square meters on a two bedroom. Aim and the owner occupier market because that will also…[Read more]

I am also being run off my feet in Australia however there are still great opportunities in the United States. However can you buy a property with only $27500 down and make $4500 pa positive cash flow. Well you can in the states. Still great opportunities in a recovering market. Also great opportunities in Australia

There are still great opportunities overseas. I met with Alex who flew into Orlando while I was there. He claimed that he did not have time to post because he was so busy. The US markets are in recovery and there are still great opportunities on both apartments complexes and single family homes.

I would tend to agree with this. As the economy strengthens in 2014 I would expect the property market to recover. I think Brisbane offers a lot of opportunities because I have felt for some time that the market is undervalued to the tune of around 10%. BS shrapnel view is Brisbane will recover to the tune of 17%. Thats not unsurprising.  I also…[Read more]

Whats wrong with selling overpriced house and land packages in a third rate location, at least it will help with your Tax  LOL

All these companies promote house and land packages are making at least $30,000 in commissions. It would not surprise me if they were making more. However you are still no doubt losing money on the investment and you will…[Read more]

Whatever returns you lodge in the United States you have to lodge in Australia, but you receive a tax credit for what you have paid in America.so if you have made no money you should be ok. however the tax rate will be higher in Australia and you should seek tax advice. <moderator: delete advertising>

With finance becoming more readily available in the United States it a good sign that the economy is improving. 

The view of many of the banks is that the market has not bottomed and they are prepared to lend from 60% and up. The big thing holding the US markets back has been a lack of finance. So more funding with help with not only the…[Read more]

I would be careful if its cheap and in many cases even when its not. Many companies charge a few just to sell you a property. A real mentoring program will work with you to achieve your goals. They should be working in your interests and not here just to sell you a property. The fact that people are charging you is no guarantee that what you are…[Read more]

Not Sure that BIS Shrapnel reports are always accurate however it has been my view for some time that the Brisbane inner city market is at least 10% under valuated. Now I am talking about suurbs that are within 10km of the CBD. I am sure that there are locals who know of other suburbs that are also performing well. However if you are buying or own…[Read more]