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All Forum Posts by: Steve Basra

Steve Basra has started 1 posts and replied 8 times.

Originally posted by @Nathan Brooks:

@Steve Basra couldn't agree more with Mike. Also, make sure you are clear on the types of renovations and process you are going through during that process (and after!). Do they have a warranty? Etc ... Happy to help however I can.

 Thanks Nathan.

Thanks for the feedback Mike. I will message you. Thanks.

Originally posted by @Jeff Schechter:

Hey @Steve Basra,

We're now over 300 doors in Indianapolis, between us and our OOS and OOC investors.  Interestingly, my sis lives in Thornhill, and I drive up there a few times a year.  It's not that bad of a drive... I can do it in 8.25 hours.  Certainly within striking distance.  PM me if you'd like more info.

Good luck!

 Hi Jeff,

Thanks for reply. I will reach out to you.

Originally posted by @Michael Ramzy:

Hi Steve, I've gone through these steps. PM me would love to connect. I'm also from Mount Albert, Ontario. And I have a property in upstate NY. Also, looking to go through more in the area.

 Awesome Michael... I will reach out to you. Maybe we can meetup sometime? Thanks!

Originally posted by @Pat L.:

There are a couple of REI groups who meet here once a month. Make the effort to attend one & network. Tom Larsen has a good one but I think they're done for the year.

Thanks Pat, I will lookup Tom Larsen and plan to attend.

Originally posted by @Chad U.:

1.  MI, NY, OH, IN, PA

2. Turnkey rental

3. NO - potential double tax!  Get advice from X-border accountant first.

4. There are a few who loan to Canadians (foreign nationals) but not on loans this small

 Thanks Chad... I will look into finding a x-border accountant. 

Originally posted by @Aaron K.:

1. for that price range you'll most likely be looking in the midwest states near Toronto

2. Again for the budget to get a quality property you are most likely looking at an SFR

3. It depends on the state and property

4. Lots of lenders do you just need to ask and if they don't they may have a recommendation for someone who does

 Thanks for the feedback Aaron, much appreciated!

Hello All,

I am new to BiggerPockets and looking for any advice, tips for a Canadian to get started in Investing in the US. Looking to start with a small property in order to get things setup. (PP of $50K-$100K)

Here are some questions, I have been thinking of and would appreciate your feedback on. 

1. What would be a good state to start investing in? I live just north of Toronto, Ontario.

2. What type of property would be good to start with?

3. Should I register an LLC? What state would be best?

4. Who finances Canadian Buyers?

Thanks in advance for your help!