Adam Carswell brings on special guest Mike Cobb, Founder and CEO of ECI Development, to discuss how to invest in Central America like a Champ. Mike also talks about how his company builds not only real estate developments in Central America but also communities with character tailored to their investors.
In this episode, Mike talks about:
- The key to being a champ for investing in Central American real estate
- The importance of your network when trying to connect with people
- The two types of people who you can connect with and which is better
- Community-building with ECI Development’s real estate
- How to obtain residency for ECI in Central America
Timestamped Shownotes:
02:04 – Host Adam Carswell introduces special guest Mike Cobb, Founder and CEO of ECI Development
06:04 – What is the key to being a “champ” when investing in Central America?
08:34 – Why is your network so important when looking to Central America to invest?
09:48 – What are the two types of people you meet when growing your network in Central America and which is better?
11:26 – Why do Mike and ECI Development choose business connections based on character?
13:37 – How did Mike found and develop ECI over the years?
14:45 – Why is it so important to Mike to create a community along with the actual real estate properties for its people?
16:52 – Why did Mike decide to move back to Nicaragua?
18:50 – What residencies does Mike have and how do they protect his assets?
21:05 – How does residency work in Panama and what investment is needed?
22:31 – How do ECI investments generate and preserve wealth for investors?
26:18 – Mike gives a shout-out to Krysten Allen
