thanks Engelo
great summary
the only comment that does not make sense to me (based on Aussi real estate) is that in class A property where the majority is owner occupier i would have thought that increased demand and therefore rental income as the renter would have limited supply to choose from?

Hi Guys
can someone please explain what a c class property is?
or is there a link that explains the difference between a b and c

thanks

Jay

thanks great answer

Market is far more complicated than any market in Australia.
The Market here in relative terms is much easier to read and way more logical.
And we have an undersupply of housing to make the economics 101 supply and demand equation a good back up
I know a lot of people here that have overpaid and made mistakes but still…[Read more]

thanks again
so what i am really trying to understand is how has the atlanta market gone over the last 12 months
is that market still moving and has there been any capital growth in the last 12 months?

Jay,

great summary thanks
one question please: the houses in Atlanta that you bought for 40k and sold to hedge fund for 60-70k what is their value today?
thanks

thanks for your comments Freckle. I appreciate your time to answer the question. I did not really understand the taper term so for others that may also not be familiar with this term see below                                Federal Reserve officials really don’t like the word “tapering” — one of the most popular buzzwords in the markets these…[Read more]

HI Freckle, what are your thoughts on the A$ v US$ ? The admission from the US that they need to continue with the stimulus did not seem to have a major effect, i would have thought it would have put the A$ back at 97 odd?

Jay,
i think it would be good if you also listed the pitfalls of this type of purchasing
eg: potential liabilities on the title
owners trashing the place when they find out they have to move
existing tenants being unwilling to pay rent etc
thanks

WIcould you please let me know if you had help selecting the properties you boughtis there anyone you would recommendif the answer to this is somewhere else on this forum could you provide the linkthankyou in advance

Hi Jay,what is your view on the Portland realestate market?what sort of returns would you expect in portland?how many years away before any capital growth returns?thanks