Investing overseas

5 Replies

hey guys....

Looking into investing overseas and was wondering what is the best way to vet the real estate agent to make sure she is looking out for our best interest ???

Thanks 

Same as with other people on your team: referrals and others' experiences.  Ask them for references.

Hi @Orit Nahum ,

Nice to meet you on Bigger Pockets. Trust is of utmost importance when investing overseas. Here are some things you can consider:

First, is your real estate agent available to you? Does she provide you with constant and ongoing communication? When you ask her for information, does she provide the answers to you in a timely fashion?

Next, is she transparent about her services? Will she keep you informed on all stages of the purchase process? ,

Some of the questions you could ask are the frequency of the balance sheet detailing income and expenses with a detailed explanation for the accounting, as well how the property will be managed.

Finally, will she provide client references?

These are just some of the things to consider with professionals working with you when investing overseas. Hope that helps. 

Originally posted by @Priti Donnelly :

Hi @Orit Nahum,

Nice to meet you on Bigger Pockets. Trust is of utmost importance when investing overseas. Here are some things you can consider:

First, is your real estate agent available to you? Does she provide you with constant and ongoing communication? When you ask her for information, does she provide the answers to you in a timely fashion?

Next, is she transparent about her services? Will she keep you informed on all stages of the purchase process? ,

Some of the questions you could ask are the frequency of the balance sheet detailing income and expenses with a detailed explanation for the accounting, as well how the property will be managed.

Finally, will she provide client references?

These are just some of the things to consider with professionals working with you when investing overseas. Hope that helps. 

Originally posted by @Orit Nahum :

hey guys....

Looking into investing overseas and was wondering what is the best way to vet the real estate agent to make sure she is looking out for our best interest ???

Thanks 

Hi Orit,

Did you mean investing from the US to a foreign market? Or the other way around? Just curious, because I invested in the US from Korea last year. I wrote a long BP post on my experiences in finding a market:

https://www.biggerpockets.com/blogs/6526/blog_post...

I also wrote about my experiences property managing from abroad:

https://www.biggerpockets.com/blogs/6526/blog_post...

I had the same concern as you - how can I ensure my team was aligned with my interest. I decided the first step would be to learn as much about my market as possible before calling anyone 'on the ground.' That's what the first article details (warning - it's over 3,000 words ^^)

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