PropertyInvesting.com | jcso99 | Activity https://www.propertyinvesting.com/members/jcso99/activity/ Activity feed for jcso99. Mon, 13 Apr 2026 04:22:26 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 4687d4a294ce94dca67bb0d072664ea4 jcso99 replied to the topic Melbourne JV partner to project manage reno in the forum Value Adding https://www.propertyinvesting.com/topic/5087134-melbourne-jv-partner-to-project-manage-reno/#post-5087140 Sat, 28 Jan 2023 05:37:31 +0000 Sorry Sasha , I didn’t realize I was responding in forum . My apologizes , I have sent you private msg .

]]> 5970d82d05a0c9d075a73d28c833a5b9 jcso99 replied to the topic Melbourne JV partner to project manage reno in the forum Value Adding https://www.propertyinvesting.com/topic/5087134-melbourne-jv-partner-to-project-manage-reno/#post-5087138 Sat, 28 Jan 2023 05:05:29 +0000 Hi Sasha , what’s your mobile number ?

]]> 031b1df4eb9ac0b1e64cf258eb97ab2f jcso99 started the topic Melbourne JV partner to project manage reno in the forum Value Adding https://www.propertyinvesting.com/topic/5087134-melbourne-jv-partner-to-project-manage-reno/ Thu, 26 Jan 2023 15:36:51 +0000 Hi!

I own a 1920s granny flat in Ringwood, SE Melbourne and plan to undertake both cosmetic renovation and extension to the granny flat very soon. Now, I am already talking with town planners on proposed extension plan (which hopefully can get council’s approval because I have verbally spoken with Maroondah Council and they seems to be okay with…[Read more]

]]> 8ade3fda197e7f66d1b1a220f1a616df jcso99 started the topic Buying a house for cosmetic renovation in the forum Value Adding https://www.propertyinvesting.com/topic/5087132-buying-a-house-for-cosmetic-renovation/ Wed, 25 Jan 2023 15:59:08 +0000 Dear all, I am looking at a reno deal where the property backs onto trainline in Melbourne’s SE region. The house needs some cosmetic reno. After initial DD, there are renovated house (with similar internal configuration) within 500 meters which is in quieter street and it was sold for over $1.2M. If I were to renovate the deal, should I assume 5%…[Read more]

]]> 252cdc404386834df07bce25d28a7ed5 jcso99 replied to the topic Renovating 2-bdr granny flat on 504 sqm block and subdivision in the forum Value Adding https://www.propertyinvesting.com/topic/5087081-renovating-2-bdr-granny-flat-on-504-sqm-block-and-subdivision/#post-5087131 Wed, 25 Jan 2023 14:47:03 +0000 Dear all, I am doing a reno deal to my rundown granny flat in ringwood east. The house is a 111 sqm weatherboard granny flat with 2 bedroom and 1 bathroom . However , I want to extend the house sideways (already spoken with council and I have enough space to extend sideways without breaching the Private open space requirement) and convert the…[Read more]

]]> 02c0f7526d812703da2c23d1d7eeda34 jcso99 started the topic Renovating 2-bdr granny flat on 504 sqm block and subdivision in the forum Value Adding https://www.propertyinvesting.com/topic/5087081-renovating-2-bdr-granny-flat-on-504-sqm-block-and-subdivision/ Sun, 15 Jan 2023 15:02:45 +0000 Dear all,

I own 2 bdr 1920s granny flat in Ringwood East which sits on rear of 504 sqm block. The block of 504 sqm that I own is part of sub-divided block. Now, the 2 bdr granny flat is weatherboard house (according to agent, it says my property is worth 600-700K, which I believe is under-valued). For the existing dwelling, my initial thought is…[Read more]

]]> 5c6ebcfe6409a8ee41ec851ba93560d8 jcso99 replied to the topic Urgent loans for $20K in the forum Finance https://www.propertyinvesting.com/topic/5087059-urgent-loans-for-20k/#post-5087080 Sun, 15 Jan 2023 14:05:17 +0000 Thanks Chris and Benny for the suggestion. Yes, my approach now is to whack it on my overseas credit card (whilst I have started the loan approach with a private lender which will take about 3 to 4 weeks to disburse and then payback the overseas credit card). The work should be done in 10 days (fingers cross) and then the tenant will then move in…[Read more]

]]> 8a2c6089046a52f43fad585a283e5207 jcso99 started the topic Urgent loans for $20K in the forum Finance https://www.propertyinvesting.com/topic/5087059-urgent-loans-for-20k/ Thu, 12 Jan 2023 09:08:58 +0000 Dear all,

I am Australian citizen residing in HK and has two IPs in Melbourne. I have a salaried job in Hong Kong and both IPs in Melbourne is tenanted. Both IPs are held in discretionary trust and I act as guarantor for both loans with AMP Bank. Loans are $360K but now one of the IPs in Beenleigh, QLD has some urgent repairs (water leakage)…[Read more]

]]> ce4a879b6fe33983049404de19660343 jcso99 replied to the topic landlord insurance not covering water leakage in QLD in the forum Help Needed! https://www.propertyinvesting.com/topic/5087049-landlord-insurance-not-covering-water-leakage-in-qld/#post-5087058 Thu, 12 Jan 2023 04:19:51 +0000 Dear Benny, much appreciated.

]]> 4de5fdf1aad5baf5cf89f518ab9fc12e jcso99 replied to the topic landlord insurance not covering water leakage in QLD in the forum Help Needed! https://www.propertyinvesting.com/topic/5087049-landlord-insurance-not-covering-water-leakage-in-qld/#post-5087053 Wed, 11 Jan 2023 02:46:40 +0000 Dear Steve,

 

The landlord insurance is in my trust name (which owns the property) but my property manager says the landlord insurance company (Terri Scheer) says that even there is $60K building coverage under the landlord insurance, it ONLY covers “damages to the building caused by the tenant and given that the cause of the water leakage which…[Read more]

]]> f3d6d86492cde4ca3351bd06f4b4d5a8 jcso99 started the topic landlord insurance not covering water leakage in QLD in the forum Help Needed! https://www.propertyinvesting.com/topic/5087049-landlord-insurance-not-covering-water-leakage-in-qld/ Tue, 10 Jan 2023 04:26:33 +0000 Dear all, I have a 2 bedroom unit in Beenleigh in QLD and recently, my bathroom has a water leakage (which on spilled into kitchen) and I have always kept a landlord insurance (Terri Scheer) on the property but my property manager said that Terri Scheer refused to pay for the cost of repairing the water leakage at bathroom. The water leakage has…[Read more]

]]> d792c9f898ff85c5e8844c29fff31cf8 jcso99 started the topic 80% LTV for IPs in regional towns in New Zealand in the forum Finance https://www.propertyinvesting.com/topic/5009913-80-ltv-for-ips-in-regional-towns-in-new-zealand/ Tue, 30 Jun 2015 05:12:09 +0000 Dear all,

I have been introduced to an investment opportunity in Maserton, New Zealand. The acquisition price is NZD 200,000 with an expected rental of NZD 380/week (gross yield around 9.9%). Allowing 5% vacancy and 5% property management expenses, the property will still yield 8.9%, which is still above current variable interest rate of 6.5% in…[Read more]

]]> ff1007a470f3a853c32c54f8397aaf5a jcso99 replied to the topic Increase borrowing capacity in the forum Finance https://www.propertyinvesting.com/topic/4990289-increase-borrowing-capacity/page/2/#post-4990506 Wed, 14 May 2014 05:42:37 +0000 Thanks all for your feedback.

]]> e4dccf3c1a00996063592a0d7c88285e jcso99 replied to the topic Increase borrowing capacity in the forum Finance https://www.propertyinvesting.com/topic/4990289-increase-borrowing-capacity/page/2/#post-4990471 Tue, 13 May 2014 13:47:57 +0000 Thanks Colin, I have just sent you a private message regarding my current situation.

]]> 921efa860a0cae8379f92dd0d6fe3fd7 jcso99 replied to the topic Increase borrowing capacity in the forum Finance https://www.propertyinvesting.com/topic/4990289-increase-borrowing-capacity/page/2/#post-4990469 Tue, 13 May 2014 13:35:04 +0000 Hi Colin,

The net surplus should also minus the existing loan repayments right? Secondly, are you saying that with AMP, they will add a 3% buffer to the current variable rate to calculate serviceability? Cheers John

]]> f89f49f15318cdc6734701dd65895400 jcso99 replied to the topic Increase borrowing capacity in the forum Finance https://www.propertyinvesting.com/topic/4990289-increase-borrowing-capacity/page/2/#post-4990465 Tue, 13 May 2014 12:50:57 +0000 I just have done some quick calculation, my rental income constitutes about 35% of total income but AMP, through my mortgage broker, is saying that I have serviceability issue, which i don’t understand. In total, my IPs are yielding at average 7.5% gross and they are located in metropolitan/regional cities and none of them are in mining towns.…[Read more]

]]> 0cc9c04c933033256b224fbdef0eeca2 jcso99 replied to the topic Increase borrowing capacity in the forum Finance https://www.propertyinvesting.com/topic/4990289-increase-borrowing-capacity/page/2/#post-4990454 Tue, 13 May 2014 05:47:32 +0000 Thanks all for your help. In a nutshell, I should be speaking with more mortgage brokers but from reading the post, it seems NAB and Macquarie might be my better options at this stage. Cheers John

]]> 9cefaf804aee1e140cedc1f5466b7f91 jcso99 replied to the topic Increase borrowing capacity in the forum Finance https://www.propertyinvesting.com/topic/4990289-increase-borrowing-capacity/#post-4990445 Tue, 13 May 2014 02:19:34 +0000 This might sound like a silly question but what is a DUA and how does it apply to me? Thanks

]]> cfc701b95c7dbcedaf4ac4121a62896a jcso99 replied to the topic Increase borrowing capacity in the forum Finance https://www.propertyinvesting.com/topic/4990289-increase-borrowing-capacity/#post-4990423 Mon, 12 May 2014 12:18:28 +0000 Thanks for the feedback. I have a couple of follow up questions:
1) RMB income – I remember speaking with a mortgage broker in mid-2013 and told them that my income is denominated in RMB and their reply was that no bank will accept RMB salary. Hence, I didn’t bother to explore other lenders cos I thought RMB denominated income is not welcome by…[Read more]

]]> e5045c420bdd9f876c21f0b5f734402f jcso99 replied to the topic Increase borrowing capacity in the forum Finance https://www.propertyinvesting.com/topic/4990289-increase-borrowing-capacity/#post-4990395 Mon, 12 May 2014 04:39:14 +0000 Hi Shahin, I am currently working for a logistic developer in China and the company is listed in Singaporean Exchange. My salary is denominated in RMB. The issue i have with Westpac and other lenders is that they completely disregard my overseas salary cos they don’t take into consideration RMB denominated income, which absolutely kills my…[Read more]

]]> 321679647616e1801a545654b68bb031 jcso99 replied to the topic Increase borrowing capacity in the forum Finance https://www.propertyinvesting.com/topic/4990289-increase-borrowing-capacity/#post-4990290 Fri, 09 May 2014 05:12:22 +0000 Just one more point to add, current lender is AMP for my 5 IPs. Thanks

]]> 40ef18ca214a6d0ed80326b9ddc3d54f jcso99 started the topic Increase borrowing capacity in the forum Finance https://www.propertyinvesting.com/topic/4990289-increase-borrowing-capacity/ Fri, 09 May 2014 05:10:10 +0000 Hi all,

I am Australian citizen who’s working in China. Currently, have 5 investment properties in metropolitan cities with good positive cashflow. All my IPs are held in discretionary trust with me as personal guarantor. Now, I have access to monies in China which would allow me to buy about 10 more properties assuming each property is asking…[Read more]

]]> 3be231daa82ce877299fba8309dd0219 jcso99 replied to the topic Roofing problem in the forum Help Needed! https://www.propertyinvesting.com/topic/4409546-roofing-problem/#post-4692302 Wed, 26 Jun 2013 01:29:17 +0000 Can somebody show me how do I upload the photos of my roofing problem into this message so that I can get some help? Thanks

]]> 8c983883fa565ec6146f9f66b6d9933f jcso99 replied to the topic Roofing problem in the forum Help Needed! https://www.propertyinvesting.com/topic/4409546-roofing-problem/#post-4692299 Sat, 15 Jun 2013 04:40:37 +0000 Thanks both for your comments but I am based in China and given I don't know much tradesman in Oz. I ain't sure I am getting the most competitive quote from my property manager but would like a second/third opinion. Would anybody recommend a website or somebody who I can contact to inspect the roof? Really appreciate the feedback. Best to PM me.…[Read more]

]]> 9619d8365e819c80d08f8a0660c8a58b jcso99 replied to the topic Confused about what to do ! in the forum Help Needed! https://www.propertyinvesting.com/topic/4408595-confused-about-what-to-do/#post-4685380 Wed, 30 Jan 2013 05:59:00 +0000 Hi Sean,

I am also in the same boat as you where I am currently residing and working in China. Given that I am not physically in China and that I lack development experience, I chose the investment strategy of buying Cashflow +ve properties via Rent-To-Own ("RTO") and Vendor finance schemes. At the moment, I have a business partner in Australia…[Read more]

]]> 6bfaf58590c4a0957d5655e794abfb70 jcso99 replied to the topic Sell or take on investor in the forum Help Needed! https://www.propertyinvesting.com/topic/4408593-sell-or-take-on-investor/#post-4685336 Tue, 29 Jan 2013 08:30:23 +0000 Hi Ken,

Just a couple of questions:
1) Are you living in this property? 
2) would you be able to get offload 100% share  and then lease back on rent-to-own scheme for 2 years so that you can get your house back at an agreed price after 2 years?

Cheers
John

]]> 841b0053faab2b6a72b95518861a6246 jcso99 replied to the topic Australian working in China needs urgent finance help! in the forum Help Needed! https://www.propertyinvesting.com/topic/4407471-australian-working-in-china-needs-urgent-finance-help-2/#post-4676450 Tue, 28 Aug 2012 10:15:03 +0000 Hi Jamie,

Thanks for your response.

]]> ea3572a37ce8bf99dd58acec6bee94f6 jcso99 replied to the topic Australian working in China needs urgent finance help! in the forum Help Needed! https://www.propertyinvesting.com/topic/4407471-australian-working-in-china-needs-urgent-finance-help-2/#post-4676448 Tue, 28 Aug 2012 09:59:46 +0000 Hi Jamie,

Does your client in Afghanistan earns AUD or USD, that would makes it very easy for ANZ because they are comfortable with the currency, however, the issue i think is that most Australian lenders are not comfortable with Chinese currency. That's my feeling.

2) I have been chasing for what's causing the delays in AMP but no replies yet…[Read more]

]]> 697ab0726c4b123fe8210502e7035c2e jcso99 replied to the topic Australian working in China needs urgent finance help! in the forum Help Needed! https://www.propertyinvesting.com/topic/4407471-australian-working-in-china-needs-urgent-finance-help-2/#post-4676447 Tue, 28 Aug 2012 09:59:28 +0000 Hi Jamie,

Does your client in Afghanistan earns AUD or USD, that would makes it very easy for ANZ because they are comfortable with the currency, however, the issue i think is that most Australian lenders are not comfortable with Chinese currency. That's my feeling.

2) I have been chasing for what's causing the delays in AMP but no replies yet…[Read more]

]]> e2f08258565207179cb4ed4533905de6 jcso99 replied to the topic Deposit finance deals - Are they dead??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406842-deposit-finance-deals-are-they-dead/#post-4671695 Wed, 13 Jun 2012 11:56:07 +0000 Hi Paul and all,

Thanks for guidance. Can you please PM me and we can have a discussions offline.

Cheers
John

]]> 4e86c32e1ed23569400334229e67b0e3 jcso99 replied to the topic Deposit finance deals - Are they dead??? in the forum Hi all, Thanks for all your https://www.propertyinvesting.com/topic/4406842-deposit-finance-deals-are-they-dead/#post-4671694 Wed, 13 Jun 2012 06:22:37 +0000 Hi all,

Thanks for all your feedback. Re the deal structure, I am happy to pay the full asking price but the vendor needs to provide 20% deposit finance for at least 18 months and then allow me to on sell it on instalment contracts. If anybody can help with my situation or willing to JV with me, please let me know. Appreciate your help in…[Read more]

]]> 4af451b4dff6f57cacf45a75cdfa5151 jcso99 replied to the topic Deposit finance deals - Are they dead??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4406842-deposit-finance-deals-are-they-dead/#post-4671690 Tue, 12 Jun 2012 10:09:01 +0000 Hi Richard,

I acknowledge your point. The kind of deals that I want is for vendor to assist with 20% deposit and as you previously suggested, I will disclose it fully with the lender that the vendor will provide finance on 20% deposit for 2 years. However, I am struggling to find deals like that in the Melbourne market and all buyer’s agents that…[Read more]

]]> b07bab2174aa846b1c6a3eb612f6e8f8 jcso99 replied to the topic Who knows a good buyer's agent in Sydney? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405531-who-knows-a-good-buyers-agent-in-sydney/#post-4661410 Mon, 27 Feb 2012 08:27:00 +0000 Can somebody recommend a good buyer's agent for Narre Warren, Victoria? My specific investment strategy means that I am looking for 3 bedroom, 2 bathroom houses with vendors that will allow me to pay 20% deposit in 2 years with no interest payable in the interim?Would appreciate all the help and guidance. ThanksCheersJohn

]]> e707585211e6010b8114b38df01d9d01 jcso99 replied to the topic Investment lenders in Australia for international investments in the forum Finance https://www.propertyinvesting.com/topic/4405737-investment-lenders-in-australia-for-international-investments/#post-4662759 Sun, 26 Feb 2012 09:24:34 +0000 Hi Richard,Will your lender consider investments in China? Thanks

]]> ec81d480588cfa1d7000b248b52516b1 jcso99 replied to the topic ARCHITECTS FEES in the forum Value Adding https://www.propertyinvesting.com/topic/4397228-architects-fees-2/#post-4608998 Fri, 29 Jan 2010 12:45:57 +0000 The website is for London, UK, not Australia.CheersJohn So

]]> 701f4ae596e6067eb5828c42ceaed063 jcso99 replied to the topic ARCHITECTS FEES in the forum Value Adding https://www.propertyinvesting.com/topic/4397228-architects-fees-2/#post-4608996 Mon, 25 Jan 2010 13:28:15 +0000 Hi all, I am looking to develop 4 unit townhouses in Bayswater, Victoria. My initial thought is to engage a draftsman/architect who would help me with drawing up initial plans to secure the town planning permit. Once that is done, the same draftsman/architect will get the detailed construction drawings and other necessary documentation to obtain…[Read more]

]]> 5d237ec059cca9863de9ea2f610f3417 jcso99 replied to the topic subdivision cost? in the forum Value Adding https://www.propertyinvesting.com/topic/4398321-subdivision-cost/#post-4614448 Mon, 25 Jan 2010 13:05:47 +0000 Hi Christian,Can you please send me a private message as I am looking for draftsman/architect who can help me with 4 units development in Bayswater, victoria? My email is jcls79@yahoo.com.auCheersJohn So

]]> 2bb6913eaa007feb292c6f4ff0db835f jcso99 replied to the topic subdivision cost? in the forum Value Adding https://www.propertyinvesting.com/topic/4398321-subdivision-cost/#post-4614447 Mon, 25 Jan 2010 13:05:40 +0000 Hi Christian,Can you please send me a private message as I am looking for draftsman/architect who can help me with 4 units development in Bayswater, victoria? My email is jcls79@yahoo.com.auCheersJohn So

]]> b07eb0738b7ec114d4e8413b0636dec3 jcso99 replied to the topic cost of building a townhouse in melbourne in the forum Value Adding https://www.propertyinvesting.com/topic/4398408-cost-of-building-a-townhouse-in-melbourne/#post-4614971 Mon, 25 Jan 2010 12:52:07 +0000 Hi all,I am looking to develop 4 unit townhouses in Bayswater. My initial thought is to engage a draftsman/architect who would help me with drawing up initial plans to secure the town planning permit. Once that is done, the same draftsman/architect will get the detailed construction drawings and other necessary documentation to obtain the building…[Read more]

]]> e8f1c1ad8f3dd74aaa8bf035718f10ce jcso99 replied to the topic Aussie off to buy US property - anyone want to join me?? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4397950-aussie-off-to-buy-us-property-anyone-want-to-join-me/page/2/#post-4612135 Wed, 02 Dec 2009 07:13:21 +0000 I will add the importance of getting a property manager in as part of your team. I have spent the last 8 months doing due diligence on more than 50 properties. What I find the key is to find a property manager who is willing to work with you and do a pre-purchase inspection (KEY KEY consideration) which can verify the quoted rent and how much…[Read more]

]]> ce0b54e7095ff214138359aca339baf8 jcso99 replied to the topic Aussie off to buy US property - anyone want to join me?? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4397950-aussie-off-to-buy-us-property-anyone-want-to-join-me/#post-4612118 Tue, 01 Dec 2009 00:08:24 +0000 The properties that I am looking at are priced between 10k and 50k and normally require some cosmetic touch ups (not more than 20k for each property) and then I have already got a team of property managers, inspectors and contractors on board.Just like to know whether any of you have luck with finding US lenders/mortgage brokers/investors that…[Read more]

]]> 30535771614f73f2dd451a949a3e6285 jcso99 replied to the topic Aussie off to buy US property - anyone want to join me?? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4397950-aussie-off-to-buy-us-property-anyone-want-to-join-me/#post-4612115 Mon, 30 Nov 2009 14:53:35 +0000 Hi Michael,I am also in the process of negotiating a number of cashflow properties in US, focusing in downtown Indianapolis. Plenty of good deals in here and now that I have setup my entities there. Also flying there in Jan to check out the proposed acquisitions. Arriving in Chicago in the second week of Jan and then direct transfer to…[Read more]

]]> 99be412a7134e23259836ea156a98a67 jcso99 replied to the topic San Antonio, Texas Investment, > 20% BMW, Cashflow Positive, Long Term Resource in the forum Overseas Deals https://www.propertyinvesting.com/topic/4396444-san-antonio-texas-investment-20-bmw-cashflow-positive-long-term-resource/#post-4605047 Tue, 16 Jun 2009 03:29:38 +0000 My plan:I am looking for SFHs that are in Memphis, TN and Indianaplis, IN that are priced betwen 10k and 50k and then I spend another 10k to fix it up and rent it out ASAP. The challengeI can't get mortgage brokers or banks or mortgage bankers that will lend to overseas investors like me because I don't have credit file in US and also I am not an…[Read more]

]]> 1ac3ac5422dc9c50e81bbb30279c921c jcso99 replied to the topic Conventional Finance in the forum Finance https://www.propertyinvesting.com/topic/4396174-conventional-finance/#post-4603665 Wed, 06 May 2009 08:23:00 +0000 I already have.

]]> cbcd156e1df27c7b2e85052112a37457 jcso99 replied to the topic Property Management in the US in the forum Overseas Deals https://www.propertyinvesting.com/topic/4388933-property-management-in-the-us/#post-4564441 Thu, 23 Apr 2009 14:27:52 +0000 Hi Annette, I am looking for multi-family property in Houston and my preliminary discussion with various PM have been quite positive. Happy to share my experience with you. That said, I ditto all other comments by other people on this post as the system in US is completely different from Australia and if you are looking to be hands off, I suggest…[Read more]

]]> 3de4c6d379b9ab50dbb92ae7c535d448 jcso99 replied to the topic Why Invest in the US of A in the forum Overseas Deals https://www.propertyinvesting.com/topic/4394284-why-invest-in-the-us-of-a/page/2/#post-4593180 Thu, 23 Apr 2009 14:21:20 +0000 Can anybody recommend a mortgage broker that will lend to overseas investors for mult-family property (7-plex with asking price of 200k). I have the 30% cash deposit with some cash left for minor rehab. I am looking for lenders but my initial discussion with US mortgage brokers have not been very successful.Anybody knows of mortgage brokers that…[Read more]

]]> e628a4f2a600b9885ba2575c5dcd433f jcso99 replied to the topic Why Invest in the US of A in the forum Overseas Deals https://www.propertyinvesting.com/topic/4394284-why-invest-in-the-us-of-a/page/2/#post-4593179 Tue, 07 Apr 2009 15:03:28 +0000 I have just finished reading the book titled "2 years to a million in real estate" and am thankful for the insight on how to build a portfolio of positive cashflow real estate assets. I am 30 years old and have 3 marginally positively geared properties in Australia. At the moment, I am working in Hong Kong in banking sector but my true goal is to…[Read more]

]]> b032785912d3b6f4e656e8f0f5bb8444 jcso99 replied to the topic Why Invest in the US of A in the forum Overseas Deals https://www.propertyinvesting.com/topic/4394284-why-invest-in-the-us-of-a/page/2/#post-4593171 Wed, 28 Jan 2009 15:17:42 +0000 Can somebody explain something to me? If the Central bank's interest rate is close to 0% and the cashflow from the property is +ve (assuming that the gross yield is around 20%). Why would the bank still provide a lend at 70% with interest rate near the 7%, rather than at 3%? Is it because:1) they don't like the tenant?2) they don't like the area…[Read more]

]]> ba6a8fcf641cf7838ecd2faa0797b145 jcso99 replied to the topic Why Invest in the US of A in the forum Overseas Deals https://www.propertyinvesting.com/topic/4394284-why-invest-in-the-us-of-a/#post-4593169 Tue, 13 Jan 2009 14:32:56 +0000 I am currently based in Hong Kong and the real estate funds that I am working for target institutional investors (minimum investment size is USD 10m). However for my personal RE investment, I am looking at KL (more of capital growth play with some marginal +ve cashflow) but more looking at US (Houston) for cashflow (net yield around 12%) with no…[Read more]

]]> 80ffdcb96d0a1289ec4afc9f2e6f867b jcso99 replied to the topic USA Rochester. A good buy for under $40000 in the forum Overseas Deals https://www.propertyinvesting.com/topic/4394871-usa-rochester-a-good-buy-for-under-40000/#post-4596350 Mon, 12 Jan 2009 14:10:45 +0000 Its a single dwelling home. Any thoughts?

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