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Updated almost 8 years ago,
Newbie from Puerto Rico
Hi all! My name is William García, I'm 21 years of age and I was born and raised here on the island of Puerto Rico. As the title states, I'm a newbie around these parts. I've been listening to tons of podcasts and reading up on books about RE but have just now decided to finally post here on the BP forums.
With that being said, I was wondering if anyone could share a bit of insight/personal experience about the potential of investing in rental properties over in PR.
You see, since discovering BP 2 months ago I have never been so excited about something in my life. Reading books and listening to podcasts has been great and immensely valuable to my better understanding the world of RE, specifically rental property investing.
The problem I'm having right now though, is that I'm having a really tough time getting a clear picture of the real estate market over here on my island.
No one in my family or any of my friends have any experience dealing with real estate so when I try to get their opinions on it I always get the same "things are really bad, there's no opportunities on the island." "Move to the states, things are better over there".
If anyone could take a moment to enlighten me on the topic and push me in the right direction I'd really appreciate it. Also, if you live here on the island maybe we can talk about it over some coffee or something (my treat :) )
I'm very eager to learn and take the leap into the world of rental property investing.