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  • Profile photo of jayhinrichsjayhinrichs
    Participant
    @jayhinrichs
    Join Date: 2011
    Post Count: 1,177

    Just checking in all quiet on the western front.. really amazed at how quiet AU investors have become vis a vi the US

    Profile photo of EngeloRumoraEngeloRumora
    Participant
    @engelorumora
    Join Date: 2010
    Post Count: 618

    Just checking in all quiet on the western front.. really amazed at how quiet AU investors have become vis a vi the US

    Aussie market is booming Jay and too many got burnt.

    Unfortunately many are also caught up in the “buy high”, hope to “sell higher” mindset.

    Thanks

    EngeloRumora | Ohio Cashflow
    http://ohiocashflow.com/
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    "Make a PASSION an OBSESSION and you'll never work a day in your life"

    Profile photo of Nigel KibelNigel Kibel
    Participant
    @nigel-kibel
    Join Date: 2005
    Post Count: 1,425

    I think a lot of people have been burnt and its true that the Property market is strong but thats a good reason to stay out of it.
    The other issue is the falling Australian Dollar. However if you want to trade properties or buy great quality investments there has never been a better time to do so. Consider

    A rising market coming off record lows

    Finance coming back into the market (recently funded an apartment complex for 70%)

    Strong rental demand

    Strong demand for owner occupier homes

    Florida current has around 1,000 people a day moving there the same thing happened in Texas and it pushed up rents.

    Even if you have never considered the United States you should at least explore the option.

    Nigel Kibel | Property Know How
    http://propertyknowhow.com.au
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