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nickmarr
New Member
Buying overseas property is a great way to own property as an investment. The key is making your profit on the purchase i.e securing a low purchase price that will give you a profit on a subsequent sale.
But what about your exit Strategy?.
Apparently you should have one in any overseas property investment, How are you going to get out when for example you need the money. my top tip is always buy where the demand is not only from one sector i.e the overseas property market.
The Plan
You should buy property where you have at least two sets of buyers to approach in case one day you need to call 911 on your financial situation and get out quickly.Brazilian real estate is a great when it comes to sell most good developments or land can be sold not only to foreign investors but also to local buyers. Selling overseas property fast may mean dropping the price so a low purchase price is essential. Buying very expensive property abroad will reduce your market and you will need to consider your exit plans . This is a serious factor for the savvy investor
But what about your exit Strategy?.
Apparently you should have one in any overseas property investment, How are you going to get out when for example you need the money. my top tip is always buy where the demand is not only from one sector i.e the overseas property market.
The Plan
You should buy property where you have at least two sets of buyers to approach in case one day you need to call 911 on your financial situation and get out quickly.Brazilian real estate is a great when it comes to sell most good developments or land can be sold not only to foreign investors but also to local buyers. Selling overseas property fast may mean dropping the price so a low purchase price is essential. Buying very expensive property abroad will reduce your market and you will need to consider your exit plans . This is a serious factor for the savvy investor