Hear real life experiences of successful Caribbean property entrepreneurs. Learn about their successes, challenges and strategies to help you create wealth and achieve financial freedom through property investing.
CPI Podcast Ep. 32 - Danny Deterville: Juggling Real Estate Development and Entrepreneurship in St. Croix, U.S. Virgin Islands
An Environmental Laboratory Supervisor by day, St. Croix-born Danny Deterville moonlights as serial entrepreneur. The chemistry major credits his mindset of wanting to change his life circumstances back then as the driving force to starting and growing a multi-island successful clothing business, a property development enterprise and now an ATM service network.Danny has always had a love for construction and real estate and claims to have fallen in love with the area from the day he graduated from college. His first foray into the field was being his general contractor for his home. Learn how he approaches real estate investing - don't run from away from "undesirable areas". He came from very humble beginnings but believes that anyone can become a successfull entrepreneur.Find out what it took to move from living in the Valley to having multiple properties and that home in the hills and how helping his mom provide maid services to expats while growing up helped serve as a catalyst to shape his mind set and drive his behaviors and ultimate actions.
6/3/2022 • 39 minutes, 10 seconds
CPI Podcast Ep. 31 - Robert Taylor: Build a Luxury vacation rental Business from the ground up!
Raised in an entrepreneurial family, Robert Taylor was determined to save for that famous "10% deposit" needed to purchase his first piece of land. Being a full-time musician of 20+ years it took a little time, but with sacrifice and persistence he was able to secure a mortgage and acquire his piece of St. Lucia. With 'approved' plans, the intention was always to build a house in the tourism belt that could serve a dual purpose; house his family and earn rental income.These plans would never materialize - well at least not on that lot. Find out how a Sunday walk with his daughter would lead him down a different property path and ultimately birth, the now famous luxury short-term rental "Villa Zatara!" As a creative he could always envision the finished product. Hear the hurdles he had to clear and get amazing insight into how you too can build a luxury vacation rental business with what banks may consider an "unstable" or "irregular" income. Finally with the onset of the pandemic; flight cancellations and global lockdowns, how did the vacation rental sector survive? As its first P.R.O., get a clear understanding of the objectives of the Vacation Rental Association of St. Lucia, how the industry is coping with the "new normal", the legacy of these unprecedented challenges; the impact for years to come and what Property investors need to do to achieve continued success.