How feasible is it for someone making $60,000 a year to travel around the world indefinitely by renting out monthly AirBnBs?
I'm assuming I wouldn't have a place to maintain back in the States.
I've looked around on the site, and there seem to be a lot of comfortable looking places avaiible for cheaper than the place I'm staying in right now. It would be wonderful to spend a month in a foreign city and the move to someplace completely different no string attached.
It seems possible, but I'd like to know if anyone else has any experience with this.
>Smart enough to earn $60K/year remotely, not smart enough to look for short-term apartments and leases on Facebook groups
probably should have clarified that that 60k is cashflow from investments, so I'm not working for it. Don't think that changes much tho.
Could you share some more info on those Facebook groups? I haven't used the site since 2011.
first thing I'd do is talk to a tax lawyer about your plans. if you aren't living in a place that has state income tax, you'd need to establish that before leaving. Texas and South Dakota make it pretty easy.
Second, the best way to figure this out is to AirBnB for a few weeks or a single month (just for the monthly discount) and then ask the locals about apartment rentals. might catch a lot of hateful (you)'s for saying this but the digital nomad and country specific subreddits have good info for short term rentals, i found some really swanky, fully furnished, short term rentals in Japan that way that were dirt cheap compared to what i'd be paying in the states.
Extremely. I did it on 42k. If you’re planning on jumping around every 3 months on tourist visas choose your region wisely. The most expensive part is relocating and getting settled but, at the end of the day you’ll still spend less than you would in a US city.
I recommend Latin America.
I plan to start in SEA but I'd like to bounce around regions from time to time. Obviously not every month since that would get expensive.
one thing i'm concerned about is whether or not i'll be stopped at immigration for not having a flight out of the country planned then and there.
It's never happened to me, but I hear it is something that can happen. I'd rather than have to plan my next destination in advance if I could help it. Want to be as non-committed as possible.
How y'all making so much money?
>a lot of money
lol, that's barely enough for a 1br apartment in non shitty flyover states. This way is cheaper than living in any proper city of the USA.
Two jobs. One pays the debts, the other is for frivolous shit cause I get bored easy.
i doubt you make this much because if that's true you won't have any problem finding nice airbnb room under 1500/month
i legit don't know what u mean by this. AirBnB doesn't ask you how much you make when searching.
what are you looking for? in which country?
Starting in SEA, but really I want to make it a lifetyle of going around the world wherever I want and staying in AirBNBs for months-long stays.
you could afford decent hotel room under $500 a month in Bali. Airbnb is all about negotiating
How do you get out of jury duty if you plan on traveling around the world for the rest of your life?
I’ve been making six figures online since 2015. I immediately started living abroad. I still am, but honestly, I miss the US, and I’m moving back. I cannot fucking stand traveling, especially flying, it’s awful. I miss having my own house and land. I miss family, being part of a community. I miss having friends that I can actually speak with on a deep level. I miss being able to buy quality goods for the cheapest price possible. Or stores that always have whatever you want in stock. Appliances that don’t break 2 weeks after you buy them. And cost 2x as it would in the west. I miss unclogged roads where you can just go for a chill drive without having deal with cars everywhere around you. Or worry about getting into a fender bender and being extorted by one of the locals for a lot of cash. Or getting injured and going to a hospital that may very well have doctors resembling Dr. Nick from the Simpsons. You can’t even buy a house outside of the US / nicer non corrupt European countries without taking on massive risk. To say nothing of the increased tax headaches.
All of these things you will have to deal with as a foreigner / digital nomad. At this point, I just don’t feel it’s worth it.
this is something you have to get tired of on your own.
Also, why tf were u buying appliances as a digital nomad?
Good to know. As someone who is considering becoming an expat for tax reasons I plan on mostly traveling with no career and if i do settle down somewhere it won't be for longer than six months. But I couldn't imagine not visiting family in my home country at least once a year. Props to you for doing that for so long.
The real protip for 3rd world countries is just find a place you like on airbnb and approach the owner directly offering to pay cash for half of what airbnb charges.
like, actually cash?
Yes, sometimes even USD.
Yes, frequently USD. Clean, crisp hundred dollar bills are very well liked in places that have an inflationary local currency.