All Forum Posts by: Neil G.

@Michael Heisterkamp can you clarify for a new investor, how can you increase the value of a property to lower the cap rate if the value of the property is calculated by using the cap rate? It's making my brain explode

@Adrian Smude yes, analysis paralysis is definitely real. I'll be jumping in soon. 🙌

@Filippo Baldo I'm in a similar situation as you. I'm from Florida, but have been doing the digital nomad thing for four years and now looking to move back to the States and get into RE. It's tough as there are so many options. Check out Tampa, FL. Close to beaches, small, growing city with beatutiful people, RE opportunity (though not as much as in the midwest), growing "hip" scene, clean, average cost of living (by US standards). The two downsides of Florida are 1. A lot of strange, potentially gun wielding people. Seemingly every absurd national story comes out of Florida. 2. The summers are miserably hot. Good luck!

Hey @Amanda G., hope you are well! I'm now at the point where I'm just about ready to pull the trigger on something in the USA. Do you have any favorite markets for multi-family properties? I'm going to be living in Tampa, FL and prices are pretty high there right now, so I may invest away from Tampa (in line with your advice above). 

Hey guys, it looks like I'll be moving to Tampa within 2-3 months too. I'm interested in investing in multi-family rental and would love to join any meetup groups that have been assembled. Has anyone met up from this group?

Hello, yes, I understand that, I am going to be opening foreign bank accounts to facilitate transactions in those local markets, but I'm talking about a US bank account to hold the funds once repatriated and as a source of funds to then send abroad to make new investments.  

Hello peeps,

What are some of the best options for business checking accounts for investing in foreign real estate? I'm looking for something with flexibility on international wires, high yield interest (if possible), ability to open account remotely, no foreign transaction fees, etc. 

Thanks!

Neil

Thanks Amanda! Based on my initial research, investing in Mexican real estate for foreigners is pretty easy, especially Americans. You can even get a mortgage, if necessary, for about 6-10%.

Right now, I think my biggest challenge is figuring out where I want to live/buy in the USA. After traveling for years and having no attachments, it's hard to commit. Then you mix in the investment landscape, and I have a hell of a lot of options.

Hi @Gary Onstad, how did the purchase process go for you? 

Let me bump this thread! How is the AirBNB game coming for you all? I'm thinking about jumping into my first real estate deal and the WPB area is my top choice. Any favorite towns/neighborhoods?