120: Real Estate Investing in Belize, with Will Mitchell

Invest Like a Boss

English - May 07, 2019 03:50 - 1 hour - 68.1 MB - ★★★★★ - 478 ratings
Investing Business Technology finance invest investing investment millionaire money retirement stocks wealth wealthfront Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: 119: Q1 2019 Review, Sam & Johnny’s New Investments and Update

Next Episode: 121: Investing in Private Real Estate Funds, with MLG Capital’s Tim Wallen

Will Mitchell is a Canadian real estate investor and the author of The Investor's Guide to Belize Real Estate. His years of real estate experience in both Canada and Belize has allowed him the ability to identify value in growth markets and recognize opportunities others miss .

During this episode, Will share why you may want to invest in the Belizean real estate market. Learn how to how to buy real estate in Belize and what property taxes are like. Find out why Belize is the fastest growing country in the Caribbean from a tourism perspective and how it creates a favorable environment for investors, nomads, and retirees.

Links:

BelizeInvestmentGuide.com The Investors Guide to Belize Real Estate WillMitchellBelize.com

Where we are:

Sam Marks - Tampa, Florida Johnny FD - Kharkiv Ukraine Will Mitchell - Toronto, Canada

Discussed:

The Secret Coworker.com NomadSummit.com

Time Stamps:

01:36 - Should you travel to Belize? 07:10 - Focusing on the islands for tourism and baby boomers 08:04 - “100% of my focus from an investment standpoint is on the islands” - Will Mitchell 15:21 - The nomad and traveler scene in Belize 18:24 - The country's strong legal system and currency 20:55 - Island hopping and beach life at its best 23:07 - A day in the life of a Belize paradise 24:40 - The John McAfee story and island crime rate 32:45 - How to invest in the property market 38:08 - Beachfront condo starter costs 42:36 - “When you live in Belize you become 100x more popular” - Will Mitchell 43:22 - The AirBnB, rental market, and potential ROI 45:30 - “A standard return on the island would be around 15%” - Will Mitchell 48:26 - Tax % and breakdown 49:42 - “The lay of the land on property taxes is extremely favorable for investors” - Will Mitchell 49:57 - Monthly investor field trip & coworking in Belize 52:45 - Riding JET Powered Surfboards 55:30 - Communicating with others in different languages 01:03:23 - Invest Like a Boss Conference 01:07:53 - Should you invest in Belize?

If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!