Simon – <edit> – I know Atlanta fairly well and am not a promoter. The key to success is having a good team on the ground. Otherwise horror stories (which were described in a different post by have now been removed!!!) could occur.

You should still get some information from guys on the ground, Nigel who posted above is a reputable person who deals in the US as does the groovy Engelo who is up north.

Craig – you can call me anytime for information on US Invest. I will be happy to assist anyone with an objective opinion, most people who know me will know that if you ask a question, I provide a honest and objective answer.

Cheers, Ivan

KURN, yes you can, I actually done a TV interview on the topic (the Sydney Airport car parks). Car parks are a popular investment for SMSFs and its seen as a cheap way to enter the property market – that is a 12 sq mt piece of concrete that earns good yield over 5 years, but you need to consider other costs such as city levies, and the possibility that the space will be vacant. Don’t be blinded by ‘net’ yield, think what else you can do with $100k, I have a heap of strategies that our clients use to enter the property market with a similar balance.

Hope that helps
Cheers, Ivan

Riky Hidajat wrote:

I’ve been to Shanghai for about a week. I can sense the proud the citizen is having towards themselves. The problem is not they having such an attitude, it is the attitude they have towards non-Shanghainese. Do you feel that? What do you you think about that?

My partner is Shanghainese, all other chinese dislike Shanghainese, I can’t explain the reason but its cultural. Shaghainese are proud, but hilarious at the same time, seeing men carry their missus handbag is just messed up. My partner would never ask that.

When a go to a networking fcn, many chinese are cold towards my partner usually as she is shanghainese – feel so good when you see another shanghainese person that is a little more friendly. I love Shaghai….much like New York….

Cheers Ivan

Hi Riky,

Thanks for your input
I’m there for someone else’s wedding, i’ll reply to your pm soon.

Cheers, Ivan

Adrian – where you at – you we chat updates leave me curious.

I’m in Shanghai later this month – maybe we can catch up for pijiu.

Stay well

Cheers Ivan

Hi there, echo the comments above, a qualified review of the contract is required by a qualified solicitor/ conveyancer in your state, i.e Terry if you are in NSW.

There can be so many hidden surprises that if you are new to property you can easily miss with the developer/ agent saying ‘its a standard contract.’

I always look for the special clause.

Get out while you can, step back do a wee-bit more research and make the right decision.

Cheers, Ivan

Agree nigel – I’ll talk more with you about the topic we spoke about before you left. We have a new office at 304 Middleborough Rd Blackburn which I am at most days so drop by.

Glad your trip with fruitful.

Before I close – yes Engelo we need to speak.

Cheers, Ivan

Kev wrote:

Is there any Financial Institution that can lend against Investment Properties in USA?

As Tezza said – no Australian institution will that I am aware of however there are US lenders that will lend to Aussies. We do the SMSF side which is quite complex, however you can buy in your personal name and get a loan from a US lender too….

Cheers, Ivan

Lets hope people or potential investors watch this and please seek a 2nd opinion and not sign blank forms!

Cheers Ivan

Ollie wrote:

Just to tag onto this post, can you turn an existing IP into a SMSF?
thanks Ollie

Hi there, unfortunately its a no – many a client asks this question and unfortunately I need to pass on the bad news.

Cheers Ivan