Hey I just saw this headline, looks like exciting news for the DFW area. ”An hour north of Dallas, where the D-FW area’s urban sprawl gives way to fields, Texas Instruments is building a massive facility with major implications for the U.S. economy.”

Hi all,While the US has interesting investment vehicles like REITs that pay out massive dividends, as a non-US investor I would pay both US dividend tax and local dividend tax on those dividends. 

Duplexes tend not to be massive cash flow plays in most Chicago markets, but they can help you dramatically reduce your cost of living. 

Massive income? 

You don't a massive damage in the property, so I would use this as a lesson and try to avoid it next time, by driving by the property and do frequent inspections.

Landlords are expected to subsidize the costs of housing as rents don't keep pace with market or with inflation (Ontario claims its 1.2% allowed increase in 2022 is aligned with CPI.... ) Options include moving into the unit yourself, offering cash for keys, applying for a large rent increase through LTB (form L5), or massive renovation (requiring N13).

We are looking to get into the multifamily market and would like to start with a BRRR, not something that needs massive renovations, but definitely a property that will teach us lessons, eradicate our fears and anxieties, and hopefully give us a pretty good ROI.

Houses are still moving quickly, but a large majority are not going for a massive amount over the list price.

Hi Marc,Not market info, but just some thoughts on investing far from home.Bentonville AR. is so NOT Queens, have you ever been there (you might really like it).Visiting in person and talking to some local brokers about the different neighborhoods and then driving them, day and night, might be a good 1st move.If you go, you might want to try Grits with your breakfast (kind of bland--but at least you can say you have tried some local quisene).You could try eating at a popular restaurant like the local Golden Corral Buffet, and get to see a good cross section of who lives in the area.Get to know the area, get to know your potential customers (and what they value in a rental--which might be light years different than in Queens).You might find a lot of people in the fishing hunting crowd too.

Then in 2012 Warren Buffet put in his 2 cents: “If I had a way of buying a couple hundred thousand single family homes and had a way of managing. . .