Nigel Kibel replied to the topic Why do we shun student accomodation? in the forum Help Needed! 14 years, 1 month ago
There is different types of student accommodation. If you are renting a house room by room thats great. However if you are buying a 20 square meter or smaller box it is not good. Think about this what is your resale on a tiny room. Clearly only to investors hence your poor resale.
The other problem is with interest rates now over 7% your returns…[Read more]Nigel Kibel replied to the topic Buyers Agents / Which one?? Advice PLS !!! in the forum Heads Up! 14 years, 1 month ago
We are a national group who specialize in buying properties for investors. I also run the education unit where we teach our members how to invest in both Australia and the United States. Because we are a national company we do not have a bias to any one state.
We will be running a two day property workshop this weekend being the 9th and 10th…[Read more]
Nigel Kibel replied to the topic BEWARE – Inexperienced buyers agents and Cashflow Hype USA in the forum Overseas Deals 14 years, 2 months ago
There are so many groups now promoting the United States most fall into two areas, firstly those just selling property often in slum areas and secondly those people who do not really know what they are talking about.
Be careful of people just dealing with agents in the US. Levels of service are poor. If you want to do this for yourself be prepared…[Read more]Nigel Kibel replied to the topic USA – Research complete and almost ready to head over there – Anyone else at the same stage? in the forum Overseas Deals 14 years, 2 months ago
If you are planning on spending months on the ground you might find some good people otherwise good luck
Nigel Kibel replied to the topic Buying agents in the forum Help Needed! 14 years, 2 months ago
At Cash Flow Capital we provide a national service. We only deal in investment. The advantage to our clients is that we can source properties nationally therefore buy properties in the best markets whether they are cash Flow or growth properties. In my view we offer one of the best services in Australia. We are also offering a mentoring program…[Read more]
Nigel Kibel replied to the topic Perth seminars in the forum Heads Up! 14 years, 2 months ago
We will look at Adelaide but not until next year
Nigel Kibel replied to the topic BEWARE – Inexperienced buyers agents and Cashflow Hype USA in the forum Overseas Deals 14 years, 2 months ago
I have a business partner on the ground in Texas. But I would agree that there are to many people who do not know what they are doing
Nigel Kibel replied to the topic USA Property Taxes in the forum Overseas Deals 14 years, 3 months ago
Property taxes vary from state to state. I deal in Texas. The taxes there are around 3% which is a yearly tax based on the rated value of the property. Texas does not have any other state taxes. Half of the 3% they use to fund the school system,
Nigel Kibel replied to the topic … in the forum Overseas Deals 14 years, 4 months ago
Richard
I believe the changes to the credit laws will make it more attractive to buy in the United States
Nigel Kibel replied to the topic do real estate agents have to pass on all offers? in the forum Help Needed! 14 years, 4 months ago
If you make an offer you need to get it in writing. Insist on signing a contact. If you do this they have to put up the offer. They do not have to put up a verbal offer. In my view it is only an offer if it is in writing.
Nigel Kibel replied to the topic Investing In Las Vegas and current US housing market in the forum Overseas Deals 14 years, 4 months ago
I agree with Ambrosh
I personally focus on the Texas market which is far more stable and offers strong future growth
Nigel Kibel replied to the topic Setting up a team in USA when based in Australia in the forum Overseas Deals 14 years, 4 months ago
Hi Martha
The simple answer is you deal with someone who has already done it.
It will be very difficult for you to set things up remotely. Even if you go to the states you will struggle to find the right people on the ground.
You have three choices
One deal with someone like me who lived and ran a real estate company in Texas for most of 2006.
Go…[Read more]Nigel Kibel replied to the topic Property Investment course in the forum Heads Up! 14 years, 4 months ago
I have a strong interest in the US however the courses that I am running have nothing to do with Dolf DeRoos. I offer a mentoring program but will allow clients to travel with me to Texas and we will assist them to buy the properties. The aim at Cash Flow Capital is to educated and assist clients to invest in property.
In terms of the 21st…[Read more]
Nigel Kibel replied to the topic Property Investment course in the forum Heads Up! 14 years, 5 months ago
We still have places available if anyone would like to attend this weekend.
Nigel Kibel replied to the topic Where is the soundest state/county to invest in America? in the forum Overseas Deals 14 years, 5 months ago
I find Texas to be one of the best and safest markets to invest in America
Lets look at why
If Texas were a separate country it would have the 10th largest economy in the world
It is the highest export state in America
Despite the debt in America, Texas has no state debt
It is the fastest growing state, with over 1000 people per day moving…[Read more]Nigel Kibel replied to the topic Recommendations for IP accountant in Sydney? in the forum Legal & Accounting 14 years, 5 months ago
Yes Chris Pappas from MKJ accounting. He is a great property accountant and owns a large number of investments. You can contact him on 02 93172799
or email at chrispappas@mkj.com.au
Nigel Kibel replied to the topic Paying tax on American Property. in the forum Overseas Deals 14 years, 5 months ago
T. Van Alston, CPA
Partner
Padgett, Stratemann & Co., L.L.P.
100 N.E. Loop 410, Suite 1100
San Antonio, Texas 78216
Telephone: (210) 828-6281, Ext. 1503 ~ 1-800-879-4966
Direct Line: (210) 253-1501 ~ Mobile: (210) 313-0814
Fax: (210) 828-8606
Email: van.alston@padgett-cpa.com
Web Page: http://www.padgett-cpa.comThis is a great account
Nigel Kibel replied to the topic GREAT READ FOR ANY USA PROPERTY INVESTORS in the forum Overseas Deals 14 years, 6 months ago
You should also looking at the video on youtube
I have been dealing in Texas for 5 years unlike many other parts of America you will not hear bad things about Texas. Yes you have to be careful and you do need to do your due diligence. I will also be conducting a number of tours there later in the year.
Nigel Kibel replied to the topic USA investing stories in the forum Overseas Deals 14 years, 6 months ago
I agree with much of what has been said. It is important to keep in mind that currently the USA appears to be a great place to invest. However many of the operators and new companies are not really experienced and as such will give there clients bad advice.
The other trend is to target people that cannot afford to buy in Australia by promoting…[Read more]Nigel Kibel replied to the topic Independent brokers in the forum Dan
Are you talking about 14 years, 6 months agoDan
Are you talking about finance brokers if so give Alistair Perry a call he is based in Melbourne on 0407 787 313
There is also Richard Taylor but he is based in Brisbane
Regards
Nigel
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