Updated almost 9 years ago on . Most recent reply
Potential Buy-to-Let investor from overseas
Thank you for your interest. I am a well traveled BS graduate from Northern Europe and have lived in several European countries as well as Singapore. I currently work in consulting specialising on cross border business within the EEA structure. I have previous experience from the HoReCa sector and have served as a professional soldier in the Norwegian Army. I have held non-executive positions on the board of directors of entities in several sectors.
I have no previous experience in hands on real estate investing. I have however held a non-executive position on the board of directors of a Norwegian company managing a portfolio of commercial properties to a value in excess of 110 million USD. Furthermore I have worked with large construction companies on road, railway, tunnel and bridge projects. At the very least I know my way around a building site and a little something about the thinking, planning, estimation, bureaucracy and evaluation that goes into a construction project.
After receiving a modest inheritance I was looking for an investment opportunity and turned to real estate as an asset class. Having looked at the ROI in European countries I expanded my research to other English-speaking countries. The US market has a combination of business and government transparency, as well as attractive ROI potential. And that's how I landed here. -After about a hundred podcastst on Youtube.
Last, but not least, I have had a fascination for the US since spending my youth in the Boy Scouts of America and gaining my Eagle Scout rank.
So, what am I looking for? Primarily I'm looking for turnkey companies that provide a BRRR option as well as property management. Being an out of state investor in every state, I'm looking for cooperation partners who want to build a lasting business relationship and are keen on repeat business, as well as tips of lenders who will work with LLCs in foreign ownership.
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welcome aboard Kim! This is my first post here too. I am based in singapore and looking for the same criteria as yourself. Going to keep my eye on this thread!