Читать книгу Buying Real Estate Overseas For Cash Flow (And A Better Life) - Kathleen Peddicord - Страница 47

When investing for cash flow overseas, you want to make buy decisions based on the cash-flow math, but you also want to remember the big picture. This is an investment strategy, yes, but, more important, it's a lifestyle. So, before you begin considering where or what to buy, ask yourself what you want your life to look like. That's the place to start. What life objectives are you hoping to achieve? For the best outcome, you want to marry those with your investment goals.

Fundamentally, the real advantage of this strategy is diversification of your portfolio and assets but also of your life, your retirement, and your legacy.

We are living at a time that presents the opportunity to take the investor's profit agenda, combine it with the live-better-for-less agenda of the retiree, and transfer it overseas. You have a chance right now to use overseas real estate as both an investment vehicle and a program for a new and better life, both immediately and longer term in retirement. Overseas real estate amounts to the surest strategy for creating and preserving legacy wealth while simultaneously reinventing your life and rescuing your retirement. Many options exist for where to buy to make money while also making a new life, and, thanks to our Age of the Internet, it is possible today to seize these opportunities easily and cost-effectively to build a new life while staying in real-time touch with family, friends, business concerns, and investment portfolios from the old one.

The best case is when you are able to find a piece of real estate in a place where you want to spend time, short term on vacation and long term in retirement, that also holds out the potential for cash flow and an investment return. This perfect storm of objectives should be your ultimate goal. A holiday home on the coast of Panama can become little more than a headache and a carrying cost if you ultimately decide you can't abide life in the tropics.