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Updated over 1 year ago on . Most recent reply

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Cosmas Paulosi
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Starting Out as a Foreign Investor- from Harare, Zimbabwe

Cosmas Paulosi
Posted

Good day Team,

My name is Cosmas, from Harare, Zimbabwe. I've always wanted to do Real Estate investing in the US. I am starting out  so i need advise on how to start. The end goal is to use the capital i have (around USD200,000) as down payment for properties in good States.

Any piece of advise would be most welcome

Thank you 

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Samuel Diouf
  • Real Estate Agent
  • Columbus & Cleveland, OH
1,663
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Samuel Diouf
  • Real Estate Agent
  • Columbus & Cleveland, OH
Replied

Welcome to BP Cosmas!

When investing from a long distance, you will need to build a core 4 team. The core 4 consists of a realtor, contractor, property manager, and a lender. Once you have this team in place, you should have the foundation to invest in any market confidently while not being there physically. (I suggest reading this article below)

https://www.biggerpockets.com/blog/core-four-real-estate-tea...

Columbus, Ohio is a great market to consider if you're leaning towards appreciation. Multiple, billion dollar companies are investing heavy in our area, such as Intel, Google, and Amazon. Which in turn will bring plenty of other investors and general business to the area. I moved here from Florida after seeing the projected growth.

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Reafco - Samuel Diouf
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