RealtyCast Global #3: A Resource Guide for Investing in Central America with Michael Cobb

RealtyCast - The All Things Real Estate Podcast

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Welcome to episode #3 of RealtyCast Global – a global connection to all things real estate, hosted by Hugh Gilliam, president of Global Property Pros.
Imagine making a bold leap from the tech industry to creating a mortgage company in Belize. That's precisely what Michael Cobb, co-founder and CEO of ECI Development, did. He shares the fascinating story of how he and his business partner, identified a unique opportunity in Central America and turned it into a thriving business venture. Michael's journey is far from traditional, filled with challenges, misconceptions, and lessons learned - all of which he generously shares in our candid conversation.
Michael has over two decades of developing in Central America to his credit and has gained insights that could save you from potential pitfalls of relocating to a new country. His 'Consumer Resource Guide: Global Property Resource Kit' is a treasure trove of information, designed to help you avoid common mistakes and ease the transition of moving overseas.
The insights don't stop there. We delve into the nuances of purchasing real estate domestically and abroad, and the importance of safety inspections, particularly in zones prone to earthquakes and hurricanes. Michael also compares the process of building a house versus buying an existing one, giving you a fresh perspective on construction costs in Central America. As we wrap up, don't miss the chance to take Michael's 'Are You Ready to Live Overseas' quiz - and gauge your readiness for a big move. Are you ready for an adventure with Michael Cobb? Start planning your move today.
Visit blog.realtyhive.com for full episode details.
About Michael Cobb:
Mr. Cobb transitioned from a successful tech career into Central American real estate. and co-founded Exotic Caye International (1996), offering loans to North Americans buying property across Belize and Honduras. The company transformed into an international bank in Belize, expanding services beyond mortgages. Recognizing a need for quality real estate catering to Baby Boomers, Cobb led into development, including an Ambergris Caye resort. They also bought beachfront property in Nicaragua (2000) and on the coastline in Costa Rica (2006). Mr. Cobb has

About the host - Hugh Gilliam:

Hugh Gilliam co-owned a national transportation company, created a land development business, and worked as a general contractor in residential and commercial construction for over two decades. Hugh also co-founded an international distribution company and successfully negotiated and contracted with 135 sales representatives in the United States, Canada, France, Brazil, Japan, and the Netherlands.

Today, Mr. Gilliam is affiliated with RealtyHive, LLC where he serves as Director of International Real Estate and President of Global Property Pros. His duties include involvement in commercial and residential transactions, plus promoting marketing systems and lead generation platforms.
For real estate professionals looking to take their business to the next level, check out Global Property Pros!
He is also co-founder of the luxury digital magazine, DOORWAYS INTERNATIONAL, powered by RealtyHive, which serves as a platform for Brokers and Buyers throughout 70 countries.

Hugh's Designations Include:

• Certified Luxury Home Marketing Specialist
• Certified Distressed Property Export
• Certified International Property Specialist
• Certified International Investment & Immigration Specialist
• Transnational Referral Certification

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Chapters

1. RealtyCast Global #3: A Resource Guide for Investing in Central America with Michael Cobb (00:00:00)

2. Michael Cobb's Journey (00:00:01)

3. Learning From Mistakes in International Investments (00:07:26)

4. Real Estate Trends and Considerations (00:17:14)

5. Construction Costs and Considerations in Central America (00:22:19)