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I read your blog you brought in Dallas, a very good city.
The biggest problem is to find reliable people to work with. I have a full time business partner in San Antonio I find that works Well. Did you have a contact there or did you work with agents?Nigel Kibel | Property Know How
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The left are already attacking Rick Perry. What is laughable is that Obama is trying to take credit for the jobs growth in Texas.
Perry has been Pro business, for instance he approached Toyota and offered them a 99 year tax break to relocate there Truck division to San Antonio. As the second plant opens they will employ more than 6000 people. This is a direct result of Perrys leadership. I think he stands a great chance of winning the nomination and then the presidency.Nigel Kibel | Property Know How
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I may be in Australia but my business partner is in San Antonio. Also I do not deal with real estate agents.
Frankly I have been doing this for 5 years and am more than happy with the results of my clientsNigel Kibel | Property Know How
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I have been involved in the San Antonio property market since 2005. I even ran a real estate firm there in 2006. In the top 10 predicted cities all 4 cities in Texas are in the top 10 with Austin at number 1 and San Antonio at number 4. Both cities are 110 km apart. Why buy in bad areas when you can invest in a safe market. <moderator: delete advertising>
Nigel Kibel | Property Know How
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take a lot at our webinar on the US. Just click on the US link. I have been involved in the Texas Market since 2005
http://www.cashflowcapital.com.au
Nigel Kibel | Property Know How
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Hi Margaret
I have not heard of the group either, however there seem to be many companies dealing in the United States. I have been involved in San Antonio Texas since November 2005. I currently run services through Cash Flow Capital. If you go to the web site and click on the US link you can watch a 70 minute webinar I did recently. Just look at it from an information point of view.
My experience is that the most important thing about US investing is who you are dealing with on the Ground. Hope this provides you with some information.
Regards
Nigel Kibelhttp://www.cashflowcapital.com.au
Nigel Kibel | Property Know How
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This is a really bad market. This is a city that has lost 50% of its population since 1950. There are much better markets to invest in the United States
Nigel Kibel | Property Know How
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I run the mentoring program for Cashflow Capital and we will be running free introduction seminars across Australia. I would be happy to have a chat about what we do. So send me your contact details I would be happy to have a chat
Nigel Kibel | Property Know How
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With the system we run in Texas you can pick up a property worth around $120000 for around $20,000 because we make sure that the existing mortgage in the property is transferred with the deal. We have just finished our third tour to Texas
Nigel Kibel | Property Know How
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The problem is that many people who are investing in the United States cannot afford to buy properties are are sucked in to buying one cheap property. However many of these people will loose money.
I only deal with people that want to build a large quality income stream in the United States
Nigel Kibel | Property Know How
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Texas has a 3% property tax but no other taxes. The only city that has no zoning laws in Houston. However strong zoning laws apply in most of the rest of Texas. I do think that there are issues with many other locations. It is about doing your own detailed research.
Nigel Kibel | Property Know How
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If you are looking for a broker in Melbourne go for the best. That is Alistair Perry who often comments on the forum. His office number is 0396621999. Not only does Alistair specialize in investment but is also an expert on construction finance.
Nigel Kibel | Property Know How
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Make sure that you do a full title search on any property you are going to buy. I was looking at a small apartment complex that was only $120,000 offering vendor finance. When we did the checks there was a $200,000 tax lien against the property. bIf it sounds to good to be ret it probably is.
Nigel Kibel | Property Know How
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It sounds to me that you also have a vested interest in your comments
As I have mentioned before I do not get clients from Property investing .comSecondly I do not bag people but wish to point out the issues of investing in some areas. I have also been to the United States on many occasions and even ran a real estates firm in Texas. So after 6 years of investing there I also think I have some idea of what I am talking about.
If you have comments to make about Texas then please make them. I have always said if there is evidence that Texas is a bad place to invest then present the information. To me a city that has lost 50% of its population since 1950 is not a good place to invest. If Dan is providing a personal services and is working on the ground then people may be able to make some short term money. Quite frankly your comments are rude and I do not make rude comments about people. My comments about the rapper were meant in jest. However if people make claims that a city is a great place to invest they should also hear both sides. My experience is that many investors do no where near enough research when buying property. The same thing happened 6 years ago and many Australians lost money.
I would agree do your research very carefully. If you are going to invest in a city like Detroit then go there and see it for yourself. In my view there are safer places to invest. However go there and make up your own mind. I encourage of my clients to Visit Texas and do there own due diligence.
Nigel Kibel | Property Know How
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The housing market is very stable. Finance in general is still a problem. Our system is a little different we take over existing mortgages within the properties so it is possible to buy a property worth around $120,000 and only need to invest around $20,000. If you send me your details I would be only to happy to discuss what we do in more detail.
Nigel Kibel | Property Know How
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I am being a bit tongue and cheek regarding the 8 mile comment however a market with half the population since 1950, a 29% umenployment is not a great place to put your money. I deal in Texas which to me is far safer
I believe you can make money anywhere. However I have not seen to many good people on the ground. I have been involved in the US market since 2005 and even ran a real estate firm in Texas. However you may be great operatorsNigel Kibel | Property Know How
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Well thats your opinion. I would not touch Detroit especially when there are far better areas for investors to put there money. Many Australians will loose money in the US by investing in bad markets. I am not pointing the finger at people here however many market groups push places like Detroit because it is cheap and target people that cannot afford to buy property in Australia. I am sure that you deal in a different part of the market but why buy in a city without a future. You only have to look at the film like 8 miles.
Nigel Kibel | Property Know How
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If a city has lost 25% of its population in the last 10 years and over 50% since its peak I would say thats a pretty good reason to stay away. Many of the so called great deals are in areas that no one has lived in so 30 years. There are many other areas in the US that are far better.
Nigel Kibel | Property Know How
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Hi Highincome
I could not agree more I say a month because so many go for a week not even sure what market they are looking at.
The $20,000 Plus amount is for a number of things, sometimes there is a great deal of equity so we pay some of that to the previous owner. In other cases there can be back taxes, the mortgage needs to be brought up to date in other cases some renovations may be required. In every case all the figures are accounted for.Nigel Kibel | Property Know How
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Get up are left wing rat bags
Nigel Kibel | Property Know How
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