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  1. GlobalWealth

    Live Rent Free in Multiple Countries

    NOTABLE! REAL ESTATE 
    And not all of my choices are purely financially related Yes I can. And do. This statement makes no sense. Whether I live in my apartment full time or not has no bearing on its long term appreciation. Additionally, I never make real estate purchase decisions based on the hopes of future...
  2. GlobalWealth

    Live Rent Free in Multiple Countries

    NOTABLE! REAL ESTATE 
    I say go for it. Or maybe I like my 3 apartments and want to spend time in them just for personal reasons. But when not there I can rent them out and earn money giving me an international rent free lifestyle.
  3. GlobalWealth

    Live Rent Free in Multiple Countries

    NOTABLE! REAL ESTATE 
    I cannot give you specific advice. As you told me you are young. I assume 18-21. There are a lot of variables to consider. I can only tell you what I would do if I were 20 years younger. Focus. Focus on what makes you money and start your own business as soon as humanly possible. Save as...
  4. GlobalWealth

    Live Rent Free in Multiple Countries

    NOTABLE! REAL ESTATE 
    @ilrein . It really is not as difficult as you may imagine. Many people on this forum already live the virtual nomad life due to their businesses being location independent. If you can put a down payment down on a house/apartment in your hometown, you can do the same thing in Barcelona...
  5. GlobalWealth

    Live Rent Free in Multiple Countries

    NOTABLE! REAL ESTATE 
    I would like to see the REAL numbers to prove 15-20%. Not saying it is impossible, but highly unlikely. I have seen how people measure their return and unless they know what they are doing, they frequently leave out some expenses thus skewing the results. I have seen airbnb owners who rent a...
  6. GlobalWealth

    Live Rent Free in Multiple Countries

    NOTABLE! REAL ESTATE 
    I just connect with locals by asking around. Talking to other real estate investors and seeing who they use. I have even stayed in a few airbnb properties just to talk to the owners about how they manage their properties. Pay a reasonable amount of money and have back up options. For...
  7. GlobalWealth

    Live Rent Free in Multiple Countries

    NOTABLE! REAL ESTATE 
    As you said, as long as it is not restricted in the lease I think you could do well here. I am personally looking into this option starting this year. Of course the obvious risk is not enough short term renters. But if you pay eur500/m and rent for eur80/night it doesn't take much to reach...
  8. GlobalWealth

    Atlas Shrugged

    BOOKS 
    Hahaha Good luck finishing Atlas Shrugged in one week.... Sent from my SM-G900FD using Tapatalk
  9. GlobalWealth

    The Bitcoin: A New World Currency?

    OFF-TOPIC 
    Maybe bitcoin is a scam. Or maybe not. Personally I have no skin in the game either way. Ok...I have a small amount of bitcoin but it's negligible. My point is fiat currency IS a scam and alternatives like bitcoin have risen due to a need in the marketplace. It's the same with most...
  10. GlobalWealth

    The Bitcoin: A New World Currency?

    OFF-TOPIC 
    Are you talking about fiat currency vs gold? Sent from my SM-G900FD using Tapatalk
  11. GlobalWealth

    Lending Club Investing: Good Passive Income Source? (Answer: NO)

    NOTABLE! INVESTING 
    With twino and mintos I get payments almost daily. Sent from my SM-G900FD using Tapatalk
  12. GlobalWealth

    Lending Club Investing: Good Passive Income Source? (Answer: NO)

    NOTABLE! INVESTING 
    It is quite small now, but I will likely add more very soon. But I doubt I'd go more than 20% even if very comfortable. Sent from my SM-G900FD using Tapatalk
  13. GlobalWealth

    Lending Club Investing: Good Passive Income Source? (Answer: NO)

    NOTABLE! INVESTING 
    I invested a bit of cash in Mintos and Twino. Both are currently yielding around 11% based on my requirements. I have cautiously optimistic and like @MJ DeMarco I am keeping the amounts at a low level until I can gain more confidence. I have met personally with the founder and ceo of Mintos...
  14. GlobalWealth

    Freedom vs. Children

    NOTABLE! PEOPLE 
    As a parent of 3, I will chime in. I was a young parent at 21 (and no, I didn't F*cking decide to have children at that age). Now I have 3 kids, 19, 16 and 8. They are definitely time and money consumers, but I don't regret one minute or one dollar spent. Early on in my 20s I worked a lot...
  15. GlobalWealth

    Atlas Shrugged

    BOOKS 
    April 15th is the deadline for tax filing in the US Sent from my SM-G900FD using Tapatalk
  16. GlobalWealth

    Live Rent Free in Multiple Countries

    NOTABLE! REAL ESTATE 
    I agree. I like to be overly pessimistic in my estimates and be happily surprised with the reality. Sent from my SM-G900FD using Tapatalk
  17. GlobalWealth

    How Does Business Credit Work?

    If you want to build business credit, you need to get a DUNS number from Dun and Bradstreet. This is the equivalent to your personal credit rating for your business. Make sure you request a line of credit from every company you work with and give them your DUNS number. Always pay on time...
  18. GlobalWealth

    How Does Business Credit Work?

    I'll make some general comments about your post here. As others stated, you will need to initially utilize your personal credit for your business. No lender will grant loans or credit lines to an untested business. If you have personal credit issues, then you can take some steps to rebuild...
  19. GlobalWealth

    How Does Business Credit Work?

    This is a very vague question. Can you be more specific about exactly what you are trying to accomplish and what business you are in?
  20. GlobalWealth

    How Does Business Credit Work?

    Let's try to segregate your questions. What are your questions related to this topic?

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