You can try american family insurance or state farm.

I have been investing in the Atlanta market for years now. Its predicted to be one of the growth markets for 2015.
http://money.cnn.com/2014/12/04/real_estate/hot-housing-markets/

I have mainly been targeting newer constructed dwellings, a 3 x 2 you may pick up for 60 – 100k and achieve a NET yield of 8 – 10% after paying insurance, HOA…[Read more]

please do tell us who is running this course.

They should throw in a house for that price! and not in detroit!

Are you kidding me? 25k – 45k for a course on how to invest in the USA? That is absolute robbery.

I have never heard of this course. Who is running it?

Wells Fargo (at least in Atlanta) will not set up a bank account without clients visiting a branch.

Its still possible to do through other banks if you have the contacts. A good attorney that deals with international clients can usually help out.

Hi Engelo,

Would love to catch up with you and share stories.

I tend to agree with you Angelo on the US offering much better opportunities than Australia. In my opinion we will see more capital appreciation in the US than in Australia in the short to medium term and much better cashflow. I have invested in both markets but have not purchased any Australian properties for 7 years now.  Have been buying in the…[Read more]

ausinvest wrote:
Check out
http://www.au1property.com
They have partnered up with Ray White Real Estate to sell there USA stock.

Just had a look at their website. The asking prices are insane on their Atlanta stock! (way high). It appears every property yields 8% so the asking prices seem NOT to be based on comparable sales but on the minimum yield…[Read more]

USA Investor,

My take on your comments
"I tend to agree that those now entering the market are lambs to the slaughter. They will be hoping for increases as have occurred over the last year or so but they don't understand the limitations of the US general public to be able to afford housing even at the relatively low levels that current prices…[Read more]

Jay,

In regards to your comment
"Rare is the house that one just walks in and vacums the carpet and cleans the windows and sells the home… be it owner or renter  what we typically see in reno is >  New flooring, new cabinets , new appliances, new bathrooms, landscaping paint  in and out.  were as I am sure there are many readers of this forum…[Read more]

Wells Fargo was previously setting up accounts through attorneys however this has now changed.

This is their process.

A non-U.S. citizen without a taxpayer identification number may not open or be added to a deposit account, IRA/ESA plan, Express Send agreement, or safe deposit box as an owner or with transaction authority unless they are…[Read more]

Alex interesting post….

You noted in your post “My first concern is that Americans in general  do not move to rental areas” What is your definition of a rental area? Would a 70% owner occupant, 30% rental fall into this category? What percentages are we talking about where by your definition a property would be considered to be in a “rental…[Read more]

Jay,

You are making some assumptions about our business model which are incorrect.

Your business model is interesting. One question for you, how do you determine the price of the note?  If for example you source a property at 40k, spend 8k on rehab and 2k in closing costs, do you sell the note for 50k or do you make a margin upfront as well as…[Read more]

Jay,

When we decided to set up our business we had input from a US attorney of how we should structure ourselves to operate within what is allowable by law. We followed that advise and operate within those rules.

Would love to hear more about your product and how you get paid. I believe you work on an upfront fee and some equity share…[Read more]

jayhinrichs wrote:
Karina,

so if I understand you right your negotiating a sale between a seller ( in this case a bank) and buyer and your charging a facilitation fee.

Are you a licensed Real Estate broker in GA… How do you do this legally if your not , just curious really.

Jay,

I guess you are asking me how are we negotiating the…[Read more]

Jay,

Thanks for listing the county information.

I was a little confused by your comments
"So its pretty difficult to break into the flow of this, and compete against the regulars that have been doing it for years. ( and thats what I think has been labeled on this site as first generation wholesalers.. they buy at auction then flip to companies…[Read more]

Jay,

Can you share the 7 counties the institional buyers are purchasing in?

Gwinnet and Dekalb were named in the Wall Street Journal article you posted. I would be interested to know the others they are targeting.

Karina Perez Ronderos
http://www.selectamericanhomes.com
+ 412 900 111

Speedy,

We havn't done any deals out in Temple so can't give you too much information on that area. $50 sqft seems high to me. I would be aiming for closer to $30 sqft. We did source some properties for WI and other investors at $20 sqft  (and under) but most of those deals were in 2011 or early 2012.

In regards to whether its too late it…[Read more]

WI,

Just had a quick look at Lithonia rentals. There are executive style homes, really nice, large brick fronted homes on big lots that have asking prices of $1500 – $2800 month. Obviously these properties would demand much higher purchase prices than those we are targeting for cashflow.

Different calibre to the Belmont's and course side…[Read more]