Anyone know Atlanta well enough to work out the address based on the google maps screenshots?
They've told me they can't give you address of anything they've sold. Privacy, <moderator: delete language>.
edit: with some rudimentary googling I can see that the property probably lies within an area bracketed by the Terrell Star Pkwy, Panola Rd and…[Read more]

Anyone know Atlanta well enough to work out the address based on the google maps screenshots?They've told me they can't give you address of anything they've sold. Privacy, <moderator: delete language>.edit: with some rudimentary googling I can see that the property probably lies within an area bracketed by the Terrell Star Pkwy, Panola Rd and…[Read more]

I think you'll find this a completely different can of worms. You did ok because it was pure luck not because you understood what was going on. Punts like that are always 50/50. In fact all investment bets are 50/50. You could look at an investment, toss a coin and you would probably have little difference in potential outcomes. The trouble with…[Read more]

Those who are selling will be relieved to hear you're in the market to 'load up'FreckleYou bet, that's exactly what I did when GFC hit, loaded up in Melb, all the <a href="mailto:cr@p“>cr@p areas 10-15 km from Melb, where the developers were jumping in, put the DAs together and sold off prior to  slow down. Worked a treat. When others are…[Read more]

I will do what I always do and will chase the cycles, the next to move will be Sydney,  we are not too far off and I will be loading up.Freckle,  I am only interested in what is happening on the ground, not interested in analysing this stuff it has been done to death.  WI

It's the package deal that's attractive, set up, accounting and legal services, pre tenanted properties, property management and lending. All that sounds pretty good. I don't have heaps of time and it would be nice for someone else to help sort that out. However, as I suspected and as people seem to confirm, there is a high probability that…[Read more]

Looking at some first time investment in the us. I've been looking at a few different companies and at a superficial level us invest seems pretty good.They give you access to a bunch of accountants and lawyers, And set up your accounts and llc. They do charge 4k per property though they come pre tenanted.They've been hesitant to give me any…[Read more]

Hi AlexI am not ready to pack up yet, just makes it damn harder to find those little gems..cheers WI

Only two U.S. metro areas have had increases in home values since the peak of the housing market in 2007, and they're both in Texas: Houston and San AntonioHi PeterI don't bother too much with what is written about the US market or OZ for that matter, stats are always rubbery at best.I am interested in what is happening on the ground. In At…[Read more]

No rental income however you sell for 5 to 10 times what you paid for itI just bought 7 lots premeir Henry county location. Houses are in today's market. 300k plus we snagged them for under 5k each. Will sell within 3 years at 30k plus each. Nice alternative investment. And no land lording which is worth a bunchI have been trying to buy homes…[Read more]

"Here is my prediction… better popular markets will start to see bidding wars… Its already happening in Atlanta, Although How low could those prices go Cricky ( or how ever you spell it)"Crickey…. Jay I think you may be right.Good deals are far and few between – lots of competition,   I also suspect that owner/occupiers are jumping into th…[Read more]

. Speaking to some local RE Agents this week to see what they think and what has happened historically with this situation in RockhamptonThat is a good idea.My brother-in-laws home was completely asbestos unfortunately, they then decided to brick clad the home, so now they are stuck with it. They did receive another offer, however considerably…[Read more]

Just checking out my insurance on one of my properties in Atlanta $168,000 –    premimum  -$896 per annumAlso include premises liability  $500,000

"What do you think? If you wanna share the way you structure your taxes would be much appreciated"Hi FrankI have been purchasing properties in US using LLC, I have 3 properties in each LLC to minimise my exposure, my trust is a member of each LLC. I am using Australian funds to purchase the properties and setting up loans for each property.  I w…[Read more]

"hahaha, this forum is the best one i use hands down"KylermricetI am enjoying this thread too,   there is also another forum you may want to check out Somersoft.I wish I could say the same for Biggerpockets, I have  found this forum hopeless, I think they now charge you to become a memberl. Any good US forums??Cheers WI

HI Shane

My brother in law is trying to sell a property, he has had 2 offers both deals fell over, apparently once both buyers found out it had asbestos walls they pulled the pin.

What State are you in, as I may be able to recommend someone who can remove the asbestos.

Personally I would get rid of it.

WI

HI ShaneMy brother in law is trying to sell a property, he has had 2 offers both deals fell over, apparently once both buyers found out it had asbestos walls they pulled the pin.What State are you in, as I may be able to recommend someone who can remove the asbestos.Personally I would get rid of it.WI

Ha ha ha…. as they say CASH IS KING

Hi Lawsjs,  you have once again managed to write a book and you forgot to answer my question "why do you endorse a product that you obviously know nothing about"???    Would welcome feedback from Jay? CheersWI

Hi EmmaThe only concern I have with using US accountant is that they do not understand how Australian Trusts operate/work and for me this is so important as my Australian Trust is the member of my head LLC.Case in point was a recent incident where my Oz accountant recommended a resolution for my trust which would assist with reporting issues and…[Read more]