Freckle wrote:

You'll have competition for cheap property I'm sure Jay. Good thing about Japan is there won't be any war zones like the US and they'll be ever so helpful and polite. Getting ripped off will be unusual rather than highly likely. 

It'll be a mecca for the idiot investor who shuns DD. Japs are just too darn honest and polite.…[Read more]

Great info, thanks! 

kylermrice wrote:
I get some more time, i will keep posting deals and will break them down.  There under contract so i have no problem putting them out there. 

that would be awesome, kyler, looking forward to it, the more details the merrier.

Dubstep wrote:

I also lost the Ziv family photo album in the change over

Thought I'll give you something new to work on

A very simplified view or, in other words, just one of the ways to skin a cat. There are many who would contest some of the "tips" therein, in particular the refinance and speculation oriented ones.

Mathew (https://www.propertyinvesting.com/user/minvestigator) has curiously deleted his comment as soon as I queried him about his recommendation, (his finger must have slipped), and my own question, maybe because it was written as a reply to him, has also vanished. Mathew was recommending this company for overseas property finance…[Read more]

Great newsletter, WI, cheers. devoured it with interest. 

I'd venture that should be your goal anywhere in the world, at least for the next decade or so…if you're betting on capital gain, you're better off at the poker tables. No offense meant to you savvy US folk, some of you will make some nice bucks if you're quick on your toes, and some of you did, or are making some nice appreciation premiums as…[Read more]

A quick online check seems to suggest that different provinces in Canada, as well as in Georgia, USA, for example, have slightly different rules and regulations regarding depreciation. My depreciation agent here in Australia, also, mentioned that capital gain laws seem to play a part as well (pre mid-1980s, for instance, cannot claim building…[Read more]

Not so fast, he still needs to sort the signature not appearing on new posts things. My poor little fingers have had enough copy and pasting to last them three lifetimes…

Living in close proximity to and running a resort is miles apart from purchasing and trying to profit on property from another country. I'm glad to hear your experience is positive, but at least for Fiji, I know of quite a few individuals who fared much worse than what you're describing, due diligence and all. Research is only good if the country…[Read more]

Meter Box (water, gas, electric), usually accessible from outside the unit.

So is it a pure cashflow environment, no capital gain in the last 3-4 years, and none expected? Or are there movements in different areas of the city, just not where you like to play? What are the demographics/nuances in the area growth wise? (not expecting you to crystal-ball/speculate, just interested in your opinion…)

Just out of interest- what sort of DD would protect you from corrupt officials who decide to take your property for their own, for instance? Or are you saying this never happens in the island nations?

Also not sure…I think there are differences in claiming purchase expenses, for instance, so depreciation may also vary, but never looked into Australia in that regard, so have no frame of reference.

You're referring to US properties, I assume? There are a few countries represented in "overseas deals", that's all I do Japan, I've noticed the uk, Romania, Bulgaria, Germany, Indonesia, new Zealand Singapore, china, hong-kong, India and Thailand also come up here, to name only a few…maybe be a bit more specific if you want more accurate…[Read more]

I know where you're coming from, most people hate it lol, but, truth be told, I enjoy the deal mining, spread-sheeting, negotiation, multiple portfolio management etc etc far more than the hands-on walking, inspecting, interviewing tenants, contractors, renovators, PMs, etc etc…that's one of the reasons Japan appeals to me so much- you can…[Read more]

Not to defend the seminars one bit, as I'm actually quite averse to them- but the reason I switched over to RE was, in large part, to be able to spend more time at home. You just don't get that working in corporate IT project management. )

Personally, I found networking and attending RE or financial investment conferences around the globe gave me…[Read more]

kylermrice wrote:
I can get good whole sale deals for about the same price as 2009

Kyler- you saying nothing's changed in KC in the last 2-3 years? Thought I was noticing some more wholesales popping up there, thought it had something to do with a pickup in activity, price etc…would love to hear more of your impressions when you have a minute

One property at a time, mate. once you have enough stable income to diversify and take on some risk, you can make some serious hyper-jumps (and hyper-falls, but then you can handle them).