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  1. GlobalWealth

    Live Rent Free in Multiple Countries

    NOTABLE! REAL ESTATE 
    Depends on country. In Latin America, I suggest learning Spanish. You can survive, but it will help. In southern Europe, it would help to learn some local language, but less critical than Latin America. In Eastern Europe (my preference ) everyone speaks English fairly well. You may run...
  2. GlobalWealth

    Why Real Estate When You Can Buy A Business ?

    EXECUTION 
    I would run the numbers on 0% down. If it is at least breakeven, it MAY be a decent deal. Otherwise, no.
  3. GlobalWealth

    I've accomplished a lot, but failed. What do I do

    HOT! MINDSET 
    Then you should quit. Live that 9-5 life you've always dreamed of with that safe and consistent paycheck. You are exactly the kind of person I hire.
  4. GlobalWealth

    ? Best self-employed business entity for mortgage?

    This is probably the closest to the being a correct answer depending on what your income level is. If you aren't earning enough, structure won't matter for loan qualification. Either you misunderstood your CPA's, or these 2 are stupid. Of course your 1st priority in your business is to get...
  5. GlobalWealth

    I've accomplished a lot, but failed. What do I do

    HOT! MINDSET 
    Lol....clever...
  6. GlobalWealth

    I've accomplished a lot, but failed. What do I do

    HOT! MINDSET 
    We're telling you how to deal with it. You just need to listen.
  7. GlobalWealth

    I've accomplished a lot, but failed. What do I do

    HOT! MINDSET 
    This ^ Would you care to hear my story of how my biggest client (>$1mm in revenue and ~70% of the business) fired me 2 days after christmas one year? Of course not because you don't give a shit. Neither did my market. That's why I sat at home punching holes in the drywall for a couple of...
  8. GlobalWealth

    I've accomplished a lot, but failed. What do I do

    HOT! MINDSET 
    I don't give a shit if you spent your lifetime building something. The market decides what it wants to pay form. You make an assumption that me, or anyone else on this forum knows who you are or pays attention to your posts. Suck it up buttercup.
  9. GlobalWealth

    Live Rent Free in Multiple Countries

    NOTABLE! REAL ESTATE 
    Just a follow up, we published this article yesterday on the same topic. It adds some perspective to this thread for those interested. http://www.globalwealthprotection.com/become-an-offshore-real-estate-mogul-and-live-for-free/
  10. GlobalWealth

    Insight into digital nomads

    HOT! MINDSET 
    I originally did it with a 13, 9 and 1 year old. Look at internationalvla(dot)com. It is an online school designed for expat kids. Also check out khanacademy(dot)com
  11. GlobalWealth

    Why Real Estate When You Can Buy A Business ?

    EXECUTION 
    and nearly 100% (maybe even 100%) hold a significant percentage of wealth in real estate
  12. GlobalWealth

    I've accomplished a lot, but failed. What do I do

    HOT! MINDSET 
    BWhahahahahahahah.....takes a deep breath.....bwhahahahahahahahahahaha 23 You're F*cking 23 ......bwhahahahahaahahahahah Shut up and go fail again. That's what the rest of us do.
  13. GlobalWealth

    Insight into digital nomads

    HOT! MINDSET 
    At the time they were both in their mid-20s. I personally have no idea how easy it is to find a job. I haven't had one in 20+ years. But I do know how to provide value. And if you can add value, then you can always find work. Either get a job or make one.
  14. GlobalWealth

    Why Real Estate When You Can Buy A Business ?

    EXECUTION 
    And for you this may be a great idea. I was just answering the question of why someone would invest in real estate instead of a business. Sounds like you need a new financial advisor.
  15. GlobalWealth

    Live Rent Free in Multiple Countries

    NOTABLE! REAL ESTATE 
    If you read my earlier posts, I am getting more than a 50% occupancy rate year round. If you read my opening post, you will see I am very thorough in selecting the location though as it makes a huge difference. For example, in Prague. If you buy something that is within a 10m walk of those...
  16. GlobalWealth

    Why Real Estate When You Can Buy A Business ?

    EXECUTION 
    Simple, diversification into passive income. Personally I wouldn't want to buy a business because I am not looking for another source of active income. But that is my personal situation. Others with cash and no business may be better off buying a business and getting to work as the return can...
  17. GlobalWealth

    Live Rent Free in Multiple Countries

    NOTABLE! REAL ESTATE 
    Short term seems to have more profit, but of course more management. If you have a good manager, then it is essentially hands off for you. In my experience you get much lower yields with long term rentals and possibly have higher risk of property damage since you don't see the property very...
  18. GlobalWealth

    Live Rent Free in Multiple Countries

    NOTABLE! REAL ESTATE 
    I have never been to Montenegro so I cannot comment too much. A friend of mine does have a house there on the coast and loves it, but I have no personal experience. I have been to Croatia though and absolutely love it. There are some very cool beach towns along the Adriatic coast that would...
  19. GlobalWealth

    Insight into digital nomads

    HOT! MINDSET 
    This cannot be stressed enough. Have a really good personal assistant. I have had 3. The first one was the cheap $3/h one. She was ok for REALLY basic tasks, but nothing that required any thought. My 2nd one was $11/h. She was amazing. She managed my travel bookings, my appointments...
  20. GlobalWealth

    Insight into digital nomads

    HOT! MINDSET 
    This question is impossible to answer. Let me give you an example. Years ago (before I knew her) my girlfriend moved with her best friend and best friend's 1 year old son to Portugal. They saved up for their plane tickets (one-way) and bought them in advance. When they got on the plane they...

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