CL1706 wrote:
Hey guys – great topic. Further to your post Emma, I was recently in Atlanta on a property buying trip and thought I'd pop into Home Depot just to price white goods, kitchen cabinets etc and got chatting to a tradesman while in store. Long story short, he has been great in finding me some local guys who I have used to help out…[Read more]

Nigel Kibel wrote:
The fact is if you have money to spend be selective as to where you buy. There are plenty of better locations than Detroit

Have to agree with both Jay and Nigel jay you are right slums are slums no matter where they are.Was in Charlotte today looking at a house for $5k yes $5k ( located in Hidden valley ) Gang area, I counted…[Read more]

jayhinrichs wrote:
Alex now your talking Aussie language rentals by the week …  I think in OZ they do it by the week because they pick up 4 weeks of income that we lose here in the states renting properties by the month… Its brilliant really the weekly rate…Weely rent in the US is synonomis with a boarding house type environment or a m…[Read more]

worldinvestor wrote:
Trust nobody…… You need do your own homework and most importantly understand what you are researching.  Plenty of information on the forum to help you.

So true trust no one home work and research are the key to investing . This is a common sense approach to life. When I want some thing new for the house. Could be a c…[Read more]

Nigel Kibel wrote:
Yea its gone up in value with all the idiots that have invested there. Dont waste your money on this third rate city[/quote)Nigel I am afraid this is happening  in most  USA markets .The investor demand is driving the prices up. Most are overpaying  forcing even wholesale guys to raise the prices. Things changing fast here in…[Read more]

jayhinrichs wrote:
Alex my thoughts are the same as they always have been//The majority not all but the majority of the marketing companies selling off shore investments in SFR's are only in the business for one thing and that is to maximize thier profits period.They do not take the clients interest first… If they did they would never market…[Read more]

jayhinrichs wrote:
many Memphis folks.Just make sure you buy in the right area I would not buy anything sub 60k in memphis pesonally

The big boys in Memphis you know who I am talking about say nothing but 2k square ft or bigger and homes priced $100k or less.So we felt that was the way to go as well. Had the investors UK guy from  London and…[Read more]

Jay  I pulled similar  article up while I was speaking in both Malaysia and Singapore .I wanted to show investors , even with Zillow_ Google earth – and all the internet advancements. This is why I wanted them to come to the USA and Check things out if they planned on buying.

kylermrice wrote:
I was confused, I'm on the up and up, on what she meant now.Looked at one the other day for 1,500 dollars, lot fees killed any chance of cash flow.

near me I call them cash boxes. If I can buy single wides with the land for under $10k I take them all day long. Double wides willing to go to $20k if land is good area. Most can…[Read more]

emma171 wrote:
This COULD be fabulous or not but will keep you posted… Let's say you have a plumbing issue and need 3 quotes because you are sick of hyper inflated prices? Home Depot hooks you up with the trades from their list. 90 % obviously I have my trusted dudes but what if you didn't?? There is an app too. http://www.redbeacon.com/ For…[Read more]

Jayman wrote:

avest50 wrote:
There are so many sites on the internet about purchasing U.S property. Some people say its a great opportunity and others say its a scam… Who can I trust?

One of the many problems that unwary buyers get caught up in, is that there are so many US Property Supply Companies who are either trying to self promote on…[Read more]

zmagen wrote:
The short answer is "yes". As to the exact nature of the Singapore strata system and it's implications, I'd suggest contacting some local professionals, as my knowledge is extremely superficial. I don't live there and have never bought (nor do I think I will in the foreseeable future)

Been away from the forum 12 days over seas in…[Read more]

Texas Cash Cow Investments Australia wrote:
Alex,Thought you might be interested in this link….http://blogs.wsj.com/developments/2012/06/12/builder-branches-out-sets-course-for-charlotte/

Peter how are you? just landing in Malaysia well landed and got to hotel about 1 am. Here for 4 days then 3 days in Singapore . Thanks again.Alex

zmagen wrote:

Alex SC wrote:
…just picked up a 2 bd 1 bath cute little home for $13,500 from the walk around outside about 6 30 last night) that's  the part I love hunting down houses…

There ya have it, ladies and gents, and this is exactly why these local teams and middle men ARE a good idea (when they're the good kind, that is, you…[Read more]

mattnz wrote:
It is all going to come down to credit availability. When you see Americans able to purchase easily again as the banks loosen the purse strings, then property prices can take off again, especially with the low long term rates available. Hopefully financing also opens up for international investors at the same time, so we can ride…[Read more]

The smart investors have all positioned themselves in well in phase 1. Phoenix, florida and parts of Atlanta are beginning to dry up. The amazing deals are getting harder to come by. As long as Aussies realise they have probably missed the extreme value buys, and are prepared to take a small hit on yield, it will be ok for maybe another 12-18…[Read more]

emma171 wrote:
Alex – you are missing the point – I am talking about the Aussies out there that AREN'T licensed agents who charge say $4k – $5k to source the property but THEN charge the additional first month's rent….. I know just picking a little bit. I don't ever sound as intelligent as you ,Jay , or your brother. LOL my humor.. SOOOOOOO -…[Read more]

emma171 wrote:
LMAO….. aaah, yes, we have them all – only a mother could love (okay, being sexist….a father could love too)…..I will stick to my move in ready 15k no HOA townhomes that will rent for $700 a month in ATL…….heck, actually, was just extolling my old dry cabins (no water or electricity) in Alaska that rent for $500 a month…[Read more]

. FYI, the reason people charge you to rent your property out is because they are dealing with 3rd party property managers. Not true there are  alot of the major companies that just management properties. They charge you because it is there business and that's how they make a living.  Look up albright property management in RH SC 2200 units and t…[Read more]

jayhinrichs wrote:
a few forum readers have sent me some offerings from the UK companies pitching the buying of Hotel rooms in N. Dakota I reviewed the written material and have some comments 1. Not possible to buy one hotel room unless its been a legally recorded condo or Strata. 2. What they are offering is a 1/20th interest in a…[Read more]