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Updated over 9 years ago,
investing into Slavic countries
hello BiggerPockets Family, im fairly new to the site as an active member.
though im allready here for a long time, lurking around and watching and listening the podcast,
well annyway here is the deal,
im interested in investing/buying appartements in Slovakia. properties there go for as low as 30k for 1 or 2 rooms, and bring in around 300 p.m in rent, up to 500k for 5 rooms in the capital city.. Life there is just a little cheaper than most countries, and in the future im planning to move there and live my life to the fullest.
but im little scared to start out, im hoping to find a good landlord soon so he can manage the properties when i buy one, becouse till im goin to live there its around 1200km drive..
so im basically hoping you guys could give me some advise on how to sucsessfully invest in a foreign country, buy frome RE bureaus, contract, etc etc etc... since im not interested in getting burnt on my first persue, looking for a mentor in this kind of investing isnt so easy i think, becouse most people will pursue rentals in their close neighborhood.
im hoping my grammar isnt to harsh on you, wishing you the best.
Greetings, B.