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All Forum Posts by: Ugo O.

Ugo O. has started 7 posts and replied 14 times.

Post: Cross-border Attorney referrals and advice

Ugo O.Posted
  • New to Real Estate
  • Canada
  • Posts 14
  • Votes 13

Hello everyone,

I am in the process of building out a team and setting up legal stuff. I am a Canadian looking to invest in the USA market and I need referrals to solid Cross-border attorneys and accountants.

I would also love to hear from other Canadians who invest in the US market. What did you need to set up to get started? How was the process for you, and did you get any hiccups or gatchas along the way? Any advice would be greatly appreciated. 

Post: Starting out as a Candian looking to invest in the USA

Ugo O.Posted
  • New to Real Estate
  • Canada
  • Posts 14
  • Votes 13
Quote from @Francis Faucher:

Hey Ugo, 

Welcome to BP and welcome to the real estate market world

Hello Francis, thank you so much for your detailed reply, I'd take all the steps you have provided and use them. I am currently at a stage where I have quite a bit of cash saved up but I am at a limbo where I am considering if I should keep on saving and learning, or if I am ready to start taking the next steps. 

I see you're an experienced Candian-based investor looking to break into the US market as well, I'd reach out so we can be connected.

Post: New member from Canada interested in the US Market!

Ugo O.Posted
  • New to Real Estate
  • Canada
  • Posts 14
  • Votes 13

Hey Francis, I am in a similar position, except I am just starting my investment journey after a lot of research and studying, but want to go straight to the US market. I am also a Canadian who is looking to invest in the US. 

Would love to reach out to you and see how you are progressing

Post: Starting out as a Candian looking to invest in the USA

Ugo O.Posted
  • New to Real Estate
  • Canada
  • Posts 14
  • Votes 13

Hello everyone,

Longtime lurker here, I've been educating myself about the space and saving up capital to start my real estate journey. My goals are primary to BRRR and value-add. Basically to buy a property below market value, add value/equity, rent, and refinance, however, I do want to draw out a lot of my capital or leave at most 20-30k in the property (or whatever the more experienced people think).

Because of my goal, the Canadian real estate market doesn't seem particularly great for this, especially with the overwhelming average and median prices of homes, so I believe it would be in my best interest to invest in the US market which has much better prices and can give you a better bang for your buck. I believe that starting out, you would need to find an investor lawyer and accountant to help you set up the legal entities in both countries, then research your market, find financing, build a team, and so on. 

I would love to hear from more experienced people who have done the following in the past, what your thoughts are, and any advice you could provide