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.
Lender · New York, NY · Member since 2022 · 1k+ posts · 1k+ votes
3y
Welcome to BP, and yes, it is possible to manage outside the US! if you do not have US citizenship, a green card, or a visa, make sure that if you are seeking financing that you either have a US co-sponsor or your lender can lend to foreign nationals.
Lender · Miami · Member since 2022 · 99 posts · 18 votes
2y
Hi Gautham!
Not sure where you are in your U.S. investment journey but have you heard of Doorvest? Its a full-service marketplace that purchases under-market properties, manages the renovations on your behalf to get them rent-ready and then manages the property for you for the first year post-closing and beyond if you need them to. Many of their homes are within the $200-400k range, great for investors just starting out in the U.S. My expertise is in international financing, so I can provide guidance if you need assistance. Feel free to reach out for more details and I can connect you.