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Investment Opportunities July 24, 2009

Posted by Jeff Nabers in : Money, Precious Metals, real estate, Self Directed IRA Solo 401k , add a comment

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When listening to feedback from Nabers Group clients, one message is loud and clear, “We want to see investment opportunities from you.”

I sent out a survey to all of my clients recently, and I’d love your input too. With my activities in many circles, I have access to mounds of solid investment opportunities. If you complete this survey it can help me understand what types of opportunities you are most interested in.

Click here to take the survey.

Real Estate in the Wild West March 27, 2008

Posted by Jeff Nabers in : Personal Enjoyment, Self Directed IRA Solo 401k , add a comment

“Buying foreign real estate is kind of like buying real estate in the Wild West. 150 years ago they probably didn’t have an MLS, local board of Realtors, or disclosure laws,” says foreign investment specialist Tom Phelan. I had the chance to catch up with him today and pick his brain.

As described by Phelan, the system of real estate ownership transfers outside of the US often differs drastically from what we are accustomed to. “The guy fixing your flat tire in Panama or someone in Italy selling you a bottle of wine is as apt to say that they have a cousin selling a piece of property [as any other person]“. Many countries do not require a license for one person to represent another in a real estate sales transaction for a commission. In some countries, mortgage financing is virtually nonexistent and title insurance may be unavailable. Because of these differences, Tom recommends that you always visit a foreign location before considering purchasing real estate there and also recommends not buying on the first trip.

Probably the most interesting topic of our conversation was the effect of the declining dollar on the prospect of Americans purchasing foreign property. “[Because of the declining US dollar] the window of opportunity is closing in some regions, but remains wide open in others”. One country that (more…)