I lived in Madrid, Spain for about 8 months and I am curious if it is possible for non-residents to successfully have rental properties within the country.My concern is mostly from a tax standpoint and whether it makes sense.My research shows that Non-residents of Spain(but a resident of Europe) pay a flat rate of 19% on NET RENTAL INCOME.Non-residents of Spain(Not a resident of Europe, such as the USA) pay a flat rate of 24% on GROSS RENTAL INCOME.The difference of paying tax on Net and Gross is huge.Americans are not able to deduct expenses such as mortgage interest, taxes, insurance, cleaning, repairs, etcA pro that I can think about when it comes to invest in Spain is that overall costs are less - Mortgage rates are currently around 4% - 4.5% while it is around 6.5% - 7% in the US.Am I reading the tax law correctly?

Trying to run a successful PMC is difficult but trying to run multiple companies - VR, Annual, cleaning, and landscaping is probably going to give you an aneurism.

Should i just call the agent and see if the seller is willing to finance somehow?

The seller and their agent hopefully did a good job communicating with that tenant to set expectations.

To get those hours, maybe turn one or two into medium term rentals (you want the average stays to be over 7 days so they don't fall into STR status) which would give her more to do, particularly in the first year of furnishing them and getting everything set up.Alternatively, she maybe she could manage the properties but also get her RE license and try to sell a house or two a year - go to lots of open houses or run them for other agents?

We'd love any introductions and support from other investors, agents, lenders, or contractors in the area.Thanks,Mike

I used the script in the book to find an agent, and contractors to work with. 

Thank you Hi Eliane, I am in Baltimore and been an active investor since 2004, doing close to 20 BRRRR a year,and I am an agent, let me know if you have any questions.

PM me and I can get you in touchwith some Wholesalers or Investor-friendly agents around Houston :) 

I am a real estate agent trying to make new connections that is looking into property investing in the future.