A finance graduate, Ronan McMahon worked in the e-business consultancy and dot-com industries before joining International Living as Real Estate Marketing Director in January 2004. Ronan has been an active real estate investor since his early twenties and joining International Living gave him the opportunity to marry his personal and professional interests. Last year Ronan took up the position of Executive Director with Pathfinder. Pathfinder is International Living’s preferred Real Estate advertising partner. Pathfinder scours the globe to find the most unique and value-oriented real estate opportunities.Let me draw that Beach Place deal out for you in detail…
Last year – well into the financial meltdown in North America – I bought 2 condos in a pre-construction development in Brazil that was called Beach Place, an investment with a tremendous upside.
I made an initial investment of just $1,117 per unit (due to the “off market” nature of this deal). Early this year my broker called me and asked if I would sell for $51,390 more, each!
An increase in value of 50%
That’s why these types of “off market” deals are a good place for you to put your money today. Prices continue to rise because, unlike stocks, there is still a demand for this investment. Stocks may be up for today, but a LOT of people think the trouble’s not over…not by a long shot.
In fact, right now in this business there are more pre-construction opportunities and distressed deals than you can shake a stick at.
That’s because of the worldwide crisis…which has given rise to crisis investing opportunities, which can give huge returns…
Let me be quite frank. This type of “off-market” deal is the fastest way I know right now to make a lot of money, starting with a modest amount, and a way to diversify out of stocks, bonds, gold or oil.