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Updated about 5 years ago on . Most recent reply

User Stats

9
Posts
2
Votes
Thomas Saunders
  • Involved In Real Estate
  • San Clemente, Manabi
2
Votes |
9
Posts

Fresh from Ecuador: New Investor and Developer

Thomas Saunders
  • Involved In Real Estate
  • San Clemente, Manabi
Posted

I found the site and am looking forward to sharing my experiences and learning alongside my peers here in Ecuador and in the US.

I originally came here in 2006 doing scientific work and couldn't help but say yes to a 14K thatch-roof beach house that I came across while doing some post-work travel with my wife.

That was the moment I became a real estate investor and I've been gaining experience ever since... eventually moving here permanently. I've learned about construction by building 4 homes, attracted investors to start a 52 unit condo project and acted as a buyers and sellers agent for 20+ transactions in a very dynamic marketplace.

Ecuador is a South American country about the size of Nevada sitting on the equator, with its own stretch of Pacific Coastline, a chunk of amazonian rainforest, and a mountainous backbone peppered with volcanoes. It has also been touted lately by International Living as the world's number 1 retirement destination which has heated up the market.

I've taken some hits and had a few wild-west moments here, but overall I must say that I'm enjoying the challenge and looking forward to getting better at it!

Here's to learning from and contributing to these forums. Thanks for having me.

Most Popular Reply

User Stats

9
Posts
2
Votes
Thomas Saunders
  • Involved In Real Estate
  • San Clemente, Manabi
2
Votes |
9
Posts
Thomas Saunders
  • Involved In Real Estate
  • San Clemente, Manabi
Replied

Hello all.  It´s been three years since I´ve signed in...  Had two more kids and was hard at work on this project: https://youtu.be/GiR-O75lC0Q?list=PLK4YmPymg7kCf-H... and others.

 I got pulled back in by the excellent podcasts.  Thanks to both the guest speakers and the moderators for the huge wealth of info here.

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