All Forum Posts by: Reed Goossens

Good stuff mate. 

I will touch base next week. 

If you wouldn't mind give the podcast a 5 star review that would really help! 

Cheers

Reed

Hey @Federico Gutierrez

Thanks for reaching out! I am actually in Noosa at the moment with family enjoying the beautiful Aussie weather. I fly back next Thursday. 

So like all podcasts I pre-record and I have a bout another 9 episodes recorded and I cover everything from taxation, to 1031 exchanges, to syndication investing, to setting up all the back end stuff needed to operate and own investment properties in the US. I also chat with a guy from AFEX talking about how international investors can get money in and out of the US legally. Its all in the coming episodes. 

In regard to your particular questions; you should always hold a property in an LLC, if it is rented, for asset protection. Its very simple to set in each state; EP 4, and the upcoming EP 6, I speak with two guys who have business that aid international investors get set up in the U.S. and one of the steps is setting up an LLC.

As I focus on syndication investing for multi family acquisitions I deal with all the LLC organization for acquiring the asset we purchase. I always advise my international clients to set up an LLC (or holding entity) to transfer money into then they can invest in other LLC's, or use that LLC to buy their own investments.

More than happy to jump on a skype call to connect. I love chatting with other aussies killing it in the U.S.

Let me know!

Skype ID: reedgoossens

Cheers

Reed

Hi Joshua,

I just left a msg on another one of your threads. Email me at [email protected]

@Joshua McGinnis to discuss. 51 unit ground up construction deal in Westlake. 

Reed

HI Joshua, 

I am working on 51 unit development deal in Westlake, looking for JV partners (with capital). Eamil me at [email protected] to find out if we can work together.

Thanks

Reed

Hey guys!

I have just launched my new podcast! Investing in the U.S. - An Aussie's Guide to U.S. Real Estate, it is a podcast for international investors, and real estate entrepreneurs, looking to break into the U.S. Market!

I am an Australian investor that moved to the U.S. 4 years ago and I had to start from scratch! Learning the world of U.S. real estate investing; I had to navigate all the jargon, and pitfalls, so I decided to start this podcast to help others break into the U.S.! We interview industry leaders, and successful real estate entrepreneurs, asking straightforward and down to earth questions about how to grow your wealth by investing in U.S. real estate.... With just a little bit of an Aussie twist!

I hope you all can listen and subscribe! I am also looking for guests for my show, so please reach out and tell me your story!

Check it out on itunes and soundcloud

I release an episode every Tuesday! Based in Los Angeles

Cheers

Reed

Hi guys I am about to finish a flip in philly and want to get out of the high IR hard money loan and hold it and try and sell in the summer. Any suggestions for smaller lenders with competitive rates and move quickly? Even private equity options would work. Reed

Hey guys, I am looking to increase my online presence with a few informational YouTube videos on multi family investing, my experience/background and what my company does. Can anyone give me some advice on; - scripting writing? Do I need it or just wing it. Who can you recommend to help me write it, don't want to sound boring in front of camera. - on camera presence and energy? Any techniques? - video editing techniques? Like editing all pauses and "um's". I already use fiverr for editing stuff I can't do on iMovie. Let me know. Cheers Reed

Hi All,

A colleague of mine purchased a piece of land (1/3 of an acre) in Eagle Rock, Blue Mountain PA. She was lured into buying it in the hope that the area would take off.

She doesn't have the capital to build a house and would like to break even; just walk away (very motivated seller). Had enough of her money being tied in something that isn't appreciating like she had expected.

If anyone is interested, or know of anyone, please PM me to my biggerpockets inbox. Or, if you have some useful advice about investing in the area it would also be appreciated.

Regards

Reed

Thanks for the advice. Much appreciated.

I am an interstate investor (newbie) looking to begin my RE investment portfolio in Pittsburgh.

I flew to Pittsburgh last weekend to view some potential investments. I would like some feedback from other Pittsburgh investors/locals. I was shown around by a local property manager and I wanted to verify some of the information given to me.

1) 3bdrm properties, built 1920-1930's ranging $25K-$30K with some rehab work ('turnkey'), I was told rents could fetch $700+ per month. is this true? the two properties in question were in Pitcairn and the other on Estella ave.

2) As I was only in Pittsburgh for a day so it was difficult to gauge whether Pitcairn and Estella ave are places people want to rent. Any advice..?

3) With property prices so low how is the rental market? Properties are so cheap that people can just buy rather than rent.. any advice on this?

4) Typical expenses were quoted to me as: 15% (approx.) taxes, 8% insurances, 10% -13% utilities.... are these values typical of the area?

5) Can anyone recommend good property managers?

Any feedback/advice would be very much appreciated.

Happy investing.

Reed