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All Forum Posts by: Joe Chin

Joe Chin has started 1 posts and replied 4 times.

Post: Real Estate Investors in SF Bay Area

Joe ChinPosted
  • Posts 4
  • Votes 4

@Mary Griffin I am exactly in the same boat as you at the moment: Area, intention, reading the same book and the 2021 timeline as well.

Would love to connect and learn more as I am also pretty new in this especially to the country itself.

As far as I know, California has some tax benefits schemes like Opportunity Zones and Installment Sales that I need to look into but as far as entry price, although high, I feel there's some leverage with the industries established here.

As with most developed area, yield will not be as great as I've researched but I'm still working on laying out my plans too. Is the Multiplex you're thinking of a new establishment or already built?

Hope you and your family are well with the Covid situation too

Hi guys,

I'm new to this site and I must say I wish I found this sooner. I'm a rookie investor at the moment with a few properties scattered around the world.

I am at a junction at the moment whether I should expand here or expanding back where I came from. Just a bit of context, I have properties in Australia and recently bought one at the States.

Does anyone have any experience managing RE that are in United States from other countries? I.e. how difficult is it and what does property management cover/not cover? What's the implication of non resident/citizen managing US properties?

Cheers and stay safe!

Originally posted by @Dean Letfus:

I've lived in New Zealand, Australia, Malaysia, Fiji and Memphis TN. I don't think there's a better place on the planet than New Zealand!

 I'd second this. Also, I've lived in Australia and Malaysia too :)

New here and am a Mechanical Engineer from Australia currently in Bay Area. Lots of my mates in Australia graduated but ended up in the financial industry. One of the big banks CEO also holds an Engineering degree