New Investor from Singapore

[Albert Limm]

Hello there!

My name is Albert, and I have two kids and a wife and live in Singapore. My wife spends most of the time here but goes to Canada frequently as well for her business.  I am totally new to US real estate but do have properties here as well as in London, Indonesia and in Auckland. I got into the market here in the recession in 2008 which led me to make some healthy capital gains. However, it is way too expensive to invest here now, in addition to the cooling measures. Furthermore the really low, sometimes none at all rental returns currently makes it impossible for me to invest here. 

I'm primarily interested in investing in cash flowing markets in the USA and I understand areas like Kansas City, Chicago and Indianapolis do well. Looking at MFRs but SFRs are fine too.

I would love any help and assistance on where to begin as well as pointers (tax etc.) and happy to be here!

Cheers,
Albert

[Scott Steffek]

Albert,

Welcome to BP. I agree with Paul B. Indiana is much more landlord friendly than Illinois. My property manager has evicted people in less than 30 days! PM if you'd like more information. Best of luck to you.