PropertyInvesting.com | kylermrice | Activity https://www.propertyinvesting.com/members/kylermrice/activity/ Activity feed for kylermrice. Tue, 14 Apr 2026 11:02:50 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 048497e1b87612f6b3218581a5b38c18 kylermrice replied to the topic Bitcoins and Litecoins - Real estate in the forum Help Needed! https://www.propertyinvesting.com/topic/4410354-bitcoins-and-litecoins-real-estate-2/page/3/#post-4696909 Fri, 28 Feb 2014 21:50:50 +0000 Crypto currencies are a long way from meeting any of these requirements at this stage. Until they do buying into them is simply shooting dice at the casino.

That's why I mine them, already had the computers laying around.  Sure beats mining for precious metals.

]]> 2c6dcbed6835720123032e4fa9b5361a kylermrice replied to the topic Bitcoins and Litecoins - Real estate in the forum Help Needed! https://www.propertyinvesting.com/topic/4410354-bitcoins-and-litecoins-real-estate-2/page/3/#post-4696907 Thu, 27 Feb 2014 14:20:32 +0000 Whole point of a crypto currency is that it's secure supposedly.

]]> a749b3831f33832120d6c6379112ff5e kylermrice replied to the topic Bitcoins and Litecoins - Real estate in the forum Help Needed! https://www.propertyinvesting.com/topic/4410354-bitcoins-and-litecoins-real-estate-2/page/3/#post-4696905 Thu, 27 Feb 2014 08:44:47 +0000 going to have to come back to this one, to much to type tonight to get caught up in this discussion.

@Freckle

disregard my comments in the other post.  I can continue the discussion here.

]]> 3a2be7c69074cf4229c8e8895cf5bea0 kylermrice replied to the topic Not long now..... in the forum Overseas Deals https://www.propertyinvesting.com/topic/4410539-not-long-now/page/3/#post-4698405 Thu, 27 Feb 2014 08:42:11 +0000 Tech is the future, just need a reset in the states to get rid of the Fed and big gov!  Killing this country!

]]> e72a3656e6a52f8debeac868e2e72122 kylermrice replied to the topic Investing 101 in the forum Overseas Deals https://www.propertyinvesting.com/topic/4410760-investing-101/#post-4699580 Thu, 27 Feb 2014 08:29:15 +0000 Appreciation is a trickier game to play than just cash flow.  If you know your areas well and can find some niche area's transitioning or gentrifing.  You can see about the same money in appreciation as you would in a year of rents.  It's not "hoping" if you know how to play your cards.

@Freckle,

How you feeling about crypto currency?  Read an…[Read more]

]]> d652caa1eea43520f38f65b304f660cc kylermrice replied to the topic Buying property in the US in the forum Overseas Deals https://www.propertyinvesting.com/topic/4409802-buying-property-in-the-us/page/2/#post-4693764 Thu, 27 Feb 2014 08:10:04 +0000 I would stay well away from Kyler Rice. His way of "helping" me was to place a squatter in a home that I foreclosed on and that was the last I heard of him.  Similarly, Alex Franks from Charlotte, South Carolina.  I lent this guy money and finally had to foreclose on him when he couldn't sell the property.  Not an apology, email or word from him…[Read more]

]]> ebf28365d8daed19e863ae7ac98d9e2a kylermrice replied to the topic US Tax Liens in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408869-us-tax-liens-2/#post-4687622 Fri, 01 Mar 2013 22:01:55 +0000 I buy them in the cities i work in and will partner with other people that work there markets.  We do it mostly for rentals but if we can get them with clean title's with no liens they can be great money makers.  Currently getting some deals from a fellow that bought some cheap properties in 2008.  These are tax sales, haven't worked with the…[Read more]

]]> 0ab4c5d6a837e23c6ca077f3cae4be66 kylermrice replied to the topic US Property - good idea if America goes broke? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408519-us-property-good-idea-if-america-goes-broke/page/3/#post-4684664 Fri, 01 Mar 2013 16:15:41 +0000 I guess your saying you want 15 graphs and a couple case studies with hard facts for you?

The example I listed above shows that prices have went up, there are more buyers.  Over seas investors now have more competition as the hedge funds and US buyers come back.  

I would like know why the OZ investor is tapping equity in there homes there to…[Read more]

]]> b1e75eabfeaabd3e65b2733ac495144f kylermrice replied to the topic US Property - good idea if America goes broke? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408519-us-property-good-idea-if-america-goes-broke/page/2/#post-4684663 Fri, 01 Mar 2013 15:46:36 +0000 Just post it here.  Last time that happened Freckle blasted a lady, trolled on her hard :)  Wonder if i could still find that?

]]> f3e6bf63f5aef320466e8c391a0b16b4 kylermrice replied to the topic US Property - good idea if America goes broke? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408519-us-property-good-idea-if-america-goes-broke/page/2/#post-4684656 Wed, 27 Feb 2013 21:38:51 +0000 And what would they be then??

The Freckle

Well properties aren't as cheap as they where in 07-08.  Used to buy brand new in Florida for 35,000 back in the day, now your lucky if you can get something close to that for 100,000. 

]]> 133108cdd90f837799e749e1259b5e2e kylermrice replied to the topic US Property - good idea if America goes broke? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408519-us-property-good-idea-if-america-goes-broke/page/2/#post-4684655 Wed, 27 Feb 2013 21:36:11 +0000 We aren't going broke….. 

]]> ebdc71ca1ca3faabe9094ba52cb5295f kylermrice replied to the topic Cash Flow Gold in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408623-cash-flow-gold/#post-4685625 Wed, 27 Feb 2013 21:26:01 +0000 10k is a bit light, but more around 15k and you can make it cash flow nicely for around 500 to 600 a month.  B/C class type of property.

]]> bf55ae27bd5d0e6776b1d4d5987541e9 kylermrice replied to the topic Cash Flow Gold in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408623-cash-flow-gold/#post-4685624 Wed, 27 Feb 2013 21:22:43 +0000 Ah Freckle and Shanin, 

Let young Engelo tell you his greet experiences, I have heard some great stories from his business partners.  What a crazy fellow he is!

]]> 8e9f91823025ca4486cc3d00f5de8ad9 kylermrice replied to the topic Flipping USA Property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408008-flipping-usa-property/#post-4680272 Thu, 31 Jan 2013 07:10:25 +0000 Update:

Flipped the above mentioned four unit for a profit of 42,000!

How's that for a flip with a 26,000 purchase and 10K rehab

cheeky

]]> 5ddbb8798ed421d9fbfcdab84d1f1b03 kylermrice replied to the topic "The US Spruiker" - an email dialogue :))) in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408271-the-us-spruiker-an-email-dialogue/#post-4682447 Mon, 07 Jan 2013 20:53:23 +0000 LOL, u guys are to much sometimes.  I got replies for both of you.  Been MIA with my wedding and honeymoon laugh

]]> f31468574616e85b10603e2952fdea38 kylermrice replied to the topic "The US Spruiker" - an email dialogue :))) in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408271-the-us-spruiker-an-email-dialogue/#post-4682443 Tue, 18 Dec 2012 16:37:56 +0000 Nothing speaks more volume than to just let somebody talk to a partner that you work with from the same country.

What kills me is the people that ask tons of questions and never intended to buy and just wanted to squeeze you for knowledge angry

Aussie spruiker, lol.

]]> 8f477e92e40987b0f7bc66b9c23f0fae kylermrice replied to the topic investing 300,000 cash in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407718-investing-300000-cash/#post-4678171 Wed, 28 Nov 2012 07:46:46 +0000 Bet it all on the black!  I always do cheeky

]]> 61cc868ad2204e76cae9fc06b53997d7 kylermrice replied to the topic Flipping USA Property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408008-flipping-usa-property/#post-4680270 Wed, 28 Nov 2012 07:24:53 +0000 @ Alex

Had heard he was in town, I hadn't talked to him much since last spring.  He partnered up with a friend of mine and has been selling C class properties.  I generally keep the C's for myself :)

Word of mouth does spread fast!  I'm to the point i can't keep up with how much my partners want todo.  Have a group coming late January and i heard…[Read more]

]]> 1a60bb1a0bbdc7d9837ddc2c2db7dfb0 kylermrice replied to the topic Flipping USA Property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408008-flipping-usa-property/#post-4680268 Mon, 26 Nov 2012 05:40:32 +0000 Thanks Ziv,

We should do a flip, then you can tell the people you forwarded cheeky

lol, joking. 

All the weasal got was some time and i didn't really didn't lose any money.

There really isn't to much risk even for the money man, all rent is paid to him until sale of the flip.  Longest flip i had to hold until sale was 4 months that involved a…[Read more]

]]> 9bdc96ae955989f7969070a7721686d5 kylermrice replied to the topic Flipping USA Property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408008-flipping-usa-property/#post-4680266 Fri, 23 Nov 2012 03:31:17 +0000 Well the only crook i have worked with was a weasal from Sydney. 

In my case my partners provide the capital, I do most of the hard work.  They sit back and relax while i make us money, lol.

Nigel, i can have you contact my partner in Brisbane if you like.  Do a flip with me and see for yourself cheeky 

]]> f5cd34d587fa57844bdff7076e6d82f0 kylermrice replied to the topic Australia v USA Property Prices in the forum Opinionated! https://www.propertyinvesting.com/topic/4403431-australia-v-usa-property-prices/#post-4646410 Fri, 23 Nov 2012 01:49:22 +0000 Apartments are good for meager caps under 10%.  It doesn't have to be apartments, people still would rather rent a SFH over apartments.  I do have four and six plex's though, they are cash machines.

The prices can't get any lower, if anything the banks are being more creavtive.  REO deals and brokers are coming back, bought two auctions last week…[Read more]

]]> 095bc63efd5ba1f0fe0a67b2f650dc41 kylermrice replied to the topic Flipping USA Property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408008-flipping-usa-property/#post-4680264 Thu, 22 Nov 2012 04:10:31 +0000 Every investment is a risk….   Nigel

]]> 82e8ace5fd7fa677d59844277d1a33e1 kylermrice replied to the topic Flipping USA Property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408008-flipping-usa-property/#post-4680261 Tue, 20 Nov 2012 16:24:00 +0000 Sorry Guys, I have been so busy i have literally been from dust till dawn.  This time last year I had time through the winter to post regularly.  As i was doing two of my own projects.  This year i have ten and counting. 

Toam5,

I had sent you a PM, along with others.

But i have no problem posting what i do.

Capital 20 to 50 thousand, returns…[Read more]

]]> 257ad42c0bde1bf59c7a8fa52469f454 kylermrice replied to the topic Flipping USA Property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408008-flipping-usa-property/#post-4680257 Fri, 02 Nov 2012 03:33:12 +0000 I don't ever see there being any type of service like that unless you get in a group with money or have a good connection. 

I do them with Aussie and Cali business partners.  They supply the capital and I locate the property, project manage, property management, and a buyer.  Split the profit down the middle.  Sometimes they will have money…[Read more]

]]> b72e56e8af0415449a12e0f1949161cf kylermrice replied to the topic NJ Multi Family Residential in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408009-nj-multi-family-residential/#post-4680273 Fri, 02 Nov 2012 03:18:30 +0000 To much money for such a low cap :(

]]> f73d9edc977e192948dd72cf6870770f kylermrice replied to the topic investing 300,000 cash in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407718-investing-300000-cash/#post-4678166 Wed, 03 Oct 2012 06:19:03 +0000 if you had $300,000 cash…how would you invest it in USA property? what strategy would you use?

I would set back 100,000 for flipping.  Proceed to buy properties with that liquid and average a quick wholesale deals. 

Would then buy A class for about 50,000 in the new Google fiber hoods (That's what there calling them, trying to be very urban) …[Read more]

]]> 77ce0219acb861f97b525a949c47b295 kylermrice replied to the topic Humorous exchange with PM who is experincing his first and Last OZ owner. in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407745-humorous-exchange-with-pm-who-is-experincing-his-first-and-last-oz-owner/#post-4678406 Mon, 01 Oct 2012 03:13:47 +0000 The check thing cracks me up. You guys are so last century. ;-)

Lot's of people still like to do business that way.  You can do all your business from your phone, tablet, computer…  Can deposit checks with pictures from my phone.  Just need a quality bank, problem is that the banks here are just big business and you need to go small and local.  Or…[Read more]

]]> 1857be430b4b8c4b6a485a6dc45d9bd8 kylermrice replied to the topic What would Steve say to $20k houses in derelict USA? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407530-what-would-steve-say-to-20k-houses-in-derelict-usa/#post-4676795 Sat, 22 Sep 2012 09:01:13 +0000 These deals aren't in war zones, as Alex says he would left his wife collect rent at night.  I would let my fiance collect rent at night on this multi-family. 

]]> f416235d82aa3715dcb1be24cbfb93a8 kylermrice replied to the topic What would Steve say to $20k houses in derelict USA? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407530-what-would-steve-say-to-20k-houses-in-derelict-usa/#post-4676794 Sat, 22 Sep 2012 04:10:53 +0000 Pictures where the same as the MLS or i would have used that link, but the link is gone when the property goes under contract.  The zillow price is still from this summer, they asked for 25,000 back in July.  I missed out then, but doing my searching of properties this week saw that the sale fell through.  I jumped on it and offered them 26,000…[Read more]

]]> 062804e49d89c5aeea571e4c4ffb3598 kylermrice replied to the topic What would Steve say to $20k houses in derelict USA? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407530-what-would-steve-say-to-20k-houses-in-derelict-usa/#post-4676788 Fri, 21 Sep 2012 16:58:07 +0000 I get some more time, i will keep posting deals and will break them down.  There under contract so i have no problem putting them out there. 

]]> 1c3b197a91d33990647b4f3741d0767e kylermrice replied to the topic What would Steve say to $20k houses in derelict USA? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407530-what-would-steve-say-to-20k-houses-in-derelict-usa/#post-4676787 Fri, 21 Sep 2012 16:55:49 +0000 Lol, here we go again.  The ones for 20,000 i usually get from 5,000 to 3,000 and have even had people sign them over to me.  It's the gems that most people pay 60,000 for that i get for 20,000 to 25,000. 

Case and point

Bought this one the other day in a mixed area, African, African American, Hispanic, and…[Read more]

]]> 0a692c5fa493412911af70d296cf17a3 kylermrice replied to the topic heading to the States! in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407443-heading-to-the-states/page/3/#post-4676276 Thu, 13 Sep 2012 18:20:08 +0000 @ Zmagen

We just don't get the attention here that other markets like Atlanta get.  I have been working with these wholesalers for a while, the prices really have stayed about the same. The MLS will get competitive during the Spring/Summer seasons, but it will taper back off.  That's about the only time prices are bid up. 

I do wholesale…[Read more]

]]> 592b541b763a1bbfae6f834ddf3da048 kylermrice replied to the topic heading to the States! in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407443-heading-to-the-states/page/3/#post-4676268 Tue, 04 Sep 2012 09:32:53 +0000 I can get good whole sale deals for about the same price as 2009

]]> acfd02c5119d4aeb93d036248ba15f90 kylermrice replied to the topic heading to the States! in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407443-heading-to-the-states/page/3/#post-4676267 Tue, 04 Sep 2012 09:31:12 +0000 @ Jay

Not really, we just don't get the crazy amounts of people buying here like the buying frenzy that shot up AZ and Atlanta.

]]> c224d47ce999d0582036ea038e473104 kylermrice replied to the topic First Timer, 1st Post in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407332-first-timer-1st-post/#post-4675217 Thu, 30 Aug 2012 02:32:24 +0000 Cash flow is King cheeky

]]> 2b5eb516ed02dfe993bee8c8d2e4c93b kylermrice replied to the topic Back from Jacksonville Florida, bought a house in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407488-back-from-jacksonville-florida-bought-a-house/#post-4676532 Thu, 30 Aug 2012 02:27:48 +0000 Congrats, the pay pal idea is the best i have heard yet

]]> 45828dbb8c1a814d93c0a8727fe0630e kylermrice replied to the topic heading to the States! in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407443-heading-to-the-states/#post-4676242 Thu, 30 Aug 2012 02:21:52 +0000 Florida's a big state, would take a month to cover al the area's with  good properties for sale

]]> 03b2ee9524e0c7ae6bce0f5ac190b0ed kylermrice replied to the topic Thank you in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407171-thank-you-2/#post-4674073 Fri, 27 Jul 2012 19:48:19 +0000 Just glad we could help, should have said something a long time ago.  But i thought John had quite using the site a while back.

]]> d9631b69617e82ceb8b37092925298b2 kylermrice replied to the topic Understanding Price-To-Rent Ratio in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407093-understanding-price-to-rent-ratio/#post-4673528 Fri, 27 Jul 2012 07:07:02 +0000 Nobody talks about cap rates on these forums that i have seen. 

]]> f3a4f6a20c1fa4f63f0017ebe2379bb7 kylermrice replied to the topic Confused Australian property investor trying to sell a house in the USA in the forum Overseas Deals https://www.propertyinvesting.com/topic/4405943-confused-australian-property-investor-trying-to-sell-a-house-in-the-usa/page/2/#post-4664309 Sun, 22 Jul 2012 08:32:21 +0000 Oh ok, so basically all I need is common sense? hahaI wouldn't say it's that easy….

]]> 94339d9b4ad71ddc2ad896de0bb7beed kylermrice replied to the topic Confused Australian property investor trying to sell a house in the USA in the forum The greatest lose in life, https://www.propertyinvesting.com/topic/4405943-confused-australian-property-investor-trying-to-sell-a-house-in-the-usa/page/2/#post-4664308 Sun, 22 Jul 2012 08:31:11 +0000 The greatest lose in life, is life itself.  It's like saying if only the sharks weren't eating surfers in OZ.  40,000 people a year die in car accidents.  It's the nature of how it happened and the news always loves to blow these stories up.  It's sad and tragic, please be careful how you throw that around.  The states is far safer than Mexi…[Read more]

]]> 1717327871a53df7c1cec6123fed3221 kylermrice replied to the topic Confused Australian property investor trying to sell a house in the USA in the forum Just do your homework and https://www.propertyinvesting.com/topic/4405943-confused-australian-property-investor-trying-to-sell-a-house-in-the-usa/page/2/#post-4664306 Sun, 22 Jul 2012 08:09:42 +0000 Just do your homework and you will be fine.  This investor was a novice at best.

]]> 431a1257406d820e3ad4700eb11fad34 kylermrice replied to the topic "The Tenant is King" - Japan Real Estate Guide (2) in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407103-the-tenant-is-king-japan-real-estate-guide-2/#post-4673592 Sat, 21 Jul 2012 23:26:36 +0000 All that radiation fall out bothers me.

]]> 387f3f0d3cf4c5d23c2eeca7d60d7a2c kylermrice replied to the topic Using personal loans to acquire 4th rental property in Atlanta GA in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407189-using-personal-loans-to-acquire-4th-rental-property-in-atlanta-ga/#post-4674164 Sat, 21 Jul 2012 06:39:04 +0000 If you can pay off in five years, sounds pretty solid to me.  I like to play a game to see how fast i can get my beginning cap back and five years is always nice.  Is there no option to pull equity out of your other houses? 

]]> 96a0ec504846f5c6f95db631b85e462b kylermrice replied to the topic Obama care has to come from some where, why not the real estate investor? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407116-obama-care-has-to-come-from-some-where-why-not-the-real-estate-investor/#post-4673716 Fri, 20 Jul 2012 05:03:30 +0000 I feel the same way, like your being punished for over achieving.  One of the reasons i don't take section 8

]]> 2cb3dd47f043b3ca6d2ea3e5eb75eceb kylermrice replied to the topic Simple approach and good check list for all investors no matter where you are from.. in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407076-simple-approach-and-good-check-list-for-all-investors-no-matter-where-you-are-from/#post-4673408 Thu, 19 Jul 2012 23:15:53 +0000 @ AlexThings are good, just wish i had more liquid to buy up every deal i saw, ha!  How are things in the Carolina's?Is this the event you are talking about?http://www.eventbrite.com/event/3677928784@ JayExactly why i keep the my handyman on staff, your only as good as the people you have working for you.

]]> 0d5cdfe94149e3c049632f15e4bac31a kylermrice replied to the topic Case Study - Atlanta GA in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407091-case-study-atlanta-ga/#post-4673514 Thu, 19 Jul 2012 23:04:07 +0000 Can still be bought for that price on the gulf side, don't know about Atlantic.

]]> 8be5acadb1c4d47ac0f356122fed54f9 kylermrice replied to the topic Case Study - Atlanta GA in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407091-case-study-atlanta-ga/#post-4673512 Thu, 19 Jul 2012 18:48:25 +0000 Prefer Ocean, but if the canal takes you out to the gulf that's just as valuable. 

]]> cf8d5164cc914cd4b514549aeeaa774b kylermrice replied to the topic Case Study - Atlanta GA in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407091-case-study-atlanta-ga/#post-4673510 Thu, 19 Jul 2012 07:17:50 +0000 Lets keep the pressure on Atlanta and keep those prices rising… The US companies are doing it in a big way now.Fine by me, i like not having competition in the markets i invest in. 

]]> 63fb3be83667426f011803a4243f36c2 kylermrice replied to the topic Case Study - Atlanta GA in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407091-case-study-atlanta-ga/#post-4673509 Thu, 19 Jul 2012 07:15:56 +0000 Why would this be a good deal?  I agree it looks nice, but i'm not keen on ATLWhy would it be a bad deal? Just to much for it, for that type of money you could get something in Florida on the water, way more room for appreciation.What is good about the area?What is bad about it?Any other discussion points where you can show off your knowledge ?  I…[Read more]

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