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Hi from beautiful Mexico! Subscribe to Hi from beautiful Mexico! 6 posts by 3 users

Peter R.

Real Estate Investor
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5 posts

My name is Pete and I live in Playa Del Carmen Mexico. Just wanted to introduce myself to everyone. I have been investing in the U.S. for a few years and stiil hold a few properties there. Currently I'm focused on what was a sleepy fishing village a few years ago. Now the R.E. market here is booming, Playa has the reputation as one of the fastest growing cities in Latin America. I came here last year to live full time to reap the rewards. So far so good!

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Joshua D.

BiggerPockets Founder
Denver, Colorado
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5561 posts

Welcome to BiggerPockets, Peter! Its great that you jumped into a growing marketplace and got involved there. Are you still doing any investing in the states? What was your focus before going to Mexico?

Jason C.

Real Estate Investor
Katy, Texas
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501 posts

I love me some Playa Del Carmen!!!

Welcome aboard!

Peter R.

Real Estate Investor
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5 posts

Thanks guys for wheelin out the welcome wagon. I haven't been investing in the states for at least two years. I have fallin out of the game there since moving to Playa. Before comming here I was focused on forclosures and rehabbing. I still own in Vegas and Austin and they seem to be holding on. I came to your site to keep up to date on the investor side of things back home. The reports I get here are all doom and gloom from people who are not tuned in. I'm looking forward to some positive feed back from people who know this stuff works!

Joshua D.

BiggerPockets Founder
Denver, Colorado
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5561 posts

Peter -
Were you living in Vegas or Austin? How long had you been in the game before your 2 year break?

Joshua D.

BiggerPockets Founder
Denver, Colorado
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5561 posts

The following was a post by Peter in response to my previous one:

My girlfriend and I started investing in 2001 when we purchased our condo in Santa Monica,CA. That's when I first read " Richdad" , which changed our lives. We hit the condo for the built in equity and bought our first house in Vegas. Tapped that and bought two in Austin. I lived in Vegas for six months, knockin on doors, doing forclosures.I was wholesaling back to an investor in L.A. We took a few lumps but over all learned allot. Never lived in Austin but liked what we saw in growth potential, so we bought there. We had been to Playa a few times and always thought we could do well here. It has takin a little longer than I thought but doesn't everything? I still love what I do!