www.CostaRicaTicas.com

Gee. so sorry to upset your sensibilities . I really don't require your permission to publish anything. If publishing this info helps just one member to know the problems that would be associated with perhaps buying 10-100 beach view acres in Guanacaste or the Penisula of Osa than its worthwhile to post it. My question to you is why are you getting so tweaked about it if you have no vested interest in warning folks of potential problems.

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“Good people sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.” And we are the guys that keep them in Eggs & Grits

double post

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“Good people sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.” And we are the guys that keep them in Eggs & Grits

So in one post you say you don't own or have rental property in CR and in another you say you do? Which is it? I think we are getting closer to the OX being gored or the hot iron in the fire

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“Good people sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.” And we are the guys that keep them in Eggs & Grits

A friend of a friend? Not a very strong reference. Also, your article talks about unimproved land. Unless we have some farmers among us, not very likely any CRT members would be interested in unimproved agrarian land.

I think all of those people that heard the story from "a friend of a friend" probably all heard about the same case and I believe that case involved an ex-Tico business partner. The guy involved has a website all about it.

The friend is a guy I have known for 25 years or more is a West Pointer and MP Officer who does not hang with liars and as I admitted my most recent experience discussing this was merely anecdotal, which means it is not established fact. OK, how bout the post from the embassy? Are they equally unreliable??? This is getting good!!! Here are two more links that specifically mention near beach properties

http://ticotimes.com/costa-rica/squatte ... ers-rights
http://www.costaricaretirementvacationp ... atters.htm
Judge for yourself whether it is a problem or not. I am out!! Happy Veterans Day to all you Vets!!!!

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“Good people sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.” And we are the guys that keep them in Eggs & Grits

When I first went Skydiving, I had to sign a piece of paper that said , " YOU MAY DIE TODAY . SKYDIVING IS DANGEROUS".

My goal is not to worry with weathered investors. They can handle themselves, but being one, I still recommend living here for several years before buying. My goal is for the average CRT guy to understand that there is a 'learning curve' here in Costa Rica. No need at all to rush a purchase !

The guys that will read this entire post as well as other post here on CRT and still want to purchase have at least been warned.

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* These are the "Good Ole Days". Enjoy Them.

* RENT but, "Don't Buy a Home in Costa Rica" until you have lived here for THREE years.

Where do you get the idea you upset me or that I was in anyway inferring you needed my permission to publish anything???. I am in agreement with you that you need to be aware of the squatting issue and I even posted the method to make it not be an issue. I am certainly not "tweaked" and definitely don't have any issues with anyone posting warnings, but when someone makes assertions implying that NO ONE should buy in Costa Rica just because THEY have had personal issues and problems, I think that is a little ridiculous and simply wanted to point out my experience and some common sense. For the 4th time now, it's not for everyone and it's not for most- but for SOME people it makes sense to buy there, they can circumvent a lot of the downside and they can maximize the upsides and they quite possibly can make rental income while they own and profit when they sell. Thousands of people have done just that, I'm not really sure where your argument or issue is with any of this. So for hopefully the last time, I'm not saying for anyone to buy, I'm not saying it's easy amd I'm not saying you don't have to work at finding a good lawyer and contractor as well as take action against squatting if you are buying an isolated piece of rural land- I'm saying that for the small group of people for whatever reason who decide they would like to buy in Costa Rica, that it is possible to do it and to make money and have minimal problems.

Holy smokes, I think I have been pretty consistent in all my posts in stating that I do not currently own nor am I selling any property in Costa Rica but that I have in the past owned a piece of rental property that I had sold for a profit and that I am considering possibly re-investing in Costa Rica.

Tim,
I think everyone who reads this board for any length of time would be hesistant or extremely cautious about buying real estate in Costa Rica but there is a current of hysteria that runs through this web site about real estate in Costa Rica

If you know your history about Florida you would know that some of the biggest land and real estate swindles in the history of earth have happened there, starting in the 50's and progressing through today. There are more scam artists and swindlers in south Florida than you can shake a stick at.

Ok.

Why should someone buy a home in Costa Rica ?

1.
2.
3.
4.

Can you do 36 ?

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* These are the "Good Ole Days". Enjoy Them.

* RENT but, "Don't Buy a Home in Costa Rica" until you have lived here for THREE years.

1) I got a unsolicited email with a sure fire 100% guarantee 300% rate of return on my investment over a 3 month period on flipping homes in CR.

2) A couple of guys I meet for the first time at Key largo late last night are cutting me in a secret deal that they got going, but only if I can come up with the cash in the next 22 hours to buy a house so the owner can pay off his drug dealers

3) All the homes in the swamp land in Florida are overpriced

4) You only live once or up to 48 times depending on what you believe

5) would you rather give your money from your EX and her attorney

6) I got to much money and just can not spend it fast enough

7) I am Dallas fan needing a place to hide for a few years

I told every one so many times I was leaving the country if ( blank) got elected I am to ashamed to show my face any more.

9) I fell in love and need to provide her with a nice house to live in when I am gone

10) I need a place to live when I am in Cr because my girl friend and her family take up the whole house I already own.

11) Location Location Location

12) seemed like a good thing to do at the time.

13) should have went to the AA meeting instead of DR

14) buying a house was the only way to get out of the cab my lady chose for us when we left DR

15) Not being able to read Spanish before I singed those papers.

16) for the interest deduction

17) to brag to my friends back home

18) to impress those 20 years Gringas back home, so they will want to come with me

19) need some place to park my car

20) Hotels are way to expensive for my 2 week vacation

21) You never lose on real estate investments

22) Sl will not let me bring my 4 Rottweilers into the my room

23) If I own a home I can get a CR passport and get through customs faster

24) I like the color of the inside walls

25) The neighbors and neighbor hood seemed so nice

26) to get in on the ground floor on a new and up coming economy

27) to beat the Chinese buying craze that is coming

28) Returning to my hippee roots and have a house on the beach, pick fresh fruit every day and frolic with the natives in the waves all day long

29) Been kicked out of every other county

30) good enough for those guys who backed Nixon, it's good enough for me

31) The relaxing drives in the county

32) honest Police

33) easy to navigate government system

34) excellent consumer service

35) fair, honest and cheap taxis

36) going to start a business and need a place to stay

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My best friend was the clock on the wall, and he turned out not to be much of a friend in the end

37) I can sit around and do nothing every day for the rest of my life, except drink,screw and party

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My best friend was the clock on the wall, and he turned out not to be much of a friend in the end

This has gotten real silly so this will likely be my last post on the topic. Having to do 36 is really nonsensical. What matters is if you can do even one important one like make a profit. If you can have 3 or 4 more reasons they are a bonus. My reasons as well as my actual experience were as follows:

1. Didn't have a hotel bill on my 8 or 9 trips per year
2. Had rental income when I wasn't occupying the property myself
3. Was able to write off plane tickets, meals, taxi, and other expenses
4. Got a 10 time better return on my money than if I had it sitting in a CD
5. Was able to charge U.S. rates on short term rentals
6. Had 3rd world overhead- property tax- $250 per year, home owners ins. $200 a year, $15 to have it cleaned.
7. Rental income paid for all my flights, meals and entertainment for my trips with money left over to bank
8. Sold and made a decent profit.

Jsmythe23
you looked at buying as a cold hard business deal, added up the pluses and drop off the minus and took your chances knowing all the possible outcomes, all based on rational thinking,and that's the way it should be for every one. However I am willing to gander you are the exception to buying, not only in CR but even here, note the housing collapse in vacation areas here . Almost all others are basing on emotion combined with sales pitches and lots and lots of propaganda. EX- a man I worked with for 20 years retired and got it in his head to move to CR, and was back in 2 years, before left all he could talk about was a dream, not living a life there , never put any thought into day to day.. was lucky sold out and came back in 94-95? and did not lose much.

Good for you, your doing all you thinking with your big head and that's why you have money at the end of the day and most others will not.

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My best friend was the clock on the wall, and he turned out not to be much of a friend in the end

dammed I am bored tonight

38) all the wonderful colored frogs I can play with

39) the county is so Eco friendly they do not club baby seals any more

40) To get away from Government health care in the US

41) to get Government Health care from CR

42) No rain, only light mists

43) escape the earth quakes of Kalifornia

44) good enough for Rush good enough for me

45) to Escape the next Ice Age that is coming

46) to have a place to entertain the Colombian ladies that I find in DR

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My best friend was the clock on the wall, and he turned out not to be much of a friend in the end