Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.

Financing $240k at 7% will be about $1600 a month in principal and interest.

How much principal per year are you pay ing3.  

So, we file to foreclose, the borrower file BK, and we go through 2 years of BS.  

Reason given is to file claim with Renters insurance.

Beneficial Ownership Information is back on the table. Register your corporation by 1-13-25

With a 40-year mortgage, however, most of your payments go toward the interest, and almost nothing goes toward the principal balance.

My principal/interest, escrow, and insurance is 1570, and my HOA is 306 and it includes water.

Trading off current cashflow for principal payoff in the future?

To sum up what everyone is saying and what we do:- notify the tenant to call the police next time to file a noise complaint.- Send emails and texts to all tenants in the building reminding them of "quiet enjoyment" and respectful behavior to their neighbors.- Avoid being the mediator, judge, and jury