These Seven Things Should Be Considered By All International Investors

These Seven Things Should Be Considered By All International Investors


 With the US being one of the most profitable places to invest in Real Estate it is no wonder international investors are taking advantage of it. Below I will state the most important things to be considered when deciding to invest.

 Knowing the rental market and not just the prices of homes in the area. Do not assume you can charge higher rent for the property just because you paid more for the home than a home in another area. You'll see it differs in each state and city.

 Have a good idea of when to buy and when to sell a property. In recent history spring has been the best time to sell a home in the US. As data shows between November and January as the worst time to sell a home in most states.

 You should have your own structured entity. A corporation or LLC will be needed purchase a home as a foreign national in the US due to tax purposes and obligations. Doing this wrong can result in major penalties.

 You will also need an American bank account to purchase a home in the US. You physical presence will be required to do so no emails or mail aways.

 It is ideal to know if you have a good interest rate on your home loan. This would be only when financing, if so you will need to use private lenders for funding. The down payment can sometimes be as high as 50%. The rates will also be higher for foreign buyers so do your research and shop around.

 Find yourself a reputable property management company. You will find that you need them to handle everything from maintenance to tenant screening. 

 The last thing on this list is to find a tax professional. Owning a home in another country will make taxes become much more complex, so paying a professional will help you avoid any penalties and unlawful actions while filing taxes.   


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Phone: 863-259-9307
Dated: August 31st 2017
Views: 88
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