Wondering what the best entity structure to use when investing in the US from overseas? Take a look at this article to get started with your research.
I know most of you have big dreams when it comes to real estate investing. Maybe you're looking to own several buildings. Maybe you have smaller lifestyle dreams. For example, perhaps you want to own enough properties so that you can quit your day job.
Whatever your goals are, I was reminded this week of an essential component of setting goals - attaching deadlines.
I was recently asked to appear on Nicky Roche's podcast, Small Business Drivers, a podcast that focuses on "providing support, education and encouragement to small business owners, who essentially drive the economy." In the podcast, I discuss my transition from EFL teacher to entrepreneur to real estate investor and the importance of adopting the right mindset in making it all possible.
Although I am a US citizen, when I made my first overseas investment in 2014, I invested in an area I knew nothing about - Jacksonville, Florida. I had never visited the area and knew no one from that area. I faced a lot of the same difficulties that foreigners faced. Anyway, I took a stab at answering this question and added 17 tips for foreign investors.