No Doubt about it Nigel

but don’t expect to be making capital gains soon.

regards westan

Properties in the USA 15-25% returns- email to join our database westanjohnson@hotmail.com

Hi Grossrealisation.

thats a great deal, well done ![biggrin]

what i meant about don’t get complicated was the idea of how much into the deal, never mind just for the record i put in $8K into my deal for a $61K profit. Now i should have added some zero’s on the end and it would have been nice.

regards westan

Properties in the USA 15-25%…[Read more]

Hi Ozhan

thanks for that

The US really is the land of opportunity !!

i will study those links later, I really shouldn’t be on the forum, i’m supposed to be packing our furniture to return to Aust. The furniture goes next Wed.

Thankyou

regards westan

Properties in the USA 15-25% returns- email to join our database westanjohnson@hotmail.com

Hi geoffrey

thanks for the welcome home.

is that after i got home from the US to NZ ? or home from NZ to AUST ?

Oh my, i’m getting myself confused. Where do i live ???[]

We fly home to Oz in dec

thanks
westan

Properties in the USA 15-25% returns- email to join our database westanjohnson@hotmail.com

Hi Guys

thanks for all who offered advise.

Tools you were spot on. The curb it the councils but the bit between up top the footpath is mine. The council went to inspect it and sadly its my problemto fix.

Drats $225 , oh well.
It was actually a lot less than i was expecting
regards westan

Properties in the USA 15-25% returns- email to join our…[Read more]

thanks guys, to all who have contributed.

If you have never joined on the forum before , here’s your chance, do it on this thread. You will find once you start posting it very easy.

From the info supplied so far there are still plenty of buyers out there.

please fee free to add what you are doing.

regards westan

Properties in the USA 15-25%…[Read more]

Hi bardon

yes your right Texas is the way to go.

Nigel, as someone who has been active in Texas for over 12 months don’t be suprised if your let down by folk in the US. I’ve had to tinker with my team in the Texas a number of times before getting it right. Some people are still the same. Sorry to any Americans reading this, but they have a nack…[Read more]

Hi Ozi

are you able to quote the source of the info ?

Just one thing did you realise some of the places you quoted were cities and others States? You may need to check to stats. It would suprise me if data mixed up states and cities.

regards westan

Properties in the USA 15-25% returns- email to join our database westanjohnson@hotmail.com

Hi Nigel

I belive your back, so did you end up buying anything in Texas ?

regards westan

Properties in the USA 15-25% returns- email to join our database westanjohnson@hotmail.com

WE WIN

Properties in the USA 15-25% returns- email to join our database westanjohnson@hotmail.com

Hi Muppett

Still half of Australia’s population were born in New Zealand so that isn’t unexpected. True , thats why i moved from Aussie to here, there are too many Kiwi’s in Australia

Half the the rugby teams in the world are coached by NZers. Didn’t know that, thats a good stat because i always think you have to be a winner as a player to…[Read more]

Hi worldchanger

sorry it looks like Tennesse isn’t a place the forum is familiar with. I’ve spent a lot of time in the US over the past 12 months, about 16 weeks all added up. But i’ve never been to Tennesee.
I have nothing to offer.
But i think you want to tell us ? ok, let hear about it.

regards westan

Properties in the USA 15-25% returns-…[Read more]

hi guys

i’m trying to secure some land in the US, its 62 lots in a prime golf course estate for 1.6m. The lots will then be handed over to a builder i know who will build on them and sell them. We hope to make a substantial profit. But got to get the land first.

regards westan

Properties in the USA 15-25% returns- email to join our database…[Read more]

Thats exactly right Rikky

thats just one of the great attractions of buying in the US,

regards westan

Properties in the USA 15-25% returns- email to join our database westanjohnson@hotmail.com

Hi Guys

flash, i wanted to add one comment that for Aussies trying to buy below market isn’t that easy. I agreed with your comment before but wanted to clarify. Homes that are listed of sale through R/E agents are listed on the MLS. Its hard to pick up bargains on the MLS. Anyhing thatsa super deal goes really quick.
The way to get good buys is…[Read more]

Hi Flash

well done, and i agree with your comment about the rehabs.

hey where abouts are you buying ? Don’t need to publize here, but i’d be interested. PM me if you want. I’ll tell you mine if you tell me yours [biggrin]

regards westan

Properties in the USA 15-25% returns- email to join our database westanjohnson@hotmail.com

Ko

keep records , such as your electricity bill. Just in case you move and are ever checked up. this will show you were in the home.

regards westan

Properties in the USA 15-25% returns- email to join our database westanjohnson@hotmail.com

Hi Karfrat

why isn’t the home selling ?

this is a question you need to ask the agent.
as michael said it could be overpriced , but it may not be the reason. to is also possible that the past month was quiet and your home is priced well !
I would want to hear what the agent says, he might say its because there is an issue with the home ?? who…[Read more]

Hi Ricky

it looks like i might be the only one on this forum who has been buying in this market ? No one else replied.

Just to clarify for those who want an explaination, if a person defaults on a mortgage in the USA the banks foreclose on the person and sell the house off at a bargain price.
For everyones interest buying foreclosures for us as…[Read more]

Hi KP

i know you asked Nigel the question, but there has been no answer so heres a deal i’m buying

For a 4 bedroom/2bhroom duplex for a 165K
Income $2,100 (1050 each side) $25,200 PA

Mortgage Interest
$115,500 @ 6.5% $7,507 PA
Insurance and Taxes $480 pm $5,750 PA
Repairs – they are new so allow 500 per year $500…[Read more]