It was 2020, and COVID had turned the world upside down.
Confined at home people took up new hobbies. Gardening. Baking. They took online courses, did online workouts, and went to virtual wine tastings…
Folks watched a lot of YouTube, Netflix and Disney…
And many dreamed of escaping…
That’s how Eric Steen found my Real Estate Trend Alert group. Surfing the internet for Caribbean destinations and other idyllic corners of the world Eric stumbled upon RETA and became a member…
“I thought, big deal, I spend a couple of hundred bucks becoming a member—I’ll educate myself,” says Eric.
“Well…low and behold… The first opportunity comes up in the development of Cabo Costa in Mexico. I’m thinking oh my god, what am I doing!
“I’m going to randomly send $10,000 to people I’ve never met and don’t know?”
That’s exactly what Eric did. He followed through and bought his condo in Cabo Costa, a stunning community in Los Cabos. Now, he’s sitting on major uplifts. (Very soon RETA members will be getting a new, members-only opportunity to own in Cabo…I’ll tell you more below.)
In fact, Eric was so satisfied with the experience he went on to buy in another RETA-only deal in The Village in Corasol on Mexico’s Riviera Maya.
Here’s Eric telling his story…
RETA member Eric Steen found our group during COVID. Today he’s sitting on six-figure uplifts in two RETA deals, one in Cabo, the other on Mexico’s Riviera Maya. Click here to watch him tell his story.
In his short video Eric says something that really strikes a chord with me…
“It’s not about making the money. It’s about not making bad deals.”
Great way to look at it.
Don’t get greedy, and don’t be fearful. Know when to act and take the emotion out of it.
If you do an insanely good deal, even if things don’t work out as well as you expect, you still do OK. And when they work out better than expected? Well you’re sitting on huge uplifts…
I think of myself as a very conservative investor. I love RETA deals and international real estate because I’m highly risk averse.
I know the RETA gains and successes sound crazy to people unfamiliar with this group.
But we’re not doing anything radical or highly risky.
We do simple, old-fashioned real estate investing. We find the right places… We find the right real estate in those places… We seek out the right developers to do deals with… And we buy at the right price.
So far, that’s all just standard real estate investing. Common sense stuff.
The twist is the RETA members-only price. A low price no one else gets.
RETA members buy off-market, before anyone else. We’re the insiders thanks to our group buying power.
Developers line up to propose deals. Yet, I reject 99% of what’s proposed. I only bring the absolute crème da la crème to RETA members…
The right real estate in the right locations. At the right RETA-only price.
Eric bought a penthouse in the Balandra building in Cabo Costa and shot his video upon delivery last August.
I bought in Cabo Costa alongside Eric and other RETA members. In fact, I own more real estate in Cabo than anywhere else in the world. That’s how bullish I am on Cabo.
Cabo is booming and supply can’t meet demand.
It helps that I love it there. I spend a lot of time in Cabo. When there I stay in my condo in Copala in the 5-star Quivira Resort. I bought that when we had a 2015 RETA deal there and our get-in price was from $336,156. I’ve seen listings similar to my condo for over $700,000.
Check out this video tour of Cabo my team put together…
Watch this video on Cabo. I’m about to bring a new deal here to RETA members…
Cabo Costa is a spectacular community nestled on a quiet road in the foothills of El Tezal. This is the ideal location…just 10 minutes from the marina and Medano Beach, and also a short drive to the cultural heart of San José del Cabo, where you can enjoy art galleries, gourmet dining, and vibrant nightlife. And my favorite beach is close by too! Santa Maria…
The amenities that Eric and myself, other RETA members will enjoy are incredible…ocean-view infinity pool, gym, massage room…
And they’ll be ideal for renters. I figure on gross rental yields of nearly 16% while still having plenty of time to enjoy our luxury condo ourselves and everything Cabo offers.
Cabo Costa lies on an elevated spot with stunning ocean views, which you can enjoy from the beautiful infinity pool. Our RETA price was from $249,000 for a penthouse. Today similar penthouses list for $425,000—an uplift of $176,000.
Cabo Costa was among the most highly anticipated RETA deals I’ve ever brought to members of my group.
In no small part that’s because of how tough it is to get the right kind of deal in Cabo. All the factors that have created a critical shortage of quality real estate in Cabo make RETA deals even more special—water scarcity, building restrictions, rising land costs and rarity of land with ocean views.
Demand was exploding before the pandemic, but it’s gone totally crazy. I predicted this squeeze on the supply of real estate years ago but the pandemic has just accelerated everything.
Now is the time to get in…
Which is why I’ve been working hard on getting another RETA deal in Cabo. Now it’s very close…
This will be a RETA members-only deal. You must be a member to get in on it. If you’re not yet a member, there’s still time to join and get in on this Cabo deal. All the details for becoming a member are here.
Ronan McMahon, Founder, Overseas Dream Home & Real Estate Trend Alert
P.S. Are you a RETA member who has bought in Cabo or anywhere else on my international real estate beat? If you’re willing to share your story, like Eric did, please drop me a line here, I’d love to hear about your experience.
Your Daily Dream Home
Svartå, Degerfors, Sweden
This charming three-bedroom house has two floors of living space, plus a functional basement level, and is set on a 33,150 square feet lot bordering woodland.
The first floor has a kitchen, living room with access to a south-facing deck, bathroom with bathtub, and one bedroom. Upstairs there are two additional bedrooms including the master with walk-in closet, a family room with balcony access, and a guest WC. The basement houses a sauna, laundry facilities, and garage.
The house is in Degerfors an industrial town in central Sweden, known historically for its ironworks and steel production dating back to the 17th century.
The town is surrounded by picturesque countryside with dense forests and numerous lakes. There are opportunities for enjoying time outside with activities such hiking and fishing. A nearby lake is a popular spot for swimming in summer and ice fishing in winter.
