All Forum Posts by: Natasha Rooney
Natasha Rooney has started 16 posts and replied 49 times.
Post: Entity Structure for Canadian Investing in US Real Estate
- Posts 50
- Votes 36
Hello!
I am wondering if anyone has some insight. As a Canadian investing in the US... which is the best type of entity to go with? It would be for myself and my husband purchasing either SFH or multifamily (2-4 units).
I understand LLC and LLP are not recognized in Canada for tax purposes which would lead to double taxation. Is it best to go with LP/GP? For example registering a LLC first and then using that LLC as the GP in an LP that is registered to my husband and myself?
This is all so confusing to me!
Thanks! Appreciate any insight!
Post: Financing for out of Country Investors
- Posts 50
- Votes 36
Quote from @Jaypee Pau:
Hey Natasha! Great questions. There are lenders that work with Canadian investors some offer financing on U.S. flips, and others may allow HELOC-backed "cash" deals depending on structure. Construction loans are trickier, but not impossible. Happy to share what I've come across if you'd like to connect!
Hello! I'd love to connect to find out what you've learned. I sent you a message last week :)
Post: Flipping Market in Chicago/Chicago Suburbs
- Posts 50
- Votes 36
Looking to get more info on first hand experiences with people currently flipping houses in the Chicago area/suburbs of Chicago, IL. Have been looking in the Chicago/Illinois (in general) market and hoping to learn a little more before jumping in.
Thanks in advance! This community is always super helpful.
Post: Thoughts on OH markets for flipping?
- Posts 50
- Votes 36
Hello!
We are interested in starting to get into flipping. We are out of country but do have the ability to travel frequently. We are looking for an area to start with low entry points and are thinking OH markets. Thoughts on this? Or are other areas that may be higher entry costs (which we'd have to use financing) a better idea?
Thanks!
Post: Financing for out of Country Investors
- Posts 50
- Votes 36
Hello!
Looking for some information on financing for out of country investors (Canada).
Obviously having all cash to finance a deal is best.. but are there other options if we wanted to save some cash to do multiple projects?
Are there construction loans that out of country people can qualify for?
Is it best to do a HELOC on our current residence and then use all "cash" to fund a deal (flip)?
Are there specific companies that work with out of country investors?
Thank you!!
Post: Insight on House Flipping and/or New Build Markets - Off Market Deals
- Posts 50
- Votes 36
Hello everyone!!
I have some questions about finding off-market deals, wholesale properties, distressed houses, etc.
Looking at either getting into flipping houses or new build construction (then selling). How do people generally find the best priced properties or land to do this? Wholesalers? Through realtors who do cold calls, etc.? Obviously not regular MLS listings, although I know that it is possible to come across something good sometimes..
So far we are looking at the following broader markets and haven't quite zoomed in on anywhere in particular yet: Indianapolis, Buffalo, Columbus. Does anyone have experience in these areas that are willing to share some insight? Definitely open to other areas as well and open to hearing about your suggestions for other markets! Would love to connect with some people who have experience flipping and/or with new construction!!
Thank you so much in advance!
Post: Multifamily Properties in Indianapolis
- Posts 50
- Votes 36
Quote from @Chris Mullinax:
Hi Natasha, welcome!
I’m an investor and owner of a property management company based in Kokomo (about 45 minutes from Indianapolis). We specialize in managing single-family and multi-family homes, with a portfolio that includes properties in the Indianapolis market. Our clients include many out-of-state and international investors.
I’d recommend keeping an open mind about exploring opportunities in the surrounding cities near Indianapolis as well. I’d be happy to connect with you sometime—our team even includes a real estate agent who can assist you in finding properties that suit your needs.
Looking forward to chatting!
Thank you!! I will definitely contact you when we start actively looking :) We are taking a little break in this at the moment.
Post: Multifamily Properties in Indianapolis
- Posts 50
- Votes 36
Quote from @Jordan Wilkerson:
Hi Natasha! I’m a licensed broker agent specializing in selling discounted flips and rental properties in Indiana. I work with a brokerage that has an acquisitions team buying 20-30 properties each month. Can i send you a PM to connect with you?
Of course, thank you! And so sorry for the delay in replying!
Post: Multifamily Properties in Indianapolis
- Posts 50
- Votes 36
Quote from @Zalman Ives:
Quote from @Natasha Rooney:
Hello BP Community!
We are looking into the possibility of starting out OOS investing in Indianapolis. Any insights/people with experience in this market who can chime in? We have done lots of research about the city, but I know there are things that can come up from people with experience, especially since we are OOS (and out of country too actually!). Any areas of the city that are recommended to start looking in? We are specifically interested in multifamily properties (2-5 units).
Thank you in advance!
Hey,
There's loads of activity in Indianapolis. There's lots of opportunities in developing neighborhoods, but also seems a bit saturated at the moment.
Also, definitely budget security (remote control cameras, alarm system, etc.) for your properties, as there are a lot of people who occupy themselves by breaking into houses and stealing anything they can sell.
Lastly, there are a ton of contractors looking for a quick buck. Please protect yourself and vet your contractors thoroughly.
Feel free to reach out if you would like to talk further.
Wishing you best of luck with your investment journey!
Thank you!
Post: Fideicomisos VS. Mexican Corporation for STR in Mexico
- Posts 50
- Votes 36
Quote from @Pamela Rivas:
Hi Natasha,
Here are some key points to consider about setting up a Mexican corporation:
- Setup Costs: $1,500–$3,000 USD
- Ongoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)
- Benefits: Tax deductions for expenses like maintenance, repairs, and management
- Best for: Multiple properties or income-generating investments
While a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC. As a Mexican realtor, I’ve worked with clients alongside an accountant to simplify the process, including setting up the necessary bank account for rental income.
Let me know if you'd like more guidance!
Thank you for the response! I will definitely let you know :) I appreciate it!