Hey everyone. I live in Jamaica. I really am interested in buying a rental property in the United State. Can anyone provide me with any information on how I go about purchasing my first property?? In the U.S.A.
Welcome to Biggerpockets!
Are you trying to buy pure cash or finance the properties? What are you goals?
We buy and hold investors. We use our transient life style (active duty military) as a bonus. We buy class A personals and rent them out when we leave along with being pure rentals.
Being a non-US citizen you are going to have unique challenges. I recommend you check out the Blogs, Podcasts and forums. Biggerpockets community is truly awesome through their diversity (buy and hold, wholesalers, bird dogs, commerce, developers, flippers, agents, etc). There are also tons of nationalities. Hopefully you can find other who are trying to do the same thing you are doing.
Another unique resource is peoples personal blogs/websites that can be found in the signature. Within the above "groups" everyone has create their own niches. Many of us have create a website/blog giving more information about our model, etc. Ours is about buy and hold rentals, self management from a distance and operating on smaller margins.
Look forward to seeing you around Biggerpockets!
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you
Create Lasting Wealth Through Real Estate
Join the millions of people achieving financial freedom through the power of real estate investing