My new travel strategy, by Andy Lee Graham - I paid 882 YEARLY RENT for a 2 bedroom apartment, the first of 5 to be located strategically around planet.
Today is October 28, 2013, and tomorrow, October 29, I will take possessions of a two bedroom apartment in Kara, Togo, West Africa, one the best cities to live abroad in on planet Earth.
It will be luxury living, the best of the best. It will make me appear as a rich man in Kara, Togo. In many ways, I feel shame for living so well, sort of deserting my purist backpacker attitude and becoming civilized.
I have done the math over and over, and I believe it is cheaper to maintain five apartments around the planet than to live in backpacker hotels continuously. And the quality of my travel lifestyle should triple as the time adapting to new hotels is alleviated. I will still live 3-5 months of the year in strange hotels, but I will have five homes away from home.
I am totally addicted to the rush of entering a new country, city or culture and being lost, incapable of understanding the local language. This is my addiction: I enjoy not being in control of my world. Of course, I never was and never will be, but the illusion of having control is an ever present enemy of the human mind.
However, renting apartments overseas is like taking 1,000 USD and throwing it up into the air. I am fully aware that only by squatting, never leaving, can one expect an apartment or house to be there when one returns.
I can only hope this works. This is a gamble; I may lose 1,000 USD here and there when unscrupulous people steal my apartments from me while they are empty.
I have tenants who do have two or three apartments in Micronesia, Thailand, Philippines, and Japan. They come for 2 or 3 months at a time. it works for them to just rent for a year.
Math goes something like this...
Hotel stay: $4500/mo. for hotel room x 3 months... 13500...need to buy or rent stuff for the vacation home experience...
Yearly rental : unit for 250 to 600/mo.... Prepaid meter for electric ... Water sewer 10 a month... Stash sports equipment and home-away-from-home stuff during the year. At the low end, one is looking at under 3600/yr. always ready when you are. No hokey hotel, lodging taxes.
Several tenants used a unit as a storage locker (warehouse) , library/archive, place for their stuff. I had Five or six able-bodied seaman who paid cash upfront six months in advance sharing a love nest for two and half years!
As a landlord, I love it, and stay fully occupied.
I think the advantage, as one ages, one does not have to buy or lug things around the world paying airline baggage fees, creating huge pains in the...eh lower back..wallet.
As my Vladivostok ship captain tenant says, "I don't like worrying about having a hotel room for 90 days. I always end up having to run around finding the stuff I need for my fishing,golf, scuba, liquor,and such. When I come here, my place might be a bit musty for the first day, but I have all my things ready to use. The hotel room...the Hotel price for everything."
hi andy if you think the better place for your to stay for a long stay is the apartment house it good but becareful with your security.i myself for a place foreign i think it will be better to stay at hotel.but if you feel secure there then enjoy