“And not sure how it is in OZ IE are hand guns legal or not… But you just never know when some gang banger is packing a 9mm and is going to pop a cap into you…which usually leads to death.” …Nope JLH, we don’t know how to deal with that, much like a bilby whose evolution failed to equip it with the knowledge of how to deal with being torn…[Read more]

Nathan86 wrote:
@Pat007 – You can get an idea off http://city-data.com http://www.city-data.com/forum/ and if you post you are looking to move or looking for a place in the area, they will be able to give you an idea… Remember though, they are peoples opinions but it will give you a good idea

@jayhinrichs The thoughts of a narrow-minded…[Read more]

In FL for example the equivalent of Australia’s “Fair Trading” offices is the Division of Consumer Services http://www.800helpfla.com/ I think they have a similar division in most other states too. They take complaints and mediate on your behalf. Not sure if they have “teeth” though – the time I considered utilizing their services they indicated…[Read more]

jayhinrichs wrote:
TZNot sure if your being facisous or not.However,,, I for one have gone out of my way to help your Countrymen and others try to figure out what they do or do not own. All for nary of a thankyou… and in this case as stated above this was a loan to a US person or company for a rehab flip… This is what I do and have done for…[Read more]

jayhinrichs wrote:
maybe there should be a spot on this site that has the most common links in the  markets that are attracting the most interest.One could look for their city and wha La there is 5 to 10 links,,, county GIS,,, county tax Assessor, Public MLS, Zillow and Trillia ( even those are notorisly bad for true values they provide other…[Read more]

South Florida is in hot demand from international buyers due to the proximity to the emerging markets of Latin America. Inventory is shrinking by the day and prices are rising fast…so competition is pretty fierce here atm which can be a pain but it may be worthwhile in the long run

Yes Jay that’s pretty much how it happened! I’m aware of the limitations on the public sites – so I’m really pleased that as of yesterday I finally have full direct access to the MLS : D

I’ve just been emailed a 55k deal courtesy of a Sydney based US RE investment company check this out, this is what the email says:

“3 BEDROOM
2.5 BATH
BUILT 1999
2 CAR GARAGE
2190 Sq Ft
Potential Rent: $750 – $850

This home was sold in 2003 for $138,000. This is a single family home and not a condo. Amazing deal. To rebuild a home like this…[Read more]

MikeF wrote:

TZ wrote:
“An Australian Citigroup subsidiary, Citibank, has now started to facilitate loan transactions for Australians looking to purchase US property.” http://www.abc.net.au/pm/content/2012/s3480532.htm. This appears to be a new initiative. Perhaps contact Citigroup to see if they are planning to expand their services in the…[Read more]

AREIJoel wrote:
Guys,

I truly believe that going through an agent who relies on commissions is the wrong way to go about it from a foreign investor perspective.

If you are going to be managing a property from so far away, then you need to align yourself with a company who is not in it for the short quick profits. Sure everyone needs to get…[Read more]

Thanks very much for sharing WI great info

Hahaha yup

Yeah I know – I’ve been worried about lowering my credit score on a few occasions due paying utility bills late, simply because it was complicated to find an electronic way to do it (I have a checkbook but really, do I want to queue at the post office to mail a piece of paper in this day and age?). On the other hand Chase has some features that I…[Read more]

Great insight thanks.. Are there any particular companies you prefer dealing with, when you do get insurance? If so why? And do you recommend the services of your own claims consultant who has your back when it comes time to assess the damage and fight for what you re entitled to? I met one at out local real estate investor s association who also…[Read more]

Wow incredible, on the other hand their horse and carriage logo says it all… Speak to the manager and threaten you will move your business to a more contemporary institution such as Chase, if he cannot assist you in getting this done immediately.. Good luck..

Thank you kindly!

emma171 wrote:
No, we just need to sell the fear that you MUST have an LLC that you MUST have set up for you because we are just so caring about your asset and the chances of being sued…….which sounds like 100% likely…. Not tempting fate here but I have managed to survive a bloody large number of properties over the past 13 years in…[Read more]

Nice timber decking out front….

Alex – I was referring to the Australian spruikers operating in the USA who have been discussed recently on this forum, and in the Australian media.

The American wholesalers I’ve met since moving here have been great to deal with.. Nevertheless, I am interested to know if there are licensed agents in FL who have a track record representing the…[Read more]

lawsjs wrote:
Freckle: That makes Kyler the one in the dress – No wonder he gets picked on by tenants:)
BTW there is a very interesting Bloomberg article today suggesting housing has bottomed in th US – I can’t get the link right now, but it kind of backed up what Jay, Alex, Cheeves, Kyler the dress wearer and Emma have been saying.

Debra, it’s…[Read more]