Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.
Click Here to Listen Click arrow button to listen [34 min - 31 mb]
This interview was really exciting for me because I’m looking to create a mobile lifestyle. No, I’m not ready to sell all my belongings and wander around like David Carradine in the television show called Kung Fu.
My wife and I decided that we want more than one residence. We want a place in the Southwest (got it–Phoenix, Arizona), a place in the Midwest (maybe Chicago or Indianapolis), and a nice international spot (still looking).
A few months ago, I took out a map and a dart. The dart landed on Costa Rica.
Where in the World Is Costa Rica?
Costa Rica is south of Mexico and north of Brazil, right next to Panama.
[mappress]
Former Real Estate Appraiser Becomes International Real Estate Guru
To find someone knowledge about buying property in Costa Rica, I searched for experts and found Michael Starkey. He was owned and managed over 100 income properties in South Florida, but unlike most, in 2005 he liquidated his portfolio.
From his research and due diligence in Michael Starkey felt that the United States real estate market would drop significantly and would not come back for years to come.
Now he focuses on international real estate, investing in non-G7 tied countries, Blue Zone areas, and using self-directed IRA to fund investment deals.
Conversation with Michael Starkey – KJAM Radio Show Notes:
- Background of How He get Into International Real Estate
- What Are the 3 Biggest Mistakes People Make in International Real Estate
- What is So Special About Costa Rica & It’s Real Estate Opportunities
- What type of legal hoops do people have to go through to buy in Costa Rica?
- What are 3 Important Questions Investors Must Have Answered Before They buy real estate in Costa Rica?
Click Here to listen to the show. Click arrow button to listen to show!
