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Old 01-09-2006, 09:21 AM
darren darren is offline
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Join Date: Aug 2006
Posts: 9
Default Investing abroad and rent

Hi Daniel,
Investment oversees are great opportunity to add to one's portfolio.

but before you commit yourself and asset, it's good to research local laws regarding non-citizen homeownership or the basic real estate law.

and should you go ahead with this, the management fee wont be one time fee
since you will need someone to manage your property from afar. this fee is between you and the management company. Unless you know someone
locally where you are buying, then have it managed year-round.

Rents varies by local region. and season.
if you are buying in a popular city or tourism destinations, you can make a lot of money during those season. But if you buy from a place not-so-known
you could end up losing money. so do research before committing assets.

the best places to buy RE oversees are the growing markets such as China,
Philippines and many other places (always research)
Thanks
Darren
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