What are the best real estate investment options for foreign buyers?

Asked by Joel Grant, Pembroke Pines, FL Sun Dec 11, 2011

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12
Maria Morton, Agent, Kansas City, MO
Sun Dec 11, 2011
That depends on your investment goals. Are you looking for monthly income? Are you looking for long term equity growth?
1 vote
Irina Karan, Agent, Aventura, FL
Sun Mar 25, 2012
From talking to many foreign buyers buying for investment, I noticed that they prefer to buy cash, and they are ok to break even, as long as the value of the property is expected to go up. It's sort of "parking" for their money...for many geo-political reasons...with the safety of US investment, and a long term investment appreciation (as they get in on the low end of the market and this expectation is reasonable).

Some like to rather buy several smaller properties (reducing their exposure), but others like to buy a large commercial property or a profitable business. However, all buyers do appreciate the agents that they choose to work with. They rely on us to tell them what's best and why, and to find/recommend a great value/investment.

Irina Karan
Beachfront Realty, Inc.
305-904-2355
IrinaKaran@gmail.com
0 votes
Kawain Payne, Agent, Seal Beach, CA
Thu Mar 22, 2012
Depends on the region in the U.S you are thinking of buying in. Some areas offer positive monthly rental income. Other areas will positive cash flow as a seasonal vacation rental. The flip market has slowed , but there are some areas where you still may be able to buy a home and flip it for profit.


Best of luck to you,


Kawain Payne, Realtor
0 votes
Esther Templ…, Agent, Fort Lauderdale, FL
Mon Dec 12, 2011
It really doesn't matter if you a foreign buyer or American. A great investment is a great investment. It is when you go to sell that there may be a tax holdback, but other than that this is a great time to buy. If you are a Canadian, your dollar goes much farther than it did a year ago and that translates into more $$$ savings. Fort Lauderdale or Hollywood are great areas to invest in. Prices are slightly on the rise and so are rents. Next year may be too late to get the great returns available today.
Check out my websites: http://www.EstherSellsFlorida.com OR specifically in Hollywood http://www.RegentParkCondo.Com
Good Luck. Let me know if I can help
0 votes
Catherine Kim…, Agent, Hallandale, FL
Sun Dec 11, 2011
It depends on your goal...if you're looking for positive cashflow, I'd recommend rental income properties in not the best neighborhoods, but with section 8 renters...sometimes you can still get 10% cap rates there, and you don't have to hunt down the rent.

If your goal is to have a safe investment with a lot of appreciation/re-sale value and decent rental income, I'd go with a 2-3 bedroom condo on the beach...there will always be high demand for ocean view from renters and buyers.

If you're looking to get a permanent visa to the US, there are new constructions where you can invest $500,000 + and have vested interest here.

I am a realtor, LCAM property manager, and used to be a mortgage broker...I can help you set up a customized search and guide you along the way, then, manage the property for you. Or, you can look around on our website...if you have questions, contact me directly: cjkowens@gmail.com
0 votes
Nadine Mauro, Agent, Lake Worth, FL
Sun Dec 11, 2011
HI Joel,

Are you talking about cash deals? Are the investors living outside the U.S. or are they foreign nationals?

I work with several investors both foreign and domestic. Most tend to like condos and townhouses because of the maintenance of the exterior being taken care of by the association.

If you are not living in the U.S. I also recommend that you hire a management company to oversee rent collection and any interior maintenance issues which may come up.

Please contact me directly and I will be happy to help.


Nadine Mauro
Highlight Realty
561-414-0864
NadineSellsHouses@gmail.com
http://www.floridahouseseller.com
0 votes
Nicole Marks…, Agent, Boca Raton, FL
Sun Dec 11, 2011
Hi Joel. Assuming the foreign buyers live in another country, I would recommend condos for residential real estate. There will be a condominium association in place that will take care of the exterior maintenance of the building and the grounds.

Hope that helps.

Sincerely,
Nicole Marks Mason, Realtor
http://www.buysellboca.com
Web Reference:  http://www.BuySellBoca.com
0 votes
Mack McCoy, Agent, Seattle, WA
Sun Dec 11, 2011
Joel, I think that good opportunities for cash-heavy investors are in non-FHA property - foreclosures, 5-9 unit multi-family, small commercial / office space.
0 votes
Genevieve Ra…, Agent, Punta Gorda, FL
Sun Dec 11, 2011
Depends on what you are looking for and where. You need to talk to a Realtor who can guide you based on your interests and what you are looking for.
Good Luck!
Genevieve Ramachandran
0 votes
Hermann Wieh…, Agent, Dania Beach, FL
Sun Dec 11, 2011
There are a lot of investment opportunities right now, I work with many investors and they buy all types of properties throughout the Miami-Dade and Broward county area. I can set up an automated search for you so you can stay informed all the time. Call or email me if you are interested. I charge no fees.

Thank you.

Hermann Wiehls
Realtor Associate
Atlantic & Pacific Real Estate
Direct: (954)300-2BUY
http://www.southfloridarealestateadvisor.com
0 votes
Kevin Clouti…, Agent, Cape Coral, FL
Sun Dec 11, 2011
First, find an agent to work with exclusively as they will be your most important ally.
Next cover how you want properties managed.
Third, discuss your goal. Like one large purchase, several smaller, one small etc.
Discuss financing or cash.
Then start evaluating property.
Negotiate offer (s) and close.
Find tenant
Make money!

Call or email me if this makes sense to you. There is no penalty unless financing (10%) more down perhaps if not cash.

Cheers

Kevin Cloutier
Commercial & Residential Realtor
Southern Premier Realty
Cape Coral, FL 33914
Kevin@kevincloutier.com
239-246-6539
http://Www.kevincloutier.com
Web Reference:  http://Www.kevincloutier.com
0 votes
Joel Grant, Agent, Pembroke Pines, FL
Sun Dec 11, 2011
Being able to manage the property should be foremost in your decision making process. If you are able to find a reliable property management company, a single family home purchased from a "bank owned" inventory or a short sale purchase could be great options in this market. Condos need careful research to make sure you are getting the one thats right for you as some condo associations have restrictions on renting , occupancy etc that could negatively affect your potential for rental income.
Web Reference:  http://www.joelgrant.com
0 votes
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