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All Forum Posts by: Edward Hernandez

Edward Hernandez has started 1 posts and replied 2 times.

Post: Medellin, Colombia Real Estate Investing

Edward HernandezPosted
  • Investor
  • Washington, D.C Metro
  • Posts 4
  • Votes 0

Greetings, I have read some older posts about investing in Medellin and it seems the prices for condos are be at the highest point. Does anyone have any other thoughts or opinions? The city is still undervalued according to international standards. I was considering buy from builders and waiting 1-2 years to resale it. Does anyone have any thoughts on this for 2024 and 2024? 

I am tracking the Airbnb was recently banded in Medellin so short-term rentals might not be a wise move. 

Post: How Much Does It Truly Cost to Furnish a New Airbnb

Edward HernandezPosted
  • Investor
  • Washington, D.C Metro
  • Posts 4
  • Votes 0

It all depends on the clientele that you generally looking for and the location of your property. I do believe that the furnishings should match the house so it may not be wise to put $2,000 tires on an old Toyota Camry. 

Basic rules: You want the house to look nice, be clean, and smell good. Don't break the bank of decorations. Nobody really remembers the decor but the decorations should look good and match the design on the room.  I would consider spending extra money on the bed and pillows, bathroom and kitchen stuff. Again, it all depends on your general cliental. If you anticipate people using the kitchen often then you can buy some nice stuff without breaking the bank. Ikea is my friend.