Total Members: 158,668

jayhinrichs

  • jayhinrichs replied to the topic The guarantee it ISN'T a good deal in the forum Overseas Deals 7 years, 2 months ago

    Emma just popped back on .. every thing is rosy here.

  • jayhinrichs replied to the topic The guarantee it ISN'T a good deal in the forum Overseas Deals 7 years, 8 months ago

    HI Emma… are you in Vegas or Atlanta ?

  • jayhinrichs replied to the topic Does investing in the US actually work? in the forum Overseas Deals 8 years, 4 months ago

    Steve its really not so much the property management its the tenants… What AU investors do not realize is the lifelong tenants in the US are a pretty transient bunch.. they know the system and by and large could care less about the owners properties.. The only way to mitigate this is to buy UPPER end properties in the best markets.. of course…[Read more]

  • jayhinrichs replied to the topic Does investing in the US actually work? in the forum Overseas Deals 8 years, 5 months ago

    Peter this exact same thing has been happening to West coast of US investors for the last 25 years.. same concept.

    houses in California are negative cash flow… they cost 500 to 1 mil you can buy a house in the mid west for 30 to 70k

    price of a car here in the US.. west coast investors buys it.. has no clue as to how tough the rental pool is…[Read more]

  • jayhinrichs replied to the topic The top 10 most violent cities in America in the forum Overseas Deals 8 years, 8 months ago

    Nigel the vast majority of this crime as you can see is black on black crime.. drugs , gangs , etc etc. the number one killer of a black man in the US under 30 is gun shot…

  • ziz what if you can explain is triple tax and triple holding costs… prop tax in ATL is about average for the US.

    in Texas its sky high and can triple other markets.. say Toledo were the Aussie Dingo has set up shop

  • Emma are you still in Atlanta or back in Vega will be in Vega this weekend.. if you there let catch a cup of coffee

    and yes We are looking for wholesale deals.. mainly those that folks bought and they have had a bad run with and just want to dump
    We then go in rehab and resell to US investors.. best JLH

  • jayhinrichs replied to the topic Does anybody know who is behind this company ? in the forum Overseas Deals 8 years, 10 months ago

    MJ 23001 you cannot trust anyone that’s the bottom line. I can’t tell you how many AU investor contact me off line and have lost all their money. find someone you know and can trust and can eyeball then move forward.. do not trust anyone on line.. me included

  • jayhinrichs replied to the topic US Invest Good Company Or Bad? in the forum Overseas Deals 8 years, 10 months ago

    Ivan

    your going to love this.. they are going into the RE guru business IE teaching others how to invest. their program cost 20k US.

    one of my associates here in Oregon calls me all excited ad wants to know if I would split the cost.. I have to tell him no I don’t think so.. then they talked to the owners and Said Jay Hinrichs says no……[Read more]

  • jayhinrichs replied to the topic Does anybody know who is behind this company ? in the forum Overseas Deals 8 years, 10 months ago

    Nigel I never said you were sitting in your rocker… I was commenting that its far and few between where some one 6k mile away is going to simply invest in the US fix and flip and make 50k a deal on 100 to 200k props..

    Last 24 months I have funded about 150 fix and flips in Orlando alone and no one makes those kind of profits unless they have…[Read more]

  • He is a private individual who invested in the US markets.. and I helped him recently sell off his properties. he has a good understanding of the US markets and will be a good resource for AU investors.

  • Ivan,

    Yes please send me contact info … and we will do our best to come up with a cash offer.

    I have closed on 15 properties in the last 30 days from AU sellers wishing to get a quick exit from the US market… I think it had to do with their super funds needing to liquidate … some type of timing issue.. Not sure though as I never actually…[Read more]

  • jayhinrichs replied to the topic Does anybody know who is behind this company ? in the forum Overseas Deals 8 years, 10 months ago

    anyone who has been on this site for any number of years has known that Nigel and I have had out differences
    in this case I agree.. 25 to 50k flipping florida sFR is not realistic for an off shore investor.

    My business is funding local fix and flippers.. some make that kind of money but they live there and do it personally.
    your not going to do…[Read more]

  • jayhinrichs replied to the topic Help Needed Please! in the forum Overseas Deals 8 years, 10 months ago

    Not to be rude however you folks have all lost your money.. I posted many times on this site you cannot buy a motel unit in the US. its not possible. you all got suckered in. sorry for your loss

  • I am buying Rental stock form Aussies who wish to exit the US market
    if you would like a cash offer for your property contact me..

    all markets except.. Rochester, Buffalo , Detroit , Trenton

    Many AU investors unfortunately have been spruikered into buying in war zones.. we will look at those but no guarantees

    We will buy all cash close in 10…[Read more]

  • jayhinrichs replied to the topic US Invest Good Company Or Bad? in the forum Overseas Deals 8 years, 11 months ago

    redwood still operating in the US

  • jayhinrichs replied to the topic US Property as 1st IP in the forum Overseas Deals 8 years, 11 months ago

    Asset protection for AU citizens is blown Way out of proportion.. contrary to what those that sell it suggest.. the average US tenant is not litigious and a simple umbrella insurance policy will protect you along with your standard home owner insurance. the reason most US folks use LLC is to get around lending laws.. and for tax purpose or to…[Read more]

  • jayhinrichs replied to the topic US Property as 1st IP in the forum Overseas Deals 9 years, 3 months ago

    lawsys,,, looks like you will have to continue to suffer through that cash flow dilemma…

    Yes some parrall’s to the AF 447 were captian was not in cabin and co pilot lost it some how… I start my IFR refresher today I fact so get to go smash some bugs in my Cirrus today !! you probably saw the splash down and rescue off of Maui…. that’s my…[Read more]

  • jayhinrichs replied to the topic US Property as 1st IP in the forum Overseas Deals 9 years, 3 months ago

    mj23001 your vastly over complicating it. you need ONE llc so you can have a US checking account.. there is absolutely no need to have a separate LLC for each property you may buy.. the only making money there is those that sell you the LLC.. also LLC’s depending on State cost 250 to 500 dollars max to draft and register.

    please view our FREE…[Read more]

  • jayhinrichs replied to the topic US Property as 1st IP in the forum Overseas Deals 9 years, 3 months ago

    Lawsjs although your holdings I am certain are no doubt knocking it out of the park but you chose wisely in the first place gave up a little cash flow now your cashing in on Massive appreciation… good job… now cash out… you get US dollars they will buy a lot of AUD dollars and you are big winner… :)

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