Santo Domingo.- Established in 2009, LA investment Capital Real Estate Fund I was conceived with the idea of providing a low risk high reward participation through a diversified approach to balancing both value and international real estate growth. This strategic focus remains its guiding principle, with continued analysis of countries, property markets, and the portfolios and management of individual companies. Capital appreciation is a primary focus, with income secondary.
As part of "LA Investment Capital International Real Estate Fund I", Senior members of LA Investment Capital have partnered with international real estate development firm Coastline Development for the development of a five star 50 acre beach resort development project in Samana, in Dominican Republic's northestern coast.
This Five Star 50 acre resort has 1,000 ft of prime ocean front is in the Samana Region of the Dominican Republic, the fastest growing real estate market in Latin America and the Caribbean.
The resort will include a Beach Club, Spa, Racket Club, 250 luxury villas & condos and a luxury boutique 50 bedroom hotel.
According to Steve Muehler, President of LA Investment Capital, a nine million dollar investment will yield annual returns to investors greater than 30% per annum. All profits to the Fund are tax free as per Dominican Law for Resort Developments.
Written by: pelaut, 1 Aug 2009 7:32 AM
From: United States
"Capital appreciation is a primary focus, with income secondary."
Whew! Thought for a moment another Atlantica, but thankfully, they've said they don't want to make money.
Welcome!
Written by: Juango, 1 Aug 2009 8:30 AM
From: United States, far S. Florida (formerly Santo Domingo)
".... nine million dollar investment will yield annual returns to investors greater than 30% per annum." SIGN ME UP ! SIGN ME UP ! Here is my money.........
The above statement is almost foolish and insults the intelligence of most serious investors.
Now this is a "PIE IN THE SKY DREAM" !!!! The avg. occupancy rate in the Samana is way < 50% at this monent. Where do these people get the Market Study/Research info? From the DR Government?
Written by: mrios, 1 Aug 2009 10:43 AM
From: United States
Why not charge them a construction and permit tax, then a yearly operating permit tax, then use all that money collected to go directly to help end the Doctor's strike, one can't stay healthy forever.
Written by: cejay, 1 Aug 2009 11:10 AM
From: United States, A beautiful Location
After all these ponzi schemes have been opened up in the states like "Bernie Madoff and Stanford Investments" and thousands have lost everything they have by these investment ponzi schemes, my question is "Who in their right mind would invest right now especially real estate from a company just founded in 2009 during the Great Recession in the United States"? After the fall of the housing and now Commercial real estate markets this is a gamble and I smell a RAT!! Buyers or investors beware!!!!
Written by: Juango, 1 Aug 2009 11:30 AM
From: United States, far S. Florida (formerly Santo Domingo)
100% correct cejay ...read the unbelievable claim ... " greater than 30% (per year) return". Anyone making a statement like that, and folks invest their hard erned money, they should forefit their investment , just for being STUPID ! Remember the old saying "If it sounds too good to be true, it probably is". Buyer beware ! LMAO.
Written by: Escott, 1 Aug 2009 1:13 PM
From: Dominican Republic, Cabrera and Sosua a 2 days a month for payday
Samana has VERY VERY LOW occumpancy rates because they get a lot of rain.
Any "reasonable person" at this time isn't considering a big project to build NOW.
30% is NOT unreasonable but NOT at this particular time with the whole world struggling.
So considering it is Samana, considering the timing it has to be a joke or a pie in the sky type of deal which shouldn't be touched.
Written by: synapse, 1 Aug 2009 5:56 PM
From: United States
This proves there is still plenty of dirty money offshore that can't come back to the US and needs to do something! UBS are your listening to this bull!
I think this is a typo, because I see there appreciation as .03% anually.
These jokers must have been living in a cave for the last 5 years. What success in the DR gives them any proven formula? Roco Ki? No! Cap Cana? No! Sun Village? No! What nonsense!
Even Dominicans who have been buying 50% of the inventory are not believing in any appreciation anytime soon, especially in Samana!
Written by: mrios, 2 Aug 2009 11:39 AM
From: United States
Synapse,
You nailed it.
As I always say...
WORD TO THE WISE.....Look before you leap. If one should invest in the DR let it be a place to call home not an quick buck investment.
Written by: cejay, 2 Aug 2009 12:50 PM
From: United States, A beautiful Location
Heck even Bernie just gave 15% returns which is alot but 30% is ridiculous. I told my father-n-law about this "he is one of the most respected land lawyers in D.R." and he just laughed and said "Tigres". lol lol
Written by: xwill7, 3 Aug 2009 10:29 AM
From: United States, El cuarto bate
Samana is beautiful and is growing, but you will not earn those projected amounts. You would need to charge an arm and a leg to stay there per night. There are too many bargin hotels that will not allow these returns
Written by: Juango, 3 Aug 2009 10:51 AM
From: United States, far S. Florida (formerly Santo Domingo)
...development of a five star 50 acre beach resort development project in Samana"....does anyone know where in the Samana area this project is to be built? I cannot find the information on Coastline Development on the www.
Written by: cejay, 3 Aug 2009 10:02 PM
From: United States, A beautiful Location
The investment firm was just created in 2009 so they probably don't even have a website yet. Considering how LA "Los Angeles, California" is bankrupt in the United States, I wouldn't put one penny to anything with the intials "LA"! These Wall Street crooks have ran out of options here in America so they are going to other countries to continue their ponzi scheme ripoff ways! D.R. don't get involved with these people promising the world and 30% returns, again remember the biggest crook in the world "Bernie Madoff" promised 15% returns and he stoled $50 billion dollars from elderly victims and will spend the rest of his life in prison where he belongs and next will be his wife, 2 sons and the others involved. A ponzi scheme that large can't be done by himself. Alan Stanford of Stanford Investments is next in the batters box of going to jail.
Written by: mrios, 4 Aug 2009 12:02 AM
From: United States
Cejay,
Your right on the L.A Investment capital web-site they don't have one.
By the way the Whole U.S is headed down-hill not just Los Angeles, California, Just wait until Cap'n'Trade, National Health coverage etc..etc.. passed and goes into effect WE ain't seen nothing yet. OH'BLAMANOMICS at work and in full gear [7 Months so far].
Ponzi Scheme.....your probably right, after "Madoff scheme" investors beware. God willing the rest will be jailed with long long sentences, too bad the DR does not punish it's swindlers in the same manner.
I'm sure glad I don't live in NYC the original CONCRETE JUNGLE.
Take care.
Written by: cejay, 4 Aug 2009 12:21 AM
From: United States, A beautiful Location
mrios, yes I know cap-n-trade, healthcare and cash-for-clunkers deal is all dooms day for the U.S. When you get a chance, visit this site
http://www.layoffdaily.com and look how many people daily get laid off everyday as U.S. continues to calapse. I thought Bush was bad but Obama has spent more money in 7 months then Bush spent in 7 years. That and the continious malpulation of the stock market by Goldman Sachs is a frekin joke. They all should be in prison by now and all who voted for Obama and put him in power "poor, media outlets, magazines and rapper" are realizing they made a mistake as his ratings have dropped to 49% now. Our great grandkids will be paying all this debt back for many years and thats why I don't want to see D.R. get in the same mistakes as the U.S. with shady investors promising 30% returns. I hate to say it but the United States is a complete disaster right now and is very close to calapsing-God save us!!
Written by: mrios, 4 Aug 2009 9:44 AM
From: United States
Cejay,
Now there's word of a possible 2nd STIMULUS......State, Income, Property, sales and Energy Taxes are soon to rise, "Spread the Wealth" bull crap that's why I now call the U.S the
"United Socialist States of America".
Must I not forget all those over $250,000.00 yearly income earners to include Afro-American Athletics, Movie Stars and Music Artists who must know share there wealth, threw higher taxes, and who now realize there mistake.
Plus the 40 + Czars appointed by Oh'Blama who in my words are real winners.
I never thought I'll see the day when "DA PREZ" would under mind the U.S CONSTITUTION for popularity sake.
The way things are going Oh'Blama will go down in U.S History as DA FIRST BIG F&%# -UP.
I have always said...Oh'Blama should of first took a long look at South Central L.A with Welfare, Section 8, County run Hospitals.... with no incentive to move up. A classic look of failed American Socialism in action.
GOD SAVE THE U.S & DR.
Written by: cejay, 4 Aug 2009 11:44 AM
From: United States, A beautiful Location
mrios, You will see soon people rioting in the streets and social unrest. I would have never thought I would see that day coming but I read something yesterday that Obama already ordered training at a Georgia military base as he is expecting civil unrest to happend soon as the economy continues to spiral downward. I live in Miami and todays newspaper had just 12 jobs-can you believe that only 12 jobs for a city with probably 2 million people or more if you include Broward County. I have literally given up hope. My business that I own has suffered and is basically just me and my wife and I have even tried entering the work force again and letting the wife run what business we have left. But after faxing and submitting my resume over 200 different jobs and only getting 2 interview but no job yet, I have given up.
I am now making plans maybe to move to my wife's country-Santo Domingo, D.R. and live with her parents in Los Casicagoes section. At least nice home and good drinks!! lol lol
Written by: xwill7, 4 Aug 2009 12:19 PM
From: United States, El cuarto bate
Cijay,
things are picking up in other states. Florida will be one of the last to recover since the FL housing market was one of the hardest hit. Don't run away and hid in DR. Things will recover, remember in DR it will be hard to make the same USD that you are use to unless you open up a carwash with working girls. lol
Miros,
Obama can't be worst than Bushy???
Written by: mrios, 4 Aug 2009 1:19 PM
From: United States
Cejay,
I wish you only the best with your move to the DR. Just stay within your means and adjust your Life Style and you'll be alright, I may join you there soon, the sooner the better.
I'll e-mail you.
Xwill7,
Wake-up and smell the roses.... that is if Oh'Blama hasn't controlled your senses already, no wonder you post from Chicago with an optimistic out-look on the future of the U.S
Economy....Oh'Blama's home State. You should quite blaming Bushy, He's no longer in Office remember. True Bushy started the first bail-out, but nothing can compare to Oh'Blama's massive 7 Month spending spree with no end in sight. You must be one of those making under $250,000.00 per year earners, LUCKY YOU. With more luck you'll stay there in the ever vanishing Middle Class, and to stay there after MORE MORE Taxes....Just Watch out with Oh'Blama's new Tax code change due in late November of "09".
What kind of Car did you trade in the U.S Gov. ran "Cash 4 Clunkers" offer ?
Written by: cejay, 4 Aug 2009 1:31 PM
From: United States, A beautiful Location
XWILL7, Which states are picking up? It sure isn't California, Michigan, Ohio, Georgia and others. Don't be fooled by Obama and the other crooks "Tim Geithner and Ben Bernanke" that are protrailing the the economy is getting better. Just read this one article here
http://www.counterpunch.org/lindorff08042009.html as it will shed light on what is really going on and how Obama is bankrupting the United States? I'm not a fan of Bush either but Obama was just a poor choice as a President, we need a business person running this country like Mitt Romney or Bob Corker "2 men that own businesses themselves and understand what is really going on here. Do you realize we are now $35 trillion dollar in debt with fake paper money and our GDP is only around $40 million? China is now talking about another currency replacing the dollar and so is Russia and India-all they need is Brasil to vote Yes and the dollar is gone and China is now talking about stop buying our debt and that will be a sad day!
Written by: cejay, 4 Aug 2009 1:39 PM
From: United States, A beautiful Location
hey MRios, I'm leaving Thursday for Santo Domingo for 10 days to visit family and check some things out. Can't wait as Sancocho, Lechon and Grey Goose and ice cold President'e awaits me!! lol lol
You know Obama has been blaming Bush for 7 months now, he needs to take responsibility for his own spending spree and stop the bleeding. I'm going to make a prediction right now - I guarantee you, he will tax the middle class!!! Remember, as soon as he taxed cigarettes and Alchohol and now fattening foods such as soda "coca-cola and Pepsi" he just taxed the poor also. Who smokes and drinks the most-normally poor people so there you go as he stated on his Presidentual campaign "That I won't tax you unless your over $250,000-He is now a liar too!! He has to tax the middle class also to pay for all the debt, there is no way out of this mess and other countries are now blaming the U.S. for the debt we got them in also. Heck, Spain's unemployment rate is now 22%-I have a Dominican friend there!
Written by: cejay, 4 Aug 2009 1:46 PM
From: United States, A beautiful Location
Oh one last thing, Did you see the story when Tim Geithner went to China and told a bunch of Chinese business and government leaders that Obama is turning around the country and that he now has a hand on the economy problems and it's not a bad as it seems?? The Chinese stood up and actually started laughing at him!! What a embarsement to the whole world that we are kissing the Chinese A@# so they keep buying our treasuries and debt. We'll Mr. President, if we didn't keep shipping off more jobs to China and India and if you didn't keep taxing the SH#$ out of companies or they say the "rich" , they wouldn't leave the country to look for cheap labor would they?? Think about it?? What does America make anymore?? No factories, no jobs, no car manufactures-everything we buy including that cheap Walmart crap is made in China-We are cutting our own throats here in the U.S. Now, Obama is going after the rich with taxes havens Switzerland and sueing Switzerland because we are now broke!!
Written by: xwill7, 4 Aug 2009 2:47 PM
From: United States, El cuarto bate
Cejay,
Things are not perfect in USA but I feel that things will get back on pace. Yes, the states that you listed are doing bad but all states will not pick up at the same time. I have a friend that moved to FL for the nice weather but moved back because there are no jobs. Hope things go well if you move to SD, but remember that when you live in DR you can not spend like you spend when you are on vacation.
Miros,
I don't know is the cash for clunkers is a good idea. It might just produce some quick cash for the car dealers. The need to bring back the manufacturing and service jobs back home.
Written by: mrios, 4 Aug 2009 7:08 PM
From: United States
Xwill7,
I see your problem on U.S economic issues........YOUR MEDIA WASHED, the news stations you watch are hiding the truth from reality, not your fault, just CHANGE the T.V station while you have the freedom & choice to do so. channel watch FOX NEWS " Fair and Balanced" for a real eye opener, I recommend you watch Glenn Beck he will open your eyes, you'll see. I only wonder when will the U.S Media's Love affair with BLAA BLAA OH'Blama's end ?
Cash 4 Clunkers is only a small example of what the U.S ran Gov. controlled auto industry is willing to do, AMERICAN JUNK CARS only good for about 70,000 miles before mechanical problem begins plus yearly depreciation values...WHAT A DEAL !, just think people buying cars they couldn't afford in the first place, another problem is who do you think is gonna pay that 3 extra Billion ? ....YOU. "quick cash for car dealers" temporary fell good that's all, 35 TRILLION plus interest in the hole and still counting I mean sinking.
Written by: mrios, 4 Aug 2009 7:37 PM
From: United States
Xwill7,
I'm not done with you yet......Thanks to your fearless money lovin [ not his money to begin with ] Leader BARROCK "HUSSEIN" OH'BLAMA it's all about HIM and the power to control you, not Me.
I personally know many People who will take the early retirement out in the next 1-2 years due to curtain U.S Economic DOOM ......Cejay get out while the going is still good. We'll leave Xwill 7-11 and His Buddies to pay all that stimulus $$ back.
Must not forget..... the Chinese, Indians etc..etc.. who are gaining more economic strength as we post.....HUSSEIN BLAA BLAA OH'BLAMA you are the greatest.
Cejay,
I emailed you.
Take care.
Written by: PaulB, 6 May 2010 8:59 PM
From: Australia
You all seem very astute in your investment opinion, do you think any of you would be kind enough to express your opinion once again on a private resort currently being planned in Caborra Bassa in Mozambique Africa? There is someone that owns a 200 hectare lakefront property there. And due to positive recent changes in Government in that area. The person in question is currently interested in the construction of about 40 modest if not luxurious holiday villas and amenities including a restaurant, botique shopping swimming pools spa pools tennis courts and a nine hole golf course, there will also be various kinds of water sports available such as jetboating, fishing tours, and crocodile feeding. Add to that, there is a long term view to build a fenced drive through wildlife park. The climate in this area is condusive to a high percent of visitors throughout the year... I just wondered if any of you would be kind enough to express your considered investment opinon about this project.
From: India
This website is all about La Investment capital which is going to invest in Luxury resort in Dominican Republic. You will be aware about it in detail after fetching information through this comprehensive website. However those who are looking for some properties for their business, commercial, demographic and housing purposes at affordable prices and in order to do so they are looking for real estate agents or dealers can go through this site
http://www.ncrdealer.com or can contact at 0120-4338222 or 800-232-2343.
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Whew! Thought for a moment another Atlantica, but thankfully, they've said they don't want to make money.
Welcome!
The above statement is almost foolish and insults the intelligence of most serious investors.
Now this is a "PIE IN THE SKY DREAM" !!!! The avg. occupancy rate in the Samana is way < 50% at this monent. Where do these people get the Market Study/Research info? From the DR Government?
Any "reasonable person" at this time isn't considering a big project to build NOW.
30% is NOT unreasonable but NOT at this particular time with the whole world struggling.
So considering it is Samana, considering the timing it has to be a joke or a pie in the sky type of deal which shouldn't be touched.
I think this is a typo, because I see there appreciation as .03% anually.
These jokers must have been living in a cave for the last 5 years. What success in the DR gives them any proven formula? Roco Ki? No! Cap Cana? No! Sun Village? No! What nonsense!
Even Dominicans who have been buying 50% of the inventory are not believing in any appreciation anytime soon, especially in Samana!
You nailed it.
As I always say...
WORD TO THE WISE.....Look before you leap. If one should invest in the DR let it be a place to call home not an quick buck investment.
Your right on the L.A Investment capital web-site they don't have one.
By the way the Whole U.S is headed down-hill not just Los Angeles, California, Just wait until Cap'n'Trade, National Health coverage etc..etc.. passed and goes into effect WE ain't seen nothing yet. OH'BLAMANOMICS at work and in full gear [7 Months so far].
Ponzi Scheme.....your probably right, after "Madoff scheme" investors beware. God willing the rest will be jailed with long long sentences, too bad the DR does not punish it's swindlers in the same manner.
I'm sure glad I don't live in NYC the original CONCRETE JUNGLE.
Take care.
Now there's word of a possible 2nd STIMULUS......State, Income, Property, sales and Energy Taxes are soon to rise, "Spread the Wealth" bull crap that's why I now call the U.S the
"United Socialist States of America".
Must I not forget all those over $250,000.00 yearly income earners to include Afro-American Athletics, Movie Stars and Music Artists who must know share there wealth, threw higher taxes, and who now realize there mistake.
Plus the 40 + Czars appointed by Oh'Blama who in my words are real winners.
I never thought I'll see the day when "DA PREZ" would under mind the U.S CONSTITUTION for popularity sake.
The way things are going Oh'Blama will go down in U.S History as DA FIRST BIG F&%# -UP.
I have always said...Oh'Blama should of first took a long look at South Central L.A with Welfare, Section 8, County run Hospitals.... with no incentive to move up. A classic look of failed American Socialism in action.
GOD SAVE THE U.S & DR.
I am now making plans maybe to move to my wife's country-Santo Domingo, D.R. and live with her parents in Los Casicagoes section. At least nice home and good drinks!! lol lol
things are picking up in other states. Florida will be one of the last to recover since the FL housing market was one of the hardest hit. Don't run away and hid in DR. Things will recover, remember in DR it will be hard to make the same USD that you are use to unless you open up a carwash with working girls. lol
Miros,
Obama can't be worst than Bushy???
I wish you only the best with your move to the DR. Just stay within your means and adjust your Life Style and you'll be alright, I may join you there soon, the sooner the better.
I'll e-mail you.
Xwill7,
Wake-up and smell the roses.... that is if Oh'Blama hasn't controlled your senses already, no wonder you post from Chicago with an optimistic out-look on the future of the U.S
Economy....Oh'Blama's home State. You should quite blaming Bushy, He's no longer in Office remember. True Bushy started the first bail-out, but nothing can compare to Oh'Blama's massive 7 Month spending spree with no end in sight. You must be one of those making under $250,000.00 per year earners, LUCKY YOU. With more luck you'll stay there in the ever vanishing Middle Class, and to stay there after MORE MORE Taxes....Just Watch out with Oh'Blama's new Tax code change due in late November of "09".
What kind of Car did you trade in the U.S Gov. ran "Cash 4 Clunkers" offer ?
You know Obama has been blaming Bush for 7 months now, he needs to take responsibility for his own spending spree and stop the bleeding. I'm going to make a prediction right now - I guarantee you, he will tax the middle class!!! Remember, as soon as he taxed cigarettes and Alchohol and now fattening foods such as soda "coca-cola and Pepsi" he just taxed the poor also. Who smokes and drinks the most-normally poor people so there you go as he stated on his Presidentual campaign "That I won't tax you unless your over $250,000-He is now a liar too!! He has to tax the middle class also to pay for all the debt, there is no way out of this mess and other countries are now blaming the U.S. for the debt we got them in also. Heck, Spain's unemployment rate is now 22%-I have a Dominican friend there!
Things are not perfect in USA but I feel that things will get back on pace. Yes, the states that you listed are doing bad but all states will not pick up at the same time. I have a friend that moved to FL for the nice weather but moved back because there are no jobs. Hope things go well if you move to SD, but remember that when you live in DR you can not spend like you spend when you are on vacation.
Miros,
I don't know is the cash for clunkers is a good idea. It might just produce some quick cash for the car dealers. The need to bring back the manufacturing and service jobs back home.
I see your problem on U.S economic issues........YOUR MEDIA WASHED, the news stations you watch are hiding the truth from reality, not your fault, just CHANGE the T.V station while you have the freedom & choice to do so. channel watch FOX NEWS " Fair and Balanced" for a real eye opener, I recommend you watch Glenn Beck he will open your eyes, you'll see. I only wonder when will the U.S Media's Love affair with BLAA BLAA OH'Blama's end ?
Cash 4 Clunkers is only a small example of what the U.S ran Gov. controlled auto industry is willing to do, AMERICAN JUNK CARS only good for about 70,000 miles before mechanical problem begins plus yearly depreciation values...WHAT A DEAL !, just think people buying cars they couldn't afford in the first place, another problem is who do you think is gonna pay that 3 extra Billion ? ....YOU. "quick cash for car dealers" temporary fell good that's all, 35 TRILLION plus interest in the hole and still counting I mean sinking.
I'm not done with you yet......Thanks to your fearless money lovin [ not his money to begin with ] Leader BARROCK "HUSSEIN" OH'BLAMA it's all about HIM and the power to control you, not Me.
I personally know many People who will take the early retirement out in the next 1-2 years due to curtain U.S Economic DOOM ......Cejay get out while the going is still good. We'll leave Xwill 7-11 and His Buddies to pay all that stimulus $$ back.
Must not forget..... the Chinese, Indians etc..etc.. who are gaining more economic strength as we post.....HUSSEIN BLAA BLAA OH'BLAMA you are the greatest.
Cejay,
I emailed you.
Take care.