Works well.

I worked as a Panama real estate agent for several years and provide content writing and marketing services for Keller Williams (KW) Panama.The property transfer sales tax is actually 2% of the total value of the property and not 11% as another comment suggested.Yes, the Panama real estate market is low after experiencing a boom for nearly 10 years.

Those reinsurance policies more or less filter back to 3-5 large international providers.

@Mark Ainley, can you sent me the meetup list as well.

In my experience, if the numbers work and the property cash flows well even with today’s rates, you’re setting yourself up for long-term success.

Exploring vacant land in suburbs or up-and-coming neighborhoods could offer you cheaper build costs and potentially lower taxes as well.

Provide the residents with the option to (1) stay in the unit and renovate what can be done with an occupant or (2) provide notice to move out. 

Great summary and I'm glad to hear it's going well!

A HELOC might offer more flexibility if you're planning to purchase multiple properties over time, while a cash-out refinance could provide a lump sum that you can deploy immediately.1031 Exchange: If you decide to sell your Corpus Christi property, you might explore a 1031 exchange to defer capital gains taxes.

The rules are stringent as well.