All Forum Posts by: Jim Coulson

All good points. I have been buying and selling property in the Cabo area for 9 years with out a hitch. Rather than financing I would prefer a partner. Hands on or off. Half ownership without debt is preferable to getting into debt. I see you are located in Venice Beach. I lived on Ocean Front Walk and Buccaneer.  Many moons ago. Thanks for your input.

I was asked to prepare a Pro Forma for my B and B. I did not know how to create one and I am assuming depending on the type of business the the format will be different. I am not sure I am aloud to attach it here so I can get some feedback. Can Someone tell me if it would be OK and not against the rules?

Thanks for the nice words.

Hola mis nuevos amigos. Hello my new friends. Let me introduce myself. I am from Southern California and moved to Mexico about 9 years ago. I have been a builder for 40 years. I am currently building a beach front bed and breakfast on the the Pacific Ocean north of Cabo San Lucas. I  hopeful I will find a investor-partner to complete construction. Imagine owning 50% of a B and B and making 30% annual return on investment. And of course your own get away complete with chef and house keeping. Making money in paradise.

I moved to Mexico, north of Cabo San Lucas 9 years ago. I bought property on the beach, on the Pacific Ocean. Because local hotels and bed and breakfast businesses are doing very well I decided to build a 10 suite B and B. I knew that I would have to bring in additional money to continue the construction that is about 40% complete. In the past I have always worked with banks in Southern California. That is not possible here so I have been trying to bring in an investor, hands on or off partner. I have been pursuing this for some time without success. I am starting to think that the bad press about Mexico has hurt my efforts. But why then are so many tourists coming down Any feedback would be helpful.