All Forum Posts by: Juan Pessolani

Sure @Diego Rodriguez

Files are available at https://drive.google.com/open?id=0BwqzbFXWK5T-T0FQ...

Once you open the spreadsheet for the country you are interested in you can sort and filter the data easily. Each entry is geolocated so you can turn any spreadsheet into a custom Google Map via import and some minor tweaking, like this:

https://drive.google.com/open?id=1OIbnujQ6gXlw8RqR...

How you find it useful! Let me know if you have any questions.

Paraguay has cheap labor, low cost and government incentives but the industry is not there yet. Paraguay doesn't offer those products yet. Until now, those products are imported from China and Brazil. Currently, Brazilians are bringing their production to Paraguay but they do so to serve their own market in Brazil.

So I'd say, look into Brazil! 

This news just sparked my interest:

http://www.reuters.com/article/us-paraguay-brazil-...

There are many foreign industries, mainly from Brazil, that settle in Paraguay to produce goods and later export those products to their own country. Tons of advantages for these foreign companies, including local government's incentives.

Brazil's recession plus Paraguayan Government's aim to turn the country into South America's China seems to be opening a niche for industrial development. 

Buying land near a city that would provide labor and that is close to the border, and developing warehouses for industrial activity seems like a good idea.

Is anyone familiar with similar projects willing to share insight and ideas?

Thoughts?

Thanks!

You can get help from a certified Quickbooks advisor. There are plenty of them that will set your Quickbooks Online based on your needs: Chart of Accounts, classes, etc.

Once this is set up, you can track income and expenses againts properties, run reports and everything. But first and foremost, you'll have to work on your set up and chart of accounts to look something like this:

Hope this helps!

QuickBooks Online is solid. But expense tracking itself is useless if you are not using this information on-the-go in order to make decisions and set priorities. You are just looking at your past mistakes. That's why I recommend www.youneedabudget.com --- give it a go!

 @Paul S is right about this.

I live in Paraguay and I'm familiar with this. Even though the multifamily/condo market is exploding and there are loan incentives for housing from the government it is not easy for people to get a loan from a bank (rates are terrible anyway)

So what happens is developers offer financing if you buy pre-built, at a discount. It is not actually financing. I mean, it is the owners who finance the construction of the building, not the developers.

This works like this:

Developers sell pre-built. You as an investor pay 20% in advance, and then make monthly payments as the condo is getting built (anything from 12 to 18 months, depending on the condo size). Month after month you make this payment, for 12 to 18 months until you've covered 80% of the unit's price. Soon after, the condo is ready and you pay the remaining 20% after possession of the unit.

In fact, most of the pre-built business is fueled by foreign capital: Argentineans, Uruguayans and recently Chileans. This happens because the local buyer is an unexperienced one, unlike Argentineans and Uruguayans that see an opportuniy in Paraguay, where the land is cheap and taxes are lower. Compare the Argentina's average of 1900 USD/m2 vs Paraguay's 1300 USD/m2 in new condo units. Pre-built prices are even lower: 950 to 1100 USD/m2.

I recently scrapped the data from real estate listings everywhere from Uruguay, Bolivia, Ecuador, Colombia, Paraguay, Chile, Brasil and Argentina. That's probably 50.000 entries in total. This lets me compare averages between country and regions. I don't mind sharing this database with anyone interested.

Hey, @Chai Sag, how are you?

I know it's been a while but what's your source for Asuncion's 500% price increase?