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Updated about 11 years ago,
Out of United States land
I had a good friend of mine that is living in the Dominican Republic and he recently acquired some empty lots at a super discount from a business partner of his that just needed cash to pay back taxes on other properties. He has asked me to see what i can do with them. Does anyone have any suggestions on locating investors that are looking for property out of the states? Any suggestions on evaluating the land itself ?
Seems to residential, it supposed to be near the Santo Domingo. i know i can find out what the rents are in the area, but I'm guessing the same rules we follow in the states don't apply there, so any suggestions would be great.
I know i ail have flexibility with the price because it is my friend that owns it, he's not really sure what it worth, just picked it up for cheap I'm sure.