We bought a house in Playa del Carmen, Mexico!

[@williamdunn1000]

awesome! Would be awesome to see a video of it after renovation

[@GoTocco]

Welcome to Playa. I moved here 20 years ago and love it. Viva Mexico!!!

[@profi1917]

Isn’t it everything runs by cartel over there everything so corrupted

[@NNNjeri]

I am soo happy to have come across your channel, I can´t wait to see the apartments after being renovated.

[@jgm3620]

Great deal and great project. Thank you for sharing all your numbers and for the visit

[@andrescv2665]

250k for a house in Playa del Carmen is not bad. The return is good also, because in 10 years that property will be more expensive. The best is that you own the land, in the future you can make a modern building/house.

[@alexorehowski3387]

It can go both ways. If IS economy slows Mexico will be hit hard. Just like during first year of Covid.

[@mischasepp]

You cant own the land 15km from.sea or something..so you buy a fatamorgana..when the condo go bankrubt the land goes to the bank or go ernment and you own nada..but if you get 10% roi hopefully in 10 years nothing happen and you ha e kind of your money back

[@investornabil8825]

@@mischaseppyou live in reality? The apartment isn’t a company. Xd

[@adventurefreaksss]

Good work on this video fellas. Playa del Carmen is a wonderful place!!

[@troycopeland2170]

you guys are making me want to move the Playa now...great info!! thanks for sharing!1

[@inspirehardware]

great project, and love the cat!!! You guys better keep him....

[@alejandrovergara1500]

That’s a great investment with lots of potential.

[@realsamuelhawley]

Congrats on a great deal, Ladislas! Very tempting!

[@TheWanderingInvestor]

Thank you Samuel

[@garrettmgunderson]

I was recommended your channel a few days ago, I've watched quite a few videos since. I own some rentals in the US, and LOVE your videos, thanks for making them! The video quality is high and more importantly it is chalk full of content. Your analytical style and thesis about keeping in good areas, liquid markets and price points, makes achieving your goals a lot more likely thank failing or losing capital. Do you have any advice for someone who is interested in this kind of thing but has a family? Traveling a lot is difficult with little ones.

[@TheWanderingInvestor]

Thank you Garrett. Glad you find the channel valuable for your research. As for the family, it’s just a matter of will. I travel a lot with my family. Your other half needs to be 100% aligned.

[@TK-ne2yo]

Good shit bro. We met at Bar Loco in playa a few months back. Keep it up.

[@TheWanderingInvestor]

I told you man, that was not me 😉😅

[@TK-ne2yo]

@@TheWanderingInvestor haha!!

[@milo23-v4s-z7y]

How many parties…;)Nice place really, very good deal, hope everything will go well. Brave you are 😊. Bravo! Thanks for sharing.

[@123sup39]

Great deal I'm very happy for you.

[@user-rw718]

No matter how good you think you know each other its always best to buy alone. I wouldn't ever want a partner no way because things always go sour in the end. Business is a cut throat world.

[@LooseSmile]

Great investment. I do believe prices there are going to go up in the upcoming years. Nice...

[@sherricobus-exprealtybrokerage]

Very exciting! Congratulations! So you know, you have to show the final product, right?! ;)

[@TheWanderingInvestor]

😉

[@AntonioR596]

It is good for foreign people coming to Mexico en make that kind of investment which affect the local people. It is something and hope soon the goverment can control and those properties do not become expensive for locals. We are waiting for mexican lawmakers to fix thaf and hope soon.

[@kacperorlik6355]

Great insight as always!

[@user-rw718]

Whats nice is that you have a home Depot down the road. Obviously you guys dont need advice but i would definitely rent two of those units on Airbnb or on booking. You could easily get 50$ a night or more if you really make them nice

[@andrewthacker114]

Sounds like a good potential property

[@hanslueschen5190]

Very thought provoking video, thank you. Can you tell me about La Selva area between Calle 38, Calle 88 and La Quinta? Is it possible that it will be preserved or will it be eventually developed? Thank you.

[@ColtonMetal]

cant wait for a follow up vid

[@b4bmm]

That looks like a really good buy. Can set up a coconut stand for some extra yield!! :)

[@sages101]

I don't like coconuts..

[@testadept]

Awesome. You had another property bought there.🎉

[@ednaakrish3581]

Sorry… not impressed… lots of “if” and “maybe” - No view what so ever…For $ 260,000 - you can still get a nice 1 large or two bdrms condo in FL - by the beach and/or intercostal - and easily get $3,000+ a month - year round - because resorts and hotels in the area charge $500+ per night - and are booked to full capacity! Even After your HOA and taxes you still have a nice return - on one unit! Best part: because it is actually BY the water - value grows by very high % - every year!! Stay local - find a bargain - still out there 👍 You two - good luck - Please come back in a year or so… prove me wrong…😏🙋‍♀️

[@DashingMax]

Pretty good deal 👍

[@hkim1191]

Better to buy now.. The dollar is much stronger today

[@MrMC-xg8qp]

This is a good deal. How far down 5th are you? After passing Calle 50 it gets sketchy. They're building a lot but you must make sure no one is building in front of you which obstructs the view.

[@RobertIsaacson-hi9sz]

You convinced us. We been checking it out. We need to get out of Todo Santos.way to expensive here. And we're out of water.

[@TheWanderingInvestor]

@@RobertIsaacson-hi9sz nice. Feel free to get in touch with Luigi, he can help: thewanderinginvestor.com/services/international-real-estate-services/my-real-estate-buyers-agent-in-tulum-and-playa-del-carmen-mexico/

[@DonManuel69]

So do you think investment in Colosio is as good as in Tulum? for sure this lot as more potential than a pre-sale 1bdr in Colosio. Nice find!

[@dovygoodguy1296]

Gosh, i hope Lad has a good staff to manage his worldwide activities. One person could never successfully handle all of this great stuff that Lad portrays in his great videos.

[@TheWanderingInvestor]

Good property managers are the key 👍

[@dovygoodguy1296]

@@TheWanderingInvestor Sure, including all the additional bureaucratic documentary stuff, etc. for business needs worldwide.

[@jalqassar]

Wow! Thats pretty.

[@nenameza2982]

I am a Mexican and I admire your courage for buying a house in Mexico 🇲🇽. I have to be completely crazy insane to invest one dollar in Mexico period. With the label of crime from the cartels, hope nothing happens to your investment. 🇲🇽🇲🇽🇲🇽😩😩😩

[@ChrisVillat]

Nice investment :)

[@Starknight00]

You are a super man .. dude.. u r all over the world .

[@MyLatinLife]

LOL

[@ManuelGarcia-dp4iz]

I’m interested in something similar 4 units.

[@TheWanderingInvestor]

@@ManuelGarcia-dp4iz get in touch with Luigi: thewanderinginvestor.com/services/international-real-estate-services/my-real-estate-buyers-agent-in-tulum-and-playa-del-carmen-mexico/

[@erdemulubas]

I’ve been to playa del carmen in 2020. This is a great purchase! But I don’t think that you can get away with $32k for reno 😅

[@henryl1572]

Seems like a fun place to live for 550 bucks a month, especially if you work online. I wonder what the rate of return will be after all the cost and stuff like that.

[@kobzar5398]

great BUY

[@tatotv4944]

Mortgage expense should be calculated in your net income balance sheet.

[@TheWanderingInvestor]

Cash purchase

[@ukjw2]

Mortgages are for poors

[@zacharyschiller7712]

Nice work man! Great video!

[@TheWanderingInvestor]

Thanks Zach!

[@MyLatinLife]

Epic man

[@pinschrunner]

$210,000 plus all those renovations for only $550/month rent per unit collected?😮

[@gabbeat]

arent there 5 units? thats a decent 2750$ / month if all is rented.

[@uplandarch697]

Good building good partner

[@LeeVerrill-ym2pt]

Nice video

[@gmg6200]

Those numbers look great! Congrats on a good investment!

[@TheWanderingInvestor]

Thank you 🙏

[@Stephen_567]

Unless value of this property skyrocket this is not good investment. 8% return is nothing special. And almost 100% projected occupancy rate is super optimistic.

[@laynefangs]

Luigi: "you can't put a price..." The price: 6:48 (and it's very good)

[@alejandrovergara1500]

How did you find this investment?

[@TheWanderingInvestor]

@@alejandrovergara1500 Luigi found it

[@brianleonard6885]

Bravo

[@lobo595]

Did you get debt? At what terms?

[@TheWanderingInvestor]

@@lobo595 cash

[@craigstrachan7046]

You wouldn't want to be in the way of one of those coconuts when it falls from that height.

[@TheWanderingInvestor]

😅

[@craigstrachan7046]

@@TheWanderingInvestor Coconuts aside, it looks like a real winner of an investment - congrats! (I'm sitting here in L.A., just marveling at $100,000 to add a floor and multiple units. Not to mention the $200/year property tax!)

[@stevenoliver7120]

I was actually hit on the head by a falling coconut in Puerto Rico. It knocked me to the ground but there was no permanent damage that I know of.

[@TheWanderingInvestor]

@@stevenoliver7120 😅

[@kapteng]

Wondering if financing is available like the states? Thanks

[@TheWanderingInvestor]

Unfortunately not. Only at really high rates.

[@directrue1742]

I'm looking for a 2 bedroom single house in Playa cash buy...

[@TheWanderingInvestor]

Luigi can help: thewanderinginvestor.com/services/international-real-estate-services/my-real-estate-buyers-agent-in-tulum-and-playa-del-carmen-mexico/

[@NitishYadav-lb7zc]

But foreigners cant buy land 50 km from the coast line

[@TheWanderingInvestor]

@@NitishYadav-lb7zc foreigners need to use a bank trust

[@oscarport8828]

Can you recommend a real estate agent in San Miguel de Allende

[@TheWanderingInvestor]

@@oscarport8828 I don’t. Thanks for asking

[@MikeandBenjieinMiamiBeac-fd2no]

Did you ask yourself why he needed you in that business? Was it purchased with your money entirely with a half off?

[@user-yy3vd9vx7y]

Deal!!!!

[@Matthew86Torres]

I am looking for something just like this!!! Can I have Luigi’s contact info? Thanks!

[@TheWanderingInvestor]

Here: thewanderinginvestor.com/services/international-real-estate-services/my-real-estate-buyers-agent-in-tulum-and-playa-del-carmen-mexico/

[@jce5479]

That coconut tree is a little dangerous isn't it? hahaha

[@TheWanderingInvestor]

Yummy though

[@rogerdiaznyc]

Lol. NYC prices. I was renting a studio a block from the beach in Colosio for $5000 pesos. $550 US for a room that's what you pay in the Upper West Side.

[@siegem72]

Luigi looks and walks like Nick Lachey

[@Sanvisible476]

The Mexican dream of Americans.

[@nancyballesteros7383]

sad for us mexicans... but true

[@ChristopherGeneva]

skip the $4k per year cleaning fee lol

[@fidelmontagu7262]

To risky and violent...

[@mariovazquez1011]

Why you say that ?

[@steveb.5617]

Yes you might be 9 minutes to the beach but the beach is full of seaweed that smells and looks really bad. The clip in the video shows it all. I just came back after a 5 week visit to PDC and I will not go back. The smell was so bad on the beaches most days. I liked the city but not the beaches.

[@ukjw2]

The beaches around town aren’t the best, especially since the growth and now seaweed. Plenty of nice beaches close by though.

[@ImUniqueBella]

Next time research the season. 😂

[@markalford9535]

June grass affects the entire Gulf Of Mexico. We get it in Destin, FL regularily.

[@renemelgoza5654]

You guys get excited by an 8% return 😂😂😂. 8 % + the hassle = poor investment. And u bragg about it in KZbin. Doing a fake KZbin "We bought this" would yield a better return in payouts on multiple platforms 😅😅

[@renemelgoza5654]

By the way contact me if you want 12-15% return as investors without doing any of the work yourselves

[@Zoltar1811]

That’s 8% before tax and with 2 people involved. sod that not worth it at all rather just bank the money in a high interest and chill

[@investornabil8825]

Dummie comment.

[@ruster306]

Playa del CRIMEN.....a lot of crime....every day ...

[@kt9l]

So you're going to put your tenants through a year of construction above them lol Bunch of idiots.