You can open a etrade – business account online. Bizarre but true. Quite good facilities as well.

I think you need to find a decent Real Estate attorney, they should be able to guide you through it.Good luck

I think that with land there are other advantages, such as no management, lower outgoings, no maintenance etc. Also land is so low now because nobody is building any houses so there are great opportunities to buy eg in cape coral [Cheeves you'll know the price better than me so feel free to correct me } land with gulf access for 35-55k which sold…[Read more]

in the UK we have SIPP's which are self invested personal pensions which I suppose are similar to the SMSF, the IRS doesnt give them any favourable tax status and taxes as it would a normal llc. But its a complex area and specialist accountancy advice would perhaps be a good idea. I have the advice I got if you like I can send you this?

I think you may be surprised by Florida there are sub 35k properties with double digit net yields available in many Florida markets. Plus of course you have any future capital growth.

stuparker wrote:
If your investing in Florida you will need a LLC registered in this state to trade properties however this may not be the case if your are buying investment property with the intention to hold it long term i.e. you maybe able to buy your long term holds in a foreign entity such as a Wyoming ,Delaware or Nevada LLC. This is…[Read more]

RickH wrote:
putting Kansas in the Detroit basket is a little harsh.I have done some research into kansas city.it is a pretty stable place. you arent going to get your booming capital growthbut it a place that offers good returns and cash flow.From a personel point that is what I want.

What returns you can expect to achieve there?

Rosa,I think they are fairly well regarded but I also think,-not sure, that they have quite high buyers fees which isn't something you should be paying.

simon87 wrote:
Hey all, I am heading over to Miami late feb and was just wondering if anyone is going to be around and would like to possibly catch up? I am keen to get out and see the property market and learn. British buyer would be keen to catch up if you are free late feb early march for a chat and maybe to look at some property and see how…[Read more]

Propinvesti do know it a little, my old partner recently bought two thousand plus building lots there. I think lehigh is one of those areas of Florida which became popular in the last boom, but will take longer to recover. It is also an area that varies widely and not an area to buy in without understanding those differences first hand. Having…[Read more]

Yes Im familiar with their approach, essentially they take the house price at one point in time and then the same house price at another point in time and from that extrapolate the house price market for a metro area. The reasons it is a very general indicator of the market are surely obvious. It s info is constructed from prices 5-6 months ago,…[Read more]

I dont think there is one, but it would be a useful tool. There are apartment rental websites such as rent.com where you can get a good feel, especially when comparing class a with class a, and class b with class b etc, of course this doesn't deal with the shadow rental market which is historically very large at the moment  and skews things a…[Read more]

I dont think there is one, but it would be a useful tool. There are apartment rental websites such as rent.com where you can get a good feel, especially when comparing class a with class a, and class b with class b etc, of course this doesn't deal with the shadow rental market which is historically very large at the moment  and skews things a…[Read more]

Perhaps more detail than people might want and I thought I had posted this chapter of my US investment guide before, but I cant seem to find it.  Prior to the passing of the Foreign Investment in Real Property Tax Act 1980 (FIRPTA) unless the holding of real estate constituted a US trade or business any gain on its disposal was not subject to US…[Read more]

your welcome, anytime.

<Moderator: delete ad>The point I want to make is you shouldn't pay any fees to any companies to find properties, membership fees etc etc. All the properties will have commission {normally 6% } built in. Essentially what it means is that there is three agents earning on the deal , the listing agent, the buyers agent, and the company charging the…[Read more]

Hi, I like areas such as Cape Coral, which I feel is undervalued and a great location for growth -however I should also say I have a development there as well as lots of land so I am biased! I like Gainesville which is a college town in between orlando and Tallahassee,  it has fairly solid renters both from students and those staying on to work…[Read more]

Hi Treasure,Its a long answer because as you know there are so many different housing markets and within those markets there will be good and bad areas, but some of the ones, and types I would sidestep are; Brickell, downtown Miami, epicentre of the condo building. These were the most high end condos and as such developers were falling over…[Read more]

morgstar wrote:
Hi I am looking at buying in Phoenix, Kansas City or Orlando but i wanted to buy something around $25000, i am just a bit worried if i buy at the lower end of the market i will never recoup my money in 5 to 10 years in regards to the sale.  

Its a question of making sure you arent buying in a dying area, 25k is certainly at the…[Read more]

I have to admit I don't know what a spruiker is but I totally agree that the there's a difference between these property marketing companies which seem to be like a single focus estate agent that is just marketing these properties because its the latest hot item.There used to be a joke in Florida a few years ago that when a traffic cop pulled you…[Read more]