Buying Real Estate Overseas For Cash Flow (And A Better Life)

18Do Your Research and Identify Three Destinations That Fit Your Budget and Your Lifestyle Goals

The first step is to decide where you're interested in investing. Don't chase promises of high yields in Bulgaria if you have no desire to be in Bulgaria. Even some places where we have enjoyed spending time, we've opted not to invest because we didn't expect to be able to return often or at all even if we owned property there. To maximize your return on a cash-flowing investment anywhere, you should plan to visit the property at least once a year.

Focus on destinations where you'd enjoy vacationing. In these pages, we target Portugal, Spain, Mexico, Colombia, Brazil, Panama, and the Dominican Republic, because those countries offer good investment opportunities in 2020 and will continue to do so long term. These aren't the only places you can find good real estate cash-flow investments overseas, but if one or more of those destinations appeals to you as a place to visit, then that's the place to start.

If you vacation internationally, think back over places that you'd like an excuse to return to, then look into the current local real estate opportunities.

If you like to dive, beach and diving destinations in the Caribbean should be at the top of your shopping list. If you're a fan of classic architecture and Old World history, look first in Europe. Sailors might look in locations with marinas. Surfers should prioritize countries in the Americas with a Pacific coast.

You get the ...