Investing in Puerto Rico after Hurricane Maria

[Luis A. Escudero Burgos]

Hi all,

I am an active-duty Staff Sergeant (E-6) in the United States Marine Corps currently overseas and looking to start my real estate portfolio. I am single with no debts, kids or wife so I am ready to give all my 100% off-duty time available into this! 

I was born and raised in Puerto Rico, where my family currently still lives. After the hurricane I have been looking into prices to start buying properties using the BRRR method or even getting into flipping if possible. Does anyone have any experience doing this in the Puerto Rico market? How different is since Maria? Any recommendations are welcome.

V/r

L

[Alejandro Herryman]

@Aaron T. that is an answer from someone that does not know much about Puerto Rico. Investing from far away is always risky specially if you don’t know the area or if you donot have someone you trust to manage the properties for you. 

I own real este in Puerto Rico, and although I want to invest in the States in the near future, I am looking for another property to buy now. In my area of expertise, I should have $15k monthly passive incone within the next 2-3 years. I am already at $3k net passive income. And I know people here doing 20+ times that amount.