At Cash Flow Capital we provide a national service. We only deal in investment. The advantage to our clients is that we can source properties nationally therefore buy properties in the best markets whether they are cash Flow or growth properties. In my view we offer one of the best services in Australia. We are also offering a mentoring program which I run. In this program we offer development opportunities. The other service is how to buy safely in the United States.

I have a business partner on the ground in Texas. But I would agree that there are to many people who do not know what they are doing

Richard

I believe the changes to the credit laws will make it more attractive to buy in the United States

I agree with Ambrosh

I personally focus on the Texas market which is far more stable and offers strong future growth

I find Texas to be one of the best and safest markets to invest in America
Lets look at why
If Texas were a separate country it would have the 10th largest economy in the world
It is the highest export state in America
Despite the debt in America, Texas has no state debt
It is the fastest growing state, with over 1000 people per day moving there.
The state unemployment is way lower than the rest of the country
70% of jobs created in the United States in the last 12 months we created in Texas

To me where ever you buy must be based on the long term viability of the area. Does the city have growth what is the potential for the area to expand. You need to ask the same questions as if your were investing here.

To may people buy in the United States because it is cheap. It is true that you will get great deals there. However the real cheap properties being sold by the banks have 2 problems firstly if they are so good why will the banks not finance them and secondly they are often in dying or at least declining cities.
What I like about Texas is that you have cities with many industries not like some cities that have not kept up with the time and are now paying the price.
Finally as my business partner often tells me you can be in the best market anywhere however if you are dealing with an idiot it is still a problem.
Do you research carefully, if you are going to use an buyers advocate then make sure they have been involved for a time and not the last 5 minutes. I first got involved in Texas in 2005. I then ran a real estate firm in 2006. I do not claim to now everything but I think I have some idea about that market
Happy research and investing.

T. Van Alston, CPA
Partner
Padgett, Stratemann & Co., L.L.P.
100 N.E. Loop 410, Suite 1100
San Antonio, Texas 78216
Telephone: (210) 828-6281, Ext. 1503 ~ 1-800-879-4966
Direct Line: (210) 253-1501 ~ Mobile: (210) 313-0814
Fax: (210) 828-8606
Email: [email protected]
Web Page: http://www.padgett-cpa.com

This is a great account

I agree with much of what has been said. It is important to keep in mind that currently the USA appears to be a great place to invest. However many of the operators and new companies are not really experienced and as such will give there clients bad advice.
The other trend is to target people that cannot afford to buy in Australia by promoting really cheap property with so called high returns. However it is important to look at the facts. Many of these cheap properties are being sold by the banks, they will not provide finance, so that tells you the confidence they have in there own properties. Many cities in the United States have high unemployment and vacancy rates of 15-20%. If you are going to buy in America you should only do so if you are wanting to build a separate income stream to what you have in Australia.

If you really want to invest in the states you have two choices do it yourself, in which case you will need to spend at least 3-4 weeks on the ground just to get an idea of what you are doing. Or use a professional like me who has been doing this for quite a while. I ran a real estate business in San Antonio in 2006.

In terms of charging for what I do, I provide a mentoring program where I will teach people how to invest in the United States. Keep in mind that for me to go to the United States and spend 2-3 weeks on the ground costs me around $5000. I can also assist clients to acquire property there.

What is important is for you to do your own research and that means questioning anyone who offers you advise.

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

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 next time. I used to have a great contact there but he has left the industry.