Send me a text @ (816) 727-7740
My name is Alexander Howell, and love posting videos on KZread about Travel, Real Estate, and Finance.
VP of Business Development, TTF Digital
Managing Partner, Howell Real Estate.
Realtor° with Local Agent, LLC (MO).
Born and raised in Kansas City, Missouri. Husband & Father.
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Or Just dont try to work around a law that prohibits you from owning mexico land with your ficticious and made out of thin air money.
I always love ignorant comments like this, they've become very fun to respond to! First, as stated in the video this isn't a "work around", but rather an actual law passed by Mexico in 1973. You could have just Googled this, it's very easy. Also the "fictious and made out of thin air money" does not exist, I assure you that the money we invested was very, very real. Which is kind of the reason Mexico passed this law, they realized that their constitution was hurting foreign investment so they decided to (in a sense) amend it to allow for significant foreign investment which now helps their economy. I really hope you have a wonderful day, but based on your name and attitude, my guess is you get mad that the sky is blue.
Some people are a bit scared of utilizing a Fideicomiso, but it's really not that bad - I have one. Something I forgot to put in this video was that they last 50 years, and are renewable!
Do you have to pay a fee for the fideicomiso?
@@jeanthonydelaconte8843 Yes. There is a setup fee and then a yearly fee.
Thanks for sharing.
Sooner rather than later!
Beautiful! How much are you currently renting the property for?
It depends on how long someone stays, and it's changed a bit since the beginning. I'll add the AirBNB link below, and you can check it out! www.airbnb.com/rooms/736834075163160380?check_in=2024-08-16&check_out=2024-08-21&guests=1&adults=1&s=67&unique_share_id=07e06f9e-323b-42e5-a865-15c8213e2dd6
What’s the name of the boutique hotel and what did you pay for it?
It’s called Antelar Casa Destino, and I can’t remember what we paid for it. Right now it’s showing from ~$3,100 Pesos to almost ~$5,000 Pesos a night for a suite, which is what we were in.
Prices are going up everywhere. I moved to Asheville in 2017. I’ve watched housing values have doubled during my time here. I’m heading to Merida in the next 12-months.
I 100% agree. My reasoning is that I think people looked at Merida as a less expensive place relative to others, but because of its increase in infrastructure spending, cruise routes, and just overall popularity it's going up past that idea now. Good luck in heading to Merida!!
whats the costs MXN per m2?
I appreciate the question, I just don't know how to answer. We're in to our home with literally everything between $600k-$650k, but we went all out in every way. Two kitchens, AC everywhere, oversized pool, and many other things. Meaning our price per square meter was much higher than it needed to be, but it'd also be higher now because prices have gone up significantly since our property was finished.
@@AlexanderFromKC ok, do I understand right, 650k US$ and including the initial purchase of the house?
Love it, looking forward to having my own place there
I'm looking forward to you making that happen!
Welcome back to Eden! How you folks doing?
We're ok. Settling into the place with a bunch of people coming down in the next few days, but I wouldn't want to be anywhere else!
@@AlexanderFromKC how long you down for? We should get together sometime!
Back in Merida!!!
Beautiful home, felicidades.
Thank you so much!
We loved it there just wish it was not so windy all the time.
That’s fair, although it is nice when is 100 outside to have that breeze.
Tips on getting solar batteries in mexico? 500-600ah (~24kwh) of Li- Iron Phosphate batteries in particular??
Unfortunately, no. Our builder installed everything at our request, but I've heard really good things through the years about Bulldog Solar ( bulldogsolar.com/ ). I'd reach out to them if I were doing it on my own.
@@AlexanderFromKC i appreciate the lead, thanks for the video and time you out into helping people out on KZread
Question since its so hot there wouldnt it be more efficient to have lower ceilings?
It's kind of the opposite, actually. Taller ceilings give the hot air a larger space to travel to, and then with the proper airway setup (and air conditioning as well) you allow the hot air to escape. That way it's a constant cycle of it rising and then being removed.
I wonder how much it cost to build that house it looks luxury but also Mexico is cheap too so I’m curious
Not as cheap as it's been in the past, but we built just before the sever rise in costs in Mexico, as well as the rest of the world. You're right about our house being luxury, and in fact with two kitchens, several separate areas, and a myriad of customs options, we're all in around $650k. That's a lot of money, but if I tried to build it in the States, even KC where I live, it would have been out of our price range from the start. I'm not sure what it would cost to build today, but more.
We have been watching you videos for some time. In fact we purchased a home on Calle 47 80 y 82 located between Santiago and Santa Anna. We don’t air-bnb our home but us a management company recommended by our good friend, the come weekly and do light house cleaning, landscaping, and cleaning the pool. Comes to 650 mid per week. We have thought about air bnb but not sure how to get started. It is nice however to come home, in Mexico, and know no one has been there.
That's awesome, and what a great area you've found yourself in! There is a part of me that's excited for the day when we're in your situation because as much as the income can be beneficial - it is nice to know that it's your home and no one else's. Thank you so much for watching, it's very much appreciated!
Living in Mérida, Mexico, is a delightful experience characterized by its rich cultural heritage, vibrant arts scene, and friendly community. The city's colonial charm is evident in its well-preserved architecture and picturesque streets, while its modern amenities ensure a comfortable lifestyle. Mérida offers a unique blend of traditional Yucatecan cuisine and contemporary dining options, making it a food lover's paradise. The warm, tropical climate allows for year-round outdoor activities, and its proximity to stunning beaches and Mayan ruins provides endless opportunities for exploration. Moreover, Mérida's low crime rate and affordable cost of living make it an attractive destination for both locals and expatriates seeking a high quality of life. Great video, Alexander Howell!
Very well stated, and thank you so much!
Five minute talking and learning nothing😂
Thanks for the comment.
If any one is looking to buy property in merida let me know, my name is Karen and i now live here in Merida, moved 3 years ago from PA, and looking for an investment property for my family i decided to get certified so not to get taken advantage of, so i can totally help you out and even take you around if you decide to visit to check the options out live ;)
As long as you're doing good work, I wish your business all the best!
Thank you for telling the truth. Viva Mexico!
Absolutely, but for me it's Viva Mexico, y via la Estados Unidos. I love each country, but the issues are way overblown.
Not really but i wouldnt mind owning some forrest acres in south america
That's fair.
I think like Florida... we need an infrastructure that will connect people , have a nice trip etc
I like that thought process, and we did!
I live in Vancouver Canada. A 680sq ft. 1 bedroom condo is $750,000. I shopped new 2 bedroom 3 bathroom 1700 sq.ft places in Merida for $260,000 Canadian. What's cheaper in Merida than Vancouver? EVERYTHING. I'm retiring to Merida in 6 years.
This is my biggest point, so thank you for stating it with personal experience! Everything is more expensive right now, and there is definitely a conversation to be had about foreigners (like us) making things a little bit more expensive... that's not the biggest issue though. We were lucky to build when we did, but to build our house in Merida, even in Kansas City, would be crazy. My biggest piece of advice? Buy right, research where you shop, and buy solar panels. If you do those things you'll do great. Thanks again for the comment, well put!
@@AlexanderFromKC And thank you! Loved the video. Subscribed.
I'm here now
Very nice!!
Hi, nice video. Where did you get the statistic of 2nd safest city in the North America?
See this article ( www.theyucatantimes.com/2019/09/merida-is-number-21-in-the-worlds-safest-cities-ranking-2019/ ), but it's CEO World Magazine that ranked it this way. I've seen several people push back on this, but I can tell you from my own experience in traveling that I agree with it. We've traveled all over the world, my wife even more so than myself, and I've never felt uncomfortable in Merida. Not saying that it couldn't happen, but my experience has been incredible.
It is actually deemed 2nd safest in the Americas, not just North America. (Second to Quebec).
Hotter than hell. stay out. HAPPY i do not have to beg on here for food, drinks, rent or vacations. IT is just greedy to beg, when you are house sitting . wtf Leave these thugs alone or die. I love your videos. God bless you always, and the world. Hola from Queretaro. Over 62 years visiting Mexico, all 0ver the world and all 50 USA states. Keep frozen water bottles for body, bed. pets in and out. Wear a wide brim hat, and loose clothing. See how the Arabs are dressed in the desert. MOVE! YOU are not trees. Carry frozen water bottles for body, bed, chair, car, animals etc. REAL TRUTH. Move to Mexico. Criminals are worldwide. Be alert. Hola from Queretaro. There are African Mexicans. Africans are all over the world. Africa is the mother of ALL civilizations. I was born in Chicago in 1942 Southside, and happy I obeyed my parents. I live in Queretaro now since 2021. I wish you the best, and stay away from drugs, drinks and lust. Be honest. Do not marry, shack, or have babies. Live alone is safer. Hola from Queretaro. I have been speaking Spanish since age 14. Merida was too hot. I never wanted a house in Acapulco, but I rented a home, had a timeshare, rented rooms and apartments. I am a USA Muslim. I am in my 82nd year living in Queretaro since 2021. I was 20 in 1962, when I came alone from Chicago on a 2 weeks vacation to Mexico, from the border down to Acapulco. You are never alone, when nice families are around, and beware of the evil and scammers around. Earthquakes were the deal breakers for not retiring to Acapulco. I always worked, and never asked anyone for anything. I am a giver to nice and honest none beggars, and my 411 is FREE. USA got too dangerous, so I left at 79, for I would have eliminated the John Gacy look alike trying to get into my heavily blocked apartment with a key at all hours of the day and night. I was being poisoned for life insurance, but God warned me, and he took care of the evil demon. God protects me, but I do protect myself also by any means necessary. I have had to protect myself from evil demons, no matter where I live. I pity the fool, who tries to eliminate me. I have traveled all 50 USA states and the world on my own dime from WORKING A JOB, that paid every 2 weeks, overtime, and paid vacations up to 6 weeks. Never needed a go fund to travel. I speak Spanish and other languages since age 14 as a second language. I survived the USA for 79 years and earned all my income there. A nice pension and small savings support me and allows me to help non beggars. I can smell scammers and dishonesty a block away, and then I block their behinds. RENT is all i pay, because it includes everything, maid and security. Since 2021 it has been $672 per month to a present $916 per month. I order stock up groceries etc once a month or two at about $400 or less and delivered to my home in Queretaro. Gifts excluded, since it depends on you, and I prefer to keep that private, but I only am generous to none and honest beggars, who are not scammers or dangerous. I block evil criminals worldwide. CLICK, I am not rich or stupid.
Your home is beautiful! I look forward to retiring in Merida.
Thank you so much, and me too!!
What if I'm a Foreigner and get a permanent residency? Can I legally avoid fideicomiso
Please ask an attorney, but it is my understanding that permanent residents can avoid a fideicomiso. That being said, by my understanding that is kind of putting the cart before the horse, as you need a residence to shown residency.
These videos are kind of ridiculous. Americans/Canadians move down there in droves and are whinning about how expensive it's gotten?! These jokes write themselves😂😂
And yet here you are?
@@AlexanderFromKC I'm a content resident, and I like to watch content from others in the area, but it is silly to complain about a problem that one is also contributing to.
Montejo, not mantejo
👌
Thanks for the video , found it very helpful and exactly the information I was looking for.
Glad it was helpful!
I love your channel. I’m sorry to hear about your recent health issues but glad there appears to be some progress in figure them out. My wife has been experiencing some of the same symptoms for about 7 weeks. She’s been to the E.R 3 times, her doctor once, cardiologist and every test comes back fine but she still has many symptoms. Do you have any suggestions or recommendations that might help her? Thank you in advance
I'm so happy you're enjoying the channel, but I'm so sorry your wife is going through it. Unfortunately, I've been trying to figure it out for a year and a half and am still looking for the cause. I will say that a lot of people with similar symptoms have success with a cervical epidural, which is a routine procedure. That being said it didn't really do much for me. Good luck with everything, I'll be thinking about you all.
We are going to move to Merida soon
Fantastic!
look into a devicce called Neuro MD.. Only thing that helped my back and sciatica.. Great videos hope to see you in Merida one day
Thank you so much - that looks like a awesome product. Hopefully we'll see you soon!
Hi! Do you have information of how notary’s works in Mexico? I heard they are very different than here in US. Thank you!
I would absolutely ask more people than just me, but from my experience notaries in Mexico are more than just legal documents "verifiers" like they are in the USA. Our notaria, which was Notaria 11, was more like a title company combined with a real estate lawyer on board. They were the ones that handled closing, the handling of monies to all parties, our power of attorney, and closing - all combined into one office. They're basically the entire middle-man in the buying and selling of property.
Im a New sub. Get well soon! Great content.
Thank you very much. It's day-by-day, but getting better. Thanks for subbing and welcome!
Great info!!
Glad you think so!
Just found your channel. Wow. Amazing house.
Thank you very much. We absolutely love it.
Amazing house. Love the extra terraces and the master as well. Amazing.
Thank you so much!
How do I get started? I’m interested in buying in Rosarito, Ensenada or Valle de Guadalupe.
The best way that I can recommend to get started is to find forums and groups on websites like Facebook, and read everything you can about the area you're looking to buy. Some can be toxic, but listening to what others have to say is vital when determining your location. That may also help you find your real estate agent, architect, and other trusted resources that you're going to need. Although we started quickly, we read hundreds of posts before we found our agents, but that relationship lead us to our architect and so on... Be patient, read a lot, and you'll have a great journey. Good luck!
We would like to buy a home and rent as an Airbnb. What features do you feel are important to make the property mort desirable and rentable? Tia
Air conditioning in every bedroom and every "hang out" space" are very important. The number one thing you have to have is a pool though, and I would tell you that making it just a little bigger than the average one is good for all parties. Other things would be a nice kitchen, (personal suggestion) a bathroom in every bedroom, and convenience appliances like a washer/dryer are huge for looking at longer term rentals.
From my experience here, starting well before Airbnb the number one for the renter is location, Santiago is the most well known neighborhood and has been since the area formerly called "Gringo Gulch" was all that was really known. If not there, close.. For the owner an easy to maintain house built to very high standards will produce the most return with the fewest headaches. A one bedroom house, not necessarily small, just with fewer rooms with 85-90% occupancy at $125 US per night will be more profitable and easier/less expensive to manage than the multi roomed higher cost alternatives. Also an open design with fewer rooms will allow for hosting events with multiple people paying to visit but not sleep, similar to Airbnb Experiences if desired... Oh, I would add that a large kitchen is a huge bonus...even if the renters never walk to the market and shop for ingredients, the thought of doing it is a hook..
"That's where we are going to end this video"...continues talking for 3 more minutes. Get well soon! :D
Yeah, I'm not exactly known for keeping to that script 😂
Well done Alex! Thank you
Thank you too!
Sadly, the heat of Merida makes it a no-go city for a lot of people.
You're absolutely right. Luckily, I'm happy with the heat!
I never been to merida but i seen so many videos of it i feel like i belong there😅 i also noticed the new transportation it look very nice😊
It's going to be pretty amazing, and it's definitely a city to put on your travel calendar!
You too, bro! I've followed you from the start. I hope you thrive! I'm in San Miguel de Allende. And I'm thinking about Merida. If you'd like to experience a different Mexican experience. I love it here. And I'd offer you a place.
Thank you so much, it's been a fun journey! We're definitely planning on checking other places out in the coming year, and San Miguel de Allende is near the top of our list. The only place ahead is Campeche, and that's mainly due to the fact that we could make that a weekend trip while we're in Merida. Thank you!
Isn't it getting better and better?!? Glad you enjoyed your visit. Your place and ours are in a great location (cerca C. 47 y Parque La Plancha)...we LOVE our location. please let me know when you're back, I'm sad we didn't get together!
I replied and then it went away lol. I didn't make any plans mainly because I didn't know how I was going to feel day to day, but I'll definitely be reaching out when we're down in the summer. We're excited to be down there again. One week didn't feel like enough!
Looking forward to your return, let me know, I'd like to hang out again and maybe have you come to one of my gigs (it would be a nice night out for your and your wife)!
I am looking forward to visiting Merida and most of the Yucatan Peninsula. I hope to retire in Mexico and Merida ticks the boxes. It would be awesome if you share opinion about Tren Maya. ....forgive me. I commented prior to watching until the end. All of the best to your health and well being!
No worries at all and thank you! I've actually had a few videos talking about Tren Maya, and they're all on my channel. I'm sure I'll talk about it more though!
Great video as always! Glad to see you back, wishing you nothing but the best and hoping for a quick recovery.
Thank you so very much!