Rental Property Investor · Port St. Lucie · Member since 2013 · 137 posts · 96 votes
9y
Great question...I would also be interested in better understanding the opportunities. I know there are some great tax breaks so as to spur investment, but not much else.
Rental Property Investor · Port St. Lucie · Member since 2013 · 137 posts · 96 votes
9y
Great question...I would also be interested in better understanding the opportunities. I know there are some great tax breaks so as to spur investment, but not much else.
Castlewood, VA · Member since 2012 · 177 posts · 57 votes
9y
I've made $$ in Detroit and I've also followed PR for several years hoping for a crash. Thus far, no luck. Too many buy the dips folks looking for a beach house out there looking for a bargain.
If anything, a BK filing would be viewed as bullish like it was in Detroit. Lingering debt was a ball n' chain on growth. Look at Detroit prices today and it's ridiculous with the flippers and wholesalers and every other short term oriented person hyping appreciation %s.
Steady stream of cruise ship passengers every day of the weekend into Old San Juan. Big tenants sign NNN leases. Ge a commercial building and start reaching out to the big tenants that give you a corporate guarantee of the rent.
No storm, can beat a corporate guarantee from a billion dollar company. You will get your money, no matter what happens to anything.
I saw you had some AirBnB.s in Rincón, very nice place!. I can imagine they are good to have. PR has so many nice places and there are so many good opportunities over there you just have to be resourceful. Once this Corona thing is over I will head over to PR. I have planned to move to OSJ since the gecko, but this virus stopped my plans, but I am sure it will be over soon.