10Nov

New Forum on this blog!

9 comments so far

I have added new forum to this blog. There are quite many visitors on this website every day and we all have the same interest – in investing in US Real Estate. The best way how to find answer to any question is to ask the people who have the same interest and therefore I think that we could all share our knowledge an opinions on our new forum. You can access the forum through the link at the top of the page. I have created four main categories so far and you can add topics and posts even without registration. However I recommend anyone to register, because in future this will be mandatory anyway. If you have any suggestions for other categories, let me know.

Categories: NEWS

Tuesday, November 10th, 2009 at 8:49 pm and is filed under NEWS. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

9 Responses to “New Forum on this blog!”

  1. Posted by Rob 7th January, 2010 at 10:20 pm

    Hi,

    I admire your progress to date. I am Australian and have just registered a US LLC with the aim of buying condos in Las Vegas. I am trying to set up a US bank account under my LLC, but I seem to be getting the run around from HSBC. Did you set up your account from Europe or in the US? Was it under an LLC? How long does it take?

    Thanks again for all the info.

  2. Posted by admin 19th January, 2010 at 4:19 pm

    Sorry for a little late response. I set up my business bank account in citibank in Las Vegas. I worked with Larry and I can absolutely recommend him. I called him from Europe and he told me which documents I will need. Then I met him personally and we have set up the account within half an hour. When I have a problem or a question, I can always call him and he is very helpful..

    Contact to Larry:
    Larry Hehir
    Personal Banker
    495 E. Silverado Ranch Blvd
    Las Vegas, NV 89183
    Citi Bank #257 N.A.
    Phone: 702-492-1643

  3. Posted by Vicent Selleck 8th April, 2010 at 6:02 am

    Hi, we have found it almost impossible to setup a US bank account without being there and HSBC is the only option to date to do so from Australia. Your friend from citibank could do so once you arrived, but not before. The process with HSBC takes about 3-4 weeks and their standard charge is $200. Some of our clients have found that if they open an Australian account and deposit $2000 that HSBC will open the US account for free. They will also only open an account in a personal name, not the LLC name. Not very neat, but in the end it is an accounting issue without major ramifications for asset protection.

    We also have an accountant in Australia who is a joint US and Australian tax agent and he provides all our clients with 1/2 hour free consultation to help new investors understand tax and structuring issues.

    It is fairly easy to setup your own LLC’s, though some of our clients needed the closing lawyer in the US help them ensure they were setup correctly before closing.

    I am happy to help others by sharing our experience. email me on vincent@888wc.com.au.

    Many thanks

    Vincent Selleck
    02 66857888

  4. Posted by Ross Strachan 30th July, 2010 at 10:20 pm

    Hi, i am a Australian and just starting to learn about buying property in USA and hopefully will buy within a few months, i am planning a trip to Vegas end of Sept. In regards to setting up a LLC, does it matter what state it is set up in, and what state you end up buying in? I wish to get my LLC and bank account all organized asap, but still researching which state i will buy in. Also how do we get by without having a address in America?
    Thanks if anyone has answers to my questions.

    Regards,
    Ross Strachan

  5. Posted by Larry Hehir` 12th September, 2010 at 6:36 pm

    I will help you with any banking needs my number
    702-492-1643

  6. Posted by Ronald Y K Tan 23rd November, 2010 at 2:49 am

    I find your info very useful. I am from Singapore and almost bought a US condo during an exhibition in Singapore. I am glad I did not proceed as I would have made many costly mistakes. I am learning more from your website before making an investment move in a US property.

  7. Posted by admin 3rd December, 2010 at 11:14 am

    Thanks! Stay tuned, because I am just purchasing a new property this week, and it looks VERY promising with the returns. I will write a blog post about that soon.

  8. Posted by Jindou 31st December, 2010 at 2:20 am

    Hi there, I’ve created a website which helps overseas investors with understanding how to invest in the US.

    If you get some time have a look at http://www.howtobuyamericanproperty.com

    I hope your investments go well.. and hope to actually chat to you at some stage.

  9. Posted by Jacinto Longhini 16th January, 2011 at 4:21 pm

    Hey very good weblog!! Guy .. Beautiful .. Amazing .. I will bookmark your blog and take the feeds
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