Different country investing in real estate

[Martynas Fedotovas]

Hi guys,

I am a newbie here and it looks like biggerpockets is one of the greatest pages on real estate here on internet! My question is if any of this amazing information could be applied in different country thank US,because I live in Europe,country called Lithuania.

Thanks a lot guys!

[George Gammon]

Investing in real estate in most countries is very similar, I've invested in several countries including the US many times, and the principles of buying low, adding value and selling with a margin are universal.  I've actually looked at properties in Vilnius.  

The remodels would be different there, as you know the spaces are far smaller than those in the US and most of the buildings are much older, but again, the same principles apply. 

You always make money on the buy side, not on the sell side, the world over.  

I'd strongly encourage US investors to explore opportunities in other countries. Many, offer higher ROI and much lower risk. Especially to the US market at current levels (prices and amount of debt.)

Example:  I've been investing in Medellin, Colombia since 2015 and have realized 20%-40% returns with a fraction of the downside of the US because of the lack of leverage (3% of Colombians have a mortgage.)  But to be clear, I suggest having RE portfolio of assets in multiple countries, and multiple currencies, including the US and USD.