Puerto Rico Market Interest

[Christopher Hartnett]

Hello BP,

I am new to getting into the real estate investing game. I have so much to learn from all the experienced folks on here. I currently live in Florida and have my eye on the Puerto Rico market as a potential investment destination for short-term vacation rentals. I’d love to chat with anyone who has experience with this in PR or anyone local in PR who can shed light on whether this is realistic. I know I need to be mindful of local rental regulations as well as find a reputable management situation as I’d be managing from afar. No help is too small! Looking forward to making new connections. Thanks all. 

[Roberto Torres]

@Christopher Hartnett As @Greg Scott says, there is a cultural difference. This benefits the local, boots on the ground investor vs. outsider because we know the ins and outs, connections, and it's not as easy as being an outside investor investing in other states, especially a new one that will manage from outside. It is a good place to invest if you know what you're doing and are willing to learn the specifics of how real estate works in the island. For me, it's paying off... but you gotta hustle! Good luck and feel free to connect.