What is a realistic net ROI in a good area for a foreigner?
Hi all,
Second major question I need some help with as I am comparing all kinds of investment options.
Provided you do all your homework properly, structure your LLC('s) in the correct way, deduct all of your expenses off your income and lower your tax bill, get a good team and buy a good property in a good rental market at a good price, what kind of net rental income vs property purchase price would it be reasonable to expect?
Could it be 8-9% or more? I realize some of your ROI may come from appreciation in the property value depending on where you invest, but I'd be looking at holding and building passive income rather than counting on appreciation.
If you would be willing, I'd be very interested to hear how other foreign investors here are doing.