Oh dear! Thanks to Rikky, Alistair and Qlds007 It seems even with the due diligence that we thought was thorough it was far from adequate, I guess never assume that the buyers agent knows how the U.S business alliance will conduct their affairs .The lesson I have learned from this would be don’t hire someone to learn their business on your mone…[Read more]

Hiya Alistair
Yes the pipes frezzing was the reason we were given, what about the water pipes wouldn’t they freeze quicker? and $385 per month plus rent would make it more than I earn in a month at my job, to tennants.hmm
I’m heading in the direction of cutting my losses at this point which is a shame.
Have you prop. in other areas that are a…[Read more]

WARNING ON US PROPERTIES

Hi fellow invertors, I have a little heads up for all of you intending to invest in Rochester N.Y.
PLEASE DO NOT USE GENISIS Real Estate Company for any of your properties
We got the contact through Australian house hunters, GENISIS have been incompetent to say the least, and the only process that went smooth was the…[Read more]