Making U.S. Investing Profitable

My foray into U.S. property commenced almost 9 years ago now.

We had been investors in the Australian market for some time, and, like most investors, the Australian market felt safe… Strong growth, and it was a market I was familiar with.

Fortunately, I had been coached and mentored by some of the best property coaches in Australia, so we certainly only looked for positive cashflow properties, even here in Oz.

Student accommodation, small developments, splitters, whatever we could do to ensure cashflow (however small) and growth.

Being a student of property, I attended a seminar back in 2012, and a couple of the speakers were talking about investing in the U.S. residential market, through either high cashflow properties, or tax lien investing.

This piqued my interest, particularly due at the time, we were involved with some other investors in a development in SE QLD which had the majority of our funds tied up, and we had been in ‘discussions’ (read fights…) with council for some 12 months already, and we were going nowhere…

So, affordable, high cashflow properties, that I could purchase for less than a deposit, here in Australia, was extremely interesting…

Like most though, I started looking for the catch…

I was due to head to the States within a couple of months for my work anyway, so vowed to check this out and see if what they were telling me was true or not…

And, much to my surprise, it was.

Here’s the thing though, it certainly wasn’t necessarily an EASY market to invest in, I mean I knew nothing about it, made all the mistakes to start and had made nothing out of our first few investments.

I mean I was sensible enough, and had been in property long enough not to lose a fortune as well, but after 18 months was going nowhere in the U.S. market either (and our AU development was still locked up…)

Frustration was really starting to set in.

So I sat down one Saturday morning, at our favourite coffee shop and started to formulate a plan of action… Where to from here…

I needed to either ditch the U.S. market altogether, and focus on our developments here, or, if I was going to keep trying the U.S. I needed help.

I realised the main difference was that I spent years learning the Australian market before investing, but took NO TIME to learn the U.S. I just jumped in.

So, I decided to give it another shot, this time, firstly, to find a mentor…

And while, just like here in Australia, we have had ups and downs, with help and support, our U.S. investing journey started, and we starting going from strength to strength.

While I would never have thought where it would take me, and certainly hadn’t planned on investing full time in the market, running our company, AND helping hundreds of other investors invest safely and profitably… I guess it shows that the great journey begins with a single step.

If you would like to look at just taking that first step, give me a call. Would love to chat about property, strategy and see what could work in the U.S. for you

I have cleared a little time in my calendar for the rest of the week, so go on, let’s have a chat and see where your journey can start…