Anyone here from Australia who's investing in RE in US?

[Mckenzie]

Australia housing market is very very expensive, especialy in Sydney & Melbourne where I live. $500k can not buy you much at all! So I've been looking around and now have my eyes in the States to invest in RE.

I'm currently reading "The book on Rental Property Investing" by Brandon Turner, and subscribed to his biggerpockets forum. It's fascinating me how much you can do over there if you have some cash & a creative thinking mind. Wow, you can even buy a 3 bed rooms one, eg. Ohio for as little as $69,900!! I'm imagining all the wonderful possiblilites...

If you have done this or are doing this right now, would you kindly share your experiences & knowledges? So that I could possibly avoid some pitfalls & scammy things if there were.

Thanks

 

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[ArtRyumin]

watching this thread. Not in Australia but your NZ neighbour and thinking the same. You need atleast 1mil over here to play in the multi family trust.

That's a great book suggestions, i'll also recommend this guy's podcast - very awesome topics covering all aspects of multifamily investig. It blows me away with what some of the guys are doing in US. With what i paid here for a lifestyle block i could well be on my way to passive incove for life if i put the same money into the US market rentals, atleast in terms of capital investment.

https://rodkhleif.com/

Check out hs podcast and free book. Also i'd keen on eye on Grant Cardon, Cardone capital. Looks like he's starting to go international.

 

[Mckenzie]

watching this thread. Not in Australia but your NZ neighbour and thinking the same. You need atleast 1mil over here to play in the multi family trust.

That's a great book suggestions, i'll also recommend this guy's podcast - very awesome topics covering all aspects of multifamily investig. It blows me away with what some of the guys are doing in US. With what i paid here for a lifestyle block i could well be on my way to passive incove for life if i put the same money into the US market rentals, atleast in terms of capital investment.

https://rodkhleif.com/

Check out hs podcast and free book. Also i'd keen on eye on Grant Cardon, Cardone capital. Looks like he's starting to go international.

That book was suggested by @JScott, thanks JScott. I had a quick check on the biggerpockets forum, there're some Aussies there investing in the States, but I don't know if I can trust them. Besides, I feel more confidence in this FLF with MJ.
Yes, I feel your pains & the urges to use our hard earn money to work for us more effectively, to multiply them.