We bought our first multi-family property – a duplex in the trendy Riverside area of Jacksonville, Florida – and broke three investment rules in the process. We did our due diligence (e,g, property inspection, cash flow calculations) and felt that the opportunity matched our philosophy of cash flow and value over the long-term. But to […]
Our oldest daughter is finishing up her last year of college. She got a full tuition scholarship to a city college, which saved us over $200,000 over four years vs going to a private college, an opportunity cost large enough to buy a house outright for cash! While we didn’t do that, we invested that […]
We first visited Costa Rica in March 2017 and closed on two properties before the end of the year. For our first property, we knew we wanted to be in Tamarindo, a popular beach town. Our intent was to buy a vacation rental investment for now, and “popular” ensures strong rental potential and “beach town” fits in with our priority to retire by the water.
Buying in Costa Rica was important to us because we look at it as our FIRE Plan B – if we can’t afford to retire early in pricey New York City, we could definitely do it here.
I have a coaching exercise called 100 Dreams, which helps clients flex their wish muscles and also reminds them that there isn’t one be-it-and-end-all dream. The popularity of the exercise has resonated with the likes of Chris Guillebeau and Laura Vanderkam, and I’m thrilled they have introduced it into their communities. I do the 100 […]
