All Forum Posts by: Benjamin Brasher

I am an international portfolio manager and investor relation for an elitist investment company, it's a very smart product for the select few in the world as it offers very high returns guaranteed by a trust containing real estate in key areas of Mexico. 

When I started my mentor told me if you know 7 people you know the world. I sell minimum 250k investments to people on the other side of the world, If you are not introduced properly by a friendly face you are going nowhere.... One word : Ask ! Pitch you r friends, family, business owners you know etc, and ask this may not be for you but do you know someone this may interest ?  I have done business with royalty in africa and very high profile people in the US and Europe just by asking. If the person you pitch says no it's not for them, instead of walking away ask if he knows anybody that would be interested, little by little you are going to have a real thing going on. 

Hope this helps and good luck.

@John Arendsen, Definitely appreciate your information and experience. 

Your humble worth adjusted for inflation definitely made me smile ! 

I think to be very honest every country or most anyway, US included have some great opportunities when you know where to look. Contrary to what you said I'm not saying the US is not in great shape at this time for real estate investments, however it is definitely not a winner when coming to investing to airbnb or vrbo and that is just comparing apples to apples in ROIs.

I fully understand your concern about not fully owning the land however if you chose place over 70km away from the ocean you can. Monterrey for example is an industrial city near the border where the ROI and demand is huge in residential properties between 50 and 100 thousand USD.

Best regards

Fair enough people, 

And agreed 100% if you don't know the market well enough or simply as @John Arendsen said feel more comfortable in investing localy for management and proximity purposes I understand and investing in aplace like Cancun is not for you. 

However when you there are organizations specialized in making these things easier for people in zones like Cancun, Dubai, Panama, etc.. where the market is explosing! 

And with a moment with a record high dollar it is definitely the time to move for those willing to make the step. 3 years ago it was 12 pesos to the dollar, as of today it is 21.5... These things make a difference and the big guys in Real Estate see and have been taking action out of the comfort zone which is the US.

To answer to Blair, There is a fideicomiso de zone restringidas, it does cost money but remember these zones are looking for international investors and if you fit the shoe that cost will be handled by the company. Once again it all comes down to knowing the market and the right people.

My mentor would say, if you are following the example of the most successfull you are on the right track, in this case I believe stepping out of the US at this time is a prime example of this. When companies like Credit Suisse and Generali are buying over 250 million USD in 2016 of mexican forclosure real estate I trust them to know what they are doing. (granted this is a different topic than just VRBO and Airbnb but the principle is there) 

Good luck to all wherever you are investing, i wish you the best !

Hi Guys,

I understand that for most conservative buyers it sounds like a good idea to buy rental in the US, florida etc. But I will advise to broaden your mind. Cancun for example has 20 million visitors per year, you can get alot for your buck and the airbnb/ rentals are booming, more demand than offer.... 

A property in Cancun will go pay itself in monthly rentals in less than 8 years if chosen wisely. If you start putting in ait of work and put it on airbnb etc... you could be looking at 5-6 years not including costs to have a property manager, etc...

Find someone that knows the market, laws, language and that basically gives you access to that market. Because if looking for real profilt and capital gain which I think most of us are, the US is no longer the number 1 place.

If any of you guys need further info on the matter I will be happy to offer assistance.

Hi Brianne ! 

Good for you, This is a land of opportunity with huge capital gain and ROI when doing tthe rentals correctly and purchasing in the right areas at the right price.

Are you going to finance in canada, pay cash or finance in Mexico ?

And Matt, yes Airbnb is legal here and more than encouraged.

I have a property I rent here in cancun, 3BD, shared swimming pool in a very nice residential gated complexe a good 15 mins drive from the beach. it's value is around 55k USD and from the 18th of December to the 6th of January (Prime season) I have it rented at 350 USD per night... Those 3 weeks on their own pay 6000 USD and that is after costs and taxes. 

Hi Guys, 

I am a Real Estate Investor for European Investment fund here in Mexico. One word: Paradise to who knows where and how to take advantage of what is down here.

For example the capital gain even without talking about the peso or dollar, in areas of Cancun in residential properties from 50 to 150k USD we are experiencing 16% capital gain per year. 

The rental is also huge, a property that is worth 50k in the right area will rent easily for 450-500 USD per month with a monthly rental contract, if you start airbnb and put a little effort in the revenue starts to become alot higher. But just with a simple monthly rent you are reimbursing your purchase in less than 9 years, unheard of in europe where I come from, and that is not even considering the major capital gain you would have experienced in that time...

But the real opportunity in Mexico is with the banks... The mexicans have terrible financial education and the interests for motgages are ridiculous, 10-16% average, this leads to an extremely high mortgage fail rate, over 6% in 2015. It is extremely difficult to buy from the banks as they only sell in bulk and it's pretty much who you know not what you know... But for example Credit Suisse buys 250 million euros worth every year in Mexican forclosures directly from the BBVA and Santander. If these guys do it is a pretty good sign.... 

If you guys have questions on the matter pm me.

Hi Brianne,

I live in Mexico and work for a elitist financial group that propose financial investments based on the Mexican secondary real estate market. 

I have had many investors from the US and Europe purhase millions of dollars in residential real estate between 60 and 200 USD. Why ? the capital gain in that range has been between 10-12% average per year in the last 10 years.  The properties also pay themselves off in an average of 8.5 years from simple monthly rentals. If you start putting abit of effort in using airbnb and other catering to people on vacation the properties can easily pay for themselves  under 5 years.... 

If you have any questions I would be glad to help.

Take care

Hi guys,

I have been reading the conversation with everybody's concerns and facts. Most are true. The banks in Mexico loan between 9 and 23% and it is very difficult to get a loan in the US to buy in a foreign country. 

However the market in many areas of mexico is booming, Cancun and Riviera Maya for example have capital gain from 8 to 10% per year for the last 10 years and it just keeps coming. 

I work in Cancun wholeselling real estate from the secondary market to international investors. I deal mainly with US or Emirates based investment funds, when these guys knock at your door it's normally a good sign. For anyone looking for an amazing investment opportunity companies selling "remates" offer amazing prices. Be very careful as thes guys sell "contratos de intermediacion", it sounds like you're buying a house, it looks like you're buying a house but you are buying air most of the time ! 

For those serious about investing that want tips or info please don't hesitate to message me.

Dear fernando,

Forclusures in Mexico is a very closed market. Be very careful as most "Remate" companies (which are numerous) offer amazing deals but do not actually sell you the propert. I explain, they sell a "contrato de intermediacion bancaria", it looks like you are buying a house, it sounds like you are buying the house but all you are buying is a contract which 9 out of 10 times will not get you the home. It basically is for most a huge scam as the contract for the same house is legally sold many times leaving most without anything for their money. 

The market to buy homes that have passed "las demandas litigiosas" so can legally and directly be sold to you is a very closed market for the select few. You can go to las subastas which is a mafia or buy directly from the bank but need to buy millions of USD at a time, pretty tough as you can see.

I hope this info helps, I work for an Investment company that specializes in this and from January onwards i will be selling the rights to properties around mexico for a fraction of their worth, I mostly sell in the US with contracts that start around a million USD (wholeselling) but if I can help you out with afew properties around monterrey we can talk. Message me if interested if I can help you with some information. 

Best regards