Episode #992 Try Hospitable, The Highest-Rated Vacation Rental Software: https://biggerpockets.com/strautomation Episode Show Notes: https://link.chtbl.com/BPRE Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Grab the Book “Long-Distance Real Estate Investing”: https://store.biggerpockets.com/products/long-distance-real-estate-investing?utm_source=owned_media Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch See Dave at BPCON2024 in Cancun! https://www.biggerpockets.com/events?utm_source=youtube&utm_medium=description&utm_campaign=none 3 Things to Consider When Buying Properties Internationally: https://www.biggerpockets.com/blog/real-estate-investing-international?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Dave: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none Love traveling? Want to make more money? Looking for real estate with lower price points and higher returns? International real estate investments may be for you. Whether you want to own a home near the mountains of Mexico, the beaches of Belize, or a small seaside town, buying property abroad could make your dreams come true. But is it easy enough for a beginner? And what should you know before making the big jump to out-of-country real estate investing? Michael Cobb, an international real estate investing expert with over three decades of experience investing in Central America, joins us to give his time-tested advice. Michael hits on how these international investments are like “time machines,” allowing you to find the areas that could see significant popularity boosts in the future, pushing YOUR property values higher. He even shares which markets abroad are best for cash flow or appreciation. But before you jump the gun and buy a property abroad after your next cruise, heed Michael’s advice. He shares how to pick a market where investors can find the best returns and what you MUST do before you buy your first investment abroad. 00:00 Intro 01:45 Why Invest Abroad? 05:51 Buying in Central America 10:50 Easy Enough for Beginners? 20:43 Where Investors Should Buy 26:11 Picking a Market