Liquor, ladies, and leverage… According to Warren Buffet, these are the only three ways a smart person can go broke. As a happily married teetotaler, I’m not an authority on the perils of liquor and ladies, but I can tell you why leverage is—despite Buffett’s quippy remark—one of the most powerful tools a real estate investor can have.
There are many incredible cities that can offer an alternative for Northern Europeans and North Americans weary of the crowds and seeking something more authentic. I call these "second cities." They're not the first port of call for first time visitors, but they are destinations that can offer just as much to see and do, without the crowds, and also a lot cheaper than...
Mexico is famed worldwide for its seaside resort destinations dotted along 6,000 miles of coastline on the Pacific, Caribbean, and Gulf of Mexico. But, with only 2.5% of its visitors coming from abroad, Mazatlán is not one of those. So, what sets Mazatlán apart from those better-known beach destinations that attract millions of visitors each year in their own right...
From the snow-clad slopes of the Andes mountains down to the Pacific coast, Ecuador also packs in a range of landscapes and lifestyles. Picturesque mountain towns; vibrant beach communities; colonial gems packed with historic architecture, to bustling and sophisticated big cities. There really is something for everybody. That variety extends to the property market...
Of the hundreds of destinations my team and I have visited, and the thousands of deals I’ve assessed, right now there are three places that stand head and shoulders above the rest in terms of the profits they can deliver.
One of my all-time favorite real estate plays is to buy what I call “overlooked and unloved.” You find a property that’s undervalued; a half-finished villa, a large abandoned lot, an older home that’s dark and drab…and you get it for a steal. Then you clean it up, finish the building off or subdivide the lot and sell on for a big profit.
There's something magical about a white Christmas. Being cozy by the fire…watching kids playing in the snow….having a hot drink after being out and about shopping for the holidays. But on the other hand, you do have to contend with gloomy skies and bone-chillingly cold weather. So why not trade the boots for sandals, the big coats for swimsuits?
I love Cabo. The golf, the sunsets, the seafood…the long walks on the beach. And, of course, the opportunity for stellar gains from our RETA-members-only deals. But these past few days, I’ve been intrigued about another destination on Mexico’s Pacific coast that’s a lot like Cabo in many ways, albeit on a much smaller scale: Read more...: The Beach Resort With a Small-Town Vibe
I’m a firm believer in not putting all of your eggs in one basket. That’s why, even though I have my “core countries” that I know are fertile ground for killer real estate deals, I always have my eyes and ears open for opportunity in other parts of the world. Often, there is no good Read more...: Homes Around the World From $34,420
While Google might tell you about remote workers in Greece, Argentina, or Croatia, I look at the remote worker trend through a real estate lens and combine the phenomenon with my expertise in international real estate to identify the best places around the world to capitalize on the Zoom Boom through property.