PropertyInvesting.com | biggaz13 | Activity https://www.propertyinvesting.com/members/biggaz13/activity/ Activity feed for biggaz13. Sun, 12 Apr 2026 11:53:40 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 3f8f1f04a944a230356c0f4fe992bbec biggaz13 replied to the topic Has anyone had their property Foreclosed in the US? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4409412-has-anyone-had-their-property-foreclosed-in-the-us/#post-4691168 Wed, 29 May 2013 14:57:58 +0000 Thanks everyone for your input.

Thejajco, thanks for your candid response about your experiences in Buffalo.

I am very interested to hear how things play out.

Hope you get the best outcome.

]]> b455a22f97cbf81b316b4717628fd0c6 biggaz13 replied to the topic Economic Crisis Ahead, the golden truth! in the forum General Property https://www.propertyinvesting.com/topic/4409421-economic-crisis-ahead-the-golden-truth/#post-4691231 Sun, 26 May 2013 18:01:25 +0000 When I was much younger in the 1980's I watched a silly movie called "Gremlins". It had several funny lines and one sticks with me. If you added water to these Gremlins they re-produced like crazy. So picture all these nasty Gremlins running around the place. One Gremlin was particularly smart and pretended to be a stock broker on the phone.…[Read more]

]]> 1e09a19b343cb77933fb46f01997007a biggaz13 replied to the topic Precise Property Management, MO in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408494-precise-property-management-mo/#post-4684307 Sun, 26 May 2013 05:16:19 +0000 Great to hear from you Rosa.
Awesome outcome.
Will be even better if the Aussie $$ continues to slide.

]]> 2e98fe8d5ef7a2c04cb1a8952b10b590 biggaz13 replied to the topic Has anyone had their property Foreclosed in the US? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4409412-has-anyone-had-their-property-foreclosed-in-the-us/#post-4691163 Sun, 26 May 2013 05:02:26 +0000 So far the feedback has basically been: Avoid Bufallo.
You would have to question why a financing vendor would take such a high risk borrowing money into a bad market.

]]> 3264cd474460b44896765146860af0d0 biggaz13 replied to the topic Has anyone had their property Foreclosed in the US? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4409412-has-anyone-had-their-property-foreclosed-in-the-us/#post-4691161 Sun, 26 May 2013 04:26:47 +0000 Fascinating.
It would appear Jajco’s options are not so simple.
It would also appear the current property managements advice to walk away and default could be bad advice.
Jajco’s, how’s it panning out?? and good luck.

]]> 1c35087a97d0b901276a2d1a60bb010b biggaz13 replied to the topic Has anyone had their property Foreclosed in the US? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4409412-has-anyone-had-their-property-foreclosed-in-the-us/#post-4691158 Sat, 25 May 2013 00:56:26 +0000 Nigel
To save me hours of Googling and research.
What’s wrong with Buffalo??
What would attract someone to buy an investment property in Buffalo? The bank must have had some faith in the deal if they helped fund the deal.
I don’t recall Buffalo ever being offered/advertised/portrayed as an appealing option for overseas investors.
For example, most…[Read more]

]]> 6df2625a32d553731cf176e00bb67001 biggaz13 replied to the topic Brisbane market in the forum General Property https://www.propertyinvesting.com/topic/4409407-brisbane-market/#post-4691122 Fri, 24 May 2013 08:02:14 +0000 JacM of 1992 posts. I’m rating your post with a thumbs up.
If the pattern of the last 120 years holds true, and I reckon it will.
The good times are not too far away.

]]> 7abd5a2efd662da4f3bbafcf8b7e9f14 biggaz13 replied to the topic Precise Property Management, MO in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408494-precise-property-management-mo/#post-4684304 Fri, 24 May 2013 07:50:02 +0000 Has anyone heard from Rosa Tong lately????

Hope she sorted this mess out.

]]> ec7c2e60336e4bcd7add28a6ce72bc64 biggaz13 replied to the topic Brisbane market in the forum General Property https://www.propertyinvesting.com/topic/4409407-brisbane-market/#post-4691119 Fri, 24 May 2013 07:47:38 +0000 JacM (1990 posts!!!!!! = Awesome) –

I reckon that’s a pretty safe bet. During the good times, I also reckon the top-end property market will fly the highest.

]]> 42dd2867c09d5aac6576734e9b826001 biggaz13 replied to the topic Brisbane market in the forum General Property https://www.propertyinvesting.com/topic/4409407-brisbane-market/#post-4691115 Fri, 24 May 2013 05:17:57 +0000 Freckle

How on earth have you made 1115 posts in 16 months????
I decided against trawling through 1115 posts so I’ll ask here:

In fact, I will re-ask Geddo’s question from above: Why do you hang around a property investing website when you state “the entry time for property is not now. Hasn’t been for years now”?

I am confused by another…[Read more]

]]> 3855cb7387ca3d9c0ead3658d4e0c4f5 biggaz13 replied to the topic Post Divorce Disaster in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4409402-post-divorce-disaster/#post-4691079 Fri, 24 May 2013 04:07:36 +0000 The first thought that came to my mind was: Sack your lawyer.

I have never heard of a court injunction preventing someone from filing for bankruptcy.

I just had a glance at the Commonwealth Bankruptcy Act 1966. It looks long and complex. To muddy things further, there appears to be variations between the States.

I would seek proper legal advice…[Read more]

]]> c833c312b6afa916c5527c617ebb30c7 biggaz13 replied to the topic Has anyone had their property Foreclosed in the US? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4409412-has-anyone-had-their-property-foreclosed-in-the-us/#post-4691155 Fri, 24 May 2013 03:29:25 +0000 Out of curiosity:
Who is the mortgage through??
Why Buffalo, New York??
Define “ruined”.
Define “poor property management”.
When did you purchase the house??
Who did you purchase the house through?? i.e. Buyers Agent??

If you successfully got a mortgage through a US bank then presumably your deposit was sizable (upwards of 50%). By US law, you…[Read more]

]]> e65f601507af4fd25c386470b96fd77a biggaz13 replied to the topic Precise Property Management, MO in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408494-precise-property-management-mo/#post-4684300 Sun, 27 Jan 2013 22:37:45 +0000 I've had lots of promises but nothing yet.
"All talk and no action." as the saying goes.
It would appear the tenant has stopped paying. I probably wouldn't know this if I hadn't of made repeated enquiries.
The level of communication is terrible. I still can't work out whether its because they are apathetic, incompetent, inexperienced or…[Read more]

]]> bb8b79f21678d94b90b2bdfc12b6a71c biggaz13 replied to the topic Precise Property Management, MO in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408494-precise-property-management-mo/#post-4684298 Thu, 24 Jan 2013 17:49:56 +0000 Hi Rosa
Any feedback on the cleanup of the house??
I'm lead to believe finding tenants in KC is difficult in January (bloody cold!!).
Hope it goes well for you.
Gary

]]> a9b986c5915decef151da168166fb68f biggaz13 replied to the topic US Property - good idea if America goes broke? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408519-us-property-good-idea-if-america-goes-broke/#post-4684627 Tue, 22 Jan 2013 06:32:52 +0000 Sounds like a half glass empty approach to me.
USA – going broke
Greece – broke/harsh austerity measures/defaulting
Spain – 25% unemployment
UK- double dip recession on the way
France – massive debt problems
China – hard landing
Germany – weak
Euro – collapsing
Australia – "Massive property bubble" Harry Dent
Ireland – in strife and part of the…[Read more]

]]> 4fc651637af31aa264fcb1745bd6270b biggaz13 replied to the topic Precise Property Management, MO in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408494-precise-property-management-mo/#post-4684296 Mon, 21 Jan 2013 03:33:31 +0000 Hi Rosa

As I see it, this is one of the main problems Australians will have investing overseas. Apathetic, incompetent or simply inexperienced property managers who know you are 14,000 kilometers away. 

I have 2 property managers here in Adelaide. If there are issues, flick them an email, pick up the phone or take the 5-10 minute drive to their…[Read more]

]]> 5fff8214f4709b414f9d5362714d8874 biggaz13 replied to the topic Precise Property Management, MO in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408494-precise-property-management-mo/#post-4684291 Sun, 20 Jan 2013 13:27:24 +0000 Hi Rosa.
What problems are you having with them???
Thanks

]]> 012c7c78b59160c5f39d7917a6a61eac biggaz13 replied to the topic US BANK ACCOUNT in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407583-us-bank-account/#post-4677152 Sun, 20 Jan 2013 13:23:42 +0000 Turns out some Australian investors who had their bank account setup with Wachovia then migrated over to Wells Fargo are now having issues.
Long story short.
Some international accounts have been made "dormant" as the account holder had not been to an ATM machine or used a cheque in the US despite regular deposits. Now there is some exercise in…[Read more]

]]> 94bcbc04c9e04f4a8ecf4b8baf1f21fe biggaz13 replied to the topic US tax return help -Aussie with US property investment in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408110-us-tax-return-help-aussie-with-us-property-investment/#post-4681076 Sat, 24 Nov 2012 09:59:01 +0000 Hi Ivanc

We used:

Daniel Mitchikoff, CPA, FTIA
Director, Expatriate Taxation Services Pty Ltd
Mobile 0421 058 767 (Australia)
Email Daniel.mitchikoff@expatservices.com.au

We have 2 properties.
All done via email.
From memory it cost around $500. Cheaper in subsequent years.

All the best.

]]> 34347b5a7780873017f89ef9907bd7f9 biggaz13 replied to the topic US BANK ACCOUNT in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407583-us-bank-account/#post-4677150 Fri, 23 Nov 2012 00:00:37 +0000 Just received information this morning that Wells Fargo are closing all of its bank accounts to those people living outside of the USA.
Something about a loss prevention strategy. In fact many accounts have already been closed.

Personally I think the information is bogus.

Googling has revealed nothing.

Has anyone else heard about…[Read more]

]]> a44861db3defefb194759713be31dd80 biggaz13 replied to the topic Unit on a main road im looking at tonight - Need advise please!!!! in the forum Always consider your exit https://www.propertyinvesting.com/topic/4405617-unit-on-a-main-road-im-looking-at-tonight-need-advise-please/#post-4662000 Tue, 17 Jan 2012 09:48:20 +0000 Always consider your exit strategy.Will it take a bigger fool than me to buy the house when I go to sell it……….

]]> 204852e7f902a34644cb27bfd13552f4 biggaz13 replied to the topic BEWARE of Andrew Allan and My USA Property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4405332-beware-of-andrew-allan-and-my-usa-property/page/2/#post-4659824 Wed, 07 Dec 2011 14:22:05 +0000 jayhinrichs wrote:
OH come on. what horse crap…..just call a spade a spade <moderator: delete personal comment>.  who falls for this bunk anyways

Hi JayI think your summary is too harsh. Fraudsters and out and out crooks??? Nah.At the end of the day, they claim to be a buyers agent for Australians wanting to buy properties in the USA. Which…[Read more]

]]> 4562dcab0565e8b6cfcd6401af4b2b46 biggaz13 replied to the topic Tax Question on US Investments in the forum Frank How did you https://www.propertyinvesting.com/topic/4405361-tax-question-on-us-investments/#post-4660032 Tue, 06 Dec 2011 10:42:59 +0000 FrankHow did you go?????Gary

]]> 81cbabe2e7257eebcce31449c5bd248d biggaz13 replied to the topic BEWARE of Andrew Allan and My USA Property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4405332-beware-of-andrew-allan-and-my-usa-property/page/2/#post-4659820 Tue, 06 Dec 2011 10:38:28 +0000 To the original poster.Sorry about the bad deal. Hope it all works out for you.I bought 2 properties from My USA Property.For me, I got the feeling they simply linked me up with a wholesaler in the USA and randomly selected properties from their webiste. All questions I had were re-directed to the wholesaler. The wholesaler did all the work. The…[Read more]

]]> 4ef62c41eeaa0b9316ae8120106b910e biggaz13 replied to the topic MyUSAProperty - Beware !!! in the forum Overseas Deals https://www.propertyinvesting.com/topic/4401605-myusaproperty-beware/page/5/#post-4634629 Sun, 20 Nov 2011 23:37:27 +0000 Hi Money for Jam"My USA Property" changed their name to "US Property Sales Australia" about 6 months ago. All the staff and processes slid across under the new banner. I think you will find the name of "My USA Property" is dissappearing, not the company.Ironically, I bought my first US property through "My USA Property" and it was actually a p…[Read more]

]]> 890f3bd2b24667b446159f6ff82207aa biggaz13 replied to the topic soooo Who here ownes property in USA ? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4404716-soooo-who-here-ownes-property-in-usa/page/2/#post-4655760 Wed, 28 Sep 2011 12:13:40 +0000 Thanks Property_scout.I think I work too many night shifts………..Thanks for your input into these forums.As an aside for everyone. The A$ is moving!!!!!I imagine this will slow down Aussies investing into the US market. It's certainly going to put a smile on my face when I start dragging the rent money back into the A$…………I read…[Read more]

]]> fd0768fbfbe60a9f3f71af5063481036 biggaz13 replied to the topic Hmmm I wonder how MyUSA, HouseBuyersUSA, 21st Century Property, 888 Real Estate get their property? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4404824-hmmm-i-wonder-how-myusa-housebuyersusa-21st-century-property-888-real-estate-get-their-property/#post-4656488 Tue, 27 Sep 2011 11:23:46 +0000 Anyone intending on investing in properties in the USA I strongely encourage you to make the above website a part of your research. It appears excellent on the surface and if I go again, I will research this website first and bypass the buyers agent."apologise for ruining the secret but http://www.americanrealestateinvestments.com supply to all of the a…[Read more]

]]> 26267c203d89507b850f97078f46f7ee biggaz13 replied to the topic soooo Who here ownes property in USA ? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4404716-soooo-who-here-ownes-property-in-usa/page/2/#post-4655754 Tue, 27 Sep 2011 06:34:18 +0000 Property_scoutI agree with you and disagree with you. To put people who are time poor and lazy in the same basket is just unfair. "I am the kind of investor who likes to do it on my own and research research research and find the best bang for your buck. I feel that going through an Aussie buyers agent has its pros if you are lazy and time poor bu…[Read more]

]]> 2b6d90fba0adb74abc270007a6e3e246 biggaz13 replied to the topic soooo Who here ownes property in USA ? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4404716-soooo-who-here-ownes-property-in-usa/#post-4655736 Fri, 16 Sep 2011 02:05:39 +0000 Hey RickDespite the thread "Beware My USA Property"…………………I'm using My USA Property or whatever their new name is. I guess when you create a thread asking people to air their grievences, you'll invariably get a few.I've not had any major issues with them. -They've made the buying process straightforward. -They did pretty much exa…[Read more]

]]> fb1e9b36103aa7f91eec212275de55c1 biggaz13 replied to the topic soooo Who here ownes property in USA ? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4404716-soooo-who-here-ownes-property-in-usa/#post-4655733 Thu, 15 Sep 2011 22:26:37 +0000 Hi RickHAn answer to your original question.Just the one property. Almost have a second in Kansas City.But I will stop there I think. There have been some recent tenancy issues with the first property. Promising to pay the rent then not. Then they become uncontactable. Then they claim to not have any money……………….Stress. Not much you c…[Read more]

]]> d50cd0ef0ca66a2d82556975a10357a1 biggaz13 replied to the topic MyUSAProperty - Beware !!! in the forum Overseas Deals https://www.propertyinvesting.com/topic/4401605-myusaproperty-beware/page/4/#post-4634613 Wed, 13 Jul 2011 07:07:42 +0000 Hi JayhinrichsAre you from The True Wholesalers Houses website at:http://www.truewholesalehouses.com/jayhinrichs.htmlYou had me worried when above you said "..wiped out if your buying 40k an under properies in theUS.." Maybe its the wrong Jay Hinrichs but at that website above at True Wholesalers there is a house for sale at Jackson: Jackson, MS…[Read more]

]]> cf456a2623afe4b6692a054f934630ed biggaz13 replied to the topic USA - Where to buy? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403705-usa-where-to-buy/page/4/#post-4648258 Wed, 13 Jul 2011 06:36:08 +0000 Jayhinrichs has spoken.Interesting post.

]]> 6ce8011d55be6eeda42b557f57a3a030 biggaz13 replied to the topic Property managers needed in Adelaide's South in the forum Help Needed! https://www.propertyinvesting.com/topic/4404089-property-managers-needed-in-adelaides-south/#post-4650919 Fri, 01 Jul 2011 19:09:26 +0000 Try Andrew Kitchen at Raine & Horne McLaren Valeandrew@rh-mclarenvale.comMy wife did all the research and selected him to look after both our properties. He's been excellent for us.Very switched on.Good luck.

]]> ac1f8f69a6ae4697a2d1d4ffd0b56f8e biggaz13 replied to the topic Lodging a tax return in the US in the forum Overseas Deals https://www.propertyinvesting.com/topic/4402362-lodging-a-tax-return-in-the-us/page/2/#post-4639195 Sun, 26 Jun 2011 17:51:10 +0000 TassieJH wrote:

rlillycrop wrote:
Hi TassieJHI think you will need to check with your Australian tax office what needs to be reported to the IRS because of the tax treaty situation. Generally with LLC income it is passed through to the individual(s). So with single member LLC's you are taxed like an individual and with multi-member LLC's the…[Read more]

]]> af2cd961b9f4900e0f8375fe698c0cb1 biggaz13 replied to the topic Fully grasping US taxation in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403001-fully-grasping-us-taxation/#post-4643414 Sun, 26 Jun 2011 17:30:09 +0000 Hi StuartDid you get your answers to your questions??Did you go with an "expert" and if so, which one? cheersGary

]]> 0a367cfc1c8d1af893f0f98c4e1d4653 biggaz13 replied to the topic Investing in Davoren Park in the forum Help Needed! https://www.propertyinvesting.com/topic/4404036-investing-in-davoren-park/#post-4650574 Sun, 26 Jun 2011 13:03:49 +0000 I was vaguely aware of the Playford Alive rejuvination project.The Land Management Corporation has made some pretty audacious claims in the past and it seems like they are making some huge claims in this project. Yes, lots of promises but I'm not convinced. My cousin lives in Davoren Park. Chronically unemployed. 7 kids. Can't move out because he…[Read more]

]]> 8d5ad6ec7f6b3a1d150f4e60ec775555 biggaz13 replied to the topic Investing in Davoren Park in the forum Help Needed! https://www.propertyinvesting.com/topic/4404036-investing-in-davoren-park/#post-4650571 Sat, 25 Jun 2011 18:10:50 +0000 Hi LizI've lived in Adelaide since 1996 and in South Australia since 1984. If someone in the street came up to me and asked "what is the worst suburb in Adelaide?" I would immediately say: "Davoren Park". I wouldn't need to consider it, think about it, or reflect on it. It's "Davoren Park". I have several investment properties around Adelaide and…[Read more]

]]> 7af2cc24eda50b0d9ed4aa17502bd8a2 biggaz13 replied to the topic Buying in the US - To use a Aussie Buying Agent or DIY? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4404035-buying-in-the-us-to-use-a-aussie-buying-agent-or-diy/#post-4650557 Sat, 25 Jun 2011 12:12:38 +0000 Thanks for your input Craig.I think the way you have done it is probably the best way to do things with the highest return. Not just the hightest return but the most rewarding experience.Time.It all comes down to time. Cut out the middle man and do most of it  yourself. Me? I had to use a buyers agent otherwise I simply wouldn't have done it. I j…[Read more]

]]> 8616c9dacf32eea4b1d9c42bd359d602 biggaz13 replied to the topic MyUSAProperty - Beware !!! in the forum Overseas Deals https://www.propertyinvesting.com/topic/4401605-myusaproperty-beware/page/3/#post-4634588 Thu, 23 Jun 2011 04:57:30 +0000 I think My USA Property has ceased functioning under its current name.Name change: US Property Sales Australia

]]> 683ec711613a5019bbd565f7f9d60244 biggaz13 replied to the topic EIN, ITIN Forms in the forum Overseas Deals https://www.propertyinvesting.com/topic/4402874-ein-itin-forms/page/2/#post-4642544 Wed, 22 Jun 2011 16:02:47 +0000 Trawling through the old forums on night shift.Love this post.cheers

jayhinrichs wrote:
Highincome,when you establish an LLC you have to have a registered agent for Service that is located in the state of your LLC. If you get sued its your resident agent that gets served. And you will get sued personally as well no lawyer just sues the LLC. The…[Read more]

]]> a0467f690f9ddd29b21831303bd2a2c8 biggaz13 replied to the topic How to Register an LLC & EIN and save $$$ compared to AUS buyer agents in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403884-how-to-register-an-llc-ein-and-save-compared-to-aus-buyer-agents/#post-4649440 Wed, 22 Jun 2011 15:40:18 +0000 Hi Property ScoutAn enquiry if I may. Do you not also need an ITIN (Individual Taxpayer Identification Number)???Or by setting up the property under an LLC avoids the ITIN application and you simply need an EIN (Employer Identification Number)?Thanks for the heads up on the LLC setup.

]]> 6297e245d604a87929ec050015af5ad3 biggaz13 replied to the topic Investing in Bali, good step or? in the forum When I was in Fiji last year https://www.propertyinvesting.com/topic/4403681-investing-in-bali-good-step-or/#post-4648088 Tue, 31 May 2011 12:07:57 +0000 When I was in Fiji last year I did a little research on buying a freehold property near the beach.

Some good. Mostly bad.

+ Exchange rate was fantastic.

+ Free hold property was in fact near the beach and Nadi airport and thus enticing

+ Beach looked beautiful

– Some parts near the area had a real 3rd world feel about it. You know, steel…[Read more]

]]> 5694f167d228b1a585ec5c312a81bbee biggaz13 replied to the topic Investing in Bali, good step or? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403681-investing-in-bali-good-step-or/#post-4648088 Tue, 31 May 2011 12:07:57 +0000 When I was in Fiji last year I did a little research on buying a freehold property near the beach.Some good. Mostly bad.+ Exchange rate was fantastic.+ Free hold property was in fact near the beach and Nadi airport and thus enticing+ Beach looked beautiful- Some parts near the area had a real 3rd world feel about it. You know, steel bars over…[Read more]

]]> c8f08b4c464c2445be7e38320fa296fb biggaz13 replied to the topic Transfer Money from USA to Australia in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403792-transfer-money-from-usa-to-australia/#post-4648936 Tue, 31 May 2011 11:46:53 +0000 Interesting question.I used Ozforex as well and they were excellent. No chance you can use them again to return the rent money back into your Australian bank account???Which bank in the USA are you with?? We ended up using Wachovia. So far so good. Although I notice they will slug me $40 everytime I transfer money out internationally.More bloody…[Read more]

]]> afdeee10be2e9c19897cc58d4ac19621 biggaz13 replied to the topic USA - Where to buy? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403705-usa-where-to-buy/page/2/#post-4648201 Mon, 30 May 2011 11:53:08 +0000 Yes. There are bargains in Cleveland. Increased foreclosures have placed pressure on the rental sector as people are looking to rent a home instead of purchasing one. I read somewhere that over 50% of all properties in Cleveland are rentals. So there's high demand to rent your property.Cleveland's largest employer is the Cleveland C…[Read more]

]]> f5ad53b3fb406b87daa99b04de26aac8 biggaz13 replied to the topic USA - Where to buy? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403705-usa-where-to-buy/page/2/#post-4648199 Fri, 27 May 2011 04:40:11 +0000 My proof reading needs working on!!!!In a previous post I said "There's massive junks of information on each city……"FAILI should of said "There's massive chunks of information on each city….."None of the information is junk. It's all important. It's really a matter of what you place more importance on.Thanks.

]]> 504ceb9f1dedbc2e380b6d72d0da2161 biggaz13 replied to the topic USA - Where to buy? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403705-usa-where-to-buy/#post-4648198 Fri, 27 May 2011 03:23:55 +0000 Cleveland Ohio+ Excellent rental market+ High income to price ratio = Excellent Cash flow straight up+ Cleveland Clinic. Massive health employer and it's going nowhere.+ Cleveland is pushing really hard to grow its technology based industries and research centres. Its going from strength to strength. + It's on a lake (Lake Erie). I think most ci…[Read more]

]]> 043d2543dbf3ee5924661907cc7268f2 biggaz13 replied to the topic USA - Where to buy? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403705-usa-where-to-buy/#post-4648196 Thu, 26 May 2011 23:58:33 +0000 Mr MorpheusbushyDo you feel comfortable drawing a conclusion on each city you research? Perhaps a small summary with dot points revealing the positives and negatives. There's massive junks of information on each city and it becomes difficult to interpret what that information actually means for the average investor from Australia. Especially a…[Read more]

]]> 29aeedb9c6e1d6330ce5c35ae48d4ba2 biggaz13 replied to the topic USA - Where to buy? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403705-usa-where-to-buy/#post-4648188 Tue, 24 May 2011 06:35:14 +0000 I read somewhere that if you seek capital growth then Texas is a really good price to seek it. But your entry cost is substantially higher since a lot more people are competing for the properties. If you seek positive cash flow then you seek outside Texas.Perhaps a good balanced strategy is one property in Texas and two cheapies in Kansas City or Atlanta. 

]]> 8538a948b2b06e5316619d3f21495550 biggaz13 replied to the topic USA - Where to buy? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403705-usa-where-to-buy/#post-4648183 Mon, 23 May 2011 14:54:08 +0000 Well put together Anthony. It's like using a funnel. You find the country: USAYou find a state: TexasYou find a city: DallasYou find a neighbourhood:??? Or perhaps a section of the city that is acceptable. Just as important, a section of the city that is not acceptable.Dallas doesn't appeal to me and I'm not sure why.But I'll keep reading your…[Read more]

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