design/il_design/templates/il_sections/real_estate/line/il_postcard.tpl
The Overseas Property Rule Book
Date: 07/15/2006
International Living Postcards--your daily escape
Saturday, July 15, 2006
Paris, France
Buying foreign real estate can be intimidating and sometimes risky. If you're thinking about acquiring a second home or first investment abroad, you may be worried about the stories you've heard. You know--the ones where, having written the last check to the real estate agent, local officials knock on your door to inform you that you don't actually own your new house on the beach…you were misinformed and you need to move out right now.
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Wiping Your Face
Date: 06/10/2006
International Living Postcards--Saturday Edition
Saturday, June 10, 2006
Paris, France
Dear International Living Reader,
"I know that Lief Simon is still advertising that he has never lost money in a deal, but I'll tell you that I have lost a lot of money following his advice. This is a very risky business if you are not where the investment is and an expert in that local real estate. And it's especially dangerous if it's one of the pre-construction deals that this operation loves to hype. One never knows what the situation will be a year or two in the future. I would avoid these enticements like the plague!"
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Four Ways to Invest $50,000
Date: 06/03/2006
International Living Postcards--Saturday Edition
Saturday, June 3, 2006
Paris, France
Dear International Living Reader,
A reader I met at our Live Overseas Latin America Conference in Puerto Vallarta in April told me he'd researched the Costa Rican property market for five years, considering making a buy. Meantime, prices appreciated, maybe, 200% in that period. The market became too expensive for him, and he never did act.
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The Little Black Book of Global Real Estate
Date: 05/19/2006
International Living Postcards--your daily escape
Friday, May 19, 2006
Puerto Plata, Dominican Republic
Dear International Living Reader,
Day two of the Global Real Estate Forum dawned clear and warm on Cofresi Bay outside Puerto Plata on the north coast of the Dominican Republic. An 8 a.m. start time meant that a few attendees came in late after sampling Dominican hospitality, food, and drink the night before, but an early start was necessary to get through everything we had planned on this final day.
Now, it's all over. But for the 30 attendees at the Forum, it's all about to begin.
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No CGT, Says IRS
Date: 05/20/2006
International Living Postcards--Saturday Edition
Saturday, May 20, 2006
Puerto Plata, Dominican Republic
Dear International Living Reader,
A quick addendum to our reporting from the Global Real Estate Forum these past two days.
Several readers wanted me to clarify the position of the IRS re: Section 1031 of the Internal Revenue Code, also known as "like-kind exchanges."
Here's the scoop: This incredibly powerful wealth-building strategy has been around since 1921 and is still used by the country's most savvy real estate investors. Remarkably, the IRS made this tax deferral possible.
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VIP Property Secrets Revealed
Date: 05/18/2006
International Living Postcards--your daily escape
Thursday, May 18, 2006
Puerto Plata, Dominican Republic
Dear International Living Reader,
The drive from the airport to Sun Village Resorts, the site of our Global Real Estate Forum, took us around some major infrastructure work--$10 million in new water and electricity lines being laid in Puerto Plata to ready the area for an anticipated tourism boom from North America. The Brits and Australians are already here, and everyone seems to be waiting for the good news about the Dominican Republic--great weather, world-class beaches, low prices--to reach the U.S. vacation and condo-buying market. The government certainly believes the news will break soon and is putting money into bringing the infrastructure in line to meet U.S. expectations…tearing up streets in the meantime.
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How to Manage Your Overseas Property
Date: 02/11/2006
International Living Postcards--Saturday Edition
Saturday, Feb. 11, 2006
Waterford, Ireland
Dear International Living Reader,
In the world's hottest markets, you need to be prepared to act quickly.
I'm not suggesting you should decide today to buy an apartment in, say, Buenos Aires…then, without further consideration or research, proceed immediately with a purchase.
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25 Things You Must Know Before Buying Property Overseas
Date: 01/14/2006
International Living Postcards--Saturday Edition
Saturday, Jan. 14, 2006
Paris, France
Dear International Living Reader,
He's a nice guy; friendly. He seems to know what he's talking about, and, boy, he sure paints a pretty picture. "The clubhouse will go here…the tennis courts over there…and around the bend down there will be the marina…"
The sun is bright, the sand is soft and white, the water warm. Palm trees sway in the slight ocean breeze. Sitting beneath them, frozen rum drink in hand, you're hooked. If this ain't Paradise…what is?
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