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BTW Buster: If you are looking REIT's (which I like BTW) and aren't hell bent on 100% ownership - have a look at Truewholesalehomes and Jay Hinrichs. There are a lot of hassles with management etc and if you don't have someone really batting for you 'over there' it gets very hard. A 'Lazy' 9%+...

http://www.bloomberg.com/news/2012-03-27/bidding-wars-erupt-as-u-s-supply-of-homes-for-sale-falls.html Not sure what I am 'allowed' to post here (opaque rules) so if the link is disallowed the article follows. Fully reposted from Bloomberg who actually encourage such things:) BTW On another...

You'll worry about the dramas though! 3.5% of the assets for maybe 30% of the worry. If you dont care about the yield even more reason to look at true wholesalehomes. The confidence is inspiring. In time you will understand where I am coming from.

This peeves me as I only have one more 'real' post to wrote on this site, but the time isn't right... However. With the attitude above you will be crucified buying in the US. To succeed you need to look at it like a job. If you don't (as I said above) you will be treated like every other 'out...

Unfortunately, that is exactly what Emma works her butt off to avoid. However if you are running seminars, buying in relative bulk and relying on local contractors this is exactly what is going to happen. Far from being 'select' you are then competing with every other out of town purchaser for...

Emma is a US/AUS citizen - she has always been within the law of the countries she operates in:) Aside from that tongue in cheek comment Geoff, I would like this paragraph that you deleted reposted. It is nothing against anyone but does point out I have a reasonable idea (as much as an...

I think the only thing wholesalers (like Karina) do that is illegal is to conduct business in the US on a Tourist Visa. Technically they are just selling their own house to foreigners. Everyone knows they are not their 'own' houses, but that would be the argument I guess. In the end, Uncle Sam...

Don't forget you pay CGT on currency gains as well.

You mentioned super fund (401k) money. In that case, with very long term expectations and a natural bias towards safety I would suggest central major cities with around 5cap. Otherwise you are likely to be buying properties that your fund has already lost money on (AAA aaa MBS's) just buying...

twh I agree. I don't think Australians really understand risk/reward very much. We live in a nice cosseted world where nothing really goes wrong. You buy a house and it sits there and doesn't _really_ need looking after. Buying a US house is really very easy. Looking after it certainly is...

He didn't say anything about the houses with them - maybe twh is a trust fund baby and bought a hospital or maybe he just has a big paddock and likes collecting old doors:) One of my agents clients had around 500 buildings. And he didn't do SFR's. I met him once, quiet guy. I asked him what...

No you are correct HA - it is just an incredible co-incidence. Emma has been operating with that name for more than ten years. It is hardly a case of copyright infringement, but of all the names you could choose, you choose one that is at the very least extraordinarily similar. Why? I have...

I assumed you were working with Emma - I was very surprised to learn you just lifted the name. Ethics?