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Updated over 6 years ago on . Most recent reply

User Stats

67
Posts
37
Votes
Christopher G.
  • Rental Property Investor
  • Hohenfels, Germany
37
Votes |
67
Posts

Active Duty Military: Attempting to invest from overseas

Christopher G.
  • Rental Property Investor
  • Hohenfels, Germany
Posted

Hey everyone, I'm currently stationed in Germany on active duty. Own a few SFH rentals and flipped a few, still a newbie. My wife and I plan on staying in Europe for a few more years but we are looking into purchasing a 2-8 multifamily unit either in TN or NC around the large Army bases where we have previously lived and know the area. I have a trusted realtor at each location as well as management firms that I currently use. The management firms will arrange for necessary repairs after purchase and then take over managing the place. I would not be able to get a first hand look personally, would rely on realtor and inspection report. This is risky I know, looking for what are the immediate concerns that make you experienced investors cringe at this idea.

Thanks

Most Popular Reply

User Stats

67
Posts
37
Votes
Christopher G.
  • Rental Property Investor
  • Hohenfels, Germany
37
Votes |
67
Posts
Christopher G.
  • Rental Property Investor
  • Hohenfels, Germany
Replied

Thanks fellas.  Currently working with one of my property management companies that actually sells, buys, and manages properties, also will arrange for repairs.  A one stop shop and I've worked with them since 2006.  Going to try and purchase a condo through them on the lower end of the scale to test the waters before I hopefully move onto more and bigger deals.

Thanks!

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