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thanks for the advice so far. some good tips so far.
i dont intend on moving the the States anytime soon, so the intention is to rent it out for now with the view of it appreciating. Australian property and interest rates arent very accessible to a lot of people right now, and much more expensive than in the states. hence, why im looking at my options.
a few questions if anyone knows...
as a non resident/non citizen will i be liable to pay tax under US laws? i currently live in a tax free country, so i dont know how rental income in the states would affect me or even be applicable.
Ideally id want to buy a place in a well sought after location and that has good access to public transport and schools.
im not interested in buying in Utah, Texas or the south. As much as i love the people of chicago, id freeze the moment the mercury went under 10C. I dont have to live out in death valley. Sydney is quite temperate, and i enjoy that weather (ranges between 30-10C generally), so im ok with winters (even though i havent experienced a full winter in about 4 years now)
obviously i want to spend as less as possible, but also own a place in a nice suburb so that the place doesnt get trashed. if i got someone to manage it, what sort of fees do they take for managing the property?
ive had a look at that link Wes. is there a way of searching without going to individual agents?
...and Xeryxs, im not moving to NC. Gucci lives there.
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