patrick.net

http://www.telegraph.co.uk/finance/personalfinance/investing/10324308/I-bought-four-houses-in-Atlanta-Georgia-without-setting-eyes-on-them.html

How would you feel about buying property in Atlanta, Georgia – or Berlin or Leipzig in Germany – without ever setting foot in those places? It goes against every grain of received property wisdom, yet many people are becoming landlords to tenants on the other side of the world – and profiting handsomely. This is not the well-established trend of buying a property in Florida or Spain and using it for a week or two in the winter and then renting it to holidaymakers. This is buy-to-let with a twist: the properties are overseas, often in cities unknown to tourists....