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Thanks for that guys, I have spoken to a few of the ones mentioned above. I realise they are running a business however I do not like the idea of payment upfront before you know what is totaly invlolved.
Nigel,
I hope you will keep us informed on how you go over the next few weeks. I would be very interested in hearing on your deals and others once you are up and running.
Paul
Michael,
Thanks for you help and ideas, I will be looking at your blog and see how the trips goes and to source current info. I have the forms for the IRS an will lodge in OZ.
Nigel,
I am looking a testing the waters and purchasing 1 cheaper property to start. Looking at doing this with out traveling to the US to start. I know this is a bit risky, but I am look for a goo web site to do this through. I have looked at a few aussie sites but they all want cash up front before they talk to you.
Once the one property work outs I will plan a trip over to get more. If you are going to provide this service shortly I would love to have a chat.
I have looked at a few UK property investment sites which seem to be better than the aussies. I guess you have that problem of distance though.
To any one that has bought property of the web,
Any feed back or experiences on investment companies would be good.
The comment about HSBC is correct, you can open a bank account from OZ, however they have increased the cost to $200. Most be popular now.
I have also looked at companies online to start a LLC you can get it as cheap as $135 USD to start in Delaware.
Paul
Michael,
Lucky you heading over to chase the dream. I have just starting looking inti the same thing. Have you investigated starting a LLC to purchase the properties under. I am thinking of starting one in Delaware. One bit of info I am haveing trouble with is the US tax number. If the company is a partnership between 2, do I need 3 tax numbers or just one for the company?
Good luck with the trip I look forward to hearing the results.
Paul
