Oberanven, Luxembourg · Member since 2013 · 17 posts · 0 votes
Hi,
I'm curious to see if anyone on bp.com is a non us citizen living outside the US but invests inside the USA !
I want to hear your stories , discuss, learn and be able to do the same eventually :)!
Don't be shy and hold back on details. I'm a great listener and highly I retreated.
I am Italian. I worked in Alabama from 2007 through 2011 for an Italian company. I purchased a house in 2009 which is now rented out.
In 2009 Europe were not in crisis yet and Euro was Stronger ($1.48 per Euro).
Despite the fact my US property did not match the 2% rule I consider it a good choice because in this time the Europe/Italy future is uncertain and It is good to have an asset in Foreign country.
Furthermore it is good way to learn how to manage a business remotely.
Hi Esteban Pau. I live in the US, but I work with international investors buying here all the time. There are great ways for internationals to buy safely here, but I've seen a lot get screwed because of the teams they joined on with here who just don't take care of the properties, and therefore their returns. I'd be glad to send you in the direction in some of what I consider to be the best/safest companies to work with if you want to check out properties. Entity and tax structuring is key too for any international buying here, I have resources I can send you to for that as well.
Thanks for the replies! I am currently really busy with work etc. I am still trying to get a fixed job seeing as I'm only on a 9 month contract. I am also trying to eventually move intern to the states which would make it easier for me to get familiar with the area I want to invest in real estates in.
But I will get back at you Ali because what you've told me sounds interesting :)