WE OWN three homes. One is the Hacienda where we live. Another is the Downtown Casita* where nobody lives. The third is the condo in Mexico City where nobody lives either.
All are stylishly furnished.
If we had to pay Gringo-level property taxes on those babies, we’d dump them fast as a flash.
My second ex-wife still lives in the Ranch-style home we purchased in 1986 in Houston for about $65,000. It’s valued far more now, and she pays way more in property tax than we pay for our three Mexican addresses combined.
We’re likely going to add a fourth address to our real estate empire. It’s a new development of just 11 off-street lots downtown here in a fantastic location.
And all utilities are ready to go, buried underground.
It’s just the lot. We’re not going to build a house, so it will be an investment, nothing more. And with the peso-dollar exchange rate what it is, the price is stupendo!
More on this later, I suppose.
* * * *
* Available to vacationers for a quite reasonable price!
(Note: Actually, we will own five properties if you believe our electricity provider which lists my wife’s pastry kitchen as a commercial storefront, a separate account. Its bimonthly bill is usually a bit higher than the entire Hacienda bill.)