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Buying overseas property Thinking of buying an overseas property and need advice, help or suggestions? Talk to other experienced property investors who have already invested in many overseas property markets.

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Where is it HOT right now! - Page 2

 
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  #11  
Old 14-04-2008, 05:10 PM
jvizman jvizman is offline
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Consesion is when the land is leased to you by the government for 100 years with an option to extend. but you NEVER own the land yourself!!!!
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  #12  
Old 14-04-2008, 07:43 PM
teepeeseller teepeeseller is offline
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Quote:
Originally Posted by Paul View Post
It's a difficult and contentious question. There are inevitably hotpots that come and go, but isn't your investment criteria just as important? What do you want out of it? Profit obviously, but a riskier large profit, or a more certain smaller one? How much work are you prepared to put in? How much travel, language barriers, mortgage options, rental management, etc etc. What I'm saying is that there are many more points to take into account than the straight profit margin...

From our point of view, we have had great sucess in Spain, Cyprus, Germany and the US and are currently particularly busy in the Caribbean (there's current examples on our website if you want a peek)

Down to earth, no hype, no bs, no blx, good post - not something I would have expected given what I have read in the papers and other information channels about Inside track in recent weeks.

A change in tack or are the people making these allegations all wrong?

Which is it?

Shame you ruined a helpful post with such a blatant plug and whilst it is very kind of you to offer me a peek I don't think I want to look at anything Inside track has to offer.

Please continue to post though as there are many who would like to hear what Inside Track has to say on a variety of subjects.

Glad to see you here.
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  #13  
Old 15-04-2008, 12:51 AM
opyguy opyguy is offline
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Default Brazil is my answer

If you are looking for a quick return on your real estate investiment I know places in Brazil.
loyalrealestateconsultants.blogspot
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  #14  
Old 15-04-2008, 05:06 AM
kildare kildare is offline
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I have heard that there are lots of great opportunities in Brazil right now. What can you tell us about title safety, real estate hotspots, potential returns etc... in Brazil?
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  #15  
Old 15-04-2008, 05:24 AM
Olly Olly is offline
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Quote:
Originally Posted by jvizman View Post
I live in Costa Rica! I am looking to invest abroad! i have taken about as much as i feel is good for me in one spot! i try not to put all my eggs in one basket! Anyone not invested here already should really take a strong look here first! But to what I need what is the HOTTEST place right now for investments in RE!
Hi

Presume you found Costa Rica hot for its land prices first, then made the decision to develop or not?

Along similar lines; working with a group of investors ready buying in Romania with 100% guaranteed return on land sale within 9 months. Minimum stake is GBP 100,000.

Also, circa GBP 77,500 land purchase with low-cost option to build 4 bed villa on each plot. Resale value GBP 500K+++.

If you're interested please write to me off board.

Olly
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  #16  
Old 15-04-2008, 10:14 AM
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Investy Investy is offline
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The point most agents on here keep missing is this;

I can put money in the Bank and get 5.5% yield, no worries, no fees, no selling costs, its liquid, no developer who might go bust.

So many of you say "x" is hot, for example Brazil or Romainia, but what does this really mean?
What if I want to sell my off plan property? THIS IS MUCH HARDER THAN YOU THINK FOLKS. The agent who sold you the property originally probably wont be able to re - sell it, afterall he will have moved onto another NEW development, which is HOT!


I've been at this for a while now. There is so much property out there all seeking the same dollars.

SO QUESTION ONE TO ALL THESE AGENTS:

1) Ask them - will it produce a net total return above 5.5% I could earn in the Bank AFTER ALL COSTS INCLUDING INTEREST LOST ON THE MONEY YOU PAY OVER TO THE PROPERTY, TAXES ETC

This means you need a gross return of about 10% pa to make it worthwhile.

I bet it wont..............

What happens when you die, how do your kids EASILY extract the money.


Back to Brazil, Romainia etc - next question;
2) When will the rent start and how many months per year will I get?

You will often find you end up with just a few months rent per year, which after your ongoing maintenance costs, lost interest and so on renders the investment pointless.


I recommend you buy now only where property prices have crashed. The US looks promising although getting the right investment, with no hassle and year round rent will still be hard work. The dollars low price also makes the US a prime candidate.
Forget the ****pits in declining industrial cities where no one wants to live though.

Id look for prime city real estate that has defined ongoing rental demand and no restrictions on renting the place out.

CAN ANYONE SUGGEST SOMETHING TO ME, I DONT KNOW WHICH CITY TO TARGET?
I want it on the Eastern side as flights not so long.

I want it cheap though, and will only consider places where prices can be proven to have fallen a good percentage.


A MUST FOR ME:
I will no longer consider a developer who wants me to part wioth cash up front. Why should I take the risk that he may default?
There are plenty of finished properties I can buy, so I will no longer bother with developers who want money up front.
__________________
Been investing abroad a few years. Always amazed people invest in places that produce just a few months rent per year
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  #17  
Old 15-04-2008, 05:49 PM
jvizman jvizman is offline
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Quote:
Originally Posted by Olly View Post
Hi

Presume you found Costa Rica hot for its land prices first, then made the decision to develop or not?

Along similar lines; working with a group of investors ready buying in Romania with 100% guaranteed return on land sale within 9 months. Minimum stake is GBP 100,000.

Also, circa GBP 77,500 land purchase with low-cost option to build 4 bed villa on each plot. Resale value GBP 500K+++.

If you're interested please write to me off board.

Olly
I get worried when i hear guaranteed! there is no guarantees in life and specially with properties! one land dump or rezoning and poof!!! there goes your profit and lands you smack dab in the red!!! so i really stay away from "100% guaranteed!!!"
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  #18  
Old 15-04-2008, 08:10 PM
Olly Olly is offline
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Quote:
Originally Posted by jvizman View Post
I get worried when i hear guaranteed! there is no guarantees in life and specially with properties! one land dump or rezoning and poof!!! there goes your profit and lands you smack dab in the red!!! so i really stay away from "100% guaranteed!!!"
Hello jvizman

LOL...you really ought to learn top contain your 'worries'...

No seriously; do you honestly think Donald Trump and other real estate leaders haven't found it possible to guarantee themselves 100% or even 1,000% or more?

The situation to which I refer is where the land is currently agro zoned but a lease-option was agreed prior to planning permission being granted. Now, the intended purchaser needs to raise the funds to complete the purchase having already secured a buyer (developer) and a price agreed.

The last time I did this with a group of investors we made in excess of 500% each but that was over a two and a half year period. This 100% will be between 7 & 9 months.

Trust this explains how the system works even if it's not for you, please do accept it is possible. Of course there are risks but I can assure you they are minimised to a very acceptable level and, besides, all the participants have completed this kind of project at least 3 times before. Some of us many more times than this.

Final prompt; suggest you seriously analyse this method whenver you can. Why? As an experienced real estate professional by training and qualification, similar systems to this will take over from the well-trodden path most of everyone complains about through the medium of e-blogs.

Wish you every success...

Olly
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  #19  
Old 16-04-2008, 04:21 PM
oregon woodsmoke oregon woodsmoke is offline
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If you are already living in Costa Rica, invest there. You know the area, so you should know where the best locationas are, and you are there yourself to watch over your investments.

[[[......do you honestly think Donald Trump and other real estate leaders haven't found it possible to guarantee themselves 100% or even 1,000% or more?......]]]]]

There is no difference at all between Donald Trump as an investor and any of us. The figures he works with are bigger, and he has more experience. However, he puts his money at risk just like we do. In fact, Trump has occassionally failed and made an error and lost millions.

There are very few secrets or tricks to real estate. If you are searching for the secret of riches that nobody knows except for the very rich, you are going to be searching for a very long time. There are very well studied laws of economics that determine how real estate is going to react, what is going to be a good investment, what will hold it's value, what will never pay it's own way. Anyone with an elementary education and a calculator can figure out whether or not a project is worth investing. And that is exactly what Trump does: he runs the figures, just like anyone else does.

There is nothing you can do in the field of investing that does not involve some risk. The safer the investment, the lower the rewards. The more risk, the higher the potential of the rewards (but no guarantees.)

If you want safe, put your money in a passbook savings account in the USA. It's guaranteed by the federal government. You can't lose. The only problem with such safety is the interest paid is currently less than 1%. No risk at all, very little gain.
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  #20  
Old 20-04-2008, 05:00 PM
jvizman jvizman is offline
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i am just starting my life as a RE agent. that i why i am here to learn all i can from people with more expierence than i ! but, i do know this! that when people tell that there is a investment that has the potential to return you x amount with little to no risk. i look deeper then wiegh the risks for me! "what and how would this affect me finacially if this went wrong" this is how i invest be it stocks, commodities, or properties! we are financially secure. i am basiaclly doing this because i love working with people. not because i have to work to pay bills! this is a great job that leaves me feeling good when i help someone find thier dream property. where else can you do that and still get a nice check to boot! it has great hours and i am happy all the time now.but as far as investments go i KNOW that saying as close to guarantee as it gets or straight out just saying guarantee scares me into looking closer! if i have done my due diligence and i feel comfortable then yes i have taken the plung and made some great returns! but i have also held back because it felt to good to be true and lost a possible winfall. all in all i have saved more money than i would have ever made. but looking back as i have before writting this i see that my father's advice was right on the money! he told as a young man god gave you instincts so use them. do not let someone talk you into something that you are not 100% behind on your own. it is not your money it belongs to your family. if you can justify the risk to reward them it is ok to take on some high risk. but it must always be the smallest part of your portfolio to be financially stable and indipendent! these are just my views that work very well for me! in know other people who are great risk takers and have done so with great success! i say good for you ! if i can learn anything from you please show me! i know that no one has cornered the market on good ideas! so any tips help or commits let me know ! i will gladly take a look at everything that i can be cause i want to keep learnig till the day i die!

Last edited by jvizman : 20-04-2008 at 05:03 PM.
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