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Published:
March 26, 2019

Investing in International Real Estate For Dummies

Overview

Aspiring international real estate investors—expand your portfolio today! 

The real estate world can be a particularly difficult place to do business, and this book helps aspiring international investors of all skill levels avoid some of the pitfalls first-timers often make. Expert author Nicholas Wallwork opens your eyes to how accessible international real estate can be and provides an excellent introduction to some of the main strategies and nuances when investing at home or away.   

Investing in International Real Estate For Dummies covers expert strategies for investing in international real estate, going beyond the more obvious tactics like buy-to-lease and flipping houses. It gives you a solid roadmap for successful property investing that actually works in any market. It lays out checklists of tasks and offers step-by-step guidance and advice based on over a decade of in-the-trenches experience working in the international real estate investment sector.

  • Learn previously unseen expert strategies
  • Find out how to choose which countries to invest in
  • Easily navigate your way around lease options
  • Build an in-country network of reliable contacts
  • Manage your new assets with ease
  • How to build the mindset of a top real estate investor

Looking to start or expand your international real estate portfolio? Everything you need is at your fingertips!

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About The Author

Nicholas Wallwork is a successful entrepreneur, multimillionaire real estate investor, developer, and property and business mentor. He is known across all media channels as a highly respected authority in the real estate investment world and has an extensive and proven track record for delivering successful, high-return investments for his clients and students. Wallwork is dedicated to helping educate investors. Visit www.propertyforum.com/ real-estate-courses for upcoming companion courses to this book.

Sample Chapters

investing in international real estate for dummies

CHEAT SHEET

Investing in real estate can be lucrative, but it isn’t risk-free. One key to weathering the ups and downs of the real estate market is diversification. Other strategies for making the most of your real estate investment is owning a house in multiple occupation or a service accommodation. Finally, don’t close the door on rent-to-rent and lease options.

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Articles from
the book

Besides simply buying and selling property, you can invest in real estate in several different ways. Take a look at a range of ways investors and entrepreneurs get into property investing or build property-related businesses. ©Andrey_Popov/Shutterstock.comAs with any strategy, education is a key part of success.
There are several different methods used to value property, but here are the three most common methods: Market comparison approach: Compares the property being valued with other similar properties that have recently been sold in that area Income or investment approach: Looks at how much income the property being valued is already generating or could potentially generate Cost approach: Looks at how much it would cost to build an equivalent property Each valuation method is independent of the others, meaning an appraiser will mainly use only one approach rather than a combination of all three approaches to determine the value of any one property.
Knowledge is power, as the saying goes. But knowledge also is a tool — a tool for building wealth and personal freedom. A bit like a spanner or a wrench, only slightly more glamorous. ©goshutter/Shutterstock.com In most professions, continual education is key to staying on top of your game. The people who progress well and succeed are the ones who are continually evolving.
You’ve sourced a promising investment property, you’ve arranged appropriate financing, and you’re ready to start your project. So, what now? Do you need professional help? You might. Know where you need professional help You can’t do it all yourself. Even if you’re an extremely skilled jack-of-all-trades, personally handling every element of the build or refurbishment is probably not the best use of your time — not if you want to really grow as an investor and build multiple income streams.
Investing in real estate can be lucrative, but it isn’t risk-free. One key to weathering the ups and downs of the real estate market is diversification. Other strategies for making the most of your real estate investment is owning a house in multiple occupation or a service accommodation. Finally, don’t close the door on rent-to-rent and lease options.
When choosing whether to invest abroad, consider two simple questions: Do you have a passion or affinity for a particular country? If so, how much do you know about that market? These questions often surprise people, because they’re not about money, specific investment strategies, real estate expertise, or experience.
Picture a buoyant property market and what that means for real estate investors. Prices are strong, and rising month after month (maybe even, as we saw in the last property bubble, rising steeply month after month). There is an ample supply of buyers. Demand is high, and properties sell fast. This is what’s known as a seller’s market.
A financial crisis that leads to a credit crunch (a sudden drop in the availability of financing) is challenging for most real estate investors, especially in the first 12 to 24 months of the crisis. There’s a lot of uncertainty, verging on what can sometimes feel like pandemonium. The value of assets is dropping, perhaps sharply, meaning your properties are worth less than they were the year before, or even the month before.
Finance is a key element of success and growth when you're investing in international real estate. Think of how a regular business grows from a small startup to a large multinational. Rarely do the business owners have the cash to fund the necessary expansion themselves — and even if they did, they might have other uses in mind for their cash.
Value is easy, right? It’s the price you pay for a property? Well, it’s not quite that simple — price and value aren’t always the same thing. Real estate appraisal or property valuation is the process of determining what a property is actually worth. This may or may not be the same as its price. Appraisers go under different names depending on where you are in the world; real estate appraiser, property valuer, and chartered surveyor are the most common names.
Passive income is the key to building real wealth. Think of passive income as another name for yield (the money you make on an investment). What makes it passive is that, after it’s up and running, the investment requires minimal input from you for the income, or yield, to keep coming in, month after month. @ Aidan Hancock / Unsplash.
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Frequently Asked Questions

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