I used to live in Texas in 2006. Thats not New York but a lot cheaper. Good lifestyle. If you want to live in the US you can get an A3 Visa for Investment. I would have to look at how much money you need it might be $500,000

Jason

Before you were selling or sourcing in Detroit now I see you are everywhere. If you do not use a wholesaler how do you deal in so many markets

I know both Richard and Alistair well. Both are great brokers.

Alistair is a commercial broker and able to finance large development projects.

also Declan i notice that most of your properties are in Detroit. Could you please explain why Australians should invest in this third rate market. Perhaps I am missing something

You should question anyone who promotes US property and has never met the suppliers or been to the cities they are promoting

The first thing I look for on a website is who is behind the company. I am always wary when a website does not have a single name about who is behind the business.

I agree Jay

There are much better markets to invest in so why take the risk

http://www.ushomes4wealth.com.au/

Extreme caution

This company has been posting in a number of posts

There properties are in Detroit

I have asked why anyone would buy in a market that has lost 25% of its population in the last 10 years

Declan

All your properties are in Detroit a city that has lost 25% of its population in the last 10 years. Please explain why any Australians should buy in this second rate market?

The other problem is that people do not do there own due diligence. It does not take a lot to realize that a city that has lost 25% of its population ln the last 10 years like Detroit are not good places to invest.

Make sure that if you are dealing with someone ask them what is there experience?
Have they been to the city?
Have they met the…[Read more]

I love website that do not talk about who owns or runs the site. I believe that if you are asking people to invest with you you should have the confidence to tell everyone about yourself and your knowledge and experience.

The problem is that many of these people who sell these properties have not only never met there suppliers but have never been to the cities where they are getting properties for there clients. I am not sure how you can advise this. This is especially true when you consider a few wholesalers are supplying most of the properties.

If you are going…[Read more]

http://finance.yahoo.com/news/pf_article_113083.html

sorry try this

http://finance.yahoo.com/news/pf_article_113083.html

This does show all the major cities in Texas are in the top 10 boom cities for the next decade

I am not competing with you nor do I claim to understand every market in America. However what we have seen in Texas is very small fall in property prices since 2006 compared with nearly 50% in markets like Florida or Los Vegas

Sure Alex
Will do, It is difficult to know what is best. However given the returns I can make investors through development in Australia it is difficult just to source $30,000 properties that do not give solid returns and offer little or no growth. What got me into the US market in 2005 was travelling to Texas on behalf of a group to buy a 105…[Read more]

There has been around $650 million spent in the US by Australian investors over the lat 12 months. Many of the suppliers in America are wholesalers. What is also important is that many Australians buy cheap property. In my opinion I do not understand why Australian buy properties at $30,000 in cities like Detroit. If you really want to invest in…[Read more]

Clients that invest in our developments make 40% on there money since you are asking. They are all in inner city suburbs of major cities

Why would you invest in Horsham

thats right and every city in Texas are also in the top 10 with Austin at number one