I strongly agree. Especially if one is a first-time buyer and in an unfamiliar market.
Foreign investors on residential developments are savvy businessmen and will initially have done their research about the market. But having a professional property management firm at your disposal to help you with issues on landlord taxes, mortgage, and all those more intricate parts of property investment might be too much for highly busy people to micro manage.gih_hk | Grosvenor International
http://www.gihlondon.com
Email MeDon’t the words “professional” and “paid” mean much the same thing? And if they don’t what would be wrong with having a professional unpaid adviser ie if one’s uncle was a tax specialist but chose not to charge his niece/nephew for the advise he rendered would it be any less worthwhile?Julian2
‘Professional and paid’ is not only someone who is qualified, but who bears responsibility for his services (or the lack thereof). The fact that your professional uncle doesn’t charge you a penny is an advantage only at first sight.. But should you ever have a disagreement, however, it may quickly turn into a huge disadvantage.., as you are not in the position to make any claims (to say nothing of sueing) your ‘unpaid’ uncle ))
Rupert
http:\\www.tranio.comHello all,
My partner and I have a few investments in Australia and would love to buy a property overseas. I was wondering if anyone had bought a property as an investment and whether they were able to claim the depreciation etc in Australia, also is it better to get a loan in the country of the property or here in australia?
Hello everyone.
I have a great business opportunity developing a community, farm and Ocean property in Chile.
Im looking for an equal partner to share cost of development. see details: http://www.movingtochile.comAbout the farm project in Chile.
I forgot to mention. On 20 acres of blueberries I can get around 100 tons a year after the 7th year, Ive seen farms getting up to 125 tons from 20 acres, price per kilo fluctuates between $3.00 and $4.00 per kilo. On 40 acres of pecan I can get also 100 tons a year after the 7th or 8th year, price also fluctuates between $3.00 and $4.00 per kilo. Labor, fertilizer and commissions is like $20% on blueberries and 10% on Pecans, so average is going to be 15%, so 85% is profit. The farms with the highest yields are the ones with owners involve and live on site. Base on this numbers the cash on cash potential could be 100% + per year. I get around 30 views per day on web-site and quite few people want to buy community lots, I can sell few lots fairly quick and recoup 50% of the investment in 2-3 years, so total investment would be less than $300k. Check site: http://www.movingtochile.com
Cesar
You must be logged in to reply to this topic. If you don't have an account, you can register here.
