By Ronan McMahon
Round Table
I’m waiting on a phone call as I write…one that will release a killer deal that I’ve negotiated on behalf of our group. A deal that will hand us capital gains…and line us up for outstanding potential rental income…
I never thought I’d see a deal like this, on a condo with this kind of setting, at this price level in Cabo… I’m talking about the deal I’m finalizing as I write exclusively for RETA members.
It’s a deal I never thought I’d get in a place like Cabo…the getaway destination of choice for the jet-set, Hollywood stars, and business tycoons…but thanks to my connections and the strength of our little group, we can buy high-end condos at a deep discount.
At 1 p.m. E.T. today, our chance to lock down a condo in The Fairways at Mavila community in Cabo opens…and you’ll be in line for some big gains. I’m talking expected capital appreciation of $190,200 in five years’ time…and annual gross rental potential of $40,000 (with the right marketing).
Tourism in Cabo is on a tear…and we can make some serious money…as much as $40,000 a year in rental income…on a condo we can buy at a members-only price of $259,800. That’s a 15.4% rental yield. That’s double what you’d make in most major U.S. cities if you bought right now.
I’m on the road for as much as half the year. My beat is Europe, Asia, Central and South America—anywhere that promises real estate profits. My scouting trips have taken me to some of the world’s most beautiful cities. And to some spots I’d happily never visit again.
Great to chat to you again. I’m talking to you from Ireland for your June 2018 Notes From the Field podcast (your monthly podcast that gives you insight on my latest travels)…but Ireland isn’t where my focus is.
Welcome back to another edition of your Month in Review. This is the monthly round-up I put together to remind you of what’s been happening for our little group, how our deals are performing, and anything else I think you need to catch up on.
Northern Nicaragua is what I consider the last great frontier opportunity in Central America, but tourism and development are coming fast. This could be the last chance for savvy investors to make big gains.
I wrote yesterday about the Path of Progress that’s barreling along the coast towards the province of Rocha in Uruguay.