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All Forum Posts by: Jasraj Singh

Jasraj Singh has started 33 posts and replied 294 times.

Originally posted by @AJ Shepard:

Got it!
Just saw your message thanks a lot! I really appreciate it!  

Originally posted by @Whitney Hutten:

The state and local laws... does the jurisdiction favor the landlord or tenant.  If you are the landlord, you want the laws on our side for rent guidelines, eviction processes, etc.

Just saw this message! thanks a lot! So I need to hire a lawyer for that right?

Originally posted by @Larita Thomas:

@Jasraj Singh

I work with a couple out of town investors in northwest Indiana... I can say if you aren’t going to be as hands on as possible stick to rentals, and a good property manager.

We have a small team, and we just successfully closed on a flip for an investor out of New York who never stepped foot in the property.

 Thats great! But i think i need to be a citizen first because i need to borrow some money from bank first so that i can buy the property? Do you have any suggestions?

Originally posted by @Kerry Noble Jr:
Originally posted by @Jasraj Singh:
Originally posted by @Mike Lambert:

@Jasraj Singh

If you want to invest overseas, you first need to have goals and strategies to lead you to your goals, as you would if you'd invest at home in India or any state of the US.

You asked how you find out in which countries to invest. This will first depend on your objectives and strategies. Then, you have to select places that are investor friendly, that have a legal system you can rely on, that allows you to own properties freehold (if that's what you want) and that will give you a satisfactory return. You need to take into account the economics and the politics of the place as well.

Yes it's not easy and it takes time and this is why not many people are knowledgeable about it. However, that's normal when you think about it. If it was easy, everybody would be doing it and the opportunity to make great returns might not exist or it might be much less profitable.

Great! thanks a lot! I know I want to start with multi-family rental properties and I've done some research about affordable cities to invest in which I've read articles about michigan, Indianapolis, Kansas and Texas and I'm a little confused about each but I just can't figure out what to look for in a market before investing there like how do you find out what's the rental income there or how much cash flow can i have monthly

 I'm in Indy would love to connect with you....and see if I can add value to you

 Sure! Thanks man

Appreciate it!

Originally posted by @Amber Gonion:

@Jasraj Singh we represent clients from around the world. My recommendations would be to ask the agent how they accommodate showings of properties for you from a distance, ask for references, and talk with them in person.

We handle acquisitions, management, and rehab for our clients so the client really needs to trust us with their money (we also need to trust them also) When we talk with clients we reassure them that we never have access to their rents (electronic payments go to their accounts), or bank accounts. We pay for rehabs out of our pocket and get reimbursed from the client.

You don’t want a management company or contractor having your money in their pocket it is too hard to collect from another state or country.

I would recommend FaceTime communication in the beginning so that you can feel comfortable with the person. If you have any hesitation with the person move on.

 Thats great! But i think i need to be a citizen there so that i can borrow some money from the bank to buy the property?

Originally posted by @Robin Casper:

@Jasraj Singh investing from Tel Aviv Israel for the past few years. Have a mix of small multi family and single family totaling 35 units. All in upstate NY. It’s an adventure and time zones make it a challenge.

That’s brilliant! But have you been there and check the property before investing there?

Originally posted by @Janani Kalpathi:

@Jasraj Singh Hi Jasraj. Do you need to have a green card or citizenship before you start real estate rental investing? Do you know if someone on a work visa such as H1B can still buy properties out of state, rent it out and make income?

Really! I didn’t know that but then how would the bank lend you if need and what if want to flip?

Originally posted by @Alpesh Parmar:

@Jasraj Singh I only invest OOS because I am based out of SF Bay Area. Building a team is very important.

Absolutely! Thats great!

Thanks man!

Originally posted by @Brian Watts:

@Jasraj Singh build your team before seriously look at properties...your team will be the most valuable asset...agent + contractor + manager + banker

Yess! Thanks man!

Appreciate it!

Originally posted by @Daniel Beaston:

@Jasraj Singh Yes, I do this but I also have a lot of reliable people and family to ensure my investments go smoothly. Our flip closes in 10 days, total in 111,000 and selling for 202,500.

Thats great! But i don’t have any there so i think i have to go!