Welcome to the

              USA Property Club website

Our organization was formed with the view to helping Australians or anyone living outside of America looking to invest in the American Real Estate market safely and with "no fuss" paperwork, while the market is full of very exciting positive cashflow properties from as little as a low $40K's AUD, it takes some experience and time to filter out the properties sometimes represented as 'cash cows' by brokers and combined with some poor property management practices found around the USA, it can sometimes leave large numbers of investors with disappointing liabilities instead of cashflow.

After 6 years of purchasing large numbers of properties in North America, we are offering our services to give you the security of our group structure to supply you with all of the most important ingredients for a successful investment, professional management in place, contacts for tradespeople, attorneys, insurance, and myself overseeing your purchases, emails, etc. 

The Australian Dollar is very strong, it's an ideal time to invest & travel to the USA and there are some terrific properties available, so why when the dollar is around 90c plus, so why are you waiting and miss out on this market opportunity, and in coming years or months when the Australian dollar drops, your rent returns could increase by 30% buy doing nothing at all.

Below is a short summary of the 3 large American cities we recommend for investment, Buffalo, Rochester, Detroit & now Luxury investment units in Portugal :

BUFFALO  PROPERTIES : Access to all resale of general properties on the real estate market, foreclosures, distressed sales, renovated properties, presented to you by a broker, specializing in overseas investors and can advise you about associated information about  vendor financing, rent /buy information, but we do suggest buying properties outright, until you get on your feet, although some very experienced investors may want to explore those other options available.

OR

ROCHESTER PROPERTIES : Access to fully renovated properties, renovated properties far superior in quality than I have seen in my 6 years of purchasing properties in the USA market, usually with a stock list of generally more then 10 properties to choose from, with prices starting from $39,000 USD.

OR

DETROIT  PROPERTIES : We can now offer you through our contacts, fully renovated properties, with 27% pa. rent returns, and up to 60% discounts on last years valuations, with a 5 year government backed guarantee on rent & maintenance. With a good stock lists of brick properties to choose from, prices starting from $52,000 USD.

OR

NEW UNITS in PORTUGAL : We can now offer you through our contacts, fully furnished brand luxury new units (completed),  low money down only $12,000 AUD , 25% discount on bank valuation, free legals, 75% finance, developer pays your 25% deposit, for full details on these units, areas, financial etc, just ask.

With  instant equity of $340,000 AUD, high rental yields of up to 8.6%, why not at least consider these investments and start looking outside the square.

It's easy to join,  and then start buying properties, you are welcome to email me directly on USA Property Invest Club@ hotmail.com  or  phone my mobile on   0412 606 334   or   (02) 6554 4632      

                                           Club Membership only $3,950 USD 

                                                  Includes your first purchase, with subsequent purchases only $950 USD for each unit

                                          We welcome the opportunity to present to you a Membership Quote for the growing number

                                                                      of investors taking advantage of our experience.

                              Our primary objective for this club, is to set you up

                               with everyone you need to successfully purchase

                                    and run your investment property from here.

                                     Below is details of the service we offer you,

We have professional property managers in place in the cities we suggest you purchase. The property manager in your city will pay property accounts, collect rents, give you statements every month and everything else you would expect from a property manager here in Australia.

I will always make myself available to you for any problems that may occur or maybe just to walk you through  any paperwork or the contract details, if needed, I will complete all your IRS and other government compliance in time for settlement (closing).

We can also assist you in opening an American bank account with Bank of America.

Being part of our group gives you priority for any additional services or information that becomes available from time to time ie. including any  finance package we are currently working on.

As all investors are different in the level of assistance needed, we are always flexible as to the amount of extra time we may need to give to some clients.

Below is a typical time line of events you can expect, once you join the club, This subject is very important, as some investors can be very excited  and think if they join today, they can own a property tomorrow, it's possible, but not likely, and I always appreciate peoples enthusiasm, but remember you (we) need to be selective and not rush into buying ordinary properties.

Within 1 week you should have received  your DVDs, made contact with your future property managers,etc, 

Then 2 to 6 weeks you should have found a suitable first property to purchase, within another 4 to 5 weeks the properties should have settled (closed) by this time you may want to purchase more properties, but it depends on your comfort level as there is a lot of information to take in , but normally after the first property purchase it will become second nature to you . But I have had new club members buy 5 properties within days, and enjoyed the  entire experience. 

COST & SERVICES   WE DO NOT INCLUDE   in your membership fee,          

So lets start by listing the things your membership 'does not include' to help you understand our inclusions :

 The purchase price of the property.   The transfer cost leveled by banks when sending funds for purchase, documents i.e. FedEx,   Building Purchase Inspections, strongly recommended, but optional.   The legal conveyancing cost associated with the purchase of any property, stamp duty etc usually between $1400 and $2000 USD depending on the size of property, the pro rater of city taxes (council rates) etc.   Any overlooked costs needed for minor repairs, maintenance requested by the nominated manager to prepare the property for tenants.  Building Insurance, normally approx. $600 USD Insurance must be in place at the time of settlement (closing).    

                                    To all our previous clients over the last 6 years of business

                                   in the USA Real Estate market & under different structures,

                                      our support & all previous agreements will always apply.

We will always be available for assistance but please be patient and persistent - we are a small service and we often become very busy!

Regards

John Roberts

Email  :       USApropertyInvestClub@hotmail.com

Phone :        Mobile  0412 606 334 (available 7 days)

                         or  02 6554 4632    

Disclaimers :

Financial Advice:

We receive no commissions or financial gains from our nominated contacts for financed products obtained in the USA by you. We do not attempt to or give financial advice we are not licensed financial advisers and we strongly advise, before purchasing any properties you seek independent advice from your solicitor, accountant or a licensed financial advisor.

Conditions of Trade:

While we will not change, and will honor all previous agreements, made over the last 5 years. We reserve the right to change our conditions of trade, at any time without notice, to endeavor to offer a more improved service to future club members.

Please Note :  

All care but no responsibility is taken by John Roberts or USA Property Club for any quoted returns, all returns are subject to change due to currency fluctuations, vacancy periods, normal maintenance and repair costs. The property will be managed by a nominated management company in that area, USA Property Club or John Roberts takes no responsibility for the actions of the nominated management company or their employees, but please remember, we will be there to help address any problems that may arise.   

___________________________________________________________________________________________________________________________________________________               

Wednesday, December 2, 2009

THE BUFFALO NEWS

Area's housing market hottest in Northeast

Median sale price is up 4.8 percent 

The median price of existing homes that sold in the Buffalo Niagara region rose by 4.8 percent, to a record high of $119,700, during the third quarter, according to a quarterly survey released Tuesday by the National Association of Realtors.

The price increase was the eighth-highest among the 153 metropolitan areas included in the survey and the highest in all of the Northeast.The housing price growth locally stands out even more considering the painful slump that the residential real estate market is enduring nationally.The average median sale price across the country tumbled by 11.2 percent during the third quarter, to $177,900, and now is $44,000, or 20 percent, below the median of just three years ago.

Prices dropped in eight out of 10 U.S. metro areas during the third quarter, as heavily discounted distressed sales made up 30 percent of all deals.

But because home prices in the Buffalo Niagara region never soared during the decade-long housing boom that ended in 2007, local housing prices have been insulated from the steep declines that have plagued higher-flying areas. The median sale price locally has increased by nearly $22,000, or 22 percent, since 2006.

Resale prices in the Buffalo Niagara region remain comparatively low, making homes here relatively affordable, which allows buyers to avoid putting excessive strain on their budgets to make the leap into homeownership.

The $119,700 median sale price of homes in the Buffalo Niagara region ranked 129th among the metro areas surveyed during the third quarter and was more than $58,000 below the national median.

The modest growth in the local housing market is in marked contrast to the weak conditions throughout most of the rest of the country, where home prices continue to erode.

"The decline in the national median price has moderated recently, and a shrinking supply of unsold inventory suggests we are getting closer to price stabilization in many areas," Lawrence Yun, the National Association of Realtors' chief economist, said in a statement. "But we need a steady stream of financially qualified buyers to further reduce inventory and get us to a self-sustaining market."

Prices in Fort Myers, Fla., plunged 40 percent from a year ago, to $98,000, the worst in the nation. Las Vegas saw its median price tumble almost 35 percent, to $138,500, year-over- year.  The largest price gain, by contrast, was in Cumberland, Md., where prices jumped 19 percent, to $122,100. Davenport, Iowa, followed with an increase of 14 percent, to $115,600.