A Once-in-a-Lifetime Buying Moment in a Resurging City

A Once-in-a-Lifetime Buying Moment in a Resurging City

Medellín, Colombia, is like no ordinary worldclass city. It sits in a valley 5,000 feet above sea level, with perfect, year-round, spring-like weather. You can stroll down leafy streets to lush parks, sip a coffee in eclectic cafés and bars, and shop in high-class boutiques. Young “digital nomads” huddle in trendy watering holes plotting the next Facebook. These are folks who can live and work from wherever they choose. They choose Medellín.

Flash Alert: A Guesthouse in Costa Rica  With Serious Income Potential

Flash Alert: A Guesthouse in Costa Rica With Serious Income Potential

The best play right now in Arenal, Costa Rica is to take something unloved, but with potential, and to add value through clever thinking, a few bucks, or some elbow grease, to create a new use for an underappreciated property. That's the sort of opportunity I got word of when I was in Costa Rica a few weeks ago—a guesthouse that could be a nice little earner for an investor with time to spend on a project.

March 2016: How to Get Free Beachfront in Nicaragua—And Three Other Ways to Get a Property For Free

March 2016: How to Get Free Beachfront in Nicaragua—And Three Other Ways to Get a Property For Free

Sometimes in real estate a rare moment comes along when everything lines up and you can essentially own a property for free. It isn’t a big secret or even difficult to do…if you do it the right way. I’ve found opportunities in three of the strongest real estate locations on my beat where you could own a hotel, a condo, or some prime beachfront land for free.