Why OC Investors Like Mexican Real Estate

Herbert: “People book the place online, but the manager meets them there when they arrive, and it’s seamless.”

ORANGE COUNTY, CA—The ability to set up a trust quickly and inexpensively and rent out residential and vacation properties using an online format are making the Mexican real estate market hot for those within a four-hour flight—especially Orange County investors, PowerPlay Destination Properties principal Mark Herbert tells GlobeSt.com.

According to Herbert’s firm, when you buy a property in Mexico, the bank automatically (as part of its standard operating procedure) creates a trust on your behalf that then purchases the property. This makes it even easier than ever for friends and family members to purchase a property together and even invest different percentages/amounts in that property. On top of that, Mexico has fewer regulations on shared economy rentals, so it’s simpler to use VRBO or Airbnb to manage property rentals there.