All Forum Posts by: Andrea Heffernan

Hi Troy, I lived in Eugene up until recently. I invested out of state for several reasons, one of them price. I got in for much less out of pocket, cash-on-cash was nearly double, appreciation was just as good if not better. I would suggest looking into out of state investing in the right state. It will cash flow far better than Eugene and the percentage of appreciation can be just as good as well depending on the area. On top of that, and usually very important for getting started, the cost to entry is usually much less. Next year we should get to a buyers market which should help in your situation as it's been a sellers market for a while now. Whatever you choose, all the best in your real estate journey! Enjoy Eugene, and Go Ducks! 

Hi @Val Berechet, thanks for your input too.  And I completely agree. Even from Portland, OR (where I am) there are direct flights, and only slightly longer flight times to you. But with a 2-year-old, traveling and destination choices become a trivia of how many hours can she sit still, etc. And our recent trip to Riviera Maya (flew into Cancun but stayed in Isla Holbox, Tulum, and Playa) was perfect for us. I presume many other families or even people without kids prefer the proximity. I've been all over the Caribbean islands, and I mean traveling within the countries, not just staying at the resorts, but even then, I feel Mexico has more to offer and I genuinely have a great time. As an avid traveler trying to get as many new stamps in my passport, I rarely repeat the same country or area but Mexico is one country I keep coming back to.

As for the Tren Maya, and also the new Tulum international airport, combined will double the number of visitors to the area (by some internet article's data). And the number of accommodations/rooms in the area doesn't meet demand already, and it's only going to increase. It's safe to say the short-term rental and resell market value will be high for quite a while longer. Even during "low" season, they're commanding premium prices, much stronger than relative properties for rent in US coastal towns/vacation destinations.

Plus, the tacos...

I’m operating on the East coast of Florida, and am filling my calendar for the rest of the year. Quite a few folks who had booked on the SW coast are looking to book with us on the other side. This has been the quietest time of year for me (since 2019 when I started…not a lot of history, to speak of).