Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

5
Posts
4
Votes
Julieta Osuna
4
Votes |
5
Posts

Appreciation vs. Cash Flow on pre construction Condos

Julieta Osuna
Posted

I'm on a huge dilema; i bought a pre construction condo on Guadalajara (where i live) since our mortgage interest rate are above 10% i loved the idea to own a condo while paying cash but differed thru 18 months (2 million pesos; aprox 100 000 dollars) it was a great deal; it went up aprox 60% 18 months after getting my keys and got out nice 7 - 8% return by airbnb (after tax and after host fees; i don't do much). But since 7% is not 30% i don't know if i'm getting greedy and i'm looking to sell my condo, cash my chips and but another two pre construction units looking for returns over 20% anually. I'd love to read your opinions. My goal is to be financial independent only for the freedom of my time, i'm not looking to quit my job, i love it just as it is, i'm 35 and i see my self doing the same thing at 95, but i want to have options. By buying and holding i might not have the amazing returns but i guess i can get more stability, less risk and more time to analize my next purcharse. Thanks a lot for the feedback!

Loading replies...