Hot Seat 17 - Investing in the US: An Aussie's Guide to US Real Estate with Reed Goossens

On March 25, 2016, Jason Hartman joined Reed Goossens about the pros and cons of different kinds of investment properties. Reed hosts the podcast "Investing in the US: An Aussie's Guide to US Real Estate", which is a podcast for investors and real estate entrepreneurs looking to break into the U.S. market. Reed is an Australian making a go of it in the US. He moved to the US back in 2012. He went from buying small duplexes for $45,000 to raising money from investors to buy large multi family apartment communities across the US. To date Reed has been involved in the acquisition of over $60 mill. worth of multi family real estate. He certainly lives up to the 'never say die' Aussie attitude when it comes to being a successful entrepreneur. Key Takeaways: [3:15] Something you might not know about Jason [8:45] Investing in linear markets [13:15] Why Jason buys in linear markets instead of the big names [17:40] The importance of standardizing data [21:00] The categories of properties [25:55] Why do people rent when they can afford rent that's higher than the mortgage? [30:30] Advice for a foreigner looking to get into the US market Website: www.rsnpropertygroup.com/podcast/ www.jasonhartman.com www.cozy.co