Total Members: 159,196

RickH

  • RickH replied to the topic offically mine in the forum Overseas Deals 13 years, 7 months ago

    good to here Rosa,I am similar to you as i cant really answer too many calls at work and I have found my emails are always answered quickly.Our account is with citizens trust and bank. We have aussie atm access to our funds 24/7 which is very handy.I wish you all the best with the next step and hope it all works out .

  • RickH replied to the topic offically mine in the forum Overseas Deals 13 years, 7 months ago

    I bought in Fairlane district of Kansas City Mo.

  • RickH replied to the topic My USA Property in the forum Overseas Deals 13 years, 7 months ago

    good to hear ….with your properties did you have to organise your own ReHab work or did they not need any repairs.Did Forclosed American Homes assist you with property management,legal advise ,taxation advise as well ?Good to hear a good news story I wish you all the best with your buying in Atlanta

  • RickH replied to the topic HSBC or Citibank in the forum Overseas Deals 13 years, 7 months ago

    Hi Jason,I have 2 accounts at the moment. 1 with Watchovia bacnk (soon to be closed as have now imposed $20 a mth fee) and the newaccount with Citizens Bank. The details are coming in the mail soon.Both accounts were set up via my attorny in the usa

  • RickH replied to the topic offically mine in the forum Overseas Deals 13 years, 7 months ago

    Hi Kwy,

    Thanks for your message. I ended up changing to House buyers as i became frustrated with the finance offer put to me taking so long and the never ending requests for more information for the bank (not MyUsa’s fault). then they decided to offer prperty in a totally different area to where they had ben and i started to have a few doubts. So…[Read more]

  • RickH replied to the topic further research for USA investing. in the forum Overseas Deals 13 years, 8 months ago

    simpily because you are unlikely to get 5-8%….you will be looking minimum 9-10% through most banks. Factor in mortgage broker charges and very high bank fees for overseas investors 1000's of dollars . I think you will soon see my reasoning

  • RickH replied to the topic further research for USA investing. in the forum good on you for all you have 13 years, 8 months ago

    good on you for all you have done ……. does make it tough. Things like property trusts ect may be another way to get ahead.I would talk with a financial planner advisor and discuss all options. Be prepared for them to discredir direct property investment as they can not help with that and it is not "in their interest" to reccomend it…..…[Read more]

  • RickH replied to the topic further research for USA investing. in the forum Overseas Deals 13 years, 8 months ago

    we were looking at buying 3 under part US finance. In the end got one for cash. The cash flow on paper was the same from one unfinanced as 3 financed. Feel a bit safer not needing to worry about overseas finance in the event of vancany.I personelly would not go down the path of a personal loan at15% to obtain a property in USA.Rosa if you are a…[Read more]

  • RickH replied to the topic offically mine in the forum Overseas Deals 13 years, 8 months ago

    thanks for all the well wishes …… will keep posting the life and times of owning a property i will never see *L*

  • RickH replied to the topic My USA Property in the forum Nigel,
    I used one of “those”
    13 years, 8 months ago

    Nigel,I used one of "those" services and I am more than happy with the results and convenience and for this a paid a reasonable fee.Without these companies i would not have made a purchase. Every business is there to make $$$$. Advertise the business in the appropriate area.Start a new thread : Companies who assist with US purchasing ect :  Then…[Read more]

  • RickH replied to the topic Watch out for Florida Vacancies! in the forum Overseas Deals 13 years, 8 months ago

    My KC property had multiple tennants wanting to rent it prior to closing .
    I hope this is common in KC but i dont know.
    Overall vacancy rates seem quiet low .

  • RickH replied to the topic My USA Property in the forum Overseas Deals 13 years, 8 months ago

    if they are doing it undercover then they are not openly promoting themselves are they.Your total of 9 posts on this forum would make you a very wise analyst on this forum.Thanks….keep up the investigations mate

  • RickH replied to the topic Financing for investment properties non-US foreign investor. in the forum Overseas Deals 13 years, 8 months ago

    cash out ?? please explain ?

  • RickH replied to the topic My USA Property in the forum Spuking is self promotion to 13 years, 8 months ago

    Spuking is self promotion to drum up business. To be honest there are alot of you doing it. anyone putting the company name and email address with the types of comments like” if you want to invest in this area ….call me ”
    that is self promotion.
    These forums are for people or investors personel experiences. If you wish to detail your personel…[Read more]

  • RickH replied to the topic My USA Property in the forum Can self promoters pls start 13 years, 8 months ago

    Can self promoters pls start a new thread
    If people want to read about business they can
    This thread is off topic and has become a battle of who can spuke the loudest

  • RickH replied to the topic My USA Property in the forum Overseas Deals 13 years, 8 months ago

    Rosa,Agreed, I pretty much work 6 days a week and havent the time to fly over and check out different makets ect.I have done my research online and now have contacts in my area of interest.I believe if i aquire more properties in the future I will use a local buyers agent and put the property in the handsof tmy current property manager …… it…[Read more]

  • RickH replied to the topic Looks like we have taken the plunge in the forum I puchased my property 13 years, 8 months ago

    I puchased my property through HouseBuyers USA. Tennent to be in place prior to closing.Over my journey I have had nothing but professional service and I believe the fee charged waswithin reason as it really is a one stop shop and everything is made clear and i found no details of cost were ever hidden.House looks to be well fitted out and I had…[Read more]

  • RickH replied to the topic Looks like we have taken the plunge in the forum Overseas Deals 13 years, 8 months ago

    Hi Treasure hunter,Happy to say i do have direct communication with property manager attorny ect. I would be a bit concerned if couldnt contact them directly without having to go through the original buyers agent.So I am looking forward to finding out if my decision was good or bad …….I think/hope for good !

  • RickH replied to the topic Looks like we have taken the plunge in the forum Overseas Deals 13 years, 8 months ago

    no worries Mike…… to be honest 24 hrs earlier and we could have been doing the deal. I am sure that property will go fast if it hasn't already. Well present well priced.The place we bought is only about 5 mins away that that place.I will reply to your email as soon as i can. I hopefully have saome ideas that may help you out

  • RickH replied to the topic Looks like we have taken the plunge in the forum Hi Alistair,
    We have had
    13 years, 8 months ago

    Hi Alistair,We have had property in Australia in the past and to find a property that nets ove $600 p/m i havent seen.We didnt borrow in the US and I dont believe the aussie dollar is going to remain at historical highs for ever.Even a 10% drop in the aussie dollar over time is all in our favour.The area we purchased is within 2 miles of major…[Read more]

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RickH

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