How to make the first investment in the US

Should you buy a US property with 30-50 a thousand dollars?

So we decided that we invest in buying property in the US, excellent! Now how do you start?
- Have you thought about what you want to buy!
- Have you invested thought in understanding the process!
- Think what your budget is!
- and more ...

So what is important to understand before making the investment!
- What are your needs?
- What level of risk are you willing to take?
- What do you expect?
- What is your budget?
- and more ...
It is very important to understand all of these things before investing.

We Israelis are always looking for cheap.
Even though most of us know the law -
Cheap is Expensive!
We are tempted to buy properties cheaply.
The truth is that it is very tempting to buy a property in 30-50 a thousand dollars. Almost all of us have such an investment.
The problem will begin several months after the purchase.
As we know there is a direct connection between the price of the property and its environmental level.
So remember:
Buying a US property 30-50 A thousand dollars means you will buy in a region that is weak in socioeconomic terms.
So I do not recommend doing that !!!

What it means ?
- that crime there is probably high
- that education there will probably be low
- The average salary of your potential tenants will probably be low.
- and more ...

And why do you care?
- Because in such areas the rent will be low
- The tenant will be at a low level
- And there is a reasonable chance that you will lose some of your money on damages that the tenants will do to you after they leave your home.

so what are we doing ?
- Buy through a mortgage in the US!
- Mortgage rates are 4.9-6.5% for 20-25 years
- With an equity of 50 thousand dollars you can buy a property in a good area that costs about 120-150 thousand dollars. And generate for yourself a passive income of about 10% -8% net.

Successfully !
Gilad Oz

Link to the original post on the United States Real Estate Forum on Facebook - Works on a desktop computer:
http://bit.ly/2Ic8kfh

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