Total Members: 158,642

Richard Davies

  • Have been weighing that up Jay, the alternative is substantially  lowering the rent to get some tenants into the units and then use that cash to pay off the other renovations

  • Just an updated on the My US Property front, still heard nothing from Mr. Andrew Allan since the email he sent just after the 730 report.  Regarding Youngstown property, which was the four units, I have renovated two but been struggling to rent them out.  It has been slow.  The plan was to rent those to out and use the funds to renovate the other…[Read more]

  • Richard Davies replied to the topic Andrew Allan and My USA Property in the forum Overseas Deals 11 years, 10 months ago

    Thanks for the encouragement Joel, yeah obviously I was very naive, as is Mr. Allan from My USA Property for that matter, and I have not finished following him up as of yet.  I know more than a few on this forum have had bad experiences, not just yourself.  Continuing on from the last post I put up about Mr. Allan' s miss dealings I am now up to…[Read more]

  • Richard Davies replied to the topic Andrew Allan and My USA Property in the forum Overseas Deals 11 years, 10 months ago

    Good to be on the new revamped website. 

    My situation now is better than what it was last year, as I now have a property manager running the Youngstown property and will hopefully have two units rented out soon.  I have pumped another $6000 into renovations as the money I gave Andrew Allan was never used for renovations.  I have no idea what…[Read more]

  • Richard Davies replied to the topic Who can I trust? in the forum Overseas Deals 11 years, 10 months ago

    I would agree that sourcing some people on this forum is a good start

  • Richard Davies replied to the topic “The Tenant is King” – Japan Real Estate Guide (2) in the forum Overseas Deals 11 years, 10 months ago

    I was stunned when I lived in Osaka for a few years at how small some of these places actually were. I mean a one person unit can basically fit one person, with a tiny bathroom and cooking facilities and if you roll out your futon on the floor all the space is taken up. Consequently when I came back to Melbourne to live and was looking for an…[Read more]

  • Richard Davies replied to the topic Andrew Allan and My USA Property in the forum Overseas Deals 11 years, 10 months ago

    Anyway this was Andrew’s reply:

    On 04/12/2011, at 5:32 AM, Andrew Allan wrote:
    Hi Gavin,

    I have sent several email communication over the past few weeks. I am waiting on Alan Applegate to give me the green light that the Youngstown property is done and can be sold as I have 2 interested investors wanting it. I have sent emails but still…[Read more]

  • Richard Davies replied to the topic Andrew Allan and My USA Property in the forum Overseas Deals 11 years, 10 months ago

    Anyway moving through the later months of last year, I continued to pester Andrew without getting much of a response. The classic line was that for my Youngstown units in Ohio, that he had ‘tenants who were interested’ once the renovations were done. As for the Detroit property, he conveniently never chose to really address that situation. This…[Read more]

  • Richard Davies replied to the topic Singapore – (A Very) Brief Overview in the forum Overseas Deals 12 years ago

    Thanks for the update Ziv, that’s interesting to read.

    The Brunei government has had a tendency to give out land to their citizens in the past, but that country is much bigger than 40 km’s squared! lol

  • Richard Davies replied to the topic Singapore – (A Very) Brief Overview in the forum Overseas Deals 12 years ago

    That’s one thing I found remarkable about the Japanese when I lived over there 10 years ago.. how bad their teeth were! Lol.

    It is interesting to note Ziv, that despite promises from the previous Labour government here in Melbourne, Victoria, that the city would be expanding upwards rather than outwards, the NEW Liberal government this week…[Read more]

  • Richard Davies replied to the topic Andrew Allan and My USA Property in the forum Overseas Deals 12 years ago

    Currently in the process of moving house, so have been a bit slack on the forum recently.

    Anyway regarding the My USA Property fiasco II was up to around May last year with the company’s CEO Andrew Allan miss-dealings. Just to give you an idea of how stalling techniques can be used by some so called property experts like Mr. Allan here are three…[Read more]

  • Alanls,
    It sounds VERY similar to my experience with Andrew Allan, Jeremy Burgess and My USA Property. I had outstanding taxes too for a property I purchased in Detroit which did not have a title under my name. I am going after those two names above, I suggest you do with those people who misrepresented you too. Sooner or later if enough people…[Read more]

  • Richard Davies replied to the topic Your Creative Investments (2012) in the forum Creative Investing 12 years ago

    Lol that’s something to do in future!

  • Richard Davies replied to the topic Your Creative Investments (2012) in the forum Creative Investing 12 years ago

    I actually thought Gumtree would be better regulated than what it was. I tried selling some bike wheels on it recently and got a number of very dodgy replies asking me to wire money to them first! Once I contacted Gumtree they told me to forward on the emails to investigate them. Thought their filtering system would be better. Anyway still sold…[Read more]

  • Richard Davies replied to the topic Wire Transfer Advice Needed in the forum Overseas Deals 12 years ago

    Thanks for the heads up. Would be best I guess to get on a first name basis with a US bank manager, so you WOULD recommend Wells Fargo? I became a client without a choice. Lol

  • Richard Davies replied to the topic Socialism in the forum Opinionated! 12 years ago

    I guess the only person who had the power was the professor handing out the grades too. Animal Farm, George Orwell “All animals are equal but some animals are more equal than others”.

    Unfortunately though Capitalism today essentially encourages people to want to get wealthy at the expense of others. I was part of the process…. and also a…[Read more]

  • Richard Davies replied to the topic Socialism in the forum Opinionated! 12 years ago

    The only block for socialism to work effectively is people. I like film maker’s MIke Moore’s view that capitalism and socialism don’t work as they are outdated, and there needs to be a NEW alternative.

  • Richard Davies replied to the topic Wire Transfer Advice Needed in the forum Overseas Deals 12 years ago

    Had a lot of problems with Wells Fargo, after Wachovia Bank merged with them.  I needed to skype them at least four times and post information on three separate occasions before I was able to get my money taken out of my "new" Wells Fargo account.  Are there any really reliable US banks around which cater for Overseas customers?

  • Richard Davies replied to the topic Investment In Mining Areas in the forum There’s plenty of experts on 12 years ago

    There's plenty of experts on this forum, depending on which country you're looking to buy in that is.

  • Richard Davies replied to the topic Singapore – (A Very) Brief Overview in the forum Overseas Deals 12 years ago

    Yeah will do Ziv, the health products also sound great.Regarding housing what I do know about Brunei's is that people there have a tendency to renovate them and it is getting tougher regardinig getting premits to do that. What's unique about the housing there is that a lot of the older homes are built on stilts in the water.  They look quite shabb…[Read more]

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Richard Davies

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