Estimated Reading Time: 7 Minutes How far are you willing to go to buy a second home? Some people drive for days to get to their second home and don’t realize that it is quicker to fly to Costa Rica. How would it be to own a vacation house or a condo in Costa Rica?…
Estimated Reading Time: 7 Minutes Before buying a condo in Costa Rica, you first want to know if there are any vacation rental restrictions in the condominium. There are already some condo owners in Costa Rica who have had their problems with the condo administration about their short-term rental clients in their condo. Some do…
Estimated Reading Time: 5 Minutes Did you know that buying turnkey real estate can be an incredible deal? Sad enough, there are lots of sellers in Costa Rica who want to move back home. Each one will have their story to tell, but that’s for another day. Many sellers don’t want to take their furniture…
You might not be able to retire for another few years. For sure you have the picture of your dream retirement home tucked away in a corner of your mind. Maybe it looks pretty much like the home in this photo? Did you know you use a self-directed IRA to buy a vacation rental? Retirement…
Many homeowners forget to give their property manager the necessary powers of attorney to do the job. Then they find out when it’s too late. This is more or less how it happens: Everybody involved in the real estate closing is exhilarated, the buyer most of all. Of course, she is. Susan just closed on…
I published the first 3 tips on how to turn your Costa Rica house into a successful vacation rental last week. My wife and I purchased a house in Costa Rica before we were ready to retire. Now we are trying to cover the cost of the maintenance of the property by renting the property…
In this blog, and another one next week, I will provide some tips to turn your house into a successful vacation rental. These tips may assist you to increase your success rate if your intent is to purchase a property to rent out part or all of the time. This is based on my own…