Your thoughts are very interesting ,I am thinking on why you would be concentrating on condo’s? with the HOA fees eating into your ROI, why not stick to SFH. I noticed in your last email that a return of 6.86% on a condo. I can get 6% by leaving my money in Australian banks and not have the hassle of dealing with having to rent out…[Read more]

I am also reading his thoughts and observations, I have steered away from Florida, concentrating on area’s that have the possibility of capital gain and area’s that have only positive cash flow.

I have purchased in NY state for a very good ROI 25%nett for an investment of under 60K.

I did look into Florida when I was there earlier…[Read more]

Hi Wanalead,

I checked out your blog, very encouraging, I know that this is a property forum, not wanting to get away from what everyone is here for. Still our eternal destination is far more important in the…[Read more]

I have started a business called invest USA, we are in the process of setting up a website which should be online in a week or so.

We do currently have properites that are for sale that have tenants in them already, getting ROI over 16% nett. Prices starting from 31K

When you look online at certain properties that seem to good to be…[Read more]

Mojorising,

I have contact with an accountant that I use when purchasing property in the USA, he is…[Read more]

Hi Dan,

My brother in…[Read more]

From what I understand it is a sliding scale, the longer you hold onto the property then the less the capital gains tax you will have to pay. I have a US Tax accountant here in Sydney that I use, as my investment strategy is to hold property for positive cash flow my main interest is in that area, however I will be purchasing some…[Read more]

There are a number of companies that have set themselves up here in Australia to advise people were to purchase in the USA, some are buyers agents the others are not. I have read some of the blogs on these forums from what i have read they provide a service, it is a hit and miss result.

My brother in law purchased 4 properties from one…[Read more]

I am investing in upstate NY, good entry point re price, the people that I am dealing with only sell tenanted properties. ROI can be up to 25% nett.

I am also looking in to Denver as the capital gain prospect is better that upstate NY.

It depends on what your strategy is re capital gain hold for 4-7 years or positive cash flow.

I have…[Read more]

You need to be carful re HOA, I remember when I was looking into Florida property, I has a real estate agent based in Orlando that was concerned some of the HOA associations were going bankrupt with no funds in there accounts to do any repairs on the condo’s. I can only advise you to do some serious research on any condo’s that…[Read more]

I am investing in the US property market residental homes. Good positive cash flow, they speak the same language as us and…[Read more]

I read the article that you posted. I am amazed at all the people that are purchasing in the Sth Florida area, I know that there seems to be good deal out there but as far as capital gain is concerned there are better area’s in the USA.

I am investing in cities that has good vacancy rates, unemployment figures are promising and in…[Read more]

Were did you get the idea that a tenant can with hold rent, you would have a management company that would be renting the property out, no tenant would have the right to withhold rent. I would consider that breaking the lease. How would the tenant know that you were an overseas investor

I own a number of properties here in…[Read more]

I have not heard of this before I just purchased a property in the New York state area and I have an attorney there that has handled the purchase. Did you set up an LLC to purchase the property, what tax structure have to set up? Did you speak with any accountnat familiar with Australian/USA tax laws?

Jeff

I would be very skeptical in purchasing a property for 15-20K. I have been looking into USA property for a while and have not seen to many of in this price range, if they are they would need extensive rehabs. Can I ask you which area in the US you have seen these properties?

You would need to from a LLC to be able as a foreign person to…[Read more]

Jeff

I am based in Sydney, the company is called Invest USA. We are just finishing up our website. You can contact me jeff2@nvestusatoday.com.au

There are more fees involved up to $3000 to purchase a property, from what I understand once you pay an entry fee you get access to further info.

I can give you you 2 accountants that can advise you one charges $170 per hour, the other $330 per hour, the difference being is that the $330 per hour fellow has over 17 years…[Read more]

I have opened up my profile to receive emails. If not you can email me jeff@investusatoday.com.au

I can be contacted there.

Jeff2tract

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]

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]

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

I can be contacted at jeff@investusatoday.com.au

Thanks

Jeff

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]

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]

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]

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]

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]