Investing in The US from Abroad

[Dean Peterson]

Hello All,

I am very new to REI but am keen to learn more and interested in purchasing a house in the next 6-8 months.

My scenario is a bit unique in that I am currently living in Tanzania (indefinitely) but am an American citizen. I would want to purchase property anywhere in The States where there would be good cash flow and capital appreciation, even though my base is in the Chicago area.

I am looking for single family homes with a budget between $150,000-$200,000.

Given my circumstances, does anyone see this as being too risky? What potential challenges do you think I may face? Do you believe it's possible to successfully invest in the US from abroad?

Many thanks in advance,

Dean

[Pierre Butler]

Hi Dean,

There are a ton of people who invest abroad. As long as you deal with the right people. This could be very profitable. An expert in the area you are trying to invest would be ideal. State what your looking for, your budget, and your expectations up front. Trusting the right people can be very profitable for you with little to no effort. @Dean Peterson