Total Members: 159,190

sparkyoz

  • sparkyoz replied to the topic 21st April – Canberra Property Network Meeting in the forum Heads Up! 13 years, 5 months ago

    Hi,

    any coming up soon? I am interested in speaking as well on US property if anyone would like – with a trained Australian accountant who deals with US tax.

    Regards,

    Steve
    info@usadreramhouse.com.au

  • sparkyoz replied to the topic What’s going on in SW Florida? in the forum Overseas Deals 13 years, 5 months ago

    Hi,

    Yes, Fort Myers is a good area. I am expanding into this area after concentrating on Orlando and Tampa which have great potential. How can one argue with places from $50K and no stamp duty!

    If anyone is interested, please contact me.

    Steve
    info@usadreamhouse.com.au

  • sparkyoz replied to the topic USA – Where to buy? in the forum Overseas Deals 13 years, 5 months ago

    Hi,

    These are the areas I focus on:

    – Florida – Orlando, Jacksonville and Tampa
    – Georgia – Atlanta

    I think it is important to focus on areas with strong demand and good long term potential.

    Welcome feedback on these areas.

    Regards,

    Steve
    info@usadreamhouse.com.au

  • sparkyoz replied to the topic further research for USA investing. in the forum Overseas Deals 13 years, 5 months ago

    Hi,

    I assist people buying in the US. Yes, I have my own property in the US and intend in buying lots more. Location and management are the key. I also have references as well- because trust is important.

    Research is important in buying in the US. I myself stay clear of places like Detroit and areas that have falling demand. I focus on…[Read more]

  • sparkyoz replied to the topic Should Australians Still Invest Properties in the United States? in the forum Overseas Deals 13 years, 5 months ago

    Hi,

    I have my own property in the US and believe this is a chance of a lifetime. I will never buy another house here, I am buying 10 in the states. Why – no stamp duty, land tax, no GST, cheap prices, high yields and cheap repairs and appliances.

    I have a great management team and so far no issues.

    Like anything, location and management are…[Read more]

  • sparkyoz replied to the topic Help with ITIN application in the forum Overseas Deals 13 years, 5 months ago

    Hello,

    Yes, it can be done through a number of ways. I have a contact who assists Australians with this – LLC set up and EIN, ITIN apps. I have just done my ITIN application and expect news from IRS soon. I also have an Australian accountant who does US/Australian tax returns.

    I can be contacted on info@usadreamhouse.com.au

    Sparky59

  • sparkyoz replied to the topic MIAMI (ad)VICE in the forum Overseas Deals 13 years, 8 months ago

    Hello,

    Buying in Florida has great appeal at the moment due to the low prices and potential return. Like anything, it is location that is key and you need good management in place. Sometimes the HOA fees are high too and you need to stay away from a lot of the short-term rental market.

    Getting a bank account is easy – just use HSBC in Sydney…[Read more]

  • sparkyoz replied to the topic USA Distressed Houses Vs Condos in the forum Overseas Deals 13 years, 8 months ago

    Hello,

    We deal with a range of properties – some with high HOA fees and houses with no HOA. I think it depends on management – both HOA and in-country manager.

    Regards,

    Steve

    http://www.usadreamhouse.com.au

  • sparkyoz replied to the topic RECOMMENDED US TOWNS TO INVEST IN? in the forum Hello,
    Generally it is hard
    13 years, 8 months ago

    Hello,

    Generally it is hard to get loans in the US, although I now do have a lender for FL. I am working in Atlanta and Orlando, FL. It is important to have good management in place or esle you could get into trouble.

    Generally, if you looking at Florida it is around 10-15% return and in Atlanta it can be as high as around 20%. When you…[Read more]

  • sparkyoz replied to the topic Investing in the UK in the forum Overseas Deals 13 years, 9 months ago

    Hello,

    If interested in Uk loans, we have a contact who deals with expats and he can guide you through this.

    Regards,

    Steve

    info@gvimortgages.com

  • sparkyoz replied to the topic opening a US bank account in the forum Hi,
    Yes you can open an
    13 years, 9 months ago

    Hi,

    Yes you can open an account thru Wachovia Bank in FL – there are no significant fees.

    Steve

sparkyoz

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