You've got a lot of questions there. I'm a genuine purchaser of property in the US not a seller. So I consider my opinion completely independent.
You've got to get yourself up to speed with the markets. I've put a post on here about free data and reports on the us markets. This will save you hours.
After completing the research, I've…[Read more]
OK- data buffs – I've got some more sources:
Tax friendly states:
CNN Forecasts on Prices next two years 300 markets:
Stats on areas
May seem obvious source of data, but, this has some great stats on employment trends.
Jobs create people inflows which drive demand for housing. The beauty of this resources is that has trend data which is very useful for narrowing down areas to invest.
I have no experience of his coaching but his books are excellent and are rapidly changing my life. Since picking up my first of his books two months ago, I've now read 5 and have another two to go.
As a result of his books, I have set my sights on goals that only months before I thought were a pipe dream. Very shortly, I'll achieve my dreams of…[Read more]
I appreciate you sharing your thoughts.
"Traders always get in trouble when they price real estate “as a commodity.” And that is the ongoing issue for today’s chastened buyers: too much product looks no better than that— commodity"
Can you explain this a little more please?
Re interest rates – they have to go up in the US at some…[Read more]
Big John replied to the topic US tax return help -Aussie with US property investment in the forum Overseas Deals 9 years, 7 months ago
Thanks All. I am right for tax returns but what about someone who can give advice on structuring your affairs to minimise tax? The people I've been referred to so far charge an arm and a leg.
I've thought about this deeply. I'm an economist (completing my PhD) and have struggled to find a reason not to invest in the US. I've now bought 5 properties.
To date, I can see a few benefits:
1. Significant positive cash flow in a lot of areas
2. Turnkey, tenanted properties no more than 50% of their price at peak
3. Economic fundamental is…[Read more]
I currently have 5 properties in the US and would like to buy another 30 in March.
Deals like this seem too good to be true. I must admit I've been very tempted. My advice is to get the property address and google it. There is a leading us web site which gives crime stats and rates local schools.
Also consider how old the property is. It's…[Read more]