{"product_id":"buying-u-s-real-estate-isbn-9781118431207","title":"Buying U.S. Real Estate","description":"\"I would consider this the bible for any Canadians wanting to invest in US real estate.\"\u003cbr\u003e —\u003cb\u003eW. Brett Wilson\u003c\/b\u003e, Entrepreneur, Recipient of the Order of Canada, and former Dragon  \u003cp\u003eThe thought of buying property in the United States has been on your mind. Perhaps family members or friends already own real estate in the Sunbelt and you've enjoyed the occasional visit. You sense the market isn't as frenzied as it once was but there is still very good value to be found. Whether you are looking for a vacation home or an investment property, you are certainly not alone.\u003c\/p\u003e \u003cp\u003eCanadians continue to buy U.S. real estate at a record pace. But as the economy and laws change around ownership of U.S. property, Canadians need to have the most current information possible at their fingertips. \u003ci\u003eBuying U.S. Real Estate: The Proven and Reliable Guide for Canadians\u003c\/i\u003e is written by experts who own U.S. property and addresses the many cross-border issues and requirements, such as:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eHow to begin your search and find relevant data\u003c\/li\u003e \u003cli\u003eFinding the experts you need on your side\u003c\/li\u003e \u003cli\u003eKnowing that a property meets your lifestyle needs and wants\u003c\/li\u003e \u003cli\u003eKnowing all of your finance options\u003c\/li\u003e \u003cli\u003eHow to proceed with renovations or upgrades\u003c\/li\u003e \u003cli\u003eWhat you need to know about U.S. tax laws\u003c\/li\u003e \u003cli\u003eWhat type of ownership is best aligned with your strategy\u003c\/li\u003e \u003cli\u003eHow to create an estate plan\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eFor Canadians generally, and boomers especially, the right property in the right destination point is integral to their life-rich philosophy.  \u003ci\u003eBuying U.S. Real Estate: The Proven and Reliable Guide for Canadians\u003c\/i\u003e puts all of the pieces of the puzzle together and is an essential guide to reaching one's ultimate destination.\u003c\/p\u003e  \u003cp\u003eForeword xiii\u003c\/p\u003e \u003cp\u003eIntroduction 1\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART I: THE DECISION TO INVEST 7\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInsight 1: The Economics Behind the US Market 9\u003c\/p\u003e \u003cp\u003eInsight 2: Finding the Treasure with the Property Goldmine Scorecard 18\u003c\/p\u003e \u003cp\u003eInsight 3: Let Quality Research Drive the System 21\u003c\/p\u003e \u003cp\u003eInsight 4: Dig for Specific Information and Ignore Generalities 26\u003c\/p\u003e \u003cp\u003eInsight 5: Jobs, Infrastructure, and Gentrification 29\u003c\/p\u003e \u003cp\u003eInsight 6: A Closer Look at Three States 36\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART II: THE DISTRESSED PROPERTY MARKET 45\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInsight 7: Learn to Identify a Distressed Property 47\u003c\/p\u003e \u003cp\u003eInsight 8: Understand the Fundamentals of the US Foreclosure Process 52\u003c\/p\u003e \u003cp\u003eInsight 9: Commit to the Number One Rule, Then Get Your Options Straight 55\u003c\/p\u003e \u003cp\u003eInsight 10: More on Due Diligence 61\u003c\/p\u003e \u003cp\u003eInsight 11: Avoid the Snake-Oil Salesman 66\u003c\/p\u003e \u003cp\u003eInsight 12: Recognize That a Bad Area in the United States Is Very Different from a Bad Area Elsewhere 75\u003c\/p\u003e \u003cp\u003eInsight 13: Look for the Stability of a Good Neighborhood and Follow First-Time Homebuyers 80\u003c\/p\u003e \u003cp\u003eInsight 14: Choose Your Exit Strategy Before You Make the Deal 84\u003c\/p\u003e \u003cp\u003eInsight 15: Know Your Financing Options and Obstacles 91\u003c\/p\u003e \u003cp\u003eInsight 16: Understand the Real Estate Cycle 96\u003c\/p\u003e \u003cp\u003eInsight 17: Find the People Who Can Help You Find Foreclosures 105\u003c\/p\u003e \u003cp\u003eInsight 18: Benefi t from the Five Profi t Centers of Real Estate 113\u003c\/p\u003e \u003cp\u003eInsight 19: What a Full-Service Real Estate Investment Group Offers 118\u003c\/p\u003e \u003cp\u003eInsight 20: Analyze Your Deal 123\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART III: RENOVATIONS AND MANAGEMENT 135\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInsight 21: Work Smartly with Contractors and Subcontractors 137\u003c\/p\u003e \u003cp\u003eInsight 22: Weigh Reno Must-Haves with Nice-to-Haves 143\u003c\/p\u003e \u003cp\u003eInsight 23: Dial Up the Intellect (Dial Down the Emotions) 148\u003c\/p\u003e \u003cp\u003eInsight 24: Do the Big Four Renos on a Rental Property—Now 152\u003c\/p\u003e \u003cp\u003eInsight 25: Get Everything in Writing 157\u003c\/p\u003e \u003cp\u003eInsight 26: Curb Appeal: You've Got Seven Seconds to Impress Me 161\u003c\/p\u003e \u003cp\u003eInsight 27: Run If You Spot Any of the Top Three Reno Red Flags 165\u003c\/p\u003e \u003cp\u003eInsight 28: Hire the Right Property Manager 172\u003c\/p\u003e \u003cp\u003eInsight 29: Make Money by Delegating to Your Property Manager 177\u003c\/p\u003e \u003cp\u003eInsight 30: Set the Rules Up Front with Your Property Manager 180\u003c\/p\u003e \u003cp\u003eInsight 31: Be Smart about Rent Collection 184\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART IV: CROSS-BORDER TAX PLANNING 189\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInsight 32: Understanding US Tax Laws 191\u003c\/p\u003e \u003cp\u003eInsight 33: Taking Title to Your US Property Investments 197\u003c\/p\u003e \u003cp\u003eInsight 34: Deal with Depreciation 202\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART V: LEGAL PLANNING 213\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInsight 36: The Three Pillars of Real Estate Asset Protection 215\u003c\/p\u003e \u003cp\u003eInsight 37: Develop an Asset Protection Plan and Be Prepared to Avoid Lawsuits 219\u003c\/p\u003e \u003cp\u003eInsight 38: Counter Threats to Your Wealth with Foresight 222\u003c\/p\u003e \u003cp\u003eInsight 39: Draw Up a Blueprint for Your Estate Plan 226\u003c\/p\u003e \u003cp\u003eInsight 40: Steer Clear of Asset Protection Fakes, Scams, and Planning Errors 233\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART VI: CROSS-BORDER BANKING AND FINANCING 239\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInsight 41: Understand Cross-Border Issues 241\u003c\/p\u003e \u003cp\u003eInsight 42: Familiarize Yourself with US Mortgage Financing 245\u003c\/p\u003e \u003cp\u003eInsight 43: Buy US Real Estate Property with Other People's Money 248\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART VII: INSURANCE AND INVESTMENTS 253\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInsight 44: Insure Your Investment 255\u003c\/p\u003e \u003cp\u003eInsight 45: Carry Insurance Beyond the Property Line: Medical, Auto, and Third-Party Liability 262\u003c\/p\u003e \u003cp\u003eAppendix: Considerations for Buying a Second Home 266\u003c\/p\u003e \u003cp\u003eIndex 269\u003c\/p\u003e \u003cp\u003eAbout the Authors 274\u003c\/p\u003e  \u003cp\u003e\u003cstrong\u003eRichard Dolan\u003c\/strong\u003e (Toronto) is the CEO and Senior Analyst of the U.S. Property Shop, a U.S. real estate capital advisory and research company based in Toronto.?Dolan has co-designed two certification programs, Certified Wealth Management \u0026amp; Marketing and Selling Wealth Management Services, which are offered at the Schulich School of Business, York University. \u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eDon R. Campbell\u003c\/strong\u003e (Vancouver) is a Founding Partner of the Real Estate Investment Network(tm).?He is a leader in providing Canada's most current real estate investment education programs and economic research materials, and is the author of the best-selling \u003cem\u003eReal Estate Investing in Canada 2.0\u003c\/em\u003e and co-author of \u003cem\u003e97 Tips for Canadian Real Estate Investors\u003c\/em\u003e; \u003cem\u003eReal Estate Joint Ventures\u003c\/em\u003e; and \u003cem\u003eSecrets of the Canadian Real Estate Cycle\u003c\/em\u003e. \u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eDavid Franklin\u003c\/strong\u003e (Toronto) is counsel to The US Property Shop and an expert on Canadian and US real estate.   \u003c\/p\u003e\u003cp\u003eWhether you are looking to purchase a vacation home or an investment property in the United States, or already own a property in the US, you are part of a growing trend as Canadians continue to buy US real estate at a record pace. But as the US economy shifts gears and laws change around purchasing and owning US property, you need to have the most current information at your fingertips. \u003ci\u003eBuying US Real Estate: The Proven and Reliable Guide for Canadians\u003c\/i\u003e is written by real estate and legal experts who address the many cross-border issues and requirements, such as:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eunderstanding your finance options\u003c\/li\u003e \u003cli\u003elearning what you need to know about US tax law\u003c\/li\u003e \u003cli\u003eascertaining what type of ownership best meets your requirements\u003c\/li\u003e \u003cli\u003eputting an estate plan into place\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eEvery Canadian buyer needs to ensure they do not put themselves at financial or legal risk. \u003ci\u003eBuying US Real Estate\u003c\/i\u003e deals with the most pressing topics for Canadian buyers and can help them save money and time by preparing thoroughly for the purchase process.\u003c\/p\u003e \u003cp\u003e\"Every now and then a book comes along that fundamentally changes the game. This book draws upon real science and substance to permanently elevate the way people and place come together.\"\u003cbr\u003e  Dr. Paul Stoltz, visiting professor, Harvard Business School\u003c\/p\u003e \u003cp\u003e\"\u003ci\u003eBuying US Real Estate\u003c\/i\u003e is a must-read for any boomer who wants to spend the next 30 years fulfilling dreams, leaving a legacy, and living a purposeful life.\"\u003cbr\u003e  Dr. Sherry Cooper, chief economist, BMO Capital Markets and best-selling author of \u003ci\u003eThe New Retirement\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\"The book's thesis is that the older people get, the more likely they will buy a home-away-from-home. The spoils will go to those who act in the next two years.\"\u003cbr\u003e  Jonathan Chevreau, editor of \u003ci\u003eMoneySense Magazine\u003c\/i\u003e and author of \u003ci\u003eFindependence Day\u003c\/i\u003e\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47988875296997,"sku":"NP9781118431207","price":30.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118431207.jpg?v=1761781874","url":"https:\/\/k12savings.com\/products\/buying-u-s-real-estate-isbn-9781118431207","provider":"K12savings","version":"1.0","type":"link"}