Join John Adams, world renowned Intl Matchmaker, Monday nights 8:30 EST for Live Webcasts!
And check out Five Reasons why you should attend a FREE AFA Seminar!



View Active Topics       View Your Posts       Latest 100 Topics       Mobile Theme       Dark Theme


How to Buy Real Estate Overseas

Share and recommend books and websites that you think are worth checking out.

Moderators: fschmidt, jamesbond

Post Reply
Maker55
Junior Poster
Posts: 522
Joined: December 16th, 2011, 4:08 pm

How to Buy Real Estate Overseas

Post by Maker55 » March 2nd, 2013, 3:28 pm

Real Estate is the best investment because it will put cash in your pocket through a monthly cash flow in good or bad markets. They are superior over stocks.

In the current uncertain investment climate, foreign real estate represents a more important opportunity than ever before, for both the investor who wants to move a portion of their wealth abroad and the retiree looking for affordable living options. How to Buy Real Estate Overseas explains one of the best options available today for diversification, asset protection, and a safe haven for wealth. Foreign property is a hard asset that, unlike stocks, for example, can't go bankrupt and collapse to zero.

This book is an expert guide to the advantages and the challenges of investing in real estate overseas.

Author Kathleen Peddicord, an American currently based in Panama, is considered the world's foremost authority on overseas retirement and foreign property investment. She has traveled to more than 50 countries, invested in real estate in 18, established businesses in 7, renovated historic properties in 6, and educated her children in 4. She knows from personal experience how foreign real estate can appreciate significantly over time, throw off an annual cash flow, and provide personal enjoyment for you and your family.

An investment in a piece of real estate in a foreign country is a chance for both profit and fun. How to Buy Real Estate Overseas offers practical advice on how to find great deals, buy and manage property profitably in unfamiliar and potentially volatile foreign markets.

You're where you're at in life because of your thoughts.

What you think about the most is what you will eventually manifest in your life.

zacb
Experienced Poster
Posts: 1536
Joined: June 20th, 2012, 8:33 pm
Location: Somewhere out in the American West (for now)

Post by zacb » March 2nd, 2013, 3:48 pm

Thanks :D
The Daily Agorist, Learn to Live Independent of the System! http://www.theagoristreview.blogspot.com

Jester
Elite Upper Class Poster
Posts: 7871
Joined: January 20th, 2009, 1:10 am
Location: Chiang Mai Thailand

Re: How to Buy Real Estate Overseas

Post by Jester » March 2nd, 2013, 5:40 pm

Maker55 wrote:Real Estate is the best investment because it will put cash in your pocket through a monthly cash flow in good or bad markets. They are superior over stocks.

In the current uncertain investment climate, foreign real estate represents a more important opportunity than ever before, for both the investor who wants to move a portion of their wealth abroad and the retiree looking for affordable living options. How to Buy Real Estate Overseas explains one of the best options available today for diversification, asset protection, and a safe haven for wealth. Foreign property is a hard asset that, unlike stocks, for example, can't go bankrupt and collapse to zero.

This book is an expert guide to the advantages and the challenges of investing in real estate overseas.

Author Kathleen Peddicord, an American currently based in Panama, is considered the world's foremost authority on overseas retirement and foreign property investment. She has traveled to more than 50 countries, invested in real estate in 18, established businesses in 7, renovated historic properties in 6, and educated her children in 4. She knows from personal experience how foreign real estate can appreciate significantly over time, throw off an annual cash flow, and provide personal enjoyment for you and your family.

An investment in a piece of real estate in a foreign country is a chance for both profit and fun. How to Buy Real Estate Overseas offers practical advice on how to find great deals, buy and manage property profitably in unfamiliar and potentially volatile foreign markets.

I will order the book....

but perhaps I can ask your opinion here:

In case of a temporary DE-flationary crash abroad (like if U.S. interest rates go way way up, temporarily sucking all the world's liquid capital into the U.S., like a firestorm), should that overseas real estate be protected by buying real estate either
(1) via all-cash (so there are no payments to make)
or
(2)
non-recourse (so if there's a crash, they can just walk away)?

zacb
Experienced Poster
Posts: 1536
Joined: June 20th, 2012, 8:33 pm
Location: Somewhere out in the American West (for now)

Post by zacb » March 2nd, 2013, 6:03 pm

This seems interesting as well:


Jester, I am not expert, but buying it outright would seem like the best option. Assuming there is deflation, it would suck to lets say hold unto and pay for a property that is worth 10,000 , but you bought it for 20,000 and are paying on it. So if it were me, I would go with buying it outright. And just a hint: look over in Eastern Europe. There are a ton of deals if you look hard enough.
The Daily Agorist, Learn to Live Independent of the System! http://www.theagoristreview.blogspot.com

Maker55
Junior Poster
Posts: 522
Joined: December 16th, 2011, 4:08 pm

Re: How to Buy Real Estate Overseas

Post by Maker55 » March 2nd, 2013, 6:22 pm

Jester wrote:
Maker55 wrote:Real Estate is the best investment because it will put cash in your pocket through a monthly cash flow in good or bad markets. They are superior over stocks.

In the current uncertain investment climate, foreign real estate represents a more important opportunity than ever before, for both the investor who wants to move a portion of their wealth abroad and the retiree looking for affordable living options. How to Buy Real Estate Overseas explains one of the best options available today for diversification, asset protection, and a safe haven for wealth. Foreign property is a hard asset that, unlike stocks, for example, can't go bankrupt and collapse to zero.

This book is an expert guide to the advantages and the challenges of investing in real estate overseas.

Author Kathleen Peddicord, an American currently based in Panama, is considered the world's foremost authority on overseas retirement and foreign property investment. She has traveled to more than 50 countries, invested in real estate in 18, established businesses in 7, renovated historic properties in 6, and educated her children in 4. She knows from personal experience how foreign real estate can appreciate significantly over time, throw off an annual cash flow, and provide personal enjoyment for you and your family.

An investment in a piece of real estate in a foreign country is a chance for both profit and fun. How to Buy Real Estate Overseas offers practical advice on how to find great deals, buy and manage property profitably in unfamiliar and potentially volatile foreign markets.

I will order the book....

but perhaps I can ask your opinion here:

In case of a temporary DE-flationary crash abroad (like if U.S. interest rates go way way up, temporarily sucking all the world's liquid capital into the U.S., like a firestorm), should that overseas real estate be protected by buying real estate either
(1) via all-cash (so there are no payments to make)
or
(2)
non-recourse (so if there's a crash, they can just walk away)?
If you're investing for cash flow meaning you are collecting rent, then you will be safe from a market crash.

Your real estate will survive a crash as long as you're investing for cash flow.

What's going to happen now is that the prices of real estate will continue to go up so you will be able sell your property for a lot down the road just like silver.

Capital gains only work when the right market conditions allow such as inflation when the price goes up or there's an economic.

So I would focus on collecting rent and when the prices really start going up then you can sell.

This is for American or foreign markets.

So buy the property, collect rent and watch it appreciate in value.
You're where you're at in life because of your thoughts.

What you think about the most is what you will eventually manifest in your life.

Jester
Elite Upper Class Poster
Posts: 7871
Joined: January 20th, 2009, 1:10 am
Location: Chiang Mai Thailand

Re: How to Buy Real Estate Overseas

Post by Jester » March 2nd, 2013, 10:50 pm

Maker55 wrote:
If you're investing for cash flow meaning you are collecting rent, then you will be safe from a market crash.

Your real estate will survive a crash as long as you're investing for cash flow.

What's going to happen now is that the prices of real estate will continue to go up so you will be able sell your property for a lot down the road just like silver.

Capital gains only work when the right market conditions allow such as inflation when the price goes up or there's an economic.

So I would focus on collecting rent and when the prices really start going up then you can sell.

This is for American or foreign markets.

So buy the property, collect rent and watch it appreciate in value.
Nice.

Thanks.

User avatar
Contrarian Expatriate
Elite Upper Class Poster
Posts: 3781
Joined: December 2nd, 2009, 9:57 pm

Re: How to Buy Real Estate Overseas

Post by Contrarian Expatriate » February 22nd, 2019, 4:01 am

Maker55 wrote:
March 2nd, 2013, 3:28 pm
Real Estate is the best investment because it will put cash in your pocket through a monthly cash flow in good or bad markets. They are superior over stocks.
What makes you think you cannot get monthly cash flow in other investments to include dividend ETF’s that pay monthly dividends? Investment vehicles like Fundrise make owning actual property unnecessary. If you want to go foreign, better to go with high interest term accounts overseas!

MrMan
Elite Upper Class Poster
Posts: 3015
Joined: July 30th, 2014, 7:52 pm

Re: How to Buy Real Estate Overseas

Post by MrMan » September 7th, 2019, 1:27 pm

There is such diversities among countries in their real estate laws and how markets operate. How would a book on buying real estate overseas be any more beneficial than reading books on buying property in the US and trying to figure out the peculiarities of a local market? Indonesian real estate is complicated enough to deserve it's own books. And the books probably wouldn't tell you who to pay off to get your paperwork done in a timely manner. Their government procedures seem to be about involving every member of the office in signing off on it rather than creating a sensible fast procedure.

MrMan
Elite Upper Class Poster
Posts: 3015
Joined: July 30th, 2014, 7:52 pm

Re: How to Buy Real Estate Overseas

Post by MrMan » September 7th, 2019, 1:29 pm

Contrarian Expatriate wrote:
February 22nd, 2019, 4:01 am
Maker55 wrote:
March 2nd, 2013, 3:28 pm
Real Estate is the best investment because it will put cash in your pocket through a monthly cash flow in good or bad markets. They are superior over stocks.
What makes you think you cannot get monthly cash flow in other investments to include dividend ETF’s that pay monthly dividends? Investment vehicles like Fundrise make owning actual property unnecessary. If you want to go foreign, better to go with high interest term accounts overseas!
You can invest in financial instruments that invest in real estate, and that way you don't have to track all the records, keep up with dates for depreciation, etc.

Someone with knowledge of a local real estate market, who knows it better than the overall market does on average, might be able to make above-normal returns using his market knowledge, but there could be a lack of diversification when compared to a financial instrument that invests in real estate. There are also fees.

And some people enjoy going around, finding great deals on individual houses, repairing them, renting them out, getting the rent to pay the mortgage.

User avatar
Contrarian Expatriate
Elite Upper Class Poster
Posts: 3781
Joined: December 2nd, 2009, 9:57 pm

Re: How to Buy Real Estate Overseas

Post by Contrarian Expatriate » September 7th, 2019, 1:43 pm

MrMan wrote:
September 7th, 2019, 1:29 pm
You can invest in financial instruments that invest in real estate, and that way you don't have to track all the records, keep up with dates for depreciation, etc.
Yes, that was my point.
MrMan wrote: Someone with knowledge of a local real estate market, who knows it better than the overall market does on average, might be able to make above-normal returns using his market knowledge, but there could be a lack of diversification when compared to a financial instrument that invests in real estate. There are also fees.
Yes, but home values do go down sometimes which is a fact somehow lost on many people.
MrMan wrote: And some people enjoy going around, finding great deals on individual houses, repairing them, renting them out, getting the rent to pay the mortgage.
Yes, and the equity crowdfunding experts in real estate do all of that on my behalf and simply pay me the monthly proceeds. Think Grant Cardone....

MrMan
Elite Upper Class Poster
Posts: 3015
Joined: July 30th, 2014, 7:52 pm

Re: How to Buy Real Estate Overseas

Post by MrMan » September 7th, 2019, 2:08 pm

Contrarian Expatriate wrote:
September 7th, 2019, 1:43 pm
MrMan wrote:
September 7th, 2019, 1:29 pm
You can invest in financial instruments that invest in real estate, and that way you don't have to track all the records, keep up with dates for depreciation, etc.
Yes, that was my point.
MrMan wrote: Someone with knowledge of a local real estate market, who knows it better than the overall market does on average, might be able to make above-normal returns using his market knowledge, but there could be a lack of diversification when compared to a financial instrument that invests in real estate. There are also fees.
Yes, but home values do go down sometimes which is a fact somehow lost on many people.
It certainly was lost on many people in the years leading up to 2008. I didn't follow how that effected investments, but I would imagine REITs and other real-estate vehicles are not immune to real estate values plummeting. But they can be diversified to protect against fluctuations in certain regions.

User avatar
Contrarian Expatriate
Elite Upper Class Poster
Posts: 3781
Joined: December 2nd, 2009, 9:57 pm

Re: How to Buy Real Estate Overseas

Post by Contrarian Expatriate » September 7th, 2019, 5:49 pm

MrMan wrote:
September 7th, 2019, 2:08 pm
Contrarian Expatriate wrote:
September 7th, 2019, 1:43 pm
MrMan wrote:
September 7th, 2019, 1:29 pm
You can invest in financial instruments that invest in real estate, and that way you don't have to track all the records, keep up with dates for depreciation, etc.
Yes, that was my point.
MrMan wrote: Someone with knowledge of a local real estate market, who knows it better than the overall market does on average, might be able to make above-normal returns using his market knowledge, but there could be a lack of diversification when compared to a financial instrument that invests in real estate. There are also fees.
Yes, but home values do go down sometimes which is a fact somehow lost on many people.
It certainly was lost on many people in the years leading up to 2008. I didn't follow how that effected investments, but I would imagine REITs and other real-estate vehicles are not immune to real estate values plummeting. But they can be diversified to protect against fluctuations in certain regions.
It is a good question to ponder. Equity crowdfunding vehicles for real estate like Fundrise did not yet exist in 2008. They came into being in 2012 Jumpstart Our Business Startups Act, or JOBS Act. Fundrise and other equity crowdfunding companies take a multi-regional approach and they concentrate on rapid growth areas that would be less impacted by downturns in theory. Some markets continue to see increases in value and others plummeted in 2008 so it will be interesting to see how it plays out during the next downturn.

Fundrise likes to have a hefty portion of its income come from rental properties which often increase due to higher demand when few people want to buy real estate. So while the value of the properties could go down, the rental proceeds could go up.

MrMan
Elite Upper Class Poster
Posts: 3015
Joined: July 30th, 2014, 7:52 pm

Re: How to Buy Real Estate Overseas

Post by MrMan » September 7th, 2019, 10:40 pm

Contrarian Expatriate wrote:
September 7th, 2019, 5:49 pm
MrMan wrote:
September 7th, 2019, 2:08 pm
Contrarian Expatriate wrote:
September 7th, 2019, 1:43 pm
MrMan wrote:
September 7th, 2019, 1:29 pm
You can invest in financial instruments that invest in real estate, and that way you don't have to track all the records, keep up with dates for depreciation, etc.
Yes, that was my point.
MrMan wrote: Someone with knowledge of a local real estate market, who knows it better than the overall market does on average, might be able to make above-normal returns using his market knowledge, but there could be a lack of diversification when compared to a financial instrument that invests in real estate. There are also fees.
Yes, but home values do go down sometimes which is a fact somehow lost on many people.
It certainly was lost on many people in the years leading up to 2008. I didn't follow how that effected investments, but I would imagine REITs and other real-estate vehicles are not immune to real estate values plummeting. But they can be diversified to protect against fluctuations in certain regions.
It is a good question to ponder. Equity crowdfunding vehicles for real estate like Fundrise did not yet exist in 2008. They came into being in 2012 Jumpstart Our Business Startups Act, or JOBS Act. Fundrise and other equity crowdfunding companies take a multi-regional approach and they concentrate on rapid growth areas that would be less impacted by downturns in theory. Some markets continue to see increases in value and others plummeted in 2008 so it will be interesting to see how it plays out during the next downturn.

Fundrise likes to have a hefty portion of its income come from rental properties which often increase due to higher demand when few people want to buy real estate. So while the value of the properties could go down, the rental proceeds could go up.
That makes sense theoretically, and sounds like a good strategy. https://www.businessinsider.com/impact- ... ing-2016-2

User avatar
PegasusOne
Freshman Poster
Posts: 1
Joined: September 12th, 2019, 3:17 pm

Re: How to Buy Real Estate Overseas

Post by PegasusOne » September 12th, 2019, 3:31 pm

I think the most important thing is to make a good research of the location. A lot of things to consider like is it in a noisy community or the area gets easily flooded etc.

Post Reply
  • Similar Topics
    Replies
    Views
    Last post

Return to “Recommend Books and Websites”