Search results

abdoug Cash flow/yield, properties had dropped as much as 70% in Atlanta Sunny climate, if you go to colder/harsh conditions of (mid west) you will have far more maintenance issues, more costs, less returns. Size of the city, industry Just ticked many boxes. I know some investors...

Don't think this would be the case as GentleC purchased in 2007 in moranbah and only 2 and he mentioned they are currently cash flow positive. He did not sell Moranbah IPs so he probably accessed equity at 80%, even if they were worth $600K each at this time, it would not come close to...

Hi Gentle Chief Some very nice houses. Thanks for sharing. I purchased in Lithonia, Conyers, Covington and Fayetteville Counties. I think its taken some time to get things right for me, but we now have an excellent property manager which has made a massive difference, more cash in the...

Thanks for the figures, excellent result for your client:) I wont be selling though, I can't get these returns/yields in Australia.

Hi Sash I am pretty confident in saying that GentleC purchased similar product to me in Atlanta, the larger family homes 2000-2500 ft, in today's market you would be paying around $120-130K+ renovated. I also know one of Karina's clients sold similar product for $189,000 last month, at $77,000...

that's a nasty twitch, I get that whenever I know my MIL is coming over for the day:)

Also better returns from your Atlanta properties now that the Au$ has fallen back to around 76-77. Great results. With sourcing additional properties in US are you using US income??? or perhaps you are now able to source finance??? very curious:) All the best