PropertyInvesting.com | worldinvestor | Activity https://www.propertyinvesting.com/members/worldinvestor/activity/ Activity feed for worldinvestor. Wed, 15 Apr 2026 04:37:30 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 462ea1166a0f40845fe9679d8a260719 worldinvestor replied to the topic Hot Spots in Western Australia, Perth in the forum General Property https://www.propertyinvesting.com/topic/4406462-hot-spots-in-western-australia-perth/page/2/#post-4989163 Tue, 22 Apr 2014 01:49:07 +0000 Benny
The Perth market has been moving over the last 2 years, there has already been substantial growth, in particular development sites.

What may be worth looking at are areas that are currently earmarked for rezoning ie Girrawheen, Koondoola, Beechboro, there is lots of competition for these as once zoning comes through then you can add value.…[Read more]

]]> 905cb6222166d1c7e6659ee2d6c78ceb worldinvestor 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/page/3/#post-4914675 Mon, 14 Apr 2014 05:02:09 +0000 Engelo, Yes, I am sure many others are feeling the pain of dealing with IRS etc. never mind, worth it at the end:)

]]> 9364d0d9f06341cb5c2e2ae2e2011069 worldinvestor 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/page/3/#post-4914659 Mon, 14 Apr 2014 05:00:33 +0000 Hi Nigel
If you believe you have to do bigger projects then you are not actually looking. I have 3 projects on the go and would not touch them if there was not a minimum of 25% profit. Of course you are competing with other investors this will always be the case and builders have larger margins. I know several investors doing small projects in…[Read more]

]]> fba453c874c05662e0430441921a7301 worldinvestor replied to the topic Investing in Perth 2014 in the forum General Property https://www.propertyinvesting.com/topic/4410262-investing-in-perth-2014/#post-4887525 Sat, 12 Apr 2014 21:54:39 +0000 Porsha
Some lower entry level areas you may want to consider are:  Girrawheen, Koondoola and Beechboro, these areas have all had significant growth over the last 2 years, however due to proximity to city and rezoning on the agenda they are hotly contested, I think you could source something around $425-450K, renting for $400 pw. Where can you…[Read more]

]]> 504192e909c132a5d8e0bbda08a4c283 worldinvestor replied to the topic Investing in Perth 2014 in the forum General Property https://www.propertyinvesting.com/topic/4410262-investing-in-perth-2014/#post-4887455 Sat, 12 Apr 2014 21:49:59 +0000 Many areas are not stacking up in Perth at the moment because development sites have been so hot pushing prices north and the end product has not moved as fast. I am currently developing in Perth metro, 3 unit site and calving up a corner block to build 2 houses. However, I purchased over 12 months ago but can not now buy in these areas for…[Read more]

]]> 78e3a5ce2c5fe8269a33a3265caf223a worldinvestor 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/page/3/#post-4887135 Sat, 12 Apr 2014 21:33:27 +0000 Nigel
The time to buy development sites was 2 years ago, this is what I have been doing in Perth, not shaky at all, its a numbers game as long as it stacks up then I buy. The market in general has been rising and very strong in Perth, however I believe it is now starting to slow down. Sydney seems to still have some steam.
I am also developing…[Read more]

]]> 4edf95aed74b53dd3c0d9c2d39a88ce4 worldinvestor replied to the topic Positive Cashflow - Where to Start?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4410925-positive-cashflow-where-to-start/#post-4798253 Thu, 10 Apr 2014 22:39:49 +0000 Hi hifo
Just keep researching and I would also look at the somersoft forum and where people are investing. In this part of the cycle I would be staying away from any mining towns regardless of the cash flow.
Sydney and Perth market started rising 2 years ago so I would probably be looking at markets which are started to rise, many are finding…[Read more]

]]> 666dc41ab952244e71f102265295db75 worldinvestor 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/page/2/#post-4796338 Thu, 10 Apr 2014 22:01:51 +0000 Hi All
I started investing in Atlanta over 2 years ago, but I stopped buying when I could no longer achieve 20% gross yields, at that time I realised as a landlord it was not going to be fun, lots of slippage for example higher maintenance tenants, property management fees higher and other associated risks.
I believe that various property markets…[Read more]

]]> fc79241440c90f675a84d1f83002fcbe worldinvestor replied to the topic Beginner requiring advice on overseas (USA, Atlanta) rental income. in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407803-beginner-requiring-advice-on-overseas-usa-atlanta-rental-income/#post-4678855 Thu, 11 Oct 2012 07:59:34 +0000 HI jsnarr100

So what neighborhoods are completely investor owned?

It would be great to share this information.

Cheers, MTR

]]> a19cb93ec0123f30c5516c602291a01d worldinvestor replied to the topic The only way to achieve success is to have a strong self esteem in the forum Hi Nigel https://www.propertyinvesting.com/topic/4407792-the-only-way-to-achieve-success-is-to-have-a-strong-self-esteem/#post-4678776 Sun, 07 Oct 2012 04:15:54 +0000 Hi Nigel
I agree his will go a long way, but without a plan/goal, courage and action you will achieve very little.

Kong
thanks for the link.

Cheers WI

]]> 4e84f35cf5d77bf2583580be7d7ce0a2 worldinvestor replied to the topic Calling All Atlanta experts in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407727-calling-all-atlanta-experts/#post-4678280 Wed, 03 Oct 2012 04:52:32 +0000 Hi SG
My properties averaged around $12-15K this would include painting, HVAC units and carpets (all the itmns you mentioned).

Cheers WI

]]> 52a49bfc3e373cd3eb06c2f8ce6009d1 worldinvestor replied to the topic Calling All Atlanta experts in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407727-calling-all-atlanta-experts/#post-4678276 Tue, 02 Oct 2012 23:45:40 +0000 The multifamily deals you mentioned are cheap for a reason, these types of properties need to be run as a business, also if it is in the inner city areaas then most likely in areas that should be avoided at all costs. The cashflow will be negative and you wont be able to give it away.

WI

]]> 812da891ba0fab5c23ea13336048bdee worldinvestor replied to the topic Calling All Atlanta experts in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407727-calling-all-atlanta-experts/#post-4678275 Tue, 02 Oct 2012 23:40:37 +0000 Hi mgdavis
I think you should search this buyers agent/company you posted, as you may want to reconsider purchasing from this group.  You will find you are paying too much for properties and do not touch their finance.

WI

]]> 1207634d9180a6c6fcb0715603848ef3 worldinvestor 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-4678412 Mon, 01 Oct 2012 23:59:52 +0000 No surprises here, I imagine there are many o/seas investors who will go through many property managers only to find that they are chasing their tail.

We say cheque, you say check, similar to property management, its like chalk and cheese.

WI

]]> 43afa9a01266b3ccd9bb8a80333abe13 worldinvestor replied to the topic Calling All Atlanta experts in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407727-calling-all-atlanta-experts/#post-4678271 Mon, 01 Oct 2012 12:40:54 +0000 Hi Jay
Your build is always lower than what I have researched, so why $55 per sqm, how did you get this figure??? and how much is the lot,  Why is it that I always come up with around $70-90 per sq ft, what about inflation.

WI

]]> 4d300dc9d93b47ab7690df3afe157bf2 worldinvestor replied to the topic Calling All Atlanta experts in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407727-calling-all-atlanta-experts/#post-4678267 Thu, 27 Sep 2012 11:19:55 +0000 Hi Speedy

$50 per sq ft is too high, no more than $30 I would also say.

Don't know Temple.

I think try to buy no older than 10 years and anything over 2000 sq ft would be great, I like my properties to return at least $1000 pm.

I don't know if it is too late, depends on your criteria. For me it is too late as I will only buy properties with…[Read more]

]]> e508bef2f6e7a56a885ca34482e64a42 worldinvestor replied to the topic Overseas deals topic has gone dead anyone got anything provocative to talk about save how to set up a checking account :) in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407709-overseas-deals-topic-has-gone-dead-anyone-got-anything-provocative-to-talk-about-save-how-to-set-up-a-checking-account/#post-4678063 Wed, 26 Sep 2012 23:51:23 +0000 You did very well Jay.

Stir the pot a bit.

I am very curious as to what class Steve McK is buying for the management fund he has set up…. does anyone know?

If he is buying C and D this would certainly be a worry as you mentioned. Steve has I believe a partner in US who has I think 600 of these something like that….??

WI

]]> 0b2829cb0dd185f60f760acb18a3cc96 worldinvestor replied to the topic investing 300,000 cash in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407718-investing-300000-cash/#post-4678161 Wed, 26 Sep 2012 23:42:28 +0000 Hi Cheeves

With regards to Atlanta  –  3 turnovers in a year, that would absolutely be a killer. 

I am curious, how would you describe  a 2 class B property?   

Those 6-8% yields I believe are just not attractive for foreign investors, coz we can not LEVERAGE in Australia and our interest rates are now very attractive, if you look hard enough…[Read more]

]]> d63b076d7951a662c99f66c6db76988b worldinvestor replied to the topic Overseas deals topic has gone dead anyone got anything provocative to talk about save how to set up a checking account :) in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407709-overseas-deals-topic-has-gone-dead-anyone-got-anything-provocative-to-talk-about-save-how-to-set-up-a-checking-account/#post-4678060 Wed, 26 Sep 2012 02:51:14 +0000 Why not talk about  buying up trailer parks we don't have these in Australia, seems like there are a couple of gurus that have made a zillion buying these, upgrading and creating huge cashflow.

How much of a risk for the foreign investor, what type of clients does this attract. I am not seeing a pretty picture, but then again I am perhaps…[Read more]

]]> 792ea4b97bc4abc02ff688a455f7c063 worldinvestor 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-4677472 Thu, 20 Sep 2012 23:50:57 +0000 Jay
that is a concern though, if these funds throw properties back on the market in a couple of years, will this flood the market again and we will actually see a drop in property prices??

When do you think prices will level off.

Shame, RJ sold his properties from what I saw they certainly looked very nice.

Cheers WI

]]> b89a3a4e4e3806eabca9976453b6de82 worldinvestor 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-4677470 Thu, 20 Sep 2012 13:27:42 +0000 Hi Jay
that is interesting, when I started investigating the market in Atlanta I contacted RJ about the Atlanta market he was buying up big in Henry County, am sure he has done very well.

Cheers WI

]]> 9c10bf55f491c1b771e220e0abb0b7bc worldinvestor 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-4677468 Thu, 20 Sep 2012 08:07:23 +0000 me too:)

]]> 9048089eb39155a285a626af7fdb1f61 worldinvestor 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-4677466 Thu, 20 Sep 2012 01:37:43 +0000 http://www.buycashflowproperties.com/wp-content/uploads/September-Newsletter-2.pdf

I think this newsletter has some very interesting insights.

Cheers WI

]]> a3521c21a8bf7012cecb39d11a9701dc worldinvestor 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-4677465 Sun, 16 Sep 2012 00:23:45 +0000 Hi Jay
When the Oz market starts to rise working up to a boom it is crazy.
Real estate agents don't return phone calls, multiple offers, infact some investors/buyers will offer over the asking price just to secure a property.

I have been through a couple of property booms now and I can also say that some properties in tightly held areas will not…[Read more]

]]> 5df047f7f5fa63f1cf8226fa5d0dace9 worldinvestor replied to the topic wsj article there goes Atlanta :( in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407627-wsj-article-there-goes-atlanta/#post-4677436 Sat, 15 Sep 2012 05:03:06 +0000 HI Jay
thanks for this interesting article.

In the article they have written rental returns of $1500 per month in Lithonia seems high, I wonder whether this is correct? What sort of property this is? As the highest I have achieved in a good subdivision in Lithonia is $1300 pa, 2500 sq ft home.

Are these companies holding out for the higher…[Read more]

]]> 99682226e236a5fbabe01362870b2fb2 worldinvestor replied to the topic 30 properties before 25, finance??? in the forum Finance https://www.propertyinvesting.com/topic/4404268-30-properties-before-25-finance/page/5/#post-4652614 Wed, 12 Sep 2012 09:26:29 +0000 Shape wrote:

Ossi89 wrote:
Hi, this is my first post on this site (I only joined 30 minutes ago). I am 21 years old, live in Sydney and have just bought my first investment property in Orange, NSW. I keep hearing stories about people under 30 on average incomes who have over 30 investment properties. My property in Orange essentially pays for…[Read more]

]]> 83949767976450fa386e44db70e8b358 worldinvestor replied to the topic Who got sucked into so called 'C' Class properties in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407544-who-got-sucked-into-so-called-c-class-properties/#post-4676937 Wed, 12 Sep 2012 00:17:38 +0000 Jay
I think it is really a matter of desperation, when foreign investors purchase duds and I know a few, they that just want to off load as soon as possible, they don't understand the system, they don't know who to turn to and they know that if they have a tenant in place the company can off load as soon as they send the property out to their data…[Read more]

]]> c6f037273b6e2404d183f70489fb4c19 worldinvestor replied to the topic Who got sucked into so called 'C' Class properties in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407544-who-got-sucked-into-so-called-c-class-properties/#post-4676935 Tue, 11 Sep 2012 01:10:48 +0000 Yep, that's about right.

So I think there will be many of the 'C' class properties off loaded again.

These companies will take back the lemons and on-sell for the client as they just want 'out'   and these companies will continue to take their commission, so I would be very careful if you happen to see some of the lower end or recognise a…[Read more]

]]> 777cc2a4276693d3c7849ef773ffffb6 worldinvestor replied to the topic heading to the States! in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407443-heading-to-the-states/page/3/#post-4676266 Tue, 04 Sep 2012 08:14:50 +0000 "So for me once I can lock in a nice profit and that is coming real quick in Atlanta if not already here I am selling, can;t make a profit without selling… Once new construction starts in Atlanta the used stock will not be nearly as saleable as it is today".

Hi Jay
For those who say Atlanta had no possibility of growth, did  they get it wrong…[Read more]

]]> 3a5505666eac1296c74df9c017a9558c worldinvestor replied to the topic US Invest in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407254-us-invest-2/page/2/#post-4674608 Sun, 02 Sep 2012 06:33:41 +0000 Hi Ryan
I have one question for you/US Invest?

Is this property in the link attached one of US Invest properties that is or has been sold to investors? 

https://www.propertyinvesting.com/forums/overseas-deals/4345831

WI

]]> 437fe1d4f57c4d9d68fd00e9eabf366d worldinvestor replied to the topic heading to the States! in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407443-heading-to-the-states/page/2/#post-4676248 Sat, 01 Sep 2012 08:38:22 +0000 Hi Tash72

Have you purchased property in the US, if so how did you acquire your properties and where have you purchased?

Cheers WI

]]> 7e0766b790f76c7acccb2afa017fcda9 worldinvestor replied to the topic Vacant Property Security - Tired of Break In's ? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407408-vacant-property-security-tired-of-break-ins/#post-4675883 Tue, 28 Aug 2012 01:19:14 +0000 This is Detroit we are talking about…
Insurance is a waste of energy in US, you need it, however only really any good if the house burns down, the excesses on these policies are around $1600-2000.

Trying to minimise your risk can help, but I guess when investing in US it will come down to buying in the right subdivision/State.

I know a couple…[Read more]

]]> 404baef000e704b12b4f902b4814678f worldinvestor replied to the topic US Invest in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407254-us-invest-2/#post-4674599 Sat, 25 Aug 2012 03:18:46 +0000 I think this may be one of their properties……………… buyer beware

https://www.propertyinvesting.com/forums/overseas-deals/4345831

]]> 90f9bf621440f7599910ef2722af1394 worldinvestor replied to the topic Built in robes? in the forum Value Adding https://www.propertyinvesting.com/topic/4407428-built-in-robes/#post-4676013 Wed, 22 Aug 2012 11:21:23 +0000 It will certainly make it easier to rent as most will expect this.

]]> 7ec4622314031c22d6d1b1116b6253eb worldinvestor replied to the topic Is 0-130 properties still possible today? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407383-is-0-130-properties-still-possible-today/page/2/#post-4675670 Wed, 22 Aug 2012 03:54:32 +0000 xdrew
well done, and others who are just working it.

I have been creating cashflow with various strategies:

1. Purchased 8 properties in Atlanta at over 20% gross, this has taken me 12 months to find suitable properties which fit my criteria, unfortunately the market has moved and I can no longer find properties that suit this criteria.…[Read more]

]]> 7ec4622314031c22d6d1b1116b6253eb worldinvestor replied to the topic Is 0-130 properties still possible today? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407383-is-0-130-properties-still-possible-today/page/2/#post-4675669 Wed, 22 Aug 2012 03:54:32 +0000 xdrew
well done, and others who are just working it.

I have been creating cashflow with various strategies:

1. Purchased 8 properties in Atlanta at over 20% gross, this has taken me 12 months to find suitable properties which fit my criteria, unfortunately the market has moved and I can no longer find properties that suit this criteria.…[Read more]

]]> 7bb3f66741982497cd97c4362c635624 worldinvestor replied to the topic Build another one out the back... in the forum Creative Investing https://www.propertyinvesting.com/topic/4407415-build-another-one-out-the-back/#post-4675929 Wed, 22 Aug 2012 02:57:07 +0000 I only build at rear for cashflow though there is most certainly equity in the deal, for example my total cost to build etc at rear today will be approximately $180K and rent will be approximately $420 pw for rear property.

If you find suitable site and repeat this a number of times there is no need to sell therefore building a portfolio which is…[Read more]

]]> 33a43f989f1799a838837e01d612bec4 worldinvestor replied to the topic I have purchased a sub dividable block in High Wycombe and need some advice! in the forum Help Needed! https://www.propertyinvesting.com/topic/4407409-i-have-purchased-a-sub-dividable-block-in-high-wycombe-and-need-some-advice/#post-4675886 Mon, 20 Aug 2012 05:41:27 +0000 I have used Ventura on a numbe rof occasions and they are very good

]]> a290a072bb5c6e0f4896668ed750bc69 worldinvestor replied to the topic USA Property Update in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407329-usa-property-update/page/2/#post-4675179 Sat, 18 Aug 2012 05:07:55 +0000 Not sure what you mean by senior, they are experienced investors in the US market and they are also selling their own product, no offence intended to either Jay or Alex.

As I mentioned I am  achieving great results in US 15% net yields, they are no longer there coz the market has risen. Timing is everything in any market.
.
As far as Australia…[Read more]

]]> 25f8894c323794b73aaa20687f133d38 worldinvestor replied to the topic USA Property Update in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407329-usa-property-update/page/2/#post-4675173 Fri, 17 Aug 2012 06:03:56 +0000 Ilovehouses

I know  nothing about the Japan market.

 The reason I purchased in US was simply because of  the cashflow, 20% gross (15%+ net) and because I can purchase well below building costs at $20-30 per sq ft, once building commences I am expecting growth, however this is actually happening now/today. Obviously the yields are now diminishing…[Read more]

]]> 7c826911c0afbd3738575ff84217e7ad worldinvestor replied to the topic Anyone bought Atlanta properties using Top Rental Returns? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400716-anyone-bought-atlanta-properties-using-top-rental-returns/page/5/#post-4629041 Fri, 17 Aug 2012 05:40:29 +0000 Unfortunately you can not believe anyone, there have been a few negative posts regarding various companies selling US properties. Not all companies are bad, however it is a matter of doing your own research to establish whether you are actually getting a good deal or not.

I assume you signed a contract with Key Property management, you need to…[Read more]

]]> 0d3a2c7d51516195d0814dee7c067334 worldinvestor replied to the topic County Assessments - Atlanta in the forum Overseas Deals https://www.propertyinvesting.com/topic/4406612-county-assessments-atlanta/#post-4669965 Fri, 17 Aug 2012 02:08:09 +0000 Hi All
Thought I would provide an update on this.

Select American Homes on my behalf had 2 of my county taxes reassessed and I have received a substantial reduction.

This has improved my cashflow from 15% net to  17.12% and 18% net.

In the last 3 month-5 months all my property purchases have risen and entry levels at $37K-$50K for large homes…[Read more]

]]> 976b513d2d2fec92a753fa301e9ae577 worldinvestor 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-4675107 Thu, 16 Aug 2012 08:31:35 +0000 I am playing in the Atlanta market   –  This is what I do to keep the figures real and work out whether I am buying well in terms of price only.

If the asking price is $50K and the size of the property is 2500 sq ft simply divide sq ft into the purchase price to establish what you are paying per sq ft and you will need to know what it would…[Read more]

]]> fd8266e077912747773be5b6ba5467a8 worldinvestor replied to the topic USA Property Update in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407329-usa-property-update/#post-4675167 Thu, 16 Aug 2012 00:40:20 +0000 Cheeves and Jay

Thanks for the feedback appreciate this.
Good for those who got in before the herd and have already made some money with great returns,  they certainly are slowly deteriorating.
My plan was once I double my capital I will be offloading and bringing back the money to Oz, I was expecting a timeframe of 7-10 years, perhaps it will…[Read more]

]]> 49840fafad06844f01c10dcd5f0370b8 worldinvestor replied to the topic Buying Blocks and selling with Permits in the forum General Property https://www.propertyinvesting.com/topic/4407340-buying-blocks-and-selling-with-permits/#post-4675258 Wed, 15 Aug 2012 01:18:58 +0000 I am from Perth, however about 18 months ago I put together DA (plans and permits) for an 8 unit site in Broadmeadows, Melb and on sold it to a builder developer within a 12 month timeframe.
I made approximately 40% profit and it cost me all up around $20,000 for the architect to put this together. I am not sure whether I could repeat this in the…[Read more]

]]> 493b8627c1daa7e7eb7bde3af128542a worldinvestor replied to the topic USA Property Update in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407329-usa-property-update/#post-4675162 Wed, 15 Aug 2012 01:06:11 +0000 Hi Cheeves
so where from here, do you see the property market in general in US going from strength to strength?
I still hear that there are lots of foreclosures that the bank has not released, however I am assuming there are now major players buying up so this will continue to drive the prices higher.

I would be interested in your comments.

Cheers WI

]]> e713b47d556371e1ebb7b601073175b4 worldinvestor replied to the topic USA Property Update in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407329-usa-property-update/#post-4675160 Tue, 14 Aug 2012 07:29:00 +0000 AREIJoel

Trusting a system and the people securing properties is important and  one way you can achieve this is by firstly being able to understand, research and interpret information that is provided by any company selling in US.

Lets face it there are plenty of investors buying and not even checking recent sales in subdivisions, size of the…[Read more]

]]> 95ddd45700754b1ea8b486e637c50613 worldinvestor replied to the topic USA Property Update in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407329-usa-property-update/#post-4675158 Tue, 14 Aug 2012 05:23:17 +0000 I personally believe the window of opportunity has closed for me in the Atlanta market,  but then I will only purchase properties at 20% gross due to slippage, this has certainly given me a buffer.

Also, I would not recommend anyone purchasing in US unless they are buying multiple properties, cost involved such as insurance, pm, accounting,…[Read more]

]]> b0642e71a3610863723d302b5e431795 worldinvestor replied to the topic USA Property Update in the forum Overseas Deals https://www.propertyinvesting.com/topic/4407329-usa-property-update/#post-4675154 Mon, 13 Aug 2012 00:15:12 +0000 I agree good feedback, and needs to be kept real.

My concerns are that what Steve is buying may be higher risk and would not suit the average investor because he/she does not have the contacts, resources and business partners that Steve has in this area to make ti work. I think it is important that this is clearly highlighted.

Steve is providing…[Read more]

]]> b98a2cac63717da2fd62d903fd8a593f worldinvestor replied to the topic Perth Suburb Selection in the forum Help Needed! https://www.propertyinvesting.com/topic/4407246-perth-suburb-selection/#post-4674517 Sun, 12 Aug 2012 10:16:14 +0000 I would pick the development property which will provide ultimately the better return and opportunity to add value which of course makes it unique and sort after. This is what will add value regardless of whether you choose to develop or not.

However in saying this the figures would need to stack up now, in other words if it is costing too much…[Read more]

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