Total Members: 155,521

CL1706

  • Hi Steve,

    Thanks for the contact details – I am not sure whether many others have been in touch with Renee, but I am an Australian based investor looking for US finance to increase my portfolio of single family homes, so reached out to Renee over the weekend.

    Her response was that the FFIB only lend to foreign nationals if the purchase is for a…[Read more]

  • Hi Peter
    It seems that most of the negative stories that come out of US Property Investment are from those who have purchased via buying groups, who are in this to make themselves a dollar first and foremost.

    I’ve been fortunate enough to be purchasing property on my own, sourcing my own Property Management and its been a runaway success. I have…[Read more]

  • Hi Forum,

    I’ve been buying residential property across Atlanta for the past three years (individually, not through a broker), and am currently looking to spread the management of my portfolio across a couple of Property Managers.

    If you’re currently invested in the Atlanta market, and would be happy to recommend your Property Manager, please get…[Read more]

  • For what it is worth, I have invested, and am still investing in residential property in Atlanta, with continued success.

    My main response to the opening post is that you cannot buy on price per square foot alone. You need to drive the streets – Atlanta's housing can vary remarkably within 400 meters and the house that you see for $45,000 can…[Read more]

  • Interesting thread.

    I have a few properties in Atlanta which I have taken out policies through a major insurance company, and have bought another property this week, only to be told that the minimum deductible (excess) is now going to be $5,000 (previously $1,000), which to me is a way of them saying they don’t want any more of my rental property…[Read more]

  • Hi guys

    Although I have a Section 8 tenant in one of my properties, my Property Manager has tried to steer me away from future Section 8 tenants, mainly because of the administration involved in setting it up with the government.

    From a landlords point of view, I’m with Jay – if you have a solid tenant in and take care of the property,they will…[Read more]

  • Alex – would be interested in catching up next time I am in Atlanta (Oct / Nov). I think I have you on Skype – so will be in contact.

    Another thing which I have been doing while back here in Melbourne is paying $400 for a Home Inspection on any purchase I make. Last week I bought a house in Atlanta for $46K, and paid $400 for an inspection which…[Read more]

  • 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 get my houses into…[Read more]

  • I walked into a Wells Fargo branch in Atlanta as was able to establish a personal account, as well as an account in the name of my Georgia based LLC which I transferred USD into from Australia.

    To wire money to my Attorney for deposit, and settlement funds I needed to set up an Authority with Wells Fargo which allows me to initiate wire transfers…[Read more]

  • Alex SC wrote:

    CL1706 wrote:
    Like a couple of people here, I am heading to the USA in late March with a view to spending two weeks in a city, and purchasing two or three properties as a starting point. Are there people here who had genuinely done this and made it work, and are willing to talk about it? Please direct message me if you have…[Read more]

  • Like a couple of people here, I am heading to the USA in late March with a view to spending two weeks in a city, and purchasing two or three properties as a starting point.

    Are there people here who had genuinely done this and made it work, and are willing to talk about it?

    Please direct message me if you have experiences (positive or negative),…[Read more]

CL1706

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