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  • Profile photo of mgcdavismgcdavis
    Member
    @mgcdavis
    Join Date: 2008
    Post Count: 3

    Hi All,

    Thanks again for your comments on my first foray into the US market.  Being close to close on my first deal, facilitated by an agent, I'm planning to do the next one more directly.

    Can anyone recommend a US buyers agent, preferably based in the Atlanta or Florida areas?  I'm not particularly looking for help with the rehab or property management – I already have someone in mind for that in Atlanta.

    Thanks again

    Mike.

    Profile photo of mgcdavismgcdavis
    Member
    @mgcdavis
    Join Date: 2008
    Post Count: 3

    WI,

    Thanks for your comments.  I'll have a search for 888 threads now.

    Have you (or anyone you know) done any of the larger multifamily deals?

    Profile photo of mgcdavismgcdavis
    Member
    @mgcdavis
    Join Date: 2008
    Post Count: 3

    Hi Speedy

    I'm just getting into the US market too (like the rest of the world!).  As per some of the previous comments, it looks like some of the super exciting single family home deals have already disappeared.  A friend of mine has bought a few properties (in Texas and Georgia) through this buyer's agent, and I'm about to make my first purchase in the next few weeks:

    http://www.888usaproperty.com.au/547803/

    (open to educated opinions).  Perhaps you can use it as a comparison?

    Having just logged onto loopnet.com for the first time a week ago, it seems the real bargains are in the multifamily deals.  Ie finding a block of 20x  2 bed apartments selling for <$100,000 is astonishing!  Now I'm left wondering how to pull together then numbers on what I assume is a different type of property deal.

    Does anyone have experience running the numbers / due diligence on larger US deals (10-20 unit multifamily)?

    Mike.

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