All Forum Posts by: Jason Kasic
Jason Kasic has started 2 posts and replied 3 times.
Hey guys,
I'm looking at investing in US real estate, preferably along the west coast so i can fly in and out easily. Before I go any further, I am street and financially smart and not a unreasonable fool with unreasonable expectations.
Current Budget: $250,000-$500,000
Goal: 5-10% ROI annually minimum over three years average
Current thoughts: Buy a handful of properties (one at a time of course, not straight diving in) from different locations (even states) and then over time compare performance and satisfaction and then reinvesting more money in markets I like or see higher potential in. I would do this by putting down 20-25% and then renting out for positive cashflow and hanging onto the property until prices bounce back.
Where I'm lacking is knowledge about the US markets (where to invest). I've heard good things about Houston from various sources so that will be a stop for sure but what resources are available to me to do research on areas? Once I choose areas I will find Agents with experience in investments such as this (most likely from forums such as this if allowed) who have been successful at what they do and who can basically "sell me" on the idea on investing in that neighborhood or that specific property(ies) using statistics, trends and other knowledge that may be hard to find online.
Any suggestions, advice and comments would be greatly appriciated. I found dqnews to be a good starting spot but where do I read from here?
Thanks!
LA and California since I have a friend that's done some investment there in the past and did fairly well. Also homes and condos are fairly low prices and for such a nice city those prices will go up sooner or later but to be honest I'm really open to anything.
Hey guys,
I'm from Canada with a $500,000 budget to invest in some real estate in the US. I'm thinking about buying a couple of properties with 25% down on each and then renting out the property that should cover the mortgage and hang onto the property for a few years and then sell once the prices are higher again. Depending on how it goes I can always increase my budget significantly.
Few questions:
1) What's a good area to look at? (LA & California I know are generally good places)
2) What's the best way to find a realtor that's interested in finding these properties for me? I do my own homework and would do thorough research as well as fly down before I commit to anything but what's a good way of finding a realtor that's interested in these kind of investments?
Thanks!