THE EXPAT FILES SHOW #547
YouTube to come
Before Johnny’s program, a reminder. Don’t forget about Tool Tuesdays. Am going through items for you to consider if you are thinking about any travel. Will be four on the new Blog Tuesday.
BUILD YOUR LATIN AMERICAN DREAMHOUSE IN THE BEST OF NEIGHBORHOODS FOR $25 TO $50 A SQUARE FOOT:
Long time listeners know it’s my firm belief that there’s a huge real estate bubble in most all of Latin America. Anyone who’s had substantial boots on the ground will confirm that. So don’t be a clueless gringo and buy at the top!! However, if you can find a nice piece of land at the right price, you can build the house of your dreams for $25 to $50 a square foot, complete. Today we have a strategy and some tips to help you find the perfect neighborhood…
IT’S DEFINITELY A RENTER’S MARKET: WITH THE REAL ESTATE BUBBLE CRACKING AS WE SPEAK: That said, when “off the tourist trail” you’ll simply be amazed at what you can rent for a mere $300 to $700 a month. Today we have some real life examples…
Friendly Gringos, Beware
DON’T GET SUCKED IN BY FRIENDLY GRINGOS AND THEIR SO-CALLED “GROUND FLOOR” REAL ESTATE DEALS: So when “on the gringo tourist trail” beware of slick gringo real estate agents/salesmen trying to get you into the bubble. They won’t mention a bubble but if you question it, they’ll tell you there is no such thing and that real estate only goes up…DUH? Yes, they’re experts at sizing up clueless gringos and spotting suckers. They’ll take advantage of your crappy Spanish, short time down, and obvious lack of boots on the ground… as well as the brain-fogging Zoloft effect the soothing tropical climate has on fresh, green gringos (especially true if a gringo’s 1st world life consists of 6 months of snow and cold).
Note: when “off the tourist trail” there will be no such Gringo real estate guys pressing you, but there’s still a huge bubble, so don’t get sucked in by clueless local Latin property agents either…
NOPE, THERE ARE NO CHEAP “GROUND FLOOR” REAL ESTATE DEALS LEFT IN LATIN AMERICA: certainly not “on the tourist trail” in places like Panama, CR, Mexico, Belize, and now Nicaragua, Ecuador, Colombia and Uruguay. And here’s why…
MIGHT YOUR SECRET DREAM BE A BEACH HOUSE RIGHT ON THE OCEAN? Well guess what? When the bubble cracks, beach houses are often the first properties desperate sellers put on the market. How does a 3 bedroom beach house, with pool, right on the ocean for $100k or less sound to you? Right now, desperate sellers are starting to come out of the woodwork and today we have examples of some such deals that have hit the market. However, for this you’ll need boots on the ground. You won’t find this stuff on the internet… not in English anyway.
Johnny’s next “Latin Insider” seminar will be Saturday July 9th thru Friday the 15th. To get on the earlybird discount list, send an email to: email@example.com
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From Johnny’s so called expert super blogger.
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CONSULT WITH JOHNNY- SCHEDULE A CELL OR SKYPE CALL: Would you like a 1 on 1 personal Skype or phone consult with me? Set up a time when we can talk and sort out your own specific Latin American plans. Just put the word “CONSULT” in the subject line and send a short list of your questions and talking points to: firstname.lastname@example.org
Visit me Johnny (and Expat super-blogger John Galt) at our new joint website www.TheNewExpat.com . It’s where you’ll get real “boots on the ground” info, experienced expat blogs and reports. It’s a work in progress so please be patient. We’re continually improving and expanding the format.
Pre and Post Seminar Trips
The Pre/Post Seminar Trips have been invited back by Mr. Mueller. That is quite an endorsement. Both will be going to Beautiful Lago Atitlan again. Johnny shows all of this part of upscale Latin America. The Pre and Post trips provide you a window into the Mayan world. Again we will feature Panajachel on the first trip with the Nature Reserve, zip lining, ceramics factory, Smokin’ Joe’s BBQ and a stop in a Mayan Ruin site with tour.
On the second trip there will be more of the Lake, but with an introduction to other towns. Or are they other Nations? Almost too much of a good thing. San Juan La Laguna, San Marcos, Santiago de Atitlan, San Pedro la Laguna and Jaibalito. Each is a world of its own. From coffee farms to weaving cooperatives to maybe even a visit to Maximon.
Trips will take place 4 days before and 4 days after the Boots on the Ground Seminar. Plan your flights accordingly. Although the second trip seems to have a lot more scheduled, it is more relaxed with Uxlabil Ecolodge as our base. Just sitting back and listening to the birds is fine with us.
You will have your own 3.5 year Expat, with stories. Probably more than you want to listen to, but all the same, stories. Stories of the things he did right and stories of the things Johnny told him not to do that he did anyway and found out how right Mr. Johnny is. Plus your own private translator, because Yo no hablo Espinaca.