Forum Replies Created
I am very interested in joining you to the US. Except I must admit it would be more for my benefit than yours at this stage. Unfortunately I have very little knowledge to offer CURRENTLY. I am a very inexperienced investor and have only just discovered the positive cashflow concept this year. If you are still keen for an honest yet very green companion, lets talk further to work out a collaborative working arrangement.
Rachael Wright
Originally posted by easymoney:Hi all,
I have been looking on the net for properties in buffalo after reading old posts I think it’s a good place to invest.
I didn’t really come across any houses but i found many unit complex’s which were 20% CoCr.One example is a block of four units for $85 000 paying $18,340 in rent per year with a net operating income of $12,202
All figures are in US dollars.If I refinance my home after one IP I have recently bought after buying Steve’s book I will have Aus$55 000 as a deposit or two.
I was wondering what other people think of the risk versus returns.
As i have no experience in the US i am planning a trip there in a couple of months, a return ticket is worth $2 406 leaving from Sydney. I was also wondering if anyone else would like to accompany me for company and so two or more like minded minds can strive foward for the same goal.
easymoney
Rachael Wright
