kylermrice wrote:
Section 8, another reason our country is in the trouble we are. I hate government housing! Our taxes for the people that can't pull there own weight.
Richard Davies wrote:
Well I will be starting a family with my wife in Brunei, which is a goal of sorts. But I guess with investment goals I will have to get back to you on that. Things will become clearer once I start getting some sort of cash flow for the US properties.
Mate, forget property, best of luck and congrats! ) what’s Brunei like?…[Read more]
It's certainly good as in relatively safe and stable. As for profitable – depends what you're comparing it with, I suppose. Not my personal cup o'tea, but certainly not a bad Asian port to be parked in, at least in part, in my opinion (come on, Freckle, bring it on lol)
Alex SC wrote: At some point the USA Government will support the little investor or smaller investment companies . Who do things ethically and honestly and see there is a need for this type of service.Seems every one is just looking for the quick fix with out looking at the long term affects this could have.
Terryw wrote:
Not the place to be investing in I think.
Def not for cap gain, for hassle free cash flow, though, it can’t be beat. Or at least, I’ve yet to see how. All of these links are long term speculation and, as much fun as they are to discuss, they’re certainly not the reason to invest- at best they’d be the icing on the cake (that is,…[Read more]
As usual, we're in agreement on the grand picture, it's just that I have a bit more faith in the Japanese. Call me a romantic if you will, but I think there's something in 'em that's been through alot more, and with spectacular results, than this particular tsunami, as big as it may be. They do things their own way there, but their own way, while…[Read more]
jayhinrichs wrote: And on these super cheap houses in the Hood I would not even insure them except for liablity… Or I would be looking for a jewish fire…
As an ex-Israeli (and all-but-none-practicing-Jew) I strongly object to being categorized like that…Can see the point though
jayhinrichs wrote:
Good luck to those who invest… Just make sure you can recoup in 24 to 36 months…JLH
I'd say go for 12-18 months. Been looking for advertising locations around Australia recently, naturally wanted to shoot off some ads in mining epi-centres – and found out about 50% of the places advertised as such on the web have "moved…[Read more]
Freckle wrote: MY guess is they can't do it without guys like you. For any chance of success they have to tap into credible industry players to have any hope. I think they're dead in the water otherwise.
Spot on, been seeing some interest in Japan as well, and it does seem like they don't have the time, inclination or are simply not in the…[Read more]
worldinvestor wrote:
do not believe I could achieve the returns I am achieving if I purchased turn key
Absolutely, that's exactly what I'm saying. More hassle = More profit. 4-5 weeks is spectacular, but it's the time it takes me to find and negotiate a new deal. I'd rather do more of those with lower profits.
dan luchmaya wrote:
You would be better off buying already tenanted homes from other companies. The property that I purchased fro0m TRR settled in July and reno completed 2 months ago and still no tenant. TRR finally came back to me and said that I needed to do some more reno works to attract a tenant.What a dud!!!
Yes, being flogged that deal myself by some brits. As Freckle puts it, and as their guarantees promise, no one knows what happens after 4-5 years. Kinda like Aussie mining towns really…
jayhinrichs wrote:
Not sure what hardware is for your Japan properties but we just sent a package to Singapore
Thanks, been hearing alot about your service! However, we're into zero-maintenance, no need to really – last time we got a quote to spruce up a place it came to something like $2,000 including new wallpapers, kitchen & bathroom f…[Read more]
kylermrice wrote:
If i can pull it off myself, i won't try to tap the bank if i don't have to. Try to stick to having the least amount of debt that i can
Solid gold, my philosophy exactly. Make that income work for you, set aside 30-40% if you can, and you'll be able to increase your portfolio by 10-15% yearly with the best deals on the…[Read more]
kylermrice wrote:
I'll take LA and Miami over New York. No desire to touch Japan now with all that radiation fallout. I'm sorry, but they always dumb down how bad it is.
True, won’t live there myself till there’s more information available, and not the government issued bits. Fortunately from an investors perspective, though, the Ja…[Read more]
Might be a silly question but, why wouldn't I buy a whole, affordable, fully rentable $30K property in a good spot (still available in many places around the world), then add another every year, not depending on anyone else, nor on leverage? What's my advantage banding up like this? Even if something absolutely unmissable comes up at twice or…[Read more]
debralawson wrote:
I love new York city I'll be honest. Why I love new York I think is obvious and it's the only place I have ever really feel at home so to speak.
Couldn't agree with you more. I wouldn't trade the outback for any city in the world except New York & Tokyo (which might be a tad contaminated atm). The lower east side used to be…[Read more]