Puerto Rico Portfolio Plan with Pete Turner

In this episode, Dave Dubeau chats with Pete Turner, a seasoned real estate investor who’s now expanding his portfolio in the tropical paradise of Puerto Rico. A former military man turned full-time investor, Peter shares his unique journey of how a few exploratory trips turned into a strategic relocation and an exciting new chapter in real estate.

Pete and Dave dive into the unique investing environment of Puerto Rico—from tax advantages and U.S. protections to the Wild West-style of real estate networking. You’ll hear how Peter is transitioning from small multifamily rentals in New England to larger-scale commercial properties, including boutique hotels on Puerto Rico’s west coast.

Pete explains why he's drawn to mixed-use and hotel-style properties, how he's navigating local quirks like the lack of a standardized MLS, and why 20 keys is the magic number for boutique hotels. If you’ve ever considered international or U.S. territory investing, this episode is packed with insight into the opportunities and challenges that come with it.

What you’ll learn in this episode:

• Why Pete and his wife chose Puerto Rico for their winter base

• The big tax benefits and legal nuances of investing on the island

• How commercial property values are determined differently

• His strategy for combining short-term and long-term rentals

• Why 20-unit hotels offer the perfect balance of automation and profit

 

 

- Get Interviewed on the Show! -

================================== Are you a real estate investor with some 'tales from the trenches' you'd like to share with our audience? Want to get great exposure and be seen as a bonafide real estate pro by your friends? Would you like to inspire other people to take action with real estate investing? Then we'd love to interview you! Find out more and pick the date here: http://daveinterviewsyou.com/