Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

37
Posts
8
Votes
Galit Garsiel
8
Votes |
37
Posts

Is it risky or difficult to flip a house overseas?

Galit Garsiel
Posted

Does overseeing repairs overseas online present a problem?

Of course, I'll show up to see the house before the repairs, and maybe again after they're done. And I'll pay for each repair only after the job is done, so the handymen won't run off with my money. But I won't stay overseas for a long time. 

Some countries don't have capital gains tax, such as Belize. Buying a house and living in it is difficult for me for reasons to long to write in one post. 

Do you recommand flipping a house overseas?

Most Popular Reply

User Stats

18,698
Posts
16,173
Votes
Chris Seveney
  • Investor
  • Virginia
16,173
Votes |
18,698
Posts
Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Galit Garsiel

Overseeing work anywhere online is problematic. Impossible to determine quality of work.

Is it risky, it depends. I assume you have vast understanding of the market where you want to build and what homes sell for, what the inventory supply is and demographics.

The Belize currency is stable to us currency so that’s a positive when doing something overseas.

  • Chris Seveney
business profile image
7e investments
5.0 stars
16 Reviews

Loading replies...