John Haveman
Choosing cities to start investing
13 August 2017 | 18 replies
There are certainly deals, but the South African political situation is uncertain, access to gearing is limited, and the currency (Rand) is extremely volatile.John
Ian MacLean
South African moving to Grand Cayman looking for a starting point
16 October 2017 | 4 replies
Hi Guys.So, as per the title, I am a South African CA (equivalent of your CPA) moving to Grand Cayman at the end of this year for 18 months.I've been building my portfolio in South Africa, and would like to take the opportunity to diversify and invest in the US during my time in the Caribbean.Given the above, I'm looking for anyone who could possibly help with some links to "crash course" sites on: - setting up an LLC in the US as an expat - financing (should I attempt to finance through my Cayman bank account, or set up a US bank account now and start building credit today to improve my chances once I'm there etc...) - other laws and regulations to be aware of - any other requirements I need to be aware of / can start putting into place now so that I can hit the ground running once I'm there?
Ian MacLean
Expat exploring Florida options
4 October 2017 | 4 replies
Hi everyoneI am a South African moving to Grand Cayman for 18 months for work in December, and I am without a doubt planning to diversify into US real estate during my time there.I am currently considering Florida, as it is the closest / most readily accessible state from the island, and more specifically Orlando or Tampa.In that regard, could anyone possibly shed some light on the following, as well as any other useful info you may have re these areas?
Brian Burke
It's 2018. Whatcha Gonna Do About It?
9 August 2018 | 94 replies
I was out of the country for a few weeks when this started, so I'm late to the game, but here it goes....Work less than 20 hours per weekChaperone at least 3 of my kids field tripsTake family on an African SafariSell all remaining out of state buy and hold properties and 1031 into an apartment building or passive investment with minimim 25% annual returnContinue to invest at least $100k of Solo 401k funds into passive investmets (private money, syndication deals)Actively work to increase lead generation via direct mail, online, networking and agent relationshipsDouble flipping income for the 3rd straight year with target of $2m netMake at least $150k via passive investmentsThe utlimate, overarching and ongoing goal is as it has always been.
Wei Mai
This article gave me second thoughts on Investing in Cleveland OH
28 February 2021 | 21 replies
There is a headache and active versus more passive component to evaluate a return.Plopping 40k down for a few hundred a month cash flow doesn't do anything for me.Talked to a South African investor the other day when he was visiting the states in GA.
Account Closed
Starting out as novice real estate investor with no qualification
2 January 2018 | 8 replies
I'm always glad to see a fellow South African joining the ranks on here ^^I'd recommend reading Brandon Turner's Ultimate beginner guide if you haven't already, that's a great starting point.Most important is to first figuring out your niche and if it is possible in your area.
Kgodisho Mononyane
What to do- finding a mentor in South Africa
24 January 2022 | 0 replies
I wanted to host a meetup on BP but it doesnt seem there are alot of South Africans here either.Any suggestions would be greatly appreciated.
Puett Willcox
How to select a market
16 February 2022 | 6 replies
I decided on My current market mostly due to the affordability and it being a predominately African American city.
Keelan Niemandt
Can a foreigner get a loan on a house easily?
8 March 2022 | 5 replies
Hi, I am Keelan and I am a South African boy that grew up in Taiwan, I was wondering if it will be possible fly to America, get a loan on an investment property and then fly back to Taiwan seeing as I don't have a job in the United States.
Ron Brady
Remote Appraisals of Homes Could Reduce Racial Bias
12 May 2022 | 24 replies
@Ron Brady@Scott MacIt does not read as if Ron is implying your identical property as a Caucasian is worth more than his as an American of African descent, that lenders tolerate racial bias, or that lenders are all one race.