Diary of a Network Geek

The trials and tribulations of a Certified Novell Engineer who's been stranded in Houston, Texas.

9/25/2006

Real Estate Investing

Filed under: Criticism, Marginalia, and Notes,Deep Thoughts,Fun Work,Life, the Universe, and Everything,News and Current Events,Personal,Red Herrings,The Network Geek at Home — Posted by the Network Geek during the Hour of the Snake which is just before lunchtime or 11:56 am for you boring, normal people.
The moon is Waxing Gibbous

Anybody want to buy land in Costa Rica?

So, the other day, I was talking with this guy from church about his impending divorce. It’ll be his second, so there wasn’t much I could tell him that he didn’t already know. And, since he lives in the River Oaks area, there’s going to be a whole lot more money involved than I’ll probably ever see in my lifetime. Again, not much advice I could give him, except, of course, to remind him why one hires a lawyer for these things. I just reminded him that he didn’t need to roll over simply because he was the man and, traditionally, the woman got the lion’s share of the communal property. They’d earned that money together, each contributing their part and he was entitled to his fair share. Besides, at the moment, she actually makes more money than him, so it’s not like he’d be hurting her financially at all. Mainly, though, I “advised” him to let the lawyers haggle it out when things got ugly about the money. Again, that is why one pays for a personal shark in the first place, right?

Anyway, he was talking about investing in real estate in Central America. Specifically, in Costa Rica. Now, a lot of times when guys start in with this kind of thing, I figure it’s somebody trying to impress me, but not with him. Something about the matter-of-fact way he talks about some of this stuff and his plans for developing some of the land and making a resort just ring too true for me to feel like there’s a scam or an ulterior motive. I’ve been wrong before, of course, but, these days, I’m a fairly hardened, bitter cynic and I tend to trust my instincts when it comes to people. Sadly, when I suspect something untoward, I’m rarely wrong.
But, he knows what I do for a living and for fun. He knows, for instance, that I’ve done web design work for my divorce lawyer. And, as a check was on the way, I mentioned that again this weekend when I saw him. Also, it turns out that when you Google Houston Divorce Lawyer, my lawyer already shows up on the second page of hits. Considering that he didn’t show up in the first 20+ pages of hits before I revamped his website, I’d say we’re doing pretty well. A little more time and he’ll be on that Holy Grail of search engine optimization, the first page of Google results.
In any case, I was joking with him, the guy from church, not the lawyer, about how I was in that very unique position of actually making money back from my divorce lawyer. But, it wasn’t long before he was asking about domain names and websites and optimization. And, yes, I found myself volunteering to do a simple website for him and optimize it for the search engines. And, of course, advise him about how to find an URL submission service that would keep his ranking good and high.

And that’s when he jokingly offered to trade me a hectare of land in Costa Rica for doing a website from scratch and optimizing it for the search engines. At least, I think he was joking. I mean, he was sort of laughing about it, but… But, it would be a pretty damn good deal and I’m thinking about calling him to see if he was serious or not. Because, I’ve been looking around at it a little bit and $750 worth of land now could very quickly and easily be over $75,000 some time in the next five years.

And, I was getting ready to tell him I’d do it for nothing.

So, does anyone know about real estate investing in Costa Rica?


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