All Forum Posts by: David Nolan

@Alexander Hunter

The market in Australia is not worth the effort on a value/risk reward basis. The costs of transacting are too high, the rental yields are ridiculously low, the capital growth is being stymied by the governments recent actions and the affordability issue for locals is causing even more issues for investors.

Investing in any property market requires the fundamentals to be in place to make it viable. One of the key fundamentals in any market is the ability to add value at the outset. If you buy retail and are not able to add value the only way you can enjoy a gain is through market movements. You will be reliant on the market going up. The challenge for investors with this approach is that they/we, as individual investors, have no control over the market. Get the timing wrong and you are looking at a downturn and loss of capital, at least on paper.

Adding value is key to giving yourself the best possible opportunity of your investment making you money. In Australia, at present the cost of vacant land is too high, the cost of labour to build is too high and the foreign investor market, which has driven our market for decades, is now under threat from government policy changes. All this means is the ability to add value is being diminished.

The market in the USA is so huge that with a bit of effort and a deep understanding of where the profits are in deals there should be no need for anyone to invest outside of the market, especially if you are a local!

As an investor in the USA market I know from personal experience, that even with the distance issue, it is a better market than the one where I live.

Hope this helps with your thought process.

@Nicholas Andrews

Hi Nicolas

I am an Aussie investor too and if you would like to PM me I can share with you an opportunity I developed for foreign nationals to buy property in the USA with funding attached.

Good luck on your journey!

@Brayden Currey

Hi Brayden

If you are looking for ways to expand your opportunities in the USA please PM me and I can share with you an opportunity for investing in the USA with funding attached.

Good luck on your journey!

@Nicholas Andrews

PM me and I will be happy to set up a time to chat with you. 

I am in Australia and invest in the USA.

@Justin Westmoreland Without knowing the full details of this deal and assuming you do, the answer to your questions is simple. Would an investor be happy with a $75K return in 90 days on an investment of $325K? The math is simple.

A return of 23.07% in 90 days, which equates to 92.3% annualised is huge.

The only question you need to ask is what is the risk. All investment returns should be assessed against the risk involved to secure those returns. High returns usually means high risk. Low returns usually means low risk. Your individual appetite to risk will determine if you are comfortable doing this deal or not.

Good luck with whatever you decide to do.

@Stewart Wyne Order your own independent appraisal. That way you get another unbiased opinion and can then have the conversation with the lender if there is a difference in the two appraisals worth discussing.

Alternatively look for another lender.

@Deborah Letich welcome to BP. I live in Brisbane and currently invest in the USA. PM me if you would like to chat about what things you can do. I am in the States at present and would be happy to chat when I get back home.

Good luck on your journey!

@Rick Pozos You are right in your view about people wanting it easy. That has always been the way for many of those less inspired to do what you do. People who work from inspiration find all the ways to do things and will do the hard yards so to speak. Those who have a temporary motivation want it easy and when the going gets tough they walk away. They have a view that is a delusion rather than being illuminated in what they want.

Why so many people fail in this business is not because of lack of information, just look at how much information is here on BP alone! It is usually because they do not value money. How do I know that? Because they will quite often say, "I have little or no money". How can you have a value around money and have none? It is not possible. People who value money always have money. They collect it, cherish it, value it and want more of it. They don't waste it on trivial things, they don't waste it on depreciating assets or lifestyle choices. They understand the value of money, how it works and how to make it work for them.

Learning about money is paramount to making money. It is money that makes the real estate business work, but so many people do not learn about money. How to make it, manage it, make it grow, protect it and value it over time. In my 40 plus years of business and investment I can honestly say that for the vast majority of the people I have met that want an easy solution they will never succeed at creating wealth from real estate investing because, unlike you, they will not do the work that is required to understand what it is all about. People listening to others on how to do things will always struggle to succeed. Knowledge alone is not enough. One must UNDERSTAND what is happening and then take positive action before they will truly succeed. You clearly understand what is required of you to succeed. That is what will continue to make you money in this business.

So, for anyone who reads this post and wants to really make money, start by learning about money  and investing. One of the best places to start that I am aware of is to read a little book called, "The Richest Man in Babylon" by Geroge. S. Clason. However, don't just read it, read it until you understand it, then practice what it teaches and you will be on your way to financial independence.

@Account Closed Your question has a lot of merit and I would suggest that one way to look at advice is to measure its value to you. If someone gives you advice, no matter what their personal motivation is, the more important questions to consider are; is the advice being given of REAL value to you? Are any actions to be taken on that advice legal? Is the advice ethical? Is the advice validated by others on BP with more knowledge and experience? Does the advice make sense to you? If you take the advice will you be in some way improved or enhanced? Answering these questions will give you more confidence in acting on advice given and the motivation of the provider becomes irrelevant.

My own personal reasons for trying to offer advice here on BP are simple. I am a foreign investor with lots of experience in property investing in Australia, and investing in general, but I am a novice in the market in America. BP has been of great value to me in my learning and I simply want to repay the community that has given me so much value. Providing help to me as a stranger without expectation of reward is amazing, so thank you to all those who contribute to these discussions. 

I have nothing to sell here on BP, but lots to gain and this community is benefited by those who give more than they take. I hope one day to make Ned's list and be recognised as a valuable contributor to this great community.

I hope this helps you on your journey!

Education is the thing people think they need to get to some place they think they want to go only to find out that what they really want is different when they get there, and then they need to get a different education to get what they now want and get away from where they are and so the cycle goes. I wonder what percentage of graduates succeed in the career they first chose by getting that education? My guess is not too many and I include myself in that category. Why? Because the individual is following a vision of themselves that will change with time, or perhaps a fad or someone else's dream for them. True vision and desire lead to a lifetime of concentrated effort and dedication in the filed of our dreams. All the greats in every field of endeavour have a passion for what they do, not just an education. 

People will pay whatever price is asked for whatever they perceive as value for money based on their CURRENT driver of desire. Sustainable or not. People like Trump and other educators simply charge what they feel is value for what they offer. We do not have to agree with that, it is just a fact. Trump perceives his brand as being exclusive and expensive and prices accordingly. It is his customer's choice to agree with that value or not. @Ben Leybovich charges what he perceives as value for his training and so it goes. There is no right or wrong it is just a matter of people's perception of values that dictates what we will pay for any one good or service.