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Updated over 3 years ago on . Most recent reply

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10
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2
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Jacob D. Lange
2
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10
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Puerto Rico Investors

Jacob D. Lange
Posted

Anyone else investing in Puerto Rico?  I see some posts from a few years ago, but nothing too recent.  I am just getting started.  I have a property in contract now.  I plan to operate it as an AirBNB.  

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186
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Kathryn Morea
  • Developer
102
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186
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Kathryn Morea
  • Developer
Replied

@Jacob D. Lange - Congrats on your property in Luquillo. I have a friend who bought a small inn in Luquillo, renovated, applied for act 74, (30% back in the form of tax credits) and now has it occupied almost 100%. Luquillo is a great area with good surfing as well as lots of restaurants nearby. I bet you do very well on that. We have a great group on investors here in Puerto Rico (REIA Rico) and we meet monthly (see the events listing in Bigger Pockets) - we also meet Saturday mornings in Gustos in Miramar for our dealmakers breakfast club. Are you looking to acquire additional properties?

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