[newgame]

(06-02-2017 07:22 PM)worldtraveler3 Wrote:  

I think Rvf members are slightly more biased towards countries where there are more hotter girls, e.g. Colombia. But life is not only about girls, there are a lot of thing which Chile is better than the rest of latam, streets are relatively clean, more modern, etc. if it's just about pure investment and relax, you could go have a look, not everyone wants to be a 24/7 player in Medellín I would think.

I'm speaking solely about investment; I never mentioned women. He's calling Medellin a shit-hole; sounds like you've never been to Medellin either or you wouldn't be talking about clean streets, modern, etc.

[Irish]

You should try asking all your buddies on Facebook and instagram to see what they think?

[Shimmy]

I don't think there are many guys on this forum who have visited Santiago. The girls in Santiago are MUCH more flakey than girls in Medellin. They are both flakey but I have never visited a city in the world that the girls were as flakey as Santiago. The place seemed like paradise my first day there then after 2-3 days you realize its all smoke and mirrors. As far as attractiveness goes I don't think either cities even come close. I did not visit any ghettos in either Santiago or Medellin, but Poblado absolutely blows away any of the nice areas I visited in Santiago. I just spent over a week in Australia though, so if you do happen to pick Santiago it will be quite the upgrade.

[Dream Medicine]

Note: this post is off-topic and has no Chile-specific intel

Mr. 'Australia Sucks',

I have outlined some things for you to think about below, centering on the conflict that arises in part due to your posting style. I hope you see this as constructive feedback that could help with (a) your own self-development, (b) your relationship with people on this forum, and (c} improving your chance of gaining advice here. Although it may not be easy to accept all this feedback right now, let alone take it all in, I am confident that if you firstly ask yourself "How can this help me?" and follow up by taking action, you will enjoy a number of rewards in the long run.

As I am the only member to have verified you in person I feel somewhat compelled to jump in here. Although you dismissed my last plea to cultivate a positive mindset by continuing to complain about Peru, I'm going to give it one last shot because I want to give you a chance and I recognize your potential to add value.


1. Openness to feedback

In response to Thebassist, notably:

(06-02-2017 09:45 AM)thebassist Wrote:  

You should consider being more respectful toward the opinions of members who are relaying to you their impressions of Chile that are formed over much longer periods of time than you have had in the country...

...you replied:

(06-02-2017 10:09 AM)Australia Sucks Wrote:  

I do consider what others say but at the same time I have seen a lot of places hyped up on the forum that did not deserve it, so I am a bit skeptical now.

This is another way of saying "I have limited experience in Chile and would like to get help BUT I will harshly question the advice given because I have been burnt before". Put simply, this is disrespectful and it's no wonder that you have received a lot of push back. RVF is filled with guys that find satisfaction in helping other members, but unfortunately you are shooting yourself in the foot by reacting so defensively.

It seems that you haven't considered how frustrating it can be when someone takes the time to respond to a request for advice and to then have this advice thrown back in their face or ignored. Given how common it is for rookies to ask for help and then fail to help themselves by rejecting the advice provided to them (see here for one example), you can imagine that unless you drop your defensive and cynical posting style, you can expect to receive less and less help.


1.1. Information online

It seems like you came to Peru with high expectations of easy bangs, became frustrated by your lack of results, and dumped responsibility in the hands of forum members rather than yourself. This resentment seems to have resulted in persistent injection of unwavering pessimism into Peru-related threads, along with a steady rejection of personal criticism.

Without a doubt, I agree that a lot of guys online exaggerate how awesome their game is and how many hot babes they slayed. It's common to see simple reports, without any detail of the work they put in or any personal characteristics, written as if the dude laid hotties without much effort. Therefore, I always recommend readers to view any online claims with a skeptical eye, especially from guys who have not been verified in the real world and do fly-over trips. Changing your location can do wonders for your results, but hot girls worldwide take serious effort to bang.

None of this absolves you from taking ownership for your own experience.



Re-frame

--> A more positive re-frame could be "I am going to listen to advice from people who have enjoyed more success and experience than me, with a mindset of learning and openness. Whenever I receive feedback, I will firstly ask myself 'how can I learn from this?' Further, when evaluating information online I will temper my expectations and do my due diligence by conducting thorough research of my own." <--


2. Speculation and generalisation

One of the most important points of this thread is that you need to spend a lot more time in Chile before you could come close to making a justifiable decision about buying property. A related point is that you need to spend more time invested in the process before asking for such help.

In addition, you are making broad claims about Chile based on very little time there. You stated that Santiago is a "daygame paradise" despite the fact that you only spent one day there. Instead, I encourage you to consider the following:

(06-03-2017 08:54 AM)Shimmy Wrote:  

... I have never visited a city in the world that the girls were as flakey as Santiago. The place seemed like paradise my first day there then after 2-3 days you realize its all smoke and mirrors.

I am glad you had a good time in Chile! My concern here is that other posts of yours seem to likewise imply general statements rather than purely personal anecdotes. Such premature generalizations could be lead to unreliable conclusions, and I urge you to adopt a more measured, tentative outlook. Newgame put it bluntly:

(06-02-2017 05:15 PM)newgame Wrote:  

...you should be asking questions and paying attention instead of making assumptions based on almost zero experience.

Re-frame

--> "I had a good time in Chile however because my experience is very limited I'll need to spend a lot more time with my boots on the ground before I can make any broad conclusions. In recognising the risks of developing beliefs and making decisions based on potentially faulty generalisations, I can see that it would be a good idea to get more experience and to remain open to new information. Similarly, listening to people with more experience will be of great value." <--



3. Attitude

In response to criticism about your negative views on Peru and other places, you seem to fall-back on the idea that your experience is valid just because you had it. In doing so, you fail to consider that the utility of relaying bad experiences is likely to be questioned unless they are qualified by honest self-awareness and a balanced illustration of some positive aspects. Further, if a poster demonstrates a negative mindset in general, it is difficult for the reader to conclude which parts of the poster's perceived experience are an accurate reflection of the objective situation, or merely the result of an overly pessimistic view. I urge you to consider that readers can get a glimpse into your overall attitude without even looking at the content of your posts, but rather, just by seeing your username.

Online forums attract an unfortunate amount of negativity, and at a level that would not be acceptable if the contributor was talking to someone in real life. Conversely, consider the online vibe and positive in-person reps of Vinny, Windom Earle, Linux, Dantes, Irish, Papi Rico, Kangaroo, CodyB, Birthday Cat, Thoughtgypsy, Tokyo Joe, Merenguero, Rudebwoy, Rottenapple, Bushido, Scotian, Cr33pin, Onto, Global Entry, Fortis, MaleDefined, Clean Slate... etc (this is just a small sample of members that are well-regarded offline).

Now, what is the point of dropping these names? I first want you to consider that these are some of the men working behind the scenes to build a genuine brotherhood by adding value to each other's lives, much of which comes through a combination of positive behaviours and sharing entertaining, funny, interesting, insightful, upbeat thoughts/vibes. Second, it begs the question - have you ever met any (non-commercial) guys who have a great social and sexual life but constantly complain? Perhaps it would be useful to think about how your life could be improved through fostering a more optimistic outlook, by showing more respect to guys with more experience, and by doing more networking in the real world so you can get some honest, precise feedback.

Re-frame

--> "Whenever I start to complain, I will gently remind myself to take a deep breath and re-focus on something I can appreciate or look forward to. Every day I will consciously make the effort to practice gratitude and can expect to feel lighter and lighter with each day that passes, along with improved relationships with the people around me. I also recognise the value of developing friendships offline and will take any opportunities I have to meet fellow RVFers." <--




3.1. Get Loose

I think getting out of your head and getting loose could be key to allowing yourself to have fun, considering your by-the-books approach;

(03-27-2017 06:12 PM)Australia Sucks Wrote:  

I do not drink alcohol, do drugs or smoke and I am not a fan of night game.

(03-27-2017 09:54 PM)Australia Sucks Wrote:  

I do not drink coffee...

I can definitely respect your self-control here. Now in terms of getting laid, creating fun with women or having a blast with fellow players, you are more than likely to make some gains by loosening up.

Re-frame

--> "My ability to maintain self-control is a reflection of my own power. Yet sometimes it can be fun to relax, try something a bit crazy, and to let all my inhibitions dissolve. I don't have to take everything so seriously. What's more, a lot of girls will be more attracted to me when I bring the party, don't give a fuck what happens, and act boldly." <--


4. Responsibility

Another essential mindset for any self-actualizing man is the acceptance of personal responsibility. You seem to attribute your lack of success to external factors and downplay the contribution of your own game. Having too much pride is a common barrier that prevents men from achieving the success they really want with women. It is hard enough to admit to yourself that your game has some limitations, let alone in public, so I understand the difficulty here. Just keep in mind that people will respect you a lot more if you can acknowledge your weaknesses or mistakes rather than deflecting criticism with counter-attacks and by blaming external constraints.

There is no way around it - if you wanna get good with women you need to stop blaming external circumstances (like being in Australia) or uncontrollable personal traits (like your skin colour) and start asking yourself some honest questions about what you can work on. The truth may hurt now, but stagnation will come back to haunt you later. I could whine all day about how being below average in height means I can never bang ladies like a much taller man could -- and I could note that it would be true -- however, it would be far from helpful. After all, our view of the world is a reflection of ourselves and our focus determines our reality.

Re-frame

--> "I have the power to enhance my quality of life, and by being honest with myself about my strengths and areas to improve, I can maximise my own growth. It feels great to know that I am not a passive victim of my surroundings, but rather I am self-made man that can forge my own path. As self-mastery is a marathon not a sprint, I will be accepting and patient with myself, and I will savour any progress no matter how incremental." <--




5. In summary

(a.) Cultivate a habit of positive thinking and expressing gratitude daily,
(b.) Take your time to gain more knowledge and experience before drawing broad conclusions,
(c.) Practice letting go of what you cannot control,
(d.) Focus on your power to improve your life by accepting ownership, taking action, and modelling others who represent aspects of your desired self,
(e.) Don't be so serious. Enjoy letting loose now and then.

In closing, I think it'd be best for me to give you more personal, nuanced feedback privately, so again feel free to get in touch off the forum. In addition to these areas for consideration, I also recognize that you are an intelligent guy who has put a lot of work into getting out of your comfort zone, that you have developed considerable self-control, and that in view of your youthfulness, you have plenty of time to grow. Be patient and gentle with yourself.


Readings

RVF

- H1N1: "Re: The dangers of the red pill"
- Guriko: "Re: The 'I am thankful for' thread"
- Dream Medicine:
i. "RE: Drix's Adventures in Arequipa, Cusco and Puno 2017" (topic: adopting a positive mindset)
ii. "RE: Massive Melbourne, Australia Datasheet" (topic: dealing with over-analysis, and letting loose**)
iii. "RE: How does one deal with a long dry spell?" (topic: the 'why' and 'how' of RVF networking)

External

- Steven Parton: "The Science of Happiness: Why complaining is literally killing you"
- Art Markman: "Control and Health" (topic: how the perception of control impacts wellbeing)

Vids/Audio

**Video Recipe for Pre-Club Boostin

- 0 fucks given from Lil Jon and the Eastside Boyz, plus Mystikal and Krazy Bone - "I Don't Give a Fuck"
- 1 biiig cup of pimp syrup à la Three Six Mafia, UGK and Project Pat - "Sippin on Some Syrup"
- 2 steps of playful high-energy through the Lonely Island - "I'm on a Boat"
- 3 seconds before you go in with the raw sexual dominance of Tech N9ne - "Don't Tweet This"

[worldtraveler3]

Nope haven't been to Medellin but I have been to Santiago and stayed a month there. What I meant was not reference to Medellin . What I stated is reference to rest of latam in general- when compared to whole of latam Santiago is indeed cleaner and more modern than most of other latam countries . However there are some places with better women. So in that respect and having a closer affiliation with European culture definitely helps when it comes to investment purposes. But he's gotta look in other forums as well. Here doesn't really sound like he's getting along with others .

[Off The Reservation]

AS

I really like this thread because it has so much more than meets the eye. Thanks to Dream Med for that incredible reply. Done with kindness, True Aussie style brother. TG and GlobalMan have also dispensed priceless advice to you for free which I hope has benefited other readers who took the time to read it carefully with a receptive mind.

Do you actually have the money AS or is this just a hypothetical exercise based on your one day visit where you extract the knowledge from others but don't have a concrete plan to do anything? I think I know the answer and this is a lot of the problem here.

By the way thanks for your declaration that Chile is not about to become the next Brazil. I'll run down to Brickell and tell the investment banks what you said. Dang, a lot of people were waiting on someone to tell us what to do. Also thanks for the real estate advice even though you are asking for advice I see you tell us that you can get a nice area of Santiago for 150K. Which area was that? And you know Berlin as well I assume.

What you should be doing with your money rather than stashing it away on a liability far far away in a place you have demonstrated you don't understand is creating income that can be locally controlled managed and grown. Even though you mention renting the Chile property how do you plan on accomplishing that given your ineffectiveness thus far in dealing with the country? I understand that this is hard to do with small amounts of money but it should be possible to create some kind of income. I would personally rather own a small rental property in Scone or Broken Hill that was cheap to buy and paid me back $350 a week in rent than own a low end property in Chile that you cannot manage and will hit you with hidden costs. Your attitude will also cost you dearly in Chile. I can see the gentle shrug of shoulders and withdrawn and slightly cold tilted brown eyes looking at you after demanding some inexplicable payment. But this was the person you "thought you could trust!"

You asked for "pointers from forum members on what towns/cities (and what areas within those towns and cities) I should look at" which is like asking others to do your work for you, but I just gave you the answer. ↑

So I've done business in Chile and been to a lot of places there. BTW I've also been to all 13 South America countries and have yet to hear from someone else on RVF who has. I personally like Chile and can envision spending time there under certain circumstances although Santiago would be my last choice. Chile is also widely regarded as being some sort of better example of a South American country and rightly so. The business climate and ability for foreigners to own things is decent. That being said it is still South America, meaning you could still get robbed, killed, ripped off for no reason, and that the country could turn on a dime even though it is "less" likely.

I am a businessman (not in property at the moment) and as such I see things in your words. If I were in property I wouldn't deal with you. Let me tell you who will: your carelessly tossed out list of requirements plus your statements like whether you can find an agent you can trust are guaranteed to get you deftly ripped off. What you wish to do is abdicate your responsibility over your (future) money and decisions and leave it to others. I'm sure this was read between the lines and the reason the other forum called you a troll. I am not calling you one.

What really caught my eye in all of your replies was the comment about finding a warm place in the south. I wish you luck with this. I also wish you luck finding financial health throwing your money away, obtain unlimited value points with a limited price, finding safety by moving to South America, being less frustrated by moving to a place you find frustrating, communicating without language, reasoning by talking from somewhere other than your head, escaping the tax man by moving assets to an unknown, and finding the perfect dream property at a working class price.

Let us know how you do. And by the way, Australia doesn't suck.

[Australia Sucks]

Dream Medicine and Off the Reservation, thank you for taking the time to read my posts and dispense personal advice.

Off the Reservation I will address your important point:
"Do you actually have the money AS or is this just a hypothetical exercise based on your one day visit where you extract the knowledge from others but don't have a concrete plan to do anything? I think I know the answer and this is a lot of the problem here."

I will realistically have the money within the next twelve months by:
-Working to save a little bit more money
-Selling/cashing out a small portion of my existing investments
-Borrowing a modest amount of money from my parents
I have done the sums on how much money I can get from each source and how long it will take. Obviously I must however be careful about disclosing very personal information about myself on a public internet forum. I promise however that it is not me just performing some mental masturbation. I thought it was important to clarify that so others know I am genuine about it.

I understandably seem to have ruffled some feathers on the Rooshvforum, because I admit sometimes my posts were low quality or not well thought out. I apologize for that. Also Rooshv forum members are a tough crowd. I feel the thread has derailed somewhat from its original intention about investing in Chilean real estate. There are a few forum members (both here and on AllChile) who have gone out of their way to answer my questions thoughtfully and generally have been helpful, so I feel it may be wiser for me to p.m. those specific members rather than continue the discussion on here.

p.s. Although I never claim to be a genius or anything I have made a number of successful investments (a combination of shares/stocks, property and precious metals) in the past and I am not a complete moron "gringo" waiting to be fleeced. I know a lot of people here think that I am clueless and impulsive and would go to South America and get my ass handed to me, but I think I would manage okay (with some hiccups along the way of course).

[Australia Sucks]

I hope though that this thread goes on to create value, so for that purpose I pose the questions to all who wish to answer it:
-Would you invest in Chilean Real Estate? If no, why not? If yes, why?
-With an entry level budget lets just say the $110,000 USD mentioned previously what type of property would you buy and where? For example a small block of land in Pucon? A small house 6km from the center of Vina Del Mar? A small apartment in the center of Santiago?, etc.
Even guys who think I am misguided/an idiot should answer these questions if they can because it might prove useful for others who may be thinking of investing in Chilean real estate.

[GlobalMan]

AS,

As far as the question "Would you invest in Chilean Real Estate?"-

My answer is no, I would not invest in Chilean real estate, because there is no specific compelling reason for me to do so out of all the option available to me for investing. The only reason I would consider it is if I lived there. It is generally a very bad idea to buy property in a foreign country when you don't live there and know nothing about the place.

I think part of the reason you're getting the responses you are, and part of the reason for warnings from myself and multiple people, is that it doesn't seem you have a compelling reason to invest in Chilean real estate either. You don't have any experience in Chile, and you apparently don't have any plans to live there initially. That is a bad mix in any circumstance, but especially in South America.

You're asking very specific questions about Chilean real estate prices in various areas and requesting detailed answers- there is an extremely limited group of gringos that can dive in to those details and advise you with more specifics, and none are on RVF that I know of.

I gave you a link to the best real estate site in Chile, you can research pricing. You have access to google maps and wikipedia and travel forums to research specific cities' desirability and stats- this part is basic stuff that almost every dude here merely traveling through somewhere would do, let alone if one was looking to invest money.

If you don't want to use the resources available to you and take the time to answer your questions yourself, which you can do to a large extent, then you need to contact a service that advises gringos buying property. There are plenty out there. The owner of AllChile is one such guy offering that service.

If you are unwilling to do either of those things, then I don't think you're serious and I highly doubt you're going to be successful in making this work.

When you ask for specific and detailed and time consuming data on a narrow niche people want to know you're serious and have first put in the effort yourself. There are various ways to demonstarate you're serious and get valuable info from the people that have it:

-Doing as much research on your own first. When you asked on AllChile about warm water and nice beaches, or basic questions on cities found on wikipedia, it showed them that you didn't spend any time looking for basic information on your own, but now you wanted detailed data. You have to show some effort or people feel you are likely wasting their time.

-Pay them. You are giving them compensation for the time and effort it takes to get the information you want.

--

I suggest you take some time and gather as much info as you can on various cities, and on Chile in general. Then, make a new post on AllChile or another Chile forum asking a couple focused and specific questions about one or two cities/neighborhhods, and relay what you know so far about them.

More importantly, ask yourself "Why do I want to invest in Chilean property specifically"

Right now it is unclear.

[Australia Sucks]

GlobalMan you said "If you don't want to use the resources available to you and take the time to answer your questions yourself, which you can do to a large extent"

Just so you know I am looking on a bunch of different real estate sites, reading up on All Chile and other forums, and I've ordered some travel guide (and other books) for Chile form the internet which I should get in the next few weeks. I admit I did not do this when I first created the thread, but in the past 2 days I have started doing this. I am just using this forum as another additional resource (its good to get a wide range of information/opinions). I thought I would jump on here and AllChile and ask first then based on the recommendations people gave I could dig deeper and do more detailed research myself. I thought doing it this way would save me time. I now realize that perhaps for this type of question, next time I should invert the process and do some initial research first then come and ask questions on the forums.

A lot of people here are giving too many opinions which are not the answer to what is being asked.

For example if somebody started a thread titled "advice on best resource stocks to buy now" asking for advice on which resource stocks to look at for further research (to ultimately buy) and all these posters came on the thread saying "don't buy resources stocks they are too risky" "now is not the time to buy resources stocks", "why do you want to buy resources stocks?", "you are not a geologist so you cannot understand them so why buy resource stocks for?" etc. Now all of those questions and statements might be relevant but if the poster has decided to buy resource stocks and just wants information to help him do that it is not helping him achieve his goals.

As for the question of why do I want to invest in Chilean property specifically, I am not 100% settled on the idea yet and have not committed to it. I am still in the preliminary research phase. The whole Sovereign Man "plant a flag in another country" idea appeals to me as a long-term concept. Chile seems like as good a country as any. I think second tier/middle income countries that have decent legal systems and are relatively pro foreign investment and not too backwards, decent growth prospects, still not too expensive, etc are what I would be looking at. For example countries like Chile, Estonia, Malaysia, etc. Chile is the one that caught my eye for now and the one I will spend time researching now, but I could end up deciding another country is more suitable.

[lavidaloca]

This sounds more like mental masturbation to me.

1) "Selling/cashing out a small portion of my existing investments
-Borrowing a modest amount of money from my parents"

Kind of suggests you either have a lot of investments but don't have the money.

2) You quoted from other threads people obviously talking about Santiago, Dominican Republic. You've quoted multiple posters talking about Santiago, Dominican Republic as though its Santiago, Chile. That in itself tells me you are not remotely ready to take on such a risky transaction.

(06-02-2017 10:09 AM)Australia Sucks Wrote:  

thebassist I do consider what others say but at the same time I have seen a lot of places hyped up on the forum that did not deserve it, so I am a bit skeptical now. I thought Medellin and Cali were shit-holes with overrated girls despite all the forum hype.

Also I pointed out the potential reason why BoiBoi didn't get treated so well by Santiago girls, just like my not being white handicapped me in Peru, his being a Latin foreigner handicapped him in Santiago.
If you look at most of the Santiago datasheets on the forum the guys agree that Santiago girls are friendly and approachable. here are some quotes from other forum members taken from Santiago datasheets:

"I would say that you are much more likely to get blown out in Santo Domingo than in Santiago. People in the capital are more rushed and wary of strangers. People in Santiago have more of the 'small town friendliness' thing going on."

"To me Santiago is very pleasant as the girls are (very) receptive"

"I think it's a hidden gem, but it's not for everyone."

"Higher value than santo domingo
Better logistics
Cheaper
Hotter women IMHO, lighter-skinned and more diversity, and you will run into 7's and 8's that aren't total golddiggers
*this is big too, The Spanish is way clearer in Santiago."

Tailgunner, apologies if I misread your post its 1 a.m. where I live so my attention to detail is waning.

You really need to be careful there are so many scams and fraudsters happening next door in the west. Can you imagine in a less regulated environment in which you don't speak the local language, live there, have connections etc. That is a disaster waiting to happen. I would be legitimately worried for you if you went and bought a property in Chile.

Nothing you've posted suggests this is a legitimately good investment, not that you can live and make an income their. I think especially at your age your literally taking humongous risk for little gain.

If you want to do this go live there first.

I wish you the best but I think you are being totally blind. Honestly unless your a lawyer, cop or live with one you have no idea the amount of scams that take place. I have so many files come in where people have gotten scammed out of 10's to 100's of thousands. It really is a sad thing to see and these are people getting scammed in Canada not overseas.

[GlobalMan]

(06-06-2017 02:14 AM)Australia Sucks Wrote:  

A lot of people here are giving too many opinions which are not the answer to what is being asked.

This attitude is not going to get you very far, on this forum, or anywhere else people are generously giving you their time and knowledge for free.

First, nearly every response is giving you advice you need and which you should be seeking. I've personally spent at least 1 hour writing in your thread, even looking through my old saved Chile info. Collectively the very wise and successful men here have given you hours of their time seeking nothing in return. The only thing we ask is that you not make us regret it.

Second, this is not a personal consulting website. And, as I said, a very limited group of people have the expertise and info you're seeking. With prices, that is stuff that needs to be compiled at the time you're seeking it, so you are asking others to work for you. You want quick, concise, narrow answers to very specific questions on a niche topic and have no tolerance for longer winded or more general thoughts? Well, get off internet forums, and start paying someone. Then you have some standing to start demanding better results.

Until then, appreciate what you've been given. Hopefully, for your sake, you listen to it.

[BoiBoi]

I'm out of this thread. It's a waste of time. Good luck in Chile.

[Shimmy]

Another point about Chile real estate that makes it a bad investment is airbnb prices. I was able to find a place easily for less than half of what I paid in Bogota or Lima when I booked Santiago and did not have a hard time finding it. Bogota I actually stayed in a hotel once because I couldn't find a decent airbnb under $100/night.

[Australia Sucks]

Lavidaloca you said "Kind of suggests you either have a lot of investments but don't have the money." I have all of my money - a six figure sum which I will not disclose how much on a public forum - tied up in investments. I do not have any cash (apart from a few thousand for day to day living). Does that answer your question?

Yeah, Shimmy you are right about rental returns. I would just be expecting the rent to cover the outgoings (e.g. taxes, water rates, repairs and maintenance, etc) with maybe a few bucks left over rather than to make a meaningful return. The investment return would hopefully come from unrealised capital gain.

[Sidney Crosby]

Have you considered Central America?

[Australia Sucks]

Sidney, I have thought about Panama and Mexico but felt that Chile was more advanced. Why Sidney, is there somewhere specifically you were thinking of and if so why?

[zoom]

You plan on borrowing money and putting your life savings into Chilean real estate, while hoping for unrealized capital gains? That sounds like a terrible investment.

[Off The Reservation]

(06-06-2017 04:47 AM)Australia Sucks Wrote:  

I do not have any cash ...

[Sidney Crosby]

(06-06-2017 11:27 AM)Australia Sucks Wrote:  

Sidney, I have thought about Panama and Mexico but felt that Chile was more advanced. Why Sidney, is there somewhere specifically you were thinking of and if so why?

I was thinking maybe Panama City

-Nearby beaches
-Good weather
-Good rental returns
-Easy to fly into and cheap flights to other Latin American destinations
-You can get financing with 20-30% down (from what I've read)

[Australia Sucks]

Zoom you said "You plan on borrowing money and putting your life savings into Chilean real estate, while hoping for unrealized capital gains? That sounds like a terrible investment."

I do not plan on my putting "my life savings" into it. It will be a small/modest portion of my net worth (as I explained previously) and if the investment went to zero (I doubt it though) I could dust myself off and be okay. The amount I would be borrowing is a small amount that I could pay back within a 12 month period. The borrowing would be so I have to sell less of my existing assets, not because I do not have the capital.

Zoom, you need to read carefully and pay attention to what people post.

I am tired of certain guys on this thread trying to turn it into the inquisition. This thread is meant to be a real estate thread not a thread about me and my life.

[Off The Reservation]

How's the search /purchase going?

[Australia Sucks]

As far as I am concerned this thread is done.

But to answer your question Off the Reservation I recently had so much shit come up in my life (not going to discuss it) that I have to deal with that I'm not even thinking about buying property in another country for now. Any of those types of thoughts are well and truly on the back-burner for the foreseeable future.

[Savonarola]

Have you looked into Uruguay? It's superstable and there's a LOT of beaches, land is quite cheap. I don't think you'll make much more than 1 or 1.5 percent on the investment but it's a good place to park your money. It has most of what you're looking for.

[Vladimir Poontang]

Quick question, because I didn't want to start a new thread. Is there a resource online that lists all countries and their rules for foreigners buying property / starting a business? I tried wikipedia but I couldn't find anything.