Hi All,
I’m thinking of going to Rochester USA in October, being a new investor in this nation I’m sending out the call to others who may be interested in going with me there. I’ve researched the area, looked at what is available and believe there are opportunities available for those interested in positive cash flow.To those who may be interested like myself to try and look at a different and much larger market please contact me either through PM or in a response.Thanks Martin[biggrin]There are 3 types of people:1. People who make things happen.
2. People who watch what happens.
3. People who wondered what happened.I’m going to watch what happens, B04 [wink]
Celivia
Hi Celivia,
I too hope things turn out right its a big step. But one thing I can be gateful for is that my wife and I started out in this property investing cycle approximately 11 years ago after being university students paying other peoples rent. We were totally into this negative gearing thing which at the time was in. After reading books and going too seminars (not paying much of couse we we just out of Uni) we continued too purchase properties and through sheer accident definately not planning we were hit with the property boom before then we were scraping too make ends meet. With the property boom and two children and property sold we now live in our dream home a little bit wiser in property investing. Guess what the opportunities we had several years ago have gone and thus we are now looking further afield which is even more scarier which led me to post this. I’ve researched and it looks good I to hope it works out what are the other options other too stay in the job where I am at for the next 23 years.MartinThere are 3 types of people:1. People who make things happen.
2. People who watch what happens.
3. People who wondered what happened.Bris04,
Good to see another Brissy…
How is Rochester compared with Texas in your research as I have friends buying groups of units there (Texas)for +cf also.Have sent you a PM.
RegardsIm planning on going in october would be interested in having a chat
Monopoly, my favourite game
Hi Rick,
Looking at going early October, the more the merrier, feel free to contact me I will PM you.Hi Bris 4171, no havent looked at Texas yet just concentrating on one city at present. Thanks Martin[biggrin]There are 3 types of people:1. People who make things happen.
2. People who watch what happens.
3. People who wondered what happened.Texas is very strong and we have many clients who have purchased there as well as Rochester and surrounding areas of NY State.
Certain financing legislation makes obtain loans in Texas a little unusual as the have seasoning rules and Cash Out rules on HELOC’s.
Cheers Richard
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http://www.yourstatefinance.comIP funding and US property finance
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Hi Bris4171
I am interested n Texas. Are you or have you bought there? Are you planning a trip over?
cheers
Tonilots of people talking about USA. maybe i should check the place our instead of wondering what its like
Hi Toni and PropertyPassion,
First of all Toni no I havent purchased in Texas or any where else in USA, since posting this thread a number of people have expressed interest in going over there all first time investors in USA but have invested in Australia. What I have found just looking at Buffalo and Rochester on realty internet sites is amazing positive cash flow property.There are however other things too look at ie having a good team set up before you go ie. Building inspectors, solicitors, financer,realtor, etc.Also investigating the areas which you are looking at.To also having a good structure set up in regards too asset protection and tax minimisation.Good luck looking and too all thinking of going there please drop me a line.[biggrin][biggrin]MartinThere are 3 types of people:1. People who make things happen.
2. People who watch what happens.
3. People who wondered what happened.
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