statemed replied to the topic Rental returns in USA in the forum Overseas Deals 13 years, 9 months ago
To answer this question
Gordie1080 wrote:
IS it really safe to invest outside of Aussie? Info pleasethe answer is Absolutely,BUT you have to do your homework and due diligence. Here in the US t right now you can become wealthy acquiring investment properties or at least be comfortable. On the other side of the spectrum you can lose your…[Read more]
statemed replied to the topic Rental returns in USA in the forum Overseas Deals 13 years, 9 months ago
I am a wholesaler here in a few markets in the US. It boils down to a couple things in my opinion. That is area and property management. Some areas are actually seeing a surge in rental rates due to the absorption from previous homeowners who have foreclosed. Also it depends on your property management. Some property managers are more aggressive…[Read more]
statemed replied to the topic What attracts you to invest in the US? in the forum Overseas Deals 13 years, 9 months ago
Right now there is a huge opportunity here in the US market. Distressed assets coupled with decline in US Dollar compared to the Aussie Dollar is a prime ingredient for success. But just because properties are cheap doesn’t mean they are a good deal. It really boils down to location.I am in Jackson,Mississippi.Here we have properties that I can…[Read more]