Hey guys.
I hope your all well.
Jay Hinrichs the man, the myth, the legend haha ;)
Was kind enough to team up with our group and let us use an E-Book that he wrote as an introduction for all Aussie investors looking at buying US properties.
I only wish that I had access to this bloody thing before I pulled the trigger myself.
Would have saved me quite a bit of heartache and $$$ Ka Ching Ka Ching haha
Check it out here: http://ohiocashflow.us3.list-manage1.com/subscribe?u=cc68e0d17ad0e2f7fcf70e11a&id=252b88d80d
Thanks and feel free to reach out with any questions.
ps. Whats going on with the Aussie $ ???
EngeloRumora | Ohio Cashflow
http://ohiocashflow.com/
Email Me | Phone MeF@#$ THE REST WORK WITH OHIO CASHFLOW TO INVEST
Thats funny Engelo – I send that ebook to clients (with Jay’s permission). He was chatting to one ofmy clients yesterday I believe.
Its a few years old but the same principles apply from slumlords, to Guru’s to bloody spruikers (of which many have disappeared but enough there to continue ripping people off).
Jay mentioned that he has been working with you and making big strides in the right direction which is great.
I encourage anyone investing in the States to chat to people on the ground preferrably with a online reputation – the three that come to mind here are Nigel Jay and Engelo – who I know will help people dig people out of a hole. And believe me there are a lot of holes…..
Cheers Ivan
Redwood | REDWOOD | SMSF | PROPERTY | FINANCE
http://redwoodadvisory.com.au
Email Me | Phone MeSMSF - PROPERTY INVESTMENT - WEALTH CREATION AND FINANCE SOLUTIONS
Thanks Ivan,
I appreciate your praise.
We still need to connect via phone?
Ill send you an email now :)
Grazie Mile
EngeloRumora | Ohio Cashflow
http://ohiocashflow.com/
Email Me | Phone MeF@#$ THE REST WORK WITH OHIO CASHFLOW TO INVEST
Hi from an aussie located in NY.
We own our own apartment here in NY but have investment properties in Sydney. The biggest misunderstanding I have found from Australians about the USA after living here for 10 years is that there are 100 major cities here in the USA….not just 2 eg Syd/Mel.
This means people move around a lot for work AND there are a lot of choices about where to live which keeps capital prices down.
Don’t get me wrong my part of Brooklyn has gone up 10.2% for the last 5 years (and 7.6% over the past 30)…..so there are parts of the USA growth seems to be in abundance. But understand the real issue with Sydney/Melbourne driving up rents/purchase prices is people refuse to live in Nowra.
Just a thought from a total novice about my own personal perspective……
Cheers,
DeanHi Dean
I think you are dead right
I also encourage people to stick to cities. I am personally based in Florida and have a partner in Orlando but there are other options.
One word of caution stay away from one industry locations. A big pus in North Dakota in the mining areas. I have already dealt with a few people who have lost most of there money with the price of oil at $46 a barrel it is just the tip of the iceberg
If you invest in America one of the best markets
look for growth cities and states
Warm whether states
Stay away from locations like North Dakota and Detroit ect
There are much better locations
Nigel Kibel | Property Know How
http://propertyknowhow.com.au
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DeanCollins – good story – I had an apartment in Williamsburg on Beford Ave – bought it 2005 pre hipster in the time of the modest jewish neighbourhood and sold it 2013 in ‘hipster – home of VICE land’ and made some good coin.
Where is yours buddy?
Are you using a realtor? I had a good broker I met when I first rented in NYC and he took care of me so had mostly professional expats staying there through a corporate re-location program so got a great yield and no damage. Funny story – I sold the apartment to my ex-partner (market value :)
Thanks for sharing
Cheers, Ivan
Redwood | REDWOOD | SMSF | PROPERTY | FINANCE
http://redwoodadvisory.com.au
Email Me | Phone MeSMSF - PROPERTY INVESTMENT - WEALTH CREATION AND FINANCE SOLUTIONS
Williamsburg on Beford Ave
Small world, my wife and I live in Brooklyn heights on Cark near the 2/3 subway.
NY is going up a lot year over year, but the problem is city taxes, eg even though our apartment is going up 100k or so a year it costs $24k a year in coop fees (60% city taxes) plus the $40k in mortgage etc plus any kind of renovation in NY costs 3x etc what it would anywhere else…….
Hey my Aussies,
*Spruiker Alert* hehe
Check out the links below to a few interviews I had with media outlets here in the US:
http://redpillinvestor.podbean.com/e/episode-394-engelo-rumora-and-the-3-steps/
http://flipnerd.com/selling-turn-key-rentals-investors/
I really go into depth about what out of state/country investors should look for when investing in the US.
Yeah, yeah whatever, so I am spruiking myself a bit.
I really leave nothing on the table with these gigs and there are no hidden agendas. Just building personal/business brand and giving as much content as possible.
Feel free to listen in :)
Grazie Mile
EngeloRumora | Ohio Cashflow
http://ohiocashflow.com/
Email Me | Phone MeF@#$ THE REST WORK WITH OHIO CASHFLOW TO INVEST
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