Was interested in buying land/property by the beach in Philippines. Would it be a good idea to buy and hold? I have family and friends out there and they may also be interested in renting short & long term. What would be the best way to see cash flow if I don't live out there? Also open to other countries where the US Dollar is strong
@Kevin Dehesa The principles will be the same for finding cash flow. But I recommend you get a real estate attorney in whatever country you're investing. Laws often restrict ownership of property by foreigners, meaning you may not be able to own more than 49% of a property. You also may have less legal standing in the country (for instance if your 51% partner decides to stop paying your share of the cash flow). Each country is going to be different so you need to do your research carefully.