Hello savvy investors :)I'm from Sydney Australia,and planning to invest around the lake Erie starting from Detroit area.Where would be the best state to set up LLC?

@Madhav Thaker, I am new to the US market In general, and BRRR has been something that has caught my attention due to the fact it is much easier for me to do that in this country.Coming from Australia where in my area the average house price was >$1m I started looking out of state (I’m glad I purchased my first property locally and not OOS)As many have pointed out on these forums, it is easier to get into the game locally because you can learn more from the nuances of running a rental with hands-on experience.As much as I would love to dive deep in other markets, being at a disadvantage of not knowing the area like a local will be hard.If you must here is something I have started doing, but you might go in a different direction:1.

@Kory ReynoldsThanks for your reply.I live in Australia.

You can of course augment your chances of success there by exhibiting to them that you are well-read (but not pretentiously so).

Over many years I found SFR attract a more stable 'clientele' whereas those in MF's act more like 'inmates', that may exhibit classic passive aggressive, agnostic behavior patterns between each other.

Hi Everyone,I am an Australian (living in Australia) looking to purchase an investment property in the US with my cousin who is a US citizen living in Texas.

The next six to 12 months will likely exhibit the effects of a “prolonged dislocation” in the labor market.

There is a developed real estate culture in countries like Canada, Australia, New Zealand and the UK.

See Exhibit A of this and see if it helps you:https://wcglaw.com/sites/default/files/publications/Amend%20Modify%20Restrictive%20Covenants.pdfI have amended CCRs for small platted subdivisions. 

Im curious to know who here has real estate in Australia?