We used to live in Australia and REAgents would laugh at me if I said we wanted positive cash flow.

Update: There is another new STR show on Netflix called "Instant Hotel" which is set up like a reality show in Australia.

But it is very dangerous to compare the USA to nations like New Zealand and Australia etc. because our markets are driven by a shortage of available land.

We work with multiple clients who live on the west coast, and we also have a client who lives in Australia, so distance is no issue.

I had similar scenario, I am from Australia where today we are now at around 3% ROI. 

I'm a newbie from Sydney Australia trying to start investing here.

My partner was in Australia on a work trip and I got a work crew to bang it all out quickly.

Here you go: https://www.biggerpockets.com/forums/48/topics/653190-investing-in-sydney-australia

But go to New Zealand or Australia they hate people who are successful.

After rates hit 5% there a lot of quiet areas around the USA.China, Canada, Australia, California, New York are coming down already.Fear has not set-in yet, but doesn't it feel like something big has happened?