jkunyik wrote:
….name top 5 cities/states/suburbs in the states for positive geared property?? and why (if u can be bothered)?

.

Huh? LOL
Negative gearing is a foreign concept here

So are you a wholesaler (assigning your contractual interest in properties to your buyers) or an agent / broker (selling properties you don't own or have an interest in, for a fee)?

jeromejf wrote:
data is looking good according to this rp data press release
USA Housing Market Update – CoreLogic July Home Price Index Rises 3.8 Percent Year-Over-Year—Biggest Increase Since 2006

Great link thank you, funny i twittered this data just this morning.  The time to invest in the US market is NOW. 

sparkyoz wrote:
Hi,

We deal with Florida – our focus is Orlando, Tampa and Fort Myers.  We focus on foreclosures, but the prices are rising fast.

Regards,

Steve
http://www.usadreamhouse.com.au

Thanks Steve, which brokerage are you affiliated with?

Thanks, and don't be a stranger! ……….1+1=3, right?

Yes Cheeves remember we corresponded back in May after your name was recommended twice, and you mentioned to me at the time that you don t cover miami : ) so after working in RE for the past 2 years and doing my own projects i ended up getting my license as there is clearly a need for it here. 

ps I have since taken the plunge myself as investor friendly realtors are rare 'this' side of FL

BMH & Mary I'm available to answer your Q's in Miami if you happen to swing by. I'm an investor/licensed real estate agent with local networks from Miami to Palm Beach Counties. Please bring some Vegemite! : P

Thanks for your comments Cheeves! There are 60 in total and there is just small number available (6) by the one investor who bought them low and has held them for cash flow for several years, so not plenty of inventory. Oh yes thorough HOA due diligence is a must. A client of mine was keen to purchase in a building near my home; I warned him that…[Read more]

Never an issue with xe.com. On the Australian side I have been asked to verify my identity a number of times as the amounts and the frequency of funds transferred increased, I think this was due to Australian money laundering regulations.

Hello Cheeves, let me know what you think of the following scenario; I am learning every day and would appreciate your feedback:
The Oaks in Miami Gardens 17622 NW 25th Ave, 3/2 @1000 sqf, affordable housing yes, but war zone no, returning on average 1300 monthly, taxes 83, HOA 240, Ins 30, then there are water / trash / shared electricity 40, so…[Read more]

I like http://www.city-data.com and http://www.usatoday.com/news/census/index also http://www.findcompsnow.com but all to be taken with a grain of salt, as unlike Australia in the USA one street can be "Wisteria Lane" but the next can be a ghetto. The aggregated data models can't differentiate very well, so it is essential to have ears and eyes on the…

"Yields are 8% in FL.  Deal with that or don't buy."

Hmmmmm I beg to differ, double digit returns are still very much achievable in SFL and I don't mean war zones

Buzzer wrote:
When I was in Jacksonville, Florida, a few months ago I bought a house. Thought I'd better open a bank account. Went to 2 banks and was told I couldn't do it. So I gave up. We bought the house in a land trust, which I never hear anyone talking about. Everyone seems to buy in an LLC. I don't really know all the pros and cons of all…[Read more]

Ilove houses that’s quite an achievement in the 2012 market, congrats! We sold our 4566 property in April and from an investment perspective glad to be out of there.

Cool..It seems tourism has suffered a lot on the coast and real estate too as a result, nothing beats the lifestyle though.. I miss walking in the rain forest at Buderim forest park with my kids and swimming under the waterfall..

@Ilovehouses where are you based? Lived in Noosa 98 until 2010..

NICE……….!!!!!!!!!!!!!!

Alex SC wrote:

Alex SC wrote:
So much talk about how USA or Australian  real estate groups are marking up the properties that we buy. So I can't speak for others, but I will speak for my company on how and why we do what we do. This is an example below: I am going to list a property and what we purchased it for. This is without plans and…[Read more]

Emma what type of work do you do in the worst zips on all nighters? Or do you mean when you’re in the country you return to your place of work / temporary residence after all nighters? Either way it sounds like excitement..