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All Forum Posts by: Morgan Nilsen

Morgan Nilsen has started 27 posts and replied 193 times.

Post: Should i et into real estate?

Morgan NilsenPosted
  • Rental Property Investor
  • Sandefjord, Norway
  • Posts 202
  • Votes 87

Speaking as a Norwegian who invest in both Norway and in the USA, I can give you some information on this topic.

It is very unlikely that you will get a traditional mortgage in USA until you have a credit history for them to analyze. Building credit history takes a while. I was told by my bank over there that 2-3 years should do the trick. If you are serious about building credit history, you should learn how to do that as effectively as possible.

There are other ways to get loans though. Banks dont have to be involved. You can approach credit unions or hard money lenders too. Private investors might consider you too if you have a track record of success and if you can display experience prove yourself as a low risk investment.

If you plan to do flipping, you should seriously consider if its a good idea or not. It can be very profitable, but it can also eat you alive if you dont know what you are doing. Be sure to get all the information you can before you go down that path. 

If you own your own place in Norway, you can likely re-finance your home and pull some equity out to start investing in USA. But considering the fact that the NOK currency is very weak against the US Dollar at the moment, I strongly advise against that path.

Post: Who do i pay taxes to?

Morgan NilsenPosted
  • Rental Property Investor
  • Sandefjord, Norway
  • Posts 202
  • Votes 87

norway and USA have a tax collaboration so the business you do in norway get taxed in norway

Post: Meetup in Dubai on 3. September

Morgan NilsenPosted
  • Rental Property Investor
  • Sandefjord, Norway
  • Posts 202
  • Votes 87

Hey everyone!

Now that people have started to return to Dubai after vacations abroad, I think its time we hold another meetup.

This coming saturday, 3. September. We will start at 2 PM and we will be at Cafe Bateel in Dubai Mall on the LG floor.

We will discuss real estate in general and will let the conversation flow like usual.

You are welcome to bring friends if you like, but please let me know up front if you are coming or not so I can arrange seating for everyone. 

You are also invited to participate in our Whatsapp group. To join this, message me your number.

Looking forward to seeing you there!

Morgan Nilsen

Post: Visting Indianapolis

Morgan NilsenPosted
  • Rental Property Investor
  • Sandefjord, Norway
  • Posts 202
  • Votes 87

big thanks to everyone I managed to meet this trip! Im very excited to do business with you all in the future! See you next time!

Post: Visting Indianapolis

Morgan NilsenPosted
  • Rental Property Investor
  • Sandefjord, Norway
  • Posts 202
  • Votes 87

i leave early on friday. Im looking to invest yes. Already got two houses here and looking at buying more very soon

Post: Visting Indianapolis

Morgan NilsenPosted
  • Rental Property Investor
  • Sandefjord, Norway
  • Posts 202
  • Votes 87

hey @Clay Manship! Not sure how to reach you. Let me know

Post: Visting Indianapolis

Morgan NilsenPosted
  • Rental Property Investor
  • Sandefjord, Norway
  • Posts 202
  • Votes 87

Just sat down at "pure" in fountain square. Will have a drink or two here

Post: Visting Indianapolis

Morgan NilsenPosted
  • Rental Property Investor
  • Sandefjord, Norway
  • Posts 202
  • Votes 87

Yeah lets do it! Im ready to jump in an Uber right now. Where should I meet you?

Post: Visting Indianapolis

Morgan NilsenPosted
  • Rental Property Investor
  • Sandefjord, Norway
  • Posts 202
  • Votes 87

Hey guys!

Im an investor from Norway who's visiting Indianapolis for the first time! Im looking to meet up with people who are interested in Property tonight. Drinks and conversations about property in fountain square perhaps? Anyone interested?

Post: New Meetup in Oslo, Norway

Morgan NilsenPosted
  • Rental Property Investor
  • Sandefjord, Norway
  • Posts 202
  • Votes 87

Calling all Scandinavians! Do you come from Norway, Sweden or Denmark? Want to meet other real estate enthusiasts? Do you have stories to tell or perhaps you want to learn something specific from people who have experience already? We have people with all levels of experience attending!

Please come and join us in Oslo on Wednesday 22. June, @ Royal, in Ostbanehallen (Oslo). We start at 17.00 and will likely sit there for 3-4 hours. If you need to get in touch with us, you can do so by calling me +47 48 44 60 84

Hope to see you there!