Personally, since couldn't get finance as an LLC and they are Single family homes. Hold for the long term 10-15 years.Thanks Kyle

Hi Cheeves Financial,Thanks so much for your assistance. If you were to purchase in the Tampa area specifically which suburb would you focus on, ones which have stable underlying fundamentals such as jobs, population growth forecasts etc.I guess the problem I am grappling with at the moment, made worse being from the other side of the world, is…[Read more]

Hi ActToday,Any particular reason why you choose Fort Myers?Are you able to recommend a realtor in the area?Would love it if you were able to share some information so that hopefully I can avoid some of the pitfalls that befall a foreign investor, especially since it is so different.Cheers,

Hi Cheeves, thank you very much. I can tell you have a strong property knowledge base and I appreciate your advice!One thing which raises alarm bells for me is the fact that the case shiller index in the tampa area is still decreasing, although this is a 2 month lagged index, it appears to be one of the few areas which hasn't hit bottom yet and…[Read more]

Hi Jeff,Reasoning behind investing in the US is to take a counter cyclical approach, take advantage of the overvalued AUD and the incredibly low interest rates and I have a long term horizon so I can handle the more volatile and risky investments in areas such as Tampa Bay, Miami etc…… Tampa Bay in particular because it has some of the best…[Read more]

Hi Jeff,I am very interested in how the taxation situations works as I am in Sydney also. Does rental income have any effect on Australian taxes you pay?Are you able to claim any tax deductions in Australia from having an investment property in the US?How did you structure the purchase with regards to taxation implications? Did you set up a…[Read more]