A 10-15 year return on a multifamily property in Boston will create life changing wealth and will obliterate returns from other, cheaper markets.

And you create a situation where you are totally dependent.For most people in the US OOS investing does not make sense, the economic delta is not large enough to justify the additnal cost and management burden. 

If the property breaks even, or operates in the red currently, it will only operate deeper in the negative (unless you find a strong ROI like creating more bedrooms, convert a non living space to living space, etc) with another loan. 

And you're right, it moves fast when the value-creation chain is created on both sides of the transaction.

I’m based out of Lehi, Utah, and have always been fascinated by the potential of real estate to create opportunities and build wealth.After spending time learning about the industry and what it takes to succeed, I’m ready to dive in and start making deals happen!

To find deals that make sense, you need to dig deep, get creative or create large value add.

LLC will not save you taxes.This post does not create a CPA-Client relationship.

A few resources that might help: • Books: The Millionaire Real Estate Investor by Gary Keller and How to Create Wealth Investing in Real Estate by Grant Cardone. • Documentaries: Check out The Queen of Versailles for insights into the challenges of hotel investments. • Podcasts: The BiggerPockets Commercial Real Estate Podcast has episodes on niche asset classes, including hotels. 

*This post does not create a CPA-client relationship.

It can also create a lease for y'all to use.