Some Useful Investment Tools That Cost Nothing
By Ronan McMahon
“Ronan, I’m looking for opportunities that throw off a strong rental yield. Different countries have different buying, selling, property and income taxes. How can I compare…?”
This is one of the questions I get asked most frequently when I meet Real Estate Trend Alert members in person. True, things can be confusing. But the answer is straight forward: You run the numbers.
Last year on one of our scouting trips to Fortaleza (having visited a project perfect for short-term rental) bedlam broke out on the bus. We were all trying to calculate a projected yield on the back of an envelope or in our heads. We could only settle the matter and analyze the scenarios by running the numbers.
A finance graduate, Ronan McMahon worked in the e-business consultancy and dot-com industries before joining International Living as Real Estate Marketing Director in January 2004. Ronan has been an active real estate investor since his early twenties and joining International Living gave him the opportunity to marry his personal and professional interests. Last year Ronan took up the position of Executive Director with Pathfinder. Pathfinder is International Living’s preferred Real Estate advertising partner. Pathfinder scours the globe to find the most unique and value-oriented real estate opportunities.