{"id":6899,"date":"2013-08-11T21:23:31","date_gmt":"2013-08-12T03:23:31","guid":{"rendered":"https:\/\/www.topmexicorealestate.com\/temp-blog\/?p=6899"},"modified":"2017-08-28T16:17:03","modified_gmt":"2017-08-28T21:17:03","slug":"when-i-move-to-mexico-should-i-buy-or-should-i-rent","status":"publish","type":"post","link":"https:\/\/www.topmexicorealestate.com\/blog\/2013\/08\/when-i-move-to-mexico-should-i-buy-or-should-i-rent\/","title":{"rendered":"When I Move to Mexico, Should I Buy or Should I Rent?"},"content":{"rendered":"

\"\"You’ve owned a home for a couple of decades now, and renting isn’t something you’ve done for a while. Yet, you know it’s always worth consideration.\u00c2\u00a0 There are many factors involved in renting, and the following are a few tips to help you decide if you want to rent to start off, or buy your dream home<\/a> immediately.<\/strong><\/p>\n

You may wish to consider a <\/strong>Mexico rental<\/a> if \u00e2\u20ac\u00a6<\/strong><\/p>\n

You’re not sure about staying in Mexico<\/strong> \u00e2\u20ac\u201c While most people who set foot in the country fall in love with it, not everyone is decided immediately.\u00c2\u00a0 There may also be other serious factors that could require you to move back some time; international moves are a big deal and you don’t want to have to do them too often. In these cases, renting gives you some time to \u00e2\u20ac\u0153wait and see.\u00e2\u20ac\u009d However, if you like the idea of making money from investment, buying could still be the best choice (see below.)<\/strong><\/p>\n

You need more time to look<\/strong> \u00e2\u20ac\u201c Maybe you’re sure about Mexico, and you’re ready to make the leap now, but you just haven’t found that right property yet.\u00c2\u00a0 You can rent for a couple of months while you keep searching.<\/strong><\/p>\n

Rental prices are low<\/strong> \u00e2\u20ac\u201c Combined with either of the two factors above, low rental prices are a nice plus, although I find that people usually won’t go for renting for this reason alone.\u00c2\u00a0 It’s nice to own your own little slice of paradise!<\/strong><\/p>\n

On the other hand, you’ll probably do better buying right away if \u00e2\u20ac\u00a6<\/strong><\/p>\n

\"\"You’ve already seen that perfect home<\/strong> \u00e2\u20ac\u201c You’ve seen a home or condo that’s simply perfect! Even if that specific property wasn’t for sale, this probably means you know exactly what you want.\u00c2\u00a0 Go for it! (See listings here<\/a>.)<\/strong><\/p>\n

You know you love Mexico<\/strong> \u00e2\u20ac\u201c You’ve vacationed here a few times and you know you love it.\u00c2\u00a0 Why draw out the process of really settling into your second home country?<\/strong><\/p>\n

You want to invest in one of the world’s best economies<\/strong> \u00e2\u20ac\u201c Regardless of where you are in your readiness to live in Mexico, this country is currently one of the best places to invest. Owning a property with good rental potential is one of the best ways to get in on the action.<\/p>\n

I find that most expats want to own their home and are ready to just go for it. Yet, rental can be a good temporary option and can be a good stepping stone while other items are worked out.<\/p>\n

—
\nThomas Lloyd<\/strong> graduated from Purdue University Krannert School of Management with a degree in Management\/Financial Option Investments. He has been living, investing, and working professionally in Mexico for over 16 years. In the summer of 2009, he received the first federally applied Mexico Real Estate Degree <\/strong>and Mexico Professional Real Estate License<\/strong> S.E.P. #5978657. He is the president of Top Mexico Real Estate. Contact him at<\/em> (512) 879-6546<\/span><\/strong>.<\/p>\n

The TOP<\/span> Mexico Real Estate<\/a><\/em> Network; “Mexico\u00e2\u20ac\u2122s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!\u00e2\u20ac\u009d<\/em><\/span><\/strong><\/p>\n

\"Mexico<\/a>
\n<\/p>\n","protected":false},"excerpt":{"rendered":"

You’ve owned a home for a couple of decades now, and renting isn’t something you’ve done for a while. Yet, you know it’s always worth consideration.\u00c2\u00a0 There are many factors involved in renting, and the following are a few tips to help you decide if you want to rent to start off, or buy your […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1858,13,286,4],"tags":[239,1517,342],"class_list":{"0":"post-6899","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-living-and-retirement","7":"category-mexico-real-estate-tips","8":"category-mexico-rental-property","9":"category-mexico-retirement","10":"tag-buying-real-estate-in-mexico","11":"tag-mexico-real-estate-tips","12":"tag-rental-properties-mexico","13":"entry"},"_links":{"self":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/6899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/comments?post=6899"}],"version-history":[{"count":3,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/6899\/revisions"}],"predecessor-version":[{"id":14657,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/posts\/6899\/revisions\/14657"}],"wp:attachment":[{"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/media?parent=6899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/categories?post=6899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.topmexicorealestate.com\/blog\/wp-json\/wp\/v2\/tags?post=6899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}