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How to invest in US Real estate??


 


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 1 month ago '18        #1
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Armstrong 102 
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How to invest in US Real estate??
 

 
Hi Iím a realtor in Toronto Ontario Canada. I have about 80Gs sitting in an account doing nothing and property prices are over inflated here, so Iím asking what are some good US markets to get into where renting out a house will be profitable. I see houses in upstate NY like buffalo or Albany and such for like real cheap or some cheap land for like $1000 for a lot thatís 50x100 how how is it to build price per square in the US. Anyone know about this trailer park lands too? Iím willing to partner up with serious people

11 comments for "How to invest in US Real estate??"

 1 month ago '10        #2
eightytyson06 39 heat pts39
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 1 month ago '04        #3
term0il 
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Just some general questions I would think about if I were in your shoes. While you research markets.

What are your goals? Quick flip(str/airbnb) or long term? Geared more towards cash flow or appreciation?

There maybe reits you could look at or the crowdsourcing platforms like fundrise.

Do you understand how to calculate cashflow?

Do you want a more stable market with average appreciation less cash flow semi-passive management? Or more of the less stable high cash flow markets with less expensive property possibly more hands on mgmt.

Since you're in Canada who would you depend on to manage your properties?

If you know most of this you could likely narrow down some markets using zillow or etc. Then touching base with a investment group or investor/realtor in the areas for better insight.

 1 month ago '16        #4
The Truth 
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Yes this is what I know , looking to invest in real estate myself

 1 month ago '16        #5
The Truth 
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 Armstrong 102 said
Hi Iím a realtor in Toronto Ontario Canada. I have about 80Gs sitting in an account doing nothing and property prices are over inflated here, so Iím asking what are some good US markets to get into where renting out a house will be profitable. I see houses in upstate NY like buffalo or Albany and such for like real cheap or some cheap land for like $1000 for a lot thatís 50x100 how how is it to build price per square in the US. Anyone know about this trailer park lands too? Iím willing to partner up with serious people
Do you have any prior experience in real estate? You should come down south , lotta cheap deals down here
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 1 month ago '06        #6
Sammyboi22 1 heat pts
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The problem is getting financed for a property isn’t what it used to be. You don’t buy a crib for $50,000 and get a loan for $150,000 and use that to fix it up and sell it. Now the bank finances for what the property is. Or you buy a house for $30,000 cash and you have to get an investment loan for the remodel.
+2   

 4 weeks ago '18        #7
Armstrong 102  OP
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I’m looking for something cash flow positive with appreciation down the line. A multi family house is ideal. Would hope the ROI is about 7-10%. Anyone here a realtor in the states ?? Again I’m from Toronto
+1   

 3 weeks ago '06        #8
Sammyboi22 1 heat pts
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 Armstrong 102 said
Iím looking for something cash flow positive with appreciation down the line. A multi family house is ideal. Would hope the ROI is about 7-10%. Anyone here a realtor in the states ?? Again Iím from Toronto
7-10% over what period?

 3 weeks ago '07        #9
etherem 
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Become a transaction funding lender.

 2 weeks ago '08        #10
ShakeyDog 
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 Sammyboi22 said
The problem is getting financed for a property isnít what it used to be. You donít buy a crib for $50,000 and get a loan for $150,000 and use that to fix it up and sell it. Now the bank finances for what the property is. Or you buy a house for $30,000 cash and you have to get an investment loan for the remodel.

Hard money lender... repair house flip or refi after and pull more money out for the next flip

 2 weeks ago '08        #11
ShakeyDog 
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 Armstrong 102 said
Hi Iím a realtor in Toronto Ontario Canada. I have about 80Gs sitting in an account doing nothing and property prices are over inflated here, so Iím asking what are some good US markets to get into where renting out a house will be profitable. I see houses in upstate NY like buffalo or Albany and such for like real cheap or some cheap land for like $1000 for a lot thatís 50x100 how how is it to build price per square in the US. Anyone know about this trailer park lands too? Iím willing to partner up with serious people


Atlanta.... Jacksonville Florida, Savannah ga (as close to scad as you can afford), Memphis (sit and hold) Baltimore (sit and hold) Detroit (sit and hold) the list is endless bro... I'm actually looking into properties in Santo domingo for business reasons but all the real estate agents there are from your city (Toronto)... but the return on air bnb makes it double interesting...

 1 week ago '04        #12
ATLDOPEBOI30 78 heat pts78
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Anybody flipping houses? Gonna get into that next year with my wife just doing whatever needs to be done ourselves and selling asap. Seems lile that's a good way to make money and learn at the same time.

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