Some of the links in this post are affiliate links. We may receive compensation if you click one of those links and purchase a product. Not only are Scott and I working on achieving FIRE together, but we are also in business together. In fact, we are currently developing a new course called Making FIRE Possible, which covers the main strategies we have used to exit the traditional corporate grind [...]
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Using Home Equity vs. Parent PLUS Loan to Pay for College
– Posted in: FinanceBy Nate Matherson, Co-founder of personal finance site LendEDU, and a recent college graduate from the University of Delaware’s Class of 2016. As a student debtor himself, Nate is an expert in all things related to paying for college and student loan debt. Paying for college has become unaffordable for most families, so borrowing has become a necessity. And, it’s not just students taking out loans either – many parents [...]
How To Pick Your First Real Estate Investment – A Decision Matrix
– Posted in: Real EstateThis reader is thinking of making a real estate investment in Costa Rica but is also considering options closer to home: I LOVE what you guys are doing! I stumbled across your blog a couple weeks back and have been reading various articles that you've published. You two are my heroes!My wife and I are in a similar situation to you (although we met and had kids a bit later [...]
Will A US Recession Hurt Our Real Estate In Costa Rica?
– Posted in: FinanceLiving in New York City, the financial capital of the world, talk of the markets can easily occur multiple times a day even for the average bystander. I also happen to be a personal finance junkie, used to work in finance and still have friends in the field, so recession watch is at the top of my mind. The recent inversion of the yield curve, where the yield on the [...]
Is Costa Rica A Good Place For Purchasing Your Very First Rental Property?
– Posted in: Real EstateSome of the links in this post are affiliate links. We may receive compensation if you click one of those links and purchase a product. This reader is choosing between a real estate investment in Alabama or Costa Rica: My wife and I (both born and raised in the US) are looking into buying our first rental property. I'm looking at a condo in Gulf Shores, Alabama, but she wants [...]
Costa Rica FIRE Turns One
– Posted in: ProductivityIt's a bit hard to believe how quickly the time goes by, but one year ago Caroline and I started our new website, Costa Rica FIRE! It was not our first attempt at a website. We had created one previously, while I was still working my corporate job, and over time we felt the name of the site and the direction of the content just didn't fit our passions and [...]
Around The World Travel Adventure Began With Meditation In Philadelphia
– Posted in: WellnessTravelling the world has always been a dream for us. Once we set it as one of our life-goals, along with establishing location-independent business ventures, we knew we would get there some day. We still have a long way to go to fulfill the dream, but we are on the path, the journey ahead is becoming clearer, and meditation has played a big role! A few years before Scott officially left [...]
Cash-Out Refi Or HELOC: How To Pull Money Out From Your Investment Property
– Posted in: FinanceWhen we bought our first international rental property (Condo Boom in Tamarindo, Costa Rica), we decided to do a cash-out refi of another investment property to buy it all cash. Damn Millennial asked us a question on Twitter that we also asked ourselves: Out of curiosity why did you choose the cash out refi over the Heloc? The way I understand it the cash out is more expensive isn't it? [...]
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Welcome to Costa Rica FIRE, where we share our experiences of pursuing a life of financial independence, early retirement and location independence. We write about real estate, travel, and of course, Costa Rica and FIRE. Below you'll find our best highlights, and please remember to subscribe to our newsletter so that we can keep you up to date! Career Change After 40 Brings Me To Costa Rica - how we [...]