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All Forum Posts by: Yonatan Weic

Yonatan Weic has started 3 posts and replied 7 times.

Post: International Investors raise your hand

Yonatan WeicPosted
  • Rental Property Investor
  • London, England
  • Posts 8
  • Votes 8

Hi All, 

I would love to hear if there are any international investors that have created an LLC, researched and bought property all remotely? (all from A-Z ) without flying (now with covid this isn't really ideal).

But I'd love to hear if you've managed to do that. 

  • where are you from? and was this your first real estate investment ?
  • which location (state and city if you dont mind me asking)  have you invested in ?
  • in which state have you registered / LLC'd your company?
  • What would you do differently if you could have done it all from scratch, any pitfalls you've ran into that might want to avoid this time (if you'd had to start it all over again)  or share with the forum 

I'd love to head from you guys.

Post: McGuire Air Force base, NJ

Yonatan WeicPosted
  • Rental Property Investor
  • London, England
  • Posts 8
  • Votes 8

@Jacob Chambers our of curiosity and a bit off topic , what was your first deal like in Florida ( cost of the property Vs the rental ) and where about in Florida have you invested in

Post: Single Family Homes 50k or Less

Yonatan WeicPosted
  • Rental Property Investor
  • London, England
  • Posts 8
  • Votes 8

@Greg Carrier where about in Indiana ?

Post: From Zero to your first property (foreign investor)

Yonatan WeicPosted
  • Rental Property Investor
  • London, England
  • Posts 8
  • Votes 8

I've found a very high level blog post in my search for other newbies (https://idealrei.com/blog/invest-united-states-real-estate-foreigner) but would love to hear other foreign REI's experience and tips

Post: From Zero to your first property (foreign investor)

Yonatan WeicPosted
  • Rental Property Investor
  • London, England
  • Posts 8
  • Votes 8

I'd like to pick the brains of a foreign investor that started from scratch

1. registered their LLC (and where, why there)
2. zoomed in an a location/geo
3. Found a deal 
4. worked with contractors/agents/evaluators/legal to get the property all set up 
5.closed the deal 

Is there any such foreign investor that can share with the new REI's from outside of the US how he had done so and what would he /she would have done differently if they would have to do it all over again?

Thanks 

Post: Opening a US based LLC as a foreign investor

Yonatan WeicPosted
  • Rental Property Investor
  • London, England
  • Posts 8
  • Votes 8

I'm still trying to figure out which state I should focus on but the strategy is rental properties small multifamily properties <50K  

Post: Opening a US based LLC as a foreign investor

Yonatan WeicPosted
  • Rental Property Investor
  • London, England
  • Posts 8
  • Votes 8

Hi Everyone  

(newbie questions alert!) 
I'm looking to start my way as an REI and one of the first steps that I'd like to get is to open a US based company (probably an LLC)
as the tax rates varies from state to state

A) which place would you suggest to register the company at? (and  why) 
B) any limitation of doing so as a foreign  investor that doesn't live in the US (but can fly our for the procedure if needed) 

Thanks 
Yonatan