March 10th, 2010 • 16:03
Is it possible to make up 40 to 50% profits on an investment/real estate/properties and how long does it take?
I am from France and wish to invest in U.S. More questions below, thanks much.
If it is not the case, what would be the commissions taken by the intermediaries?
Is it needed to prove the provenance of the funds? If yes, is it as complicated that to invest with a federal trader?
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Mar 10th 2010 • 17:03
by Drizztjlw
The U.S. real estate market is slowing down right now so it might take a while.
Mar 10th 2010 • 17:03
by bathagent
50% profit (I’m guess you mean the value of the home?) is unlikely in less than 5 to 8 years. You can find great investments however that provide a good cash flow.
Commissions vary from state to state, however sellers in this country pay much of the transfer tax and sales commission. Be aware however that as a foreign investor, the closing agent will be required to collect taxes up to 30% (I believe) of your profit for income taxes when you sell the property.
“Provenance of the funds” Are you asking if you have to prove where the money comes from? Due to our Patriot Act, if you are thinking of paying all cash, then yes, it will have to be shown where it’s coming from. If you finance the transaction, then the lender will verify the availability of the funds prior to closing the deal.
Mar 10th 2010 • 17:03
by TheAnswerPerson
write to Donald Trump he’s the expert!!!!
Mar 10th 2010 • 18:03
by martha t
commissions are negotiable, you could make a good profit on an investment property. I do work as a Realtor in Las Vegas. The real estate market slow down a little. It is a buyers market right now and you could get a good deal. good luck
Mar 10th 2010 • 18:03
by satarnag
I can’t guarantee 40% to 50%. Maybe 10-20% return of investment. I am a real estate investor and broker, and I find properties that are going to be reclaimed by the bank due to lack of payment (foreclosure) and I buy them from the owner and pay off the bank in all cash at a 20-95% discount. I then turn around and sell these properties to the public at retail prices within 1 to 6 months.
I am licensed in the state of California and my company is licensed and registered with both the federal and state government. If you’re interested in investing in real estate, let me know. I will put together the project we are working on as they become availlable, expected costs and profits after resale. I will then e-mail or fax the project and paperwork to you and see if you want to get involved. You have 3 days to answer. I require that you have at least 50k in US Dollars in cash ready to be wired into the company’s non-interest bearing trust account within 5 days should you want to participate. If you accept the project and then fail to provide the funds, I will drop you as a partner in any future projects. The banks and lending institutions are very strict and I cannot afford any mistakes.
There is no commission and no middle man. I do all the ground work and I will split the profits based on the percentage of your involvement, including myself as a factor. For example, let’s say we achieved 100k in profit from the sale of a property and there was 4 equal money partners involved, each one of us will receive 20k in profits.
The average price range of single family homes that can be bought in my area (Orange County, CA) is $600k, The current average sale price is $800k. Reaching a profit of 100k is very possible. All expenses will be itemized. I also do not charge for my services of negotiating and selling of the property.
http://www.zillow.com/search/Search.htm?citystatezip=92604&mode=browse
Contact me only if you’re serious about investing.
Regards
Mar 10th 2010 • 19:03
by Frank B
if it can only be the US then the ROI being asked of will depend on all the market dynamics and usually opportunities such as the one you mentioned will be swallowed up by those with local market intelligence and presence. star developing nations may be a better option if you are interested in very high returns (30% +) in short periods of time (short by western european standards means 6months to 1year). in developing nations the rules are also much more flexible (not necessary to disclose the source of funds) and have the attraction of being tax-free.