All Forum Posts by: Samantha Miles

@Alina Trigub Thanks very much for taking the time to look and for your feedback! 

Hello Everyone!

I'm gearing up my investing business with the aim to grow my portfolio and connect with other investors. I just launched an updated website and I would love to get some feedback from the BP community. If you have time, check it out and let me know what you think.

Thanks!

www.ironoakholdings.com

G'day!

I'm a half kiwi/ half America living in Dubai and investing in FL. I'd love to connect and learn more about what your goals are. Just send me a PM and we can arrange a skype chat. 

Cheers, 

Sam 

G'day Dave, 

First, congrats on getting started with investing! :)  

I'm a half kiwi/ half American, living in Dubai and buying properties in FL. We operate our business using LLCs to hold our personal portfolio  and legalize our partnerships (with non-US citizens) for joint investing ventures. 

You certainly need to make sure that you are sorted for taxes and accounting so that you can remain compliant and take full advantage of the legal loopholes that are afforded to property owners in the US. You should also be sure to understand the requirements of federal taxes and state taxes (which will vary depending on where you want to open your LLC).

I would highly recommend finding a good CPA and attorney who specialize in working with foreign real estate investors. (Especially as you are getting started.) I have a good one in FL that I can refer you to. A good CPA and attorney will consider your specific situation, investment strategy, and goals - and then advise you on the best course of actions for you. A good attorney can also help you understand the legal aspects of the LLC and how they can protect you from litigation. (Americans are much more litigious than kiwis!)

Have you also considered connecting with lenders who work with foreign investors? 

If you would like to chat further, I'd be very happy to connect. Just send me a PM and we can arrange a skype call. 

Cheers, 

Sam   

Thanks for the feedback @Ian Tudor . I have been reading that having lot renters is the way to go but, as you state, only if you have high occupancy. I'll be looking into some properties in the FL market this month. All the best with your parks! 

Thanks, @Caleb Heimsoth! I will check it out. 

Hi Danielle, 

Are these 3 4-plexes still available? If so, I'd be very interested in having the full details for each property including photos, actual expenses, lease expiry, needed repairs, and current property management. 

[email protected]

Thanks and warm regards, 

Sam  

Hello BP Community!

I'm a residential investor in FL and I have been considering expanding my portfolio by purchasing an assisted living facility (ALF). 

This is a very new venture for me and I would be very grateful to receive any tips or advice from anyone with experience in this area.

Thanks!

-Sam 

Hello BP Community!

I'm a residential investor in FL and I have been considering expanding my portfolio by purchasing a mobile home park.  I have read that many people recommend buying properties that come only with fitted lots (not actual mobile homes) due to facility upkeep. I would be very grateful for any tips or advice from anyone with experience in owning a mobile home park. 

Thanks! 

-Sam