US Invest Good Company Or Bad?

To get back to the original question, I don.t know  the company US INVEST but you have to understand how far people in the USA will go for $300 to understand the extent to which scammers will go for $3995!!!
You don't need a middleman, I have bought 5 properties inn Rochester for an average price $25500 each I have built up a team of buyers realtor, Property Manager and Attorney whom I trust. I have built up local knowledge, mainly through their help, and my average NET RETURN ON CAPITAL IS 30%( from year 2 onwards) The first year there are reno's, evictions of long term tennants and a general bedding down.- my worst return in year one is 15 %

Condev:  Can you give us an address and a pro forma to back up your claim?  Not trying to challenge what you said, but there a lot of pitchers on this forum and maybe if we make comments like this, we can have everyone back it up with addresses and numbers.  Thanks

cheeves.

simple math is 30% net on 25k investment is 7500 a year or about 650 a month net cash flow.

So…

If tax’s insurance are 150 a month
management 10%

lease fee one months rent.

100 a month for maintenance

And 100% performance

Rent would be about 1050 or better per door…. to achieve that kind of net yield and actually use. And since the poster talked about evictions and other reno’s the purchase price after repairs is probably greater than 25k purchase price or maybe not maybe he bought the 7k house and put 18k into it that could very well be…. However evictions cost money and their is lost rent.. etc etc.

So really all we need to know to figure out return is what the rent is… We know the running costs and he divulged purchase price…
I would find it hard to believe that low end rentals in Rochester are averaging over 1000 a month in rental income I guess would be my position.

650 to 800 I could see 1000 plus for 25k homes I would have to see to believe

prob not on a 25k purchase would need to pay bit more for higher rent..

ps. loving the ghetto hahahaha

As you have seen in the ‘confused Aussie’ post I am certain that the great percentage of these properties that were sold with headline grabbing returns will be available at unbeatable prices in the next 12-48 months.

Jay speaks as I see it with a slant for the ‘alien’ investor. I would love to see how Kyler operates – he plays in an umimaginably tough pond. Cheeves & Alex’s words ring true every time they write. All these guys are hard working experts in their highly specialised fields. Do not expect to come near their results as an out of town investor – I can’t say enough about how valuable long term knowledge is when you talk about US RE. It is an amazing body of advice they have offered here for free. I hope Aussies here reading this can really join the dots and understand exactly what they are saying.

 water tanks
ostriches
google  adds
sandlewood
slimming tea
black box  share trading
glossy prosectus horse racing scams

Hey Kyler,

What long term return are you getting on your investments? Give me an absolute minimum return based on worst case scenario. Not a "your house burns down worst case scenario''. Lets say 8 months rent with 10% repairs and pump up the managment fee's, insurance and council and school taxes.

Thanks

WATCH OUT FOR USINVEST. They create the image that the only fee they take is the buyers agent fee of $3995. They do not tell you that they struck a deal with the owner whereby they in fact purchase the property and then sell it to you at a much higher price. And then they have the audacity to charge the buyers agent fee on top of that.

They load the price so that it still is cashflow positive and appear good on paper even though it is overpriced compared to similar properties, however just because an investment is profitable does not mean you aren’t paying too much for it.

They also tell you on their website that you can get financing of 5.5% but when the real deal comes the rates are over 10%. Also on their website they promise a loan originator’s fee of 1% but when the real deal comes you pay 5%. These guys are just a bunch of marketers who have become greedy. All of them are still very young and surely still wet behind the ears. They are so disorganized the right hand does not know what the mouth has promised. They are making in excess of 20% profit on each property they sell. They are very good at marketing but not at anything else.

Much rather do this on your own. Get yourself a registered real estate agent (well known brand) and do the transaction yourself. Make sure you use an independent property inspector.