New member from Mexico

3 Replies

Hello BP investors,

Just joined to the community, looking to learn about real estate in the US and Mexico.

However Im having a hard time to find information about investing in Mexico,

For my first investment I'm trying to do the numbers to find a good property with good cash flow

Do you recomend any property management company in Mexico?

Im located north of Mexico in Chihuahua city

Looking forward to learn

Buenas tardes Luis,

I have lived and worked over 10 years in different parts of mexico (i work in the hospitality industry). I looked into investing in RE in mexico varios times but i never did :

-Getting financing was very expensive and/or very difficult to get (for me)

-Because of the very high financing cost, the number did not work...

-Being a non citizen, I have to go through a fidecomiso which makes buying on a small scale much more expensive.

-I moved around too much (because of the type of industry I am in)

Looking back, not investing in rental properties in Mexico was a good decision for me (being a foreigner and moving around a lot). Especially now since mexico is going through a diffcult social/security crisis..

On the other hand, I would love to hear about your investment experiences and projects. Please share ...

Hola @Francisco Cimon

Thanks for your feedback, as a Méxican citizen is much easier to get finance, however im also struggling with te Numbers, my plan is to start my first project by te end of the year

I dont the see the security issues as a problem, At least not in the city im locating

I will definetely will share my experience as soon as possible

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