Hi, I’ve done a lot of research and i have a lot free time but i’m currently living overseas. I’ve just finished Steve’s last book about the Mappers and a strong point that comes across on many accasions is making the first step. Doing that first deal. Now i have a property but i bought that while i was living in aus some time ago. Basically i just want to know what people think off investing from another country and if there are any options. I can do all the research and numbers but actually being on the ground is the big problem. I have access to phones and the internet but i know how important it is to be there and see the property. Does anyone have any thoughts on the situation.
Regards
OnewayupI tell you my way. Do some research on the internet, called the agent and talked to him/her . Prepare a short list and fly down to australia stay for a couple of weeks & rent a car to comb out the area where you intend to buy . Check out other property at its neigbour with a sale sign on it,call the agent on the spot to check the price. If you buy for rental income,check the nextdoor how much he rent it for. THis is neccessary for the first buy in that area. Do not totally rely on an agent, you have to do your home works.
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