Investing in Turnkey Rental Properties from Anywhere in the World with Matt Bowles
Description
Investing in real estate as a nomad might sound impossible. When you’re traveling all the time, how can you buy a property, fix it up, find renters, and manage it? As it turns out, there is a way, and it doesn’t involve renovations or interviewing potential tenants—or require you to be local to the property.
In today’s episode I’m chatting with Matt Bowles, longtime nomad and cofounder of Maverick Investor Group, which helps people purchase turnkey properties that already have tenants and property managers in place. He shares why these types of properties are such great investments especially if you’re living the nomad lifestyle as well as the benefits of working with a nontraditional brokerage like his and how such an investment can give you consistent passive residual income for years to come.
In this episode:
Why Matt wanted to build his own business and how he created more autonomy in his life to travel the world
How joining Remote Year brought him community as a nomad, and what influences the pace at which he travels from country to country
Why he loves visiting Africa and his recommendations for nomads interested in exploring the continent
Everything you need to know about turnkey properties, from what they are to why they’re advantageous
How Matt’s nontraditional brokerage approach works for buyers, and the income and tax benefits that come with owning rental property
How this type of real estate investing plays into housing injustice, and how to be a responsible landlord who provides value and a safe space to tenants and the community
For full show notes, resources, and links go to www.nomadtopia.com/203.
Download your free guide, 10 Things You Need to Do before Becoming a Nomad: https://www.nomadtopia.com/guide
Ready to get more ideas, inspiration, and strategies for location-independent living? Subscribe to the podcast on your favorite platforms so you’ll get updated anytime a new episode is released!
Let’s connect! Get to know me better over on Instagram https:www.instagram.com/nomadamy or on Facebook at https://www.facebook.com/Nomadtopia/.
There have been some big changes in my life since Jill Sessa interviewed me for Episode 200 at the end of 2022, so I'm back with some updates!
Tune in to learn what's been going on, why I'm feeling the need for more space in my life and work, and how I'm creating that space.
I share:
The big...
Published 05/03/23
Simply deciding where to travel as a nomad can be tricky. Every country has different entry and visa laws, and it’s easier to travel with some passports than others. Unfortunately, people who have to apply for a visa to go almost anywhere face an unnecessary and unfair barrier to seeing the...
Published 03/01/23