Rickson9As a semi-related aside, MoneySense magazine just finished interviewing me for their summer 2011 edition about investing in U.S. real estate. It should be out in newsstands in a couple months. I declined to answer some questions due to the fact that I am still buying.
ChrisDaviesThe tax systems and immigration laws which prevent you from doing any work on your property are just two big reasons why there's a lot of landmines down there.
Arizona has strict
laws regarding noncompliance with rental agreement and nonpayment of
rent. For example, if a tenant provides false information on the rental
application, Arizona landlords have the right to deliver a written
notice to the tenant and terminate the rental agreement within 10 days.
Thanks for sharing. I like Canadians Snap Up U.S. Properties
very much. Very useful for me.
Apart from that, you also can ref more resources at: Fannie Mae interview questions
QUOTE (Rickson9 @ Sep 13 2010, 04:05 PM)
Ultimately it will be fun to see who will be right - Buffett or the IMF!
Who's usually right? Rhetorical question of course.
As a US Real Estate investor, you will love today's following interview on Bloomberg:
And for those only interested in RE: fast forward to the 7m:05s minute mark.
PS, you're always running the risk to give a lot of profits back in the currency translation (repatriation). Then again, the BOC will monetize as well.