957: Seeing Greene: Flood Zones, New Builds, & Does Mexico's Cash Flow Beat the US?

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Investing, Business

4.8 • 16.6K Ratings

🗓️ 21 May 2024

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

Have you ever thought about buying rental properties abroad? It might surprise you, but investing overseas could bring in much more cash flow and appreciation than you thought possible. Bobby, a real estate investor from Arizona, moved his money down south, buying in both big cities and small tourist destinations in Mexico. He’s here to share everything you need to know about buying international investment properties and how you, too, can beat the US housing market by moving your money elsewhere. It’s time to practice your Spanish because, on this Seeing Greene, señor David Verde and Rob Abasolo are here to talk about investing in Mexico’s cash-flowing coasts and appreciating capital city. Bobby details finding properties for sale when investing abroad, how to get a rental property loan (and today’s mortgage rates), the challenges American investors will encounter, and the tourist markets to look for. Plus, we’ll answer some questions from the comments and listeners about buying in a flood zone, financing an ADU (accessory dwelling unit), and how to run your numbers on a build-to-rent property. Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: Investing in overseas rental properties and everything you need to know to find deals Financing investment properties in Mexico and the sizable mortgage rate differences Signs that your international investment is actually a scam (red flags!) Tourist markets with solid signs of growth and how to spot them so you can see BIG appreciation Should flood zones scare you, and when is it worth it to invest in a property in one Build-to-rent calculations and the top things the experts look at before buying a NEW property And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Property Manager Finder Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Access Exclusive Real Estate Investing Tools with BiggerPockets Pro Try the BiggerPockets Calculators Today Connect with Other Investors on the BiggerPockets Forums Grab David’s Book, “Long-Distance Real Estate Investing” Reach Financial Independence with the BiggerPockets Money Podcast BiggerPockets Real Estate 932 - Seeing Greene: When NOT to Build an ADU and How to Invest $300K (00:00) Intro (01:16) Investing in Mexico! (03:52) Financing Rental Properties Abroad (06:37) Finding Properties in Mexico (08:25) Airbnb-ing Abroad Tips (09:59) Airbnb Profit Numbers (16:27) The Problem with ADUs and HELOCs (22:41) Buy in a Flood Zone? (25:21) Build-to-Rent Calculations (29:58) Ask Us Your Question! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-957 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the Bigger Pockets Podcast Show 957.
0:05.0	What's going on everyone?
0:05.8	This is David Green, your host of the BiggerPockets podcast.
0:08.6	Today I am going to be joining you from Austin, Texas,
0:11.6	where we have a Seeing Green episode episode and I brought in my good buddy
0:15.3	Robbie Yawa solo to help. Rob, how are you today?
0:17.6	Very good, excited to jump into today's episode because we kind of talk about something that my mom did in the real estate world that
0:25.1	making me sweat a little bit after talking to Bobby today so for anyone that's thinking
0:29.7	about investing in Mexico you don't want to listen up.
0:32.3	That's right we're going to bring you mama drama, clarifying
0:34.7	80 you financing from a previous show, building duplexes and flood zones, what to
0:39.4	analyze when you're considering building a rent as well as calculators that can help you on that process.
0:44.4	If you have questions that you ever need answered, you could always ask them on the BiggerPockets
0:47.4	forums and let the community answer them for you.
0:49.8	Or if you want a chance to ask your questions on the show,
0:52.8	you can head on over to bigger pockets.com slash David.
0:55.9	The link is in the description.
0:57.2	So go pause this, send your questions,
0:58.8	and let's jump back in.
0:59.9	He's in Houston.
1:00.8	I'm in Austin.
1:01.6	We're coming to you from Texas.
	...

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