Im an Australian investor based in Melbourne. I would like to start investing in the USA. I watch alot of US based content on YouTube and have been to the States a few times to look around mainly in the MidWest.
Im an Australian investor based in Melbourne. I would like to start investing in the USA. I watch alot of US based content on YouTube and have been to the States a few times to look around mainly in the MidWest.
Real Estate Agent · Boise, ID · Member since 2017 · 565 posts · 377 votes
1y
@Daniel A Drummond I also invest in SFH. My markets are idaho & Florida. If you ever have any non location questions (I have no experience in the Midwest) feel free to reach out.
Im an Australian investor based in Melbourne. I would like to start investing in the USA. I watch alot of US based content on YouTube and have been to the States a few times to look around mainly in the MidWest.
Just curious. But what were some of the reasons you decided you wanted to pursue investing in real estate in the US? I don't know much but I think I've heard that australia real estate has been appreciating at a pretty good clip. Do the rent to values simply not add up? Are fix and flips not really an option there?
One suggestion I have is that once you identify a couple of markets, I would look to partner with someone in those markets in your investing.
If you don't want to hold rentals in a partnership, maybe what you could do is split the deals so that you get a hold and then your partner gets a hold and then you get a hold and so on. But having a partner when you're out of the country would make things a lot less stressful and mitigate a lot of the risks.
Im an Australian investor based in Melbourne. I would like to start investing in the USA. I watch alot of US based content on YouTube and have been to the States a few times to look around mainly in the MidWest.
Thanks
Daniel Drummond
Hey Daniel, welcome to BP! The Midwest has plenty of great investment opportunities, offering a strong mix of cash flow and appreciation in many promising areas. Definitely a region worth exploring!