Real estate can be a great way to generate both long-term equity and short-term rental income. If you’re willing to extend your reach a bit on the risk/reward spectrum, buying a property in an international destination can potentially bring even greater rewards.
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You’ll have to contend with additional risk factors — from currency fluctuations and governmental regulations to the distance and unfamiliarity of investing in a foreign land — but there can be sizable benefits to doing so. For example, you can often purchase properties overseas with similar or even better amenities than you can find in the United States at a far lower price point. You may also find that you enjoy the thrill of owning rental properties in exotic destinations around the globe.
With home prices in