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2,054 Posts
I think real estate in the US is a great buy.
Don't trust those shysters with 1 cent of your dough
If you want to buy
Go to the states and do your due diligence and buy.
Make sure you know the rental laws, good property manager, good contractors and rent it out.
Also I believe there are US laws about rental income and taxation.
Also area is much more important than it is here as well as crime rates. My SO is from a small town of 20,000 people in Texas and the crime rate is 3 times what it is here in Toronto
Don't trust those shysters with 1 cent of your dough
If you want to buy
Go to the states and do your due diligence and buy.
Make sure you know the rental laws, good property manager, good contractors and rent it out.
Also I believe there are US laws about rental income and taxation.
Also area is much more important than it is here as well as crime rates. My SO is from a small town of 20,000 people in Texas and the crime rate is 3 times what it is here in Toronto