Ecuador for Investors – Page 8 – The Ecuador Insider

Tumbaco, Quito – Family Home 400m2, Lot: 1000m2, 4BR, 4Bath 200m2, 2nd floor rent $850. 1st floor 2br apt 90m2 is $500. bonus covered common area 110m2 patio bar-BQ, yard & gardens,

This property is in Collaqui, the total square meters of construction is 400m2, of the total hacienda built in 2001. – 1st floor inLaws suite is 90m2, with 2br, 1 bath, – 2nd floor- is 4br, 4 bath – 200m2, Huge common area on ground floor with bar-bq recreation area with open covered stainless steel kitchen- 110mtr. Pet friendly, can do a discount if you rent the entire house yard & gardens on a 1000m2 lot.

Total Lote Size: 1000m2. – 200m2 of land along the fence line – road frontage, was recently taken by the municipality in order to widen the road, and lay sewer pipes, municipal sewer hook up was installed, & more paving of the road is underway in 2024 – 25, Has huge gardens, mature fruit trees, avocados, lemons, mandarins, roses, orchids and various flowers abound all over the property.

Covered parking for up to 4 vehicles, located just minutes from Coral, megaKywi, supermaxi, 15 minutes from Ventura Mall Shopping and SuperMaxi, and 5 more minutes to SCALA Shopping Mall and MegaMaxi. Many nearby schools, colleges and University’s to choose from.

Full stainless steel covered outdoor kitchen, and Large Brick Masonry Bar-BQ smoker oven.

We can schedule a walk through viewing most anytime You are ready,
Is freed up on weekends, and after 12:00 noon daily Mon – Fri. Contact info– [email protected] – For more details, photos or to schedule a showing call EC. cell # whats app: (593) 98-828-8953,
[email protected] US toll free # 770-828-7913, if we miss your call be sure to leave a VM, and we will respond within 1 business day- Asking rental price for entire house and property $ 1,150. USD

Clinic / Hostel – 16 BR, 20 Bath, Retirement Home / Rehab Clinic Potential Cumbaya – Quito, asking $1.75Million

Location – Cumbaya, Subdivision: Primavera 2 / Hospital / Hotel, 16 rooms, 20 bathrooms, Features- Lot size- 1330 m² / Total construction- 1925m² – Private Bedrooms: 16 all of them with made with memory foam for you to be able to relax and have a good night sleep, Baths- 20 / Parking- 50 / Exquisite views…

Age- 28 years old / Built in 1995 – Storage rooms- 10 / Floors- 4

Great potential for an elderly care retirement home. Ecuador: Cumbaya- Suburb of Quito Popular with Expats – https://www.youtube.com/watch?v=MMb_vJW463w&t=51s Location has abundant warmth and sunny days year round.

Contact info– [email protected] For more details, photos or to schedule a showing call EC. cell # whats app: (593) 98-828-8953, http://www.journeymanjack.com/
US toll free # 770-828-7913, and we will respond within 1 business day,

…asking $1.75Million, #EcuadorRealEstate – http://EcuadorRealEstate.org
“I’d rather prep 15 years too early than 15 minutes too late.” #StrategicRelocationEcuador – #JourneymanJackinEcuador –
http://JourneymanJack.com/ [email protected] –
https://www.facebook.com/StrategicRelocationEcuadorExpatsSurvivalSchool/
Call Toll free from U.S. & Canada: Mnts: 770-828-7913, & Coast: 770-988-4492, Ecu. Off: 02-380-4088, Ecu. Cel Claro: 098-828-8953,

WhatsApp, Telegram, Zello, Viber, Wickr
Signal, WIRE, Element, Sessions:
+593-98-828-8953,

“If you wait for the perfect time to launch a new business,
you will never be in business. If you want to travel,
there is no perfect time. Don’t wait for conditions
to be perfect for anything…just go do it!” (Updated NOV 2023)

“Faith is not about everything turning out OK;
Faith is about being OK no matter how things turn out.”

Driving through mine fields in Ecuador: Photo fines

“What? I don’t have any fines or tickets.” I replied to the guy who I sold my car to here in Ecuador this week.

“Yes, you do, you have two open photo fines.(foto multas)” He responded.

He was right, I didn’t even realize it, and usually you don’t in Ecuador until it’s time to pay your annual registration (matricula).

This past year I passed through Ambato twice, and BOTH times they nabbed me taking a picture of my plates. Once going 52km in a 50km zone, and again going 56km in a 50km zone.

Each ticket $112.

Yet, driving all year around the coast and Quito areas I didn’t get ONE.

I’ve found the Ambato, Ibarra and Loja areas particularly bad, so be extra careful driving around there. Explanations of causes of the traffic misdemeanors like speeding to get to a hospital, or parking in front of a fire hydrant due to a sudden emergency require a plausible explanation to the judge. Where there is no reason or excuse other than negligence, a traffic attorney might be able to help you get a judgment with which you are satisfied.

There are several attorneys that rush to the accident scenes with the intention of representing the victims showing a thriving entrepreneurial spirit. These are just a few in the big-money spectrum that is considered a growing legal market. However, it’s the speeders and drunk drivers who are chasing the lawyers to represent them before judges. However there are concerns with whether the traffic lawyers deliver the goods. The lawyers get the tickets dismissed since they know the technicalities. The lawyers also know which tickets they can’t get dismissed and since when the ticket is perfect, on the courts side, there is not much the lawyer will to be able to do for you, so they make a bargain or plea on such.

The traffic ticket lawyers are great if one doesn’t have time to go to court or if their driving record isn’t great. Did you know that a traffic ticket attorney can help you to fight undeserved fines? You can get the justice you deserve, even when it comes to driving. In today’s economy, you cannot afford to spend money on unnecessary speeding fees. If you know that you were driving at the mandatory speed limit, you don’t have to settle for unfair treatment. Some cops patrol the streets in hopes of pinning fines on hundreds of drivers. But you need your hard-earned money to pay bills, buy gas, and other necessities of everyday life. Let a lawyer represent you during this time of need.

If renting a car usually the rental company will check to see if you got any photo tickets before returning your deposit.

If issued tickets if you were going just a bit over like in my case you can challenge the ticket with a lawyer in the municipality where you got ticketed. I’m paying $60 per ticket to the lawyer for help, he says takes a few weeks to process. This process is called IMPUGNAR. It’s common to pay lawyer once job is DONE.

You can see if the plate you were driving got any tickets nationally at this link… But some municipalities don’t show up on the national system for months after ticket issued so you can also check directly on their websites (here is the Ambato one). You can see what my tickets look like if you plug in my old plate number (placa) LBB4559.

Hasta pronto, if you liked this sign up for my Ecuador Insider’s newsletter so you can check out my latest posts(not available online) on living and investing in Ecuador:

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How to beat the big boys in Ecuador accepting barter

Like with any small business you put in Ecuador, you’re going to have competitors with DEEP multi-million dollar pockets.In my case for my 19 room hotel near the Quito airport, I compete with the Wyndham an international chain.

So how can a little guy like me or you when against these corporate dicks.

Of course, there’s always charge less than them.

But there’s other creative ways to beat these guys too.

Like what I started to do this week: Offering alternative payment methods, bringing me to the bitcoin revolution review at cryptoevent that I read a couple days ago and have concluded that Bitcoin payments are seamlessly fast.

You could also try accepting Bitcoin. I’ve used this kind of Crypto currency in the past to make anonymous transactions and shipping. It’s as easy as creating a digital wallet through bitshares exchange or an app like Blockchain. Search for it on Google Play Store. Download and you get a digital address people can send Bitcoin too. It has a learning curve but you get the hang of it quickly. I now accept Bitcoin. Cryptocurrency is just a part of the process of a virtual database running in the virtual world. The identity of the real person here cannot be determined. Also, there is no centralized authority which governs the trading of cryptocurrency. This currency is equivalent to hard gold preserved by people and the value of which is supposed to be getting increased by leaps and bounds. The electronic system set by Satoshi is a decentralized one where only the miners have the right to make changes by confirming the transactions initiated. They are the only human touch providers in the system. Here is the best tron crypto news source.

For instance a month ago on a trip to the States I noticed many younger people in the States like my brother pay for everything with Cash App, a free phone application that connects to your bank account and allows you to make payments to other users quickly and super easy. I now accept Cash App.

I also started playing Sloto Cash Casino At Army Of Bitcoin, you can bet with bitcoin and cash out. You could also accept barter. Why should we be forced to always accept fiat money, aka cash? Why not except goods in exchange for a service. For instance, I have someone coming from the States bring me something they buy (so they can verify the contents), and on arrival I reimburse what they spent as per their receipt for the item and for the act of bringing it I offer the room free. If they item can net a $100 gain here, I now sold my normally $40 room for $100. I now accept barter, too. Email me if you need a room. Recently, Bitcoin retraced to almost $5000; Bitcoin Cash came close to $500 while Ethereum found peace at $300. Virtually every coin got hit-apart from newcomers that were still in excitement stage. As of this writing, Bitcoin is back on track and its selling at $8900. Many other cryptos have doubled since the upward trend started and the market cap is resting at $400 billion from the recent crest of $250 billion. With hundreds of different online casinos choosing the most trusted online casino will remain very important. Especially with the online casino laws.

The big guys move a lot slower and it may be years before they adopt these alternative payment options that gives you the advantage in the eyes of some customers.

Hasta pronto, if you liked this sign up for my Ecuador Insider’s newsletter so you can check out my latest posts(not available online) on living and investing in Ecuador:

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3 real estate business models that do NOT work in Ecuador

This week I´m checking in from my hometown of Cleveland, Ohio on a quick trip back from Ecuador.

And everyone I run into seems to be in real estate.

But it´s a completely different animal than what I´m used to in Ecuador…

…here are three common business models I´m seeing here that would NOT work in Ecuador.

1. Purchase low-income rental properties. In Cleveland, that means the properties in the inner-city where my family lives selling for around $20-40,000. In Ecuador, I would not touch this business model with a 10-foot pole. Low-income rents in Ecuador are really low (like $100-300 a month) and the rental laws just don´t protect homeowners with long, complicated eviction processes for this to be worth the hassle to me.

2. Live-in flip. Where you buy a fixer-upper property and live in it until you are able to resell it. And to be on a platform to sell in a place like Equador, you’d have to seek help of a few marketing companies to make the house visible on the papers. And if you going to the gds group summit, check them on Linkedin. Well, when you buy a beat-up property in Ecuador chances are it won´t be livable (if you have an average North American living standard). I know, I´ve done this one and it was ROUGH.

3. Sell on contract. This is when you tie up a property in a contract for a period of time usually 15-30 days and then resell the contract (or right to buy the property) for a profit of usually a few thousand dollars to another investor. This COULD work in Ecuador and something I may try in the near future, but this is usually done in RED-HOT markets like we are seeing in the western USA now. In Ecuador, properties usually take much longer than a month to sell due to the primarily cash-only market.

So what would I do to make money in Ecuador property? Stay tuned to this newsletter and you´ll find out!

Hasta pronto, if you liked this you’d love my Insider’s newsletter on living and investing in Ecuador,

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Reference: https://craigproctor.com/events/half-day.