Posted on: August 18, 2014
In 2012, I decided to take advantage of depressed real estate prices in Florida. However, I was unsure how to proceed. Being a Canadian who had never purchased property in the US, I did not want the stress of managing the properties myself, nor did I understand the local market.
After researching the options, which included doing it all myself, or working with a local agent, I found MSR Americas. What MSR offered was exactly what I was looking for – a fully managed approach. They provided the expertise to find great investment condo opportunities that returned an immediate 8-10% cash return, they identified the right communities to invest in with well managed Home Owners Associations, they ensured the property was already rented with long-term tenants, and they made the closing process easy. Essentially, they took care of everything and now they manage the properties for me at a reasonable management fee rate.
Every quarter, I receive a direct deposit in my bank account with a full accounting of rental revenue and expenses. I trusted MSR Americas with my US property investment decisions and it has paid off.