How to invest long distance in the Dominican Republic:

[Junior Jaquet Hernandez]

As Brandon Turner says in the bigger pocket YouTube channel the long-distance investment is not as hard as you think the question is how to invest in real estate long distance when you live overseas.

Let's make it simple. How to invest in real estate for example when you live overseas, or if you are in the military, if you work in a tourism area and you travel a lot.

How can you do it? How can you afford it? those are the common questions that people in this situation have on their minds so the process has to be the following:

1- Get some education about real estate investment

2- What type of properties would you like to invest

3- The type of strategy that you will use

4- The location, considering is one of the most important parts of this process cause it will define your success

5- Condition on the property, new development projects, and ready properties have their pros and cons but with a great strategy, we can make it happen.

6- Price Range to afford it

Once you have all of these questions answered, now you know the market if not find some real estate agent who can help you, but try to find a good one, one who understands the numbers and investment mindset. That doesn't matter if you are in China or the India and you want to invest in the Dominican Republic. You have to search where are the people moving? and where is the market going? and where is the best development location?

You have to understand the different location and markets, each property has a number, each property has a profit and each property has an equity you must find the best way to make it happens. Find your Real Estate Agent and once you find it he can share some contacts like property managers,  lenders, banks, contractors, and others in that way you will be building a team working for you.

So, now we have to search for a property, pursue and make offers, you don't have to worry about being rejected I am an investor in the Dominican Republic and I also invest in the United Estates I've been rejected many times but you must find the best deal and one day you will be accepted. that's the way you can invest long distance you must be quick due to the hot market competition. Talk with the lenders, and with the banks and get pre-approved normally they approve 80% and you must have for the downpayment 20% if you don't have the money go and find a partner or any other way to finance your property but don't be with cross hands cause that property will not go to your hands, your hands have to go to the property.

And that's how we do it.

“IF YOU REALLY WANT TO DO SOMETHING YOU’LL FIND A WAY. IF YOU DON’T, YOU’LL FIND AN EXCUSE.” – JIM ROHN