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mvpinkandoffice

mvpinkandoffice

Member

Canadian looking for information about Dominican Republic

Forum posts

18

About me

Canadian

Speaks FLuent English Some French Some Spanish

Registration: 07 March 2022

Activity

mvpinkandoffice replied to a thread
3 years ago
mvpinkandoffice

Thinking of Purchasing 2 Bed Villa in Res Hispanolia as Rental Unit by mvpinkandoffice

So I would love some feedback onthis I am looking at buying a Collibri Style 2 bedrrom villa in Resencial Hispanolia community. I want to buy this strictly as Rental. Not looking to live in the villa yet. I have the funds available to buy without ...

mvpinkandoffice

@elleceepea I don't think this is offered anymore.I will check it out.I have stayed there and really like the property Read More

mvpinkandoffice replied to a thread
3 years ago
RamirezStærkebyMøller

Buying apartments for the purpose of renting it out. by RamirezStærkebyMøller

Hello everyone ! I was hoping someone could help me with something i wish to know. Me and my husband (my husband is dominican/norwegian) was thinking about buying some properties/houses/apartments for the purpose of renting them out. I was ...

mvpinkandoffice

@RamirezStærkebyMøller Hi,Came across your post from 2018. I was wondering did you end up purchasing any rental properties? How did it work out? Are you renting to long term or tourist rentals?Very interested as I'm interested in ... Read More

mvpinkandoffice replied to a thread
3 years ago
thunderbird14

YOUR COMMENTS ON VILLAS IN CASA LINDA REAL ESTATE PROJECT IN SOSUA by thunderbird14

Hello, I am a Quebecer speaking French and English, living in the city of Terrebonne in the suburbs of Montreal, Quebec, Canada. I am 58 years old and my wife is 56 years old and we have been married for almost 32 years. I work as an Actuary in ...

mvpinkandoffice

Hi there.  I used lawyers and i admit i did not trust any of them.  Prices range from low $1,000 to sky is the limit, even one of them insisting he gets paid $450 per hour for a phone chat for a lousy one bedroom apartment purchase, ... Read More

mvpinkandoffice replied to a thread
3 years ago
taralindsay5

We finalized our purchase in Casa Linda! by taralindsay5

We are so excited! Just finalized our purchase and nailed down our floorplan! We are thinking about using Angela to help with furnishing of the home right down to the last detail. However, we are also thinking of just doing it on our own. It will be ...

mvpinkandoffice

Congrats from a fellow Canadian here.  I am also interested in buying a villa for rental for next 20 years with hopes to have paid myself back my principle investment over next 20 years by renting out. I stayed at casa Linda and loved  the ... Read More

mvpinkandoffice replied to a thread
3 years ago
mvpinkandoffice

Thinking of Purchasing 2 Bed Villa in Res Hispanolia as Rental Unit by mvpinkandoffice

So I would love some feedback onthis I am looking at buying a Collibri Style 2 bedrrom villa in Resencial Hispanolia community. I want to buy this strictly as Rental. Not looking to live in the villa yet. I have the funds available to buy without ...

mvpinkandoffice

Yes please do send the link . Thanks! Read More

mvpinkandoffice replied to a thread
3 years ago
mvpinkandoffice

Thinking of Purchasing 2 Bed Villa in Res Hispanolia as Rental Unit by mvpinkandoffice

So I would love some feedback onthis I am looking at buying a Collibri Style 2 bedrrom villa in Resencial Hispanolia community. I want to buy this strictly as Rental. Not looking to live in the villa yet. I have the funds available to buy without ...

mvpinkandoffice

No I was working with 6% per year net. 12k net on 200k investment. This was my estimate. Do you believe 6% is still unlikely Let me know Read More

mvpinkandoffice replied to a thread
3 years ago
mvpinkandoffice

Thinking of Purchasing 2 Bed Villa in Res Hispanolia as Rental Unit by mvpinkandoffice

So I would love some feedback onthis I am looking at buying a Collibri Style 2 bedrrom villa in Resencial Hispanolia community. I want to buy this strictly as Rental. Not looking to live in the villa yet. I have the funds available to buy without ...

mvpinkandoffice

Hey Rocky and DD thanks for your imput. It is very helpfull. I know a good property management company is key especially if im out of the country. The rason I am asking personal advise is because I want to gage if this is good place to invest my ... Read More

mvpinkandoffice replied to a thread
3 years ago
mvpinkandoffice

Thinking of Purchasing 2 Bed Villa in Res Hispanolia as Rental Unit by mvpinkandoffice

So I would love some feedback onthis I am looking at buying a Collibri Style 2 bedrrom villa in Resencial Hispanolia community. I want to buy this strictly as Rental. Not looking to live in the villa yet. I have the funds available to buy without ...

mvpinkandoffice

@ ddmghee. Thaks for your detailed response. So this is something I noticed that there are constantly new developments which can make an exit strategy tough. As I look at real estate from a long term point of view and not from short term rental ... Read More

mvpinkandoffice replied to a thread
3 years ago
mvpinkandoffice

Thinking of Purchasing 2 Bed Villa in Res Hispanolia as Rental Unit by mvpinkandoffice

So I would love some feedback onthis I am looking at buying a Collibri Style 2 bedrrom villa in Resencial Hispanolia community. I want to buy this strictly as Rental. Not looking to live in the villa yet. I have the funds available to buy without ...

mvpinkandoffice

Can I ask where you bought? Which property (example ocean palms, tropical casa Laguna ect... Like which complex?) Also are you managing yourself or using a property management company to rent out? Read More

mvpinkandoffice replied to a thread
3 years ago
mvpinkandoffice

Thinking of Purchasing 2 Bed Villa in Res Hispanolia as Rental Unit by mvpinkandoffice

So I would love some feedback onthis I am looking at buying a Collibri Style 2 bedrrom villa in Resencial Hispanolia community. I want to buy this strictly as Rental. Not looking to live in the villa yet. I have the funds available to buy without ...

mvpinkandoffice

Thats some usefull information for me to consider dominicanadamike. And I appreciate all the feedback from everyone. Can I ask does anyone have any experience in owning rental properties on the island? And better yet in Sosua/Cabarete? I would ... Read More

mvpinkandoffice replied to a thread
3 years ago
mvpinkandoffice

Thinking of Purchasing 2 Bed Villa in Res Hispanolia as Rental Unit by mvpinkandoffice

So I would love some feedback onthis I am looking at buying a Collibri Style 2 bedrrom villa in Resencial Hispanolia community. I want to buy this strictly as Rental. Not looking to live in the villa yet. I have the funds available to buy without ...

mvpinkandoffice

So regarding real estate investments. I have some knowledge. Bought my first building at 27. Currently own a triplex for rental and own my own home and have bought and sold few homes at a profit over past decade. I have done well here in Montreal ... Read More

mvpinkandoffice replied to a thread
3 years ago
mvpinkandoffice

Thinking of Purchasing 2 Bed Villa in Res Hispanolia as Rental Unit by mvpinkandoffice

So I would love some feedback onthis I am looking at buying a Collibri Style 2 bedrrom villa in Resencial Hispanolia community. I want to buy this strictly as Rental. Not looking to live in the villa yet. I have the funds available to buy without ...

mvpinkandoffice

Hi thanks for replying. So based on your numbers I would say its more like a 50 percent occupancy if I average it out. In your persoanl opinion do you think rental unit in touristic area a good investment? Do you have pros and cons you can help ... Read More

mvpinkandoffice replied to a thread
3 years ago
mvpinkandoffice

Thinking of Purchasing 2 Bed Villa in Res Hispanolia as Rental Unit by mvpinkandoffice

So I would love some feedback onthis I am looking at buying a Collibri Style 2 bedrrom villa in Resencial Hispanolia community. I want to buy this strictly as Rental. Not looking to live in the villa yet. I have the funds available to buy without ...

mvpinkandoffice

First i would really like to thank you for taking the time to reply. I will def check out that read you suggested. Read More

mvpinkandoffice replied to a thread
3 years ago
mvpinkandoffice

Thinking of Purchasing 2 Bed Villa in Res Hispanolia as Rental Unit by mvpinkandoffice

So I would love some feedback onthis I am looking at buying a Collibri Style 2 bedrrom villa in Resencial Hispanolia community. I want to buy this strictly as Rental. Not looking to live in the villa yet. I have the funds available to buy without ...

mvpinkandoffice

I'm hopping to average in the year 24k per year so average 2k a month. I spoke to another villa owner told me take $100 a day and occupancy at 70 percent so that would be about 25,550. So I rounded down to 24000. He was at casa Linda similar ... Read More

mvpinkandoffice created a thread
3 years ago

Thinking of Purchasing 2 Bed Villa in Res Hispanolia as Rental Unit

So I would love some feedback onthis I am looking at buying a Collibri Style 2 bedrrom villa in Resencial Hispanolia community. I want to buy this strictly as Rental. Not looking to live in the villa yet. I have the funds available to buy without ... Read More