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For a short period the Au$ almost bounced back to 80, now we are back to 75, I think we will see it trending down, how low who knows, seems like the experts think it will hit 72 sometime this year.

NZ Dollar parity with Aussie dollar Listening to news this morning, first time ever NZ dollar on parity with Au$. Also, should the RBA cut the benchmark cash rate for the second time in three months we could see a breakout of recent ranges and moves toward and through support at 0.75...

But I don't want to live in Atlanta. Perhaps I should have been buying in Italy or Spain, much prefer to live here:p

You pay 15% CGT in USA, however if I was to sell this would be credited back to me in Australia where I would then be paying Australian CGT. If I eventually sell, this is just part of business, as a developer/trader in Australia I have to pay CGT every year at 30%, but it means I am making...

OK, so another interest rate drop will weaken the Au$, target has been set for 75 for 2015, I expect we will see this happen this year, RBA will make it happen.:)

Thanks for this. Me, I am holding on for the ride.

Good one. Its hovering around 77, waiting for Au$ to break 75.

Here's the update from Oxforex Australian Dollar: The Australian Dollar plunged to near 6 year lows yesterday as the RBA took many investors by surprise in cutting interest rates. The decision sent a shockwave through markets and saw speculators dumping the commodity driven currency...

Thanks WattleIdo, more about being in the right place and the right time:)

Your right Blacky, its been a long time since we have seen a 7 in front Au$. I doubt I am going to sell now because I just don't see anything that can give me the returns I am currently making in US. We also now have a fantastic property manager who basically provides similar service we get...

I get your point Macca, never know what can happen, but as the Au$ is trending south with predictions in 70s next year probably prefer to wait. Thanks MTR:)

Right, but I had to put up with a lot of cr@p before I got the system working. It was not all beers and skittles that's for sure

Oh I see. I am not too fancy with numbers unfortunately Looking at recent values I think we would average around $120K per US property so perhaps roughly sitting at $900K. Rents have not gone up. County taxes went down due to values of properties dropping, now they have swung back up...

No, the other way around, I purchased the properties when the Au$ was over 1.00, now am bringing it back at around 81, so my rental income has now increased 20%. Same as my initial base investment of $500,000, lets assume no growth whatsoever but 20% increase in value due to the drop in...

Purchase Prices, not sure what you mean by this?? When I purchased the US properties approx. 3 years ago the gross rental returns for all were around 20%. At the moment I bring back $5000 per month from USA which forms part of my income the rest stays in US bank account. With current exchange...

Firm 81 today:) Anyone think it will be in 70s next year, I do?? Karina Luvin' the cash flow as well, but the power of leverage is what makes me want to bring the money back home, will still have 18 month timeframe I think. $1M gives me opportunities to continue with more developments and...

Absolutely Scott, nothing is without risk. Investors buying US property over the last 3 years probably got the timing right as the Au$ was trading as high as 1.08, and they were taking a punt or I like to think an educated guess that the Au$ would go back to traditional levels which of...

Yes you are right However I am seriously considering selling the lot when/if the Au$ falls back to 72, its been a great ride, however I have the power of lvr in Oz

Who would have thought that the Aussie dollar would be free falling now at 81. I can see now why they are predicting 72 next year.

82 Australian Dollar: The Australian Dollar plunged below 0.83 during trade on Friday as US labour market data shocked investors adding nearly 100,000 more new jobs than anticipated throughout November. Friday?s Non-Farm Payroll report showed some 321,000 jobs were added highlighting the...