Today’s special guest, Hector Chomat, is a specialist in the South Florida market who also deals with a lot of Canadian investors.
Because of this, I wanted to ask Hector what he believes Canadian investors should know about investing in the US market. His first piece of advice was for investors to decide how much money they want to invest.
According to Hector, the average rate of return on investment properties could be between 6% and 12% in the US.
Hector also told me he would be happy to work with any Canadian investors through his full-service agency. Particularly, his agency works to help passive investors with everything from finding tenants to arranging financing.
The areas Hector most recommends to Canadian investors are South Florida and also the eastern side of the state.
If you’d like to get in touch with Hector, you can reach him at (305) 716-3232.
And as always, if you have any other questions or would like more information from me, feel free to give me a call or send me an email. I look forward to hearing from you soon.