Newbie from across the Pond.. looking to invest remotely
I know what your thinking, why would anyone from good old England, ever decide to invest in the US Real estate market?
Firstly, have you seen what prices are like in London. They are insanely expensive, outside of london does present a few opportunities but recent changes in regulations has created an extremely unfriendly environment for small investors.
Secondly, I am Jamaican, with the aspiration on moving back to the Caribbean in the next 5-7 years from the United Kingdom. Its a move I want to make for family and quality of life reasons.
With that in mind, I am looking to build relationships to enable me to become a successful long distance real estate investor starting with the my first deal. After reading several post and listening to a few podcast, I have settled on investing in below market multi-family properties with the potential for good cash flow and equity growth.
Any suggestion or advice is definitely appreciated.