Hello all,I'm American, but travel to the Sydney, Australia area very frequently.

Years ago one of our engineering classmates worked for ATCO in Australia & they built them & he shipped them to Saudi etc.

Take a cruise, tour Europe, Asia, Australia, etc.

I know Japanese who invest in the US, got more than a few US clients who invest in Japan, and my mom (plus many others like her) won't look past Australia, even though you'd have better chances finding the proverbial needle in a haystack than finding a positively geared property anywhere but in mining towns down under (and these are here today gone tomorrow - not to mention you'd be hard pressed to buy one property for the price of five in the US these days)...and it goes on and on..

I live (mostly) in Australia, where the real estate scene is similar (actually a bit more growth oriented) - when real estate capital gain potential stopped providing reasonable reliable promise in 2007, I looked for other countries which did.

Apparently the owner passed away in a foreign country and his parents who live in Australia, I heard it is in probate but it is also being foreclosed.

Australia while visiting last year.4 bdrm sprawling ranch that I bought while @ University & rented rooms (but it soon became our beer soaked mech eng faculty frat house).Got it for $2,400 back in '70, owner hold 2.5%.

I enjoy the hands on ESP if it's a rehab.I have a great team that gets things done but the wife handles all the accounting.I have done a lot of deals without even seeing the property other than 'google earth'.While in Australia last year I did 3 deals online making enough to pay for the entire trip.

When in Australia (& being an Aussie Citizen) we opened bank accounts holding the equivalent of term deposits for 7.2%.

HelloI own a condo (located in a homeowner's association community) in Henrico County, VA and need a PMC to take care of it when I move to Australia - permanently - in July.