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EU citizen buying real estate in US and renting it out.
#6

EU citizen buying real estate in US and renting it out.

My dad (Canadian) scooped a mobile home in a trailer court for snow birds in Florida when the market crashed in 2009 for $30,000. Him and his missus stay in it most of the winter but they rent it iut in April for $1200, basically they could get that amount from November until May, so 7200/year, not bad considering the initial cost. Apparently a lot of Canadian retirees are selling their mobile homes and condos these days due to our low dollar.
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