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Updated almost 11 years ago on . Most recent reply

User Stats

23
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1
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Brent C.
  • Yokohama, Kanagawa
1
Votes |
23
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Born in Vancouver Living in Japan

Brent C.
  • Yokohama, Kanagawa
Posted

Hello everyone,

I am originally Canadian but have been living in Japan now for about 16 years. I own a design company and am semi retired at 43, and now looking into investing in rental properties in the US. I have zero first hand experience in this area but am studying from home and plan to start investing later this year or early next. I have capital saved up an will probably buy cash first off hopefully at discount then refinance to start building up my credit. I will also need to setup up probably an LLC based out of Nevada from what I gather. My first step would be looking for a Nation wide accounting firm that specializes in Real Estate investors from overseas.

I will be spending some time looking for good investments and once the deals are complete I am looking to have them managed by someone so that I can leave them alone. I hope a trip there once a year to check on things, so my investment goals hopefully will fit into this parameter. Multi family in a decent area maybe the direction I go, but at this stage I can not say till I investigate all my options. I hope to get a year on year yield of 18% to 20% return while keeping this safe and easy to manage.

This site seems like an ideal place to gather the much needed info.

Sincerely,

Brent

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