Getting started can be a daunting step, especially as an expat and the market you want to invest in is around a 14-hour flight away. But there’s a lot you can do remotely with just your laptop and phone. In today’s episode, Dan and Sam run you through the steps you can take from home to get yourself started. We’ve even dedicated the Expat Essential to this, with a to-do checklist and stamp duty calculator.
Step 1 - Discover more about which strategy appeals to you. (Some will be more difficult than others for an expat):
- Buy To Let
- Serviced Accommodation/Short Term Lets (Airbnb etc)
- HMO (House in Multiple Occupation)
- Flipping
- Off Plan
- Refurb, Refinance, Rent
Step 2 - Start doing top-level research of the area you want to begin targeting. Look for strong fundamentals like:- Transport Links
- Infrastructure
- Schools/Universities
- Hospitals
- Employment prospects
- Future Investment
Step 3 - Research and build your power team. Speak with multiple people to get as many points of view as possible:- Accountant
- Mortgage Broker - Don’t forget Stamp Duty is different for an expat
- Estate Agents
- Solicitors
- Trades People
Find out more, get in touch and say "hello!" - click here