“Buy cheap and sell for big dollars.” That is a rough estimation of the international investor’s credo and there is no shame in it. In fact, during difficult times such as the Haitian government and the island’s people are dealing with now, the money pouring into their economy from foreign investors is helping the recovery efforts at least as much as that being raised by charities and offered by international aid organizations. Right now, prime Haiti is available at prices that would not have been imagined a couple of years ago. If you have ever wanted to own a place in the tropics, or if you are ready to take the plunge as a first time land speculator, then buying in Haiti now is your golden opportunity.
Some people might think that investing for speculative purposes in Haiti during this period in the country’s recovery process is hard-hearted. The truth is, those selling property welcome your interest. The sellers are usually companies or individuals who have been frightened away by the quake and, very likely, didn’t have adequate insurance coverage to bail them out of the mess. So, you could look at the international real estate investors’ money that buys up that cheap land as a way of helping out your fellow man. If you happen to re-sell that same property for five times a much in a few years, then consider it your reward for a good deed. Read the rest of this entry »
