Hi DeanI am based in Melbourne and run a buyers service. I have purchased properties for clients from Australia to New Zealand and the United States.

Hi KateI am currently establish a bird dog services in the United States with a base in Texas and Indiana

I agree with everything you are saying. Ther problem is that their is a myth and that is if you are seeing a financial planner they are working in your best interests because they are Asic approved to give advice. Many financial planners were promoting Westpoint and telling their clients that their money was safe. It was reported in the press that…[Read more]

Hi MarkI am currently involved in establishing a property investment group in San Antonio. I may be able to offer some advice. We are setting up so that we can assist investors to buy the right property. 

RichardWe should never assume anything. I am not pointing a finger at chad. It is important to remember that many people have purchased properties in the USA blindly and with poor advice. Some of those peope have been regular posters on this forum. I would suggest that many people would not know about the 3% property tax in Texas.

Sounds intersting Chad

I would love to know what area you can buy houses for this sort of price, even with a great discount.

The gross figures are one thing but the real figures are the net returns. For that you need to take into account 3% property tax, property management 8-10% if you can find someone to manage them. Plus maintance which at…[Read more]

Thats great

Considering that we are setting up a national company in the United States with your event and mine it wil give people a choice.

Nigel Kibel

http://www.propertyknowhow.com.au
http://www.changingplaces.com.au
Buyers advocacy
Australian and New Zealand The United States Property Researcher and education

Property management is a major problem. It depends on where you are looking to invest. I am currently in the process of helping to organise property managent in both San Antonio and Indiana. I will be conducting a course on hour to buy in the United States based in Texas in the next few months.

Nigel…[Read more]

I buy properties across Australia and overseas as well.

Nigel Kibel

http://www.propertyknowhow.com.au

wwwChangingplaces.com.au

Australian and New Zealand The United States Property Researcher and education

Generally in Australia positive cashflow is difficult. Where you find it you will in most cases not get great growth. However you can buy properties and renovate them improve values. The secret is that you need to research the market that you are wanting to buy in. I over the years have brought properties from Australia, New Zealand and the United…[Read more]

Certainly the first thing you need to do is get preapproval on finance. If you do not know what you have to spend their is little point in moving forward. Then select the area that matches your price point and get to know it like the back of your hand. Most investors who fail do so because they have not resaerched correctly.
Imagine that this is a…[Read more]

If the agent is doing a good job it sounds fine. The 8.8% does sound a little high. In Victoria and Id be suprised if it was diferent in NSW you cannot make a landlord sign a 12 month management agreement. They can get you to sign a sole agency to let the property. I would suggest that you sign a sole agency for 60 days. If you are unhappy with…[Read more]

I will be looking at conducting a course in San Antonio in June or July this year to teach people interested in investing in Texas. It will involve speakers on finace, accounting, structures and the city itself. If you are considering investing offshore learn about the market first hand. Although we can assisty you with purchasing the prime aim…[Read more]

Hi Josh

Returns are good. I have just come back from running a real estate group in the Unitedv States in San Antonio in Texas. It is important that you do your homework very carefully.
I suggest you work out your structures, preapproval of finance.

Only look at the net returns. Although returns can be very good in Texas their is a 3% property…[Read more]

Yes I was up their a few weeks ago. You can still buy houses with water views fron $550,000. It is important to remember that the market is and will continue to be driven by retirees.

Nigel Kibel

http://www.propertyknowhow.com.au
check out my new web site

Australian and New Zealand The United States Property Researcher and education

I meet people all the time who have purchased properties over the internet including off shore. Most have made huge mistakes because often the internet only shows the house not the street or what is next door.
Frankly I think that anyone who buys over the net especially on a real estate agents recommendation is a fool at best.
Always research and…[Read more]

I think it will be worth keeping an eye on the market as we are seeing rental yields increasing across the country. However I would strongly advise against buying in small country towns the likelyhood is that prices may go down. More people are also moving out of country areas.

I thought it was easy to buy here I would not have established myself…[Read more]

Hi Michelle

I would suggest that you both either call in agents for a market appraisal or get a sworn valuation. If that does not work put the property on the market and your partner has the option of purching the property in the open market. If you make that suggetion I am sure he will negoiciate. Keep in mind that whether you sell to him…[Read more]

You can access the funds as often as you like. We have a tax agreement between our two counties which means any tax you pay in New Zealand you will get a tax credit for in Australia. But you still need to declare any funds that you bring in.

Nigel Kibel

http://www.propertyknowhow.com.au
check out my new web site

Australian and New Zealand The United…[Read more]

I do not really promote my services here because I have been running a property company in the Texas. My target market is in the United States not Australia. That does not mean that I am not prepared to offer advice. I have seem some of the crap properties that have been sold to Australians and I wold advise extreme caution. If you are…[Read more]