Cashing In On a Second Home in Central America: How to Buy, Rent and Profit in the World's Bargain Zone

Discover the enigmatic Central America—a region beyond expectations, rich with jungles, volcanoes, and colonial cities, yet marred by political turmoil and economic disparity. Home to 41 million, this land hosts a mix of agriculture and industry, creating a stunning yet complex paradox between the seven nations it unites.

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About the Author: Tom Kelly
Tom Kelly is a nationally syndicated newspaper columnist and radio talk show host. He served The Seattle Times readers for 20 years—several as real estate editor—and his work now appears in the The Houston Chronicle, The Washington Post, The Portland Oregonian, The Miami Herald, The Tacoma News Tribune, The Louisville Courier- Journal, plus more than two dozen other newspapers.

Tom's award-winning radio show, "Real Estate Today," recently began its 17th year on the CBS affiliate in Seattle. He is the author of The New Reverse Mortgage Formula (John Wiley & Sons), Real Estate for Boomers and Beyond (Kaplan Publishing), and co-author of How a Second Home Can Be Your Best Investment (McGraw-Hill) and co-author with Mitch Creekmore of Cashing In on a Second Home in Mexico (Crabman Publishing).

Mitch Creekmore is senior vice president and director of international business development for Stewart International, a world leader in title insurance and other real estate information services. He joined Stewart Title Guaranty Company in 1994 and has been responsible for the development of the company's marketing strategy with implementation of the business plan for Stewart-Mexico. His primary effort has been to enlighten the international legal and real estate community about the availability and benefit of title insurance. He has been a licensed real estate broker for more than 20 years.

Jeff Hornberger is the National Association of Realtors' International Market Development Manager, with a specific focus on Latin American and European markets. Jeff holds a M.S. in Business Management from United States International University in San Diego, and B.A.s in Economics, Latin America Area Studies and Spanish from the University of Wisconsin.

Jeff has lived in Argentina, Spain, and Mexico and is fluent in Portuguese and Spanish. Based at NAR's Chicago headquarters, Jeff is responsible for managing NAR's programming in Latin America and Europe. Jeff has visited Central America dozens of times and is quoted in numerous publications about Central America real estate issues, including The New York Times, the International Herald Tribune, and Business Week. He has invested in real estate in Central America.
Central America is as different as the readers of this book. The region is an absolute paradox. It may be all that you imagine, but surprisingly, it is much more than one could ever embrace. It is more than the long and winding territory that connects North and South America. To the typical North American, the area conjures up vivid and varied images. On the geographical side, a mountainous area with volcanoes, colonial cities, jungles, and, of course, bananas and coffee. On the political front, turmoil, dictatorships and instability. On the economic front, rich versus poor, agriculture-based economies, and sweatshops where United States garments are manufactured and exported. It is a complex and fascinating place, home to 41 million people with a total gross domestic product of about $88 billion.

How do you begin to categorize such a dramatic and extraordinary For starters, this region geographically encompasses seven countries: Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama. These countries have many mysterious cities and fascinating destinations that you could only hope to place them on the map in your mind.

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