All Forum Posts by: Marisa R.

I set up 3 US accounts accounts in 2011. I had to do this in person as they needed to ID me etc

Update..... I sold out of Detroit

Why??? Too many headaches and if you are out of State or country you are a target to get ripped off

Fortunately market has been rising so have been able to cash out with no loss

What I found with Detroit is no integrity.    Dont do it..... lesson learnt

Anyone give me an update on how Atlanta market is performing, still a sellers market

thanks

Another Aussie here

Finance is available for foreign investors, however interest rates higher and set up

Fees costly

I paid cash for all my properties

this is my story

https://www.biggerpockets.com/...

I think Detroit can work for out of state investors, I am living proof of this

But life would be far easier if I was on the ground. This will give many more options and less risk

Whether there will be appreciation is the big question? Some areas are already growing but it will be hit and miss. There is still lots of inventory, so success will be buying at the right price and location. Comps are very tricky to understand

For me personally I am in it for the cashflow. Its taken time to get this right and enjoying this. 

Its cliche but property management and sourcing good tenants will make or break you in this market

I personally think its worth having a crack at this market, chipping away slowly and look at returns. For me I need 15% net returns pa..... not gross

Hi Chris

Are you in any way associated with Isaura’s business?

Would you care to share property details.

Thanks

Plenty of inventory, the issue is property management, dont get this right and you go backwards

Thanks for this. Do you have any contacts, I am working through this. 

I wonder if these lower end properties are much higher risk?

Hi All

Just looking at this market

Would be interested on whether it cash flows and what is the price point for C/B grade areas

I know a broad question but interested in hearing from locals

thanks

 Very very carefully;)