Pursuing Dreams Abroad: Investing in the US for a Brighter Future with Thomas Lorini Ep. 131

Meet Thomas Lorini,  founder of Ventureco Capital and Partner at WealthGenius, leverages 15 years of successful investing across North America, blending a background in Mechanical Engineering and manufacturing entrepreneurship, while residing in Southern California with his wife and three children.

In this episode, we discuss:

• The role of networking with US operators for Canadian investors to establish relationships and gain access to lucrative deals, expediting portfolio growth.
• Financing challenges faced by Canadians when investing in the US, highlighting the impact of interest rate differences between the two countries.
• The vast lending options in the US, exceed 4,000 lenders compared to Canada's 32, emphasizing the need for continuous networking to explore diverse financing opportunities.
• Market selection becomes crucial, and the emerging Midwest as promising investment opportunities due to job creation, lower taxes, and landlord-friendly laws.
• The importance of building a robust on-the-ground team, including realtors, property managers, contractors, and lenders, to successfully manage properties remotely and mitigate risks.
• The changing dynamics of the lending environment, urging investors to adapt strategies based on market conditions, job creation, and favorable laws to maximize returns.

About Thomas
Thomas is the Founder and Managing Partner of Ventureco Capital a private investing firm with over $80M AUM. He has been successfully investing across Canada and the US over the past 15 years. Following his studies in Mechanical Engineering, He worked in the manufacturing industry for 18 years including owning his own precision machining company. Thomas is Partner with WealthGenius, a real estate educational network with members all across North America; the group collectively will close on $1B in acquisitions by the end of 2023. Thomas lives in Southern California with his wife Julia of 14 years and their 3 children.

Connect with Thomas
Instagram - https://www.instagram.com/realthomaslorini
Facebook - https://www.facebook.com/thomaslorini77?mibextid=LQQJ4d

Connect with Danielle Chiasson
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Book in a call: https://calendly.com/strategicsuccess/lets-get-real-estate-20-min-chat

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