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hey guys the idea of purchasing two properties instead of one?
Perhaps two properties within the 70-90k range?
Are these usually hopeless investments or is there real potential depending on other factors.?
Thanks for you comments, This is what this research process is for. To see if there is it's a viable option for me invest abroad.
I understand that there Legislation over in America "generally" protects the Tenant more so than the Landlord.
Is that what you mean't by not as forgiving? If not what else?
I'm looking around Henderson, NV for now. Still researching
The main reason why I'm choosing to invest in property in America is because; the return on investment is a lot better than here in Australia
I will not need to source any form of finance abroad, I have enough money to purchase a property outright.
Prices in that particular area have increased slightly since last year, but I still see it rise even further as the economy stablises and people slowly become more creditworthy.
My exit strategy is to cut my losses and put the property back up on the market if things don't work out. I have not don't gone that far into it yet.
