Out of country Investors

Out of country Investors

Investor · OH · Member since 2019 · 66 posts · 41 votes

Hi everyone!

My partner and I are from Asia and we are into REI in the US. Being out-of-country, we face multiple challenges like not being able to drive-by to check out foreclosures, no "driving for dollars", no physical monitoring of maintenance work, not being able to sign mortgage loan forms without a notary (which is expensive), having no credit score and hence making it difficult to take any loans, checking the neighborhood out physically at different times of the day, etc... But over the past 2 years we have worked our way around multiple of these challenges and are open to share our stories. We are looking to connect with other out-of-country investors, for networking and sharing of lessons :) Feel free to leave a reply here or PM me! Stay safe everyone, no matter where you are in the world!

Cheers,
Trace

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Rental Property Investor · Columbus, OH · Member since 2017 · 3k+ posts · 3k+ votes
6y
Originally posted by @Trace P.:

Hey @Charles Carillo

I'm from Singapore, currently investing in Columbus OH, and looking to expand in OH first (e.g. Lake County, Warren County, Lorain County...) But we are also looking at MI and IN to expand out of OH. What about you?

 Columbus is definitely a great place to invest in! Let me know if you ever need an extra boots on the ground guy!

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  • Rental Property Investor · North Palm Beach, FL · Member since 2018 · 2k+ posts · 1k+ votes
    6y

    @Trace P.

    Where are you located and where do you normally invest?

  • Investor · OH · Member since 2019 · 66 posts · 41 votes
    6y

    Hey @Charles Carillo

    I'm from Singapore, currently investing in Columbus OH, and looking to expand in OH first (e.g. Lake County, Warren County, Lorain County...) But we are also looking at MI and IN to expand out of OH. What about you?

  • Rental Property Investor · Columbus, OH · Member since 2017 · 3k+ posts · 3k+ votes
    6y
    Originally posted by @Trace P.:

    Hey @Charles Carillo

    I'm from Singapore, currently investing in Columbus OH, and looking to expand in OH first (e.g. Lake County, Warren County, Lorain County...) But we are also looking at MI and IN to expand out of OH. What about you?

     Columbus is definitely a great place to invest in! Let me know if you ever need an extra boots on the ground guy!

  • Real Estate Agent · Columbus, OH · Member since 2018 · 1k+ posts · 1k+ votes
    6y

    That's great @Trace P., there are great opportunities here in Columbus!

  • Kerry Noble JrPro Member
    Investor · Indianapolis, IN · Member since 2018 · 2k+ posts · 1k+ votes
    6y

    Definitely open to connecting....ive done a couple of deals with out of country investors.....here in Central Indiana

  • Rental Property Investor · Member since 2019 · 72 posts · 33 votes
    6y

    Hi @Trace P.,

    Are you living here in Singapore now? If so, join us at the monthly meetup tomorrow. 6:30 pm at Boomerang Rob Quay. Tables of five, of course. Shoot me your number and I’ll get you on our WhatsApp group. 

    I look forward to meeting you. 

    Thanks!


    Luke

  • Rental Property Investor · Columbus, OH · Member since 2019 · 131 posts · 183 votes
    6y

    Just jumping in to vouch for @Trace P. and her partner Han. They are no flash in the pan investors; they're very serious about their goals, do their research, and offer tons of value to their network. 

  • Remington LymanBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2017 · 6k+ posts · 7k+ votes
    6y
    Originally posted by @Trace P.:

    Hi everyone!

    My partner and I are from Asia and we are into REI in the US. Being out-of-country, we face multiple challenges like not being able to drive-by to check out foreclosures, no "driving for dollars", no physical monitoring of maintenance work, not being able to sign mortgage loan forms without a notary (which is expensive), having no credit score and hence making it difficult to take any loans, checking the neighborhood out physically at different times of the day, etc... But over the past 2 years we have worked our way around multiple of these challenges and are open to share our stories. We are looking to connect with other out-of-country investors, for networking and sharing of lessons :) Feel free to leave a reply here or PM me! Stay safe everyone, no matter where you are in the world!

    Cheers,
    Trace

     Just buy everything cash

  • Investor · OH · Member since 2019 · 66 posts · 41 votes
    6y

    @Steven Wilson, thank you! I'll send you a PM.

    @Zeke Liston, yes indeed there are great opportunities in Columbus, I see you are from reafco too, I have been engaging @Remington Lyman, great guy :) 

    @Kerry Noble Jr I'll send you a PM, we are actually planning to move onto IN once we acquire a few more property in OH :)

    @Luke Hadden, I've contacted you, great to know there are others from Singapore!

    @Daniel Judge, thanks for vouching for us! That's really sweet of you! :)

    To anyone out there - Feel free to contact me or reply to this thread, I hope we can all learn and grow together :)

    Cheers,

    Tracy

  • Investor · Newport Beach, CA · Member since 2018 · 74 posts · 35 votes
    6y

    Hello @Trace P.

    I'm not from out of the country, however, I do invest in Cleveland, OH, and see that you're in Columbus. Hope the Colombus market has been treating you well! If you're ever looking into Cleveland and have any questions please feel free to reach out.

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