You will get used to Freckle he bashes everyone just check out my posts on America lol.

You can make many in any market so it depends on your strategy. If you are trading there maybe good opportunities to make money. Markets like the Sunshine cost tend to be boom and bust. I believe that in Australia if you invest in major cities you investment should provide you with solid growth and also low vacancy.

I think Brisbane is still undervalued and if you buy carefully within 10-12km of the city it will be a very safe bet.  That not to say that the Sunshine coast could be ok however history has shown that what goes up can quickly go down. Generally fall are not as great when you invest in Prime locations.

hi redwood

i have sent you an email

by the way love Detroit  NOT

With the number of good markets why risk  Detroit

Generally in Australia the entry point for commercial property is a lot higher than residential. especially when you are talking about blue chip property.

Just this week we closed a deal in Florida, it was a 3 story office building that we brought for 1.4 million dollars with $660,000 down with the balance funded for 4.75% for 36 months. When this property is fully let the cash on cash return will be around 35%. 

So there is nothing wrong with commercial real estate however you must look at each deal on its merits. The above deal will also increase in value for 1.4  to around 1.8 million and that is a conservative figure. So if you are interested in commercial do your research carefully look at properties were demand will be strong.

Your investing will often be successful based on the quality of people you are dealing with. You can be in the best market but if you are dealing with a fool you will lose money.

There are some good experienced people on the forum. I have a partner in Florida and we deal with commercial property and apartment complexes because you can borrow up to 70% through the banks. 

It is important that you develop a strategy as to why you want to buy in the United States. If you are doing it because you want to create a separate income stream in the United States then that's great. However if you want to buy a cheap property because you cannot afford to buy in Australia then think again. It is important to develop a plan that makes sense and a solid reasoning for wanting to invest in this exciting market. 

Funding is more available than ever before. We are able to obtain between 60-70 on non-recourse loans on commercial property including apartment complexes. Now you could not get these loans 12 months ago. What this means is much higher cash on cash returns.

The fact that Richard has been able to get loans for UK citizens for sometime indicates it is only a matter of time before we see cheaper investment loans on houses for foreign nationals

I like Brisbane at present

However most people lose money because they do not know what they are doing. Remember most people lose money in property because they do not do enough due diligence. So either learn your trade or get involved with other people that are already doing it. At the end of the day its your money so don't lose it by rushing in.

Generally you will not be able too borrow so single family homes

However you can buy an apartment complex and obtain a loan of between 60-70% on a non recourse loan in other words the loan is based on the asset.

These type of loans were not available to foreign nationals 12 months ago. However many commercial banks are now offering these loans

The problem with all of these companies is that they are businesses with often large overheads. Therefore they recommend properties that they are generally make large commissions from. Now I do not object to them making money. However they should be at least recommending high quality properties rather than house and land packages or tiny cbd apartments that no one wants. I am not saying that this company does these things however before you buy DO SOME DUE DILIGENCE.  Its not that hard see what properties are selling for in the area. 

I always tell my clients to do there own due diligence. Read as much as you can and try and form your own opinion.

In Australia many of our clients go to the US embassies to get there documents notarized. I have found no issues with the banks once we have done this

It works the same way with Florida and it does in Texas

I will certainly look into this bank. I was not aware that finance could be obtained for finance under $100,000. So that would be a further game changer