If We adhered to the 2% rule on the offshore properties we bought we would have missed substantial cap gains.I recently met a builder from the UK that bets on double digit cap gain regardless of rents , the same for my home town in Australia.

Having worked with Australia investors for a few years now sometime I feel like I have a white shirt and red cross on my back sometimes lolThe prices that some foreign investors got spruiked into buying is just insane.I believe if you can assist your acquaintance friend by spending half a day doing some research on the wholesalers and other real estate professionals in the area that might be able to assist with the sale of this property.You can also put a few adds on Craigslist and see of you get any bites.Thanks and have a great day

We only sell to investors outside the USA including NZ and Australia.

Hello, I will soon be moving to Adelaide Australia and wonder if wholesaling is the same there as it is here in the US.

@Stephen Michle I have clients from Singapore, Canada, Australia and Israel that we have worked with.

My wife is from Australia.

There can also be a bunch of red tape and restrictions to buying and exiting your investment.I have investors from other countries as clients buying commercial here in the U.SJapan, Australia, Canada, UAE are some of my clients.

I had some dumb analogy typed up but it's easier to say listen to people with experience or be prepared to learn the hard way(this lesson costs a lot of $$$$$$$) I few years ago while I was still living in Australia, I attended a few US Property seminars.The companies where charging $5,000 - $10,000 just for the privilege of getting access to these "hot" turnkey deals.Now I get those same investors asking for help as they want out.Sad stuff.Thanks

There was a story on this with providers from Australia, think you could still find the YouTube video.

Welcome @David Nemeth to BP.It is great to see another foreign member on the forum.I am from Australia and I wish there were more foreign investors on this forum as I am very confident it would at least half all of the horror stories going around with investors getting screwed by turn key companies offering the moon bit not even delivering a tiny rock.What rental returns does the German market offer?