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All Forum Posts by: Derrick Grahn

Derrick Grahn has started 1 posts and replied 6 times.

I saw some old posts about Cabo San Lucas, San Jose del Cabo, and the general Los Cabos area. I thought I would refresh it for everyone. I am heavily active in this market and am available for networking, assisting, chatting, etc. My company is TheCovetedGroup.com.

Let's connect.

Sounds like a sweet deal! Well done. Do you have any specific doubts or questions? I mean it sounds like you have this deal done no?

Post: BEWARE of Malcolm E. Pointon

Derrick GrahnPosted
  • Specialist
  • 85018
  • Posts 8
  • Votes 4

Do you have a contract for the money you gave him? It is wise, if investing in real estate, to make sure any money you are investing is properly backed by real estate. That way at least you have something backing the money you invested. 

Post: Short term rentals in Mexico

Derrick GrahnPosted
  • Specialist
  • 85018
  • Posts 8
  • Votes 4
Originally posted by @Benjamin A Ersing:

@Derrick Grahn Would love to learn more. Both about your developments in MX and about your entrepreneurial journey. Have a few minutes to connect? 

I am happy to share. I am running crazy for the next few days. But shoot me a text so we can try to connect later this week. +14807095113

Post: Short term rentals in Mexico

Derrick GrahnPosted
  • Specialist
  • 85018
  • Posts 8
  • Votes 4
Originally posted by @Sean Harris:

Thanks for the replys everyone and Derrick I will send you a PM later today, thank you

perfect.  

Post: Short term rentals in Mexico

Derrick GrahnPosted
  • Specialist
  • 85018
  • Posts 8
  • Votes 4

Hi Sean. I would be happy to assist you. My wife and I (originally from Chicago and Southern Florida) moved time and lived full time in Cabo San Lucas for over 14 years. Our two children were born in Cabo also. We still reside in Cabo, but we recently began splitting our time between Cabo and Scottsdale AZ.

We enjoy real estate investing in both markets also. In fact our primary business is a real estate brokerage in Cabo ... www.thecovetedgroup.com. In addition to real estate, we own other businesses in Cabo too, including restaurants, brick and mortar stores, and a manufacturing facility. When we moved there in 2005, we didn’t know anyone there and knew basically nothing about the market. Looking back on it, we were a little crazy. And for that reason, none of what we accomplished came easy in Mexico and especially Cabo. We have loved it, but have also hated it at times. We had to navigate through many Los Cabos and Mexican obstacles through the years, and have learned a LOT in the processes. With some decent guidance, it can absolutely be far less painless.

Anything and everything is as possible in Cabo as it is within any market in the US, as long as you have the proper guidance, as my wife and I wish we had when we first moved there in 2005. We are both happy to give you our feedback, as we do for hundreds of other people, friends, and clients on an annual basis. Regardless if they are clients or not, we truly enjoy helping people with real estate both the USA and in Mexico, especially in Cabo.

The question you asked is important and the answer depends mostly on the property type that you are considering. To better assist you, I would enjoy learning more about what you are considering. The primary questions that come to my are... what is your goal? Or, what are you hoping that this Los Cabos property can do for you? Do you want to own it strictly as an investment? Do you want to enjoy it also? If yes, how many weeks or months would you personally use it? Would you pay cash? Or are you hoping to finance it? What's your budget? Do you want to own on the beach? Is an ocean view important? Or are you looking for something more urban and creative? Multi family or single residence? Condo or stand alone home, etc? Perhaps you do not want an HOA(yes that is possible)... or maybe being in a gated community is a preference for you?

I am happy to guide you more here... or we could catch up via phone some time too. Whichever you prefer. Have a wonderful day.