speedy gonzales replied to the topic Considering US property investment – where to start?!?! in the forum Overseas Deals 14 years ago
I agree with Nigel,These 3 cities in particular are the most depressed of all US real estate markets. There are far too many companies set up selling to investors who get sucked in by the low prices & high rent returns in these cities. Do your research, look at the demographics. The low & attractive prices are so low because nobody wants to live…[Read more]
speedy gonzales replied to the topic Is it best to buy in an LLC or in own name? in the forum Overseas Deals 14 years ago
Hi James,An LLC is a US based company which is incorporated in the state that you purchase the property in. ie if you purchase a property in Texas then you would have a LLC established and incorporated in the state of Texas. You and your friends would be members (shareholders) of the LLC. You can then decide who will be the manager of the LLC…[Read more]
speedy gonzales replied to the topic MIAMI (ad)VICE in the forum Overseas Deals 14 years, 1 month ago
Suggest that anybody interested in the above seminar first of all google "Dymphna Boholt" and then make up their own mind
speedy gonzales replied to the topic Where is the soundest state/county to invest in America? in the forum Hi Steve,
Do you mind if I 14 years, 1 month agoHi Steve,Do you mind if I ask you who the Accountants are in Australia that have Aust & USA tax experiance ? I have asked some other companies and most appear to have some "exclusive" rights or want you to buy a property through them before they give you info. It's like it's some big secret but my opinion is that if nobody is willing to give some…[Read more]
speedy gonzales replied to the topic Where to invest in Auckland? in the forum Overseas Deals 14 years, 1 month ago
Hi Turneg01I can't assist you with suburbs or area's although could refer you through to a reputable real estate agency based in Auckland. As far as apartments go…….I have been told there is simply an oversupply. A company called BlueChip went broke in NZ and took a lot of investors money with them. A have a lot a NZ clients who were caught up…[Read more]
speedy gonzales replied to the topic NZ mortgage brokers in the forum Overseas Deals 14 years, 2 months ago
Not sure of exact upfront but NZ brokers do not get a trail income. They used to but I beleive BNZ stopped it years ago and passed the savings onto customers and then everyone followed suit. Kiwibanks does NOT deal with brokers
speedy gonzales replied to the topic My USA Property in the forum Overseas Deals 14 years, 2 months ago
Hi Roxy 3I would also like to know how your property purchase through myusaproperty has been in hindsight. Have you got tenants, where did you buy, did you get finance in the US, how long did it takeThanks