Retirement; like your parents, but way cooler
In 1991 Billy and Akaisha Kaderli retired at the age
of 38. Now, into their 4th decade of this
financially independent lifestyle, they invite you
to take advantage of their wisdom and experience.
Invest in Multi-Family
International Real Estate
Why buy real estate?
Real estate is a
tangible and flexible asset.
You can live in the property full time, use it as
a vacation home, or rent it and use the rent to supplement your income. One of
the major advantages to investing in real estate internationally is that your
budget can go quite a bit further. As a result, you will have more choices as to
the type of property to purchase. Investing in multi-family real estate opens
many more options than single-family real estate.
Map showing the location of Guatemala from
the United States
will offer you more
If you purchase a
property in Mexico or Central America and live in that property, you can enjoy
excellent weather, a vibrant culture, and a much lower cost of living. The
people are friendly and conveniences such as cleaning services, taxi services,
delivery services, and handyman services are much more available and
affordable. When people choose to live a retired or semi-retired lifestyle
with a lot of free time, the lower cost of living also affords extra money for
when you travel
Unfortunately, leaving a
house completely vacant for weeks at a time while traveling can invite
Many people have house-sitters stay in their homes when they are
gone. Especially in tourist destinations, there are responsible people who would
be happy to stay in your house. Unfortunately, coordinating the dates can be
difficult. One way to deal with the problem is to invest in a multi-family
property that is never completely vacant and always generating income as a
result. Another option is to purchase a condominium or property in a gated
Map showing location of Panajachel on Lake
Atitlan in Guatemala
A property that is used
as a vacation home can also be rented part of the year to generate income. One
thing to keep in mind though, is that short term rentals are usually seasonal.
Tropical destinations are often more in demand during the winter, for example.
If you would like to stay in the property off-season, that might work well, but
if you would like to stay in the property during the same months that people
would like to rent the property, a single-family property won’t work as well.
An easy solution for
security and possible in-home healthcare assistance
The easiest solution to
this is to focus on multi-family properties.
It is recommended to have at least
one reliable, steady, year-round, long term tenant in a property. This person
will live there when you are at the property but will also be there if you are
traveling. Other units can also be filled with long term tenants for a
stress-free passive income or they can be rented short term or seasonally for
higher rates of return.
Another benefit of
multi-family properties is that they provide options if someone finds themselves
in need of in-home healthcare, either on a long-term basis or while recovering
from surgery. In Central America, a full time private nurse / home healthcare
assistant can be hired for as low as $500 / month plus housing. In a
multi-family building, providing the housing is easy because you’re already
setup to accommodate multiple families.
Lake Atitlan in Guatemala
Rather than choosing
between renting your property or living in it, with a multi-family property you
can do both. The property can always be available for you. It can also always
be occupied, generating an income, but whenever you want to take advantage of
the amenities you are guaranteed to have your own private space.
To find out more about
To read my previous
article about the reasons to invest in international real estate,
About the Authors
Early Lifestyle appeals to a different
kind of person – the person who prizes their
independence, values their time, and who doesn’t
want to mindlessly follow the crowd.
Retire Early Lifestyle Blog
About Billy & Akaisha