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7 answers

No, just a property owner.

2007-07-24 08:22:41 · answer #1 · answered by davidmi711 7 · 0 0

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 · answer #2 · answered by 78 2 · 0 0

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 · answer #3 · answered by B.A. S 2 · 0 0

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 · answer #4 · answered by Dr Paul D 5 · 0 0

No, but you need to be a world citizen!

2007-07-24 08:23:04 · answer #5 · answered by Sami V 7 · 0 0

nO A LOT OF PEOPLE FROM INDIA OWN MANY MOTELS IN MY TOWN.

2007-07-24 08:25:32 · answer #6 · answered by Gypsy Gal 6 · 0 0

NO

2007-07-24 08:28:32 · answer #7 · answered by Anonymous · 0 0

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