stu82 wrote:
great thank you guys,One last one i forgot to ask – can anyone explain to me in layman's terms what a section 8 tenant is and what its all about ?

This link will help you understand the Section 8 Housing http://en.wikipedia.org/wiki/Section_8_%28housing%29Basically rental assistance for low income families

The problem I see Jay is that the scope of any FBI investigations won't involve any Australian companies ripping off Australians. I can tell you a dozen or so companies here that operate as the middle man to US wholesalers….they are just adding on whatever margin they want in addition to the wholesalers and then charging money on top of that for…[Read more]

Alex,I've received no email from you so perhaps send them through again. What I was referring to (and didn't word it very well) was what percentage of the tenants you would expect to take up owner financing

Alex,Some great points raised. I am sure many of the Australian investors don't fully understand or appreciate what buying in "rental neighborhoods" means or how it will impact on future appreciation. Many will no doubt say "I only purchased for the cashflow" which is fine but as you point out….that doesn't give them an exit strategy….at some…[Read more]

worldinvestor wrote:

staceymac wrote:
I am going into San Antonio myself. I head off there next month to do some due dilligence as part of a buying group. I will look at the other markets in Texas as well whilst I am there. I'll report back my findings. For me my main concern wont be paying a bit extra for insurance or taxes or whatever…[Read more]

staceymac wrote:
I am going into San Antonio myself. I head off there next month to do some due dilligence as part of a buying group. I will look at the other markets in Texas as well whilst I am there. I'll report back my findings. For me my main concern wont be paying a bit extra for insurance or taxes or whatever ongoing expenses.…[Read more]

Investing Novice,I can't comment on Atlanta although many posters seem to be having success there…a matter of the right contacts. We operate in the Dallas metroplex and when you consider Dallas versus Houston….one thing to consider is the cost of insurance. It will cost you at least $100 a month more to insure in Houston compared to Dallas.…[Read more]

dandyinvestor wrote:

Texas Cash Cow Investments and Cash Flow Kings wrote:

mattnz wrote:
Thanks for this, very interesting reading. I find the fact that Texas has had the highest growth since 1991 and hasn't crashed to be very telling. Texas has survived the GFC very well, with reasonable house prices that didn't go through the boom-crash…[Read more]