This initial post was addressing setting up an LLC and EIN. We charge $200 for both which eliminates the hassle for investors to set up the unknown for the fee from the Secretary of State and time cost. As we are also based in the US we act as a registered agent where we have the benefit of any correspondance including LLC renewal being sent to…[Read more]

Ajay,We are very real to our viewing clients and I guess our videos are designed to show people the property as accurately as possible. We understand your lighthearted post but YouTube is a brilliant way for us to show everyone what is available here in Atlanta. When we film a property, it is not for entertainment value but for our buyers…[Read more]

Every month at the end of month such as tonight we want to give every one of our owners good news on the end of month statement. We were on the phone to owners tonight regarding a few late rents we are chasing up where my leasing agents were out until midnight last night collecting the final rents. There are incredible opportunities…[Read more]

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Hi Dean,Just wondering how you went with your development and whether you proceeded. If so would love to hear about the experience that you had.Kind regards,Bron

Most clients investing from Australia would prefer to borrow money from Australia as it is safer and more easily controllable. You will also probably get a better interest rate too.If you get an unsecured loan you can use it for any purchase you choose – generally a car loan will be secured against the car i believe but a personal loan allows you…[Read more]

Our attorney opens bank accounts with Wells Fargo for all our clients. We set up their LLCs.Banks accounts are free business banking accounts and LLC cost $150 where were also obtain and EIN (IRS tax ID) for you.No need to go to the US if you don't want you.

Guys,We have many clients buying through their SMSF. We set up an LLC which owns the property and is in turn owned (or has a member of) the SMSF. Naturally a SMSF is not permitted to borrow funds – except to pay ATO debts i believe – which is crazy but it is what it is.We set up bank accounts in the LLC name which just collect the funds and then…[Read more]

Zads, Welcome! Mate you may have a little difficultly with finance as mentioned by the post above from Speedy.There are some companies however that lend hard money at very high interest rates but please be very very careful as these types of deals can bring you unstuck. There is no mercy in the hard money market in the USA.

I can not agree more – it is a very different market place that what we are used to in Australia. It is a different mentality in comparison to Oz.You have to know what you are doing and yes be very careful of buying direct through real estate agents over there as they will just sell you what ever they can for a commission – they don't really care…[Read more]

Hi Dean,We used these guys who did a brilliant job relocating houses through the Newcastle 2007 floods. Michael and I are in the States so I had to dig through my email and copied their details as follows:Feel free to give Don a call on 0408 236 391 or 02 45682009 if you have any questions or would like to arrange an inspection.I hope all goes…[Read more]

We work very hard to find to secure the best wholesale foreclosure deals in Atlanta for our clients. We work 18 + hours a day sourcing properties, tenants, managing renovations and any other issues for our respected clients. The US foreclosure housing market is not a market for the faint hearted but can be very lucrative. The near parity of the…[Read more]

Hi Dean,We relocated two homes from Newcastle to Glen Innes. We secured the homes at no cost as it saved the owners the fees to demolish and pay for the waste costs. We had to lodge a DA withg the relevent councils and pay for a house relocation company to cut the properties in half, disconnect services, frame the homes for stability and hire…[Read more]

Hi Luke,Michael here again.Cashflow deals are extremely difficult to achieve and it has taken me some time to get this under control – especially with respect to ongoing management. We have hired our own manager and have a large client base for whom we manage properties in Atlanta.There are many agencies working out of Australia but we have moved…[Read more]

World Changer,Mike here – we haven't spoken for a few months but i must agree with you totally.Buying undervalued property is the prime objective. We have now found 65 deals for clients and have most of them returning good profits. It has taken me 6 months in the US to get property management under control – and i ended up just hiring my own…[Read more]

Ripeka,It is sometimes difficult to know what form of communication each client is looking for. We do try to have a informative conversation with each new inquiry as there is so much info to go through.LLCs, Bank Accounts, the process, tenancy issues, foreign exchange accounts, how we select properties, etc. the list goes on..We do ask for peoples…[Read more]

Hi Bronwyn here from Top Rental returns. Tenancy is an extremely important component of investing in the US as with all property investment. We get a lot of inquiries from people like yourselves who wish to know about vacancy, the rental market demand and the difference between leasing property in the States as opposed to Australia. A vacant…[Read more]

Hey Guys,Michael and Bronwyn here – just landed back in Atlanta from our travels around Oz to meet with our clients.We thank our lovely client above from giving us such a wrap and we are working hard on her investment property.We do have some fantastic deals coming through so feel free to contact us as we are a property couple living herein the US…[Read more]

sapphire101 wrote:
The previous sales data for 677 Alta Place regarding the $22,500 sale appears on the "Property Data" document Mike & Bron are giving to investors if they care to read it thoroughly, but is not mentioned in the promotion of the property. Is this just a "newbie" oversight perhaps, however it does have some bearing on the deal…[Read more]

Atlanta Georgia <!– Welcome to Atlanta, Georgia. The official home of Atlanta travel information for visitors and meeting planners. Visiting Atlanta, Georgia for the first time or returning once again? You can access all your Atlanta travel and tourism information right here including: events,…[Read more]