319: How To Own A Tropical Tiny Home
Get Rich Education
Keith Weinhold
4.3 • 602 Ratings
🗓️ 16 November 2020
⏱️ 47 minutes
🧾️ Download transcript
Summary
Before you buy foreign property, consider: access in rainy season, infrastructure, water pressure, safety, community, and developer track record.
Learn about a real estate performance bond and why it’s important.
Own tropical tiny homes, including over-the-water property, as low as $92K. Start here: www.getricheducation.com/tinyhomes
Subscribe to our Don’t Quit Your Daydream Letter here.
These exotic, affordable homes in vacation destinations are in Belize, Nicaragua, and Panama - both beaches and mountains.
As a foreigner, you can own full title to these Central American properties.
These homes are truly “tiny”, often 300 - 400 square feet, a little larger than an RV.
You can live in the property, or rent it out.
The developer has been in business 20+ years. I personally met them nearly 5 years ago.
You can get 50 - 80% financing. Use self-directed IRAs, gold, or crypto for purchase.
To get started, get the Tropical Tiny Homes Report and contact the provider through: www.getricheducation.com/tinyhomes
Resources mentioned:
Tropical Tiny Homes Report & Provider Contact:
www.GetRichEducation.com/TinyHomes
Show Notes:
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Transcript
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| 0:00.0 | Welcome to Get Rich Education. I'm your host Keith Winehold. Learn about the pitfalls that you must avoid before buying any foreign property, things that you've never thought about before, and the affordable opportunity for you to buy a tropical tiny home. |
| 0:14.4 | They're eco-friendly, smart, and some are even over-the-water bungalows with the community, orchards, your own garden plot, |
| 0:22.6 | and access to diving, surfing, beach-combing, hiking, and more tropical tiny homes today on |
| 0:28.2 | Get Rich Education. |
| 0:31.6 | Congress just made it possible to get up to $100,000 out of your current 401K or TSP to invest in real estate, gold, or even your own |
| 0:39.6 | business. That's even if you're still working and avoid the IRA Ubit tax. The thing is, |
| 0:45.6 | you can get your money tax and penalty-free for a limited time. The EQRP is your secret weapon. |
| 0:52.0 | With the CARES Act expiring soon, the EQRP company helps you unleash your retirement funds now. |
| 0:57.4 | Learn more and text message EQRP in all capital letters to 72,000. |
| 1:05.3 | You're listening to the show that has created more financial freedom than nearly any show in the world. |
| 1:12.6 | This is Get Rich Education. |
| 1:34.5 | Welcome to GRE from Cherokee, Oklahoma to Kankakee, Illinois and across 188 nations worldwide. |
| 1:38.0 | Doing the right thing before you do things right. |
| 1:39.3 | I'm Keith Weinhold. |
| 1:40.9 | This is Get Rich Education. |
| 1:44.6 | This is one of the more exotic and fun things that we've talked about on the show for a while, the ability for middle income people to own over the water tiny homes |
| 1:50.9 | for under $200,000, some for under 92K in vacation destinations, even over the water homes like you |
| 2:00.4 | would find in Bora Bora. Before we do that, |
| 2:04.1 | let's take a big step back and talk about due diligence. If you live in much of North America or |
| 2:10.6 | Europe, there are some mistakes to avoid with buying overseas property in general that you might not be |
| 2:17.1 | aware of, things that you wouldn't |
| 2:18.5 | even know to ask about. Is there year-round access to the property in both rainy season and |
... |
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