All Forum Posts by: Andrew Giunta

@Account Closed The US has those visas as well, but as far as I know you usually need to be sponsored by a company or be considered someone highly skilled ( usually means having graduate degree or higher). Im not an expert on visas, but I do have a few international friends that came here on student visas and are finding it very hard to stay long term. If a life in the US is really what you want, you might want to think about attending university here because it will be much easier to get a visa that way. Like I said im not an expert on visas though, so you might want to see what google says. I think if you arent a citizen though you will most likely have to stick to cash out refinance deals. Banks are pretty risk averse these days in my opinion. 

@Benjamin Finnerty No problem. Also I think my biggest regret for my first house was buying some of the first things I saw that were decent deals. Dont be afraid to wait for a great deal. More stuff is always coming on the market.

If its a property that someone else used as an investment property, average maintenance costs, tenant quirks, age of all the major capital expenditure items (roof, boiler, ect.) Be upfront about what you are looking for with your realtor and do the calculations yourself. Don't be afraid to offer an aggressive amount and work your way up. 

In my case anyway, there were a few deals that I backed out on because I was afraid the property wouldnt hold up in time. Sometimes things just dont always work out and they werent meant to be, thats fine as well. 

Very hard, the best way for you would probably be a student visa but thats only temporary. Ill be honest, living here is going to be very tough to do without some sort of sponsorship. Its not impossible but it will be very hard logistically. You dont have to be a US citizen to invest in real estate here, but at the same time, getting loans will be very hard. You could probably buy something in cash and then cash out refinance on the equity in the house. They will loan you the money because you have something they can take if you stop paying. Then again, you still will have to hire a management company to take care of things. What is the real estate market like in Norway?

Welcome Adrian!

Awesome to see people investing in NY. I went to school in Binghamton and was going to invest in student housing there, but I decided on PA instead just because they were building so much student housing and the campus is far from downtown. 

Welcome Ryan! Curious why you decide to invest outside of Buffalo. NY? Im guessing taxes and the price of the properties? Im from Bergen County NJ, so I can relate there. 

Congrats Sean! Where did you buy your properties ? I have 2 in Allentown and one in Easton. I think the Lehigh Valley is going to continue bringing in new people which is why I keep buying more there. 

Depends completely on the company. Some areas might not have multiple management companies available so the turnkey company might just offer one to get sales. 

Turnkey has its ups and downs (this is coming from someone who owns a turnkey company). The biggest problem for many people is probably that you, yourself , might not know what the market is like in a certain area where the turnkey companies are located. When I was looking, I wanted to be a max of three hours away from my properties in case of any disaster. For example I started my company primarily because I wanted something on the east coast and not in the south, or middle America and there are only a few companies doing that. Also you want to make sure you double check cap rates that some companies are touting because they dont take into account a good enough maintenance rate, ect. 

My properties are actually in the lehigh valley area in PA. Ill start calling credit unions around there. Thanks for the help everyone.