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Engelo gets it... It's exciting to be part of and it IS just starting to take off.. My take: http://la.curbed.com/archives/2015/03/housing_crisis_los_angeles_construction.php If you have ATL properties, think about ditching the headaches and get where the maintenance issues won't...

The $1m was just to illustrate. People here like bandying about big numbers on 'examples'. My nicest one from a few (3-4?) years ago was $60k down to get bank appraisals today (not estimates or offers but appraisals banks will finance on) of $500k more and rental increases in the same time frame...

Never thought I'd look at this again, but it was interesting to see the washup after a few years. Good to see a heap of people did well and avoided the shonks. The US market is far from overplayed, in the last 3 months my properties have jumped 30% rent across the board and show no signs of...

Andrew, I made Greg Hoy aware of your similar name some months ago. I had considered emailing you in advance but didn't want to pre-empt anything that might (or might not) be shown. We covered an enormous amount of ground in the interview process and I had no idea what angle they would take...

Disappointed. MyUSA was the original driver for this but the others of their ilk were given an equal serve. A good start but much left to be said. FWIW my interview ran 40+ minutes and barely touched on the subjects shown. Emma171's went double that. Better than nothing, but I would put it as...

My last post - It is one more than I wished to make but I cannot abide inaccuracies. I lost interest some months ago when important points were deleted and the meanings of things I wrote were changed to miss the point. Goodbye, goodnight and good luck to all. I sincerely hope the posts I have...

As a general rule for airport noise, look at google earth or near map or whatever and draw a line straight along the runway centrelines from the runway ends out for about 10 miles. If you really get upset at jet noise (which is getting a lot quieter, though more frequent) avoid buying inside say...

A serious investigative journalist has spent the last 6+ months putting together a story on some of the scams being operated in the US property market. It took a while but we got there in the end. I suspect it will become compulsory viewing for anyone contemplating a US property purchase as it...

Exactly!!!

BTW Buster: If you are looking REIT's (which I like BTW) and aren't hell bent on 100% ownership - have a look at Truewholesalehomes and Jay Hinrichs. There are a lot of hassles with management etc and if you don't have someone really batting for you 'over there' it gets very hard. A 'Lazy' 9%+...

http://www.bloomberg.com/news/2012-03-27/bidding-wars-erupt-as-u-s-supply-of-homes-for-sale-falls.html Not sure what I am 'allowed' to post here (opaque rules) so if the link is disallowed the article follows. Fully reposted from Bloomberg who actually encourage such things:) BTW On another...

You'll worry about the dramas though! 3.5% of the assets for maybe 30% of the worry. If you dont care about the yield even more reason to look at true wholesalehomes. The confidence is inspiring. In time you will understand where I am coming from.

This peeves me as I only have one more 'real' post to wrote on this site, but the time isn't right... However. With the attitude above you will be crucified buying in the US. To succeed you need to look at it like a job. If you don't (as I said above) you will be treated like every other 'out...

Unfortunately, that is exactly what Emma works her butt off to avoid. However if you are running seminars, buying in relative bulk and relying on local contractors this is exactly what is going to happen. Far from being 'select' you are then competing with every other out of town purchaser for...

Emma is a US/AUS citizen - she has always been within the law of the countries she operates in:) Aside from that tongue in cheek comment Geoff, I would like this paragraph that you deleted reposted. It is nothing against anyone but does point out I have a reasonable idea (as much as an...

I think the only thing wholesalers (like Karina) do that is illegal is to conduct business in the US on a Tourist Visa. Technically they are just selling their own house to foreigners. Everyone knows they are not their 'own' houses, but that would be the argument I guess. In the end, Uncle Sam...

:) .

Don't forget you pay CGT on currency gains as well.

http://www.realestate.com.au/property-house-nsw-cottage+point-108892366 The important thing is that now the owner says 'sell'. I don't know what he has been saying or why it has been advertised since the show first came on if that wasn't the case, but it is still for sale. Sad, can't see...