TOP 11 MISTAKES CANADIANS MAKE WHEN PURCHASE REAL ESTATE IN PHOENIX, ARIZONA
Canadians real estate investors are starting to look at Phoenix, Arizona as a great city to purchase real estate for three reasons:
- Second Homes
- Investment Homes
- Fix and Flip Homes for Profit
However, Canadian citizens do not know who to call. Many Canadians call up a Realtor by using the Internet hoping that the agent is knowledgeable and understands the needs of the client. However, that is not the case. Anybody can show a home. The Real Estate and Beyond Team has teamed up with local Canadian experts.
TOP 11 MISTAKES CANADIANS MAKE WHEN PURCHASING REAL ESTATE IN PHOENIX, ARIZONA
- Not having an experienced team in place in both Canada and the U.S.
- Not doing their due diligence or number crunching
- Not knowing the market - choose an area and become a specialist in that area. Once you become a specialist your risk is dramatically reduced.
- Not have an excellent property management company
- Paying Canadian banks too much on foreign exchange and wire transfer fees
- Not setting up their legal entity structures correctly to minimize taxes and liability
- Not utilizing proper tax experts. With proper planning, a good tax strategy and the right advisors you can greatly reduce and in some cases even eliminate the tax on real estate income.
- Paying above market value for a property when there are ways of getting below market value properties
- Buying on emotion instead of strategy
- Moving too quickly
- Not listening to their intuition
The Real Estate and Beyond Team was created to be a one stop show for all real estate investors. We love to service Canadian real estate investors that want to purchase real estate in Phoenix, Arizona. We put real estate investors in the position to take advantage of this great real estate market. Please contact the experts today to start your real estate purchasing today. Again, we can put you in position starting today to purchase Phoenix, Arizona real estate. This market will not last forever.
By the way, I host a weekly two hour talk radio show on real estate investing on KKNT 960 each Saturday from 12-2PM Phoenix Mountain Time. Listen Live and Listen to Podcasts
Make the Call, Set the Plan, Do the Deal$!
Feel free to listen to my Radio Show to learn more about the phoenix real estate market, new trends, and the latest opportunities. The Real Estate and Beyond Radio Show Airs every Saturday from Noon-2:00pm on Conservative Newstalk KKNT 960am in Phoenix, Arizona. You can listent to past shows, or stream on-line.
Phoenix Real Estate Resource Center
Follow Me On: 
Harry, it must be very helpful to the Canadians to have someone understand the posible pitfalls! Best to you!
I do my best Connie Thanks
I always find your blog posts very informative. Thanks for the continued contribution on ActiveRain.