i started in u.s. Realestate as the local market here in Vancouver is way to expensive. i've always been interested in real estate and whenthe Steve Martel group came to town to talk about investing in u.s. real estate I realized that it was important to get education first before investing. I have set up an LLC and have accountants on both side of the border as there are tax implications when foreigners buy in the states.
the hard part so far has been problems getting investors as i'm far from being a millionaire. financing is also difficult for foreigners. i have 2 rental units in Atlanta and a multi in phoenix with partners. I have a very strong team in Atlanta and Phoenix. I.e contractor, property manager, realtor etc. it seems to be getting much harder to find flips and also to find well priced small multis that require rehabbing. I'm finding that the mls doesnt have the leads and off market seems to be the way to go.
Thats my story , and i'm hoping that bp can help myself and if it happens a partner to increase our real estate income.
Good luck
Erika