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Updated over 1 year ago on . Most recent reply

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Gautham Babu
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Rental Property Investing from outside the US

Gautham Babu
Posted

Hello Guyz.

I am outside of the US (In India) and have been interested in investing for rental income. 

I have been interested in the US rental home market considering it is relatively organized and also with better yields. 

I would like to know if you would advise such an investment which has to be managed mostly remotely. If yes, I would like to know how I could go about. 

Thank you in advance.

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Michele Fischer
  • Rental Property Investor
  • Seattle, WA
1,091
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Michele Fischer
  • Rental Property Investor
  • Seattle, WA
Replied

Hi there.

I would start by narrowing down a city you would like to invest in, set up a virtual meeting with property management companies in the area, ask them what neighborhoods they manage in and how much property improvement they are willing to do on your behalf, find a real estate agent, locate a property, buy it, and turn it over to the management company you most liked.

This is probably easier now with docusign and virtual meetings being mainstream, I would check with the real estate agent to see what you need to do to get the closing notarized.  Forums on this site about long distance investing should be helpful and you just have the added wrinkle of being out of country instead of out of state.

  • Michele Fischer
  • Podcast Guest on Show #79
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