US Deeply intrigued by USA market.

And the research begins very exciting

 

This is pretty typical of what I was buying in 2011. This is Zillow, will show all the details including tax, rent and purchase price - 2011 I purchased this one for $34,100. You will see this figure scroll down.

6120 Course Side Way, Lithonia, GA 30058 | Zillow

 

keep researching, lots to learn, lots of good markets to play in at the moment and most are rising

 

Had a quick look at the numbers, now that's yield!, nice house, looks like it's in a lifestyle, greenish area.

 

Mouth watering, we keep looking, we have had great success recently with auctions

They are different to Oz auctions, US auctions, bidding is on line

 

We will be posting our 5 town house development shortly, its been with the City or we call it Council, nearly there now.

Stay tuned. Fortunately market continues to rise = larger profits

 

Its been one hard slog, but we just got the 5 townhouse development approved by City/Council..... Now let the games begin.....

 

Had some investors asking me what is happening in USA, and why is this market on fire.


The U.S. Real Estate Market - Trends, Characteristics And Outlook | Seeking Alpha
Seeking Alpha, April 2017

37% of all homes sold in the U.S. last year were purchased for investment purposes.

The homeownership rate in 2016 was the lowest in 50 years, as renting has been increasingly the more frequent choice compared to purchasing.


In 2013 foreign purchases made up 7% ($92.2 BLN) of total residential transactions of $1.2 TLN, rising to $104 BLN in 2015. The latter number was more than 2.5 times the 2009 figure

 

If you can afford Boston its a good time to make money

Boston’s Real-Estate Market Is Poised for a Boom

 

For those interested in USA market.
Tax Reforms will lead to economic boom.

Why the Republicans’ Tax Reform Plan Will Lead to Economic Boom

 

Do you actually think the plan will pass? It increases the deficit and there are plenty in the Republican party who do not favor the plan as is.

The article you posted is highly biased - example being this excerpt - "Democrats don’t understand economic growth and what causes it. They lost the election last year because blue collar working people and the middle class saw that, and abandoned them. "

 

Plenty of evidence to prove that most of mainstream media is biased towards the left, hence fake media. But lets not go down this road.

Back your question... yes, I think it will get passed. Time will tell.

Economy is currently moving in the right direction.

MTR

 

MTR, care to take on a mentee for the US Market??

 

Hi MTR,

Love reading your posts. Can you recommend where to buy houses like that for that price today?
Or has that ship sailed?

Conor

 

The US market is great but also a huge market. You need to do your research and look at things such as vacancy rates, state taxes etc. I prefer Florida and Georgia. Houses in Florida around rd 150-180K and can get rd 10% gross yields. Student homes rd $250K looking at over 10% yield. Florida has no state tax and places like Orlando have low vacancy rates.

 

As someone who lives in NY........don't do it.

All our property investments are in Sydney,,,,,,,

 

I am no genious.... success comes down to research..... I have provided lots of info on this forum ..... throw questions my way

 

..... and what is happening in Sydney market atm iys going south, falling

Making money is all about timing.....get this right and you can make money in any market

Get it wrong and your stuffed, holding and paying interest to banks is no fun in falling markets

US markets are booming.... just got to know what and where to buy

Happy investing everyone

 

Good reason to be intrigued... US economy is on fire..... USD strong

The Australian dollar's fall is a reflection of a roaring US economy

 

My worry is currency, but medium term were more likely to have a 50c and a 90c AUD/USD which is the way you want it to go for a variety of reasons.