International Investment Property

I am a classic passionate enthusiast when it comes to Investment Property. My particular passion and focus is on the International Investment Property.

I've been focused in the past 6 years on building my International Investment Property
Portfolio. Though it tends to be in burst of activity, that I go on the hunt for the next piece of property. My current favourite is overseas property.

Investing in overseas property is simple and uniform (there are few local rules to learn). Given that it is so easy and cheap to travel these days, I am surprised that most people still only consider owning investment properties within a few miles of their home. What is stopping them from finding real estate gold mines further away?

Nevertheless, there's a couple of important things to know, for those thinking about starting their own International Investment Property Portfolio (or you may have one already).

What are some Key Criteria that makes an International Investment Property a good deal?

a) Location- There is no one optimal place to invest. Suburb in the city is not the only place to consider. There are always windows of opportunity that come up from time to time.

b) Country and market analysis- There is no qualification required for being an international property investment profession. You just have to move from country to country to pick the eyes out of local conditions, rules, tax laws and economic circumstances.

c) Local finance versus overseas finance- properties investment using the local banks peg to the currency of your country yields a higher ROI in a long run. Very low interest loans from overseas finance are possible but because of the fluctuating dollar, you could see yourself going backwards.

d) Property management- Treat International Property Investment like any other business. You need staff to run the daily operation while you are looking for future deals. By the way, did I mention you need to buy an air ticket to change the light bulb when the tenants call up in the midnight?

e) Scouting trip- Although it is entirely not compulsory as online property viewing is common nowadays. Such a trip, being part of your business as an investor, would be tax-deductible. Other than having some fun, leaning a bit, meeting some interesting people.

Now the question most investors want answered is "What is it worth?".

There is indeed a gauge with market value and something like the Where to Buy Property Abroad 2008: An Investors Guide is a huge help.

It really is a must have, if you are wanting to start or build up your International Investment Property Portfolio.

So the key points that I would recommend you take away regarding building your own International Investment Property Portfolio are:

i) Location
ii) Country and market analysis
iii) Local finance versus overseas finance
iv) Property management
v) Scouting trip