For those that own property in the U.S. but live abroad, how do you do it?
I’ve long read on here that the best solution for the whole maintaining residency/addresses/bank accounts issue is to just own property in the U.S. (I know many people recommend friends or family but that’s unfortunately not an option)
I believe this is something I can afford to do but I’m curious as to how it works if you’re never there. Some questions:
If you leave your property empty, are you concerned about a pipe bursting, or a heat wave causing an issue, or a natural disaster, or anything like that destroying your property while you’re gone?
How often do you return to your property to check on things?
Do you rent it out? Do you use a property management service?
If you do rent it out, is there any issue with using your address for e.g. bank accounts and stuff while your tenant obviously uses the same address?
Do you regret owning? Is it a pain in the ass to keep the property for any reason?
Really appreciate any insight here!