Frequently Asked Questions
General questions about our company, service, and properties we offer on this website:
- Why should I invest in Puerto Rican real estate?
- What are the numbers?
- What are the tax incentives?
- What are the US territory benefits?
- Will Hurricane Irma hurt real estate on the island?
- Is investing in Puerto Rican real estate different than investing in real estate in the US?
- What are the risks of investing in Puerto Rico?
- Are the benefits of investing worth the risks?
- What is Puerto Rico like?
- Why are the properties discounted so much on this site? Wouldn’t you just keep the best deals for yourself?
- How are the properties on this site different from ones I’d find on the MLS?
- Can I use bank financing to buy these properties?
- How do I make an offer on a property?
- How often do you add new investment properties in Puerto Rico to the site and VIP Buyers List?
- Do you charge any fees to buy or sell a home?
Q: Why should I invest in Puerto Rican real estate?
A: Simply put, properties in Puerto Rico are at an all-time low. As the island grows and rebuilds, these properties are going to rise higher than ever! While real estate is low, the time to invest is now!
Q: What are the numbers?
A: While real estate investments turn over 6-10% yields annually, Puerto Rico promises annual yields of 20-40%! In the next 3-5 years, values for properties are trusted to double, triple, or even more! Getting in on the action while values are low is key to investing properly. Instead of holding yourself back, trust the numbers that are always growing and showing great profits
Q: What are the tax incentives?
A: Act 20 (The Export Services Act) provides incentives to certain companies that move to Puerto Rico to export their own services. Act 22 (The Individual Investors Act) awards individuals that reach Puerto Rican residency with a personal tax rate of 0%. Opportunity Zone Investing incentivizes much-needed investments in housing, infrastructure, and small businesses to areas that need it the most.
Q: What are the US territory benefits?
A: US recovery efforts have been greatly improved since Hurricane Maria. These strong resources are directly offered to Puerto Rico after the natural disaster of Hurricane Irma.
US Citizens don’t need any passport or visa to get to and from Puerto Rico. Complete travel freedom is always a great thing to have for investors!
Q: Will Hurricane Irma hurt real estate on the island?
A: Nope! As the island is rebuilding and making itself better than ever, real estate is going to grow with it! Instead of staying down and out of the game, investors are looking to get in on the action before prices jump.
Q: Is investing in Puerto Rican real estate different than investing in real estate in the US?
A: Not at all! Investment opportunities on the great island of Puerto Rico act the same as any would in the US. You don’t have to worry about any new practices or laws that would hurt your investment.
Q: What are the risks of investing in Puerto Rico?
A: We won’t sugarcoat any of the risks, you deserve to know everything about your future investment:
Puerto Rico’s power grid is left fragile after it was destroyed in Hurricane Irma.
Many Puerto Rican locals left the area following the hurricane, and may not return at all.
The road to recovery for Puerto Rico has been a slow process.
Q: Are the benefits of investing worth the risks?
A: Yes! Strategic investors are willing to embrace the risks and downfalls that Puerto Rico to move toward this once-in-a-lifetime investment opportunity! After the rise of property prices and area profits, investments in Puerto Rico will prove to be stronger, more innovative, and prosperous than ever before.
Q: What is Puerto Rico like?
A: Puerto Rico’s climate is warm and sunny with an average temperature of 75°F! The locals are proud of our great culture, amazing food, pristine beaches, majestic mountains, and relaxing destinations that Puerto Rico has to offer. The captivating past and future of Puerto Rico holds true to its fantastic story that will continue for years to come.
Q: Why are the properties discounted so much on this site? Wouldn’t you just keep the best deals for yourself?
A: You’ll find investment properties on this site discounted 20-50% because of our proprietary marketing systems that get in touch with homeowners who are needing to sell their property. Often times they may be in foreclosure and our company can help them out by buying their house quickly for cash… which is a win-win. Then, we pass the discount along to you.
Q: How are the properties on this site different from ones I’d find on the MLS?
A: Most properties you’ll find on our site are ones that you’ll never find on the MLS. The MLS is the “Multiple Listing Service” which is where real estate agents list properties for sale. We work directly with the homeowners because many times we’re able to help them solve their problem more quickly and cheaper than listing it on the MLS.
Q: Can I use bank financing to buy these properties?
A: We tend to work with people looking for investment properties who are paying cash and who can close quickly. However, if you are pre-approved with a bank and can close quickly… we’ll consider all offers. If you need financing to buy a property you see on our site, contact us today and we can connect you with lenders that we recommend and have worked with before.
Q: How do I make an offer on a property?
A: Simple, head over to our Contact Us page and send us an email or give us a call. We take offers first come first serve… and telephone tends to be the quickest. Once you connect with us and you want to purchase the property, we’ll require an earnest deposit to secure your offer on that property. We’ll answer any of your questions so you feel 100% comfortable and confident in your decisions.
Q: How often do you add new investment properties in Puerto Rico to the site and VIP Buyers List?
A: We’re always sourcing new investment properties… and add new properties to this site on a continual basis. So, check back often as our properties tend to sell very very quickly.
Q: Do you charge any fees to buy or sell a home?
A: We don’t charge homeowners any fees to help them find a solution. We purchase properties at a win-win price. When you buy an investment property from us, we buy the property at a steep discount, add on our property acquisition fee which is our profit for finding and negotiating the deal… and you pay a still deeply discounted price. A win-win for all.