Does anybody knows where can I be informed about the rents in Chicago?
Hi - I have some property in different countries including Brazil, France, UAE and the USA. I recently purchased in the US in Miami and Pontiac near Detroit. I bought a Miami studio for a small price in South Beach for 70K USD and did some work and now rent it for 800 USD. I think the apreciation potential is huge as for that price in Europe you know buy a garage... the yeld is also decent around 6% . Be very carefull with the condo fees that can eat on you!! chose a condo with lowest fees!I don't think anyone would argue about the relatively low cost of housing in US. I am looking to make an investment purchase over there towards the end of this year, however it can be quite tough for an outsider. For starters Where? The US is so big with varying prices, rental yields etc etc.
I will go to The States for a couple of weeks to make a purchase, however I thinnk it would be quite easy to go there and come back confused.
What are peoples opinions for the best places to invest in US?