Total Members: 159,197

sapphire101

  • sapphire101 replied to the topic Aussie off to buy US property – anyone want to join me?? in the forum Overseas Deals 14 years, 8 months ago

    <!– /* Font Definitions */ @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:-1610611985 1107304683 0 0 159 0;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4; mso-font-charset:0;…[Read more]

  • sapphire101 replied to the topic “property managers” too busy to manage properties! in the forum Opinionated! 14 years, 8 months ago

    Avoid Stockdale & Leggo ( Frankston and Melton, Vic). The Melton agent I found was sending important company documents to a private address we didn’t live at instead of the company office, had no follow up systems in place and forgot to resign a lease amongst other things, the Frankston crew, I don’t have the time to say here, all of the…[Read more]

  • sapphire101 replied to the topic Aussie off to buy US property – anyone want to join me?? in the forum Overseas Deals 14 years, 8 months ago

     I still dont see just one of the $40k house purchase titles with your name on it Vince. The one's you just love to buy remember?Michael and Bronwyn, we are not arguing about the population of Atlanta or greater Atlanta or the fact that Wikipedia is not a credible source for anything. In fact we are not arguing at all. I repeat, I take my hat off…[Read more]

  • vselleck wrote:

    bek_leigh wrote:
    Hi VincentI have contacted Michael but unfortunately I haven't heard back from him.  I'm extremely interested in purchasing some properties in the USA.  I would like to know more about your services but I would also like to do some more of my own research.  How do you narrow down your search to select the ri…[Read more]

  • sapphire101 replied to the topic Investment property purchase in The USA in the forum Overseas Deals 14 years, 8 months ago

    Below is an email from the senior lending officer at HSBC in NY. Because they are an international bank with branches in Australia, by the way, they are not as closed as US banks.They may be a way for you to continue.Also contact the guys at GlobalProperties.com who arrange for Aussies to buy in Texas through their contacts. They probably would…[Read more]

  • sapphire101 replied to the topic Cheap Reno Gear – Melbourne in the forum Value Adding 14 years, 8 months ago

    I am not a distributor and it's Melb only, but send me an email : sapphire101@bigpond.com

  • sapphire101 replied to the topic USA Investing -My Opinion Only in the forum One other thing, how well do 14 years, 9 months ago

    One other thing, how well do you know Atlanta? Population 540,000. Half the size of Adelaide.

  • sapphire101 replied to the topic USA Investing -My Opinion Only in the forum Overseas Deals 14 years, 9 months ago

    Hey VincentYou're a funny guy! You contact me on my personal email to enquire as to whether we can possibly work together, then infer I am am an uninformed Mr Smartypants on the forum.Sorry I hit a nerve with you with regard to your credentials, but I wasn't picking you or your business out specifically, in fact I have never heard of you until…[Read more]

  • sapphire101 replied to the topic USA Investing -My Opinion Only in the forum Overseas Deals 14 years, 9 months ago

    OKeydokey Oklahoma is the only state in the USA with the no foreigner land laws as far as I know. Hard to pick areas that are on the up. Look at the economy of the state first, look for job growth, look for infrastructure dev. – same as here in Aus. Many of these point to Texas and Austin is doing reasonably well, also San Antonio, Houston to a…[Read more]

  • sapphire101 replied to the topic USA Investing -My Opinion Only in the forum Hi Tuli34
    From the latest
    14 years, 9 months ago

    Hi Tuli34From the latest figures out on the US property market Cleveland is actually making a comeback after being one of the first to hit the bottom. I have seen some great multifamily deals in Cleveland but know little of the city.Useful tool, among many is http://www.housingpredictor.comIn answer to a couple of questions…FHA stands for Federal…[Read more]

  • sapphire101 replied to the topic New Zealand Deals Everywhere in the forum Overseas Deals 14 years, 9 months ago

    Hi VickiYes I am going over and if in HB i will contact you for sure. I've also found property returning over 7% but didn't want to list everything here, just the fact that there is opportunity when you look. I did think a fully renovated set of 3 units pulling $800pw was an OK buy and hold though, considering the growth of that little suburb by…[Read more]

  • sapphire101 replied to the topic New Zealand Deals Everywhere in the forum The only resource to use for 14 years, 9 months ago

    The only resource to use for investors in NZ just became available. It costs a bit ($70pm Aus) but is the one stop shop for property evaluation. Google IAdvise NZAnyone found the property billboard website useful?

  • sapphire101 replied to the topic Investing in New York in the forum Overseas Deals 14 years, 10 months ago

    Singer why would you buy a rent controlled property? ( And Wikipedia is not the best resource). There are thousands upon thousands of alternative properties where you control what rent you charge.

  • sapphire101 replied to the topic New Zealand Investment in the forum Overseas Deals 14 years, 10 months ago

    Just bought property in NZ – there are some great deals there now contrary to what people may be telling you. The NZ economy hasnt been hit as hard as it normally does during downturns and some areas are showing growth equal to many in Australia. Most importantly there are some seriously motivated sellers.Am about to buy again and have a $80k…[Read more]

  • sapphire101 replied to the topic Investing in New York in the forum Overseas Deals 15 years ago

    Hi MJContact me – sapphire101@bigpond.comI am from Melbourne living in NYCCheersIan

  • sapphire101 replied to the topic USA Investing -My Opinion Only in the forum Overseas Deals 15 years ago

    Hi Jason,Congrats. You've certainly created an great niche with local knowledge and your website is excellent. With regard to multi family, you are correct in that the they do require greater management, same as in Australia or anywhere for that matter, but there are many upsides a single dwelling does not offer. Both sides are of equal value…[Read more]

  • sapphire101 replied to the topic USA Investing -My Opinion Only in the forum Overseas Deals 15 years ago

    Just my opinion re Detroit. I know of investors doing well there and a couple who are flipping houses making $20k+ profit per month but they are from Detroit and know the neighbourhoods well. Detroit has unusually high unemployment, many suburbs that would be difficult to maintain rentals in, a declining population and high crime rate so there are…[Read more]

  • sapphire101 replied to the topic USA Investing -My Opinion Only in the forum Overseas Deals 15 years ago

    I personally wouldn't buy in Detroit but this is a better reference to available props through Century 21 – they only list 250 out of 1700 available and this is only one…[Read more]

  • sapphire101 replied to the topic USA Investing -My Opinion Only in the forum There are literally hundreds 15 years ago

    There are literally hundreds of thousands of deals available now across the US. This is not an exaggeration of the numbers. I use software that brings up many of the bank owned properties daily. You literally just have to choose any state, and city and property selling anywhere from 2c to 90c in the dollar will be selected and there are hundreds…[Read more]

  • sapphire101 replied to the topic USA Investing -My Opinion Only in the forum One other thing….. with 15 years, 1 month ago

    One other thing….. with regard to all those people on this site offering to sell their investment properties in Buffalo, New York State. No offense to you, but there's a good reason for that and the fact they are all trying to sell since late 07, and throughout 08 says it all. Investors are like sheep most of the time and will follow other…[Read more]

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