9 Tips to Turn Your Rental into a Cash Machine
You need to know how to manage your rental so that you can maximize the money it generates and turn your overseas home into a money-making machine. Here are nine tips for preparing your rental…
Ronan McMahon is the editor of Real Estate Trend Alert, Your Overseas Dream Home, and a contributing editor to IL. Ronan’s Your Overseas Dream Home e-letter is delivered to readers’ inboxes daily. No matter what level of real estate investor you are, there’s plenty of great info for you. In it, you’ll read about every promising international real estate investing idea Ronan and his team comes across.
He also brings you up to speed on his favorite markets for making “double your money” gains through either capital gains, rental income, or both. Ronan also shares his key strategies for identifying profit opportunities in some of the most beautiful locations worldwide—by Caribbean, Pacific, and Atlantic beaches, in glamorous European cities, in quaint little mountain towns, or anywhere else that might take your fancy.
You need to know how to manage your rental so that you can maximize the money it generates and turn your overseas home into a money-making machine. Here are nine tips for preparing your rental…
From the golden sands of Portugal’s Algarve…to the rolling hills of southern Spain…to the simple grandeur of the French countryside… It’s more than possible to find your own idyllic slice of European life.
Once regarded as the most violent city in the world, today Medellín draws in folks from all over. It’s youthful, entrepreneurial, and dynamic. It’s also astonishingly modern, clean, and easy to get around. Its economy is now among the fastest-growing in Latin America and a magnet for foreign investment. Two decades of urban development driven by...
The rotor blades swung dangerously close to my head as I bent my six-foot-two-inch frame into the helicopter. Moments later, we were lifting into the clear blue sky above Panama City for a real estate scouting trip… my first there in close to three years. From 12,000 feet, Panama City reminds me of Miami. Gleaming Read more...: Panama is Poised for its Next Real Estate Boom
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...
For me and many others, the "California Dream" is an idea that exists beyond borders. And right now, there are three places on my beat where that dream can become a reality for savvy real estate buyers.
The first glimpse of Montenegro’s Bay of Kotor is something special. Steep mountains rise majestically from the great fjord-like bay’s sparkling blue waters, all fringed with tiny clusters of medieval towns and church towers built from honey-colored stone. Just off shore, man-made islands with small churches sit placidly in the bay, protecting ancient sea-faring...
If you’re looking for a place on the Costa del Sol, away from traffic, lines, and mass tourism, not just to invest but to spend time in, this may be the place for you. I figure you could still tap into a strong rental market. Rent in the hot and busy summer months, and you’d easily cover all your costs and then some.
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...