Sell Some assets and Invest in Property in the USA to Create US Income for Snowbirds and Traveling for Financial Independence (Retirement)

The investors that are doing this are looking to stay in a particular area of the USA as a snowbird. They have sold some of their assets in Canada and purchased unleveraged assets in the USA to create a cash flow in US dollars.

These investors are not purchasing a second home for themselves.  The intention is to use the US dollars from cash flow to pay for accommodations while in that same area of the USA. They can move around to different locations in the USA if they choose to as well.

The properties that they have in the US are managed by a property management company and are not managed by them while in the USA. They do travel to that area from time to time in order to visit their properties and evaluate the management and consider future purchases.

As an important side note, whenever you are purchasing in another country it is important that you speak to a crossborder accountant and lawyer in order to make sure that you set yourself up appropriately. You are always at risk of double taxation in Canada and the USA, as well as losing assets through litigation.

These are the eleven ways that I have seen real estate entrepreneurs use their properties to retire:

Using Real Estate for Financial Independence (Retirement) <–start here

Cash Flow from your Property Portfolio for Financial Independence (Retirement)

Sell Some Assets and Pay Off the Rest for Financial Independence (Retirement)

Sell Some Assets and Private Lend the Money for Financial Independence (Retirement)

VTB Mortgages on Apartment Buildings then Private Mortgages for Financial Independence (Retirement)

Sell All Assets and Invest in Lower Return Investments for Financial Independence (Retirement)

Have a Trophy Asset/s and Sell Off Other Assets for Financial Independence (Retirement)

Refinance Assets Annually from your Property Portfolio for Financial Independence (Retirement)

Invest in Other People’s Deals for Growth for Financial Independence (Retirement)

Sell Some Assets and Invest in Property in the USA to Create US Income for Snowbirds and Traveling for Financial Independence (Retirement) <– you are here

De-accumulation of Assets Over Time for Financial Independence (Retirement)

Convert Real Estate Portfolio Into a REIT or Fund for Inter-generational Wealth and for Financial Independence (Retirement)