Mon, 2 May 2016
CW 668 - Jason & Naresh - Why Foreigners Invest in the US, Frequently Asked Investor Questions and Optional Closing Costs
Jason reads applicable news articles supporting thecertainty that the US is the most reliable real estate market inthe world and a Swiss study which touts the benefits childrenreceive when they are born later due to socio-economic changes overtime. He also answers Naresh’s questions about the plethora ofoptional closing costs, using points to buy down your interestrate, and which types of legal entities are available to new incomeproperty investors.
[4:35] Naresh’s first-hand account of the technicalcapacity of India’s countryside.
[9:40] Foreign money comes to the US because the USis an “island of tranquility compared to other parts of theworld”.
[15:15] What are all the closing costs buyers shouldtake into account?
[22:25] If you buy down your interest rates withpoints your closing costs will be higher.
[24:18] What kind of legal entity should a newinvestor create to hold their single-family home investments?
[28:02] You can’t hear the dogs that don’t bark isthe profound impact of something unseen or that didn’thappen.
Mentioned in This Episode: