I could not agree with you more. Clearly with a population of 293 million there are more opportunities than there are in Australia. Particully through forclosures. However you also have to know what you are doing. A professional investor should be able toinvest anywhere. To do so means that you have to do the research.

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand The United States Property Researcher and education
One Day property investment research workshop The United States. Please register your interest

Hi Don

Sounds Interesting

I think it depends on where and what. Cheap commercial deals are only as good as the tennant.

Certainly worth a review.

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand The United States Property Researcher and education
One Day property investment research workshop The United States. Please register your interest

When properties are forclosed in Australia theyt are given to Real Estate agents to market. In many cases you would not know that the property was a forced sale. In terms of siezed property, what happens here is after a Supreme Court ruling is made a property is siezed by the Sherifs department and put up for Auction. The Auctions are normally held at the Sherrifs office. The main difference between this and say the United States is that in Australia you are only bidding on the available equity in the property. Even if you are the successful bidder it main still take time to gain control of the property. The equity that you are bidding on is determined by a curbside valuation. That also determins the reserve. It is very hard to pick up a bargin this way. I spent a great deal of time looking into this a few year ago. Including speaking to the sherrifs offiice

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand The United States Property Researcher and education
One Day property investment research workshop The United States. Please register your interest

It is difficuilt to buy properties in Australia that have both cashflow and capital growth. Many properties in regional areas in Australia are overpriced. There are certainly opportunities outside Australia with New Zealand and the United States being just two countries. There may well be some great opportunities in China as well. However with all opportuinities there are always issues and shortfalls so it is important that you do you research

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand The United States Property Researcher and education
One Day property investment research workshop The United States. Please register your interest

I have just refinaced through Macquarie Bank on a 80% no doc loan the rate is 7.25% for the first year then it reduces by .25% in the first and another .25% in the second year.

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand The United States Property Researcher and education
One Day property investment research workshop The United States. Please register your interest

I have dealt with both Cameron and his brother Alistair on a number of occasions. There background is town planning so there is little they do not understand about property investment finance

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand The United States Property Researcher and education
One Day property investment research workshop The United States. Please register your interest

Much of regional Australia is overpriced. There is little point buying property that will not go up in value, that will not help you especially if it goes down in value. If you can not afford to buy yet start researching. Look at an area that you think may go up and get to know it like the back of your hand.

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand The United States Property Researcher and education
One Day property investment research workshop The United States. Please register your interest

If the course gives you the motovation then it has been worth the money. Doing research ids not hard. You need to decide on an area and get to learn it like the back of your hand. You will be suprised how quickly you will gain an understanding of prices.

The only problem with most courses is that they are designed to make more money from you. The reason is that most people want an easy way to make money. The 3 day acadamey is great providing that you go into it with your eyes open and are prepared to learn. The problem with many people on this forum is they forget what it is like to be inexperienced. Clearly if a course can save you 6 months then it is worth while.

Once you have a better understanding you can build your own team of experts to help you out.

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand The United States Property Researcher and education
One Day property investment research workshop The United States. Please register your interest

I have in the past spoken at the Richmastery Acadamy. i also know that they have some great speakers. If you are new to investing then this will give you a good grounding. The three days will be tiring but you will learn a lot. Just remember that the three days they will also promote there products such as mentoring software ect.
Its true that you can learn without paying for information but it can be a costly to do so. Just remember that Richmasterys main push is positive cashflow. This acadamy will give you some of the awnsers but not all, it is unlike most education seminars very interactive.

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand The United States Property Researcher and education
One Day property investment research workshop The United States. Please register your interest

You really need to look overseas to obtain good positive cashflow deals. The closest country would be New Zealand where you can still obtain good cashflow in the main and some secondry cities. I have also been doing a great deal of work in the United States, however banks will only lend around 70% and property taxes tend to be high. However there are still good apportunities there.

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand The United States Property Researcher and education
One Day property investment research workshop The United States. Please register your interest