Real Estate Investing for Digital Nomads: How to Buy U.S

Real Estate Investing for Digital Nomads: How to Buy U.S. Rental Properties from Anywhere in the World and Finance an Epic International Lifestyle Real Estate Investing for Digital Nomads: How to Buy U.S. Rental Properties from Anywhere in the World and Finance an Epic International Lifestyle

DISCLAIMER THE AUTHOR OF THIS REPORT IS NOT A LEGAL OR TAX PROFESSIONAL AND THE INFORMATION HEREIN SHOULD NOT BE CONSTRUED AS LEGAL, TAX OR OTHER FINANCIAL ADVICE. THIS REPORT IS FOR INFORMATIONAL PURPOSES ONLY. THE AUTHOR DOES NOT ASSUME ANY RESPONSIBILITY FOR ERRORS AND OMISSIONS. MATTHEW BOWLES AND MAVERICK INVESTOR GROUP, LLC SPECIFICALLY DISCLAIM ANY LIABILITY RESULTING FROM THE USE OR APPLICATION OF THE INFORMATION CONTAINED HEREIN. IT IS THE DUTY OF ALL READERS TO CONSULT THEIR OWN LEGAL, TAX AND FINANCIAL PROFESSIONALS REGARDING THEIR INDIVIDUAL SITUATION AND APPLICABLE LAW BEFORE PURCHASING ANY REAL ESTATE. BUYING REAL ESTATE INVOLVES RISK WHICH BUYER ASSUMES. ALWAYS DO YOUR OWN DUE DILIGENCE. I M A G I N E . . . swimming with Dolphins in the Galapagos Islands, paragliding over the Andes in Colombia, racing dune buggies through the Peruvian desert, dancing at street parties in Sao Paulo, watching sunsets in Tuscany, skiing the Swiss Alps, taking a special date to the Taj Mahal on Valentine’s Day, exploring ancient temples in Cambodia, watching the Formula 1 Grand Prix night race through the streets of Singapore, scuba diving with whale sharks in Thailand..…and having absolutely EPIC adventures like this EVERY. SINGLE. MONTH.

I did all these things just this past year alone, and I had similar adventures the year before, and the year before that…

But these are NOT vacations.

This is what we call the Maverick Nomad Life…Living in the most EPIC locations on the planet (exclusively by choice, with no business purpose), deciding whether to work from the beach or by the pool, and integrating adventures, amazing food, and substantive cultural immersion into our lives on a permanent, ongoing basis.

If you’re a “digital nomad” (or at least an aspiring one), who places a preeminent value on location independence and lifestyle design, this report is written for YOU. In it, I will show you how to buy and hold U.S. rental properties from anywhere in the world, so that you can live in the most epic locations on the planet while generating passive rental income to finance your global lifestyle.

In 2007 I co-founded Maverick Investor Group, which was named one of the Top 50 Real Estate Opinion Makers and Market Leaders by Personal Real Estate Investor Magazine.

Maverick has presented at real estate conferences around the world, been featured on ABC, NBC, CBS, FOX, TheStreet.com, Real Estate Wealth Magazine and a number of other publications.

Matthew Bowles, Partner Maverick Investor Group, LLC My business partners and I have helped individual real estate investors like you (not Funds or Institutions) buy over $100 million in residential A year and a half ago, I investment property across 15 U.S. states, which was a brand new investor, has enabled many of our clients to take control of their and now I have my 5th financial future and take their lifestyle design to a property under contract through Maverick. whole new level. We have many clients in the U.S., Everything I’ve learned but we also have many clients that live around the from Maverick in the past world and, of course, plenty that are itinerant and 18 months has been regularly hop from country to country and continent to priceless. I consider continent. Maverick to be an essential asset in my real estate

wealth building and I can’t As I write this, I’m sitting in a coffee shop in Tokyo, imagine going forward overlooking the bustling Shinjuku district. So, feel free without them. to grab a cup of coffee and join me! I’m going to start by explaining the specific benefits of buying and Ali Boone holding residential investment property, then I will Aeronautical Engineer Los Angeles, CA share how we have tailored our services specifically for digital nomads like you, and finally I will take you step by step through the fundamentals of HOW TO:

Buy “turnkey” properties so you don’t have to be the rehabber or the landlord Select the best U.S. property markets Evaluate properties from outside the country Conduct your due diligence from outside the country Close on the property from outside the country Handle all of your tax planning and asset protection from outside the country Develop a strategic plan for using U.S. rental properties to finance your epic international lifestyle.

Matthew Bowles,, Partner LET'S BEGIN! Maverick Investor Group, LLC HOW TO USE RENTAL PROPERTIES TO FINANCE YOUR EPIC INTERNATIONAL LIFESTYLE

Whether you are a full-time employee who works remotely, a freelancer, or a virtual business owner, your financial priorities should be:

To KEEP as much of the money you make as LEGALLY possible (to surrender as little as legally possible to taxes, inflation, etc).

To CONTROL and PROTECT the money you Maverick Investor make—to prevent it from getting stolen by a Group has pioneered stock market crook (Like Bernie Madoff), a business model invested poorly (by an amateur stock broker), that helps individual or depleted by exorbitant mutual fund “fees” investors from (that are often confusing to understand or not around the U.S. and around the world buy clearly disclosed). quality turn-key real estate in the best real To CONVERT your ACTIVE income (that you estate markets. work for) into PASSIVE income (that flows to you without you having to work) as quickly and Andrew Waite Founding Publisher efficiently as possible by purchasing INCOME- Personal Real Estate GENERATING ASSETS. The greater your Investor Magazine stream of passive income that flows to you, the more of your lifestyle expenses will be covered without you having to work. Buying and holding investment real estate in the U.S. is the single most strategic way of accomplish all 3 of these priorities, and I’ll explain why.

The primary advantages of buying and holding residential investment property:

✓ Owning Hard Assets Deeded, freehold residential investment property is a “hard asset” (as opposed to “paper assets” like stocks and mutual funds) that you completely own and control yourself. A house cannot disappear overnight in a stock market scandal or be stolen. You control it and this is why serious investors build a portfolio of cash flowing rental properties and keep a substantial portion of their wealth invested there.

✓ Tax Advantages Residential investment property is the I'm a conservative real estate most tax-advantaged asset class in the investor and prior to working with Maverick I had never U.S.. As long as you are buying to considered investing outside hold (and not flip), the U.S. of my local area. But Maverick government allows you to “depreciate” helped me buy out-of-state your rental property (the structure, not properties that had a better the land) over 27.5 years and take that net return and better capital appreciation potential. What I as a “loss” on your tax return, even if like best about Maverick is the property has gone up in value (in their follow through and their addition to a number of other tax immediate response to my benefits). So, if the structure of your questions. I have closed on 3 property is worth $275,000, that Maverick properties in the last means you can depreciation $10,000 5 months and I am now working with them to buy my each year and take that as a “phantom next one. loss” (because you didn't actually “lose” anything) and write it off against Paul Keele Electrical Contractor your real estate income (and in some Matthew Bowles,, Partner cases, other forms of income as well). Reno, NevadMaav erick Investor Group, LLC Passive Residual Income ✓ Rental properties (provided you buy them right) produce passive residual income (“PRI”). Also called “positive cash flow”, this is your gross rental income minus all of your fixed expenses (taxes, insurance, property management fee, HOA if any, mortgage payment, etc.), minus an estimate for vacancy and maintenance. It is “passive” because you don’t have to actively work for it, and it is “residual” because it flows to you every month.

Building a base of hard assets that generate PRI is what smart real estate investors do. Producing enough PRI to cover your living expenses so that you don’t need to work for active income enables you to work less (or eventually not at all), recapture your time and design your lifestyle as you choose. ✓ Hedge Against Inﬂation If you have your money in a savings account, the interest rate you are earning is probably less than the rate of inflation, so you are actually losing money in real dollars. When you own residential investment property you have one of the only assets that provides a built-in hedge against inflation. Home prices rise with inflation, as do rents (which you usually have the ability to raise each year when you renew or sign a new lease with your tenants). Buying and holding residential investment property is one of the most effective ways to defend your wealth against inflation.

If you would like to discuss out-of-state real estate investing, get your questions answered, discuss which markets are the most investor-advantaged right now, I invite you to register for a private phone consultation with Maverick. On this consult we can discuss your personal needs, buying criteria, and real estate investing goals, and how Maverick can customize our service to help you achieve them. WWW.MAVERICKINVESTORGROUP.COM/MYGOALS

Matthew Bowles,, Partner FREE PHONE CONSULTATION Maverick Investor Group, LLC HOW TO BUY PERFORMING U.S. RENTAL PROPERTIES FROM ANYWHERE IN THE WORLD.

One of the most common misperceptions about real estate that turns digital nomads off from it is the age-old belief that it requires your physical presence where the property is located to renovate The beauty of Maverick is that it, rent it, manage it or maintain it. Or at least to see they go out into the best it, inspect it yourself, sign the closing papers and markets around the country get the keys. and find investment properties that perform. The properties come with tenants and But that is not how Maverick Nomads buy rental property management in place property. We have developed a business model already so the heavy lifting is that allows you to transcend ALL of those done for you. perceived geographical restrictions. Here is an Jon Swire overview of how we help our clients buy and hold Keller Williams U.S. rental property from anywhere in the world: Top 25 Agents in the U.S. for Five Consecutive Years; Author of There's No Free Buy “Turnkey” Properties with Lunch in Real Estate Tenants and Property Management Already in Place Rental properties purchased through Maverick are presented to you as “turn-key” buying opportunities. This means that:

The property is either new or fully-renovated;

There are tenants in place paying rent when you close;

There is a full service local property management company in place to collect the rent (and deposit it into your account), interact with the tenant, handle any maintenance issues or other problems that arise, and re-lease the property when the tenant moves out in the future.

This means that you don’t have the headaches of being a rehabber or a landlord, and that you don't have to live anywhere near your rental properties. Remember, you are buying an appreciating asset and a stream of income, and the reality is that you do not need to touch and feel this asset any more than you need to touch a stock certificate. And now that you understand how to buy from outside of the U.S., let's talk about where to buy, and what goes into selecting an investor- advantaged real estate market.

Maverick has been really great in TURN-KEY helping my clients make more money REAL ESTATE = and keep more money. They understand what it takes to find really good investment properties. Every one of my clients that has bought a NEW OR FULLY- property through Maverick has come back and bought additional RENOVATED PROPERTIES properties. Even our staff CPAs are WITH TENANTS AND buying through Maverick. LOCAL PROPERTY Diane Kennedy, CPA Best-Selling Author of Real Estate MANAGEMENT IN PLACE. Loopholes and Loopholes of the Rich HOW TO SELECT THE BEST U.S. REAL ESTATE MARKETS

There are a lot of mistakes I see people make when they begin selecting “where” to buy their rental properties. One of the most expensive mistakes is when people start thinking they might want to personally use the property for vacation or at least have it in an area they want to visit. This is a super expensive mistake, as most such locations and properties are not a good investment. Another mistake people make is swinging for the fences speculating on future appreciation and trying to jump into roller coaster markets hoping for a big upswing, even though the positive cash flow any not be there. So, the most important approach to selecting a market is understanding how to buy based on real estate investment fundamentals.

Buying Rental Properties Based on Real Estate Fundamentals

BUYING REAL THAT MARKET ESTATE IN AN ALSO HAS APPRECIATING IF AND ONLY IF SOUND REAL MARKET IS ESTATE GREAT... FUNDAMENTALS. At Maverick we help our clients determine not only what markets are going up in value (and where they are in the property cycle), but we also look at:

The price to rent ratio. ✓ Meaning, how low you can buy the property for and how high you can rent it. Hence, how good is the potential cash flow margin?

Demand drivers. ✓ Drivers like job growth, population growth and percentage of the population that rents.

Supply side indicators. ✓ How much property is available for sale and for rent in a particular price point? How long does it stay on the market? What is the absorption rate?

Aordability. ✓ What percentage of the population can actually “afford” the median home price based on the median income (and how much more can the properties appreciate before the majority of the population can no longer afford them)?

Expenses. ✓ How much do property tax rates, HOA fees and other localized expenses (which vary by market and location) affect your overall cash flow?

Micro Market Factors. ✓ What is the ratio of primary home owners to renters in the community? What are the market rents, the localized vacancy rates and how are those Matthew Bowles,, Partner trending in the local areas? Maverick Investor Group, LLC WHEREAS...... it certainly makes sense to “buy in the path of growth” in many instances, be advised that many investors are buying in certain markets that we consider highly speculative. Regardless of the home price appreciation trends in these markets, we absolutely do NOT recommend our clients buy there as those markets do NOT have the sound real estate fundamentals discussed above. Be sure you know which markets are which.

Access to this type of market data is a core component of the value we provide to our clients so you can make highly informed decisions when you are ready to buy investment property. However, it is always YOUR responsibility to conduct your due diligence on your property before you close. Fortunately, you can do that entirely from out of the country as well.

Conducting Due Diligence from the Beach in Thailand (or Anywhere Else)

Many people get burned because they don’t conduct the proper due diligence on their properties before they close. This is the case whether people are buying from outside the country or from right down the street. So, Maverick has been very nice let’s talk through some of the core fundamentals of to work with. They have been proper due diligence when buying rental properties. professional from start to finish and we never had any The first step should be all of the market analysis sales pressure. Their customer service was (both macro and micro) listed above in the previous tailored to our specific needs section (verifying rental rates, vacancy rates, trends, and we felt very comfortable etc.), to ensure you are buying in an “investor through the whole process. advantaged” location. We introduce our clients to Dr. Chris Latvis, third party tools and sources of relevant data so they Dentist Avon, CT can do all this independently, and from anywhere in the world. Once you have established that, you need to go deeper and investigate the actual property itself. As the buyer, you are always responsible for doing your own due diligence. Nobody can do it for you and if anyone tells you they can, run in the other direction. The responsibility is on you to establish a thorough, uniform due diligence regiment that should include these items as a bare minimum:

A third party home inspection by a professional home inspector. ✓ Ensure you are the one who hires the home inspector (and don’t simply accept an inspection that was already done and paid for by the seller). When the home inspector is hired by you, they work for you, and their job is to help you identify any defects in the property that need to be cured before you close (or if there are serious problems, to let you know about them so you can decide not to buy that property).

An appraisal of value by a licensed home appraiser. ✓ This is to determine the current market value of the property and ensure you are not overpaying for it. If you are buying your property with a conventional mortgage, your lender will require this. If you are paying cash or using private financing you are welcome to hire the appraiser on your own, or at least get an independent broker price opinion (BPO) and confirm closed comparable sales to support the Matthew Bowles,, Partner price you are paying for the property. Maverick Investor Group, LLC Independently verifying all of ✓ your expenses. The best thing about Maverick is that you guys are creative Ensure that you verify all of the expenses thinkers and problem solvers - associated with the property (property always willing to go the extra taxes, insurance rates, HOA dues if any, mile to make the deal work. mortgage payment if any, etc.). Under- You guys are always available. You walked me through a lot of estimating or omitting some of these can the basic stuff. I really skew your cash flow analysis. appreciated it and am looking forward to the next deal. Reviewing Documents Farlan Dowell, Sales Manager San Francisco, CA ✓ It is important to review the purchase contract as well as the property management agreement (you have a right to get your lawyer to review it as well). Ensure that you get all your questions answered and that you understand everything before signing.

Conﬁrming Solvency of any Home Owners Association ✓ If there is a Home Owners Association (HOA), you should confirm it is solvent. Otherwise, your property value could decline based on other residents not paying their HOA dues. You also need to understand the CC&Rs and confirm there are no restrictions on renting your property (I have heard about investors buying property in communities where the HOA did not allow rentals! Now that would suck. Confirm before you close!)

Matthew Bowles,, Partner FREE PHONE CONSULTATION Maverick Investor Group, LLC GETTING STARTED: YOUR PERSONAL PLAN

Itemize the Costs of Your Ideal Lifestyle

For the items that cost money, itemize out the costs, list them all (everything from groceries, rent and car insurance to charitable contributions to your experiences and learning pursuits—maybe you want to learn to speak Italian, or take Tango lessons, or live in 10 different countries per year). Whatever it is, price it, itemize it, and amortize the cost on a monthly basis. You can use a very simple table like this:

Description of Lifestyle Expense Monthly Cost

Food/Groceries $500 Rent/Mortgage $1,500 Contributions to favorite cause/charity $200 International Airfare for World Travel (amortized monthly) $400 Italian Language Class $40 Tango Dance Lessons $60 Fun/Entertainment $300 TOTAL $3,000 This is just an example of the format, obviously you will have different or additional itemized expenses, so be sure to get them all down so you don’t underestimate. Then total them up so you have "your number".

Your Number = The amount of passive residual income needed to be financially free.

Write your number down and post it prominently where you can see it along with your list of dream lifestyle components it will afford you. In the example above, the number is $3,000 of passive monthly income, so we will use that to demonstrate.

Build Your Passive Income Streams

Focus on Building Your Passive Income Streams to Hit YOUR Number. Start (or continue) building your portfolio of cash-flow real estate. Conduct your real estate investment analysis to confirm how much cash you expect to have in your pocket each month from each property. Then, as you close on each property, subtract its monthly cash flow from your number so you have a running tally of how much passive monthly cash flow you still need. Here is an example, using the goal of $3,000:

Net Monthly Remaining to hit Cash-Flow Properties Cash Flow $3,000

123 Main Street $600 $2,400.00 742 Sprucewood Lane $400 $2,000.00 612 Cypress Ave $800 $1,200.00 834 Lakeview Drive $500 $700.00 TOTAL $2,300.00 $700.00 STAY THE COURSE

Keep learning and honing your investment strategy as you go along, buying the best cash-flow properties you can, strategically mitigating risk to maximize your net operating income, and remaining mentally focused on the incredible incentives that occur when you hit your number—not only the passive income to finance your dream lifestyle, but recapturing the time you need to enjoy it!

HOW IT ALL WORKS M a v e r i c k I n v e s t o r G r o u p works exclusively with individual real estate investors like you. We identify investor-advantaged real estate markets; we study and spend time in those markets; and we get you access to private buying opportunities for turnkey properties in those markets. In each real estate market where we operate, we have relationships with local market specialists—independent, well-capitalized companies that are able to acquire, renovate, lease and manage these properties with economies of scale and pass the benefits on to you. In addition to their local market knowledge, and the relationships that often allow them to get access to properties before the general public, the fact that they buy so many more properties and renovate so many properties enables them to buy materials in bulk, lower their cost basis and produce performing properties at a much lower cost than an individual trying to do it themselves. Since Maverick is able to refer volume business to each of our property providers, we save them substantial overhead—advertising, marketing, holding costs, etc. This is how we are able to get you access to off-market properties, often with special prices and terms that are not available to the public

All Maverick buying opportunities are for deeded freehold real property only, whereby each real estate investor can purchase and individually own their properties in order to reap the full financial benefits of owning real estate (tax advantages, depreciation, etc.). There is never any pooling of money; there are never any securities offered through Maverick; and there is never any money handled by Maverick. Each buyer contracts directly with the seller and sends money directly to escrow. Maverick is ‘referring’ potential buyers only and does not represent the buyers or the sellers in any capacity.

The principals of Maverick are all professional real estate investors as well as licensed real estate agents. As a brokerage, Maverick Investor Group makes money through referral fees from the sellers. Since the property providers do not have to pay a broker to list and sell the property on the MLS, they can pay the referral fee to Maverick. Most of the properties presented through Maverick have already been fully renovated and have tenants and local property management in place. This means someone else has taken the risk in the acquisition. Someone else has professionally renovated the property and warranted the work. Someone else has endured the holding costs and vacancy period while renovating and renting the property out to a qualified tenant. So, you get to walk in, buy a performing property and have top notch professionals managing your property locally, so you can invest in the best U.S. markets from anywhere in the world and never have to worry about being a landlord. Your property management statements are online for your review anytime you your rent is automatically deposited into your account.

When private buying opportunities are presented through Maverick, we also introduce you to preferred lenders, local property management companies and other preferred vendors that can provide value to you. Plus, we provide you with access to resources so you can independently verify information about the local economic indicators, the rental demand, local vacancy rates, unemployment rates, etc.

We also want to get to know you personally, and understand your buying criteria and real estate investing goals so we can support you in developing and then executing a plan for the long term.

FREE PHONE CONSULTATION Real Estate Investing for Digital Nomads: How to Buy U.S. Rental Properties from Anywhere in the World and Finance an Epic International Lifestyle

Maverick Investor Group, LLC Address: 9890 S. Maryland Pkwy. Suite #200-A Las Vegas, NV 89183 Phone: 725-222-0488 Email: [email protected]