All Forum Posts by: Jeb Brilliant
Jeb Brilliant has started 94 posts and replied 584 times.
Post: Buying Investments in Belize
- Rental Property Investor
- Long Beach, CA
- Posts 623
- Votes 155
Originally posted by @Account Closed:
Originally posted by @Jeb Brilliant:
Originally posted by @Account Closed:
$250,000 in Belize or Vegas. Vegas 90% occupancy....its a given.
Vegas in USA. Belize isnt.
I don't disagree but... What kind of A+ 4+ star property can you buy in Vegas for $250k?
Trump, MGM, Palms......city center moderately higher.
Jacque, I feel like a total newb, I had NO idea you could buy into those. I'm curious what they go for and what they're like. Do you have any experience with them?
Post: Buying Investments in Belize
- Rental Property Investor
- Long Beach, CA
- Posts 623
- Votes 155
Originally posted by @Account Closed:
$250,000 in Belize or Vegas. Vegas 90% occupancy....its a given.
Vegas in USA. Belize isnt.
I don't disagree but... What kind of A+ 4+ star property can you buy in Vegas for $250k?
Post: Buying Investments in Belize
- Rental Property Investor
- Long Beach, CA
- Posts 623
- Votes 155
Originally posted by @Emily Coia:
Hi Jeb - a good friend of mine lives on Ambergris Caye and works in real estate development. She may be able to help you out with more information. I love it there, but haven't invested myself due to the financing requirements. I'd be glad to connect you two if you're interested!
Emily that would be amazing if I could talk to your friend or text or email etc. Please DM me or I can DM you, whatever you prefer.
Post: Buying Investments in Belize
- Rental Property Investor
- Long Beach, CA
- Posts 623
- Votes 155
Originally posted by @Bob Floss II:
One of my clients bought property on the ocean just outside Palencia. They built a house and two cabanas and put them all on airbnb. He said the returns have been even better than he projected. The down side was he had to fly down there every other week to make sure the contractors were actually working. It took a long time to get the work done.
But once he had it done he's got a cash cow for years hopefully!
Post: Buying Investments in Belize
- Rental Property Investor
- Long Beach, CA
- Posts 623
- Votes 155
Originally posted by @David Zheng:
Went there last February and asked about the local real estate market too. the nicer developments you were talking about seemed to be pretty empty, but I guess its just not really "hot" yet thought I expect it to be soon.
I myself stayed on san pedros in the middle of the town in an Airbnb. reasonably priced. Theres just so many old buildings that could be bought up and rehabbed, I feel like you'd have better luck doing the airbnb thing
Are there easy to find maids that can and will service your AirBnB on Ambergris Caye?
Post: Buying Investments in Belize
- Rental Property Investor
- Long Beach, CA
- Posts 623
- Votes 155
@Anthony Wick let's DM, I think they're setting up financing now but you have to jump through LOTS of hoops.
Post: Buying Investments in Belize
- Rental Property Investor
- Long Beach, CA
- Posts 623
- Votes 155
@Dan Baker thanks I'll ask about the $100k but I'm pretty sure I would OWN the land and building on it.
BTW GREAT idea to check AirBnB for occupancy levels. Thanks!
Post: Buying Investments in Belize
- Rental Property Investor
- Long Beach, CA
- Posts 623
- Votes 155
Hi @Ricardo Diaz I am having a really hard time finding information about occupancy rates in Belize and worse yet the associations I contacted aren't responding.
I really like the idea behind this but must hash it out some more.
Post: Buying Investments in Belize
- Rental Property Investor
- Long Beach, CA
- Posts 623
- Votes 155
Originally posted by @Jon Paszkiewicz:
Lol can't go now because of Zika. Is the hotel you are looking at right on the cayes?
It’s on Abergris Caye.
I learned something interesting about Zika, it’s not like herpes in the sense that it’s always in your system, it’s more like the flu it a cold in that you have it and then after a period of time it leaves your system. Though with Zika it’s an extended period measured in months it’s still ok for young people like healthy children to visit affected areas with no concern it will affect their future children.
Post: Buying Investments in Belize
- Rental Property Investor
- Long Beach, CA
- Posts 623
- Votes 155
@Jon Paszkiewicz Don't forget to send a postcard.