Investing from Overseas-yay or nah?

[Alyssa ODell]

Hi! I've posted recently that my husband and I are new to the investment scene. We currently live in Europe but have one rental property in the states and want to continue to purchase. Any advice for invest not just from afar but from another continent/country? If you've done it successfully I'd love to talk to you! 

Thanks everyone, 

Alyssa 

[Ali Boone]

It's all about the team you have working on the property. I haven't bought in the US from overseas, but I live in California and most of my properties are about 2200 miles away in Atlanta. So, not technically overseas, but same idea of investing from afar.

It really is 100% dependent on the team and what you are buying. For the latter, for example- buying a fixer-upper in a sketchier neighborhood would be pretty risky if you don't have easier access to get to the property if need be. Things can go wrong with high-end properties too, but it's all about risk mitigation. If you then have a legit and solid team--property manager especially--just about everything can be managed from afar.