I Purchased My First Property in Sosua, Dominican Republic Part 2

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  • Опубликовано: 22 авг 2024
  • In today's video, I will be discussing the process of buying real estate in Sosúa, Dominican Republic. This is the second part of my initial video, where I will provide more comprehensive information about real estate taxes, property management, employee payments, and important considerations before and after purchasing a property in the Dominican Republic.
    If you have any further inquiries, feel free to contact me via Instagram at @Jamesletswin.
    Airbnb Link: www.airbnb.com/h/letswindr

Комментарии • 145

  • @ricolaw1033
    @ricolaw1033 11 месяцев назад +7

    You a good dude for giving him a second chance!! Salute

    • @jamesletswin
      @jamesletswin  11 месяцев назад +3

      Yeah! and now look. 6 years later still hold it down

  • @arestar434
    @arestar434 11 месяцев назад +7

    That's so true about the bed 🛌. A lot of beds in the Su are trash. They fall apart when you're putting in work.

    • @jamesletswin
      @jamesletswin  11 месяцев назад +2

      Facts.

    • @ricolaw1033
      @ricolaw1033 11 месяцев назад +1

      I broke a bed in Santo Domingo. Maybe it’s a DR thing 😂😂😂😂

    • @jamesletswin
      @jamesletswin  11 месяцев назад +1

      @@ricolaw1033 🤣🤣😂😂

  • @KappaMan69
    @KappaMan69 11 месяцев назад +10

    Congrats! Bruh - I paid $200K for my Condo there. New construction - Casa Linda Connections. U got a deal.

    • @jamesletswin
      @jamesletswin  11 месяцев назад +1

      That’s what’s up. Congratulations. When did you purchase because 2 years ago the prices is not like they are now.

    • @rodneyjones5796
      @rodneyjones5796 11 месяцев назад +2

      It's funny you mentioned Casa Linda. That's the area Im thinking of building in.

    • @builttolaugh
      @builttolaugh 10 месяцев назад

      @@rodneyjones5796get ready for HoAs and a bunch of restrictions… basically a few smart folks forming hoas to take $$$$

    • @jspotmusic
      @jspotmusic 3 месяца назад

      Watch out for casa Linda fees… it was crazy… it’s community power.. you bill is split between everyone in the community it’s not metered to just your home

    • @Badhans2007
      @Badhans2007 Месяц назад

      ​@jspotmusic that's PURE B.S.

  • @biabiggi7503
    @biabiggi7503 8 месяцев назад +4

    You have to link the music video, now that we know the back story. In a way, it becomes brilliant marketing for the video although it was not the idea, or maybe it was 😁😁Anyhow its a hilarious backstory 😁

    • @jamesletswin
      @jamesletswin  8 месяцев назад +1

      ruclips.net/video/Xm4d-ZPM1cM/видео.htmlsi=2Jv_I32zo0-RcH7p

  • @moneymatterswithtrevorbest2156
    @moneymatterswithtrevorbest2156 Месяц назад

    I'm loving that you gave that young brother an opportunity. We have to pass on the knowledge and the love. Much respect brother.

  • @richardfrancis2609
    @richardfrancis2609 11 месяцев назад +4

    Respect my young brother. Continued success. Keep educating the brothers and sisters on how to do business in a righteous way. Peace and blessings to you.

    • @jamesletswin
      @jamesletswin  11 месяцев назад +1

      I appreciate you watching, brother, and the kind words. Let's win!

  • @mikelard
    @mikelard 10 месяцев назад +2

    .. when you by a property in Dominican republic .. you need to pay transfer taxes .. that is the tax that is incurred when transferring the property into your name .. same as the US.. .In DR is 3% the purchase price.. then the other tax on the property is property tax .. yearly. . This is only paid in the DR, if the property or properties that you own have a value higher than 8,830,000 pesos .. or .. over 150,000$ US dollar .. .then you pay 1% of the value.. . just a little bit of info if anyone is wondering. . therefore if you property is valued less than 8,000,000 pesos .. you dont pay any property taxes at all.

  • @ricolaw1033
    @ricolaw1033 11 месяцев назад +4

    Remitly is that wave. I use the same thing for my businesses down there. Got a small hair salon and boutique in Santo Domingo.

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      That’s what’s up. 💪🏾💯

  • @d.s.6868
    @d.s.6868 11 месяцев назад +7

    Really appreciate this series. This is exactly the info I've been looking for

    • @jamesletswin
      @jamesletswin  11 месяцев назад +2

      Thanks for watching bro. Let’s Win!

  • @screenflowfinalcutphotosho7554
    @screenflowfinalcutphotosho7554 11 месяцев назад +5

    Dope video man. A lot of free gems. Seems like teaching real estate online could also be your niche. Maybe create some courses and so on in the future for newer people looking to get into the airbnb/rental space. A lot of people teaching but not that look like us

    • @jamesletswin
      @jamesletswin  11 месяцев назад +3

      I appreciate you for watching, bro. Teaching real estate sounds like a job to me 😂😂, and I'm retired now. I am working on an ebook now on how I became the number 1 Airbnb in the entire state of Georgia and the steps I took to get there.

    • @seckoya
      @seckoya 11 месяцев назад +1

      ​@@jamesletswinLet us know when your ebook is released and the platforms

  • @kingbydesign
    @kingbydesign 10 месяцев назад +3

    Thanks for the information brother! You have a humble soul.

    • @jamesletswin
      @jamesletswin  10 месяцев назад +1

      I appreciate you for watching Bro. Let’s Win!

  • @rodwarrentv
    @rodwarrentv 11 месяцев назад +4

    Yoooo James! Came Across Your Videos Last Week and I'm Loving The Content! Let's Win

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      I appreciate you for watching. I’m still not at that RUclips thing, but I’m learning every day. Let’s Win! 💪🏾💯

  • @dmuga100grand
    @dmuga100grand 11 месяцев назад +4

    The motoconcho made a fire video though

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      He did me dirty tho 🤦🏾‍♂️🤣🤣🤣

    • @SeanJay420
      @SeanJay420 11 месяцев назад +1

      ​@@jamesletswindamn this was too funny bro

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      @@SeanJay420 😂😂

  • @DonJose86
    @DonJose86 8 месяцев назад +2

    That how u do it, mold them and put em under the wing, love our ny hustle anywhere we go

  • @titeofcpt2867
    @titeofcpt2867 11 месяцев назад +3

    Yo I agree with seeing something Good in someone and bringing it out in them. This Blessed me ❤

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      Some people see a guy on the street and give up on him. Not me. If they're not too far gone, they have some kind of hope.

    • @titeofcpt2867
      @titeofcpt2867 11 месяцев назад +1

      @@jamesletswin Geah. Everyone i deal with in the DR is automatically being evaluated for being on the Team.

  • @DemondGregory
    @DemondGregory 8 месяцев назад +1

    Appreciate you my brother!!! Thanks for the heads-up. Looking forward to meeting up with you when I touch down there soon. Stay blessed family. 🙏

    • @jamesletswin
      @jamesletswin  8 месяцев назад

      I appreciate you for watching bro. Let’s Win!

  • @wdrcinsantodomingo
    @wdrcinsantodomingo 11 месяцев назад +2

    Good to see a video about buying property from someone who has done it. Too many RUclipsrs trying to sell real-estate but haven't done it themselves. Also learn the labor laws. You can really get jammed up

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      Thanks for watching bro. Let’s Win! 💪🏾💯

  • @bryanchrisjoseph5526
    @bryanchrisjoseph5526 10 месяцев назад +2

    Just subscribed. Your videos are inspiring & motivational. I also appreciate the transparency. A lot of folks are not built like that 💯

    • @jamesletswin
      @jamesletswin  10 месяцев назад +2

      I appreciate you brother. Thanks for watching. I still new to RUclips but I got some great things coming soon.

  • @user-rl3dz7hj1f
    @user-rl3dz7hj1f 2 месяца назад +1

    Hey James, I respect your content my bro, stat bless!

    • @jamesletswin
      @jamesletswin  2 месяца назад

      I appreciate you for watching bro. Let’s Win! 💪🏾💯

  • @seanjackson5262
    @seanjackson5262 7 месяцев назад +2

    Congratulations James!! I ve watched all your videos and I’m very impressed on how you handle your business. I’m also a real estate investor and would like to talk in person or over the phone someday. I’m interested in investing in a property in Dominican at some point. Can you share your attorney contact? Thanks

    • @Matthias.Instyle
      @Matthias.Instyle 4 месяца назад

      Hey Sean, I am an Agent in Sosua. If you are still looking for something I would be glad to help you and show you some options.

  • @clydewright3957
    @clydewright3957 6 месяцев назад +1

    Great video bro

    • @jamesletswin
      @jamesletswin  4 месяца назад

      I appreciate you from watching Brother. #LetsWin🏆

  • @user-nw6zj7bp8v
    @user-nw6zj7bp8v 10 месяцев назад +1

    Honesty is the missing link in today’s world 💯❤️✌🏾

    • @jamesletswin
      @jamesletswin  10 месяцев назад

      Thanks for watching. Let’s Win!

  • @drewsmith225
    @drewsmith225 5 месяцев назад +1

    I appreciate you taking the time to make this video . I have a few questions if you are still available. I am ready to purchase a similar property to yours.

    • @jamesletswin
      @jamesletswin  5 месяцев назад

      What’s good bro! I appreciate you for watching. You have to remember I purchased my property 2-1/2 years ago and prices are up now. Hit me on Instagram at @JamesLetsWin

  • @user-hg2bl5yh3x
    @user-hg2bl5yh3x 5 месяцев назад +1

    appreciate the detailed insight into everything thanks for this 💯

    • @jamesletswin
      @jamesletswin  4 месяца назад

      I appreciate you for watching bro. Let’s Win!

  • @jaydaallen3283
    @jaydaallen3283 11 месяцев назад +1

    Fire Video, Such a informational video. I know youre helping a lot of people. :)

    • @jamesletswin
      @jamesletswin  11 месяцев назад +1

      I love you baby girl. Let’s Win! ❤️

  • @JeanPascalNerisma
    @JeanPascalNerisma 4 месяца назад +1

    Hi James, I really like your travel tips and especially from Sosua because I am in the process of buying a house there. I'm from Canada. in this video you talk about custom-made beds....so what is the name of the place to have very solid beds made? lol

    • @jamesletswin
      @jamesletswin  4 месяца назад

      What’s good bro. I appreciate you for subscribing. Hit me on Instagram @JamesLetsWin I’ll give you all that information.

  • @moebetter3143
    @moebetter3143 11 месяцев назад +1

    Let's Go James! 💪🏿😁 school is in session ✍️🏿

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      You already know. Let’s Win! 💪🏾💯

  • @lenny364
    @lenny364 11 месяцев назад +1

    Great content bro. Keep up the good work. Enjoyed the story of your employees. Thank you for sharing.

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      I appreciate you for watching bro! Let’s Win! 💪🏾

  • @toniomob7591
    @toniomob7591 11 месяцев назад +1

    Keep going bruh....Let's Win

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      Thanks for watching Bro, Lets Win!

  • @kaliefspruiel1258
    @kaliefspruiel1258 10 месяцев назад +1

    Very amazing information may god keep rewording you and increasing you more in knowledge you will be hearing from me thanks

    • @jamesletswin
      @jamesletswin  10 месяцев назад

      I appreciate you for watching. Let’s Win!

  • @ronniepajas1872
    @ronniepajas1872 11 месяцев назад +1

    Keep winning, beware if the tigure y chapis. But I really enjoy staying in Santiago when I go and I find the people in the cibao are much more trust worthy.

    • @jamesletswin
      @jamesletswin  11 месяцев назад +1

      The Dominican people that live in areas away from the tourist zone seem to be more trustworthy but you still gotta be on point. Thanks for watching bro. Let’s Win!’

  • @freddiemac111
    @freddiemac111 11 месяцев назад +2

    Thanks brother video was very informative will be using your Resoure

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      Freddie thanks for watching bro. Let’s Win!

  • @NateMcFarlan
    @NateMcFarlan 11 месяцев назад +2

    siempre 🔥🔥🔥contenido #letswin

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      Let’s Win! 💪🏾🔥🔥🔥🔥

  • @elcokolomaderito
    @elcokolomaderito 11 месяцев назад +1

    🤣🤣🤣🤣🤣🤣 Let’s Win Mmg😅😅😅 Mueve tu Chapaaaa❤

    • @jamesletswin
      @jamesletswin  11 месяцев назад +1

      Let’s Win! 🔥🔥🔥🔥

  • @mariaysabelmarte3636
    @mariaysabelmarte3636 11 месяцев назад +1

    Let’s win 🥇❤️‍🔥❤️‍🔥❤️‍🔥

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      Let’s Win! 🙏🏾❤️

  • @jhardy8036
    @jhardy8036 11 месяцев назад +2

    Informative video, Im also thinking about getting a spot in the DR as well but need to see which city. Im leaning towards Santo Domingo, Santiago or Puerto Plata.

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      Thanks for watching bro. Question. What are you trying to do in those area? Use it as rentals or live in the spot?

    • @jhardy8036
      @jhardy8036 11 месяцев назад +1

      @@jamesletswin I would live in it 4 to 6 months a year and rent when not there. Not ready just yet to live there full time.

  • @HRHPDTV
    @HRHPDTV 11 месяцев назад +1

    This story is invaluable! If only I had a Palito as a right hand. I'm trying tho, but I have major trust issues. BTW, your Air B&B is superb! If only you'd make an exception and allow one night stays. I just wanna slide thru "The Sou" not linger! 😂

    • @jamesletswin
      @jamesletswin  11 месяцев назад +1

      Good looking sis. I make the rules and break the rules and we can definitely make a one night stay possible.💪🏾🤣🤣

    • @HRHPDTV
      @HRHPDTV 11 месяцев назад +1

      @jamesletswin Gracias! I will send you a DM when I'm ready to book. Thanks again!

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      @@HRHPDTV Okay cool.

  • @StevenEdward0
    @StevenEdward0 7 месяцев назад +1

    🔥

    • @jamesletswin
      @jamesletswin  7 месяцев назад

      Thanks for watching bro. Let’s Win!

  • @privatecontractor6385
    @privatecontractor6385 11 месяцев назад +1

    I'm Happy for you

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      I appreciate you bro! Let’s Win!

  • @josesantiago4275
    @josesantiago4275 7 месяцев назад +1

    James I work for a airlines and based on what you say is the spots I basically go to when will we get new content from Thailand

    • @jamesletswin
      @jamesletswin  7 месяцев назад

      I’ll be going back home in February so will differently have new content from Thailand. Thanks for watching bro. Let’s Win!

  • @user-fj6ux5gb6q
    @user-fj6ux5gb6q 11 месяцев назад +1

    Hi James. Enjoyed you video. Can you share which company you used to send building supplies overseas please.

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      I appreciate you for watching, brother. I used a company named Blumbox, but remember, I could only send certain things because import charges are crazy. Anytime you order something over US$200, you have to pay import taxes. When I purchase something, I try to make sure it's under $200.

  • @kapillantigua1504
    @kapillantigua1504 11 месяцев назад +1

    it was a very informative video

    • @jamesletswin
      @jamesletswin  11 месяцев назад +1

      I appreciate you for watching. 💪🏾💯

  • @jacquandarva4959
    @jacquandarva4959 11 месяцев назад +1

    Quick question who did you go to to make your intro video and your watermark stamp at the end that’s says thanks for watching with your photo the moving video at the end

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      What’s good bro. I used Fiverr for all that. I think I paid $30 total for everything.

  • @tommywatson1527
    @tommywatson1527 10 месяцев назад +1

    I think you should have let your boy know soon as u got her number. But he is trippihng if it caused any issues. Can we get a vid of the blk owned businesses in Thailand??

    • @jamesletswin
      @jamesletswin  10 месяцев назад

      🤣🤣 You didn’t watch the entire video. I didn’t get her number and I didn’t try to holla but I got some great content coming bro. The time difference got me feeling crazy but as soon I get my feet under me it’s go time. Thanks for watching. Let’s Win!

  • @jeanjacquesalston577
    @jeanjacquesalston577 11 месяцев назад +1

    Thanks for sharing your process. I saw you at kings Rumbas Saturday night. You was moving very fast so i was unable to show love. Thanks again.

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      Thanks for watching bro. I was just in there to get food and I was outta there lol. 💪🏾💯

  • @melvindachef
    @melvindachef 2 месяца назад +2

    Brother where are you from? I ask because you said the word Boss different lol

    • @jamesletswin
      @jamesletswin  2 месяца назад +1

      I’m from Brooklyn. I’m not sure what you mean tho.

    • @melvindachef
      @melvindachef 2 месяца назад

      @@jamesletswin Brooklyn, I knew it🔥 lol you said the word Boss like the Brooklyn mob movies … I never been to new York before

  • @simthetravelrapper1581
    @simthetravelrapper1581 4 месяца назад

    lol he did a video with the money lol😅glad he made up for it. María will keep him sharp and competitive so he doesn’t slack off

  • @CalgraphicaFootage
    @CalgraphicaFootage 11 месяцев назад +1

    I fell out of my chair when the rapero video came on. 💀💀

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      He did me dirty 🤦🏾‍♂️🤣🤣🤣

  • @MunecaFashionandFitness
    @MunecaFashionandFitness 11 месяцев назад +1

    🔥🔥

  • @alvinhosein8837
    @alvinhosein8837 7 месяцев назад +1

    Hi i saw you loved from dr are you selling tour spot

    • @jamesletswin
      @jamesletswin  7 месяцев назад

      Selling tour spots? I don’t sell anything in Dominican Republic only rental condos

  • @LouJefe
    @LouJefe 10 месяцев назад

    I'm tryna get me a crib over seas

    • @jamesletswin
      @jamesletswin  10 месяцев назад

      What’s good Bro. Holla at me on IG @JamesLetsWin and let’s chop it up one day. Let’s Win!

  • @lavelamusic
    @lavelamusic 11 месяцев назад +1

    Can you share the music video please?

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      That’s my cousin song. Thanks for watching. ruclips.net/video/4BkutNc3_PE/видео.htmlsi=6MHjKZ2DG-H_yYjL

  • @brandonlevy7462
    @brandonlevy7462 11 месяцев назад +1

    Palito🔥🔥🔥

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      💪🏾💯🔥🔥🔥🔥

  • @melvindachef
    @melvindachef 2 месяца назад +2

    J do you speak Spanish?

    • @jamesletswin
      @jamesletswin  2 месяца назад +1

      Check out my instagram: @JamesLetsWin

  • @ricolaw1033
    @ricolaw1033 11 месяцев назад +2

    You can’t hustle a hustler!! Some grown men there will call you their brother or friend but steady trying to line you up with sob stories for money. Nah, I ain’t got it B, ninjas be hungry every day B!! 😂😂😂😂

  • @angelicalmartinez9674
    @angelicalmartinez9674 11 месяцев назад +1

    🖒

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      Let’s Win! 🙏🏾❤️

  • @ironman332
    @ironman332 11 месяцев назад +1

    What are you talking about I'm drinking and watching your video a 35 minute one and want to hear more maybe because I even there in sosua

  • @jonathanforde7904
    @jonathanforde7904 4 месяца назад

    What company made the bed for you can I have the number?

  • @benknight7208
    @benknight7208 8 месяцев назад

    Hey James! Where is your airbnb sosua located

    • @jamesletswin
      @jamesletswin  8 месяцев назад

      Right on the main strip. Pedro Clisante.

    • @jamesletswin
      @jamesletswin  8 месяцев назад

      www.airbnb.com/h/letswindr

  • @zodiac247eb
    @zodiac247eb 11 месяцев назад +1

    Are still in Sosua brother?

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      What’s good bro. Yes I’m here.

  • @LouJefe
    @LouJefe 10 месяцев назад

    He made a video 😂😂😂😂😂😂😂

    • @jamesletswin
      @jamesletswin  10 месяцев назад

      Why wouldn’t I make a video. This was the plan?

  • @rahsta106
    @rahsta106 11 месяцев назад +1

    Remember you will always be a Gringo. Stay safe

    • @jamesletswin
      @jamesletswin  11 месяцев назад +2

      I never forgot that I was a gringo. What does it sound like, let me guard down? Being a smart gringo is an advantage. Let’s Win!

    • @rahsta106
      @rahsta106 11 месяцев назад +1

      @jamesletswin ok, that's good. Keep winning.

    • @jamesletswin
      @jamesletswin  11 месяцев назад

      @@rahsta106 💪🏾💯

  • @TheInternationalAsshole
    @TheInternationalAsshole 11 месяцев назад +1

    Are you trying to find properties in Pattaya now

    • @jamesletswin
      @jamesletswin  11 месяцев назад +2

      No, I am retired and am not interested in any more investments. Property investment in Thailand is not really profitable unless you have a long-term perspective, and the real estate laws are different for foreigners, who cannot own land.