American Money

South America experienced the global downturn very differently compared with the rest of the world. Lacking in direct investment from those countries worst hit, and generally speaking, most regions and countries are entering a period of remarkable stability. Whether they have seen the light and are tired of revolution, or they are more interested in making money, the fact is South America has turned into one of the world’s most favourable destinations for hotels investment. A continent that has huge diversity, amazing cultural heritage, spectacular climate and natural wonders, and is easily accessible by most of the world, is finding its place in the world of tourism like never before. The four key markets are; Santiago, Chile; Buenos Aires, Argentina; Lima, Peru and Bogota, Colombia. Here is a look at the major reasons why.  Read more... (563 words, estimated 2:15 mins reading time)

• Ease of Doing Business. All of the countries here have improved their ease of doing business. Chile, which has long been the testing ground for South America has an investment grade rating, and Peru has made huge strides in how they deal with foreigners and doing business. Colombia, of all countries is in the lead, and this is indicated by the large amounts of investment from American and European countries in 2010 and 2011.

Thinking about becoming a property developer? Or perhaps you or your company are already in the game. But what sorts of traits do these guys need to succeed? How do they do it – and how can YOU do it?

1.      Be Decisive

Whether you’re investing in a large commercial shopping centre or a small cottage offering Ballarat accommodation, you’re never going to be a successful property developer if you’re a fence sitter. Successful developers analyse the risk, work out their returns and if it’s right, they go for it. The recognise when to say ‘Yes’ and when to say ‘No’ and they’re always confident in their decisions. Of course, they’ll make mistakes, but they treat these as learning experiences, not as setbacks. Whatever you do, be confident in your choices, because if you’re not, no one else will be.

2.      Hands On

Property developers are always hands on. They don’t just buy something and then sit on their butts and wait to strike it rich. They’re out there, making plans and decisions about how to run their investment, overseeing their projects and structuring their strategies to get the most return. So if you are looking at becoming a developer, don’t assume it will be an easy ride. Treat it as if you were running any other business. It ain’t going to run itself and turn itself into a success – that’s your job!  Read more... (621 words, estimated 2:29 mins reading time)