Ever dreamed of investing in property in France? Leslie Romenesko joins Paul and Josh to break down how she turns long-term rentals in the French countryside into real, steady cash flow, not just a castle fantasy. In this episode, Leslie walks through how she chooses a location, why having trusted local contacts to manage a property is non-negotiable, and where she looks to find value when investing in France or in her hometown of LA.
#investing #france #realestate #podcast #propertymanagement #realestatepodcast
Connect with Paul Morris
YouTube: https://www.youtube.com/@paulmorrispodcast
Instagram: https://www.instagram.com/paulmarkmorris/
LinkedIn: https://www.linkedin.com/in/paulmarkmorris/
TikTok: https://www.tiktok.com/@itspaulmarkmorris
Facebook: https://www.facebook.com/paulmarkmorris
Connect with Josh Spitzen
Instagram: https://www.instagram.com/joshuaspitzen/
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Connect with Leslie Romenesko
Instagram: https://www.instagram.com/leslielahomes/
Timestamps
00:00:00 - Introduction and Investing in France
00:02:35 - French Financing, Cash Flow, and Property Criteria
00:08:25 - Managing a Concentrated Overseas Portfolio
00:09:37 - Local Investing and Restoring Historic Los Angeles Homes
00:11:04 - Personal Investments Versus Investor Partnerships
00:14:37 - Lessons Learned: Partnerships and Keeping Emotion in Check
00:16:12 - Choosing the Right Vision for a Live-In Investment
00:19:12 - Renovating Through a Market Crash
00:20:58 - Finding Opportunity in Middle-of-the-Road Properties
00:22:54 - Using Location and Renovation to Build Wealth
00:27:03 - Playing the Long Game with Intentional Investing
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