Investing in the US?

[benjamin]

Hi guys,
I was just looking at an investing real estate page that finds cashflow positive properties in Australia and around the world. I noticed that the properties in the US were returning between 15% and 25%? Is this true or is there a catch to this?

How easy is it to get finance in the US and will any banks let you borrow up to 95% of the value of the house if you know the returns will be high?
Thanks

[bennett]

Hi Benjamin,

Have you bought property in the US before or done any research in this area ? Can you tell me approximately what the net return would be on a property returning 20% gross?

What are land, electricity, water rates etc like other in America?

Thanks

[benjamin]

Hi again,

I was just trying to think about why these properties have such large returns in comparison to Australia...What is the interest rates overseas in the United States? Why are the returns so much higher over there?

Hope someone can shed some light on this topic.

Thanks,

[aquila]

Hi

I just joined today so have no idea if this thread is still live but if it is I may be able to give some basic advice.

I worked and lived in Michigan and still have two properties in The Great Smoky Mountains in Tennessee.

A lot depends where you are in the US - and of course the property market in the US has slowed like crazy in the last 12 months the high being summer last year - sales well down this year and a buyers market.

Any help I can be just ask.