Investing from Sydney Australia

4 Replies

Hi everyone,

I have been investing in US real estate for 2 years.  I have done 24 deals remotely from Australia.   I currently have a large buy and hold portfolio of rental homes in the US, yet I still live in Sydney.

It has not always been easy, but with perseverance, there is money to be made in the US real estate market.   That is the big picture, but for foreign investors there are details that the Americans just have no clue about.  (to put it mildly).   

To that end, I have gained knowledge on how foreign investors can set themselves up to invest in the US.  For example:  I am 1 of only 3 IRS Certified Agents located in Australia who can help Australians gain the ITIN (International Tax Identification Number).   It is no use buying a US property, if you can't open a US bank account or file a tax return.  An ITIN is a pre-requisite for both of those tasks).  

Hype around amazing deals is cheap.  But getting the details right is essential for success. 

Jeremy

Originally posted by @Jeremy Crooks :

Hi everyone,

I have been investing in US real estate for 2 years.  I have done 24 deals remotely from Australia.   I currently have a large buy and hold portfolio of rental homes in the US, yet I still live in Sydney.

It has not always been easy, but with perseverance, there is money to be made in the US real estate market.   That is the big picture, but for foreign investors there are details that the Americans just have no clue about.  (to put it mildly).   

To that end, I have gained knowledge on how foreign investors can set themselves up to invest in the US.  For example:  I am 1 of only 3 IRS Certified Agents located in Australia who can help Australians gain the ITIN (International Tax Identification Number).   It is no use buying a US property, if you can't open a US bank account or file a tax return.  An ITIN is a pre-requisite for both of those tasks).  

Hype around amazing deals is cheap.  But getting the details right is essential for success. 

Jeremy

Welcome to Bigger Pockets and congratulations on your success.

See you around the forum :)

Jeremy,

You are absolutely correct as to the ITIN. I actually help international investors obtain a ITIN as well if they are looking to invest in the US.

Congratulations on your success. Way to go Aussie :)

Keep up the great work. Hope to connect sometime.

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