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Tried to edit my last comment but couldnt. This site sometimes has mange AND it reminds me too much of work! (same software on our union site) It was MY property manager who was shot at by BOTH husband and wife when she turned up for an inspection. I understand it was NOT a pleasant situation...

All those deals exist. Be careful with USA though, bad areas are BAD BAD. It made me very unafraid of bad areas in Aus. For example none of my property managers have been shot at in aus when they turn up for a property inspection. This has happened in LA, not to my properties (which I thought...

Mark, Stand alones, or 'Own your owns' are often positively geared, or what I would term 'neutral' as they are _just_ positive. Don't forget that are a lot of people who want cash+ properties there too, so you have to look hard. They are there! The guys I bought through www.buckinv.com pushed...

You are mixing my old and new deals. The 3rd note I got was to cover the shortfall on the 8 plex I just bought. My first deals were when the AUD was at .64US so the numbers got better as the AUD fell. O/S property is a very nice hedge against currency fluctuations and government policy. The...

Jude, Very simpy I went to Ca. set up a bank account with Bank of America, rang about 200 RE agents until I found one who thought I was serious. Then I signed on about USD$1.2m worth of income property, on my last day of a 2 week trip. After that I went home and worked out how I was going to...

The L/V's I got in US were crap but with creative financing (10% down with a further 10% carried by owners) it wasn't too bad. I literally doubled my net worth in just over a year. My USA beachead is now self sufficient, and in fact the only positive geared property I own. It is now generating...

Sometimes I dunno why I bother cos no one listens, but.... We are becoming a global village, if you cant work it out now, in years to come you will say 'why didnt I?' When people say 'should I buy interstate?' I often think - for the pretty average returns interstate why not do the same thing...