Episode 66: Ex-Pat Overseas Remote Real Estate Investing with Brian Davis
Summary
Today's show is all about hands-off investing! My guest today has lived overseas since 2015, yet remains active in real estate and so much more. Talking with us today about how to run a podcast, a co-investing group, and creating active and passive income while not physically present, Brian Davis tells us all about how to be intentional in your lifestyle design! Join us!
Listen to full episode :
Meet Our Guest!
Brian Davis is a real estate investor and personal finance writer with over two decades in the real estate and finance industries. After graduating from University of Delaware in 2003 with two useless B.A. degrees and an even more useless minor in anthropology, he fell headfirst into real estate finance by accident.
Then he promptly went on a property buying spree from 2005-2008. It was what you might call a “learning experience,” all of the lessons expensive.
Eventually, Brian tired of landlording and unloaded his own portfolio of rental properties. But he still loved real estate as an investment, and today he owns fractional shares in over 2,000 units.
The difference? Nowadays he only invests passively in real estate.
Along with his wife and daughter, Brian spends most of the year abroad living by his own rules. He loves hiking, cooking, pairing wine with said cooking, scuba diving, and occasionally surfing (badly). And writing: he writes as a real estate and personal finance expert for Inman, BiggerPockets, R.E.tipster and dozens of other publishers.
Most of all, Brian loves showing others how they too can create their ideal lives through real estate investing and lifestyle design.
This week’s blog post:
Hello, everyone! I'm Doctor Jennifer Salisbury, your guide through the fascinating world of landlord life and real estate investing. Today, I'm thrilled to share insights from an enlightening conversation with Brian Davis, a dynamic entrepreneur who's mastering the art of remote real estate investment from overseas. Let's dive into the heart of this journey, exploring the unique challenges and opportunities it presents.
The Birth of an Overseas Investor
Meeting Brian Davis
Brian, an American living abroad, caught my attention in a landlord Facebook group. His journey, from managing properties in the US while living overseas to diving into the world of remote real estate investment, is nothing short of inspiring.
The Shift to Remote Investing
Living in Lima, Peru, with a history of residences in various countries, Brian shared how his move overseas in 2015 prompted a significant shift in his real estate strategy. Transitioning from hands-on property management in Baltimore to engaging in remote investments, Brian's experience underscores the importance of adaptability in today's global landscape.
The Mechanics of Remote Real Estate Investing
The Power of Education and Collaboration
Brian emphasizes the role of education and a supportive community in successful remote investing. His involvement in creating a highly active online community for landlords and real estate enthusiasts highlights the benefits of shared knowledge and resources.
Building a Global Real Estate Portfolio
Brian's strategy focuses on leveraging partnerships and technology to manage investments from afar. His story illustrates how remote real estate investing not only is possible but also can thrive with the right approach and mindset.
Embracing the Ex-Pat Lifestyle
The Perks of Living Abroad
From breathtaking views in Peru to exploring new cultures, Brian's expat life is filled with adventures that enrich his personal and professional growth. His experience offers a compelling look at how living abroad can open up unparalleled opportunities for real estate investors willing to think outside the box.
Navigating Challenges
Despite the allure, expat life comes with its own set of challenges, especially when managing investments across continents. Brian discusses the importance of reliable partnerships, effective communication, and the right tools to overcome these obstacles.
Conclusion: The Future of Remote Investing
As we wrapped up our conversation, Brian's journey left me contemplating the immense potential of remote real estate investing. His ability to adapt, learn, and grow in an ever-changing environment provides a valuable blueprint for anyone looking to expand their investment horizons, regardless of where they are in the world.
Thank you for joining me on this exploration of remote real estate investing from an expat's perspective. Brian Davis' story is a testament to the possibilities that await when we dare to venture beyond our geographical boundaries.