I feel you mate,Always loved overlooked tertiary markets.That's how I settled on Toledo in 2014.Funny story, folks would always ask me "What is an Aussie from Sydney, Australia doing in Toledo, Ohio"I'd always reply "Because of the beautiful weather and the beaches" heheMuch success 👍

When the cat leaves, the mice will play"As an out of state investor, the mice are always playing.It takes years and years to develop trustworthy relationships with feet on the ground.Even then, you will loose money just like we do to this day in Toledo to shady contractors, etc...And we have a whole team of people on the ground including myself and my co-founder.Granted, if you do it right you can find amazingly cheap deals, renovate and have immediate equity plus jaw dropping cashflow.I would advise moving to the market you are considering and getting your hands dirty for a few years.Easier said than done but if I moved from Sydney, Australia to Toledo, Ohio.Anyone can do the same lolWishing you much success

I used to help my cousins in Australia when I was in high school and University, and I had the glorious job of prep-work.

heheI'm bias and have always loved Toledo.In all honesty, bit of a boring place and market.Not much to do for someone like me.Granted, growing up in Sydney, Australia and then moving to Toledo, Ohio is more than just a culture shock hehe.Who said you have to "live, where you invest" anyway?

Hi All,I am not a US resident and live in Australia.

I am an Indian passport holder, living in Australia and have been in the U.S for 9 years with a valid SSN and credit score.I recently closed on a property for around ~130k(fully paid) and I am interested to know if I could get HELOC on this property being a foreign resident?

Agreed,Lot's of deals to be found in Ohio.Tougher nowadays but still enough to stay busy.Just to answer the OP's initial question also.Loosing on a deal in the first few years is risky business.When I first started investing in 2010 and back home in Australia, I built a large portfolio and fairly quickly.Lot's of debt...Monthly mortgages where costing me more than I was generating in income.It was a slow bleed so I decided to liquidate and move to cashflow friendly markets in the US (Specifically Ohio).In hindsight, those same properties if owned today would have made me millions in capital gain profits.So if you are looking for an appreciation play, make sure to have enough income from your W2 or other means to withstand the slow monthly bleed until the properties appreciate so much that you end up being in the green even tho you bled monthly.Again, very risky business IMO.Much success

i just come across this platform and i was super exited as a builder with own construction company to have such an impressive collection collaboration to start JV. just to come to the realization that this platform is  in america  and i'm from down-under "Australia" i'll be searching fro similar platform in my country, if i don't find one i'll be creating one!!

Just starting out on the Bigger Pockets site. Hope it will be mutually beneficial to both of us.

My name is Justin.I have worked in the property industry in the UK for a number of years, in Property Management and Sales of Rent 2 Rent holiday villas around the Mediterranean, as an Estate Agent and Deal Sourcer and now in Conveyancing.Over these years I have helped many home buyers and investors on their property journey but now in 2024 my focus has shifted to how I can transition into a real estate investor in my own right, and build my own property portfolio.I have been a big Bigger Pockets podcast listener for a number of years and I have found it to be a massive motivation tool in my working life but I am super excited to now lean on all the amazing resource as I commence my own investment journey.I am originally from Australia and have spent the last 13 years living in London, UK.