Quote: (09-12-2017 11:34 AM)PapayaTapper Wrote:
Quote: (09-12-2017 10:41 AM)Tail Gunner Wrote:
Quote: (09-12-2017 10:28 AM)Going strong Wrote:
Quote: (09-08-2017 02:18 PM)playboyphil Wrote:
My budget is $600k. My needs are:
- Diversity. I like non-white fit chicks. White towns with good international universities are ok.
- Walkability. I love downtown Los Angeles because I could do laps any day of the week and have a solid 10% open-to-close ratio. When I scaled my efforts I'd be getting laid multiple times per week. I need someplace where I can do laps.
- Rentability. Target property profile is a detached single or multiunit with >4 bedrooms that I can rent out individually.
Buy ten one-bedroom apartments, or five 3-bedroom ones, in Porto Alegre. Never work again. Bang diverse chicks. Be happy.
Agreed. With a ten to fifteen percent yield, which he has no hope of attaining in the U.S., he can live anywhere in the world on a $600k investment -- including places that he claims are "out of my price range." Too many people are constrained by self-imposed limitations, instead of thinking outside-the box.
Where I would differ from your suggestion is that I would never place all my eggs in one basket, especially in a corrupt place such as Brazil that has a history of capital controls. In concept, I have no problem with a small portion of my investment funds in Brazil, but I would never place all my money there.
How about a datasheet or even more specifics. I know there'd be a lot of interest from the forum (myself included)
Well, I will not provide specifics, but I will provide examples. Just this week, I am researching whether or not to add more money to a closed, private, property rental fund in an emerging market. I dipped my toe in last year. It is now generating a safe ten percent return on rentals. Once the fund begins to flip properties, the yield should increase to between 15-20%. I add more funds and evaluate on an ongoing basis.
I almost pulled the trigger on another investment a few months ago for a bridge loan on a housing development at a 15% yield. The yield could go up to more than 20% depending on circumstances. I was uncomfortable with the wording of the contracts, so I opted out.
I am a very cautious investor. I worked hard for my money. I might look at 50-100 investment opportunities before I invest in one. (BTW: That is EXACTLY what you should do when you buy your first unit offshore. Look at 50-100 units so that you REALLY know the market and can locate a real gem of a rental investment with an above-average yield in a prime location -- possibly in the path of development.)
My main retirement fund is an agricultural opportunity that should generate an incredible annual yield by the time that I retire. I will not disclose the yield, because you would not believe it anyhow. These opportunities are out there. It takes a great deal of effort to locate them, to perform the due diligence, to visit the countries, and to safely make a purchase. This is exactly why most people do not step out of their comfort zone to invest in such opportunities.
In my mind, however, the crazy people are the ones who leave their retirement funds in the economies of bankrupt nations. The U.S. national debt is now $20.1 trillion. That is now larger than the size of the entire US economy. In 2012, the total debt surpassed the size of the U.S. economy for the first time since the end of WWII. Anyone see any of this in the news? I wonder why. When you begin to proactively seek and know such facts, and understand the reasons for them, you will have developed the necessary skills -- and the incentive -- to find these investment opportunities. Good luck.