Nigel Kibel replied to the topic How are u Aussies going with usa loan approvals? in the forum Overseas Deals 17 years, 11 months ago
Within 4-5 weeks I should have a finace company. property management and an accounting firm that can offer the best result in terms of stuctures in the United States.
We will also have the ability to find any deal that you are after and also look at syndicates. Because we are running these services for US investors, their is the ability for…[Read more]Nigel Kibel replied to the topic property education san antonio in the forum Overseas Deals 17 years, 11 months ago
You are dead right foundation, all the more reason for checking your figures and looking carefully at the market. It would appear that californian investors are just as ignorante as some of the Australian investors. Do not waste your money. Their are plently of great opportunities here. Please do your research. If we offer courses and training…[Read more]
Nigel Kibel replied to the topic property education san antonio in the forum Overseas Deals 17 years, 11 months ago
Property management is a real challenge. I have a personal agency looking for someone. I have some new partners who will be joint venturing with us for a new office. They will be providing finance and insurance. The actually understand investment finance. Finding a good broker is nearly as hard as property management. We will also be joint…[Read more]
Nigel Kibel replied to the topic San Antonio property sales comparisons in the forum Overseas Deals 17 years, 11 months ago
There are a lot of good deals in San Antonio, but it is important to do you research. I have been here for nearly 3 months. I seen a number of properties promoted top Australian investors. Especially properties on the east side. These homes are slums and do not compare to anything I have seen in Australia. Secondly investors are buying more…[Read more]
Nigel Kibel replied to the topic L.A Dreamin’ in the forum Help Needed! 18 years ago
I am based in San Antonio in Texas. Unlike LA there is still strong growth here and plently of opportunities. It is still easy to buy positive cashflow properties here. However you need to be careful. I have been shown first hand terrible properties in the worst streets here that have been sold to Australian investors by Australians. Some of which…[Read more]
Nigel Kibel replied to the topic Anyone going to San Antonio / Nashville? in the forum Overseas Deals 18 years, 1 month ago
I agree with everything that Western has said, stay away from the east side, it is close to ther city but very rough. You will buy cheaply but it will be difficult to rent and you will not get any capital growth. Property management is important. One thing that has suprised me is that overall real estate sales people here do not provide great…[Read more]
Nigel Kibel replied to the topic Anyone going to San Antonio / Nashville? in the forum Overseas Deals 18 years, 1 month ago
Hi Phil
As you know I am now based in San Antonio. I will look forward to catching up with you and rick for a steak. I have been so busy during the last week. Our company has now got close to 5000 acres under contact just 10 minutes from down town with a purchase value of around 50 Million dollars. The end value will be at least three times that…[Read more]
Nigel Kibel replied to the topic Buying foreclosures / at auction information in the forum Overseas Deals 18 years, 2 months ago
As I continue to research the market here, one thing that keeps coming up is that many people are over paying at the forclourer sales. Some people that I have begun to work with now approach people before there homes are forclosed. There are a number of advantages in this, firstly there is no competition, secondly you are helping someone. What you…[Read more]
Nigel Kibel replied to the topic Buying foreclosures / at auction information in the forum Overseas Deals 18 years, 2 months ago
Hi Phil
Good to here from you.
Yes I have only been in the office for three days however I have restructured the company put an advertising plan in place and have ads for more staff going in. The company web site is being rewritten. So yes I am happy with the initial progress however that is always history, today is another day. A met a guy on…[Read more]Nigel Kibel replied to the topic Buying foreclosures / at auction information in the forum Overseas Deals 18 years, 2 months ago
Hi Phil
I am now working in Texas. I arrived yesterday and tomorrow I will be conducting my first sales meeting at a real estate company that I will be running. I will also be setting up a property investment company. The people I have been working with are already buying these homes. As I do more reseach I will let you know. They are normally…[Read more]
Nigel Kibel replied to the topic Best Suburb In Melbourne in the forum Help Needed! 18 years, 2 months ago
I think it depends on what you are after. If you were wanting to buy a two bedroom apartment I love Elwood, its next to the beach, has a great environment and performs well for capital growth. Two weeks ago I brough a two bedroom apartment in a strret with the beach at one end at the shops at the other for $330,000. It is good value at present.…[Read more]
Nigel Kibel replied to the topic The United States in the forum Overseas Deals 18 years, 2 months ago
Thanks Rick
The main purpose of mybeing in the United States is to market to American investors. The main reason for posting here is to share my experiences with Australia investors to make it easier for them should they wish to invest in the United States.
Nigel Kibel
http://www.propertyknowhow.com.au
check out my new web siteAustralian and New…[Read more]
Nigel Kibel replied to the topic Cashflow Positive or Capital Growth? in the forum Help Needed! 18 years, 2 months ago
Have the best of both worlds. I am moving to the United States because in Texas you can acquire properties that have both high cashflow and capital growth. As an investor it is always worth exploring other markets
Nigel Kibel
http://www.propertyknowhow.com.au
check out my new web siteAustralian and New Zealand The United States Property Researcher…[Read more]
Nigel Kibel replied to the topic Where are the cash flow properties? in the forum No Subject 18 years, 3 months ago
These days to get great positive cashflow you need to look off shore in places like New Zealand or especially in the United States
Nigel Kibel
http://www.propertyknowhow.com.au
check out my new web siteAustralian and New Zealand The United States Property Researcher and education
One Day property investment research workshop The United States. Please…[Read more]Nigel Kibel replied to the topic Buying Agent? in the forum General Property 18 years, 3 months ago
I cannot say what other people do. However I have purchased property for clients in Australia, New Zealand and now the United States. I have one firm rule. I never buy anything without inspecting it in person. Whether the property is for me or a client. Whenever I buy a property it is normally subject to finance, a building inspection and if it is…[Read more]
Nigel Kibel replied to the topic Investing in Melbourne in the forum General Property 18 years, 3 months ago
I mainly buy for clients. I was just using that as an example. Clearly if someone searched they would have found my name. I was just refering to the area. I was not trying to sell the property. Infact if you bothered to read my post I referred to St Kilda or Elwood. I am handlying this property in Altona for a friend. You would not have to be…[Read more]
Nigel Kibel replied to the topic Buying Agent? in the forum No Subject 18 years, 3 months ago
there are a number of buying agents who do not really understand property investment. Make sure that the person you use has a reasonable knowledge base. It is important to listen and ask question. I always suggest when people are dealing with me that they question my advise as at the end of the day its their money.
Nigel…[Read more]
Nigel Kibel replied to the topic buffalo investors wanted in the forum No Subject 18 years, 3 months ago
It also makes far more sense to invest in a city like San Antonio in Texas or other parts of Texas for that matter. The local economy is far stronger and you will get capital growth as well as great cashflows.
Nigel Kibel
http://www.propertyknowhow.com.au
check out my new web siteAustralian and New Zealand The United States Property Researcher and…[Read more]
Nigel Kibel replied to the topic Melbourne apartment in the forum Help Needed! 18 years, 3 months ago
you can still buy great apartments in areas such as Elwood and East St Kilda. You better to buy established property as it more more likely increase in vaue
Nigel Kibel
http://www.propertyknowhow.com.au
check out my new web siteAustralian and New Zealand The United States Property Researcher and education
One Day property investment research workshop…[Read more]Nigel Kibel replied to the topic Investing in Melbourne in the forum General Property 18 years, 3 months ago
Personally I would always buy 2 bedroom rather than a single. That way you have more chance that an owner occupier will buy the property rather than just an investor. The only problen you have is that $250,000 is a little limited for the better areas. You might try East St Kilda and areas such as Bentleigh also re good value. On the other side…[Read more]
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