Quote from @Nicholas Dillon: Hey guys,I own 2 LTR properties, plus my primary home that I rent out half of the year while I live in Indonesia with my wife, who is Indonesian.  

Yet he has fewer votes than his counterparts in this thread.

Fraud is a universal concern, so it's essential to conduct thorough due diligence and work with reliable legal and financial advisors.Regarding Bali, it's true that foreigners cannot own land freehold due to Indonesian law.

Can someone from the group clarify if you can actually own the land besides marrying a Indonesian? 

Make more money, buy more buildings, and repeat.These folks have compounded their wealth significantly faster than their W2 counterparts since they don't lose 30-50% to taxes each year.

Imagine making millions of dollars throughout your career and then having to pay Uncle Sam 30-50% every year instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of the best ways to end up with a much larger net worth at the end of your career.

The syndicators then charge fees that are much higher than their institutional counterparts such as 5% acquisition fees, asset management fees, disposition fees, etc...).Are you able to draw any parallels between the mortgage brokers/banks of 2008, Juul, and elderly scammers to the syndicators?

The goal is not to hit a bullseye on the first try but instead to stand out as a worthy counterpart so that you have the upper hand amongst competing offers and other prospective buyers.- If a property owner has already received other offers, consider using an escalation clause.- If a property has already been on the market for longer than the average DOM, consider an offer that has terms/conditions favorable to the owner while maintaining a purchase price amount that is favorable to you.

He thinks about it day and night but dares not to actually take off knowing that the universe of things he does not know is vast and his failure while not certain is at least probable.The other castaway finds something that his counterpart didn't.

Could not agree more with my counterparts.