Thank you everyone for the kind messages about feeling better yesterday; I really appreciate the hundreds of emails with warm words.

On a happier note, I got notice this week that the preconstruction home I bought on the beach in Brazil is successfully being rented out and is fully booked out for all of Carnival, an important time in Brazil for rentals.

I bought this property for a sale price of $99k USD at the 2022 Expat Money Summit. It took about 14 months for delivery, then one month to furnish it and for them to turn the electricity and internet and everything on, so call it 15 months total, start to finish, from when I ordered the house until I went into the rental program.

Back of napkin math, I paid $99k + $10k furniture + some closing costs, call it $3k = $112k USD

If I sold it today as is, I would easily get $150k for it, so nearly 40% capital appreciation in 15 months.

But better than that, I have a tangible asset that should generate around 10% in free cash flow for me in year one; I hope to grow that to 12-14% over the next 3 years or so.

And if I needed, I could apply for residency in Brazil at any time and even stay in this place if I wanted to. It might be a bit small for a family as large as mine, but we could manage. Anyways, I bought two other houses there not far away so we could always use them too.

For me, this is much more attractive than being in the stock market right now or having my money sitting in some bank on the verge of collapse...

My partners in Brazil have a couple of super sexy projects going up soon in the same area as mine. If you are looking for somewhere affordable to park money and get a nice cash flow (plus a nice bump in capital appreciation), please feel free to reach out to Michael at:

expat@beachfrontoffers.com 

Not sure how many they have available so email for more info,

Mikkel

PS. Here are some updated pictures of the development I am in:

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