PropertyInvesting.com | nyc88 | Activity https://www.propertyinvesting.com/members/nyc88/activity/ Activity feed for nyc88. Sat, 11 Apr 2026 19:46:56 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 2c64d0d6c4abee92fb15e0ae212ec88d nyc88 replied to the topic Many furnished short term rentals needed in Adelaide in the forum Help Needed! https://www.propertyinvesting.com/topic/4997396-many-furnished-short-term-rentals-needed-in-adelaide/#post-4997431 Wed, 03 Dec 2014 13:40:04 +0000 Hi Z98, I may be able to help by providing a name of an RE agent in Adelaide. I will PM you.

cheers, nyc88

]]> e0a2753486922eb41a3f5ac18aa674c7 nyc88 replied to the topic Hong Kong Investors? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4992889-hong-kong-investors/#post-4993520 Sun, 10 Aug 2014 14:10:37 +0000 Hi Stevie2013, congratulations on becoming a PR in Hong Kong. I bet you must be very excited about attaining your residency and having the opportunity to invest like a ‘local’ would. I haven’t lived in the country for a couple of years now, but if you want to send me a PM about your thoughts and ideas of investing in HK, I may be able to share…[Read more]

]]> 2fb00618abfba73a39c30ee8c25738cd nyc88 replied to the topic leverage in Australia versus 'all cash' in the US in the forum Overseas Deals https://www.propertyinvesting.com/topic/4410546-leverage-in-australia-versus-all-cash-in-the-us/#post-4698448 Sat, 08 Feb 2014 02:36:40 +0000 engelorumora wrote:
I think you should not invest in the US if your hoping the property will go up in value.

Hoping is not a strategy, its a prediction.

Look at the numbers in a particular deal and if they make sense and suit your end strategy then I would proceed with the investment.

As Freckle mentioned the US market is completely different…[Read more]

]]> 314425b502e6b2a0879b365ca0a0e3c9 nyc88 replied to the topic What should I do with my $250,000 in the forum Help Needed! https://www.propertyinvesting.com/topic/4408711-what-should-i-do-with-my-250000/#post-4686361 Tue, 12 Feb 2013 10:41:18 +0000 Hello

This is an interesting thread. Rather than start a new thread, I'd thought I'll ask some questions here as my questions are similar to Royce's questions and my questions are also around's TerryW's strategy suggestions.

TerryW, your first response on the thread is very interesting. How would the strategy change, ie "Gift the money to a…[Read more]

]]> eefa2b2479ea003e66d4709076db02af nyc88 replied to the topic Income tax for US real estate in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407258-income-tax-for-us-real-estate/#post-4674633 Sun, 07 Oct 2012 12:45:24 +0000 Jclimie, your accountant would be preparing a partnership return and then two individual tax returns when there are two owners of an LLC, on both the State and Federal level.

The information from the partnership return feeds right into each individual return – I don't think it is really that hard for the accountant to do the returns.

Have you…[Read more]

]]> e2adb717fe4aff314d42d9bde8b4c8b5 nyc88 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-4678403 Sun, 30 Sep 2012 14:17:34 +0000 Jay, great post….love it.

So only the minority of renters in the US living in homes (under $100,000 market value) own bank accounts….say around 20% of renters, if one is to generalise?

]]> 9aea986fc2ca878d237ff18ce4197609 nyc88 replied to the topic Warning re: Wells Fargo Bank toll-free number! in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407452-warning-re-wells-fargo-bank-toll-free-number/#post-4676336 Mon, 10 Sep 2012 11:42:07 +0000 Hi Cocam, hehe…..no, I don't work for Wells…..I thought that by asking an open-ended question, I might some interesting comments from you and I did…..some of your comments are funny (and cute). Yes, I agree….the bank accounts have many numbers (too many) and some of the Wells customer service staff are robotic. Overall though, I find them…[Read more]

]]> 2de445ebd96e9c259ab2ac7e8c25b739 nyc88 replied to the topic Leaderboard ? in the forum Opinionated! https://www.propertyinvesting.com/topic/4407541-leaderboard/#post-4676868 Wed, 05 Sep 2012 10:02:04 +0000 Dubstep…..perhaps its because you walk softly and carry a big stick…..erh….oops, I mean, carry a big fish…..hehe

]]> 4ca6e0809c4c195d0a2dd70ccfec91e0 nyc88 replied to the topic Warning re: Wells Fargo Bank toll-free number! in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407452-warning-re-wells-fargo-bank-toll-free-number/#post-4676333 Sat, 01 Sep 2012 02:20:55 +0000 Hi Cococam, thanks for the information. ..its useful to know…..I've always wondered about the toll-free line for business accounts with Wells Fargo. 

Have you been satisfied with the level of service provided by the phone customer service team at Wells?

cheers

]]> 0f294656ee13c5dc1863af13dcadb153 nyc88 replied to the topic heading to the States! in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407443-heading-to-the-states/#post-4676239 Tue, 28 Aug 2012 13:38:18 +0000 …..thats right, I forgot to mention to have a chat to Tripti Zehd in Miami. She is very helpful.

]]> b9eb2e0cd6091d82cc5172780b2ea14b nyc88 replied to the topic heading to the States! in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407443-heading-to-the-states/#post-4676234 Mon, 27 Aug 2012 10:26:44 +0000 BMH and Mary, if you are interested investing in Florida, I would highly recommend Judith Ottosen (an Australian), a licensed realtor and property manager based in Fort Myers. 

Here are her details:

Judith L Ottosen
Tall Poppy Real Estate, LLC
http://www.tallpoppyrealestate.com

All the best

]]> bed43d2c73d9efb9c545ef41f7c22850 nyc88 replied to the topic Insurance Policies - US in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406780-insurance-policies-us/#post-4671311 Tue, 24 Jul 2012 11:11:05 +0000 Hi mpinvestor, I’ve just sent you a PM.

]]> 9cf8988e0eab2ab0272ff75a5b565564 nyc88 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-4673587 Sun, 15 Jul 2012 11:06:16 +0000 Hi Ziv, this is a very well written article…..well done!

]]> 6fbf3a7715a8e14fb0adcb55dcc47819 nyc88 replied to the topic Insurance Policies - US in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406780-insurance-policies-us/#post-4671303 Mon, 11 Jun 2012 06:54:07 +0000 Hi WorldInvestor, I sent you an email with the contact details of an insurance broker in Georgia.

All the best

]]> 243a565ced79c8ac3471a53013be50b2 nyc88 replied to the topic Newbie question - which US bank to open an account with? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406183-newbie-question-which-us-bank-to-open-an-account-with/page/3/#post-4666277 Sun, 03 Jun 2012 08:55:45 +0000 In order to open an bank account with HSBC USA, first you have to qualify as a Premier client with HSBC in your home country (whether it is Australia, Canada, Singapore or the UK, to name a few countries). In Australia, to qualify as a Premier client, you would need to have AUD$200,000 in cash deposits with them (this amount can include…[Read more]

]]> b0fcbbce91ec79512e98980b48ff807d nyc88 replied to the topic More news on US in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406575-more-news-on-us/#post-4669724 Mon, 28 May 2012 10:05:02 +0000 Hi WorldInvestor, thank you very much for sharing the valuable information here.

]]> 2d8e13708315209bb6a086a4150eef8a nyc88 replied to the topic Taxes for USA property when living in Australia in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406654-taxes-for-usa-property-when-living-in-australia/#post-4670429 Fri, 25 May 2012 12:55:26 +0000 Hi Stu82, Sall94 and WorldInvestor,

The US-based accountant said that many countries recognize an LLC as a “corporation” for tax purposes – while the United States recognises it as a look-through entity. In situations involving many other countries using an LLC can raise the worldwide effective tax rate of the investor to more than 55% when compa…[Read more]

]]> 7a39318bd1e4e81ec636cf325242b587 nyc88 replied to the topic More news on US in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406575-more-news-on-us/#post-4669722 Fri, 25 May 2012 11:41:11 +0000 Hi WorldInvestor, thanks for your comments. I’m looking to purchase in Atlanta and would like to know the details of your attorney, if it is okay.

May I ask, in terms of the loan period for the liens on the properties, did you use the same timeframe for all your properties. For example, a 15 year loan period? 20 years?

Thank you

]]> 4c06db1e0ac1524079691437cc36cf92 nyc88 replied to the topic Taxes for USA property when living in Australia in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406654-taxes-for-usa-property-when-living-in-australia/#post-4670425 Thu, 24 May 2012 10:26:07 +0000 Matt, you’ve asked some interesting questions. I’ll private message you with a statement made by an accountant whom I wrote to recently…

]]> 0fb080745ca0637ad2a500c5016c2471 nyc88 replied to the topic More news on US in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406575-more-news-on-us/#post-4669720 Thu, 24 May 2012 10:09:56 +0000 Hi WorldInvestor, you’ve made great comments and thank you for sharing.

You wrote, “Not sure whether investors have also considered setting up loans against properties. I arranged this with my lawyer in Atlanta, as I do not plan to pay any tax in US.”

Would you please tell me the process as to how you went about setting up loans against the…[Read more]

]]> 77299f189a60cf92ec78fbe635cde346 nyc88 replied to the topic More news on US in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406575-more-news-on-us/#post-4669708 Mon, 14 May 2012 10:13:46 +0000 Hi WorldInvestor, thanks for providing an update and I have enjoyed reading your posts on your adventures in Atlanta. I’m glad you are pleased with how well your properties are performing.

Another investor has given me the name of his accountant (based in Atlanta) and I’m wondering if you know of any investors who have worked with him. Would you…[Read more]

]]> ccf3fa009c0264ce8b48f1d57e7db52a nyc88 replied to the topic Investor-friendly agents/brokers in FL in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406561-investor-friendly-agentsbrokers-in-fl/#post-4669591 Sun, 13 May 2012 03:24:20 +0000 There is a poster called ‘ActToday’ is who is licensed agent and property manager in Fort Myers. Tripti, I’ll send you a PM with her details.

]]> e8433f9fa757b6769905bbaa170e6486 nyc88 replied to the topic Recommendations for USA all-in-one property managers in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406483-recommendations-for-usa-all-in-one-property-managers/#post-4668888 Thu, 03 May 2012 09:54:11 +0000 Hi Mihovi, you have written an interesting post. Like World Investor, I too would like to hear your views on Atlanta.

Any thoughts?

]]> 413b8cfc43a39d813857aaa4e3ad9a39 nyc88 replied to the topic ABC 730 23rd April 2012 in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406389-abc-730-23rd-april-2012/page/3/#post-4668084 Sat, 28 Apr 2012 04:32:45 +0000 Great comments, and nice spelling, Jay ;)

]]> c5a08b697f6223187fc5e9c901a4d894 nyc88 replied to the topic Can any non us citizen success fo apply mortgage while buying home in us? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406424-can-any-non-us-citizen-success-fo-apply-mortgage-while-buying-home-in-us/#post-4668325 Fri, 27 Apr 2012 13:44:04 +0000 Hi Cck734, welcome to the forum.

I lived in Hong Kong as an Aussie expatriate for most of the last decade so I have some understanding of your background. I definitely miss working and paying taxes in the country’s low tax regime.

I’m happy to share with my experiences with you, my observations and the research I have done (the US different…[Read more]

]]> f97fe042fe138aa7a9a240b41a1e7bc8 nyc88 replied to the topic ABC 730 23rd April 2012 in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406389-abc-730-23rd-april-2012/#post-4668047 Tue, 24 Apr 2012 10:26:20 +0000 Lawsjs, you and Emma did very well in your interviews. Well done!

]]> 80223b3c24b7cfcad429b5458a9aa83f nyc88 replied to the topic Books in the forum Hi Engelo A book that has https://www.propertyinvesting.com/topic/4403991-books-5/#post-4650175 Sat, 29 Oct 2011 07:48:30 +0000 Hi Engelo

A book that has been recommended to me is “The Unofficial Guide to Real Estate Investing” by Martin Stone and Spencer Strauss. It has a lot of positive reviews on Amazon.

cheers

nyc88

]]> 7ae9e72c660b7dfd3a588a159a27de4a nyc88 replied to the topic Hmmm I wonder how MyUSA, HouseBuyersUSA, 21st Century Property, 888 Real Estate get their property? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4404824-hmmm-i-wonder-how-myusa-housebuyersusa-21st-century-property-888-real-estate-get-their-property/#post-4656498 Wed, 28 Sep 2011 12:45:47 +0000 Property Scout, thank you for sharing the information.

I would like to have a chat to you about your experiences and have some questions for you, however, your profile states you are ‘not accepting emails’. Would you please send me a private message?

Thank you.

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