Mid-west 'best for property investment'

Property investors might want to consider making an international money transfer to the US in order to buy a house in the mid-west.

According to recent comments from Andrew Broeren, the boss of Paragon Investors, the mid-west is the "place to go" if you are looking for a good distressed bargain.

Speaking to OPP, Mr Broeren explained that his business looks for places "where we can renovate to a high standard, put in tenants and then manage the unit professionally".

He suggested that busy cities, such as Cleveland, St Louis and Kansas City are in demand.

Investors considering purchasing houses in the mid-west could look into using a foreign exchange broker to make an international money transfer to the US.

This will help avoid the high fees often charged by high street banks for moving money internationally.

Click here to make an International Money transfer to the US

Posted by Sarah Pitton