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Still, that is a lot, I bought one girls kid some 90 mil COP worth of school supplies and that made me fell like a schlep. LOL maybe I am a true cheepie charlie!
[QUOTE=Elvis2008;2484034]LOL. No, it is $1000 to $1500 total for all of them. That is more like $200 per woman per month.[/QUOTE]
[QUOTE=MojoBandit;2484069]I would add to this some things that I have been told about buying apartments in Medellin.
Anyway this is my reason for why if I was going to "buy" in Medellin for investment and mongering purposes I think I would have to look around in Laureles area and see what the overall ROI looked like. Damn this turned into a long post, I hope there is some useful information here.[/QUOTE]Excellent post and some general comments about your remarks regarding apartments in Medellin which I have learn't and observed over the past four years. Colombians don't care much about the views from an apartment versus gringos and are into modern apartments. Of the new apartments being built, the quality of the construction can be downright terrible, and typically the monthly administration charges can be very high compared to older buildings.
I've looked at several dozen apartments, and being a contractor, the older apartments are far superior construction wise in most cases with real wood doors / cabinets versus all the plastic stuff. In regards to Laureles, it is a great area, flat with no hills, and plenty of good places to eat, but for an investor, at least up until the Pandemic, the best area to buy an apartment in is within no more than a one mile radius of Parque Lleras. For somebody looking for an apartment for themselves to live in, Laureles is ideal. In regards to property appreciation, I have noticed prices for properties, specifically within a one mile radius of Parque Lleras up until the Pandemic had increased easily 10% a year over the past three years. As far as finding a property which will have a good ROI, that will be a challenge because unless it's a Penthouse with great amenities being location, outdoor terraza / balcony's, views, etc. Than getting a decent rental amount is going to be very tough, let alone finding tenants because there are hundreds of apartments for rent and unless your property is unique it's going to be a challenge to rent and manage. And finding a property that fits the criteria I have layed out, well they are out there on the market, but the prices are so high, they will never pencil out. In my opinion, based on my personal experience, the time to have bought properties in Medellin was four years ago and prior to this time. And right now as a result of the Pandemic, yet it won't be as good as five years ago.
[QUOTE=Elvis2008;2484042]Nah, I pay them when they ask and sometimes tell them no.
When I do get to Colombia though, I expect these women to fuck me as if I were the last man on earth and to do whatever I want sexually, and if they do not, then I will focus on the ones who do. Keeping six women was never realistic but when you have a shot at a beauty queen, a hot young virgin, and several college cheerleader types, well, I felt like I had to go for it.
Normally, I would never pay in advance, but these are not normal times.[/QUOTE]Unfortunately, and based on personal experience, most Colombian women have a very short memory when it comes to money they've been given in the past. Hopefully I am wrong, and they will be fucking your brains out with no RFM's requests for money.
[QUOTE=Nounce;2484116]This.
You can use the income from the US rental to rent a place in Medellin without the added risk. You can always trade your condo with another place in US without the added risks of buying Colombia properties.
Personally, I have not observed the Colombia properties appreciate in value anywhere close to area in US like California. They just don't earn that much on average to support the market. In many California cities, when the market is hot, you pretty much have to bid on a property. My friend just sold his house, but he is in limbo now because he lost bid on another house that costs about 2 millions a few days ago. There are also areas that you simply can't time to sell a property thinking you can buy it back at a lower price.[/QUOTE]You really can't compare appreciation of properties in California to Medellin. Most properties in Colombia are purchased on a cash basis with very few loans being taken out, and if so for a very minor amount. In the USA the appreciation has been high as a result of the very low mortgage rates, whereas in Colombia this is not a factor. Appreciation of properties in certain areas of Poblado up until the Pandemic had been averaging at about 10% a year.
I sincerely hopes this works out for you.
[QUOTE=Elvis2008;2484042]
When I do get to Colombia though, I expect these women to fuck me as if I were the last man on earth and to do whatever I want sexually, and if they do not, then I will focus on the ones who do. Keeping six women was never realistic but when you have a shot at a beauty queen, a hot young virgin, and several college cheerleader types, well, I felt like I had to go for it.
Normally, I would never pay in advance, but these are not normal times.[/QUOTE]
I have thought on and off about buying an apartment in Medellin since I visit so often. Any rental income would be gravy. I just need to really sit down and compare what I'm paying for all of my trips (rentals) vs. What I would pay to buy and pay taxes, services, and HOA (and have the hassle of dealing with these folks).
Two things I've observed:
1) Prices mean nothing. I have real concerns about being ripped off, given the lack of information available on comps.
2) Need to pay cash, which ties up your money into something that may or may not provide a return.
3) Your investment is extremely illiquid. I have seen some apartments that have been listed for a year or more without a buyer. So if you want or need to get out, it will take time.
Unless I decide to live there for 1/2 of the year, I'll probably just continue to rent for now.
[QUOTE=SJobs;2484043][URL]https://www.lafm.com.co/colombia/vuelos-internacionales-desde-colombia-se-reanudan-el-21-de-septiembre[/URL]
This is not bad at all, I will be posting from Medellin as early as this Saturday. There is a viva flight from Miami to Medellin on the 19th, it is still not canceled and I called the airline today, they told me it is still on. If this one falls through I got ticket for the 21st flight to Cartagena out of FLL. Either way, the wait is almost over, I look forward to the day I can resume posting banging 18-year-olds, where my only headache is to decide which pair of 19-year-old to bang in the afternoon.[/QUOTE]Did Spirit cancel your flight (#859) on Sept 21 from FLL to Cartagena? Spirit's website now shows that there is no flight on that date. In addition, you cannot book that same flight to Cartagena on Sept 23 (suggesting either full or cancelled). First date you can book now is Sept 25.
Those of us dying to get Colombia are highly interested in monitoring when exactly you get there and how difficult the journey was.
Obviously I can't count. Three things I have observed.
[QUOTE=ColombiaLover;2484224]
Two things I've observed:
1) Prices mean nothing. I have real concerns about being ripped off, given the lack of information available on comps.
2) Need to pay cash, which ties up your money into something that may or may not provide a return.
3) Your investment is extremely illiquid. I have seen some apartments that have been listed for a year or more without a buyer. So if you want or need to get out, it will take time.
[/QUOTE]
[QUOTE=ColombiaLover;2484222]I sincerely hopes this works out for you.[/QUOTE]Thanks, CL, it is a lot for Colombia, and thank God Mexico has been open to me. I tried [URL]seeking.com[/URL] here in the sex prison. One woman wanted $1000 just for a day. I told a male friend about that and he laughed and said, "For that much money, I will let you fuck me."
[QUOTE=ColombiaLover;2484230]Obviously I can't count. Three things I have observed.[/QUOTE]Also, it just takes one pissed off neighbor then you are screwed. They can make your life a living hell. If you are interested is seeing just one or two girls no big deal, multiple girls you are opening yourself up for all kinds of problems, just be careful. This why I change apartment or Condos every few days in Mexico.
[QUOTE=Luminus;2484215]Still, that is a lot, I bought one girls kid some 90 mil COP worth of school supplies and that made me fell like a schlep. LOL maybe I am a true cheepie charlie![/QUOTE]Nah, we have different goals. My dream is to bring two of the best women back to the USA. A lawyer friend suggested a way to do it that may work out. Visas have been hard to come by. I was going to use a fiance visa on a super hot Vennie and it fell through thank God. I can probably make it to Colombia once every month or two, but I can make it to Mexico once every two weeks. Meeting the women in Mexico is my next goal, and it is really important that the women trust me and I make it worth their while.
You would think traveling to Cancun or Cabo is something Colombian women would jump at, and they are very interested but about half the time I have scheduled trips with all women, they either bail at the last minute or have other issues. I have tried 3 X to get Colombian women to Mexico and only succeeded once. I have learned the hard way what to do then. I asked a lot of Mexicans for help on the issue. I was told Do not fly them into Mexico City, have an event that they are going to in Mexico, have a friend or at least a friend they can name in the city that they are flying into, make sure they have at least $500 on them, and I was told going through Panama versus coming in directly from Colombia works out better.
Of the two who did not make it, one could not get by Colombian customs and the other was terrorized in a kind of jail in the Mexico City airport. She had her shoes stolen, luggage broken ETC. It was the worst experience of her life.
Maybe my plans fail, and I have to just suck it up and commute to Colombia, but I have pretty much run out of things to do in Bogota so really the only thing for me to do there is to fuck, work out when the gyms open, and eat. Maybe there is more to do in Cartagena and Medellin, but in comparison, I have been to Cancun like 7 or 8 X and there is still a month's worth of stuff that I want to see and do, and I have not been to Puerto Vallarta, Acapulco, or Cabo yet.
I was talking with a Brazilian about going to Mexico, and she was excited, but the flight got cancelled. I finally realized the best way to see her was for me to travel to Brazil, and she said "But everything sucks in Brazil. " And I have to admit that once I took the women out of the picture, I really had no desire to return to Brazil.
I am not sure if the same is going to be true of Colombia yet, but I have a feeling it will be. Take out the women and how badly would you want to go to Colombia?
[QUOTE=ColombiaLover;2484224]I have thought on and off about buying an apartment in Medellin since I visit so often. Any rental income would be gravy. I just need to really sit down and compare what I'm paying for all of my trips (rentals) vs. What I would pay to buy and pay taxes, services, and HOA (and have the hassle of dealing with these folks).
Two things I've observed:
1) Prices mean nothing. I have real concerns about being ripped off, given the lack of information available on comps.
2) Need to pay cash, which ties up your money into something that may or may not provide a return.
3) Your investment is extremely illiquid. I have seen some apartments that have been listed for a year or more without a buyer. So if you want or need to get out, it will take time.
Unless I decide to live there for 1/2 of the year, I'll probably just continue to rent for now.[/QUOTE]A couple of things for you and others to consider who are contemplating purchasing an apartment. Observation number 1, If you can find the property on your own versus somebody looking for you and have a good attorney getting ripped off should not be a concern. There is a wealth of comp information available on the real estate websites, but just knowing square meter prices etc is not as important as to the location and amenities of the property and the intended end use. Observation number 2, yes you pay in cash and this gives you an edge as a foreign buyer as Colombians struggle with this so you can be in a position to pay very rapidly which is huge in negotiating a purchase. Also, for those looking to retire or become an investor, an approximate $ 150,000 USD purchase will get you a residency visa, basically the equivalent of a green card in the USA. Observation number 3, yes properties will languish on the market for long periods of time, but that is solely a function of the price and if the apartment is undesirable. So what's the takeaway from this, if your going to buy something, find something unique with rental potential, however this can be very challenging and take a while.
[QUOTE=Luminus;2484215]Still, that is a lot, I bought one girls kid some 90 mil COP worth of school supplies and that made me fell like a schlep. LOL maybe I am a true cheepie charlie![/QUOTE]Listen, I never criticize anyone on how much money they give a girl. Everything is relative, one mans floor is anothers ceiling. However I guess if push came to shove I'd prefer monger who is more conservative with how much money they give a girl. One story comes to mind when I met a UTR chick in Bogota who wanted $400 for a few hours. Said she was with an American last week who gave her $400 so now that's is what she wants from all gringos. So paying stupid money just creates problems for all of us down the road. Unless she is your compaņera constante, After her mom lost her job I started to pay my girls facturas in the house and buy the food. $200 a month the water the gas the administration fee for the vigilance, and electric is another all totaled 300,000 cop max, so for less than $300 a month I'm supporting her, her mom why younger brother. $1500 a month I could probably support the whole damn building jajaj Elvis, just keep in mind 60% of all Colombians make minimum wage, and that was just raised to about 730,000 a month, slight more than $200 a month to work 5 and a half days a week for 30 days so now you get a perspective to how much your giving these girls. I'm sure they are going to be fighting over you when you get there. Jajaj But remember there is a difference between helping these girls in a very desperate time and being a Pendejo.
[QUOTE=Tricksta;2484227]Did Spirit cancel your flight (#859) on Sept 21 from FLL to Cartagena? Spirit's website now shows that there is no flight on that date. In addition, you cannot book that same flight to Cartagena on Sept 23 (suggesting either full or cancelled). First date you can book now is Sept 25.
Those of us dying to get Colombia are highly interested in monitoring when exactly you get there and how difficult the journey was.[/QUOTE]I booked my flights earlier in the month, after they canceled my 9/1, 9/7, 9/10, and 9/17 flight. I just checked spirit website, there are still tickets on 9/21 #859. The flights on the 23rd is sold out, but I do have a ticket. If I make it over on Saturday, I will return both tickets, they might resell it. Stay tuned.
[QUOTE=Surfer500;2484220]You really can't compare appreciation of properties in California to Medellin. Most properties in Colombia are purchased on a cash basis with very few loans being taken out, and if so for a very minor amount. In the USA the appreciation has been high as a result of the very low mortgage rates, whereas in Colombia this is not a factor. Appreciation of properties in certain areas of Poblado up until the Pandemic had been averaging at about 10% a year.[/QUOTE]Yes, that is why buying a rental property in US and use the rental income to rent apartment in Medellin is better than buying property in Medellin for part time living and renting.