Hello from Sunny Costa Rica

I am Canadian, but living for last 20 years in Costa Rica where I worked in real estate field and now I am developing my own beachfront luxury 19 units condo project.

I have joined many sites in the past with with very disappointing results (mostly scams & spam). I truly hope this site is different and will introduce me to real investor or possible loan with accessible terms.

Will see.

Edited: 06/26/2010 at 12:41PM by George Smith

Jaden G.

Real Estate Investor · Savage, Minnesota

40 posts
4 awards
50 influence

May 01 '10, 10:13 AM

Welcome to BP George. We're glad to have you here. Maybe you can enlighten us on the new developments in the Costa Rican market. I hear that a new highway is opening up development opportunities in the southern part of the country. Any good deals?

You will find that BP is very well managed and spam is absolutely not tolerated. On that note be very careful about posting in the appropriate forums and soliciting deals or offers in the wrong places. There is a place on here for everything, but most of the forums are for information purposes only and should not be advertised on, so just be aware of that.

The moderators do a great job of keeping this place clean and informative. I think you'll find this to be a great resource.

-Jaden

Edited: 06/26/2010 at 12:41PM

Charles Perkins

Landlord · Seattle, Washington

2,986 posts
18 awards
83 influence

May 01 '10, 01:29 PM

George,
I to am new to BP and been a member of several other real estate networking sites. This is by far the best one that I have found and they do not tolerate spam. I especially enjoy the earnest help and concern that is shown here.

Enjoy your time here and look forward to your input.

Edited: 06/26/2010 at 12:41PM

Brian Haskins

Real Estate Coach · St. Louis, Missouri

421 posts
2 awards
50 influence

May 01 '10, 01:51 PM

Welcome George to BP forum, my name is Brian Haskins. I have been investing in real estate for 6 years. I would love to help answer any questions you may have or help you get started.

Brian Haskins

Edited: 06/26/2010 at 12:41PM

George Smith

Developer · Flamingo, Guanacaste

5 posts
50 influence

May 01 '10, 10:53 PM

Thank you all for nice welcome.

The site is nice with tons of functionality. I am still feeling my way around. ;)

Jaden, they are many deals in Costa Rica. It all depends what you like and your objective. They are many elements that play big role for each individual.

In short - potential is here, but it's not easy and many people lost money. It took me over twenty years to get where I am and I still face unexpected challenges occasionally.

For example: Just to get my building permits that alone took me over six years. On other hand would I go somewhere else? No...

Edited: 06/26/2010 at 12:41PM

Eddie Ziv

Real Estate Investor · Studio City, California

1,803 posts
9 awards
56 influence

May 02 '10, 12:03 AM

Hi George and welcome aboard. Every time I hear "Costa Rica" my ears perk. I love this country and I toured it twice. My daughter lives in Mal Pais with my son in law and my two beautiful grand children. They bought ocean view land in Santa Teresa in 2001 for $40,000 and sold it in 2006 for $420,000. (They did it with a partner.) They are living the dream. I almost bought land in Dominical (Yes, Canadian subdivision...:) but I never went through with it...

My hope is to retire in Costa... but I still have about 15 years to go...

All the best and good luck with your condo project.

Edited: 06/26/2010 at 12:41PM

George Smith

Developer · Flamingo, Guanacaste

5 posts
50 influence

May 02 '10, 12:41 AM

Thank you Eddie,

Yes, many people made ton of money buying at the right time.

I am happy for your family - perfect timing!
(ask them how much capital gain tax they had to pay) lol :)

Edited: 06/26/2010 at 12:41PM

Jacinth DeLuz

Developer · Waikoloa, Hawaii

82 posts
3 awards
50 influence

May 02 '10, 03:01 PM

Aloha George,

Welcome to Bigger Pockets, I think you will find a lot of good information here.

I would love to visit Costa Rica one of these days, I heard that is a very nice place.

Jacinth

Edited: 06/26/2010 at 12:41PM

George Smith

Developer · Flamingo, Guanacaste

5 posts
50 influence

May 02 '10, 11:16 PM

Hola Jacinth, thank you.

Yes, Costa Rica is not only nice, but the potential here is same like Hawaii was 50 years ago.

Now I just have to get around BP. So much to learn.

Saludos

Edited: 06/26/2010 at 12:41PM by George Smith