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  1. kruegs

    Purchasing a Property in Houston (Spring)

    G'Day Wolfy, The main benefit I saw in purchasing cash is that I am then not having to seek finance, and also am not exposed to Debt in US (in the event of increased strength of US against AUD). Downside is I have to use my own cash, but I am happy with the prospective returns. I used...
  2. kruegs

    Investment property from outside the USA?

    I looked at some of the 'middlemen' focussed on Australian investors, and while I think there may be some offering a decent service, they were not fully delivering on their promises of 'well priced property', arraning bank accounts or finance. In the end I ended up identifying an area that...
  3. kruegs

    Purchasing a Property in Houston (Spring)

    Hi there, Paying Cash for the property, but looking around suburbs such as Forest North in Spring. If I were looking at slightly higher end property I would look at Bentwater estate around Lake Conroe. Lake Conroe Waterfront Homes, Properties & Golf - Bentwater Yacht & County Club Cheers...
  4. kruegs

    Purchasing a Property in Houston (Spring)

    Spring area Hi Speedy, Yes, looking at this area as I am a bit more familiar with this part of Houston (than I am with Atlanta) having travelled here for work a few times. Also have some work colleagues who are moving into the Woodlands / Lake Conroe / Spring regions of Houston. In...
  5. kruegs

    Purchasing a Property in Houston (Spring)

    Hi there, I have identified a single-family home I wish to make an offer on and hopefully purchase in Houston. This is my first purchase in USA. I have a Texas registered LLC. Is it sound to have the listing agent act as 'Intermediary' or should I really be looking to enlist a 'Buyers...
  6. kruegs

    Purchasing Property in Atlanta , GA

    Hi Arthur Jackson 66, Thanks for your feedback. I have considered dealing through US Invest. I gather from your email you found them to be a good assistance? One aspect I wasn't sure about was whether their properties were priced in line with the market for that area, and also whether the...
  7. kruegs

    Best way to Convert Currency AUD--> USD for Purchase

    Hi there, I just wanted to ask, in the absence of establishing a US bank account, what methods people have used for: - Converting Australian currency to USD. - Then transferring these funds to complete a sale. I would like to do better than the current Bank exchange rates and the...
  8. kruegs

    Purchasing Property in Atlanta , GA

    Hi there, Thanks for your reply. Without borrowing any funds for the purchase, I Am targeting a 10-13 percent net return on the purchase price, excluding potential for capital appreciation. Achievable in Atlanta? Interested in views on which areas offer good potential, and referrals on good...
  9. kruegs

    Purchasing Property in Atlanta , GA

    Hi there, I am an Australian citizen, interested in purchasing property in the Atlanta area. I have registered an LLC in Georgia already, but would like some further advice. - Is there a registered and reputable agent in the Atlanta area that can assist with a property search. I am...
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