Guam Real Estate Experience and Advice

[Sal San]

Has anyone invested in real estate in Guam? I visited this lovely island a few weeks ago and was impressed by the development in the area. However, real estate SFR is quite high with an average median cost of about $380k for a decent 3 bdrm home. Any guidance or experience with the real estate in Guam?

Thanks in advance.

[John T.]

@Sal San Hafa Adai!  My wife and I started investing in buy and hold RE out here about 2 years ago.  We are both from here - born and raised.  So far we acquired two properties, not including our primary residence and currently looking for another.  Yes, costs are high...mainly because the cost to build is high...being concrete and all.  Cash flow works best when investing in rentals for military personnel.  Section 8 is another way to go, although that's a different monster.  Hope this helps.