Tips to Think About Before Investing in U.S. Real Estate

Posted on 08. Sep, 2010 by in General

There are many opportunities for successful investing within the United States and there are some great bargains to be had.  But, be warned – you have to be clear about why you are buying – is it for a vacation home or for cash flow (buy and hold) and you have to know where to buy.

Here are 5 quick tips for to think about before investing in the U.S.:

1.          Take time to understand the term ‘distressed property’.  Know the distinction between the types of sales

2.          It is vital to assemble the right team. Your members should be knowledgeable, trustworthy and hard working.  Take time building your team, it is one of the most important steps you will make.

3.         Have a clear plan and exit strategy – be certain about the type of property you want and why and do not divert from the plan, (which is easy to do when ‘bargain’ properties are so cheap – remember, they are cheap  for   a reason!)

4.         Refresh your geography!  Consider time zones,  travel accessibility etc

5.         Be absolute certain of the taxes involved in buying a U.S. property and ensure that the correct legal structure is in place before purchasing the property.  Hire professionals with U.S. experience, it will save you time and money.

Work with your team to select the best property for your portfolio.

To Your Investing Success!

Jane Killeen-Payne

INVICTA Property Investments

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