Why Choose Us?

Buying in an overseas market can be daunting without the right connections and help. You will almost certainly need more help than just finding the right property.

We guide all our clients through to completion and beyond with all the neccessary tools to make sure your property investment runs smoothly and remains profitable for years to come:

So why choose us?

Property Acquisition. We have very strong relationships with banks offering us foreclosures before going to market, saving you thousands of dollars.

Property Management. A key person in your investment. Our recommended manager manages our clients properties ONLY.

Refurbishements. All our properties are refurbished using our own team of tradesmen.

Financing. You’ll likely know by now that we are the only company with a mortgage facility for all our clients no matter what nationality you are.

Title Company. Our recommended title company issues a warranty deed and title insurance on every property.

US accountant. Our accountant is based in the UK and happens to be one of only 3 US notaries in the UK!

Insurance. This year, we’ve saved clients 50% on insurance premiums with our recommended insurer!

Tenants. We only place section 8 tenants making sure your rent is paid directly from the government.

After sales support. Our clients know that we’re here to support you whenever you need us.

download our Detroit investment decision guide.

Foreign buyers spent a whopping $82 billion on U.S. properties in the past year

Some interesting stats on foreign buyers investing in the US property market.

Foreign buyers spent a whopping $82 billion on U.S. properties in the past year (with the year ending March 2011). This is a $16 billion increase over the previous year. The National Association of Realtors came up with this figure in its recently released report, 2011 Profile of International Home Buying Activity.

U.S. homes (especially with the recent housing market challenges) are less expensive than comparable foreign properties. Owning property here also offers rental opportunities for foreign investors and the opportunity for massive capital growth.

Interestingly, Canadian buyers still remain the largest percentage of foreign buyers, weighing in at 23%. Canadians have topped this bracket for the last four years. Chinese buyers were second highest, at 9% and India, Mexico and the United Kingdom tied for third.

NAR’s report says the average price paid by these international buyers was an impressive $315,000. That’s nearly $100K above the U.S. buying average.

Top buying places include; Memphis, Detroit, Atlanta, Florida and Arizona for foreign investment.

Interestingly, the high average price paid for property at $315,000 is way above the cost of buying in some of our target markets like Detroit, where you can invest in our program from $36,000 and receive a return on investment above 13% on every deal!

download our Detroit investment decision guide.

USA Property Investor is on the move….

We’ve moved……

We’re in the throws of moving offices this week, so I apologise to those that follow our newsletters as I haven’t sent anything out for a couple of weeks.

We’re not moving too far and our office phone number is still the same. Feel free to call us.

A warm welcome to our newest member joining our team that some of you will get to know well, so give Alison a call or email her at, alison@usapropertyinvestor.co.uk

You’ll also notice some small changes on the website, facebook ‘like’ button is now active, new images and property deals, latest news content and more free downloads.

Our Detroit program is still going strong, more of you are joining our program each week and taking advantage of our available financing options. For those that would like a refresh, click the link below for our Detroit decision guide PDF and see exactly what we’re doing for our clients.

download our Detroit investment decision guide.

Seven most commonly made mistakes investors make when buying property in the USA – Pt7

Rental profits
Like all out of town investors, you will be using a trusted Property Manager to manage your property day to day. Your agent will collect the rents and pay you your rental profits. A UK-US dual tax treaty makes this financially advantageous for us.

However, you must obtain an ITIN (International Tax ID) number before you can receive rental profits. Your Property Manager has a duty to hold onto all rental profits until this is in place. Make sure you apply for this as soon as you can.

First off you will need a foreign notary to certify your passport. You can use any notary in your home town. This will be sent to HAGUE for approval. Only then you can apply for an ITIN. The whole process takes approximately 8 weeks.

Seven most commonly made mistakes investors make when buying property in the USA – Pt6

Section 8.
‘Section 8’ is our equivalent of housing benefits. Your tenant has a portion of their rent paid by the state based on their financial circumstances. Buying property that is ‘section 8 approved’ with or without a tenant is a good sign that the property is up to ‘code.’

Each year an assessment is made on the property and a section 8 is extended providing it is in good working order and meets the criteria as set out by the state.

If you’re buying a property that is section 8 approved make sure it is up to code. In the event that it isn’t then at the next annual assessment benefits to the tenant will be held until the property is brought up to code.