Ill pass, you will end up dealing with too many competing ideas, probably end in court. business and investing is easy, people are difficult

From what I have read about NRAS, it sounds a lot like negative gearing repackaged, re-marketed to another generation of property investors.

Both are sold on the premise of tax benefits to hide the fact that the properties are overpriced.

I think ill pass on NRAS.

Hi Guys,

A big thanks to Nigel and Richard for the informative Property Know how meeting the other night, I look forward to future

meetings.

I would generally recommend on-site but, thats assuming the property presents well is it empty / tenanted?

If your investing in the US these days it is predominately a cash-flow play. Yes there will one day be CG but, I would not focus or

spend a lot of time attempting to pick when that will be.

I moved a few months ago I am a minimalist, I can't stand clutter if it hasn't been used recently it goes in the bin lol.

Hi Pru,

There was a lot of hype around retirement homes as investments in years gone by. 

They were spruiked as the next big thing because of Australia's aging population but, it failed to materialise.

Sales agents will talk up the gross yield but generally the management fees for these type of properties are the biggest killer.

I lump retirement homes with motel rooms and student accommodation, as they are all investor driven there is less demand for these property types over main stream properties (houses / apartments etc) therefore less growth. 

Hi guys,

I caught up with Engelo 2 weeks ago for coffee and a chat when he was back in Sydney. He is doing great over there.

He is working with/ for a company called investinusgroup.com who are assisting Aussie investors get into the Kansas City market.

My understanding is they have fixed the missing link for Aussie investors… Reliable property management, they have a good team there and they are also heavily invested in the Kansas city market themselves.

I might add I am looking at purchasing a property through them.

Yes its possible to achieve, it easier now than it was when interest rates were 8%+ (early 2008 I think).

My dad gave me a copy of Steve first book in 2006 I have been property investing(and loving it) ever since

Thanks Steve

Very impressed, looks better than ss