Passions Possible | Living & Investing in Europe(@PassionsPossibl) 's Twitter Profileg
Passions Possible | Living & Investing in Europe

@PassionsPossibl

Insights on living in Southern, Central & Eastern Europe from a Multicultural family. International Real Estate, Investing, Global Mobility & Expat life tips💡

ID:1668912793846685699

calendar_today14-06-2023 09:27:00

972 Tweets

654 Followers

106 Following

Passions Possible | Living & Investing in Europe(@PassionsPossibl) 's Twitter Profile Photo

Owning your own business will give you freedom, but you must hire people smarter than yourself

Buy OPT (other people's time)

Do not become an 'irreplaceable' worker

Build your business around systems & processes

& outsource to teams that run the day to day stuff without you.

account_circle
Passions Possible | Living & Investing in Europe(@PassionsPossibl) 's Twitter Profile Photo

In life and in investing..

Take time off to regularly acknowledge, appreciate and celebrate your wins

It'll put you in a state of appreciation that will take you through losses that will also inevitably come in the journey

It's a lot about perspective and preparation.

account_circle
Passions Possible | Living & Investing in Europe(@PassionsPossibl) 's Twitter Profile Photo

The Kotor carnival.. Getting ready for summer🌞🏖️

Right outside Old Town (Stari Grad) Kotor

The single best location 📍in 🇲🇪 for absolutely limited supply, unique properties inside a UNESCO protected world Heritage Site

It's also the center of tourism & culture

account_circle
Passions Possible | Living & Investing in Europe(@PassionsPossibl) 's Twitter Profile Photo

For capital appreciation and cash flow..

Invest in cities and locations with an active knowledge based economy

A growing tech scene will usually attract increasing housing demand and a desire for leisure activities & getaways

You can cater to both with your unique property.

account_circle
Passions Possible | Living & Investing in Europe(@PassionsPossibl) 's Twitter Profile Photo

2.2 EUR Cappuccino

10-13 EUR Pizzas

Right outside Old Town Kotor 🇲🇪

Nice cafe with mountain & sea views

Cheap or expensive?

A cappuccino in Dubrovnik cost us 3-5 EUR

Relative to Dubrovnik still very inexpensive

Same with real estate per sq meter prices

2.2 EUR Cappuccino 10-13 EUR Pizzas Right outside Old Town Kotor #Montenegro🇲🇪 Nice cafe with mountain & sea views Cheap or expensive? A cappuccino in Dubrovnik cost us 3-5 EUR Relative to Dubrovnik #Croatia still very inexpensive Same with real estate per sq meter prices
account_circle
Passions Possible | Living & Investing in Europe(@PassionsPossibl) 's Twitter Profile Photo

We invest in unique cash flow generating properties, and other limited supply assets to..

1) convert as much active income to passive income as possible

2) beat inflation

3) hold hard assets that appreciate in value over time

4) currently fund our lifestyle from the cashflow

account_circle
Passions Possible | Living & Investing in Europe(@PassionsPossibl) 's Twitter Profile Photo

1 bedroom apartment in Old Town Kotor

Getting fully renovated & ready to Airbnb in the summer🌞🏖️

Super important to work with reliable renovation teams

1.Ask to show previous projects & always check references

2.Get at least 3 quotes

3. Pay in installments only

account_circle
Passions Possible | Living & Investing in Europe(@PassionsPossibl) 's Twitter Profile Photo

Montenegrins are tall people

Apparently the tallest in the world along with the Dutch

Serbs are pretty much as tall too..It's obvious walking around

they've got great basketball teams for a tiny population

And the Balkans is great for outdoor activities & to beat inflation😅

account_circle
Passions Possible | Living & Investing in Europe(@PassionsPossibl) 's Twitter Profile Photo

Before pursuing wealth it's really important to define wealth for yourself

How do you define wealth?

For us, wealth is first being free to do what we want, when we want & where we want.

Limited supply assets, cash flow properties, equities etc enable & facilitate our freedom

account_circle
Passions Possible | Living & Investing in Europe(@PassionsPossibl) 's Twitter Profile Photo

2.2 EUR Cappuccino

10-13 EUR Pizzas

Right outside Old Town Kotor 🇲🇪

Nice cafe with mountain & sea views

Cheap or expensive?

A cappuccino in Dubrovnik cost us 3-5 EUR

Relative to Dubrovnik still very inexpensive

Same with real estate per sq meter prices

2.2 EUR Cappuccino 10-13 EUR Pizzas Right outside Old Town Kotor #Montenegro🇲🇪 Nice cafe with mountain & sea views Cheap or expensive? A cappuccino in Dubrovnik cost us 3-5 EUR Relative to Dubrovnik #Croatia still very inexpensive Same with real estate per sq meter prices
account_circle
Passions Possible | Living & Investing in Europe(@PassionsPossibl) 's Twitter Profile Photo

The Kotor carnival.. Getting ready for summer🌞🏖️

Right outside Old Town (Stari Grad) Kotor

The single best location 📍in 🇲🇪 for absolutely limited supply, unique properties inside a UNESCO protected world Heritage Site

It's also the center of tourism & culture

account_circle
Passions Possible | Living & Investing in Europe(@PassionsPossibl) 's Twitter Profile Photo

Owning your own business will give you freedom, but you must hire people smarter than yourself

Buy OPT (other people's time)

Do not become an 'irreplaceable' worker

Build your business around systems & processes

& outsource to teams that run the day to day stuff without you.

account_circle
Passions Possible | Living & Investing in Europe(@PassionsPossibl) 's Twitter Profile Photo

We invest in unique cash flow generating properties, and other limited supply assets to..

1) convert as much active income to passive income as possible

2) beat inflation

3) hold hard assets that appreciate in value over time

4) currently fund our lifestyle from the cashflow

account_circle
Passions Possible | Living & Investing in Europe(@PassionsPossibl) 's Twitter Profile Photo

1 bedroom apartment in Old Town Kotor

Getting fully renovated & ready to Airbnb in the summer🌞🏖️

Super important to work with reliable renovation teams

1.Ask to show previous projects & always check references

2.Get at least 3 quotes

3. Pay in installments only

account_circle
Passions Possible | Living & Investing in Europe(@PassionsPossibl) 's Twitter Profile Photo

You owe it to yourself (unless you're a plant) to access & benefit from the best this planet has to offer

No single geographic location on earth🌎 has the best of everything

But when you pick & choose, the world truly has some incredible lifestyle & investing choices to offer.

You owe it to yourself (unless you're a plant) to access & benefit from the best this planet has to offer No single geographic location on earth🌎 has the best of everything But when you pick & choose, the world truly has some incredible lifestyle & investing choices to offer.
account_circle
Passions Possible | Living & Investing in Europe(@PassionsPossibl) 's Twitter Profile Photo

How much you value something is directly proportional to the effort you put to acquire it

& not always related to its true market value

If something comes free you attach less value to it

This is also true of a lifestyle, property investment & even a residence or citizenship.

account_circle
Passions Possible | Living & Investing in Europe(@PassionsPossibl) 's Twitter Profile Photo

Will 🇲🇪 join the European Union🇪🇺 and if so, when?

Based on publicly available, and on the ground info, yes.

Timeline depends on fulfilling pending EU requirements. Likely anytime between 2025 and 2030.

Current geopolitical situation could speed it up. The vast…

account_circle
Passions Possible | Living & Investing in Europe(@PassionsPossibl) 's Twitter Profile Photo

Location independence is a true superpower

You get to pick & choose from the best the world has to offer

And if you don't like where you are you can easily move to another place

When you separate your Income Streams from your Location

Your options explode

account_circle
Passions Possible | Living & Investing in Europe(@PassionsPossibl) 's Twitter Profile Photo

How much you value something is directly proportional to the effort you put to acquire it

& not always related to its true market value

If something comes free you attach less value to it

This is also true of a lifestyle, property investment & even a residence or citizenship.

account_circle