Investing In Mexico

[Kelby Kraft]

I'm down here in Queretaro, Mexico, central region. This city was founded in the 1500's. It's crazy to think it was founded almost 250 years before the USA was founded. It is currently booming like crazy mainly due to all the US factory jobs that have migrated here. People are driving in nice cars and some of the developments of homes are beautiful. My wife's parents live in a home they built for $125k about 10 years ago. It is currently worth about 6 million pesos or $300k, crazy!

Has anyone ever thought about a development of any sort in Mexico? Houses are being built like crazy here and the labor is so cheap! Here it only takes about 5 guys total to build a home from the ground up. The same 5 guys do all the plumbing, foundation, electrical, everything! It is just mind blowing coming from the US where it seems there are almost 100 different contractors on a build before it's said and done.

Just food for thought, watching these developments go up like crazy here has my wheels turning in my head! Has anyone else thought of potential of investing here?!