Hi there,

Broadmeadows still is cheap – and for good reason. Most areas will have a crime here and there and that should not be the main influencer for you. My issue with Broady is infrastructure. There has not been a large deal, train station and surrounds still looks like crap and not a huge amount of development. For schooling, there is a tick…[Read more]

Hi

Both Nigel and I can have LLC and bank accounts set up from here. No point trying the IRS website mate.

Before you set up a LLC – you need to decide WHERE you will invest as that will generally dictate in which state you will incorporate the LLC. I.e buy in Georgia and incorporate in Georgia, this will depend on your strategy, i.e 5…[Read more]

Hi mate –

being in a building family, I am lucky that I don’t have to do this, we have a good team that I just call and they get a quality job done and at a fair price.

Depending on the type of job – haggling will be a waste of time, if you need a handyman, by all means just google a tradie and get some quotes, however, if you need a reliable…[Read more]

Hi there, and welcome to the forum.

Without the necessary due diligence, you may as well head to crown and bet on black rather than investing in the states.

You can purchase a property very easily in the states in good locations for $60k with 50/50 cash/finance for a really good property in excellent location or 100% in most locations.

However,…[Read more]

Further to the above recommendation, give Terry a call, Terry has provided input on this forum for years and I know him personally,and refer work to him.
He is a lawyer, a planner and a tax specialist, so he is a well rounded individual.

Cheers, Ivan

Hi there,

Spring does have an office in Brisbane – Richard would you like to share your experience to assist others reading?

They don’t fit into the ‘one-stop’ shop category as they seem to outsource finance and most likely PM.

Cheers Ivan

Thats funny Engelo – I send that ebook to clients (with Jay’s permission). He was chatting to one ofmy clients yesterday I believe.

Its a few years old but the same principles apply from slumlords, to Guru’s to bloody spruikers (of which many have disappeared but enough there to continue ripping people off).

Jay mentioned that he has been…[Read more]

I just had the displeasure of watching this one.

Looks like the shirt buttons are undone and you ditched the pants – showing off the Croatian thunder thighs :D Pretty scary stuff mate.

Why the hell are you wearing a superman shirt.

Sounds like all is well there Engelo,…[Read more]

Hi Stumpie, Nigel has a team on the ground in Florida, he may actually be there now or in the next week or so, and his business partner is based in florida.

What are looking to do? Nigel definitely has great contacts on the ground from his partner, to PMs and multiple accountants/ attorneys, so reach out to him in the first instance to assess…[Read more]

Nigel is correct. You will need a tax return in the local jurisdiction in the states and there is a double tax agreement between US and AUS so a foreign tax credit is received to avoid double taxation.

Cheers Ivan

Hi Brett,

Welcome – capital gain and cash flow well thats the golden question isn’t it!

We are seeing significant investment in Atlanta, Athens Georgia. Also a heap in Florida and TX. But this investment depends on your structure in AUS (i.e personal v SMSF) and also your investment strategy which may be quality v quantity. For instance you will…[Read more]

Sam – well done on your achievements to date – the majority of SMSFs set up are by members aged 25-45, SMSF members are getting younger and smarter – its never to early to take control, perhaps you could have taken control earlier and accumulated more than $140k….

Re 6% yield thats a struggle mate.

Cheers Ivan

Hi Lotte – I know quite a few people on the ground that can assist you, but in the meantime reach out to Engelo who works in the area – he may have a yellow ladder story to assist you :)

Cheers Ivan

Hi Tai –

Be free to share what you strategy is and what you are looking for and I am sure the members here will be able to provide you with valuable input for your strategy – from there, you can consider a buyer agent.

Cheers Ivan

Hi Sam –

Trust all is well.

Before you engage a property agent – you need to consider your strategy and determine whether property is right for you (after understanding the risks and benefits of an SMSF).

Investing interstate is risky – I have seen some success stories and many and I mean many horror stories.

I guess I would like to say -…[Read more]

But I trusted them….

I usually hear that when clients come to me after their hard earned $$$ are lost.

Cheers, Ivan

Sound advice Jay and welcome back, great to hear your impartial and expert advice on the topic – I am sure Freedom and other potential investors take this on board.

I am increasing confused at the ‘trust’ that Australian investors place on the US Promoters, throwing thousands or hundreds of thousands of dollars in the hand of the promoter without…[Read more]

Echo Jamie’s thoughts (who could disagree with this guy).

Student apartments are poor investments – difficult to finance and poor capital growth (much like a serviced apartment).

They are also not what they are cut out to be re returns – which can be variable.

Big miss for me

Cheers Ivan

Don’t give them a backlink please you can find them through a google search – make a dummy enquiry and they will hound you non-stop.

Got a selfie pic from one of my clients who is in Vegas at the moment on one of their conferences – she has not learnt a thing.

Again – people choose to pay these ridiculous amounts, me – I just don’t get it.