I am an investor that recently dealt with a company called Foreclosed American Homes. They are based in Perth (which is handy for me!), but they seemed very good. I hesitated for a long time, but eventually i went ahead with them on two properties in Atlanta about 6 months ago, and so far – touch wood – they have been excellent. No problems with the tenants, rent in the bank everymoth. I think they are a fairly new company, but i have recommended them to all my friends who were thinking about investing in the states.

Yes these companies make money, but it was a completely hassle-free process on my behalf. The other thing i liked was the transparency. You signed the offer & acceptance from the bank that owned them – so you knew exactly how much you paid for the properties. There was no additional fees that were not spelt out in our initial interview.

I am saving for more properties as we speak!