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14 November 2024 | 24 replies
Quote from @Clinton Bolton: good day everyoneIm a foreign property investor and have been looking into tapping into the US market for quiet some time now.
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11 November 2024 | 8 replies
Without it, there's no guaranteed legal status, which could lead to being forced to leave the U.S. and potentially manage property from abroad—a complex and often costly endeavor.Real Estate Ownership and Rentals as a Non-Resident: If you do decide to purchase property and then move abroad, you can keep it as an investment, but it requires navigating tax regulations specific to non-resident foreign property owners.
10 November 2024 | 19 replies
First off, you should know that getting a loan as a foreigner in Mexico is quite difficult—most traditional lending options aren’t available, so you’ll likely have to explore alternative financing or fund the construction yourself.When it comes to managing the property as a short-term rental, you'll need to decide whether you want to open a small company in Mexico.
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4 November 2024 | 1 reply
Any special lenders that you were using that accept foreign nationals?
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4 November 2024 | 12 replies
I personally open LLCs in the state where my rentals are and foreign register them in CA since I live here.
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6 November 2024 | 5 replies
So, if you create an LLC in another state, you will likely need to register it as a foreign LLC in California.
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7 November 2024 | 12 replies
., Mexico, Costa Rica) for diverse, stable cash flow.Invest in Multi-Family Value-Adds: Consider multi-family properties in growth areas like Texas or Florida where rehab can increase rental income and appreciation.Leverage Trusted International Partners: For global investments, work with local agents familiar with foreign buyer regulations to streamline acquisitions.Use Property Management for Scalability: As you grow, property managers can handle logistics, especially for out-of-state or international assets, so you can focus on new opportunities.For specific market insights or connections, feel free to reach out, I’d be happy to help.Best,Drago
4 November 2024 | 1 reply
I do a rent by room strategy, and I use a tenant application platform (Turbo Tenant which I love) but they're having trouble inputting their info....Is there another way to verify income, credit score etc with a foreign visa?
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4 November 2024 | 6 replies
Hey,I'm a foreign CRE investor, tired of French taxes and complexities in everything there.
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6 November 2024 | 22 replies
If you have any accounting questions, please feel free to reach out as I have extensive experience working with foreign nationals in the US.