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Nothing exciting to report, alas. My US mortgage broker played phone tag with me for a couple of months, then went silent. I eventually found out, just last week, that he "gained control of his trust fund" and thus is in the Bahamas drinking pina coladas. :p Good for him! So I'm now working...

Thanks, karina! I didn't go, but Player did, and he tells me that Kiyosaki's "real estate expert" was recommending as his absolute hottest tip for real estate, to buy multi-family property in the very city in which I'm looking. :cool: It may or may not hold up, of course, but serves to reinforce...

I got slowed down by the flood (if you missed the news, our home got 3 feet of water through it during the storms in Brisbane on May 20), but yes, the deal's still alive. We're sending documents back and forth negotiating the nitty-gritty of how the profit sharing will work, and the...

Thank you all for your support and encouragement. It sure is a wild ride; I can hardly believe I'm on this path myself, sometimes! But when I have those moments of feeling slightly overwhelmed, I think: "Somebody is going to buy this property; why not me? I've done as much research or more than...

No, "fixer uppers" are virtually untenantable at any price, which I guess is why they sell for such a hefty discount. (I'm not rehabbing because the property's in poor condition; I'm primarily rehabbing to "reposition" it to target seniors, but whilst I'm at it, may as well re-paint etc.)...

Thanks for the heads up; throw as many spanners as you like. :) I won't be drawing a salary, thus won't be "working" and I don't believe there's any issue of becoming resident for tax purposes, but I'll confirm with my accountant. And no, I don't believe that I need a working visa, because...

Thanks, Horizon. Puppy won't get over to the US - quarantine's a nightmare - and undoubtedly will forget me every time I leave, but thankfully gets to know me again quickly. :) Thanks, but I feel obliged to point out that it's not money in the bank yet... Several forumites seem to (mis)read...

I don't plan to be resident in the USA, but I imagine I'll rack up a few frequent flyer points. I'd be happy to relocate for 6 months or a year, but I don't think hubby's so keen, so we'll see... Certainly if I'm not there, I plan to visit at least, say, a week every 2 months, or something like...

Thanks to LynnH and TPFKAD for their kind thoughts re my US "heads of agreement". I decided to start a thread on the topic so as not to hijack other threads, but based on my unfortunate experience with the "Why NOT to buy in the USA?" thread, I won't be sharing as much detail as I did in that...