Mistakes to avoid when investing in real estate in Latin America
Investing in real estate may seem simple enough. Considered one of the most profitable businesses for investors, this market offers low risk and high rewards. Latin America is rich with opportunity right now. Relatively cheap land for properties and harvest and cattle breeding presents valuable opportunities. Investors should get involved in the market to receive higher margins. However, investing in a foreign country becomes very different and more complicated. Typically, laws, regulations, and rules about…
10 Terrible Mistakes many Real Estate investors make
Although this post is aimed at residential investors, it could apply to all real estate investors. Once the real estate market starts to recover, investing in property becomes an appealing option — either as a career or a great side job. Like any other endeavour, though, there’s a right way and a wrong way to go about it. Bankrate spoke with established, full-time real estate investors and with professionals, such as bankers, to identify the types of traps into which real estate investors most often fall.…
What are the cultural differences when looking to buy Real Estate in South America?
I was recently asked what did I consider the main differences when building a real estate business in New Zealand where I had come from against building one in South America. Moving from a country that has a very formal, highly trained and strictly controlled real estate industry to a region where still much of the business is still done in part by informal part-time salespeople or in some cases lawyers and property administrators who had little or no sales experience or training was always going to be a challenge.…
Buying real estate in Argentina which is in another crisis
The pandemic has further deepened Argentina’s already serious economic woes. A bad situation has become even worse. But is it a good country to invest in? It is likely the current government will lead Argentina into a serious default just as the same administration has done in the past. Printing pesos to pay off USD debt just causes inflation. Argentina today is not-so-quietly heading towards the famous fiscal cliff and a very hard landing. ‘Argentina looks absolutely miserable’. However, if you want…
