PropertyInvesting.com | Texas Cash Cow Investments Australia | Activity https://www.propertyinvesting.com/members/texas-cash-cow-investments-australia/activity/ Activity feed for Texas Cash Cow Investments Australia. Wed, 15 Apr 2026 01:23:42 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 79ef56a0fd6794e8abf68b847db6141f Texas Cash Cow Investments Australia replied to the topic December home sales prices rise 26% in metro Detroit - USA Investment Property News in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408598-december-home-sales-prices-rise-26-in-metro-detroit-usa-investment-property-news/#post-4685417 Mon, 25 Feb 2013 22:50:45 +0000 Jay,

Welcome back buddy. We have been missing you !! Your right. The markets have changed. Dallas is much like others where the hedge funds have moved into town making it hard for the individual investor to get a look in. Prices have risen and it's hard to compete against the billions of dollars that hedge funds have. Pretty well all our…[Read more]

]]> 725961086df6e8f8241b0b2a60177696 Texas Cash Cow Investments Australia replied to the topic EIN, ITIN Forms in the forum King-co, https://www.propertyinvesting.com/topic/4402874-ein-itin-forms/page/2/#post-4642549 Thu, 07 Feb 2013 00:23:11 +0000 King-co,

As a foreign national you cannot get a SSN….these are for US citizens unless you have a classification that allows you to work in the US on a valid visa. Foreign Nationals that invest in real estate need an ITIN

]]> 6aec8cbf6175c451cb9bec40b7587fa3 Texas Cash Cow Investments Australia replied to the topic Finance for US Property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408539-finance-for-us-property/#post-4684847 Thu, 24 Jan 2013 09:26:21 +0000 Hi sonic81,

For single family homes you will find it very hard as a foreign national to get anything but private finance usually having terms from 50% down and rates at 8.25%.

As far as I know we are the only company that has access to a bank in Dallas that gives finance to foreign nationals. 30% down with a rate of 5.75% over 15 or 20 years.…[Read more]

]]> 0a11f380ac3684584ae470f9a0100bc7 Texas Cash Cow Investments Australia replied to the topic US tax return help -Aussie with US property investment in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408110-us-tax-return-help-aussie-with-us-property-investment/#post-4681074 Fri, 16 Nov 2012 23:03:12 +0000 ivanc,

I can also back up Nigel's referral to Donna Shaw who is based in Melbourne. Not sure exactly where your from but you might also find this list useful

http://photos.state.gov/libraries/australia/5/tax/TaxConsultants.pdf

]]> 44b9ddb20be26eec5c5e60d060239abe Texas Cash Cow Investments Australia replied to the topic Bakken oil formation in the forum Overseas Deals https://www.propertyinvesting.com/topic/4408073-bakken-oil-formation/#post-4680816 Tue, 13 Nov 2012 00:28:51 +0000 The real problem I see is that you don't have title to a motel room under US laws so exactly what is it your buying into ? Look the return if it is true sounds good but what about an exit strategy ? As the old saying goes…the higher the returns the higher the risk

]]> 96c70abf32f607d624e85c1909f4aeee Texas Cash Cow Investments Australia replied to the topic Purchasing in USA using SMSF in the forum Overseas Deals https://www.propertyinvesting.com/topic/4402212-purchasing-in-usa-using-smsf/#post-4638243 Thu, 25 Oct 2012 21:59:02 +0000 gazz,

I have a couple of sources for setting up bank accounts and no it's not a myth….it can be done. One bank will only open LLC accounts and not personal accounts and another bank does both a LLC & personal accounts but they both need to be established at the same time (i.e. won't open up just in personal name without opening one for LLC as…[Read more]

]]> 22610f11cfe65342cebe55f29ed2e22c Texas Cash Cow Investments Australia replied to the topic Cheeves that bet you talked about on Baltimore winning the series is looking promising:) in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407860-cheeves-that-bet-you-talked-about-on-baltimore-winning-the-series-is-looking-promising/#post-4679195 Thu, 18 Oct 2012 23:35:30 +0000 Looks to me like a Tigers & Cardinals World Series !!

]]> 9d17395d1f6159ed265d51e513ed4574 Texas Cash Cow Investments Australia replied to the topic Purchasing in USA using SMSF in the forum Overseas Deals https://www.propertyinvesting.com/topic/4402212-purchasing-in-usa-using-smsf/#post-4638240 Thu, 18 Oct 2012 23:01:53 +0000 Hi Richard,

We'd all love it if you can expand a little on this topic of a SMSF borrowing oversea's to purchase oversea's property…..not necessarily US property as I know you work for buyers of UK property as well don't you ?

Seems there are two trains of thought & it depends who you speak to as to what answer you get.

]]> 39d32862bcd6d455f8fc1c70d69c2b5c Texas Cash Cow Investments Australia 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-4678418 Thu, 04 Oct 2012 22:41:38 +0000 Jay,

Agree 100%. It's all about what expectations they have been sold from the beginning. Investors do need to appreciate that there are some major difference between property management in the US & Australia. It is unrealistic and naive of these investors you mentioned to expect otherwise.
My guess is that they know they have been sold a lemon…[Read more]

]]> c6db220fe47a5556772747ee6595a2cf Texas Cash Cow Investments Australia replied to the topic good signs of recovery read article below... in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407634-good-signs-of-recovery-read-article-below/#post-4677474 Mon, 24 Sep 2012 06:15:50 +0000 jayhinrichs wrote:

PS this forum has gotten pretty dull here last 2 weeks other than my two articles I don't think there has been anything new posted in a month or so… Save how to set up a bank account. Which is important yet not really riviting stuff. :)

Agree Jay….the forum has been looking pretty dull of late. What can we do to rev it…

]]> 8a93e04e5a6b19b5fe024072ec3bd307 Texas Cash Cow Investments Australia replied to the topic Overseas property depreciation rules in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407560-overseas-property-depreciation-rules/#post-4677042 Tue, 18 Sep 2012 22:30:36 +0000 Adropro

I have had this discussion with BMT. They will prepare a Depreciation Schedule for US property. They just need as much information about the improvements to the property as possible and dates etc. Cost I recall was in the vicinity of $500

]]> abac3acdc8ae50e12136b302037bfda5 Texas Cash Cow Investments Australia replied to the topic US Invest in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407254-us-invest-2/#post-4674601 Mon, 27 Aug 2012 03:16:22 +0000 Thanks speedy gonzales (Byron),

Your spot on. All of our homes are sold at or below a normal market value and we can show anyone interested plenty of comparable sales (not sold by TCCI) to back up the prices asked. We are not a fly by night company and have operated for over 12 years and pride ourselves on our honesty and intregrity.
I have many…[Read more]

]]> 7ae5928307b0eb6eb49147cfbe3d0acf Texas Cash Cow Investments Australia replied to the topic US Invest in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407254-us-invest-2/#post-4674594 Fri, 10 Aug 2012 02:03:06 +0000 Hi Joel,

Very observant of you smiley!!

Yes you are correct. These are Texas Cash Cow homes that we own and have been refurbished by us.

]]> 5d8812d892e6f0910feeab923ba8f046 Texas Cash Cow Investments Australia replied to the topic How to get the skinny on a property? Online research tools? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407318-how-to-get-the-skinny-on-a-property-online-research-tools/#post-4675105 Fri, 10 Aug 2012 01:56:08 +0000 Hi Jamie,

Referring to the USA. Zillow & Trulia are sites that offer computer modelled estimates of values of homes. Sort of like a realestate.com.au on steroids !!. They also include homes for sale or for lease.
Zillow provides what is called a "zestimate" of value. They don't offer a high degree of accuracy but do provide useful information…[Read more]

]]> 16ec23a106e46403bbdbc9aa2957aa88 Texas Cash Cow Investments Australia replied to the topic USA - Where to buy? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403705-usa-where-to-buy/page/9/#post-4648342 Tue, 07 Aug 2012 00:44:11 +0000 Obviously that hardest thing to do on forums such as this is to be as constructive as possible without being seen as being critical or negative. I'll do my best……

Jeff let me first of all congratulate you for admitting your a "middleman". Your a link in the chain that  perhaps isn't necessary but you see yourself as a conduit between the…[Read more]

]]> e8fcc7c5a8345f6223de9127f66c6d87 Texas Cash Cow Investments Australia replied to the topic The greedy HOA.... please read in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407234-the-greedy-hoa-please-read/#post-4674462 Thu, 26 Jul 2012 02:39:40 +0000 labrador,Sorry to hear of your situation with the HOA. What was the HOA annual fee of $600 covering ?How were you getting the invoices from the HOA for the fee's you were paying ($50 a week)

]]> 06e9660f9721587a2aa8818e71f77ecc Texas Cash Cow Investments Australia replied to the topic Thinking about 2nd US Property purchase... in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407235-thinking-about-2nd-us-property-purchase/#post-4674465 Thu, 26 Jul 2012 02:34:11 +0000 Hi MillaLou,Welcome to the forum. I am sure if you search the forum you will find plenty to hear about users of MyUSAProperty. Plus they of course featured on the ABC's 7-30 report due to this actual  forums members perseverance.It would help if you posted some actual figures so you can get some informed opinions from forum members & experts.…[Read more]

]]> e05566c74e0b4664638195b9ffda719b Texas Cash Cow Investments Australia replied to the topic Confused Australian property investor trying to sell a house in the USA in the forum Overseas Deals https://www.propertyinvesting.com/topic/4405943-confused-australian-property-investor-trying-to-sell-a-house-in-the-usa/page/3/#post-4664317 Thu, 26 Jul 2012 02:22:33 +0000 labradorinlove wrote:
To put an end to the story I sold all 3 properties at a profit of $50,000. However then you have to minus the $20,000 that the con artist tradesman stole which brings the profit down to $30,000. At the end of the day I came out on top but there is still a con man walking around continuing to rip people off on an ongoing…[Read more]

]]> 3bc6e0e7fb31a8d29484457402885198 Texas Cash Cow Investments Australia replied to the topic Confused Australian property investor trying to sell a house in the USA in the forum Overseas Deals https://www.propertyinvesting.com/topic/4405943-confused-australian-property-investor-trying-to-sell-a-house-in-the-usa/page/3/#post-4664316 Thu, 26 Jul 2012 02:18:46 +0000 ben1990 wrote:
Thanks for that mate! I will certainly have a look through and soak in as much info as I can. Last thing I want is to go ahead and spend a lot of money building a foreign portfolio and for it to turn to nothing faster than I can blink. Is there other countries that are worth while looking into?

You would need a couple of bottles…[Read more]

]]> a4dc9eac9b46342dc0ad293878849ac5 Texas Cash Cow Investments Australia replied to the topic Pro Forma VS. Reality affecting International Investors in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407139-pro-forma-vs-reality-affecting-international-investors/#post-4673901 Mon, 23 Jul 2012 00:13:40 +0000 Tony,It really all comes down to your own personal level of risk tolerance and understanding of what's on offer. Something that we don't appreciate in Australia is that the buying and selling of notes in the US is just as big as the buying and selling of real estate. As you say…we are brought up on bricks and mortar. Just as big a factor to…[Read more]

]]> 86e677c171cce0a3d96028d9a63ca9f7 Texas Cash Cow Investments Australia replied to the topic Using personal loans to acquire 4th rental property in Atlanta GA in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407189-using-personal-loans-to-acquire-4th-rental-property-in-atlanta-ga/#post-4674165 Sun, 22 Jul 2012 23:41:10 +0000 DHCPFor the purposes of clarification (see WI's comments above) it seems you have 2 homes in Atlanta owned by your SMSF and 1 in Atlanta presently owned by yourself so a total of 3….. right ??I guess you will get all the usual comments about being a risky strategy to borrow that amount of money to buy a home in the US and nobody knows your…[Read more]

]]> ee505af56c4997110e6f74b55f3fb04c Texas Cash Cow Investments Australia replied to the topic Confused Australian property investor trying to sell a house in the USA in the forum ben1990 wrote: I have https://www.propertyinvesting.com/topic/4405943-confused-australian-property-investor-trying-to-sell-a-house-in-the-usa/page/3/#post-4664311 Sun, 22 Jul 2012 23:14:08 +0000 ben1990 wrote:
I have previously looked into investing in the US, I had got in contact with some company that catered to Australians looking into investing in the US.. I ended up getting the impression it seemed like a dodgy scam. I forgot the idea since until I just found this topic. Is there many worthwhile areas in the states to really buy?…[Read more]

]]> 203279407afe50f0ba35d6fdd842dd31 Texas Cash Cow Investments Australia replied to the topic Best way to purchase a US House with finance in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407051-best-way-to-purchase-a-us-house-with-finance/#post-4673192 Mon, 09 Jul 2012 01:38:48 +0000 I second exactly what Jay has mentioned. I don't know of anyone has has finance like what we have to offer our clients….we are one of the rare ones who has access to genuine bank finance for foreign national buyers. Again to mirror what Jay has said….they are not interested in the sub $50K loan amount market. With a 30% down payment required…[Read more]

]]> c311698ecfd7a44a3868430e5466fc2c Texas Cash Cow Investments Australia replied to the topic Texas Market in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406728-texas-market-2/#post-4670979 Sun, 17 Jun 2012 23:10:31 +0000 Looks like Texas is leading the way with new home construction as well…http://www.theatlanticcities.com/housing/2012/06/texas-housing-juggernaut/2288/#

]]> 57f865676052d4119225486704289126 Texas Cash Cow Investments Australia replied to the topic USA yield or capital growth in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406788-usa-yield-or-capital-growth/#post-4671372 Wed, 13 Jun 2012 23:50:59 +0000 Alex,Thought you might be interested in this link….http://blogs.wsj.com/developments/2012/06/12/builder-branches-out-sets-course-for-charlotte/

]]> e2b2feb818dbd7428893ac8804d6cc3a Texas Cash Cow Investments Australia replied to the topic Texas Market in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406728-texas-market-2/#post-4670978 Wed, 13 Jun 2012 23:49:29 +0000 This video is also a good link for anybody wanting to know a bit more about Texas.http://www.youtube.com/watch?v=KmqKic5Y8DI&feature=player_embedded

]]> a4d63c307254834654f2569d4fe8ae24 Texas Cash Cow Investments Australia replied to the topic Texas Market in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406728-texas-market-2/#post-4670976 Fri, 08 Jun 2012 01:53:56 +0000 According to the 2011 National Association of Realtors Profile of International Home Buying Report….Florida (31%), California (12%), Texas (9%) & Arizona (6%) account for 58% of all foreign national buyer transactions. I'll accept it's not the cheapest market but it is certainly being found attractive by foreign national buyers due to the many…[Read more]

]]> 81a06a179d0cd10144fe7ad583b324c5 Texas Cash Cow Investments Australia replied to the topic Fly and Buy Tours to the USA Looking for Opinions ? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406611-fly-and-buy-tours-to-the-usa-looking-for-opinions/page/2/#post-4669952 Tue, 05 Jun 2012 02:03:49 +0000 Emma,Texas…pro tenant ?? No you have it wrong. Texas is very pro landlord. One of my places….just went through an eviction process and he & his contents were out in the street in 21 days straight. In Texas, there is no defense for non-payment of rent. Rent is due on the 1st of the month….it's officially late by the 3rd. On the 3rd day a…[Read more]

]]> cf542629c8ffc81a866d64b886c08c2b Texas Cash Cow Investments Australia replied to the topic Fly and Buy Tours to the USA Looking for Opinions ? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406611-fly-and-buy-tours-to-the-usa-looking-for-opinions/page/2/#post-4669950 Tue, 05 Jun 2012 00:44:39 +0000 Alex,You wouldn't believe it…..I am actually listening to a webinar you did with Kevin right now !! One you did with RWN. It's educating me on your market. Sounds like you have a good thing going on there. I'd love to drop by and visit you when I am over next but will avoid November.Yeah there is lots of good stuff happening in the state of…[Read more]

]]> 3826309cbf22fae22cf5bba451628d54 Texas Cash Cow Investments Australia replied to the topic Fly and Buy Tours to the USA Looking for Opinions ? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406611-fly-and-buy-tours-to-the-usa-looking-for-opinions/page/2/#post-4669946 Mon, 04 Jun 2012 23:21:06 +0000 emma171 wrote:
NO NO NO NO NO NO NOguys, SERIOUSLY? I love you guys… Don't do this to me….every investor is different – we all have different needs, we all have different goals. I was with someone yesterday who asked me "why on earth would you go for yield????" I had to point out that I live totally off passive income, someone retiring might…[Read more]

]]> 5932c4aea6879848ea3902fffdbfabe9 Texas Cash Cow Investments Australia replied to the topic self managing in the USA in the forum quickchick wrote: Thanks for https://www.propertyinvesting.com/topic/4406529-self-managing-in-the-usa/page/4/#post-4669368 Thu, 10 May 2012 05:23:32 +0000 quickchick wrote:
Thanks for the clarification of notary at point of law, lawsjs. Complex! True, you don't need a #SSN to open a US bank account. But post what we Aussies called the GFC, I don't know if any Aussie investor has borrowed from a US bank without a #SSN. So as a pre-GFC known borrower, you personally are still able to borrow in US…[Read more]

]]> bf647b27c1bd68d44fcebc85c25d131b Texas Cash Cow Investments Australia replied to the topic Andrew Allan and My USA Property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406465-andrew-allan-and-my-usa-property/#post-4668608 Sun, 29 Apr 2012 23:16:33 +0000 Gavin,Well done for speaking out. I hope this serves as a training tool for people contemplating investing in the US real estate market. Looking forward to hearing the whole story from you. You have the support of many on this forum believe me.

]]> cd04c61442fdc09533517bd717556dc8 Texas Cash Cow Investments Australia 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-4668073 Thu, 26 Apr 2012 01:11:44 +0000 He lists himself as a Financial Planner and an Accountant. You would think that the Financial Planners Association or Chartered Accountants Association would think he doesn't act in the best interests of his clients and withdraw his membership ? <moderator: delete personal comment>I know the ACCC tend to be toothless tigers but couldn't these guys…[Read more]

]]> 91b3af83e206f6e8d6a843aa3dadb3a5 Texas Cash Cow Investments Australia 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/2/#post-4668067 Wed, 25 Apr 2012 22:58:36 +0000 kylermrice wrote:
http://www.uspropertyinvest.com.au/anybody heard of this site?

Kyler,STAY CLEAR of them is all that I will say. These guys were part of the break up remnants of the company MyUSAProperty featured on the story. I'll say no more !!

]]> 7549610293f313076039e5d422552618 Texas Cash Cow Investments Australia 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/2/#post-4668059 Wed, 25 Apr 2012 00:23:56 +0000 Spot on Nigel. You hit the nail right on the head. If all of the people buying property treated this as making a proper investment decision they wouldn’t lose their hard earned dollars. Don’t be sold purely on the numbers. You need to jump on a plane and go and have a look at the city your planning to invest in and meet the people who are selling…[Read more]

]]> 9bfa004423b4f7ca14685fd5362e2566 Texas Cash Cow Investments Australia replied to the topic Hello from a new forum member in the forum The interesting part is that https://www.propertyinvesting.com/topic/4406303-hello-from-a-new-forum-member/page/2/#post-4667425 Sat, 14 Apr 2012 00:44:27 +0000 The interesting part is that the woman’s father….the one that shot Mr McNicol…he had recently won a million dollars so the McNicol family is taking civil action against him as well.
I agree with Kyler….wouldn’t touch Detroit as a foreign investor….best left to the locals to play in

]]> d49d2512eba50ab18e25585456bafc3f Texas Cash Cow Investments Australia replied to the topic Hello from a new forum member in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406303-hello-from-a-new-forum-member/#post-4667412 Fri, 13 Apr 2012 00:25:16 +0000 Welcome aboard Steve,Make sure you drop by Dallas and come visit our office. We have a busy month ahead with lots of out of town investors flying in competing with the local investors. You mentioned your interested in foreign national financing…well we have that in place already with one of the local Texas commercial banks. Rates is 5.75% with a…[Read more]

]]> bc745c7297e72cf46cbecd9688aa6870 Texas Cash Cow Investments Australia replied to the topic Housing Crisis to End in 2012 as Banks Loosen Credit Standards in the forum Since we are speaking of https://www.propertyinvesting.com/topic/4406239-housing-crisis-to-end-in-2012-as-banks-loosen-credit-standards/page/2/#post-4666779 Tue, 10 Apr 2012 03:14:07 +0000 Since we are speaking of economists….The First Law of Economics…the only thing more dangerous then an economist is an amateur economist.The Second Law of Economics…..the only thing more dangerous then an amateur economist is a professional economist.Remember…amateurs built the Arc….Professionals built the Titanic !!

]]> 8e12626b3155906b399ca39439af4aa3 Texas Cash Cow Investments Australia 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/#post-4666233 Wed, 04 Apr 2012 23:20:58 +0000 Kim,You will find some groups will offer to arrange a bank account for you in the USA (for a fee or for paying members only)……9 times out of 10 it's Wells Fargo. Still haven't been able to ascertain why or how they do it….all about contacts they have I assume. Under the Patriot Act it is against the law to do what they do. Some I know have…[Read more]

]]> 89ba167685dfb55d1eb32ce99edb64e6 Texas Cash Cow Investments Australia replied to the topic Housing Crisis to End in 2012 as Banks Loosen Credit Standards in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406239-housing-crisis-to-end-in-2012-as-banks-loosen-credit-standards/#post-4666759 Wed, 04 Apr 2012 02:09:22 +0000 Hey Worldy,Most definitely 100% full income verification loans. Tax returns for last 2 years, payslips, evidence of deposit etc etc. No major hoops to jump and most of my clients get a pre-approval in place within a week before we let them go to contract on a property. To be honest the most technical part is after approval and getting the Deed of…[Read more]

]]> 7c78afd428aef3185b2b26ba8b037210 Texas Cash Cow Investments Australia replied to the topic Housing Crisis to End in 2012 as Banks Loosen Credit Standards in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406239-housing-crisis-to-end-in-2012-as-banks-loosen-credit-standards/#post-4666757 Wed, 04 Apr 2012 01:51:04 +0000 I would have to agree with this article. After many many months of due diligence on our company and the inventory that we supply to our clients we were able to get a local commercial bank in Dallas to lend to our foreign national clients. It was not an overnight process and took plenty of face to face meetings with senior bank executives and…[Read more]

]]> 452d6bdea86d4b37dcc7b5450210580e Texas Cash Cow Investments Australia 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/#post-4666226 Mon, 26 Mar 2012 22:51:43 +0000 Sab,Are you planning on visiting the USA to open the bank accounts ? If not you will find it hard to get one opened from Australia. From experiences that my clients have suffered during the process…I would say Wells Fargo would be one to stay clear from.

]]> 4a63e375ab5ff5f52ffe4559e59a5db4 Texas Cash Cow Investments Australia replied to the topic Another Newie question on LLCs in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406185-another-newie-question-on-llcs/#post-4666306 Mon, 26 Mar 2012 22:44:54 +0000 Hi Sab,Your probably going to get a few opinions flowing on where & why but I'll start with my opinion. One of the features of incorporating or forming an LLC is that you do not necessarily have to form the company in the State where you do business (in your case this means buying property). When deciding on which State to incorporate in, there…[Read more]

]]> 12ff6f4d9b6ecbcc75985d1c385d4b31 Texas Cash Cow Investments Australia replied to the topic Where to spend 100,000 USD? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406114-where-to-spend-100000-usd/#post-4665745 Tue, 20 Mar 2012 23:56:15 +0000 If it were me…I would leverage the $100K into 3 good quality A grade homes in better neighborhoods. Better quality area's & homes will attract a better quality tenant and if/when US homebuyers start buying their own homes again these will be the area's where you will see the demand. There is merit with worldinvestors comments about not spreading…[Read more]

]]> 9ef94b59e6c9a684f4419840f432a59a Texas Cash Cow Investments Australia replied to the topic Anyone investing in Florida at the moment? Going next week to look for properties. in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406093-anyone-investing-in-florida-at-the-moment-going-next-week-to-look-for-properties/#post-4665549 Tue, 20 Mar 2012 23:37:44 +0000 Hi Richard,For the benefit of any forum readers who may not understand some of the lingo….I think it's important for you explain to them the difference between qualifying for a "second home" loan versus an investment loan. Quite a difference.I agree with Lawsj…..quite a few banks will entertain the second home loans for foreign nationals but…[Read more]

]]> 71b8cf4362b658c6c4b767db25d0376c Texas Cash Cow Investments Australia replied to the topic US Invest Good Company Or Bad? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406020-us-invest-good-company-or-bad/page/2/#post-4665079 Thu, 08 Mar 2012 05:42:07 +0000 Luke B wrote:

worldinvestor wrote:
Seriously,  how could you possibly make an informed decision on whether this group is sourcing suitable properties when you have no information.  A couple of street names and viewing zillow is just not going to cut it.  Would you use the same criteria to purchase property in Australia?Also, zillow has som…[Read more]

]]> 038b1e15545ee6b690aec317c7903b68 Texas Cash Cow Investments Australia replied to the topic US Invest Good Company Or Bad? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406020-us-invest-good-company-or-bad/page/2/#post-4665078 Thu, 08 Mar 2012 05:32:25 +0000 lawsjs wrote:
These guys, it must be remembered, can read like a who's who of banned company directors in their home countries. These guys are the type who would have moved from roofing insulation to school halls, solar panels and then had the brains to discover real estate in dodgy US cities.

You forgot to mention previous roles in selling two…[Read more]

]]> b7310d571b3da79f137d8ebf6db81dc8 Texas Cash Cow Investments Australia replied to the topic US Invest Good Company Or Bad? in the forum lawsjs No disputing what you https://www.propertyinvesting.com/topic/4406020-us-invest-good-company-or-bad/#post-4665059 Wed, 07 Mar 2012 07:40:31 +0000 lawsjsNo disputing what you say…I have seen companies offer finance exactly along the same terms you mentioned….nice little earner for them on top of what they make from the property.I just wanted to add however that there are some genuine finance offers available for foreign nationals….albeit rare. We have finance from a local commercial…[Read more]

]]> 6568fd06d41de871fa8d723f6e2b9a30 Texas Cash Cow Investments Australia replied to the topic Why I loathe Phoenix. I paid a tradesman $20,000 for repairs and renovations and he never did the work. in the forum Help Needed! https://www.propertyinvesting.com/topic/4406022-why-i-loathe-phoenix-i-paid-a-tradesman-20000-for-repairs-and-renovations-and-he-never-did-the-work/#post-4665124 Mon, 05 Mar 2012 23:39:10 +0000 labradorinloveI have to tell you it doesn't sound like a good situation you find yourself in. I have a good friend who lives in Phoenix. He is a real estate agent, knows finance and is an investor himself and knows plenty of good attorneys. This guy is taking you for a ride for sure. If you send me an email I will pass on my friends contact…[Read more]

]]> a381e3f2e4e57f1a3076a21a22ee5802 Texas Cash Cow Investments Australia replied to the topic Atlanta or Houston or ........??? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4405608-atlanta-or-houston-or/page/2/#post-4661865 Wed, 29 Feb 2012 04:44:11 +0000 Just to get the original topic back on track…….Atlanta or Houston ??Only two U.S. metro areas have had increases in home values since the peak of the housing market in 2007, and they're both in Texas: Houston and San Antonio. According to Oxford, Miss.-based FNC Inc., Houston reported a 4.8 percent rise in home values, while San Antonio…[Read more]

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