Real estate ownership is a common ambition, the concept getting even more appealing when it concerns a heavenly location. In 2020 we managed to acquire our own paradise property.
It had been a long term dream for us to have our own estate in Mexico, and more precisely, in the ocean-front Puerto Vallarta, Jalisco.
This place had a special significance for my husband, being the setting to many of his memories of teenage and early adulthood excursions with his companions. He was enamored with this picturesque, coastal town, giving off French Riviera vibes, in the shadow of the Sierra Madre Occidental and home to the second deepest bay worldwide.
Early in the pursuit of our ideal estate, we regrettably invested a five-figure sum into a fractional real estate ownership, proving to be unreliable and leading to the total loss of our investment in the course of two years. This overwhelmingly unfortunate experience took a serious economic and emotional toll on us, almost destroying our faith in our life-long dream. We were reluctant to re-venture into investment, but our desire to achieve our aspiration was more powerful.
We secured a mortgage on our primary residence, and began to explore investment opportunities in Mexico, where, following numerous trips and inquiries, we discovered our dream apartment. Nonetheless, emotions must not overpower logic when real-estate is concerned. Thus, in the end of the negotiation process, we had managed to obtain our dream property, and to settle on a reasonable financial agreement. The required amount perfectly matched the budget provided through our mortgage, encouraging us to move forth with the contract.
Securing this first investment gave us the necessary knowledge and reassurance to continue seeking covetable property deals, making prompt offers, and ensuring financially advantageous agreements. In this manner, we managed to acquire an array of profitable rental properties, ensuring our family’s ongoing financial security and advancement.
Persistence, alertness, suitable preparation, and confidence are the qualities necessary to lead you to your own successful investment journey! One fortunate circumstance towards your own paradise property could be the first step towards an infinite number of possibilities.
Overall, these are the steps of action towards realizing your aspiration:
Determine your objective
Without a clear objective, it is impossible to identify your needs.
Set a course of action
The accomplishment of your objective becomes tenfold more efficient when based on a clear action plan.
Concentrate on your objective
It is easy to lose sight of your true ambition, but determination will be rewarded.
Stay sensible
Don’t let your excitement cloud your judgement. Remain prudent and rational during negotiations.
Reward yourself
Allow yourself to take pride in your achievement, and redirect your momentum and excitement into new investment endeavors.
Stay inspired
You are capable of achieving bigger and better ambitions!
If you aspire to invest in your own slice of paradise, to obtain profitable property internationally, or to secure your family’s generational wealth, always persevere and endeavor towards your ambitions.
Jacqueline Camacho-Ruiz is the CEO of JJR Marketing (www.jjrmarketing.com) and Fig Factor Media LLC international book publishing company (www.figfactormedia.com), founder of The Fig Factor Foundation (www.thefigfactor.org), creator of Today’s Inspired Latina book series and international movement (http://www.todayslatina.com), author of 29 books (www.jackiecamacho.com), international speaker, and sports airplane pilot. Jacqueline speaks to hundreds of audiences about marketing, servant leadership, finding your passion, and achieving success in business. She has addressed the United States Army, BP International, United Airlines, Allstate, and Farmers Insurance among other corporations to share her inspiration.
If you or an organization you know needs as speaker, please get in touch with us at https://www.jackiecamacho.com/contact.