12 countries in 12 years

Showing posts with label rentals in cuenca. Show all posts
Showing posts with label rentals in cuenca. Show all posts

Thursday, September 20, 2018

Why We Didn’t Accept "House Hunters International" Feature Offer - UPDATED September 2018




This article was first published on January 25, 2012. Today we bring you the updated article and the video to go along with it. 



UPDATE 2018: Everything in this article still applies. House Hunters has done three shows in Ecuador since writing this article, that we know about. 

         




Last week House Hunters International asked Frank and me if we would like to be featured on one of their shows doing an episode about house hunting for rentals here in Cuenca. 



This version of HHI is a spinoff of the house hunters show. It was pretty exciting to be asked to do one of their shows and we gave it some careful thought. But we are not the type of people who just jump into something without doing the due diligent research first. What would the consequences of such a move be?




We did our research and investigation about this show and it is a very contrived reality show. Viewers do not realize that when they watch this show the people in it our actually “acting”! But that is not the scary part, the scary part is how they can and will slant anything they want from the four day shoot into their favor and say and do whatever they want. It's pretty much like watching the news or reading the newspaper. Is that what you want? we don't think it is. As our readers already know, we have our own show already.



Update 2018: In fact during the considerations we called them several times with our questions and they said we had to stick to their script and that's when things began to fall down hill from there and is why we decided not to do their show. 



We have a reputation to uphold for our readers and YT viewers and for ourselves and we feel it will do more harm than good. We have a pretty large readership now and our readers truly have an expectation from us, and we believe we owe our readers the low cost Cuenca, not the hyped up Cuenca with inflated rents. 




HHI is a very popular and well-known cable television show and for us to go on this show and pretend we like the hyped up rents and real-estate prices would be contradictory to what we teach people about how to live in developing countries.


We believe that if we were to go on this show it would inflate rental prices even more and that is something we are not willing to do. We cannot stop others from hyping up Cuenca with high priced rentals and real estate prices, but for us it is not an option. We love being the Frugal blog about Cuenca and we love being able to tell our readers about how not to be a gringo target and how to find good rental deals.


We live in a pretty nice rental now for only $250 a month and we know there are other rentals out there in the local rental market as well. If we were to go on the show we would be asked to look at high priced rentals that are actually out of our price range and that is not who we are.


This is how the show works and why we won’t do it: They open the show up with how we moved from the U.S all the way to Cuenca to make a new life for ourselves. Then they show us three rentals in Cuenca, one being the home we are in now. They take everything out of our house and pretend like it is just one we are looking at to possibly rent. We would be expected to act the whole time. (If it were our show our slant would be how to find three nice but economical houses or apartments between the price ranges of $250 to $400. We would want to talk about the three factors to look for when searching for these rentals. And the three things not to look for when finding these rentals)


The shows slant would be to show us expensive, gringo inflated rentals that in reality we would never consider in a million years looking at or telling our readers about. They would get a very popular real-estate agency involved like Caldwell Banker or Remax, both of whom are actually here in Cuenca and they would show us $500 on up rentals. Frank and I would have to “act” like these overpriced gringo rentals are something we would consider renting. Of course, in the end we’d have to say they are not really in our budget and we choose the $250 rental, the home we’re really in.


The bottom line is the show is really contrived and artificial, which is nothing like our videos we already have on YouTube. The videos we make for our viewers are never rehearsed—what you see is what you get…To see us on television would be like watching two people you already know and have become accustomed to seeing on YouTube and then be expected to not really know them once you saw the show. We know that are readers would be disappointed and we’d probably lose much of our devoted fans if we did the show.


You see, we already know that if you do your due diligence you can find a decent rental at the local prices of between $300 and $400, unfurnished. At least at this time in Cuenca. Things are changing, however in that area but we do not want to have any part of that new change. Prices are going up, yet we still rent for $250 per month.


Anyway, in the end of the show we would obviously pick out the house we are in now as the one we choose. They pretend like its 3 months later and they put all the furniture back and they show how we have adjusted to our new home, ladda, ladda, ladda.


We want to know what you think. Are we making the right decision by forgoing doing House Hunters International, or do you think we should do the show? What you think means a lot to us—we wouldn’t have this blog if it wasn’t for our devoted readers. You can leave a comment at the end of this post, or email us directly and tell us your thoughts.




Update 2018: As our long time followers know, we have now lived in three different houses, in three different locations of Ecuador and have never spent more than $300 on 4 bedroom houses, and we do not intend on doing anything of the sort for a long time. 




Stay tuned for our price update about the cost of living in Cuenca Ecuador for 2018! You're going to be surprised.
Here's the DIY Cuenca Landing Guide! 

Sunday, January 10, 2016

Gringo Good Samaritian 'Best Help' Package Testimonial in Cuenca Ecuador

Another happy couple who chose our BEST HELP Rental Package in Cuenca Ecuador!
                        
We're an Expat Family of Five, Living Frugal, Healthy and Happy Abroad. We live in Cuenca, Ecuador and travel the Ecuador coast whenever we get a chance. We just adventured throughout the country of Panama for five weeks! Come along and enjoy some of our experiences with us!

Friday, July 17, 2015

Cuenca Ecuador Expat Rental Assistance: Spacious 4/3 Apt W/Views & Terraza

Steve and his wife like their new apartment in Cuenca Ecuador. The apartment is spacious, new, with views and located in a nice quiet Cuenca neighborhood. What more could you ask for? In this video Steve talks a little bit about his experience with using Gringo Good Samaritans - Expat Rental Assistance. 


                        



We're an Expat Family of Five, Living Frugal, Healthy and Happy in Cuenca Ecuador! Enjoy the Discover Cuenca Ecuador blog!

Thursday, September 11, 2014

10 Warning Signs You MAY Be Paying Too Much for Rent in Cuenca Ecuador


 


Some of you might think you got a great deal on your rental and maybe you have. However, we know that many expats in Ecuador are overpaying for their rental house or apartment. So consider the list below to see if you may be getting gringoed on your rent.


  1. You procured your rental through an English speaking/ Ecuadorian real estate agent or online.  

  2. You asked for any one of these amenities in your new place: views 2) elevator 3) by the river 4) near shopping 5) walk to Supermaxi.

  3. You took the first price that was quoted and did not negotiate.

  4. Your new place is a furnished one bedroom suite. (Tourist rental) 

  5. Your landlord raised the rent after one year. (Illegal in Ecuador)

  6. You paid three months rent upfront. (The locals do not do this)

  7. You compared the Ecuadorian rental price to what you WERE PAYING in the u.s.

  8. You brought your u.s standards of living with you.

  9. You simply don’t care how much your rent is.

  10. You’re paying more than $400 for an unfurnished 3-bedroom 3-bath house, or you are paying more than $350 for an unfurnished 3 bedroom 3 bath apartment that does not have 24 hour security or elevator.


None of these are a guarantee that you are getting gringoed, but we think you should use it as a red flag, and do some more due diligence.   



Are you paying too much for your rent?



We're an Expat Family of Five Living Frugal, Healthy and Happy in Cuenca Ecuador! Enjoy the blog!

Thursday, August 29, 2013

Cuenca Rental Home on 5 Acres with Views and Caretaker - $400!



This is the Living Room of the home on 5 acres. To see the video tour of this home click here. 





This Home Has RENTED!
                      ~~~

We have decided to not make any more posts about our special rentals on the "Discover Cuenca Ecuador blog any longer.

This will be our last post with special rentals on this (Discover Cuenca Ecuador) blog.



We will now have our special rentals reserved for our rental website at $300 Dollar Cuenca Rentals blog only.



If you would like to be notified when we post a new rental please subscribe to our $300 Dollar Cuenca Rental website with your email or favorite feed reader. 

Saturday, August 17, 2013

New 3/2 Home for $300: Why We Walked Away and Why You Should Too!

The house is brand new, never been lived in. The price is not spectacular, it is what a 3 bedroom home or apartment should actually go for in Cuenca. It is the local Ecuadorian price market for a new home.



So what's the problem you might be wondering? Well, the problem is the owner/agent sees four gringos showing up to look at this house (Frank and I and the couple we were showing it to) and she decided to impose an outrageous deposit of $500. She knew the house was only for the two people but she felt compelled to ask for this silly deposit. It happens often to us and we just walk away.



She could not go up on the rental price because the $300 price was already listed, so she thought she'd be coy and ask for a hefty deposit, which the renter will NEVER see again. Frank simply and nicely told the lady that we were not going to pay that and to call us if she changes her mind. Obviously she is waiting for some more gringos to come along, she certainly will not get that deposit from an Ecuadorian!!!



                      

Wednesday, June 5, 2013

Should You Move to Ecuador to Live in Luxury?






With all the hubbub on the net about how one can live in Ecuador and Cuenca for $800 to $2000 a month (so which is it?) I can see how some folks would reason: "Hey if you can live on that, then honey, we could probably live in LUXURY on twice that much or a little more."




The ‘problem’ with that idea is that you’re not the only one that has thought of that. We’ve heard of people living on $4600 a month in Cuenca!!



And as a parallel example, if you’ve ever participated in an online auction of any kind, then you know that when there are too many other bidders that will pay more, the price spirals out of control.



On top of that, the early bidders know even as the price goes higher and higher, that the item is over bid! It’s just not worth that much. But try telling that to the late bidders who have decided that they want it and must have it!



Following the above reasoning, “honey, that $600-$800 apartment or house must be – luxury living”. Boy are you in for a big surprise. Those places are no more luxury than they were just a short time ago when they were going for $300-$500.



For an example, $500 to $750 rent for a 2/2 or 3/2 is going to be a very basic, small, freshly painted apartment (900 sq ft to 1500 sq ft of living space) and it will not be luxurious.


Everything is just basic, so why the high rent? Most likely a renter is paying for…24 hour security, dime a dozen views, being a gringo, etc. etc.



I vote for a ‘reverse bidding’ process. We all show up and each one of us offers lower and lower rental prices. Wouldn’t that be fun? (We're already doing it, will you help us?)  Farfetched you say? What do you think is happening when a bubble pops?



“Why do so many gringos leave Cuenca?” Asked the latest taxi driver. Our regular readers know we have a few ‘insider’ conversations with taxi drivers—like this one.



“Oh, you know, they probably believed the Media Hype, and came here to “live in luxury”, hoping they could get what they had in the States, but cheaper”. Shaking our heads: “you know it just isn’t so”. “We both know that Ecuador and Cuenca are nice, but it’s not North America”.




Many North Americans are moving to Cuenca thinking they are going to live in luxury for less than they can somewhere in the US…but unfortunately to have the luxury living that North Americans speak of in Cuenca means sky-high rental prices that are geared to the foreigners. BTW, the Ecuadorians who have been living in the northern country for 15 and 20 years and are moving back to Cuenca consider themselves gringos.




We regularly hear of people that embrace this “luxury living” idea, and find out that they’re overpaying on everything, all the way down to $15 for a $6 chicken. Do you think these people call their relatives back in the u.s. and say “yes, we’re doing great here in Ecuador, we are frequently seen as an ATM machine and we’re overpaying for everything”.




It’s mostly people from the larger metro areas that buy into this philosophy. In reality, if they would just branch out a bit from their large metro area, within the u.s. there are plenty of lower cost slower paced areas, such as in the Midwest and the South.




Not surprisingly there are many wonderful u.s. cities where home prices have not gotten too out of hand, or they have come down. See the real estate chapter in the updated DIY Cuenca Landing Guide to see what we’re talking about.




What? Did you really think you were going to swap a u.s. metro area for Cuenca Ecuador for less money? You can do that, but you’re not getting what you left behind.



To get the inside scoop on what’s happening in Cuenca Ecuador, save time and money and learn to live well see the DIY Cuenca Landing Guide.

Saturday, April 28, 2012

Cost of Living: Who Says You Have to go Frugal in Cuenca!

Well it looks like the good folks at International Living want
you to know that you don't have to go frugal to live well abroad.






Ok, so you don't "have" to go frugal to have a better
life abroad, including in Cuenca Ecuador. 





“When you think frugal you think old tires in the yard, bad
neighborhood, and an old home needing repair, but this…this is nice, and for
$250"!  Said an Ecuadorian real estate broker friend of ours when she came over to our home for dinner.  “You guys are doing a good job, more people
should do what you're doing”. She says this even though she herself makes a living
providing rentals to expats that go for two to four times the Ecuadorian rate. 





Let's put the shoe on the other foot for a moment: Let's say you
live in a fairly decent apartment in Los Angeles, California for the normal for
locals, average rental rate of $3000 a month. 
Unknown to you is that a change is coming soon.





The mainstream Retirement Press is highlighting L.A. as a great
place to retire for less.  The articles
are aimed at expats in Hong Kong paying $16,000 (true price) a month in
“desirable Hong Kong gringo neighborhoods”.





The promoters hook them up with agents in the city eager to make
fat rental commissions off the expats. They're nice people and all, but they
have no scruples about showing the expats $6000 to $8000 a month
apartments because, well, they're such a bargain compared to Hong Kong,
and, you know, the commissions are higher. And besides, there's lots of demand
from expats from Hong Kong eager to save lots of money compared to what
they're now paying in Hong Kong.





Soon enough your Los Angeles neighborhood is overtaken with
"expats" from Hong Kong bragging about what a deal they've got on
their $6-$8K a month “luxury apartment”. Unknown to them, the $3k apartments
are just as nice. 





Next month, your landlord evicts you because he wants to rent to
the "nice foreigners" who pay more. You are looking for a rental now
and can't find anything unless it's twice what you were paying before.





In the meantime, the mainstream retirement press is having a
field day writing articles in the mainstream news on the web about what a great
place L.A. is to retire for less than in Hong Kong.  They highlight rental prices in the $6 to $8
thousand a month price in their articles showcasing them as “normal rentals”.  An obvious bargain, compared to Hong Kong,
according to the slant in the articles.





The writers do not live in L.A. and neither are they retired
there.  They do visit occasionally, just
long enough to talk to the rental agents described above.


The rental and real estate agents love them, and the Hong Kong
readers eat it up.





While this wonderful scenario is unfolding in your city, you
hear a lone voice crying in the wilderness: 
here ye, here ye, look ye, retire in L.A. Just like we have, be frugal
and rent a nice apartment for $3,000 a month. 





The mainstream press in response snickers at the word “frugal”
in their promotional advertisements, telling their followers to turn up their
noses at those lower beings, because hey, you don't have to be like them, you
don't HAVE TO go frugal.





Frugal is only for those lower beings, we are much better than
that. 





In the meantime, the news gets out to the local L.A.
Residents:  the Hong Kong foreigners are
filthy rich, and not only that, they're dupes, why else, the locals reason
within themselves, would the foreigners 
pay two to three times as much for rent as they could?  They must be so rich they don't care.  Well then, since they're that rich and don't
care, let's raise our prices too when ever they come around.  And that's exactly what happens.





One day, you and your friend go into a sewing shop asking for a
skirt that should cost $20 dollars, and, because you just happen to outwardly
have the same features and looks as those other foreigners you are quoted
$180.  (statement based on a true story here in Cuenca).





You go home, shaking your head in amazement.  You sit down to relax with a cup of coffee
and read the L.A. Real estate ads for fun. 
To your amazement, you see ads for ¼ acre lots on the river for a million
dollars.  These are aimed at the
foreigners, because no local in his right mind even if he has the money, would
ever pay such a ridiculous price.  Why,
they could retire on that!





The river is not anything spectacular as these things go.  It's just a river, locals wash their laundry
in it, and some defecate and urinate in it. Even the city dumps waste in it.





If those Hong Kongers would just step outside of their “superior
gringo gulches” they would find that they can buy a whole house right on
a huge deep water lake with sailing and water sports for the same price as that
¼ acre lot on the river in L.A. or sometimes less – right there, in their own
country.  You know, there's a recession
going on back home in Hong Kong. But is anyone paying attention?





Of Course not, how could they? 
The mainstream retirement press would never highlight such things even
if they knew them.  How would they ever
be able to sell “the dream” to all those rich foreign dreamers.  You know, the grass is always greener on the
other side of the fence.  Or is it?  Watch out because, if you hold your nose up
too high, you might step in a pile of dog poop, or trip on a rock or a piece of
metal while crossing that greener grass! 
Especially here in Ecuador.