How to (Painlessly) Invest in Real Estate Across Borders with Lauren Cohen

Have you experienced investing in real estate but haven’t tried doing it across borders yet? Do you want to learn how to develop your investment portfolio across borders and in an international level? Do you want to invest in real estate without any bother of pain? If you do, then you’re up for a great treat.

Real estate investment alone is already complicated enough, and the process just gets more complicated in cross-border investment. There, you don’t only consider your home country’s rule, but also the subject countries’ rules and the cross-border rules. You need experts to guide you in every move that you do, and this episode will show you the road towards that cross-border goal of yours.

Lauren Cohen is a serial entrepreneur as she works as an International Lawyer, Realtor and Cross-Border Expert. She was originally from Toronto, but now she’s based in South Florida. Lauren is also a best-selling author and sought-after speaker, and she launched her podcast “Investing Across Borders” in late 2020. Lauren’s overriding goal is to help clients navigate the path to invest, live, work and play across borders. Her superpower rests in paving a path to immigration visas through real estate investments.

In this episode, Lauren talks about the concept of cross-border investing alongside actions people have been doing wrong that keep them from growing. She shares insights on what people need to know with regard to investing across borders, and also mentions the huge importance of having an expert guide you.

 

What you will learn from this episode:

• Discover the picture on how real estate investment across borders work;
• Know the things you must be aware of in order to develop your investment portfolio across borders and in an international level;
• Find out why it is important to consult an expert before doing anything in the world of investment.

 

“Go to the expert. Just always go to the expert and don't try to become an expert yourself. There are professionals in their professions. Use them and abuse them as much as you can.”

– Lauren Cohen

 

Topics Covered:

03:00 – Lauren and her ideal client: A real estate investor or an aspiring real estate investor that wants to develop their investment portfolio, not only in their home country but across borders and internationally.

03:21 – The problem that she solves: The frustration of going to a bunch of different places and not getting the right answers, and trying to figure out who to talk to, who's the right professional.

04:03 – The typical symptoms people experience: Not knowing where to start and not having the proper guidance.

04:48 – The common mistakes people make when they're trying to solve those problems by themselves: They create a lot of legal problems for themselves.

05:44 – A valuable action listeners of this episode can implement right away: Consult with a cross-border tax advisor before you do anything at all.

06:43 – Valuable Free Resource: (1) Go Global Report with coupon code: INTERNATIONAL and (2) How to Invest in Real Estate Across Borders Painlessly with coupon code: REI4FREE

07:25 – A book that has been the most impactful in her life: The E Myth: Why Most Businesses Don't Work and What to Do About It by Michael E. Gerber

08:21 – One question that will give great value to the audience: “Why should you hire me?”

09:50 – Lauren and the book she wrote: Finding Yourself Aligning in the Business Immigration Process.

 

Key Takeaways:

“A lot of people, especially investing into the US, there's so many companies that help you invest in the US but they pay no attention to your home country. And so here you are, suddenly you're investing and they're like, ‘here's your plan’. But what happens when you go back to England, or go back to Canada, or when you file your tax return in China or wherever? Nobody's giving you that guidance. So, you're going to end up with a lot of challenges, and you may end up losing a lot of money and having a lot of legal problems in the process.” – Lauren Cohen

“Consult with a cross-border tax advisor before you do anything at all. Just always go to the expert and don't try to become an expert yourself because we are trained to be experts for a reason. There are professionals in their professions. Use them and abuse them as much as you can.” – Lauren Cohen

“I think every entrepreneur is guilty of working in their business at some given point, but if you work on your business, you're going to be able to scale.” – Lauren Cohen

“I'm a very impact-driven entrepreneur. I'm not a typical lawyer. I'm not a typical entrepreneur, and I'm definitely not a typical realtor. I'm all of those packaged into one, so I have the professionalism, and the business acumen, and the understanding and the scope of knowledge, and the expertise to guide you through this process painlessly.” – Lauren Cohen

 

Ways to Connect with Lauren Cohen:

• Website: https://www.ecouncilglobal.com
• LinkedIn: https://www.linkedin.com/in/ecouncilinc
• Facebook Group: https://www.facebook.com/groups/creativecrossborderacademy

 

Ways to Connect with Howard Whiteson:

• Website: https://www.wealthwithoutborders.net
• Podcast: https://www.wealthwithoutborders.net/podcast/
• LinkedIn: https://www.linkedin.com/in/howardwhiteson