Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago,

User Stats

11
Posts
15
Votes
Shalom Shore
  • Rental Property Investor
  • Buffalo, NY
15
Votes |
11
Posts

Expat Investing From Abroad

Shalom Shore
  • Rental Property Investor
  • Buffalo, NY
Posted

Hi guys!

I'm a new real estate investor currently living abroad but looking to invest in the US (My local market is particularly unsuited for investing). Baltimore specifically has attracted my attention, because I have a bit of a network there that I can rely on, and because of the recent BP article on how lucrative it is. (I am also aware that Baltimore, possibly even more than other cities, has a huge spectrum as far as neighborhoods, with some being very undesirable.)

I'm looking to invest in buy and hold single family properties on the lower end of the spectrum, my budget right now is properties costing less than $80k.

My question is twofold:

1. Is investing from long-distance at all possible? Is it possible to find a trustworthy agent who can be my eyes on the ground and help me find the right property? If yes, how do I vet them? 

2. I have seen many people insist that one actually visit the area they want to invest in. "This is not something you can do from miles away" they say. Say I take off a few precious days from work and invest in a visit. What would be the most worthwhile things to look for? What would your priorities be if you were visiting a city for only a few days?

  • Since the market is constantly changing, is it worth my while to focus on seeing some actual properties?
  • Or should it be more about becoming familiar with the city itself and trying to make some lasting connections? (forcing me to once again partially  rely on them to assess future deals)

Thanks for any advice or insight!

Loading replies...