RickH replied to the topic Where is the soundest state/county to invest in America? in the forum Overseas Deals 15 years, 1 month ago
Hi ALL,I am different again. I have deposits down on 3 houses in Kansas City MO. From what I have read this is a stable City not a boom / bust type of place with lower than average unemployment and steady population. All houses are offering 15 – 20% returns.It looks like everyone has different ideas on what are good places to invest. Each to their…[Read more]
RickH replied to the topic My USA Property in the forum Overseas Deals 15 years, 2 months ago
I used home equity via line of credit which has been approved.Just getting US finances sorted LLC established and bank accounts set up
RickH replied to the topic My USA Property in the forum Overseas Deals 15 years, 2 months ago
All looking good for us now. Barring any problems with bank here we will be owners of 3 houses in Kansas City Missouri.
All rehabbed and ready to be leased (1 is already under section 8 lease, the other 2 are vacant i believe).
Exciting times. If all goes well will look at another 3 in about 12 mths timeRickH replied to the topic My USA Property in the forum Overseas Deals 15 years, 2 months ago
Hi MJ,I went to the link you had up and had to laugh. I saw a familiar property advertised. It is one I put a deposit on through My USA Property last week. IF 2 companies are promoting it it must be goos huh ??
RickH replied to the topic My USA Property in the forum Overseas Deals 15 years, 2 months ago
Hi MP,The person I am dealing with is Tony. His email is tony@myusaproperty.com.auI am sure he knows who would look after that side of things within their company.Also you have knowledge of Kansas City MO. Like to know your thoughts on the area in general.Thanks
RickH replied to the topic My USA Property in the forum Overseas Deals 15 years, 2 months ago
Update:We spoke with the independant accounts last night. It was good to hear about the different ownership structures and methods of personel asset protection. If not borrowing at all in Australia (Cash deposit) then the general idea was Pty/Ltd Company and family trust (depending on income souces 1 or 2 wages kids ect) or if using equity from Oz…[Read more]
RickH replied to the topic My USA Property in the forum Overseas Deals 15 years, 2 months ago
Hi Elisa,
Totally sight unseen. We have done this before with Australian property. Done the background work on the area and then moved in it.
The area recommedned to us was Kansas City MO. From information i have read it is a stable city which historically hasnt had huge rises or falls in capital values. Currently low rates of rental vacancies.…[Read more]RickH replied to the topic My USA Property in the forum Overseas Deals 15 years, 3 months ago
Hi All,New to this forum, but my wife and I are currently going through the process of purchasing 3 properties through Tony and My USA Property. So far it seems a good process. Moves along quickly and they use some outsourced companies that I know and trust which instills more confidence.The properties we have deposits on are in Kansas City M with…[Read more]



