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Updated about 3 years ago on . Most recent reply

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8
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8
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Yonatan Weic
  • Rental Property Investor
  • London, England
8
Votes |
8
Posts

International Investors raise your hand

Yonatan Weic
  • Rental Property Investor
  • London, England
Posted

Hi All, 

I would love to hear if there are any international investors that have created an LLC, researched and bought property all remotely? (all from A-Z ) without flying (now with covid this isn't really ideal).

But I'd love to hear if you've managed to do that. 

  • where are you from? and was this your first real estate investment ?
  • which location (state and city if you dont mind me asking)  have you invested in ?
  • in which state have you registered / LLC'd your company?
  • What would you do differently if you could have done it all from scratch, any pitfalls you've ran into that might want to avoid this time (if you'd had to start it all over again)  or share with the forum 

I'd love to head from you guys.

Most Popular Reply

User Stats

156
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80
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Shai Flax
  • North Richland Hills, TX
80
Votes |
156
Posts
Shai Flax
  • North Richland Hills, TX
Replied

Hi @Yonatan Weic,

I'm an investor from Israel.

I only have one property now but I bought it under an LLC (in Pennsylvania). I'm investing in Pittsburgh PA and currently reaserching for another city to invest in for diversification.

I did it all remotely. I was supposed to visit Pittsburgh on April but with Covid I was'nt able to travel.

I would definatly build a strong team of realtor (that knows and understands long distance investing and would be willing to help you in unconventional tings like virtual house tours etc), contractor and PM. All of them have to be good and you'd probably gonna kiss a few frogs before you'll find you prince/princess.

I highly recommend to read the book "Long distance real estate investing" by David Greene which helped me a lot to make an order in my mind and focus on what's important.

Best of luck!

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