Hey friends, we've got a lot of fans on this channel in India. So today, we want
to talk about if you're in India, how do you start investing in real estate? Hey,
friends Stephen Michael Miller here and I wanted to address how do I do real
estate in India? I know we've got a lot of fans out there in India and as I'm
doing some research here, because I've never actually bought homes in India so
as I've been doing some research here, I'm starting to understand I think why
we've got a lot of you that are coming on board and learning from Kris and I.
There's a lot of confusion that's happening right now in India.
Actually and this is not a knock at all on on the country or the people
or anything like that. But there are a lot of new regulations that have been
coming around. Those of you that are in India, that live in India you're probably
aware you're feeling. Some of these different regulations that have been
coming down the pipeline. The Real Estate Regulation Act that just came out. It's
still unsettled as to how that's going to really affect the private
sector as well as the commercial sector in real estate.
The Goods and Service Act, the GST. That was really put in place to make more
things transparent which I think there's a lot of positive thought that that will
be good. But a lot of things are still unsettled and I think because of that,
there's been a huge desire for the people in India to really want to put
their money in the right places. Not to mention several things that have even
happened over the past several years. The demonetization of the RS 500 and RS
1000 bills. And different things like that there it's created some uncertainty
in the marketplace. And it's really got a lot of people wondering where do I put
my money? What is the best thing for me to do and where do I want to be
investing? Well, as I've been doing some research and just looking up a few
different things you know I started typing in some questions into Google
which is what I often do. And I'll actually... let's see
go back to my Google search here. I just put in India real estate market 2018.
Just like you can see right here on my screen and you know, there's a lot of
different articles going around. There some different property price
trends and forecasts for different areas. You can look at emerging trends in the
real estate arena. Different trouble that India is experiencing right now in the
real estate market. So you can go on a lot of different things. There's a
question and answer, I'm not sure how to say it Quora, Quora? Do you know what that is?
Quora. So Quora. If you look at Quora, you know it's just a kind of a
question/answer thing where people can can put in their answers. I clicked on
that real quick to just kind of get a brief idea. And we had a lot of people
that were kind of chiming in and talking about different things. But this
question right here. This comment right here about affordable housing. I
actually saw an another article over here in I think was here with magic
bricks talking about affordable housing. There's been some different
regulations that have been happening in India to bring greater and better
affordable housing to the masses, right? There are a lot of luxury type of
villas and homes and condos and things that have been built in India for a
number of years with a lot of attention being pulled away from some of the
people that need it the most. So there's been a huge kind of divergence or I
should say there's been a huge now pull into the affordable housing arena and
that may be one arena that would be worth looking at. There talked about a
lot of different projects that are now creeping up in the affordable housing
arena and a lot of smaller groups that are getting involved in the affordable
housing arena as well. So you don't necessarily need to be I guess this
massive conglomerate bringing millions and millions and millions of dollars to
the table to play anymore. You could be maybe even a smaller individual with
smaller capital assets and begin playing in the affordable housing arena.
As I'm looking at again I'm not the expert here necessarily in India but as
I've been doing some research and looking into it, it looks like the
affordable housing market may be the one to get into if you're looking at doing
real estate in India. But if you're like hundreds of thousands,
maybe even millions of others in India right now that are saying where do I put
my money and is there somewhere else that I can put it? Let me just talk to
that real quick. Obviously, I've had at Chris and I have
both had lots of years of experience here in the US. Over the last decade,
actually over the last 15 years, we've been doing real estate. We've been able
to help a lot of people over the last decade in particular. We've helped over...
We've helped thousands of people purchase a little over 3,500 homes,
single-family homes, that's been our forte. And it's been an amazing journey.
And as I've been doing this and as we've grown and gotten a greater presence here
on YouTube. And as people all around the world have been reaching out to us and
specifically now people in India have been reaching out saying, "hey, I want to
do real estate. How do I best put my resources to use for myself. Real estate
in America is an option. It's something that people can do. Even if you don't
live here. There are ways, there are things that you
can do to purchase real estate here in America. One of those things that you can
do is to partner finding a credit partner here in America that you can
that you can do real estate with. There are other things that you can do as you
know as a citizen of a different country to be able to purchase real estate in
America. It's more complicated obviously than if you had citizenship or a working
visa or something like that here in America. But for those that have money
that they like to place in the USA, that would like to buy real estate. Maybe
you know get several homes here in the USA, there are things that you can do to
do that. So I just say you know again if you're looking at doing real estate
in India from my limited knowledge of what I'm looking at what I'm seeing here.
There are still some turbulence. There's still some unknown in India but
it looks like the affordable housing market could be a good place to start.
And if you're looking at putting your money in real estate outside of India, I
would say the US is one of the best places that you can do that. As a matter
of fact, we've had people from all across the world reach out to us, wanting to buy
real estate in the US. Obviously, the US land wise
is a massive, massive country. But also because of some of the benefits that
real estate can offer, when done right, when you can find homes that are priced
below the median, when you could find homes that are cash willing for
you, the US is really attractive in a lot of those different things. So one
thing that Kris and I have started to do that we've really never done much
before in the past, is we've begun looking for individuals who we can
partner with. Who we can use our expertise and we can actually do real
estate. I mean we've got our different programs and systems, we teach people how
to do it and people that want to really get out there, do it on their own. But for
individuals that say, "hey, I've got the capital but I don't have the wherewithal.
I don't know exactly what to do and quite frankly, maybe I'm out of the
country and don't really want to manage that
whole process." There are there are occasions where Kris and I have
partnered with individuals and could be willing to do that. So I just
want to throw out some different options and some different ideas. Maybe that you
haven't had before. So as you're looking in India to either do real estate there
or do real estate other places, if you'd like to get some more information and if
you'd like to meet with our team, you can absolutely do that.
We'll give you some opportunities to figure out how to do that. But no matter
what you do, my recommendation is to get started. Do some research, dive in. It
doesn't have to take a lot of time really you know we live in a day and age
where technology is amazing. We have all the information in the world at our
fingertips and you're here learning from this video right now. Go on to Google, go
on to some other sources, some other sites and learn what are some of
those best things that you can do in your country in India, specifically here
and then take some action. Move forward if that actually looks like finding a
partner, don't find your partner. If that actually looks like actually buying real
estate in India do that. Start there. Look into what that looks like. If
you're going into the affordable housing arena, start doing some research on what
you need to get into that game and begin playing and if that research
brings to do some real estate out in America, if you'd like to partner then
come and find out how that would work as well.