The player is loading ...
Sign up to get updates from us
Discover the real estate investment potential for Canadians in the US market, learn the steps to take to set up legal and financial processes and avoid trouble with taxes, and know more about the biggest mistake that Canadians do in investing in the Un...
Discover the real estate investment potential for Canadians in the US market, learn the steps to take to set up legal and financial processes and avoid trouble with taxes, and know more about the biggest mistake that Canadians do in investing in the United States.
Resources/Links
Summary
Glen Sutherland is a real estate investor who invests in Ontario, Alabama, Indiana, and Missouri from Cambridge, Ontario. After getting comfortable with being an hour and a half from his rentals, he made the jump to the USA for lower property taxes, more favorable landlord laws, and low purchase prices.
In this episode, Glen recounts his personal real estate investing experience as a Canadian in the United States. Learn from him the do’s and don’ts in setting up legal and financial structures and avoid tax issues. Discover the advantages of investing cross border to achieve higher ROI on his investments.
Topics Covered:
Key Takeaways:
“I think the big mistake is that the numbers are different. The number, like they see a house that’s like 75,000 that rents for $750 a month. And then go and buy it. But they don’t realize that that’s a commonplace. And they’re not buying a deal at all. And they’re buying at a market or even above market. And they, they don’t understand that because it’s totally different. You bought that $75,000 property, but it’s only worth $65,000, and it’s going to take you five or 10 years to get up to your 75.” – Glen Sutherland
Connect with Glen Sutherland:
Connect with Dave Dubeau:
Enjoyed the Podcast?
Please subscribe on iTunes for updates
