The United States is the place to invest right now. In fact, many international investors are moving money into US real estate, particularly in the Dallas/Fort Worth area, to diversify their investments. Others have been investing for a while now and want to seize the opportunities of DFW’s fast-growing market.
Either way, these savvy investors realize that moving their money out of the country is a big move that requires trust. Yet the potential gains make it a worthwhile investment.
So why Dallas/Fort Worth? This is an area experiencing population and economic growth with no geographical boundaries to hinder its expansion. In fact, it seems nothing can stop its progression. All the projections make DFW a clear choice for real estate investmentst.
And at LEAP, we’ve made buying Dallas investment properties from out of the country as easy as it would be to buy from right here in town.
Steps to Buying Out-of-Country Investment Properties in DFW
1. Understand Your Goals
If you decide the DFW market is too hot to resist, call us so we can talk about your goals. Whether you’re across the world or right next door, we want to know you and what you hope to gain from your investment. Are you looking for cash flow or capital gains on depreciation? Those answers direct our search towards properties that meet your expectations.
Related: How to Get Started Investing in Out-of-State Rental Property
If you need a certain cash flow each month, we’ll search properties where the sales price vs. rent rate makes that possible. That eliminates some areas altogether and brings others to the forefront. However, if you tell us you’re interested in the “buy and hold” strategy, we know which counties to focus on instead.
2. Set Expectations and Search for Properties
After we understand your goals, we want you to understand our process. We’ll figure out the best ways to keep an open line of communication and help you understand how we do business. Then we start searching.
We set up a search to meet the criteria and let you know as properties come available. Then we take pictures, make a video, and compile a full analysis of each property. We’ll send you that info, including the cost to rehab, the after-repair value, and rental comps. Essentially, we aim to be your eyes and ears in the DFW area.
Here, our goal isn’t the sales commission. Instead, we want to build a long-term relationship with our investors. We will not sell a client something we are not confident we can lease and manage.
3. Make an Offer
After we narrow the selections to the best prospects, we’ll make offers based on the initial analysis. When an offer is accepted, we then get the property inspected and get bids on the work that needs to be done.
Related: 7 Reasons Dallas-Fort Worth is A Top Choice for Real Estate Investors
All that information goes back to the client. We review the inspection report with you, negotiate repairs on your behalf, and finalize bids to get the best price for the property.
Communication
As we work together through this process, we make communication as easy as possible. Whether you’re on Central Standard Time or Beijing Standard Time, we can make this investment happen. We collect and disburse rent electronically, giving you access to statements 24/7. It’s as simple as logging onto a secure portal.
As long as you’re available to make executive decisions either by phone or email as needed, you’ll never have to be here in Dallas. We strive to make your investment work, regardless of your location.
Ready to get started? Give us a call or send us a message to discuss your out-of-country investment options in North Texas.
