We asked a Singaporean who owns 27 US rental properties the unglamorous question — and his answer is the most useful part. On paper, US rental property reads like a cheat code for Singaporean investors. Homes at a fraction of local prices. Gross yields near 12%. Tenants paying down your mortgage in US dollars. And no Additional Buyer’s Stamp Duty, no matter how many you own. That is genuinely true. We’ve written before about Weihan, the Singaporean engineer who, with his wife Tracy, built a portfolio of 27 US rental homes and left corporate life in his 30s. But here’s the uncomfortable other half: the same features that make the opportunity attractive also make it easy to lose money, quietly, from 15,000 km away, often before you realise anything is wrong. So when we caught up with Han again, we asked the question the highlight reels skip: how do people actually lose money doing this? His answer was refreshingly blunt....