No, just a property owner.
2007-07-24 08:22:41
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answer #1
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answered by davidmi711 7
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No. However if you live outside of the US and own rental property in the US, you must provide your mortgage lender with documentation showing that you have a property manager to take care of the property in case a water pipe breaks or something, there is someone that can be contacted immediately for repairs. I have accepted letters from friends and or relatives that live in the vicinity of the investment property as well in lieu of an actual property management company.
2007-07-24 08:30:12
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answer #2
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answered by 78 2
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While I'm A Canadian NO is the correct answer for you . You would be what is called an absentee landlord I believe . There are many property management firms that can fill vacancies and maintain property . for you . Hope this helps .
2007-07-24 09:08:14
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answer #3
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answered by B.A. S 2
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No there are many wealthy people who are not US citizens who own land and are landlords. You just have to pay the taxes thats all.
2007-07-24 08:30:08
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answer #4
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answered by Dr Paul D 5
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No, but you need to be a world citizen!
2007-07-24 08:23:04
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answer #5
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answered by Sami V 7
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nO A LOT OF PEOPLE FROM INDIA OWN MANY MOTELS IN MY TOWN.
2007-07-24 08:25:32
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answer #6
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answered by Gypsy Gal 6
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NO
2007-07-24 08:28:32
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answer #7
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answered by Anonymous
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