reason for an explorer24 Jan 2023 07:26
Morning all. This will be a rant but trying to justify my investment as i see it. When I came to live in Ecuador about 20 years ago I did it because I saw an opportunity that I couldnt have in England. So I sold my property and business there and went all in here. I bought many properties here and divided them up into more affordable lots. At this point here comes my analogy. Many consessions bought cheaply. I developed , derisked , and built houses to sell or rent or sold the lots to have a good cashflow and profit. I always kept my jewel in the crown which was my first house, but now I need to sell it to continue , as painfull as that may be I will do it to further my business!! I invested in this business because I thought they had a vaguely similar idea, buy, explore , de risk , advertise and sell!! and move on to the next project. Explore, find, and sell or JV etc. That was the business model I bought into. I am more confident than in a long time that this is whats going to happen!! so GLA I am off to bed
DK