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Updated over 5 years ago,

User Stats

5
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2
Votes
Amandeep H.
2
Votes |
5
Posts

Invest in real estate abroad for those who never invested before

Amandeep H.
Posted

Dear Moderator: Can you hide my name?  I do not want my name to be shown in the discussion. I do not where I can use a fake name on this site. Thank you so much. 

I am Canadian university student. I want to invest in real estate in different countries. I never invested before. I never invested in real estate. I do not have a lot of money.  I want to live in a different country just for 1-3 years and move to another one. I want to travel the world.   I want to buy real estate for retirement and not to depend on a job.  I want to charge rent to people. I want to get a monthly income from the real estate. I do not want to sell the real estate. 

Q1: Do you recommend I hire someone to take care of the property, to collect the rent, and to find tenants ? How do you find such trustworthy people or organizations?  Do you recommend that I buy property close to where I live?  The problem is I do not want to live in that country for too long. 

Q2: What is the minimum amount of money should I spend on real estate? Should I start small or large? 


Q3: What properties do you recommend I start with? Apartments, single family homes, multi-family homes, etc. 

Q4: I do not have money nor assets. I do not want to use my family's money or their assets as collateral for a mortgage. What do I if I do not have money and I do not have assets that I can use as a collateral for a mortgage?  

Thank you for your time and consideration in reading this message. 

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