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All Forum Posts by: Cesar Navarrete

Cesar Navarrete has started 1 posts and replied 4 times.

Post: Investing in Puerto Vallarta Mexico

Cesar NavarretePosted
  • North Las Vegas, NV
  • Posts 5
  • Votes 0

@Luis Daniel Duran Sanchez Thanks for your reply and all the information.  Are you from Vallarta yourself? I will be traveling next week to check it out.  is there any good company or investor-friendly real estate agent you'd recommend there? 

Thanks.

Saludos!

Post: Investing in Puerto Vallarta Mexico

Cesar NavarretePosted
  • North Las Vegas, NV
  • Posts 5
  • Votes 0

@Pat L. @Jeff S. Thank you both for your reply. I've heard of Puerto Penasco, however the reason I am interested in Puerto Vallarta is because I'm looking to move there sometime in the short future. I know a little bit about corruption myself, I was born and raised in Chile, but I prefer honest business as well. 

Regards

Post: Investing in Puerto Vallarta Mexico

Cesar NavarretePosted
  • North Las Vegas, NV
  • Posts 5
  • Votes 0

Hi Elizabeth,

Thanks for your reply. I've done some research and is my understanding foreigners could buy through a bank trust. Also, my wife is Mexican/ US citizen, so worst-case scenario she would buy the property under her name. Thanks for the info though 

Post: Investing in Puerto Vallarta Mexico

Cesar NavarretePosted
  • North Las Vegas, NV
  • Posts 5
  • Votes 0

Hi everyone, 

I'm new to Real Estate Investing but have always being attracted by the idea of cash flow, and passive income. I'm currently thinking on investing on rental properties in Puerto Vallarta, Mexico. This would be my first time investing. I looked at the prices of properties being and property taxes being lower than in the US. I'd like to see if anyone has any advice as to what kind of property would be best to invest on, what area of town and how much cash you could pull out of a vacation rental in average. I'll be traveling there soon to check it out myself, but I've read good things so far and it looks a good business. Thanks!