Could not agree more this is the worst government in a generation

So let me get this straight. You can write on any forum you like effectively promoting what you do. If I respond its a problem. I do not go on this forum a lot because I am dealing with property everyday. If I feel like making a comment I will if you do not like it to bad.

Hi Richard Lillycrop

Just had a quick look at your web site its good. I especially like the fact that you seem to have a similar view to me on property. You look at good property rather than cheap rubbish. I also have the view that if you are investing long term then look to safer markets. Thats why I like Texas. I will also go to Indianapolis…[Read more]

Thats great Richard

Clearly finance is getting back to normal. I think it is great that we have someone like you who has this experience and Knowledge.

If you wish to do this for yourself then you need to do your own extensive research. You also need to invest a great deal of time to research the markets on the ground and locate the right people to manage your investments. If you are not prepared to do this you should rethink your investment strategies.

I realize that some people think that I…[Read more]

Jason

I do not care. If you have information about Texas please post it. I do not comment on Detroit to score points. I do it because I believe it is not a good place to invest. I do not rely on this forum to get clients. However if you make statements that lead investors to put there money into Detroit they should also look at the down side. If…[Read more]

we will be dealing in many parts of the united states. the figures above are what is reported. are they wrong?

Current figures in Detroit

Unemployment 29%
Property vacancy 19%

Is currently rated as the most dangerous city to live in the United States

I am sure that like anywhere there are opportunities there. However if you are not in the group you can get into trouble very quickly. Their are must better and safer places to invest in the United States

Our aim at Cash Flow Capital is to provide the best Property Education and Property services in Australia. That is our aim and that is what we will achieve.

Another example of why this is the worst government we have seen in generations.

Howard introduced GST put it up to the electorate and got it up at a large political cost because Howard felt it was important.
This government take up a couple of suggestions out of nearly 200 recommendations. Great reforms.
Time to change government

Would you be interested in lease options in the United States

If so let me know

Well Jason

A great person to deal with on this matter is Richard Taylor who is a regular poster hear. His experience on lending in the US is first class. I also deal with several people out of Houston which Richard also has.

However banks will not lend on $30,000 to $50,000 properties because they deem them to be high risk.

The idea of using a buyers agent is to deal with someone experienced. Most people do not have the time to spend months researching the market. Your comments Jason are more likely to get someone to buy rubbish and waste there money.

If you want to buy property you have three choices.

Buy it yourself- You need to spend at least a month in one city…[Read more]

You should look at Port Adelaide

Huge potential, will go up a great deal over the next 10 years and offers some of the cheapest water front property in Australia.

You could put the tenant into the property based on the promise that you will put aircon into the property once they move in making the property easier to rent out. Then look at doing more work later on.

Clearly you need to have an accountant in the United States. You are earning money there and will need to lodge a tax return. You should also be buying properties in an LLC or another suitable structure. You should seek advise from a suitably qualified accountant. I have a great one but they are in Texas.

The reserves bank decision to again raise interest rates tells you the degree of stupidity that is currently running this country. In 2007 the reserve bank nearly wrecked the economy by raising interest rates to quickly and now they are doing it again. Wait and see what happens to the default rate in outer areas as rates continue to rise. The bank…[Read more]

They do work very well in America

It is also important to do your own research. For instance I have not been to Atlanta however the reports I have read state that the vacancy level there is over 16%. Clearly this means that unless you are buying in a prime area renting the properties out may be difficult.

I fully agree with Jason

Do not trust people especially agents on the ground in the US. It is common practice for them to buy properties at one price and on sell them on to an investor for a much higher figure.

You either need to deal with someone who has the experience or be prepared to spend a month on the ground. If you wish to take the easy…[Read more]