Hi Jay
that is interesting, when I started investigating the market in Atlanta I contacted RJ about the Atlanta market he was buying up big in Henry County, am sure he has done very well.

Cheers WI

me too:)

http://www.buycashflowproperties.com/wp-content/uploads/September-Newsletter-2.pdf

I think this newsletter has some very interesting insights.

Cheers WI

Hi Jay
When the Oz market starts to rise working up to a boom it is crazy.
Real estate agents don't return phone calls, multiple offers, infact some investors/buyers will offer over the asking price just to secure a property.

I have been through a couple of property booms now and I can also say that some properties in tightly held areas will not…[Read more]

HI Jay
thanks for this interesting article.

In the article they have written rental returns of $1500 per month in Lithonia seems high, I wonder whether this is correct? What sort of property this is? As the highest I have achieved in a good subdivision in Lithonia is $1300 pa, 2500 sq ft home.

Are these companies holding out for the higher…[Read more]

Shape wrote:

Ossi89 wrote:
Hi, this is my first post on this site (I only joined 30 minutes ago). I am 21 years old, live in Sydney and have just bought my first investment property in Orange, NSW. I keep hearing stories about people under 30 on average incomes who have over 30 investment properties. My property in Orange essentially pays for…[Read more]

Jay
I think it is really a matter of desperation, when foreign investors purchase duds and I know a few, they that just want to off load as soon as possible, they don't understand the system, they don't know who to turn to and they know that if they have a tenant in place the company can off load as soon as they send the property out to their data…[Read more]

Yep, that's about right.

So I think there will be many of the 'C' class properties off loaded again.

These companies will take back the lemons and on-sell for the client as they just want 'out'   and these companies will continue to take their commission, so I would be very careful if you happen to see some of the lower end or recognise a…[Read more]

"So for me once I can lock in a nice profit and that is coming real quick in Atlanta if not already here I am selling, can;t make a profit without selling… Once new construction starts in Atlanta the used stock will not be nearly as saleable as it is today".

Hi Jay
For those who say Atlanta had no possibility of growth, did  they get it wrong…[Read more]

Hi Ryan
I have one question for you/US Invest?

Is this property in the link attached one of US Invest properties that is or has been sold to investors? 

https://www.propertyinvesting.com/forums/overseas-deals/4345831

WI

Hi Tash72

Have you purchased property in the US, if so how did you acquire your properties and where have you purchased?

Cheers WI

This is Detroit we are talking about…
Insurance is a waste of energy in US, you need it, however only really any good if the house burns down, the excesses on these policies are around $1600-2000.

Trying to minimise your risk can help, but I guess when investing in US it will come down to buying in the right subdivision/State.

I know a couple…[Read more]

I think this may be one of their properties……………… buyer beware

https://www.propertyinvesting.com/forums/overseas-deals/4345831

It will certainly make it easier to rent as most will expect this.

xdrew
well done, and others who are just working it.

I have been creating cashflow with various strategies:

1. Purchased 8 properties in Atlanta at over 20% gross, this has taken me 12 months to find suitable properties which fit my criteria, unfortunately the market has moved and I can no longer find properties that suit this criteria.…[Read more]

xdrew
well done, and others who are just working it.

I have been creating cashflow with various strategies:

1. Purchased 8 properties in Atlanta at over 20% gross, this has taken me 12 months to find suitable properties which fit my criteria, unfortunately the market has moved and I can no longer find properties that suit this criteria.…[Read more]

I only build at rear for cashflow though there is most certainly equity in the deal, for example my total cost to build etc at rear today will be approximately $180K and rent will be approximately $420 pw for rear property.

If you find suitable site and repeat this a number of times there is no need to sell therefore building a portfolio which is…[Read more]

I have used Ventura on a numbe rof occasions and they are very good

Not sure what you mean by senior, they are experienced investors in the US market and they are also selling their own product, no offence intended to either Jay or Alex.

As I mentioned I am  achieving great results in US 15% net yields, they are no longer there coz the market has risen. Timing is everything in any market.
.
As far as Australia…[Read more]

Ilovehouses

I know  nothing about the Japan market.

 The reason I purchased in US was simply because of  the cashflow, 20% gross (15%+ net) and because I can purchase well below building costs at $20-30 per sq ft, once building commences I am expecting growth, however this is actually happening now/today. Obviously the yields are now diminishing…[Read more]