Cover Page: i
Introduction Page: 1
About This Book Page: 2
Foolish Assumptions Page: 3
Icons Used in This Book Page: 3
Beyond This Book Page: 4
Where to Go from Here Page: 4
Part 1: Building a Successful Real Estate Portfolio Page: 5
Chapter 1: Introducing Real Estate Investment Strategies Page: 7
Taking Your Real Estate Investments to the Next Level Page: 8
Focusing on Investment Strategies That You Can Use Internationally Page: 11
Running Your Property Portfolio as a Business Page: 12
Getting Your Financial Ducks in a Row Page: 13
Blending Real Estate Strategies to Create a More Robust Portfolio Page: 14
So Which Strategies Are Right for You? Page: 20
Chapter 2: Investing at Home or Abroad: Which Is Right for You? Page: 23
Deciding Whether to Invest Abroad: It’s Not All about the Numbers Page: 24
Considering Your Budget Page: 26
Assessing Your Risk Profile Page: 28
Figuring Out How You’ll Manage Your Property Page: 31
Drilling Down to the Right Market for You Page: 33
Focusing Your Attention on One or Two Key Markets Page: 35
Chapter 3: Treating Your Real Estate Portfolio as a Business Page: 37
Aiming for Passive Income as the Ultimate Goal Page: 38
Drafting a Dream Team Page: 42
Investing in Systems and Technology to Grow Your Business Page: 49
Promoting Your Real Estate Business Page: 53
Managing Your Cash Flow Like a Boss Page: 55
Getting the Right Insurance Page: 57
Chapter 4: Protecting Yourself against Market Fluctuations Page: 61
Diversifying Your Portfolio with Multiple Revenue Streams Page: 62
Finding Strategies That Work Well in a Boom Market Page: 65
Finding Strategies That Work Well in a Credit Crunch Page: 68
Doing the Opposite of What the Mass Market Is Doing Page: 71
Tailoring Your Funding to Economic Fluctuations Page: 72
Considering Foreign Exchange Rate Risks Page: 75
Chapter 5: Getting into the Mind-set of a Successful International Real Estate Investor Page: 77
Continually Improving through Education Page: 78
Networking in the Right Places Page: 80
Setting Your Goals Page: 82
Cultivating a Positive Mental Attitude Page: 85
Visualizing for Success Page: 88
Harnessing the Law of Attraction Page: 91
Meditating to Manage Stress and Risk Page: 95
Part 2: Money, Money, Money Page: 99
Chapter 6: Weighing Traditional Finance Options Page: 101
Finance as a Key Element of Success and Growth Page: 102
Considering the Main Financing Factors Page: 104
Assessing a Range of Traditional Finance Products Page: 112
Finding the Right Product for You Page: 117
Dipping into International Finance versus Domestic Finance Page: 118
Chapter 7: Understanding Property Valuation Page: 119
Defining Value and Real Estate Valuation Page: 120
Seeing Why Valuation Is Fundamental to Property Success Page: 123
Looking at the Three Main Valuation Methods Page: 128
Knowing Which Method Is Best for You and How Much an Investment Is Worth Page: 132
Special Considerations for Valuing Property Abroad Page: 134
Chapter 8: Looking at More Creative Financing Options Page: 135
You Down with OPM? Investing with Other People’s Money Page: 136
Joining Up with a Joint Venture Page: 138
Securing Private Lending Page: 146
Crowdfunding Your Way to Real Estate Success Page: 149
Getting Control of a Property Instead of Owning It Page: 149
Applying Creative Financing Strategies Overseas Page: 150
Part 3: One-Off and Shorter-Term Income Strategies Page: 153
Chapter 9: Developing Properties Page: 155
Knowing What Property Development Means Page: 156
Deciding Which Development Strategy Is Best for You Page: 157
Sourcing Development Opportunities Page: 161
Financing Your Development Projects Page: 165
Managing the Development Page: 169
Five International Locations Where This Strategy Would Work Page: 176
Chapter 10: Dealing in Property Information Page: 179
Dealing in Investment Property Leads: The Five-Minute Lowdown Page: 180
Generating and Selling Property Leads Page: 183
Acting as a Retained Buyer’s Agent Page: 192
Five International Locations Where This Strategy Would Work Page: 196
Part 4: Ongoing and Passive Income Strategies Page: 199
Chapter 11: Making Rent-to-Rent Work for You Page: 201
Defining Rent-to-Rent: The One-Minute Rundown Page: 202
Addressing Rent-to-Rent’s Image Problem Page: 203
Applying Rent-to-Rent across a Range of Properties and Strategies Page: 205
Margin in the Middle: Understanding the Rent-to-Rent Financial Model Page: 209
Sourcing the Ideal Rent-to-Rent Property (and Landlord) Page: 213
Sorting Out Your Rental Agreement Page: 218
Finding Tenants and Managing the Property Page: 220
Identifying Five International Markets Where This Strategy Would Work Page: 222
Chapter 12: Leveraging Lease Options Page: 223
Understanding Lease Options and How They Work Page: 224
Understanding the Financial Model for Lease Options Page: 228
Knowing What’s in It for the Property Owner Page: 232
Sourcing Lease-Option Opportunities Page: 233
Negotiating the Deal and Contract Page: 236
Identifying Five International Locations Where This Strategy Would Work Page: 240
Chapter 13: Delving into Houses in Multiple Occupation Page: 243
Introducing HMOs Page: 244
Breaking Down the HMO Financial Model Page: 245
Sourcing HMO Properties Page: 246
Deciding Who You Want to Rent To Page: 249
Finding the Best Location for Your HMO Page: 249
Staying on the Right Side of the Law Page: 250
Managing Your HMO Page: 255
Scaling Up Your HMO Portfolio Page: 262
Identifying Five International Locations Where This Strategy Would Work Page: 263
Chapter 14: Renting to Students and Low-Income-Housing Tenants Page: 265
Knowing What’s Involved in Renting to Students and Low-Income-Housing Tenants Page: 266
Looking at the Pros and Cons of Renting to These Tenant Groups Page: 268
Sourcing the Right Kinds of Property for Students and Low-Income-Housing Tenants Page: 270
Marketing Your Property and Finding Tenants Page: 272
Drafting the Tenancy Agreement Page: 275
Physically Preparing Your Property for Use Page: 278
Managing Your Property Effectively Page: 281
Looking at Five International Locations Where This Strategy Would Work Page: 283
Chapter 15: Providing Serviced Accommodation Page: 285
Defining Serviced Accommodation Page: 286
Looking at the Pros and Cons of Serviced Accommodation Page: 289
Deciding What Level of Service to Offer Page: 294
Sourcing Serviced Accommodation Properties Page: 296
Preparing Your Property for Serviced Accommodation Use Page: 299
Navigating Planning and Regulatory Restrictions Page: 301
Getting the Right Business Processes and Systems in Place Page: 302
Managing Your Serviced Accommodation Business on an Ongoing Basis Page: 306
Identifying Five International Locations Where This Strategy Would Work Page: 307
Chapter 16: Providing Vacation Rentals, at Home and Abroad Page: 309
Knowing the Difference Between Vacation Rentals and Serviced Accommodation Page: 310
Choosing the Right Location for You Page: 312
Planning for Costs, Cash Flow, and Variations in Occupancy Page: 314
Sourcing the Ideal Property for Vacation Rentals Page: 318
Preparing Your Property for Use Page: 320
Marketing Your Vacation Rental Page: 324
Managing Your Vacation Rental Page: 327
Identifying Five International Locations Where This Strategy Would Work Page: 329
Part 5: The Part of Tens Page: 331
Chapter 17: Ten (Or So) Practical Ways to Get into the Mind-Set for Success Page: 333
Tapping Into Education Resources Page: 333
Using Productivity Apps and Tools Page: 334
Learning to Be in the Here and Now Page: 335
Cementing Your Goals Using a Vision Board or Goal List Page: 337
Trying Out a Visualization Exercise, Real Estate Style Page: 338
Incorporating Positive Affirmations into Your Day Page: 339
Recognizing and Giving Thanks for Your Successes Page: 340
Downloading Helpful Apps Page: 341
Chapter 18: Ten (Or So) Other Real Estate Strategies to Consider Page: 343
Delving into Buy-to-Rent (Single-Tenant) Properties Page: 344
Flipping Houses Page: 344
Running a Bed-and-Breakfast, Guesthouse, or Hotel Page: 345
Owning or Running a Care Home Page: 346
Becoming a Real Estate Agent, Rental Agent, or Property Manager Page: 347
Investing in Real Estate Investment Trusts Page: 348
Offering Emergency Housing Accommodation Page: 349
Getting into Commercial Property Page: 350
Trading in Freeholds Page: 351
Index Page: 351
About the Author Page: 367
Advertisement Page Page: 369
Connect with Dummies Page: 370
End User License Agreement Page: 371
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
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- 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!
