Key To Early Retirement In Ecuador: 1st Attempt Passive Income

My mom worked for 30 years in the USA as a school teacher, and retired with a few hundred thousand in savings, 2 properties, 1 mortgage, and a $3,000/month pension.

Obviously, I’m not going that route.

But I feel the key to an early retirement is a passive income of at least $3000 a month without it depending on the highly volatile world markets (stocks, bonds, metals).

So this year I’m focused on just that, creating an income of at least $3000 a month passive income (meaning you get it and don’t have to do much of anything)… here in Ecuador.

And I’ll keep you updated on all the wins and losses.

Most entrepreneurs and independently employed lean on rental properties for that income.  I don’t think that is the way to go here in Ecuador because rents are low and tenant laws problematic.

So my focus is going to be primarily on retirement homes, agriculture and Ecuador web-based businesses.

This week I launched my first try at it.  A website for folks who want to rent cars in Quito, Ecuador.

If you love your car, you will care how clean your car is. Cleaning the outside of your car is easy business, you can just do it in one flash or can you not? However, the interior is troublesome, and most people tend to feel lousy when it comes to doing the job. Yet the truth is cleaning car interior is one of the best way to keep the car in fantastic condition. Click here if you want to know more about the Carpet Cleaning San Jose.

Carpets will be one of the most expensive items to purchase when furnishing your home, business or office. So naturally you will have to preserve the quality of your carpets to ensure their life expectancy. Carpets act as the first defence against dust, grit and soil and while vacuuming on a regular basis will alleviate some of these problems. There is no substitute for professional cleaning, which will remove the deeper soils and maintain the freshness of your carpet. By having your carpets cleaned professionally you will ensure a far greater level of hygiene than normal vacuuming. Carpets naturally soak up airborne dust allergies, which settle deep among the fibres of the carpet but these allergies can be easily prevented with professional cleaning. Having your carpets cleaned by professionals will extend their life expectancy and ensure they retain their freshness. By not cleaning properly you will reduce their life expectancy and risk having to replace them with new carpets in the future. There are many options for Carpet Cleaning Fort Myers but we guarantee that Zerorez® is the best that you will come by. Don’t believe us? Look for yourself, we have a 5-Star rating on Google! With our special Powered Water®, zr process™, and the ambition that we have for carpet cleaning, we are positive we are the best around. But don’t take our word for it, ask around! Our zero residue™ cleaning process is guaranteed and has customers everywhere satisfied with the final outcome. With the outstanding reviews and rewards we have received, we hope it is clear that we love what we do and want you to love it too!

Carpet manufacturers design their products to disguise dirt and what might appear to be a clean carpet will often be laden with dirt. Sand and grit can cause considerable damage to your carpet if they are left unattended. By hiring professional cleaners you can ensure the invisible deeper soils are thoroughly removed and disposed of safely. The benefits of having your carpets professionally cleaned is to ensure your investment appears as fresh and bright as when you first laid them. Steam cleaning is highly recommended by cleaning industry because it will provide your carpet with a much deeper clean. Regular vacuuming might work on the surface but only steam cleaning can remove the deepest dirt from the carpet. Steam cleaning is far superior to shampoo cleaning because the process ensures there is no chemical residue left behind. Professional cleaners are also able to help assess your carpet and take proper care of your investment. Another welcome aspect of steam cleaning is that any undesirable stains will be removed and are less likely to remain as a dirty residue. The removal of sticky residues is very important because otherwise they attract dust that will give your carpet an unattractive appearanceCleaning the interior of a car cannot be done in a flash, it is not a matter of sponge bathing the seats, the dashboard, and the car carpets, and then that is it. No, you have to do what is known as detailing the interior of your car.

The auto clean freak provide best way to clean interior of cars in step by step. Drymaster carpet cleaning Gold Coast is pleased to announce a new Spot dyeing and colour repair service for permanent stains. When a stain becomes permanent it is time to move to the next step – Spot dyeing and colour repair. This is a process that is beyond cleaning for the repair of permanent stains. Bleaching agents, pet urine, medications, acne treatments and some cleaning products can alter the chemical
composition of fibres permanently removing the colour out of carpets.  If your carpet has been damaged by pet urine, bleach, curry, or other forms of permanent carpet stain, we can restore the area using an effective spot dyeing technique specialists in carpet cleaning Gold Coast. Even if you have areas that have been faded by sunlight, flooding (water damage) or other forms of discolouration, we can match your carpet colour for you.

 

Detailing your car interior is therefore the first step in cleaning car interior effectively. To clean the car you will need a vacuum that will blast off the inevitable dust that is clogged in the seats, on the dashboard, in the boot, on the floor of the car and on every seam that may harbor dust particles in your car. It is prudent to use a plastic vacuum device as opposed to the metal type in order to keep the fabric in your car from tearing and scratching. Vacuums for the car are a must have, for cleaning car interior. These are not bulky equipment and they use very little power. If you have been keeping your car relatively clean then the vacuuming process should take 20-minute tops. What else is mandatory for cleaning car interior is taking care of the dashboard and the console. These parts of your car are highly susceptible to damage from the heat a may because cracking and the ugly fading that comes with an overheated console. Therefore, these need to be treated using UV sunscreen and such like chemicals that protect the rear and the front glasses from the sun’s rays. You can use a device to apply the sunscreen evenly or you can just use a rug.

Perhaps the most time consuming activity during cleaning car interior is watching the carpets. These have arguably the most dirt and will require almost 2 hours cleaning time to get rid of the dirt completely. This process involves using a vacuum first to blow of the dust thus making your scrubbing job much easier. You will also need car shampoos and detergents to take clean the mats entirely. Drying off the car mats can be done by the use of a dry-wet vacuum or a heavy towel and you are done with the mats. These are the most important areas to factor in when cleaning car interior. Other nooks and cronies are the window frames, panels, and plastic or vinyl coverings that are around the car. These need to be wiping using wet rags to too. Nevertheless, it is important to ensure that the chemicals you use for cleaning the car interior are not corrosive and will not affect the vinyl or plastic covering as well as the other fabrics in your car.

The premise: Rent a cars at the airport are PRICEY, yet the little domestic rent a car places in the city are much cheaper.  So I made a deal with one in the city to deliver and retrieve their cars from the airport here in Quito and I’d make 12% commission on sales I made.  Essentially the idea is to bring the city prices here to the airport  area.  For instance, in the city, the economy cars you can get for $23 a day plus 12% tax (with 60 km).  Same car is about double that in the airport.

The costs: Domain name ($15/yr) built website myself in wordpress (free), signed up for a gmail account and a live chat account (not yet implemented in site) $15/month. That’s it.

The strategy: Once deal was made and site launched I found a bilingual Ecuadorian friend of mine who wants to make extra money who answers the emails and the calls and handles the bookings. The clients deposit to my account, then I split the commissions with him.

Our clients: Mainly Ecuadorians so we don’t have an instant book now feature, most Ecuadorians prefer to email, call, call again and then deposit in bank account to confirm booking.

The sales: In our first week we’ve sold for commissions of $3.60, $22, $20, $32.  Total $77.60.  Not bad for the first week, we’ll see from here how it goes.

One thing I’ve never seen many web gurus talk about are the incredible online opportunities there are in developing countries selling in the local language to locals.  There simply isn’t much decent competition so it is possible to make an impact quickly.

For more updates on everything Ecuador investing and living related from the ground, please sign up for my Ecuador Insiders newsletter, revealing everything you need to know BEFORE you invest in Ecuador. Unsubscribe at any time:

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The #1 Way Foreigners Overspend When Building A Home

A lot of foreigners will agree to one price per square meter on a new home build.

Start to finish. Turnkey.

And they overpay, usually in the six figures.

Instead…

Hire just for the great job first, the guttering system on each property is a crucial part of the protection needed against the elements, in this case, water from rainfall and melted snowfall. The gutters collect any water that falls on the property and then channels it away from areas that it could cause damage to, such as the walls and foundations. Should the gutters fail in this task, then it can lead to extensive damage and more serious repairs. All of which will cost far more than hiring guttering Manchester for cleaning and repairs.

In the grey job is usually included the foundation, the columns, roof and walls. Of course all left in grey, and of course considering the walls are cement block  and the roof is the typical walk-able cement “losa”, and also the use of cleaning services could really help when building houses.In case of roofing services you should approch to trusted roofers company.

When finished then tell the builders “chao”. And proceed to find specialists for the other jobs regarding the house job by job.

For instance, for a 3 bedroom, 2 bath house I’ve seen you can get the grey job done hiring this way for under $10k (just the labor fee, materials not included). Also if you want to improve your roof, you visit the website to get affordable services from a roofing contractor which could do a great work for this purpose.

And be sure to pay for the job, not weekly. They will work lightning fast that way. Check out Olympia Lighting for Pressure Sodium Lamps For Solar LED Street Lighting.

Do you have a patio in your yard?

Is it difficult to enjoy the outdoor atmosphere of your patio without sitting in scorching heat?

Maybe you want to sit outside during a light drizzle or play a game of cards without the sun burning a hole through your game.

A deck is great for bringing together family and friends for special events and parties, but weather can get in the way of having a good time. Hire this london tradesmen to get some extra help building your project.

A patio cover solves this problem by providing shade from the sun and cover from precipitation.

Consider investing in a high-quality patio cover to compliment your already existent patio. Or include a cover on your current or upcoming patio building project.

Why is a patio cover so important?

Yearlong Use

A patio cover allows homeowners the opportunity to shade themselves when the sun is beating down in their yard. It is frustrating during a beautiful day when you can’t go outside because the sun is a little too hot. A patio cover shades people from this scorching sun and prevents problems such as sunburn and overheating.

Many people also like to watch the rain. What better way to enjoy seasonal weather by sitting in the middle of it? A patio cover enables people to walk outside during a storm and enjoy the tranquil sounds of rainfall.

Parties

Parties are one of the main reasons getting a patio cover is a good idea. Parties are often held when the weather is hot. The patio cover not only protects people from the sun, but food and drinks as well. Keep your beverages and party foods cool with the help of a large patio cover. It also helps to keep chairs and tables cool for people to sit on.

Quality and Look

The quality of your backyard and overall look of your property is important for various reasons. A patio cover increases the financial value of your house, making it more desirable for potential buyers down the road. It also increases the quality of your neighborhood by providing a place for people to come over and hang out.

Expat Fire Sales: Where To Buy Your Furniture At The Lowest Prices In Ecuador

“Wow, nice commercial fridge,” I told my friend while visiting him on the beach.

“And that’s a new table too.” I added.

“Yea, there was this expat couple that moved back to Alaska. Sold everything quick, got everything for less than half price, they had just furnished the place with all new things months ago from bobmillsfurniture.com.” My friend replied.

I see this a lot.

Folks move here, invest heavily in furniture orange county and even real estate, and within weeks or a few months they’re packing up and moving out.

And selling their stuff at a deep discount.

You know, Ecuador, and Latin America in general, isn’t for everybody.

But it’s an expat fire sale, and its a great way for the rest of us to buy our furniture or a patio chat set at often less than half of what the items cost new.

They told me, they bought the sauder furniture from the best furniture companies in the US. They have high-quality wood furniture and specialization in chairs for the kids.

So how do you hear about the expat furniture fire sales  in the frequently asked questions newsletter ?

Just keep your ear to the ground, a wife always complaining? Maybe a husband? They could be gone soon. These are the best cause you are the first one to hear about it.

Other ways to hear about these are by signing up for the Ecuador expat nationwide newsletter gringopost.com and by checking your local regional paper. Visit Gotta Sleep to learn more about bed sizes and dimensions in canada that are comfortable just for you.

For instance, in Quito check the EL COMERCIO classifieds on a Sunday in the OPORTUNIDADES (green) section for MUEBLES (furniture), LINEA BLANCA (appliances). A lot of people both Ecuadorians and expats moving abroad post that they are selling their household goods discounted here, you can even find RV Mattress on sale.

Must sell quick!

For kitchen equipment try the NEGOCIOS section where many a restaurant that has gone under is selling off their kitchen equipment. Need a nice industrial stove, freezer or whatever? This is the place to look. Of course this last option would require a bit of Spanish.

There you have it, now you know how to buy some amazing luxury furniture and if you want to get more tips when buying your furniture pieces, make sure to join here!

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How To Get Free Medical Attention Through The IESS In Ecuador

OK, so the medical services are not exactly free because you’re paying a monthly premium of around $70 or so.

The IESS is the government managed form of Social Security/medical care in Ecuador. All legal residents and citizens of Ecuador can sign up through www.application-filing-service.com/ regardless of their age. There are no deductibles you need to pay when treated. All medical services are covered (except some medications you may need to pay out of pocket).

You can also affiliate your spouse for a bit less than half the premium you’re paying.

So how do you get service?

Easy.

After at least three months of being affiliated, you call a number in Ecuador 1-800-1000-000 ext 140 to ask for a “cita” appointment and they will tell you a date and medical center location for the appointment (usually within 2 weeks). Spanish only. The mеdісаl lіеn іѕ a lеgаl ѕесurіtу provided tо a medical рrоvіdеr whеn a patient lаtеr becomes a plaintiff іn a lеgаl саѕе. In ѕuсh a ѕіtuаtіоn іf settlement occurs, medical providers аrе compensated аѕ thе аttоrnеу оf record соmреnѕаtеѕ the provider out of thе insurance соllесtіоn рrосееdѕ. Hоwеvеr, аѕ financially sound аѕ a mеdісаl lіеn appears tо bе, in a rеаl wоrld аррlісаtіоn, untold lоѕѕеѕ оссur each уеаr from thе use оf the mеdісаl lіеn. You can use this website for more detail.

They will book you in with a general doctor first to help diagnose you. Then based on that appointment they will re-book you another appointment for a later date with a specialist or for further testing. This is how they work.

And for emergencies?

For emergencies NOT EVERYWHERE will accept IESS patients so you have to go to a specific IESS hospital in the big cities of Ecuador for free emergency assistance, if you go elsewhere they won’t pay it. Every medium to larger city in Ecuador has an IESS center of medical attention which just added new aed equipment.

That’s it, that’s all you really need to know.

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How to get water to your crops in Ecuador

Many agricultural lots in Ecuador, like mine, get their water from a "sei-key-ya" which are tiny canals that have been spliced off a nearby river.  

But to actually get the water to your lot you have to go point by point down the sei-key-ya and redirect the water so it reaches your lot.  

The annual fee to participate is minimal, like $20 a year, but you are required to participate in "mingas" which are "clean-ups" of the mini-canals.  

Most folks then have resevoirs they fill then water their crops at their leisure.  

You then have to close the "sei-key-ya" to your lot and let it flow through or you could flood your lot, like I already did once cause I forgot to close the sei-key-ya once my resevoir was full.  
 

Sound complicated?  It´s not.  

A pain, yes, a little bit.  Glad I just leased the lot I´m farming until I learned this, much better to have your own direct water source like an on-site river or lake.  

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