I will prefer California as best. Because value of land here is good and it is rising. Communication, facilities, weather everything of here is quite satisfactory. Moreover new projects are under construction. So easily you can get a property here.
USA is always a very productive place for real estate business. The price of the property here decreased a lot after the recent economic recession. But now the condition of the market has been changed. The value of land has risen and more and more new projects are being started.
Hey Blissy, it is great to get you over here. Congratulations for your engagement. I think you got your investment property in a great value. I hope it is going well. You can surely get into another property with your Fiancee. There is nothing to worry about. Keep it up.
Why do not you prefer Detroit ? Can I know please? As far as I heard the market here is in a good position now. Someone told me to invest here. Is it risky to invest in Detroit ? Thanks in advance.
It is possible for foreigners to invest in US but the rules for them cause problems. You need someone reliable who is experienced in US real estate market. That would be very helpful for you.
Lots of thanks to duckster. Your post was really helpful for me. I will remember your warning not to do something. But I can not understand something here ” When you go to get family payments your negative gearing will be added to your tax assessable income to deem your income for payment allowance assessment”. Can you please explain if you don’t bother.
I am also interested about NZ. It’s natural beauty always attracts me a lot. Is there investing so easy? I mean as I am not local would there be any new law or restriction for me? Thanks in advance.
Hi Morgan, in that case it could be in for some CG – but becareful the high return doesn't mean the owners have increased the price to compensate. Maybe you could buy something elsewhere and create a second flat or split it in two and rent each separately.
I agree with Terryw. It would be better if you buy another property in somewhere else and rent these separately. I think this might be a good solution for you.
In my personal view a mining town remains important before it’s minerals are finished. Once the mining is finished the of property of the place start to decrees. So invest wisely.
As you have a good amount of money wife’s income you can invest these. You can consider building a property investment portfolio. I am not a experienced guy. So those are only my personal opinion.
Hi Adam. I was looking for informations about CF+ deals from a few days. As I am new in real estate your post was very helpful for me. Thank you for sharing.
The difference between town houses and normal dwellings. Basically as soon as you go two storeys the cost starts to blow out a bit.
Make sure that the sewer is connected as well.
Hope it helps
Lachlan McDonald
Stroba Group
I did not find your point in the link you mentioned. That thread is about the cost of breaking of a house and building a new house there. So I am confused.
Please seek legal advice as you have just possibly committed an offence against the Corporations Act 2001 unless you have a managed investment scheme registered with ASIC.
This comment referred to a previous version of the post. not to property options. Glad to see the change.
An option is a contract which gives the buyer the right to purchase the property at a future date.
Thanks a lot Terryw for answering. Some terms sometimes looks very tough for me. Why did you say “Glad to see the change”?
