[KnoxOffParticipant@knoxoffJoin Date: 2011Post Count: 65]

April 13, 2012 - 1:12 pm

http://www.myfoxdetroit.com/dpp/news/detroit-landlord-shot-and-killed-20110508-rs

[KnoxOffParticipant@knoxoffJoin Date: 2011Post Count: 65]

April 7, 2012 - 6:37 am

  freakle Sounds  like  one of  my  good customers

 Mr Lee   4th generation  Aussie

still looks  Chinese
speaks  with a slow   Queensland   drawl

his mother  was  Scottish desent   so  he plays in a bagpipe   marching band   in     a   kilt 

any  way  we've just about killed  this thread off
 please just  keep  sony bill   over there 

[KnoxOffParticipant@knoxoffJoin Date: 2011Post Count: 65]

April 7, 2012 - 5:36 am

hey  freakle
you forgot   to  do the haka  first

[KnoxOffParticipant@knoxoffJoin Date: 2011Post Count: 65]

April 7, 2012 - 5:29 am

worldinvestor wrote:

KnoxOff

All my properties currently provide good cashflow, however it is early days and  will see how it all pans out  in 12 months time where I would like to provide an update on my experience. I don't expect it to be a "walk in the park" but I do expect to be in the black.

If I sell my properties I would like to at least double my money, bring back to Australia and if the stars are aligned will also make money on currency exchange,  now that would be nice. 

I would just reinvest the money in Australian property, there are always deals around if you want to jump in.

WI
http://www.thepetitionsite.com/2/save-our-animals-ban-puppy-mills-in-aus/#13335047560141&action=udata&udata=false

Looking  forward  to the up date….      i think  you  will do  pretty good

[KnoxOffParticipant@knoxoffJoin Date: 2011Post Count: 65]

April 7, 2012 - 5:15 am

whats  the differance  ……   most  kiwi's  use  aussie dollars  any way

   Hill they cant evun  speak  UnglushPHAR LAP: New Zealand's famous racehorse christened Phillip but was incorrectly written down as 'Phar Lap' by an Australian racing official who was not well versed in Kiwi-ese.
Phar Lapb was NZ's most  famous horse he was christened "Phillip" but  it was incorrectly written down as "Phar Lap" by an Australian racing official who was not well versed in Kiwi-ese.
PHAR LAP: New Zealand's famous racehorse christened Phillip but was incorrectly written down as 'Phar Lap' by an Australian racing official who was not well versed in Kiwi-ese.

[KnoxOffParticipant@knoxoffJoin Date: 2011Post Count: 65]

April 3, 2012 - 1:02 pm

worldinvestor wrote:

Hi All

My exit strategy for a number of reasons is to sell all my properties in US when the market starts to rise

However, be interesting to hear from others who have been investing in US for years.

From what I have been reading  seems like most US formites will jump ship as well. Just keen to also understand why this is the case.

In Australia we are passionate when it comes to property, I know many like to buy and hold forever.

Cheers, WI

Take into  consideration   the   currency conversion at the time……..   a  GOOD rental may be a cash cow

If you do sell  What will you do with the money ??????

it could be like the equities  market  MOST people  will sell   stocks  rising in value  to   re-buy  under performing stocks .

[KnoxOffParticipant@knoxoffJoin Date: 2011Post Count: 65]

April 3, 2012 - 12:52 pm

Scott  No Mates 

played indoor  cricket once  against a  team  called    7  mates and doug

indoor  cricket  has 8  on a team

[KnoxOffParticipant@knoxoffJoin Date: 2011Post Count: 65]

April 3, 2012 - 12:47 pm

Chris@AREI wrote:

Hello Everyone,

I thought I would share this article that I read about Warren Buffets take on the current real estate market in the US.  Happy Investing.  Enjoy:

Warren Buffett, the billionaire investor and Berkshire Hathaway CEO, said on CNBC's "Squawk Box" recently that he'd "buy up a couple hundred thousand" single-family homes if it was practical. 

Buffett said that's because he believes purchasing a home with ultra-low mortgage rates and holding it for the long-term has become a better investment than stocks right now. 

"Housing will come back, you can be sure of that," Buffett wrote in his annual letter to shareholders recently. 

Buffett forecasts an increase in household formations, as more people who moved in with their parents or family members during the recession look to move out and get their own home soon. 

"People may postpone hitching up during uncertain times, but eventually hormones take over. And while 'doubling-up" may be the initial reaction of some during a recession, living with in-laws can quickly lose its allure," Buffett said.

Buffett said the recovery in the housing market could vary quite a bit among local housing markets, however. He did not provide a timeline of when he expected a full housing recovery, admitting that his prediction last year that a housing recovery will take shape within the year turned out to be "dead wrong.

In this  media  interview  Buffett  say   he  he "dosnt care" and a" hurricane "  could be heading our way

http://www.youtube.com/watch?v=BPCjC543llU&feature=player_detailpage#t=129s

.

[KnoxOffParticipant@knoxoffJoin Date: 2011Post Count: 65]

April 3, 2012 - 12:46 pm

Cheeves ?

[KnoxOffParticipant@knoxoffJoin Date: 2011Post Count: 65]

April 3, 2012 - 12:24 pm

cages for  rinai infinity  instantaneous  gas  hot water systems

i remember  after the bush  fires here ,  the first house  to be rebuilt  had its  hot water  and white goods  stolen

[KnoxOffParticipant@knoxoffJoin Date: 2011Post Count: 65]

April 3, 2012 - 12:01 pm

lawsjs wrote:

I am not having a go at you,  – just as long as it is away from the hard hitting' pipe swingin' – Im sure you know the rest of the movie quote:) However – I do agree, in a really good buying market, why take a risk? Just remember the market you are buying in – it is very different to ours in Australia.

http://www.youtube.com/watch?v=r7bNXge3nFw

just remember Lawsy  innuendo  isnt an italian suppository 

[KnoxOffParticipant@knoxoffJoin Date: 2011Post Count: 65]

March 13, 2012 - 7:15 am

  im sure your going  to sydney  so here's a couple

climb the sydney harbour bridge    http://www.bridgeclimb.com/  supposed to be really good !

have a look  around the opera house and circular quay  then a ferry ride  to  taronga zoo or the manly corso

  your probably  meeting  some locals  so get them to take you to  a game of rugby leauge .

[KnoxOffParticipant@knoxoffJoin Date: 2011Post Count: 65]

March 13, 2012 - 7:01 am

labradorinlove wrote:

I have a condo in Las Vegas in a gated community. Everything has been running smoothly with the tenant. The property manager tells me the tenant pays her rent on time and is very happy there. However the PM just informed me the HOA committee has decided that they are no longer allowing renters. As of 2013 only owner occupiers will be allowed. I’ve been told I’m expected to turf my tenant out. Obviously as these rules were not in place when I bought the property I don’t think hey should apply to me or my condo.Does the HOA board actually have a leg to stand on? Should I write a letter to them or what would be the best course of action to dispute this ridiculous new rule?

would it not be  that   after 2013 no  condo's   can be bought by   investors

you cant change the rules 1/2 way through

i would think  it   best to communicate with the HOA  first through email
to get it straight from the horses mouth
and to put your point of view across
might save a lot of time and confusion

How good is your PM ?
can you speak  to your original  realator  ?
  

 

[KnoxOffParticipant@knoxoffJoin Date: 2011Post Count: 65]

March 13, 2012 - 3:14 am

Alex
dont Know  your itineary   but  crocs   only  live  in the top  one third  of the Australian  coast line

if your going to brisbane  you may   see some in captivity  at steve irwins   Australia zoo

http://www.australiazoo.com.au/visit-us/how-to-get-here/

probably   best  not to see them in the wild   because they dont eat Aussie's   they  only eat tourist's !

Whats with her anyway   most  women want to  hold a Koala or pet a Kangaroo

Why dont you  post your itneary  and things you would like to see  and some forum  members
may be able to help

http://www.abc.net.au/local/videos/2012/02/09/3427083.htm

[KnoxOffParticipant@knoxoffJoin Date: 2011Post Count: 65]

March 10, 2012 - 5:32 am

kylermrice wrote:

There's just more active investors than before it seems like.  I see the window drying up in 3 to 4 years and the market returning to decent numbers in 7 to 8 years.  Sadly to say if Obama gets another term the recovery will take even longer. 

As far as the banks, they will do anything to try and make all they can on these properties. Problem is the bad debt sends them under or hurts the books.  They can only hold so much and a good portion is fannie and freddie.  The whole reason the robo signing scandal happened was banks trying to shuck debt quick.  It's a mess is what it is, there are still so many mortgages under water and more properties on the way.  Just more people active and the deals are getting harder to get

and if this ranga  gets  another term   <moderator: delete language>

Dont  worry    you americans   it wasnt  him ………   shes at it with every one

see she even goes to the next base with the Australian public

http://www.syakirah22.com/2011/11/photos-intimacy-obama-and-prime-minister-of-australia/australian-prime-minister-julia-gillard-kisses-u-s-president-barack-obama-after-speaking-to-u-s-marines-and-australian-troops-at-the-raaf-base-in-darwin/

[KnoxOffParticipant@knoxoffJoin Date: 2011Post Count: 65]

March 10, 2012 - 4:41 am

lawsjs wrote:

I can't help myself with this subject. . In cases I have come across there is nothing more than a desire to extract as much income for the end seller as possible. These guys, it must be remembered, can read like a who's who of banned company directors in their home countries. These guys are the type who would have moved from roofing insulation to school halls, solar panels and then had the brains to discover real estate in dodgy US cities.they are flogging you.

 water tanks
ostriches
google  adds
sandlewood
slimming tea
black box  share trading
glossy prosectus horse racing scams

[KnoxOffParticipant@knoxoffJoin Date: 2011Post Count: 65]

March 10, 2012 - 3:52 am

condev wrote:

To get back to the original question, I don.t know  the company US INVEST but you have to understand how far people in the USA will go for $300 to understand the extent to which scammers will go for $3995!!!
You don't need a middleman, I have bought 5 properties inn Rochester for an average price $25500 each I have built up a team of buyers realtor, Property Manager and Attorney whom I trust. I have built up local knowledge, mainly through their help, and my average NET RETURN ON CAPITAL IS 30%( from year 2 onwards) The first year there are reno's, evictions of long term tennants and a general bedding down.- my worst return in year one is 15 %

When i was in the US   i  was warned many times  not to leave the GPS  in the car because the windows  would be smashed
by thieves 

  so i   stupidly ask  what  do they do with them then  and was told they sell them on ebay

ARE YOU KIDDING ME
 some guy will   walk around  the suburb  all night  looking  in car windows
 smash up  the windows……..  run the risk  of  getting caught  and going to  jail
  come home  and do Ebay  listings    on his laptop ( probably also stolen )
 and then    go to the post office  and  mail it of to the buyer

They cost  $100 new !!

what are  you going to get  for them on Ebay  $40  ?
bloody     lot of work  for 40 bucks
almost make you want to give up crime  or set  up a thief union

 

[KnoxOffParticipant@knoxoffJoin Date: 2011Post Count: 65]

March 10, 2012 - 3:32 am

kyler 

always  had a dream of  doing a similar  thing in vanuatu

have a boat there  and     just fly across  and spend the  winter  , fishing  

this little island  of espirito  santo  was a  staging post for the US  forces  in WW2
offensive  in to  Guadalcanal 
the movie  musical   south pacfic    based on james minchiners  book was about this island
Bali Hia

http://www.firstnationalsanto.com/index.cfm?pageCall=property&propertyID=1473548&realestate=_Aore_Malo_Channel_SANTO__1010

http://www.firstnationalsanto.com/index.cfm?pageCall=property&propertyID=1362211&realestate=_Aimbuei_Bay_AORE_ISLAND__1010

i think the worst mistake  would be to set up a business  in one of the places
crest  always  posts  about  a disater  investment in  the south pacific 
alltough  he hasnt  spilled his guts  on the details.

the locals  have a have a saying

island time which loosley translates to "dont do today what wou can put off till tomorrow"

buying   some thing like these islands could  be the best  or   worst thing you ever did

[KnoxOffParticipant@knoxoffJoin Date: 2011Post Count: 65]

March 6, 2012 - 2:59 am

Freckle

i don't know about Maloney's predictions on the pog or silver
but i do like his idea of valuing property by how many ounces of gold it takes to buy or
how many barrels of oil or tons of grain rather than just using a manipulated currency value

keiser  is a bit over the top
i prefer faber's commentary on WORLD markets

In Australia Dale Gilham is good , he says the crash is inevitable ……….  no biggy  , just get it over with

Back to NZ prospecting, you should make a TV show , man i love that Alaska gold rush show
yeh i know its men's soap opera , but i still love it .

[KnoxOffParticipant@knoxoffJoin Date: 2011Post Count: 65]

March 6, 2012 - 1:05 am

steve and vikki
not sure if this is the right mob…….  but

they give  their USA  address  as 

2650 se 7th dr.
Pompano Beach
FL 33062

 Google earth  that address and street view it

nice  big  waterfront house
 jetty  and big boat  out the back
jetski's  , nice cars, 
highperformance  motorbike , complete with burnout where someone  peeled out of the driveway

probably  all  innocent  but    "just sayin"