I have traveled to Texas on a number of occasions in the last 12 months. The reason being is that the market there is still undervalued.
The medium price in California is around $540,000, which is also very similar in many Australian cities. In San Antonio the current medium price is $139,000. It is possible to purchase small apartment complexes for $100,000-$300,000 and receive great returns of in excess of 10%. One of the concerns that many investors have is that it’s a long way to Texas, so how can an investor be confident of their purchase.
I am confident of that market, in fact so much so that I am moving to San Antonio from Monday 18 September to manage a Real Estate company and to establish an investment division. Naturally that will include a property management department.
The market in Texas today is a bit like investing in New Zealand 4 years ago. The market has plenty of room to grow and the returns are great.
Should anyone be interested you need to email me, I will then be happy to keep you informed.
Nigel Kibel
http://www.propertyknowhow.com.au
check out my new web siteAustralian and New Zealand The United States Property Researcher and education
One Day property investment research workshop The United States. Please register your interest
http://www.changingplaces.com.au Buyers advocate.Nigel Kibel | Property Know How
http://propertyknowhow.com.au
Email Me | Phone MeWe have just launched a new website join our membership today
Hi Nigel
Good luck with your adventures , I know you will do exceptionally.
Just a note to anyone considering investing in the states this maybe the break through that is needed in property management.Take care Nigel have a sake trip
We buy properties cash fast settlements no fees no fuss. contact me on 0408 355568
[email protected]Thanks Rick
The main purpose of mybeing in the United States is to market to American investors. The main reason for posting here is to share my experiences with Australia investors to make it easier for them should they wish to invest in the United States.
Nigel Kibel
http://www.propertyknowhow.com.au
check out my new web siteAustralian and New Zealand The United States Property Researcher and education
One Day property investment research workshop The United States. Please register your interest
http://www.changingplaces.com.au Buyers advocate.Nigel Kibel | Property Know How
http://propertyknowhow.com.au
Email Me | Phone MeWe have just launched a new website join our membership today
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