Thursday, November 04, 2021
Dear Your Overseas Dream Home Reader,
One beautiful evening in Cabo a while back, I swung by a special brokers’ event in the Quivira Resort where I spend my winters.
You wouldn’t normally catch me anywhere near a crowd of brokers gathered for something like this. But this was apparently a big deal and curiosity got the better of me.
The event was for a special launch for two-bedroom condos in Quivira. The brokers were offering “early access” pricing—and some free finger food for anyone who showed up.
They had banners, a small stage, big speakers, and a mostly engaged audience…
But what they were missing was the only thing I was there to see, a genuine discount.
The thing is, local agents generally fancy themselves as insiders with their fingers on the pulse. They’ll never admit to having higher pricing that anyone else. But in Quivira that day, the local brokers, despite all the razzle-dazzle, were faced with prices $97,200 higher than members of my Real Estate Trend Alert group paid months beforehand.
Members of my group got in on the same two-bedroom, two-and-a-half-bathroom condos in Quivira from $259,800.
These condos were then offered discreetly through the developer’s regular sales channels for $316,829.
By the time the brokers event was held, the price was $357,000, or more.
Needless to say, I didn’t stick around for the chardonnay.
The thing is, with every kind of investment, there are insiders and then there is everyone else…
On Wall Street the insiders are the fat-cats that get in early…and get out with millions in the bank. Regular folks like you and me…we’re locked out of deals like that. There is always a group of insiders who get there first, pick the best deals, and buy at the lowest prices.
As I told you yesterday, this is the reason why I don’t own any stocks. I won’t be the outsider lining someone else’s pockets. I refuse to play a game that’s weighed heavily in someone else’s favor. Especially, when I can easily tip the scale for members of my Real Estate Trend Alert group…
When it comes to real estate, we invest like the insiders do. Because in our world we are the insiders.
For over 20 years, I have been building a vast network of real estate contacts that gives us the edge over anyone else—developers, lawyers, financiers, and the who’s who of real estate. And this has helped me uncover opportunities for members of Real Estate Trend Alert that most other investors don’t even realize exist—the kinds of deals that are spoken about in hushed circles behind closed doors.
Thanks to RETA‘s group buying power, I can translate those insider opportunities to incredible off-market deals—deals where our price is significantly below what ordinary investors pay.
Indeed, our discounts are often so incredible that it sends local real estate agents into a frenzy.
In Playa del Carmen on the Riviera Maya for instance, I brought members an opportunity to own in a community called Siempre in 2017. Our members-only price at the time was from just $193,800. Way below what anyone else was getting.
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When the estate agents learned of the deal they started calling up the developer to complain.
“Who are RETA and how are they getting these prices?!”
They simply couldn’t compete. And the last thing they wanted was for their clients to find out that that our group was buying for way less than anything they could offer.
On that particular deal, members who got in are now sitting on significant paper gains. Last I checked, the units that members bought for $193,800 in 2017 are now listing for $314,333—a paper gain of $120,533.
And our deals keep getting better. This week RETA members got in on a deal in Tulum on the Riviera Maya that gave us the opportunity to own for $68,685…$88,770 and even $116,781 less that what folks are paying in neighboring communities—and they’re not getting anything close to the level of amenities RETA members are getting.
As a group, we are far more powerful than the sum of our parts. If I were to try and negotiate a deal on a condo just for myself, the developer would politely move the conversation on. But when I negotiate a deal for RETA members as a group, it’s a different story…
Our collective buying power commands attention that only the mega-rich can get on their own. We can offer a developer a high volume of quick sales and in return they can give us hefty discounts.
And word of what we can do is spreading like wildfire…
There was a time when it took me weeks to even get a meeting with a big developer. Trying to convince them to hand our group special discounts was next to impossible.
Now, RETA‘s reputation precedes me. And it’s often the developers trying to get a meeting with us.
Last week for instance, I sat down with developers in a stunning coastal stretch of northern Costa Rica, right at the border with Nicaragua.
I was there on invitation of a consortium of Central America’s biggest families who have come together to assemble maybe the most impressive land bank I have ever seen. They’ve bought huge tracts of land and invested more than a hundred million dollars in infrastructure in one of the great undeveloped corners of Costa Rica’s Pacific coast.
And they want to tap into Real Estate Trend Alert‘s group buying power to kick start what I think will be Costa Rica’s best set of linked communities.
That is, if they can offer us a discount that’s big enough to make it worth our while…
I’ll be telling RETA members more about this opportunity soon.
If you’re not a member and you want to benefit from the combined buying power of our growing group of real estate investors, as well as the insider network I’ve built over 20 years, you can join our group here.
Join today and you can take your membership for a 90-day test drive…you’ll have unrestricted access to everything…including any deals I bring to members in that 90 days. All the details you’ll need to join are here.
Wishing you good real estate investing,
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Ronan McMahon, Real Estate Trend Alert
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