Starting in Real estate, living outside of the US

[Chen Ron]

Hey there! 
I'm new to the forum so nice to meet everyone :) 
I'm 26 y/o,  US Citizen living abroad and really want to start investing in US real estate. (The market where I live is very expensive).

I have around 40k free to invest. and the goal is to generate enough cash flow to quit my job in 10 years.

I would really appreciate any recommandations on how should I go with it, which markets should I start looking at. What books/information should I get in order to get the right information. What methods will help me get to my goal (SF /MF / BRRRR / etc...)

I feel like getting into real estate is hard enough when you want to start to invest in your market, so trying the first deal in a different market is a big challenge for me, but I'm up for it.

Thanks a lot!

[Ernst S Coriolan]

Hi Chen!

As others have said the midwest is a great place to start! Im partial to Kansas City as I'm a realtor here, but other cities to consider would be Indianapolis, Columbus, Cincinnati, Oklahoma City, and Detroit. All of these markets have a low barrier to entry, a great rental market, and steady appreciation. 

Kansas City has had a lot of updates to the city. The airport just finished a massive renovation to accommodate more flights. Public transportation is now free and the rail car system was expanded, the city has also secured several grants to create a solution for transportation to and from the airport ahead of us hosting the World Cup. Google and Meta have built data centers with the prospect of a Meta campus in the near future. Walmart is building a meat distribution center and Panasonic just broke ground on an electric vehicle battery plant. If you want some more info check out some of my other posts on KC or shoot me a message. Happy to talk about the market!