"Jay is the real deal and I would look at his stuff very closely"LawysjsFirstly, I am not Karina, you are jumping to conclusions. Perhaps he is providing a good product that suits a certain type of investor who knows…. as I mentioned – there is no way I would want to be the "Bank" for any business, and what if the deal goes "belly up", negative…[Read more]

Just shows you how important timing is, the Perth boom started in 2001  peaked at 2006. What I think is the icing on the cake is if you also chase the cycles, when Perth peaked it was not too long after that the Melb market had a little mini boom jumping over 20%.WI

"Jay has an interesting concept which I quite like, you in effect 'partner' the building and get a lower return, but his group solves the day to day problems for you. The more experience you have I think the more you will realise what a good deal that actually is.".LawsjsSo would you personally buy this product?I have no real idea whether it is…[Read more]

$ per sq ft…. Be a bit careful… I know what you mean but as I said to someone in Vegas once…I can show you $19 a sq foot .. Doesn't mean you should buy.. It may never rent and should be bulldozed!Of course you are looking at a homes that are in a good neighbourhood/subdivision and you would be looking at construction no more than 10 years.

Hi SpeedyI stand by my statement regarding US market – its basket case and I would personally would not rely on appaisals etc . Personally  the only way of knowing whether you have purchased at real/market value is to work out how much it costs to build per sq ft and how much you actually paid per sq ft.  I agree, zillow, trulia etc are only …[Read more]

"So what I like about Atlanta is you take that same 125k Dallas home and we are all in at 50 to 70k… It sold new for 150… we are buying for far less than replacement cost. And I do beleive when all the properties get absorbed here over the next 5 years. and new construciton starts back up… New construction in these markets will be 125 to 150…[Read more]

"So I think if you are charging a fee and truly care about your clients I am all for it.So I understand why they don't put the addresses on their web sites( If you take the time to help your clients and do everything they don't have time to). Which is still amazing to us in the States where information is easily attainable. Again different…[Read more]

"I am still waiting though for folks to weigh in on my question.."Stable markets Vs a vi Massively defalted markets to be or not to be that is the question.I would really like to hear others thoughts on this… And rationalization for whatever postion you take."Hi JayI think you have made some good points and I agree with your view.  It makes…[Read more]

Alex SC wrote:
Hey All, After numerous conversations with international and National  clients the last few weeks, we are looking at viable exit strategies with the USA properties down the road. I am not sold on the 5 year return that a lot of other investors are speaking about.  I am also concerned about us turning retail areas into g…[Read more]

Texas Cash Cow Investments Australia wrote:

worldinvestor wrote:

staceymac wrote:
I am going into San Antonio myself. I head off there next month to do some due dilligence as part of a buying group. I will look at the other markets in Texas as well whilst I am there. I'll report back my findings. For me my main concern wont be paying a bit…[Read more]

staceymac wrote:
I am going into San Antonio myself. I head off there next month to do some due dilligence as part of a buying group. I will look at the other markets in Texas as well whilst I am there. I'll report back my findings. For me my main concern wont be paying a bit extra for insurance or taxes or whatever ongoing expenses.…[Read more]

staceymac wrote:
Yep I agree with the Ex-FX dealer. Not bothering to wait and try and pick a high. Whilst it is now good its time to buy. Come on lets be realistic anywhere near $ for $ is pretty good you would have to say. Rather get the right property deals in a high $$ than have to rely on the $$ and then find properties – thats not my focus.…[Read more]

USinvestnoob wrote:
I say you have to decide on whether or not your happy to pay circa $46kAUD for a $50k US property. There is a higher chance of the AUD to drop than there is of the AUD riding higher. Ie. How much higher do you think the AUD can go up to? VS How low can the AUD drop? People are now starting to say that the AUD can run up to…[Read more]

Alex SC wrote:
That understand the tax implications for Australian investors buying in the USA. Who also have worked in both USA and Australia.Please email me some contact information. I have some questions for some clients.Thanks Alex Alexfranks2002@yahoo.com

Hi AlexI have used James from Tax Central, I found him to be very good, also the fact…[Read more]

chuckyp wrote:
Hi, Disclaimer: I'm not an accountant or a lawyer so don't sue me for telling you what I would do Yes I resolved this after sifting through heaps of <a href="mailto:cr@p“>cr@p online and speaking to many people each with different opinions (many wrong or adding complexity for no reason). You need an LLC incorporated in the state…[Read more]

speedy gonzales wrote:

jayhinrichs wrote:
Astute comments.I never look at Zillow, I might have been on that sight once in my life…. Zillow is all over the map, It can show properties far too low in value then properteis that are far too high in value given local sales. The only way to value propert is through a BPO and get 2 of those.. And…[Read more]

jayhinrichs wrote:
Astute comments.I never look at Zillow, I might have been on that sight once in my life…. Zillow is all over the map, It can show properties far too low in value then properteis that are far too high in value given local sales. The only way to value propert is through a BPO and get 2 of those.. And or a for fee appraiser…[Read more]

mmandbean wrote:
There is a $995 joining fee which is refundable on purchase of your first property. Their website: http://www.usinvest.com.au/They have quite a high handling fee for their properties – over $3K.Someone must have used them?? Or heard something of them? If not guess I better start researching elsewhere!

I have not heard of them,…[Read more]

Investingnovice wrote:
Hey guys,Just to give you a run down on myself. I have previously invested in Kansas City MO and relatively happy with my purchase exceptions to:- My previous useless property manager – Minor maintenance issues with homeAlthough I have now developed contacts in Kansas City I want to invest into a different City and from…[Read more]

Alex SC wrote:
Yes Jay is a wealth of information on USA markets being he comes form both sides of the fence.The lending side and the rehab side. For me I have been the type of  buy and flip guy Jays companies lent money to. So  I understand the rehab and management aspect  pretty well .Where I am learning the lending( banking  side pretty qui…[Read more]