What Investing Strategy Works In A Market That's Cheaper To Build

[Dominic Balconi]

So, I'm 19 years old, hoping to get started investing in real estate in coastal South America, Ecuador to be specific, and the market is roughly 50% cheaper to build. I am planning on simply building homes as I have great contractors and architects already on my team, but am wondering if that's the best way to go.

Realistically I could put 70k into a single-family deal, and 6 months and then immediately sell for 120-150k.  I want to get into larger deals because my main goal is cashflow, which obviously isn't possible with this deal. Yes, I could just not sell the home, but I don't want to be investing in single-family residences for cashflow at all.

What other strategies would you recommend for a market where it is far cheaper to build than to buy???

Thank you so much, everyone, for your contributions to this forum post!

Peace, Love, & Positivity,

Sincerely, 

Dominic Balconi,

Future BP Podcast Guest

[Eric Burch]

We are building and holding everyday and love the tax benefits. We still watch the market daily in case a deal comes along but the new homes are cash cows now for sure and 100% on cash on cash return.