DetroitDan9 wrote:
This was a sad situation – but the bottom line is that as an Investor you should have someone handling the repairs for you. If you are doing the repairs yourself, you essentially are just creating another job for yourself, not being a true hands off investor…

With the exception that you do not feel your going to ge murdered…[Read more]

These cities even passed local ordinace's precluding foreign investment, B/C so many foriegners were losing all their money buying worthless real estate.The issues with the Aussie investor from my perspective is they chase returns. with no thought towards capital secuirty.I think we will see one of the biggest transfers of wealth this last 5…[Read more]

Just FYI  Zillow is not an accurate when it comes to values. Zillow can be way high on values and way low. In non disclosures states like Texas its worthless.When you say double diget returns please quantify

all too common occurance.I would bet this property or scenerio is playing out in the upper mid westVirtually any City in the mid west will have its Low end area where you can buy houses for 1k to 5k, then put about 2 to 5k into it and sell it for 10k down and carry a contract for 20 to 30k and like this post said no tenant because its the Ghetto…[Read more]

4Sighted wrote:
Sad news indeed. John at America Property has hit the nail on the head, a "Bad" neighbourhood in the US is like chalk to cheese compared to a bad neighbourhood in Sydney. You can still walk through Redfern and come out the other side…….little chance of that in a Bad area in the states. Gotta be careful and really research the…[Read more]

USpropertydirect wrote:
Deciding where to buy property depends on so many different factors: Just to mention a few: budget, bias to cash flow or capital gain, how long you intend to hold onto your property for, risk profile (very important – no investment is worth losing sleep over), whether you plan to physically visit your property and how…[Read more]

DetroitDan9 wrote:
Jay – interesting post! Good luck with your business.

Detroit Dan what is your opinion of all these agency's selling real property withoud a licnese. Not sure whats with in the rule sand whats not.

Question are any of these buying services Licensed to SELL Real Estate in the US.If I was the gentlemen who lost a bunch of money on a deal that was misrepresented first thing I would do is see who got paid what commissions. And unless these buying services are coming into title and selling their own properties. I would venture to guess the…[Read more]

HighIncomeProperty wrote:
Jay,I will check out the link, however, I don't share your views on the Florida land opportunities. Partially yes, there's a ton of land inland (pretty much any county not on the coast) where land isn't worth anything at all.The Cape Coral (I think that's what you meant when you said Coral Gables, which is an area in…[Read more]

white_goodman wrote:

speedy gonzales wrote:

Charles 1 wrote:
Interesting article in Property Update yesterday on investing in the USA. http://propertyupdate.com.au/articles/is-the-investment-grass-really-greener-in-the-us.html Read it and take out of it what you will. There are always different opinions on how and where to…[Read more]

Nigel Kibel wrote:
The housing market is very stable. Finance in general is still a problem. Our system is a little different we take over existing mortgages within the properties so it is possible to buy a property worth around $120,000 and only need to invest around $20,000. If you send me your details I would be only to happy to discuss what…[Read more]

HighIncomeProperty wrote:
I have been away from the forum or quite a while, always find it interesting to check in every now and then.The scheme Jay is talking about, although I'm not familiar with the particulars (never even been to Oregon, one of the few states I haven't) is something that sophisticated investors might want to look at. We've…[Read more]

RickH wrote:
High Income,I think your post is 100% on the money……… I looked at land inFlorida for under $5k a block (very long term prospect) and the returns in the midwest with very low chance of capital gains in the near future.Kansas City is one place under going a transformation and is now more diverse ….not just heavy industry…[Read more]

Portpirate wrote:
Jay So as a matter of interest, what is the investment level required?

60k US plus 2400 a year option payment. return in 5 to 7 years 10X plus. My partner and I and my childrens trust will hold 50% of the investment, I have another group here in Portland that just closed on 20%, young guys that have successful local…[Read more]

As a follow up to my comments on Vegas and cheap lots. in those markets to put it into perspective. Lots that were 100k plus were sold shovel ready in bulk and I mean 500 to 1000 at a time for under 10k per lot.You are already seeing new construction going up on those, and they can compete with the foreclosures because the reset of the land…[Read more]

Its what we call path of progess investment.Its an opportunity to buy into the partnership that holds the option to purchase on this 110 acre site in Metro Portland Or.Upon annexation into the city of Hillsboro this site will be zoned for 700 plus housing units and some retail commerical.Its my understanding on this forum that particulars on an…[Read more]

RickH wrote:
there will always be a mark up if a company buys and renovates to on sell. They will always add the renovation cost as well as a margin (profit).I believe they do make good money on reselling but you are paying for the service and also it seems they work the prices out to acheive a gross return somewhere between 10 and 15%. My…[Read more]

munecita20027739 wrote:
My advise to anyone looking at any of these companies is to understand what they are buying. You need to understand what price was previously paid for the property you are looking at buying. I have looked at some buyers agents operating out of Australia and the properties being offered. The first thing I do is type the…[Read more]

IMC Newbury wrote:
Rosa, My advice, its worth what you paid for it, is don't………………. You got to be absolutely nuts to take a personal loan to buy US property. You will never get enough net return to be even close to an even cash flow. World gone mad… greed rules………………… crazy

As a US Real estate broker mortgage banker…[Read more]

I would appreciate any feedback on what if any appetite the AU investor would have for a transaction like this. At least its new and different than anything I have read on the site which seems to be 100% focused on  turnkey cash flow single family properties.Return will be 10 to 20 X amount invested (depending on the depth of the economic r…[Read more]