Updated almost 7 years ago on . Most recent reply
NEW member/first post! Investing strategies while living in CHINA
Greetings and Happy New Year, BP!
Just stumbled onto the podcast and forum and thought I'd throw out my first post as I'm beginning to read How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started, as well as working through general knowledge and terminology in the industry.
I'm a 29-year old strength and conditioning coach working in China with the NBA for the past two years, focusing on youth and pro level basketball development. With coaching not being the most stable field, and with China's cost of living being low enough to really bolster my savings, I've been very interested in learning how I can create some reliable passive income through real estate. My initial worries (albeit before I've really read the wealth of books available yet) are with being able to stay in-tune with local US markets, and with eventually managing from overseas.
I'm originally from the DC/Maryland area, but lived in Southern California for almost 10 years, before then moving to northern Colorado for two years. My stepmom used to be a real estate agent in Colorado, so I tend to be most comfortable with that area, but would be open to other areas if I'm confident in the market and the deals.
Obviously I'll be continuing to read and learn more as I go along, but any initial tips would be more than welcome. If not, I'm also happy to just say hi and begin meeting people in the BP community!
Cheers,
Kyle Moschkin