James2118 replied to the topic MIAMI (ad)VICE in the forum Overseas Deals 15 years, 10 months ago
Dick YorkI would be very interested in how you get along. I also live in Sydney and at the moment and looking keen to invest in America, I am not sure what areas are the best, I believe there is oppurtunity accross the nation and sometimes it is just personal preference. One benefit of Miami I suppose is that it is a nice holiday destination so…[Read more]
James2118 replied to the topic Buying my 1st property! Does it make sense to invest in a holiday house?? in the forum Creative Investing 15 years, 10 months ago
I agree with Glen, I am not sure of all the tax implications and FHBG and CGT and how all that would work having a holiday place for 2 weeks and then living for one. But I can imagine it just getting difficult logistically. I think the best bet would be just get a 2 (or more) bedroom place and rent out the spare room, maybe you could convince the…[Read more]
James2118 replied to the topic MIAMI (ad)VICE in the forum Overseas Deals 15 years, 10 months ago
British Buyer,I was know in earlier posts you talked about some of the research you look at in the areas. But I was wondering how much you looked into factors such as unemployment. I read an article which was published within the last couple weeks showing that the unemployment figures for Miami had risen from 12.4 – 12.7%, well above the national…[Read more]
James2118 replied to the topic MIAMI (ad)VICE in the forum Overseas Deals 15 years, 10 months ago
British BuyerI must say it has been really great hearing about your plans for the future. I am only new to investing in general, but from what I can see at the moment, there seems to be a great oppurtunity in US at the moment. I hear alot of bad stories about it however, but I still have a gut feeling that this is a once in a lifetime oppurtunity…[Read more]
James2118 replied to the topic BEWARE – Inexperienced buyers agents and Cashflow Hype USA in the forum Overseas Deals 15 years, 10 months ago
Recently I have been looking into all this American property. I am only new to investing in general and have not really invested anything, however I have started paying off the home I live in.The main reason I was interested in America was that with the seemingly low prices it seemed like a relatively small investment, acquiring a property for…[Read more]



