Because we know that these issues have little bearing on the property market and because we look at facts and statistics instead of basing our decisions on hearsay and fear mongering:- We know that many North Americans have invested there and the overall majority has never had any problems with it;- We know that, if we invest in the right places, we will make much higher capital gains that we can get in Canada or the US over time;- We know that tourism numbers keep increasing year after year, whereby we'll make a great return with short term rentals;- We know that more and more North Americans move to and retire in Mexico, to take advantage of the great weather, culture and the cheaper cost of life;- We know that our property is safe and isn't gonna be taken away from us.To conclude, I'm not going to try to convince you to invest in Mexico.

I am glad this worked for you, but you are implying that following the same strategy that worked in 2020 will work the same in 2024, while ignoring the rate increases, rent increases, exponential increases in furnishings, the maturation of the STR market and increased competitiveness that brings.Realistically, if we only look at 2020 to 2023, the best strategy would be to buy *anything* decent on the MLS and hold for two to three years.

Majority of americans live paycheck to paycheck and the increased rates from last year will finally start making their way through the system.

You may want to build out a handbook with some SOPs that way if simple stuff like a plumbing leak or something comes up they know who to call.

After that I told them I think it would be best if we just stayed on our own land just to keep it simple.

Prices, while still on the higher side compared to a decade ago, are stabilizing due to an increase in housing supply.

If both go up the same percentage of appreciation, the $500k in PF increases 5 times as fast, and exponentially increases faster as you move forward. 

It’s also increasingly harder these days to pull out 100% of your money.

I might encourage you to increase the assignment fee so that you have room to negotiate. 

I see it as investing in myself and increasing the value of my assets.