PropertyInvesting.com | Ilovehouses | Activity https://www.propertyinvesting.com/members/ilovehouses/activity/ Activity feed for Ilovehouses. Sun, 12 Apr 2026 20:23:30 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 c06e9ec712c3b082e366b0b26690146e Ilovehouses replied to the topic Buying property in the US in the forum I would stay well away from https://www.propertyinvesting.com/topic/4409802-buying-property-in-the-us/#post-4693746 Fri, 13 Sep 2013 09:40:13 +0000 I would stay well away from Kyler Rice. His way of "helping" me was to place a squatter in a home that I foreclosed on and that was the last I heard of him.  Similarly, Alex Franks from Charlotte, South Carolina.  I lent this guy money and finally had to foreclose on him when he couldn't sell the property.  Not an apology, email or word from him…[Read more]

]]> 0de12b716c8a04eafc8978064e6afb93 Ilovehouses replied to the topic Buying property in the US in the forum Overseas Deals https://www.propertyinvesting.com/topic/4409802-buying-property-in-the-us/#post-4693746 Fri, 13 Sep 2013 09:40:13 +0000 I would stay well away from Kyler Rice. His way of "helping" me was to place a squatter in a home that I foreclosed on and that was the last I heard of him.  Similarly, Alex Franks from Charlotte, South Carolina.  I lent this guy money and finally had to foreclose on him when he couldn't sell the property.  Not an apology, email or word from him…[Read more]

]]> b398721c8d31995dddefdc9ce3a10e58 Ilovehouses replied to the topic Wow overseas deals threads sure have died.. in the forum Overseas Deals https://www.propertyinvesting.com/topic/4409697-wow-overseas-deals-threads-sure-have-died/page/2/#post-4693225 Sat, 17 Aug 2013 07:57:27 +0000 Alex has defaulted on payments he owed on the property I lent on.  Be very wary!!  

]]> 024eedd5ade3d923f7d74f13ca04d73b Ilovehouses replied to the topic USA Property Update in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407329-usa-property-update/page/2/#post-4675174 Fri, 17 Aug 2012 06:18:53 +0000 WorldInvestor

Yes, 15% net does sound attractive but most senior investors in the US such as Jay and Alex seem to think this is unrealistic long term.  Either way it does beat the 2-3% we might see in Australia with no growth likely in the foreseeable future.  I said on this forum over a year ago that house prices would continue to fall in…[Read more]

]]> 847ad754b5ff1a62f53b15cd6fcffc6e Ilovehouses replied to the topic USA Property Update in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407329-usa-property-update/page/2/#post-4675172 Fri, 17 Aug 2012 04:35:41 +0000 I just wanted to make an observation as someone who is struggling to make the best of 2 bad property purchases in the U.S.  (My own fault, should have know better).

I have looked at Ziv Magen's website and I have looked at several U.S. markets.  With many commentators on here saying that cap rates of 12%+ are achievable in the US if cashflow is…[Read more]

]]> 4e9e2737d3a55f026ae28678b8b39e8b Ilovehouses replied to the topic Who can I trust? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406645-who-can-i-trust/page/8/#post-4670342 Fri, 27 Jul 2012 03:14:45 +0000 TZ

Anyone that bought property anytime in the last 5 or 6 years will have lost money. The hard part is getting people to realize it and accept the new lower price or not sell at all. My home in Buderim is worth $100,000 less than when I bought it 5 years ago. The price drops haven’t been as dramatic as the US but we haven’t bottomed out yet.

]]> 0548ffbeac941c8771b839326f5eec29 Ilovehouses replied to the topic Who can I trust? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406645-who-can-i-trust/page/8/#post-4670340 Mon, 23 Jul 2012 23:20:24 +0000 TZTourism is not doing too weel in general.  Queensland suffered badly during the floods but we have done o.k. down here.  We bought in 2010 and have just sold for 50% more than we paid, so pretty happy.  Hard work to acheive that though.  House prices are still falling here despite what your local realtor might tell you, although homes at the…[Read more]

]]> afef8291a0c40948a7b3a8ae27caf133 Ilovehouses replied to the topic Who can I trust? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406645-who-can-i-trust/page/7/#post-4670338 Thu, 19 Jul 2012 23:07:12 +0000 TZ,I have a house in Buderim but I am presently managing an apartment block in Port Macquarie, NSW since 2010. We have sold the business and will be returning to Buderim some time next month hopefully.  The Sunshine Coast is still growing really fast but not as fast as it was due to the recession.

]]> 9621559d3a91c8bff4a9810414efc4da Ilovehouses replied to the topic Who can I trust? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406645-who-can-i-trust/page/7/#post-4670335 Thu, 19 Jul 2012 11:24:43 +0000 I am heading back to Queensland’ Sunshine Coast in the next month or two, Kyler. Happy to show you the local sights, mate.

]]> 08cf11b927cc9786fb7d15d6e2ff6d29 Ilovehouses replied to the topic Anyone bought from Sean O'Hare from Foreclosed American Homes (FAH)? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407118-anyone-bought-from-sean-ohare-from-foreclosed-american-homes-fah/#post-4673725 Sun, 15 Jul 2012 07:59:19 +0000 Mango99

Different person. Same scenario. I am battling with John Patchin of rewholesaleking in Kansas City. Borrowed money to buy and rehab but didn’t pay it back and abandoned the house. Strange thing is it looks like I’m going to get the house and it’s worth more than he owes me. Go figure.

]]> 0a032ee9077aebc3d35915dcf1798c5b Ilovehouses replied to the topic Anyone bought from Sean O'Hare from Foreclosed American Homes (FAH)? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407118-anyone-bought-from-sean-ohare-from-foreclosed-american-homes-fah/#post-4673722 Sun, 15 Jul 2012 02:17:18 +0000 All sounds familiar. So I’m not the only stooge.

]]> 642e787b9a70ffef745fafdcfed2b00d Ilovehouses replied to the topic Who can I trust? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406645-who-can-i-trust/page/7/#post-4670324 Thu, 12 Jul 2012 07:53:19 +0000 Jay is absolutely right. Most of the spruikers in Oz make no mention of vacancies, repairs, leasing fees or replacing carpets etc. Even in Oz, we have to allow for those things. In the US, it seems that tenants have little regard for property and in Oz we don’t have people stealing the a/c compressors!

I am still doing battle with John Patchin…[Read more]

]]> 1eb99752cc437e0701ac104044f5227a Ilovehouses replied to the topic Who can I trust? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406645-who-can-i-trust/page/6/#post-4670312 Sun, 08 Jul 2012 04:58:47 +0000 Might put him out of action for a couple years though.

]]> f850fdf06e549a78f159d3638ad34341 Ilovehouses replied to the topic Who can I trust? in the forum Just wondering what the https://www.propertyinvesting.com/topic/4406645-who-can-i-trust/page/6/#post-4670310 Sun, 08 Jul 2012 03:37:58 +0000 Just wondering what the impact on your credit rating is you are in foreclosure? If I have to foreclose on this guy I am having problems with, will he really care?

]]> 21822a8a3d8cba7fb658dd0af9bfb8d8 Ilovehouses replied to the topic Who can I trust? in the forum He has promised to get the https://www.propertyinvesting.com/topic/4406645-who-can-i-trust/page/5/#post-4670284 Fri, 29 Jun 2012 04:44:59 +0000 He has promised to get the transfer of title notarized tomorrow. We’ll see….

]]> d3d98386634cca814e14068a0afa7d20 Ilovehouses replied to the topic Who can I trust? in the forum Looks like John Patchin of https://www.propertyinvesting.com/topic/4406645-who-can-i-trust/page/5/#post-4670282 Thu, 28 Jun 2012 23:36:02 +0000 Looks like John Patchin of REWHOLESALEKING in Kansas City has gone to ground again.  He promised to transfer the title to the property he owes me money on into my name but he was just stalling for time.  Again he has refused to return my emails.  He is a slippery snake all right.  I guess my money went into the casino like all his other vict…[Read more]

]]> 8aa05f7af76c77c8d13b32745cb54908 Ilovehouses replied to the topic Who can I trust? in the forum In Australia, each state has https://www.propertyinvesting.com/topic/4406645-who-can-i-trust/page/4/#post-4670275 Mon, 25 Jun 2012 22:21:52 +0000 In Australia, each state has an office of fair trading plus we have a national body, the Australian consumer and competition commission. They are government run and subscribers. Whilst they are slow and not greatly effective, at least it’s some protection for the consumer. I have used them a few times.
I have found name and shame to work just as…[Read more]

]]> 362b14f28445742db17ccf959f6609d8 Ilovehouses replied to the topic Who can I trust? in the forum A bit of an update on John https://www.propertyinvesting.com/topic/4406645-who-can-i-trust/page/4/#post-4670270 Mon, 25 Jun 2012 01:08:56 +0000 A bit of an update on John Patchin.  I managed to post comments on the Rewholesaleking youtube videos before he blocked me.  So at least Ive got him on the back foot.  Is there an equivalent of an Office of Fair Trading over there?

]]> 876d08718cf1c2848eb2946551a60f90 Ilovehouses replied to the topic Who can I trust? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406645-who-can-i-trust/page/4/#post-4670267 Thu, 21 Jun 2012 21:58:02 +0000 Kyler,

I can’t get to the bigger pockets chat. Can you cut and paste it? For some reason, I keep getting directed round and round on BP.

]]> 4d5478fef5767bb9e71dccb82e71e44b Ilovehouses replied to the topic Who can I trust? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406645-who-can-i-trust/page/4/#post-4670261 Wed, 20 Jun 2012 08:00:27 +0000 Kyker

I doubt you will either but their is worse to come for him yet.

]]> 0f16d0e9752b0cdc993705a6593e2495 Ilovehouses replied to the topic Who can I trust? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406645-who-can-i-trust/page/3/#post-4670255 Mon, 18 Jun 2012 11:00:05 +0000 Kyler,

Did you get my email?

]]> 65e1751a17c2a11e04efe31809a5de2f Ilovehouses replied to the topic Who can I trust? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406645-who-can-i-trust/page/3/#post-4670243 Sat, 16 Jun 2012 22:59:44 +0000 Jay,Companys name is http://www.rewholesaleking.com/.  Guys name is John Patchin.  Property is 6608, E 67th St. Kansas City Mo.64133.  Also http://www.biggerpockets.com/users/Rewholesaleking

]]> 45abd8002693b7df089571e04f8b9927 Ilovehouses replied to the topic Who can I trust? in the forum Not sure if anyone can help https://www.propertyinvesting.com/topic/4406645-who-can-i-trust/page/3/#post-4670240 Sat, 16 Jun 2012 06:43:18 +0000 Not sure if anyone can help me.  I became the money partner in a property purchase in the U.S.  The deal was that I would buy the property plus provide the funds for the rehab.  The property was already pre-sold  I was to receive 17% in 3 months time.  I have a lien over the property and a promissory note from the this guy.  Of course, when the 3…[Read more]

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