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Otton Exposes US Property Investing Pitfalls for Foreign Investors
3 pages
Published by
Yogendra Oza
PRWeb ebooks - Another online visibility tool from PRWeb
Otton Exposes US Property Investing Pitfalls for Foreign Investors
There are many people making money from US property investing, but rarely is it overseas
investors.
Australians,...
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PRWeb ebooks - Another online visibility tool from PRWeb
Otton Exposes US Property Investing Pitfalls for Foreign Investors
There are many people making money from US property investing, but rarely is it overseas
investors.
Australians, who are being particularly targeted by persuasive speakers, often
appear to be the victims in this highly volatile market.
(Vocus/PRWEB)December 13, 2010 -- First it was the Savings & Loan crisis of the 80s, now it is the global
recession, but whatever the cause, it is possible to purchase investment properties in the US at deceptively
bargain-basement prices.
The trouble is that foreign investors, particularly the Australians being targeted, assume that laws and
regulations, and the rental environment in the US are similar to what they are at home.
They soon find that this
is not the case, and that instead of reaping the rewards promised, they face huge maintenance bills and a
property management minefield.
Australian Rick Otton has been investing
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