There is a hedge fund representing an Australian buyer who owns 71 buildings in Bushwick.

@Joseph Morell I am a cash buyer@Ned, thanks@Minh L Its still going up (no one knows why lol) yes I bought the property site unseen, I have an Australian friend who lives in KC he checked it out for me, I also got a building and pest inspection done.I am planning a trip late this year to KC.

For some reason it is our fault because inevitably we (as a community) have to pay.I am an Australian and we see the same thing here, it is a pattern of corporate greed and failure that repeats and repeats and repeats.

TURNOVER - $250MROI IN LESS THAN 2 YRS. 60% gross in 3 yrs. possible sold out in 5 yrs.This is True because a Lot of foreign investor sweedish, australian & korean have prosper here.Serious Investor are subject to come over for verification.

I'll find this out tomorrow..On this topic, once my ITIN is all go, I'll swap my NZ or Australian AMEX over for a USA one (they allow this) and that might give me a decent score to start with too...

Alot of Canadians and Australians are looking to get into the Houston market.There are publications and websites up there that you can advertise the home. 

Getting an attorney queued up to review collateral for an expected purchase as well as selecting a servicer in advance of the purchase are critical prerequisites to have in place. 

A lot of people made a lot of money in Australian realestate in the last 7 years.It is becoming harder and harder to find good deals.

I wanted to share a quick story that might help someone else.Last March, we bought an investment property SFH here in Ft Wayne from an owner that was an Australian citizen.About 2 months after our purchase, we received a letter from the IRS requesting our Form 8288 and appropriate funds.

Hi Guys,I'm an Australian looking to get into buy and hold in the US market.