NOMAD REACTS: Why I Buy Homes, Not Lease Them

“Talking about the point of mating, I’ll take the people in Belgrade, Serbia over the people in Beverly Hills, thank you.” 😂😂🤣🤣😂😂😂 🙏🏻👌🏻🤭🤭🤭

Renting is now getting ridiculous, with all the privacy invading questions, over the top background checks, and onerous terms.

The advantage to owning your home is you have privacy and can make any interior changes to the home that you want to make. Paint the walls orange if you want. Wall up a doorway, cut a new doorway somewhere else. Depending on local ordinances and possibly HOA rules, you can also make lots of changes to the exterior of the home and the landscaping if you like. Of have an addition built on. Or put in a swimming pool or a vegetable garden. You are your own landlord -- no one raises the rent or tells you the rental agreement will not be renewed or decides to barge in and "inspect" your living space. The main advantage to renting in a new location is this will give you time to become familiar with the new location/country, town/neighborhood before you commit to buying. Maybe you find out you are renting on the wrong side of the island, or in a noisy neighborhood or too far from shopping. Once you find the right location, only then buy a home there. And do not buy more house than you need. All those unused rooms are expensive to maintain, heat, cool and keep clean. The larger the roof, the more expensive it is to replace it. A large home costs more to rebuild than does a smaller home in the same location, so it will cost more to insure a larger home too.

I agree with Andrew. The same applies to me in my country. I own multiple homes in the same country, where I like to live at different times of the year, following the seasons. I don’t need to worry about travel arrangements—everything is already there, practical, and best of all, it’s my bed, my things, my comfort.

"They do have Piano in other countries just in case you were wondering" lol

O I’m the proud owner of a townhome in a little town in France. 🇫🇷 I paid all cash and avoided bank (except for my bank in the USA, for the withdrawal). I wanted a pied a terre to establish my home in a country I love. I still live primarily in the US, but I can stay for free whenever I go to Europe. I can rent it out commercially (or not), the investment easily counts toward an entrepreneurial visa if I do want to, and it’s an investment asset. Eventually I might move there permanently. Cheaper property taxes, cheaper cost of living, easy to lock up and leave. Great location with easy access to trains, planes and highways, and I can use it for myself, friends and family anytime! That guy in Andrew’s video is a dufus, typical nouveau-riche type. I wouldn’t take his advice in a million years. Stick with Andrew’s! 🎉❤😊 I hate California.

Please list your "so called homes" so we the people, can verify that you actually own these home's. If ya cant do that, it simply means smoke n mirrors BS lies. I don't believe you own shit, at most, maye some shoe box condo in SE Asia for $40 to $60k at the most. I ain't buying any of ur crap

In with Andrew's logic on this one. If you do have a place abroad, it allows for more flexibility. Also you can get more house for cheaper.

Mixed feelings about renting/owning having had a property portfolio previously but that was a business. Absolutely agree with having your own property in countries/areas you want to be in. Short term rentals up to a year maximum for me. Completely agree with keeping your mind as clear as possible especially as you get older. Quality people and quality relationships in cool areas far more important than a 100m home in a pretentious area. Put everything in various trusts and be the Trustee which allows you to control everything but not own anything. Far more empowering and relaxing.

Can you imagine that guy driving a tractor on his farm? That’s pretty funny.😂😂😂😂😂😂 Or milking a cow ha ha