Happy New Year! As you probably know, our new website is finally live. Some of the new features include a search for the topic you want, an interactive blog, and more user friendy design. Let us know what you like and what you want added.

We hope to see you at our live event next week when our Dallas team shares the latest data and information on Texas- January 13/14.

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Financing

Interest rates are still in the 5's. If you have been considering buying income property, you have until April to lock in artificially low interest rates. Remember, low interest dramatically increases cash-flow!

We have been told that the lenders in Birmingham, Indianapolis and Dallas can finance up to 10 properties! Get a free quote from one of our preferred lenders.

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The Market

I have been invited to speak to a group of over 1000 investors in Australia next month. I am thrilled at the chance to visit the land "down under," and discuss my favorite topic:  the unprecedented deals here in the U.S.!

I must say, reading the promotional material for the event was very revealing. Basically, the world sees the U.S. as an empire in meltdown, and now as a prime opportunity to swoop in and buy a piece of America.

The declining dollar makes the purchasing power of the Australian dollar twice as good as it was. And with property values down 50% in many areas, the cashflow is quadruple what it was.

Several of the Aussie investors had already bought in the U.S. during the peak, and even then said the deals were better than anything they could find in their homeland. But now, the cash-flow is so good, they are aggressively seeking credit lines and pooling money to pick up as much U.S. property as they can.

So... the moral of the story is that sometimes we don't know how good something is when we see it everyday. It just becomes normal to us. But one thing the Aussie's wish they could get is some of that cheap American financing. But alas, that's only reserved for us.

To Your Wealth!

Kathy Fettke and The Real Wealth Team

Tags: Dallas, Financing, Interest Rates, Mortgages

This entry was posted on Friday, January 8th, 2010 at 12:01 pm and is filed under The Real Wealth Report. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.