Long Distance Investment - First time investor

Long Distance Investment - First time investor

Indianapolis · Member since 2024 · 3 posts · 0 votes

Hi! 

We are a couple from Israel who recently moved to Sydney, Australia.

We aim to start with flipping houses to build capital for more significant future investments.

The high cost of properties in Sydney is challenging ($2M), so we are considering exploring a more distant but cheaper market.

Is it a reasonable strategy for first-time investors?

I would appreciate advice for long-distance investments!

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  • Nathan GesnerBusiness Member
    Moderator
    Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
    2y
    Quote from @Noam Ben Nun:

    Check out "Long-Distance Real Estate Investing" by David Greene. It will answer your questions and give you the tools necessary to be successful.

    The DIY Landlord Book4.7248 Reviews
  • Indianapolis · Member since 2024 · 3 posts · 0 votes
    2y

    Thanks Nathan!

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