Hi to Everyone , my first Topic
Hi Guys , I'm a new member of biggerpockets . Well i'm a member from a couple of weeks , but i spent time, reading around .
My name is Pasquale , i live and work overseas , Yes thats correct , i live in Italy .
i've always been attracted in real estates . in Italy i have a couple of house in rented . but the market is a little different in Italy . Over here most family has their own house . The House in Italy is a part of the Family.
I forgot to mention i am a US Citizen , and usually come to the States a couple of times a year.
I have family in Ohio . In the last year i am thinking to invest money in real estate in the US .
I was searching on the forum , if anyone is in my same situation , but cant seem to find one.
So that is why i posting , and searching help for my questions from anyone :)
My first question , what do you think of renting overseas ?
My first steps would be opening a bank account in US and handle it from Italy.
i would like to start with a 4/5 Units in Ohio State , i kinda like it there :) .
Lets say i would like to make an property management handle EVERYTHING about that property.
What exactly do they do ?
Another Question , that im asking myself , since i live and work in Italy , and i pay my income taxes here in Italy . How would this work ?
Also, since i would like to investing part of it with my personal money , and part with a mortgage . Lets say 50/50 % , would it be easy for me to get a mortgage ?
Thx to everyone for the help !!!