What it means is that outsiders are coming with lots of $$$ and invest in real state, paying overprice and inflating the value of real state here. Meanwhile, the local people cannot afford the inflated prices and are displaced and forced to emigrate. That is due the gentrificafion being caused by american and foreign investors settling on the island and establishing Airbnbs everywhere
Thanks so much for sharing your knowledge and experience! Fam and I looking at moving there later this year. Dropping everything in Oregon (cold rain) and moving South!
Hello Frank, I didn't get a loan on this property, but you can get an FHA loan from many lenders in the states or here in PR. If you email me at helloemberconsulting@gmail.com I can send you a few lenders that will allow you to do FHA for PR properties.
Medicare and ebt and other services. And some that are on ssi ssdi would need to consider that as well. And being on a fixed income as a senior on just social security i think.
I would love to stay in a us territory and have it be affordable. I have also looked into it. Unfortunately its probably not possible from your responses.
Good information. I will drive for dollars all day on the island.. lol..I also heard from a person who goes back and forth from the island of walking into the area city hall or calling and asking them if they have any properties for sale. I'm not sure how true that is. It's worth a shot.
Can you do a video on the areas/regions you considered and the pros and cons(eg west coast, east, south)-I’m of Puerto Rican descent and need a piece of our beautiful island!
That's a good idea. I haven't been every place on the island, but I can tell you all the great parts of the North Coast and West Side where I'm most familiar.
Yeah and kicking us out to at the same time. Being a territory doesn’t mean you can do whatever is in your power, we were born there, I was born there and for experience I’ve being kicked out from a previously public beach, just after some foreigners came bought the land and wanted to make the beach a privet one, that is not right. How would you feel if I buy a house on a lakeside and closed it for the public and keep it to myself. And I just trying to make a point here.
Your viewing this from the wrong prospective. Don't blame the buyer blame the government if you don't like it then go to the root of the problem just like people in US who blame businesses and companies are idiots. Blame the government and courts that we allow in office who allow things that may be wrong in our eyes or even in the eyes of the law to occur. They are the enemy not the buyers or people who take advantage of the system that doesn't enforce it's own laws My wife is Puerto Rican. I personally spend a lot of time on the island when money allows it. I also spend a lot of time actually going to the rivers and beaches so I appreciate the public land just as much as anyone else.
I purchased in Aguadilla in 2021, found the house on clasificado and met with the sellers broker! I brokered the deal myself from the offer to closing, only with the support of the sellers broker! Losing was seamless and I even got the house for $35000 less!
If you are looking to improve our RUclips ranking and get more views on your videos,then working with a RUclips expert can be a great idea. They can help you with things like video SEO, thumbnail design, and more.
Lived here now 4 years and moving out. Is ready a flowing garbage dump. Beautiful places and beaches, but from east to west, north to south is full of garbage. Infrastructure is falling apart potholes all over the place and that’s just the beginning. Puerto Rico has not realtor to representa buyer. So be aware. Agents are bought on the side to give a buyer priority, not common but it happens and it did to me. Closing cost are expensive to buy and more to sell.
If you move to Puerto Rico, don't just make short-term rentals. Contribute to the wellness of society by offering affordable, long-term rentals for locals as well.
Thank you for you comment and watching! Please accept this free gift as a token of my appreciation for your support: principlesofincrease.com/10-scriptures
Thank you for you comment and watching! Please accept this free gift as a token of my appreciation for your support: principlesofincrease.com/10-scriptures
Puerto Rico properties are not affordable unless you buy a rundown property. Agents do not respond and are arrogant. The common answer is “ the property is already under contract” I am from PR so unless you want to spent between 300k or 400k or more. Then other factors such as high crime areas and infrastructure are behind times.
You can get a rundown property, but the bank will give you money to fix it up. My property was less than $120K and I routinely run into properties that are under $100K. I just put an offer on a place that was on a foreclosure list for $5K. You will have to look, but there are opportunities out there. If you are interested, I am happy to help you find something affordable.
I do not mind well intentined people that come as tourists for some days and contribute to our economy, But these outsiders are coming with lots of $$$ and invest in real state, paying overprice and inflating the value of real state here. Meanwhile, the local people cannot afford the inflated prices and are displaced and forced to emigrate. That is due the gentrificafion being caused by american and foreign investors settling on the island and establishing Airbnbs everywhere
I paid less than $120K for my home and there are still MANY homes in the $50K-$80K range on the island. You just have to look a little. There are pockets where real estate is still incredibly affordable.
Im surprised people don’t see the problem by doing this. As someone born and raised in Puerto Rico, don’t do this, by buying land your increasing our taxes and lowering our life quality as for we are a colony you enjoy some benefits we people from Puerto Rico don’t. The more people outside the island buy land here the more expensive it is for to survive here. Please be aware that this video is quite ignorant I recommend you do some research, this is quite depressing for me to see my home being sold away and my family,friends and community suffer more.
When more people come to the island, it can increase tax revenue and support its needs in terms of infrastructure, education, public works, etc. There are still a lot of vacant homes and land that don't earn tax revenue without a taxpaying buyer. So far, there's still enough for outsiders and Puerto Ricans to own a piece of paradise. The rise in property prices is not due to outsiders buying property. It's because PR uses the dollar, which consistently depreciates against real estate. We have the very same issue in the states. Also, your politicians have sold your industries to outsiders, which jack up food prices and the price of other goods. Take that up with them. I come here, learn the language, live among the people, contribute via taxes, buy and hire local. I'm adding to PR's economy, not taking away from it. Anyone of any origin can support and love this beautiful island with their dollars.
A word of caution, many PRican exiles decide to retire and return, they find a very nice deal and after they move in they find out that next door there is a punto, a drug selling joint and some unsavory neighbors.
First things first, Puerto Rico is NOT a territory of the US, it is a "MERE POSSESSION", SCOTUS words, we are considered "foreign, in a domestic sense", SCOTUS words. Once you become a bonafide resident you do NOT have to file federal taxes, BUT you will lose some of your rights, like voting rights, it is ILLEGAL for Puerto Rico residents to vote for congress and for the president, unless, you work for the federal government, like in the FBI, and have to file federal taxes, it is assumed that you are a temporary long term resident, on assignment. Second, many US settlers are being scammed when buying properties in PR, prices are being jacked up, even for piles of sanding rubble, at the same time we PRicans are being priced out of the housing market, and we are not happy, that is causing locals to rethink our situation as a colony, it is gentrification, as in Hawaii, and what happened to native Americans. The housing bubble in CONUS is bursting, and housing prices are dropping, real estate agents in Puerto Rico, are filing for bankruptcy, many of them foreigners. Services are piss poor like internet, LUMA electricity, and roads. People are not happy and independence vote, according to the state hooders, rose from 2% to 33%. The current regime, pro statehood, went from 57% to a 39%, being that in the status ballot many chose to leave it blank and the closest approximation of the preference is the governor vote. Four more years of a corrupt government that 61% do not want will worsen things in the island and there will be a rise in crime and popular unrest. ruclips.net/video/Tt-mpuR_QHQ/видео.html
Thank you for you comment and watching! Please accept this free gift as a token of my appreciation for your support: principlesofincrease.com/10-scriptures
Wikipedia- Latin America then comprises all of the countries in the Americas that were once part of the Spanish, Portuguese, and French Empires. Puerto Rico, although not a sovereign nation, is often included.
This is happening all over the world! Even in Florida when the NYorkers decide to buy homes in Florida and outbidding the locals! Also in the 70s the NYorkricans did it to the locals.Also Dominicans, Europeans etc So get used to.
I can do that, too. But I like Puerto Rico. Tons of Puerto Ricans come to my neighborhoods in Chicago and then when I moved to Florida I experienced them. I don't tell them to go home. I embrace them with open arms and learn more about the language, culture and struggles. I like it here, have friends here, spend money here and promote tourism here to strengthen the economy. Don't put everyone in the same category. I am a productive promoter of PR and all things PR. I'm an ally and friend, so stop.
Hello dear friend, Hope you are well. Your content is very good. I have inspected and audited your channel and found that there are some issues in your channel due to which views and subscriptions are not increasing in your channel. If you want I can suggest to grow your channel?.as a youtube expert. I am waiting for your reply. Have a good day. Best regards Supravat Das
Just spent 4 months, and all I saw were starving animals! So many cats dying. And abandoned dogs running all over the place! Shame on you P Rico! It’s a s(:t hole
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I Hope you are proud of your contribution on gentrifying the island of PR.[
I'm not sure what that means, but ok.
What it means is that outsiders are coming with lots of $$$ and invest in real state, paying overprice and inflating the value of real state here. Meanwhile, the local people cannot afford the inflated prices and are displaced and forced to emigrate. That is due the gentrificafion being caused by american and foreign investors settling on the island and establishing Airbnbs everywhere
@@noguaynabitalol it’s happening in every city. Why don’t you go do something about it instead of complaining on utube
Really appreciate your content
I like the way you explain 🙂
Thank you for watching. I hope it's been helpful!
thanks for sharing your wisdom. i learned something new!
Very cool info🗽👀👀👌👍like everything else u make ur own decision..vanilla or chocolate..every person is a world.👍👍
Exacto
So nice!
Thank you for watching!
Este es el ejemplo perfecto del porqué luchamos y seguiremos luchando en contra de la Ley 60.
Thanks so much for sharing your knowledge and experience!
Fam and I looking at moving there later this year. Dropping everything in Oregon (cold rain) and moving South!
Nice! Please email me at helloemberconsulting@gmail.com if you have any questions.
Don't come here.
What kind of loan did you get and what were its criteria? For example, if I don't live in Puerto Rico, how can I get a conventional or FHA loan?
Hello Frank, I didn't get a loan on this property, but you can get an FHA loan from many lenders in the states or here in PR. If you email me at helloemberconsulting@gmail.com I can send you a few lenders that will allow you to do FHA for PR properties.
Wonderful video! Thanks for sharing!
Thanks for watching!
I definately would need help finding something in pr to rent or purchase. Im on a low income around 11k a year.
Would you consider the Dominican Republic? There are properties there starting in the $50Ks
Staying in usa or a us territory is important to keep certain benefits.
@@chrisf6037 Which benefits are you referring to?
Medicare and ebt and other services. And some that are on ssi ssdi would need to consider that as well. And being on a fixed income as a senior on just social security i think.
I would love to stay in a us territory and have it be affordable. I have also looked into it. Unfortunately its probably not possible from your responses.
Good information. I will drive for dollars all day on the island.. lol..I also heard from a person who goes back and forth from the island of walking into the area city hall or calling and asking them if they have any properties for sale. I'm not sure how true that is. It's worth a shot.
That's a good idea. There are lots of properties around here labeled 'publico subasta' So I think it's worth since inventory has been so low.
@PrinciplesofIncreaseTV Thank you for the reply. That could be a good video. Have a nice day
Muy agradecido por la informacion. Estas situada en Puerto Rico y dispuesta a ayudar?
Si, te puedo ayudar encontrar propriedades...Ponte tú información en este formulario para que nos comuniquemos bit.ly/48OZ73H
Can you do a video on the areas/regions you considered and the pros and cons(eg west coast, east, south)-I’m of Puerto Rican descent and need a piece of our beautiful island!
That's a good idea. I haven't been every place on the island, but I can tell you all the great parts of the North Coast and West Side where I'm most familiar.
The whole South área is the most affordable in 🇵🇷 in reference to housing.
@@hernandez-perezandroid5983 Yes! You can go to different areas and find many inexpensive options. The mountain areas can be very cheap,too.
@@PrinciplesofIncreaseTV thank you both-yes I’ve seen some areas in the south that are enticing-muanabo appears to be one
Hi there! Really good nuggets here, thanks! Could you connect me with your POC for purchasing property in PR?
Yes. Please email me at helloemberconsulting@gmail.com
Looking for a property in arecibo.There was a house i found that I wanted to buy but lost contact with that owner.Im sure someone else owns it now.
Fernando, complete the form so I can reach out to you with more info: bit.ly/48OZ73H
Yeah and kicking us out to at the same time. Being a territory doesn’t mean you can do whatever is in your power, we were born there, I was born there and for experience I’ve being kicked out from a previously public beach, just after some foreigners came bought the land and wanted to make the beach a privet one, that is not right. How would you feel if I buy a house on a lakeside and closed it for the public and keep it to myself. And I just trying to make a point here.
People move to places all around the world to enjoy the culture and attractions.
Y no me llamo Juan!!
Your viewing this from the wrong prospective. Don't blame the buyer blame the government if you don't like it then go to the root of the problem just like people in US who blame businesses and companies are idiots. Blame the government and courts that we allow in office who allow things that may be wrong in our eyes or even in the eyes of the law to occur. They are the enemy not the buyers or people who take advantage of the system that doesn't enforce it's own laws
My wife is Puerto Rican. I personally spend a lot of time on the island when money allows it. I also spend a lot of time actually going to the rivers and beaches so I appreciate the public land just as much as anyone else.
No one is kicking anyone out. Stop spread fake news. This land is our land collectively. What is happening now is for the better of Puerto rico.
@@BRWfilms alot you are paying the govement. We have prove.
Hey I am look to fine a rental in Puerto Rico can you help?
Yes. Please email me at helloemberconsulting@gmail.com if you have any questions.
I’m going to be there next weekend. I’d love to connect with you. How can I contact you?
My apologies for the late reply....even if you've left...place your information here so we can connect and I can help you out! bit.ly/48OZ73H
I purchased in Aguadilla in 2021, found the house on clasificado and met with the sellers broker! I brokered the deal myself from the offer to closing, only with the support of the sellers broker! Losing was seamless and I even got the house for $35000 less!
If you are looking to improve our RUclips ranking and get more views on your videos,then working with a RUclips expert can be a great idea. They can help you with things like video SEO, thumbnail design, and more.
Lived here now 4 years and moving out. Is ready a flowing garbage dump. Beautiful places and beaches, but from east to west, north to south is full of garbage. Infrastructure is falling apart potholes all over the place and that’s just the beginning. Puerto Rico has not realtor to representa buyer. So be aware. Agents are bought on the side to give a buyer priority, not common but it happens and it did to me. Closing cost are expensive to buy and more to sell.
I'm sorry you had that experience. Living on an island isn't for everyone. I've had many challenges, too. So, I understand your concerns.
If you move to Puerto Rico, don't just make short-term rentals. Contribute to the wellness of society by offering affordable, long-term rentals for locals as well.
In order to find cheap property in Puerto Rico, you have to look deep in the countryside.
Yes, that is true. I wish I remembered to include that in the video!
@@TempestadNubeNegraoh si como si los gringos fuesen analfabetas.
Im looking into it for sure
Thank you for you comment and watching! Please accept this free gift as a token of my appreciation for your support: principlesofincrease.com/10-scriptures
Thank you for you comment and watching! Please accept this free gift as a token of my appreciation for your support: principlesofincrease.com/10-scriptures
👍🏻
I will be there in August l, will you be around. Love to have lunch.
Yes, please reach out to me on IG @principlesofincrease
Also, Please email me at helloemberconsulting@gmail.com if you have any questions.
Puerto Rico properties are not affordable unless you buy a rundown property. Agents do not respond and are arrogant. The common answer is “ the property is already under contract” I am from PR so unless you want to spent between 300k or 400k or more. Then other factors such as high crime areas and infrastructure are behind times.
You can get a rundown property, but the bank will give you money to fix it up. My property was less than $120K and I routinely run into properties that are under $100K. I just put an offer on a place that was on a foreclosure list for $5K. You will have to look, but there are opportunities out there. If you are interested, I am happy to help you find something affordable.
I do not mind well intentined people that come as tourists for some days and contribute to our economy, But these outsiders are coming with lots of $$$ and invest in real state, paying overprice and inflating the value of real state here. Meanwhile, the local people cannot afford the inflated prices and are displaced and forced to emigrate. That is due the gentrificafion being caused by american and foreign investors settling on the island and establishing Airbnbs everywhere
I paid less than $120K for my home and there are still MANY homes in the $50K-$80K range on the island. You just have to look a little. There are pockets where real estate is still incredibly affordable.
Im surprised people don’t see the problem by doing this. As someone born and raised in Puerto Rico, don’t do this, by buying land your increasing our taxes and lowering our life quality as for we are a colony you enjoy some benefits we people from Puerto Rico don’t. The more people outside the island buy land here the more expensive it is for to survive here. Please be aware that this video is quite ignorant I recommend you do some research, this is quite depressing for me to see my home being sold away and my family,friends and community suffer more.
When more people come to the island, it can increase tax revenue and support its needs in terms of infrastructure, education, public works, etc. There are still a lot of vacant homes and land that don't earn tax revenue without a taxpaying buyer. So far, there's still enough for outsiders and Puerto Ricans to own a piece of paradise. The rise in property prices is not due to outsiders buying property. It's because PR uses the dollar, which consistently depreciates against real estate. We have the very same issue in the states. Also, your politicians have sold your industries to outsiders, which jack up food prices and the price of other goods. Take that up with them. I come here, learn the language, live among the people, contribute via taxes, buy and hire local. I'm adding to PR's economy, not taking away from it. Anyone of any origin can support and love this beautiful island with their dollars.
A word of caution, many PRican exiles decide to retire and return, they find a very nice deal and after they move in they find out that next door there is a punto, a drug selling joint and some unsavory neighbors.
Are they STIll f uc ked up about TAXes of all kinds and shortage on teachers??
There are some infrastructure issues that need to be addressed, for sure.
First things first, Puerto Rico is NOT a territory of the US, it is a "MERE POSSESSION", SCOTUS words, we are considered "foreign, in a domestic sense", SCOTUS words. Once you become a bonafide resident you do NOT have to file federal taxes, BUT you will lose some of your rights, like voting rights, it is ILLEGAL for Puerto Rico residents to vote for congress and for the president, unless, you work for the federal government, like in the FBI, and have to file federal taxes, it is assumed that you are a temporary long term resident, on assignment.
Second, many US settlers are being scammed when buying properties in PR, prices are being jacked up, even for piles of sanding rubble, at the same time we PRicans are being priced out of the housing market, and we are not happy, that is causing locals to rethink our situation as a colony, it is gentrification, as in Hawaii, and what happened to native Americans. The housing bubble in CONUS is bursting, and housing prices are dropping, real estate agents in Puerto Rico, are filing for bankruptcy, many of them foreigners. Services are piss poor like internet, LUMA electricity, and roads. People are not happy and independence vote, according to the state hooders, rose from 2% to 33%. The current regime, pro statehood, went from 57% to a 39%, being that in the status ballot many chose to leave it blank and the closest approximation of the preference is the governor vote. Four more years of a corrupt government that 61% do not want will worsen things in the island and there will be a rise in crime and popular unrest. ruclips.net/video/Tt-mpuR_QHQ/видео.html
just because you can dont mean you should. Many Puerto ans are losing their ancestral home to continued colonization
Thank you for watching! Please accept this free gift as a token of my appreciation for your support: principlesofincrease.com/10-scriptures
This is every where in the world
@@mrexotic10himself Yes, it can apply in many places.
Tax free for the rich that's why they go there the poor people pay for what the rich don't pay sad
Thank you for you comment and watching! Please accept this free gift as a token of my appreciation for your support: principlesofincrease.com/10-scriptures
Hello dear ma'am! Can i suggest to grow your RUclips channel?
Stop calling Puerto Rico Latin America
Wikipedia- Latin America then comprises all of the countries in the Americas that were once part of the Spanish, Portuguese, and French Empires. Puerto Rico, although not a sovereign nation, is often included.
its ahelpful video.
This is a scam
How?
This is happening all over the world! Even in Florida when the NYorkers decide to buy homes in Florida and outbidding the locals!
Also in the 70s the NYorkricans did it to the locals.Also Dominicans, Europeans etc
So get used to.
Just buy something in Miami. Leave Borinquen for Boricuas. You don't want us here (in the US), but you're buying up our land.
I can do that, too. But I like Puerto Rico. Tons of Puerto Ricans come to my neighborhoods in Chicago and then when I moved to Florida I experienced them. I don't tell them to go home. I embrace them with open arms and learn more about the language, culture and struggles. I like it here, have friends here, spend money here and promote tourism here to strengthen the economy. Don't put everyone in the same category. I am a productive promoter of PR and all things PR. I'm an ally and friend, so stop.
so excited for this video! thank you! i would love your references i am on instagram ❤
Hello dear friend,
Hope you are well. Your content is very good. I have inspected and audited your channel and found that there are some issues in your channel due to which views and subscriptions are not increasing in your channel. If you want I can suggest to grow your channel?.as a youtube expert. I am waiting for your reply. Have a good day.
Best regards
Supravat Das
Just spent 4 months, and all I saw were starving animals! So many cats dying. And abandoned dogs running all over the place! Shame on you P Rico! It’s a s(:t hole
It definitely depends on where you go. Some places are nicer than others.