[playboyphil]

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.
  

So far the only cities that seem possible are Austin, Philly, and maybe San Diego. Los Angeles, SF, or Seattle would be incredible but they're out of my price range as I'm looking for cash flow with this money. Thoughts?

[ProGambler]

Vegas surely a consideration for an airbnb setup.

[playboyphil]

(09-08-2017 02:30 PM)ProGambler Wrote:  

Vegas surely a consideration for an airbnb setup.

I've only ever been to old town and the strip; are there highly walkable areas elsewhere?

I should have noted - I'll be renting rooms 30+ days at a time.

[Naughty By Nature]

"10% open-to-close ratio"

Close, as in sex? If so, this guy is the greatest playa of all-time (assuming he's not dumpster diving).

[Naughty By Nature]

Not sure about Austin. Philly is decent. Definitely a socially cold city but at least there's a lot of foot traffic. Basically a lower quality version of NYC or Chicago. Los Mangeles, Man Diego, Man Francisco, and Seattle are probably the 4 worst cities for game. All sausage festivals. Bad logistics in LA and SD. Most of the women in SF and Seattle are war pigs.

[Tail Gunner]

(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.
  

So far the only cities that seem possible are Austin, Philly, and maybe San Diego. Los Angeles, SF, or Seattle would be incredible but they're out of my price range as I'm looking for cash flow with this money. Thoughts?

People need to learn to think outside the box. In many parts of the world, rental yields are double those found in the U.S. In many parts of the world, CD rates are literally five to ten times those found in the financially repressed U.S. (in U.S. dollars, without currency risks). Earn ten to fifteen percent annually on your money and you can live almost anywhere in the world, including the U.S. It takes research (including boots on the ground research), persistence, some educated risk taking, and acting outside your comfort zone, but the results are worth certainly it. Why beg for scraps in financially repressed social-welfare-state economies when the free market still beckons in much of the world?

[Hypno]

You could get a good place for that much in Atlanta. Midtown or near the beltway (not the perimeter; a pedestrian loop) would be good. In midtown, being near the park is ideal. Crescent ave is the center of nightlife. They are building a new Whole Foods on 14th at West Peaachtree St and those are still walkable to the park, just not close. If you lived on the park and had a dog you would clean up.

Rainbow of colors. Do yourself a favor and checkout Georgia State University which is in downtown ATL.

Me, I prefer white sorority girl type and other parts of Atlanta are better for that (Buckhead).

[This Is Trouble]

Nashville.
San Diego (albeit not prime spots).
Pittsburgh (questionable, but there are a lot of cute college girls).

[Going strong]

(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.

[Tail Gunner]

(09-12-2017 10:28 AM)Going strong Wrote:  

(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.

[Going strong]

(09-12-2017 10:41 AM)Tail Gunner Wrote:  

(09-12-2017 10:28 AM)Going strong Wrote:  

(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.

I don't think Brazil (being no Venezuela) actually has a history of "capital controls" (I might be wrong on this, I am no specialist on general Brazilian history, as Brazil for me only exists south of SP), but anyway, let's say/

buy 2 apartments in Porto Alegre, 2 in Buenos Aires and one in Punta del Este, and that's it, OP has no worry anymore in the world, and 3000 usd clean per month on his bank account. Free to bang his diverse chicks under tropical suns...

[dsutmdo]

Interesting thread...basically if I understand the direction this is going is if you have 600k usd cash , you don't have a worry in the world .... Not sure if I agree with that , a lot can happen in a now matter if you own property in usa or abroad.

[PapayaTapper]

(09-12-2017 10:41 AM)Tail Gunner Wrote:  

(09-12-2017 10:28 AM)Going strong Wrote:  

(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)

[Tail Gunner]

(09-12-2017 11:25 AM)dsutmdo Wrote:  

Interesting thread...basically if I understand the direction this is going is if you have 600k usd cash , you don't have a worry in the world .... Not sure if I agree with that , a lot can happen in a now matter if you own property in usa or abroad.

No, there is plenty to worry about, which is why you must diversify -- in terms of countries, continents, types of investments, types of currency, etc. IMO, the best way to diversify and to increase yields is to get your investment capital out of the western welfare state nations, which do not really offer any real markets or market yields anyhow.

[Tail Gunner]

(09-12-2017 11:09 AM)Going strong Wrote:  

(09-12-2017 10:41 AM)Tail Gunner Wrote:  

(09-12-2017 10:28 AM)Going strong Wrote:  

(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.

I don't think Brazil (being no Venezuela) actually has a history of "capital controls" (I might be wrong on this, I am no specialist on general Brazilian history, as Brazil for me only exists south of SP), but anyway, let's say/

buy 2 apartments in Porto Alegre, 2 in Buenos Aires and one in Punta del Este, and that's it, OP has no worry anymore in the world, and 3000 usd clean per month on his bank account. Free to bang his diverse chicks under tropical suns...

President Rousseff was formally impeached on 17 April 2016. The current President just survived impeachment in a 263 to 227 vote. His approval rating hovers near five percent.

https://www.theatlantic.com/internationa...ve/535833/

Quote:

Controls on capital outflows have a long history in Brazil, since financial repression was the norm until the early 1990s.

https://www.imf.org/external/np/res/semi...garcia.pdf

For only $3,000 per month (i.e., a six percent yield), he might as well just invest in the U.S. He should be able to generate an easy 8-10% and a very doable 10-12% offshore (through a great deal of boots on the ground legwork). So, he should generate a minimum average of about $60k annually.

[Tail Gunner]

(09-12-2017 11:34 AM)PapayaTapper Wrote:  

(09-12-2017 10:41 AM)Tail Gunner Wrote:  

(09-12-2017 10:28 AM)Going strong Wrote:  

(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.

[Svoboda]

(09-12-2017 10:41 AM)Tail Gunner Wrote:  

(09-12-2017 10:28 AM)Going strong Wrote:  

(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.

Link?
Are you sure you're not mixing it up with Argentina?

[dsutmdo]

Decent post .....but cryptic with really no meat on the bone....Usa is indeed in debt ,however if You have traveled the world extensively, you know that the usa and its assets are the worlds ATM and many people are trying to come here....Investing in solid companies in the USA is never a bad idea.... JNJ , mcd, medical device companies. FDX .Property in solid locations , will never lose....

[Tail Gunner]

(09-12-2017 01:19 PM)Svoboda Wrote:  

(09-12-2017 10:41 AM)Tail Gunner Wrote:  

(09-12-2017 10:28 AM)Going strong Wrote:  

(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.

Link?
Are you sure you're not mixing it up with Argentina?

The link is in post #15. Or you can simply Google it.

[Tail Gunner]

(09-12-2017 01:29 PM)dsutmdo Wrote:  

Decent post .....but cryptic with really no meat on the bone....Usa is indeed in debt ,however if You have traveled the world extensively, you know that the usa and its assets are the worlds ATM and many people are trying to come here....Investing in solid companies in the USA is never a bad idea.... JNJ , mcd, medical device companies. FDX .Property in solid locations , will never lose....

1) Yes, everyone who is poor wants to come to the U.S., but what does that have to do with people in the U.S. who wish to protect their wealth against the stupidity of Keynesian economics? Smart investors are protecting at least part of their wealth outside the U.S.

2) Yes, defensive stocks can be a prudent investment and part of a diversified portfolio -- providing that you buy after the next serious market correction. When was the last serious market correction? This bull market is more than eight years old, a historic time frame, and investors keep waiting for a correction that never seems to happen. Why is that? Does that make you confident -- or does it instill you with dread? If you are confident, be my guest and buy at all-time highs. Perhaps you will win in the headwinds of history. Me? I can obtain much safer, higher returns, elsewhere.

3) Yes, property in solid locations will never lose. So, you may as well get the real market yields offered by the non-welfare-state countries. What happens when investors can no longer live on interest rates, because of the financial repression (artificially depressed interest rates) caused by the government? They look elsewhere in the rush for yield. This hunt for yield artificially inflates property values and therefore reduces yield, so that the average yield on real estate might be 5-6% instead of 8-10% -- or more. Why play a losing game with the repressive rules set by our would-be masters?

[Svoboda]

(09-12-2017 01:32 PM)Tail Gunner Wrote:  

(09-12-2017 01:19 PM)Svoboda Wrote:  

(09-12-2017 10:41 AM)Tail Gunner Wrote:  

(09-12-2017 10:28 AM)Going strong Wrote:  

(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.

Link?
Are you sure you're not mixing it up with Argentina?

The link is in post #15. Or you can simply Google it.

Thanks
I did a quick read, from what I understand Brazil has capital controls on money coming in, right? But no capital control on money leaving Brazil?

[Tail Gunner]

(09-12-2017 01:55 PM)Svoboda Wrote:  

Thanks
I did a quick read, from what I understand Brazil has capital controls on money coming in, right? But no capital control on money leaving Brazil?

I am not sure. I am not an expert. The mere fact that Brazil has capital controls, has a long history of capital controls, and has a very corrupt government (including two presidential impeachment proceedings within the past year) is enough to make me very hesitant about investing there.

Why invest for a 10-12% yield in Brazil, when there are plenty of other places where you can obtain the same yield. Now, if you can obtain a truly great yield or find an exceedingly great path-of-development capital-appreciation play, then it could make sense. Or if you simply love Brazil and wish to live there and manage your property, that also makes sense. Those intangibles are also important.

[Going strong]

(09-12-2017 02:34 PM)Tail Gunner Wrote:  

(09-12-2017 01:55 PM)Svoboda Wrote:  

Thanks
I did a quick read, from what I understand Brazil has capital controls on money coming in, right? But no capital control on money leaving Brazil?

I am not sure. I am not an expert. The mere fact that Brazil has capital controls, has a long history of capital controls, and has a very corrupt government (including two presidential impeachment proceedings within the past year) is enough to make me very hesitant about investing there.

Why invest for a 10-12% yield in Brazil, when there are plenty of other places where you can obtain the same yield. Now, if you can obtain a truly great yield or find an exceedingly great path-of-development capital-appreciation play, then it could make sense. Or if you simply love Brazil and wish to live there and manage your property, that also makes sense. Those intangibles are also important.

I'd like to ask you, by PM and if you don't mind, about places where a 10-12% yield through property rental, is feasible. Places and countries enjoying a serious level of legal protection and stability, of course. I can think of BsAs now, or maybe Spain two years ago, but apart from those...? Poland? Second tier Ireland? Arizona?

[Tail Gunner]

(09-12-2017 02:45 PM)Going strong Wrote:  

(09-12-2017 02:34 PM)Tail Gunner Wrote:  

(09-12-2017 01:55 PM)Svoboda Wrote:  

Thanks
I did a quick read, from what I understand Brazil has capital controls on money coming in, right? But no capital control on money leaving Brazil?

I am not sure. I am not an expert. The mere fact that Brazil has capital controls, has a long history of capital controls, and has a very corrupt government (including two presidential impeachment proceedings within the past year) is enough to make me very hesitant about investing there.

Why invest for a 10-12% yield in Brazil, when there are plenty of other places where you can obtain the same yield. Now, if you can obtain a truly great yield or find an exceedingly great path-of-development capital-appreciation play, then it could make sense. Or if you simply love Brazil and wish to live there and manage your property, that also makes sense. Those intangibles are also important.

I'd like to ask you, by PM and if you don't mind, about places where a 10-12% yield through property rental, is feasible. Places and countries enjoying a serious level of legal protection and stability, of course. I can think of BsAs now, or maybe Spain two years ago, but apart from those...? Poland? Second tier Ireland? Arizona?

Most of Latin America offers numerous 8-10% yields. The difference between a 8-10% yield and a 10-12% yield in those countries is doing the boots-on-the-ground legwork necessary to find and identify those properties, after looking at 50 of them. A knowledge of the local language is immensely helpful, so that you can read the local listings and "for sale" signs, thereby avoiding the Gringo pricing. Avoiding web sites in English also helps immensely.

Here is a random article that I just found on the web.

http://nomadcapitalist.com/2015/12/02/5-...al-yields/

Note the hamster thinking by the guest who posts the fourth comment. His thinking, if you can call it that, is obviously formed by the mass media: these countries are dangerous, you will swindled, etc. Yes, that can happen -- if you are an imbecile. It can also happen occasionally even if you do everything right. But that can happen even in the U.S., which is why diversification is so important so that one bad investment does not wipe you out.

[Australia Sucks]

Tail Gunner I think people need to differentiate between gross yields and net yields. Some expenses for property are relatively fixed costs. Whether you own $100,000 property or $1,000,000 property, a plumber coming to fix a broken pipe will still generally cost you the same money. Also things like property manager fees and strata fees, etc do generally have scale advantages. You also have to look at vacancy rates, etc. Also you have to consider in high yielding places if you are more likely to get dodgy tenants who trash the place or pay the rent late, etc. For example a 4% gross yield in a high end prime property might give you for example a 2.5% net yield, whereas a 6% gross yield in a non-prime location (which may have less capital growth) might give you a 3% net yield, so the difference is not as much as it first appears.

When you say 8-10% yields are you talking gross or net yields? What are the rental markets (vacancies, etc), tenant quality and tenant laws, capital controls, respect for private property, currency risks, transaction costs, financing/borrowing costs, etc in the countries you speak of? In many developing countries everyone (property manager, tenants, maintenance guy, etc) will fuck you over if they know you are not in the country keeping an eye on the property so there is that to consider as well. One huge advantage developed economies generally have is the low mortgage rates and low deposit requirements (for those looking to leverage into property) compared to developing economies where its typically difficult and expensive to borrow. I remember recently on Rooshv there was a property thread about investing in property in the U.K. and the o.p. was borrowing the majority of the purchase price at 2.5%!! Try and get an 80% LVR mortgage loan at 2.5% interest rates in a developing country.

I will point out that the O.P. was not clear if he has $600,000 in cash or is looking to borrow part of that money.

There is also liquidity to consider. Even in developing countries in tier one cities (e.g. capital cities, tourist cities, etc) yield are generally not going to be super high. The 8%-10%+ yields are generally found in second tier cities which in developing economies might be an illiquid market. What if you need to sell?

I am not saying you cannot make more money buying property in developing countries. I am just saying people need to do deeper research as things are not always as attractive as headline numbers suggest.

p.s. that nomad capitalist article was from 2015. I suspect the rental yields would now be somewhat lower in most of the countries listed in the article.