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All Forum Posts by: Mary Gilson

Mary Gilson has started 1 posts and replied 3 times.

Post: International investment in USA properties

Mary GilsonPosted
  • Investor
  • Halifax, Nova Scotia
  • Posts 3
  • Votes 0

@Roy N.

Good to know about Saint John.  I have some family near there, so investing in that area would be of interest to me, as I know I have someone who can take a peek at something if need be too. I would be interested in learning more about the property manager. 

I understand in NB there is a difference between owner occupied and non owner occupied residential taxes? That isn't the case in NS...

Post: International investment in USA properties

Mary GilsonPosted
  • Investor
  • Halifax, Nova Scotia
  • Posts 3
  • Votes 0

Hi @Roy N.  

I am self employed and earn a fair portion of my income in USD, so the conversion rate isn't quite as much of an issue for me as for some. 

I love the Maritimes and am going to continue investing in this area too!  My dilemma is finding good property managers in the smaller towns and areas in NS or NB as I spend parts of my year overseas and need reliable help 'on site'.  I have found it hard to find a property manager outside of the HRM, but I don't want to invest in the HRM.  Any tips on finding reliable local property managers in the Maritimes?

Post: International investment in USA properties

Mary GilsonPosted
  • Investor
  • Halifax, Nova Scotia
  • Posts 3
  • Votes 0

Is anyone here an international person with USA real estate?  By international, I mean no green card, no citizenship, no rights to work in the USA, and no social security number. 

I am a Canadian with one rental property already, and a solid plan for growth in Canada.  However, in my area prices are fairly high in relation to potential rental income.  I have been consistently impressed by the low property prices some USA investors are finding and find it intriguing.  As I have close links in the USA (I freelance for some great USA companies, my mother is from the USA, and I still have a lot of family there), I have been dabbling in the concept of investing in the US property market as well.  

There are many things I know I need to consider: Taxes, reliable property managers, areas, financing (I may self-finance), ownership (llc or personal), etc.  I'm not even sure where to start..  Can anyone point me to some resources or give some advice.