In this week's episode we are joined by Nick Halverson, a very fascinating guest who owns a property management company in Costa Rica! Nick recounts the ups and downs of his real estate ventures, including dealing with environmental regulations, partner disputes, and the financial crisis of 2008. He also discusses the eventual dissolution of his initial partnership and the lessons learned from mismanagement and misappropriation of funds. Nick also shares insights into the current real estate market in Costa Rica, noting that while the market has cooled slightly, it remains robust compared to the financial crisis era.
How to connect with Nick:
https://osapropertymanagement.com/
How to connect with Luke:
The Short Term Shop - https://theshorttermshop.com/
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For more information on how to get into short term rentals, read Avery Carl's Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties