REPORT: A Lifetime of Income: How to Turn Real Estate into a Money Machine
Generating rental income is a key part of the two-step profit play in many of my recommendations to you in Real Estate Trend Alert.
By Ronan McMahon
Generating rental income is a key part of the two-step profit play in many of my recommendations to you in Real Estate Trend Alert.
There’s something about buying a property overseas. The purchase process is alien compared to the one back home…you don’t speak the language…and it’s all so exciting and full of possibilities. It’s easy to get caught up in the buying process, and it’s very easy to get carried away. You need to remember that some things stay the same. Don’t leave your common sense at home.
In April 2017, I brought RETA members the chance to lock down 2-bed condos from $193,800 in Siempre Playa, at the heart of Playa del Carmen’s Zona Dorada.
In November 2016, I recommended condos in Singular Joy just off Playa del Carmen’s bustling main drag, 5th Avenue. Our members-only pre-release price was $143,800. The last time I saw a listing in Singular Joy for a condo of this type, it was at $209,500.
Set to become a byword for boutique luxury and hot demand for rentals, Singular Dream is in the lushest, greenest, and most desirable part of Playa del Carmen—one of the world’s top vacation destinations.
The Village is a sanctuary of the highest-end luxury. This community is set within Corasol, an exquisite gated community of nearly 500 acres guided by a strict master plan that emphasizes low-density development and preservation of green space and is focused on creating a luxury resort experience the moment you pass through the gates.
Paravian is in the heart of the Zona Dorada, which has utterly transformed since I first visited this neighborhood in 2017. I could see immediately big things were coming. And coming fast.
In Playa del Carmen, the weather is sunny and warm all year. The dining scene is exceptional. And the beach is just four blocks from our Syrena opportunity where, in January 2019 I brought RETA members the chance to buy pieds-à-terres at incredible members-only pricing from $104,800.
Several months after its launch, the Sunrise at Corasol deal was canceled. This is only the second time in RETA‘s 13+ year history that we have faced this situation.
Tao Tulum is located within the Aldea Zama community, which has its own gourmet market and other little shops, restaurants and cafes, and a weekend organic farmers’ market.