jeff2tract replied to the topic Where is the soundest state/county to invest in America? in the forum Hi Speedy Gonzales,
I have 15 years, 9 months agoHi Speedy Gonzales,
I have found that there are a number of business’s out there that do charge for you to get the info. I have spent many months looking into the USA market, I have met Andrew from myusa, and there joining fee was I think $500. One can find the info out there you have to spend a lot of time researching the market. I don’t have a…[Read more]jeff2tract replied to the topic New Investor in the forum Overseas Deals 15 years, 9 months ago
Hirav,
You would need at least 30-60K to get started, in some markets you will need more. There are a lot of people offering property deals in Florida, Atlanta, Ohio, Michigan. You need to do some due diligence in regards to vacancy rates, unemployment figures.
I am investing in an area that gives good positive cash flow up to 25% net, property…[Read more]
jeff2tract replied to the topic BEWARE – Inexperienced buyers agents and Cashflow Hype USA in the forum Overseas Deals 15 years, 9 months ago
Hi Steve in China and money changer,
I have spent the last 10 years going back and forth doing business in the USA property has always been cheaper than Australia, even when there market was booming.
I was in Orlando earlier this year and have a close friend that has a business purchasing property and doing rehabs, then flipping them, he…[Read more]
jeff2tract replied to the topic New Investor in the forum Overseas Deals 15 years, 9 months ago
Hi Hirav,
I am involved in a business that advises investors on the inns and outs of USA property investment.
Do you have a strategy ie wanting capital gain or positive cash flow?
What is your budget?
Jeff
jeff2tract replied to the topic MIAMI (ad)VICE in the forum Overseas Deals 15 years, 9 months ago
jeff2tract replied to the topic Advice Fpr investing in USA market in the forum Overseas Deals 15 years, 10 months ago
Hi AusVietGuy,
You need to do some serious research, What are your goals? positive cash flow or capital gains I have spent the last 4-5 months looking at various areas, Florida , Atlanta are being promoted as places that you will get good returns, however and you can take this advise on how you want to. I would stay away from Florida, there are…[Read more]
jeff2tract replied to the topic MIAMI (ad)VICE in the forum Overseas Deals 15 years, 10 months ago
Steve,
Don’t get me wrong 10% minimum is great, I am about to close on a deal that will give me 26% net. There are plenty of deals like this. If one is happy with 10% thats fine no problem. I know that there are better deals that will give one better than 10% more like 15-25%. I know it sounds to good to be true, these deals are out there
you…[Read more]
jeff2tract replied to the topic MIAMI (ad)VICE in the forum Hi Steve,
I have looked at 15 years, 10 months agoHi Steve,
I have looked at markets in Denver, Minneapolis and other area’s upstate NY, returns of minimum 10% is achievable, I am in the process of setting up a website that one can go to.
You don’t need to live in Australia to be able to access the website. I have been reading some of the other blogs and there seems to be a number of local as…[Read more]
jeff2tract replied to the topic MIAMI (ad)VICE in the forum Hi all,
I just joined today 15 years, 10 months agoHi all,
I just joined today and have found all the comments most interesting. I am in the process of setting up a business called invest USA, it is designed to advise locals on the ins and outs of property investment. I have spent many months looking at various markets and Florida was on of them, I was concerned at the vacancy rates and…[Read more]
jeff2tract replied to the topic Paying tax on American Property. in the forum Hi Archanic,
I just joined 15 years, 10 months agoHi Archanic,
I just joined today, I am in the process of setting up a business called invest USA, we are advising Aussi investors on property investment opportunities that currently exist in the USA. Concentrating on 3 area’s in the USA. I have 2 accountants that are based in Sydney that are both experienced in Australian and USA tax laws. If…[Read more]



