Any more news about that one? Hoax or not?

Nigel, are whole  blocks higher cash flow than diverse, sparse properties, with the owner taking on building maintenance costs  factored in?

if it's anything like what we found in Japan, I'd say the only value in owning the entire building would be redevelopment/rebuild and renovation potential, but I'm wondering if its any different in the US or…[Read more]

Thought back upon this thread when I read this today – http://thailand-business-news.com/real-estate/42175-real-estate-in-florida-and-thailand-same-same-or-different

I love Thailand, don't get me wrong, but Florida it ain't )

Completely agree, Alex, when I say "I'll tell you what can be gotten" I'm referring to my own personal criteria and goals. Sorry, should have added that.
having said that, the area, budget, country etc sometimes dictate what sort of strategies can or can't be applied. If someone approaches me and asks for my help establishing a capital growth…[Read more]

I don't see this investment being any riskier than anything else advertised (should read "testified to") here and on other forums…it always depends on the people involved, even if its the safest  sounding investment in the multiverse – team up with weasels and your money gets weaselled away.

I particularly like the fact that Kyler was doing…[Read more]

No limitations in Japan as well.

Mattsta- so you spruik Detroit properties, but never purchased in the US personally?

Did you ever hear back from Kyler? I was also waiting on his reply…

jmsrachel wrote:
Ziv, do you think it will be like property in USA where you can pick up something at a very unbelievable price? I agree with you, and it ain't going to be small.

No idea, pure speculation, but the one trick pony economy and bunkering in china (and I don't believe for one second their "growth forecast upgrades" on the eve of…[Read more]

I wasn't saying this is THE indication, but I do think Australia has a correction coming, and it may not be very slight. Just another thought to consider.

Still going ahead with that Melbourne purchase, ezachar? (http://www.heraldsun.com.au/realestate/news/melbourne-property-prices-take-another-tumble-in-october/story-fndcv32g-1226508321671)

that could, of course, mean its the perfect time to buy, too…still, the rest of Australia is possibly due for a bit of bubble burst when the current mining…[Read more]

I think that's the main reason most of us venture overseas, for the high cashflow that's sometimes harder to get locally (and of course the much welcomed but slightly volatile currency fluctuations). If you want to buy safe and (potentially) growth oriented you can buy in the heart of Sydney, Tokyo or Manhattan, not much of a difference really, is…

Sure you're not mixing "best cashflow" with "biggest amount"? If you're getting 100 on your 1000 investment it doesn't actually beat getting 30 on your 150 investment, etc. just appears that way…

Been discussed on quite a few occasions – here's the latest one – https://www.propertyinvesting.com/forums/overseas-deals/4346306 British spruikers have also been flogging that one to death.

would be interesting to hear from someone's who's already invested in one of those?

Blackstone have been crowding the Asian market as well (http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20121031000006&cid=1102)…they, like most big funds etc, move in just after the market starts picking up again. been feeling them in Japan too, but they fire up the market, and stay away from the "diamonds in the rough" types that we…[Read more]

Truer words were never spoken. Research your providers thoroughly, make sure they know their turf (or that its even their turf!), and trust your instincts – if something feels amiss, don't hesitate to pull back, regardless of how promising the promises sound (in fact, the more promising they are, the more you probably have to look out, unfortunately).

Manutd123 wrote:
it's just been a very daunting experience and loss of money not to mention.

sorry to hear that its not the first time it's been reported on these sort of forums too…one of the main reasons we prefer to operate in Japan. Vandalism just doesn't exist, and crime is a very rare thing, at least as far as residential property is…[Read more]

Check out this thread – https://www.propertyinvesting.com/forums/property-investing/overseas-deals/4334944

there seem to be ways to do it, but its not straightforward…

unfortunately, that's not always the case. Profit and cashflow don't always go hand in hand with asking price…sometimes the more profitable properties aren't the priciest ones, even the opposite.

I loved the PayPal idea. If you can get your PM to use it, you've landed a good one I think. Wish we could get Japanese PMs to do the same- not very foreigner friendly there (at least not where the better deals are).