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    USA investment properties for an Aussie

    Windows of Opportunity Haven't been on for a while but MTR points out a very good point - although I still am not seeing on the ground anything more than a foreign buying frenzy - and certainly the US consumers aren't back to buying houses yet ... which leads many of the real estate agents to...
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    USA investment properties for an Aussie

    I LOVE THIS GRAPH. Really shows different markets and responses to the property crash. JUST using my two primary markets.... EVERYTHING and i mean EVERYTHING in Vegas was valued at over 200k....even the most dire, crappy mobile homes ... people were literally buying OPTIONS on the purchase of...
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    USA investment properties for an Aussie

    Here is the BIG thing... How many of these facilitators do you SERIOUSLY think are going to be around in 3- 5 years time when the market changes and you are needing to be going on to phase 2 or 3 of this cycle? If you have someone who is only focused on front end sales, what happens in 3 years...
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    USA investment properties for an Aussie

    Yes, have fabulous accountants and insurance brokers and inspectors and put it all in place so you dont have to worry about it and of course hand holding goes with the territory but to be honest anyone will do that.....They have to if they want to sell in this country to foreigners....which...
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    USA investment properties for an Aussie

    I am not a flipper or a wholesaler - I don't buy bulk. I help YOU buy YOUR property. I work with the individual versus the property - but that also means I say "no" more than yes to any property because the vast bulk of this market ISN'T worth buying. I am not looking for 30 properties for 30...
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    USA investment properties for an Aussie

    Long88 - why yes, I do believe it was - HUGE CONGRATS.... Lock & Oscar - I think the big thing is that property has a place in any balanced portfolio - but everyone is entitled to disagree. But those that DO feel it has a place enters the world of this.... the big debate within asset class...
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    USA investment properties for an Aussie

    Due diligence ALL utilities MUST be on during due diligence or you ask for an extension in due diligence. If you do not know what due diligence is, it is the time frame during which you, as buyer, conduct your home inspection. Generally You have 5-10 days after exchange of contract. If the...
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    USA investment properties for an Aussie

    Just read on the time delay for the reno's...I'm sorry you got whacked there... I can relatively assure that the norm in the States (obviously outside of Christmas) for repairs would be well under 10 days if you are just doing some sheetrock patches, new paint, carpet, plumbing, appliances and...
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    USA investment properties for an Aussie

    Chris Fantastic news and stoked you are happy! I had wondered how you had gone on. Yep, if you are rough balling I normally go with purchase price plus 11k (padded) to cover the "set up" costs - closing, renting, facilitation, repairs at the end of that you should have a tenanted property...
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    USA investment properties for an Aussie

    I am leaving Atlanta for the next 2 weeks headed to Vegas then possibly Oz but ricochet all the time depending on what is closing when and where. If anyone wants me to visit a property here I drive the length and breadth of Atlanta everyday, love doing it, have iPad and can send instant...
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    USA investment properties for an Aussie

    Too big a question and tough. I dont locate, i help people choose for themselves. I wasn't going to answer because massive caveats...but have edited to try....Okay.. With huge broad brush and that massive caveat that there are great areas and enclaves in many parts and ditto on the reverse...
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    USA investment properties for an Aussie

    Reminder If you are a property owner already Stateside please remember NOW is the time for your summer a/c checks to be scheduled in case any additional repairs are needed or tuneups beyond coil clean and filter change etc. THOUGHT....NOW IS ALSO THE TIME TO CONSIDER GETTING A HOME WARRANTY...
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    USA investment properties for an Aussie

    Schools... http://nces.ed.gov/globallocator/index.asp?search=1&State=GA&city=Lawrenceville&zipcode=30043&miles=1&itemname=&sortby=name&School=1&PrivSchool=1&Library=1&Status=Search+Finished&Records=0&CS=D5D6C0F4 This is the link I use for schools.... I use NCES versus Georgia scores and I'm...
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    USA investment properties for an Aussie

    Commercials... Anything 5+ units is commercial... Assuming question posed as in MFR's. Not a play in Vegas and I think "less" headaches would only be relevant if you have an amazing property manager. LAX yes, even ATL.
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    USA investment properties for an Aussie

    I had a property last week (Vegas) we closed and rented, needed everything - carpet, paint, roof work, sheetrock damage etc... within 7 days (actually we came in just over $500 under budget). The one before that the cleaners had to back out as they were moving in - only 4k of work also OCCUPIED...
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    USA investment properties for an Aussie

    Sunfish.. excellent point and yes, I am sure all those with US properties are in the flurry of sending out their 1099's with their respective accountants... Just another of the nuances.. W9's, 1099's and your good old W8-ECI's... Jan 31 being the only date I dread more than April 15. Lol. It...
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    USA investment properties for an Aussie

    Not fair I have just seen a post that was deleted that stated that my attainment of a green card through a relationship and marriage that occurred over 10 years ago and lasted 9 years in 2 countries (Bahrain and the US) was a "strategy". I don't know the person who wrote that but am guessing...
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    USA investment properties for an Aussie

    When I first started in this business, every word that Bris and TVH times my own experiences over 12 years of owning properties in the US almost prevented me because I knew by doing this I was going to have to be there for every single instance. I would help people with every one of the lessons...
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    USA investment properties for an Aussie

    Re SoCal and lack of workers accommodation... Simple... No room! Land values have gone up so much that to build, those that are new will be for a different demographic. Only way the numbers work! It also means that you can "gentrify" if the bone structure of the building permits.
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    USA investment properties for an Aussie

    I have personally averaged about every 5 years - but Otton brings up a great point of tile in Vegas, wood floors in Atlanta. However I paint to make the place shine and I think that if you consider it is under $1k to repaint the house - if you average a 2-3 year tenancy, it isn't an exorbitant...
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