When Really Cheap Isn’t A Good Deal

This week I was forwarded information about cheap lots on a Caribbean island. Prices start at US$7,550. That’s an attention-getter, right? In fact, this sounds-too-good-to-be-true offer (like every such offer I’ve come across in more than 17 years seeking out international real estate investment opportunities) is just that–too good to be true. Here’s why. Property this cheap generally falls short on the three characteristics I look for in any property investment–location, size, and infrastructure. In the case of the Caribbean lots that came across my desk this week, upon closer inspection, I saw that we’re not, in fact, talking about … Continue reading When Really Cheap Isn’t A Good Deal