Tulum Mexico Rental

[Duncan Forbes]

Investment Info:

Condo other investment.

Purchase price: $118,000
Cash invested: $118,000

Tried to buy a place during the pandemic in NY but was getting outbid like crazy over 100k, so I was lucky enough to buy a condo in tulum mexico and do a short term rental.

1 bed, 1 bath, with community pol, 15 minutes away from the beach and 15 minutes away from the city.

What made you interested in investing in this type of deal?

It was a challenge

How did you find this deal and how did you negotiate it?

Through a client and a lot of research and connections through my Personal Training Industry

How did you finance this deal?

Cash

How did you add value to the deal?

N/a

What was the outcome?

Getting a lot in equity, barely anything in Cashflow.

Lessons learned? Challenges?

So many, please message me for details

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

All across sea's