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'I bought four houses in Atlanta, Georgia without setting eyes on them'

By Strategic Renter follow Strategic Renter   2013 Sep 22, 1:50pm 1,984 views   3 comments   watch   nsfw   quote   share    


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....

1   cvos   ignore (0)   2013 Sep 22, 3:43pm     ↓ dislike (1)   quote   flag        

Why should Americans have a monopoly on massive speculation ?

2   HEY YOU   ignore (8)   2013 Sep 23, 1:31am     ↓ dislike (0)   quote   flag        

Nothing could go wrong.

3   curious2   ignore (0)   2013 Sep 26, 3:19pm     ↓ dislike (0)   quote   flag        

Strategic Renter says

'I bought four houses in Atlanta, Georgia without setting eyes on them'

If you are determined to buy in Atlanta, that is the way to do it.


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