Long Distance / International Buy and Hold (Newbie)

[Tyler Crowell]

Hi everyone!,

I am currently a university student working as an undergraduate engineer living in Queensland, Australia. However i grew up (and plan to move back to in 14 months) in Houston Texas!

I am wanting to get into buy and hold real estate in order to generate passive income and create a prosperous future for myself. As property is quite expensive here (and i dont have the best credit in Australia) would it be a smart move to buy a property in the Houston area this year?

I generally go back to Houston one to two times a year to visit friends and family who live there. I am going to back in June and would love to buy some property as i would have saved about 10k USD by that point.

Has anyone done this? Or can lend any advice on this topic. 

(PS- I do have good credit in Texas/USA)

Thank you in advance,

Tyler. 

[Jordan Sinclair]

Hi Tyler,

I was in a similar situation and I decided to invest in the Midwest as Australia is too expensive. 

Most people start with around $50k.

Good luck!