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Updated over 5 years ago on . Most recent reply

Amir B.'s profile image
Amir B.'s profile image
Amir B.
  • Rental Property Investor
  • from Elk Grove, CA
  • Member since Mar 30, 2016
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Amir B.'s profile image
Amir B.'s profile image
Amir B.
  • Rental Property Investor
  • from Elk Grove, CA
  • Member since Mar 30, 2016
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Amir B.
  • Rental Property Investor
  • Elk Grove, CA
76
Votes |
306
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Buying & Selling Real Estate

Investing in San Juan, Puerto Rico

Amir B.
  • Rental Property Investor
  • Elk Grove, CA
Posted

Hello BP Community,

I was wondering if anyone has invested in PR before? As many of you heard PR defaulted today on their loans.

http://money.cnn.com/2016/07/01/investing/puerto-rico-defaults-general-obligation-bonds/index.html?iid=hp-toplead-dom

Is this a good time to go in and invest? Any thoughts?

Thank you.

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Victor Chico's profile image
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Victor Chico
  • Investor
  • from San Juan, PR
  • Member since Jan 15, 2013
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Victor Chico
  • Investor
  • from San Juan, PR
  • Member since Jan 15, 2013
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Victor Chico
  • Investor
  • San Juan, PR
50
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71
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Victor Chico
  • Investor
  • San Juan, PR
Replied

Matt Castle : I agree that the Zika is serious. However, the publicity has been much overhyped. Living here I only know one person who was infected and the effects were mild. That being said, if enough people get scared prices may fall due to a temporary dip in tourism.

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