Tuesday, October 21, 2014

Sunday, October 19, 2014

REIT portfolio update ...

Here is the latest update on the e-financial REIT portfolio: 

Best wishes, 


Saturday, October 11, 2014

How NOT to Overpay for Long-Term Care Insurance

Here is a good article by the American Association for Long-Term Care that gives you a tip on how to shop for a long-term care insurance policy. 

You can find more money-saving ideas in A Boomer’s Guide to Long-Term Care. Order your copy right here.

Best wishes,


Thursday, October 9, 2014

Study Shows Top Safe Havens for Rental Investing

A recent study by RealtyTrac claims that if you are considering becoming a landlord with single-family homes you should forget California.

Ohio, Oklahoma, Florida could offer much better investments.

RealtyTrac analyzed median sales prices and average fair market rents for three-bedroom properties in 586 U.S. counties.

Rental returns were calculated using annual gross rental yields: The average fair market rent of three-bedroom homes in each county, annualized, and divided by the median sales price of residential properties in the third quarter.

Markets with home prices that have shot up can be difficult to get enough rent to cover the mortgage. For instance, the study found that New York City and San Francisco have gross rental yields below 4%.

On the other hand, parts of Florida and Georgia where home prices are still recovering from the 2008-2009 crash have yields of 20% and higher.

As an investor in single-family homes in my area, I’ve never paid much attention to national or regional studies. That’s because in my experience each county has cities, and neighborhoods within those cities, that can hold great investments … regardless of what broad-based studies may show.

Furthermore, gross rental yields are only a starting point in your search for a rental property. They don’t mean squat if they’re getting eaten up by taxes, repairs, and deadbeat tenants.

You can find the complete RealtyTrac study here.  

Best wishes,


Tuesday, June 3, 2014

Ventas Expanding With $3.5 Billion Deal

I first wrote about Ventas, Inc. (VTR) back in December 2010. And I’ve been tracking it ever since.

Yesterday the company announced that it was buying ARC Healthcare for $3.5 billion. That’s a big number in anyone’s book as Ventas expands its ownership of medical offices and housing for the elderly.

You can read more about the acquisition right here.

Best wishes,


Thursday, May 15, 2014

What about my Medicare if I move overseas?

Back in 2009 I wrote about how affordable medical care is in Costa Rica. Thanks to Google, someone who is considering retiring overseas found that post. And she asked:

"My husband and I have visited several countries that have attracted retirees from the U.S. And we have it narrowed down to three, including Costa Rica. Health care is certainly a concern. Fortunately neither of us has any particular problems. We are over 65 and have Medicare Parts A, B, and D. My question is, what becomes of our Medicare coverage if we make this move?” Thanks, Melissa.

I did some digging, and replied to Melissa …

Medicare doesn’t pay for services you receive outside the U.S., Melissa. So it comes down to what to do with your current coverage.

Since Part A (hospitalization) doesn’t cost you anything, you might as well keep it.

You’re each paying about $105 (could be more depending on your income) a month for Part B, which is medical insurance covering outpatient services. You can drop that coverage and save some money. Just contact Medicare for instructions.

Part D is your prescription drug coverage, and you can cancel it by contacting the plan provider. Detailed instructions can be found here.

Now suppose you move to another country. But after a year or so you decide it’s not the paradise you had imagined, and you return to the U.S.

You still have Part A.

You’ll be able to re-enroll in Part B, but only from January 1–March 31, and you may have to pay higher premiums. 

Part D has the same window to re-enroll. But there shouldn’t be a penalty.

And one more thing, Melissa, if you are really serious about Costa Rica, I suggest you sign up for one of George Lundquist’s Retire in Costa Rica on Social Security tours. They’re well worth the money, and could save you a lot of grief down the road. Plus you’ll have a heck of a good time!

Hope that helps!