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All Forum Posts by: Tsedey B.

Tsedey B. has started 1 posts and replied 4 times.

Post: Puerto Rico’s Abandoned Properties

Tsedey B.Posted
  • Attorney
  • New York, NY
  • Posts 4
  • Votes 2

@Kathryn Morea Awesome! I was looking for up and coming neighborhoods (near La Placita). I really appreciate you sharing this information!

Post: Puerto Rico’s Abandoned Properties

Tsedey B.Posted
  • Attorney
  • New York, NY
  • Posts 4
  • Votes 2

@Kathryn Morea Thank you so much for this information! That is great news. Yes, I’m in the area and scoping out properties which has gotten insanely expensive recently. What is the name of the program that you are involved in? Would like to be part of this program as well if possible.

Post: Puerto Rico’s Abandoned Properties

Tsedey B.Posted
  • Attorney
  • New York, NY
  • Posts 4
  • Votes 2

Does anyone have any information on how to contact owners of abandoned properties in Puerto Rico? Or contact the government agencies that would have information in connection with these properties? I understand that there are issues with inheritance laws and unpaid property taxes for many of these properties but surely there is a way to figure out this mess and get these properties sold and utilized. Please let me know if you have any information.

Post: Puerto Rico - Opportunity?

Tsedey B.Posted
  • Attorney
  • New York, NY
  • Posts 4
  • Votes 2

I’m super interested in buying an investment property in Puerto Rico but all the condos that allow Airbnb have increased their prices in the last 6 months. I was very close to buying a renovated 2,700 sq ft condo near the beach (with ocean views in the distance) in Isla Verde but the seller wanted $475K in a very old building with no amenities and no Airbnb. I just don’t think I will rent be able to rent it at $3K without direct beach views. If anyone in PR has any information on where to find good deals (other than classifieds, zillow, point2home and property shark), please send me a message.