All Forum Posts by: Omar Saucedo Cortes

Hello Everyone, 

It has been almost 2 years since I had to leave the country after 30 years of calling Utah home.  I have been reading, watching, and learning as much as possible on investing.  I'm still in Guadalajara, Jalisco, Mexico.  Are there any groups out here anyone that's doing Real Estate Investments ??

Gracias te mande un request en LinkedIn.

Hola a todos,

Me gustaría habrír este tema a todos los Mexicanos que tengan Inversiones en Mexico.  Hay muchos desarrollos en Tulum y parece que sería una muy buena opción para inversión. Me gustaría conversar con alguien que tenga experiencia con inversiones en Mexico.  

I appreciate your feedback, thank you!!

Thank you for the feedback!!! 

Thank you so much for that feedback.

My thought process is because we are renting out our current home that cashflows and we are not paying any rent or paying minimal rent to live with my in-laws and that’s my plan when I get back that we would have enough to make the payment from new property by the rent it brings in.

Hello everyone,

I was forced to leave the country “voluntarily” 6 months ago for immigration purposes.   I live in Mexico currently but my family lives in Utah.  We are renting out our home and my wife and kids moved in with my in-laws. Our goal is to buy a 2nd property to also rent out and keep growing our portfolio when I get back.  Are there online courses that I can take while here in Mexico and get my Real Estate License??? Would you recommend getting it if I’m new to Real Estate Investment, why or why not??

Any information, suggestions, advice is greatly appreciated!!!!

I would love info on the virtual meetups. I lived in Utah for 30 years before I had to “voluntarily” leave the country for immigration purposes.  My wife and I currently have a mortgage on a home that we are currently renting out until I’m able to come back as a lawful permanent resident.  My wife and kids moved in with my in-laws and our plan is to buy a 2nd property that will be rented out as well while we live with our in-laws and hopefully get our portfolio jumpstarted.  Any information would be greatly appreciated!!!

Hello everyone,

I have a question in regards to a couple answers on this post, I’m looking for similar advice.

James Peters suggested to get out to a investor lunch or join a group and start attending events and meeting people and see what they are doing, where would I find that information to investors lunch or groups??

Hello Everyone,

As I have mentioned before, I was forced to “voluntarily “ leave the country 6 months ago for immigration purposes.  My family moved in with my in-laws and we are currently renting our home.  I’m in Mexico while I go through the process of becoming a resident.

I have been reading books, Rich Dad Poor Dad, Richest Man of Babylon, Secrets of the Millionaire Mind among others, I have also been watching regular BP seminars and videos on YouTube.  

I’m really determined to buy a 2nd property as soon as I get back while still living with my in-laws or possibly doing a owner occupied multi family property.  

What would be the best approach to doing that in Utah?? Interest rates are rapidly increasing and home prices don't seem to be coming down any time soon. I look at properties every day through Utahshortsale.com and the options to make a "deal" that would make sense or nonexistent. Would it be a good idea to use a HELOC for the down payment of a new property even if it doesn't cash flow say it breaks even???? Why or why not??? If we were to buy a house to live in we would be paying for the mortgage anyway? What are your suggestions or advice?
My knowledge right now is minimal so I’m asking a lot of what may seem like stupid questions, all feedback is greatly appreciated!!!!