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Updated over 4 years ago, 03/15/2020
New to the US market
Hi all
I have been investing in Australia and the Philippines for the past 15 years.
I lean towards buy renovate and rent , but also looking at renovate to sell as well .
My wife and I have 7 rental properties and 2 commercial properties we also have some experience with renovating properties (3 so fare ) and we have done ok doing the work ourselves.
I was curious to know about potential opportunities to invest in property in the US and if it is at all possible or even worth while .
Thanks
Bryan
Welcome to BiggerPockets! Truly nice to meet you. Good luck going forward! Hope the best for you going forward in 2020!! I suggest finding an area you are interested in pursuing. There are a lot of great places. And become active in the forums to network with others in that region. I wish the most success in your new adventures!!
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@David Greene and @Brandon Turner has some good ones.
Thanks Anthoney
Much appreciated .
@Bryan Yokoyama Bryan we just started up a kind of side-Aussie thing here a couple of weeks ago; you're welcome to join in. There's opportunity everywhere over here, but obviously you will have hurdles if you're not in the thick of it so to speak.
https://www.biggerpockets.com/forums/311/topics/801577-calling-all-aussies
Thanks Michael !
Originally posted by @Bryan Yokoyama:
Hi all
I have been investing in Australia and the Philippines for the past 15 years.
I lean towards buy renovate and rent , but also looking at renovate to sell as well .
My wife and I have 7 rental properties and 2 commercial properties we also have some experience with renovating properties (3 so fare ) and we have done ok doing the work ourselves.
I was curious to know about potential opportunities to invest in property in the US and if it is at all possible or even worth while .
Thanks
Bryan
Hi Bryan,
It's definitely possible for Aussies to invest in the US and more profitable.
Cheers!
Hi @Bryan Yokoyama, that's great, sounds like you've been successful! I would consider checking out Columbus, OH!
- Zeke Liston
- 614-665-5793
@Bryan Yokoyama Columbus is a great area to check out but make sure you talk to an accountant about the implications of out-of-country investing. @Account Closed is a great resource.
- Remington Lyman
Originally posted by @Remington Lyman:
@Bryan Yokoyama Columbus is a great area to check out but make sure you talk to an accountant about the implications of out-of-country investing. @Account Closed is a great resource.
Excellent advice!
- Robert Ellis
Welcome to BiggerPockets! You have found the right place to learn and make some $$$ The US Market is great, I started as a foreign investor here as well back in 2008
Originally posted by @Robert Ellis:
Originally posted by @Remington Lyman:
@Bryan Yokoyama Columbus is a great area to check out but make sure you talk to an accountant about the implications of out-of-country investing. @Account Closed is a great resource.
Excellent advice!
Thanks!
- Remington Lyman
Every things is up in the air at the moment with the virus situation , but once
life and air travel gets back to normal, we will be heading over.
In the mean time, stay safe every one.